New-York tribune., 1867-02-19
OPEN ROARD OF pROkERs-lO 4. VI.
MONDAY, Feb. is-P. NJ.

Gold closes at 1867 The fluctuations of the day
were only per cent.
Government stocks of all issues are firm, and in
some cases higher The old 5-20s, which are quite
scarce sold at 10 per cent and for the new issue Of
1865, l05l was paid. The disposition TO fund I5Os IN
creases and the Department promises 70 be fully en-
ployed in this affair very soon In Railway mort
cages, State bonds and Bank shares, the dealings
were small at former rates. The general share
market is lower, and for one new buyer there are
two sellers ready to close operations If
they can get anything near cost. Pacific Mail fell
20 145 decline Of 81 per cent and Atlantic Mail 10
e7i fall of per cent. The rest of the share list
was heavy and no large amounts could have been
sOld at anything quotations. The market ls
wholly without clique support, and many stocks
need nothing but a little Tightening of money to
send them downward rapidly At the Second Board
Government stocks were still higher; old 5-2oS
were quoted at 1lO.G1lO2, and new of 1865
MT 105ta1O6. For Pacific Mail there were
buyers at 149l an advance Of ~ per cent from the
morning board. The general market was higher,
with a moderate business. Erie sold as high as jjs
After the call the market quoted as follows {;
New-York Central 1OOs @lOl Erie 55s a55s Cleye-
land and Pittsburgh, s00S0! Michigan Southern
V9t072s Reading, 1O8. 1888; North Western, 354
654; do Preferred, 65sa G54 Rock Island, 97lG9I4;
Fort Wayne, 969G96l.
The open Board of Brokers has appointed
Special Committee to secure site with view to
building an Exchange. The business of this institu-
ton already needs much larger premises than
now occupied on Broad-st.
The money market is fairly active AT Ga7 per cent
on stocks and lower rates only made on Govern
Tnent cOllaerals and to favored parties Commercial
paper sells at per cent for best names The Bank
Statement is not what borrowers expected The
specie shows loss Of 81 1854 63 which has found its
way to the CustOm-H House. The loans increased
92SG2OOO while the deposits show loss of 81 10000
The legal tenders are reduced $2,9S6,0j2. These
changes reflect the operations of the Treasury De
partment which without doubt is selling 52Os with
view 10 buying compound notes on 1905. AS the
Secretary is master of the situation, there Is no good
reason why be should not sell all the 59os the market
will take absorbing sufficient currency BY the pro-
cess 10 force the 1905 and compound notes down to
point where lac can buy them at profit
Exchange is firner and quoted at 10Sa for leading
sterling at 60 days We quote London, sight, 1904
commercial, lO7. 7.a1OSl; Paris, long 51s!05.17I !;
short, 51Gl G51j Antwerp, 52l405.2O;. Swiss 5213
959O; Hamburg. 3G.aS6s; Amsterdam, A!G41s;
Frankfort, 4l!G4!; Bremen, 7sI079 Berlin. 12ia
T2a.
There is some speculation as to the effect upon ex-
change and gold by the demand for money 10 pay the
expenses of Americans in Europe during 1867. For
this purpose the amount is placed as high as $75
OOO but this viii not, in all probability initiate
the price of gold from the simple fact that the de-
mand for American stocks in Europe will continue to
make them the cheapest funds TO take abroad. IT, as
the people at large hope viii be the case harmonious
action between the President and Congress is secured
In regard to reconstruction Federal stocks win to
Europe large amounts to the present advantage Of
the country, and supply more exchange than is
wanted for any purpose. With harmony restored,
there is every TO expect demand for United
States 6s sufficient 10 attract gold from Europe in
short time.
Freights are firm. The engagements to Liverpool
10y steamer are 1000 bush. Corn at sd 1000 boxes
Cheese at 45s.; 80 bales Cotton at I'd. To London
800 bbls ROsn at 2s.6d., and 1900 bush. Barley at
CID. bark from Philadelphia to Marseilles with a
fnil cargo Of TallOw at 7-l6d.
The business OF the Sub-TreasuFy was Receipts,
sj,972,js5 l3-for Customs, $4,000; Payments,
t342l 4l3 80; Balance. s12l 1861 6l-Gold Notes,
t6l.0OO.
The earnings Of the Chicago and Northwestern
hallway Company for the second week in February
were
tsc7 t4s2 A 1886. t22 Gas 20 Increase s2OG62 %
These figures are large, but they are not, we infer
BON an equal length Ol road in the time compared