The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-09-04
FINANCIAL AND CONNER GAL.
TUESDAY, Sept s--s p. N.


TUESDAY, Sept 3-s NJ
The rnlxAy snare market has shown increased nrn-
soss to-day and durn. tho latter part Of hs afternoon
lhere was moderate degree OF activity experienced.
Tue transactions are, however entirely confined to the
brokers and few other professional epeeulators and
fhe fluctuations trlfng. The bulls apparently lack
shs strength necessary 10 turn the large hor incrcs.
outstanding aud the extreme monetary 10 advan-
tase but they sangune that askthe operators who
Rave been out Of during weeks return
20 the street they Will be induced TO buy ct present
prices in view OF the enlarged earnings OF the railways
There Is probability that in this they will be
Nrsy disappointed and II they should combine to run
Ip any particular stock which happens 10 DO oversod
che eec. upon the Of the market would be imme-
elate and important, as IL would cause general rush OF
be bears TO their contracts.
There Is no change TO note in the condtion OF tho
money market. Loans continue 10 be made freely by
the banks at per cent government securities and
mixed coaterals, with few exceptional trans
sections the former al and Tho later al per cent
The from the Stock Exchange is limited, owing
10 the daines OF speculation, and tie Applications Tor
discounts are on very moderate scale. Tho best grade
or commercial paper rstod at per cent, and the
sscond at a o; but Gil save we'll known out
OF favor at banks aud benes most OF the business
d done through the private discount houses. A large
amount OF capital In he aggregate syng idle and the
fran Of currency westward continues light, while the
Eouthern exchanges slightly in our favor Tho
statement OF tho public debt for August u OK
pected TO be published Thursday, and as
ihe disbursements OF the Treasury for the public ser
vice aggregated abou. twenty-five micns during tho
month the probability lie that will fail to show any
material contraction 81 plain legal tender notes
A. the early session Of the open board railway shares
steady and dull at the decline Of last evening,
VII sallin so Nd
hand and Ptsburg 93i. Al the 1rs regular board the
market was 1rmer. but the volume Of business was
Night Erie closed 4 lower than at the time yes
tssday, Reading u, Michigan southern =, Cleveland
ana PittsburE !, Rock Island y, Northwestern ~ Nil
Wsukee and st. Paul preferred y Ohio and Mississippi
certificates - Pacific Mail Y, Western Union Telegraph
r. HUDSON River was higher.
Government securities wers moderately active, b.l
barely steady. Coupon nvs-t~en.ies Of 1862 were %
lower issue Of 1855 y, ssven-thity notes OF tie
second series u. State stocks were duh and rather
heavy in tone
A. the open board d O'Clock proes q fEac-
Sion hover New York Central selling at los Erie ooz.
Rock Island i0ax. Al tho second regular board the
market Was frm at . slight advance, and there An
improved demand for all tie leading stocks Cleveland
snd Pittsbrrg sold sxdivdsnd Of Ave per Erie
closed higher than the nrst regular board Hudson
River l. Reading y, Michigan Southern u,
ASOCk ibikbu -, NoItuWeSOIn q, nu"uukeo ana
81 Paul preferred " Pacific Mail Is. Cleveland and
Pntsburg was ~ lower, sxdiv or y higher dividend
included Government securities were steady at tho
noon prices, coupon nve-twentIss OF 1867 excepted
which declined y. Tennessee sxes were y lower. The
express shares wsre steady. United States advanced
~, Adams ~. wels-Fargo q. Merchants Union sold
81 H. The market for the latter limited pending the
aecson Of the Supreme Court OF this district in tho
Waterbury suit
Al the halpast thrss open beard the market con.
tnued firm aud moderately active. New York Central
sold at 1868 aloski Erie, 7on; Hudson River, l27
BEADING. 1os&; Michigan Southern, $50; Cleveland
and Ptsburg, SO ss1S; Northwestern, l6x; do. pre-
ssrrsd, 7oh; Rock Island, 1885,; Fort Wayne 1857
Wolfe. Fargo Co., 0sk; Adams Express, 75%; United
States Express 70. During the res, Of the afternoon
ssnand for the principal stocks unabated, and
stx O'Clock the market strong ct tho following quo
sasions: New York Central 1854 1857; Erie, TO-.
ION; Reading, 1875 lo3x; Michigan Southern, s3,t
san; Cleveland and ntssburs 90 eox; Rock Island,
1o3x 1os Fort Wayne. 1851 100; Northwestern,
<e,s a >ok; do. preferred, 7ox 70L; Pacific Nail.
1S3H 1<4A; Ohio and Mississippi certificates 274 q
s7$ Western Union Telegraph, t2,1 . Ask; Adam,
Express 1ck 10Y; United States, Is 10; American
1bh a 20; Wells, Fargo h Co, o6,I 81 90.
The following il . comparison Of the prices OF the
heading stocks at the first day AID on the same
cate .ast month H.