New-York tribune., 1867-09-05
PETROLEUM AND MINING STOCKS.
FIRST BOARD.
WEDNESDAY, Sept. 4-P. ".

Gold is higher and closed at 1921, after selling at
1i2!914ll. Among the causes stimulating the mar
ket political rumors from Washington arc quite
effective The Scotia took out sll4,5Oo. The clear
ings at the Gold Exchange Bank $50 OOO and
the balance, $l,3CG,5l6.
Government stocks are lower the 6s Of 1862, old
issue selling IA. and the 730s at sdecline. There
is supply Of all issues sufficient to keep the
market dull unless stimulated by purchases for the
Treasury AS the balance of AIr. McCulloch, in cur
rency is not over 100000 he is not in danger OF
becoming free buyer. State stocks and railway
mortgages are neglected. Express stocks higher
for all the old companies; Adams ~ Co
rose II; United States, 2; and American, IT,
The general share market opened with more conf
dence, but the transactions were small The ease in
money and the increased traffic of the roads fail to
stimulate new operators to take the field. This con-
tnued absence of fresh operators TO receive the loads
patiently carried during the Snmmer by the sangune
and more fully loaded bulls, is not regarded by them
as the serious affair which il will prove upon act
i've money market such as the movement of the cot
ton crop and farm produce will create. After the
call the market was dull and Board prices not sus-
tained. At the Second Board the market was firm
Oh New-York Central, the Northwestern shares and
Rock Island and steady on the balance Of the list.
After the call the market was dull and shade lower.
The closing prices were New-York Central 1861 a
lO6l Erie, 'Oia7Ol; Reading 1O9!9l03i; Michigan
Southern. S3!GS3s; Pittsburgh, StGS9 Rock Island,
1O4i9lOis Northwestern, 46sa46i Northwestern
Preferred 703Q7l; Fort Wayne. 1OGi@lO6s
Money is unchanged in rates. Brokers are readily
supplied at 4a5 per cent and balances are left with
favorite houses on Governments at 8 per cent. Long
engagements are stunned and control of capital is
regarded than high rates for its use. CONNER
cial paper sells at Gao for best, and $40 for second
grade Railway paper like the Northwestern can
be had at l5 per cent. Loans for Southern parties
have been made as high as per cent month"; Sc
cured in the strongest manner The demand for cur
rency from the interior continues, and large sums
are passing from the city by express. This demand
has commenced full one month earlier than usual,
managers of enterprising banks" an opportunity of
showing their ability in stormy times. The po-
stion of political affairs in Washington is not calcu
lated to create financial confidence and the meeting
Of Congress is waited for the guarantee of nan-
cial safety by daily increasing number of people.
The following are the quotations of Exchange: Lon
don, 60 days. 109s61 1901 sight 1l0allO,; commercial
lOsi9lO9s; Paris. long, 5l8i short, l2,;
Antwerp, 5ls305.l7i; Swiss 5.ls395l7i; Hamburg,
6sQ36t; Amsterdam, At; Frankfort, 4lQIt;
Bremen. 7sla7si; Berlin 72972i
Freights to Liverpool, 1900 bush Corn at Cd and
per steamer, 49, 900 bush Corn atS863id, 100 boxes
Bacon at 2Os. and $50 tcs. Beef at Ss To Glasgow.
per steamer. 10000 bush. Wheat at 4d., $500 boxes
burg. 400 lbs. Rosip AZ L. sd asLip with 5000 bbls