The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-12-13
MONKY EASY.

There was some effort to mark up the rate for
money to seven per cent, and borrowers on second
class collareraIs paid that figure. But che prevailing
rate was six per cent the ordinary cOllaterals.
There was good demand at this rate, however anu
some borrowers on government securities were con-
tent to pay 1t. ON the latter collaerals the trans
actions were divided between Ave and six per cent.
There Is more paper In the market, but rates are
without essential modification. Prime double name
acceptances range from az q 8 per cent.
Foreign exchange was lower but closed steady OH
the basis OF loSy4 for prime bankers sixty day tcr
ling and 1929 for sight. Commercial bills drawn
against cotton are In better supply.
GOVERNMENTS LOWER.
The government list underwent q reaction from
the recent sudden advance, ana prices we're down q
quarter TO half per cent from the highest made on
Saturday. The following were the closing street
prices this eyening:-Unired states currency skies,
1l0H li04; United States skies, 1884, registered,
ll01a 11o1; do. d. coupon, 1883 i13a, do. five
twenties, registered, May and November, 1917
l07ts; do. do, 1861, coupon, do, lOT l077s; do.
do. 1864, do. do, 1878 1919; do. do 1855, do.
do, 1071x 1876 do. do. registered. January and
July. 1o8A 1868; do. do 1865, coupon, do, 1884
q 10; do. de-, 1867, DO do, 1929 ITO; do. do
1858 de- d. 1l0s5 llos4 do ten-forties registered
1861 lo6ss; do. do. coupon. 1857 1864.
STOCKS STRONG AND ACTIVE.
The stock market was active, with Reading IA the
leading feature the transactions in which were very
excited, owing TO sudden "corner' In the cash
stock, which compelled the "shortsr to pay as high
quarter per cent for the use OF 1t until to-mor-
row. The price advanced to 104k, at which it
halted and fell back to 1885. ralyng 1oi at the
cl sc OF street business The dealings were Oh =
very heavy scale. Tho general market I'M
proved quarter to one ana . quarter
per cent. The following were the closing
prices at the last session OF the Stock
Eychange:-Canron Company 81 y 10; Consolidation
Coal, 20 q 25; Cumberland Iron, 20 bid; Western
Union, 49, 404; QUICKSILVER, bid; Marlposa. 5k
bid; do. preferred, 10ai H. Boston Water Power
19sl 20M Adams Express, 65i& a $50; Wells
Fargo Express, 81 a 32Ja; do. scrip. q az; Amer-
Express, 46ss; United states Express 85 a 35si;
Pacific Mail, 42sS 42a; New YORK Central
consolidated, 92I a91h;do. scrip, 81 s7ts; Erie, "a
24h; do. preferred, Al 49,; Harlem, 1917 1874:
Reading, 1885, 1884; Michigan Central, 1904 bid;
Lake Shore, 931& = o3&; Panama, II u rs; Union
Pacific, 1871 a 1917; Illinois Central 13a q 1854:
Cleveland ana Pittsburg 1O5 a 1859; Chicago and
Northwestern, 75,{ 1876 de- preferred, $50 s53S
Cleveland Columbus, Cincinnati and Indianapolis
81 bid: New Jersey Central 1885,. 100; Rock Island
1887 I09 Milwaukee and 81. Paul, 59zs 90;
do. preferred, sly 49, Toledo Wabash and Western.
5l,s . 51is; Fort Wayne, 941s 94&; Chicago and
Alton, 1l6a l1815; do. preferred, 116x 11sh; Ohio
and Mississippi, 81 q 81 st. Louis ana Iron
Mountain. ASH; Delaware, Lackawanna and Western,
1921 10; Morris and Essex, 9lI bid; Boston.
Hartford and Erie, 2zs 3; Hannibal and st. Joseph.
i04h bid; do. preferred, liz; Columbus, Chicago
and Indiana Central, 1sx ass.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest