The New York herald., 1869-05-04

lows
loA; 3S.ao ..1ss% l2sCP. M......... 1855
1915 a. Me-. ...1s5h 1854 p. M.......... 1868
A .a a; NJ ;;-........lS5A 2P M..............lSe
1l:45 A. M......... 1883 3P. P.M............l 1854
IS9a NJ NJ. 1929
=. The abundance Of cash gold was reflected in a
total absence OF borrowing rates, the figures all
ranging ON the carrying side OF the table and nuc-
tuatng from seven to three per cent. Transactions
were very heavy and the Clearing House tomorrow
win show some large numbers The report of the
Gold Exchange Bank for to-day Is as follows:-
Soid cleared 900 goo
yoiu palanceS l,711,O50
C~iionoy paiahces.. Z4o4,of3
The SubTreasury to-day disbursed sl,e2s 900 in
coin on account OF the May interest.
Foreign exchange was dull but firm. Rates
ranged as demonstrating, sixty days, commercial,
1OSH loSzS; good to prime bankers, 100 109A;
short sight, 1925 1092S; Paris, sixty days, 521
b1e4; short sight, 5.1e14 5.13A; Antwerp. 5.21A
o 516Li; Switzerland, 5.21H 5.16ki; Hamburg, 359s
35zS; Amsterdam, 401S 40sS; Frankfort, 40I
4Oa; Bremen 1874 1881; Prussan thalers, 70%
a71%.
Governments opened very buoyantly, but under
went sharp decline at the noon board, in sympathy
with the decline IN London and TO some extent the
greater activity in money. What is source OF weak
at hour is indirectly of strength in
almost the next. This is OF the curious features
OF the government market. The decline In bonds
put gold up. The rise In gold strengthened bonds
again, and SO at the afternoon boards enere was O
reaction to the highest point of the day, the '62s
touching 11sx, coupon, and the 67's H. The In
vestment demand ran largely on the registered
bonds while the inquiry for the currency skies
caused large advance In their price. The market
closed strong at the following quotations.
49, do, coupon, 119 1l916; five-twenties regis
tered 113K 113%; do. do, coupons. 1862, 11sx
zlSS; do do, coupon 1864, 1141S 1144; do. do,
coupon, 1865, 1l5% 1l62S; do. do, coupon, new,
1865, 116A u6T; DO. do, coupon, 1857, 1862
l162s; do. do, coupon, 1868, 116 1167S; do.
forties, registered. 1o7H 1915; do. do, coupon,
1857 10S%; currency bonds, 1867 1OeX.
Southern securities were steady at slight yielding
from the best figures OF last week. The Tennessee
new bonds were lower by two per cent and the
Louisiana levee skies fraction higher. The books
have closed for three per cent dividend on Men,
pitts and Charleston "stock.n Prices closed for the
list:-Tennessees, ex coupon. 81 a 67H; do, new,
90 664; do. five per cent. so 6l virginias, ex
coupon, $50 5SH; do, new, G2i4 627l; do regis
tered stock, 5oH 81; do registered, 1885, So 55H;
DO, registered, 1867, 81 o 52k; Georgia sixes slX
SO; do sevens, s5% a s65k; do. do, interest pay
able I'm Georgia, "a s5; North Caronas, ex coupon,
B0A q 61t4; do, new, SAX SAX; Missouri skies,
Bs1 sssi; do, Hannibal and st. Joseph, 90 9Ok;
Louisiana skies, "A 74]s; do, levee do, 10 7o1s;
DO do, eights, S96 9o Alabama eights, 1o2 1o4;
DO fves, OF 90; do, skies, sterling, oS; South
Carolina skies, "a IS; do, new, " 70; do regis
tered stock, "a 66; City OF Memphis skies, 53a 81;
DO Atlanta eights, "a So; do. Savannah sevens
% o "a; do New Orleans conso.s, II rs; do. do,
Issued to railroads, II 72; Mobile0hio sterling,
Il 70; do, eighs. 62 50; Mississippi Central Rail-
road first mortgage II 49, do, second do, 81 90;
Memphis and Charleston, first, 81 a SO; do second.
20 II; do, stock, 40 5O Greenvlle and Columbia,
guaranteed, so 60.
The following were the bids for the city bank
stocks at the regular board this mornng:-New York,
lsO Manhattan, 14O Mechanics, 1874; America,
l4e National, 1l0x; Merchants Exchange, 116;
Seventh Ward 10; Commerce, 126H; Ocean 105k;
American Exchange 112; Bank Of the Republic, lis;
Metropolitan, l4o; Continental, look; Marine $50;
Park, l60; Manufacturers and Merchants 100; Gen.
tral National, Ill; First National, 2i5; Fourth Ma
tiona, 104.
There was more inquiry for money, supposed to
arise out of the demands OF the moving period and
the necessity OF payments rent contracts and the
ike The activity was quite noticeable in the vcl
nifty OF two O'Clock Just before three O'Clock there
was a relaxation In the demand but no loans were
made at less than seven per cent. Commercial paper
shows fair activity, and the extreme range OF the
tliscountlng rate Is from seven to ten per cent
The question Of a consolidation OF the regular and
open boards Is slill uppermos In the minds OF men,
bers. some 20 far "a TO predict that the union
will be n Jdft dccompH within few weeks. At an
executive session of the open board to-day the conn.,
mitee reported that there was no legal redress Tor
the action OF the stock Exchange In admitting the
government board. Meantime the new or national
board derive strength from the proposed consolida-
nj mir ai riv md lease prq
tentlous accommodations on Broad street, opposite
the Stock Exchange,
The general stock market was duh. Prices at the
opening were up TO the best at the close OF the pre-
vious week; but operators became cautious, and
there was slow Yielding In quotations until the low
est were made at the last session OF the regular board
from which there was rally at the open board. sue
Ceeied by heavness IN subsequent street transac-
tions. The exceptions were Fort Wayne, which sud-
denly advanced to las, Michigan southern, which
advanced to 1O5 x, and Lake shore, which touched
lola. Hudson River and Harlem were lower, ana
New York Central barely steady. Pttsburr; St.
Paul and Northwestern stocks were weas. The ex-
press stocks were firm. but quiet OF the miscella-
ncous list Western Union. Doacinc Mail and Marposa
were heavy and defined.
Ihe i"...owng were the closing quotations OF the
last regular board:-Canton, 63 asked; Cumber-
land, 30. %; western Union. 42s q 43; QuicSsil-
YER 20k Il; Marposa, Is O 20; do. preferred, 4O,.
a42; Pacific Mail, OF = al ok; New York Central l17,s
n 177x; Hudson River, 156ys q 157; Reading, e5S a
p5x; Michigan Central, 100 asked Michigan South.
krn 104 1o416; Illinois Central, 145A lao; Pitts
Lurg p2 bid; Northwestern, sex o sess; do pre-.
ferred. es 9sk; Rock Island, 1914 197s.; st. Paul
s7Ia77z.; do. preferred, sess 81; Wabash 72s Q
7o,.. do nrefe,ro, II q 10; Fort Wayne, 1434
14ss ohio and Mlsss. 'lppl s21s a 80.
The following were the losing quotations on the
call at the last open boar. .''-canton, OIL oa
Boston Water Power 10 q 171s, "cnsFa'so bN'
press, 35H bid; Adams Express, 0iA "oiai Amer'
Fan Express, Al 49, United States Exp. ess 90 %