The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-10-20

In the gold loan market the rates ranged from dat
to 4 for borrowing. The operations OF the cold
Exchange Bank were iol9ws:--
Gold cleared. s55. 0GT 900
Currency balances. ............"....... l,Gl5,3j2
The European steamers took out sl79,7Ss in
silver.
FoRBIGN EScpANGE WEAK.
Tie reer movement the exports OF tlie past few
DAYS mas furnished the market wnh better supply
OF commercial bills, ana the bankers rates were
consequently weak a. ihe nominal quotation OF 1903
prime sixty day bills and 1905 signt. In fact,
The real sales oi sixty day oils we're At 10S2 ana
1851. IL IS supposed that the sharp advance
was portion OF tie programme Of the desperate
speculation OF the ''bearsr IN stocks, who bought
bills III hopcs Of embarrassing the ..Dullsn
who it viii be remembered, had Dor
rowei bills to procure money Tor carry
hg stocks. Moreover the dearer rates for
cash gold helped 10 weaken the market, afroIcing
another striking proof Of the apparent hopelessness
OF endeayoring 10 stay the downward movement in
gold. The ''bul,s' sooner stop one leak OF tneir
vessel Than another appears. II they corner cash
gold foreign exchange declines. II they run up the
price OF gold they let cargo after cargo OF cotDn
and produce. II they bid up exchange The expois-
ers begin to ill orders ron the other side. And so
the crce Of bsaclea surrounds them on al sides.
GoyEEvNENrs FIRM.
The anticipated purraae - two rail.ioas OF bonds
by the Treasury Tomorrow led 10 drm market Cor
governments, especially as gol WIS higher Tnc
London quotation which upenei 30. closed TO-
hight NJ s9ia, AN Improvement which rendered
maj street quotations strong as loAows:-
United States currency sxes, lll% a NIX;
do, 1881, registered, Ia. a ia; 10. do,
coupon, li35S ia; no. hve-tweniies, registered,
May and November. 10S;s 4 1897; do. do 1862
10 a. ii ~ 4 &
llial; do. DO. 1866 do. do, il2i. l254 10. DO,
registered, January and juy. ll01s a nos; do. do
1855, coupon, do, 1i)li 1l0ss 10. DO, 1867,
DO, lI0a neg 10. to-, 1868 do. DO. iU4 1903
do. tenorues registered, 1904 1867; TO- do, cou-
pom, 1861 1867.
SOUTHERN SECURITIES QUIET.
There was 4 quiet bur steady market for the
Southern State bonds, the dealings being almost en-
trely on Investment account the speculative IN
terest being Tor the Tune absorbed by the
active shares at the stock board Prices
closed On tie street ~ follows:-- Tennessee
coupon, 81 621l; In, new, CPS COS
Virginia, cx coupon, g. \ -; do. rew, 81 60
d. registered STOCK, ol, 5Oss 5ls; Georgia skies
10 q AZ; DO segens, 20 81; DO. do old. 80 90
North Carolina ceupsn, A. ISL: 40, funding
1856, 80 II: 90. DO, 1865 - 81; da., new y a
2s do, special tax, ~ -: Missouri skies
s0s& 81: do. hannibal and -. Joseph 81 a O.,
Louisiana SKIES 70 II: 30. l.w, 81 50: do
Ievee sfxes. 70 IS: do. do. eigats s. 50; do
penfenjiary seyens - a -: do. railroad righis,
80 a 81; Alabama ages, % -: 10. cigbis, l0l q
i02 ss. ralcaa eights, 81 4 49, south Carolina
skies, so 81; DO, new, January ana July, 81 a
IS. DO. new, APsil aad October o. 4 o.; do., re.
gistered stock old, 10 70; Arkansas skies, 81 65;
DO. seVens, 50 q 81.
TIE HALLWAY MORTGAGES.
The following were the bids To- rae railway mort