The New York herald., 1869-07-29

OF gold requisite to go abroad. The disbursements
Of coin interest to day were $1s3 249 The range OF
the market is shown In the tablet
l0A. NJ .:.......... 1854 2P. M............. 1861
IL A. M............ 1867 $3.50 p. M. ......... 1875
1l:s0 A. M........ 1863 8:45 p M. ......... 1864
AZ Nm.........".... 1904 o:3O +. M. -. 1904 1904
r. m'............. 1905
Cash gold was In moderate demand aud the rate
for carrying ranged from seven to five per cent,
with the bulk Of the transactions at six. In the
afternoon an exceptional transaction was recorded
at "nat' for borrowing. The following is the report
OF the Gold Exchange Bank
Gold cleared. sos, Cos, 600
Eou Daiances. 2l23 VIZ
currency balances. s..................... 2p24, 633
The government bought three millions of bonds
to-day, IN accordance with tho programme Of pur-
chases outside OF those for the SINKING fund. The
amount offered at the Sub-Treasury was about
sevon millions. The accepted proposals were In
lots and at the prices following:-S36O 900, 1862
regular, 12o11 $255,ooo, 1864, regular, 12o11
e12S.oOo 1864, coupon, 12o11 s72oOo 1866 regular,
12o11 $4,000. 1865 regular. 12o11; 5000 ooo 1867,
regular 12o.l1; $5OO,oOo 1868, coupon, 12o.11;
$l22oooo. 1885 new. coupon 1923; $4,000, 1892
regular 12o11 $lO00 1902 regular, 1901 $25 00O
1864, regular, 120.15; $4,000, 1854 coupon,
12o.I5. The effect OF these purchases was TO
strengthen the market, which was barely steady
with the decline In gold. The foreign quotation
came stronger, the sixty-two's advancing from
627s to S2%. While the real scarcity of the FIVE
twenties in the home market enables operators for
rise TO sustain the market the current OF speculation
has been largely directed 10 the ten-1orties, the
coupon issues Of which sold to-day at the remark.
able figure OF 1l2K. The demand for the currency
skies hestated In consequence OF the weaker feeling
In gold Tomorrow the government Will buy
million OF 1ve-twenties for the sinking Iund. The
following were the closing street prices this even
ing-United states skies, 1881, registered, 121&
122; do. do, coupon, 121A 122S; do. fvetwenties,
registered, 1213 do. do, coupon, 1852 123X 124H;
DO. do. coupon, 1854, 122H 122H; do. do, coupon,
1896, 1929 1226; do. d0 coupon, new, 1885, 1907
121K; do. do, coupon, 1867, 121 12l1<; do do,
coupon, 1858. 1909 1211S; do. ten-forties, regis
tered. 111X 1121s; do. do, coupon, 112 1924;
currency bonds 1883 1887.
The market for Southern bonds was steady and
dull with little doing outside Of the Tennessees and
North Carolinas. The "bearn movement in both OF
them seemed to touch bottom this afternoon, for
prices became more buoy ant toward the close OF bus
ness In the Long Room. South Carolinas were heavy
but the bonds on the market too few to attempt
"bear" attack. A short interest In these securi
ties would lead to very dangerous 'corner" should
the 'bulls'' wish to make one. A telegram from
Richmond says that the State Treasurer Of Virginia
will commence the payment Of Que per cent on the
January interest Of the State registered bonds on
August 49, and that as soon thereafter as
possible the payment Of the coupons will
be made. The following were the closing
street prices Of the Southern list:-Tenncssec,
ex coupon, 90 a 63H; do, new, 81 q SIX; yir-
ginia, ex coupon, IS SO; do, new, 61X O G2;
Georgia skies, 81 S5a; do, sevens, 81 92;
North Carolina, ex coupon 81 SO; do, new,
60H 61 Missouri sixes SIX q SO; Louisiana
sixes 90 691S; do, levee skies, 641s 65; do.
eigts, "a So; Alabama eights, 90 o.; South Caro-.
lima skies, GO 81; do, new, ca 65; City OF Memphis
skies, 40 a 80.
The demand for railway bonds and mortgages has
been steadily on the increase, and shows the accu-
mutation Of capital at this centre during the sum.
mer months The funds thus seeking investment
are naturally directed to what have always been
popular securities, and hence the spirited bid
ding which is daily witnessed on the call at the
Stock Exchange. The following were the bids this
morning:-New York Central skies, 1885, 90; do.
sixes 1887, 90; do. sevens, 1879. 100; do. sevcns
convertible 1876 100; do. sevens, 1S65-7e, 1907 Erie
sevens, second endorsed, 1879, o41s; do. sevens,
third do, 1885, sss do sevens fourth do 1880. SO;
do. sevens, fifth do, 1888, IS; Buffalo, New
York and Erie first mortgage, 1877, s3; Hud-
son River sevcns, first mortgage. 1ss9-7O, 1ol;
Harlem first mortgage, lO1; Michigan Gen.
tra, new, first mortgage, eights, 1882 131;
Michigan Southern seven per cent second mortgage,
e3 Michigan Southern and Northern Indiana sinking
fund, seven per cent. ssh; Pacific Railroad sevens,
guaranteed by Missouri, cox; Illinois Central seven
per cent 1870, 1905 Alton and Terre Haute rst mort
gage, o28; do second do, preferred, 81 do. second
do. income. rs; Chicago and Northwestern sinking
fund, o5; do. first mortgage, 93 consolidated seven
per cent convertible, 95x; Hannibal and st. Joseph
land grants 107; Delaware, Lackawanna and western
first mortgage, 9s; Toledo and Wabash second mort
gage, s21z; do. equipment bonds, 70; Toledo Wabash
and Western consolidated convertible sinking fund,
s3 Great western first mortgage 1885, 81; DO second
do, 1Se3 7sh Illinois and Southern Iowa first mort
gage 70; Galena ana Chicago extended, 91 do. SEQ.
Ond mortgage, 90; Chicago and Rock Island first
mortgage. 97sS; chicago, Rock Island and Pacific,
"a; Morris and Essex first mortgage os,l Cleveland
and Toledo sinking fund, 90; New Jersey Central
hrss mortgage, 1907 do. second do. 100; Pittsburg.
Fort Wayne ana Chicago first mortgage, 100; do.
third do, 04k Cleveland and Pittsburg consolidated
sinking fund, ss do fourth mortgage, "a; Ohio and
Mississippi first mortgage, 921s; Dubuque and Sioux
City first mortgage o.; Peninsula Railroad
bonds, SIX; Milwaukee and st Paul first mortgage
eights 1O5; do. sevenhrties, 94 Milwaukee and St.
Paul nrst mortgage, ook; do. second mortgage IS;
Marietta and Cincinnati 6rst mortgage o0 Columbus,
Cncago and Indiana first mortgage sas< do. second
do, 80; New York ana New Haven skies, e0,k; To.
ledo, Peoria and warsaw Eastern division, sak do,
Western division, 83K.
the stock market was greatly excited over q sharp
decline In the Vanderbilt shares, which was followed
by the usual violent reactions and fluctuations. The
Long Room was unusually devoid Of gossip ana the
movement was simply the result Of deliberate
speculative operation. New York Central, which
opened In the vicinity Of 2le, and sold as high
o. 2l7, was suddenly sold down to 2o9k "between
the call" ~ the urst session Of the board. Only