The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-12-22

At the commencement OF business the stock market
firm, except for Pacific Mail which vas dropping.
asd q the early session Of the open board New York
Central sold at 1l7k; Erie 73x; Reading co. Michigan
Southern, SAX . SAX; Rock Island, osk oSK;
Northwestern, 6sA; do preferred, COZ a osh;
Western Union Telegraph SAX; Pacific Mall lis Il5K.
~ tho Arst regular board the market was frm and
active. but Pacific Mail experienced . further decline
70 Il4X under pressure to SELL The 'short" interest
- this stock very heavy, but the bears continue
have their own way with IT, because Of the reduced
sarning Of the company growing out Of the opposition
line Erie closed Is lower than at the same time yes.
tsrday. Northwestern q, Fort Wayne w. Milwaukee
and f. Paul preferred n Pacific Mail az, Quicksilver
x Beading vas Y higher, Michigan Central Y.
Michigan Southern ~, Cleveland and Toledo x, Rock
Island y, Northwestern preferred X, Milwaukee and
81 Paul III Western Union Telegraph e. Govern.
nent securities stsady coupon nvs-twsntiss Of
ASA excepted, which closed V lower. The express
sharss were strong. and ~ per cant higher, Wells
Fargo Co. . excepted, which declined 1.
A. the open board q ono o'clock the market was
active and strong, and New York Central sold l1TK
Erie. 7sK 7sK; Reading. osX; Michigan Southern,
SAX . SAX: Cleveland and Toledo 1903; Rock Island,
0sX %. Northwestern. ssk ssx; do preferred. cox
seok: Western Union telegraph s4x; Pacific Mall, llAk
Ajax. ~ the second regular board the market was
ssrosg and Erie advanced 70 TAX, Michigan Southern
% eSH and North preferred TO TO- these and NIL
waukss and st. Paul being the strongest Of the rail-
way shareaL The upward movement in Northw sstsrn
preferred has not bssn in the least checked by the an
nosnosnsnt that the company has suspended dividends
until asr the next May meeting in the interest OF the
common stockholden Pacific Mail suffered further
decline 70 ll2A. New York Central closed higher
than q the nut regular board, Erie y. Reading y.
Mlohigaa Southern Il, Rock Island y, Northwestern
preferred X, Fort Wayne y, Milwaukee and y. Paul
IN, do preferred 2, Western Union Telegraph r.
Northwest lower. Pacific Mail TX, Quicksilver
n A The open board At haif.past thres the markss
osntiaued strong and prices advanced fraction new
York Central sold at nix; Ene, TAX; Reading. osk
Michigan Southern. s5h; Cleveland and PMssburg,
ssK; Northwestern, 5sz; do preferred, 7ox; Western
Uniea Telegraph, ssK 3s1<; Pacific Nail, ll3 l13k.
Dursg tho rest OF the afternoon the railway share
market was very active and buoyant, especially
for Erie, and At the close, at half-pass I'VE,
Il wss strong At the following quotstions:-Nsw York
Central, ll7X lis; Eric. 74,. 7lki Reading, ocx .
ssk; Michigan Southern. s5k ssx; Cleveland and
Pisssbarg, ssk ssk; Rock island, soK . 00x; Fort
Wayne, ook o9k; North western. So 6sk; do. pre-
fsrsl " 70k; Pacific Aaisl11h il1h; Western
Union Telegraph. 35h ssx.
There was . steady and moderately active movement
In government securities and hvs-twenss OF 1851 were
sasy for delivery and fraction Afthe Gloss the
market was firm the quotations appended :-Rsgs-
tered 1881, los 1osk; coupon, 1881, 1921 . ll2k;
6-2Cs registered. 1862, lo4k . loax; 6-2os coupon
1851 los 1osk; do. 1884. 1osK 1854; do, 1895.
1853 1osk; do, 1855. January and July, los 1854
do 1867 1osK 1osk; lo4o's registered, 1o1 1olk
1o-<os coupon, 1914 1918; June 1905, 1o4k .
lo4X; July 1905. 1o4k 1o4K; May compounda 1895.
l17k NIX; August do, llox . 116k; Ssptsmbsf
do, I1sh llo; October do. 1l5K 1i5k.
The foreign exchange market inactive but steady
II tone. the quotations being nomnay a. subjoinsd-
Banks1' bills on England ct sixty days. lilo 1lok; 81
three days, HOY llox: commercial bills, losK .
io9x; bills Paris ss sixty days. G13H selIH; u
three days, S11k $40. On Berlin, bankers', " .
TAX; Commercial, Tx s7i1. On Bremen, baaksrs',
TOY Q 7ok; commercial. 10 1914 On Frankfort,
banksrs', ak alls commercial. IL 4lk. On An
stsrdam, banksrs', ak asK; commercial, Al Az.
On Hamburg, bankers, 36k 3sx commercial, asa .
eeX. o. Antwerp, bsnkers, 6l3k a5.l2.; CONNER.
oial sex ABS.
Mining shares neglected. AZ the nrss board
Edgshll Mining sold ~ % 50 Smith Parmsss 81 IS
New York and Eldorado. 81 20; New York Gold, CSC
Davidson Copper. soc.
consos and American securities were quoted thus Ia