New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-12-05
GOvKREBEEI DEPARTN FNr
T. & ~ On Conn f62 Il 4 Gs 800 Cp'n t66 NJ =


Gold closed at 1867 The cleaiings OF the Gold Tx
change Bank were $G7.5s5,OOO, and the balance
81 5l4G23 The market is not strong, and operators
FOR rise are not disposed TO make large engagements
Government stocks were barely steady with small
sales State stocks were firm, and new Tennessee %
per cent higher Missouri Is sold at g. In railway
mortgages little doing. Bank shares firm. andin
demand Express stocks were firm at yesterday adj
Railway shares active, and higher prices
were paid most of the list Erie Preferred per
cent Erie Common, ! Reading, Z; Michigan South
ern, 8: North Western Common, per cent do Pre-
ferred, I; Rock Island, (! Fort Wayne !. Lehigh
Valley sold at 1Ol3. and Delaware and Lackawana
scrip at 10. At the Second Board, Express stocks
were lower Railway shares were fraction
lower with moderate sales. After the call
the market continued sluggish At p.
IN. the following quotations were made
Registered Gs 1881 1917 GlO1; Coupon Gs 1881. 12!d
1l2l Registered $685. 1862 1O4a1O4. Coupon 5-2Os
1892 lO73a1O7i; do. 52Os 1864. 1O4. aOi; do. 1865
1856 01O5. do. New 1866, lO1s01O7.; do. 1861 1910
1O74; Registered 1O-40s. 00.Ql0Oi; Coupon 1040s
1Ol 01O1t: 1905 second series 104s a 1914. do. third
series lO4s G1OI Tennessee e., cXcOupons, G3s 0G4
do New, go GG23 Missouri Gs 9jsa9js Canton, a.
ass; Cumberland, 2Gla27! MaripOsa, 73a8i DO,
Preferred 12913l; Pacific Mail, 127sGl273; Atlantic
Mail 1l8allS! Boston Water Power, 17.G1s; New
ferred, SOsGsO, Hudson, 124!a12j; Boston Water
Power, Is. al; Reading, 9JlG9G; Michigan Central,
11Oa1O!; Michigan Southern, sOl aSO!; Illinois Cen
trail, 49,. Cleveland and Pittsburgh. s3as3l;
Northwestern, Gl4GG2 do. Preferred. G64G67 !;
Cleveland and Toledo. ilO2. alOS; Rock Island Goa
9G4 st. Paul, 4ll@At do. Preferred 6l.062 Fort
Wayne, o.. ava Adams, S3as3; Wells &, Fargo 5Ga
IS American, 62!G82l; United States e39S3l Mer-
chants Union 4010
Money on call is abundant at Ga7 per cent. and
long loans on stock collateral offered at per
cent. Commercial paper is not in favor, and high
rates are submitted 10 on everything but strictly
frstclass which is quoted 7l09, and fair names at
1912 Further failures Of magnitude are mentioned,
including a leading coal house.
The action of Congress upon financial questions is
watched in commercial circles with unusual inter
est The contraction in legal tenders made thus far
has thrown many houses Of long standing and hith-
erto GOOD reputation into LIQUIDATION and many
more must follow as contraction proceeds. As Con-
ore and The Secretary Of the Treasury hold opposite
opinioDs upon this point and as no compromise VIII
he made without extended controversy. the year
prouises 10 close with disastrous results to mer-
chants.
Exchange is higher and 60 days sterling is close to
the shining point for gold, 1O9s The rates are;
London. 60 DAYS. lG9l 2lC9l sight, 11OallO!;
Paris. long 516Ia5l3.; short 5.l39a51l4i AntweIp'
5le! a515: Swiss, 51s30515; Hamburg %sG%;
Amsterdam, 4O,4A; Frankfort, ~. G4Os; Bremen
7si G7sl Berlin, 713072.
Freights to Liverpool, 800 bbls. Rosin on private
terms, 1900 bush. Wheat or Corn on private terms
aud per steamer 600 bales Cotton ut Sa.d-the IN
side rate FOR compressed 800 tee Beet AT r. 6d1Ss'
800 bbls. Pork at 5s ed.aCs and 1909 boxes bacon