The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-07-03

There very strong undertone to business on the
stock Exchange and although the volume OF
'sions light prices advanced. Erie was especially
active and in the ascendant, while Reading and Fort
Wayne In demand at improved quotations There
IL prospect OF July being month Of speculation in
which prices cannot fail 10 take a sharp upward
turn The will do we'll nevertheless beware OF
Erie. which Is disgraceiully manipulated by
power with view to entrap outsiders and afterwards
rifle their pockets
At the early session OF tho open board Eric sold at
SEA, Cleveland and Pittsburg SO. Northwestern 80.
Cumberland AN At the first regular board the market
duIi but firm; Erie closed ~ higher than at the
tnne Saturday, Michigan Southern a. Illinois
Central u, Northwestern preferred u, Western Union
Telegraph r. Ohio and Misslssppi ncstes y
Tower. Government securities steady Coupon
hvetweuties OF the third issue advanced u, sescnhiy
notes Of the third series y.
Al the ono O'Clock sessions pnces without
shangs. Al the hslfpas two board the market
s,ssnant Reading closed u higher than
the first regular board This stock is strong owing
40 the large business OF the road coal tonnage OF last
week having been io7, s2s TONS making, for the first
cven months OF tho fiscal year, g9S Ola TONS against
1881 $50 tons for the time last Erie less
active and u lower. Western Union Telegraph Il. Gov
eminent securities firm, and coupon hve-twentes
OF 1852 advanced y.
Al tho open board al half uast three the
MARKET strong. Erie sold ut 63'S, Read
ing 1855, Michigan Southern 7sL, Cleveland
and Pittsburg s3k, Cleveland and Toledo 1861 a,
Rock Island e4X Northwestern 30,s, Fort Wayne
ok, Ohio and Mississippi certificates 1885, Afterwards
the street. tho tendency OF prices upward and at
bafpast are Reading was quoted at l06 Is. ex disi
dess Hudson River ll2 ll3 Fort Wayne ebis 90,
ex diViae.s: New York Central esH y, Erie 63k q,
michigan sou''-rn 7sk TO- Cleveland aud Piitsburg
sS& y, CLEVELAND ~nd Toledo lo6E l07, Rock Island
SiaT Northwestern 30. 1-preforred 5sa u, Ohio
and Mississippi certificates az y! Canton 81 q So
Cumberland ~ ASS, Quicksilver 40, western Union
Telegraph 5Its a 81
The regular and open stock boards and the petroleum
board agreed to adjourn from this evening 70 thursday
morning In order 70 allow melnbers enjoy sthe
FOURTH the better out OF town. There viii.
.quentiy be only limited Of business accd
securities morrow that will be- exclusively con
Hned to the open and the counters OF
governments. The Gold Room viii form an exception
this rule snd the dealings in foreign exchange ~ii be
conducted usual without interrupt on.
The supply of money continues extremely abundant
,at the Stock Exchange at a per cent, with the
majority OF transactions the lower rate whilc first
class commercial paper Is taken freely per
discount Tho statement Of the associated bank for the
vcck reflects easy condition OF monetary affairs The
deposits 50 ISL 9s4 the LEGAL tender notes
ses2 x and the circulation sl2i 22s On the other hand
the loans have increased In abou, the same ratio
the depcsts-natney, s2t47,3oo. The specie has
decreased only sTos s7s-a small sum- dering that
aeary three millions paid into the Custom House
Tor duties Last week. There now remains only
s7.Tw2f Of coin In the banks Of this city Tho totals
Vi the present and Last previous statement stand thus