The New York herald., 1870-02-19


showed a shade more activity the regular rate on
governments being five per cent and on stocks five
and SIX. Some balances were left over at FOUR but
that fgure to-day was exceptional.
FOREIGN EXCHANGE.
was steady, without change In rates.
Governments STRONG.
The government market resisted the bear,sh in
nuence exerted by the decline In gold and was 6rm
with moderate activity, gaining strength from
the announcement that the Funding bill
was made the special order in Congress
for Wednesday next. At the close the mar
ket was or the best figures, but still strong
Prices were:-United States currency skies, 111X
111A; do. sixes 1884, registered, l17s 11s; do. do,
coupon, 117& 11s; do. fve-twentes, registered,
May and November, ia 114h; do. do, 1862,
coupon do, 1I6 l161; do. do, 1854 do. do, ia
114h; do. do 1866. do. do., 114h 11456; DO. do,
registered January and July, l1s 1ls,s; do. do.,
1885, coupon, DO. 113H 1ia4 do. do, 1867 do. do.
113H 1135s; do. do, 1853, 40. do. 1136 113A
do. ten-fortes, registered, lo9h 109I; do. do
coupon, 1l2H 1l2x; gold bonds, Central Pacific
90 Q 96K.
SOUTHERN SECURITIES.
The market for Southern and state bonds was in
active and without special features closing steady
at the following fgures:-Tennessee ex coupon, So
81; do, new. 40 4s1z; Virginia, ex coupon, o. q
Georgia, SKIES, 81 SO; do, sevens. 90 q 90; North
Carolina, ex coupon 40 461l; do, new, 2s 2e14
Missouri skies, 9l 81; Louisiana SKIES 70 Y;
co. levee skies, 90 a 70; do. do. elgnts so q 50;
Alabama eights, "a 95; South Carolina SKIES, Sc
81; do, new, 70 80; City Memphis skies, 81 o 81;
Macon and Brunswick, guaranteed State Georgia,
80 50.
STOCKS HEAVY.
The stock market opened this morning with q
sharp decline in prices, but subsequently rallied
again towards the middle OF the day. gong or later
however, after the second CALL between which and
the close the lowest prices Of the day in nearly all
stocks were reached. Just previous dark another
slight recovery was manifested. the market leaving
on with this unimportant Improvement. 1t is grow.
ang more evident from yesterdays observation nat
the market is almost wholly without outside sup
port, and that the cQues have nearly unloaded and
are anxious to tempt short interest with view to
smother upward turn. At present there is nothing
upon which to establish any SUCH movement, the
speculative feeling OF the street peing tlmid and
the general condition Of the market unhealthy.
Nor while the outside public are thus indisposed
20 buy. which furnishes room TO anticipate very
considerable decline from present figures, Is there
either that courage to go short manifested which is
more than all what the cllIues most want now, 1t Is
very difncut In the absence OF the proper concord
between two great classes who make up the market
viz, those who dupe. and those who are duped-to
form any sort OF an accurate Judgment as to what
its future may be. very great deal VIII certainly
depend upon the character OF the bank statement
tomorrow The exceptions to the general course OF
the market were OHIO and Mississippi and New Jer-
sey Central. The former Of these to 31a. Both
are the subject OF independent movements. The
range Of prices OF the leading speculative stocks is
nhOWn I'm the following table,