The New York herald., 1866-02-22
FINANCIAL AND COMMERCIAL.


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WEDNESDAY, Feb. 21-ePM
rne stock market opened under depression this
morning, owing to apprehensions OF increased none
Ary activity and disposition the part OF the bears
make capital out OF these, and the immediate PEN
asncy of the Finance bill in hs House Of Representa-
uve The latter brought up to-day but it Is under
aood that IL will not be voted upon this week There
has been a furry in the loan market and the rate
tor money on call was nrm ut seven per
sent IN consequence Of the withdrawal OF
Large sums from the banks In legal tenders and ma
ona bank currency TO lodge the Treasury in pay
uAnt for gold sold by the government dur
lag the last three days. II is estimated that
shs amount Of gold sold this week is about
four millions II Is not the wish OF the Treasury
Department TO embarrass the money market, and the
Sub Treasury here will disbuse Its surplus Of currency
rapidly possible It's balance This evening stands at
the high figure Of So3 The sctOf two days en-
having bad to be provided for quckened the
demand for money abnormal extent and hence the
pressure will doubtless prove to be only ransie This
view OF affairs obtained the ascendancy the day ad-
vancsd and hopeful feeling took possession Of
the speculative mind the Stock Exchange attended
by corresponding improvement Of prices. The money
market at the same time worked gradually easier and
three o'clock loans wereoered per cent
the early Of the oen board the transactions
large under sales to reaaze. New York Central
sold sox, Erie (ales 1900 shares) 7ex, Michigan
southern (saes 700) &c. Cleveland and Ptsburg TX
Rock Island sales l000) 1925 Z, Northwestern 27H,
preferred 54ss Fort Wayne 92S, Schuylk,ll 1s1z At
She first regular board tho market 1rmer. New
York Central saes 6ll5 closed u lower than at the
half past two board yesterday Erie * Reading Mich.
igan Southern 4, Cleveland and Piteburg tx (sales
7,OOo, Northwestern X, preferred a. Lock Island IA
VnYt Il Mail 4
Government securities fiat Coupon fve-twenties
of the third issue Z higher; thirty notes,
second series, H; third SERIES H.
At the O'Clock sessions the marketrontinued to
gain strength and at the hapast two boa prices
still more in the ascendant New York Genital closed 4
higher than the lrst regular board, Erie z; Reading
u, Michigan southern y, Cleveland and Ptsburg "a
Northwestern preferred 81 Rock Island IL hrt Wayne
~ Ohio and Mississippi certificates 4, Atanac Mail H.
Pacific Mail stock sold at 2oa. This company has de-
oared dividend of Ave per cent pr the quarr ending
January 81, payable and after March 10. Govern
ment securities were dull b1t steady
the half-past three o'clock open board the anrke.
Inactive and barely steady New York Gentry sold
at 9I4, Erie s01S z, Hudson River f. - 1929, Nchi
gan Southern COX 81. Rock Island 104il, Cleveland
and Pittsburg 70 1881, Northeastern ls 81 275s Sre
FIRED 80, Fort Wayne 93sS. Afterwards the volumaof
business high, and there were no material chanas
IN quotations. Michigan Southern closed at 69ss x
cleveland Psburg 70 bid Northwestern preferred
SAY 80, Rock Island 1915, Fort Wayne 93;s, New
York Central Ola u, Erie s0yS 81.
gold market opened languid at 1867, but subse-
qucnily and closed at 1878. The steamer Henry
.hauncey from Aspinwal, brought 81. .22 OO9 in rea
The European which sailed to-day took
out specie.
Fore gn exchange has been dull but leading drawers
ndisposed to relax their rates. Bankers bills
England at sixty days nominal at 1855 x.
In the discount market first commercial paper Is
quoted at T per cent Outstanding loans at six per
have been very few called in to-day
the gcuenl expectation being that the rate will
sink back TO this figure. At the West the supply Of
money is reported to be more abundant
Business will he suspended throughout the city TO-
morrow. the banks Stock Exchange and public Offices
being closed except the Custom House. between nine and
zen A. NJ
Petroleum and mining stocks were active, but gener-
ally lower At the FIRST board Bennehof Run closed 40c.
lower than at the same time yesterday selling ri SIS;
Pthoe Creek 81 TO- selling at 80 o. United States 25c,
selling at $40 -. Oil Creek higher selling a
So Cbnt0p sold at 81 TO- Fosest County 4o., Palmck
Petroleum 81 TO- Pithole Consolidated 50 co. BennehoR
and Pthoe 81 TO- Blven So TO- Excelsior ST. Buchanan
farm 65c., Ham McClintock s., New York and Ale
shany -, Oceanic 3oc., Rynd Farm 6Jc Shade River
81 20, United Petroleum Farm s0o, Copake Iron 4Oc
Honawack 50 10, Hard Pan 81 S. Gunneil Gold 81 co.
aunneI Central S. Al the second board BennehOf Run
closed CSC lower than the first board selling $l4 Is
Bven sod at 80 75 Excelsior 81 o5 New York and Allie
shany 81 So OIL Creek s4so Palmer Petroleum "a 20 PIT
hole Creek 80 Is Shade River 8: 80 Union S. o. unne
Gold 81 50, Gunneu Central So 05, Hope Gold 80 2J
Quartz. HIN 50 20, Smith 4 Parnlee sl3 l5
rhs business At the sub-Treasury to-day fol.
fows:--
.r,,., ...us,.. .,n ao- ESQ
frctips.s..
P,6S9fII
faAhce' fO3, ,Va1fss
For customs. ....................... 442o 900
On account OF government loan. 1900
s"n S'J,VUD
Tho receipts OF gold from California year compare
with tho arrived during the time in 1865 as
follows
January 4....31 ,1ts, $50 January L. 49,. sss5. .6io
january H.. 3s3,5l9 January H.. sO2, cd
January :7..... 5ll 0SS February L.. o53 2ss
February a.... 6504l3 FohAary ~. Las. l4
Febrrary ~ 264 32l February 81. I,247.O .OO9
Total. .......S2 ,95S lg2 Total s., ili, i05