New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-08-29

TUESDAY. August 2s-P.
Gold is higher and has been loaned at 3l6ths. The
closing price is I4s, and the extremes of the day l4Si
I49l.
The transactions in Government stocks has been larger
han usual but the advance of yesterday not sus
tanned The market is strong at the prices In State
bonds and Railway mortgages changes of importance
Bank shares firm. The miscellaneous list Is not spe-
cay active. The lowprieed kept industrious
" before the public but there is no disposition shown 10
buy them The Railway share list is steady but the ease
In money does not increase the speculative spirit People
fully realize that Railway property is valuable to the
travelling public owners and parties having
freight move than tho stockholders and act with much
canton. Most Of the stocks sold daily at the Board are
quoted extravagany high rates. upon their capacity to
. pay regular income and buying them for ga turn IL
hazardous After the call and the announcement OF a
holiday tomorrow prices ehgher Attic Second Board
the market frmer with the exception of Reading,
which broke TO I4s on the recommendation Of the col
hers to stop work the LIST of October After the Board
the market was steady and closed firm at quotations
New-York Central 1O40lO4i; Erie, 1904; Erie Pre-
ferred, n as Hudson River 1881 ll9l; Reading ll4
Oils: Michigan Central ll39ll3l; Michigan South
en- s5l 0s5t; Illinois Central, 1891 1885, Cleveland
and Pittsburgh S71aSs; Cleveland and Toledo, ll34a
Il6; Rock Island 1921 no. Northwestern, 36i 031
NorthWester Preferred 6Sl a6Ss Fort Wayne lO54a
1861; Ohio and Mississippi Certificates, 29i ai Canton
Company, $685. Cumberland Coal f4a4S
Money is abundant at as per cent on call and stock
brokers have no use for the offered to them In
commercial paper no change.
The ease in money produced BY the payment Of the tenn
porary loan having very beneficial the funded
debt Of the Government and large which have been
left with the Treasurer per currency interest
being renvested In federal god-bearing bonds. These
securities have decided preference, not being liable TO
the shrinkage that attends railway property. Federal
bonds mortgage upon JAIL the capital aud labor o.
the country and have solid claims 70 confidence not
found in most of the railway shares sold at the Board
which with the largest earnings their history have
stopped dividends in cases and borrowed them IN
Others This list includes the Ere, NewYork Central
Michigan southern, Cleveland and Pittsburgh, North
Western, and Toledo and Wabash.
There is large supply Of Exchange drawn against
United States stocks and sales of prime sterling at 60 days
have been made as 1861 Good offered at 1861 1861
The rates are London, prime bankers, 60 days, 1850
1867; London, prime bankers, s.ght, lOi4' Paris
bankers long $685. $3.50; Paris, bankers, short 53OG
527i Antwerp, 53j; Swiss SIS, Hamburg, 3Js a -.
Amsterdam, 4OaiOi; Frankfort, 4O!ah; Bremen,
~; Berlin, 5lS7li
Special attention is called 10 the card ofhe Tennessee
National Bank ~ Memphis which is enlarging i,s
capital It's business large and profitable as will be seen
BY its quarterly report As q commercial enterprise
the investment has much promised, and rs President
should not GO home unsuccessful
The Stock Exchange has adjourned over Wednesday.
and Wsl-st' generally will keep holiday upon the
occasion Of the Presidents visit.
good deal OF putting is daily done for Realing AID
parade made Of the figures of s tunnage accompanied
BY predictions OF rise tho stock TO 1909 1875 The
suit has been that clique who bought largely a, 1864
IO7 have been selling out at Ii5i9lH innocent out
sders who will resell it TO investors a, about PAT TIE
facts are that the Reading Companys cash receipts for as
coal tunnAge than 81 900 less than last year
and its tunnage 900 tuns greater Of course It's
penses $500 900 greater making 81 100000 differ
ence in its relative cash net receipts for its coal business
1t has no interest in coal property The Pennsylvans
Coal Company, Delaware and Hudson, and Della.
ware and Lackawanna Companys have TO counterac this
loss under general soppage of the Schuylkl County
operations which may take place early day. It's
balance sheet will be any thing but encouraging.
The Prouidenoe journal OF Monday says Of Printing
Cloths:
The market opened with several buyers FOR moderate lots
the then current prices and rapidly advanced a9ou, hs
being make sales OF prints al advance the
market hes gradually sofened aga0 closing rather tame
I3Ic offered aDd 49, aud 4o asked The following the
tOx4 l2lo u 900 do 64x64 l3c.; 1900 do 6H6 1879
500 DO eiS6 I3c 10 coo do 6ix6i lac 10000 do GI1G4
Ire Total. 1880 pieces
The Chicago Republican Of Saturday says;
convention Of the national bankers Of the North
West will be held in this city on the l2lH OF September
next In uauv respects this will be one OF the most
important commercial meetings ever held 10 the vest enc
fol attendance expected We are hO aware tuat
the has other object IN view tnhh 70 pass
measures which will tend protect the West against the "a
paciiy the INDEPENDENTLY was but it rs more haa
fkely large variety OF subjects viii be dcnssed-I
eodng payment Of interest deposits the redemption Of
national the United States redeem their notes
either in New York Boston PhadephiA-aDd which Wall
street attempted force through Congessw probably be
discussed and the matter placed before the public IL ia true
light
TIE Chicago Tunes Of Saturday says;
Tn. ld,ue discopnt houses report active demand
money which sprung up few days since a. aiin continuing
and N ANYTHING increasing The demand bom the country
hanks IL now small they have generally drawn their
balances 10 The lowest point their drafts are now IN the
pnau confined collections thew fend or the amounts
which are dsF passed % ther credit The commission me
however are borrower Of money 70 send y thsi
soffepopdonf IN %, o0uu 10 b ust- ~ The gufohst' o.