The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-02-16
FINANCIAL AND CONNER IAL.
TurrspAY Eel. 15-6P. M.

THURSDAY Feb 15-6 p NJ.
The stock market has developed increased buoyancy
ard activity to-day The speculative feeling among the
brokers professional operators Is becoming stronger
and there are orders TO buy coming IN from out
side parties than usual of late AT the early session Of
the omen board New York Central sold at 500, Erie
Hudson river osI, Reading l0 Michigan Southern 10
Cleveland and Ptsblrg 81, Rock Island 1855. North
western 2SiE, preferred 5GsS, Fort Wayne s3H
Al the nrst regular board there was a brisl
demand for all the leading stocks, and particularly
Rock Island and Ohio and Mississippi certificates
The recent decision OF the United States supreme Cour
favor of the Ohio and Mississippi Company makes h'
city Of Cincinnati u stakeholder 10 the amount
Of million OF dollars instead Of first mortgage bond
holder 20 that extent thereby confirming the decision OF
the court below. THIS removes the impeachment to an
immediate discharge OF the receiver and the reorganza
ton of the company, by which certificate holders will
receive stock for their certificates Rock Island closed
the call y higher than al the half-past TWO
board yesterday, Ohio and Mississippi certificates y,
View York Central q, Ere 81 Northwestern preferred
n, Alton and Terrc Hau,e " Atlantic Mail ~, Quick
silver a. Government securities were dun but firm
Coupon ive-twentcs OF the issue advanced -.
Al the one O'Clock sessions prices were 4 II per
cent higher throughout the Ysroad list At The half
past two board the market nIn and active, but
shade lower New York Central closed = higher than
at the first regular board Reading q, Michigan South
ein (saes 300 shares J. Cleveland and Ptsburg %,
Northwestern =, preferred Is, Rock Island Il, Alton and
Tere Hautc 2b, Chicago and Alton 2 Cumber-
land =, Quicksilver a, Atlantic Mail AZ The
latter has exceptionally active the sales at the two
regular boards having aggregated e2j shares Government
securities continued rm Coupon SKIES of 1881 advanced
y scyen-thirty notes of the second series q.
At the half-past three open board the market was
cl,to
Michigan Southern 10 Island and Ohio ard Mississippi
certificates. Rock L land closed at 1867 Ohio and Mssis
sipr certificates d. 10Y, 272; Michigan Southern, 7O3S;
New York Central, s92l; Erie, 1898; Hudson River,
io4E: Reading, 1915 Cleveland and Pitisburg, SIX;
Fort Wayne 941S.
Afterwards the market steady and prices were in
the ascendant AT hafrast five Erie was quoted ut 1913,
Hudson River 1914 Reading 1915 81 Michigan South
crn ,o% x, Cleveland and pittsburg sl% 4, Rock
Island 1861 x. Fort Wayne 941S "a, New York Gen.
trni s9sf Il q.
The money market shows extreme and the excep-
tious five per for call loans have been
to-day than during the last week, owing mainly
the reduction of the of interest temporary de-
poits The SubTreasnry The regular is however,
siS per cent Thc-iiscount line is du and first class
commercial paper, which is in moderate supply,
passes at per Al the West growing
,ary reported and this is inducing greater
Idence in the stability of prices. The Cincinnati Garck
Of Tuesday says that for week ten days the money
market has been steadily improving under increasing
supply of currency, aud that now. with demand for
inans healthy in character and moderate in amount, it
works with Exchange New York rated at
par buying and Ito premium selling
Tho gold market opened dull at 1377s and gradually
declined 1879. II subsequently, recovered 1855
the closing quotation. Loans made during
The forenoon at sd per per day bn late in the
day n per cent was paid for having coin carried
Foreign exchange was in moderately strong demand,
and the experienced further recovery from the
recent depression. Bankers bills England at sixty
days quoted at 1914 los three days 100, COM
mercisl le7 x. Tic best bankers bills ON Paris at
long date range from ST. DC &C. &c. other grades ST.
25cSa 81. 30c At New Orleans the foreign exchange
rnarket is reported much lrmcr, and cotton bills
quoted at 149 for currency. Tie European
sivces by the Bremen indicate improving condition
Of monetary affairs. Erie quoted in London on
January 81 at 56l q soy, against 55}s 55at by the
Austraasan and Illinois Central at 751 s5,s, against
T,t .5ts. Five.twentes were steady.
A meeting OF bank officers Is appointed to take
place in this city TO consider the circular
Published this morning. of the Treasurer of the United
states in reply to tho response Of the banks TO former
circular on the taxation their gross instead their
net deposits.
The London Times In lis Money article OF January TO-
looks gloomiy upon the condition Of financial affairs
the United Kingdom. II says
The course Of exchange al New York on London for
bills al sixty days sight Is l0s 1857 Al this rate
there u profit on The importation OF gold from the
United States
The Of ESQ 900 in gold taken from the Bank
to-day for tho continent
Each department OF stock exchange business shows
increasing gloom the report vi the Joint stock Discount
Company. the shares of which, with EIO paid,
market In connection with half monthly settlement
have been aiItc I'd by large withdrawal o, gold
fon the bank on every side HE evidence daily be-
more complete of the serious condition tie
try would have acicd IL the cainur for cheap
money behalf OF unsonId firms aud the promoters or
deceptive companies had been gratiled AT any time
during the past three months Cpnsos opened without
alteration at tie II trcc oi yesterday sea 81 and
the haal ggoa;ion was sO7a exactly
Foreign securlties-.n which the half monthly settle
ment takes place o-morrow-sh0w the usual general de-
rliue.
American securities quoted in London the 10 |,
nit ~ follows
United States q ~ yrs, 1SS, ............ G6L 6Gtt
Virginia per cent NEUTRALITY-SUSPICIOUS.. ~ "a ~
Do. per cent ................... lOis "a 4lis
Atlantic RBd Great Western. y. \. Soc lst
mort, 1880 per cent. T5 ~
do. do, I'd mort, 1881 .................. ~ 10
do. pennsyivani lst mort, 1877, y. g. Z, ~
DO. do, I'd mort, 1882. ................ 80 ~
Ere sbarrs 500 tall PAID ............. 10 5dis