The New York herald., 1870-11-08
FOREIGN EXCHANGE LowER.

FOREIGN EXCHANGE LOWER.
The leading bankers, Us above stated showed
disposition 10 draw more lreely ana rates fell on
eighth to quarter per cent, the market closing
steady, however, at the reduced quotations. The
nna! rates were demonstrating sixty days,
commercial, 10s& a0SSt good 10 prime BANKERS l09
1926 short sight 1895 io92i; Antwerp, 5.2Il4
5.i6ii; Switzerland, 5.l61l 5l3a1; Hamburg, IS z
s57s; Amsterdam, 4o1S 1919; Frankfort 4ols Al;
Bremen 7sA q 70; Prussian thalers II u 7la..
MONEY EASY.
The money market was easy with the bulk OF
business at iive per cent, although many OF the
stock houses paid SIX per cent without objection
Among the government dealers the rates were lour
and i've per cent, with no transactions above tho
latter figure. Commercial paper was steady at I u
SH per cent as the extreme rates OF discount Tor
prime double name acceptances.
GOVERNMENTS STEADY.
The government list was strong in the forenoon in
response 10 The advance in god out settled frac-
tion al The afternoon board, closing up firm again
with the stronger tone OF thc London quotation,
which came S914 a S92s IN the morning but closed
tonight sg9S a s9l5 The following Were the final
street quotations Tor the government lst:--uEitcd
States currency SKIES ll lll5f; de-, 1851, regis
tered, 1l34 il35s; DO. d., coussn, lls}s ll3a;
DO. lye-twentes registered May aaa November.
do. do 1864, do do. 1875 lo7ss; do. do 1885, do.
do, 1913 a 1875; do. do.. registered, January
ana July lee14 1924; do do, 1865 coupcs, DO. do
1925 l09a; do. do, 1885, dc. do., 1885 lO9el;
do. do, 1868. do do, lees4 1925; DO. tonsrtes
registered, los1s 1868; do. do, coupon. lo5]l u
109I
STOCKS STRONG AND BuoYANr.
The same feverish sentiment which peryaded the
Gold Room was the early feature OF the business at
the Stock Exchange, where the ''bearsn made an
attack simultaneously with the advance In gold and
provoked decline OF considerable moment, the
downward movement being assisted by sales ON The
part Of timid holders who interpreted the excite
ment in tue Gold Room rs the beginning Of gene
raj unsettling CT the entire stock list. Toward noon
however, the bulls" WAC moved quite confidently
began to buy vigorously, with the result OF convert
Ing he decline into an advance and the depiessi on
into buoyancy, the gene al LIST attaining
The highest prices yet made since the
recent change in the speculative situation. The
veteran operator was in high elee today .for said
he, "wten the market was so booming Saturday.
after that good bank statement, l slipped them a
hundred. Things were too bright, TOO beautiful to
last Then this morning, when everybody was
frightened By the rise III gold, and the market
looked as il it were going to pieces took back my
hundred-at nice pront, too-and another hun
dred for rise" The philosopher, when last seen,
was leaning over the table ID the Long Room, read.
ing General Siaier's order to the militia and won
derng whether she hadn't better take bis proG.r on
his last hundred. Toward the close the market fell
OH under reazations and speculative sales, both
resulting from a slightly uneasy feeling as to the
effect OF u disturbance at the election tomorrow.
HIGHEST AND LOWEST PRICES.
The extreme fluctuations OF the leading specull-
tive stocks are shown In the following table OF the
highest and lowest prices OF the day:--