The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-12-28
WALL STREET.


EASY MONEY MARKET AND INACTIVITY IN STOCKS.
The week opened on q very dull condition of af.
fairs in Wall street. At the Stock Exchange the
transactions were barely sufficient to make quota
tions while in the Long Room the usual throng was
reduced to dozen OF brokers'. The money market
was easy ut six to seven per cent and barely felt
the activity accustomed by the preparations OF tile
savings institutions to meet the instruments OF inter-
est falling due next week. The inactivity OF the
Stock Exchange, OF course, allows this activity to
pass almost without effect The prospect
Tor the future is without apprehension of
stringency. The operations OF the Treasury for
the week are also in favor of easy money mas.
much as the government Will purchase three
millions OF bonds against the sale of only two mil
lions OF gold.
COMMERCIAL PAPER.
In commercial paper there perceptibe
change. Prime double names ranged from niae TO
twelve per cent and single aales from ten TO sweR-
ty-four.
GOVERNMENT BoNps.
The Assistant Treasurer has gwen notice that all
bonds interest payable IN January and July, which
may be offered at the government purchases this
week must be offered ex-interest
The government market was strong and steady
the fluctuations OF the day being in favor OF
higher prices; but the difference between the open
ing ana closing prices was only an eighth to
quarter per cent. There were no quotations from
London, yesterday was observed there as por-
ton of the Christmas holiday tlme
Inc following were the closing prices OF gov
eminent bonds:-United States currency skies,
1881 100; do. skies, 1851 registered, 1l6 1l5s4;
d. do, coupon, 11s'l 10; do fve-twenties, reg
istered, May and November, 1ll7S 1877; do. do,
1852 coupon, do. ll3 1l3ss; do do 1864, d. DO,
liz 1124 do. do, 1865, do do, 1925 1l21;
do do, registered, January and July 11l14 NIX;
DO. DO, 1855, coupon, do, 11416 max: do. do,
1857 do. do, 1142S us; do. do, 1885, do, do,
1l6 115k; do ten-forttes, registered, 1854
100; do. do, coupon, 1887 q 100.
SLIGHT FLUCTUATIONS IN THE STOCK MARKET
The stock market iuctuated about one half per
cent for the leading speculative favorites, the
reme dulness Of the day as well as the reduced
earnings OF some OF the Western railways inducing
the changes, which were to lower figures. The
market was heaviest about the time OF the last
Board but eventually recovered to prices
whica were midway OF the extremes OF the day.
Exceptionally, there was considerable activity in
Erie, which rose to 23k on the prospect that the
committee OF foreign bondhoders who are en- route
for this country will force better administration OF
the affairs OF the road. New Jersey Central was also
prominently active aud rose from 90 to 92}s. In the
Western railways ST Paul preferred was exception
ally firm and advanced to Se1s p Southern securities
the eyee skies Of Louisiana were again the feature,
1nd rose to 81.
the following were the closing prices OF stocks at
the last session OF the Stock Exchange:Canton, As
49st; Cumberland, 25 20; Western Union 81 a
32h; Quicksilver, 15]s 1873; Mariposa, ~ 81;
do. preferred, 14,4 Is; Pacific Mail, AK 4s;
Adams Express 60A 81; wells-Fargo Express
1sI 1879; American Express, 37ls 40; United
States Express, 4s1a sos; New York Central, con-
ehdased, s8k s6S; do scrip, s17G s1az; Harlem,
100 bid: Erie, 22ss %; 40. preferred, 3sis bid:
Reading 994 9sys; Michigan Central, l171s a rs:
Lake Shore, IS s5i4; Cleveland and Pittsburg, SO
q IS; Chicago and Northwestern 677s 6s;do. pre-
ferred, SIX 50; Cleveland, Columbus and Cincin
matt, TAI 20; Rock Island, lo4lz q I04 u; Milwaukee
and st. Paul. 10 1876 do. preferred, $50 Sc;
Fort Wayne. s6k sex; Alton and Terra Haute,
Is; Ohio and Mississippi "A a 24}s Delaware and
Lackawanna, 1917 10s; New Jersey Central, 9oa4
81; Chicago and Alton 14l 141h; do. preferred, 4l
a las; Morris ana Essex, IS a SO; Hannibal aud ST.
Joseph 107A 100; do. preferred, 1O7is a los; Du-
buQue and Sioux City, 1855 los; Columbus Chicago
and Indiana Central, = 1919.
The highest and lowest prices OF the leading spcca
iative stocks were az fOliows:--