New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-07-28
shares were much excited and upon the street be-

Rock Island, 100. At these quotations there wa
general disposition to realize, and prices steadily
recedsd until the second meeting of the Stock TX
change. Erie touches IS, under report that .n'
company was selling its stock which is an inventor
of the bears The price soon rallied 10 ~ an'
closed at 96i The stock is scarce for delivery an'
the bears not out of the woods yet. At the Second
Board the market was irregular and generally 10 We
lint in the street after the CALL prices improved an'
the market closed strong The closing prices were
N. Y. Central, s5I; Erie, 96i, Hudson, i'o1
Reading, 1851; Michigan Central, los; Michigan
Southern, 67i; Cleveland and Pittsburg, "a; hocl
Island, 1881; Fort Wayne, 9.
Money on call is offered freely to stock houses O.
6 per cent The increased activity in stocks na'
not affected rates. In commercial paper no change
The rates are q az for best TO fair names.
Sterling Exchange is dull at 1851 100 FOR bankers
bills.
The business Of the Sub-Treasury was: Receipts,
g.. 1903 $50 37-for Customs, sos O0O for Payments,
8, 9H ,494 Sion account Of Loan, $4,000; Bal
ancc, s57, 5l9,774 g..
In Freights the engagements 10 Liverpool are
900 bush. Wheat at 3D.. SO bales Cotton at 3D.,
and per steamer, 200 bales Cotton at 7-l6d.; to
Glasgow, per steamer, 1900 bush. Corn at 4d.
The scheme TO run the interior National Bdnks
upon their circulation, inspired by the uneasy
portion of bank managers in this city, Boston and
Phiadelphiu which attempted throughout the
Rebellion to dictate terms to the Treasury Depart
ment, meets little favor with the public, which
receives and uses National currency. The people
are in advance of those managers in estimating the
security Of these notes, and will not tolerate any
raid upon them. The
deep socitude to guard the system from any danger
10 which II would be exposed from want Of foresight
and seasonabe preparatiOn'
is fimsy covering to an attempt to make the
country banks renew the tribute paid in former
times, when the interior circulation was not Sc
cured as at present strongly as that Of the Allan
tic City banks now Attempting TO resume the old
control Of the currency. Foresight is not an At
tribute Of all the New.York City Banks, as has been
often shown. When illegal tenders were frstissued
by the Treasury some bankers ~ valued them so
lightly that they hurried them into the Sub-Treasury
for redemption daily. Others made their dealers
agree TO receive them in payment OF checks drawn
prior to taking them on deposit. Yet these same
dcspscd notes were afterward so scarce with these
banks that it took notary ard tir'at of protest
to get checks paid in them. The National system
cannot be broken down by any machinery Of the
Atlantic cities, but state OF things may be pro-
duced which will establish q National Institution
In New-York TO absorb ard control the deposits OF
tho interior, upon which the city banks nave
made desirable profits.
The earnings Of the Racine and Mississippi and
Northern Illinois Railroads for the week ending
July 81 were:
1865 EN- sol 90 1864 ell 100 ~ Inc. ..s4O9s a
Receipts from January to July 81
1865 s3i4 232 50 1854 5000 5S5 e6 Inc s37 666 g
Tho McGregor Western Railway earned in the
month Of June:
Expenses Of every iind. Including interest =
ON rolling stock OBSERVATION-DISCLOSURES 1929 oil
Net NEUTRALITY-SUSPICIOUS.. el0.6o9 10
Eleven miles moro Of road go into operation on
the st of August prox.
The Bo,ton Evening Traveller Of yesterday
says:
Money continues EASY OF access at the bsnks and In
the street for prime collateral loans strictly demand
at per cent, with occasional exceptions both above
and below that figure. In q large majority OF cases,
however, the rate Is y, ana Tor longer tne IJ-lU
The banks are t. moderate extent uniting paper
having "A short time to but very little Is taken BY
them three and four mouths al less than the highest
legal rate The best mercantile notes which come into
the street are taken nj and per cents and tie inferior
cnsses range from per cent ~ double interest and In
few cases even higher. These transactions are
hat confidential and seldom reported by either
party. Stocks not active. they Likely to be
very animated during the warm season There ID much
more doing in the public securities than in the other
kiuds.
The Cincinnati Gazette of Tuesday reports:
The demand FOR money from business men continues
light, bat bankers ind employment for their surplus
means IN Government securities which prevents the
accumulation Of idle capital Rates OK interest range
fom 10 Ter cent. Exchange 10 firm at par for buy
ing. and lilo premium for selling Notwithstanding The
hot weather. mercnnnts still at their posts AMI
business Is wonderfully well maintained. The latter
has been good ut this season OF the year a.
now. And this il not peculiar to any branch of the
trade-it IL general. Merchants manufacturers and
mechanics all busy, and the city is kept fully alive
with the hun Of industry Railroad heiehts continue
unsettled and irregular An effort made last week
10 settle upon tariff and SOC. fixed the rate 10
New.York fourth GLASS; but this not adhered TO.
Whisky shipped to baltimore to-day as low Coo. |
per 100 b. all rail- and Flour at zoe per Dbl Freights
are not plenty aud competition il sharp.
RrPoarnD yoR The N. y TRIBUNE
THURSDAY. July n. 1865
ASTES-The market Is steady, with a fair demand
sales at 81 JOu7 62i for Pots and s. IS for Pearls
COT1ON-There Is still considerable activity In this
mar ket and prices sustained closing to-day at t7c
Tor Middlirgs; sales OF 2 200 bales.
COFFEE-Fhe mand has been light for all kinds. |
and prices nominaly unchanged; We have in.
portent sales TO advise.
FLOUR AND ME&L-The market for Western |
and state Flour is fairly active. and with limited
rvals and continued favorable accounts for the
Wheat crop prices have advanced l0d Sc Dbl. the
inquiry is in part spcoulatvein part tor Western
count the ca are go bbs ut o. 81 % for Super
fine State So s5ds7 Is for Extra state e. aOd s. 80
i'm Ham 81