The New York herald., 1869-03-17

The advance was not attended with mnch antma-
ton, except at the periods OF greatest nuctuanon,
when the market was feverisn. The feeling as.to
the future OF gold is quite undecided. The business
at the Gold Exchange Bank resulted as follows:-
Gross clearings $72 TAG, 600
Golu paancea. ea.....-...-....-..-.-.. ilO4, ISL
currency balances. s...-.-...-....--..-..- i,s5vlol
A telegram from washington says that the coin
balance In the United States Treasury at the close OF
business yesterday was $lo3. 100000. including
$29 900 deposited against coin certificates while
the currency balance was SIS, zoo 00o Since March
the disbursements OF the Treasury have aggre-
gated about ST. oo0 against receipts or 1000 900
from internal revenue, $2,ooo,0oo from miscel.
laneous sources and $4,000, 900 from customs.
Government bonds were reflective OF the causes
operating in the gold marker. The first dispatches
from Europe announced decline following the
OF Mr.. Summers promised speech, and the effect
was depressing at home; prices, which had opened
steady at the previous days quotations weakening.
In the i6a's more particularly. The progress Of the
day brought further unfavorabe news from
London, hut the home market was stayed
by the final passage OF the Public Credit
bill aud the nrmer tone to the gold market The
feeling, however, Is unsettled in view Of the action
OF Congress with reference to the Alabama claims
and the question OF Cuban independence. in some
quarters is thought that the decline In Londonw viii
not be restored even II the President signs and
makes law OF the schenck bill, for the reason that
the latter has been already fully discounted. Hold
ers are not IN any way tiind and are confident OF
better prices or that the present ones will at least
be maintained. Tnerc is 'short' interest IN '62's
and old 'o5s, based upon the expectation OF sharp
downward turn ~ the reaction from the advance 10
present figures and bonds Of these dates were len d.
ting ''nat." The closing prices tonight were as
fohows:-united states SKIES 1881, registered l16iS
. il6ls; do, coupon, 1854 ll6ss; DO, 5.2o's
registered, ll4'4 li4s.; do coupon 1852. 1l9,s n
1l9A; do, 1864, 1l5K ll5A; do, 1865, 1l7k q
I17x; do, new, 1884, 1854 1875; do. 1867 49,
I1s,s; do, 1868, il3ss ilSa; do. 1o-aos. regis
tered, 1861 lo5a: do, coupon lO53s q 1884,;
currency bonds. 1886 a 1885.
Foreign exchange opened steady, but the demand
for to-morrow's steamer was quite light. Rates fell
on unaccountably, toward the close, and II Ia con.
tcctured that cotton bills have been sold from
Southern ports direct. The closing quotations
this evening were:-Storing, sixty days. CON-
mcrcia, los iCsh; good to prime bank
ers'. 1885, los;s short sight, loss loe5s; Paris.
sixty days, 5.22s 5.l75l; short sgnt, 6le4 Sis;
Antwerp, 5.22H o 5.17k; Switzerland. 5.22k 5.I7k:
Hamburg, $50 q 3s5s; Amsterdam, 4ol. q 4css;
Frankfort, 4oi< so,.; Bremen, IS ,sas; Prussian
tbalcrs, so1 aT1I.
southern securities were duh and without feature
The money market was fully active at seven per
cent the shifting OF balances into the SubTreasury
for account Of the countr banks holding govern.
ment deposits inducing the calling In Of out
stanaing loans. The removal OF the apprehension
70 sales OF gold contrib led 70 the removal OF ap
prehension as TO sringency 10 money arising out OF
the needs Of the government for currency so tnat IL
would be reasonable to think the period Of the great
esr activity had been reached This doubtless woua
IN ne ar any NIL ina han
reopenlng OF the numerous manufacturing enter
prises OF the country and the spring wants NJ the
farmers demand which calls for ali the cur
rency the banks can spare.
The stock market was barely steady az the noru-
ing boards and underwent sharp decline IN the
afternoon, Pacific Mail and New York Central taking
the lead. The former sold down 70 is and the lat
yer 10 1885, but frightened very lew into selling the
market relapsing into duness while prices reacted
under disposition among the shorts ~ cover
There was q "oreaxr In Quicksilver at the second
open board, and the prices fell ~ l2ox. The 81
Paul stocks we're irregular, recovering the ground
which they lost yesterday bnt recedng again In the
general relapse. Fort wayne was the nrnes,
on the list selling beyond lr. The eec-
ton takes place tomorrow. The directors OF
the Rock Iaand road have declared a
dividend OF i've per cent pa, able April TO- tho books
90 close March u. the stock underwent no I'm
provement upon this announcement holders having
been Induced TO look for large scrp dividend. Of
the express stocks wes-Fsrgo was weak and de-
ciued aud Adams barely steady. The United States
Company have registered, and their stock 10 now ad.
mltted 70 the call OF both boards Erie continues 20
be the only excluded stock on the list IL was weak
to-day, selling down 70 AK. Marposa seems TO bc
backed up by o strong movement and was nrm TO-
day amid The general Yielding. The North
western stocks were also exceptionally nrm. The
closing prices at the last open board wsre
~ foilows;--cumperaud, 80 . %; wells, Fargo A
Co.'sExpress 3osl a3its American Express AN bid
Adams Express, cox 81; United States Express. 81
assls; Merchants Union Express, 1ex II; Quick.
silver, % a2os; Canton. ssx a 81 Pacinc Mail, ss !.
ass; Western Union Telegraph, ASK sk: New
iork Central, 1884 i5ss.: Hudson River isex
lao; Beadina, pli3 yl1s; Chicago and Alton lsl Y
aIs2k; do. preferred, $50 bd Toledo and wabash.
seaz c7ss: do. preferred, s5Is q ssh; Milwaukee
and ST Paul. % q So; do. preferred, 20 q 7e4:
Fort Wayne Ilol< Ic0ts Ohio and Mississippi ~ !.
32ss; Michigan Southern, s71f ava; Illinois Cen.
trial, III; Cleveland and Pittsburg. ssx . s9i.:
Cleveland and Toedo 1864 1905; Rock Island.
1s,s ai2ei Northwestern s2k sax; DO. prefetred,
9ls slli; Karnosa- 10; do. preferred, ssx 80 js
Harlem, l35; Lake shore, Ioebs . 1904.
The following ~ the text OF the bill introduced in
ibc state Legsis,ure " authorize the Eris Railway
company 10 amend their articles OF association, In
view " the teuent leases and extensions Of tho road
ga furthorancc OF the through llnev 10 Chicago ana
~ Js0Uis:---
Whereas 1t j. for the Interest OF The state that every
fseiiiJ should I've Afforded for the economical man.
sgrrBi ~ the TniroadH SI the state 10 enable them
a. cnpete Wig ssai ronas ternn ariDg IN cities in
aiirr Siales; aun
Whereas the Tfic Railway H. bv lease or purchase
tr nwnGr of cvDDecfinz roalls and brsnches which,
n Dfaba2cd and faa under the name Of one CON-
I..sit wDvf6 lessen tHe expense aud nconyeptencs
sict m1uHvepent ana enable them Defier TO com
pct rlt sLcn rvai routes lie people Of the state
n nrw stIk, represented ~ senate and Assembly
osh.t3t Ss f0liDw1.--
N.ro~ !. Tho Ere Railway Company, IN sssdlssoe