The New York herald., 1869-01-28

136K 1885. The business In gold during the day
was near the average. The increase shows the heavy
sales during the forenoon. The transaction at the
Gold Exchange Bank we're as follows:-
Gross cleartngs. $74, ,239, 900
Golu balances. ....................... 1,9l7364
currency balances. Observation-Disclosures. 2,634097
\ The market Tor government bonds was depressed
by speculative influences. Old 65's were largely
purchased for expectation against exchange but the
demand was not sufficient to keep these or any Of
the issues from yielding at the afternoon boards
Later In the day, simultaneously with the "bup'
movement in the stock market, there was faint
Improvement In few Of the issues and prices closed
steady ut i've O'Clock as fOllows:--Iinited States
skies, 1884, registered, 1llk 11lK; do, coupon
112x 112x; fye-twentes, registered, 1925 109K;
do, coupon, 1862, 1l35S l13k; do, 1864, 109h o
1o9x; do, 1856, 1loH 1l0h; do, new, l0sh
JOSH; do 1857, 1oSA 1osX do, 1865, 1os,S 1o9%;
tenforties registered 1861 1o5,<; do, coupon
l0Sx 10Sk; currency bonds, 1o1k 101k.
The Southern and Border State bonds were duh
under diminished inquiry and the market was In
cined to yield Indeed, the reaction which CON-
menoed at the beginning Of the week has not ceased.
II shows how extensively the late demand was spec.
ulatve Those who 'unloadedn at the high prices Of
last week "bcaring'' the market now to buy
back again. There little done the street after
the boards. The following were the quotations at
four ro'cockrennessees skies, ex coupon, 07jS esS;
Tennessee, new, 671z 67X; Virginia skies, ex
coupon, Ssk o 5sK; Virginia sixes now,
90 . 81; Virginia skies. regular stock, old,
lsH SOY; North Carolina skies, OK coupon,
e3x os; North Carolina skies, new. ok . o2h;
Missouri SKIES. 81 SIX Hannibal and ST. Joseph
81 ss; Georgia SKIES 81 81; Georgia scvens % 81;
Louisiana skies, 76tl; Louisiana levce, per cent,
s0K Q II; Louisiana levee bonds, per cent, 81;
South Carolina, old, 70 "a; South Carolina, new,
soK Q II; Alabama eights, % o3k; Alabama dves,
c5 90; Memphis city skies, s2K 52H; Savannah
city skies, 50.
Foreign exchange was duh after the steamer,
and rates were inclined to yield In presence OF
large shipments OF United States bonds and Amcri.
can railway stocks. Primo bankers, short sight,
sold down to i1ox. Quotations closed:-Stcriing,
sixty days. commercial, losx Q 1oex; bankers.
iosx ioos4; short sight. llox Iiox; Paris. sixty
days, 6.1sN 5.l5; short sight, 6.12k Q 6.1lk;
Antwerp. 5.1sA 5.l6; Switzerland, 6.1sx . 615;
Hamburg 35I o 36,l; Amsterdam, 4ots n Al; Frank
fort. 4oK q Az; Bremen 7ss q 79x; Prusslan
thaers. Tx O tx.
The bids for the city banks stocks at the regular
board this morning were follows:-New York, 134;
Mechanics, l25; America, 146; City, 200; Pncnix,
1o4x; National, lie; Seventh Ward, liz; state Of
New York, ia; Commerce, 12l; Ocean, 1o3; Bank Of
the Republic, 10; Bank OF North America, 100;
Hanover, lo7,s; Metropolitan, 13s; PcopIe's 1856;
12o: Continental 90; st. Nicholas. liz; Importers
and Traders, 1877; Park, lS2; Manufacturers and
Merchants, lui; Central National, 1oof; Fourth Ma
tona 1oA; Ninth National. los; Tenth National, so
The stock market was undecided during the morn
inr boards and during the second sessions OF the
regular and open poarns At the last open board the
sbulls y who had realized to sufncient extent or
were convinced that they could not send the market
any lower, began to buy, and prices reached their
highest TIE movement was without much force
however and prices at the close were or from those
st the board. Harlem, which, with Hudson River,
attracted great deal OF attention. sold mp to l42
and the latter at 1877 Ohio and Mssssi ppi returned
10 80 and fraction. PttsDurg was active, selling
M TO g5x indicating further purchases by the
Erie CLIQUE to help their side OF the con-
sroversy when the injunction granted In Cleveland
romes 10 be argued before the courts. Michigan
aouthern was quite strong, touching %, under tho
to get hold OF the stock against the election
Sor directors which comes on IN March next. Pacific
Mali touched i22 and faction, owing TO various re
pors among them one that advidend Is to be issued
sonresent,nr the accrued earnings, with scrip 70.
cresentlna the shares bought In BY the company.
favorable impression was created By the prospect
that the Commercial Navigation Company bill viii
ba defeated In Congress-. The Erenfn0 telegram
sava the stock received its impetus from the ans
,nImeus Of the contract between the British govern
ucnt and British steamship company for tho con-
vsvance ofths English mails from Australia 10 Pan
ana. in the prospect thus presented Of the Pacific
sssanship Company securing the ssms Aside rom