The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-06-22

the commencement OF May was as UNDER
Highess Lowest
Week ending May .128n l25h
Week ending May l2.......... .l29K 127x
week ending May l9............1 S0K I29K
Week ending June 2............14lX 1879
Week ending June 9........... .l461 1857
Week ending June 10. ......... 16OH l37A
The active speculation going forward In gold has
tendency withdraw capital from the stock market and
honoe latter languishes but the expectation is gene
raj that an railway shares cannot be
deferred much longer Fort Wayne. Reading, Michigan
Southern and Rock Island the rmest OF the specu-
iative stocks at present.
At the curly session of the open board Erie sold at 5sA
Az New York Central 90. Reading 109h, Michigan
Southern e. 81 1871, Cleveland and Pittsburg s6h s5h.
Cleveland Toledo 1917, Northwestern 3Opeferred
5oh Fort Wayne e77S, Ohio and Mississippi certificates
27A Canton SO. At the first regular board the market
was quiet but moderately firm, except Tor Pittsburg
Cleveland and Toledo closed u higher than at the half
past two board yesterday, Fort Wayne u. New York
Central u lower, Erie ", Hudson River A. Reading
" Cleveland and Pittsburg ~, Rock Island r. Gov
eminent securities were dull, but generally steady.
Coupon nvetwenties OF the third issue advanced 4,
ecyen thirty Of the second series r. Tenforties
declined u.
At the one O'Clock sessions the speculative feeling
was tame and prices without material change
At the hapast two board the market continued dull
Now York Central closed e higher than at
the frat regular board Cleveland and Psburg n, Rock
Island X. Reading was lower, Cleveland and To.
iedo u, Northwestern preferred u, Atlantic Nail Ia
Government securities steady at the morning
prices. North Carolina skies u lower, Tennessee
SKIES u higher.
At the open board at half.past three there
noteworthy alteration in prices, and the transactions
limited. Erie sold at 6sN. Reading %. 81 1887,
Illinois Central 1908, Cleveland and Pittsburg S44,
Cleveland and Toledo l07n, Rock Island esq., North
western 2eA-prcferred 69K, Fort Wayne osL, Ohio
and Mississippi certificates 26T, Western Union Tee-
graph 58H a. Afterwards the market closed steady,
the following being the prices current at half
past Ave: New York Central 90 q 4. Erie bsx r. Hud.
River liz bid, Reading 1851 alo0 Michigan south
7oK u, Cleveland and Pittsburg s54 u, Cleve-
land and Toledo 1917, Rock Island o5 y, Northwest
ern 80 k-preferred sos y, Fort Wayne sss u.
Canton 50 \, Cumberland Is u.
The supply of money the Stock Exchange Il in ex-
Of tho requirements Of business At per cent
mo discount line Is easy, and FIRST class commercial
paper Is taken at per cent and the second best al
car
The foreign exchange market was inactive, and lead
Ing drawers willing to sell their blla on England
at sixty days at 1881 and at days at l0sk. Al
The time the best bankers bills at long date were
sold on the at 1os Bills on Hamburg were nomi-i
naliy 86,z q n Amsterdam Al a y, on Frankfort
a 49, on Berlin (thalers) Is "A, on Bremen IS TO-
Although Congress refused months ago TO allow
American which had boon transferred 70 the pro-
lection Of the nag Of foreign nations during the
SPECIAL privileges In taking ous new United States
register foreign trade Is beginning 10 de.
veiop a rapid increase In American tonnage.
Thus In 1854, Of the total imports and exports al this
port $4oe 227 800 In value carried in foreign
soils and only eos in American vessels whereas
yoag lto COY nd
es45 800 foreign vcssols Tho Of In
American and decrease foreign tonnage has boon
sderably higher than this thus far the present year.
and will doubtless continue rising till 1t reaches
thing ike the proportion maintained anccodent 10 the
rebellion In 1857 Of tho total value OF the New York
foreign imports and exports $3.50 6l0 carried in
American vessels and $l04 35s 63 in foreign vessels In
1885, Sl53 American and ss3 234 lo3 in foreign
In 1850 $2l3 9s5 in American and 64s in for
ogn In 1890 $685. 1913 500 in American and $149 lao
IN foreign; in 1851, $l6s, 6o4,5 1a in American and
&3s 9s3, 67o in foreign; In 1902 $3.50 bss In Ame
and s23s in foreign in 1852 $50 SOL 4a in
American and $500 500 in foreign. The tide began
70 against strongly the first quarter Of 1852
and low water mark reached In the second
quarter 1894 when Of the total foreign trade OF this
port $l165s7 40 was carried under alien flags and
only s22, 7o3, sos by American vessels The probable
effect Of the threatened European IN increasing Ame
rcan tonnage varousy discussed but there Wal be
prvalooring tho material influences OF the conflict
upon shipping interest likely to be less important
than Ia generally supposed and would be the
the mercantile marine Of the beligcrent nations
extensive Nevertheless, IL will exert mate
rial and good deal OF moral influence In favorof Amer
can bottoms although reducing slight extent the az
gregste carrying trade Of the world In other
words will the scale In favor aud assist IN re-
storing American shipping 10 the proud position which
occupied tho weird before the rebel prvaec drove
II from the seas Then United States ships had the pro-
ference everywhere above oil others both for speed and
safety Only about half foreign trade was carried on
In foreign bottoms from 1855 10 the commencement OF
the war while since that time less than third OF tho
trsdo only has fallen " tho lot q American vessels or
icss than four hundred millions Of dollars value out Of
total Of seventeen hundred millions IN the four years
from 1851 10 the ciose OF 1885.
Petroleum and mining stocks were moderately active
and hrm Al the nrs, board Bennchon Run OIL closed
Ioc higher than st The same time yesterday, United
States osc Kipp Buell. 20c New York and Allegheny
was loo lower Corydon $0c Al the second board
United States sold at 81 TO- Beneho Run $li 80 Cen.
trial "a 90, Consolidated Gregory Gold els %, Shade
River $50, New York and Allegheny 81
The resolution offered by Mr. Wilson, Of Iowa. in the
House Of Representatives, requiring the Committee ON
Banking and Currency 70 inquire fully all the de-
tails OF tho late gold sales OF the Treasury and II
necessary 70 send for persons and papers was yes
esrday sgrced TO. Is 70 DO hoped thaa tho
members 81 tho committee referred win perform their
task thoroughly and conscienousy aud that the public
wi learn from their report something Of the secret
history OF these gold rnnsactonA To expect however
thai Che officials concerned will confess 70 having had
private purposes 70 by their manner Of dealing
fifth The gold market would DO unreasonable but stlu
further examination may develop new facts In
che case snce the LIST Of January the Treasury
has sold sso,4os,ooo Of gold and received
pnly eie,e as premium thereon The amour, paid
~ commission upon the sale Of this was so2pto In
addition, tho sum Of sss.622 was paid az commission
rpon IaiAooo Of ,onOres aud ga .ss 2as o. seven
thirty notes and compound interest notes bought and
"s 200 OF hye-twapes sold There no suircien,ly