New-York tribune., 1867-08-16
PETROLEUM AND MINING STOCKS.
FIRST BOARD.
THURSDAY, Aug ls-P. N.

Gold has been steady, at l40.al liOi.
Tic cearincs at the Gold Exchange Bank were
So, 73 600 and the balance S27 200. The export of
specie fy the America il reported at slGGl37
Government bonds are lower, and concession was
made on the leading Issues The miscellaneous shares
were inactive and dull. Pacific Mail was active and
advanced TO l4G.. Atlantic was also firm at H. The
railway share market opened at a decline from the
closing prices Of yesterday, but under sharp bidding
Erie was advanced TO at. The Northwestern shares
were lower the preferred selling at 1ls. Rock Island
wa IA request at 1884 The balance Of the List was
very tame and tho amount of business very small,
At Che Board New-York Central was firm at
l05E4IG.. Erie dull at 7lIGG. Hudson was
finn at l247 Cleveland and Pittsburgh was
steady al 93 The chief interest in tho
market celters in Erie, which under easy money, an
abundant harvest and the idea Of new admins
traton has been put up 10 per cent. IL remains IN
the hands Of the clique which has forced il up, aud
new purchases are looked for with growing anxiety
asst conceded fact that the income of 1861 will not
pay its I'M crest accounts and leases, leaving its en-
tire stock without income. At the Second Board
there was sharp reaction in the market and decline
of .al per cent Erie sold at 7Ol; Michigan Southern,
6li North Western 49, Northwestern Preferred,
7Os Rock Island, 1O3. After the call the market
continued dull and unsettled, and closed heavy and
lower on the entire list The advance of the past few
DAYS was almost entirely confined to Erie, which
was sl1slfuly bid up without purchasing much
stock for the purpose of selling; and sharp
reaction must be had downward before any
amount Of activity can be had in tho
general list. The closing prices were New
Yorl, Central, 105G105. Erie 7Osa7Ol Wabash,
30 bid; Michigan Southern. SlsQs2l; Cleveland and
Pittsburgh, 90 bid Rock Island, lO2. 5l08; North
Western, 4GI046s; Northwestern Preferred, 7O!
G702.
Money continues easy. and it is with difhcutnthat
banks find use for their balances at Sa4 percent,
stock houses borrowing on mixed colaterals at 5a6
per cent. In commercial paper no change. There IS
steady demand for currency from the interior, ana
at the same time'a large amount of compound notes
coming from the country for redemption. The 7.S0s
are also coming here for conversion in considerable
amounts The deposits Of the city banks, from sew
erd causes, are expected at the next statement TO
show an increase of magnitude and great strength In
legal-tenders in the next TIVE statements From Sep
tember onward affairs will naturally change and
during the remainder of the year the banks will be
able 10 maintain the legal reserves upon much
smaller movement than the present.
Foreign Exchange is quiet. Bills at 60 days on
London are quoted at Jos. for commercial; {;
1Oola1O9l for bankers; do at short sight i09s0
llOg Paris at GO days, 5ls3@55; do at short sight
5.15Q518l; Antwerp, 51s,Q5.15 Swiss, 51si9
5l5; Hamburg, SjIa6!; Amsterdam, 4Os04l !;
Frankfort 4Os04l Bremen, 7Sa7sl Prussian
thalers, 7ll4G.
Express stocks are quoted as follows: Adams 73s
al; American. 72a72. United States. 74la 75s;
Wells Fargo q Co., CO. oGGs Merchants Union, %
D. c. 12al2; Merchants Union, 80 p C, 1sa1S.
In Freights to Liverpool, 1900 bush Corn at Sd;
and per steamer 1890 bush. Wheat at 3d. q 90 b and
1000 boxes Cheese at 27s. Cd. To London, 300 tuns
Oil Cake at us Cd. To Glasgow, per steamer l3ooO
BUSH Corn at i'd To Bremen, 800 Dds hoslh at Is
The transactions of the Sub-Ireasury to-day were !:
Receipts for ,Customs. sG53OOO; receipts for Gold
Notes, SS6O0: total receipts, $l,23G,7lS; total
payments, $27OGJs O6; balance, 3l,975,Go6 %.
The Chicago Republican of Tuesday says;
The weather still continues oppressivey Wnrm, and