The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-08-27
FINANCIAL AND COMMERCIAL.

= lNANCtAL ANO
SATURDAY, August 20, 1895.
The stock market on the whole nrm AZ 'he ni''
board this morning, but there was SOM n''e
A. or.as Erie closed u higher than at the second
- ,s.,or,av Michigan southern Il, Rock Island u,
T., wavns Y Quicksilver u. Reading and Ohio and
,,..,.s, certificates we're unchanged New York Cen
a., as z lower Cleveland and Pisburg u, Prairie du
rh,an Y There was a sal, Of Central National BANK
stoek at l05k Government securities we're steady.
Coupon avetwentes sold at 1oek, tenfores at 49, ana
seven thirty Of the first and second series al ss
AT the open board at O'Clock prices were
n fraction lower. Now York Central closed at s2N
nm the call, Erie 81, Hudson River ITO, Reading
1o5b, Michigan Central LOT, Michigan Southern 64H,
Cleveland and Pittsburg 7ox, Rock Island lOSh North
Western 27k preferred 62, Fort Wayne so<' cumoer-
land Az Quicksilver 55K, Atlantic Mail l4o
The subiect of morning session Of the open board,
which was referred to executive comm ttee yestcr
day was reported upon to-day and 1t was resolved to
hold session OF the board at ten A. NJ in future, COM
mencing Monday mornng This movement seems to be
intends chiefly anticipate the regular mArkat and
looks little like open opposition from which tho open
board would DO certain to gain nothing II is not Inn
probable VIXEN the regular Stock Exchange removes
into its building Broad, Wall and New streets the
board will seek to absorb the entire business OF tho
manner Of the London Stock Exchange, which remains
in session from eleven A. NJ. till three p NJ In tn Is
event tho open board will speedily pass out OF ex
isence "a the Evening Exchange has already DONE for
tho capital and influence which 1t represents are by no
means SUFFICIENT offer any resistance to tho forces OF
the regular board
The latter by transacting all business within DOORS as
will be after the removal, will do away with the
unpeasantness and inconvenience OF holding market
~
street. as at present. which latter is at undgnded
on the part Of the brokers and obstruction the
public trninc.
The arrest of Edward B. Ketchum was reported
up town late night and the street this morning
but it gave rise to little comment 1t generally sup
posed had been town since his last appearance
on Change and his GOODNESS at and since tho time of his
arrest together with his asserted Discrimination to con-
osa himself led the inference that he not parcu
arly anxious to avoid capture possibly under the i'm
preston that Of the holders OF the forged checks
would prefer criminal charges against him.
Mr.. Norris Ketchum is represented to have had
afoconae and feeling interview with his son at the
police headquarters last evening, and to have said
"My son, my son, you have ruined me, but forgive
you" It somewhat singular that although FIVE thou
sand dollars offered for the arrest OF the abb
sconding member OF tho firm by the Importers and
Traders Bank criminal proceedings have been inst
tuted against him. The prisoner had $49O 600 in his
possession arrested and he made effort to
this money towards eectng his escape II stated that
meeting Of the creditors Of Kechum, Son Co. and
Of Edward Ketchum will be held on Monday next when
further developments may take place.
The latest stock quotations the street e-Ere
", New York Central o. Hudson River 1921 MIchi-
Southern 84k, Reading 1854, Cleveland and Pitts
e 1ck, Fort Wayne 96h, Quicksilver IS, Cumber-
dNX
rhe petroleum stock market dull at the first board
1T Hole Crock closed at 50 80 Webster 81 So President
Sl2 Excelsior 81 S. Montana SO So First National 45c
OIL Crock o. Tack &c., United States $2s O5 Oceanic
81.
Tho gold market was stronger under the
influence Of the shipment Of $733, 0l6 by to-days
streamera The volume OF business was. however,
very light. The opening prce la, from which il
advanced TO 144h and then relapsed to 1AH at which
itstood at the close Of business.
Foreign exchange quiet, and bankers sixty days
bins were quoted at 109K T. OF tho gold and silver
exported the Scotland took $780, 600; the Bremen
$500 0oo and the Ena $2ss AIS making for the week
9743,1e4.
Money was In abundant supply at 8 per cent not
outstanding Of forthcoming application 10 the
banks for temporary loan 10 the Treasury pending the
meeting Of Congress.