New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-07-20

IkOufhpyu
0l34, Illinois Central, l24ni24t; oeFe'snd ssd f,s1
BUNCH Io1,a,os, North. Western. sOi05l, do. Pre-
frred ssas6.; Cleveland and Toledo. la. 9lsji; Rock
Island 1oai loe, Burlington and Quincy, lpedl2s3i
Prairie d. Chen Ga, For! Wayne. l3.dil3iI Terre
Hou,o and Alton. Oa6o, do. Preferred. 9Ha75i Toledo
and Wabash. Da6O. The Stock market continues
20 .hox u, same snuess aud gradual bearing down Of
nrees noticed for several days. BY great e1ertons
sn.sms NJ rnne.s are engineered TO be succeeded by
nsdon T. n aud increased duIlness. Government seco'
,i,ies vero unost In demand. tho registered saies
omornt,u To eos7 800 Certificates were lower, closing
oata, Paivey bonds we're steady, and III moro de-
mani Pacific and Atlantic lfal Companies were both
IN reoS-st At full prices The entire business In miscei
lannon's stocks ives shares az recedng rates Inc
circle OF operators for advance steadily dccre"es
and nader the continued pressure for money brokers are
not Inclined 10 buy unless for ssshA At the SECOND
BOARD prices we're lower upon tho general list. Inc
closing prices werei American Gold 2o2s Se"-fork
Central 1921; Erie 1904; Hudson River i"6s' Reading
l3oy. Michigan Southern e2,; Illinois Central Scrip
1914 Cleveland and Pittsburgh, lo7i Rock 1sand, 1906
Fort Wayne. ll2i.
Freights are more active. The engagements
20 Liverpool are 1900 bbls Tcar, At Is. Sd 10000
bushels Wheat, At 4tGJd. In balk aud ships bags 30
tuns on Cake at is. 20 bids. Tobacco, at 2Os and
per ueGira 200 Lard at 2s and 50 bids Tobacco.
at 32s Cd To London 5000 bbls Flour vt o. 3D.. and
per- neutral 40 tuns Sailed Hides at % To Glasgow,
COO bushels Corn st 3D. and per steamer, 27co bzs
Cheese at Co.. 200 teus OIL at 40s 80 tcs Lard and
80 bhds Tobacco nj 49, An Italian bnrk with II GOO
bush Wheat chartered to sdirect port In Great
Britain at a. ca. The carrying rates are IA follows;
To London, Wheat 6.dd7d. p bush. and IS. q s. Cd.
q Or; Corn Cd d6id = bush.; Flour 2s. vi. as. Oh.
y Dbl .Hnd Heavy Goods 20s. G25s. y tun To Liver
pool Wheat lid. dsd. T. bush, 5e. as sd q Dr.;
Corn lid I'd y bush. Flour. Is ID ale, vi. Y Dbl.
and Heavy Goods l2s. Cd. e2Os. y iun 70 Glasgow,
Wheat Q. q I'd. y bush. and a. Gil. ass. or Corn.
Cd a6id v bush. Flour 2s as. ~ Dbl. and Heavy
Goods 2Os. 22s Cd. y tun. To Bristol. WheatG.d add
y bush Corn Cd. d6sd e bush. Flour. % d. 3D..
bb. aud Heavy Goods 22s e21s. Cd v tun. Cork and
market. W heat. SEA- sd. ass. Cd y ar.
The business Of the SubTreasury was: Re.
seipts s4i69s2 47--for Customs. 1900 payments.
sI.7<2 79l III Balance. sls9e2,5f7 o5.
The demand for legal-tenders is still met re-
oetaIty and in view OF sn early loan by Mr.. Fessen
den there is q disposition 10 hoard them by way Of
preparation The price Of long y cent bonds gives
the Trvasury Department the Information it requires as
TO the best mode OF obtaining money The suggestion
that when the next loan Is offered minimum rate
VIII be fixed did not It IS 70 be hop J. emanate from
The Secretary OF the Treasury The reccnt experience
Of The Department forbds such policy. The Govern
meut has two open: II must Guy money In open
market at the best atee 1t Gan e., upon long bonds VI
resort 70 currency In some form. The former course
insures active money na kct at high prices rodue'
lion IN the price of all commodities. and repression Of
spoculation-eash and al desirable. II currency is
ssed evils under which the Treasury labors s be
aggravated spectators vii obtain what they
want al easy money market, and a period
Of gambling IN commodities nnd stocks b. inaagur
stcd The interests Of the country do not call for
easy money market. but sDch state Of Affairs Is
Win enforce prudence upon the people aud bring them
a. rallze the magnitude " tho financial wants Of the
Treasury. This bat be done by Offering the bal.
Of tho loan Of issl 10 b. pld or IN q reasonably
short time and accepting such offers may I've made
The first mone- obtained by the Adininistre
ton by selling bonds OF Discount and tho whole Of the
$40 loen well sold az par In lcul tenders II will be
a. squaily good now W get par e.. any IN per cent
bonds the Treasury has 10 oTef. aud Abe sooner
this plan Is tr!od the better. 1t Is
now stated Officially" that Mr.. Fosssnden vii at
offer 100 currency notes maturing in three years
for sale NJ par tho notes not 10 b. legal tender tho In
tere.t payable semlnnua!ly. AID convertible into
$40 gold bearing y cent bond al The option Of tie
holder at maturity. No gold. bearing hoHds AZ q cent
viii be offered Of present. The Government, BY it,
stops tie ifsuo Of goid.bearing debt and
reduces tle OF gold. Tho 7.J0s win give the Treas
ury good deal OF money and ofcctually prevent any
thing lko cheap and easy money The end y mere
currency IL FOR the present and II IS TO he hoped
forever The following shows the aggregate National
debt CONF Ard with the official statement dated June
II, letii
Debt bearing interest In coin ss6 ji9 VI ss10 sl ~
Deb. bearing interest IN law $1,000, .....,,..
fui money. .............,. FolJ',OiV Al 5DlvAt1 -
Deb winch inicfes, las
erased. S0lo % Slutln ~
Debt besrHs so 1883 n ,olsJiot ~
To,4l.............sI7s stao SO ,. sI.7is,z5IoS IS
n seasc. ................ sIJ,bb.,tOo 70
The increase during tho - days ending July ~ has
been s75 63i 100 at the Of e.. go O0O y day.
Money has been active at t. cent, with com ]
missions in various forms Stock houses borrowers
TO moderate amount at present but their reduced
" ants are met with difficulty.
Nathaniel Marsh, esq, President Of the Erie
Railway Company died suddenly on Monday night at
his residence Staten Island For upward Of twenty
years. Secretary and President he has rendered such
service "a only be performed by an honest man,
thoroughly educated In LIS calling. To unobtrusyo
manners united fTnness Of purpose. ond in.
tegrity which secured The confidence Of all with whom
be came in contact. whether friend employee |
the pnblic representative Of the corporation which
his h'o has been fully devoted Dying in harness
utterly in the duties Of bis trust he leaves
thnt best u legaciosthe reputation Of honest truth
tul man.
The earnings Of the Chicago and North |
Western Railway Company follows.
For the month Of june l964