The New York herald., 1870-11-15
FOREIGN EXCHANGE FIRM.


There was far demand FOR sterling, and rates
were steady but firm, closing rs follows:-Sterng,
SIXTY days. commercial, 1854 u 1OsT; good TO prime
bankers, 109 l09M; short sight, 109s4 109I; Ant
werp, 5.221S 5.16z; Switzerland, 5.1sA a 513I;
Hamburg, S5s a 3eT; Amsterdam, 4ol Al;
Frankfort, 4oss 41ts; Bremen, 7S's 70; Prussian
thalers, II a Tx.
GOVERNMENTS WEAK AND LOWER
The sudden decline In hve-twen!ies at Lcndon
produced fall Of about half per cent in domestic
quotations, the market at times being weak even at
the lowest hgures The advance gold Mt length
eounteracted this weakness and prices gradually
improved. When finally the whole Lon
DON market was announced strong again,
the '62's rising from s7n TO SsT, gov
srnments closed drm but steady, their upward ten.
dency being now checked by the decline In gold
The result OF the two different influences OF The
London quotation and the price OF gold Is very
puzzling and requires the banker to keep pencilng
away constantly In order to discover the price at
equilibrium. The final street prices TINS evening
were as follows:-UnIed States currency stxes 11Ih
a1l11s: d., 1884, registered. 1l314 1l3s; do. do,
coupon, 113A ll31a; do fvetwenties, registered,
May and November, 1O7 o lO7A; do DO, 1862,
coupon, do, 1885, 10si; do do, 1854, do. d0 107
1o7b, do. do 1855. do do, 1913 lo7k; do. do,
registered. January and July. l09,< 1927; do do,
1861 coupon, do 1895 looh do. do, 1861 do. do.
lo93s 1o95; do. do, 1858, do do, 109% 1897; do.
ten-orties. registered, 1867 lcs; do do, coupon,
1867 O 1861.
STOCKS FEvERIsH AND WEAK.
The stock cliques In pursuing their policy OF
'mikng the street, started q general selling
movement and Induced fresh and heavy addition
TO The "short' interest The cllques were never SO
rich or powerful. The market Is wholly In their
power. Whatever anxiety they experienced during
the fall months when money has been usually active,
a Inv and fnQy GRO In ha mi dar.
Ing with the prospect OF an unlimited supply Of
money at low rates throughout the winter. points"
are gwen confdentiaily TO sell everything on the
Inst. They are now milking the street" 10 double
their profits and to keep the short' interest alive
To-day they purposely lowered the market q half
to one per cent, as was anticipated in the HERALD
this morning 1t Is their plan to nurse prices
within a narreH range, not running them down
sufficiently TO make 1t an object with the "shorts,
to cover. but by rendering everything generally
.blue TO keep alive and expand the .'shorp' In.
terest This condition of affairs relished by the
brokers, who have lots to do. The agitation and
frequent fluctuations stimulate the temptation TO
speculate. The old operators are returning to the
street TO take o hand In when there Is 50 good
prospect OF quick '.turns.' The following the
closing prices at the last session OF the Stock
:-Canton, GO a 60; Boston water Power,
sa1s5z; Wells-Fargo Express, 34}4 35l4; Adams
quicksilver a G; Mariposa, ga 65s; do. pre-
ferred, 1ol 1919; Pacific Mail, 417s AZ; Western
Union Telegraph, 4C5. 41s; New York Central
s26 a924; do, scrip, 81 S7s; Erie, 22Ts %; do
prefe red, AZ a 4S1; Harlem, 13iS 1856; Reading,
1913 l0l]s; Delaware, LacSawanna and Western,
l004 ITO; New Jersey Central, 1881 1o97S; Iron
Mountain, Al a AK; Morris ana Essex, 9lh a 02;
Hannibal and ST. Joseph, 1895 10; do preferred
ll8 a 1lSs4; Toledo and WABASH, 81 o 521s; Chicago
Lake Shore and Michigan Southern. 933s 931s;
Milwaukee and ST. Paul. 595s a 60; d.. preferred,
e0I S0ss; Boston. Hartford aad Erie SO so; Ohio
and Mississippi, 32h 32's; Fort wayne, 81 9l2s;
Michigan Central 12)ss bid; Cleveland and PItts-
burg 1861 107; Rock Island. 113 13s: North
western, 792i a SO4; do. preferred sax So2i; lii
nois Central, 1356 10; Union Pacific, 23sS 23si;
Cleveland. Columbus, Chicago and Indianapolis
s0]z a S01l; Columbus Chicago ard Indiana Cen
tral, is4 1871.
HIGHEST AND LOWEST PRICES
rhe extreme fluctuations In the leading specua.
tive shares shown In the following table,
: HtQheSt L0,ccSt.
NN