The New York herald., 1866-09-05
FINANCIAL AND COMMERCIAL.


NEA9A Sd LIZ WMDAx, DopeeDbM 60 r. y
n stock market opened with an improved tone thh
sAssasah, although q intervals lacked snimsson-
Ravsy stocks have been largely bought up during sns
a nv days BY hoss who undsrsood 10 be In favor
q vigorous "bun" campaign and who have the pseu-
sny sbiy V give force 70 their Determinations THIS
ckv1ms>ancs ID however, unmporsnt, - the course OF
- saarket-yansisnt reactions excspesd-n TOT some
'Hne 70 cone entirely independsat o. tne Hons
- pesulasoss; and al The brokers ana
spss.so In Wan street combined 70 ssi 'shor" 70 ths
fan sztsnt sl tAeir ability. the rsu would o. tnAs
vssss would soon bs higher than II shsy had mot done
=. Values are imprevng At the sams time that money
- wisA dicslsy smpIoysd q fsuf psr cent ana the
ps<hOsa 10 iscrsasing notwishstanong nsns western
Aruina drain % limited, however, that s effect has not
70, bssu sss hsra Although the sub-Treasury has
.sirssdy dsbsrssd 10 10 reported ts2, 900 900 In re-
dsmpaaoa Of the temporary losn. leaving little
nero thea o. 10000 TO be paid out, the balance in
aAs 90 Teasursrs hands this evening including gold,
= Sel 2ss0o4 showing that large currency reserve
,sea remains u the disposai q the government not
wishstandiug that IL maturing obligations in August
aggregated sso.oooooo
rhs demand from the stock Exchange Is still light,
sDas isss sluggish than at any time since wednes-
dsy last owing to the rsviving activity Of business and
che banks connus bs free lenders at four per cent
y - y
ca paper Offering for discount and tho best grade Is in
requsss al per cent some drawn at SIX months ia in
shs MARKET but Is regarded by lenders with certain
degree OF suspicion.
Al the early session Of the open Stock Board Erie sold
at 77k Michigan Southern ss3s, Cleveland and Pitts
burg s6ss Northwestern S5i4 Fort Wayne l03, Mari
and Cincinnati first preferred 429 Mariposa pre-
fsed 27ll At the first regular board prices were gen.
orally higher, and the tone Of the market was hrm
Ers closed higher than at the same time yesterday
Reading Y, Michigan Southern ~ Cleveland and Pitts
burg y, Cleveland and Toledo ~ Fort Wayne u, Ten
rueseee Sizes new X; Missouri skies l. Western Union
Telegraph " New York Central was x lower, Rock
1slsad n .ohio and Mississippi certificates x. curnber-
land " Delaware and Hudson ~ Government
gold bearing securities showed increased lrmness and
activity Coupon fve-twenties OF 1862 were II higher
second issue n thirty notes were steady and
but slightly dealt in. At the one O'Clock session
and previously prices experienced fractional
decline At the hafpast two O'Clock board the market
was dull but frm New York Central closed 70 higher
1t the first regular board, Eric ~ Reading "a Rock
Island =, Northwestern q, Fort Wayne u. Gov
ornmsut securities rather heavy. Coupon i've
Of 1852 lower issue Of 1865 =, ses en-
thirty notes OF the second and third series II.
Al the three O'Clock open board the market was steady
quiet New York Central sold 1926 Erie ses Read
ting o. 81 1884, Michigan Southern s3 Rock Island Is
iosh. Northwestern preferred 6oe<, Fort Wayne lo4
Ohio Mississippi certificates 20, Msrposa preferred
o. 81 ETY.. Western Union Telegraph d. ~ 6s% After
wards market closed nrm and at half-pas i've New
York Central quoted at 1854 N Eric 72ssa Hudson
River lis,. bid Reading li3}E ~ Michigan Southern
Sax x Cleveland and Pttsburg s6,< - Rock Islam
lssx u. Northwestern s57s z-prsfered e65 = %
ysu wayne lo4 ". Ohio and Mississippi cerus
"a y. Quicksilver 5o. q =. Compound yrn,s ,ss1
were snosed, according 70 date, ~ unt - ns,oh.r
1iss X; July, max us; August r., ,scs ,,o ~
1isa Y, December, liz q ~. -. o.,on.r MI
Aaga.s, 1851 ios; sspsp'@' '0' = o''''' ~
. - ., .a -
,-.4ssd borrowing demand occa-
x large "short" interest the rate
advanced 70 7-82ds per cent per
= favor or the lender. The transactons-
varied from asa to SIG previously. The open
zx proc ll5x, followed BY an advance to laeh. II
= Afterwards reacted, however, and closed st hs's.
Durss9 the afternoon was in circulation TO the
esos sha. vewsntes had declined TO 121s In London;
bus sh wss conradicted BY subsequent telegram re-
porsang American securities follows today, TO which
su0<assous We append those current two previous