The New York herald., 1869-01-12


pearance Of activity and the rate hardened iull
beven per cent with exceptional loans at gold IN
}erest The sudden activity q this hour Induced the
belief among many that artificial means had been
empl0yed 70 make money stringent but there were
no indications Of It beyond the industry OF the
sbears1 In hammering at the stock market.
The activity OF money took the street by
surprise, especially as the weekly bank
statement was 50 favorable. Commercial
paper was IN more demand. but transactions
were few, both 81 lea being unwilling to make con-
cesslons. For prime paper the nearest quotable
rata u to 10 per cent the banks are st receiving
money from the West and remittins, on q smaller
scale. to the South. Exchanges are becoming so
1rm tn she Western money centres despite the ship
ments Of currency already made, that still larger
xemittances looked for within the present week.
or. ct fartnest the next one ah sBtaA ss-it 4
Government bonds opened barely steady, weaken.
cd AZ the noon board rallied little at the afternoon
board and closed du and declined in the late trans
hctions on the street. Heavy sales were made to
realize upon the advancs sustained at the cose OF
last week. report was also IN circulation the
Treasury intenl led selling moro bonds, but It was
denied ct the agency in this city. Tho closing
prices :, at nve O'Clock this evening were
- follows :-united States skies. 1881. regis
tered, 110x . Il0A; do. do, coupon, ll2
nl2K; do. nve-twenties, registered. los 10sk; do
coupon, lso2 1922 1i2; do. do, 1894 10SA 100;
no. do, 1885. 1OoK 10ok; do. do, new. 1885, 1oS
1osx; do. do 1907, losk los,s; do. do, 1893 1os
100; do ten.fortes, reg stored, losK loa do. do.
coupon, loox alos. Currency bonds, 10o1S 1ooa.
y The general stock market showed the nckeness Of
coquette to-day and rather sadly betrayed the con-
ndence OF those expected stl greater activity
n prices as sequence of tho very favorable exhibit
Of the banks. The leaven OF dstrust with which
the sbears'' imbue tae market at the close on sat
urday night was felt to-day. Holders Of
stock were not sdispo ca TO keep. while bolder
operators, actuatel by . consideration OF the
bank statement were disposed to purchase. As
consequence large transactions and strong market
were the features o. tae morning boards THIS con-
ndence on the ono side was not sustained later In
Ehe day, especially aftcr the reported strngency In
money, which was accompanied BY reports Of further
s.lock.upn strategy. Prices under these combined
Influences underwent steady decline until, between
-Four and nve O'Clock, the whole market was on an
average Of about ewo per cent. Rock Island de-
clined from III to 25H. New York Central from 1S7
10 1Ss, Pacific Mall from 124K to 122K, P1ttsburg
fron sS TO saz, Erio from asx 70 SO, Hudson River
nom lssx 70 1876 Toledo from l04k TO 103k, Ohio
ana Mississippi from 3sx 70 ask. Reading from s5
60 o3x, Michigan SO thern from o1 to sok. North
western common rom sax to SIX. and Northwestern
preferred from sTx TO ssK. Fort Wayne was irregu-
hor, o0lhnR up 70 Su0 mSuuAc Va tue oays Out
subsequently declining TO Ito.
the closing Quotations Of the last regular board
were as follows:-oanton, 81 q 64h;s Cumberland,
tsx 80; western Union, sax . sak; Quicksilver.
- -; Pacific Mail, l22x 122x; New York Gen.
tral 16s 155H Erse 3sk . -; do. preferred, % .
