New-York daily tribune., 1865-11-18
FRIDAY. Nov. l7-P. N.
God is weaker. and closes at 1863.


Government securities continue in demand anC
are again higher on all the issues The 7.30s arC
quoted at 97l for the last series Railway mortgages
and State bonds are neglected. The railway share
market is irregular and lower There is little dis
position to buy on the part Of the public, and
commission houses complain Of want Of business.
The fear of what Congress and the Treasury
Department may do with the currency checks
business, and for the next two weeks little change
for the better car d reasonably expected. At the
Second Board the market not strong, except for
Northwestern common, which was QDptcd3l, a 3j.
Erie and Michigan Southern were Amoug the rost
active stocks, but at each upward turn there w'~
plenty Of sellers At the close Of business the mar
kct was weak at the annexed quotations: New-York
Central, 96s 9965 Erie, 9li a9ls; Hudson River,
Oea 1857; Reading llil 0ll3l; Michigan Southern,
ia75i; Cleveland and Pittsburgh, 92l 92t
bck Island, 1915 0lOS; North-Westeru, 34 Q3l2.
Money is quotedat7 = cent among stock houses,
bt second-rate borrowers are Tot very readily sup
phd. In commercial paper 10 change Lenders
srelispOsed to be prudent and 10 await the action
Of se Government upon the opening Of Congress.
Theligh rate Of interest prevailing in New-YOrk
is at'acting money from the interior, and at this
time his city has the cheapest money market il
She Uion. The operations Of trade IN The South
have asorbed q large proportion Of the legal ten
cers ad national currency, which in the lat
ter das of the Rebellion were confined TO
the loyl States. This extension Of the use Of
iega-terier currency is really contraction at the
expense the North and West and it is argued
with grea (. se. that until the volume of the cur
r
country ropened TO commerce, lenders will have
decided agantage As Congress will not soon, if
IL does at al, authorize an increase Of currency,
there is reaan in tho argument that full seveH per
cent per snnlm viii DC got readily by lenders, ard
that the rate If interest to be made by lending to
the Government by purchasing It's Stocks will gov
srn private loans. At this time private rates are
rnder tbs standard.
Exchange is firm, and quoted at lOSi0lO9 for
Bankers Sterling at co days. Francs, short, 5.l6l
T5.l5, andlong, 5.2l405.lS.
Tie business Of the Sub-Treasury was: Receipts,
tl,572,Si6 75-ior Customs, $4,000; Payments
tl,Ol5,439 38-on account Of Loan, $40, 600; Bal
ance, $58,6ls,l22 81. Cold Certificates SGi3,9OO.
Freights arr finn. The engagements to Liver
pool arc 1000 bush Wheat at GI Cld., in bulk
and ships bugs; 500 bales Cotton at ia, and 100
bales compressed do. at G3d. To London coo !
lbls. Flour at o. g., and 20 hhds. Tobacco at 3Os
To Bremen, 75 hhds. Tobacco at 2Os
Coal stocks are attrcting more speculative atten-
Ion, especially the loW-Friced descriptions. The
Lehigh and SusquchaIna Company has been
mining coal for about two years on the well-known
Baltimore vein in the Wyoming VALLEY, near
Luzerne County Pennsylvania. The
Baltimore vein IL l3 feet IN thickness, and the
quality Of the coal equal 70 that Of any in the
brscite fields. Tile it tic same vein worked bV j