, 1865-05-12

weak. At the first Board. sales were made ut ia74
l1ss, hut ut the second Board, 1t advanced to
1s!i91314. On the street the market opened at
1s7. and closed at 130. Silver WAS dull at l5@fs0
> Government bonds were 1@IsS per cent lower
in New York today. We quote the market here
a. follows:
Buying. Selling.
EiVe.TWenties. ....................-.1A lU5
lcn-toFt!e3.. Us IS
:. On tho Stock Board Ffn-Fersies were sold at o.
This decline In Governments today Is asttibu.
ted in mo1etmy circles, to the greater attraction
Of the Seveu-lhitty Loan; but 1t ia also probable
that large amount of Five-Twenty bonds have
h.en thrown on the m.rket by stock operators
wlo have sent orders to buy them in Oh the other
sde Of The Atlantic, as the recent f'1 in Sterling
Exchange may enable them to do with profit
TIE Seven Thirty Loan continued to absorb unl-
Fcrs.1 attention in nnancinl circles. Yesterday
the subscriptions to Jay Cooke & Co. amounted to
upwards Of seventeen millions Of doll1rs. The
subscriptions today at the Second National Bank
Of this city alone amounted 10 the handsome sum
Of <645,t00. Yesterday the subscription Of tha
The tsmc Institution was $s7oco md the day pre-
vious to SsB0, ,0-maA1ng total Of g., 20, 600 iu
three Gays. This bank does the heaviest business
10 Government Securities Of any. Institution west
Of New forE cir. The other agencies in the city
are naso doing an unusually largo business, and
heavy orders are dsily coming in from all parts Of
the West. Such lavl.h confidence In tic Govern
nent muEt asto1Ish the monarchs Of tho Old
World.
] Cook County Scrip today vas quiez, with sale
Of 1000 On the Stock Boafd al SOL Oa the street.
however, fales were made in emall way ut 94
@ei1.
;-Those p :1itieal economists at the East who
kept worrying the Secretary Of the Treasury to
keep gold from falling, On tho ground that high
premium Was necessary In order to "loat" Gov
erune1t securities, fnd now that the lower gold
falls the faster Seven-Thirt7 bonds sell.
Discounts in New York are dull at 4@5 psr
cent, and the best commercial paper is taken at
eG8 per Cent. --------.....sr-- ~
The salcs Of Eastern exchange in Cincinnati
for week past have been larger than at any pre-
rious Ee11od in the history Of the city. g.
-Our commercial exchanges continue to agitate
the inquiry "a to the probsblo amount Of cotton
TOW in the south. The matter IL Of absorbing IN
terest. The New York Herald attempts some
what elaborate calculation by WbiQb breaches tho
satisfactory conclusion that the South etilI has
aco4,c Geo bales ON hand. II this be true, and the
blockade Is coon abolished, foreign trade with the
Sonth must quickly revive rs the aggregate is H.
lite1y above the North's ueass " consumption.
1t ia stated In New York ttst the Comptroller |
OF the Currency has decided ;ot to approve OF any
trereasc Of the capital Of the Natona' Banka until
atsef thelst OF July NJ xt,
amendment tskce effect. al the rate that some |
banks are increasing the three hundred millions |
Of circulation authorized by the act Of CongrrHs
would q absorbed before the ysslons State: and |
Territories cou1d have anything like fir appor
t0Imens. - |
i Petroleum stocks in Pittsburgh, yesterday,
were insctivc. Sales were at the following quo.a-
tons: Banner, 31.so; Ritchie, .s1oo; Cherry Bur,
sc.
! Petroleum etocks IN nPhiiadelphia vers sold
ON the ath at tie following quotations; .