The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-08-17
MONEY.

MONEY.
The money market worked easily throughout the
day at rates ranging from three to five per cent the
supply Of currency seeking accommodation contin-
ulng to be In excess OF the demand After banking
hours there little better inquiry, and four per
cent was readily paid, with none Offering below
that figure. Commercial paper Is dull at Ga to
per cent for best acceptances.
FOREIGN EXCHANGE
is dull and steady a. subjoined quotations Ster-
ling, francs and other continental bills are merely
nominal, but the following are brokers' rates:-Ster.
ling. sixty days, commercial. 1osS a1Ooh; good to
prime bankers, 1O9% 1oa1S; short sight, 11OH
11oA; Parls sixty days. 5.l3H 5.121S; short sight,
5.o7h a 5.0e,4; Antwerp 5.13A 512A Swtzer-
land 5.1aI o 6.l2}z; Hamburg. 80 q 81; Am
sterdam, AK q AK; Frankfort, AZ 4214; Bremen,
80 o 500; Prussian thalers, AK TO-
GOVERNMENTS STEADY.
The government market was very little Influenced
by the war news received to-day and reflected both
tho inactivity In gold and the s.eadness Of the Lon
don MARKET where skies closed 87H SIX, the pre-
vious quotation being 81 S7H. This hrmness was
likewise maintained In the face of decline In con-
soils from 913s ok to Ok 913s. The market here
closed firm likewise at the following prices:-
United States currency SKIES 112 a 112T; do
1851, registered, 1l4h 1l4A; do. do, cou.
pom, Hay lax; do fve.twenties registered, May
and November. 11oA l1i]s; dc. do, 1852, coupon,
do, 112 a 112I; DO. do 1854, do do, 11lh 111H:
do. do 1885, do do, 111G 111H; do. do, 1865 jan
uary and July, registered 1929 11On do do, 1885,
coupon do, ITO 11On; do. do. 1867, do. d. 10 O
Hoy; do do. 1863 do. do, 1loH 11o%; do. tenfor
tics, registered 1O4X 1047S; do. d. coupon, 1913
1usH.
SOUTHERN SECURITIES
were firm, with limited transactions. Prices az the
close were:-Tennessee, cx coupon, e2h SO; do,
new, 81 81h; Virginia, Elk coupon 62a 90;
d. new, 634 Ga; d. registered stock, Old sou q
50A; Georgia skies, SO IS; do. sevens. Ok 81 a
do sevens old, 90 q 90; North Carolina. ex coupon
81 SIX; do. funding, 1865. 80 40; do. do 1868,
50 81; do. new, "a a 341l; do, special tax
rs a 251S; Missouri sxes oO1 q Oh do Haunt.
bal and st. Joseph, 90 O OIL; Louisiana skies,
70 q "A; do, new, O. a 10; do. levee skies, u
a Is; do do. eights, 81 a 50; do. Penitentlary
sevens. II q 50; do. railroad eights, So a S5;
Alabama fves, 70 rs; do. Fights. 90 100;
do. railroad eights 90 05 South Carolina
sixes so IS; do, new, January and July 1914 IA;
do. do, April and October, rs a IS; do registered
stock, old, rs So; Arkansas sevens, 70 rs; Mobile
and Ohio Railroad sterling, 80 81; do. interest
Fights, Is a 20; Mississippi Central Railroad first
mortgage sevens. 10 IS a; do. second do.
elghts. IS 6s; New Orleans and Jack
son FIRST IS IS; do. second, 10 75 Mem.
u
second, 10 rs; do. stock. So 80; Greenviile and
Columbia Railroad, guaranteed by South Carolina,
6s q 10; Macon and Brunswick, guaranteed by
Georgia. IS 10; Memphis City skies, sc 5e,s;
Savannah City sevens, SO IS: New Orleans conso,s
old 70 rs; do. issued railroad sxes 6S a 70: do.
new sevens. 72a75.
STOCKS DULL BUT STRONG.
Dealings In the stock market continue TO be on a
restricted scale, and are confined mostly TO the VAN
derbit shares, Lake Shore, Wabash md Pacific
During the afternoon the market was strong on a
light business and prices towards the close were
generally the highest of the day.
PRICES AT THE SECOND CALL
were as Observation-Disclosures Coal, 20 a 80; Cum
berland Iron, 30 bid; western Union, 3.2s 34sS;
Quicksilver, ~ a g. Marposa bid: do IRE.
ferred, OK 10; Boston Water Power, 10 bid;
Adams Express. 6sH osil; Wells Fargo Express
1Sh a 141; wells-Fargo Express scrip, az 8:
American Express, AN o 4s; United States
Express, A q Az; Pacific Mail 3sI q 3sH:
New York Central consolidated 95s, ebsI.
do. scrip, OIL q ol1l; Erie, 2S1 231S; Harlem. 1879
bid; Reading, o6H 964; Michigan Central. 11s
bid; Lake Shore o2% 90; Illinois Central. 1917
1888; Cleveland and Plttsburg 100 bid; Chicago and
Northwestern, SIX a 82%; do preferred. $50! a
S5n; Cleveland, Columbus. Cincinnati, and Indian
apolis 10 o 80; New Jersey Central, Io1 loz,
Rock Island 1l4'i 114i5; Milwaukee and ST. Paul.
81 61M do. preferred, 771s 775s; Toledo, Wabash
and Western, SIX o 52 do, preferred, rs bid;
Fort Wayne, o. a 95; Chicago and Alton, 49, do.
preferred, 1lo21 Ohio and Mississippi, saal 33% st.
Louis and Iron Mountain, Al a AZ; Delaware, Lacka.
nd Waafnr q Nor a