New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-07-08
OPS BOARD or STOCK BROKERs.
yIRST BOARD
SECOND BOARD.
Z n. q en-, -, luA .Eln IN GENITAL ---...
THURSDAY, July Up. NJ.

Gold opened at 254, and rose to 27I1 during
The morning The closing price is 27a. Stocks on the
ptreet were dull and some pressure TO sell for cash
Erie ll4i all4s; Reading. 1891 9l3sii Cleveland and
Pittsburgh, llla9ll2 At the Stock Exchange, Gov
ernment bonds were steady Registered 6s 1881 lo5i
8lo5i; Coupon Gs 1881, lO4l 0l04t; $50 Registered,
i050l05, $50 Coupon 105Ql05l; 1905 April. los
<al05 August 1906 Certificates lower. 94a94i. State
bonds dull; Tennessee 6s 57057; Missouri s. 69 d69i
Coal stocks steady; Delaware and Hudson, 242a243i
pennsylvania Coal 2l7; Quicksilver, 75id76; Cumber-
land Coal 66G66g Mariposa, 4eG4s,; Central Coal
~; American Coal sij Pacific Mail 266a27O; Atlantic
Mail, IVA; New.York Central 1874! al34l; Erie Rail.
way ll4i all4i Hudson River l330l33i; Harlem 93O;
Beading 1891 0l3st; Michigan Central, 1860 l36ti
Michigan Southern. e2ta92i; the Guaranteed, 1885,
illinois Central, 1901 0l3Osi Cleveland Pittsburgh,
all9lllii Northwestern, 5ia5li the Preferred
Maeei; Chicago and Rock Island, llli; Cleveland
aud Toledo. l35dl3s Chicago Darlington, and Quincy,
23lal3l Prairie du Chen. 67067 Fort Wayne, ll2i9
ilol Terre Hsute and Alton 5oa6Oi the Preferred rs
an; Chicago and Alton, s509o; Toledo and Wabash,
ssh Ohio and Mississippi Certificates 5l4 a5!. Stocks
heavy and lower under continued demand for Money
and decreasing disposition to make engagements for
Money until the policy Of the Treasury is
known. Government. Securities are steady at
quotations and there is no pressure 10 sell
n view Of new loans. Railway Mortgages are sold
sparngly and at full rates. FTstcloss securities are
scarce, and high prices do not draw them from the
hands Of investors. Railway Shares not in demand,
and under the steady withdrawal Of spectators for
advance from the street tend to lower rates. The Har
hem corner shows signs Of great weakness. The stock
was offered at go, without buyers. AT the Second
Board the market was lower and very heavy, and a
strong pressure observable to SELL The closing prices
were, American Gold, 273; New-York Central, 1891;
Erie, ia; Hudson, 1872; Reading, 1915 Michigan
Southern, 90; Illinois Central 100; Cleveland and Pitts
burgh, ma Toledo 1877 Rock Island, iii. Chicago
and North Western, SLIT Pittsburgh and Fort Wayne,
il2t; Cumberland, 65i.
= Freights are moderately active but rates are
heavy The engagements to Liverpool IS 900 bush
Wheat at 81 a4d in bulk and ships bags; 500 bush.
Corn at 4d and per neutral 80 600 bush Wheat at "a
ed 500 bbls. Flour at Isl 100 hhds. Tobacco at DDS
O. $50 tcs Lard at las. Cd. To London, per steamer,
1000 bush Wheat at Cd 100 ties. Beef at 4s and 100
kcs Gambler at 25s. To Glasgow 600 bush. Wheat
Of Cd, and 1000 boxes Cheese at 3Os To Rotterdam
$1,000 Slaves on private terms and 10000 feet Black
walnut at Sli To Antwerp-l000o bush. Wheat at
"a 5000 bags Coffee at OBS. cd, and 100 ties Lard at
T2s Cd. To Marseilles-s50 tcs Lard at 55f To Dor.
deaux-7oo tics. Lard. and 50 hhds. Tallow at 55f
The business of the SUBJ Treasury was: Re-
peipts S55 52i 47fer Customs, sos 600; Payments
o. s9s5l7 90; Balance, s2l,l25 l79 7s.
Money is still active at y cent on call, with
round commissions on stock loans Lenders are eau
sous and there is a disposition to contract loans &c
spectators IN produce at the current high lI3ees
There Ia gene raj belief that the Treasury Department
will soon be in the market for loan and that the banks
Of the leading commercial cities wiz be prompt In aid
ing Secretary Fessenden. There is nothing in th'
ananeal future Indicating the manufacture Of any
currency by the Government the State or Nationa
banks The latter under Efficient Government protec
tion, now represent $4,000 600 Of capital sum les
than that OF the banks Of New-York city. The system
Tor the future viii grow slowly. and the imitation o
currency, predicted and feared from that source
viii not be realized Should the Treasury return to I'll,
policy Of borrowing through the medium Of the banhs
holders Of produce prices based upon the idea that the
Treasury must continue 10 issue currency until porl
sold for sl0O per barrel in paper may suddenly discover
that they have made mistake. Where Mr. Chase got
one dollar from taxes his successor win get thIee thus
seducing his wants ass borrower Insteadof manufae
turing mioa Of dollars Of currency per day one mil
lion per day viii DO taken from the people in the form
taxes out Of existing money TO say nothing Of customs
duties. which VII nose tAaa Pay the annual in
iercst Of the national debt. There is no
proposition upon which financial authorities
are more unanimous than this. that the cur.
sency National and State. should be reduced steadily
and sharply and It's buying power he made greater to
she advantage Of ell sound business and Of the Govern.
snt the great eopspmsr Of tie urodVee and labor Of