The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-10-11
FINANCIAL AND COMMERCIAL.
WEDNESDAY. Oct. l0-6p. v.


Yhe money market is generally reported easier
so-day bat most of the transactions OF which we
hear ore at our last quotations. Most OF she
brokers are paying seven for call loans, and We
hear OF no paper going below 81 per cent, but al
Ahese rates there is more money seeking employ
nent than there was. The conservative movement
Of she banks during the past six weeks has ex'
sreised a very beneficial effect on public conf.
senee, and has eounteracted the uneasiness wheh
pctica agitations at one time threatened TO create
As usual on Wednesdays, there was nothing
done in foreign exchange to-day. The market
closed dull.
Roth The buns and the bears were dsap-
vomtsd with the stock market this morning.
ns bulls believed il would be good
time 70 buy stocks; the bears expected serious
sas ON the republican triumph in Pennsylvania.
IN fact the market was simply dull al very small
decline. There we're sellers of all the speculative
stocks at yesterdays prices, both for cash and
time, but there were also buyers enough TO prevent
srees falling to any extent. Thus far it is evident
mat the holders of stocks have not been frightened
by the result in Pennsylvania; what the future may
prng forth no man can tell. Real estate, which
would be the first interest to feel any general de-
snucuye agency, and which would probably suffer
mere and longer than any other kind OF property,
h also quite firmly held as it was week ago.
There was heavy business this morning in Cen
Hal, Erie and the leading Western shares. Central
sold down 10 so, but closed IS bid; Erie TO 49,
closing that bid. The Western shares were all
hsction lower. The business on the Illinois roads
Sor October promises well; the first week on most
Of them will show a handsome increase, though
they are comparing with n very fair month last
wear. Some Of these roads ought 10 earn dividend
hOctober alone. At the close to-day the market was
steady the following being the quotations.
Uni.ed States SIS 1874, 1929 l03; Indiana State,
Sli; Virginia 6's, 90a 90i; Tennessee 6s, 904 q
s04; Missouri SIS, s7i s7i; Canton Company, 20
Al; Cumberland Coal preferred, l'i IA; Pacific
Nail, 81 s7l; New York Central, IS! $50; Erie,
y SCI; Hudson River, 63i 633; Harlem, 20l
2o3; do. preferred, 49l 493; Reading, 46t AZ;
Michigan Central, Ga 6s!; Michigan Southern
snd Northern Indiana, 81 Il ]; do. guaranteed,
Hl a Az; Panama, 1924 l24i; Illinois Central,
81 81; Galena and Chicago, 75i 70; Cleveland
and Toledo, 45l /; Chicago and Rock Island III
"a; Chicago, Burlington and Quincy, $50 7; ILL.,
nss Central bonds, 81! 9s; Pennsylvania Coal,
81 as3.
The following was the business Of the Sub rea.
my today
BU customs. 81 900 90
k9yneuu Aeo,ovl -
SAMcrnm drAu.. '.'...'.'''...'...'' oo,UU W
AhDce 500 oUo "
The exchanges at the Clearing House are $22,-
90, l42, and the balances 81 POS 4o7.
The following table shows the condition Of the
baahs in the four leading cities
Is4ns Spscfe. Csrrisafn. Dspasifs
s.ssSs st 5 IS sssss1 sss
New York Oct l2S A7I6 % li7 as g57Ug7 75l76736
Rs~len, Oct So. o. oil $40 b3i61o 796l015 2Os4 80
Ts.al s2iO .os sI7 70 1867 27e6l3 I27 SIS AS
lax week .. al 81 81 10 O4s 80 l27 s5l
p~~rease .... xy0aOTi 32g47 l0l,7Oy 73s5o