The New York herald., 1869-03-16


resulted as ioows;- ~e--
Gross clearngs. $50 421 ,000
Cold balances ssss
currency balances. l,0lO,417
Prices in the government market were very ir-
regular. At the opening there was q strong un-
dertone to quotations, based upon the Improvement
IN London, which kept the market firm. especially
when the cable announced the figures at O'Clock
% have been s3T. From this point there was a
yielding particularly in the '62's which, after selling
freely at 100 declined to 1l9%. With the higher
fgune for gold to-day this left margin for ship
mcnts the appreciative influences now at work hav-
ing been discounted and therefore being productive
OF no further Improvement The high price OF 1925
caused Q continued diversion Of the speculative
and foreign investment demand to the 64's,
old 'e5s and '67's, which were nrmer,
comparatively than e2's ami closed quite
strong upon the receipt Of the that the Senate
had substituted and passed the House form Of the
Public Credit bill, which, therefore needs but the
Presidents signature to become law. Should it
receive this final endorsement it would place oil our
bombs more even footing In the foreign markets.
The following were the closing street quotations
at i've O'Clock this evening:-United States
skies, 1881, registered 1l6k max; do, coupon,
1l6S q 116X; do, 5-20's. registered, Hay bid
do. coupon, 1852, 1191 1l91; do, 1854 lis
l1sk; do, 1886, li7K ll7a; do, new, 1855, llsx
llax; do, 1851, 11sx 1lsk; do, 1885, ll3k llsx
do. 104o's registered, 1861 bid; do coupon, 1857
l05x; currency bonds, lo2k 1927.
The presence Of but few commercial bills In the
market and the fact that bond bills have been alb
sorbed, while the price for hve-twenties on both
sfdes Of the Atlantic nearly equal to preclude
ahipments combined TO make foreign exchange
nrmer. Rates closed q Notwithstanding, sixty
days, commercial, los los1s; good to prime bank
srs'. 1osx 100; short sight. 1ooh l0eh; Paris.
stxty days, 5.221s 6.l7k; short sight, hl6k Sis:
antwerp, 5.22k 5.lTk; Switzerland, 622k t.l7h;
Hamburg, 35x . s5H; Amsterdam, 4oH 4oH;
Frankfort, 4ok 4o11; Bremen, Is q 7sx; Prussian
thalers, 70A a71X.
The money market was variouslv reported in dif-
terent quarters; but the rate call maintained
ct per cent. Some borrowers stated that they
had diniculty In getting funds at that figure, while
certain lenders, the other hand, asserted there
was no demand at the legal rate, and that they let
balances 60 over rather than abate the figure.
The following were the bids for city bank stocks
% day:-New YORK; $50; Manhattan 140; Mer-
chants, 1913; Union, 1877; America, l45; Mechanics
and Traders', l25; National, liz; Merchants Ex-
change lls; Seventh Ward, 1I2k; Commerce, l22;
Mechanics Bank ng Association, 100; American Ex-
change, lis; Bank Of the Republic III; Bank
Of Nor.h America, ITO; Hanover, 100; Irving. ITO:
Metropolitan, ls: Market, lis; shoe and Leather,
lsl; Continental. 90; St. Nicholas, lis; Common
wealth. liz; Importers and Traders 13o Park,
l57 Fourth National, l01h Il; Ninth National, 109as;
Gold Exchange, 13S.
The stock market was Irregular, but strong for the
majority OF the general list New York Central was
Tie feature OF business and was quite unsettled
under larger transactions than usual II nuctuated
between l5o,z and 1903. Pacific Mail was weak and
unsteady. Erie was declined. Hudson river was
buoyant and strong. The 81. Paul stocks were
ferred at so, but fell on toward the close. Fort
Wayne was strong and higher In consequence OF
purchases against the election next "Wednesday.
The market Is unusually devoid Of the rumors and
gossip which 80 largely constitute the warp ana
woof of speculative material.
