The New York herald., 1870-01-05


IL A. M............ 1l9A 3P. M............. 1885,
Jam: .............. 1l9N 4P. M. ............ ll9E
L. m. m.............. ll9es
For carrying gold the rates paid by holders were
gold, 10 and Il currency anu 13., 3-sl and l-l6.
The Hammonia took out $27, 900 in specie
The report OF the Gold Exchange Bank is as fol-
9ows:-
Sioid DaialceS. ....................... 206l, ,2SS
currency balances. s.................,.... 24S4,Su5
GOVERNMENT BONDS.
Tho market for government securities was strong
and active, particularly for the old bonds which
seemed to more directly feel the marked improve
Ment IN the '62's Al London, and doubtless would
have responded more decidedly had the gold market
been frmer. The following were the closing street
prices this evening:-Unted States registered, 1881,
lis ll6A; do. do, SKIES, coupon 115h 1152s; do.
tive-twenes registered, 1862, 112A 113; do. cou-
pom, DO. do, 113}s 11aA do. do, 1854 do. do,
Ii24 1f3; do. do, 1865 do do, 112ys o 49, 40.
40, coupon, January and July, INK 11171 do. do,
1867 do. do, 1l2 1l2h; do do., 1868, do. do 112
112x; do ten-fortles, registered, 1091 ITO; do.
do, coupon, 11os HOY; DO. do. currency, sixes,
100 . 1904.
STATE BONDS.
1t will be seen by the Governors message that he
recommends the payment In coin OF the interest on
the old State debt-an example already set by South
Carolina where the same argument was also used,
Vz.:-That the debt having been contracted before
the war; 1t was only just to continue the payment OF
che interest in gold. The call OF State bonds was
too early to receive the influence OF this proposition
Indeed, az compared with yesterday, New York
securities were trlne lower. In Southern securi-
ties there was steady market for the Tennessees
and North Carolinas, the dealings in which CON-
prised almost the only transactions In Southern
Yaq Wnr md
The South Carolinas duh and heavy. The following
were the closing street prices or the Southern lst:-
Tennessee, OK coupon 53A 531a; do, new, 48k
A61s; do, i've per cent, 40 Al Virginia, ex coupon
- 4Sh; do. new, IS q SO; do, registered stock
Az ~; do registered, 1885, 53h 81; do, regis
tered, 1857 40 80; Georgia sixes 78 so; do. sevens
ss 30; do sevens interest payable In Georgia. so
rS5; North Carolina ex coupon. Al o AZ; do new 20
. 29k; Missouri skies, s71s 8s; do, Hannibal and
81. Joseph, IS 90; Louisiana skies, 90 10; do.
levee skies, o5k 651a do. do. eights, 10 s0 Ala.
bama eights, o2 Of; do fives, 63 q "a; South
Carolina skies, 70 IS: do, new 72 "a; do. regis
tered stock, 70 II.
THE MONEY MARKET
The drift OF the money market is to ease and
hence each day there ls gradual relaxation In the
rate on call. To-day borrowers were generally ac-
commodated at seven, currency, but great many
transactions also occurred at gold interest. There
was ON entire absence OF commissions, called,
while nothing was done below the full legal rate.
The market was even seven per cent and the bor-
rover paid that in gold currency, according to
the character OF his collateras his standing,
or botn combined. In discounts there is little or
nothing doing, the pressure being greatly abated
and the market rather in favor OF makers. Prime
banking paper Of short date is current at low as
eight per cent and prime commercial ranges from
nina IN 1'ha hon Htah f,n
largest buyers, in the habit OF employing their
winter balances in discounting this paper but have
hardly had time to make their investments as yet.
The suspension OF the old house OF Hugh ~ Camp
4 Co., sugar refners, was announced this after
noon. Their liabilities are estimated at over six
hundred thousand dollars Much regret is felt Tor
their misfortune in commercial circles. The decline
in gold is assigned for their large losses.
FOREIGN EXCHANGE.
The leading bankers differed in their rates for
sterling which was variously quoted 1o9s and lo94
for sixty days. The market was lower put firm ut
the decline, the demand for to-morrow's steamer
being moderate The range OF quotations was AS
Notwithstanding sixty days, commercial. loS
loSx; good TO prime bankers, 1o31z los9l; short
sight. l09X q 1093S; Paris, sixty days, 5.21M a
517K; short sight 5.le1s 5.l5s; Antwerp, 5.221a
tt.17H; Switzerland, 5.22h a 5.l71; Hamburg 353.
j . 36T; Amsterdam, 40A a 40a4; Frankfort, 40l4 a
4Ok; Bremen, 1874 7s.; Prussian thalers 7oA
R7l1.
CLOSING PRICES AT TEE STOCK EXCHANGE.
The following were the uotatlons at the last ses
sion Of the Stock Excnange:-Canton, AK a 81;
Cumberland, 231s 25K; Western Union. 80 a s2]4;
Quicksilver 14H 156; Mariposa T3s ga; do. pre-.
,ferred. 10 1914; Pacific Mail. 40s. a 4oX; Boston
Water Power, Ia 10; Adams Express, 81 q 82;
wells, Fargo Express, 1871 20; American Express,
35X 36Is; United States Express. Al u 5o1s; New
York Central consolidated 81 S7tl; do. scrip, 81 x
81; Harlem, 12s bid; do preferred, l3a bid; Erie,
22X "a; do. preferred AZ bid; Reading, s3x s3zs
Michigan Central, 1l6 q III; Lake Shore, s6 e5h;
ILLINOIS Central, 134X bid Cleveland and Plttsbnrg,
s3X Ssx; Chicago and Northwestern 87h 67ss;
do. preferred SIX q slA Rock Island 102 1925;
Milwaukee and Sc. Paul, 20 73K; do. preferred,
s5sl s5M; Toledo and Wabash. 4sA 81; DO. pre-
ferred Tx bid; Fort Wayne, $685. bid; Alton and
Tcrre Haute, 25 20; do. preferred, 81 581s; Ohio
and Mississippi "a q 2ih; Delaware and Lacka.
wanna, 1o21 q 1903; New Jersey Central, 9SM 93s.;
Chicago and Alton, f43 IA; do. preferred, 142s
1s5h; Morris and Essex, IS 851; Hannibal and St.
Joseph, 1o7 107}s; DO preferred. 1o7 los Dubuque
and Sioux City, 100 1oS; Columbus, Cincinnati and
Indiana Central TX 4 IL