The New York herald., 1870-02-18

anceS, $t7oaol; currency balances, $9S1, ooe. Inc
chief fluctuations were as fonows:-
is.ss Z & A. is* is, 81; = a..:.... nv.
liza a -. liSe 4p n.;:.'i.''. 1,sx
aP. ............. ,,S. NY s:ao 7. H.. .nSx lis%
= r. A............. ixv36
Dcspite the various Yumors set afoat regarding
the limit Of price and the amount to be sold ths gov
ernmens dsposed or q mlioa " gold to-day at the
snpTreasury 10 the highest bddcrs Tne proposals
were twenty number, for total OF less than
two miillons a. prices ranging from lls.65 to
1l3.o3.
THE MONEY MARKET
was steady at four 70 six per cent but there WAS
MOI general employment OF funds at Ave per cent
among the government dealers. On Stocks the rate
was five 10 SIX with the majority OF new traDsac-
tons NJ The latter figure. Commercial paper was
without new feature.
.Hn PoREfGN EXCHANGE
was active upon fair demand from the importers,
VINO seemed 70 have been iinpeled TO Duy freely by
the decline gold, but the leading bankers still dis
agreed az to rates, which eighth higher and
were quoted 100 l091s for sixty day sterling and
1857 i0r good bankers. Short sight was steady at
109I 10ax.
GOVERNMENTS UNSETTLED AND LOWER.
the contradictory bulletins above referred to and
the decline In gold mad the eject OF rendering gov
ernments heavy. The market opened with conside-
rable Hrmness IN consequence OF an advance to So
for fvetwenties In London and TO oS In
Frankfort, the European market for our No
curiues being especially strong on account
Of the weakness In gold here and the
abundance Of capital at low rates there. But with
the ..oreakn IN gold TO 1l9H the market became
feversh and declined. the 'bears" pressing It with
the report from Washington that the government
would reduce the revenue about ffty millions next
year. At the end Of business there was fractional
rally In prices which closed on the street ~ fol-
Iows:-United STATES currency SKIES, 11lK 11lk;
do SKIES 1884, registered l17x lis; do do. coupon
ll7A llS; DO. fve-twenrcs, registered, May and
November, ll4x 1l4K; do. do 1SoR. coupon, do.
1I6 alIoa<; DO. do, 1884 do do, 1l4x l14k; do.
do, 1896, DO uo., Il4x 114x; do. do, registered,
January and July, llak lls<; DO do, Isc6. coupon,
do. 1l8X l13x; DO. DO, 1867, do. DO, l13k
llsx; do. do. 1858, 40. do, 11sH l13X;. DO.
ten-forties registered, loex 1oeh do do. COUPON
112A . 1l2x. a
SOUTHERN SECURITIES
were generally steady IN price and extremely dull
The LOUISIANA levee skies declined to 20 upon the
final passage Of the bill to issue three millions
OF levee Improvement bonds The market for these
issues has been weak for some time, owing to Lhe
completion Of the new State seven and eight per
cent bonds. The North Carolina oids were strong
payment to be made In coin-whlch, Of course II
Q report and nothing more. The new bonds were
the pressure OF sales Of hypOtnecaed bonds
south Carolinas dun and heavy 1t Is authOrita-
lively denied tnat bonds OF Florida authorized
be issued except upon completed portions, ana then
upon well guarded securities. The following were
the closing street prices Tor the leading bonds the
Southern list:-Tennessee ex coupon, 55X . SO;
do., new. 49h 49s<; Virginia, ex coupon, 62K Q
e2A; do., new, osK 6sX; Georgia. sixes, 81 q 81;
do. seyena 02h 0 %; North Carolina, ex coupon.
4ok . 4ex; d0., new, 20 264; Missouri skies,
elX OK; do Hannibal and st. Joseph, ol
. "; Louisiana skies, Il Q u; do. levee SKIES,
10 7ox; do. do eiGnts 50 SO; Alabama eights, "a
96 do hves, o2 Q So; south Carolina SKIES, 81 80;
do, new, 70 50.
STOCKS WEAK AND DECLINED.
The stock market lacking the speculative sup
port OF the ciques and combinations who have been
realizing since Saturday last. underwent Q sharp
decline. It opened barely steady at last nights
prices ana became weak and heavy in the transac-
tlons at the morning board and during the inter-
val to the second BOARD, when there was rally In
some Of the list Pacific Mail and Ohio and Missis-
sppi leading this upward turn. The announcement
Of an increase OF tl6 500 In the earnings Of Rock
Island and Of 435o5S in the earnings OF Lake Snore
for the third week IN February, stayed the railways
for time and enabled tho cliques 70 pursue their
sales. But IN the afternoon, with the decline In
gold and when tho street was once more left to II
SELF, prices went down BY the run, partaculaily In
the closing dealinGs In the Long Room, when Read
ing fell to COX, Lake Shore to 8S, Northwest COM
mon to 7eK, st. Paul 10 90 ana Rock Island
TO 121x. The Vanderbilt shares were also dragged
down. and in q spasm touched ok for Cen
tral stock and s5h for the scrip. The exception
was OHIO and Mississippi, which moved counter TO
the general current and advanced to 30A, being the
.card" for the next "ball' movement, while Pacific
Natl had q irm undertone and when the "bears''
left on selling 1t began TO rise. The market Ia en-
phatically Ia the control Of the cIiques who have
now realized but have not "a general thing sold
''shortn a. the holders or stock In an easy money
market not easily induced TO let go, and hence
would give the ''shorts' q stubborn resistance.
How far prlees may decline under tins unloading OF
the ciques impossible TO conjecture, but az they
have started the market downward they would
rather nave the street follow IL down with short"
sales and thus gave them the strength Of 'short'
interest when they step in 10 buy for the next "buli"
movement. The highest and lowest prices OF the
leading speculative stocks were as tollows:-
Htg1sesG Loaoest.
New York Central and Hud. scrip. 9Gk p6s.
Harlem. NEUTRALITY-SUSPICIOUS.. 1AT 1461
Erie.... Nh 261
Reading. .-........-............ w 9bS
Lake SHORE ....................... ~ t6
Northwestern. n.....-................ 24k 73h
Northwestern preferred ........... COX 90
Rock Island. d........................ 122X nix
Milwaukee and st. Paul ........... 67k GO
Milwaukee and st. Paul preferred. 61h so
Ohio and Mlsslssippi. ,............. S0x S0H
Western Union Telegraph. ......... 34x 34X
Pacific Mail ACKNOWLEDGEMENTS. AN AK
SALES AT The NEW Yosx STOCK excAAa;:
Thursday, Feb. 13-1Os11 A. H
$1,000 Us taa, a.. ny ioo shs Adams Ex.... s2h