Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1866-11-28
Financial Matters.


New York, Nov. 27-The Posts money
article says: The loan market is abundant
ly supplied at per cent. for call loans,
and there is fair volume OF transactions
at per cent, with general tendency to-
wards easier rates. Discounts are quiet at
7per cent. Very choice names pass at Go
612 for short date paper. Good bills are
quoted at 500, with slow sale. The stock
market is active but feverish. Govern
ments are better, in consequence, partly,
OF the recent short sales by speculatOrs, and
of the demand for foreign account, but
chiefly from the large and increasing in
vestment demand. The last named cause
influences chiefly the 5-20s, anu to a less
extent the 7-30s; but almost all description
of Government securities is improving in
sympathy. After the regular board the
quotations were: New York Central ll319,
Erie 73, Hudson River l22, Reading ll31a
Michigan Southern S31S, Illinois Central
ll9A, Pittsburgh S614, Northwestern Az,
Northwestern preferred 70, Toledo ll414,
Rhode Island 10515, Fort Wayne 1865,
Ohio and Mississippi certificates 305S.
The advance in gold has put down the
value OF old 5-2Os 1saM below the London
quotations, and from the few purchasers OF
bonds by foreign bankers this morning, it
is evident that certain supply of bills will
come from that source, and this considera-
ton has checked the buoyancy of the mar
ket. The upward tendency in stocks was
sustained at the morning Boards, but be-
tween Boards there was a reaction, and
prices fell off 15al per cent. Erie Is one of
the most prominent speculative stocks. A
strong clique stand committed to higher
prices, having bought large amounts of the
stock previous to the fall in quotations.
There is, however, considerable short in
terest in the stock, and the upward move
ment is disputed at every step. Govern
ments are more in demand, especially old
5-2Os, owing to the decline in gold.
Dry Goods Market.
The dry goods market has again relapsed
into a state of comparative quietness, and
| there is but little variation in prices to re-
port to-day, as in the absence of buyers
there is no call to reduce prices; were there
a demand some concessions would be made
on large lines of goods.
NEW YORK, Nov. 27.-The Posts Wash
ington special says: Prominent Southern
men have urged Secretary McCulloch to
recommend to Congress a reduction of the
tax on cotton.
-.v Coal Trade.
The Delaware, Lackawanna and Western
Railroad Company sold to-day 10000 tons
| OF Scranton coal. The different varieties
sold at decline, varying from forty-tive
cents to a dollar and half per ton. The
| coal is delivered at ElizabethpOrt in tons
of 2 240 pounds. Lump sold at an average
of $3.50, steamboat $4.25, CRATE $780, egg
$4.95, stove $5.42, Chestnut $3.50.
The regular Board of Brokers, by two
thirds vote, have this day removed the re-
striction compelling members of their
Board to charge one-eighth per cent. bro
kerage. Members of stock exchanges can
now arrange their brokerage charges with
customers.
Private dispatches from London to-day
quote U. s. 5-2O's at 7O1E.
InveAtlgatiOn of Ihe DistilIery
Cnses.-DeaIh of Naval Officer.
New York, Nov. 27-The investigations
of the Illicit distillery business in this city
still continue, and to-day additional distil-
leries and a aquantity of whisky were seized.
The streets are full of all sorts of absurd
rumors this afternoon as to the relation
with England, Mexico, &C., but though they
are pretty well understood to be the merest
Inventions. The spectators have used
them with success to run up the price of
gold several per cent. Parties who bonght
in at 1917 last week are now enabled to
sell out at handsome profit.
The Macenna Chileon Torpedo case was
to-day ordered to stand over till next term
of the U. S. Circuit Court. Lsf
Captain Abraham M. Brevoort, a well
1 known officer of the marines, for four years
past, in command of the naval recruiting
rendesvouz in this city, and for three years
previous in charge of the naval recruiting
station at the Brooklyn Navy-yard, died in
Brooklyn yesterday morning,aged "a years.
lie was for six years in the marine corps.