The New York herald., 1869-04-18


GOi6 O,G cleared $1O9, 9os, ,oot
SOtu uot9u9os. 2,022, ,83s
Vurrocy paiances. 3,41S, zoe
The Hamburg steamer Allemannia brought
|l,040,0oo In specie. The arrival was too late to
appear IN the bank statement.
Foreign exchange was firm, and rates ranged
as NOTWITHSTANDING, sixty days. commercial,
lo7 o lo1h; good to prime bankers 1918 1es;
snort sight, 108X 108x. Paris, sixty days 62e Y
a62lk; short sight, 5.21X a5.1S1s; Antwerp. 5.2ek
6.92h; Switzerland. 6.2eK o 6.22,l; Hamburg, 80
q Soh; Amsterdam. S9x 40; Frankfort 40 q 4o1 (:
Bremen. Tx 7s; Prusslan thalers, 7o1 7oK.
the government market opened with continue.
ton OF the buoyancy which has prevailed during the
week. ana the 62s sold quite freely at III, lot of
100000 bringing that price. This figure brought
out sellers at the noon board, when buyers were less
urgent In their BIDS and the market became steady
II not dull for the old issues. The domestic bonds
were still buoyant and rose quarter to three-eighths
Per cent above the very high prices Of yesterday.
The following were the closing street prices this
afternoon:-United States sixes 1881, registered
III n7A; do., coupon, ll7K ll71S; do, nve-
twenties, 1862, 1201s III; do, 1854, 116H I1ek
do., 1866, lis 11sx; do, new, 1885, 1l5x 116X;
do., 1867, l15X l15K; do, 1858, 1852 115X;
tenlorties, registered. 1861 1861; do, coupon,
1o6H lo6K; currency bonds, 1o4. 1oaX.
In the money market there was still easier feel.
ing and the rate on call loans was even seven per
cent currency, with a good demand arising out of
tho greater activity OF the stock market No excep-
tona rates above or below the legal figure are re.
ported. 1t is matter of some surprise that the
Comptroller Of the Currency has not as yet called for
statement under the provisions OF the new law. The
Economist thinks this delay "has tendency to re-
press operations by the banks and exerts baneful
influence upon business at large The exercise OF
the Comptr0lers discretion In this matter Is the sub
ject OF severe comment In banking and financial
circles, as he has certainly needessy contributed to
the prolongation Of very embarrassing strngency.
In fact the whole system Of bank statements has be-
come farce and q nuisance. and the sooner it is
geduced to simple annual statement, as before the
Inauguration Of the national system the better for
the banks and for the public 1t Is safe apparently
70 anticipate for some weeks to come steady ease
I'm money though low rates would appear to be quite
improbable" Commercial paper was more active
for the names which are fewest in the market. Ac-
ceptances OF this class sold to-day at nine
per cent. which Is concession on the part
OF buyers likely to afford the business community
an opportunity OF undertaking engagements which
they were unwilling to assume while the discount
ing rate ruled 80 high. The best business men are
fixed IN the principle that no enterprise be
safe or wise which pays for accommodation at sucn
.>~trayagant figures. - i,:'
.,ocrs a, ''he regular board:--New York, 1926 Mer-
cbants,. 1917: NJ M'ahanIcs, 49, Union, 1870; America,
1as: CITY. aoo Ma. s.opal 1lo; Seventh Ward, llO;
commerce l22k: Mech, ,uics' Banking Association
122; ocean, 1916; Chatham log Hanover, Ito; Metro
politan, 141,f; Shoe and Leatssr, 1888; Corn En-
change 1So; Importers and TradersI>132; Central
National 10sh; Fourth National, 103; nin'h Ma
tionai. Ill; Tenth National, os; oriental, $50.
Executive sessions of the regular and open boards
were held to-day at noon. The regular board oy
large vote expressed their favorable views OF the
proposal TO unite both boards In single organiza-
tion. The committee Of the open board reported
progress and asked for further time, when resoiu
sioV was adopted empowering them to take the
rcoub Ute preliminary steps for union OF the TWO
boards and report at the next meeting.
Tbe 6, ock market was again active and strongly
buovant rejecting the greater abundance OF money
for erocur tive uses and the favorable character OF
she hank a, atcment The particular feature was
No,v yo,r ~. utral which sold up to 166%, which,
cons,derny IN recent payment of the four per cent
div idend Is the highest price 1t has yet
reached. Readin touched s5'a, Fort wayne 1885,
Pacific Mail ps aud Mariposa preferred aoS.
The following we. no .,osus quo'"uous =, uo
last open board:-Cn "o", O,,' " oIs, W ,peii"nu'
49,. -. co.. 5eT; American Express. 80
a aoU. ,,,,od s,a,ns a vpress, go bid; Merchants
,,n,nr ,.,'~s.u Quicksilver, ~ a 224;
rao,ro ,,an e.,, stern Union Telegraph
49, 49,. NJ. vs..c I, 1861 i66ts; Mart.
oo.s 90 ,,,|. a. n.ss.ssas 3o% q soN; Hudson
,,,... ,.,," 10 ,., %a139x; do. pre-
ferrcd, Ia; Reading o5 q s5J4; ". ra,a,,. 49,,
Haute. 3s 80; do. preferred, e7a o,na' co." ,,,,
Wabash 72lt 49, do. preferred, ..s,ura,
waukce aud st. Paul, 7oH a 7oAs;s 'o o,. ror,
sax q sojs; Ohio and Mississippi, 3sss ,oo, ~,
Wayne, 1917 1888; Michigan Central, ca,,,,.,
Michigan Southern, ooX a o9H; Illinois %, -
1l2 q las; Cleveland and Pitsburg, ok ,es,@
Lake Shore, ssx q 90; Rock Island, 13s O os
Northwestern, sax 81; do. preferred, s5T -,
Chicago aud Alton, 1853 l54; Bankers and Broker
1osh.