The New York herald., 1869-01-09

The range In prices at different times was a. fol-
lows
10 A. .1sss lP. M.........."..I1s4H
1l:2l A. M........ls4x $3.50 P. 1s4A
- 2M...............135 3P M........... .134T
After the board the price advanced and the quota
tion at half past four O'Clock was 1861 1851.
The market for government securities responded I
promptly to the greater supply Of money, and the
investment demand was large throughout. The fall
II tho rate Of interest diverted funds wsloh had been
loanine at call while holders of coupons were REIN
vesting The German bankers were freely purchas-
Ing stimulated doubtless by the advance OF bonds In
London to rs and in Frankfort to 1917. The issues
OF 1872 were tho favorite but business was well dis
tributed the list The currency bonds advanced
clean one per cent The closing street quotations
at nve O'Clock follows:-United States sixes
1881, registered, ll0H 11oxi DO do, coupon, 1llA
sll1X; do. nve-twenti6s, reGst6red 1os a1osk; do,
coupon 1882, 1925 1121; do do, 1854 1857 100;
do. DO, 1885, 1097s 109X; do. do, new, 1895, 1851
1881; do do, 1857 10Sz 10Ss; do do, 1858, 1851
109 do. tenforties registered 1887 104; do do,
coupon, I083S 1861. Currency bonds, 1907 1904.
e Southern bonds were more actively dealt In, as
consequence Of q revival in general speculation and
through feeling that the commercial reconstruction
OF the South is not far distant. Louisanas were
particularly sought for, owing to The impression that
profits Of last summers Southern crops. North
Csroltnas again dropped on the announcement that
no money had been received at the agency here with
which to pay the January interest The following
prices prevailed at the close-Tennessee, coupon,
67k 67jI; Tennessee, new, 81 o 67A; Virginia, ex
coupon. 55 SO; virginia. new 56sl 81; North Caro-
lima, ex coupon. e4,4 65; North Carolina, new 81
62A Georgia skies, 7sls 7sX; Georgia sevens, 90
00h; Missouri skies, 81 s71z; Louisiana, old, so
20; Louisiana evee skies, 641a 65; Louisiana levee
eights 10 "; Alabama nves, 81 90; Alabama
eights, s5 SO; South Carolina, ex coupon, 60 7o
South Carolina, new, "a o 65; Memphis city SKIES
AK so; Mobile and Ohio sterlings, 56 So; Mobile
and Ohio interests, as so.
) Free rem Was given to speculation In the stock
market. particularly after banking hours, when
money so easy. Business at the boards was
steady and prices strong for the most OF the list
But after three O'Clock the tide set in and carried up
the whole market. The "bulls'' In great gee
The "bearsn made little or no resistance. Those who
had been holding or for the past month came In at
last, overcoming their fears OF break," and vigor
ously joining in the general upward movement
Outside of the natural impetus to speculation
occasioned by the relaxation in money operators
are tempted TO Invest for a rise by the
rumors OF the intended application Of the New
York Central policy to the Western railways,
sentative OF the outlays expended in repairs and
improvements. The idea, whether new or not,
seems 10 be very popular, and is very valuable one
with the ciiques who running the street. New
York Central neglected. 1t dun between
157 and l5i3. Erie was more active and sold up to
t0k, but declined TO a95 despite the general buoy
ancy at the close The efforts Of the clique to gal
vanize tins stock painful to witness. rhe street
perceives the real object OF the contracts made in
senoed to DC made with Western roads. The deceit
would have been more successful had 1t not been
overdone The Erie Is an Impoverished. debt-laden
institution, which hardly hope to compete with
more direct lines Ia the effort to divide the trade OF
the lssissppi country. Its broad gauge, which
It still insists upon preserving. thereby isoiating
itself from the great continental network OF rail-
ways s a further disadvantage. 1t s trying to force
q broad gauge upon all the lines with which II Is to
connect through to St. Louis and Chicago and to the
Pacific Railway, although the track OF the latter en-
tsrprise has been fixed for narrow gauge all the way
between Omaha and Sacramento. Rock Island was
a "balloonr today, suddenly rising TO 123x The
.shortsn had sold on the strength OF report that
the directors about to issue more stock to pay
OF Indebtedness. They were badly twisted" In
consequence oy the clique. Pitts5nrg was weaker
on the announcement that the scrip dividend had
not been but was 10 be declared. All the way from
The quotations OF the last open board closed az
follows on the call:--wels, Fargo 4 Co.'S Express.
23ts %; Adams Express, ss4 bid; Merchants
Union Express, I3h q IA; Quicksilver u 22k; Can
ton. 51k a 81; Mariposa, 5a s; do preferred, isI
2os: Pacific Nail l2l l2iIs; Western Onion Tels-
graph, 33S sax; New YORK Centrai. l57 i57k
Erie, 4oh 40i4 do. preferred, 90 bid; Hudson River
1867 1856: heading, ass a s.h; Chicago and Alton
l4g l50 Bankers and Brokers', ic0: Alton and
Terre Haute 80 40 do. preferred, esA bd
wabash, GlI 81; do. preferred, 30; Milwaukee and
g. Paul, nv "; do. preferred. 81. ols,; Fort
Wayne, lie a ll0a; ohio and Mississippi s4& SAX;
Michigan Southern, eo1s eojs P.ttsburg, ssx a
ssX; Toledo, lo2 lo21; Rock Island. I22x l22;i;
Northwestern, e3s ss;.; do. preferred. se& se,s
Boston water Power l4ys bid Boston, Hartford
and Erie, Is 2sk.
The features late In the afternoon were To;edo and
Northwestern preferred The former sod up 10
Io4 and the latter touched 81. The closing quota.
tons ON the street at quarter 10 six O'Clock this
evening were as follows:-New York Central. lb7x a
157k; Michigan Southern. o1 SIX; Rock Island,
122h 122x; Reading, ga. ssls; Northwestern.
SAX sax; do. preferred sex a sG;s; Toledo, lsk
lo4h; Pttsburg ssh bid; st. Paul. TN '2,<;
do. preferred, elx o.; Ohio and Mississippi, SAX
34h; Pacific Mall, 121x bid.
Foreign exchange was nrm particularly on account
Of the drawing OF bills for the payment Of govern.
mcnt coupons held abroad, and remotely on account
Of the diminished supply OF cotton bills. Rates
were:-Primc bankers sterling bills on London, iop,s
a1osH; good bankers DO, looH alosh; prime com.
mcrcia sterling do, 100 1oo4; Paris lbankers'l,
6.15x 5.let4; Antwerp. 5.l5A a 5.lsN; Swiss,
5.15x 5.1eA; Amsterdam, al a 4ih Hamburg.
3ok soA; Frankfort, Al 4lk; Bremen, 10 7sk;
Prussian thalcrs, 7lxa72.
The receipts for customs and the receipts pay.
enta and balances At the Sub Treasury In this city