The New York herald., 1869-03-31

centre Of operations In Erie. The board comprises
six hundred members and has further applications
An election comes or next Saturday TO hl the place
OF secretary, made vacant by the resignation Of Mr.
Delmar.
The stock market presented the paradox Of buoy
ancy and activity In the face Of greater activity
IN money. The explanation probably lies in
the fact that the cliques and others who
are "long" OF stock have made time
contracts for loans. bridging the present
period OF stringency. They thus enabled TO fight
down the opposition OF the 'bears," while frghten-
ing the shorts" into covering the latter perceiving
the danger which they r they now fail TO do 80
in fuflment OF sales made against this period OF
expected depression. New York Central was quite
active going up l6l under reports that pro rata
was to be beaten In the Legislature; that measures
would be adopted to authorize the capitalization OF
the scrip, and that Mr. Vanderbilt started for Albany
this morning. Those who are acquainted with the
Commodore's opinion OF the lobby will not be In
clined to believe that his visit, II he be
really gone there has anything to DO with
legislative favors. 'corner'' is reported in Fort
Wayne which sold up to 1885, while Rock Island
touched 1874. The highest period Of the day was In
the vicinity Of the session OF the last regular board
at which the following the closing quotations
on the calI:-Cant0n, 6sN 59H; Cumberland, IS .
81; Western Union. 37X q 3S; Quicksilver 193S 20;
Mariposa, lsA 10; do. preferred, SAX So; Pacific
Mail, 90%; New York Central, 1907 160A; Hudson
River, l3s 13sH; Reading. 0lx 91a1; Michigan
Central III 1i9; Michigan Southern 90 06tS; ILL
nols Central 1873 a l4o; Pittsburg SO s9k; North
western S3A sszS; do. preferred, s2i4 92; Tole-
do, 106x 1908; Rock Island, l33l4; st. Paul. 70a4
71'i; do. preferred 79X 50; Wabash 68g5 67; do.
preferred, 70 IS; Fort Wayne, 125 l2e; Ohio and
Mississippi s2H s2s<.
Prices closed as follows at the last open board
Wells, Fargo Co.'s Express. so9l s0s@; American
Express, Al AK; Adams Express, 5SA q 59 United
States Express, 81 57N; Merchants Union Express,
15H 10; Quicksilver, 1914 1917; Canton SO 59st;
Pacific Mall, S9x S9x; Western Union Telegraph,
371 q 3S; New York Central, I8oH 16o4; Hudson
River, 1889 1s9; Chicago and Alton, 15oK 15o4;
Bankers and Brokers', 1l0; Toledo and Wabash, 81;
do. preferred, 76 a IS; Milwaukee and Sc. Paul. 70h
70H; do. preferred, 79H a 79x; Fort Wayne, 124 a
1875; Ohio and Mississippi 32I 32l4; Michigan Gen.
tral, 120 Michigan southern, 85X 90; Cleveland
and Pittsburg 80 89t<; Cleveland and Toledo 1861
a 106s; Rock Island, 1881 1891; Northwestern,
S3h S31s; do preferred, OK a 92l5; Boston Water
Power, Is l6; Mariposa, 1sH 10; do. preferred.
Ban a 34'l; Harlem, 134 o l3t1s; Lake Shore, 1854
108k.
Af.er the boards the market was lower but steady
at the decline. The following the bids for the
New York State notwithstanding stored bounty loan,
lO11s; do. do, 1873 1917; do. do 1874, 1Ola; do.
do, 1875, 101; do do. 1877, 10l5s; do. do 1878,
101H; ves. do, 1871 100; do do 1874 100; do. do,
1875, 100; do do, 1873, 100.
The following were the bids for the railway bonds