The New York herald., 1868-03-01


ACincinnati journal Of Tuesday remarks that the
money market there is becom ng moro active under an
increased demand for loans and enlarged remtauces
currency to interior points-'The increased demand
Tor monay arises from mere activity 10 speculation in
merchandise and the purchase OF goods for the
spring trade Aside from the course Of trade po-
lidcai Affairs exercise disturbing influence the
oney marketnot that there any tangible reason for
solicitude, but capital 10 proverby sensitive and In
eines OF unusual excitement is held idle uati tho
rstarnA The discount houses conhnng their opera
Hsns strictly TO their deposors and rates Of
interest very nrm at 10 per rst class
paper The market for exchange u heavier; but this
arises as much from the scarcity Of currency from
sauoase IN the supply" As tho money market At this
centre At present very sensitive to outward drain
Of currency the Western aud southern exchanges are
watched with more than usual interest
Government securities EXPERIENCED Q further decline
under pressure to sell from outside holders assisted
By Of the dealers In street. who anxious 10
Toad up at lower figures preparatory to fresh bull
nevemont Towards the close prices recovered frac-
os while steady feeling prevailed and the latest quo
atioos on the street Registered 1884,
HOY . 11ox; coupon. 1881, lloH 110%; 5-2o's,
rsgistersd 1852. l0ok lo7; 5-2o's, coupon, 1867,
losX ioh; DO, 1894 l07H . l07x; do, 1855,
1oSk l0sk; do, 1866, January and July, 1857 .
1osK; do, 1857 1861 Q 107; l0-40's, registered,
1oOx 101; 1o40s, coupon, 1o4k . 104k; June
1.ae'A 1o5x . 1851; July 1905, 1867 q 1857;
May compounds, 1854, ll7h 49, August do. 116h
III; September DO, lle 11eh; October do, 115A
Q Ilez.
At the commencement Of business the stock market
was dull and steady and at the early OF the open
beard Eric sold at ssH and New York Central at 129.
Atthe nrst regular board the vs,ume Of business
tgh and there were only fractional changes pricea
Erie closed higher than at the time yesterday,
New York Central Y, Michigan Central y, Cleveland
and Toledo x, Fert Wayne " Milwaukee and s.. Paul
Il. Pacific Eail was lower, Canton 1H, Western
Onion n. North Carolina SKIES advanced per cent,
Missouri skies y. Government securities y lower.
Mr.. Charles P. Williams, with Msssrs. A D. williams 4
Co., has been elected member Of the regular board.
Al tho open board at O'Clock Erie sold at t6sK 6sh,
Northwestern At 61X ana New York Central at 129I.
At she second regular board the market was dropping
excspt for New York Central, which was higher than
at Tie Arst regular board Erie vas x lower, Fort
Wayne X, western Union u, Missouri sizes y, Ohio
and Mississippi y. Pacific hail weak at decline
& three per cent After The eall Erie sold at o7x. A.
the open board at past three the market dull but
steady o. the decline Northwestern common however,
advanced 70 o2K e2X. Erie SOLD at e7x o7yI; Now
York Central, 129k . 12oK; Cleveland and Fttsburg,
e9x; Cleveland and Toledo. lo7K; Rock Island, o8A
Fort Wayne, 1o0k. During the remainder Of the after
noon the market weak, especially fer Erie and at
the Close a few minutes before six o'clock, the fol-
lowing quotations were currsnt:-Nsw York Central
.12ss< 12o; Erie, eoss . 6o,l; Reading, o3x o s3H
Michigan Southern 90; Illinois Central l3sZ; Clevs
land and Pittsburg e3x Northwestern preferred 70 ;
rors Wayne. 100; Pacific Mall, 1lox Ohio and MIsss-
ssippi, 3ox.
The foreign exchange market inactive but nomi-
oaliy steady, at the subjoaed quotations -Bankers
bills on England At sixty days, looE; At three days.
HOY 1lok; commercial bills los,l loox. Bills on
Paris Il sixty days, SICK a614,. On Bsrln-Banksrs ,
.s1X . 72 commercial, TH 7lh. On Bremen
Bankers, 70 7ol; commercial. 1914 7ss<. On Frank
sfort-Banksrs', 4ox II; commercial, 4ox a4ok On
stsrdam-Banksrs', n AZ; commercial, 4o1 a
AoX. On Hamburg-Bankers', 90 SEX; commercial
sssk . 3sH. On Antwsrp-Banksrs, 610k q b.ls;
commercial, 6lsk 6.17H.
further increase Of eighteen millions or francs In the
suion In the Bank OF France reported for the week
.sadinG the 21th inst, and tho total now In
its vaults exeseds forty millions OF pounds sterling
while the amount Of coin ana bullion In the Bank OF
England on the 18TH inst was E21, coz 900. We have
here nearly sixty-six millions Of pounds sterling
oanks and still the glut Of capital goes increasing.
and It is the In proportion all the continent
The demand for loans and discounts Is tho same time
decreasing although for long time pas. has been
very restricted SCALE which accounts for the Bank s
xnsaud rate OF discount being two per cont, while
money IA loaned In the open market on consols and
ether nrst class securities at y I1 per cont
Maing shares continue duh, and a. the 0rst board
Montana SOLD as soc New York GoId osc.: Quartz Hii
q 10. smith Prmslss. "a ,oi Edgshill 20 80