The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-02-05

fRiDAY, Feb. 4-P. M-rhe Senate Funding
bin coming con"usrcutly with the Currency bill. tho
one being construed favorable to strengthening
OF the public credit. ami the other means OF
traction. has mad a d'pressint effect upon the gold
premium which submitted to further downward turn
ION 1904 to lcov closing at } +. NJ, at Iel9. There
has been but little effort to arrt the decline leading
operators seeming dispo-ei TO let take it,
course. Tho decline IN foreign exchange. together
with the advance Of ccit IN the price OF bonds IN
London have also tended alower range
prices The dealings have been active, and were con.
nued after formal adjournment OF the Room tho
nnal sale b"inx made at loY. The rates paid for hav
Ing gold balances carrel were g. 5H and cc,t the
latter being the rate af'er Clearing House The total
clearin-s at the Cold Exchange bank o. soi 900,
gold balances s137.ce. and currency balances
N,s5O7l. The rriacna quotations wcrei
% 4. M..... tfoN'i.,s r M....~lnS'tP N.......ie1k
Forcsn cAch.l'sc has been Ices l,iny hcli. gadcr 4
lmiol demand f1f b''s AZ tho close rrinc sNty days
m. quoted At in'A 500. Sih ,Ales g. i),k; SHIT
bills Of the same grade at iOyis slo9., and Commercial
sterling nt i,s'. 4lOf s.
Tho money continues - rule With great ease
and tuoil7uy u o1na1le mn-s Ia excess the do
mand. To borrowers On cal. On pledge OF UlHed
staes sccurue. the rates have been aud per cent
aud and per cent. when the Coatcfals consisted or
railway ana miscellaneous shares. Prime commercial
paper st meets with ready ale, choice dauoc nincs
ranging rom to Ter cent. and single name, from
per cent. upward, depending upon the grade.
Government bonds a. the opening, Ia sympathy with
the lower range OF gold quotations, dun and
weak, at decline Of TO cent. on tho latest ON
ciil nsures Of last ncht. The Use In bonds IA Lou
don. however. induced q reaction ut the midday
cal further Influenced bv the favorable construction
Of the Fundng bill II, effects were noticeable IN the
active demand for the long bonds Of Government
particularly the Gs OF 1851 and the eurreney Is
also the later Issues OF the M The bill IL regarded
with dtfnycr BY the atousl bank, us Nv ne proS.
". Ia Il A.
cent. for bonds bearing q lover rate OF Interest
Henry ciew' Co.. - " all street. report At SPIN;
o. ~ G.,...l.ia is t.os d eoao'..it iiiy
| ''sOs reg NI S.iiiE ~ .g. y o6''p.."n ~
| ~. =. oonn ~ i.4|l-l ''g....... le, 10 I,
,.51, IS coap'...iijs liz Gold boad Cii.i : ~
CITY bank shares active. with sa.es rs follows;
Pank u Commerce at 49, Metro 'oltAl. lN', Nor.
chants, ls3X rulton. lCli PhGllN. IOlO,: Fourth
National, lO2 Ninth Natona. lJJi Central National
III Bankers and Brokers AssociatioH At no..
state bonds have been active and strong the entire
lit; the Tennessees STEADY at 50, the Vi,
Advancing y cent. to S.; old vrglnlas cent. To
The negis @ "a ~ - h9p Ta9Gr lsyes sHS'
new North Carolina. ,o at y h'aN, OH south caro-
siana 'Ee' AZ 20 Log.sna leycc eight, At Ms.i. and
Central PAolaos were unusually active At 70 AID Onions
II the stock market railway share, have been rregu
lar and settled, with transactions on Icsillcled
bass. IT the uuguns prices weak. blt adNan
at the mt Board = 20 : cent, suh-equent rclc-
| ton vas however no,cd, though at the o'clock e,
| SION the general market arm. + ON this time Ia
the close the market was strong and advanced 1n,ly
leaving of at tho best prices 81 IN day. The priIcn
features OF specuation were Rock Island tGe Van rr
tni NOrt west. "A stocks Lake SHORE and lIen ling
Eocg leland ranged i4t to Nh ne la Ter he
the highest point cached snce rs elimination from inc
STOCK Exchange. The numJcr of sugrr- sol lctwrcl
the opc ing and the close amounted 10 apo New forS
| GENITAL s6c, Guctuated nciweeag andg't ,crlp, ~
| to9is Nol'hNe.lem common 7! 20 i!h ne prefer
red - ~ 20 siA Lac Shore "a 10 ~, and Rea In
80 olhN The 81. Pau shares firm, common adj
vanc,ng om - u IA, aud the procured ~ to n =
Ohio aud Mlssrsipa was quiet at ~, e9hS, Erie a. ~
and New Jeney Central a 9.lg@. chicaso and Alton
sold at l Ham bal and e. joseph Ut 1918 tile pre-
| frTret ~ Wi4 Columbus, hcagn, and Indiana Gen,
tlal at q Morils ami Essex At SiS New lorN AMI
New Haven at lSSAGliI. and Dubuque and siOuN CUI
nt 1919. The niece laneous shares were fcyert.h dlr
Ing the morning, but strong at The close. PBclhe Mall
tagged from q 20 NlS, and Aauro.H preferred from
lss to =. western Union 1c Cgtlph was nrtn NJ Sl
1s and Canton 81 80 ~ "; quicksilver was steady
| Water Power ~ iGA
la express shares Adams active and strong G,
to G4k and United states Ncak at AgS American bulI
ing 90 6i4 The Gnnna mrr NJ NJ the stocs nol'r N
Wells. Fargo %, Will held IN this city NOR
Closing prices at l.. Nj