The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-07-10
FINANCIAL AND NUMERICAL.

early part Of the day, but IN the afternoon becant
buoyant and closed strong The bull element the stree
soutiy resisting the efforts OF OF direcrs
Of Erie and others depress the speculative f9tns
now alng and the indications that ihg bulls
w more OF their way than the bears for the
present, seass; but is matter of very little
suence oihe public which side gains the ascendancy
The su)ply of money continues In excess OF the de-
nand tnd loans are made freely At 8 . 9 per cent,
with Jew exceptional transactions government
sarftt9 at four The exchanges between this centre
and We West are about equally balanced, ana there is
no pbspect OF drain in favor OF that section Of the
soufry setting IN to any material before the
h,fr part Of August, and then IL will hardly be
sufficient to produce monetary activity, ~ the money
tr Mt 10 move the crops returns with great rspd,y
1srs s very light volume of business The discount
ne. and names connected with the dry goods trade are
loosely scrutnIzed owing to the dsTust growing out OF
Ahs recent failure The best grade OF commercial paper
~ quoted al Ca per cent, and good but NOT prime
! names are taken at 7ka
Al the early session OF he open board railway shares
were heavy and al the nrt regular board there was no
tmpro~smont Erie closed u lover than 81 the same
siuss yesterday, New York Central y, Reading TX,
Michigan Central u, Michigan Southern TX, North
western ~ do preferred ~ Rock Island ", Toledo,
wabash and Western %, Milwaukee and st. Paul Y,
o. preferred y, Fort Wayne J. Government securities
strong for five twenties Of the two Issues OF 1865.
Coupon SKIES OF 1881 u higher than noon yes
tsrday, nvstwonties OF 1852 " Issue Of 1854 "
q 1866 l. Of 1865 ,s, ten-forties seven-
thiros OF the first series y. second r. The Stats
stocks steady.
Al tho o'clock open board the market stronger
n tone. and prices experienced gen OF
x per cent At tho haf-past two regular board the
Improvement made further progress New York Central
aossd higher than at the nrs regular board Erie
Michigan Southern TX, Reading y, Cleveland and Pitts
purg IL, Northwestern 1h, do. preferred IN, Rock
Island ", Fort Wayne y. Government securities were
excited and buoyant Coupon skies Of 1881 advanced
Is, ten ortes u, nve.twentes OF 1862 y. issue OF
1895 IA n ssven-thirties Of the first n, second
series ~ third series Is The 1857 issue OF
sold at 1894 Among the miscellaneous Western
Onion Telegraph was the most active and strong, the
price having advanced TO 4oH. An attempt 10 being
made Ralvanize that RUBBISH the stock
ths Cumberland Coal Company, into activity, and the
price touched 39x; but the public agains, buy
ing a, any price, the object OF the spectators hold
ing is to make victims Of all who other buy sell It,
At the hAif-past three open board the
market strong Erie advanced TO os,a,
Michigan Southern to g. Northwestern Ask, Western
Union Telegraph to 49I and Mariposa preferred 2i,S.
Government securities closed strong aud excited at
Che following quotations: Registered, 1884, 1921 .
IloX; coupon, 1881, 11ox lloS; $40 coupon,
1862, Xix = l11H; $50 coupon 1864, l091 .
look; 20 coupon, 1866, losH 1929; do. do do,
January aud July, 10sH 1885,; do do, 1867 1851
1887; 1910 registered, lo21 1929 1910 coupon
1o2h 1921; August, 7-S0. l0sH 1885,; June 7-30,
io7x 1915; July 7-so, lo7K 1919; July COM
sounds. 1864, llsL lloh Angus, d., do. l1sX
IlsH; October do, do, ll7X 1lsK; December do,
o., ll7H Il7H; May do, 1855, lloI . ll6x;
August do, d. llSn llS.; September do, do, IFS
slISk; October do, do, IlAx lis.
me gold market dull and rather heavy 1t the
sQmmencement Of business. and sales were made ~ low
- 1885,; but subsequently became nrmer In tone and
advance 10 13sx took place The closing transactions
ct 1885, with very little spirit either the bull
bsar account II 10 noteworthy that the foreign bankers
ere large holders Of specie and that they appear 70 b
Getting In concert TO support the rates Of exchange at
esir present point There was . moderate borrowing
demand for coin. bat the supply than equal 70
= and loans were made without interest and at per
ssnt for carrying The ocial returns Of the imports
end exports Of gold and silver 1t the port for hs sx
months beginning with January last, show that We
ssrsd dimnution Of our stock during that time Of
es745s5a Thus We received from California, In
January, $24s2,3 $40; In February, 81, 10000; in
Aarch $l9l3 9s4; In April, 3lo2 1884, In May. S11ol.
sl and In June 81 1876, 25i making for the half year
total Of el32 o3 no. During the period We i'm
yertsd from foreign ports 81 $50 090 which, with thai
rscsvsd from California gave Us supply OF ga $40 500
Our exports 70 foreign ports, ON the other hand.
s.sunisd 70 s2;esl ISL in January, 70 s2l2AAel in
ysbruary 70 SOL l& in March, to 81 2ol 2s3 IN April
- in May, and TO 50, I2a 272 in juno, making
aggregate Of $24 5o5,col A. matter Of course
ao here made for the precious metals received
overland OF those taken out OF the country without
being entered In . ships manifest; but the figures
given suncieni TO show that have been losers
rather than gamers specie since tbs begnn ing Of
year. and this fact bearing pointediy, as does upon
supply aud demand, not without Influence in strength
saing the undertone Of the market for gold.
The foreign exchange market was very frm with
. moderately good demand for bills and most OF tho
transactions In bankers sterling al sixty days were a,
HOS; bankers bills on England at sixty days, were
quoted at ITO Vi NJ throe days 11ois All commercial
hlis ioox *; bills Paris at sixty days, bl3A q
Gi2x; at three days six 1lo Other Bills were
ussd thus