New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-07-07
FRIDAY. July 6-P. N.


Gold opened at f54l and closed at 1871. after selling
% high as l54i
The business in Government stocks large at full
prices The iOOs sold as high s7 and 1905 at 1885,
There was more done In State stocks and railway
mortgages and the extreme quotations Of Thursday were
had The small stocks strong, and for Marposa Pre-
feTed 23l paid The Gales Of Enc common were
large and 69i at one moment touched-the closing
quotation sc. The remainder Of the railway
list sympsthized with Erie, and shows an advance
At the Second Board the market active and firm and
after the call there large business done in Erie
At the open board there shares brought under
the rule for the account of q leading operation.
The balance Of the list closed steady at quotations;
Eew-York Central Railroad, 95i a95.i Erie Railway
6ia67t; Erie Preferred, ISL Hudson River Rail-
road, Ii3isll3l; Reading I0 slo7s; Michigan Cen
tral Railroad, i0s Michigan Southern and North
ern Indiana 8GaS0i Illinois Central Railroad, 1911
Cleveland and Pittsburgh, S3l; Chicago and North
Western, 3li ALL; do Preferred, Gil a6lii Cleveland
and Toledo lO9 slO9t Chicago and Rock Island, 95i0
95i; Pittsburgh, Fort Wayne and Chicago, 81 asa.
Money is very abundant call at per cent, and on
Governments can be had at per cent. In Commercial
paper little dong at former rates.
Exchange is quoted as follows London, prime bankers
60 days 1881 aI0St London, prime bankers sight, 100
IlO,; London, prime commercial lO7 alOsi Paris,
Antwerp, 5l5s5l3i; Swiss, 5.l505l3ii Hamburg, 36ii
Amsterdam ali a42 Frankfort nOminali Bremen, 7si
78i; Berlin nominal, 74o75.
The Chicago Tribune says:
The money market much unsettled in consequence Of the
efforts oone two q the National banks 70 increase Their
volume Il currency their statements on Monday next For
this purpose banker threw upward Of sOo oil Eastern
exchange upon The market Ehieh eonpe broke Gown
quarters however money moderately easy and RoOd
paper wa. quite acceptable at 10 per per The
lots sold among bankers at 81 5OQs@ per thousand DIS
count but counter rates we're steady at par selling and
ilO discount buying
The Cincinnati Gazette Of Tuesday, reports:
The banks have fair supply Of currency and they are able
70 meet ne wants 81 the iegosr a. Lass o. AZ
that there continued 1ow Of currency into the Interior
York The money market there for some time has been slug
gish The exchanges are now throughout the
through midsummer look for dearer In New York
which win be followed BY scvity in business in the
wheat crop .Sppy b.adsufs the sesbOard
foreign demand we shan have degree Of life In business cir
ce that viii contrast ayOrsy with the recent and present
siagnatiou.
The earnings Of the Milwaukee and St. Paul Railway
Co., exclusive Of Eastern Division of the La Crosse Rail-
road, for the month OF June
isss s237 se2 $50 Inc elol 800
The Chicago and Great Eastern Railway earned in June
1896 ells 900 80 le65 ss7 - s26 e72 81
The Western Union Railroad Co.'S receipts for the week
ending June 3d. were;
lsCe si3 lI Ises...2753 $50 Ino...-t33sl ~
The convention Of railway managers and representatives
10 session Of Plsdelpha was largely attended on Thurs
day The committee appointed 70 prepare memorial to
Congress, reported series Of Arguments against any In
Of duty railroad iron unjust and oppressive
to the railroad interests Of the country The report
adopted The committee to prepare business reported In
favor Of the abolition Of the whole system Of runners the
voluntary abolition Of free passes; asking increased CON-
pensAon for canning the mails and travelling postofces;
asking the remission Of taxss upon gross receipts for
freight, and recommending the abolition Of Sunday mails
end trains Messrs A. 8. Buford Of Virginia William
Johnston Of North Carolina. j. II. Ramsay Of New York.
L. IT. Sturgeon of Missouri and j. II. Bradley Of Penn.
syyans appointed as the committee to convey the
memorial adopted by the Convention to Washington.
The Convention then adjourned ts moot In NewYork on
the third Wednesday Of October.
+ tie following vii show Tie fpSsies Of sasa ss.s S