The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-09-08
FINANCIAL AND CONNER GAL.
sAruRplY. Sept LIP. II

STURDY Sept 10 NJ
The railroad share market has been variable To day
andsr tne influence OF hereinafter referred TO-
bgt TOW ards II became hru and the Of the
bank 9 Atem ut beng much favorable than was
generally expe ted likely To operate Ia favor of higher
prces week. although there strong bear inter-
est prepared 10 resist its tendency.
There able change in the condition OF the
money market Capital sup REDUNDANT supp.y
and loans made freely ats pr ecu, on govern
menl securities, AMI a s ON mixed cola erals.
shs amour, OF commercial paper seeking dis
count continues limited, ana the best grade
eth quoted at cal per cent There Is very lille
produce paper being forward by The Western
banks, which indicates absence of any strons pres
sure for money In thar section from panie' VINO are
entitled TO accommodation rhe statement OF the city
banks for tue week 1, expected 10 snow an increase OF
about million end half IN egs tender notes Tour
millions In Deposit tao aud half IN lions In loans and
hah million IN specie
Al tho eary session ~ the oren board railway shares
we're barely steady New YORK Central sold at lOjS,
gne o9ls: Michigan sou hern s21 Cleveland aud n 's
burs s7I: Rock Island, lO41S Northwestern, 40 go
preferred golsa7l} h ad,ns, lO2, Pacific Mail l444;
western Uai,n rcic-ra 49, Merchants Union, 22s;
Adams Express 6ils Wells. FargoS Co.. 64H
Al the first regular boari On, market showed
dropping tendency, and Erie MAS the weakest
Of The railway shares owing TO the fact Of
,he tran fer bioAs closas TO-DAY AID tho
approachiag mailriy of q numoer OF sellers options put
DOT BY tie speculative iifesior some TO- agains
large mt Of cash stock bought by him New York
central closed Il lower than the time yeser.
Gay. Erie IL. Hadon River u, Reading 4, Cleveland
aud Toledo y, Rock Island r. Norghses era preferred
* Milwaukee, aud ST. Paul \ Western Union Telegraph
Y ciriti weral Aare CouD N
dveweniies OF ls02 declined " aud the of 1854
and 1865 and sevcp-thiry OF The nd series Z
Among express shares Merchants Union with $50
PAID, sold at 221 American at 6S aud Adams q, 6sH.
AZ the one O'Clock open board the market was steady
out dull, and Nov York Central sold at 1865 Is 3 Erie
O. 69h; Hudson River. 10; Reading. 1927; Michi.
gan Southern s2,< Cleveland and Toledo 1885, North
sssteru, 451s; do preferred 7o,I ol0I Pac hc Mail,
ASh; Western Union Telegraph. -; Adams Express,
esb; Merchant Union, 22I. Subsequently the mar
kes became weak ana excited. especially for Eric,
which declined to osss esI, the immediate causes
being the apprehension felt with regard the
Of Erie report that the statement of associated
panss for the week would unfsvorabe and the
Of Mr.. Seward's resignation. Soon afterwards, how.
ever. transp rcd that the bank statement would DO
very favorable one, aud the tide OF speculation turned
n tsvor OF the bulls Immediately. Enc TO 69s.
ana there brisk demand for all the STOCKS
Al hal past five the closed with improving
tendency, al the following quota,ions:-New York Cen
ira, 1861 lo65f Ere, CA CO.,: Reading, 1927
1924; schg gan southern, s2s a s2I Rock Island
I048 l0i9s; North western 46 46l4 do. pr fered
1o5 a 705S; Fac fc Nal. l43; Oh o and Mississippi
eertacates, 2Tsl 271S; Western Union Telegraph 43
<aH; Milwaukee aud ST. Paul preferred 671s a6s
There moderate business transacted IN govern
ment securities at the Of tho leading dealers
aud at the close the market irm the subjoncd
prces:Regs cred, 1851. nix llls; coupons, 1881,
Il5S all2; 2o's, rgsiersd 1852, lo94 a lo9h; do.
coupon, 1862, ll44 lli's do. coupon, 1864 1897
ITO; do coupon, 1865. NIX a llln; do coupon.
January and July, losH l0sI 1910 s. registered 99k
sss>s; do. coupon. s9a e9's, August 1905 1919
1919 June do, 1919 1919; July do lO73S 1917
October compounds. 1864, Ils7s a ll91S; December
DO, ll7's llSX; Aay do, 1865 III a NIX; August
d., ll6 Il64; septemoer do, ll5h ll5s.; October
o., lis 1l5a
The gold market strong, the range Of the day
having been from la21 to lax. the latter being the
eosins price in the subsequently, the street,
however, there a sudden advance l43 u, tol-
lowed by a relapse to 1929 ~ under a rumor that
Mr. Seward had resigned his place In the Cabinet Cash
gold vas abundant aud loans made without inter-
ct, and Al per for carrying. rhe clearngs
amounted to $40 6s2 000 the eold balances to Ala 950
and the currency balances TO s3o79 $40. The ship
acnts OF spece for the week have aggregated only
ei,ol395 making total Of $40 500 since the LIST
OF January against $50 523 063 for the corresponding
period 1885, $50 200. sos in 1885, The deas for
fo,io.