New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-07-08
PETROLEUM AND MINING STOCKS.
FIRST BOARD.
Mining Stoke.
SATURDAY. July G-P. N.

Gold opened at 1894 and closed at 139 The clear
ngs at the Gold Exchange Bank were $l09S00O, and
| the balances 81 262 The exports of the week
have been about 100000 The gold interest paid this
week reaches $G,0OO0O0.
Government stocks continue firm and in steady de-
mand from all classes of investors The 1O-i0s are
in renewed request, and but for the fact shat the
holders of 1905 have a right to demand six per
cent bond at the maturity of the notes, Mr. McCul-
loch would be able TO fund the 1905 into a
long five per cent stock. An absolute forty-year
per cent bond would be very attractiveiO capitalists
and prior TO July 1865 enough could De sold TO alb
sorb all the 1905 maturing next year Border State
stocks are firm and are steadily finding their way into
the hands of investors The share market is irregular
bnt firm, and tends steadily upward under Tree pur
chases by spectators, who are confident
that single good wheat crop will stimulate prices
as strongly as the issue of a thousand millions of
legal tender money, and who act accordingly. The
most active stock of the day has been Michigan
Southern common, which sold up TO 81, and Toledo,
Wabash and Western which sold at 81. The low
priced shares are in favor and there is scarcely
stock the list not strongly supported After the
call prices were we'll sustained, and stocks offered
sparingly. For the moment mama 10 buy infects
the street which promises to carry prices 10 very
dangerous points. The list represents the spec
ulatlVe 1eeiluR real values nave long Dten
passed The market closed strong at quotations The
following are the closing prices NewYork Central,
l05! a1052 Erie GSaa Csl; Reading 1906. 1904; Mich
burgh, s7!Gs73: Rock Island 97a97.; Northwest
en- 45E046 North Western Preferred, G7!WG7. Fort
Wayne. lOO2Q101.
Money is abundant as usual on Saturday, and call
loans are quoted 4aG per cent Commercial bills are
quoted 6a74 for best and 6 81 for second rate During
the week s. of Compound notes have been paid
by the Sub-Treasury. The bank statement OF Mon
day will show increased strength The deposits are
up nearly g. 100000 with gain of $30O00OO in specie
and of 81 10000 in Lcgal-Tenders. The loans up
nearly S4OOOO0O.
The quotations Of exchange are as follows: Lon
don GO days at IlOal10. do. at sight, IlOlallOi;
Paris, long, 5l93d5l2l; do at short sight, 511l@
$40; Antwerp, 51Gla5.l5; Swiss, 5.1GiG5.15 Ham
burg, 364GSGs; Amsterdam, H!G4ls Frankfort, Al.
Bremen, 79a 49,; Berlin, 72!a72i.
Freights more active and rates steady. The
engagements TO Liverpool are coo bales Cotton at
Sled. for compressed, and I'd. for uncompressed;
Is 600 bush Corn at d. and 200 bbs Rosin at Is Cd;
and per steamer. - 900 bush Corn at Cd 1900 boxes
Cheese at 30s. 200 pkcs Lard at 25s and COO bales
Cotton at 3D. To London. 200 bbls. Rosin ut Is.
To Antwerp 500 bbls Rosin on private terms $50
bhds Tobacco at SIS. Cd and 1000 pkgs. Lard on
private terms.
The business at the Sub Treasury to-day was: Re
cepts for Customs $3.50 900; Receipts for Gold Notes,
$4,000; Total Receipts s113s,s20 0s. Total Pay
ments, g, 595,6l3 Is; Balance slSO,492.49l GO.
RAILWAY EARNINGs-JUNE
1867. 1866.
Michigan Central. $2S4g77 s3350s2 Decrease S50l05
Northwestern. s9s3S7 922s9i Decrease 2a5Sl
The June traffic of the Erie Railway will show
loss of over 100000 The low rates of freight and
the high price of corn make this loss absolute. The
July traffic of of the other roads opened badly
and a low month may be calculated upon.
The failure of Geo. A. Wickes & Co, dry goodsts
announced. II is of magnitude and calculated in
its details, as reported in the street to throw dis
credit on dry goods paper unless of high character
The liabilities in the United States placed at
100000, on which dividend of 40c or JOc is ex
pected This house. like large number of firms. has
been depleted by losses its stock aided by enor-
nous store rents $4,000 per annum), with CORE
spending private and store expenses for clerks etc