The New York herald., 1869-12-09
% the awards at the Treasury

l NSSbh SAohauBc was uull AFTER the steamer.
'uci'ieo 70 steadineSs at The rates OF the recent
oecihe. Ihe range OF the leading quotations was
as follows;-Sserling, sixty days commercial 1O7s1
lss; bankers, 1885 1885; do, short signt. 1o1
aloeSs; Paris, sixty days 5.23a1 51s4 do., short
sight, 5,l71s 516l.
The stock market was still under che influence OF
the bull movement which was inltiated towards the
close OF last week and has been since confirmed by
the character OF Secretary Boutwe's report oppos-
ing the legislation OF specie payments. The advance
was quite remarkable IN st. Paul. Reading, the Van
derpilt securities and Pacific Mail. VITA reference
to st. Paul, although the meeting OF tue directors
does not occur until next month, the dividend on
the preferred Is reported to have been fixed at
seven per cent cash and three per cent new CON-
mon stock and on the common at four per cent
cash and SIX per cent scrip. he books of Northwest
closed this afternoon and quotations tonighe are ex
dividend. The common sold as high as 73, equal to
about 76z. with the dividend, which, though four
per cent seemed 10 be rated as worth only three
seveneighths per cent in consequence OF its carry
ing the liability 10 government tax. In the mlscella-
neous railways Chicago and Alton was weak, owing
to the aclon OF the directors Ia proposing the issue
OF fifty per cent new stock, onehalf to be paid for
at par by the stockholders accepting the dividend.
or course the action OF the directors requires the
sanction OF vote OF the stockholders. who gene
rally eDpected the simple issue OF 100 per cent new
stock, the equivalent process of doubling the capital
Of the road. In the more active railways Rock
Island and Lake Shore were heavy and failed 10
keep up with their Western rivals St. Paul
and Northwest. Reading sold as high as s32i. The
express stocks were again buoyah with the progress
OF cold weather, which, by closing navigation stim-
ulates the business OF the railway express lines
Adams rose to 60A and American to 40. In the
IN the day. Pacific Mail was active and touched
52a, but also fell or towards the close of business
In fact there was general disposition realize at
the advance of the day, and In transactions subse-
quent to the last board the whole market declined
u half to three-guarters per cent. The Governing
Committee Of the Stock Exchange met this after
noon to discuss proposition to buy adjoining
buildings or else to erect new Stock Ex-
change to accommodate its increased numbers.
The following were the closing prices OF stocks at
the Stock Exchange-C so bd Cumberland
264 27; Western Union, 35 q 35h; Quicksilver
17I IS; Mariposa, 8; do. preferred, 15s4; Pacific
Mail, SO 521S; Boston Water Power Is; Adams
Express, 60 bid; Wells-Fargo Express. 171s a Is;
American Express, 3s5s 40; United States Express
81; Merchants Union Express on bid; New York
Central consolidated, 9ls4 90; do. scrip, s3ia Sd;
Harlem, 1885, Erie, 26ai q 81; do. preferred. Al bid;
Reading. 9ai4 997s; Michigan Central, 12oH bid;
Lake Shore. s7S SIX; Illinois Central la4 1876;
Cleveland and Pittsburg, s2ss bid; Chicago and
Northwestern, 769s 76h; do preferred, 901s 9ol;
Cleveland Columbus and Cincinnati, 734 70;
Rock Island, 1914 1918; Milwaukee ana st. Paul,
1874 73k; do. preferred, s61 se5s; Toledo ana
wabash, 81 a 67sl; do preferred, u; Fort Wayne.
s7A IS; Alton and Teire Haute 27is; do preferred,
81; ONO and Mississippi 25ss 25al; Delaware and
LacKawanna, 1O6 a 1os1s; New Jersey Central seal
90; Chicago and Alton. IA; do preferred; 143al
145 Morris and Essex, ss Hannibal and st. Joseph,
los 1osl4 do. preferred, 1osh; Dubuque and Sioux
CITY, ITO l12; Columbus, Chicago and Indiana Gen.
tral, % 22X. The range OF the stock market dur
ing the day is shown IN the following table OF the
h,uhoat and loyveat nrfcas.--