The New York herald., 1867-04-05
FINANCIAL AND COMMERCIAL.

THURSDAY, March 80 p H.
The sock market abored under depression during the
srea'< part Of the day, but In the afternoon sxpe-
rer 1ed partial rally and closed with an improving
Adency The more philosophical mot 10 say joviai)
= the bulls argue that the present decline 10 just what
was wanted 70 disspae the sagnaon and inau-
ssrae brisk spring rse and. although this is some.
thing like whistling TO keep their courage up and
making virtue OF necessity may prove true
Certain II is that good basis for rise Is
now presented, and that IL only requires
an easy money market and fair degree OF
speculative activity TO stimulate substantial advance
in all the leading railway shares Money still remains
rather active cent with not few transac
nons at this rate in gold with commission added
from the Sab Treasury return OF yesterday that
received million and half Ia currency more than II
pad ont and this substana,es that extent tho report
that the government drawing upon its depcntares
Al the close Of business there better feeling than
has prevailed for days past ameng the leading bank
manages owing to the return flow OF currency
from the country banks, and before the vcck
closes every probability Of the restoration of
comparative But now FIRST class houses have
difficulty providing for their wants at the legal
rate, and this all similar OCCASIONS much Of
the disturbance stock Exchange been ne to
apprehension rather than actual strngcncy. The Sub.
Treasury will likely dsburse currency freely for some
Of the market towards recovery. i.se 45EM
AT the ten O'Clock session of the open board stocks
pressed and New York Central sold at 1O2
a1o2h; Enc, 54A u; Reading, EO03< a; Michigan
6outhern 70 i0,<; Cleveland ana Pittsburx 75z x
Illinois Central. ia; Rock Island s9s * Northwest
srn, a3A X; do. preferred, 6aK ~; Fort Wayne,
% 92A Atlantic Nail, SO; rscnc Maj, I24 125;
Western UEon Telegraph, AK.
AT the drst regulsr board the marks: unsettled
large amounts and declined to f23 y. New York Cen.
irai closed 2h lower than the time yesterday
Erie 2a, Reading - Michigan Southern 2h, Cleveland
and Pittsburg 1s Rock Island IL, Northwestern IL,
DO preferred "a, Fort Wayne -, Ohio and Mississippi
certificates "a Pacific Mail y, AaEtlc Mail Q Western
Union Telegraph a. Government securities in.
active but gcccrally steady in touc, although coupon
6vetxen.es of the original showed decssne of
Il. Tennessee skies. new, Il lower
AT the O'Clock open board tho market farther
unsettled and lower. New York Central sold At I0Il
~ Erie, SAX u; Hudson, 1856 l3e: Reading, IoO,s
~ Michigan Southern, 6o4 a 7oss; Cleveland rtts-
burg 76; Illinois Central ia Roox Island, sSS "a
Northwestern a31s; do. preferred, 6l'. u; Fort
Wayne, % a 92h; Western Union Telegraph Al; At
iantic Mail 50; PacSfc Mail, 1919.
Al the hafpas two regular board there less pres
sure to SELL and tendency towards recovery de-
veoped except for Pacific Atlantic Mall which were
weak, the former selling down I1s7s New York Cen
saI closed u lower than the regular board
u, Reading H, Illinois Central y, Cleveland s. Ptsburx
y, Pacific Mail ~. Atlantic Mail 21s Rock Island was
y higher, Northwestern preferred r. Fort Wayne X
Milwaukee and 81. Paul preferred y. Government
curtes neglected. and coupon vetwenties Of 1855
declined x.
A The half-past three opeu board further i'm
psOvement took place IN the tone OF the
market attended by general advance OF
pr,ces New York Central ssid at 1OIx l02; Erie,
,eSx; Michigan Southern, II ny; Cleveland and
Pitsbusg, tax d. 81; Rock Island, SIX; Reading,
1olx; North Western "a say; do preferred, 62ss
"; Fsrt Wayne, o2x; Pacific Mail. l1sa 1le,< Sub
sequepty confidence in the market having turned for
The better gained strength, although tho previous
provcment not In ali cases fully sustained Ata
quarter to Six the market moderately firm at the
sobjoIned quotations New York Central, 10lx 4;
Rris o6K q y; Hudson, 1Ss; Michigan Southern, I0H
*; Cleveland and Pittsburg rex AZ Rock Island,
ssK aso; Fort Wayne, s2k y; North Western, a3x
*, do. preferred, SAX X; Pacific Mail, l20x l2l;
Ohio certificates 25N; Western Union Telegraph, A.
The gold market has experienced further decline,
sherange Of the day having been from 1897 10 1884,
with the closing transactions 1897. Cash gold was
more abundant owing to Treasury salea in order IL 10
supposed to increase tho currency balance in the SUBJ
Treasury. Loans made 132d and 164th per
per diem in favor Of the lender aud per for
carrying
The foreign exchange market quiet with bills
Offering. Cotton bills less in favor and closely
Gnized owing TO the decline in the staple abroad.
Bankers bills England at sixty days quoted at
1857 100; at three days 109a "a; commercial bills,
l07s losh; francs at sixty days. .22s 517ls;a at
ihree days. 517ls SIS; bills Berlin, Tx ~; on
Bremen, 7s1s 7s,s; on Frankfort, 4os< Al; on Am