New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-07-31
SATURDAY, July 29-P. ".

SATURDAY, July 29-P "
Gold opened at li5!, sold at li5l, and closed at
I4il. The extremes Of the day were l1i l45l.
The export by the IIansa to-day was $1,000.
Government bonds were steady and in fair de-
mand, for the 500 bonds. The balance Of the list
was steady.
Miscellaneous shares we're dull and but little do
ing Atlantic Mail opened at I59 and sold down
to l57, and was freely offered at that price.
Railway shares opened heavy on the street, with
pressure TO sell for cash. Erie was freely offered
at 9il and the rest of the list closed heavy. At the
Board the market broke, and lower quotations were
made: Erie, 9is; Hudson, ll23; Reading, LOG. The
market closed heavy and duh. After the call, Erie
improved and sold at 95l, but tie balance OF the
market did not improve. At the o'clock Board
prices steady but there was little disposition
manifested TO buy. Ere continues in active Dor
rowing demand, and the deliveries are made slowly.
Michigan Southern and Reading were also in de-
mand. At the close the market was dull: New
York Central, 9il; Erie, 94l Hudson, III; Read
ing, IOj; Michigan Southern, CO; Cleveland and
Pittsburgh, &c; Rock Island, IOS. At 3 o'clock
there was great excitement in the street, 500
shares of Eric were bought at 96, cash, when the
stock was offered at 9ii, regular way-this was for
short stock not delivered to-day.
Money is more active Oh call, and but little new
business has been done under per cent. Some
transactions are reported at sac per cent, but the
prevailing rate is now z per cent Oh miscellaneous
securities ard 6 per cent on Governments.
The rates Of exchange are nominally as follows:
Bankers Sterling, 60 days, lOs. alo9; Bankers
Sterling, 3 days, lO9I; Merchants, lO7laI0S;
Francs, long date, 5.lSi 95Fi; Francs, short
date, 5.lGl 05.IJ.
ment We learn Of is 5000 bush. Corn, per steamer,
TO ill up, at I'd.
The business Of the Sub-Tfcasury was: Receipts,
$443j 294 7O-for Customs, sos, 600; for Payments,
g. S39 70i 63-on account of Loan, $2s0, 600; Bal
ancc, SEQ, 1893 81.
Tie Boston Erenng Troreier observes on
monetary affairs:
The money market Is quite easy for loans on call.
but rather harder on time, beyond lew days. Al.
though the taking % thc 1870 loan has produced any
siIinGehcy, yet the fear is entertained that rs good
deal more money is warted by the Treasury Depart
ment there may possibly. before long be an increased
demand, which will advance the rates Of interest. For
this reason the banks and capitalists prefer TO keep
their loose funds within control as TO be able TO take
proper adv anage Of any change that may occur. The
ruling rate for the best collateral loans on demand ia
s per cent at the banks and with capitalists. Prime
indoTsed notes being sold in the street at 10
per cent, with moderate transactions. In stocks
there is but little animation, either for investment or
for speculative account.
The Chicago Tribune Of Thursday makes the
following allusion TO the effect Of the weather upon
the crops:
The weather to-day has been disagrceabe and rainy
and very unfa orabe for the harvest now IN progress
throughout The North West In the latter part Of the
afternoon The rain ceased and there was some prospect
of good weather; bat this the case as night. and
TO-DAY There was q complete change.
il il .ol ~ w cQasealed thst much alIely u lslt