The New York herald., 1870-06-07
GOVERNMENTS DULL AND LOWER

GOVERNMENTS DULL AND LOWER.
The decline in gold led to lower prices for govern
ments, although the market could not be called
weak. Holders show little apprehension concern.
ing the new Funding bill. The following were the
final street prices:-unted States currency SKIES,
11414 1143s; do. skies, 1881, registered, Hay
1l4 do. do. coupon, 1lss 11sh do. fve-twenties,
registered, May and November, 1ll1s ll1aS; DO
do, 1862 coupon do, liz l12t4; do. do, 1854,
do do, ll1h l11sS; do do, 1856, do. do, Ill y
llZ do. do, 1866, coupon, January and July, 1l3s
a 1l3x; do. do, 1867, do. do ia ll4h do. do,
1858, do. do, 1i3zs a ia; do. ten-forties, regis
tered, 1OS4 q 10s5s; do. do, coupon, 10s1s 1oS4
STOCKS DULL.
The stock market was exceedingly dull. Transac.
lions were confined entirely TO the clique brokers,
who put prices up and down on light dealings. The
Introduction OF the Funding bill rendered the
market feverish and weak in the forenoon, but on
the discovery OF the real tenor OF the prices
improved and closed steady, If not firm. Wabash
was the feature in the early business of the day and
ran up to 59%. Pacific Mall was the most ac-
tive stock and advanced to 43ss The Northwest
stocks were depressed by the declaration of a divi-
dend OF only two per cent on the preferred shares
result OF the heavy decrease Of earnings during the
past six months, the falling OF being about half
million dollars. In passing the dividend on the
common shares the directors have acted with more
honesty than the officials OF other lines whose stock
is largely dealt in at the board and who in the face
OF heavy losses borrowed money TO pay divi-
dends. Lake shore unsettled, but closed steady
and strong. Reading was neglected today. New
Jersey Central was buoyant. Boston, Hartford and
Erie was strong the anticipation OF favorable ac-
ton in the Massachusetts Senate tomorrow upon
the bill already passed by the lower house The
market toward the close was strong and the North
n "A
commentary on the buoyant power OF the spring
ease and abundance in the money-were quoted at
the best price of the day. The following were the
closing prices at the last session OF the Stock Ex-
change:-Canton 6S 10: Cumberland, 43; Western
Union 3l% 31l; Quicksilver 9}s; Marposa, 6l4 bid;
do. preferred 142l 49, Atlantic Mall, 80 32A; Pa
cidc Mail, 42s4 427s; Boston Water Power, II a
l74; Adams Express, 63& e45a; Wells-Fargo Ex-
press l57S 15A do. scrip, 80 81; American
Express, "A Az; United States Express 45I 46;
New York Central consolidated, 1917 a l0124;
do. scrip, e64 81; Harlem, l44 145;
Erie 23M a 231k; Reading 1O9 1O9A;
Michigan Central, l245S bid; Lake Shore, 99}s
eoh; Illinois Central, 1S91a bid; Cleveland
and Pittsburg, 1o9H bid; Chicago and North
western, s4 a s42s; do. preferred, 9l4 a
9l35: Clevelapd, Columbus and Cincinnati, 50;
Rock Island l21K a 12lA; Milwaukee and st.
Paul 66A a coz; do. preferred, s1d4 Sl5S; Toledo
and wabash, 591s 5ol4; do. preferred, 74k
bid; Fort Wayne, 952l 97k; OHIO and Missis-
sippi, AZ a 413s; Delaware and Lackawanna,
I1IA a f11%; New Jersey Central, llo]a iioA;
Chicago and Alton 1l3 a 1l9; Morris and ESSEX "a
bld Hannibal and st. Joseph, 1lSk 120; do. pre-
ferred III l1s4; Iron Mountain, 46A q Al; Boston,
Hartford and Erie, 5z a 59s Columbus, Chicago
and Indiana Central, 1873 1sA.
HIGHEST AND LOWEST PRICES.
The extreme fluctuations in the leading specula-