The New York herald., 1870-02-05
GOVERNMENTS LOWER.

Ourreucy balances. eS......s................ I385O72
GOVERNMENTS LOWER.
The favorable reception which the Funding bill
has met at the hands OF Congress was interpreted in
the street as indicative OF its final passage Its pro.
visions are received with great favor In financial
circles and the sliding scale Of interest rates on the
three classes OF bonds is deemed very successful
stroke Of financial policy Governments OF the issue
ilkey 10 be redeemed are lower to-day "a conse-
quence OF this state Of AFFAIRS while the 81s the 67's
the ess and the ten-forties are steady and would
perhaps be strong by contrast were It not for the
unsettled feeling In the gold market Europe evi
gently approves OF the funding measure, for ve-
tWenties IN London nave advanced nearly half per
cent The latest street quotations for the govern
ment Hst were as follows:-United States currency
Skies, lllH nj do skies, 1884, registered, ll71
lis; do. skies, 1881, coupon, us 11sh; DO. fve
twenties. registered, May and November, 114yS
ll6: do. do, 1852, coupon, DO, 115 1151&; do do
1904, do. DO, 1l47s lis; do do. 1896. do do,
1141s 115; do. DO, registered, January and july
1854 la; do. do, 1865, coupon, do, Il3A
1la2s; do. do, 1851. do. do, l114 O 1l4%; do. do
1865, do. do, ia l14h do. tenfortics registered
lo9 lV9i4; ao. do, coupon, 112H 112k.
THE LADY STOCK BROKERS.
Mesdames woodruff, Clanin & Co., the enter
prising ladies whose debut in Wall street was
lately described in our columns. have leased fine
place, whe re they will, on and after Thursday next
conduct general stock brokerage business. The
apartments are handsomely furnished and thor
oughly provided for the business besides being
quite convenient to the Stock Exchange the quota
tions of whose sessions viii be regularly and con-
stanty transmitted by telegraph the offices Of the
fair brokeresses. 1t IS not stated whether their
branch Office at the Hoffman House will be discon-
tinued.
STOCKS IRREGULAR, BUT CLOSE STRONG.
The tendency which stocks have lately manifested
toward cutting loose from gold and moving
independently OF the precious metal was
quite decided to-day. The Hbull" cllques In
stocks who have abandoned gold have been
seriously embarrassed of late by the sympathy
which the two markets have shown with each other,
and hence the effort which they are now making to
dscOnnect the two as the heaviness OF gold under
the programme at Washington has tended to inter-
fere with their plans. 1t was at first argued that
steady market in the one beneficial to the other;
but now it Is contended that lower price for gold
does not mean depression in stocks. At the opening
OF business there leaven OF yesterdays heav-
ness In the market and some stocks were weak,
North west comaon selling as low as r. From this
point however, prices took an upward turn and the
market became strongly active, especially In the last
half hour Of sidewalk dealings. 1t is hardly neces
fluctuations and the closing prices given further
on. Rock Island was "worked" by heavy sales OF
puts" at prices about two per cent below the mar
ket. There was the same disposition to bring out
new fayoitos. and Terra Haute the otest object
of speculative attraction. In the miscellaneous list
Carton sold at 60 ana Pacific was active and rose to
Az. The express stocks were strong and higher.
except United States which declined 10 4011 the
directors having yesterday passed the dividend,
while continuing to withhold their signature from
the recent agreement for a division Of routes. The
first election for nine directors OF the Wells Fargo
Co. Express Company under the consolidation takes
place tomorrow. The Board will probably consist
OF five gentlemen from New York and four from
California. The question Of removing the chief Office
to San Francisco has been agitated but for the pre-
sent Ii wll remain III this city. At the close the
Central Pacific bonds were active. and 95 was BID
the st. eet. The following the closing prices Of
stocks at the last session or the Stock Exchange:
Canton, 5Ssf 59K; Cumberland, 32% SO; Western
Union 3o31 bid; Quicksilver, Is 151s; Naposa, OK
TO- do preferred, 1914 a1eH; do. certificates As so;
Pacific Mail, 4O% q 4o5s; Boston Water Power, 16 a
161s; Adams Express, 81 bid; wells-Fargo Express.
2o1a 81; American Express. 3716 37zS; United
States Express 40 494; New York Central consoli-
dated, 973s 971S; do. scrip, Oh a 94js; Harlem
1881; Erie, 24 25; do. preferred Al bid; Reading
0e4 q 9812; Michigan Central, 11S1k 1lo; Lake
shore, s5b q S54; Illinois Central, 1877 1873;
Cleveland and Pttsburg, o. 93; Chicago and
.2tS 723S do preferred, Ss1i sS7s;
Cleveland, Columbus and Cincinnati 73H "a;
Milwaukee and st. Paul, 721; do. preferred, sG2s
a 88}a; Toledo and Wabash, 4e1l 461a; do. pre-
ferred, 10 o 73h; Fort Wayne, SO so14; Alton
ana Terre Haute, ak 20; do. preferred, IS So;
Ohio and Mississippi, 2611 2eh; Delaware and
1o5 1861; New Jersey Central oS2s
bid; Chicago ana Alton IA a 145; do preferred,
las bid; Morris and Essex, sG14 s6a4; Hannibal
and ST. Joseph, 1O7X a 1919; do. preferred, 1917
Io7&; Dubuque ana Sioux City, 1857. q loo; co
lumbus Chicago and Indiana Central, 2i.
HIGHEST AND LOWEST PRICES
The extreme fluctuations Of the leading specu-
lative stoc ks were as follows:--
Highest. Lo,cest.
New York Cen. Il Hud. consolidated 97% ~
New York Central and Ilud. scrip. o44 81
Erie Observation-Disclosures. % 21A
Reading. .......,.,............. 96M o6X
Lake ShOre. re.......,.............. o0fB olis
Pittsburg. .......................... 93T 92
northwestern. OBSERVATION-DISCLOSURES. 725s az
Northwestern preferred. So's SsI
Rock Island d...................... 111h 114&
Fort wayne. e........................ 694 80
and st. Paul ........... 73 70