The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-04-14
AraD COMMERCIAL.


The stock nsrzet has becn arm and active to-day and
the increasing abundance OF money 10 stimulating the
reaction from the recent depression. Loans railway
securities now made freely a per cent, with ex
ceptoA transactions at g. while governments this Is
Ve general rata First class commercial paper is In
improved demand. and passes at q ~ per
csul Tho statement OF tho associated banks
for the present week Is expected to show
an increase OF about million and quarter in legal
tenders and the specie increase Of three quarters Of
a million. In the loans decrease Of about two nail
lions and quarter is looked for and In the deposits
million and quarter decrease. The drain OF currency
tho Interior continues but the full effect OF this Is
felt in Wall street. owing 10 tho sale Of gold by the
Sub Treasury and the withdrawal Of paper money from
the banks TO pay for it. In this the balance In
the subTreasury has increased to Si0S,54ss4o this
evening.
At the ten o'clock session Of the open board railway
shares firm. New York Central 9s4 AZ; Erie, 57s
~; Reading, 99x X: Cleveland and Htisburg, 90
6sk Cleveland and Toledo 49, Rock Island, SIX *;
Fort Wayne. 931S; Michigan Southern, 6sii; North
western preferred, cox 81; Toledo, Wabash and West
ern s71l; Pacific Mail, 12sk Ak
At the first regular board the market continued firm,
Erie being the strongest OF the railway shares Pacific
Mail opened at 12S but declined to 128X the call
New York Central closed y higher than at the tmo
land and Pittsburg ~ Cleveland and Toledo u, North
western ~ do preferred ii Fort Wayne IN, Pacific
Mall N, Quicksilver " Marlposa preferred u. Michi-
gan Southern was a lower The call OF government
securities has been suspended at tho regular board and
transferred to the new room on New street, where
II 10 proposed to call the list at ten A. NJ, at noon
and at two P. NJ, tho dealings In the meantime
and afterwards being continuous THIS morning the
transactions In the Government Department. are
printed in separate part of the official stock list and
show larger volume Of business than usual under
the previous arrangement Coupon fve-twcntIes OF
1862 firm and moderately active, selling at 1924
Y. Coupon sixes Of 1881 advanced r. fvet wen,es Of
1856 Il, seven-hrty notes of the second series x.
North Carolina skies OF the new declined l. Mis-.
souri, SKIES r.
At the o'clock open board the market continued
strong with well Distributed business in all the leading
shares. New York Central sold at 100 Is; Erie 55A
q; Reading, 100 1907; Michigan Southern, 6a'4;
Cleveland and Pittsburg, 70ss; Rock Island, SO X;
Northwestern, 33is ~ do. preferred 81 a6i1; Fort
Wayne 9324 a "a; Milwaukee and ST. Paul preferred,
495a Atlantic MAIL S21a; Pacific Mail, 127; Narposa
preferred 225S; Ohio and Mississippi certificates, 21t
The report from Albany that the vote upon laying the
New York Central message tho table had been
postponed till Tuesday evening next construed
favorable TO its passage in the Senate, and meanwhile
strong efforts being made by the company to
the desired result II oe hoped however that the
bill will fail.
Later the afternoon the market reated about hall
per cent but subsequently manifested improving ten
dcncy, and at hafpast 1--WE steady at the following
quotations New York Central, 991i y; Eric 57ls
u; Reading 1907 u; Michigan Southern, 6sls Y;
Cleveland and Pittsburg, 20 s Rock Island s7ys 49,
Fort Wayne, 931s a ss; Northwestern, 33K a Is; do
preferred, 60zs 81; Atlantic Mail, s2A; Pacific Mali,
1851 a 4; Western Union Telegraph, 80 Il.
Government securities firm during The afternoon
and quoted thus at the close OF business
1851, 100 y; coupon, 1881 100 III fve-twenty regis
tered, 1882 1881 1o4 hvetweay coupon, 1852 lOcX
. III nvetwenty coupon, 1864, 1919 losss, use.
twenty coupon, 1866, 1851 X; do, do. do, January
end July, 107I 4; August seven-thirsy, 100 1s June
seven-thirty, 1855 al July sevcnthrty 1855 T.
The report of the committee appointed TO investigate
the affairs OF the Pacific Mail Company is sharply cr
cised and generally regarded withdrawing opera.
ton The figures quoted in the report by means
sustain the conclusions arrived at, any
who will take trouble to examine them and the task
committed 10 the committee has been so badly done
that the public feel no confidence in the result or
their abors
The range Of the Railway share market during 1858
apc 1854 is thus shown