The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-06-18

In the condition Of the Western money markets there
d no material change note At Cincinnati the demand
for loans compared with the supply Of capital, Is
reported good and the discount market is moderately
active at TO IL per At Chicago there 10 fair in.
quiry for discounts on grain paper but the OF
borrowers closely scrutinized and they need to be
backed with undoubted collateras The mercantile de-
mand IL light and the national banks there are remit
ting the June compound interest TO New York for
payment which has caused amount Of plain legal
tenders nearly equal to the compound notes withdrawn
TO b placed in bank vaults in their stead the National
Currency act requiring that Of % per Of
legal tenders be held against deposits and circulation
II satisfactory TO ind that the Western journals still
report the crop prospects favorable and that the
advances the signs Of abundance become every
whore decided.
Al the nrst regular board railway shares were dull.
New York Central closed higher than at the same
time on Saturday, Cleveland and Toledo =, Rock Island
x, Fort Wayne u, Pacific Mail 2. Erie was u lower,
Michigan Southern ~ Northwestern preferred u, Mari
posa preferred \, Western Union Telegraph 4. Gov
eminent securities strong and rather active,
under the manipulation OF Of the principal dealers
in them, but the demand from tho outside
public Ia very limited SCALE Coupon nve-twenties
Of 1852 sdvaEced ~ issue OF 1854 u, issue OF 1866
i; new issue OF 1896 y. seven-thirty notes Of the
nrst series 4, second series ~ North Carolina skies
advanced, " Tennessee skies Of the new issue do.
cned u.
At the second regular board the market strong.
New York Central closed higher than at the rst egu
lar board, Erie y. Michigan Southern Il, Cleveland and
Pittsburg u, Cleveland and Toledo IN. Rock Island r.
Northwestern y, do preferred x. Fort Wayne " Pa
cnc Mail III Mariposa preferred Il, Western Union
Telegraph y. Ohio and Mississippi certificates y
lower Government securities steady and inactive
the sales realize profits by the leading dealers at the
morning board having checked their upward tendency.
Missouri skies improved y, Tennessee skies OF the
issue y.
Al che one O'Clock open board prices were well sus
saiucd New York Central sold at 1o21S, Erie COS,
Reading 10Ts. Michigan Southern 6S7s. Cleveland and
Pttsburg Tx, Rock Island sox, Northwestern 3s,s,
do. preferred 5sx, Pacific Mail l42 s
During the rest OF the afternoon the market was dull
and at haif-past ave o'clock the following quotations
were currsnt-New York Central, 1923 u Erie. COX
u; Reading, 107K Ak; Michigan Southern, 6sk a
y; Cleveland and Pttsburg. II "; Rock Island oosl
Ak; Fort Wayne, OK a u; Northwestern. 35k y;
do. preferred 5ok AZ Western Union Telegraph, AK
AS Ohio and Mississippi certificates 245s 251f; Pa.
cac Mall, 14lx . lag; Mariposs preferred, 10 a y.
Government securities were duh and steady at the
subosued quotations at the close Of business lssl
coupon 1l3 u; hve.twenty coupon. 1852, 11ok u
nystwcnty coupon 1894 1907 107; nve-twenty ecu.
pom, 1865 107x hvsweny coupon, 1866, new issue
1oox x; ten-foriy coupon, 1907 vi seven thirty
notes first series. 1867 Is; seventhiry notes, second
series, 1863 u; ssven-thirty notss, third series
1865 a Z.
The gold market was shade nrmcr than at the end
OF last week. the range Of the day having been from
137k 1874 with tho closing transactions at the latte
price. The advance in par, due to the increasing
scarcity Of coin for delivery, which caused loans TO be
Nutft and N 4 mar
favor Of lender The gross ccarngs aggregated only
e2s SJ0,0 900, and the gold balances s92e l4o.
ConsoIs and American securities we're quoted thus in