New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-04-08
FRIDAY, April 7-P. n.

FEIDAY. April 7-f. NJ
Gold opened at 1891 ard fell to li7i, and closed
OF 1881 There is disposition TO buy for another
advance ami the greater part Of the strength OF the
market derived from purchases to cover the large
short interest
Government stocks continue strong at full prices,
and are steadily passing into the hands OF investing
parties There is a small amount only aaoat and
no large orders could DO filed at the outside prices.
Railway mortgages arc held higher. Railway
shares arc very irregular, and the market quite as
excited as at any time during the Rebellion. Large
advances arc shown in o few hours, followed By
sharp reactions upon sales 20 realize profits. Each
downward turn Ia improved 10 replace stocks BY 70
cent sellers and an increasing circle Of new specu-
lators for an advance. So far as Railroads con-
cerned. the public has come TO tho conclusion that
upder no circumstances can their earnings
rccedc to points where their income will not
equal seven per cent. and may in numerous cases
very largely exceed il. Unlike flour, pork, sugar,
&C., Railroads cannot DO damagedby tho produc-
ton OF new supplies. Al Some price Accommodates
must pass soon into consumption, supplying an
excess of traffic TO existing roads at high rates Of
profit II is upon. tins argument that speculators
are ready TO buy railway shares. At the Second
Board the extreme street pr were not maintained
After the call the market was strong, and the dis
position to buy was unabated. Erie, Old Southern,
Fort Wayne, Northwestern Preferred, and Read'
ing, were the leading fayorites.
Money is very abundant, and lenders are obliged
to accept lower rates have their money left over
Call loans arc quoted sac, and in few cases some
business is done per cent. In commercial paper
no change.
Exchange is more active. Bankers sterling 60
dsys, 100 3-l6a 1904; Bankers sterling, days,
llOI; Merchants, io'i0lOss; Francs, 90 days,
SIS; Francs, 3 days, $40.
Tho business of the Sub-Tressuy was: Receipts,
g., 995, sl9 3p-for Customs, $4,000; Payments,
4, 92l. 800 29-On account Of Loan, $69, 600, Bal
ancc, 81, 52l ,53S 80.
Frcights arc still very dull. The engagements to
Liverpool arc 30 tuns Logwood at Isl :" 'uhs
Bark at Is Cd, and per steamer, ~ boxes Bacon al
6s. Sd. The schooner Argo was chartered to Brazh
with general cargo on private terms
Tho First National Bank sold $500, 900 of7.30s
to-day.
Tho North. Western road earned in March.
IsGi 355 1865. 80. .e5W,"N
Increase. .$ilo1o
The earnings for ten months have been'
1ss3........ o. tx. 6l4 1894 .ss77216o
Increase. .......... u euN9
An increase Of 81 per cent
In January, 1864, the mansyers estimated She
Earnings for the year at..............Sa3s.SH
Actual In 10 months. h7Ia'oe
Incresss thus fas, on estimate. .sA
m earnings Of the first year OF consolidation
VI, Ia probably q follows
Tan - &, sAtual. .......-........ .oS
Two n1uiSs Wa'imsted) ....'...'''''''''. I.N..o..
No. M % e<5. l40
IoeA ......> '..t .rnc:sl. .,,..., 2TROcS
Yielding nets60 PEE oens sAoo~'''' inx;io
Interest on Bt,ds. ...:;;,..ySS'''e tSvS
Ten p "s ~ rria m .29ac-a7>e o6j
TIA p,,ss,,,S Ga. \ Of q, 40, 500 10 Is sure Of
Uyideads Of PEI eest WY s@aa" WV S' NV