New-York tribune., 1869-06-26

ual return to easier tone OF the market The ruling
rate has been per cent in coin and at the close the
offerings at that rate large. On Government bonds
loans mads in many instances at currency interest
Sterling Exchange was firm at an advance OF per
cent In quotations. London co days 1895 s91O93 London
sight, I0Rd11oi; London, primo commercial 60 days.
1O90lO9b Paris long, 617I0 0515a Paris short Sl606l3b
Antwerp 62O851s3; Swiss, 5.2Oa61sl; Hamburg, $50
35E; Amsterdam, 4Os04Os; Frankfort 40i94Oi; Bremen
TSk 07sI; Berlin 719uk
dispatch from burlington. iowa. states that the Bur
ngton, Cedar Rapids and Minnesota Railroad Company
arc now laying one and half miles Of track per day.
The transactions at the Office Of the Assistant Treas
Receipts for Customs S3I 900 for Gold Notes.
tG4SOOO total Receipts S9,Olll3s 50; total Payments
O, 1888 214 Balance, $s9,O67l73 49,
The Michigan Central Road has declared G semtannual
dividend of per cent free Of Government tax. The
Panama Railroad Company has declared the usual quar-
terly dividend OF per cent payable July
The earnings Of the Pacific Railroad OF Missouri for
the second week in June, 1862 June TO IA inclusive
were:
Freight Pass and Mails s2sal35 Total 5ssed 81
The Times financial artcle) says:
The banks Of the City OF NewYOrk have their entire
circulation in the hands OF the pubc and they hold
at present but an nconsiderabe amount Of the currency
OF the country National banks They hold only S96l20O0
in all its d@posores holds about $40 Of greenbacks
and national bank notes This time last year the Treas
ury held about S3OO0OoO OF these notes and the New
York Bank s2 900 in greenbacks and per cent GER
thcaes. The profits of the Southern cotton crop mainly
and the rapid growth and prosperity Of the Great West
in part have absorbed this difference OF tS40oO00 We
begin to believe that the aetna business H tne SUIS d tS
Is outgrowing IT'S present volume OF eTeuiaon anu oe
surprise is that tins widening field OF employment
for our paper currency should not tell more EN-
phatically upon the market as, wel as relative
value Of gold. II may be said that the condition or our
foreign trade balances demands large amount OF the lat
ter per annnm Bnt tue returns OF INC lss car 10Y e
ITS close will show that this demand has been scarceyone
mat this year tho loss by export II such
employment for gold may be termed loss anymore an
fbo gbi ~ oil
precoms metals in our Pacific states and Territories II
may be replied that this IL accounted for by the larger
remittaAces OF U. s. Fye-twenties the present year
Grant that the fact il it equally certain that sub
value has been received In exchange for large
portion OF these and other stock remttances In the shape
Of railway iron, and other metals and material when
have served in the extension Of our great railway sy
tenn and in various other improvements; first paying
large customs duties tO the Government
The Cincinnati Gazette OF Thursday says:
There were further receipts Of currency from New
York today but fe accumulated wants Of the market
were large that there poreeptbe relief the
contrary tie market taken as a whole, s closer, al
though some OF the banks and bankers better sup
piled with currency The demand for loans is large and
pressing and although the rates in bank are 9alO per
cent comparatively small amount or paper taken,
money is worth aud readily commands in the open mar
ket l2d5 per cent on good securities ana the latter hg
ure Is more generally obtained.
Tie Chicago Republican Of Wednesday says:
The chief topic OF conversation in financial and COM
merca circles durng the past few days has been in rea
ton to the growing crops and the price Of the leading
with one week ago, which due chiefly TO the prevailing
opinion among grain dealers that inc continuous rains
and chilly weather must prove disastrous to the growing
crops, and consequently the aggregate supply for next
year will he much below that OF TINS year ana Snou e
must q natural result one week ago today the
highest price paid for No Spring wheat this market
was 81 iI to-day the highest price paid was 81 3Oan APP
sold ono week ago at clc;; to-day. at ,c:5 S9ca
S5c all owing to this bad crop" Impression, though
t1,r,,,aaU and NewYork adyices show some advance,
nd fded IN
been able to learn from elegraphc dispatches gleanngs
from our exchanges, ahd %In sUn ia1s
that h Grain dealers are moro scared than hurt though
unless there is change IN the many days
the yield the various grains must fa snort OF last
year The country west OF here, Iowa and Wisconsin
rains and State has had full share OF heay
euy sprnklmg" and some damage has been done TO all
the growing grains but should change in the weather
take place ~ carly date and the sun shine
forth, It would do much good ana save tno
crops So far corn has suffered most, but there
is SIN time to plant with fair prospects o, n OF ,
southern portion Of the State. and yielding handsomely
while spring Wheat and Oats, planted on high land, are
stances and good weather only is necessary to insure an
average growth All grain planted on low lands mas SUI,
fered more less and many instances repanting VIII
be necessary In the absence Of any definite Information
nany operators here led the belief that the pros
poets OF good crops ~ Europe are ho very Dish as Ie
exports OF nearly all kinds OF grain from ts country are
aad sS o Rc d World sri we cannot be,
love that the OF the country are Ia so Oad cohaton
/ "A
alarm above what circumstances justify, admitting at
the same time, that exists but few days OF
weather and bright sun wOuld bring the
crops forward and dspel serious apprenenslons now
existing We hope that the rain viii dry up and Sol
make early appearance upon tho country Tor upon
this depends the Yield OF grain ana oher products the
coming Fall Thelarge advance OF prices IN tins market
has been very parties, and II II continues
/ must result dlsasrOuslY 10 many others.
Inregard 20 local finances there Is nothing new TO re-
port The market only moderately active, and all
uar customers enabled TO negotiate loans quite
readily when the collateral rendered Is OF satisfactory
character and the market generally quoted work
ng than few days ago, owing TO large falling
or the interior demand the receipts at this center now
exceeding the shipments. Another element OF stTngenoy
has also been TemOyedhc banks have been called upon
for their statements and are now lending more freely
than when anticipating this call Some currency Is find
ing It's back from the country through the natural
channels Oi trade, and outside cities, including ST
| Louis and Milwaukee, buying our exchange, which
adds 10 supply Of funds In this market Rates OF in
uniformly quoted at 10 per cent per annun
! The following is the movement IN Dry Goods for the
week: Entered for Consumption S4l,56s; Withdrawals,
| ia; Warehoused, Si559ls.
| Railroad meeting held at Krksvlle Mo-, yesterday,
adopted the most practicable route for the railroad
from Quincy, H. through Edna and Krksville, Mo,
thence 10 point the Missouri River opposite Brown
yile Nebraska Board OF Directors chosen, and C.
| A. Savage OF Quincy, elected President.
The Mechanics and Traders Saving Institution have
declared dividend at the rate Of six per cent per
annum also an extra dividend Of per cent for the
past elk mouths