New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-08-12

Government stocks are steady, with q moderate
business. New Tennessee Gs fell TO Co. The stock
market opened dull and throughout the day business
was done upon a small scale Prices, after tho call,
advanced, and Erie sold high as 7O5. North West
ern stocks were in renewed demand. The market
closed dull and steady The closing prices were;
New-York Central lO4I01O5; Erie, 70!67Os; Read
ing, 5I61O5t; Michigan Southern, Sls0Slt; Cleye-
land and Pittsburgh, 94a9il Rock Island 102IG103;
Fort WAYNE, 1O5301O5l; North Western, 47ta47S;
Northwestern Preferred 7Ol97O!; Ohio and Missis-
sippi Certificates 27sG27l; Pacific Mail, 145a0l45i;
Western Union Telegraph, 45lG4j3.
Money is offered freely at 304 per cent OH Govern
rnents and sac on mixed collaterals. Commercial
bills pass at 607 for best and Sa9 for second grade
Foreign Exchange closed dull for the steamer.
Bills at 60 days on London are quoted at 1000
1904 for compefcial 1O9,@l09i for bankers do. at
sh5f sight, lV9IdllO! Paris at 60 days, 5lS.a51Ss
40. at short sight, 512i051lt; Antwerp, 5ls.@
5.1S3; Swiss, 5lS205lSs; Hamburg S5s@Ss; Am
sterdam. 40s0At Frankfort, 4OINAi Bremen, 'o@
ISL Prussian thalers, 1i072
Freiohts are frmer The engagements TO Liver
nool Der steamer, are 1900 BUSH Corn at 5td, ana
aOO tcs. Lard at 27s. Cd. ship to Genoa with To-
hocco nj 3Os and bark to Marseilles with Tobacco
at 32s. Cd.
The Rank statement, it is said, will show de-
crease In loans of 81 of specie SlOOOOOo OF de-
osts al 800 O0O and an increase OF legatenders Oh
o., 100000
The inconsiderabe reduction in legal tender money
by the Secretary of the Treasury IN view OF MS
ments az TO its damage TO the solvent portion Oh the
community is Justly censured bS those who regarded
the Fort Wayne utterances as evidence OF hhahciai
policy. He then said; 49,.
"Dy common consent OF the nations goid ana sToI
the oniy true measure OF value They are the money
regulators trade have myse no US Sp his
those metals were prepared by tne Aigh d G mo
~ Ike snecie standard and gee no way Of doing sn
but by Withdrawing portion Ul ~ IL conmsnoed and
csried ON resolutey, but carefully ana pruueny,, %
shall reach it (coinl without serious ~
CouId ANYTHING be more definite or better calculated
30 oommand the confidence of prudent people tnal
a.; oroecb did The people responded TO IT, Dut "a'
~ HfoCrllocb has done his official figures best de
monstrate. o..oho. ,se5 fine
when be made his speech in October looo Vu a'
limited states Notes stood s9 II SII
Outstanding August ], S@.-'''-''''-'''' 49,
.......... SO, S95, 1Ct
A. the time the Secretary proclaimed contractor
of tbe currency as tho only safe pOncy' te N"iOi
Rank circulation was one hundred mllionS ieS' 'nu
nor ond .bore is at present in circulation seventy
,oillions moro of currency than when the hhahcia
minister stated 90 forcibly that the existing aoun
had demoraIized the public and converted all Ousi
Nos into rambling The opportunity has not passed
70 give the solvent norton Of the country currency
based ON coin If the Treasury will do its duty IN t
sprit of tho Fort WAYNE speech The treasury nv JUS
moment controls the money market, ana can snAo wv
business of the country The August ''oOS arc Pss0
tcally funded, and tho June and July 7So NOTES eau
be leftfor awhile. With the present ATea0'I