The New York herald., 1867-04-19
FINANCIAL AND coMMERc c,AL.


hHuHSDAY April l6-6 p. "
The gold market has been excited to day by the =.
port from Europe Of cessation Of negotiations betwser
France and Prussia The inference drawn from thi
that both nations had resolved 10 apueal 10 IN,
sword bat II by no follows TIA such Il The casa
The diplomatic relations between the two countries have
not apparently been suspended and the recent negot
atons relative to the Luxemburg question: II is eas,
70 understand may have been dropped through
an indsposon Of one Of the Powers concerned to carry
them further towards point of issue at present In
ths absence Of all Details however, it would be pre
mature at this distance 70 do than speculate upon
the probabilities and the cable will doubtless soon furnish
something more dsAnits upon which 10 base opinions
as 70 what is likely to happen. The price advanced
Hom is0A at the oponing to 1871, and the closing
transactions in the room were at 1879 There was (
brisk borrowing demand for coin, and loans were made
without interest and at 1e4a se4 per cent in favor OF
the lender. mN -Nrr '-,-,' III
The stock market was steady during the morning with
an upward tendency; but early in the afternoon be-
came neayy the bears having avaed themselves Of the
european news to sell the leading stocks down. and a.
one time there was quite furry in the long room A
change for the better place after the second
board. however, and the market closed arm at
= recovery OF ?, n per cent The supply
pr money continues abundant at six per cont with OK.
ceptions at dve on governments, while those seven
The same time limited, and considerable amount OF
rapital Is lying unemployed There is no change to
In the discount line the rate for first paper
being seven per cent. 4
At the early session of the open board railway shares
we're steady. Now York Central sold at o7 Erie, 5s7S
S6K; Reading 1908 loaK Michigan Southern, 07ss:
cleveland and Pittsburg. 6o,! Cleveland and Toledo.
liz q. 1o,; Rock Island s6H s0E: Northwestern,
S2K; DO. preferred, 595s 59ss; Fort Wayne, o2N a
32H Al the nrs regular board tho market dull but
arm Now York Central closed 4 higher than at the
sme time yesterday, Erie IL, Reading IL, Michigan
onthern Il. Cleveland and Piitsbarg r. Rock Island ~
Milwaukee and St Paul preferred AZ Pacific Mail Q,
Atlantic Mail X, Western Union Telegraph u, North
western preferred u, Fort Wayne II, Ohio and Nssis-
kipD certificates u. Government securities were inac-
i've but firm. Coupon Eve. twenties OF 1862 showed an
ADVANCE Of H, tenfortes e. Tennessee skies, new,
we're 4 highcr. North Carolina SKIES were u lower.
Al the o'clock open board the market became
a,her heavy New York Central sold at 97X n;
Erie 66h; Hudson, 90 u; Reading, 1o0t u;
Michigan Southern 6G% X; Cleveland and Pittsburg,
SK X; Rock Island, s5al ss; Northwestern, Sly
p; do. preferred, ssh y; Fort Wayne, 9lsla q;
Pacific Mail 12o1s; Atlantic Mall, s3s. subsequently
prices experienced further decline, mainly in ccnse.
uencc Of the cable report that negotiations between
France and Prussia had been broken of-the first i'm.
lsa Of tho street hearing 1t having been to sell.
Az the halfpast two regular board the market un
ettled, and New York Central closed 4 lower than at
he FIRST regular board; Eric * Relding !, Michigan
;snsyal !. Michigan Southern IL, Rock Island z,
Northwestern preferred ~, Fort Wayne X, Ohio and
iississippi certificates u, Pacific Mail O. Govern
nent securities rn, and coupon lvc-twentes OF
so7 advanced y, notwithstanding, that the bonds
zero rumorcd to bS selling In London at
0X u. Tho new issue OF 1895 also ad.
snosd x. the rise in gold having neuraiized'
decline Ia tho poe abroad. Tho rest OF the list
tsady Missouri SKIES declincdH After this the un-
puAded apprehensions which had previously existed
avs placo to confident state of feeling and it
70 sssn that there nothing in the war prospect
brood calculated impair the value Of railway pro-
srty In this country The bidding for stocks, there
prs. increased. attended by corresponding improve
>%ath quotations
~ the half-past three open board New York Central
BID at eTx . x; Erie, 65x u; Reading ooX; Mchi-
N southsrn. 6sH; Cleveland and Pittsburg 6Sx X;
koek Island, s5K q e; Northwestern. ak Az; do.
tsfaTsd, 5sk . Il; Fort Wayne s1N; Pacific Mail,
nE, Western Union Telegraph. a5x X. During the
pmainder Of the afternoon the market nrm and st
i O'Clock the following quotations were CURRENT New
Eosk CsnizAl, ok n; Erio tSX . So; Reading. eoX
r.; Michigan Southern. 6eh vi; Cleveland and
|iteAax, osk 90 Rock Island, S5X y; Cleveland
I'd Tolsdo liz n: Northwes ern, S1X N;sdo. pro-
med, Ssx Y: Fort Wayne, olyS . 92; Pacific Mail,
ps y, Ohio and Mississippi certificates, % Ak.
The New York Central Railroad Fare bill was revived
. new shape in the State Assembly this morning
amsy, amendment to Senate bill in relation TO
ilway conductors. The amendment allows the Central
ompany 70 charge two and halt cents per mile pas
snesr fare from the date OF the passage Of the act to
Ao soh OF September 1892 and contains section pro-
idng that the company shall forward freight towards
. destination within ten days after receiving It,
vhich might as we'll have been omitted 80
n q any restriction II imposes upon the
ompany Is concerned. The bill was recommi,ted
B The Committee Railroads, with instructions 10
mend and report forthwith. This goes TO show that
hs managers OF the company still ndustriously
Wing 70 get the passed over the Governors
etc. and report has that fresh outlay OF greenbacss
being this result; but Is TO be hoped
hat the action OF the Governor will be maintained In
a street only few intcres cd parties appear 10 care
boat tho fato Of the ol and the effect OF It's failure
Pen tAs general market has been already discounted
Government securities firm At the close OF busi-
-, ,Twhen the following quotations were current:-
sgistsrsd, 1884, sl0oK 1oo,1; coupon, 1881, IoeH
0ok; nve.twcntes, registered 1852 1o4 104j4; fve-
wentsss, coupon, 1882 lo9X a 1o9s<; ave.twenties,
oupon. 1884, los1s 10sk; fsotwcntes, coupon, 1885,
osx n: nve.twcntes, coupons January and July,
OK X; ten fores, registered es oSN; ten.forties
eppou, ssK u; August seven.thirties, 1o5H x
Tho foreign exchange market became stronger ana
ss advanced under the European political nova aud
he further decline OF cotton. Bankers bills on Eng
Nd II sixty days were quoted ut he close at 1oaH
shrse days. llOx llox; commercial bills, los,S a
oo; francs at sixty days SICK a SIS; a. three
aSs, &lsK a'sl2x; bills on Berlin, 70 ~; on
bremen, 72k TAX: on Frankfort AK Y; on AM
iikasm, ak a X; on Hamburg, soXa n; on Antwerp,
- Gl7N. 4sstN ~. ott
Ths ssock Exchange, the open board, the Gold Ex.
hanes and the Mining Board have voted to adjourn
vsr tomorrow Good friday, and as the lower hall o.
he Stock Exchange will also bc closed 10 is probable
has 4 very limited amount Of business will bs trans
ct.a n wan street Al Il s not legal holiday how
ver <be banks and public onccs will DO kept open cs
hs necessary purposes tYax 80
1ns loan OF thirty millions 70 the Mexicsn republic :.