New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1866-02-28
TUESDAY, Feb. 27-P. n.


Gold closes at 1877, and has not sold lower than
1851 during the day.
Government stocks are higher, and there lie 8 fair
inquiry among tho large dealers. Bank stocks
STEADY and in good demand. In the Miscellaneous
6st the dealings were small. Pacific Mail sold at
BOZ The feature Of the market vas Erie Common,
which in the morning sold at Sij receding 10 s3l,
and closing at 81. The activity in Erie strength
ened in moderate degree the rest of the market.
Stocks are abundant, and can be borrowed in large
amounts. Tho Street was never so well supplied
xth railway property as at present. and until it has
been reduced by investment orders, lenders will be
abundant. At the Second BOsrd the market was
6rm, and an advance paid on the registered bust
ness of the morning upon several stocks. The
closing rates were: Cumberland Coal, AL a Ash;
Quicksilver, 42I043; New-York Central, 92i q
ei; Erie, Sli2sl!i Reading, 1000 a 1907; Michi-
gan southern, 7ci 07Ol; Cleveland and Pittsburgh,
ISL Rodi Island, lO5alOJli Northwestern,
ri a&i DO. Preferred, 81 ass; Fort Wayne, 80
S93l
Money on call is per cent, and in good demand.
in commercial paper there ia little doing. A few
pass at per cent, butt as nearer the price
for prime good bills 900, ard ordinary as high as
IL per cent. Short paper has decided preference,
and four and six months bills are not in favor any.
where. AT the close Of business there was %
abundance Of stocks offered to be loaned, and more
activity in cal loans.
Sterling bills are quoted at I0ss 1881 for leading
names, and some Southern bank bills have been
done at loS! CLOS Francs, long, .2Oo5.lsi.
The business of the Sub-TreasuIy was: Receipts.
o. ,G7i,67I 93-for Customs. $500, 900; Payments.
90, 916 Sl4 Son account Of Loan, 1000; Bal
snce, Sos. 532 $50 81. Coin Certificates 1897 OOO
Freghts are quiet; the engagements to Liverpool
are 800 bales Cotton at Sled. and $50 bales Cot
Ton at 716d. To Bremen 200 bales Cotton at
&C., The total exports for the week ending Feb. q,
1866 were s5,i99,05l.
A Washington dispatch says: The delegation Of
bank officers from this city have effected COM
promise IN regard 10 taxing their deposits.
All checks on city banks deposited by dealers for
not 70 OF orawn out from the banks till next day en-
tered ior convenience at the end Of each day
oe u.nseifea 70 an sceoont as rncoected checks,
ana NOT DC suf)ectcd TO duty until they paid"
Under tnis decision the banks will be released
from the onerous tax upon the accounts Of leading
houses, and the Treasury secures larger tar than
banks have heretofore deemed legal.
II is reported that the Western Union and United
States Telegraph lines have been consolidated thus
making only one Company with their lines running
20 all parts Of the West and through to San Fran.
cisco. This will account for the sudden rise In the
Western Union Telegraph line stock. ,o4,
hn stated that the delay In the loan bill will
sesnlt in the passage Of oct satisfactory to the
Secretary Of the Treasury, with tho exception. per-
maps OF the foreign loan clause. Mr.. McCuilOch
stands enninchingly by bis For Wayne speech,
ene bsnks spsc'e payn xbonld - sssymed ct