New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-06-18
the Bank OF England and the prices Of conss and French
Rentes with the corresponding week Of last year


Price Of Rentes...--......-. 7O.H 'o4O
The Board of Directors of the New-YOrk Gold EX-
change Bank have declared dividend of eight per
cent Mr. Hiram C.. Rogers has been appointed
Assistant Cashier in place of II. +. Alexander, re-
signed.
The London Times has the following comment on
the bank statement of June B.:
peculiar feature Of the existing position Of the Bank
Of England accounts consists III the lafgeness Oh te
lie the total being Unprecedented with the exception OF
few weeks during last Autumn, and the period OF the
panic Of 1866 1t is million more than at the cor
responding date OF last year. and nearly four millions IN
OF rs ordinary amount in the years preceding the
the assumption either that trade Is unusually proseOus
and active that the lOwness OF the rate 10 DE obtained
for the employment Of money in any class OF securities
the public disposed TO trust leads TO careless az
sorption Of the circulation In counting or private
homes That latter is the true one may be inferred
from the experience of the years that immediately sue
ceeded the great panic Of 1913 The gold ~ the bank
then touched point higher than 1t mad ever reached
and which has not since been equaled except recently
and the OF notes in the hands Of the public at one
moment was R23sl3O55 or within s43430 OF their pres
et amount the complaints OF the stagnation OF every
form OF enterprise being at that date as universal AS al
the present.
Messrs. w p Wright & Co.'S cotton circular for
Cuba says:
In the market last week owing 10 the decline IN Liver
pool we had day after day more disposition 20 s1 aia
lands were sold at 2sc Yesterday holders became more
arn INT buyers did not respond To-day Inns been
some inquiry from spinners for MIddlng cotton which
we quote at 2gc owing the flrnness OF holders Al
other grades below Mddng dull dhcult OF sale ana
relatively much cheaper The sales for the week nave
been bales chiefly 10 the trade, with some ttle on
speculation and for future delivery NerJ little mas been
done for export. -. ~. ~,
The cearances have been viz Liverpool strs City OF
BostOn 4O7: Virginia Total for Great Britain 81
Havre str ST. Laurent 49, Total for the week, $50 Un-
cleared engagements are, Liverpool, COO FREIGHT 10y
steam. al. Hamburg, 400; steam, "a go
The Southern markets are all lower win no buyers
Holders are not willing to submit 10 the decline dc
mauded the business is Of the most trnng char
acter our Geographic reports furnish the details
Receipts again are the most limited scale Only
amounting tine week ending Friday last 10 5000 bales
AGAINST 1900 same week last year. aud 1000 the year
before on DAYS not single bale was received az
some Of the Southern ports. savannah appears AGAIN 10
be the largest receiving port The receipts since friday
small 100, ., -.
Exports slightly increased this week 5000 bales 10
Great Britain 5000 France, and 2OoO 10 other foreign
ports There very little dong Tor export Ia TINS cay!
and frcights dun 10 every point .
The accounts from the South received here during the
past week are generally Of favorable character III re
lion 10 the condition ~ the growing crop From some
sections they highly hattcrne. 80 far TINS season we
have had fewer complaints than In any previous year
and IL is generally conceded that Ia this time the pros
pccts have never been finer. We have some months,
however TO get through before crop VIII DE beyond the
influence ~ disaster Itwoud be premature To- venture
any opinion what the crop may be. All now depends
upon the weather and the advent or othcf"i-t 81 '
army worm