New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-12-06
TUESDAY, Dec, S-P. NJ

TUESDAY, Dec 5-P.M
Gold closes 1881 Sl4si, and has sold as high as
siSI.
Business at the Stock Exchange was on moder-
ste SCALE Government stocks were well supported
md the first series of 1903 sold as high as 972
Bank stocks we're strong. Fourth National rose
per cent, and is in demand. Its business is return
ing large profit, and it will be able to carry
handsome balance to surplus after paying 5 per
cent semi-annual dividend. After the regular
board prices were little lower. At the second
session the market was firm, and few stocks offered.
At the close the following quotations were made:
New-York Central, 97l097i; Erie, 92i 092li
Hudson River, l099l09,; Reading, 1l6l all6s;
Michigan Southern, 75l a75l; Cleveland and Pitts.
burgh, $50 1881; Rock Island, lO6i 9l07; North
Western, 1864 036I North-W Western Preferred 65i
165i; Fort Wayne, lO6@IO6s; Canton, 452046;
Aariposa Mining Company, IL al5a; Quicksilver,
$685..
Money on call is abundant at per cent. Com
nercial paper remains OF 7a9 !or best short bills,
md 10 9l5 for second grade.
Exchange is firm. Bills at 60 days on London
1o80lo9 for commercial; 1924 0lO9a for bankers !;
DO. at short sight, lo9i0llOl; Paris at 60 days,
&l8a a5l6l do. at short sight, 5.l3ia5.l2l; Ant
werp, 520S5.l61; Swiss, 5.I7l 05.l6l; Hamburg,
s64e36i; Amsterdam, 40s 040;; Frankfort, 400
a; Bremen, 79079l; Prussian thalers, 1aGn2.
The business Of the Sub-Treasury was Receipts,
e5,670,294 4l-for Customs. $4,000; Payments,
$500, 1893 H-on account of Loan, s3lO,OOO Bal
snce $73546,slS IL. Coin Certificates, 81 026 900.
Freights are dull ard rates arc lower. The en-
20 10 4 nj -.
63d; 600 bbls. Flour at Is. 3d.: SO hhds Talow,
at IFS. 3D., and per steamer, 500 bales Cotton, at
ID, and 100 boxes Bacon, at 25s. A ship 10 Cork
1cr orders, at 6s.
Attention is called to proposals for 5000, 900
"Riot Damages Indemnity Bonds No. 3" bids for
which will be opened at tho Controllers Office on
Wednesday, Dec. 6, 1865, at 9 p. H. These bonds
are duly authorized by the Legislature Of the State
and By an ordinance of the Board Of Supervisors
The interest will be at the rate Of six per cent per
annum, payable semi-annually, aad the principal
viii DO redeemed on the LIST day Of Nov, 1880.
The coupons of bonds of the City and County of
San Francisco, due LIST January, will be paid in coin
By Messrs. Lees g. Waller. No. SO Pine-st.
The annuhlreport Of the Secretary Of the Treasury
40 document Of unusual interest, and the national
finances arc discussed with great frankness. The
Secretary takes strong ground in favor ola con-
traction Of the currency, and argues very forciby
against the permanent use by the Government Of
tho currency issued under the pressure of war ex-
penses. He does not desire an immediate repeal
Of the legal tender acts, but recommends
that all currency obligations, now legal tender,
be deprived Of that power at maturity. lie argues
strongly in favor Of declaration by tho Govern
ment that contraction is to be its policy, and is
confident that it would cause the financial opera
lions Of the nation TO adapt Themselves 10 tho new
'olicy, and most Of the apprehended losses Of con-
rsction DO avoided. lie recommends that Con-
ress declare that compound interest notes shall
ease 10 DO legal tender On maturity, and that be
e given power 10 sell six per cent bonds 10
'tiIe compound iotereEt Iotes and United