The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-10

IL A. M............ u0a T. IA. ............ 1l02S
~ M............... lio5a $50 I. M..llOA ll03
! 4. M............. II01
III the gold loan market the rate ranged from four
per cent for carrying to three per cent for borrow
ing. The operations OF the Gold Exchange Bank
were as folows:-
Gold cleared. $50. 0o1, 900
Gold balances. ..................... 133s,a0l
currency balances Observation-Disclosures. 1.83l.00S
The Scotia, for Europe, took out only S7S,7oo In
specie.
MONEY EASY.
The greater volume OF business at the Stock Ex-
change has not been sufficient to overcome the In
creased resources OF the banks, which are now
gaining steadily in the interchange OF currency with
the interior, the rates at the West ayoring move.
ment In this direction In fact, the supply Is more
than equal to the demand at six per cent and that
rate Is growing to be exceptional, borrowers being
generally able to find accommodation at FIVE rer
cent upon the usual STOCK colaterals. Where the
collateras are government securities borrowers are
alternately supplied at four and five per cent At
the same time better inquiry for mercantile paper
Is noticeable, and prime double names sell readily
at TX q s per cent.
FOREIGN EXCHANGE ADVANCED
The demand for foreign exchange on Tuesday and
the diminished supply OF commercial bills In
duced drawers to advance their rates to-day about
an eighth per cent. There was not much doing,
however at the higher quotations, the steamer to-
morrow being less favorte with remtters, but the
market closed steady, as follow s:-Sterng, sixty
days, commercial, 1854 u 100; good to prime bank
ers', 1O91S 1o94; short sight, 1o9I 1927; Ant
werp, sax q 5.l71z; Switzerland. 5.171 5.1s1;
Hamburg, s51S SO; Amsterdam, 4oss 4OH;
Frankfort 4oH Al; Bremen. 1871 70: Prussian
thalers, a7lX.
GOVERNMENTS STEADY.
There was little or no activity at the government
board, and prices were q shade Oh, except for the
currency skies, which naturally improve with the
decline In gold. In fact the speculative interest of
the street seems concentrated at present in the Stock
Exchange. The foreign market continues firm IN
face OF the advent oil the new French loan. The
final street market was quiet, and closed with
the following quotaiions:-United States cur
rency skies, 1l151 1l1N; do, 1881, regis
tered, 1881 @ 1l3H; Go. do, coupon, 1881
q 113h; DO. fve-tw snties registered, May and
November 1e73s q 10T14; 90. do, 1899, coupon, do,
1857 1oSas; do. do, 1864, do. do, 1917 1915 do
do, 1856, do do, 10715 1o7a; do. do, registered
January and July, 1905 a 109I; do do, 1885, cog-
pom, do, 1898 a 1oeA; do do, 1857, do. DO,
1898 q lC94; do co., 1868, do. do, 1899 HOBS
do tcn-fertlcs, registered, 1863 1868; do. do,
coupon, 1861 1o62l.
STOCKS STRONG AND BUoYAET,
The stock market was strong and at times very
active Election day seemed to have been the turn
ing point with many who feared to make venture
pending the possibility OF disturbance and riot The
out-oftoWn orders were consequently numerous
to-day, If the public had been waiting TO deal
when this contingency had gone by. A further i'm
provement OF threequarters to one per cent was es
tablshed In several OF the leading speculative rail-
way shares, while tho average rise was fully q
half per cent. The following were the closing
prices at the last session OF the Stock Exchange
Canton Company 20; Cumberland Iron, 40; Western
Union, Az Az; Marposa, ca bid preferred 10'l
a 1917; Boston Water Power 1917 bid; Adams Elk.
press, e75S 6s; Wels-Fargo Express, 90 a 81;
Wells-Fargo Express scrip IN 2zs; American Ex-
press, ASH q 46; United states Express, 1914 "a;
Pacific Mail, 424 AN; New York Central conso
dated, 93M o e3A; do. scrip, ssh SS2S; Erie,
23H 231k; Harlem, 1856 1873; Reading l01X q
1917; Michigan Central, 1904 bid: Lake Shore,
94A 947s; Union Pacific, 23sl "a; Illinois Central
1877 1885, Cleveland ana Pttsbury, 1919 bid; Chica
60 and Northwestern, 81 Il; do. preferred, 905
a cox; Cleveland, Columbus, Cincinnati and INDIA
napolis, SOA lid; New Jersey Central, 1904
109h; Rock Island, 113ls 1888; Milwaukee and
81. Paul. 6lN GO; do. preferred, 8114 S12S; To-
iedo, Wabash and Western, 539s 539l; do. pre-
fered, 10 80; Fort Wayne, o41. bid; Chicago and
Alton, 118; do preferred, lis 100; Ohio and Mssis
sippi 3214 322S; st. Louis and Iron Mountain, Al
bid; Delaware, Lackawaana and Western, Ill o
111H; Morris aad Essex, 9l1a o2 Bostsn, Hartford
and Erie, so 4; Hannibal and st. Joseph, 40 q
HOY; do. preferred, 1920; Columbus, Caicago and
Indiana Central, 1871 1Ss.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest
prices Of the leading stocks during the day.