The New York herald., 1869-05-22

ferng at the latter price there were very few bids at
the former 1t would be quoting the price more accu
rately to state 1t at 14lA 141. Cash gold was in
good supply at 1-32 and and per cent for carry
ing. Exceptions were recorded at three per cent
and nat The business Of the Gold Exchange Bank
resulted as follOws:-
Gold cleared. .$136, 900
Currency balances. es..................... 3,ll2 4S0
The disbursements OF coin interest to-day were
$37aOO2
The money market was more active and less was
doing at six per cent Interested parties are en-
deavoring to create uneasiness by paradng the
effect OF the increased sales of gold in Withdrawing
money from circulation. Even II the government
were less In need Of funds, the balance In
the Treasury being thirteen millions, the payment
Tor the gold may be made in "lawful money" which
Will prevent any encroachment upon the bank
reserves. However, there can he no doubt that Sec
retary Boutwell, will buy bonds In the same proper
ton as he sells gold. The buying Of the one is the
logical sequence OF the other. lie need not fear
that his increasing the amount Will enhance their
price, to the disadvantage Of the government; for
bonds at their present price are inflated with the
advance In gold and will grow cheaper gold
declines under his sales Of government treasure
Commercial paper was steady at seven to eight per
cent, with some sales at nine. More scrutiny OF
names was reported. The suspension Of commits
sion house on Thursday induced more caution, es-
peclaly private settlements OF other bankruptcies
were rumored
Foreign exchange was weak and lower in the
presence Of a large contribution OF bills drawn
against exported bonds. Cable transfers were
made to-day at 110H. The nominal rate for
prime bankers sixty days sterling was 1091s,
but large amounts could be bought an eighth
per cent lower. The range Of quotations was
oa aiytv dava ,arcial
q 100; good to prime bankers 1osx lO9h
short sight. Ito 11o7I; Paris. sixty days, 5.22h
q 6.18k; short sight, 616 6.13X; Antwerp.
622K 5.lojz; Switzerland, 6.22k 616l4; Ham,
burg, s5H 35x; Amsterdam, s0H 40x; Frank
fort 20 Q 40x; Bremen, Tx Q 7sx; Prussian
thaiers. 7ok o 71K.
Governments were inclined to droop In conse-
quence OF the decline in gold, and fell Off u to u per
cent The London quotation. 7s,s, at noon tended
TO steady the market, but there was more hesita-
tion when the London price finally came 7sX. The
foreign bankers have purchased very large amounts
within the last two days. and will ship several mil
lions by Saturdays steamer. The yielding IN gold
and the decided policy OF Secretary Boutwell,
are regarded as certain to benencially influence
the foreign market. The following were the
closing street prices:-United States skies, 1884,
registered, 122x 122h; do, coupon, 122h
122x; do. ive-twenties registered, 1l6H III; do.
do. coupon. 1862 1921 q l231s; do. do, coupon
1854, 1l6X q lit; do do, coupon, 1866, 1i9
119k; do. do, coupon, 1885, new, 11sx 120; DO.
do, coupon, 1867, 119Z 100; do. do, coupon,
1865, 1I9x 100; do. ten-fortes, registered 1854
a 100; do do, coupon. 1ooa< Ito; currency
bonds, 101K q 107Z.
the stock market opened with great animation,
especially in the Vanderbilt stocks New York Gen.
tral advancing to 1921, Hudson river to 164 and
Harlem to 1917. AS IA great many politicians, men,
oers OF the Legislature and lobbyists were visible
about the street 1t Is conjectured that the "Abany
orders" to sell were the cause OF sharp dec line
which ensued on the attempt to realize profits Erie
was unfavorably affected by the signing Of the
Directors bill, declining to 2sx, but subsequently
recovering TO 2oK. In this general decline St. Paul
fell on to TO- Ohio and Mississippi to IS, Northwest
ern to sI and Pacific Mail to 81. The latter was
weak under heavy sales ana reports Of decreased
receipts since the opening OF the Pacific Railway.
In tho recovery OF the market late in the
afternoon IL was one OF the most bouy-
ant on the list selling back to 92h.
Prices after the boards were ntful and irregular,
but steady toward the close OF business In the Long
Room. The following were the closing quotations
ON can ct the last session OF the board:-Canon, o2K
so3K Boston Water Power, IL q IS; Cumberland, 10
a 81; wels-Fargo Express, "a 341s; Adams, 6ok
olk; American, 20 4ok; United states, 90 . 81;
Merchants Union, Is q lss; Quicksilver 1s1s 2oa;
Pacific Mail, % 93x; western Union Telegraph.
Isx q 4sx; New York Central, 1sik 1917; Mari.
posa % bid; do. preferred 40 49j1; Hudson River
16lx 161H; Harlem, $50 1907; do preferred, 100;
Reading, e1H s7x; Alton and Terre Haute, aek q
Iox; do. preferred, 70; Toledo and Wabash. 70 q
7ex; DO. preferred, s2 Milwaukee and St. Paul, 7o1s
q ~; do preferred, seS SOS; Chicago and Alton,
.iss 15sk; Ohio and Mississippi 3eh a6I; Fort
wayne. ib4 Q 1S4h; Michigan Central 100; Michi'
gan Southern, 1oeh q 1905; Illinois Central. 14o
l47x; Cleveland and Pittsburg. ssss %; Lake
Shore, 1oek 1o6x Rock Island, 1261s bid; North
western, 91x q o1E; do preferred, 1o4 1o4k;
Delaware and Lackawanna, III 7le; New Jersey
Central, 117x; Hannibal ana st. Joseph, 1l61s bid;
do. preferred, 11ek III; Columbus Chicago and In
diana Central, 42h -.
Tne following were the closing prices for the
leading Southern bonds:-Tennessees, ex coupon.
esK q esK; do., new, e6k 90; virginas, ex
coupon, SIX o bs; do, new, 81 90; Georgia SKIES
o. Q 90; do sevens, 90 97; North Carolinas. ex
coupon, 80 o 6ek; do, new. 54ts IS; Missouri
sixes, 80 Q ssx; Louisiana skies, 73k IA; do,
ieves do, esx O 60; do. levee eishts, So o 80
Alabama eights, 100 101; do. nves, 67 aos.
the receipts for customs and the receipts, pay
ments and balances at the Sub-Treasury In this city
for the expired portion Of the week have been %
folows:-
Recefpfs. Receipts. PuvD,ents. balances.
MAY H.. 430S 71b Obq a76Q Qha 3d. AS