The New York herald., 1869-01-27

i0:3u 4. M....... 1868 los p. M........... 1867
12M.:..:. ......... 1867 aP. M............ iSS
1910 r NJ. ......... 1868 $50 r. M........ 1867
~. ms....'....... lo0ts $40 4. M.......... 1861
Cash gold was plentiful for delivery. From five to
seven per cent was paid for carrying. The gross
clearings were s52,622,coO, the gold balances
46o and the currency balances 117s 256 The
steamer Hammona took out $685., ,00o
Foreign exchange was weaker The leading
drawers sought to keep the rate for prime bankers
sterling sixty days, up to 1o9 but great deal was
done at 1927 and the intermediate ssixteenth.u
Good bankers was freely sold at 109K.
Money was in abundant supply at six and seven
per cent, according to the character OF the coate-
rails and the standing Of the borrower Where
money was offering especially to government bank
ers, " was at six per cent. Late In the day there
was On appearance OF activity given to the market
n0m slightly increased inquiry due to the fact
that with the reaction In stocks some houses were
probably prompted to call for new margins. Com
mercial paper is steady. Four months acceptances
are inquired for, owing to the nducement they pre-
sent Of engaging money over O decline In the inter-
est rate and are quoted at from ~ to 10 per cent
discount. Prime sixty days paper is current ut
from to 8 per cent.
There was an improved tone to prices In the gov
ernment market, indicative OF a renewed demand.
AZ the change s noticeable In the general list, more
than IN tile speculative issues 1t exhibits demand
coming from private investors, and very probably
from the banks, which, in the declining rate for call
loans, seeking the higher interest represented by
government coupons. The issues Of 1852 were the
favorites to-day, and advanced from l13h to 113s.
The 1S67s were motionless owing to the depressing
influence OF the numerous .shortsn In the issues OF
this date, which kept them from rising with
the rest Of the market The market closed
with strong feeling, the following quotations
ruling the street at five O'Clock this evening"
United States skies, 1881, registered, 1l1t4 o
111H; do, coupon, 1928 1126; 1vetwentics regis
tered, 1925 109h; do, coupon 1882, 1875 1876
do, 1864, 1905 109A; do, 1885, 1l0ss 1i0a4; do,
new, l0sA 10s7S; do, 1867, 1881 109; do, 1868,
1923 10aA; ten-fortes registered 1855 1052; do,
coupon, 105h 10Sh; currency bonds, 101s1 1917.
the Southern and Border State securities sympa-
thized with the reacnonary influences at work in the
general stock market and the close were lower for
the greater portion OF the list The favorite Louis
anas dropped from half to three-quarters per cent
North Carolnas, ex coupon were OF one per cent
The closing quotations the street this evening
az foil0ws:-Tennessee sixes ex coupon, 8S q 68tS;
Tennessee new, e7s 6s; Virginia skies, ex coupon
" 5sh; Virginia. new, 63j4 63a< Georgia skies,
SO So; Georgia sevens, 921 q 90; North Carolina
skies, ex coupon, 63S 6t; North Carolina, new,
o. 62; Missouri skies, s75 s71s; louisiana skies,
76K; Louisiana levee sixes Tx 72; Louisiana
levee eights. s7ts; Alabama eights, ss e3ts; Ala
bama nves 90 81; South Carolina sixes y 7s;
South Carolina, new, 70 II; Mobile and Onio Rail-
road sterling el os Mobile and Ohio Railroad. in
terest, 50 a SO; City Of Memphis 5ak a 81.
At the beginning OF business the feeling In the
stock market was buoyant one, and prices under
the stimulating influences at work In the railway
list returned vcinity the highest quotations
prevailing the day previous, which was field day In
the present campaign Of the "bulls." High prices,
however always tempt sales, aid the realizations
commenced at the regular board, when the market
began to turn and steadily dropped until the usual
hurry at the close, checked the decline and gave
frmness II 1t did not carry figures fraction up
ward. The 'short'' interest in the market was in-
creased very little, II any by this Decline which
tho result OF realization and not Of any apprehension
that prices are going to go down. Those
who sold, sold stock which they openly &C.
knowledgcd they hoped to get back again at u
decline OF one or two per cent, with
a view TO further advance. Some of the Oldest
operators in the street who attempted TO make
'turn" In this way today failed TO succeed, the
stock which they sold not going below the figure at
which they themselves sold It. This natural reac
tionary effect to-day was aided by q report ffom
Springfield announcing the passage in the second
house OF the bill TO reduce railway fares In the State
OF Illinois, This carried down the Northwestern
stocks and the miscellaneous list was disposed to
sympathizc, but not Intimately. Eric nrmes
and touched 3sz In consequence OF the reports OF
proposed extension IN the west and Southwest. IL
yielded with the rest OF the market later In
the day. The vanderbilt stocks,r Hudson River
and Harlem the features OF the day the former
touching 1867 on account OF the proposed sale
Of the valuable real estate In Chambers and Warren
streets. Harlem which rs innocent OF scrip and has
yet TO make its debut, went up TO 1io through an
impression that ntercst certificates will be issued
to represent the real estate owned by the company,
which, particularly that portion in Westchester
county, has enhanced 80 much with the general
appreciation OF property In and the metropolis.
New York Central was quiet and attracted less at
fention than usual. Operators disposed TO wait
for Judge Ingraham's decision In The Jencks Wander
bilt suit. OHIO and Mississippi which was the
tavorite OF the cIlques yesterday, thrown aside
to-day Ike an abandoned toy. The closing quota
tons az the last regular board were rs foilows:-
Canton, ei& o.; Cumberland, 3s ssls; western
Union, 36i4 s6s6; Quicksilver, "a a %; Pacific Mail,
l21h y; New York Central, 1e45s q 1e5k: Erie,
3sh a 1885, do. preferred, 90 q 0j Hudson River
1851 o i38; Reading, ei; Michigan Central, III a
100: Michigan southern, eik eiA; Illinois Central
13s a 40; Pittsburg, 9i slis; Northwestern, s2&
s21; DO preferred, ssA n ssa6: Toledo, 1904 a
1o7; Rock Island. 1897 ls4; ST. Paul. 7ss Isl;
do. preferred. % p51s; wabash, 6ila q cas-; do
preferred, 20 a II; Fort Wayne, 1854 l2l; 0p',o
aud Mississippi, 37sE a37k.
At the last open board the market was dvrI. and
an unsettled feeling prevailed. There was n con.
siderable difference between the price,, hid and
asked. Quotations closed as folio VS. on the
call;--Cumberland, 3ssl a as4 Wells. Fargo CO.'S
Express 27H q 2s; United States Express. SO a
Sl; Merchants Union Express, 1oE a I5s; Quick.
silver 20; Pacific Mail, i2oK i2l Y; western Union
Telegraph. ao,l q $50; New YORK Central, le4s q
1914; Eric, as's = as;z hudson liver, lo5 a
lSSA; Reading, box 81; Chicago and Alton
pre'e'rcu, i%1 1S2; Alton and Terre
hau'c' - "a; do. preferred, os q 20; Toledo and
"aoasn' o4k do. preferred 7s% q "; Milwaukee
hno "a. Paul, 7ass 10; do. preferred, s5'S,
roe Wayne, 1917 1874; Ohio and Mississippi 81 4
- 37i.: Michigan Southern p3k n q9s.. Cleveland