New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-12-12
OPEN IOARl

MONDAY, Dec. ll-P. NJ
Gold is higher and closes at l44s a las, and has
sold at l45l.
Government stocks are steady and in good DC
mand at the counters Of dealers. Coal stocks are
firm, and the low-priced kinds in demand. Bank
stocks are steady; for Fourth National par WAS
bid. Reading Railroal sold at Il74, under reports
Of large dividend in cash and stock, but closed
1t ll5t ll6. The general share market was
irregular, and no disposition shown 10 buy large
amounts. Long options were offered by sellers,
but there was no market for them. At the close
the following quotations were made: New
York Central, 962q9egi Eric, 92s aga; Hudson
River, 1881 a 1857; Reading, lI5i ollie; Michigan
Southern, 74s0743; Cleveland and Pittsburgh, 93s
V93l; Cleveland and Toledo, 1911 Gl0il; Rock
Island, 1861; North Western, 35l 935s; North
Western Preferred, 62I a62s; Fort Wayne, 1861
@lO5t; Ohio and Mississippi Certificates, 27i0
27i; Canton, 45a045i; Cumberland Coal, il0
az; Mariposa Mining Co., HAS; Quicksilver,
EaFl Schuylkill, l2i0l
Money on call is abundant at per cent. In
commercial paper no change. Best names pass at
709 per cent and second grade at l0al5 per cent.
There is no disposition to take long paper, and
short dates and call loans have decided prefer
snce The bank statement is more favorable than
was expected, and shows small gain in legal ten
ders with an increase Of over 100000 in coin.
Exchange is higher, and leading drawers quote
good demand at 1904 a 1925 for 6O-day bills Lon
don; Bankers Sterling, co days, lO9l0lO9s; Bank
srs Sterling, 3 days, ll0all04; Merchants, 1881
1851; Francs, long date 5.l505.l2l; Francs, short
date, 5llI 05.l0.
The Produce markets are lower and close heavy. |
Flour fell IOa20c. y bbl. Wheat, lac. lower for
common; Corn dull and dcclining Oats dull and
lower; Pork closed heavy; Beef steady, and Lard
6rmer. Whisky dull and unchanged.
The business of the sub-Trcasury was: Receipts, |
e2,227, $50 6O-for Customs, $353,OOO; Payments,
1884, 1888 Sion account Of Loan, $4,000; Bal
snce, 5,2il AZ. Coin Certificates, $6Ii 800.
The report Of the Secretary of the Treasury has
has produced a marked change in the ideas Of mer-
chants, traders and speculaors, and good deal Of
caution is shown in making new engagements
Under the conviction that money is TO steadily in
crease in value, buyers are prudent, and " from
hand 10 mouth" is now the rule in purchasing all
commodities. As there is an ample supply of
for the consumption Of the nation, tho holders of
goods bought at prices created by the exigenccs of
period Of war have great difficulty in con-
sincing consumers that prices under
The influences Of natural laws long can be sustained
It war prices Tho waste of war has ended,
million OF men in arms from the free States alone
ave been restored to productive labor. This fact
las become an element in the value Of COM :
nodifies and must cheaper them, If not at once, a
an early day. few spasms upward may be
hown In prices, but financial reconstruction has d
and return 10 lower market values is 81
certain rs any future event can be. This return =
III wipe out large part Of the fortunes made by q