The New York herald., 1866-05-27

week end ng April 26. $73,SSO
Week ending May 5..........'............ LA, 2a0
Week ending May r. ACKNOWLEDGEMENTS. 1904 496
Week ending May 49,. s...................... s,763295
On May 70. ....................... 6,l7l 466
Total ACKNOWLEDGEMENTS. 500 sos 76l
The supply Of coin for delivery remains in excess of
the requirements Of the BEARS and from per cent
to 1-16 has been paid for carrying.
The speculative feeling ON the Stock Exchange was
very spirited at the of business and the
signs Of steady upward movement were unmistaka-
BILE 1t was argued that stocks, although NOM
naly selling, with the exception Of Erie and
Illinois Central, at about the prices current
antecedent to the recent monetary disturbance
virtually lower, in consequence Of the advance of the
gold premium, and that proportionate rise in prices
should follow in order adjust values upon their former
basis Hence in degree the rush to buy; and when
found that the supply Of money equal to the
demands Of the brokers very confident feeling pre-
vailed among the bulls There a strong demand for
Cleveland and Pttsburg, Michigan Southern, Fort
Wayne and Readmg-all Of which advanced rapidly,
but particularly the first mentioned, which Is
evidently cornered, % having been bid for
1t at I've O'Clock Michigan Southern IS in favor as
investment, than for speculative purposes Its
earnings show the largest Of any leading West
ern road excepting Milwaukee and st. Paul-those for
the third week Of May having been $07, ,295, against
$72520 for the same time last year, the increase
being $24,77e Erie alono 10 weak, owing TO
notorious person, connected with the manage
mont of the road selling calls Of the stock at seventy
one, available during the next sixty days for one
per cent But opine that this sagacious individual will
ultimately be about successful controlling Erie as
the Treasury lately in controlling goi certain
old lady In sweeping tho Atlantic out OF her front
parlor during high tide Meanwhile, however, he will
probably discredt the company h his duty TO support
to the best Of his ability.
At the early of the open board Erie sold 6SH
ok, Hudson River 113, Reading Ill 1l0A, Michi-
gan Southern 79A ID. 81, Cleveland and Pittsburg SIX
X Northwestern 2s7S-prefcrred IS u, Fort Wayne
98K (a 81, Cumberland 45h, Quicksilver 62h, New
York Central OAK At tho first regular board the market
buoyant and Cleveland and Pittsburg closed 21s
higher than at the half past two board yesterday Now
York Central u Northwestern preferred a. Rock Island
u Fort Wayne ~ Ohio and Mississippi certificates u,
Mariposa preferred y, Cumberland y, Quicksilver u,
Western Union Telegraph ~ Erie was u lower;
Northwestern ~ Government securities improved,
coupon Hve-twcntes of 1852 closing higher, second
issue a third " ten-forties r.
After the call Cleveland and Pttsburg sold at 90 and
the whole market continued strong At the open board
at o'clock prices generally y a x per cent
higher New York Central sold at 95s , Erie 67a4
y, Hudson River ll3, Reading 1loss u, Michigan
Southern 79, Cleveland and Ptsburg 50, Rock Island
9sx Northwestern 2sii-prefcrrcd $50, Fort Wayne 81
u, Ohio and Mississippi certificates 2sS, Canton 5S5s
a So Cumberland 45H, Quicksilver 81, Marposa
preferred "a, western Union Telegraph 90. After
wards the market was strong and active, and
1t closed on the street very firm in tone although
somewhat irregular to prices. Al quarter past Ave
New York Central closed at 95Z q, Erie GA q,
Hudson River 1l3 u, Reading liosl a ~ Michigan
Southern 79S u Cleveland and Pttsburg 92, Rock
Island o3h o. Northwestern 2sts %-pre!erred
5s14 u, Fort Wayne 81 a "a Canton 90 u, Cumber-
land ASH a "a, Quicksilver SO 81
For foreign exchange II difficult to obtain quota
tons; but bankers bills at three days England
held at nv, and those at sixty days at 109h.
II is reported that n small amount OF the hvewenties
and Ene Railway shares recently returned from Europe
for sale upon limits rcshpped today the rapid
rise gold having defeated the object OF the foreign
shippers 1t is generally believed, and very reasonably
that after the arrival England OF tho twenty millions
Of gold have lately sent there will be great rebound
from oppression in the prices OF securities Of
all descr pons but especially We have proved
pillar of strength the Old World in responding so
promptly to her necessities and although gold will
rive long after panic has committed Its ravages IL
will be the less useful In rcplenishing empty Golfers
and restoring confidence generally The arrival OF so
much gold from the United states will indeed
be q great sensation and ss welcome @ an abundant
harvest following appalling famine. The ssmi-bank'
rup nations OF Continental Europe will look with wonder
upon the prodiga shipments Of coin from country In
state Of suspension after passing through the greatest
in the worlds history. But this only side OF
the picture Tho gold have lost Is to us n Of
weakness and not Of strength The spcndthrift may ding
away his substance rccklcsy the Treasury sold It's
gold at 100, and he, too, will make sensation and
show; but II s only until his resources exhausted
when he disafpears iiom his pedestal like gourd
our national vanity may be latcEcd by the idea OF cur
being abic to ship such OF gold a. We have
dnnc within 50 short time; but We must not sacrifice
prnrrlc and national interest tor effect or any amount
OF vdn-glory THIS is great country; but the secrc.
,ary Of tho Treasury Is not great lnanclor by any
sseans.
Petroleum and mining stocks werc active and firm. A,
,hc Grst board New York and Allegheny closed 35c.
eher than at the time yesterday selling at 81 95
Hole Creek 1Oc, selling at 81 90 United states DOC
eng at as 5o Ada Elmore, 2oc, selling at - 60 Con
o,ida,ed Gregory Gold Soc, selling ut sl2 10 Rock!
Mountain 35c, selling at 81 So; Smith Parmeee ioc
selling at 90 90 piihoc Farms sold at u 20, BennC
hon Run s12 So Excelsior 55c., Hope Gold 80, Kipp
Buen 81 60, waikiki eoc, Downicville Gold soc Af'e'
wards there was light business done at slightly hehe
hgurea
The business transacted at the Sub Treasury TO day wa
"a follows a..
Receipts. seoss' ~
Payments ovvo' 80
balance Aivs, ~
For customs -a ~