The New York herald., 1870-02-20
The changes IN the condition OF The banks are IN

Despite the loss In reserve the banxs hold
s3o Gao IN excess OF the limit required " law
TIE MONEY MARKET
was casy AZ usual on saturdays, and In slic desire
10 employ balances for The Two days 10 Monday bOr-
rowers lent freely on stocks at i've ana on govern.
ments at iour per cent. On miscellaneous celate-
rails here was however, large business at SIX per
cent. 10 discounts prime commercial paper OF four
10 SIX months was in demand ut SIX TO eight per
cent and single names At ei2nt 10 nne Prime
bankers accepiances at sixty days were quoted ave
ana halt TO s,x per cent.
THE STOCK hARKEr STRONG At THE CLOSE
The course OF the stock market irregular on
light transactions, the general feature being dniness
and heayi mess until about midday. whcn there was
\ panic IKE plunge downward OF some OF tne list
win sharp recovery in street prices after Inc DanK
statement. The feature OF the decline was ~ Pani,
which toucnod n for the common ana 1874 Tor the
preferred on the announcement tnat the earnings
current week were only nine dollars IN
OF the corresponding period IN 1869, although the COM
pany had opened up one hundred miles OF additional
road. lhc decline IN gold increases the apprenen-
sion that the farmers are fun OF wheat VIII be
all The more likely TO held on, as they nave been ever
since the gold smash OF September. for higher
prices and better times with the result OF still fur
tner reducing railway earnings Northwest also felt
this IN nuence and sold down 10 72is. Rock Island
yielded to lis5s. Ia the miscellaneous shares Pacific
Mall Declined TO 4l,s. The Vanderbilt shares were
comparatively steady, while OHIO and MISSISSIPPI
was strong. Tue effect OF the bank statement was
immediate and encouraging, st. Paul common rally
ing per cent In TINS the feature
Reading, which led the list with an advance TO 034.
The following were the closing prices OF stocks at
the last session Of the Stock Exchange:-Canton,
IS a 5Ssa; Cumberland, 34 a 3ifs; Western Union,
34R a BAY; quicksilver. Ia u AZ; Marip0sa ga a
lo1a; do. preferred, 2l1s 2li; Pacific Mai Al u
6ll 625s; Wells Fargo Express, 20G III; American
Express 3.ts a37a4 United States Express 5l2s bid;
Merchants Union, 6 bid; New York Central consoli
dated, 81 4 9TG; DO scrip, 95 95G; Harlem, 1i51z
bid; Erie 2G1 a 70; do. preferred, "A 461s; Read
ing yI1a 91}s; Michigan Central, 1201a l22; Lake
shore s7ss s7A; Illinois Central, l42 a 1431a;
Cleveland aud Pittsburg, 1o04 Iol; Chicago and
Northwestern, ,21i T2s; do. preferred S0i4 "A
sgts; Cleveland, Columbus ana Cincinnati, "a q
Paul. 64s1 ca; do. preferred '7Sti 1888; Toledo
and wabash, IL 41i&; do. preferred, ~ bid; Fort
Wayne 9lti 81; Alton and Terre Haute, 80 bid;
do. preferred, e24 81; OHIO and mississippi, 3Osi
81; Delaware ana Lackawanna 104 . 1o4h; New
Jersey Central, 1908 I0I Chicago and Alton, 1895
do preferred, 1l41s bid; Morris ana Essex, S8al
s7 Hannibal aud st. Joseph, 1854 1861. do pre-
lerre1, 105 1885, ST. Louis and Iron Mountain 42s4
a 43a; Dubuque and Sioux City, 10 a 1l0K; Co.
lu,nbus, Chicago and Indiana Central 20k q 205s.
TIE HIGHEST AND LOWEST PRICES