The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-02-03

The railway share market Is steadily Improving and
confidence among buyers for rise and the banks have
been further by the proposed bill referred
to- Another stock exchange failure occurred TO day
that OF Bell Yelverton, but as It was on the bear
side 1t encouraged tho bulls rather than Otherwise and
Undue some of the bears their contracts which,
together with the buying in Of the stocks of which the
firm in question short, gave sharp upward turn
to prices. Notwithstanding the havoc which the do
cline of the last three months has committed in the
street, capital is finding it way to the stock
change so fas: that something like a Trash bull
ment OF importa 20 is already progressing.
AT the O'Clock session OF the open board Now York
Central sold a. 99s< Erie, 57si e; Reading, lo37S
104; Michigan Southern, 712s 725 Cleveland and Pitts
burg, SO s3ts; Rock Island, 96%; Northwestern 3sB
do. preferred, 66 66iS Fort Wayne 97's; Ohio and
Mississippi certificates, 25A Canton, Az; Cumberland
50; Marposa preferred 22Ss Western Union Telegraph
44s At the FIRST regular board the market strong,
bat rather quiet. New York Central closed y. higher
than at the same time yesterday, Eric 2, Reading 4,
Michigan southern 12S Cleveland and Piltsburg 81,
Rock Island IL, Northwestern 7sdo. preferred :,
Fort Wayne e, Chicago and Alton l. Onto and Misss-
s!ppi certificates ~, Pacific Mail l, At antic Mail
aariposa was 4 iowcr-do preferred ~ Western Union
Telegraph u Government securities dull but
eady. Coupon SKIES OF 1881 advanced u sevcn-thirty
Of the third series ". At the O'Clock opon
board the market buoyant, and New York Central
sold at lOoh u Erie, 5SI y; Reading, los 1o554;
Nj higan Southern, 72al 734 Cleveland and Ptsbure
s4ss *; Rock Island 97i4 90; Northwestern 37A q
u preferred, 67h ~; Milwaukee and st. Paul pre-.
fcrred, So; Western Union Telegraph, AK u; Mari
posa prefrsfed. FAX 23H.
Subsequently, Ere sold at 50 and the bull! element was
in the mt bat towards the close of business the
market reacted slightly, and at haifpast Eve Tho follow
Ing quotations. currcnt-New York Central, OAK
ri Ere 6s,s u; Reading 1o43I; Michigan southern,
72s 72:4 Illinois Central l07; Cleveland and Pittsburg
81 IS; Rock Island 075S *; Fort Wayne 971s q !;
Norhwcs erp, 81 a37k do preferred, 81 Western
Union Telegraph, 10. Compound interest notes were
quoted thus-June, 1884, 1i.,s Il; July, 1l8x a u
August, 11sH n; October, li5,S y; December
1l4H X; May, 1885, lllN lis,s; August, l1oH .
l1lsS; September 10Y y; October, Hex u.
The money market is without change as 10 rates. al
though the tendency towards six per for stocl
exchange loans The leading deaers In government
securities enabled to borrow Ut per cent, bu
therc ore few or no transactions railway aud msccl
lanco1s coaterals below seven First class sixty days
commercial paper discounted with tocrable freedom
at a TX per cent
There no business done 10 foreign exchange, a.
usual on Saturday, and rates nomnaly the same
az yesterday Bankers bills England ut sixty days
were quoted ~ IVS lOS1 astn!ee Gays, NV iVv1s
commercial bills 107 10s: francs sixty days s. 22k
s61sK; at three days. 61sA 5.181<; bills on Berlin
~ TAX; on Bremen. 7sX 70; on Frankfort, II q
az; ON Amsterdam, Al 4lx; on Hamburg, ss1s q
3sss; on Antwerp, 622 51sK.
The imports Of foreign dry goods during the month OF
January were a. the rate Of about three millions per
week. an average equal to that Of the corresponding
weeks last year. and considerably above that Of the last
few weeks Of 1885, This increase hardly expected 10
-ew OF the general dulnoss OF the trade and IL is at
tributed msnIy 10 apprehenslons Of a higher tariff
The movement for tho month Of January is thus
shown