The New York herald., 1866-03-21
FINANCIAL AND COMMERC CiAL

The tendency OF prices Is very uecueu
Al the early session of the open board the market
strong Michigan Southern saes 100 sharesl sold a,
sly. a. Clevelani and Pittsburg sales 6, 7O0 sl "
New York Central saes 2,sOo) 92a, Erie (sales 9o0
S2A Hudson River l0jR Reading l0O Rock Island ll2Z
Northwestern preferred SAY Fort Wayne o. Schuylki
Coal i5ss At the first regular board there was an active
and rather excited demand for Rock Island and Reading
and the remainder Of the railway list was hrm The
former after selling up us closed at ia * higher
than at the hafpast TWO board yesterday sos 7oo;
Reading tsales s,l0ol showed advance OF IA, New
York Central y, Erie ~ Michigan Southern tsales 5o0
~ Cleveland and Pittsburg (saes 4so0 Northwestern
" Fort Wayne u, Northwestern preferred y, Ohio and
Mississippi certificates 4, Cumberland Il. Western Union
Telegraph Government securities quiet Coupon
hve-twentes OF tho 1862 issue and SKIES Of 1881 de-
cined e. Seven-thrty notes Of the first and second
series steady and the third series advanced K
Al the O'Clock the speculative feeling
stronger and prices advanced fraction. AZ the half.
past two board the market was buoyant Reading (sales
100, closed az higher than at the rst regular board
New York Central y, Ere y. Hudson River u, Mcht
gan Southern y, Cleveland aud Ptsburg q, Northwest
q, preferred T. Fort Wayne Z, Missouri State skies
1s Rock Island y lower, Western Union Telegraph
a, Ohio and Mississippi certificates u. Government
curities dull but steady, excepting coupon ten.
forties which declined a.
Afterwards the market continued strong and at four
O'Clock New York Central was quoted at 93s 4, Erie
s2H Hudson River los, Reading 103 Michigan Southern
ss a. Cleveland and Pittsburg s1 x, Rock Island
ia, Northwestern 27sl e. preferred 65ss 4, Fort
Wayne 921 ~ Ohio ana Mississippi certificates 251s a
e, Cumberland AK az.
The demand for money from the Stock Exchange has
been mainly met al live per cent with exceptional trans
actions on governments at four. few loans msce-
aneous coaterals made at six per cent but the
supply of capital seeking employment is so far in excess
OF current requirements that lenders longer hold out
for this There is moderate business in the dis
count hne and first class commercial paper passes at
6% ~ per cent and the second grade at a9.
The gold market remains unsettled, although coin for
delivery scarcer 1872 per cent having been paid for
tho loan OF till tomorros The opening price
l2s, followed by advance to 12s75, and subsequent
decline to 1878 Tie market afterwards became steader
and at four o'clock the quotation was 1881 al.
Foreign exchange was very firm and active, under
large purchases by importers aud speculative
The for bankers bills England sixty days
vanccd 10 1913 los, three days 109ll
Mining and petroleum stocks show increasing activity
especially the shares of gold mining companies which
seeing tho hight again after being buried the panic
or the spring of 1854 AT the first board Atlantic
Pacific OF Nevada gold and silver stock strong
demand at 81 go $5. Ivanhoe closed 15c lower than
at the same time yesterday, selling at 81 90 DennehoT
Run 6oc., selling at S14 so; Excelsior 10c., selling
81 65 United States So 26 selling at ST. Consolidated
Gregory Gold 81, selling at s2l. Montana 13c.
hghcr. selling ut 81 TO- Cherry Run sold Slc Oceanic
soc, Bradley 24c., Oil Creek 81 So Plhole Creek
SIS, Pithole Farms So shade River 81 16 Webster
eOc, Benton g. Bob Tail S. rs, Dowuievill, Gold
&C, Gunnell 81 35, Holman Gold 81 IS, Kipp Buell.
81 Is, New York Gold 81 o., Quartz Hill 50 IS,
smith Parmlec $40 so, Excelsior Copper 81,
Flint Steel River So Columbian 4oc.
Tho Finance bill Introduced by Mr. Kelley in the
House OF Representatives yesterday, which read
twice and referred to the Committee Of Ways and Means
provides for the issue of legal tenders in exchange
FOR compound interest notes the latter mature and
fobids the reduction OF the currency including national
b,nk notes. below nine hundred millions, but permits Its
Increase for tho purpose OF redeoming the compound
The bill also forbds the Secretary Of tho Treas
ury sell gold under 100 Till after the LIST Of July
The aggregate OF the currency issued by the Treasury
and national banks s however yet below tho limit
fixed by the BILL the total outstanding including
fractional currency being $685. oos the details Of
which under
TENDER S0rEA
One and two year five per notes. $s,636.9oo
United States old issue loa Al, a-a
United States new issue '''''''.'''''''''' '''''
Compound interest notes. 1T,0l2,lH
Total soO5, ,ss4, ,lI4
National bank currency issued up TO the 18th
|oo'',s-o
Fractional currency outstanding March H.. 27523 7s4
Total $S95, l47 O6S
The exports exclusive of specie from the port Of New
York TO foreign ports during the week ending March 20
amounted in value TO s., ,09i, 2s7.
The comparative earnings OF the New York and Erie
Railroad for the months OF February as follows:
February 1865. OIL I35
February 1906. Vs3,s55
The Minnesota Legislature has passed n law for the
adjustment Of the old railroad bonds. These bonds
amount To something 81 500 00O issued 10 aid in
construction OF railroads in that State, six
years ago, since which time interest has been
paid the The law recently passed. however,
provides for the appointment Of three commissioners
whose duty to ascertain the present whereabouts Of
sad bonds, how much the holders paid for thcm and,
ifa satisfactory "dckcr" bc made, bonds
20 be exchanged for the old ones bect, however, TO
the approval Of the Legislature and dir ct vote OF the
people.
Canadian paper says
From the last half yearly trade appears that
there exported from Censls six months Is 900
horses 103, s0 horned cattle los 900 Sheep the total
value OF this cias Of 'xprts being s7,q23,355. or
wheat, grains aud other agricultural produce the value
ot the exports silsjaSss the most Of which went
t2 6aa sc3 being Increase the correspond
ing year oi more than sl0Oo0Oto.
The principal railroad and other stocks and bonds OF
this country quoted In the London market on tho
9Th inst folows:--
Atlantic and Great Western ~ " sec,
Ist mort, 1850 per ccnt.......".... 70 75
no. do, I'd mort, 1881 ................ - 10
no Pennsylvania, ist mort, ls77...... ~ 20
DO. do I'd mort, 1ss2............... II 73
Do, consolidated mortgage scrip, 1895. dis
no do bonds. nds........................ rs ~
Erie shares, 500 nll psdl Sp. c....... 53f 81
Do, convertible bonds, o p. c......... s3i. nX
Illinois Central per cent, 1875 ........ 81 50
Do. per cent 1sTj.................. G5 20
DO, 500 shares tlll pad 10 y. c.... MA IS
MARIETTA and Cincinnati RI bds., u. c. Gs 20
New York Central, Sl00 shares. ......... 5s 81
Panama Railroad. I'd mort 1871 y c.. 90 a 10l
Iennsylyania Railroad bopds I'd mort,
pcr cent convertible. ................. 81 s6