New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-05-23
TrEspAY. MnK Or. ,

TUESDAY, May Up. N
Sold opened at l3Oi but advanced to 1916. From
As POINT it fen TO 1891 and finally closed at 1881 el33l
The recent sales have not been paid for the operations
viii lot be performed with comfort to the buyers The
Assistant Treasurer has waived notice Clearing House
certificates which redeemable in LegaIenders and
arc held with great tenacity by the banks.
There was large business in Government stocks at
lever FiveTwenties Of 1867 fell per cent and Of
1866 /; lO-4Os and 7-3Os, per cent IL railway mort
cages and State bonds little done. Bank stocks
steady Stocks lower and uctuated widely Canton
sn q per cent Quicksilver, l. Pacific Mail Scrip,
2; Ere, g. and Hudson River y. Reading was
strong, and rose per cent Michigan Southern
Zen !, Cleveland and Pittsburgh :, selling low
81 SEA and high as sji in tho street
Chicago and North-w esterD fell b. and the Preferred
Cleveland sndToledo i Rock Island, l. FortWayne Ii
Milwaukee and ST. Paul q, and the Preferred II percent
At the public board the market generally seadier
Enc sold 70; New-Yor Central 93!. At the Second
Board the 52Os of 1862 fell 4; l0IOs l. and 7.3Os,
eosDg at 1919; NewYork Central steady, and Erie
cold at 7li Hudson River l. and Reading fell j.
Milwaukee and st. Paul fell per cent, Chicago and
Nerth-w estern fell I, and the Preferred Rock Island
fell g. and Fort Wayne {. The steamers Ell route from
Liverpool are expected to bring Eric shares in quantity,
and for which there is nothing but speculative demand
here The MAY traffic is reported better than in
April The market closes dull and dropping at the follow
ing quotations: Ohio Certificates, 27!S1i; Canton,
b9059!; Cumberland Coal az 04iii Quicksilver, 52i
52I; Mariposa Preferred 20i a2Os; NewYork Central,
81; Enc 7ll@7lt Hudson River, III 9ll2 Reading,
iO7i aIO7;; Michigan Southern, 7Sl a7Si Illinois Central
Senp lI7I 1881; Cleveland and Pittsburgh Sill Ceye
land and Toledo, l044 sl0ii; Rock Island, 9l a9l2;
Northwestern 27ia27t; do Preferred 56i a56i Fort
Wayne, s5t a954.
The steamers news and the large additional sales Of
geld by the Treasury have wholly reversed the condition
Of the cy market and instead Of full supply at per
cent there is sharp demand at per cent call, and
nothing doing in best commercial paper under 9per
cent Loans gold not popular at the City Banks,
which do part with their Clearinghouse Ger
6estes to meet checks by their specializing dealers
The Treasury by its sales Of gold and the payment Of its
Temporary loans will make saving in interest
and get out Of execution class Of obligations payable
specifically In legal tenders. The City Banks will do
q sensible thing By making National Bank notes
sum Of settling balances at the Clearing House. the
Government plainly does not intend 10 continue in
fol- their convenience class Of certificates payable in
currency different from that used with its other creditors.
There brisk demand for money up to the close Of
business hours amorg stock houses Seven per cent in
gold Las been paid for accommodations and commission
with per cent in currency.
The business Of the sub-Treasury was; Receipts,
~ 437I 45for Customs $4,000; Payments, $685.,
$50 So Balance eli 20403l IS Gold Notes, e. 900.
Exchange is unsettled and the demand moderate from
ereLans The rate for Sterling is09 1904 for primo GO
days lDk d IiOisll fCI sight Paris OF " da'A 3.i5s