The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-09-07
FINANCIAL AND CONNER GAL.
FupAY. Sept eor. n


Toe railway share market has been somewhat un-
settled to-day BY ths irregular course Of Erie, but the
bulls have not relaxed their efforts TO advance prices,
and the speculative feeling OF the street more in their
FAVOR at present than for weeks past Professional
SpscuIaios returning town. but there s no influx
OF orders from the outside public. Aided BY the pre-
vaing monetary ease however, and the enlarged earn
Sings Of the railways quotations easily supported,
and with increased activity greater buoyancy is looked
for The bears nevertheless content TO bide their
Eme, which iser will come on the principle
chat every dog has mis- day but meanwhile tho bulls
may reap harvest OF profits.
There is no change to note In the condition OF none
cary Affairs. The supply Of money continues abundant
at per on government securities and as ON
mixed colateras There 10 q very United volume Of
business in the discount line and first class commercial
paper quoted at per cent with exceptional trans
actions in the case Of prime within thirty days of matu
rity At SIX.
At the early Of the open board railway shares
were dull but steady The closing quotations. of last
evening, Ere selling at 7oX 7ok, Milwaukee and St.
Paul preferred 674, and New York Central 10ess At
the rst regular the market steady and there
vas very little interest manifested in Erie notwith
standing the official announcement this mornug that
abe transfer book will be- closed at two r. NJ to-mor-
row. There VAS brisk borrowing demand for
ths stock, however, and e 4 per cent
was paid for until Monday next.
Erie closed 4 higher than at the same time yesterday,
Hudson River Il, Rock Island y, Northwestern u do.
preferred u, Fort wayae e. Reading was u lower
Government securities moderately active and
steady Coupon Gvs-t~enues OF 1862 declined n, and
che issue OF 1865 advanced i Tennessee skies, new
were 3i higher. rhs old express shares continued
weak, aud Adams sn,wcd Q further decline OF and
American 3K. while M-rchanss' Union, with 80 per
adv tt.o ad,stac hail ha
decision OF Judge Barnard in the suit OF Waterbury
Ross against the appointment OF . receiver for the
latter company.
At the open board at O'Clock prices
aghty lower, except for Milwaukee and St. Paul pre-
ferrsd. which advanced to 67. Ere sold at 70. New
York Central 1861 and Rock Island 104a4 The old
cypress shares experienced a further decline,
Adams selling at 66k. whle Merchants
Onion, with 30 paid, advanced to %. Subsequently
Eric declined to 80 undor apprehensons that cash stock
might be thrown upon The market after the closng Of
the transfer books morrow; but at the second regular
board there was partial recovery sales having been
made At 691s. Newly TX Central closed 4 lower than
ut the first regular board, Erie e, Reading 4, Rock
Island ~ Northwestern ~ do preferred ~ Fort
Wayne 4, Pacific Mail ~ Canton az, Western Union
Telegraph y. Government securities dull and
steady Coupon Eve twenties Of 1866 4 lower.
Express shares we're without material change.
At the halfpast three open board there further
recovery. Erie sold at 69z. Michigan Southern s2H,
Milwaukee and St. Paul preferred 6Ih Merchants
Union Express advanced to 22K, price which subse-
quenty brought out sellers The causes influencing the
decline in the old companies shares have created
large 'short interest," and reaction is likely to
sake place before long, During the OF the afternoon
the general stock market continued 70 show i'm
proving tendency. and at six O'Clock firm at the
following quotations: New York Central 1867 y;
Erie, Cox q; Reading, 1927 . 1oS; Michigan
Southern, S2T SO: Gle Gland and Pittsburg, So y;
Rock Island, 1861 x; Fort Wayne, 1854 10e;
Northwestern, 4ek Y; do preferred, 70H e; Pa
cinc Nall, la Vi ONO aud Mississippi certificates,
27x %; Western Union Telegraph. q . 4; Milwau.
kee and st. Paul IRE err d. s7Kah.
There was Igh. business transacted in government
securities at tho OF the leading dealers
che close the market quiet At the suboned prces
Registered, 1881 INK liz; coupon, 1881, 1l2
1l2k; fve-twenties registered, 1882, 10ok 109E;
hve-twenties. coupon, 1852, 1l4z l14H; do, 1864,
1lOa Il0h; do, 1855. NIX my; do, January and
July, 1857 a10sx; avetwenties coupon, 1851, 1855
1854; teu-torties regst red 99k 9o1S; d. coupon
ssss a 9o;S gold, la2x 1924; August 1905,
1O7x los; June 1905, io7x lo7x; July 7-ao's,
IO7x I07k Octooer compounds, 1864, 1lsS 11oH;
December do. do, ll7X . lIsK; May do, 1885. lit
allTk; Angus, do do, 1ie lieX; September do
DO, ll5x ll5X; OCTOBER do. do, ASK llSK.
The gold market very Arm. the range Of the day
having been from 142k l42x, with the closing tran
sacons at 142l The supply Of cash gold was abundant
although IT ID generally supposed that the government
has not been sci during the last few days Loans
were made without interest and at per cent for
carrying The gross cearngs amounted TO $685. ,oo0
shs gold $762 sos and the currency balances
20 81, 1921 26
The receipts Of coin and bullion from California this
port from January to August. inclusive. aggregated
$40 s5e 374 OF which s24s2,sl0 arrived in January
sl7l0ooo in February, $lsl3ss4 in March, s.l62 7s4
IN April sl.ls4.ssl In May. s2,7se.251 in June
s2,67o.74 in July and ss,oss,5so in August
During the same period received from
foreign ports 54s making the total receipts for
the eight months s22 100 92o The shipments to for
sign ports for the period aggravated $50 $780, $50
namely, January, $2S5i35l in February g. 12a 4Sl;
in March, ST. l4i: In April, 81 26l. 2S3; In MAY,
80 043 1884, in June, &c. 724 272 in July SIS $40 1884,
and in August, Liza 5eA These figures show q pre-
pondencs OF exports imports of ST. TO- go be-
swssn the 1st OF January aud me 3lst Of August
The foreign exchange market dull. and rates
fraction lower than Yesterday the For
Inenta bills tho rates we're 1rm and the demand lin
led. Bankers' bills England, 1t sixty days. were
quoted ., Ioex q; at .hrss days, llok XII CONNER
cial bills 1osx 1ook; bills Paris, at sixty days,
SICK . SIS; ct three days. 8 N,S 6.13x.
Mining shares nrmer and more active than yes
serday At the nrs board Rocky Mountain closed Csc.
higher than at the time yesterday selling 81 s5
Corydon Sc, selling 81 IS; sepsenderfer &c., selling
~ 3ll co. Quartz Hill sold at 81 65; Davidson Copper.
81; Smith Parmeise, IS IS; Columbian Gold and
silver, 81
The business transacted at the Sub Treasury this
city to-day was - foi,vs:-
Total receipts. 2iA 4lo Total paymenta s77s ISL
For CUSTOMS. $4,000 Balance liz, 638, $50
For gold notes. o4.000
AZ tue election for directors Of the Albany and sus-
,aushanna Railroad Company, held September g. 1867,
she following elected for the ensuing s:Joseph
H. Ramsey, Jacob Leonard, Peter Casgsr, jeremiah
Austin, Albany; hiuard Harder, Cobblsskili; John
wsstover, Richpopdvs; John Cook, Worcester; Jared
Goodyear. CollervtIe; EliAkim r. Ford, Onsonta;
Samuel North Unadilia; Ira Z. Sherman, sidney: