The New York herald., 1870-12-02
FOREIGN EXCHANGE LOWER.


FOREIGN ExCHAN0E LOWER.
The foreign exchange market continues heavy
ana the leading bankers were compelled to further
reduce their rates. The following were the quota.
tions at the close-Stsrling sixty days. commercial
l03 q 10Sk; good to prime bankers, 108,. q l0SX;
short sight, looh 1924; Antwerp. 6.22S s6lrX;
Switzerland. $40 SIS; Hamburg, 36A s5X
Amsterdam. 40% q Al: Frankfort. 40K . 40y.; Brc.
men. 7s4 7S%; Prusslan thalcrs. II o 7i,l.
MONEY MORE ACTIVE.
While the bulk Of business In call loans was at four
to five per cent on governments and at i've TO ak
per cent stock coatcras there was an active de.
mand from the STOCK houses the dav, and bor-
rowers paid six per cent without hesitation. Other
wise the market WAS without feature. The dealers
In commercial paper report good demand from In.
vestors for prime double name acceptances which
are In request At q 7k per cent.
GOVERNMENTS STEADY
The government list was steady except for the
62's, which are moro sympathetic with the price
of gold for the that they are so largely held
abroad. The government purchased million OF
nye-twenties, in accordance with the provisions OF
Secretary Boutwell's programme for the current
m onth. The offerings amounted to $3,152 $50.
The following were the hnal street quotations.
United States currency sixes llo7 Ill; United
States sixes, 1884, registered lex interest. IO9s<
no. DO. do. coupon, l1s54 131s; do. nve-twenties
registered, May ana November. lO6A lO7; do do,
1852, coupsa, do, 107A 107k; dc. do, 1864, do.
do, 1064 lot; do. de-, 1885, do. de-, lO6A q I07;
do. do, registered January aud July, 1861 q 108;
do dO 1865, coupon do. lO9s 1924; de. do., 1857
do DO, lo9h lO91s; do. do 1868, do. de-, Io9k a
l093i; do. ten-forties. registered, 1863 lO6h; do
do, coupsA, 1865 a 1868.
SOUTHERN SECURITIES DULL.
The Southern list was generally duh and steady.
South Caroiinas were heavy The Virgnas and
North Carolinas were strong. The following were
the closing prices this evening:-Tennessec ex eou-
pom, 60I 6034; de-, new, So a 5sA; Virginia, ex
coupon, &c 81; do. new, SO 65; Georgia slxes, 80
81; do sevens 9I1s q e2; North Carolina, ex
coupon, 471s 4s; do, new, 26H 27; DO, special
tax. 10 20; Missouri skies, a2t4 a 921a; do. uann
bal and ST. Joseph. 92 93; Louisiana skies, IL
70; do, new, 81 90; do, levee skies. ~ 49,
do. de-. eights, - q 91: Alabama 1ves, 10 q 72;
do. elshs, l0i 100; South Carolina skies. IS u 90;
do, new, January and July, 6s a 80; do. do, April
and October 81 60; dc. registered stock, Old, 10 a
rs; Arkansas sixes 81 a Go; do sevens. 65 a 81.
STOCKS LOWER AND STEADY.
The stock market was intensely dull. Prices were
steady and shade better at the opening, but later
! In the day became heavy and declined about q
quarter per cent for the active shares. West
ern Union rose about one per cent, touching 43sa
The decline above referred TO the result OF
brief attack from the 'bears" upon whose retire
ment the market recovered q fraction and closed
steady The following were the closing prices at
the last session OF the Stock Exchange:-OanGon
Company, 671t a 6sh; Cumberland Iron, IS bid;
Western Union, 43 431s; QUICKSILVER AZ bid; Mari
posa IA do. preferred, loA 1Osa; Boston Water
Power, 10 a 20: Adams Express, 64j6 64,.; Wells
Fargo Express 81 bid; American Express, 4st.
46H: United states Express, "a 35ll; Pacific
Mail. Ala 4la; New YORK Central coHsol-
dated, 92I 924; do. scrip, s6I a S6s.,
Erie, 241s 241s; do. preferred, 4s>. 81; Harlem,
l32 1924; Reading, 1919 1917; Michigan Cen.
tral, 1901. a III; Lake Shore, 931S 93h; Panama.
761l IS; Union Pacific, 1sl a1s7S; Illinois Central
13o 1861; Cleveland and Plttsburg, 1867. IO8;
Chicago and Northwestern, S1h 8l4; do. pre-.
ferred, sO1s 0oA; New Jersey Central 1Os bid;
Rock Island, l1OS 110A; Milwaukee ana St. Paul,
80 so1s; do. preferred. slss s11; Toledo, Wabash
and Western 51h SIX; do preferred, rs bid;
Fort Wayne, ~ a e4,si chicago and Alton, lis a
ll6H; do. preferred, III bid; Ohio and Missis.
sippi, 3iA a 3lst; st. Louis and Iron Mountain, AN
bid; Delaware. Lackawanna and Western, l09,s
a ITO; Morris and Essex, ok . e2 Boston. Hart
ford aad Erie, 3l4 a 81; Hannibal and st. Joseph
1851 1861; do. preferred 1l3 ll5; Columbus.
Chicago and Indiana Central. Is bid.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and
lowest prices OF the leading stocks during the day: