The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-09-25

will be By the foregoing that the national bank
circulation nearly reached its maximum year ago and
in the meantime the legal tenders. including compound
interest notes, have been reduced to the extent Of
COS, 43S 652 the amount outstanding on september 4,
1866, having been $685., us, 1872 and September ],
1857, s456.677 ia To this excessive contraction
may attribute the largely reduced Of the banks
sn this city compared with those held by them al this
sme hist year.
The railway share market greatly excited at the
moncement OF business this morning, and prices
declined below tho closing quotations OF last evening"
Erie selling At 90. Al the early session OF the open
board. however tho pressure sell by i'm
proved demand but the market continued very active
and unsettled and not few Of the sales for cash
Erie sold at 591s 69S, New York Central 1861,
Michigan Southern rs ION, Cleveland and Pisburg
s75H, Rock Island 90, and Northwestern 3sA. AT
shc nrst regular board there q very heavy
volume of business transacted, aud prices were
without material change Cleveland aud Ptisbure
and Hudson River showed the heAviest decline
New York Central closed q. lower than the same
tme yesterday, Erie %, Hudson River AZ, Reading y,
Michigan Southern ~, Illinois Central ~, Cleveland
and Pit,sourg SIX, Cleveland and Toledo / y, Rock
Island 2, Northwestern IN, do. preferred ~, Fort
Wayne u, Toledo, Wabash and Western 3, Milwaukee
and 81 Paul Ia do preferred "A Ohio and Mississippi
certificates " Canton .. Western Union Telegraph ~.
Government securities rather active but barely
steady. Coupon nvetwentes OF 1867 u lower
ssues Of 1854 1865 and 1867 r. Tennessee sixes de-
I. rlinsd " aud the Issue H. Afterwards there was
relapse and Erie declined 70 $50, but q, the open
ksoard al O'Clock there good demand for
a ,cks, and prices advanced. Erie sold at 6ox 6eY,
~ York Central at 1859, Milwaukee and ~ Paul
Pre- fsrred 6lA and Northwestern 80 Seh
A Tho second regular board there further ad.
ven and diminished excitement, the volume Of usns-
sosi1 ns being rather light New York Central closed
ths Al a..fx
son River "a, Reading y, Michigan southern 1yS,
Gle, ~ aud and fhtsburg 2 Rock Island a. Northwestern
Az do. prsferrod1ss Fort Wayne n, Milwaukee and
~, Pa w' preferred " Pacific Mall ~, Atlantic Mail u,
Csn,on4 v, Western Union Telegraph Ia. Government
securuss neglected but steady In tone aud Eve.
AvsnticssG the new Issue OF 1895 advanced *,
a. ,nslshsifrsc, three open board The mako, WAS
STEADY Er sold al eoN COZ; New York Central,
look . leo, {; HudsOn River, I25.; Reading loi.:
N,chian Sou ihern, 'Ia s71N; Cleveland and Pitts.
burg r1KsTT%i Re sk Island, 100 1ooN; Northwest.
Urn, se,,; do. :prefen-d cis acs'4 Feu Wayne ioi
y ioiA: western, uniOu Telegraph, 500 sess. During
hhs resi- OF the sterno tho tendency Of prices was
somswhn droophis, AMI at SIX o'clock the following
AauoSatIons we're nuenitNew York Central, loox q
1osx9zers boJ. 60; Hudson River, l25 1873; Read
sag 1sfs ioIA; Michigan Southern, u Tx; Cleve
snd AID Pil.sburg, " TTsS Rock Island e9A 100
rcrswsyne l0oH SIooiS; Northwestern, 3ex sa9Ai |
: -
and Mississippi oeruhs atss 20; western Union Tole-
araph, 30 ssE.
Government securities lightly dealt IN at the
counters OF the leading dealers. aud the market |
closed dun at the subjoned quotations. Registered
nsl. iloA Ill; coupon. 1851, ll0H Ill; $40 |
Registered. 1884, 100 1924; 5.2os coupon IsD2 ia
iisH sos, coupon, ise4, lopk q loeT; 52oa eou.
pom. 1885, ITO nos S2os eoupou 1895 January and
July, Io7l los; Sos coupon, 1887 1914 los;
Io-4o's registered, osH eos 1o-4os coupon, eoY
ssx; Juus 1905, 1904 lO7; July sos 1907 1907;
October compounds, 1884 iles iI0.i December com.
younds 1884 iisx 1855; Nay compounds, 1895,
N7X 1i7h; August compounds. 1905 icy Iie,.:
Be MEMBER compounds 1885, iloAs li5ys; October
eon eouads, 1855, 10Y lieh.
Tho foreign exchange market Was dun Bsnsers
bins on England Of sixty days were quoted al 1907
loox; AZ three days, 1924 no. commercial bile,
losn Ioy a bills Paris al sisiy days. 6lok 5lsh;
>, three days, sisasisx
The rsccsS ~ fee''ss sne The ireeipt,, pay ~sp"