New-York tribune., 1866-04-26
oPKs BOARD OF BROKERS'. Pm.
wEpNEsDAl hrri -5-P
I'D closes at l2l Cash Gold las 'en scarce for

WEnNESDAl
cd closes a. lal. Cash Gold Las eco scarce for
selvory, and / has BEEN the ,2aaiag rate. -, 81.
Government stocks are s eeti;e fsq6est, y saea G:
l04Os at s6 For the Second series Of 1903 l0i Is the
skne rate with sales at lO2. The indications that
afve Der cent loan will be offered in exchange for cur
,enoy on the short currency debt Of the Treasury The
,lan most commended by parties having the ear Of the
Secretary is to offer an absolute thryer FIVE per cent
loan.
Before doing this the market s 10 be prepared by sup
porting l0iOs and reducing the temporary loans, thus
rres ng eut Of legal tenders which must remain IDLE OF
e into stocks or commodities The theory Of those who
hyor renewal Of the unsuccessful attempt OF 1864 in
sve per cent bond is that the country is 80 great
md credit hg g natural sequence, that capital
wi cease to be regn d the laws which govern money
and rush 10 the support Of at country blessed with
f17O0OoO 900 Of debt The probability is that, under
free payment of the temporary loans By use Of the legal
tenders under control of the Treasury rher reduc-
hoA will be made the rate for capital shor engage
usnts and stimulus be given TO speculation Of all "a ds.
is not possible 10 make money market easy enough 10
Scat five per cent bond at without hrst advancing all
railway mortgages and shares reasonably rtan ofpayng
ype1 cent to very high prices The proposed plan OF
giving the financial patient little moro tonic,
and while il is under excitement funding the cur
rtncy debt at FIVE per cent, has its charms to those
Who WISH 10 escape from
paper without hurting anybody The safer way would be
% offer the usual price for money upon bond be
paid at maturity. This would afford Reduction of
currency material decline in gold, healthy liquidation
Of speculative engagements and general return TO
healthy internal and external commerce.
The share market quite strong early in the day. but
a the stock market the full quotations not main
saped After the call the market mer and buying
quite spirited More outside orders reported and to
The spectator the Stock Exchanges begin to have the same
s1cited appearance which marked operations in that
quarter during the Rebellion. At the Second Board
She market was frmer with the exception Of Erie and
Ser the call all shares in active demand. NewYork
Central strong and sold high 93i. Canton 56l.
Rock Island 1921 The North stocks very
strong on reported increased earnings and closed firm at
quotations. The closing prices were: Ohio Certificates
2e! Q26l Canton 56S 956f Cumberland Coal, asa 45!;
Quicksilver 521 9523; Mariposa l2 al2i; Marposa Pre-
fered oil G22 New-York Central 93I G93i; Erie, 73i
73i Hudson River, lO9l0llOi Reading 1915 1885,
Michigan Southern. s3l 9s3i; Cleveland and Pittsburgh
BS asa; Cleveland and Toledo, l05alO5l Rock Island
l22Iai223 North Western 29t a29I do Preferred, 59S
SCI; Fort Wayne 9i9s9i
Money easy at "A per cent with business in special
cses rates. In mercantile paper change to
notice; 6, al the for best bills and ss9 for fair.
Sterling Exchange is firm, with moderate demand
Prime bankers GOdays sterling quoted OS francs, long
date, 5.233 1921.
In Freghs, the engagements to Liverpool 400 bbls
Rosin at Is 3D.. 1000 bales Cotton at 9-32s a5-l6d
And 200 Hides at 7s Cd. To London $50 bbs Rosn at
D. To Glasgow, 40 TINS Leather at ASS. To Hamburg
per steamer 200 bbls Rosin at S. 3D. bark Antwerp
With Lumber at 1s Cd.
The following the exports from New-York for the
vesk ending Apnl a. and since the beginning of the years
yu the week .t8sss.sO7 sa7fss2 .SHi .ssss;al
Previously reported. .<5sl6,s6l ae.oos47 7a.2o9372
Since January e495s676s teoll6l59 s79464 s93
The earnings Of the Chicago and North Western Rail-
way Company for the third week in April were;
iss sl24 7s3 50 1865 100 80 Increase ee3 20
The business Of the sub-Treasury was: Receipts,
faC2.SE aS-fQ, CustQuA A3fnQQpi Payments. &C.,.