%; Hudson River. ls7k l3s; Reading, slk p4K;
Michigan Central, 1i5 l10 Michigan Southern, soN
%; Illinois Central. ll3 14a; Pttsburg, ssK e.
rorthwestsrn, SIX %; do. preferred, sSK 80;
Toledo. losK lo4; Rock Island, l2S 100; St. Pau.
n 70; do preferred, % . COX; Wabash ak 90;
40. preferred ~ 70; Fort Wayne, ll0 ll0x; Ohio
and Mississippi. ssxs
I ). Tue closing quo ailons ct the last open board
were a. foliows:-wslis. Fargo Co.'s Express. IS
~; American Exlress, IS bid; Adams Express, lsk
e&SK; Unitoi ssates Express, II ~; Merchants
pnion Express, lax . 12X; Quicksilver, 22Ka -;
Canton, s4x ~ S4k; Mariposa, bid; do. preferred,
20 n; Pacific Mall, 122x 122K; Western Union
Telegraph, s3x 33H; New York Central, 165H .
1Ssk; Erie. ask . 3sk; Hudson River, 1a6 l3ex;
4 Harlem, lso lss; Reading, sax ~, Chicago and
Alton, l4s 1906 do. preferred, las 1S4; Bankers
and Brokers'. lol 1e3; Alton and Terre Haute 81
. a.; do. preferred oaK e4; Wabash, ok %;
do. preferred. - bid; Milwaukee and st. Paul, u .
I NIX; do preferred. cox . ook; Fort Wayne. l1o
a1lok; Ohio and Mississppi, ASK ssX; Michigan
Southern, ssh soAE; Pittsburg, sax SAX; Tole-
DO, 103k o lo3x; Rock Island. l25A 1856 North
western. slx q 50; do. preferred, ssk s5x.
fAn EFFORT was madc to sustain market on the
street after the adjournment Of the Long Room but
tho heavy rain storm dispersed the dealers In the
few transactions that took place there was . slight
gcacton from the lowest figures Of the day. The
following were the only quotations made on the
street after nvc o'clock:-New York Central 1j5k .
ts6x; Erie, IS asx; Michigan Southern, sok .
esK; Rock Island 100 . 12o,s. Northwestern com
Enon SIX q 81; Northwestern preferred, s5x s5K;
Pacific Mall, l2l . isa.
The Southern state bonds again actively dealt
IN, prices closing as follows:-South Caroinas, ex
coupon, 03 o ~; do, new, o. o 0S; Tennessccs
ex coupon, eox . eaK; do. new, 90 ools; VIZ
ginias. OK coupon, SO 81; do, new, 81 a67K;
Georgia dxes, 7sx 90; do. scvens, ook ol;
North Carolinas. OK coupon, eAt< . olk; do, new,
s2k o2,s: Missouri slxes SIX IS; Louisiana sixes
-; do. lsvec skies, o7k os; do. eights, 7ok o
77k; Aiabama eIsnrs, 80 as7; do. nves, 90 a.;
Aemphis Ctios 6Ja51. 'a la
Foreign exchange was nrmer at the following
quotations.-steriins, sixty days, commercial, 1854
looh; bankers losx loyk; short sight, 11ok .
11ox; Paris, sixty days. b.1s1 q a.l5; short sight,
AJAX a6.f1x; Antwerp, b.1sM 6.15; Switzerland,
s.isx q 5.I5: Hamburg, 3Sk sox; Amsterdam,
aox q Az; Frankfort, 4oK Az; Bremen, 7sk .
70; Prussian thalers, 7iHa72 Nrh8sMFM
II The transactions at tho subTreasury In this city
to-day were as iollows- aa3ie8 s8 0fN lts
Total recsps.. sLsis,sco PAYMENTS. q es2 se1
fof gold notes 100 '''"' '"'s
rno customs rocepu At Boston last weeK vGe
124s, io2 Ns4s
me cash balancs In tho hands Of the United States
Assistant treasurer ~ Boston AZ the close OF busi-
ness On January . was ssrie2s4; week prevlcus,
SesTs, So7 TIE coin balance n down to t1 ,sco27a
The total value o. exports (lncudIng specle) from
. enc port OF Boston from December 2s TO January
<two weeS@) was s7Asaso. n tsalAs s<Ak
At Chicago last saturday tho journals OF that cty
Currency continues TO now In from tho county,
There are also son0 light remittanCes outward in
that direction and aoue larger afnOdnta being