The New York herald., 1870-02-23
FINANCIAL and COMMERCIAL.
WAL sr.vvr
rrEspaY. Feb. "a, $50. ,

have ssen Ia the aabt of flinx down 10 the street
q SAGA days sad extemporixinx a marksr In the
God Ai"J' or Al the pofIlco or the stock Ex-
esanss; bar today Broad AMI Wall streets we're as
suies ~ on sunday
CURIOUS COINCIDENCE
Ts-dsy the quotations for nvetwcatics In London
cane So, Which 10 the highest prcc ever made In
the ioFeiga market-a rather curious colncidence,
considering be Circumstance and ihs day.
cossEss> ANp rae crRaEscf-sf0css AID GOLD.
the aaAn al wisdom os Congress which had been
lying dormant for souis weeks burst out afrcsn
honcay "a the form OF action oa tue resolution to
sutnorixs ana dGrest the BANKING Gonnitses OF tue
House to provide feT nfiy mllions additional cur
rsncy. Ihe nouss adJoarnei soon aues; and A. the
senate wss 80 unpairiouc. or rataer very pasri-
oc. ~ work today. 40 are ritaoai further infog
nation from Inc one Dut assured ir1ul tae other
thai NO such Dali can pAsa tne upper house. II was
N the maadls OF Trying 10 comprehend The matter
tnst the markets closed un Monasy. Toe operators
In bola the Cod Room ami stock EXC ChAngc made
free use Of lae teisxrans TO confuse aad cylioaaa
tss public rla relerenes ~ the situation Of shs
proposed measure, and m the outset unoaded .
great deai VI ssscx and gold upon the impression
tAAs Congress had saNea satden and bad s.cp Ia
tns dnecGon ei laaallen. We are now loid The ball
has no cHsacs In tue senate ana tns ''oatsiders''
who were tempted TO hug stocks on Monday,
In expectation oi sharp advance will. after having
The privilege Of carrying sucE siocks over the bo-
aay, 10 asssiicd by tae same e.qaes, with view %
forcing tncgn 10 lot 60 A. decline. n IA aicu 10
tell ho~ Lar the cliqaes have already Dougas bacs
tue stocks whlcn taey realized upon last week: but
~ prlces deciiaed very mach. tne puolic
being hsisnat- and noner easy, tues wll not
the worrying and Daissng process anul th-y and
snar the dsiIt Of me gen rs caarsa 100 strong TO
submit 10 their efforts its direction should
they faal "a VIA not 10 the nrsg that thc Wall
street combinations after setting she machine IN
motion have Veen oserran wacn they attempted 10
turn a., other way. Inc action 81 gness vas 10
tnis sp,cla. instance very ingeniou.is used. Tae
rapidiiy with which the older operators can make
a naak movement would 40 credit 10 Cezeral Grant.
In the Goa Room q very fever.sn state "a AFFAIRS
was tho re ailt. Tne price nactaa.ea between the
extremes OF llsaa a 49,. closing nnasiy Al Ils'.,
the great mass OF dealers bong uitsri, paz1lcd To
interpret tas news.
LATEST rnIcKs or STOCKS.
This following were the nnAi street prices
Monday evening for the more active stocks:-~
New YORK central ana Hudson stocks s7Na %; 40
scrip, o.. s5l; Harisn, lao . ls7; Eric. 9T .
27i4; Roadinz sSS 9oA; Lake shore, ~
. ssh; WABASH. E4 E6: rittsburg. io9 .
1924; Southwestern. ~. . s.'.i DO. pre-
ferTed. s9al ssA Rock island, isos
. 1905: Fort wayne 81 o2i4; Milwaukee and
st. Paul. ca. IS; DO. preferred, ssa ~; onio
and Mississppi 3ln a5ias New Jersey Centrai l0aA.
. l0s,s Western Union Telegraph, sil q Is;
Cumberland, 33h 81 Quicksilver, IA lah;
Pacinc Mail az . AK; Adams Express, 0sAs . ss;
Wells-Fargo Express. 2iS aiA; American Msr
chants Union Express. 3s 3sis United states
Express, sax 5sh; Canton Company. ssA ss9.;
Illinois central, las la5ss; Michigan Central, lei
bid; Aarposa, 10 loJ4: 90. preferred. "a 22'a.
THE GOVERNMENT MARKET
account the advancing quotations An London ana
Frankfort counteractlng the effect OF the decline In
golu. The latest street prices were fol-
lows:-- United States currency skies, INK .
NIX; do. sixes 1881, registered, 1lsA il7y.; do
do, coupon, l17A ll7,s; DO. nve-twentes, regis
tered, May ana November, ia l1sia do. do. ls6e.
coupon do, 115s 1853. do. do. 1854. 90. do llss
= 1i43S; do. do 1866, DO. ao ll4is f14A.; DO. do
registered, January and July, ll3t. ii3A4; DO do
1896, coupon, do 113h 1l34; do. c0, 1867, do do.
1i311a l1Sss; do. do 1865, 40. do., ll3,. ll3s.;
do. ten-iortes, registered 10sA q 1895; do. do.
coupon, 1lo]1 1l2a1.
THE GOVERNMENT PROGRAMME ron THE WEEK.
In accordance wien the programme announced by
Secretary Boutwell, at the beginning OF the month
the government viii tomorrow, At tho Sub-1rcasury
sell one million Of gold, aud on Thursday purchase
million Of fve-twenty bonds This sale and pur
chase will conclude the programme for February.
THE KxP0Rr5 OF THR WEEK
The following Will show the exports exclusive OF
specie from New York to foreign ports for the week
ending February ~ and since the beginning OF the
year.
For the week. s2,9es,s19 50, POLITE sa2os,7ss
Previously reported. 20665.S71 2o,ss4 lls
since January 1.s25 l2s $2s s2s IA s2o ss2sol
RAILWAY MATTERS
The holders OF stock OF the Chicago, Columbus
ana Indiana Central Railway Will meet Ia Columbus
March 10 to ratiIy reject the contracts with lne
Pittsburg and ST. LOUIS and Pennsylvania rail-
ways
The enterprise known as the Chesapeake and Ohio
Railroad which Is to form new trunk line between
the Atlan6 coast and the Mississippi valley Is
solidation OF the Virginia Central and the Covngton
and Ohio roads. 1t is In operation from Richmond
10 the Wine Sulphur Springs, distance OF 221
miles. The line Is being rapidly extended to the
Ohio, at the mouth OF the Big Sandy tributary, 200
miles distant, and 1t is expected that seventy-ive
miles OF this portion viii be In operation during the
current year. The road Will derive I'M
pOrtant traffic from the transportation OF the
IRON ores which are found in vast guam
titles and of superior qualities near the centre Of
its route aud the famous camel and spnt
varieties OF coal which are found In the Kanawha
valley. Besides the local raflic its advantages OF
low grades, cheap fuel and equable climate will
enable 1t to compete for the carrying OF the surplus
breadstus, provisions and the like OF the OHIO val
ley to their destination on the seaboard The
pany are represented by some OF our more promi-
nent New York capitalists. Among others are &. r.
Huntington. A. A. Low William II. Aspinwali,
David Stewart and Messrs. Fisk Hatch, the lnan-
cial agents. The rrst mortgage bonds OF the com.
pany have been brought on the market, with view
OF facilitating the work OF extending the road
through TO the Ohio river promptly as Practi.
cable.
CRIME IN CENTRAL NEW YORK.