The following were the closing prices at the last
open board:-Cumperland % bid; Wells Fargo h
Co.'s Express 81 bid; American Express, Al bid;
Adams Express, 90 q 81; Merchants Union Express
1s q II; Quicksilver, % q "a; Pacific Mall ss ssx
Western Union Telegraph, IS 49,; New York
Central lsex q 15ex: Hudson River 14ok 14l;
Reading, sl. 0lal; Chicago and Alton, 1917
153; do. preferred, l52 a 15S; Toledo aud Wabash,
GA os; Milwaukee and st. Paul. essl CO; do.
preferred, 7h 19x; Fort Wayne, 10 l2oss; Ohio
and Mississippi, s2x q a2K; Michigan Central,
lis 40; Michigan Southern, 97s s7a4 Illinois
Central 14l; Cleveland and Pittsburn, ssk q ssS:
Cleveland AMI Toledo, 1861 l0e; Rock Island. 12sl
l2sH; Northwestern. s2Is s25s; 40. preferred sl
. 01%; Mariposa 15k i5ES; do. preferred, 80
s3K; Harlem, l331s 1877; Lake Shore 1861 l065S.
Mr.. John A. lseIin, well known member or the
Stock Exchange died suddenly at his desk In his
ofce this afternoon. Out OF respect TO his memory
she second board adjourned witnoat transactng any
business.
Southern securities were unusually dull, with
pressure to sell North Carolinas. Tennessees were
not up Ia hp haat nsrur .f
middle OF last week, the discussion pending In the
Cuted States Supreme Court with regard
10 compelling the State TO receive the notes
OF he Bank OF Tennessee for taxes being
depressing In its influence. Prices closed:--
Tennssees. ex coupon, az 61s<; do, new. 65Jz
6s58; 10. ve per cent 5s q 81; virgnias, coupon,
S7% as7k; do, new, 81 q 90; do, registered stock.
Goa 5o{; do, registered, 1885, "a IS; do.. regis.
tered, lSI, 5its SO; Georgia skies, 81 Q So; do.
sevens, '2x %; do. sevens, interest payable In
Georgia, IS 90; North Carolina, ex coupon, % q
ss14; DO, new, 5sk 50; Missouri SKIES ssh ssh;
do, Hannibal and St. Joseph. ssk Louisiana skies,
7lk; do eyse SKIES. 90 q eox; do. do. eights, s5
"; Alabama ,eights, s7K q os; do. nves, o. q es;
do. skies, Stirring. % %; South Carolina skies,
"a 72 ~, new, 90 20; do, registered
stock, o. c City Of Memphis SKIES, SIX o 81;
DO. Atlanta eifats, 20 . 30; do. Savannah sevens,
% ae3; do New Orleans consols rs a so; do do. s-
sued 70 railroads.&c. TO- Mobile and Ohio sterling
es a7o; do. e'ghtst7 70; Mississippi Central Rail.
road, first mortgaae, 90 II; do. second mortgage,
-ss 81; Memphis Nnd Charleston, nrst mortgage,
90 on; DO. second mortgage, 70 II; do stock, ~
a ~; Greenvllle and Columbia Railroad, guaranteed.
o. eo.
The CommissionersM the Sinking Fund OF the
State OF Ohio ask for authority 40 re-estabsh the
ySsw York agency permanently. nlsmuch as the
State has stipulated spo face Of large amounts
OF her bonds stiIi outstanding, NOT only that they
shall be paid, both principal and interest at the
agency OF the State In tho city Of New York, but
xhat they shah be transerabh as such aga1cy. They
submit therefore, that the fai Of the state stands
pledged that she shan MAINTAIN an agency In New
York at all times end not merAy for two weeks
oncc IN nix month"; and fhat her bonds sl,ali 30
transferable there. 80 ~ VI
The Unioa Psci6c Railway Din nov before Con-