New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-05-06
So NJ. So. 4 Nj. @. s..~l33s
TnunspAY. MaY -. u.
Goll sold Steadily at l7IQIz7I during busl.

Gold sold steadily at l774Q l774 during bust
mess hours and closed at lI. The proposition to issue
.gold notes il payment OF interest lue upon tic loan
81 lssl the 1905. and upon the 5-20s in November
meets a cool reception. If Congress would pass law
allowing any coupons payable in gold 70 be used at the
Custom House for duties at any time within sixty
DAYS OF its maturity, new value would he givoH
20 all classes of tie national debt The receipts
fIom the tariff solemnly pledged for the
payment Of these coupons, and collectors Of Gus
toms may be safely uod to receive them as gold a'
Ary other department OF The Treasury can be trusted TO
pay them upon given days. The goldnote plan IL a
clumsy substitute for this Plan, and Can safely be aban.
ooned for it, Anticipating interest in tie folm pro
posed has nothing 70 be said against it, except that 1t
has never been done" aud would DO giving unusual
facilities to those who hold the nationa sccurt 3.
Government Stocks are cheaper; Gs OF 1891, Regis.
tered, ll39l3;; Coupons 1875 dll3; April z5O Notes,
l09; 52Os Registered. 1Oja iO5i Michigan Gs, y
as; Tennessee Is, So Q59; Georgia Gs. ga co.
North Carolina Cs 554eO; Missouri g. 70170ti Can
ton Company, 35135l Delaware and Hudson a 23J;
Central Coal 90 asked Cumberland Coal, 6l6tlI;
American Coal, 9Oa95i Quicksilver, GG06cl Pacific
Mail 224 225; Central Transit Company l00 81 New
York Central. l3l,cl3il; Erie Railway, 40. l0i;
Erie Railway Preferred, 1907 Ia l07i Hudson River. 1891
el3i; Harlem Pc 0229. Stocks have been Gull all day
and quite irregular Spectators are waiting news
from tie army in Virginia and until the result Of the
pending battle is known there will be no temptation
20 move with energy in either direction. The
market has been largely oyerso and Stoke harder
70 borrow than Money al per cent, Is tie scarcity
confined 70 q few descriptions Tic damage caused By
the recent panic has been repaired 10 large extent.
There are stocks pressed for sale no cquo paying
xrunfv ~ cfious N fs,ee md
The clements q speculation in condition where at
any moment new and strong upward movement may
b. commenced with success. Everything which could
break down tie market lAs been done, and to-day 8
quotations are about Owwstor mark in the absence Of
striking military disaster. The closing prices were:
New.YOrk Central 1914; Ere. ll0g; Hudson River,
1874 Reading. 1921; Michigan Central, 1871 Michigan
Soutbera, SGT; do Guaranteed. 1874; Illinois Central
1885; Cleveland and Pittsburgh lo7! Toledo, 1863;
Rock Island l07s Fort Wayne and Chicago l07;; NH
Esukoe and Prairie du Chen. q; Cumberland, g,
Quicksilver Mining Co.. 65i.
Freights are still very dull and depressed,
though rates unchanged. TO Liverpoothe engage.
ments 100 boxes Bacon at 5s per neutral flag 100
Lard. at les. Cd; 20 ds. at 1851 20 bids Tallow.
o. 30 TINS heavy goods at l2s Cd. and per steamer,
100 bales Cotton at id goo boxes Bacon, at l5. and
90 ses Lard az .5s 10 London II tics. Beef at IS.
Cd per steamer 10 tcs. Lard, ut 25si 5ohhds. Tobac
L. <5s To Bristol, 100 ties. Lard, per neutral at
2os. To Glasgow per .teamer 1900 bushels Wheat. at
Sd. To Rotterdam, 1000 bbls Flour, at 2s. Sd. In
Charters only learn Of neutral vessel with l2Oo
bo's. Petroleum to Antwerp. at s. 3D. per Dbl
Money is abundant on all at " cent, and
ct this rate very large amounts lave been refused by
leading borrowers WHO express Heir inability to use
funds at any price, Prime CONNER val paper soils at
G97 y cent.
The First National Bank cold 1921 300 OF
'<ct today There is bIisk demand for WAL suns