The New York herald., 1869-05-02

II M.......... .l34A 3P. ...l34L
+. NJ. E344 4P. NJ. .l34a
Loans of cash gold were made at rates ranging
nom six per cent for carrying down to fiat for bor
reTing for the Clearing House. In the afternoon the
range was from four per cent fer carrying to fiat.
The Alaska, from Aspinwall, brot, ,ght $69l 900 in
specie and the French steamer for ,Irope took
s7l,o0o. The business Of the Gold Ex change Bank
resulted as follows:-
Goiu i SleaIeu. 44o 600
~s'1 sa,tSsss: 20s3 .4s
Currency balances. :'..s-' -'''oi''
Southern securities were firm, except .Sor ine Ten
nessees and the North Caroinas, which w,Ve rregu-
lar. Payment OF the coupons on the L, ,'tisia"a
levee six per cents commenced to-day at the oi
America
Money was quoted six to seven per cent IN the
earlier part Of the day, but there was sharp de-
mand at seven per cent after two o'cock and up to
naf past three supposed TO be partly artificial and
partly due TO the withdrawal Of funds to pay the in
terest on the city Stocks Commercial paper was In
fair demand at seven and half to ten per cent for
choice four months double name acceptances.
The following were the bids for the city bank
stocks at the regular board this morning:-New York,
l3O; Manhattan, 40; Mechanics, 1888; America,
14s; Phenix, 1O7; North River, 1o5; Butchers and
Drovers', 1885, National, l10s; Merchents' Exchange
No. Seventh Ward, ITO; state OF New York; 1l2;
Commerce, 12s; American Exchange, III Chatham,
$50; Bank Of the Republic, lis; Hanover, ITO; Mas
sau, 1o5; Commonwealth, l14 Importers and Trad
ers', lS3; Park, 159h; Central National, 1l01s
Fourth National 1o4.
The Commissioner Of Internal Revenue has been
formally notified that appeal from his decision
sustaining Assessor Webster's construction OF the
law in regard the tax brokers' capital will be
made TO the courts at once.
Both boards OF brokers held interesting executv i've
sessions to-day. The regular board assembled at
noon and after brief discussion decided TO adopt
the report OF the special committee fayoring the al
mission OF the government brokers. As as this
determination became known the open board went
into executive session and had very stormy
meeting. The report OF the regular committee was
denounced untrue SO far as IL asserted that
the open board manifested hostility to the
project OF consolidation. committee
then appointed to take legal advice upon
the subject OF moving by injunction TO restrain the
regular board from admitting the government
brokers at $1,000 per head, which step would be a
contravention OF the joint agreement to nx the
initiation fee OF both boards at $4,000 After
further discussion it deemed proper 10 express
the sentiment OF the board still in favor OF
union with the Stock Exchange, and a conciliaton
committee was appointed IN accordance herewith
The result viii doubtless be consolidation, In
lar board more solicitous for 1t than the open
board and the action Of the former to-day is shrewd
ly suspected TO be means OF urging matters.
Tue stock market was dull and generally heavy or
account OF the very inclement weather and the dis
traction OF the brokers TO the questions IN dispute
between the different boards The full text OF the
Albany news, showing that the committee reports
with reference 10 the Vanderbilt stocks were sub
mitted "lor the consideration OF the senate,n and
not favorable caused halt among operators in
New York Central, Hudson River and Harlem,
which at their best a fraction "on' from the
highest figures OF the previous day. Erie underwent
q further ''break" to 251, but reacted to q a.
Reading was lower in consequence OF the heavy
dividend on the East Pennsylvania road and through
reports Of strikes In the coal regions. Pacific Mail
and Pittsburg were side by side in a
decline to 92, but recovered late In the
day. Lake Shore was firm, touching lO4. Mariposa
was higher. A bin was reported In the Senate TO-
day authorize the company 10 issue first preferred
stock. The following were the closing quotation.
at the last regular board:-Wels-rargo Express
35h S57s; American Express, 4Ojs q l2 Adam,
Express, 6l1z a 62Is; United States Express, 62l.
bid; Merchants Union Express, l5k; Quicksilver
2o1l a q; Canton, GO a GA; Pacific Mail. e2X s2A
Western Union Telegraph, 4s16 a 43gs; New Yorl
Central, III I77I; hudson River. i57 l57Js IIar
lem, 14s a 151; Reading, s6X eek; Chicago an,
Alton. 15eIS q 160; Bankers and Brokers', 100; Alto
and Terre Haute, 3sL 40; do. preferred, os
COZ; Toledo and Wabash. 20 73l4; do. preferred
Tx 7sk; Milwaukee and ST. Paul, 7sz a 70; dc
preferred SIX s7i4 Fort Wayne, 1895 s 30
Ohio and Mississippi, 33]s 33k; Michigan Ger
tral, 12s 12s; Michigan southern, 1O3s 1851
Illinois Central, 144k a las; Cleveland and Pitt'
burg e2ll e2x Lake Shore, 1o3js 1854; Roc
Island, 1917 1s7aI; Northwestern, 81. a s7a; dc
preferred, esX a osl; Boston Water Power, 10
1ek; Mariposa preferred, 43ss 43Js; Columbu:
Chicago and Indiana Central, 4si4 4sz.
The favorable character OF the bank statemen
had very little effect upon prices after the Boards.
The receipts for customs and the receipts. pay
ments and balances at the SubTreasury In this cit.
for the week have been as follows:--