New-York tribune., 1868-08-07

change in prices At the o'clock Board
Wells. Fargo a. Co.'s Express in request at "a!
At the Second Board, Pacific Mail was in demand at
lG2; Reading was strong selling at 03s At the
close. the market was firm, Reading selling at 4
Governments closed steady
u. s. 6s Pacific Rdo2s a1o2z U s. $50 Cou M
u s. Cs 1881 Reg 10! .; & ne" g'i io9
u. s. 500 Reg .lOea0ll0 ~. = go COu % oUo51IV'
u s. SO Con 62. .I4i aIl4l U. 5. lO4O Reg.-lO5@ 80
u. 5. 500 Cou Ca lOI III u. 3 lO4O Cou-.Oy5
The following are VIM. Heath & Co.'S last quota
'iohS Oh Stocks sn At.a BID Asked
| Boston W p lCl l6i Harlem .......-... - ~
Cumberland 80 a5 keaGins W E wia. "! si ssil
AnsIicaa I1pic.. d s M Paul pref $ s
! limited states 49, l6i a. Ohio Il NJ. 30s 3Ot
9Ssf@sr @sTGa%%1s Et 81 81 asS SGsSio4G mt E. % ~
Mariposa Pref. 81 illinois Central ..lisi l5l
| Canton Co ~ All ~ Clcye. Il Pitts. ssl SSl
! Pacific Mail - 1921 lO2I CGy. * &TOl....-...lu2t Jos
Western lin Tel Sl; 3ii Rock Island ......l14 1uk
! n. y Cent " lSOI 139i Northwestern. 90. s2B so
! Erie ...... 59i 90. Northwest. Pref. o2b S2l
Eric Picfcrrcd IS IS
The following were the bids for Bank stocks
New-York .....la5 Bank Of North America iO9
Merchants Hanover ii2
America .143 lrylug. ~
Phcniy i07i East Fvcr...............1oO
Leather Manufacturers. 10 Corn Exchange 2
Commerce. ........l2l importers ana
Ocean n.............-....l05 Park. i15
American Exchange .l2O Mannl. and lerehantsic99
Chatham ......... ll5 Fourth National....... l0i3
Bank Of the Republic 100 Nnth National. l..-.....lo9s
And the following for Railroad bonds:
y Gen Cen @ Gs T:i:c &c 24@ey IG aa5 'i Tt n s 81
cen IS is7s t'''o xoi, Morris Essex lst NJ 1909
Ere as. sd NJ. Ind 1888. 9sl Morris Essex; ID n 80
BG T i i 99 % Scwjerssy New S Gem I'd Mt o
IInd !sls isig 1ol0o Va W Cc G' LIST sd 4 1888 o3a
Hud X. Is 81 NJ 1875 1905 Cley Pitts I'd NJ. u
Harlem lst Mort ., IG3 ICIey & p5s 5t 4.h I n ~ ~,
chic, b 4 @ spell NJ los Chl. Az. LIT lol
MicLS.G MIS-. 7p.c. 1ol Chic a Az do Income %
Alton 1p r. III II. ist Nv. 95 Nil ST. Paul Mis- o7
Alton r II. 2I NJ, Pfi S5 Mil. < st. P NJ $40 1903
co%.oi7 0rs l. p ci. G C conv'bc % cIc Nh Mort 9oi
TS TS Swsb HSD Egnp. 5t i 5 g. York n maycn 6s IS
Git. Western I'd Mt 90 II
Money is easy at 30j per cent. Great discrlmlna-
ton is made by lenders. Houses holding iirst-class
securities have 10 difficulty in making their loans at
the lowest rate, while borrowers and doubtful coat
erals pav full interest and have to put up Iuinous
margins. There is large amount OF foreign captM
now Offering at low rates for long loans and banks
outside of Wall-st are in the market with large
amounts which they are wingto place at moderate
rates for 60 or 90 days on collatcrals.
Sterling Exchange is inactive. We quote: Lon
don. co days, 1OallO3 do, sight, ll0!Ulio, {;
Paris long 515G513!; do, short, 5.l2laj.lli; Ant
werp. 51C.a51j; Swiss. 51G. .a5I5; Hamburg ats
a3G.; Amsterdam, n a4l3; Frankfort 4laH5i
Bremen, -. al -, Berlin, il'@2.
Freights-To Liverpool, by steamer 1900 bales
Cotton at 3Js and to London 80 tuns Tallow at
lss. Cd.
The transactions at the Office Of the Assistant
Treasurer were: Rcccpts-For Customs, $i"'O0;
for Gold Notes. $4,000; total Receipts, S2&.5-
347 OC: total Payments, $2&9l51 II; Balance, s's-
5iS79l.
The movement in Erie was sluggish as compared
with the market yesterday The opening price was
G2l with sales at Goa Gll, closing az 90 bid IL tTan-
spires to-day that the rally OF Yesterday was made
by an operation of an cN-drrctor, odoTous III the
sanctuary but odious 20 AL Wa-,t. speculators he
was heavy purchaser 30 from 81! to w 40 NIich
point rumors were circulated that he was IN the
market as "a buyer when the stock was nnmrdlatcy
rup m by the shorts 10 6l4a63I enabling him 70
saddle his entire load tsaid TO be 5'OW
shared npon the street. and making a turn
of 3a4 clean upon the whole opertion
This Transaction shows the danger in dealing in the
stock lcr way rs the present holders are prepared
to oper,te on either side. and have only to know
whether the long or short interest the street pre-
dominates to do so successfully. No man yet has
been found smart enough to operate successfully
against a faro bank. and the chances are no better
FOR making money in Erie worthless as II IS known
10 be- The preferred stock has some yauc rs nm m
yestnen but not nj the prices a: which 10 now sells
Permanent holders will find interesting and in
structiye reading in the London journals.
Of the report of the discharge Of Sir
Morton Peto and his partners from bankruptcy
wherein were shown the management of the London.
Chatham aud Dover Railway laIso bankrupt which
Sir Morton and his friends seem 10 have inanccIed
TO ruin on much the same plan that the managers "i
Erie have been able dcpletc that Company Should
they then be- able 10 procure from the officers "l the
Conpany an exact statement OF all the bonds Issued
by them, or indoIsed, or guaranteed also the
amount of tho floating debt. the amount
reouired 10 pay for the repairs of track aud new run
ming material tins year. and adding 10 this the amount
maid for leases and ascctauing the net revenue To
| the road from that source, they would have
less faith i'm their investment, and perhaps make
themselves heard at the election, rs mt no DIS
tant dny their interests Will be paramount, The
! common stock is valuable for unscrupuous men to
contract and gamble in and viii remain on the street
As long as it can be kept aoat but the day Of reck-
oning is sure, either through money troubles within
the company itself or of some general financial re-
! verses bringing pressure TO bear on the present
| holders Ii will make but little difference when II
GOES whether il is quoted 100 or 49, as the collapse
will De complete running all the parties who have
mouipulated H. and il will disappear rs quickly ar
| did Atlantic Mail and with much more disastrous
| consequences both to individual holders and the
| general public.
The Ocean Queen brought treasure consigned as