New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-05-13
FRIDAY, Nav l2--P. N.

FRIDAY May is-f D!
Geld opened at 1922, and rose to 1881, under
Ssperts of a large export by Saturdays ship II q
H,ion were TO 90 it would not be large snIl, con-
i6erng the amount Of 5-20s held abroad. The
closing rate was 1901 and the extremes Of the day
x3l and 1901 No one is disposed to bny gold fo
IN advance, beyond q daily fuctuation, ard mos
yesple look for much lower prices at an early day
Government stocks are steady and offered spar
hgly at the reduced quotation. The general in
Drasion is that The European demand is Il
Sgviro speedily and the export proceed upon
large scale. Railway bonds are held firmly and
securities PAYING per cent, cannot be had in any
neticeable quantity. Bank stocks are strong, and
Aose under the National system are specially firm
Fourth National sold at 100, and for First National
el0 Is bid. The disposition continued to sell rail
way shares at decline, and they were offered in
hrge amounts. Upon the assumption that the ad-
vaAee of the last three months has been wholly
speculative, enormous short interest has been
made, and the market is largely oversold upon
he whole list. While SPECTATORS upon the
street, who know next 10 nothing of the absolute
herts of tho stocks they deal in Offering them
Or Q decline, the reads themselves are steadily
sarRiH9 largely over the heavy traffic of 1854, and
~ making much better net returns. Upon their
saxnngs most Of the railway shares are as safe to buy
It current rates es the Bank and Insurance stocks
e the country. At the Second Board the market
va again hammered and made decline of from
to per cent, but rallied after the call and closed
steady In the street the market was heavy and
closed dull.
In money there is no change, and brokers get all
eAey need ct sac per cent. The subscriptions
= the 1905 not felt by general borrowers. aud
ssr the army payments are completed still greater
abundance of money on call is expected. The
Secretary Of the Treasury uses his enormous re-
seipts upon the 7.30 loan skillfuly that borrow
srs do not find the Government damaging compe-
tition, as was too often the case during the past,
sur years. through tho want of practical
banking experience in the head of the Depart
nent. Government creditors of all grades are
Getting their money rapidly, and they lose no time
paying their debts, to the general relief Of the
fading community. The country is rapidly NOV.
kg toward specie payments, and the national finan-
o. are being put in order with q speed not
drained of by the most sanguine friend OF the
Uion two months ago. -Four months ago the
go 900 900 of currency afoat represented $780,
$4,000 in gold value; to-day, the same circulation
represents about 500 600 900 in gold value; show
ingn increase Of $500 900 oOo or rs cent, in the
purchasing power Of the currency.
Exchange for Saturdays mail is active and col
days Sterling has sold at ITO. The rates are:
Banke,s' Sterling, 81 days, llo@lIol Bankers
Sterling, 8 days, 1loa; Merchants, l090lo9i;
Francs short date, 5.l0 Francs, long date, 5.l2l.
The business of the Sub-Treasury was; Re-
eeipts, &3,579 SOS 69-for Customs, 500 OOO Pay
Aents, $l5,965, $50 Sion account of Loan.
t3c2, 0O0 Balance, $39 ,O5l ,75s 81.
In FIeights sailing ships ere neglected. For
steamers rather more is Offering and rates have ad-
vaaced. The engagements per steamer to Liver
Hsol are 1900 bush. Wheat at 3D., and 1900 bush.
Oat at Sd. To Havre per neutral, 100 bbls. Ashes
Of $sOO The bark Julia was chartered to Tarragona
with 40 000Staves and back to New York at 81 800
I'll pot charges paid.
Tho Dry Goods trade continues quite active.
biesched and brown goods are scarce as Erie stock
ssr delivery, and prices steady. Prints are also
scarce; we quote Sprsgue and best American prints
nom 2; to &c. The great scarcity of foreign dress
goods continues, and prices stiffen. There are a
NUMBER Of merchants in the city from tho large
southern tcites who buy with confidence that trade
with them must be brisk, although for the present
they confne their puTchasesto goods not 80 extraya
CANT in price or style as in former days. 49,
The Chicago Tribune Of Monday, says:
The supply Of Eastern exchange continues verv p.bt
and under an active demand the market firm at bar
buying and per cent premium selling Nearly ali the
leading banks to-day had to express currency 10 New
York 10 meet their Or Its
bar kef ont hmm nosv aoIx A.
are accommodating their customers freely at 10 per
per annum The recent heavy decline In produce has
stimulated greater caution in making advances but
With sufficient margin no difficulty exists in procuring
al necessary accommodations at the leading Discount
houses Street rates are du at lai per cent per
month.