The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-12
MONEY EASY.

MONEY EASY.
The supply OF funds available for call loans con-
tinues abundant, and six per cent is becoming the
exceptional rate the majority OF transactions occur
ring ut five per cent stock collaterals, with four
and five as the rates government securities.
There is also movement In discounts outside Of
the banks, and the street is quito bare OF strictly
prime paper, the offerings having been suddenly alb
sorbed att a ~ per cent
Foreign exchange was dull and Irregular opening
weak but cosing rather firm az 1907 109A for
prime bank ols' sixty day sterling and 1905 109X
for sight bills
GOVERNMENTS STEADY.
The government bond market, under the neutral
iZing effects Of the advance in gold and the decline
In London, was steady. Late this evening the
more tmpressionable '67s fell of O fraction
and closed weak. The final street prices
were as follows:-Unlted States currency skies,
111A 1117f; do, 1885, registered 113sS 1l81a; do.
do, coupon, 1872 113K; do. fve-twenties, regis
tered, May and November. 1914 1o7H; DO. do.
1862, coupon. do, 1881 1851; do. DO, 1854 do
do, 1917 1o7N; do. do, 1865, 1o7,l 1o75.; do.
do, registered, January and July, 1ooH 1ooA; do.
do, 1865 coupon, do 1o9ss 1o9sl; do. do, 1867,
do. do, 1929 1o9s; do do. 1868, do do, 1927 o
10; do. tenortes registered, 1861 1868; do. d.
coupon, 1861 1868.
STOCKS UNSETTLED AND WEAK.
The stock market disappointed the cliques by
opening buoyant The discovery OF the false news
circulated yesterday to break prices During most
OF the day 1t was steady but on showing strength
was showered with stocks. Il Is now undergoing
the 'nilking" process, correatively with the gold
market, and Is likely to show On alienation OF
strength and weakness varied as the weather in
April These violent fluctuations are attracting o
more general outside interest and inducing enlarged
activity, much to the satisfaction Of the brokers
and speculative operators, who prefer rapid "turns"
TO the dull monotony Of steady quiet market.
There Is likely to be glut Of money here this win
ter, such Will afford unusual facilities for specu
atlon while the next session OF Congress- In dealing
with the financial question, will furnish thousand
and one pretexts for speculative movements. The
Adams Express Company have declared dividend
OF two per cent, payable December !, the transfer
books closing November 49, The following were the
closing prices at tho last session OF the Stock Ex
characterization Company, 69A q 10; Cumberland
Iron, 40; western Union, AK a41H; Quicksilver 5h;
Mariposa, q TX; do. preferred. 10 q IL; Boston
Water Power 1874 lsM; Adams Express, ok
a e77s; Wells-Fargs Express, IS q 90; do.
scrip, 2K s; American Express, A5H 40;
United states Express, S3K bid; Pacific Mail,
422s; New York Central consolidated. ok
s2A; do. scrip, SIX s7X; Erie 22T
a 2s1S; Harlem, 1a4A . 1876; Reading 1O2H 1929;
Lake Shore, o4X a 94H; Union Pacific, 2sX 2s1l;
Illinois Central 1877 bid; Cleveland and Pittsburg,
1861 1903; Chicago and North western, soH sOX;
do. preferred 9oI COX; Cleveland, Columbus, Gin
cinnati and indianapolis, so1l; New Jersey Central,
1927 10oX; Rock Island, 1884 1133s; Milwaukee
and 81. Paul, 81 . 61H; do. preferred. 80H s0H;
Toledo Wabash and Western, SIX So; do. preferred,
70; Fort Wayne, "a e4A; Chicago and Alton l1eX
NIX; do. preferred, l1eh; Ohs and Mississippi,
s2z. a n 80: Delaware Lackawanna and Nesteru
1lOX 10Y; Morris and Essex, sls4 90; Eestsn.
Hartford and Eric, go 4; Hannibal and st. Jo-
ssph, los bid; do. preferred. 1lSK 1lsK; Cslum-
bus, chicago and Indiana Central, 1SH a1SX.
HIGHEST AND LOWEST PRICES.
The extreme fluctuations OF the leading specula-
tive stocks are shown in the following tablet
ztghest. Lo,oest.
New York Central consolidated. s3 s2T
New York Central scrip. ........... 88 e7b
Eric ACKNOWLEDGMENT. 23A 22X