The New York herald., 1869-01-10

Cash gold was in abundant supply and loans were
made at four to seven per cent for carrying. The
gross ceartngs were $50, ,S35 000 the gold balances
$s,A9,346 and the currency balances $4 oo4,po5.
The steamer FOR Europe took out $4,000 in specie.
The abundance Of money stimulated investment
in government bonds, and very heavy business
was done at the counters OF oil the dealers. round
estimate OF the amount sold to-day Is about
$5000,000. The purchasers represented all classes
banks, private buyers and small brokers. Prices
were active and firm at the advance at the board,
only two sessions OF which took place, as usual
on Saturday. Business was prolonged with
great briskness on the street, where
throng kept the sidewalk until a late
hour. At five O'Clock the quotations were
follows limited States sixes. 1884, regis
tered, l10a q Ill; do. do, coupon, 112S
1l2k; do. vetwentes, registered, 1855 1os5S; do,
coupon, 1862 1l2,s ll3; do. do 1854 los'l 1osis
do. do, 1906 1ooa4 ITO; do. do, new. 1885, 1oss
iOs; do do, 1907 lo3 1885, do. do, 1865 los5s
1909; do. tenfortes, registered, 1os7s 1o4 do. do,
coupon, 1908 a i07. Currency bonds, 1907 lol.
The Southern state bonds formed feature in Wall
street to-day. Generally there are wide gaps In the
quotations. bat the whole isr was visited, as will
appear in The prices given below. The expected ad
vent OF prosperous times in the South accounts Tor
the sudden inquiry for this class OF securities. As
on the previous day, Louislanas were the favorire
and were extensively dealt in. Prices at four O'Clock
were follows:-Tennessees, e. coupon, es,l a
ss1s; do. new, GS 6sH; yirgnias. ex coupon, 544
a55is; do. new, 564 q 57il; Georgia skies, 7sis
70; do. scyens, 90 9olS; North Carollnas. ex
pom, e4il Gi,1; do new, 62 62,s: Missouri skies,
SIX 8S; Louisiana skies, ex coupon, 10 II; do,
levee skies, 66l 81; do, eghts, 75 sG; Alabama
eghts, 81 SO; do. fves, 81 c.; South Carolina
skies, Old. 90 IL: do, new, 65 90; City
Memphis sixes SO 81. Market rampant.
The bids for the New York State securities at the
Regular board were rs follows:-New York registered
bounty iosn lo7a; do. coupon do l07: do. sevens,
canal loan, 1870, l0l; do. skies do. 1sT2 I02; do,
1s,3 lo2; do, 1874. 102 do, 1875 102; do, 1877,
io2 DO, 1878, 1o2; do. 1885, s9 do, 1871, 93,s; do
1874 90; do, 1875. 90.
The stock market was the scene OF excited spccu
ton and prices went to the highes: they have at
taIned since the famous market OF last fall Business
had its ood and ebb, but prices at the close were
higher than Mt the opening excepting for those OF
the list which were weak for reasons not connected
with the state Of the money market. Prices
rose steadily until the interval between the
sessions OF the regular and the second open board
Then q reaction set in. When the bank state
ment was made known there was another period OF
great buoyancy In which Toledo orosc to 1854 105 s
Northwestern common to 81 q s45s; Northwestern
preferred to SIX ss; Reading to o4zs o5; Rock
Island to l25; Fort Wayne to 11asl 100; Pacific
Mail to 123x 124 and Michigan Southern to o1is a
PIX. The sales to realize and the ''hammering' OF
the 'bears" this juncture weakened prices except
for Rock Island which sustained itself Of 126 l20,
account OF the profound beliefin scrip dividend.
one OF the exceptions to the buoyancy OF
the general list was Pitsburg which, opening at 81,
gradually became weaker, because "that dividend,
was not forthcoming. and finally dropped to So on
that an injunction had been placed on the de-
rIa n NM Ernr mi lovag Arm
II subsequently recovered from 10 3 per cent. The
street were badly caught in this stock. A 1t is
manipulated by the Erie clique the VIC
tins know whittier to attribute their losses.
The other exceptions were Erie and New
York Central, which were comparatively neglected,
the street knowing where the OF stock IL lying
and fearing to speculate In them. Erie was steady
In the fractions between 10 and 40 New York Cen
sra touched 1861, but was generally quoted between
f5. ani ijsgk. Prices closed 1T the open board
ss follows:-Qucksilver a. q 20; Canton. 52l. q
5et.; Marposa, ,bid; do. preferred. 2ois 2o%;
Pacific Mail, 1921 q 1928; Western Union Tce.
graph ask. 33a; New York Gen.
ina, i57i, 157Z; Erie, 3s9s ssl.;
do. preferred, 65; Hudson River, 130 lss; Harlem
12ih hid; heading, 9l3s Chicago aud Alton, 147 bid;
do, preferred, 14a bid; Alton and Terre Hautc,
% a.; do. preferred. o4jl aCik; Wabash, GA
a0lss; do. preferred, ~ bid: Milwaukee and St.
Paul. ~. TAX; do, preferred 9iA ~; Fort
wayuc, iio iioS; Ohio and Mississippi, 335i a
~; Micaisaa southern, eox . so5x Illinois Cen.
trail isS 10; Pittsburg, sos se,; Toledo 1887
q ioly1 ilock Island, i2a q l2s,G; Northwestern.
s3as s3;. do, preferred, s7s s7s. The express
stocks were more active.
There were no late sessions OF the boards. but
business was continued with unusual animation In
the Long Room until four O'Clock, prices attaining
their highest lust previous TO Its adjournment. In
the subsequent street transactions the bears began
10 manifest themselves, while timid holders were
y smpted 30 realize Pacific Mail weakened one per
cent fron these causes. The closing street prices
at ave O'Clock this evening wese 40 fgllows;-Rock