New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-05-16
oyyN BoABp on BBoKyBsE3p.M.
TUESDAY, May l5-P. NJ.
,.ooo 90 ,Chi. g. Alton in. b. NY Central.

TUESDAY, May 15-P.M
Gold open ed at 1901 sold down 1885, and closed at
092. The exports tomorrow expected to be full
b,soocoo
Government securities are ell strong but the preference
given 70 the currency debt. For the 1905, second
hes 1924 is bid and the first and third series cannot be
aad under 1929 in any amount For oneyear certificates
1904 lie paid freely State stocks, Railway mortgages
Sank shares and all sound investment securities held
lmly and offered IN small amounts The small stocks
e hrm and disposition shown to speculate in them
Boston Water Power sold at ~. Cary Improvement,
another Boston Land Company which sold last year o.
salable at Ii. Maripesa is firm at quotations
ind lie in steady demand. Coal stocks steady
Railway shares are strong and in many cases higher
she extreme advance paid at the regular board not
sustained under large sales TO realize profits. Eric,
Michigan Southern and Cleveland and Pttsburg the
,aief favotes, and supported by strong combina
hons There arc more orders from the outside public
spectators inclined to make up pools rather than
90 buy quietly moderate line Of stocks, in ordinary
The fear Of cholera is fast leaving Wast and
spoh the present and prospective abundant supply Of
money g growing disposition is shown to speculat 0
os an advance in Railway shares At the Second
Beard the market was strong and excited on
Enes, which sold up 10 Isl. New-York Central was
also in demand, and sold at ST. The Western list
al frr0 but without any special activity. After tho call
shc market firm, and closed strong quotations
Ere the most active stock, and sold high as 76
osng at Isl a76. There is large short interest in this
fock yet uncovered and the deliveries made with
test regularity Cleveland and Pittsburgh and Mich
fss Southern in active demand and both in &C.
ave borrowing demand The closing prices Canton,
0ISs0I; Cumberland Coal, 45i a45i; Quicksilver 5ii
~; Mariposs Preferred, 23a231; NewYork Central 80
S93t Erie, Isl o76; Hudson River, l09i9li0; Reading,
i@i lO7i; Michigan Central. 1875 Michigan Southern
ei0S0l Illinois Central Scrip, 1924 ol22; Cleveland and
Pittsburgh 81 ass; Cleveland ard Toledo, 1911 1917;
Rock Island, 94t s9li Northwestern, 2sf a2si do.
Preferred, ssi 959i; Fort Wayne, 90i 99g3.
Money s increasing in abundance on CALL and the fow
carrency from the West is still large. The amount Of
noney required to the remainder Of the crops to
Garket this Spring is unusually small, and until new
crop 10 ready to be marketed there win be no demand
~heb the Atlantic cities cannot readily supply without
seeng rates The Treasury has ceased TO issue certiG
atss and viii be able to pay OF substantial amount
a temporary losnsa step which viii add materially to
The volume Of the currency and TO tie amount |
q capital seeking temporary employment. The |
oicy Of the Treasury is not 10 be con- I
eon bat indirect expansion OF currency for some time
thess Is rapidly increasing class Of people who argue
Il Ne Summer Of 1866 VIII be marked by rampant
eulson iL the financial oene the result Of an sccn
.atiOp " iDsdesmsts JspOs p0DsS seeking short en-.