The New York herald., 1865-07-06
FINANCIAL AND coMMERC CIAL.
WEDNESDAY,, July Sc p. M.


WEDNESDAY,, July Sc M.
The stock market maintained the improving tendency
manifested Saturday afternoon at the first board this
morning and although the volume OF business not
large the indications favorable TO its increase
New York Central closed higher than the first board
on Saturday last Erie 2z, Reading a. Michigan South
ern l. Cleveland and Pttsbug Illinois Central North
western e. Rock ISL and ~, Fort Wayne y, Cumberland
n Quicksilver 2 Government securities steady.
Coupon twentes closed at l041s -forties 97h
At the open board, at o'clock, the market
weaker and decline of per Erie took place.
At the second regular board there further slight
recession in portion Of the list Erie " lower
than at the first board, New York Central " Michigan
Southern q, Illinois Central u, Quicksilver "; 0eve-
land and Pittsburg u higher and Rock Island and
Northwestern steady Government securities were
firm. Coupon hve-twenties advanced y ~; ten-for-
ties n One year certificates Of the issue sold at
9sH
At the open board at half pashreo there strong
rally in Erie with which the OF the market sympa
thized. Erie sold the call at S2H, Hudson River
10Sz, Reading 9sX, Michigan Southern 63'S, Rock
Island io3 Illinois Central 1slX Cleveland and Pitts
burg ess< Fort Wayne &c. Ohio and Mississippi certiA
Gates 25 Quicksilver 55al. Afterwards on the street.
prices steady.
The gold market has been langud, and during the
afternoon supply cash gold increased far that
loans which made at 31oths per cent per day IN
the morning we're made low 132d late in the after
noon The opening quotation was 140H, followed BY
decline to 1917 Just before there was recovery
to 140h; but the price at $50 p. M was 1874.
The transactions In foreign exchange have peen lew
and light, and quotations were unchanged Bankers
sterling at sixty days sold at lo9 a u.
The demand for loans is not active and plethora OF
capital is awaiting investment at four per cent on gov
erpments and i've railway collaerals The discount
line is torpid at per for first class paper.
The monthly statement Of the national debt for June
has not yet made its appearance and Washington
telegram informs us that 1t will not be issued, in
consequence OF the changes since the issue Of
the last being unmporant. This however, is no
excuse and if originated in the Treasury Department
1t is tainted with discrimination, nothing more;
for the changes during the month of June were i'm
portant the disbursements Of the government having
been unusually heavy Of late in certificates of in
debtedness we'll Treasury notes and currency The
Secretary ought to publish this statement TO
which the people have right, and which
1t is his duty TO give them regularly, and
not irrcguarly, and not resort to paltry excuses
to palliae Official negligence the worse fault of
endeavoring keep that secret which should be made
public for which there really is sufficient excuse
The interest due August stocks and bonds Of the
city of New York will be paid on that day by the Cham
berlan Of the city, at the Broadway Bank.
The Pacific Fire Insurance Company will pay the 10th
inst annual dividend of six per cent, free Of tax