The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-02-17
FINANCIAL AND COMMERCIAL.

FRIpAY Feb lisp NJ
I'm, STOCK market continues active and strong and the
number OF buyers Is rapidly increasing. Orders are
coming into street from the INTERIOR under the stm-
ulus OF the increased railway earnings the settled as
pect Of our foreign relations and revival OF confidence
IN the stability of values Some OF the BEARS in view Of
this condition Of things covering their contracts,
and shs assists the speculation for rise But
the outstanding sshort'' interest is SO large
that If general rush to "cover'' took place
a very sharp upward movement would be the result
The bear houses already feeling the effect OF the
turn Of the Market and the failure Of two OF their num-
ter was announced to-day The buying in to close their
contracts stimulated in some degree the tendency OF
prices early the afternoon Neither OF the FIRMS re-
fered to belonged to the regular Stock Exchange, but
their aggregate liabilities reported to be heavy
At the early session Of the open board New
York Central sold at s97s, Erie &c. Reading
1O1H Michigan Southern 70X, Cleveland and Pitts
burg sly. Northwestern SK, preferred 56H, Fort
Wayne s4H Terre Haute a5 At the first regular board
there was large and well distributed business Michi
gan Southern in strong demand sales 1900 shares
Atlantic Mail was active sales 500 shares and closed
Az higher than at the hafpast two board yesterday;
Chicago and Alton S, New York Central *, Reading u,
Michigan Southern u, Cleveland and Pittsburg y,
Northwestern Il, preferred y, Alton and Terre Haute
r. Cleveland and Toledo 4, Cumberland u. Govern
securities strong. Coupon fve-twenties Of
the third issue advanced II, seyenthirty notes Of the
first, second and third series Il.
At the one O'Clock sessions the market was active,
but H - per cent lower portion OF the railway
list At the halfpast two board IL showed increased
strength and animation. Erie closed H higher than
AZ the first regular board sales 700 shares Reading u
Cumberland r. Northwestern, Rock Island and Fort
Wayne were steady. New York Central u lower sales
4loo sharesl Hudson River ~ Cleveland and Pittsbure
u, Northwestern preferred %, Chicago and Alton 3
Atlantic Mail u. Government securities were steady
Coupon likes Of 1881 y lower, sevenhirties notes
of the second series r. Compound interest notes were
quoted as follows by the leading dealers in themJune
1864, 10S; July, 1854 l07k August 1854 1861 October
1854, 1853; Deceu,ber 1884, lo44; Nay, 1865 1o3A
August, 1865, lo2A; September, 1896, lo2; October
1866, 10lh. ..l. ....,. M, ..ts
After the call prices continued to advance. and Erie
sold at but at the open board at balfpast three
less baoyant feeling prevailed Now York Central closed
At soH, Eric So7s ,sales $500 shares Reading 1917
Michigan Southern II Y. Rock Island 1861, Butler Coal
company Is. Afterwards the market remained steady
at half-past ~ e:alecks New York Central was
FED at 9o5s Al IA 1QX a3gal1A River lo4 bid,
Ting lolK Y, Aichlpn soptksTn 7l1, Cleveland
sisburs SIX, Raak Island ansy( ! LOG, Fort Wayne
ollowing table shows ~ Improvement which
place in the prices q .leahing railway stocks
second board the - inst and to-day =