New-York tribune., 1867-08-22
PETROLEUM AND MINING STOCKS.
FIRST BOARD.
SALES.
WEDNESDAY. Aug. 21-P. NJ

WEDNESDAY, Aug. PIP NJ.
Gold closed at 1fi. The clearings at the Gold Ex-
change Bank were $59 27S OOO and the balance, 81,
2b.2l9.
Government stocks continue to dTOOp, the QUOTA
tons Of to-day showing general decline of 30s per
cent State stocks and Railway mortgages are lower
and not salable, except in small amounts. Bank
shares are steady. The miscellaneous shares are
lower Western Union made a sudden break Of IL
Der cent The Railway share list is dull and lower
quotations made at the Board. After the call the
market was quIet and the biddings confined to
triAiug lots At the Second Board the market dull
er the call there was further decline in the lead
tD. shares. Michigan Southern and Northwestern
stocks were the weakest. The market closed unset
tied and irregular. with q tendency 10 lower prices
The closing prices were: : New-YOrk Central 1864
1O5i Erie 6S.G69; Reading, 1O3g01O4; Michigan
Southern. S0.GoO. Cleveland and Pittsburgh, Ola
% Rock Island, 102.a1G2s; Northwestern Com
mon, AlG443 Northwestern Preferred, 6s. GG9; f;
F,-t Wayne, l04 bid.
Ioney is in more demand, and under the continued
{ land for currency from the West, banks dis
ed to great caution and demand higher interest,
wnich is readily had, from all borrowers. Call loans
are quoted sac with exceptions below on Govern
ments Commercial paper passes at Cal for best.
and sac for second grade
Express stocks quoted follows: Adams "A
074i American. 72iG7S; United States, IS Wells,
Fargo g. Co., G6967; Merchants Union Is p. Co. I10
10; Merchants Union, 30 p. c., 17sG1S.
Exchange is quoted as follows: London, 60 days,
109l0lO9s sight, 1lOGll0!; commercial 1904 l01O9l;
Paris, long, 5.l1Q515; short, 5l5G5l2i; Antwerp
b.lssG5I7l Swiss, 51s9Q5.17I; Hamburg, S6sGS6!;
Amsterdam Az; Frankfort, 4lG4ls; Bremen, 7S5a
7Sl; Berlin, 72072s.
Freights to liyerpOol 200 tcs Lard at l5s and per
steamer 1900 BUSH Corn at 4sd, 1900 bbs Rosin at
es 3d. $50 ties. Lard at 2ls 3d.; 100 hhds Tallow at
as. 3D. and 900 boxes Cheese at 2js. To London
1000 bbls Flour at Is 3D., and 400 bbls Rosn at o.
To Bristol: 500 bbs ROsin at 2s. Cd vessel of 800
tuns TO Capetown with general cargo at a lump
sum.
The transactions at the Sub-Treasury to-day were
Receipts for Customs, $575.O0O receipts for Gold
Notes, $S60O0; total receipts, $3132O25 A; fetal
payments, $1,57 ,0S2 81; balance, $l3S 47sISO SO.
Speculation in the stock market continues To droon
and at the reduced prices there increase of buy
srs The market is in full control Of cliques, which
have loaded themselves in the belief that good crops
and cheap money would stimulate speculation to the
degree of activity shown while paper money was
being issued by the million daily. Their hopes with
regard 10 the crops and money have been more than
realized, but instead of a growing speculative
feeling in the community, great prudence pre-
walls. II begins TO be that the payment of the
compound notes is contraction, which impairs the
profits of banking, and that it will steadily reduce
bank credits and raise the price of money. The de-
sire to sell United States stocks TO obtain money for
active business continues and promises to increase
1here are Just now two processes going on in the
money market Ibe hIgt 10 the destruction by pay