New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-09-10

SATURDAY Sept 81
Gold is higher closing at ll6, after selling at l46i
I7I. The exports of the week have been $4,000.
Government Stocks are firm and in good request There
was inquiry for tho sa"c-i i''us Vi Lows Non
closed a. rvoi LOG firm stateySocks were firm, and
Tennessee 6s rose y cent Louisiana Is sold at par.
In railway mortgages little done. Bank Shares
are firm The miscellaneous stocks were generally
higher. Railway shares were firm. Reading was
the most active stock selling at list Hudson River rose
to m Erie was kept quite steady under reports of large
purchases in view of the election The entire list was
steady, with moderate transactions. After the call the
market was steady at the mornings prices. The mar
ket closes strong: NewYork Central, l03i a 1881
Erie 7Oi 97l; Hudson River l2 9l22 Reading, 1853
9ll5l; Michigan Central, Ill allll Michigan South
ern s320S3i; Illinois Central l220l0ii Cleveland and
Pittsburgh, Sol aS6l; Cleveland and Toledo, l4I9ll4i;
Rock Island 1904 1891; Northwestern, 35i 035ii do
Preferred, 66s s66ii Fort Wayne, lOHSlOii.
Money is moro active, but rates only quoted 495
per cent For commercial paper there is more offering
Best sales at per cent and good at G6 with fair
selection'at7 per cent.
The imports dry goods at this port for the week show
an increase over those for the corresponding period of last
year, and follows:
Entered eS 's s $ss is ee s lssS s 5Sss
rAFs snee On Jam Rf is 1854 1888. 1853.
Entered at the port. s6O652 Je9 s53l26 ls9532663
Ehrown ON market. 50 $50 500 5O62954O 9l,6i2 s27
For the month of August the receipts show large in
crease over those of the month Of former years Al
though in August last year the imports reached the large
figure of $3 i62 49, yet those for the past month
nearly one and half millions in of that amount
Foreign exchange closed inactive and dropping for the
steamer Bills at 90 days on London quoted at 1860
1851 for commercial for bankers do at short
sight 1868 alO7l Paris at GO days, 5.4OS5.32I do at
short sight, 1924 0j.3e; Antwerp, 54095.32l Swiss,
5.4O0532I; Hamburg, 35a3jI; Amsterdam, $685.;
Frankfort 39i a4O Bremen, Isl an Prussian thaers,
69I97Ol
The business Of the Sub.Treasury was: Receipts
s2Ol7 1873 O9-tor Customs 1855 O0O Payments 81 49,
95i co. Balance, ss563,995 Os. Gold notes, $652,OOO
The bonds of the State of Tennessee advanced to the
railways of the State, frst-mortgage lien upon the
roads and their equipment and all other property equal TO
about 900 per mile the whole original cost averaging
full $4,000 per mile. The roads are owned almost ex-
clusiyely by local stockholders and but few if any, of
them arodncumbered with second mortgages or other in
debtedness Nearly all the companies promptly provide
the State Treasury at Nashville the 18th Of June and
18th of December Of each year. with their respective
quotas of hafyeary interest to be paid in NewYork on
the LIST of July and LIST of January following The faith of
the State pledged to the prompt payment of this
in New.York, whether so provided not No default
had ever occurred up TO the Rebellion and since the
intervening arreaages Of interest funded and cash
payments resumed on both the old and new bonds atss
conclusion The railway companies before the war paid
q per year Of the principal of the debt to the State
They pay per cent year to this object in iconsid
GRAFTON Of the release Of the five years aeaages TO this
sinking fund. The original irs-mortgage lien upon their
roads, equipment anda other property is also increased
to the extent Of the aeages Of interest funded and as
sumed by the State The present situation Of this direct
railway debt Of the State Of Tennessee by the
per bonds known TO the New-York Stock Exchange
is as follows:
Original Bonds at the rate Of $4,000 per mile say
l.
Arrearages OF interest funded into new bonds Of
tenor. 5O7
Advanced to Roads, not completed and TO Roads
for which the State indorseT since tho ol93O
oiu Sl9,9t-,5Jl
The original Endorsements of the State Railway Bonds
at the rate of $4,000 per mile amount to 81 600 and
City of Memphis Bonds $3.50 OOO in aid of Memphis
and Little Rock Road. The State Debt other than for
Railways, amounts to g. 7nl6o including al lrrca,gos
Of interest flDlad sf'Ar tho wax