The New York herald., 1867-07-07
FINANCIAL AND COMMERCIAL

SATURDAY, July 6-6P N.
he railway share market although variable, has
% on the whole strong to-day aud in the afternoon
eos were in the ascendant The ease in money gives
brokers and other professional spectators on the
side the controlling power; but 1t is noticeable that
. few Of their number think that stocks are high
|ugh and anticipate q reaction. For q brokers'
rkst is, however very vigorous one, and the ab-
Zoe Of outside support makes little difference
the time being while the professional specu-
prs are so numerous. Loans are made at
- varying from four to six per cent,
d the majority Of large transactions at i've There
very little commercial paper making. and the best
ds s discounted at per cent, and ''good" names
Hk q Q. The bank statement for the week is ex-
ptsd to show increase OF about one million in legal
,dsr notes I'VE millions in deposits three millions in
pcis and four millions in loans
1t the open board at ten o'clock railway shares wsrs
fey steady. New York Central sold at los y Erie,
y; Hudson River, ITO; Reading, lO9ys; Toledo
lbash and Western, 40 4sK; Michigan Southern, 81
&: Cleveland and Pittsburg, SO; Rock Island, ss.
zth western, 4sx Y; do. preferred, o7aH.
t the arst regular board the market developed an
proving tendency, but there was no marked activity
hny steek On the list. New York Central closed y
cr sAaA - the time yesterday, Erie X, Hudson
Fer X, Cleveland and Pttsburg u. Cleveland and ro
10 X, Rock Island y, Northwestern preferred u. Fort
hyne Y, Ohio and Mississippi certificates y. Pacific
~ y, Atlantic Mail 4. Mariposa preferred u. Road.
was 1x higher, Michigan Southern ~ Illinois Cen
" y, Toledo Wabash and Western 2, Western Union
Hegraph 4. Government securities were steady in
he. but coupon fve-wentes Of 1862 aud 1865 showed
Decline Of y from the highest poins Of yesterday.
pong the State stocks North Carolina sxes Of the old
Ii new issues advanced ~
|At the one O'Clock open board there was further
hctional advance, and moderate degree Of activity
Nv York Central sold at 1885, Erie. os q: Reading,
IpX; Michigan Southern, 50; Cleveland and Pittsburg,
" 81; Rock Island, 97 Northwestern, 46; do. pre-
fred GIN; Western Union Telegraph, 4sI a a.
During the rest Of afternoon the market strong
Id at half-p past five tho suboined quotations
|ht:-New York Central, 1861 a u; Erie, 6s4 y !;
iading 1861 a u; Michigan Southern, S44 a q !;
|pveand and Pittsburg, SIX n Rock Island 81 y;
|ert Wayne, 1o1h; Northwestern, 45I 46; do. pre-
Fred, 67K 6S w
|Thore has been active investment demand for gov
hments and especially hve-twenties OF the issues
the counters Of the leading dealers, and the
Shcuty Of loaning money at higher rate
IAN four per cent, is stimulating purchases,
tder which the tendency Of prices is upward. At the
tD-IreaSufy the conversions OF Seventhry notes into
e-twenties Of 1867 from the 1st the 5th inst in
Asve amounted to 50, 725,950. Tho subjoned quota
ns current the street at the close OF business
pgistered 1881, 1921 Il: coupon, 1881, 1929 5S
70 registered, 1852, 1O7X l0s; $40 coupon, 1862
|i5S q; do, 1854, los,s y; do, 1866, 1887 4;
1. do, Jaa"ary and July, 1o7H u; do, 1857, 1917
\; 1910 ll'i cred, 1Ola 1922 do, coupon lO2 4 ;
igus, $780, ~ q "a; juno do, 1867 1o7 July do,
Rs% 10Y; compounds, July, 1854, 1l9 III August,
b, 1lSX 1l9; October do, 1l7A lis; December,
\, III u; May. 1865, 1164 u; August. do, 11S>4
,K; September, do, 115 u: October, do, 1l4IS
k.
The earliest transactions in the gold market at
'9H, advance OF upon the closing price Of yes
lrday but the improv not sustained, and
|cline to 13SX took place. The closing sales
pre- at 139, howovcr Loans were made
ithou interest and at per cent for carrying Tho
css clearngs amounted to 097S, 900, and the gold
Iiances to $l654 262 The Treasury disbursed
10 lst inst $634 600 in coin in payment of the in
rest the public debt; the I'd 100000; on the
$S45, 900, and on the 5th S7os,ooo, making total
the 1st to the 5th, inclusive of S. 000 During
10 same period 81, 297 900 received for custom
lties, leaving the amount thrown the market
B 500 OOO. Tho steamer City Of Baltimore took out
s25, 900 in specie tho Teutona $3.50, 900, and the
ulton 1915 200.
n da;iv dur fha fnfla