New-York tribune., 1867-05-20
PETROLEUM AND MINING STOCKS.
TIRST BOARD.
SATuRpAY. May Is-r. NJ.
IilirI liOAIiUs
GOVERNMENT DEPARTMENT.

Gold closes at 1861, after selling at l3G.Gl3's The
| exports Of tho week have been $ilHl25, OF which
went to-day, S3.s52.6 .6S5. Tho Gold Exchange Bank
clearings were $5 9 O00 and the balances. 81 10000
| Government stocks are hardly 30 firm and new
520s have sold at l07. and old at 0s. State stocks
are steady aud bank shares firm. The miscellaneous
shares are neglected. Adams Express rose per
cent and sales Of Merchants Union were made ut TO-
Atlantic Mail was rushed TO 1Oil, and Pacific sold
quite freely at 1881. The Railway share market q
lower and business is wholly confined to professional
\ operators and speculative holders, looking for some
one TO buy stocks picked up on the strength of the
growing wheat crop. The public argues that before
the wheat crop is harvested legal tender" will be
than at present, money dearer, and stocks
good deal lower cheap as they now seem, and sure
as their dividends are announced to be. The
latest quotations New-York Central, 9IiO
97.; Erie, G29a62l; Reading, 109lGl03l Michi-
gan Southern, G7!0G79 Cleveland and Pittsburgh
72sG729; Rock Island. sssGssl Fort Wayne 95.2
90! North Western Si!aSH do. preferred, So 93a59i
Pacific Mail, 12S.9i2Ss; Atlantic Mail. 103ial0i; !;
Western Union Telegraph, 42.fd43.
Government securities, 1881, registered, 1lllafll2;
1884, coupon 1l12Qll1i; Fve-twcnties coupon, 1862,
1OS.d1C9 Fiye-twenties, coupon, 1854. l05lG1O5i; /;
Fve-twentes, coupon. 1865, 1OGsSl06 Five-twentes,
cOspon issue, 101ldl0S; Ten-fories coupon, 09i
G99.; Seventhirty notes, first series, lO6.a1O6.;
Seven-thiry notes, second series, 105aO05i Seven
thirty netes, third SERIES 1O5901O5I.
Money as usual on Saturday was in better supply,
but per cent freely paid by strong houses, and
2 upon ordinary collaterals by many parties. In
commercial paper no change. The shrinkage in dry
goods and the futtering in breadstufis created by
the increasing promise OF O full crop and lower
prices, make second rate names hard to pass. The
bank statement will not favor lower rates for money
=. IL %
$4 OCOOO the loans gain of 100000, with an in
crease of deposits of f2OC0000 and gain Of $780,,
coo in specie. Southern exchanges are now against
New-York, and coin and currency are moving in that
direction. New-York is the cheapest money market
on the continent but the difference in rates promises
TO decrease under the demand for capital, which
must be supplied from here TO move the varied pro-
ducts of the West and South at no remote day.
Bills at 60 days on London quoted at 10si6109l
for commercially 109.G1O9i for bankers do. at short
sight l0s610l Paris at 60 days, 5lsl 6j12l do. at
short sight 5.1l!Q510; Antwerp, 5.ls.G5I2i; Swiss
5.ls.Q512l; Hamburg, S6!a36i; Amsterdam, 4lS4!;
Frankfort, 4lG4li Bremen, 79!ds0; Prussian tha-
lers 72i0723.
In Freights the engagements 10 Liverpool are 40
pkgs. Lard on private terms. The Italian brig
Giovanni to Gibraltar. 932 tuns register. at $1,000
gold, and bark from Philadelphia, with Petroleum
on private terms.
The quotations of.breadstufs and cereals are again
lower, and buyers are more than disposed to
operate from hand TO mouth"
Much comment has been made IN regard to n new
and free supply Of old $40 bonds upon the street.
The Treasurer has still power TO sell bonds maturing
in 1882 which may help those interested in accounting
for new bonds. lie has power TO sell any Kind of
5-2Os of which he has the plates ready, and like
good merchant may as properly sell thoses most
fashionable and profitable 10 him. The Secretary is
thoroughly in earnest about funding and is accom-
pshing much under the present case in money. Next
month the compound notes commence TO mature, and
contraction of legal tenders will be more marked.
The Directors Of the Union Pacific Company have
accepted the road to North Platte, and are now run
ming ID on their own account. Webster Snyder has
been made Superintendent, as the successor Of Mr.
e. B. Read, elected General superintendent OF Con-
struction and now lending his best energies to the
extension of the road Gen. Easement expects to lay
three miles of track per day. They commenced lay
ing track on the Goth of April, and had laid is
miles up TO the 18th of May. Two and one-half
miles has been the best days work this season. feat
,aver l,afore on raiiroad o