The New York herald., 1864-12-09

At the nfst session OF the stock board there
active brokers' market, With disposition TO advance
prices The closug sales showed the following variations
In values from those Of yesterdays second boardErs
advanced Z, New York Central y, Hudson River Y
Reading Y, Michigan Southern TX, Michigan Central
Illinois Central III Chicago and North Western " Rock
Island Prairie du chien n, Fort Wayne 4. Alton and
Tsrre Haus z. AarIposa Cumberland Coal r. Canton
Company u.
Government securities were less active 90 the two
previous days. and submitted to fractional decline.
Coupon skies OF 1881 fell OF 1; coupon hvetwentes
Il new issue u coupon tonfortes and yeas cer;n-
Gates steady.
After the call and at the open board at one O'Clock the
market lower. and at the secoud regular board it
showed increasing heavuess. The closing quotations
showed decire from those OF the mprnins In Erie OF
l., Hudson River l, Reading *, Michigan southern
az, Illinois Central y, Chicago and Northeastern u,
preferred u, Rock Island l. Fort Wayne TX, Asriposa
y, Quicksilver u.
Government securities were steady. At the open
board M hall. pas: three the market was . shade
0rmcr.
The money market has been active 10 day IN conss.
querce of the fna the last fvetwsnty loan
Of twen.y.seyen milionS lhe amount, II will be re.
membered, was officially stated TO DO twenty dve
millions; but understand that well known specu
letve banker In Exchange place received through tho
OF this amount lie Ia supposed to have becn largely
"shoft Of the bosds previous 10 the Treasury award
being mads under the expectation that he woud be able
to get Az ne wanted from the government at 104
instead Of lO5. at which the award was made.
When national bank presidents sell down gov.
srnment securities in the opon market, In the hope OF
privately making cheap purchases from the Treasury
with which 10 I'LL their contracts at handsome pr odt to
themsclves strong argumout presented both against
rehensbls and suspicious Moreover this sdd
tionai issue OF millions to Treasury favorito was
under all toe circumstances Of the osse very dubioas
proceeding, and the omission TO include In the cfca
ststemoat calls Tor explanation from tho Sub Treasurer
The ratio for money oall strictly per
cent to day and the capital offering barely 10
Of the demand In some quartes First class commercial
paper Is discounted at 7k . 10 per cent.
There only very moderate inquiry for foreign ex
change. The ssking rates for bankers sterling
changed, ,viz:-Iook . Y at sixty days, and llok Al
three days. Msrchsnts' bills are offered at losaK
Tho srange error respecting tho amount Of the national
dsot which erep into the published report Of the Pres
dents Message hardly be attributed TO the President
or bis assistants In Its preparation, as suoh ,gno
rance Of facts and figures would ipd
cate can hardly be supposed 10 sxbt 10 the
Executive mansion. We put II dowo a tesgraphis
ms'sks on 1rst reading H. and therefore omitted to ca
attention TO IL; bu, would be satisfactory TO know
Whistler or not this Inference Is correca Tho written
report probably stated, or meant 70 state tse dcbt
on the lss Of July last d ono thousand hundred
and forty millions sr hundred and ninety thousand
hundred and eishtynns dollars and forty.hvs cents
1 TAO 600 $50 Sb a. was returned At g. o3e Csc
on June 2S. But tho telssraphc version represented
u 10 be "one billion seven hundred and forty
thousand millions .ir huodred and ninety thousand
four hundred aud egh nine dollars and cents
ni ,4o 600 600 &so A6). And mospng journal ediso.
rally and uurcnec,insIy copied this true. Even ws
ALLOW for the uocsrsin meaning Of the word blion 10
sisnhcation psog Thousand millions, according 70 The
French msshcf and more properly million m,isns---
the sqss-s Of &lou--scccrdiux 70 the fnalsh, u
somewhat hard tsnnasrs,Ahd hor the "ssvoa hsar cd
and forty thousand mlioSs c, should have followed
The error, by wnomsoevcr committed, 10 the telegraph
c1es or out OF Il. sSsdss,lv rssuitsd from kaoraacs