The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-12-15
oDe-third Of the amount being in Mexican silver.
FOREIGN EXCHANGE
was hrmer but without change In quotations.
MONEY MORE ACTIVE

ope-third Of the amount being in Mexican silver
FOREIGN EXCHANGE
was tlrmer, but without change In quotations.
MONEY MORE ACTIVE.
There was the usual late demand for money this
afternoon, and the rate toward the close OF banking
hours was sharp seven per cent Previously Dor
rowers had been largely supplied at six per cent.
and the rate was easy at six to seven per cent while
on governments large amounts were TO be had at
five to six per cent. The "bears' in the stock mar
ket were endeavoring to close their short contracts
and the spasm in money is attributed to their ma
nipulation. Commercial paper unchanged in
rates. but the market shows q better supply.
GOVERNMENTS STRONG.
The government list was strong. with rather
active speculative movement in the 6T's which car
red the price as high ll04. Otherwise the i'm
provement was more in tone than In figures for the
higher price OF gold was Offset by the lower quota
tion for our nve-twentes IN London. The market
steady at the close OF street business this even
Ing, with the following quotatons:-United States
currency sxes 1l0ll llo1a; United States SKIES
1881, registered 1091 10; do. do, coupon, 1l3I
1885; do. fve-twenties registered, May and Novem-
Der, 1914 1878; do. do 1852, coupon do, 1919
l07'i; do. do, 1854, do. do 1875 1878; do do,
1865, do do, 1919 1919; do. do registered Jan
uary and July, 1862 Il l06h do. do, 1865, coupon
do, 109I 1925; do do. 1867, do. do 11016
1104 do. do, 1868, do. d. 1103S 110a do ten-for
ties, registered, 1868 l0616; do do coupon, 1867
1864
STOCKS WEAK AND DECLINED.
The stock market opened heavy and gradually
became weak under combined sales by the clique
operators, VINO are again ''mking the street, which
seems to be their present strategy now that they
find 1t difficult to enlist any very general movement
the part of the outside public But the outsiders
plans and are Initiating them. Hence we find tEat
spectators of late content with narrow margins
of profit. To the brokers this state Of affairs Is
bringing more business, and the matket is becom-
ing more active. The decline ranged from
threeelghts to one and quarter per
cent. Towards the close the market under
went a general reaction, and some stocks
not only recovered all they had lost but advanced
beyond the opening price, which change gave Use
to suspicion that the "bears were covering their
short sales preparatory to turning "bulls" for
speculation the other way. Western Union was
exceptionally strong, and was firm In the midst OF
the surrounding weakness. The following were the
closing prices at the last session Of the Stock Ex
change:-Canron Company, 67A 80; Consoda-
ton Coal, 25 bid; Western Union, ASK q 4G; Quick
silver preferred, s; Mariposa, bid do preferred,
1Oh 1919; Boston Water Power, 1917 19A;
press, 80 o 32h4; do scrip, 2H American Ex-
press, 4eH; United States Express, 331s O 35X;
Pacific Mail, AK 4l's New York Central
consolidated, 81 u 91A; do. scrip, s8sl S6S Erie,
2315 234; do. preferred, 46'l bid; Harlem, 1894
1874; Reading 1881 1o35s;. Michigan Central, 12OH
bid Lake Shore, S2'4; Panama, II IS; Union
Pacific, 14S 14z; Illinois Central, 1913 o 1856;
Cleveland and Pttsburg, l04 1861; Chicago and
Northwestern, 73s "a; do. preferred, S314 a S3H;
Cleveland, Columbus, Cincinnati and Indianapolis,
81 bid: New Jersey Central, 1857 1O9A;
Rock Island 1857 1887; Milwaukee and st.
Paul, $50 a $50; do. preferred, s0I 81;
Toledo, wabash and Western. 502s 81; do. pre-
ferred 10 bd Fort Wayne, 941s y47s; Alton and
Terre Haute 25h bid; do. preferred, 54s So; Chi
cago and Alton 1l6; do. preferred 1l9; Ohio
and Mississippi, 3o4 500; st. Louis and Iron
Mountain, As; Delaware, Lackawanna and Western,
1897: Morris and Essex, ssss SS14; Boston. Hart
ford anu Erie, Ia q 2; Hannibal and st. Joseph,
1887; do. preferred. Io4 lllas Columbus, Chicago
and Indiana Central, Is bid.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest
rlces Of the leading stocks during the day.