The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-07-25
stocks during tho past month 4

Rock Island. .........,.... so1 1925 ~
northwestern ............. 351 AK IL
Fort Wayne. .............. es,S 1919 61s
western Union Telegraph. AK Asa 8
The duness OF mercantile business throughout the
country is for the time being fayorabe TO speculation in
Wall street. although sec rejected in the earnings
OF the railways because 1t is Conducive to the sagna-
ton OF capital at this centre Tho spectators how
ever look forward 10 largely increased earnings in con-
sequence Of an abundant harvest and the impulse
which the the latter will impart to trade They also
feel confidence in the preservation OF our monetary
equanmity owing tho enforced suspensions Of cur
rency contraction for an indefinite period 10 come
Moreover, with the revival of trade and the harvesting
OF the crops they look forward to demand for stocks
}rom the public at high prices when If not sooner they
hope to sell out at good round profit and their motto
will be, after US the deugc."
There Ia change note in the condition OF none
tary affairs. Loans made freely to stock houses at
1--WE per cent, and On government securities in large
amounts at four. Tho exceptional transactions at six
Der cent continue to be for small amounts only or on
tme There Is no perceptble increase OF business In
The discount line. The supply Of prime commercial
paper Offering is very limited, and this passes at
Per cent
At the early session of the orea board railway shares
-,..r-r, 10" New York centre,
saa r apa w Tav =, regular
board the market was generally rniens IN TO" in.
stances prices declined New York Central closed u
higher than at tho same time yesterssy Erie l. Michi-
gan Southern Northwestern H. d. pre,e..ed u, Fort
Wayne TX Toledo Wabash aud Western Ia. Ohio ma
Mississippi certificates u, Pacific Mail ~ Atlantic Mail
q. Hudson River was 4 lower, Reading ", Cleveland
and Pit,sburg x, Rock Island ~ Canton 4, Western
Union Telegraph a.
After tho call demand suddenly sprung up for Fort
Wayne, under which tho price advanced in few mo-
ments from los to 10Sx, owing to the shors taking
alarm. The advance not fully sustained, however,
the price having quickly reacted TO 108G At the
o'clock open board the market was strong a. further
ight advance Eric selling a, 1874 AT the second rsgu
aar board there was buoyant speculative feeling and
prices were still In the ASCENDANT New York Central
CLOSED higher than at the frat regular board Eric r.
Reading x, Michigan Southern y. Cleveland and
Pittsburg Il, Rock Island y, Northwestern u, do.
preferred u, Fort Wayne 1aS, Toledo, Wabash and
Western u, Western Union Telegraph q. Michigan
Central was Y lower, Cleveland and Toledo a. Ohio
and Mississippi certificates u. Cumberland Coal x.
4 Al the hafpast three. open board tho market OK.
spefenced fractional decline Erie sold at 1917 "a;
Reading, 1o7x; Michigan Southern, ssh; Rock Island,
1925 Cleveland and Pttsburg 92X; Northwestern, Al
q AK; do preferred 70 u; Fort Wayne, 1857 IS;
western Union Telegraph, 4s7s 40. Subsequently the
demand for Erie. At six o'clock II closed firm at the
following quotations New York Central l1oK AZ;
Erie. AKA y; Reading, lo71l los; Michigan South
srn, ssX *; Cleveland and Pttsburg, o2I %; Rock
Island loSk NJ Fort Wayne. 1861 100; Northwest
srn AK "; do. preferred, 73k u; Western Union
Telegraph, 4sT 49 Ohio and Mississippi certificates,
2eX I'll Cumberland Coal SO u; Quicksilver a4a
. IS; Pacific Mall, las q; Mariposa preferred, %
Rsx.
There was diminished amount Of BUSH transacted
a the counters Of the dealers IN securities
and at the close the market was steady at the following
quotations: Registered 1881, l1oh n; coupon 1881,
HOY Y; hve-twenty registered, 1862 100 y; FIVE.
twsnty coupon, 1852 l1li x; dvstwenty coupon,
1894, 1oo,s "; nvetwsnty coupon, 1855, 1926 y;
dvetwenty coupon, 1885. January and July, 1855 VI
Avetwenty coupon, 1857, 1851 ~; tsnforty regis
tered, lo2 vi tenfory coupon. 1914 u; gold 1898
4; August, seventhrty, 1os y; June, seven-thrty
1o7k q; July. ssvon.thr,y, 1o7a< -; August COM
pounds 1884, 1ls III October compounds, 1884 l1saI;
December compounds, 1894, INK ~; May COM
pounds, 1895. 1leS q; August compounds, 1885,
iI5X q; September compounds, 1866, 1l5h y; DC.
tober compounds, 1895, ll4xsX.
Tho gold market was barely steady IN tone and after
opening ct 13ox It closed 13ol. tho two quotations
Indicating the extreme range OF the day. There is
diminished floating supply OF CON- and hence The rates
FOR loans now favor the lender The transactions were
without interest," and 1-64 1-3s per cent per diem
and per cent per annum for borrowing. The gross
cearancss amounted TO only $40 oo0 and the gold
balances 10 ei5520 eL The steamer Scotia took out
el,76515l In specie Tho glut Of gold in Europe
the Bank OF England alone having ga Sal 23l ster
Therapeutics against heavy remlttances Of specie,
and IL IL generally believed that the Assistant
Treasurer in this city has instructions to sell gold at or
above no. Hence there little disposition to speculate
Tor rise the premium at present, but there Is an
enlarged demand for customs duties, and this, combined
with tina. for export, safcss to give nrmness to tho
market.
There was very limited demand for bills in tho
foreign exchange Market but rates nominaily as
ssbjoned: -Bsnkers bills on England, M sixty days.
lioH ~; Of three days, lloH . ~; commercial
bills, 1ooSa T; bills Paris, AZ sixty days, 613x
SHY; o. three days, 5.1lk 510x.
Ccnsos and American securities were quoted thus in
London on the subjoiued dates
c.. ' ~ Js aY JMy2.;
United States 5-2os...... !3L 72I TAX
Erie. ao& ~ 46X
Illinois Central .......... sos sos 76x fox d. J
Tbs market for mining shares remains neglected
Al the rst board Consolidated Gregory Cold closed isc
higher than At the same time yesterday, selling at
% ss. Quarts Hin was i5c lover. selling at ~ Now
York Sold sold ct 81 os COrydon 81 20 ID. 81 Smith
q Parmies t5I
Tho receipts for customs and the receipts, payments
and balsnoos al the sab-Treasury IN this city for the
expired portion OF the week have been a. follows:--
Ctaors House >---Ssb -TrsasWy--~