The New York herald., 1868-03-22

On the Stock Exchange there was very little anina-
ti0n, but Erie was the most actively dealt In OF the
railway shares and it was held steady by the bull
party. The further hearing OF the argument for and
against the Erie Railway bill was adjourned till
Tuesday next by the Assembly Committee, and its
fate is matter OF great interest to the operators In
the stock. The general impression Is that it will
pass either In its present form or with some amend
ments which will not interfere with its main pro-
visions or prevent the opening Of the broad gauge
route to Chicago by way Of Akron and Toledo. 1t Is
to the public interest as weu as to the advantage
OF the Erie stockholders that this competing line
to the commercial centre Of the West should he
opened. The Vanderbilt party will of course oppose
1t by all the means In their power, because their
object is monopoly, but the interests Of the public
are to be studied before those Of the managers OF the
New York Central, the Hudson River and the Har.
lem Railway Companies.
Government securities have been dun and owing
in part to the storm the business transacted
the counters Of the leading dealers was very light
Nevertheless the market was strong at slight ad-
vance during the forenoon, although o fractional
reaction was afterwards experienced In the prices
bid, but holders made no recession. The Sub Trea-
surer was not buyer Of seventhrty notes. because,
1t is supposed. Of his being unwilling to pay more
than 100 for them but II the Treasury is TO buy them
It must do so at the market price, At the close the
market was steady at the following quotations.
Registered, 1881, Ill 1llh coupon, 1884, Ill III
520's, registered, 1862 1861 1074; 520s, coupon,
1862 1loK l1o's; do, 1S64, 1os l0s&; do, 1866,
1854 1oS,s; do, 1855, January and July, 1915
107,s; do 1867, 107< 1918; 1040s, registered, 1O1
1olA; 104O's coupon, 1Ol 1O1s; June 7.aOs, 1861
a 10e7s; July laos, 1865 a 1865; May compounds,
1884, lis; August do, III; September do, 116Js; 0c
tober do, 1l6.
At the commencement OF business the stock
market was dull but steady and at the early session
OF the open board Erie sold at 7lH a 71,s and New
York Central at l22Z. At the first regular board the
volume ofbusiness was light, and while Erie and New
York Central were slightly higher Michigan South
ern was weak. New York Central closed u higher
than at the same time yesterday, Erie r. Reading 4,
Northwestern preferred 4, Milwaukee and st. Paul
/, Milwaukee and St. Paul preferred Il, Ohio and
Mississippi u, Pacific Mail q, Atlantic Mail u, Can
ton Company Is, Western Union Telegraph u, while
Hudson River was u lower, Michigan Southern 4
and Fort Wayne e. Government securities were
strong but dull at advance Of IA Y. North Caro-
lima skies were lower. After the call Erie ad-
vanced to 72k but at the open board at one O'Clock
II sold at 71s Tx and New York Central at 123l,
while Michigan Southern declined to SIX. At the Sec
ond regular board the market was inactive, and New
York Central closed u lower than at the FIRST regular
board, Erie y, Reading Y, Michigan Southern 4,
Pacific Mail u, Canton Y, while Fort Wayne was 4
higher and Milwaukee and st. Paul ". North
Carolina skies were TX higher. At the open board
at halfpast three Erie sold at 71x; New York Gen.
tral, 12sK; Michigan Southern, s7K, and western
Union Telegraph, 34k. During the remainder Of the
afternoon the market remained dull and steady and
at the close at six O'Clock the following quotations
were current:-New York Central, 1924 . 123,s;
Erie, 71H 71x; Reading, olk Q s1K; Michigan
Southern, s7H s1h; Cleveland and Pittsburg, COX
ok; Rock Island, s3x ssX; Northwestern pre-
ferred TAX TAX; Pacific Mail, 1oox 1lo; western
Union Telegraph, 34x 84K; Fort Wayne, 1o2K.
The extreme range Of the market for the leading
speculative shares In 1seo and 1867 respectively
follawa-