The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-12-14
FINANCIAL AND CONNER GAL.


WEDNESDAY Dec 13-6P n.
The stock market has been firm oday under an acces
sion OF speculation for a and growing disposition
10 cover their shorts" the part OF the bears Al
the open board a O'Clock there was an active demand
for STOCKS and Ere sold al 1884, New York Central 81 a.
Cleveland and Piitsburg 94ss Rock Island 1867,
Northwestern s55s, preferred So, Cumberland 45'4,
schuylkin Coal 1874. The latter does not in any
way belong to the class OF mutual companies to
which we referred yesterday its business being
mainly confined to leasing its own lands 10 working
parties Tor a royalty the product Al the nrst
regular board New York Central closed higher than
at the second board yesterday Erie ~ Reading q,
Michigan Southern " Cleveland and Plt'sburg 4, North
western r. Rock Island II, Northwestern preferred =.
Ohio and Mississippi certificates were steady. Govern
ment securities were firm at yesterdays afternoon quo
tations
AT the one O'Clock regul-r and open boards there was
a moderately active market and prices were well main
tanned II is the intention of the regular board to
tnuo lis sessions this hour and very shortly TO COM
mence an informal can at ten O'Clock, making four
calls daily instead OF two as formerly
At the half-past two O'Clock board there was an AMI
mated speculative feeling visible but prices were some
what irregular Erie closed higher than at the first
regular board Rock Island - Ohio and Mississippi GER
tidcates Il. Northwestern common and Reading we're
steady. New York Central was x lower Michigan
Southern "a, Cleveland and Pittsburg 4, Northwestern
preferred u, Fort Wayne T. Government securities
were srons under the advces reporting five
twentes al fractional advance in London
The old issue y higher, second issue r. AT the
open board past three the market was on the
whole steady. New York Central sold at e7;s 90%,
Erie 93a; Reading ii57S, Michigan Southern TO- Cleve-
land and Plttsblrg e3A a. Cleveland and Toledo 1861,
Rock Island 1924 Northwestern 80 preferred (s.s 62sS,
Fort Wayne 1885,. McGregor Western 2sH, Chic aud
Mississippi certificates 27N Canton 46, schrylk Coal
1874 Later, on the street. the market closed steady.
The gold market showed strong tendency towards
recovery temporary depression produced by the
heavy sales Of gold certificates made by the Sub-Irca-
ury and after open,n, n. 14o II closed at l45A Is.
These certificates producing the confusion with
regard TO The amour; of gold in the banks and Sub
Treasury as simar doc meats Issued by the bank Of
New York did about year ago. They are
counted, as Iaattcr Of course by the banks
holding them, the gold which they represent
is also counted 81 be ssbTrcas1ry Thus It made
TO appear, according the Official returns, TINT the
Isl of Dcccnibc, ~as Treasury AID the associated
banks he'd $50 ss5, o37 in gold, whereas the amount
held at The corresponding dac last year only
s2s, o6l, 26s. Coin loaucd fla or by paying 2a3
per cent upon the currol j.
Foreign exchanges was J. as usual on steamer day; 4
but bankers uuwiiins TO relax thair rates,
aud sixty days 81. England quoted
l09l =, Tt sh pment of specie by the
Scotia aggregated So 400
The Ninth National 8ank Of this city has declared a
dend of Eve per ceul free or government tax out Of
the six monihs earnings ending December 81
Ihc following ed teatenen chosen yester-
das directors OF the Nev York Contra Railroad Com
pany for tic eas;in- yei Dean Redmond, Richard
NJ B.achtord, John II Chedell, Aionzo c. Paige, j. r.
A. pruyn, Nathaniel Ttnyer, Livingston SPEAKER, Cor
nelus a. Tracy, Charles II. Resell Henry II. Martin,
James Banker. n., i. Clark. A. d. White.
The business the Sub Treasury to-day as fol-