New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-07-28
TUESDAY, July 27-P. N.

TUESDAY, July 27-P. NJ
Gold opened at 1873, sold at 1861 closing
Is7G137t. -
s92137 900, and the balance S62SSS' 3D. Ahe h0i'"
took out s2O1, 600 IN specie to-day
Government bonds opened strong under an active de,
and for all classes the $40 bonds wero from &Gs peg
cent hi cher and sparngy offered at the auFahoo'
The feature of the market was the heaVy lnVes'me'
demand for 1040 and Currency per cent DOnus' "o'
at present prices are the cent bonds in price,
and were eagerly sought after The transactions IN Cur
ency per cents were unusually large at An advance OK
per cent since yesterday The fact that oVertues n7
already been made to the Secretary OF the Treasury Dy
German bankers for per cent loan gives COM
elusive evidence that at no distant DATE Ne
win be able to float long bond at even
lower rate Of interest When the funding process come
mences the currency per will be the most valuable
bond in the market running they do at per cent for
Is years longer than the 81 bonds, which now sell an
about 49, and are considered cheap from the fact thao
they have u years rum free from any option TO tho
Government to pay them of before maturity AS COM
pared with the 81 bonds the currency per cents are
now the cheapest In the market for investment and arc
rapidly being absorbed by investors, who foresee tho
funding OF the present debt at low rate OF interest De-
fore the close of the present Administration
state bonds were dull: The featare Of the marketwao
the weakness New Tennessee bonds under pressure
to sell by investment holders The opening sales were
made at 571 followed by decline 10 ST. closing wea
and unsettled at the decline Georgia per cents sold az
S. North Carolina cents, 69 North Carolina new
per cents 52t South Carolina per cents @ hlssourle
per cents we're exception to the general list and in
good demand at ssaSTE. Louisiana LeVee per cents
sold at 6Ii; Connecticut per cents, 20 Railway Donde
were dull aud steady. Express shares were neglected.
with the exception OF Adams which was moderately ac'
tive at eOtaG Miscellaneous shares were neglected,
and with the exception small transactions i'm Western
Union Telegraph, there no recorded transactions
Pacific Mail was dull and steady at s5iSs3t
The Railway speculation confined 80 the New-YorA
roads which continue center OF interest 10 operators,
The shares OF the Harlem Road have been most acves
and under active manipulation have made wide huctua'
lions selling at ia 162 l67 closing 1861 The rapid ado
vance of this stock as yet unexplained and has no re
erence 10 the movements in NewYork Central and Hud'
SON New.York Central sold 2st, 2l2i, closing 2IiS
Hudson 1914 1914 closing l91 bid Reading exc
ception the general list advancing from % TO 9l upon
moderate transactions. The Western lst without excep4
ton was dull and weak; there entire absence 81
speculative feeling and transactions we're barely SUN.
cient 10 make quotations The rise in the Yans
derbt stocks has checked all speculative feeling in the
balance of the list The public have faith in the pres
ent prices Of the stocks, and the fear OF collapse 10
prices is general that t has checked business in other
shares yet selling az low prices The consols
dation Of the NewYoEk Central and Hudson continues
TO the chief topic of interest and it is understood thae
another meeting OF the Joint Committees OF both cOmpa.
MES will be held Saratoga Wednesday, July o. Al the
close Of business the general market dull Reading
was strong and selling at ssi The NewYOyk roads
tinued feverish.
The following the closing quotations Of Govern.
ment bonds: $4,000.