New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-06-24
FRIDAY, June 23---P. N.

FRIDAY, June 2L--P NJ
Gold opened at M, sold down TO liO!, and
closed at l4li. The demand for cash gold has
Abated, and prices tend downward. The shipment
tomorrow will be about $250,O0o.
Exchange on London per Saturdays mail is iO'l
Clio per cent for gold.
Goll-bearing Government Stocks continue strong,
Dat the amount Of business is good deal reduced.
The tax on sales when owned 10y the dealer has
shocked speculation in them to the disadvantage OF
The Treasury. For 5-2Os the quotation is 1921 %
1885, for tie new issue, and 60 096l FOR lc-lcs.
Missouri Is are higher and quoted 1914. Ten
hessee 6s, 70}0 ~. The Miscellaneous Shares are
Gull. For Atlantic Mail iJ00l5i was The rate ex
dividend equal to Us. Its friends a,gue that upon
Its earnings it is cheap at l75 with the dividend
off. Railway shares are neglected, and IN Excess
sive supply of money at low interest has Io
apparent effect in stimulating speculation
for an advance. Owners of shares nave 10
trouble IN carry ing them, and prices yield slowly
The fact Tat some of the most prominent roads
will borrow their July dividend, does not stimulate
investments, as lower prices are confidently looked
for in every road which makes the blunder of borrow
Ing dividends with construction account open.
At The public call prices we're barely sustained ex-
sept for Rock Island. The doubt abor' the Cleve-
hand and Pittsburgh dividen' still remains. Since
The sale of g. 600, 900 OF stock by this corporation
for construction the security las no. been favor
tie. At Second Board end in the street the market
sas steady. The closing quotations were; New
York Central, 92i; Erie, 753; Hudson, lO9; Reed
ing, 94l; Michigan Southern, 63 Cleveland and
Pittsburgh, 6s!; Rock Island, loOl
Money continues abundant at 4G5 per cent at
rail-, and at 6a9i per cont upon mercantile paper.
Advices from the South remark upon the great
Earcsy of money III that section, and it is argued
by old Southern merchants that 10 field offers so
fa,5ering prospects the South to those who have
ready money. AS the Summer draws to a closeit is
probable that large amount Of the currency now
seeking temporary employment in New-YoTk will
be taken South for use. This city is now the cheap
ast money market on the Continent and has been
made 30 by the general settlement Of transactions
growing out of the Rebellion. The current Ofcapi-
tai is still toward the Atlantic cities but the time
approaches when the usual drain will commence TO
move the crops North and South. With these de-
mands in prospect there is no reason TO expect any
change in the of interest TO favor the borrower
but tho reverse.
The defalcation of Mr.. Smith j. Eastman excites
o good deal of conversation in Wall-st, where he
has been large operator, and successful one
during the rise attending the issue of paper money
Out OF $780, 900 deficit his largest creditor is Mr. f.
4. III. Gibson, to whom he owes $4,000. Tie
social and commercial standing Of Mr. Eastman
were high up TO the moment Of his flight, and upon
this character he was enabled to prosecute the
schemes which have ended so disastrously. The
estate Of recently deceased California merchant
is understood 20 have a claim Of 100000.
II. W. b. Hughes of Heath & Hughes was
elected member Of the Stock Exchange. Mr..
Hatch OF Fisk t. Hatch has also been elected by a
very complimentary vote.
The New-York Stock Exchange has voted to adj
journ from Saturday, the LIST Of July TO Wednesday,
July 5, thus releasing themselves from business,
OIL Monday and Tuesday, July and 4.
Thompsons Bank Note Reporter says:
There IL some demand for the New-York State y
cent Bounty Revenue Bonus at o. o9,i, interest COM
mencng July /. As tkess bonds have only eighteen
months to run the investment III them Is cent per
sDnum. The compound interest Treasury Notes are
sso in demand ut quotations given below The notes
That boar premium their face are dated June ~
July Is. and Aug. Is. 1864. They have from ten to
b. payable with three years interest. Thus. for two
years the investor gets three years interest or more
than y cent per aLnum and these notes are legal
tender for their face at any time The Controller has,
however notified the National Banks that the COM |
pound notes issued under the act OF Juno 80
1861 not ~ be held or circulation. but
may be bcld for deposits. The Jur'e Issue
was made Under the act OF March eG3 they there
Tore better for National Banks 70 hold as reserve
against circulation. than the notes Of later date The
reason for the Controllers decision is that the
pound notes issued under the act of June 90 1854
specially barred from being legal tender for the
OF bank notes. whether Of State National
bshks and the decision is veiy proper. Six per cert
compound interest notes June dates, II az premium;
o ' cent compound interest notes, July dates. i0l4
premium; of cent compound interest notes. August
uates tei. later dates have premium YETI
The Fifth National Bank pays July regular
dividend of per cent and an extra dividend of 3
per cent. The Bank Of North America declares a
hslf-yesrly dividend for July of per cent, and an
extra dividend Of per cent. Tho Merchants Ex.
change Bank, s per cent halfyesrly. The Chem.
ieal, 6per cent, quarterly. Tradesmen's per cont.
hsli-yeary, and per cent extra. Atlantic peri
cent, hafyearly East River, 4 per cent, half.
yearly Eighth National, per cent, half-ysarly,
AauoDsi Brosdws hsIfyearly. - per cent.