New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-09-06
OPEN BOARD OF BaoKEas-s P. Nj.
"WEDNESDAY. September So. NJ


Gold was stronger to-day and quoted at 4 and li6i,
closing Of 1861. The receipts from Europe, California
and the Interior together with the payment Of the interest
on the 1910 bonds will probably prevent any material
advance prior to Nov. J, when about $QCOoOO viii be
released By paying the interest upon the'5-2Os.
The Stock market very dull and Brokers complain alike
Of the absence Of investment and speculation orders
There is a steady fow Of Government, bonds from the
country for sale by country banks and their dealers All
the Gold bearing bonds are lower, and upon the fret
issue OF 1905 there is decline OF J per cent In
State bonds and Railway mortgages small bust
ness. In the miscellaneous stocks little done, hardly
enough to keep them in public notice. Business
in Railway shares is limited and there is no dis
position shown to make largo operations in any direction.
Money is offered at moderate interest gt fails TO tempt
SPECULATION The traffic CT the roads continues 20 decrease
as compared with last season. and II is fact conceded by
railway managers that the balance sheets Of ls66sre 20
show small returns Shareholders Several prominent
roads are steadily making floating debt, and will remain
noa-diyideud for longer period than was expected
when they "teuporary' suspended After the close
Erie sold down to IA, and the market generally was
dull At the Second Board the market wassheavy, and
lower prices we're accepted all the leading shares
After the Board there panic in Erie shares which
sold down to TO- cssinga 70l ans the bulls who have
been buying undorthe impression thathere was to be de-
mando cash stock the closing OF the BOOKS Or the eec
ton having found out that there was demand for the
stock attempted to SELL and on very small offerings the
price broke aud no large amount could DO sold at quota
tons The balance Of the market unsettled and lower
and the tendency for the moment to lower prices Tho
closing prices were; New-Yor Central 1929 1927; Erie,
7Oa s7OI Hudson River 1874 sI2l Reading, ll3sll3l
Michigan Southern, s3t 1881; Cleveland Pittsburgh,
6oS6; Rock Island, 1854 1851 Northwestern, $50
35i Northwestern Preferred, COL e66i; Fort Wayne,
1881.
Money is quoted on call at 4e5 per cent aud loans
running per cent have been put up In commercia
paper no change The rates az for prime and good
S9 e more paper making and ordinary credits only
salable at pee g S<----s-~..
The Citizens Gas Light co. OF Brooklyn has voted TO
increase its capital stock 100000 The Company is in
avery prosperous condition. and its customers arc steadily
increasing.
At the late meeting Of the Clearing House the cashier
of the First National Bank gave notice Of his intention to
introduce resolution adopting National Bank notes as
means Of settling balances. The subject informally
discussed and expression Of opinion obtained, which
resulted in vote Of dsapprova large to settle the
matter at once Unanimous permission was then given
TO withdraw the obnoxious motion, which was not &C.
ceped and the subject will como up in regular course
Foreign exchange ia dull. Bills at go days on London
are quoted at lo'alQA lG sGRlsclel AaleiQa ~