The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-11-06

Clearings $762 264, 04I $76l, 93, 453
Balances. ............ 27,423,s2 25104,9ll
One two of the private bankers the bear side
deavored to create impression that money bccom
less abundant in proportion to the demand by advanc
their lending rate to six per cent this mornings but the
banks made change in theirs and lent freely Hve
and in number of instances at four per cent, the
jory of first class houses supplying themselves at the
latter figure There is perceptble outward drain Of
currency and the supply Of loanable funds will be
likely TO increase than diminish at this during the
remainder of the year There Is material change in
the condition Of the Western money markets The Chi
csgo Tribune, Of Friday, remarked:-'Some Of the dis
count houses report the market rather close but not
comfortably So elsewhere easy and currency shows
signs Of accumulation" With respect to the Eastern
cities the Boston Journal, of Saturday. said-"The
s,eadness Of the money market is maintained and each
succeeding day tells the story OF and album
dance.n
AT the early session Of the open board the market
arm, and at the first regular board it steady,
with we'll distributed volume Of business. Atlantic
Mail sold up to 1914 the Committee Of the Stock Elk
change having reported in favor OF the decision Of the
board in open meeting Saturday, namely, that the
stock Of the company Is not good delivery under
existing circumstances The arguments for and against
the injunction will be heard very soon, and meanwhile
those who sued have the qualification OF knowing
~
the shorts" into covering at considerable loss The
whole transaction Of Wall street strategy and is
merely interesting as a smart attempt At "corner
ing" operation Government securities showed in
creased nrmness and activity Five.twenlies Of
1855 were y higher, issue u, seven
thirty notes OF tho nrst and second series n
Missouri State skies Il higher. Tennessee Sizes
u lower. New York Central closed X higher than
al the same time Saturday Cleveland and Toledo ~
Northwestern az, Axiom and Terre Hauts y, Atlantic
Mall T. Erie was u lower, Reading r. Michigan
Southern u, Rock Island u, Fort Wayne x, Ohio and
Mississippi certificates y, Western Union Telegraph n.
At the one O'Clock open board the market steady
but rather dull At the half past two board still
steady In tone but prices fraction lower por
ton Of the list New York Central was however buoy
ant and closed TX higher than at the FIRST board Erie
was " lower Reading u, Michigan Southern y, Rock
Island y, Fort Wayne Y, Alton and Terre Haute y,
Ohio and Mississippi certificates y, Atlantic Mail
There moderate business transacted in government
securities, and coupon SKIES Of 1881 4 higher i've
twenties OF 1882 y. Tennessee SKIES, new, we're u
lower. AT the last open board there material
change either in the speculative temper prices Atlantic
Mail excepted which experienced further decline 1926
New York Central sold at 1924, Erie sax, Reading
111k, Michigan Southern %, Cleveland and Pittsburg
eak. Cleveland and Toledo l2oX, Rock Island lloH,
Northwestern 5sk-preerred sok. Fort Wayne lilo. At
lAntc Mail l2o Afterwards the market dull and
somewhat irregular, closing steady at halrpas I'VE at
the following quotations New York Central 22k y,
Erie sax a y, Reading lleH 1l7H, Michigan South
ern e3k Cleveland and Toledo 1907 121 Rock Island
HOY q u, Northwestern $50 k-preferred SOY q y,
Fort Wayne lo9x Ito. Compound interest notes
quoted thus by the dealers June, 1884, 1i6yS 1l7h;
July, 1854 "; August 1851 lloh October, 1l4,.
ilbk; December lisf l14h; May, 1l2I
1.-The gold market continued rm and the supply Of coin
Is abundant that made either without interest
or by paying 3a4 per cent for having the gold carried
The opening price was 1ist followed by decline to
lsTH and an advance to 14s, after which relapsed
70 l4sh, the closing quotation being l4sSan
The foreign exchange market was dull, and at the
close OF business bankers bills England sixty days
werc quoted at 1925 i0sx at three day. 10Y
1i0k, commercial bills 1884, 100. Francs at sixty
days, DIX 5.leh; At three days, 5.oss a512H
Bills on Berlin, 72H "a; Bremen, 7e 7e,.; Frank.
fort, 41k Az; Amsterdam Al a 4ss, Hamburg
3oS 81; Antwerp 5ls,4 ABBY
Mining stocks dull and apparently neglected BY
the public Al the nrs board La Crosse gold closed &C.
lower than at the same time Saturday selling at
81 Is; Atlantic and Pacific loc, selling al IS IS % 81;
Nye gold was &C. higher, selling at 2sc ophir CSC sell
Ing at % rs ,b.lol