The New York herald., 1866-09-07
FINANCIAL AND COMMERCIAL.

rWvasp,s, sers. s-sPM
The stock market siII aai unsettled oansisian
which invariably attends The struggle r heavy specaa
buy without f"rc,ns up prices durag shs process
Or buying rhs brokers and rpsrslara who have lusi
~s1rnei from tho coun,ry. after their rasioa
tlon. without stocks having sid before sasiAg
the city, and they ars, ray. dssirous Of had
ing up" II prces a. low po ssibls asd hencs shs.r
vigorous efforts In d-pe the market ny shaking stocks
out of the hands OF holdsra thus far. With ihe
exception Of Eric they s-t than they have
gained by tho attempt the natural current
Their man object however, h 10 succeed IN buying q
present prices " they rnsbie 10 pat them loser,
which can only be don. by alternate hammsrinx ana
sayng; for u they TO commenee euymg ~ q
strong market prices would advance with every hundred
sharss ihey purchased The petty brokers and hand
mouth operators are msniy the bear side hut the
s$rong houses VIM sr- by prn-
sapaea aro not so found among their number Tho~s
who srs now 'bearsnx' stocks will shortly NJ 'buIing
she only 10 bear them again when the tide ~ pecu-
laiiou sets the o'hcr way and they happen 20 be
Tong or s.short," arc their opinions.
Money remasus bt,s batter than a drug xarge
amount beng held orsmroyed by the banks The sen.
Eai to stock houses Is forv per cent; hut the
leading dealers In securities enabled
supply thor at tn There no percp,ibie
she best grade Is In request at5ak per cent Paper
Drawn II ninety DAYS has been done as low a. Ave
AZ the ten O'Clock open board the market steady
tho closing prices OF last evening Eric active,
and sold at 10k ", Michigan Southern 81 Cleveland
and Piitsburg SO 4, Rock Island 100, Northwestern
ssH-prsferred osk 4. Fort Wayne ioasz. Hudson
River 120A Reading 1i3H, Marposa preferred 2-A.
At tho st regular board the market lacked animation,
sut remained steady. Fro closed without improve
nent, and 2H lower than the samc time yesterday.
Michigan Southern x, Illinois Central ~ Cleveland
md Toledo y Rock Island 4 Northwestern preferred
II, Fort wavne y, Ohio and Mississippi certificates
y, Marlposa preferred Y Western Unon Telegraph y.
Hudson River Y higher Government securities
zero heavy. Coupon OF 1891 showed a decline of
u, hvctwcnties o. 1892 T. ten-forties * sevenihry
Of tho nrst scriea r. second series u. Nth Car
oins State bonds Il lower.
A. the ono o'clock session tho market was n shade
1rmer At the halr-past board Erie sold down
% 6es( closed IL lower at tho first regular
board, Northwestern k-prererrcd y. New York Cen
ersl was higher, Michigan southern u Government
securities continued heavy Coupon skies of 1881
y lower Ave twentes Of lse2 r. of 1895 4,
thirty notes Of the SECOND series y. third series n.
Al the three o'clock open board Eric sold down to
ssx, but the Of the market was about steady
Afterwards Erie further beaton down. and touched
osss from which point reacted TO coy At half past
Ave 1t closed steady nj 69k y, whe the general
market firm. New York Central quoted At
lo3a u, HudSon River 100 u, Reading Ii3h a q,
Michigan Southern 81 x, Cleveland and Pittsburg s5,S
= SO, Rock Island l0ox x, Northwestern 35ss -
preferred 66's 4, Fort Wayne i04X, Ohio and Missis
sippi certificates 20 ~ Cumberland 46Is ~, Quick
silver 30 Y. Some foreign orders for Eric limit
Of 44Is TN London, net filled this afternoon The
stock 46k abroad s with geld At lac, equal to 7l
hePs
Gold has bcen steady but rather dull The opening
proc was 146 followed by decline OF y and an ad
sanoe A6k Afterwards Il drooped somewhat and
siosed steady Al 1857 140 Loans made early
shs day per per diem In favor OF the lender Of
tho con and subsequently, 1oa following which the
transactions were generally " nat
The foreign exchange market was steady At the i'm
provemens OF yesterday. Bankers' bills England
axty days quoted among the brokers At 100 Y;
short sight, 1o1 y; commercial, l0lK 1oSk.
A. the1ast meeting cf the Clearing House the Tenth
National Bank was admitted TO membership Al the
aAms time che psopostion Of the FiFst National Bank
admit national hank notes In the settlement Of b.
aacss was nsgstived BY tho decisive vote Of thryAvs
asAinss 7hs vote was however, informal and the
proposition win b brought up for formal confederation
a the ssxt meeting.
Tho statement Of the public debt for the month Of
August shows reduction In the principal since the
yrsvous statement Of t42,l01 71s deducting she
amount ths Treasury from each Of the returns, Of
|91Y, ,l1o l0s The changes In detail shown in the
following statsmsnt:-