New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-05-07
SATURDAY. NAV 5-P. NJ.

Gold opened at l27l and under reports Of heavy ship
nents rose to IL closing at ~. The shipments were
t99l SIS of which about 100000 in Mexican dollars
and gold bars
Six per cent Government goldbearng stocks strong
Na small advance ard for all issues Of 1905 and com
pound notes there is good inquiry at un prices. The
l040s not active and no large sun could be sold at
quotations II sreported from Washington that MI Sher-
man bill has a reasonable chance of The railway
and general share market oTenelsr and advance was
paid on several stocks After the CALL in the absence Of
many operators as AL on Saturday, prices were lower
AID closed dali The market is almost wholly supported
BY cques and the abundant supply Of money at low rates
.oes not stimulate much new speculation. Operators
disposed realize upon small profits and strong upward
movement the result OF general buying the part Of out
Cde spectators does not look imminent. Tho April
afc Of the trunk ROADS, the Ere NewY ork Central and
Fort Wayne will be Published at the close Of the week.
and viii not stimulate buying the ground Of solid in
vestmcns based iIcome The small stocks were not
scye except Marposa Preferred which sold up to 26i
down to 25 and closed at IS. Tie last quotations
were: New-York Central, 921 a92li Erie, 71!e
"a; Hudson River, lOgallo3i Reading 1919 bid;
Michigan southern, nj 77s Cleveland and Pittsburg
Ei Rock Island, 1874. al24i; Northwestern 29l
p9,, Preferred Ga a6l3; Fort Wayne, 1905 a 1901.
Canton So ass Marposa Preferred, 2jl 02ji; Quick
nlVer jil bid.
The Bank President. upon whose information stated
thai Clearing House had decided that the Bank Of the
Commonwealth comply with the rule of the Associs
bon and take back from the Continental the Ross check
wa strictly correct The referred TO the Ar
filtration Committee bat its report hardly be doubted
Cnss the rule Of the Clearing House enforced bank
tould with safety remain in the ASSOCIATION.
Money is quoted abundant call at per cent but
good deal done per cent and less at per cent,
sept In rare upon Government securities and to
favored parties Commercial paper passes at a. for prime,
md for good The failure Of the Merchants National
Bank Of Washington under the very eve of the Treasury
Department has made money lenders cautious and
fven shock confidence which il will take time
20 restore The extended loans and deposits upon which
National Banks making such large profits, based
Spon transactions, and with dealers such caused
Che suspension Of Culver Penn Co and this Washing
teD Bank and deceptive and dangerous If the loss
ssade by the Government through this rotten bank
The Secretary look sharp after all his deposit banks the
waning may be cheap al 100000 II is stated that
resolution will be promptly offered looking 10 the transfer
bf the deposits Of the Government 70 the Sub Treasures
At this moment the deposits Of the Treasury form the
basis Of much speculation and defer the specie
payments. 1t will not harm the public credit TO make
general call upon depos, banks and large payment
DE temporary loans.
TIE business of the Sub-Treasury vas Receipts 49,
go Do lS-for Customs, $il7 900; Payments, sl5-
b0l i79 Sc; Balance, $933269s5 ~ Gold Notes, $780,
e00
In freights, the engagements TO Liverpool are 1900
bush Corn at DID, and per steamer 50 bales Cotton al
ID, and to London 100 tuns Oil Cake at ljs.
The total imports for the week compare as follows:
Week end. ....... May April &c. April ls. April IT,