The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-04-15
FINANCIAL AND COMMERCIAL.
SATURDAY April iA-e r. NJ

,,., activity having besu confined the miscellaneous
kh~es-oulcksilyss Marposa preferred and spruce
xfif Coal which advanced
At the early session Of tho open board New York Con-
srs (ssles 400 shares sold al s2H, Erie saies 6soo)
1ox Reading lsae. 400 loAk, Michigan Southern
sssles 200 SON. Cleveland and Pittsbarg lsaes 20V
eo,. X Rock Island (sass soo) ll9x lls, North.
western sales 500 2ex preferred (sass S0ol 6sk Fort
Wayne olb Quicksilver 4Ox SO, Spruce Hill Coal 6'E
Al the FIRST regular board the market was steady ex
ospt for Rock Island, Mariposa preferred and QUICK
silver which strong Rock Island closed ~
higher than al the half.psst two board yesterday
Fort Wayne 4, Mariposs preferred IN QUICKSILVER
IN Canton " New York Central was y lower'
Eric IN, Reading V, Michigan Southern o. oieVe-
land and PitsSurs y, Northwestern ~ o'evs'
land and Toledo 4. Ohio and Mississippi certncs'es
n, Alton and Tene Haate 8, western Union fees~pn
X Bank shares we're IN demand and Continental sold
NJ o. Merchants Exchange l0S Fourth National lol
Nav York iiSk, Commerce l07 Government gold
..ar,nq securities were firm, but not much dealt in
Coupon ssnforiIes improved n There was further
advance Of per cont In he second and third issues Of
sayonhiry notes State stocks were moderately active
Tennessee skies advanced Y. Missouri skies closed
steady at 1917, North Carolina skies declined X
Al the one O'Clock session of the open board tho
market active and barely steady for railway shares
but strong FOR the miscellaneous stocks Erie sales
lsaes g. 500 7sH 1875, spruce Hill Coal lsales 2sOo)
B.. ao Quicksilver 5s Mariposa preferred tsales looo
A. the half past two board the market steady and
aul Erie closed e higher than at the first regular
board, Quicksilver l. New York Central u lower,
Hudson River q, Northwestern preferred ~ Reading
Rock Island, Ohio and Mississippi certificates and Mari
posa preferred unaered. Government securities
were Arm Coupon hve.twenties Of the 1862 issue ad
vanced ~ seven.tbiriy notes Of the third series Is
Al the hali.past three open board the market was
shade armer Erie sold at 72x, Reading 104x a 1O4,
Michigan Southern So Cleveland and Pittsburg 1919,
Cleveland and Toledo 1885, Rock Island 10y Il,
Northwestern 2e preferred 551I Mariposa preferred
20, Canton 52A, Spruce Hill Coal OK 6ll, Quick.
silver 62's. After wards the market closed steady, the
quotations at halfpas five bong as follows-New York
Central 92h y, Erie rs q H, Hudson River 1889
l09, Reading l04 u, Michigan Southern 793s y,
Illinois Central ia a Cleveland and Pittsburg 79as
y, Rock Island llsS y, Fort Wayne o14 u, North
western 2sH y, preferred IS V.
The money market remains unchanged Loans at call
were made freely during the morning FIVE per cent and
towards the close Of business balances offered at
~. The surplus of loanabe funds continues TO sock
employment in compound interest and seven thirty
notes The former have experienced further advance
OF per cent TO day, tho quotations being as fol.
iows;-June, 1854 nos; July, hoy; August. 1895;
October, lOsH; December lo7x; May, 1865 l05H;
August, lo3x September l031s; October 1929 In
the discount line first commercial paper passes at
per cent, according date and the second best At
7HasH.
The gold market opened dull at 1904, and gradually
declined TO l25x, after which il became hrmer and ad.
vanced to l261i-the closing quotation Loans were
generally made al about 10 per cent in favor OF the
the lender The export Of specie by todays steamers
aggregated $4,000, OF which the Bavaria took s24 900
and the City Of Paris $4,000, making Tor tho week
Sl22 e2s.
Foreign exchange was In good demand under scarci.
~ OF bills, and the market closed quiet at an advance
upon the rates current yesterday aernoon-namely for
bankers bills on England AT sixty days, Io7X n Y;
three days, losK 100; commercial, l00A a lo7k:
francs, at long ds&e, S2sx S27x.
Petroleum and mining stocks were dull and rather
heavy Al the nrst board Benneho closed ioc lower
than at the same time yesterday United satos aoc,
Consolidated Gregory Gold 90c., Quartz Hill 20c Smith
Parmee &c., Texas &C., Columbian 81 Is At the 50.
oond board there was improvement Manhattan
closed at 2oc, Hthole Creek 81 90 Rynd Farm Ice
Gunnell Gold 81 Is, Kipp Buell. 81 90 Quartz Hi
81 Is, Smith 4 Parmlee 50 TO-
Tho last rail between Kansas City, NO., and wyaudot
City. Kansas-tho connecting link joining the Missouri
Pacific and the Union Pacific tE. d. Ralroads-was laid
down on Monday April by the principal officers OF tho
OF tho Union Pac hc and number Of friends Of the enter
prise made journey OF inspection Cross Creek the
present terminus OF the line ninety miles west OF
Wyandot The road will be ready for traffic 10 Fort Riley
early June, giving three hundred and SEVENTY Eve
miles OF direct rail west from ST. Louis
The business al the Sub. Treasury to-day was as TO-
lows
aoaI receipts 50, 156, 563
Payments. 1895 1853
IN
On account Of government loan ............ e77OO0
1452, 900
The Hartford insurance companies have advanced their
premium rates twenty Eve to nfty per on extra
hazardous risks II Is stated that they added but
little TO their surplus accounts the presen year on &C
count Of their numerous losses
The Phtsburg (raj Gazette has thefolowing relative
10 the scheme OF Sir Morton Peto and Mr. McIIenry to
build new trunk line TO the East -
II may be regarded as settled that the projected trunk
railroad through Pennsylsan has received its quetus
for at least considerable period. The Atlantic and
Great Western Company and the Pennsylvania
Railroad Company have come 10 terms with each
other The Great Western Company have leased the
Phnadephia aud Erie road and stpulatc 10 lay third
rail for narrow track from point eleven miles OF
Cory 10 Cincinnati and eventually the farthest
pon' 20 Ds reached oy mat line Until this third rail
spuiaons have been forwarded 10 England Tor approval
by tho capitalists there Interested In the Great Western
TINS gives them new route To Philadelphia by the Cata
wssa and the Reading roads and the Lob Valley and
New Jersey Central to New York
hessrs Satterthwate Co, OF London, under date Of
March 49, refer follows 10 the market for American
seourties:-
We have very little atora ion note in the market in
London Tor American securities last; prices
nave remained steady-any tendency 10 improvement In
quotations Induced by the falling premium gold
Rev YORK eng couneracted by fears Of political trouble
IN Germany United States 20 bonds and Erie shares
each close at an advance Of y per cent on our last
weeks closing quotations For Illinois shares there has
been very active demand; they have touched ST. but
close SOY 10 u. Atlantic and Great Western dcbentnrcs
and consolidated bonds continue o. be pressed for sale
and close at decline % per cent
, The return from the Bank OF England for the week
ending March 2s gives the following r. sults when COM