New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-09-03
BOARD OF BH.0K ERs-I ?. n.
Spruce Hill. Glow. & Tol.
SATURDAY. September IL. ".


Gold sower and closes at li5l The extremes ofthed day
have been 1851 al Tho exports to-day reached 1903 9l2
making since January LIST $50 1885, OOlas against $50 S lO5
last year.
Government stocks did not respond to the advance re-
ported in London and the transactions educed lOi9s
sold at lex coupon equal with gold at l to lO2 67lONhs
as aeanslO2i. Rumors revived that the Secretary
MoCulloch means TO try five per cent loan again,
bat they lack proper ndorsment Tly per cent deuson
long since disappeared fully from the Sec.etarys mind as
as well as from his valued counselos.} Tho 73Os are
well supported State bonds lower. MissOurs fell
lper cent and North Carolina, H. Railroad bonds steady
The miscellaneous stocks lower, and not In demand
Railway shares were generally lower, but the trans
actions were not large. The market is In no con-
dition to take any largo blocks of stocks except
q reduction in prices such as the bulls are not yet
ready TO accept After the call the market rallied slightly,
but the buying chiefly realize profits upon short sales
for little turn Late in The day IN the Long Room, the
market improved and closed steady at quotations New
York Central 1924 0l02l Erie, 72i 972i Reading, 49,
ll3; Michigan Southern sii 9S4a Cleveland and Pitts
burgh 86l 0S6I Rock Island, l0si 9lO9 Northwest
srn, 3603dl; North Western Preferred, 67l067i Fort
Wayne, l0iSl0il.
Money on call is 4e5 cent choAg tho latter rate to
stock houses Of fair credit In commercial bills change
Des, short date sels cent and good is quoted 5A9
y cent The SubTreasury balance is steadily increas
ing and It ia understood that soon as the temporary
loans are paid of fully the Clearing certificates
bearing interest at Y cent and redeemable in lega-
tenders will be called in. This step desirable TO the
Treasury ending does the policy of call loans is not
looked upon with favor by the banks II will obge them
to lock up in this city $5OOOOOO legal tenders and lose
interest upon the same IL will not add s to the
current circulation from the simple fact that being the
medium ofsetement at the ClearingH IL will poo
ably DO redoposited in common center, and DO rep
resented in @ new issue OF Clearinghouse certificates.
1t is not reasonable suppose that National Bank notes
will DO used at the Clearing House until efcint system
of redemption is adopted. They not promptly turned
ntoega tenders in this city by banks supposed to
deem here under the law just national currency is
| in active demand for the Interior aRd people do
not discriminate against It, As soon as something like
practical redemption is insisted upon the Secretary
Teres legal tenders the moderate extent allowed
by law national notes will take their true position COM
pared with legal tenders and DO sorted and sent home for
redemption.
Foreign Exchange Is rather frmer but trustworthy
quotations can hardly be made.
Freights are dull the engagements to Liverpool
1000 bush. Corn at 4id. and steamer $4,000 bush
Corn on private terms. There IS large movement Of
goods to the SOUTH and some Of the steamers have been
obliged to turn away freight.
The London Daily Ners remarks upon the return:
This Is the satisfactory that has been Published
br several weeks The increase In the public and Other de
p and the running OF Of largo amount Of other secar
ties have caused augmentation OF 81 6T In the reserve
although the Bank have added a65 600 to their stock Of gov
coin be coming back from the couay a aatga gyms
,cseN v lem ARE2ad hslaz fyakWA