The New York herald., 1869-12-10

or President Grant who Is unfortunate IN having,
like Toodles. brother. ln-law-in fact, several OF
them The range OF the gold market to-day is shown
In the following record OF tho chef transactions-
10 A. M............ 1854 p. NJ. -,......... i23s
II A. M............ 123H 3P. M............. I23ss
12M............... II 1854 4P. M.............. l23a
l p. .M............. 1881 II. M..... l237S l231s
Ito ders Of gold paid from to per cent to have
their balances carried. In exceptional instances
the rate was '.hat" for borrowing. The European
steamer took $50, 900 In specie. The operations
Of the Gold Exchange Bank were as f0llows:-
Gold cleared $37. 14b,OoO
GOd DaanceS... ......................t.. i,ato9oo
Currency balances s....................... l,foioo
There was considerable animation ana great ac-
tivty III the various issues OF government bonds
not comprised IN the kind known Us ive-twenties,
on account OF sudden direction Of the foreign IN
vestment demand TO them, winch cd to heavy pur
chsses by the German bankers IN particular. Ot
this movement Is the result Of the iaitati0n
of measures for funding the dve-twenties as pro.
posed by Secretary Boutwell, and contemplated IN
the Dii OF senator Sumner. Some professional agur-
ing has been done TO sLOw that the new loan can DE
easily exchanged Tor the nve-twentles, and nence
the greater desirabty OF the issues not liable to
funding except In the remote future The Germans
are enthusiastic In their belief tnat the Frankfort
market viii readily take the new four and half psr
Genus Tor the reason that the public mind mas been
ofinteres while the rumored overtures OF tue oths-
childs to our government last summer and fall have
had the effect of making the German and Dutch
markets confident to the safety OF the Investment
However true these representations they mad the
remarkable effect OF advancing the SIS two per cent
ana the ten. fortes aad currency SKIES each
about one per cent. by symyathy the i've
gweDtes also advanced, but oliy lracllon
OF tnis percentage aud the whole market
closed strong tonight at the following street
prlces:-United States currency, skies, 1854
lO9; do. sXes 1881, registered ll4& 1l54;
do do, coupon, l2oia l2O1; do. nye-owen-
ties, registered May and November l13 q ii3A; do.
do 1882, coupon, do. 1l5l5 ll52; do., do, 1904
d0 do, 1A3}6 lISss; do, do 1895, do do. ll314
ia; do DO. registered. January and July, IllA.
l1a4; do, do, 1865 coupon, do. 1853 u lld: do,
do. 1877, do. do, 1l6E llo>4 do, do, 1868. do
do, 115M a 1i8; do, tenfort,es, registered los
1o9ls; do, do, coupon, 1ioS ll04
Foreign exchange was weaS and dull. Over the
counter the prime bankers asked 10Ss Tor sixty day
stering but large amounts were to be had at 10Sll
For signt bills they asked 1924.
The money market was easy at seven per cent
with numerous transactions at SIX per cent on
stocxs. The government dealers were accommo-
dated at nye TO Six per cent.
Commercial paper quiet. Prime acccptances
single names were current OF from ten to twenty
foar per cent, according to standing OF maker ana
time to run. There is nos mucn long paper III the
market.
In Southern securities there was sharp break IN
Tennessees and North Caronas at the early board,
but prices hrmer IN late street transac rions
The old Tennessees weak at the close. and de-
clned to 43A. The new bonds ct the lowest were
quoted Al. The new North Carollnas broke to 274.
and the old sold down to az. South Carollnas were
stronger on account OF legislative action TO compel
foreign insurance companies having agencies in the
State to depost state bonds for security with the
State authorities. The following were the
closing street prices for tne Southern Iist:-
Tennessee, ex coupon, 40 ao,4; do. new,
4o}s Al; do. dye per cent, 81 40;
Virginia ex coupon, Al As; do. new, So 81; do.
registered stock, A 45 do. registered 1896 81 81;
do. registered 1857 40 SO; Georgia skies, 50 So;
dos sevens 92 "a; do. sevens interest payable IN
Georgia, s5 81; North Carolina, ex coupon, Al ~;
do, new, 2Sh q 20; Missouri sixes, Goa 90h do
Hannibal and st. Joseph, 90 q OIL; Louisiana SKIES,
6s 69 levee skies SO 60: do levee eIghts, "a 75
Alabama eights 05 81; do. fves 90 q 6l; do. skies
sterling 80 s5 South Carolina skies. 60 II; DO,
new OF o 90; do, registered stock % q 6s; City OF
Memphis skies, Al As: do. Atlanta eights, IS 81;
do. Savannah sevens, SO 81: do New orleans con-
u
Mobile and ohio sterling, 65 q Go; do. eghts so 6l
Mississippi Central, first mortgage II 70; DO,
second mortgage, SO u 81: Memphis and Charles
ton first mortgage. so o SO; do. second mortgage,
70 n; do. stock 40 Q AZ; Greenville and Columbia
guaranteed, 90 g.
The stock market was irregular, but in the main
strong, the intermediate depressions being due to
evident realzatons on the part OF either the cques
or outsiders make good the profits OF the advance.
The greatest activity In st. Paul, Reading, North
western and Pacific Mail. The first sold as high as
"a. Reading to t00sS on the reiteration OF the
re eport that dividend viii be In cash and not
In scrip. Northwestern touched the highest point OF
yesterday but then slowly settled about three.quar-
ers per cent account OF the decrease in earnings
for the first week in December. Lake Shore
and Rock Island were heavy, but not especially
week. For the present they seem TO have been ne
elected for other fav0rites. Pacific Mail sold at SO.
In the final street operations there was thin and
duh market, but prices were strong at the quotations
which appended below 10 the list Of sales at the
board. The following were the closing prices Of
stocks at the last session OF the Stock Exchange
Canton, 40 bid; Cumberland 27; Western Union, SO
a 35h; Quicksilver, 18 a 16k; Mariposa, 7I as; do
preferred 10 a 1914; Pacific Mail, t2x 52ss; Boston
water Power, 12h bid; Adams Express, 90 soA;
Wells Fargo Express, 175s IS; American Express
3pss 40; United States Express, Siti g 50;
Merchants Union Express ojs bid: New York
Central consolidated, 9l1i siK; scrip, s3,S s4;
Harlem Isi u 1854; Erie, 2si 2d5s; Erie preferred,
45R bd Reading, 9o& 8o's; Michigan Central
1908, bid; Lake shore s6X s7 Illinois central, 136;
Cleveland and pi.ishurg, 81 od Chicago and North
western 52h a s2'S; do. preferred, s4li sts4;
Cleveland Columbus and Cincinnati. ~ bid; Rock
Island. IoT a 1878; Milwaukee and st. Paui, 7Sh
gss; do. preferred. SO a seh; Toledo aud Wabash.
IS; Fort wayne So a ssi4; Alton and Terre Iiaute,
qsh; Ohio and Mlssissippi, c5st 20; Denware and
Iackawanna, io6K 1917 New Jersey Central. 90
po,s Chicago aud Alton, 142s 14s,s; do preferred,
I42}s bid; Morris aud Essex, ssiz Ss2s; Hannibal
and St Joseph 1861 bid; do. preferred 1os; Coum-
has, Chicago and Indiana Central 2i's 22A.