The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-10-20
FINANCIAL AND CONNER GAL.

Fanny Oct LET p. NJ.
THO STOCK market continues TO show great strength
ana activity and Northwestern leads The upward move
ent az the railway shares. Erie Is exhibiting signs Of
returning animation, and sold up 20 s4SS this morning
The bear raid made the early part OF the week las
turned out dsas,rousy for the Sellers and by largely in
oressng the shortn interest has added considerably
10 the force which propelng prices higher from week
20 week The money market remains easy, and first
GLASS firms can generally borrow all the funds they re-
oufo at four per cent although the exceptions at five
becomng more consequence OF the enlarged
volume OF transactions the Stock Exchange Some OF
the dealers government securities s able sup
ply themselves mainly a, S,s and first class com.
mercal paper freely discounted at per cent but
the amount Offering Is very light
Al the opon board al ten O'Clock the market for rail-
way shares buoyant and Northwestern sold up to
4epreiorred 1917, Erie sales $500 shares) s4s Mchi-
gan southern COX Fort Wayne 1lo,l. At the first
regular board the undertone OF tho speculation for
rise very lrm and the business we'll distributed,
Northwestern aud Erie being the most strongly sup
ported the former selling up to So New York Central
closed u higher than at the time yesterday Erie
az Reading X, Michigan Southern "a, Cleveland and
Pttsburg a. Rock Island Il, Northwestern 5prefofFed
~ Fort Wayne ~ Chicago and Alton 81, Ohio and Mis-
sissppi certificates *, Mariposa preferred y Western
Union Telegraph a. Government securities we're r,D
with increased activity Coupon skies OF 1881 showed
an advance Of " Gve.twentes OF 1869 l. issue OF 1854
a. issue Of 1866 ~ teniories ~ seven-thnty notes OF
the FIRST series u, second and third series 70.
AT the O'Clock sessions the market vas generally
slightly lower, Northwestern excepted. A. the half
past two board IL steady haw York Central closed
u low than at the frat board Erie Ia Illinois Genital
u, Cleveland and Pittsburg and Rock Island y, Fort
Wayne 8 Ohio and Mississippi certificates q, oail'.l
yer Y, Western Union Telegraph =. Northvse'c.
IL higher Government securities were d,A but firm.
Coupon Of 1881 advanced e, Ave.. enties y 1852
"a At the three O'Clock open board The market reacted
fraction but firm IN .nGo Ne@ York Central sold
ut ll9s, Erie s3k, Eud. XIX, Reading lI5, Michi
gan Southern 90 Go Gland and Pttsbug 81 Il, Cleveland
and Toledo 10 .4ck Island 1884, Fort Wayne lo0al,
Milwaukee aud 81. Paul 615s Northwestern tih-pre
ferrsd The in the latter stock is quckened
y weekly OF the earnings of the road, which
have been at the rate OF ga COO per mile per annu dur
ms the last few months Subsequently the market
NAMED STEADY rather quiet and at halfpast I'VE The
following quotations were current:-New York Central
1laIs -, Erie s3'G Il, Reading lis II, Michigan
Southern s9a< "a Illinois Central 1885, 127 Clevc-
lard and Iittsburg ola II, Rock Island 1854 %,
Northwestern 81 5lA-preferred 752s u, Fort
Wayne 10ets 81, Ohio and Mississippi certificates SO
Cumberland 5S,s a. Quicksilver 55 SO, Marposa
preferred 70 u. Compound interest quoted
under:-June, 1864, III 4, July l1e5s x, August
1l8 a a. October lis u, December ia
The gold market weakened from 149S at the CON-
mencement OF business to 147,s at the close, mainly
under rrmcrs OF advance in iye-twenties abroad.
Tho supply OF coin for delivery equal to the demand,
and loans made at 132 per cent in favor OF tie
lender and without The decline had the effect
OF weakening the foreign exchange market but holders
unwilling sell me closing in anticipation
Of upward reaction in gold. The latest quotations
under Bankers bills England at sixty days.
l0SX 4; three days, loS4 y; commercial tiis
107H s francs at sixty days. 52lil lsst at short
sight, 5.17H.
Mining stocks active and strong at the first board
and Corydon closed zoe higher than at the second board
yesterday; but the second board prices generally
lower although moderately largo business trans
acted Smith & Parmelec sold at $I3 so $13 60 Con-
solidated Gregory $40 So Rye $780, Quartz Hill 81 60
Tho Acting Comptroller Of the Currency has written
letter In which he expresses himself anxious that the
national currency should be kept whole and clean and
invites all national banks 10 Cooperate with him by
firing and returning all soed and deaced notes without
waiting for them TO become muatod that they will
circulate. New notes will DO given in exchange for
such.
Tho imporations Of dry goods al this port for tho
week ending October IS compare follows with those
OF the previous week.