The New York herald., 1866-07-31
FINANCIAL AND COMMERCIAL.
MONDAY. July 800 P. NJ.

MONDAY, July 800 r. M
The chief topic Of the day been the Atlantic cable
ths Of which gives the highest satisfaction. and
tended with the prospects OF peace in Germany to
give stimulus to the speculative activity OF Wall
street which is lively and better sustained than
has been for some time past. The money market con-
tnues extremely easy and Ave per cent Is the highest
rate for call loana considerable number OF ransac
tons reported at and even at lower rates There
Is such abundance OF capital seeking employment on
ean that the lending institutions have no small dmcuity
10 ind an outlet their idle balances Another reason
for the is general confidence which prevails
Every ono seems to anticipate there be very
extraordinary amount OF activity in the fall trade 10
in this general security that one Of the chief dangers Of
the situation lies third and very active OF the
pleshora OF the loan market Is the sup
uay OF currency a the financial centres Many Of our
banks loaded up with the national bank notes that
u requires tho most skifui management TO get rid Of
hem without loss Hence large holders in few in
ssanoes compelled lend them for days without
interest on condition that the loan shall be repaid in
Sreenbacks Loans for longer time on the same con.
salons are making at a per cent The discount
asmand Is very limited and good bills continue scarce
Choice names pass ~ ga az.
Tho stock market opened this morning with very
sctve demand for government securities based the
Aews BY the China OF another advance in fvetwenties
oo the 2ls inst the London Stock Exchange Early
this morning sales OF old dve-twentes made as high
~ 100 At the board the sales large was
anticipated and the prices made 1854 1854.
fhis shows advance of about per cent since Sat-
ardsy. In fve.twenties Of 1894 there nothing do
Ing but those Of 1855 advanced to 1861 1851. The
tsn-forties were In moderate demand and TO esh,
and the seven-thrties to lO4A lO4n. State stocks
were Hm, Bounty loan being In request at l04L Ten.
at 71k, Tennessee at ooH, and Georgia SKIES
At 100. Railroad shares strong. New York Cen
tral advanced u, Erie ~ Michigan Central y, Illinois
Central u. The chief interest in Rock Island, To-
lcdo, and Fort Wayne which advanced respectively lx,
Ih and u per cent Pittsburg 10 900 shares
a 86,4 = S6x or the miscellaneous stocks Boston
Water Power Is steady at "a. Mariposa preferred ad.
vanced to 26H, Quicksilver to 5ll4, Western Union
Telegraph 10 81.
Al the O'Clock session old fve-twenties sold at
1885, being recession OF 4 per cent from the
ing quotation. Bonds OF 1865 done log Il, while
Ten forties closed firm at 9S Railroad shares nrm
Rock Island advancing 1922 Toledo to l15ia and Fort
Wayne to 102 The business was large in Northwestern
preferred which sold up TO 66h and in Erie, which
siosed at 65I.
Al tho hafpast o'clock regular board governments
wero steady at the quotations. but there activity
The railroad list exhibited tuoyancy Erie rising TO
ssk, Rock Island TO l02k, and New York Central TO
1ooK. The three o'clock open board the ami
general advance Of prices. The heaviest transactions
in Ere Pittsburg. Toledo and Northwestern pre-
fened.
~ half past Eve P. M the following the current
quotations, the market closing strong-New York Gen.
ssal 1864, Erie 6ox, Hudson River 1l0X, Reading
IIix, Michigan Southern SAX, Illinois Central 122,
Cleveland and Pttsburg ST. Rock Island 1918, North
western sok, Northwestern preferred 66I. Fort Wayne
102x, Ohio and Msnssippi certificates 2s1<. Cumber-
land <6K.
Petroleum shares inactive, and mining stocks
extremely nat Al the first session OF the petroleum
board Benpehon Run sold at s. So United States IS,
Consoiidased Gregory Gold $50 ao Now York Gold 81 26
Oak Hill e. IS Waikiki 93o Smith Parmelee 50. AT the
board Benneho Run closed l6c lower than the
1s board sailing at IS o. Waikiki was l7c higher sell
tsg 81 TO- Shade River sold 25c Downievlie Gold
go, Ganneil Gold 81 16 keystone Silver loc, smith
rarnsass -.
The statement Of the Clearing House banks for the
past shows few changes The legal tenders have
assamuhtsd 70 the extent Of four millions. The de-
Donh and the loani show also an Increase while the
apsois has declined million. We suboiu our usual
4oe~paenAivs ssstement--