The New York herald., 1868-04-28

Government securities were In active investment
and speculative demand all day, and further ad
vance OF u n per cent took place in prices. The
case In the money market Is stimulating purchases
by the national banks as well as the general public
and the Dealers and after the Treasury begins to dis
0urse the May interest on the public debt the de.
mand for reInvestment will absorb large amount
Of securities and strengthen the upward tendency OF
all classes OF United States bonds. II is not mprob-
able that the present upward movement will carry
prices much higher than is genereHf expected, the
margin for Else, In view OF all the conditions affect.
ing the market, being wide one. The holders OF the
registered fve-twentes OF lSo2 %. and 65 with May
and November coupons, can sign receipts for the
May interest at the SubTreasury, the regis
trati0n books being open At the close the
quotations were as ubjoined:-Rcgistered 1881,
l12X o 113S; coupon 1881, 1131S llS,<; 5.20's,
registered, 1882 1o4H 1861; 5-2o's, coupon, 1856,
H. 112E; do, 1854, 1l0k 1lo,s; do, 1896. 110k
q 11oK; do, 1866, January and July 1os5s 1os%
do, 1867. 1o9X lo9A; 1o-4o's, registered, 1925.
1o2k; lo-4o's, coupon, 1O2x 1O2I; June 1905 1914
107k; July 730's 107x 1918; May compounds,
1884, 1lsk; August do, ll7is; september do, III;
October do, 116Ik
At the commencement Of business the stock mar.
ket strong, and at the early session OF the open
board there was an excited demand for New York
Central under which the price to l2o while the
remaining rduW8y snareS were. nrul, out compare
lively quiet At the first regular board the market
continued strong, especially for New York Central.
The latter closed higher than at the same time on
Saturday, Erie IN, Reading IN, Michigan Southern
IL, Rock Island Y, Fort Wayne ~ Ohio and Missis-
sppi y, Pacific Mall e and Canton Company 4,
while Western Union Telegraph was x lower Gov.
ernment securities were strong at an advance OF
Y per cent. After the call New York Central ad.
vanced to 13o and the open board at one O'Clock
II sold at 100 130x while Erie took an upward
turn, sales being made at TAX a 72,s. Fort Wayne
also advanced to los. At the second regular
board the market was firm except for Rock
Island, and New York Central closed " higher than
at the first regular board, Eric L. Hudson River 2,
Cleveland and Pittsburg I, Cleveland and Toledo !,
Northwestern y, preferred H, Fort Wayne I, Canton
Company e and Western Union Telegraph Y: while
Rock Island was lower. Milwaukee and st. Paul
Y, Ohio and Mississippi and Pacific Mail u.
Government securities were firm at the previous ad.
vance, At the open board at half past three prices
were slightly lower and Erie sold at T2K; New York
Central 12e< 129l; Fort Wayne, 1o4t. lOsJS; Rock
Island, e3k Northwestern, 624 62k preferred, lax
a TAX, and Cleveland and Pitsburg, s2& s4 During
the remainder Of the afternoon the market was
steady, and at the close at Elk O'Clock
the quotations were as subjoiDed:-New York
Central, 1891 l2o; Erie, 72 a72,s; Hudson River,
1as o ls0; Reading, 81 si%; Michigan Southern, 90
asok; Cleveland and Pitisburg, s4 q SAN: Clevc-
land and Toledo, 1oe loes Rock Island s3X
o3X; Northwestern cav o2k; preferred, FAX 15;
Toledo and Wabash, 50 SAX; Pacific Mall e3K
s3x; Ohio and Mississippi al,s aih; Canton Com
pany, 4sl< 4ek; Atlantic Mall 81 q 34 Quicksilver,
9eX 81; Fort Wayne, 1oa io4,l; western Union
Telegraph, 81 SIX.
Another section Of twenty miles Of the Union Pacific
Railway has been completed, and the line now ex.
tends $50 miles west Of Omaha. According to the
estimates the road will be completed about 200 miles
beyond the Rocky Mountains before the close OF the
r year.
Tie foreign exchange market is dun and steady
u the decline established on Friday last, and bank.
srs' bills on England at sixty days are quoted at
i0eK llV; ct three daSs 1lok 1io%; commercial