The New York herald., 1870-09-07


CuIrenCy Dalances.. ................... l,lu3,Z ,Zot
MONEY IN BETTER DEMAND.
The banks and capitalists reported O better de-
mand for money, but no leans on call were recorded
at higher rate than Six per cent although In
stances were reported at seven, but could not be
definitely traced, and, If OF real occurrence, were
purely exceptional. The government dealers were
supplied at five per cent, but some outside borrowers
pledge OF government collateras had to pay six.
In discounts there was no change, and quotations
were still wide.
Foreign exchange was strong and fairly active on
the basis of 1ooss 1osN for prime bankers sixty
day and I10H 110ss for sight sterling bills.
GOVERNMENTS LOWER.
The sudden receipt OF the London quotations
showing decline OF between one and TWO per cent
as compared with Mondays prices, and OF which
the street had been deprived meantime by the pros
tration Of the telegraph wlres led to decline OF
quarter to half per cent in the quotations here the
emaller fall, as compared with London, being
due TO the really firm undertone Of the home mark ct
in view Of the large reduction OF the national debt
and the prospective large purchases Of the Treasury
this month and in tho interval to midwinter. The
market was better in the afternoon and on the
prospect Of peace closed strong at the following
quotations:-United States currency skies, 111H o
a 1l1I; do, 1881, registered, ia 1l4H do de-,
coupon, ll4I d ll2Sg 40 ufS.bWcuIes, rcBlSteTcu,
May and November, 1l1A Ill Il; do. do. 1902 cou-
pom, do, 1l2A 1l3; do. do., 1854, DO. do, 111A
ll1a do. do, 1866. de- do, 1111S l1lS; DO. do.,
registered, January and July, ITO l1oX, do.
do 1866, coupon, do, 10 11o1; do DO, 1867 do.
do, 1l05& 11014; do. do 1868, do. do 1loE 11e,;
do ten-forties, registered, 1o5A LOG; do. do ceu-
pom, 1864 LOG.
STOCKS FEvERIsH AND UNSETTLED.
The stock market opened heavy, but afterwards
improved with the decline in gold, and prices ad-
vanced TO about the best yet made the reaction
from the decline In the summer. The hardening Of
the money market and the unsettled tone OF tho
foreign markets seemed to challenge speculation
toward the close, and prices fell or but remained
steady, at stage about quarter per cent below
the highest of the day. The action Of the recent
meeting OF the stockholders Of Wells-FargO Express
Company was made manifest to-day by notice
from the officers to the Stock Exchange Of their IN
tention to reduce the capital stock of the company
frOm $4,000, 900 to S5000,0o0 by retiring 100, 600
shares. They propose issuing one share OF new
stock for every three shares Of the old. The ola
transfer books are 60 be closed and the new stock
Is to be issued on the 10th proximo.
The following were the closing prices at
the last session OF the Stock Exchanged
Canton Company, 81 bid; Cumberland Iron, 80 40;
Western Onion, "a S4X; Quicksilver, bid;
Mariposa, 81 a s1s; do. preferred, 1o1; Adams
EXPRESS 66A 81; Wells-Fargs Express, 12 o
13h; do, scrip, 21s 2H; American Express,
H1 419S; United States Express, AK AZ;
Pacific Mail, 4OH 4o'4; New York Central
consolidated, e6 q 964; DO. SCRIP ok a DIX;
Erie, 2sH 23%; Harlem 1884 14o; Read
ing, 81 u 974; Lake Shore, 83]t 93K; ILL
nols Central, 135 q 1877; Cleveland and Pittsourg
105 105A; Chicago and Northwestern, 50 83;
do preferred. ss9S sss; Cleveland Columbus, Gin
cnnatl and indianapolis, 7oM slH New Jersey Cen
tral, 1921 1925; Kcck Island, 113s 113M; Mlwau.
kes and St. Paul, o2X a e2zi; do. preferred, so a
son; Toledo, Wabash and western, 62H 52x;
Fort Wayne, 9l4 95; Chicago and Alton, l12X bid
do preferred, 1885, ia; Ohis and MssissippL S41I
80; ST. Louis and Iron Mountain, As bid; Delaware
Lackawanna and Western, 1Ol16 1OlI: Norris and
Essox ss5s a 50; Boston, Hartford and Erie, bid
Hannibal and 50. Joseph, l13A l13H; do. pre-
ferred, li5 1854; Columbus, Chicago aud indiana
Central, Is 1877.
HIGHEST AND LOWEST PRICES.
The following shows the highest and lowest prices