The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-01-23


~ A. M...........t 1908 4. h............. l5oss
!l;So A. Me-. 80. !S54 +. M........... 1851
~ M.....,... 1000
Money was caster than 1t has been any day since
the quarterly bank statement stringency. A great
deal II half the business OF tho street was done
at six per cent where the borrowers were OF excel
lent standing and their collaerals prime securities
Commercial paper was steady. There Is less Offer
Ing while the inquiry was Shade more active. For
prime sixty days. acceptances discounts range from
seven to eight per cent and FOR four months paper
nofn nine to ten per cent.
The inactivity OF the government market remains
undisturhed Business Is confined in great degree
to the bosSs, the street and counter demand being
very light. The institutions which have been the
purchases at this season show disposition to IN
vest In Stc.e bonds, while the speculative interest
has been lrgely diverted to the stock market. The
ptices at Inc opening were shade "oG'' from those
prevailing ut the close OF the evening previous
There recovery Of this loss at the last board
but on TIE street. prices fell OIL again. The quotations
with fira market, were as follows at i've O'Clock
this eveuia United States sxes 1884, registered
111l nix; do, coupon, 1124 q 1925;
hvc-tweni.s, registered, 1859. 100; do.
coupon 1882, 1885, 1856 Co., 1854, loo's a
1907; do, 1885, 1905 a llo'i; do, new
1857 -: i; do, 1857, 1885 io3s!; do 1868. 100
4 1oois: ,cn-forties registered 1919 l05; do,
Tile Sop ern State securities were less animated,
ana there 4, an evident lun in The investment de-
rnand WI "A seized upon thoia 50 actively q few
weeks sla.9. There Is no concession in prices how
ever. TOE MARKET while dull, Is FIRM. Tennessees
and Eorii Carolinas lost their prominence ana
business day well distributed. The final quo
tations wrre:-Tennessee skies, cx coupon Gs o
cs14; Tcnuessee new o71l 67,l; Virginia skies,
coupon, s3; 5ss1; Virginia, new, 90 es,a; North
Carolina les, OK coupon, Ga q C.I; North Carolina,
new, Gli4 . 6lla Georgia SKIES s2;s 81; Georgia
sevcns, o., a 90; Missouri skies, S7it S7ts: LOuis
ana skies, "a 1917; Louisiana levee sixes 721s a
rs; Lou. lana levee cights, sol4 90; Alabama
cghts o. oI,4; Alabama nves. 90 d 67 South Caro-
lima Sizes y a "A; South Carolina, new Il y;
City Of III fphis 53ts 81; Mobile and OHIO Railroad
sterling, g. 65; Mobile and OHIO interest, 81 81.
Bustn-s, IN the general stock market was animated
IN the morn'ng, owing to sudden change Of front
By pro,r ncat '.bear" clique who found themselves
unable TO stem tho tide and so turned around and
noated with It, Their ''pecuarty' Is Michigan
Southern, Which they purchased freely, sending the
price up 1, o5sS. The Northwestern clique also ex-
hibitcd 81 gus OF Generalization FOR the price OF the
stock sud ienly went up one per ceat, which looked
os though had eluded their depressing influence
was being purchased for their II they are
on tho "bu side they very carefully covered their
tracks t0.s. The "bulls'' were eate the pros
pect. The upward tendency OF the market Is stimu-
lated by tho propositions In Congress TO prevent
O repetition Of the spasms In the money market pr
duccd by The bank statement and BY the docking
up OF grceabacks." Rock Island continued rs
csccnt, touching 1872. The st. Paul stocks weakened
about er cent in the preferred and four per cent
In the common on the announcement OF the terms OF
the dvifcai-seyen per cent cash, and ten per cent
common stock on the former and fourteen per cent
common stock on the latter. The common sold
down to II, hut rallied ut the close to ~ bid These
were the ,ecptions to tho general buoyancy Of the
market Toledo was moved AMI touched i05. AT
the close ado and Mississippi was ''visitedr and
sent W 70 -3'l. New YORK Central was quiet be.
tween les and 1Giss. At the afternoon board hold
ers were clined to realize and prices were .oa'i
from tic highest OF the day except for one
or two lnamcntary favorites. Tie closing quo
tasioas q tho last open board were as
follows:-9amberland 30! bid Wells, Fargo & Co.'s
Express, sl's 2oh American Express, 3s bid
Adams Express, co COZ; United States Express
60 IS; Aserchants' Union kNprcss 15ga n 1871;
Quicksllyeg. 90 25h; Canton 6ss. 90: Mariposa
~. .; da preferred, "a 25it: Pacific hail, Il7a
G lis; We. Union Telegraph, SEA a aGa; New
YORK Ccultll 1885, a i63k; Lie, 3sSs $50; Hud
son River i30l 1886; Harlem lG2 1856; Read
Ing. s5ii so; Chicago and Alton preferred, l47
I49; Alton and Tcrre Haute, 80 a a.; Wabash, Oh.
81; DO preferred, "a DID; Milwaukee ana 81 PAU,
7oj. I'll; H. preferred, % a u.s.; Fort Wayne, l23
1888; C.o and Mississippi, % liS; Michigan
Southern o5'l o5,s; rittsburg, o. o2is; Toledo,
1oi7. lS6: Rock Island, 1871. 1876 Northwest
ern, siys y 81; do preferred, So. s5'i; Boston
Water rovof, lax 14ti.
Tie c,oslng prices on the street AT hafpast Ave
O'Clock were "a follows:-New York Central. is3ss q
1897; Michigan Southern, oi5s o5: Rock Island
,elS a %; l.aadlng, o56 q 95I; Northwestern com.
mon. So Ssi4: Northwestern preferred, sG's 81;
Toledo. 1914 a 1o4X; Pittsburg. elas a oi7a; St.
Paul common, 72S 72I; ST. raul preferred, e3,l;
Ohio and Mississippi, 34al 49,; Pacific MAIL il7ss
I17y..
Foreign exchange was nrncr on account OF very
limited supply Of cotton bills Rates closcl:-Stcr-
Ting, sixty days, commercial, 1851 lOo,s bankers,
1ooh io,1; short sight, Ilo,s llois; Paris sixty
days, 51S1 t.l5; short sight, 5.i3iS O 6.ll;s:
Antwerp. 6.isH o 5.15; switzerland, s.ls.f q BIS;
Hamburg, sbys a 3ojs; Amsterdam, 4oss Al; Frank.
tort, so'i Az; Bremen, sss 10; prussian
thslers. ia "a.
the receipts for customs ana the receipts. pay
uents aud balances at the subTrcasury In this city
for the expired portion OF the week have been a. fol-
iows:--
Custom House. --------rttr. Treasury.
Receipts Receipts Payments Baidnces.