The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-05-10

MONDAY, May 9-P. M.-Ths gold market has been
gu throughout the day and devoid OF the excitement
which had been anticipated Ne the result OF the late
election In France, reports by cable stating th Paris
Was 4" absolutely quiet" The opening price was lax,
IRON which IL carried up max on quite liberal
purchases BY German bankers later became steady
AZ ms the majority of saleA having been that
quotation. In the afternoon the market momentariy
touched lli, but anckly rallied lliS, again re.
acting 10 lliH, and 20 continuing TO the close The
rates paid for having balances carried were 4, and
a.. cent. the nna rate being s. The total olearings
al the Gold Exchange Bank were tS0l6 COO gold ba-
lAnces 1904 and currercy balances sS,9S2G. The
principal quotations were;
rs hhaiiiitsS az F. MMii.s MMiIII!!s
Foreign exchange has been dull though nrIn, under
limited demand, prime sixty days bills being quoted
al lO9h@lOsh sight at lGylSll0i and CONNER cia
loskGiOh. Francs on Paris dbankerJ were quoted al
5Iii 10 SiG& TO tue dollar for ong and DIS to 5l3l
for shorts the other Continental exchanges being with
out feature.
The money market has ruled exceedingly easy, the
sulny having been greatly In excess Of the demand
and capitalists experienced little difficulty In EN-.
poYing their fund at4 and cent on good collateral
large humber OF loans we're made at cent, par.
tculary TO the leading bond houses National
bank notes we've offered at Y cent for 80
days aud nat for 10 days the redundancy OF
this class OF currency being further aggravated by Tc.
cent T,mttances The banks were to-day negotiating
which indicates feeling among bank oic ais Of pro-
tracted ease in money. Discounts rule easy, choice
grades raising al y cent. or below regular bank
rates prime endorsed pass at 10 2. with higher
quotations for names less known The Treasury will
sell one million gold Wednesday aud buy an equal
amount OF S@ts on Thursday Tor the sinking Fund.
The government bond market has been remarkably
MN, though on restricted volume OF business tho
h. ncen HOoded Win sensational rumors from
Wa,hngon that Secretary. BouIwen would sue.
IA Iuu
sr.;'. lhsse we're not believed Ia wcllIhformci
qrmcc Of %iys and Means 70 dea" PeS port The
M ''' 80 !a.t u ne sea,on NAT coagress wal noe
@ an cr Belief mTar ed' afm nee to Inc
q! al street report a,Sr,M.; ' ~ ! N''"' - w.
I fP5 5 MS; 3D. 3D. g as A iiiiS
Is, e2rg. HibS M6ai5!O, ~. c,up...llsS lilS
co. SScS oap..loS. Ii DcS 1 oG e 2iS36 l$ g.
Sgns the leone'eee. ne old rising cent 70 or
t. 'eS Norfh s1S n aSd ei yrS,9ia, cent
mI,s'HlTi o. ,rh AZ gH@SH; south Caroiinas new
bounty bonds at S CIV 6 sank FLARES g ~ III? Snl
Of Gho and TS 81 sS and , s59q
S1 =; III a. ~ Sds q, ~ aud Union achcs at 81 Cen.
9SS , .:s as 1P &s aS 81
. The railway snare market opened steady At about
so. I[A ssn SS,sE prov oxs S9% dscl a. hs
sGe. sn roh Hn "a. P 4seeras 9 s sss ss
began. LAte in the day however, the narESt benane
heavy ana declined 10 ~ cent on Tie entire isi
though subsequently, reartlns traction and closing
steady. The leading feature was Lake Shore m Wpch
dealings extensive scale. The opening pr co
was zoos, from wliCht declined TO G91. adynced 10
look and later iel on 10 0k@lO0 Next In no NJ OF M
tess,t were ne NandsIeu' Aorthwesern. and So Paul
55R to gH renewal Of The ruD1r Of CON dalton
with Lake shore. New York Central stock ranged on
OHIO aud Mississippi 1jl g ~. Aorthweftern common
10 ioS the preisrEsd g On s. Pau eSp9 non
!elat. ktaaing was ln good demand and rose from
l0k 10 I0gH. later Welding cent Pittsburgh was
rn az 100 % 1904, Harlem being carried up from lkto
1Ak Pryag nom Boston having stated Inat
9 bnl advocating me granting OF the Massachusetts
Railroad Company. caused q sharp adyanra in that