The New York herald., 1870-06-11


operations Of the Gold Exchange Bank were as fol-
| lows
Gold cleared. .$33 2s4 GOO
Cold ~
currency balances. iIoo'oos
BY a recent amendment to the constitution the
Gold Exchange will adjourn al three p. M. during
the summer MONTHS and the Gold Room Will be
closed on saturdays at that hour.
FOREIGN EXCHANGE WEAK.
The foreign exchanges were nominally steady on
the basis Of 109s 109z for prime bankers sixty
day sterling bills and llOh 1l04 for sight, but fre-
quent transactions al the lower figures were reported
In the afternoon, which had the effect OF weakening
gold 10 1l3l4
THE MONEY MARKET.
Lenders find less dificulty In obtaining five per
cent on call loans with pledge Of miscellaneous col
aterals. although business is about equally divided
between four and five per cent on stocks. Inc lead
| ing government houses are exceptionally accom-
modated at as low as three per cent the move
ment of currency is against the city in recent ship.
| ments, but the amount sent away Is trihing CON-
| pared to the resources OF The banks.
SOUTHERN NEUTRALITY-SUSPICIOUS. ACTIVE
The dealings in the new Tennessees were again
very large, and the price uctuaed between the ex-
tremes OF 61Z and 90. The shortn interest was ex-
tensvely covered In the rise OF the day previous, and
the price fell of in consequence. The fluctuations In
these bonds purely speculative that the public
should leave them severely alone as the best way OF
defeating the clique who are now manipulating
them. The general list was steady and dun, closing
| as folows:--Tennessee ex coupon, GA 64H; DO,
| new, 6l% a 81; Virginia, ex coupon, 80 691a; do
new, 6S 6SA; Georgia skies, Ss 90 do. sevens, 90
| 96; North Carolina ex coupon, 4S 4S1s; do new
| 24A 25; Missouri skies. 94 94A do. Hannibal and
st. Joseph, 94 94H; Louisiana skies, 76s u; do
levee skies, 75k 76; do. do eights, 921s %; Ala
bama eights 1O1 1902; do. fves rs us; South Caro-
| lima sixes 90 a "a; do, new, 81 S2A; Arkansas
sevens, 751a a 70.
GOVERNMENTS LOWER.
The government list was unfavorably affected by
the weakness OF the gold market and prices declined
| about quarter per cent. The market showed the
general dulness OF the day. The following were the
final street quotations. States currency skies,
| 114H q 114h; do. sixes 1881, registered, ll4A a
| l14H do. do, coupon, 1lS 11SA; 90. nve'
| twenties registered, May and November, 1llb a
11l2S; do. do 1862, coupon, do 112 l121s; do do,
1854 do do, 11l3s ll11S; do. do, 1885, do do, 1ll
111x; do do. 1885, coupon January and July, ll3ss
1l3A do do, 1867, do. do, ll3sl 1ls7s; do do,
1885, do. do. 1l3A 1885, do. ten-forties, regis
tered 1851 10Ss<; do. do, coupon, 10s1s l0sS.
THE STOCK MARKET DULL.
The stock market was dun and devoid OF novelty.
Prices were in the main strong, but very irregular
Reading and the Vanderbilt shares were heavy and
| lower while wabash underwent decided reaction
from its recent advance. Erie sold at 22-the low
est price since the panic of ls69ts weakness being
| due to heavy market in London. western Union
| also reacted nearly one per cent. The strongest
| stocks were Rock Island and st. Paul In the rail-
| ways and Pacific Mail in the miscella-
| neous shares--the latter advancing to 4bA.
| The Northwest stocks were steady, despite
| further decrease In earnings. Indeed consider
l of tf,a lfvtd m a
shares and the declaration Of only two per cent on
the preferred and the enormous decrease in the
earnings OF the road during the past eight months,
| the strength and buoyancy Of Northwest are
| really miraculous. They conf0und all the Old
| fashioned ideas and rules that guided prices and
investments. The following were the closing prices
| at the last session OF the Stock Exchange:-Can
| ton, 87H 80: Cumberland, 43 Western Union
33A 3sA; Quicksilver o; Mariposa TX 9; do. pre-
| ferred, 10 II; Atlantic Mall, 35X 352l; Pacific
Mall, AK As; Boston Water Power 1873 bid
| Adams Express, e3ss 81; WellsFargo Express
| 15sz a 1913; do. scrip 31S; American Express
| 45 a 46H; United States Express, 463S bid
| New York Central consolidated, lOOx a 1OO%
| do. scrip, 95A a 96; Harlem, 1441s l44as
Erie, 80; Reading, 1861 l07; Michigan Cen
trail 1851; Lake Shore, 9szS 90; Illinois Central
14OA 14O%; Cleveland and Pittsburg, 11o1S 11O14
| Chicago and Northwestern, S4H 66M; do. pre-
| ferred, s21& e2A: Cleveland. Columbus and Gin
| cinnati 80 bid; Rock Island, 121H 1918; Mil
| wauKee and st. Paul, 6s1S 6SA; do. preferred
| s2X S2<; Toledo and Wabash, 61sS bid; do. pre-
| ferred 75; Fort Wayne, 90 a 97X; Ohio and Mis-
sissippi, Az a 41S; Delaware and Lackawanna, IL
| 1l1k; New Jersey Central 1l09s 1loN; Chicago
and Alton, l1SX; Morris and Essex lex. dlv) 91h
| s2 Hannibal and st. Joseph, 1ls 100; do. pre-
ferred, 119; Iron Mountain, Az bid; Boston, Hart
| ford and Erie, 81 51s; Columbus. Chicago and In
diana Central, 2oH 2Oh.
| HIGHEST AND LOWEST PRICES.
| The following shows the highest and loves
prices to-day for the leading speculative snares:-
| highest. Loacest
| New York Cen. & Hud. consolidated. 1905 1909
| New York Central & Hudson scrip. 96 95zl