The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-03-08
Sis, sss, 42O $3.50, 7oo, 600 s2i. SOL, 400

5ooos. IA $4,000 2ol5o,oo 600 1885 900
io,oOos.......- 10000 600 100000
Toal...... sl78sss 42o $3.50 7eo 600 s2l, 5e4, 400
Speculation on the Stock Exchange WINS very languid
early In the day, but in the afternoon the prospecS
early adjournment Of Congress favor
able TO an advance in prices, by removing popular
prehensons OF impending trouble and the railway share
market experienced general Improvement. There
no noticeable change n the supply Of money! although
the loans at per cent than Of
late, and six, with exceptions seven paid
ernment securities veil railway colla.erals First
class houses were freely supplied a rule, at six but
there few transactions at i've the case
days The OF discount for the best grade
Of commercial paper al sixty days, and three nonhs
remains at per cent and for longer dates TX
At the O'Clock session of tho open board railway
shares were steady New York Central sold at 1Oi Il
X; Erie, 53b; Reading 101; Michigan Southern, Tx ;
Cleveland and Pittsburr, 79A Northwestern. 49, do.
preferred COZ "; Rock Island. e3k; Fort Wayne,
93I; Atlantic Mail SO s7k At the first regular board
the market was dull and without material change TO
prices The steamship shares nrmcr, and Atlantic
Mail sold up to ST. New York Central closed u higher
than at the time yesterday, Erie Il, Michigan
Southern Il, Cleveland and Toledo u, Northwestern Y,
DO preferred X, Fort Wayne u, Pacific Mail 1, Atlantic
Mail s, Quicksilver l. Canton 4, Western Union -eie-
~,
pois Central ss, Ohio and Mississippi certificates e.
Government securities neglected Tennessee skies
Of the issue declined 4. At the o'clock session
Of tho open board the market continued dull but steady
New York Central sold at lolK 70. 81; Erie, 535SS;;
Michigan Southern, 70 Cleveland and Pttsburg, 1853
Il; Rock Island %; Northwestern. 33iS; do pre-
ferred 0oK; Fort Wayne, 93N; Atlantic MAIL s61.
At the haif.past two regular board the speculative
feeling was stronger and the tendency OF prices was
upward New York Central closed y higher than at
the 1rst regular board Erie ". Reading 4. Michigan
Southern Il, Rock Islands, Northwestern 4, do pre-
ferred ~ Fort Wayne " Toledo. Wabash and Western
y, Atlantic Mail Y. Illinois Central 4 love-. West
ern Union Telegraph 4. Government securities
innctive. At the half-past three open board the i'm
provcmcnt made further progress, and New York Gen.
trail sold at lolH Erie, 53H Michigan Southern, 7oH
. 71H Cleveland and Pittsburg. 79T h. b.; Rock
Island 93H AZ, Northwestern, 33 u ST do preferred,
81 Ok; Fort Wayne. a3zI 94X Atlantic Mall SSx /;
Pacific Mail l23 12is; Western Union Telegraph
an Subsequently the market showed Increasing nrm
and at i've the following quotations
cnrrent:-New York Central. l09 u; Erie, 54K Y I;
Reading, lolH X; Michigan Southern, 71K g; Hi.
nois Central 1l6; Cleveland and Pittsburg, 80 a n;
Rock Island. % T.; Fort Wayne, ~ u: Northwest
ern. SAX n; do. preferred, elkaK Western Union
Telegraph, <lz u; Pacific Mall 1913 Ia Atlantic
Mail $50 X; Ohio and Mississippi certificates,
26ha
The foreign exchange market was firm under a do
mand for bills, stimulated by the decline in gold
Bankers bills England at sixty days quoted
the close at 1857 X; at three days, l09h 1907
commercial bills 1os l0sL francs at sixty days, 517H
a5.22h at three days, 513k SIS; bills Berlin,
71k u; on Bremen, rs 7ssf; on Frankfort 4o7f
Al; Amsterdam, 4oZ 414; on Hamburg, 37H
3ssS; on Antwerp. 5.221l 500 brisk demand for
United States bonds Europe is anticipated by most Of
the foreign bankers result Of the adjournment Of
Congress without deng anything towards impeachment,
and considerable amounts now being bought for
portation this theory, which Is favored by the
treme abundance Of money and the Of interest
current there
Mining shares were actve but irregular At the nrst
board Consolidated Gregory Gold closed 81 is lower
than at the second board yesterday, selling m $40;
Davidson Copper &c. selling at 9oc Smith Parmelee
l5c., selling at So So. Quartz Hill was sc. higher,
selling at "a. At the second board Consolidated
Gregory Gold closcd 81 As higher than at the FIRST resu-
lar BOARD, selling at ST. IS; Smith Parmelee l0c,
selling NJ S5 o5 Cosmbian Gold and Silver was 45c
lower, selling ut 81 a.
The statement Of the national debt for tho month OF
February shows that tbs less the cash In
the Treasury decreased s12 between the LIST Of
February and the LIST Of March, but We exclude the
the Treasury st each Of those Gates the debt
shows increase OF ss,s13,75o The volume Of legal
tender has been reduced to the extent Of So 46
and this feature Of the statement commented upon in
terms the reverse OF complimentary 10 the judg-
msnt and policy Of the Secretary Of the Treasury It's
argued that contraction Of the currency at present rs
damaging 20 the material interests Of the country and
calculated to sssravae the depression which for
time past has prevailed in all departments Of trade
Tho secret manpulatons Of the public securities
involved in the present method Of funding
have been going forward actively, the Treasury
having sold ~, so9,500 Of nve-twenty bonds
during the month. and bought $50 SIS $50 Of seven
thirty notes The reduction Of the total debt exclusive
Of the In tho Treasury since tho LIST Of March,
1905 has been $751; The Totals OF the two state
mcnts arc:--