The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-11-02
AND CONNER GAL
FRIDAY, Nov. &c =. NJ.

FRIDAY Nov. l-G =. NJ.
The money market is easier The brokers are
paying or their seven per cent loans, as money
can be had everywhere at 6, AMI in many cases at
5per cent. First class paper ranges from 6 to
The exchange market gave way again to-day
The asking rates at the bankers were 1914 1917,
but we hear Of very little business over l07. First
class merchants bills were offered at i0tl a 1909
At these rates there is a handsome profit on tho
importation Of gold from Europe, and it must bc
expected that it Will come freely.
The features OF the stock market to-day were
continued strength, with slight increase Of real
business. Prices were very bUoyant at orc time
and should doubtless have had to report consi-
derable advance throughout the list had it net been
for . collapse in Illinois Central, caused ly The
prevailing understanding that an assessment Of
five per cent, payable in February next, viii be
shortly levied on the stock. The price fell at
the morning board to C2L then rallied to C3
then fell back again to G2I. This was the
weak spot in tie market. The most Eopu.
lar stocks Of the day were Hudson River, which
sold ut time this afternoon at 4l2+ an advance
Of 81 per cent, and afterwards closed at Al; and
Ere preferred, which sold at 5GN. with very large
sales-an advance of per cent. 1t is easy to I'M
derstand the latter advance, the preferred stock
Of the Erie can hardly fail to be worth much more
than it is selling for next year: the advance in
Hudson is believed to be merely speculative. The
Old and wealthy operators who are identified
with the property are not understood to have
anything to do with the movement. The
otter railway shares were generally steady.
Toledo was "a per cent higher, and Dur
lngton and Quincy u per cent. Pacific Mail
rose u per cent, and was in demand at the
advance. This stock has risen eight per cent
within few days, and is still ten per cent below
the point at which it stood when the present ar
rangement with Commodore Vanderbilt was con
summated. dividend Of at least five per cent
will shortly be declared, making twenty per
cent for the year. State stocks were steady to-
day; governments firm. At the close the market
was firm, the following being the last quota
tons limited States SIS, registered, 1851, "a
do 6s, coupon 1881, 94ss 9i5s; do. SIS, 1874 s411s
IS; Indiana S. 80; Virginia 6s, 4714 "a;
Tennessee 6s, 4214 a u; North Carolina c's, 50 a
GO: Missouri 6s, AN 20; Pacific Mail, gG14 q;
New York Central, 1914 e; Erie, sa1l q; do.
preferred, 5G4 IA Hudson River, 40a4 IL;
Harlem, 1873 d; do. preferred, 331 IS; Reading,
So "a; Michigan Central, asa a a; Michigan
southern ana Northern INDIANA, l9t4 q; 90.
guaranteed 3994 40; Panama, III ll9; Iii
nois Central, 6S114 "a; Galena and Chicago, 7o14
II; Cleveland and Toledo, 81 d; Chi
cago and Rock Island, 5lss "a; Chicago Bur-
lngton and Quincy, e34 Il; Delaware, Lacka-
wana and Western, 60 a. 70; Milwaukee and Prairie
du Chen, 1917 20; Illinois Central bonds, rs, So
"a; Delaware and Hudson Canal, s31I sA1s.
Pennsylvania Coal, &c a II.
! Our importations of dry goods continue very
light-only 1921 GAP for the week, against 81 49,
| 269 for same week last year. For the year tc
date we have taken only s39,l25,544, agains
500 TO same date last year. and $685. no 75t
to same date of 1859. Europe has thus log
through the war market for over $5l ,OOO, goo o
I dry goods in the past ten months.
The time limited for depositng the La Gross