The New York herald., 1870-10-06


to-day, on motion OF air. Hodgkln the sum OF $4,000
appropriated for the relief Of the sufferers by
the Hoods in the James, Potomac and Shenandoah
valleys, and the money directed to be enclosed to
the care Of the Governor oil Virginia.
GOVERNMENTS LOWER
While the situation abroad Is telling In favor OF
American credit, our bonds In London having
touched to-day 9i14 the government market here Is
without enthusiasm, for the reason that we look at
the investment from an entirely different stand
point In Europe values are based entirely on
specie values. Hence our credit enhances as the
price of gold declines dve-twenties IN London adj
vance. But in this country, where paper Is the
Of Values it evident that the per cent
coin interest is losing attractions for the
that paper interest IS rising. Hence the apparent
paradox Of decline governments in the
domestic market when the foreign market IL
sharply advancing. IL will be remembered that VIC
were the first TO feel the public sentiment this
point when we recorded a month or 80 ago the
evident movement on the part OF holders OF govern
ments to exchange them Tor other first class secu-
rites paying interest In paper but purchasabc at
low price compared with government securities.
Hence, in face OF the Treasury purchase Of tomor-
row, the government market declined to-day
and was lowest at the close follows:-
United States currency skies, Il11s IllA; do,
ia; DO. fve-twenties registered, May and Noven-
ber, 10sa 10SA; do. do, 1862, coupon do. Il2a a
ll2zs; DO. do, 1854, do. do, 1l11s lllS;
dc. do, 1885, dc. do, 11l's 1l1H; do. ao.,
registered, January and July, l1o4 11Oss; do do,
1856, coupon do. 11o1z 1lo7s; do. do, 1867, d.
Co., 11e4 1io2S; de- d., 1903, do. d. 1lo3s l10s;
Do. tenforties. registered, 1863 1864 do do,
pom, 1861 1861.
There was presented and redeemed at the Sub
Treasury to-day 1904 900 or the fvc per cents
of Is71-making total of ST. 0S5 600 thus far sent In
for redemption.
STOCKS STRONG AND MORE ACTIVE
There was more active movement at the Stock
Exchange, and with few exceptions prices ad-
vanced, the Improvement, however, seeming to run
on those stocks which mad been stationary hereto
fore. In fact, the upward movement is very like
house raising where the workmen visit the jack
screws Seriatsna, and give each little twist at
time After the last board there was some dlspos!-
ton to realize, and prices at the close were
OF from the best OF the day. The fol-
lowing were the closing prices at the last session
or the Stock Exchange:-Oanton Company, 60 bid;
Consolidation Coal. 25 bid; Cumberland Iron, 40;
Western Union, 371s 37h; Quicksilver bid;
Mariposa, 81; no. preferred, 11A a IN;
Adams Express, 81 67il; WellsFargo Ex-
press, 37h Al; do, scrip 214 a ga;
American Express, AZ 43; United States
Express, 36x 37A; Pacific Mail, 42Z
421S; New York Central. consolidated, 925l u
o2zs; do, scrip, sSH ssI; Erie 22zs %; Harlem,
1881 la4; Reading, 10oh 1904; Michigan Central,
1904 bid; Lake Shore, 931s a 93x; Union Pacific,
271 27ts; Illinois Central 1917; Cleve.
Land and PittsburR, 1864 lo7; Chicago
and Northwestern, S1A s11s; do, preferred.
ss7s ss1f; Cleveland, Columbus, Cincinnati and
Indiana, so sO1 New Jersey Central, 1o74 los;
Rock Island, lleA 11dX; Milwaukee and ST. Paul.
e4h . esi.; DO. preferred, slX o slX; Toledo