The New York herald., 1870-01-13
FINANCIAL and COMMERCIAL,
,, WALL SrRBKT, /
WEDNESDAY, Jan. I2-S p. M.

WALL STREET.
WEDNESDAY. Jan. 12-6 Pm.
Wall street made up for the excitement OF yester.
oaJ oy being dull and heavy TO- day. In
THE GOLD ROOM
some curiosity felt as co whether the ns
the Cold Bank would make a further demonstra-
zion, put they did not, and business, which 1t was
Inought would become active with the settlement OF
tne question. became sluggish. The ciearances for
tne swo GAYS were promptly effected this afternoon,
And the machinery OF the gold speculation Is again
IN running order. The friends OF Mr. Marvin have
Deem agitatng separate dealings in gold and great
Ceal OF the business to-day was done outside the
Clearing House. AS the Governing Committee OF
the Stock Exchange assembled this afternoon ir was
rumored chat they intended revivng the question or
calling gold az the Board and dealing in 1t In the
Long Room, but without foundation, as their meet
ing was the ordinary stated business session. In
tne afternoon. upon the news or Senator summers
speech gold broke l2lS the decline being assist
Cd BY the general impression that the tender OF
100000, gold to the Clearing House by the Marvin
BroIners was an evidence that the clique had un-
loaded. Again, there was more active demand Tor
cash gold, aud as low as three per cent was paid for
carrying
THE STOCK MARKET
was Irregular and, In the main, depressed. The
emount OF business was far below the average OF
tne previous DAYS OF the week. The ciques II not
sshort" are out OF their socks and prefer to let the
market settle to lower figures before buying back.
But the outsiders who have taken their stock are so
sanguine that the general character OF the market is
Dulllsh" that they are not easily induced to SELL par
ucuiarly as the money market presents no signs OF
stringency. The tndisposltlOn on the one hand to
puy ana on the other TO sell rendered business
dull. The decline was most marked when gold
sold down to 121A. Exceptionally New Jersey
steadily advanced from 964 to 97sS and was not Of
iered below 9S at the close. Erie was especially
weak and fell to 221s, though the reason not as
signed. In the express stocks Adams and United
were strong, and advanced.
THE GOVERNMENT MARKET
was closely sympathetic with gold, being steady at
the boards, but going OF IN subsequent street
actions, when the following prices preyailed:U
States registered, 1884, 1l74 49, do. sixes 1884,
pom, 117s 11S%; do. fve-twenties registered, 1862
1l6H l15%; do. rve-twenties, coupon. 1852, 116 q
ale>s; do. hve-twenties, coupon, 1854 1loss 115x;
40. nve-twenties, coupon, 1885, 1865 a 1861;
DO. fvetwenties, coupon, 1865, January and July,
a14L 1l4H; do. fivetwenties, coupon. 1857, 1l4H
714N; do. nvetwenties, coupon, 1868, 1l4X a 1l4x;
do. ten -f0rtles, registered, 1l1a 1l1I; do ten
forties, coupon, 1l3 1875; do, currency bonds,
109X a. l091s.
THE MONEY MARKET
was easy at seven per cent for oil transactions up to
two O'clock but after that hour lenders were In the
majority, and the rate on call was quoted six to
seven per cent, the former being the figure prime
COllaterals or to good houses with the ordinary
Dollaterals Commercial paper was without special
feature.
THE RANGE OF THE GOLD MARKET
The chief fluctuations In gold are exhibited in .he