The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-10-09
FINANCIAL AND CONNER cLAl


issT l45 AFTER Tho adjournment Of tnn eeEc the
sscatiou dec. aci 70 l4i ba sun ier - imrrcved 20
itsys li5 Cash gold was in aburdaul supols during
lie marupg and loans were msia a. "a per cent l0-
.ng utsub4eqaerdy was loaned ~itac1t intefest
and Al wo per csat Tor borrowings sGhlccrt nd.ca
lion lLRs no hoE nleFess hAs oeeIs largely increased
cnnag ne IS, rev da,a Iae gross eiearia aInCaned
s45 eco no goii balances 10 li3 Ts0 ard toe
currency balances 70 SGol9,23i The Of Ar. NC
Cicoh a feiereute 10 We rcdemton et tho s,i bear
isg debs y e9a iraaes noes 4as been ~itoa. enec;
Hpon TIE public mind, and i rs eaGted 20 no megs
seisht tRsR sae aitetaa.es or gly otser citaeo.
There was moderately I0s supply g4oney avail.
able Tor cnlployRenl tbe sAock .xcbarrs AMI lsns
xeTc made freely to houses N eeoi efeas per
cent n cusr0acy, ess tAe Gsnsnd soys throughout
- dag. pasorots vefe aA tnode sl2Rg.y, 49, oaiy
the best gEae u commerci4l Faper ia ayoF the
banks Tbs rato for ~ c.'is noaaiiF seven sT can't
bat pgnc,tc4iy from esls 10 rns
Tie s.qc.. uv aes 40 been IN ss'1 or efereEccnes
al d., an G-s nas been tne a'osuro O. ~ eyes
The o lhs board 4 directors look LACE
At noon, ard ihe speculative cte,sor poor 90 nan,
Cru blank His nalno pa lcis ost q oe minority
nakst by - 50 called Bos1n p.sy 'naI von the day,
AEd ansipg mat no coaiG 1T hs'p himself, TO
gracefully voted 9 elect has r ais With
sdo exception 81 oao " $50 Of tes haf dozen
e ths "a Gfvee-s NAo Es roaiDse IN the now
s5ard Ie.s as5 - stfaEs uaines To DO found
- lie is- IGe spe-n atvT aGso Or Ana Ina plc3 VI
sogrorea-s uase gwen A'' - oacsof nooodies whe
have sis-'el tems ss ~ sstockjshin, operation and
sha val certainly bs1eli themselves more taan tne
Eno fiNy lo@2ant ~ '-hs1r Co scton win ~ ior
reses4 q aon were De tsadiy ccriAtei 10 throw dts
srsi1 upon 'sr c1m9AaS, AID mo SOCK OF tho Erie
EA~ay = - 70 continue a. . eas oeea, the shoste
ecc. q Wai street. 'or wha. can DO expected
fron specais'cfs but spscuisuea aud mismsDage-
neat, 10 sui Their own csinnpt eudsl 1t Was
r-saofed or The sreei Late In tue afternoon
That Que q e len directors ha resigned 10 axe way
Ser ~ bscN, Ard La this gtaieman had been elected
IA has pace Dot there VAS nothing contirdn II TIE
successful Boston party inci'dss The managers OF the
Boston, Hartford aGd Erie Railway which has thus Ia
been cosrplescd only GrUm Boston Hartford but It's
proposed terminus 10 DO tssnkli Land n, VII re- oy
= eans OF ierryooa,s to rum the river Now
bur-. it = councci with tie Erie. This mpecGnious
eompanr VIII nov tang like parasite the
Erie ari maze IL very useful well by
no latter guaranteeing as bonds to be issued for the
constructon OF toe rad from Hartford Newburg
ctherS;sc. Tnese piuStors vi Ere talk putting
she sicak much higher bot whether they do Or not
Rrudect woad bu it al Its present price, although
N eRe 10 come ~hentbc road is well managed, ~i2
30 worth lar more Tor suvostmont New York Central
n hcaeser, si hisrer In proportion, and for per
ssnia'ock 10 bs selling a: Ia while cent stocsa
arc ar below II, ssd Cleveland and fittsburg
which clsms 10 bs per security
only s. is ridiculous. II is said that
Aoe-an woaidbe rEi'ray monopost asp,res to control
b. end tina. he h,e friends hold large Of
ahe stock but ia against tho public that aly
sse person should constitute himself q railway king
asd charge whatcysr rates OF fare and freight ho
ps.es. Tho railsay system this country rotten
ana disgraceu esoun already and 1t is therefore to
% hoped thai he will be foied obtaining the control
he supposed to The bull ele strong
jest nov on tho steck Exchange and bear is as Sir
Boyle Roche would hays said, ~ ara opi- II is good
sne TO leave Railway shares alone being dangerous
- bay or TO SCH them, but esp ccails TO buy.
Al tho early rsfoioa Of the open board the stock
aArket was slightly lower than nj The close OF business
INST evening" and tho transactions In Erie were very
heavy. Nes York Central sold e, lls,s ll3h; Ene,
Fsk 6sS Read.rg, l02A 1929; Michigan Southern.
esA s3; Cleveland and Pittsoug, 81 = aslss Nor,h-
western, at9s eAsa; do pre- 0sS Fort Wayne
ioo,s Rock Island, lo3S l03h; Western Union Te.e-
graph 81 31 Al the frat regular board the market
EAs extremely active ~ unsettled, Eric declining on
sse cal from OK ioT New YORK Central closed
hover than Al the 4 time yesterday, Reading Is.
Illinois Central eiaud and Toledo y. North
western =, Fort " Atlantic NAL ~ ou' ksiiver
~. krle ~as hudson River ia, Michigan
s"stnefn ~ ~ - fiusourg 4 Milwaukee ana
~ Paul preferred =, Pacific Mall q, Western Union
Telegraph y. Government securities we're hrm and
active, coupon Dsot~eares OF 1882 excepted. which
siossd y o"or The issue OF 1864 was = hsoer' ISSUE
ef 1865 -, coupon nve t~ennes OF 1863, new ISSUE "a
inue OF 1867 =, c'aPon 'en-iorues q.
A. tn open board nj one O'Clock the market was
strone and excited especially Tor Era Ne" YORK Cen
assl sold a. lil's li4H: Ere osS Coz: Hudson
River 1874; Reading, 1927; Michigan Southern say
n So; Cleveland cad lattsburg, ola slI; Rock
ssind 1855 loaz MOI 'h~este n AZ do preferred
fSa a 6ssi. sc6soausniiy'Ene rose 10 7o4 7O}S AT
ihe second regular board abe market continued active
md strons, and ne recu a"Ve interest OF toe stTess
vas centred 10 Ere kew YORK Cen'Fa closed a higher
hAn 1t ~ hrst regular board Ere "a HiohiSan soutn'
srn x, Cleveland aud fstsolir4 "a Cleveland and leco