The New York herald., 1870-01-10


opened heavy and weak, In sympathy with the early
activity M money, but the decline was only the
effort Or the cilques obtain better s.arng point.
he course Of prices followed the line u curve,
with Its greatest depression Tuesday, from whcn
point II sharply turned upward, benCins downward
again toward the close OF the week. The market
advanced ON the whole an average OF about Blk per
cent for tue prominent speculative stocks. The
downward turn at the close was attributed to the
realization OF the clques; but tho very cheerful
character Of the bank statement had brought in the
outside pubic In such force that prices
declined to a less extent than would other.
wise have been the result OF this teui-
porary change OF tactics BY tlc larger operators.
The following were the closing prices o. the last
sion or the Stock Exchange on Saturday:-Cantvn,
51a 515s: Cumberland. q a 274; western Union,
32ls 324; Quicksilver. l5l4 I5A; Mariposa, TX
bid; do preferred, I7S aI7s4; do. certificates, Az
45a; Pacific Mail, 431s 43H; Boston Water
Power, 144 Is; Alams Express, 621s a 625s; Wells
Fargo Express 70 II; American Express 38tS O 81;
United STATES Express, l9lt 505< New YORK central
consolidated o2,l 02e.; New York Central scrip,
SIX s7sl; Harlem, l37 1881; Erie "a 2i1; do
preferred, A.; Reading 945s 05; Michigan Central
1171a lis; Lase snore SSs4 ss,s; Illinois Central,
1877 1885, Cleveland aai Pltlsourg. s71sa 50; Cnl-
cago ana Northwestern, 73ls 73l1; do. Preferred
S5x 80; C.eve.and Coiunous ana cincinnati, 70 o
70; Rock Island, 1861 l055s; Milwaukee and st
Paul, 741l 70: do preferred, 81 S7A; Toledo aad
wabash, 5ll4 a 524; Fort Wayne, 8S4 S51 Alton
and Terrc nlute. 24js u; do. preferred, 90 bid.
OHIO and MISSISSIPPI 25}s 2591; Delaware ana
Lackaw anna, lOi d 10ih New Jersey Central, 0E1
o.; Chicago and Alton, IA y 145k; DO preferred,
I45 lag; Morris and Essex, s5 85A; Hannibal and
st. Joseph ll1la III; preferred, liz 49, Du-
Duquc and Sioux City, l06 "a ITO; Columbus, Uhl-
| 20 m md Iaulan a Central 1u3. n 1917.
After the adjournment OF the boards and the
| closing OF the Long Kool the following street
prices prevailed lor the leading speculative stocks:
| Western Union Telegraph. 80 a S2t4; Pacific Mal.
| 49, 49,; New Yors Central consolidated, 824 a
0276; do. scrip, STA s71a; Erie 2S1a 2is; Read.
| ing 90 05ia; Lake Shore, ss1S 50; Northwestern,
| TX 72,s; do. preferred Sos a sel4; ROCK Island
1861 1868; st. PAU, 742l Il zlM; do. preferred,
| SIX s7,l; Ohio and Mississippi 2,i4 2J1s; New
| Jersey Central, "a q 94M.
| COY ERNaEST BONDS.
The causes influential, Tor an advance in stocks
were also operative IN the government bond market
where prices strongly active, the upward move
ment te.ug stimulated at the close by the ,ncc
ment chat che government would buy r.a,,lv ty,
millions extra In the ensuing reek pr,ce
on the street ~ '''' .srminhton OF bus
ness On 'a'a'a' we're as follows: Unite
s,.,.., currency SKIES, 1o9h Q WA: 90
s,xes. 1851, registered, l17H .,., ..,.. do Il, II
n63 1,7s. lly.; do. fNc-twcntes rev,steren ~"
aud November, u.s.. L.. = 'l'' DO DOR 1885,, coupon
90. do, ll5's 1l5}s; do. do, 1864, do. do. ll46
a llo; do. do, 1855, do do. lis lI5Jt; d.. %.
registered January and July, ia lI41; do. do
| "a. do, do. ia ll4]a; do. do, 1867, do. do,
eoupo - DO do, 1885, do. do., l141. alIjl; do
ansor,,as ed H.. liz; do. do, coupon,
| 112L ll21s. -
THE BANK STATEMENT ee
for the week Just closed Ia exhibit OF highly IA
| vorable nature. Its figures created great deal OF
surprise, and although natterinQ state OF affairs
was looked for as the result OF the money movement
| at tns season 30 marked an Improvement was not
expected. The banks are ricner than they have
been Tor over rear and now now hold the remark
able reserve OF cighty.fonr millions OF dollars.
During the week the gain In reserve, composed
Of three and q half millions OF legal tenders and
four and half millions OF specie was eight
millions, but as the deposits Increa ed eleven
millions the actual gain to the surplus reserve
Is only about nve anu q quarter millions. TIE
banks now hold twenty -eighs millions reserve in
excess OF The amount required by law. The increase
OF specie represents the disbursements OF the
Treasury for the week, and the increase In legal
tenders the gain OF the banks In the currency
nent with The Interior. The loans have been in
creased three millions. These three items make up