New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-11-26
BnARD OF BROKKRs-3l ?. Nd.
PETROLEUM AND MINING srOcKs-FIRsr BOARD.
TUESDAY, Nov. 25-P. NJ

NJ
Gold closed at 1891 after selling at l4O3 under the
impeachment rumors. The clearings at the Gold Ex-
change Bank were sS5,l99OOO aud the balances
$l395,O3S.
Government stocks were steady at the morning
Board and higher at the noon call for all the issues
l0-lOs selling at 1929. State stocks steady, with
sales of Missouri Is at %. Railway mortgages are
strong. and Bank shares firm. The Express stocks
are higher Merchants Union sold at $50 and SIS paid;
Adams at so, and American at 70. union Of inte-
resI5 is evidently at hand and par is expected by
the old companies at an early day together with the
usual dividends Pacific Mail is excited and lower,
selling down to 116. At the decline the only buying
seems 10 be done by the shorts" The share market
has been very irregular nthe early part of the day.
under reports from Washington, prices were
sharply hammered under quite small Offer
inrs In tho afternoon there was a re-
newed disposition TO buy. and prices IN
numerous cases were advanced above any quotation
printed by either Board. At the Second Board New
Tennessee G. fell to 81; Pacific Mail TO 1lS4ll9,
and Merchants Union Express to So. After the
Board the market was stronger and stocks in demand.
At o'clock the following quotations were cur
rent: Registered ~ cents, 1881, 1923; Coupon "
cents 1881. llS2ll3! Registered 5-9Os 1862, lO4i9
l05: Coupon 520s 1862 10SG10S5: do. 520s 1884, 1861
al05l: do do. 1866, 1864 1861; do New, 1865, l07i
alo-; do 1867, 1O7salO'3; Registered lO-4os. 1904
ataI: Coupon l040s 102! 1922. i.S0s, second, lOSf
q. do. third lO5lGlO53; Tennessee ex-coupon
q cents 63. 06il; do. new, 6ldGi3; Missouri Is.
9isa9j; Canton, 44d4ik; Cumberland, 26i927;
Western Union, S2dS2l; Quicksilver, l69H;
Mariposa 7aS do Preferred, u. Ia Pacific Mail.
nS,allS.; Atlantic Mail, 1ifsal15.; Boston Water
Power, l;a17.; New-York Central. 1l&sdllSE Erie,
~ az; Erie Preferred, 77l@J9 Hudson River l94
12it Reading %. ass; Michigan Southern, 'Sa1S
Michigan Central, lO9. 40 Illinois Central l29.S
$50: cleveland and Pittsburgh. s2aS2. North
We,tafn, 51a5is; do Preferred, 653066; Cleveland
and Toledo. lOlldlC Rock Island, 90 a95l; ST. Paul,
20. S9l do Preferred, 60. G6i: Fort Wayne. 96!d%5.
The opinion is widely held among stock operators
that contraction viii be supported aud the currency
aet amended so as to give the South more facilities
The November debt statement Is expected by specu-
lators Tor a rise to show a decrease of SbW0OOot
legal tender and be followed by vigorous defense
of The poliey of contraction 10y the Secretary IN MS
report when the subject will be leftby HIM al inc
control of Congress and his attention gwen TO ia"
funding of the 3Qs and c application OF ms Sulps
revenue TO tho payment OF tno Understanding deo.
Whatever doubts attend the course to be pursued
Nv Congress in regard 10 the contraction OF the cur
renew It's temper upon the policy of funding the Ma
ti0no debt promises to be Harmonious ana WISE 10
Is evdont now that the system OF renewing maturing
obligations into short bonds viii be abandoned ana
recourse had 10 the use of long bonds per cent
rold interest, with the principal payable at tho
pleasure OF inc Government nj a remote date or IT
leemable aud for which ali the bonds now issued
,aay he exchanged THE new bonds viii Ike ths