New-York tribune., 1866-04-25
oPgs BOARD OF BRoKKRs-3i P. N.
l. .lNl.. A. AZ w lRaallnn
TutspAy, April PAP. ~

1CtsDAi, Aprl 24--P D.
Gold closed at l26i al26i. Cash gold has been more
ssandant and was borrowed readily at l-3@d'
oyern,oept stocks were strong and not affected by the
As.hne reported in London caused by a,psnc in Frank
ssrt. The transactions largo in sos, OF which
aO 600 of the Issue Of 1862 sold at 1861 The lO4O
toh another upward turn and sold st Ssh For 1905 the
asmand was good at I0lialO2. NevYorf State Bounty
Loan sold at lOll. Railway mortgages were wanted at
sui prices Bank shares only offered ID small parcels
The general share market excited, with large bus
ass ct higher rates. The defeat OF the bill for the reei OF
tle NewYok Central caused decline of II per cent in
,he stock which was freely offered st long sellers options
Al the Improvement there good deal OF realizing
and part of the advance lost, Michigan Southern fall
ms "a and Pittsburgh per cent. At the reduced quota
lions buyers appeared and the market recovered quite
rapidly At the Second Board prices were steady and
more disposition shown to operate than fora long
time The last prices follows Canton, 5ii a59
Cumberland Coal 4i345; Quicksilver 53d.53l; New
York Central 921 092i Erie, 73l e733; Hudson River
,ees 1904, Reading, 10il aleii; Michigan Southern,
b; oS4 Cleveland and Pittsburgh, s1i GS53; Cleveland
and Toledo l040l04i; Rock Island, l2l @i2i4 North
Western. 2si a2si ;sNorth-Wesen Preferred, Si 05Si
Eort Wayne, 1905 eiooi
Money call is growing In abundance al stlI lower
sases Large amounts are offered st per cent and as
lev as per cent would be accepted for round sums
The hesitation of the Treasury Department i'll proposing
funding scheme the fear Of the cholera which checks
ihe sosire 10 make g engagements aud the fact that
sbe Weet will make It's usual large demand upon the
Atlantic CITES for currency to mc7t the crops unite in
rroducine an accumulation OF ,rey call such has
ya,ly If Fever been known in this cy The Government
shows no disposition TO retire the deds OF millions OF
sauency produced by il under he stimulus Of the Re
stpion, and il is steadily finding . way to tie com
,eNrcial eenters, who're It viii not long
senaip idle TIE purchasing IoT0 Of paper money IL
poater than al any time since 'ce Rebellion was ID in
pscTess and is consequently dangerous paper
Aelsr and gold dollar stand at 100 audi 70 instead o
lco and 80 and unless the amount OF currency reduced
The year 1866 will witness rampant speeulatons with
specie tending toward par when the Government issued
Sc millions OF credits per day, and gold promised
70 touch the premium reached in the "Confoder-
sey." The activity Of. war, which fully employed
svey dollar Of currency the Treasury could command mas
been succeeded by the rpose Of peace reduced prices Of
commodities and consequent diminished employment
sor currency The Money market presents the anomaly Of
% excessive amount of capital seeking on short
vasements ct nominal interest, with general indis
eostion 10 engage in commercial enterprises,
TO buy long paper representing the business Of es
sting houses. This condition Of affairs has been
pSauced By the bold theories Of the Secretary OF the
Trsssury and his neglect to reduce them TO practice
People win soon tire Of waiting for the Tressuy or TIE
sAssrs and enter into ns6 aho spsculsuons such g On
.Aadpeu 9Hk x9Ry lH2 .&a Y diEas!S IL