The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-08-31


contribution to the money market and one likely to
preclude any stripgency.
The general duness extended to tho market for
Southern securities, in which transactions were
quite limited. The new Tennessees were heavy ana
lower but the old bonds were strong. Georgas
were not quoted at the last call. The special tax
bonds OF North Carolina were lower, despite the
Governors favorable opinions thereof, as reported
In the newspapers. South Caronas were strong
aud In request The following were the prices
on the street after the board:-Tennessee, ex
coupon, 81 90; do. new, 81 SIX; Viz.
ginia. ex coupon, IS 60; do. new, IS
5s Georgia sxes SO q 81; do. sevens. 81 o o.;
North Carolina, ex coupon, So Q 56,k, do. new,
40 4ed; do. special tax sax SAX; Missouri skies,
81 80; Louisiana skies, 70 ~; do. levee SKIES,
65h q 90; Alabama Fights, o31 o.; do fves. 60
Ca South Carolina skies, 80 70; do, new, So a
6s4; City Memphis skies, 90 81; Mobile and Ohio
sterling 66 90.
In the free list at the board Western Union bonds
were quoted 80 90; Hudson River scrip, S2h bid;
Second Avenue Railroad stock, 70 rs; Long Island.
81 Q 90; Norwich and Worcester, 11Ok l12,S, ana
United States Trust Company, leo bid The follow.
ing were the bids for the railway bonds and mort
gages:-New York Central skies, 1883, Of; New York
Central skies, real estate sok New York Central
skies, subscription, seh; New York Central sevens
Erie sevens third endorsed, 1858, 20; Erie sevens
fourth endorsed 1880 s2X: Erie sevens NTH en-
dorsed, 1888, TEX; Bunnlo New York and Erie first
mortgage 1877, 50; Hudson River sevens, frat mort
gage, 1S8o.70 90: Hudson River sevens second mort
gage, sinking fund, 1885, 102k; Michigan Central
new, FIRST mortgage eigbts. 1882, l2s; Michigan
Southern and Northern Indiana sinking fund seven
per cent eS; Pacific Railroad sevens. guaranteed BY
Missouri 90; Alton and Terre Haute nrst mortgage
oIH; Alton and Terre Haute second mortgage, In
come, 70; Chicago and Northwestern sinking fund
o2H; Chicago and Northwestern interest bonds, So;
Chicago and Northwestern first mortgage. 90; Con-
solidated seven per cent convertible, 96; Hannibal
and st. Joseph land grants 1854; L.ackawanna and
Western bonds, 90; Delaware, Lackawanna and
Western first mortgage. %; Delaware, Lackawanna
and Western second mortgage. 90; Toledo and Wa
bash nrst mortgage, extended, ss; Toledo and Wa
bash equipment bonds, 761s; Toledo, Wabash and
Western consolidated convertible sinking fund, seH;
Great western frst mortgage, 1885, ssk; Great
Western second mortgage, 1898, so; Galena and Chi
cago extended, 90, Chicago and Rock Island first
mortgage, 100; Chicago Rock Island and Pacific "a;
Cleveland and Toledo sinking fund. 90; New Jersey
central nrst mortgage 100; New Jersey Central sec
ond mortgage, 100, Pittsburg. Fort Wayne and Chi.
cago FIRST mortgage, 102; Pittsburg Fort Wayne and
Chicago second mortgage s6>{; Cleveland aud Pitts
burg consolidated sinking fund.- SO; Cleveland and
Pittsburg fourth mortgage. 734 Chicago and Alton
drst mortgage, 90; OHIO and Mississippi first mort
gage o.; Peninsula Railroad bonds, 90; Milwaukee
ana st. Paul first mortgage elghts lo01s; Milwaukee
and st. Paul first mortgage, OIL; Milwaukee and st.
Paul l. aud NJ d.. s6K; Chicago and Milwaukee first
mortgage 80; Columbus Chicago and Indiana first
mortgage, 49, New York and New Haven skies, 0S.
At the same session there was rather spirited
bidding for the city bank stocks at the following
ngures-New York, 1888; Manhattan, 140: Mer.
chants, 1877; Mechanics, l40 America, s143 City,
2O5h; Phenix, 100; North River, 30; Fulton 100;
Seventh Ward. 1141z; State Of New York, 40;
Commerce, 1876; American Exchange, 116; Chatham,
16S; Rank Of the Republic, 12i; Bank Of North
America, 10ell; Irving, 10; Metropolitan, lao;
Market, 1872; Nassau, 1o7 shoe and Leather, JAS;
Corn Exchange 1872; Importers and Traders, 13S;
Park 40; Manufacturers and Mechanics, 100; Cen
tra National 112; Fourth National, los; Ninth
National, li2; Tenth National, 1915; Eleventh Ward,
100; Oriental $50: Bankers and Brokers' Assocla-
ton, 1o7.
The following the closing prices Of stocks at
the last session or the board-Canton, 59%; Cum
berland 80 q SO; Western Union, 374 s71S; Quick
silver 1871 10; Marlposa, aa; do. preferred. 13
49, Pacific Mail, 500; Boston Water Power, 13 14al
Adams Express, 56y6 q 500; Wells Fargo Express,
1915 O 1919; American Express, 35's S52<; United
States Express, 62;s q 63; Mercnanty Union Tx.
press, III bid New York Central 2o1S 201,s;
Hudson River, 1874 q 1s4h; Harlem, lG0h 161X;
Reading 95ci q 95,6: Lake Shore, 100 1061i; HI
nols Central 1917 13sli; Cleveland and Pttsburg,
1904 a 1O7; Chicago and Northwestern, "a q $40;
40. preferred, s4zs 95S; Cleveland, Columbus and
Cincinnati II bid; Rock Island, 1I4H 114as; Mil
waukee and 81. Paul. 70 o 1914; do preferred. S7H
q s7,5: Toledo wabash and Western, SO s31s; do.
preferred, 81 bid Fort Wayne, 80 s9ss; Alton and
Terre Haute, 34sl 35,k; do. preferred, 6s1k So;
Ohio and Mississippi a2>S q s2al; Delaware and
Iackawanna, 1l2H bid; New Jersey Central 1914
bid chicago and Alton. 154 1853; Morris and Essex,
ferrea, 100 124; Columbus, Chicago and Indiana
Central, "a q 35lS.
The speculation in the gold market favored de.
cline In the price, owing to the Treasury programme
of further gold sales in September, the higher price
or our bonds in Europe and the dulness in foreign
exchange. The market was quiet and operations
tame, ana while the range was from 1s4Js down to
1897 there was firm feeling the reaction to 133,s
a 1885,. The course OF the price is shown in the
tablet
10 A. M........... 1874 2P. M........".. 1888
1906 A. M......... 13t< 81: M.;;.......... 1880
1890 A. M......... 1888 1870 7. NJ. ........ l33E
y y a T. M.'...., 1882 5r M........ iSSs
- NJ .....'..'.'. 1909 o'oo - "'''ioo's 1908
iii T. M.....,.'... loo's
the rate for cash gold ranged from six down to
two per cent for carrying. In the afternoon trans
action was recorded at "nat'' for borrowing. The
disbursements of coin interest to-day amounted to
$l6e77. At the Gold Exchange Bank the clearances
were $50 73t 600: the gold balances $f179120, and