The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-09-22
FINANCIAL AND COMMERCIAL.


THURSDAY, Sept. 21-ePM
rne STOCK market experienced some little spasmodc
scyity this morning attended by fractional improve
meut in prices At the first regular board Erie closed
higher than at the second board yesterday Reading
x. Michigan Southern ~ Cleveland and Pttsburg y,
Fort Wayne u, Ohio and Mississippi certificates y,
Cumberland ~, Quicksilver IN Prairie du CHEN was
n lower There sale Of Panama Railway at 270
and Of Atlantic Mail at 147 Government securities
nrm, and coupon hve-twenties Of the issue met
further advance Of T. At the open board at one
O'Clock prices were steady At the second board the
speculative feeling was very tame New York Gen.
trail closed 4 lower than at the first board,
Michigan Southern u, Quicksilver u. Erie and Ohio
and Mississippi certificates unchanged. Reading
was n higher, Cleveland and Pittsburg u. Prairie du
Chen u, Cumberland q. Government securities were
strong Coupon ten forties advanced hvetwenties Of
the old issue u.
At the open board at half past thgee and afterwards
the market somewhat dropping The following were
the quotations at four p NJ New York Central 93K
n, Erie s7A u, Hudson River lOsX 100,
Reading 107X 1oS, Michigan Central ITO u,
Michigan Southern o7K u, Illinois Central 12s
Il. Cleveland and Pittsburg nh "a ~ Rock Island 1ll%
~ Northwestern 27x x. Fort Wayne es 4, Prairie
du Chen 6414. Cumberland 46H. Erie is the heaviest
e~f0o-
tation that the Broad street party will before long begin
70 "bu" it. and relieve the street of the load Is
now carrying at loss The present indications are,
however that the party referred to endeavorng to
break down the price, whatever their future intentions
may be- and the dependence spectators place upon
their movements the better s likely to be for their
pockets Whether the probable closing Of the books on
Saturday will create any diversion next week remains to
DO
Petroleum stocks were rather dull at the first board
Pitholo Creek closed at So co. decline Of fifteen cents
since the hour yesterday; Cherry Run and First
National 1c lower the former selling at &c. and
the other at CSC Oil Creek SC. higher, closing at
So 90 Watson closed at 81, Montana SO, Fee Simple
11c Oceanic &c., United States $27 president g.
Webster 81 SO, Heydrick s7c., Excelsior 81 At the
second board Pthoe Creek closed at S. S. &C. lower
Excelsior Soc, or zoe. lower Buchanan Farm sold at
&c.,. &C. higher United States s27 80 15c higher
Cherry Run steady at &c, Germania &c., Oil Creek
50 81
There is no change to note In money The supply
tinues easy and the demand light Call loans made
at per cent and the best grade Of commercial paper
passes at with few exceptions on, while the
second rates at 10
The gold market was strong, and loans made at
1872 per cent per day. The opening price was 1887,
from which there a steady advance to lax.
Foreign exchange remains firm at 1927 ITO for
bankers bills at sixty days
The business the Sub Treasury to-day was as fol-
lows
Receipts for customs. Observation-Disclosures. $4O5 900
1otai receipts. 2073 621
Payments OBSERVATION-DISCLOSURES. 1,013,O72
oaiance ", S29. 1897
SUBSCRIPTIONS to government loan. 174,000
The Boston Troveler of Wednesday says
Notwithstanding the large amount of paper money
ahoat is fact that the banks short of currency
and have barely enough to pay out to depostors As
general thing they hold back the compound interest
notes and greenbacks which legal for the
large dividends the Institutions doing business
than would be cons dered prudent a specie paying
basis. Loans demand easily obtained by borl
r0wers satisfactory security at six cent short
dated taken by the banks and those having
few months to passed in the street at SEVEN
eight and nine per cent according to quality. The
stock market is animated and there are about many
buyers as sellers
Cotton continues to pour into the Southern ports from
the interior in nearly equal receipts pre-
vious to the war; the following figures will prove:-
B1Ls
Receipts at Mobile, from Sept TO IL ....... 10 COS
Receipts at Savannah, from Sept to H.. 9,346
Total. on, 49S
Tho stock of hand at the above ports the
dates given was as follows
Bales
Now Orleans Sept H.. 2057
Savannah, Sept d. ........................ 6,o77
Total. .l2s. 2l2
Stock at above ports Sept .122, 065
Increase. el47
The Collector of Internal Reyenue for the district of