New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-12-10
Mining Stoels. oak Nm


Gold continues weak and closes 1879, after selling 81
1881. The exports Of the week were s56O,63i
The new issue Of 5-2Os is per cent higher and firm
For lOO 1901 wa, paid In Railway mortgages State Sc
eurite, and Bank shares little done The Railway share
market barely steady and the sales quito limited Reading
was pressed for sale and touched 100 l09I Northwest
ern continues firm and 20 be in position where It's
managers an control the market with After the
call pnces were generally lower but at the reduced quota
tons purchases made by the bears 70 an extent SUI
fcient,to give the market firm tone for the moment
North Weston Common in the afternoon sold as high as
50, and tho Preferred at H. The last quotations were
~ Y Central, rOI SllOi Erie, 7llS7li Hudson River,
l9Oal2Oi Reading lO9i8lO9ii Michigan Southern, 79i
80; Cleveland and Pittsburgh, 81 ass Rock Island,
1854 1881; North Western, 52i a52i d. preferred, 'oI
All Fort Wayne los 8lO5i Ohio and Mississippi Ger
tidcates. % 929ii Cumberland Coal. 6s9
Money on call is in better supply, and is quoted 601
per cent In commercial bills no change. Best are
quoted 6la7 National bank notes are IN excessive sup
ply aud at discount as compared with legal tender OF
few days interest
Bills at 60 days on London are quoted at 1854 elO9 for
commercial 1921 alec, for bankers do at short sight
uOI0uOI; Paris at 60 days, 5.lsi95l3ii do at short
sight 5l3i95llii Antwerp, 5lsi e5l6i Swiss, 9lst
5i6l Hamburg 36i e36l; Amsterdam, 4le4lii Frank
fort Ai04lI Bremen, 7Sie79i Prussian thalerS,
72s72l.
new bark has been recently organized In this city,
under tho title Of New-York Gold Exchange Bank, with
capital Of $500 O0O and will commence business as
Clearinghouse for dealers in gold at No. SO Broad
WAY. Mr. Jacob Russell so favorably known In connec-
ton with the Sub.Treasury, will be its cashier
Tst National Integeacer gives the following estimate
Of the production Of gold during the year 1866;
The value Of the bullion in Jumps bars ingo' or Sner
.sl Rsysnns returns At ssh 80 i OF this amount $40 o32
sOj Was assessed In Pacific and Rocky Mountain ela
Tcories and the remainder chiefly In the Atanle
cs IL il estimated In the gold producing regions Of lhe
country at least % per cent OF the sboad
cites ooehaf is Of domestic production In view OF tnese
facts and taking the Internal Revenue returns as asi
mSe m, production Of gold In the fiscal year ebo caoua'ea
a. ga lg IA Tho production Of gold In laos estimated 81
$3.50 35s an Increase In 1865 Of Sl96130la"
We learn that the leading commercial and Manufacturing
interests are preparing to sendto Washington respective
populations for the purpose OF representing TO Congress
the concern with which they regard the bearing OF inc
proposed policy OF the Treasury Department upon Their
several interests and especially to protest against the
soc,,tary', poliey Of ontraetion-Commercia Adver
tiser.
This delegation should recall the speeches Of Gen,
Jackson. who said, Go home, gentlemen; there is no
presure any honest man should regret &C. Tho return
OF prcos toward natural yauO no doubt distressing but
IL will have 20 be endured II may be the cause OF ind-
yidua loss, but 1t is a national blessing
An important decision has been rendered BY the Illinois
Supreme Court which will greatly embarrass commercial
transactions in Chicago II is TO the effect that warehouse
receipts are not negotiable Hitherto they have passed
from hand to hand among commission men, and were
readily purchased by banks the same as bank notes OF any
negotiable paper The result Of the decision viii be that
the transfer of oil grain or other property In warehouses
will have actually to be made the transaction conveys
to no responsibility 1t understood that application win
be made to the Legislature for law to place warehouse
receipts on the same footing that they have hitherto held
The Cameron Coal Company 10 the title OF anew btu
mnous Company just placed upon the books OF the Stoci
| Exchange
| II owns Of land 5iq5 acres costing, 49,. -,
! with the improvements ......-. -. ,o. sohl'
S Subject 20 amOt'snso 1900 $500
Total present $780,
The coal pays profit Of about 81 % per tun requiring
81 $50 per annum to pay per cent sPon us aotuA
| cash cost apart from Office expenses. &C.
mercantile circular from Chicago announces the 70