The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-11-09
FINANCIAL AND CONNER GAL.
FsrpAY. Nov. SIP. "

actions having been 1881, aud the extreme range
from this point l3oh After the adjournment the
Board however the quotation advanced TO 1885, l39
with sales at the latter price. There active bor-
rowing demand for coin from the BEARS and loans
made without interest aud per for borrowing
and 9 A. and per respectively for carrying
Tho ''short" interest is very heavy. but the floating
supply gold is large that the spectators for fan
experience difficulty in borrowing all they require on
terms favorable 70 themselves the foregoing figures
denote The full erec. Of pacific settlement OF the
Roman question aud the disbursement Of the Novem-
Der interest has been felt, and the market
seems TO be sieaiyng for a rise, the ten.
dency IA this direction being strengthened by the
approaching meeting OF Congress and the uncertain
future which still lies before the country relation TO
the reconstruction question and the national finances
AT the time the decline in foreign ex.
change during the week the rapidly with which our
exports Of domestic produce going forward are az
themselves, adverse TO advance purely CONNER
cal grounds.
There was less active movement in money than yes
eerdayr although mode ateiy good demapd from stock
houses was felt at the banks and among the private
tenders First class firms, however, found difficulty
in supplying their wants mainly at six per cent upon
mixed collaerals, and this rate was tho rule upon
government coila,erals To borrowers in general tho
rate was seven per cent but the supply or
She demand The drain OF currency from the West
wards this centre continues lght scae but
slight quckening of the Westward which is in
part due to the shipments purchase OF exchange
ON England drawn against cotton. There s still consid.
cradle pressure for discounts both the banks and
among the note brokers, owing the embarrassments
of the mercantile community tina dstrust OF cred
Its resulting thsrerom among the money lenders The
FORMER take limited OF the best grade or their
customers paper at per cent while outside first
GLASS signatures have TO submit to q 10 per cent
On tue Stock Exchange there Is more disposition shown
TO speculate for than has noticeable Tor the
past month or two and the bull cques appear to be
massng their forces for fresh At present
Erie s the strongest of the railway shares, and tho
eHhor interest in it il large that the deliveries have
been made with some little rreguarlty The material
conditions affecting prices and values undergone
no change since the last panIc but nevertheless an up
ward movement Is not improbable, notwithstanding The
absence OF any fresh support from outside sources
Wall street has the TO put prices up down.
just it is in the temper to bull than to bear
stocks the result can DO easily forssesn provided there
Is sufficient concert Of action among tho leading oper.
ators Wall street rise Is therefore, the thing looked
aor; but how far il will progress is entirely uncertain.
Government securities very lightly dcalt in at
The Of the leading dealers but the market
steady except for ten-fory bonds, which advanced 4
u per cent in consequence OF anticipated improve
mont in the foreigi demand for them. There is gen.
efa desire felt the to learn what Mr. McCuloch
intends to do with the twenty eight millions OF those
bonds which still remain at his disposal and many in
quiries have been addressed to him the subject to
OF which he returned the following reply, from
which is to be inferred that private sales Of
the bonds have been suspended:-
TREASURY DEPARTMENT, Nov Z 1867
am In receipt Of your favor o. the 9th
instant but for tho present can only reply as have
already done 70 the kilograms Of other parties that the
not ye. prepared 70 entertain
H. MccULLocH. Secretary.
The market closed steady. tho subjoined quota
ns:.-Registered, 1884, 11iH 1lJs; coupon, 1884,
1l21s 1925; 52o's, registered, 1862. lo47s 1855
S-2Os coupon. 1852 1854 1885, 5-20s coupon, 1884
a05s. 1O5l s-2o's, coupon, 1865, 1861 1885,; do
so5 January and July, 1917 1878 do. 1867, 1915
107sS l0.4O's, registered, 10o1 101,s; 104os. cou
pom, 1915 1915; June, 7-Sos, 1855 1853: July,
y-S0s 1861 1861 December compounds 1864 ll91s
May do, 1865, 1l7's ll7s August do. 1863 116:
September do, 1l6 ll6iz; October do, 115I ll6
At the commencement Of business the railway share
firm At the advance OF last evening, but a.
ahe early session OF the open board prices rac
tion lower New York Central sold at 1l1N; Ere. 72k
y2s.; Reading, 96N; Michigan Southern, 1914 1871
cleveland and Pitisbnrg, siA; Rock Island. s5is;
Northwestern, AK a 47s do preferred, 63is esq.,
Fort Wayne 9ek; Western Union Telegraph, 3l1s Pa
eifc Mail 142h; Canton, AZ.
At the first regular board the market moderately
active and the improvement in prices since yesterday
morning was well supported. Eric, Northwestern pre-
fcrred and the Milwaukee and ST. Paul stocks we're
particularly strong IL reported that the first men,
toned company proposes to sell portion Of its real
estate in New Jersey, with the proceeds Of which
considerable improvement in the condition OF
che company's finances is looked for. New York Gen.
sral closed higher than at the same time yesterday
Erie 81, Reading y, Michigan Southern 81 CLEVELAND
and Pittsbarg Il, Rock Island ~ Northwestern u, do
preferred IL, Fort Wayne x. Milwaukee and 81. Paul
e. do preferred az, Ohio and Mississippi certificates Il,
Atlantic Mail y, Canton u, Western Union Telegraph
" Pacific Mall was u lower. Government securities
were dull and steady, except for coupon ten-fortes,
which we're IN demand and advanced y. The STAT
stocks wore firm, and Tennessee SKIES advanced 4,
Nssour.s q. North Caronas a and the new issue 1.
The express shares quiet and Adams advanced
y and Merchants Union u. Wells, Fargo Co. de-
x.ned Il.
: At the open board at O'Clock the market was
nrm at . slight advance, but the volume OF business
was light New York Central sold as 1926 Erie 72s4
Reading pet Milwaukee and St. Paul preferred, 621s
Michigan southern, 10 7sA; Rock Island e5A aeSas
Northwestern, ATS; do preferred, cas- "a; Fora
wayne co. Western Union Telegraph, sI5.; Pacific Mail,
I42; Merchants Union, 70: American Express, 81.
At the second regular board there a moderate
degree Of activity, and prices we're without material
change New York Central closed y lower than al the
hrst regular board; Northwestern preferred r. Fort
wayne y, Pacific Mail 4. Michigan Southern was y
Nieher; Cleveland and Toledo - Rock Island ~ North
Wsstsrn ~ Ere y, Milwaukss and 8. Paul preferred
o. western Union Telegraph u. Government sscuri-
sizes were steady, and seven-thirtiss second series,
wsrs u lower The ssase stocks steady. Missouri
skies declined =.
Al the omen board a halfpast three the market vss
~tssdy and dull and New York Central sold at lll,s;
Erie, 72ss a 72x; Reading, eea Michigan Southern,
gszS Rock Island, o5,S; Northwestern, s7; do. pre-
xerred, esS; Fort Wayne, oc1s; Adams Express, osh
wells Fargo Co. Express, 49, Az Western
arnion Tseararh. al * a 81 Aflsr the call there