The New York herald., 1868-02-11

There has been active investment and moderate
speculative demand for government securities At the
of the leading Dealers with heaviest trans
actions in ten.forty bonds which sold the
high 105x The purchases of these understood
10 be mainly foreign account Al the last cali quo-
tations declined fraction in instances bus After
wards the market remained steady the close the
following prices Registered 1881 lIlx
iil1; coupoo, 1884, ll2H 1i2,s; S-2os registered,
1867, los los% sos, coupon 1852, 1il1l llls.
do 1864, los5s loe do, 1868 losx Ilo; do 1855,
January and July. l07s1 10s do, 1867 1917 1os.
l0.40s resstered l0l l0lh; loioe, coupon. l04x
loS; June 1905, 1875 lo7X: July 1905, lO7. .
1914: May compounds 1864, ll7H ll5.; August do,
1l6,s 1863; September do, ll6 Il8k; October do,
il5sx allG
A, the commencement Of business this morning the
stock market strong and active and at The early
session Of ,he open board prices Y per cent
higher than at the close Saturday New York Central
having advanced 10 13oa and Erie to 75H ~ the Grst
regular board Now York central lrm the advance
but prices generally showed slightly yielding tsndency
and on the second call Rock Island was weak. New
York Central closed az higher than al the time
Saturday, Erie X, Reading ], Michigan Souihsrn u.
Northwestern preferred ~ Milwaukee and ST. Paul pre-
fered y, Atlantic Nail ~. Rock isaad \ lower,
Fort Wayne Z. Government securities were nr,n
Sxes Of 1881 closed \, higher coupon 1vs-twensies OF
1862 X, issue Of 1854 *, q 1855 y, new
Issue u ls6s \, nsue Of 1867 u. cou.
pom ten-fortes u. Ssven thrtics, seeond Series
I. lowor. The express shayes were
moderately active at advance ofIH AZ. After the
board Rock Island suddenly declined 10 s7s under false
rumors 10 the effect that the Supreme Court had de-
cded to allow the in relation to the g. 200 900 of
stock be removed 70 the United States courts
and aso that the Iowa Legislature had taken
t.t~
sent directors OF hecompany fbs other railway shares
sympathired TO q limited extent with this unexpected
Decline but an upward reaction soon eSpcrl oncsd.
and at tho open hoard at O'Clock the speculative
feeling egan confident, aud Erie sold rs, Rock
Island al % i aud New York Central 130x srbss-
Quently tho reaction continued 90 make proercsA
and thero was more than unusual activity
10 tho ceaiigs IN the long room. AT tho
second regular board tbs market was strong
especially fot New York Central and Erie New York
Central closed higher than at the nrG regular board
Erie 4, North western preferred 4. Fort Wayne was
y lower, Atlantic Nail 4, Canton -. Government
securities wore barely steady except for ten.fortsa
Coupon nvo.twcnties OF 1866 closed lower issue
OF 1897 \, soven-thirtes. second seuss 4. Express
shares we're ~ q ix Iowm Az the open board At
hafpas three there further sdvancs la prces,
and Ere sold 76h. Now York Cptrul OF iaiH Mioni-
gan southern at 03H Rock Island at QS,s and North.
western common al ala Tho whole Of ,hs 'pu,s'' OF
tho istser stock ct sixty sold by Mr Henry Ksop
mnturcd To- day, and tho resumption Of aeuv'ty aud
buoyancy in u Immediately Afterwards took the street
somewhat By surprise. After the board saiss OF Ero
~sre made az high as 75ys, aud bucyssi speoua-
tive iseiog prevailed but slight reaction succs ded,
and a. the close al quarter 10 air The
market was nr,n N the sobjoass quotations: New
York Central, 1917 a13Ix; Erie ISA; Hudson River.
l4sx 14s<; Reading. ssk os,s; Michigan Southern,
OK o3 Cleveland and Pi,tsburs. sox 81; Cievo.
land and Toledo ll2k . 1l2,s; Rock Island, os's a
s,k; hcr,hwsssrs. COS o.; d. preferred. 75,i .