The New York herald., 1870-05-04
FOREIGN EXCHANGE STEAD


FoREIGN EXCHANGE STEADY.
Foreign exchange was steady at 109h 1895 for
the various grades OF bankers sixty days sterling,
the market exhibiting a firm undertone, for the
reason that the shipments OF silver coin which have
taken place for week or two past are likely to be
followcdby an export OF gold. The steamer, as Will
be seen above, took further instalment to-day Of
silver. Sight bills were quoted 1097s Ito.
THE MONEY MARKET STEADY.
There q fair demand for money at six per
cent. but the market was less active than on the
previous day. TIE government dealers were sup
piled at from four TO five per cent. Commercial
paper was unchanged.
GOVERNMENTS LOWER.
TIE early report concerning the Intentions Of the
Ways and Means Committee led TO o heavy market
for governments, and prices declined. With the
denial OF this report there was a rally
and upon The final advance In gold the
market became rather active under purchases 10y
stock houses who are thought to have been buying
IN expectation OF sharp rise In gold tomorrow, on
the general knowledge OF The from Prussia.
Prices were strong al the close as folows:-United
States currency sixes 1925 1l21s; do skies, 1881,
registered il61s 1leA; DO do. coupon 1lesl III;
do. nve-twenties, registered, May and November,
110l Ill; do. do, 1852 coupon, do, 1llal 112;
oo DO, 1854, do. do III 1111s; do. dO 1865, do,
1l1k IllM; do. dO 1896, do January and july
113A ll3I; do do, 1857 do. do, 113zS O ia; do
DO, $685. do. do, 113sl ia; do. tenfortes regis
tered, 1914 1915 do. do. coupon, 1851 1885.
STOCKS IRREGULAR, UNSETTLED AND DULL.
Stocks sensitive to the depressing effects
OF the report from Washington, especially as the
market had not recovered from the effect Of the re-
cent heavy sale OF Lake Shore. Harlem was weak,
owing to the indefin1,e p0stponemcot OF the Madi.
son avenue horse-car extension and the hopeless
visit of those who went to .see william" Ohio and
Mississippi was exceptionally strong this general
weakness but reacted with the second decline in
the afternoon, at which period the strong fea-
ture was New Jersey Central The following
were the closing prices at the last session
OF the Stock Exchange:-Cani0n, Tx a
20; Consolidated Coal, 26 bid; Western Union,
32l a 324; Quicksilver. 9z6 10; Mariposa
ch 9; DO, preferred, i6 15X; do
certificates, 40 46; Pacific Mail, AK 4l24;
Boston Water Power 1715 17,s; Adams Express,
oas a 6sH; wels-Fargo Express, 172s a 171i;
American Express, 30 4OH; United States Express,
433 a, II; New York Central consolidated 97ss
S7x; do, scrip, 94'S 941S; Harlem 14314
1434; Erie, "a bid; do, preferred, IS 40:
Reading 1olh 1o11a; Michigan Central, 1876;
Lake Shore, 9s1S es14; Illinois Central,
141 bid; Cleveland and Plttsburg 1864 1o64;
Chicago and Northwestern s115 a s14; do.,
preferred, o0S 91 Cleveland, Columbus and
Cincinnati, 81; Rock Island, 12lal 121X; Nil.
waukee and ST. Paul, e4ss o4al; do. preferred,
7SA 7ssS; Toledo and Wabash, 52A bid; Fort
Wayne, 931s o414; Alton and Tene Haute, So
bid; do preferred, 645a Delaware and Lacka-
wanna, 1121s 1124: New Jersey Central, 10sX a
1881; Chicago ana Alton, 113]s a ll4ss; do. pre-
fcred, 1131a 1l42f; Morris and Essex 90 a 921s;
Hannibal and st. Joseph 1lOa bid; do. preferred,
110H a 1105s; Iron Mountain, 45; Dubuque and
Sioux city, lo71s 109; Columbus, Chicago and In
diana Central, 10 19il.
HIGHEST AND LOWEST PRICES.
The exfreme fluctuations in the prncinal shares