New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-05-15
SATURDAY, May l3-P.

TOD opened AZ love-, soiu uo"H W i-'3i INV
then rallied TO 1904.
The extreme quotations of the day were 1901 and
1909. The market has been very dull, and has been
wholly sustained by the demand for cash gold. The
closing quotation was 1907.
Government bonds were duh and steady, and
with but little doing in the gold bonds the 1910
loan continues to be the favorite for investment.
The closing quotations were coupon per cent 1881,
1926; old 5-20s, l0i.; new 5-20s, 10il; coupon
l0-i0s, s5l.
The railway share list was duh but steady at tho
First Board There was strong demand for cash
stock, with but little Offering but the bears were
offering large amounts of stocks at sellers option.
All the leading shares are in sharp borrowing de-
mand. Erie was worth per cent for delivery TO-
day and hard to be got. Michigan Southern, Rock
Island, and Michigan Central cannot be had, and
the bears do not deliver their stocks with any de-
gree Of regularity. After the Board the market
rallied slightly on the cash demand for stocks but
in the street it broke from l02 per cent on the
hammering of the bears, who offered large blocks
of stock sellers option, and unsettled the market,
on the theory that the money market is TO become
more stringent by the Secretary Of the Treasury
having drawn his balances from the National
Banks In the street the market was excited and
generally lower later in the day the market closed
steady. New-York Central, S9i $50; Erie, 100
76t; Reading, 90I a9l; Rock Island, 93i; Fort
Wayne, 92i.
Money continues very easy, at 465 per cent on
call loans, with occasional transactions at per
cent and no large amounts could be loaned at these
,bo nf IN n on nj
crease at the centcrs and long the policy of the
Treasury Department continues unchanged, IT will
be impossible to make o stringent money market
The disbursements Of the Department keep pace
with the receipts of the 7.3O loan, and the large
amounts still due to contractors will prevent any
hoarding Of funds for some time to come. We
hear of large amounts being funded by various
railroad companies for transportation their directors
preferring Understanding bonds to an overdue
voucher. This, with the large amount Of contract
ors' and quartermasters' vouchers that have been
funded in the way for the last week, has en-
abled the Government to cancel an enormous
amount Of liabilities without the use of any
currency and without disturbing the ordinary
course Of trade, and no doubt the same course
will DO pursued until all the claims now due are
settled. The parties who have settled their con-
tracts in this manner have agreed not to throw
their bonds on the market for months, and thus
any competition with tho Government is obviated.
Tho transactions in commercial paper are merely
nominal. Prime short date notes are taken at 6
per cent good to fair names may be quoted 709
per cent.
The shipments OF specie show an increase, but
are not 80 large as was expected. The steamer City
of London took out 900, and the Bavaria,
slI56 35. The total export for the week has been
$649,ss5.
The subscriptions received at the Ninth National
Bank to-day to tho Scven-Thirty Loan was
49, lO4, 100; Frank g. Cans, 500, 900; Total, 1904
100.
Foreign exchange is nominal as usual on the day
OF tho sailing of the European steamer. Bankers
60 days sterling is quoted ll0Sll0l francs 5.lO0
5.I2l.
In freghts the rates per steamer to Liverpool are
Sd. for grain, and los for heavy goods. There are
no sailing ships on the berth.
The business of the Sub-Treasury was: Receipts,
q, O9S, 81 65-for Customs, $29S, 900; Payments,
q, 673, sl6 Con account Loan, $28l,OOO; Bal
anco, $3S, 1896 81.
The total imports at New-York for the week
compare a. follows:
Week ending Msyia MayG April a. April 20
Dry Goods e736 $50 o. 2l39 N o. Ia 49o 1925 s24
GENT merch' 70 l,57e749 3.556.e37 l09i66o ost,63o
Total. ZIG, 49, a. 1881 SAM sS o. IL, $50
Tho New.York imports Of dry goods for the week
ending May y compare as follows with former re-
turns: .. 90.
Entered ct the port. .t64o.6Si el.6144A s5S. eSs
Thrown on market 1 5sss.' iss - so' lssS.
Entered At the port e25 6iOen 3o l29 ZIG 263
Throvn on market ss5 80, 4S6,O67 2Q2H,3l7
C1ou. 4, VI yocai ved ON hacy IN the