The New York herald., 1867-02-10

The stock market has beon ver dull and rather heavy,
Notwithstanding the abundance Of money at six per
cent on call TO the Stock Exchange with exceptions at
seven, and the confidence which lenders generally OK
press in continued monetary ease. This in directly
tacsabe 70 the enormous losses occasoned BY the rs
cont panics and the consequent inability OF large
number or speculative houses operate to any consid
cradle extent Tho hope 10 generally entertained, how
ever, that the ensuing spring viii witness re-
sumption Of speculative activity which will last
through the greater part Of the year, thus
repeating the experience Of 1885, but in this case in
many Others the wish ID father 70 the thought Some
OF the leading dealers In government securities have
balances len with them ct per cent and ss class
commercial paper ia discounted at the legal rate Of in
tersst
At the ton O'Clock session Of the open board the rail-
way share market was extremely dull Erie sold
~ SEX, Michigan Southern 75K, Northwestern
s7K. preferred 6sK, Cleveland and Pittsburg SAX.
A. the nrst regular board the speculative feeling
was tame and dulness and steadiness prevailed.
New York Central closed Y lower than at tho same
time yesterday Erie u Cleveland and Toledo u North
western ~ do. preferred 81 Chicago and Alton X. Hud
son River was u higher Cleveland and Pittsburg u.
Government securities quiet but steady. Coupon
skies Of 1881 showed an advance Of Y. issue Of
1866 u. Tennessee skies Of the new issue were low
under the effect Of sales TO realize. New York Central
sold at 1Ol< x, Erie 5s Hudson 100, Reading loa,
Michigan Southern 7Sx X, Rock Island ss< Clevs-
land and Pittsburg SAX " Northwestern 37, do. pre-
ferred 6SL, Fort Wayne 9Sh, Canton 46 Marposa pro-
ferred g. During the of the afternoon the volume
OF transactions was very light and material change
in prices took place. At half-past five the market
closed steady at the following quo,aons:-New York
Central 101N Y, Erie 5sX SO. Reading 1o4A "
Michigan Southern TAX rs, Cleveland and Pttsburg
SAX S. Fort Wayne 9SK, Rock Island 9sH n.
Northwestern 37k 3s, do. preferred 6sx u, Western
Union Telegraph AK a45.
The speculative community, alike with the invest
mont public awaiting the final action of Congress
relation TO the currency II is generally believed that
the national bank interest at Washington will be sui-
ceny strong pass the four per cent loan certificate
BILL but it is to be hoped that tho contrary viii be the
case. and that the compound interest notes will be
provided for at maturity by the issue OF plain legal
tender notes The House bill TO stop contraction during
the present year is measure which ws advocate but
whether passes not the reduced revenues OF the
government will be SUFFICIENT TO prevent the Secretary OF
the Treasury from contracting for considerable time to
come.
Mining shares were firm, Corydon being the highest
and selling up 10 80 10 in the afternoon At tho nrst
board CoFydon closed l0o higher than a the same mc
yesterday, selling = 90 TO- CouAodasd Gregory Gold
2sc, selling at 4l2 sS Quartz Hin Csc lower. ss
ing at - 90 Peoples Gold and Silver sold At 81 Bos
cobcl Suver g. AZ shs secoad board corydon closed
loc higher thaa y ths Arst board, sailing a 80 10
Quartz Hin 500, selling = q as Gold Hl &C., sailing 4
q IS
There was no business Of consequence transacted IN
foreign exchange and rates nomnaily the same
yesterday. Banksrs' bills ON England ~ sixty days
wsrs ssossd q losK losK; u thrss days. loeK :
losk; commercial Bills lo7K n; francs n thrss days.
Glsk SIS; bills On Berlin. 11K 72k; on Brsmsa,
5eK -; % Fsannfsrt q . az; a AnatasAsn. Aok
I az; On HambarS sox; - AntwerR ~ G1sX.
Osassis and Anssssaa securities Wsrs quoted thus Il
LeuAsa O he dass nsatonsd. sccoedlng 70 ths prc