The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-05-07

afternoon an exceptional transaction was reported
At Oats The following is the report OF the Gold
Exchange Bank
Gold cleared. So, f0j 600
Gold balances. 523
currency pAiances..-. .-..-...-.........- Zso5'33
The proposals for the government gold ranged
from l35. 70 20 1921 the award was made IN four
lists OF s2so,oo each at 1862, 1922 1878 aud
1911 The total bids were seventeeu. which SHOWS
Iess competition than at the first sale.
The Havana steamer took out $125 600 In specie.
The following were the bids sor the city bank
stocks at the regular board this morning:-New York.
100; Mechanics, 1885,: America, I4s Phenlx,
los; Fulton. 100; Butchers and Drover,'. 1856; Me.
chanics and Traders, 100; National 10: Merchants
Exchange, III; Commerce, I2e; Ocean, 100:
American Exchange, lI2; Chatham. $50; Bank of the
Republic us; Bank OF North America lllA4; han
over, ll2; Metropolitan, l42; Nassau. l03; shoe aud
Leather, l30ls: Corn Exchange, l3i; Continental.
I0lh; Importers and Traders, 49, PARK, 100; First
National, 2i5: Fourth National, 1861; Ninth Ma
tioDal. lI251; Gold Exchange, Ise
The stock market underwent complete change,
and the depression or yesterday gave place 10 the
utmost buoyancy. II that one OF the MANY
cliques which were leagIed for a grand ''bear''
movement received early and reliable despatch
from Albany asserting that the Central
scrip and the Railway Consolidation bills
tpnity for "tnrn" was a glorious one. The stocks
sold In the previous three days bought back
in large blocks short sales covered at immense
profit and "ongr stock taken for another rise. Later
dispatches confirming this intelgence the whole
mass az shorts rushed TAI cover, and the other
cques were forced TO Join the general movement
In this buoyanoy New YORK central wa. ear
ricd rrom III to I7sh. the highest IL has
ever attained, aud Hudson River to l50iS.
Harlem advanced also. out not CORES
pondng extent. IT. consolidation with the
Montreal route II not regarded with much FAVOR
~ was It's expected consolidation with New York
Central and Hudson River. Fort Wayne was ear
ned up 10 I4os. and the improvement, Wa more or
tess marked 10 the railway and miscellaneous lst.
except for Rock island, which was freely sold all
day. and declined Of one time TO i2as.. Michigan
Southern touched 10S The Northwestern stock.
and Illinois Central wers lee. responsive to the gen
era rise OWING TO the lower quotations for them ~
London, whore all American securities were unls-
vorably affected by the advance IN the Bank Of Eng
land rate OF discount. Hut the tide went ont
again in the afternoon. The fckle wind at Albany
changed once more The telegraph now said, "Ihe
fate u the scrip bill looks doubtful The remark
has been frequently made that the New YORK Central
scrip question too fertile source of profit ia
the stock cIques ~ he allowed to I've settled in ans
prompt manner. The street" has been MIXED
vim over and again, vet r. never the wiser. 10
true the legislature must shortly adjourn,
sut nrief A. the tue IL to the end Of
theb session. The stock cliuuss arc skilful
enough TO "mik' the street with dairy. nav. nourl,
kilograms until the Speakers hammer falls AZ the
sine de The following WERE the closing quotations
at the last regular board s-csnton ss co.,; cum.
terlspd, 10 30; Western Union, az, n a.. ouick.
silver, 19Is a2o{; Mariposa IS 2o do. preferred.
- az; Pacific Mail, % asked; New Yora Central.
J77H 17s; Hudson River, 1856 155s; Reading. % A.
go; Michigan Central l2s asked Michigan south.
ern, lo51 q lo5k; Illinois Central, iAsH lsC,,
Cleveland and Pittsburg 20 92jS; Northwestern
un asa DO. preferred, ~ bid; Rock leland IsaI