New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-10-26


things uDfavora~le TO commercial prosperity Unta
the financial policy of the Gov, rnment is permanently
and wisely settled, aud political reconstruction bar.
moniOusy secured, business az now will be done /,
the most cautious manner
The quotations Of Exchange are IA follows: Lon
DON GO days 108.@lCs,: do sight 1O9,0loo,,
Paris, long, 52O051Si ; DO. short, Sl7r05IGI Ant
weIp. 81. 052O; Swiss, 6.2i sD59O;. Hamburg. aga
S3s: Amsterdam, 4O5'04l; Frankfort. 4Gi04OI; Bre
men, 7ss07S.; Berlin, 7lS07l.
Freights TO Liverpool, C0.0OO bush. Wheat at Old,
50 tuns Of Oil at Gs. 60 lhds Tobacco at u.s. Cd; 800
bales Cotton at 51G09d.. and per steamer 200
bales Cotton at 9-i6d. and $1,000 bush. Wheat A
Is To London, 1000 bbls Flour at is. 81. An Anari
can bark TO Bristol Channel with 1000 bbls Flour At
3d., and $1,000 bush. Wheat at U.s. British bark 20
Antwerp with general cargo at lump sum- and two
vessels from Philadelphia 10 Gibraltar for orders a,
IS. 3D.. or 3D.. of If 10 direct port.
Tho business of tho Sub-Treasury was: Rs
coipts for Customs $gJ4OOO; Receipts for Gold No,ss
$4,000; Total Receipts Si.5SGsl5 50. Total Pay.
ments. 81 0S3Sl5 81; Balance SilS,sS9.Si9 Al.
The failure OF Robert H. Taylor an old
and highly respected shipping merchant, IA
announced. IL Is stated that he is largely
committed by the Endorsement of the pager
OF H. w. FIubbell. shipping and commission mes-
chant who has also failed. Both parties have msds
an assignment. The liabilities of 8fr Taylor are said
TO amount to about 81 100000 including the indorse
monts of Mr.. IIubbelrs paper The difficulty in No
gotiatine commercial paper has led to these failures
in part. Whilo banks eau make seven per cent in
assisting stock gambling mercantile paper Is stead.
lily thrown out. and liquidation will bo made necax
sary with houses drifting along waiting for some,
thing to turn up
The following were the gross receipts Of the several
railroad companies whose lines center in Chicago for
the month of September as given in the returns
made to the assessor of Internal Revenue:
Chicago and Great Eastern 5000 -
Chicago Alton and St. Louis. 1880 u
Chicago, Rock Island and Pacific 9iW 80
Chicago and Northwestern 1882 %
Chicago. Burlington and Quincy .-....-. $4,000 10
Michigan Southern and Northern Indiana. 1850
The Chicago Republican of Wednesday says:
Money continues very close and firm per cent per
nnnuIn The extreme cIOseness of the market and tina
difficulty that good many operators IN produce and
merchandise meet with in obtaining loans Is having its
effect on values The prospect is by means favorable
that the market will relax any Of It's present features FOG
weeks 10 come. But little more than month Of
Lake navigation remains, and 10 move the grain crop 70
the seabOard large volume of currency viii be required
The prevailing tone of the money market At points East
is than usually stringent, and the bankers are vory
careful in their selections Of paper presented for dis
count, and refuse all that is NOT strictly fsteass
Speculative paper does not meet with any favor as thd
banks eau find employment for all the means 81 tetf
command in legitimate business enterprises
The Cincinnati Commercial of Wednesday says:
Exchange /, in barely sufficient supply 10 the
wants Of the market and is consequently, quite firm al
par buying l20c premium selling, FOR large bs Ihe
pSTy because OF Tesr feeling on the part Of SSnS
managers and partly because the movements OF tue cur
noticed that there is some falling on in the oierngs Of
the best quality Of paper. but that there an abundance
Itfaf WHICH does not seem to have purely legitimate
s S9y yS49sa ; 5 b gsRs! s Il SS ss
rover than by any competition among lenders