The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-12-14
WANuAL AND ooaAMeRciAl..

.------,-,~ -.. "A s&s A. ~
eza y 1uvrsnAv, Dso is-sEM
ne sock marked ~ arons ,hh morning snl Fsss
dvanosd throughout he Me- but in The sfsrsees TIE
ears attacked u vigorously ana there vss : general
Though sisha yisding = pces sxceps fcs ~ NORTH
sstsrA shares which nade further progress on their
pwsrd course, ssisadsd BY brisk demand, based upon
10 present soadtsn and Improving prospects Of the
bad Towards the dose Of business portion Of the
eclins was recovered, and confident feeling pro-
allied among buyers for rise. Tho tendency Of the
Arkst u strongly upward that all opposition 10 Il
terts but very Temporary Influence and the number
outside buyers h steadily on the increase.
The money market n easy At SIX Der cont
Fith very few exceptions at sevsn per can't
hie transactions on government colates arc reported
avs In some inssancsa The receipts Of currency
om the West gradually swelling the volume Of loan
Die funds this oontrs and Il ID understood Thea tho
sasuy has decided not 70 buy securities or sell gold
otherwise Do anything calculated 70 dsrangs the
onsy market for the present a. least the disposition
Che government being 70 keep Il easy and free from
yturbssoa& A'the sams time there can be little
abs that Congress wii before the session closes 70
geis - % define the duties Of the Secretary Of the
sasury more particularly and prevent secret CONVEX
ous Of securities and sales Of gold. Tho public
alters % that alr may b able 10 participate In
y public benefit which may arise therefrom, and that
door may b closed - Ssvoritism. There ID avery
odsrais amount q commercial papsr Offering FOR ais
|unt and tho best grade passes q per cent Tho
essnt condition Of monetary affairs together with tho
ospect Of prolonged ease Is stimulating speculation on
stock exchange, and the ensuing year Is likely to
illness worry buoysns market for all the leading rail-
y securities which dealt in to the exclusion Of ell
her descriptions, those Of the government included
At tho open board n ten o'clock the market was
|eady. Northwestern sold u 54K-preferred rs X,
hrie 73k. Al the first regular board there good
msnd for all the leading railway shares Erie Michi-
tn southern and Northwestern preferred being the
lost active and buoyant New York Central closed Y
CHER than At the ssme time yesterday, Erie ~ Read
|g Y, Michigan Central I, Michigan Southern ~, I
evsiand and Pttsburg " Cleveland and Toledo K,
ok Island ~ Northwestern preferred u, Toledo,
|s7ssh and Western H. Quicksilver l, Western Union
Telegraph ~ Illinois Central was Y lower, Ohio and
ssissippi certificates ~ Cumberland Y. Government
|curitios were dull. Coupon sxos OF 1881
owed . decline Of y. seven-thirty notes
the second senss y. Five-twentles OF
10 now issue Of 1886 advanced y. Tennessee
ate skies were lower At tho O'Clock sessions
70 market was firm Michigan southern sold at SAX,
d Erie at 73H At the half.pass two board and pro-
ously bear raid made on tho leading speculative
Pares, under which prices declined but there were
yers In abundance ct the recession New York Gen.
hl closed lower than 1t tho first regular board Eric
h Beading ". Michigan Southern x, Cleveland and
ttsburg TX, Cleveland and Toledo " Rock Island u,
,rthwostern preferred x. Ohio and Mississippi cern-
ses y. Quicksilver u, Western Union Telegraph y.
pvernnent securities inactive and coupon ten
Ftcs closed V lower Avstwentcs OF the new issue OF
US, y.
At the spsn board at half-past thrce
rose 70 S4X and the pro-
rod stocks 70 "a Tho remainder OF the list was,
'wevcr, without Improvement Eric sid at TN n,
ichlgan Southern SIN : x. Fort Wayne 1857, Mari
,ss preferred slS. subsequently the Northwestern
ares continued bnoyant while there was = brisk de-
and for Erie and old Southern and ut Ave the
srket closed nrm NJ the subjoined quotations:-New
crk Central 11lH Ill., Erie TAX, Reading losk e,
'okigan Southern 0lI Cleveland and Pi,tsbuTg elk
Rock IslAnd JOSIAH Northwestern SAX q ", do.
efcrred 76H y. Compound interest notes wers
ued thus by We DEALERS June, 1854, 1884 y;
b lIsx i1s August ll5kaK
he gold market shows incrcasing Armnesa Tho open
yros was 1s1k, followed by advance 70 1877 and
relapse 10 1s1k. From this point however. there
steady Improvement 70 IS7x, tho closing quotation
,ps 1914 X. Loans made early in the day DAT.
II Afterwards . per cent paid for carrying.
The foreign exchange market is very nrm, bills being
brisk demand, while the supply is light Bankers
lis on England q sixty days quoted u the Close
1907. losI; u thres days, Ito iloX; commercial
liz, los 100; francs u sixty days. Gl6k; ~ three
,ys, sl2 Elo Bills on Berlin, ~ . 72,S; on
rsmsn. Tsk 70; % Frankfort, 4ik Nk; on Am
srdam, Il AK; on Hamburg. 3sx 3sH, on
ntwsrp, 6l7K SIS
American securities were quoted under In Loadon