The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-04-26

The strength Of the home market for United States
stocks shown by the current quotations III the face OF
return of twenties from Europe and their decline
on the London and Frankfort exchanges TO point
per oent below the gauge of the market here.
The adviccs by the City Of Boston report five
twentics ut ~ y in London on the 18th
inst, against H1 724 on the 1lth. Erie
on the same day was steady at 541. So and illinois
Central at SOisasl Coasols heavy at further
decline Of "a, namely, S6lS T. sufficient sign OF the
anxiety which parvaded the public mind with regard to
the upsaot of the Austrian Prassian difficulty Con-
sderng therefore, the depression of the British funds
American securities have been supported with great
0rmncss.
At the o'clock sessions the market was generally
steady but dull Spruce Hill Coal was weak, opening at
So and selling down to 51s. At the half.past two
board the market stronger Cleveland aud Pitts
burg closed Z higher Cleveland and Toledo ~ Fort
Wayne 81. Michigan Southern a. New York
Central Hudson River and Northwestern pre-
ferred were uaaterel. Reading was q lower.
Illinois Central q, Western Union Telegraph "a, Ohio
and Mississippi certificates 4, Government securities
were quiet Coupon five wenties of the 1892 issue ad
vanced u Ten-:orties declined Il.
the open board at half past three the market
strong New York Central sold at 931, Eric 73l< q,
Hudson river l09'i, Reading 1042i 1o5 Cleveland and
Toledo 105 Michigan Southern s3H Cleveland and Pitts
burg 49, Rock Island 122h r. Northwestern 29i4 pre-
ferred So Canton 55js, Spruce Hill 5k a y. After
wards the market continued animated and firm. North
preferred in demand, owing to tho publ-
cation Of the earnings for the third week
10 April which we're $12i,7s3, against 500, 100
for the corresponding week last year. showing in
Of $24 o93 Cleveland and Pittsburg and Hudson
River also freely bid for At half-past I've New
York Central quoted at 934 93s, Erie 73h 73is,
Hudson River 1904 no. Reading 10511 1854, Mch
gan Southern s37I "a, Cleveland and Pittsburg "a
SAk Cleveland and Toledo los 1851 Rock Island 122E
1875, Northwestern 29s. 2oM, preferred 59h 59,
Ohio aud Mississippi certificates 28tt 81 Canton 81
67H, Cumberland 441S Az, Quicksilver 52K SIX.
Tho gold market was very Arm all day. and loans
generally made at $40 y per cent per diem. The
opening price 1903, followed by decline of y and
a steady advance to l27H l27X-the closing quotation.
Foreign exchange was steady but inactive, and
Of the leading bankers refused draw at tho nominal
rate Of los for bills England sixty days, owing to
tho advices return Of nve-twencs by the Africa,
shortly due Halifax The further decline Of cotton in
tho Liverpool market likewise tends to advance the
rates.
There Is only tho old story TO repeat with
regard TO the money Market the extreme rate
OF which is auring to spectators for a
rise. but discomnting to those who have involved
themselves in operations for fall Loans continue to
DO made railway collateral at per cent. and at
81 on governments. The discount line Is rather in.
active and first class commercial paper in request
6aS per cent and the sccoad best at as The drain
or currency from the West is still felt to moderate ex
tcat aud Eastern exchange Chicago reported
and in good demand at par buying and 1-i0th premium
selling
Petroleum stocks were active, but lower Mining
stocks steady In the afternoon both steady
At the board United States closed roc lower than at
the time yesterday; Consolidated Gregory Gold was
SOC higher Liberty llc., Quartz Hill 10c At the second
board United States closed zoe higher than at the first
board selling at 80 5o Excelsior sold at 65c OIL Creek
soc Pthoc Creek So So Shade River 45c Atlantic and
Pacific SO 10 Quartz Hill S. 25 Bates Baxter - 80,
Smith Parmeloe IS 90 Is. ~
Mr. Morrill, reported b. from the Committee Of
was and Means In tie House Of Representatives. this
afternoon to amend The Internal Revenue act, which
was real twice and referred to the Committee Of the
Whole and ordered to be printed and made the special
order for next Thursday week In this the modinca-
tions which have been Published are introduced
with a view TO diminish or abolish the most vcxatious
and least productive the government OF the imports
under the act a. stands-a course absolutely called
Cor in the present state Of the revenue.
remarkable instance Of prompt legislation occurred
In the House to-day in the passage Of bill levying
duty Of twenty per cent nd vaorcm upon all horses
mules, cattle, sheep, pigs and other live animals i'm
ported from foreign countries. This had its rise In tho
rcpor, that sheep being driven across the border
from Canada FOR the sake 4 shearng them here, and so
avoiding the tax on wool It Is evidently Of
''dismcnd cut diamond on both sides
The statement of the Clearing House banks for tho
quarter ending or the I'd inst, is thus rendered.
ifAgiilTIEs.
1865 1885 1895