The New York herald., 1870-11-23

ii $50 A. M ......... liz sP. M............. 1l1l
- NJ ..;:......... 1liA =: M;;...;;;,;,;.' iiiS
1908 r. M......... l1lT $3.50 +. Mo- HIS INK
In The gold loan market the rate ranged from
ono per cent for carrying to 104 for borrowing Tho
operations Of the Gold Exchange Bank were as
follows:--
Goia cleared 4s ovo
Geld baances i'"aa'oSs 'oaa ,Ss
Currency paan0eS. AsAs|t@oH
MONEY EASY.
There was a better deman6for money, and most
borrowers paid six per cent without hesitation; but
the transactions at live per cent almost as nu-
merous while outstanding loans at that rate were not
generally disturbed. The ratio on governmentcoi-
aterals was i've per cent as rule, but there were
the usual exceptions TO the large governments oeal-
ers. with whom balances were left at four per
cent. Commercial paper Is In request, prime names
more especially, money lenders having absorbed
the choice grades. First class acceptances are
readily negotiable at TX per cent.
FOREIGN EXCHANGE DULL AND WEAK.
The foreign exchange market was dull despite the
fact that 1t was tho day FOR tho largest rcmttanccs
or the week, aud rates were heavy on the basis Of
IO91s for prime bankers' sixty day sterling and ITO
for sight bills Sight bills were without demand,
and the latter quotation Ia nominal Sixty day prime
bills sold at i09,I. less 1-16.
GOVERNMENTS STRONG.
The government list was steady, with a lrm un-
dertone. The '67s aud '0ss were higher. The iml-
proved feeling due to the recovery In and moro
buoyant character OF the london market. The
highest prices prevailed at The close Of street deal
ings, when the following quotations wero made:-
United States currency skies, 11oal Ill; do 1851
registered, 1884 ll3ss; do. do, coupon, 1884 q
ll3ss; do. 1ve-twcntes, registered, May ana No
vemoer, lo7 1916 do. do, 1862. coupon DO, 1o7N
1915; do. do, 1854, do. do, 1O7 lO7H; do. do
1866, DO. do, 1071l q 1914; do. do, registered
January and July. 1o0,4 109h; do. do, 1885, cou-
pou, do 1o94 lo9;S; do. do, 1867 do. no., 109,s
109H; do. DO, 1868, do. de-, 1oe9l l097s; do
tenfortes. registered, 106i 1855; do. do, coupon
I06H 1063s
SOUTHERN SECURITIES ACTIVE.
The Southern list was moro active. and dealings
were well distributed. The Tennessees recovered
from the recent decline and sharply advanced.
while general improvement was established In the
several North Carolina issues. The South Carolina
July bonds were weak at the early board and de-
clincd to ~, but became active and strong in the
afternoon, when heavy purchases wero made at 70,
which price was bid ut the Close 1t is coincl-
dence, and very natural ono, perhaps, that the
Southern list has for the past month fiuctuated In
close sympathy with the cotton market. The
philosophers Of finance might base nne theory on
the fact The following were the final street quota.
tlons-Tennessee, ex coupon, 81 5s; do, new, 81
5sx; Virginia, ex coupon. 6s c5; do. Aew G3 Ga;
Georgia SKIES, 80 81; do. sevens, 90 u o.; do.
North Carolina, ex coupon, 4o3l Al; do, new, 23}{
24s; do, special tax, II Is; Missouri skies, ol7s
e2h; do Hannibal and st. Joseph, oi y 90; Lousi-
ana sixes II q 70; do, new, 6s 70; de-, levcc
sixes "a a "a; do. do, eights, 80 9l; Alabama
fvcs, 70 70; do. eighs, I02 l04; South Carolina
sixes 8S 90; do, new, January and July, 70 70H;
do. do, April and october, 67 60; Arkansas sixes
C3 q 65; do. sevens, 65 81.
STOCKS STRONG AND BUOYANT--ERIE REDIvIvUS
The feature OF the stock market was sudden re-
vtval Of activity in Erle which veteran c0urscr OF
the speculative race track has been stabbed for
nearly two years, and is now trotted out as one Of
the entries for the winter meeting OF 1901. or
course the is supplied with the usual points,
communicated IN whispers, that the Commodore
aud the Admiral have buried the hatchet; that tho
railway magnates of tine several rival lines are dis
cusgng plan for the elevation or freight and pas
senger tariffs, aud the like. The indications, how.
ever point to movement" In Erie, and the street
Il only glad OF pretext OF any kind to participate
In II, despite the record OF history, which
shows that more fortunes have been lost
and upon the fluctuations OF this stock than In
any other single share the list at tho stock Ex-
change. 1t is further said that q delegation was
sent to England to ser the olive branch to the
sterling stockholders, and for simultaneous move
ment at the London stock Exchange The cable
quotation to-day for Erie was 1873, against Tx few
days since; but this Improvement Is partially dic 10
the general recovery In prices there since the abate
ment OF the excitement concerning the GortcnaKoG.
Granville correspondence. The opening price this
forenoon was 23, from Which there was gradual
rise to 24ia-the movement involving the transfer
OF at least 10000 shares. Here retrogradc move
ment set In, and the price fell back slowly
to 2s1s, from which there was an advance to "a a
IL. Sf .1nn. n a.,
evening. The general Market which had been
heavy in the forenoon, caught tho contagion in the
activity In Erie and advanced, the highest prices,
outside OF Erie. being made at the close. The fol-
lowing were tho closing prices at the last session OF
the Stock Exchange:-Canton Company, 66h u 68,4;
Cumberland Iron, 10; Western Unlon 42ys 43is;
Msrlposa, TX; do. preferred, 1o's
q IL; Boston Water Power, IS 1e Ad.
ans Express, 65 05h; wells-Fargo Ex.
press, 80 bid; DO. scrip. ~ c1; American Ex-
press, 45k 40; United states Express, S6h
80; Pacific Mail, Ala Az; New York Central
consolidated, o2ts 92S; do. scrip, 867s S7H;
Erie. 23X 231s; do. preferred, 4s6 1871 Harlem
1872 o 132k; Reading 1914 a1O1;s Michigan Central,
12a; Lake Shore, % a 931s; Union Pacific, 49,.
231s; Illinois Central, 1s6h 1S57s; Cleveland and
Pittsburg 1861 106A; Chicago and North western,
70 7o<; do. preferred, s9,< 89t4 Cleveland. Co.
Iumbus Cincinnati and indianapolis, so s0jf; New
Jersey Central 10S 108; Rock Island, Ill u 11lk;
Milwaukee aud 81. Paul. 59as 59ss; do. preferred,
81 SIX; Toledo, Wabash and Western, SIX 52sx;
do. preferred, 70 bid; Fort Wayne o3s a4ls; Cni-
cago aud Alton, 1l4a1 bid; do. preferred III lis;
ohio aud Mississippi, siN 81; ST. Louis and Iron
Mountain, 47 . 47M; Delaware, Lackawanna and
Western, lO9H bd Morris and Essex, 0isi a eI,S;
Boston, Hartford and Erie 50 S,l; Hannibal and
st. Joseph, 1O53s 1oe1l; do. preferred I14h 11sA,
Columbus, Chicago ard indiana Contral IS q lss..
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest
prices OF the leading stocks during the days. ..
Highest Lo,cess.
New YORK Central consolidated... o2ts e2l
New York Central scrip. ............. STH S6a:
ririe. .'.s................... 2lA %
keading... 10lE lHl ~