New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-04-20
NJ
Mich. so. g. n. /.
THURSDAY. April lo-P. N.

THURSDAY. April l9-R N.
o.closed at l27 after selling at 1919, and has been in
tctve demand all day.
An descriptions Of Government stocks are strong and in
demand and the complaint among obbers is Of want Of
securities TO sell For the 1905 l0i has been paid and
sr the compound dealers gettisg par and inter-
est for s the issues The compound notes. the 1905 and
certificates OF Indebtedness yield the holder about per
cent per in currency. The rate Of interest and the
knd Of bonds the Secretary of the Treasury will offer in
bic next proposition fund the currency debt is good
deal debated, and be lie strongly urged TO re-
reat the financial blunder Of the Spring Of 1861,
ssd offer S per cent bond That weak yielding to a
sAmor for per cent bond deranged the operations Of
she Treasury aud made the issue Of 80 in currency
y, TO say nothing of forced loans the form Of com.
pcuDd notes and its resulting damage the business Of
Tie country What the Treasury needs is bond which
viii absorb the compound notes. temporary loan, and the
certificates Of Indebtedness in full This can only be
found in per cent gold security, and it will be great
HpaDcisl if il be accomplished with 52J
eond With specie payments restored per cent gold
soBds are not desirable security in country
vbere people accustomed TO scramble for capital
ct O. Zoe per cont per There is present de-
uspd for such bond and those who persuadng the
Secretary 10 repeat the experiment Of 1864 will realize
he fact if the attempt is made to fund the debt at rate
below the fair price Of money In the United States.
lie oIOek market ~ Oy reports
holers and disposition is shown to close up. The coal
oeks fairly steady ard not affected by the report of
sTike in the Cumberland region. The most productive
veins Of bitumnous Goals sold in Wafst is located be-
tween Broad Wall, New-ss. and Exchange-pace where
operations rarely suspended At the close Of business
be market steady at the following rates: Canton 5s
s32l Cumberland Coal AL AT; Quicksilver 50l 500;
haposa eI2i; do. Preferred 2li 81 American Gold
n; Nev-York Central, 92i 093; Erie 72a s72i Hudson
River 1854 el09 Reading, 1921 al02i Michigan South
IN. soi 9s0i Cleveland and Pittsburgh, 79a79ii Rock
Island, 1854 0lsii Northwestern 90! o2ei do Prefer
ed, 5ss 056a Fort Wayne, 92i a92l
Money is abundant OF per cent, and good deal is
oABed upon Government securities at per cent For
commercial paper the rate 81 per cent sag for
-eooDd grade and l00l5 for usually considered
Good.
Sterling bills not strong and be had at second
aDd cheaper than at the counters Of bankers Best
bsd at l0 and Francs at 523l 0522 for long dates
10 rcighs the engagements to Liverpool 100 bales
cotton ct 5l6d and per steamer 900 bales do at ID
London per steamer 1000 boxes Bread at Isl 50 rolls
leather at 30s; IS bales Hair at 30s. TO Bremen 200
TOsehes Mahogany at u.s.. Mecklinburg bark 20 Rot.
'cIdAm at 25e
The business Of the Sub Treasury Receipts 81 49,
% 54-fOr Customs ti4sOO Payments, l32l7 96 "a
en- account of Loan, $79,OoO Balance $o2 2SS 49,
iold notes, $sl7 600.
Law recently passed In Virginia requires foreign in
rsnee companies doing buseess in that State to deposit
1000 to $4,000 according to their capital stock, with
re State Treasurer who is 10 see that the companies make
.ood their obligations
Notwithstanding the depression of the oil trade the re-
ed receipts Of Petroleum at Pittsburgh have increased
oe The LIST Of January 2l582 barrels Last weeks re-
pts Of crude BY the Allegheny River were among the
- gest ever reported.
be Central National Bank will pay May semi-annua
g roeDd Of six per cent, free OF tar.
h. Chicago TTitaAe Of Tuesday remarks:
1sSEsax .xkei erelS scys ara slesA ILa