New-York tribune., 1869-04-13
MONDAY. April l2-P. ".

MONDAY, April 12-P. ".
Gold opened at 1881, sold at 1885, 1921, closing
at 1881 The City Of Brooklyn bought s2OCo In soyer-
egns. The cearings at the Gold Exchange Bank werc
sI3ii4OO0 and the balance t2e03sO2 S. Cash god was
scarce at the opening lOann0 at Per cent but before
the close % delivery hours lie cent was paid for car
rylng The attempt cast dscredt upon the Bank OF
NewYork by the bulls In gold Saturday, was sharp
stockjobbng trick but had only mOmentary effect up
OH the market. The facts OF the as follows:
brokers firm had balance at the Gold Exchange Bank
which they desired to withdraw from the
bank and withhold from employment in the gold market
When the balance was demanded the Cold Exchange
Bank paid in gold notes and 200 In gold certi-
fed checks on the Bank Of NewYor These latter checks
wero presented the Bank OF NewYork for payment;
the young presenting them represented that came
from the Gold Exchange Bank and as Is customary In
such cases the teller Of the Bank OF NewYork proposed
paymept in checks on that bank dhe Gold Exehangel,
which had been deposited with the Bank OF Newf0rk
for collection In the ordinary course OF business "hen
however, 1t was discovered that the young man came
from the brokers' firm, and that they wanted the COIN
was forthcoming This trick advanced the price OF gold
10 3, for short time and enabled the clique u sell
large amount to tho shorts The Gold Exchange bank
wero not aware that their had been used until In
formed by officer OF the Bank OF NewYork, and they
had no interest in the transaction.
Government bonds opened dun the general list and
firm on the s2Os 1884, which sold nt l2 The market
4
cash by parties desiring raise At the close the
market per lower all classes 62s were 1905
al2oi State bonds dull Tennessee g. and active
on North Carolina New bonds which advanced to Sei,
closing 6sE North Carolina Old bonds sold at eoi Mis-
sour es 81; Louisiana es. Alabama S. est Railway
bonds wero steady but large amounts could be sold at
quotations. American Exchange Bank sold at 1ls;
Metropolitan, l41i; Shoe and Leather. 1885, Delaware and
Hudson Canal, 1885, CantOa. cot Express shares were
steady; Adams sold at S9G5eh; welsFargo si; Ameri
| can Merchants Union, 40; Pacific Mail opened
| Mt o2t selling at %, closing at s21; Western
Union Telegraph sold at Nl. at. closing ct AT
Railway shares were unsettled, but after the o'clock
Board showed great strength SewYork Central, in the
absence Of rumcrs from Albany dull, selling at i6s
lo2 l6sk closing i52IsIcs Erie was steady q, S3IS
Hudson lower, selling at i4Si; Reading sold at Ssi
va s closing i; Michigan Southern was ucyant-the
opening transactions were made VT sC followed by an
advance 10 si ST. Paul Common opened at Tl. sold ai
76i closing i st. Padl Preferred was steady at sLesS
North western Common sold at So, sit, cloang 81
North Western Pfeierrad, oct o5i closing 9i3; Rock
leland advanced 1873; Fort Wayne sIld at i32 ex
per cent cash dividend AZ the elose the market was
dun and unsettled: Northwestern Common cold at b.
Northwestern Preferred e5,, Michigan Southern o.
There was but e business doue after tha last Open
Beard Erie declined 3a; Hudson. lll; the Western
| list was duh ana sealy. .lt 10
The closing quotations for Government bonds were ~
| follows: ... .f.lF, t.