The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-08-04


MONEY EASY.
The rate on call ranged from to per cent ac-
cording TO the class Of collaeras and standing nj
borrowers. Five per cent was about the average
rate for the bulk OF business
FOREIGN EXCHANGE
was fairly active, and rates closed firm but I'M
changed from those previously quoted The recent
decline In rates is attributed to the sale Of bills
drawn upon London In furtherance OF the negOtia-
ton OF loan OF 100000 pounds sterling The muni-
cipality OF Boston by the Barring Bros, OF London.
GOVERNMENTS STRONG.
Tue advance IN gold combined with the seadi.
ness OF dve-twenties In London, Influenced better
prices for the government list, and there was gen
eral improvement at the last board Of eighth to
quarter per cent. The market strongest III late
street dealings, where the following prices pre-
vaied:-United States currency, skies, 1lOA a Ill;
do 1881, registereu, 1l316 1875; DO. do coupon,
1885 1885; do. fve-twentes, registered, May
and November. 40 110h; do. do, 1862,
coupon, do, 11o1t Il 110A: do. do, 1864, do.
do, ITO 1l0h: do do, 1865, do. do, 1IO1.
1104; do. DO. 1885, coupon, January ana July 1887
09 do. TO-, 1867, do do, 1885 10954; DO. DO,
1858, do do, 1895 I092t; do ten-forties, regis
tered 1885 l04; do. do, coupon, 107 1919.
STOCKS DULL AND WEAK.
The stock market opened strong, but dull ana was
with an advance in Rock Island to ia, which is Oh
The programme, according to rumor, for scrip
dividend in anticipation OF the operation of the new
State constitution OF Illinois, which goes into effect
this month ana prevents the issue Of stock divld-
ends In future except for valuable consideration.
AS, however. the company have the right to sell
$1,000 600 more OF their stock in enlargement OF their
capital the street grew dubious TO the reliability
Of the point" and the price reacted to llSys stimuli
taneously with Il general decline ensuing upon the
news that the French government intends TO make
the new loan spoken of above. The transactions
were below the average, and the tone OF the market
dull and unsettled. The lowest prices made
toward the close OF the day. The sharp decline In
Pacific Mail on Tuesday was due To the sales of
stock 10 close out the account OF Of the officers
of the Central Bank of Brooklyn-an institution
whose failure recorded yesterday The follow
Ing were the closing prices ut the last session of the
Stock Exchange:-Canton Company, o. Consolida-
ton Coal, 20 30 Cumberland Iron, so IL 4O
Western Onion, 3i1& 3s3s Quicksilver. bIG
MarIposa, "a o. Boston Water Power. Is; Adams fix-
press, e. q 67A; Wells-Fargo Express, - ia}i;
do. scrip, "a 27s; American Express, AZ
431s; United States Express, Al A.;
Pacific Mail, 80 3et. Atlantic Mall, 80; New
York Central consolidated 92 e2t4: do. scrip.
s7s1 IS; Erie 81; Harlem. 1872 a 1884, Reading, s53.
904 Illinois Central 1925 bid; Cleveland and Pitts
burg 1887 bid; Chicago and Northwestern, So.
bid do. preferred, "a a s4,s; Cleveland, Co
lumbus, Cincinnati and Indianapolis 77l, So
New Jersey Central, 1905 q l00hi: Rock Island,
1l391 ia: Milwaukee and ~. Paul 5ais sly:
do. preferred. 151l rs: Toledo, Wabash and
Western, 49, 49,: do preferred II bid: Fort
Wayne, 81 93a; Chicago and Alton, ll6 bid; do
preferred, lie 100; OHIO and Mississippi. 80.
33t4: Delaware Iackawanna and Western, 1919.
IO5; Morris and Essex, s9]l Ses Boston, Hartford
ana Erie 81. bid. Hannibal and st. Joseph, l05
107: do. preferred l07 i09ai; Chicago and In
diana Central, Il y. a 1874.
HIGHEST AND LOWEST PRICES.
The following shows the highest and lowest prices