New-York tribune., 1869-05-14
The following were the bids for Bank stocks:
Ami thn followlng for Rnllroad bonAs:

Che s Pund PeHnsns r. r. Bonds......... %
CO... i' sST MI s. s. Pau P1 is IS; u 5c ~
b b.fL . Ef.sIs s%e. I'd Mort 's'f' ~ L .
Toledo Wabash "a 81 ssl MARKETS. Gin lst hoI.'.''
To Toll " NV we Con Slg CoaI F ss e.
G. Western M Mort 1873 81 9l Col Chicago i1d ~ A'
Money was in good supply at 691 per cent with
largely increased business at tho lowest rate CONNER
cial paper is easy at per cent for prime names
Sterling exchange firm at quotations: London'a
days 1921 0lO9 London, sight, 1oi 9lel. London prmt
commercially co days. lOsEsO9; Paris. long, 6lGIS316t
Paris short, 6l3. 95iSt Antwerp, 5.lsI05i6G swiss
5Ista516E Hamburg 35lS3,k Amsterdam. Ds ~Oh
Frankfort, 4Os aIOi; Bremen, 7s5S7sI; Berlln nSi1
The transactions the Office Of the Assistant treas
urer we're Receipts for Customs $4,000 for goid notes
s2gsOOO total receipts Sl1Ts,255 o5 total paymentS
$500 5C6 II balance, 50, ,96T,169 Oh.
T6ompsons Bdnh Note Reporter Of this date says, in
reference TO Secretary Boutwells policy;
Secretary Boutwell, has made beginning, and IN the
right direction He sells million OF gold per week, and
buys million OF bonds per week As tne hlon Oi gou
viii bring about $500 600 more than the million OF bond
viii cost that amount over for the benefit OF hd
Treasury These sales and purchases are ade py pro
vantage Of exclusive Information IN advance OF the pub
lie generally. II Is announced, as by authority that tnh
selling gold and buying bonds will be continued through
the Summer az least, and when change 10 male u VIA
be because the condition Of the Treasury calls for change
interests. Here again secretary Boutwell, has planted h
self on sound financial principles greater ser1Ge lie
cannot do the country than TO say positively aud con
vincingy every merchant manufacturer; specu2lof
and ask nothing Of the Government; for you will get M
special hnancering from the Treasury Department ia
minshed The Three Per Cent Certificates now outstaud
ing and which are paramount TO much eyalieudeI
money, may be sent Ia for paym TO smaH extent
so IL amounts 20 a contraction tor the secretary hs
ordered them sSSeed peaeG y BoaTe ss Hc
develops excellent qualities-sueh as secretye
bas announced measure. The next desirable step IN
financial direction will be- either to reduce slightly and
slowly the greenDaek cnrreney-not oy SSncenns ~ Nv
by eulargiug the currency reserve IN tue treasury
asserting and presenting for redemption snch OF e N-
Onal Currency As shall De takeh III Oy te SVteiusnh
Either OF these measures viii lay some foundOh Oi an
elasticity speak. Of the currency; for II the Treas
ury scoulnulates beltet reserve uuilNs s'"e.-
months, 90 be depicted duIlHS tIe ac"Ne
the banks redeem their currency when Their
customers do not want for business purposes cel-y
Ultimate This is also elasticity. Tho great defect
the currency is the absence OF auy contracting Oi eA
and periodical strugeucy Both periods are ayerse 70
the great interests OF the nation The gold gam3eis ana
they did when McCulooh contracting the eurrency,
ana for the same object nancy 70 Orsk nR ago sg o
| gress, fairly blufHng them of IL remains 20 DO
seen how the game will work with Secretary Boutwell,
The bill logazing the rate eight per cent per annum
as interest Oh loans has passed both Houses Of the QUO
legislature and is law The bill does not 80 INTO
effect until the first OF October but bill has been intro
duced TO amend that restriction and put IL ao effect NJ
| once.
| The Chicago Republican Of Tuesday says;
! There was only moderate movement IN any depart
meut Of trade to-day, all classes OF business men Ner'
to partcpale III etsol1us @ i 'pS SS Pfroad DrrHe
greater portion OF The afternoon most oi ie S"iCs
and business Offices were closed 80 as 10 give iHS AZ
! taches an opportunity ot celebrating IN nnlhclM tlr
Giles there fair demand Tor loans but as hc SulPt
il very liberal All classes OF borrowers quito reauy
accommodated the usual rate OF Icrest-lO per cent
! per annum.
There was moro exchange offering on tfe market
at 25 premium 900 between city banks closing
weak Counter rates were without important ch,'-y
| discount and -4iLE AZ Nv
premium
The same journal also says:
Il will be rc,o,, ted that after considerable effort end
carry bill through The ast Legislature restricting tm
railroads the itier OF freight tariffs Some o rs most
objectionable fen arcs were stricken out but There va
just enough poison LEFT ~ II To damage ClCdSo luteF
ests and are now beginning 10 reel where t sth's
IL is well known TO commercial men that the railroad
companies and te wCrchousemen of our city have oi
| 10 secure for Chicago the handing ani marketing 81
about thresfourls Of the grain Of the Upper MISSISSIPPI
southern Minnesota. This done 10y mutual con-
binaton that at times the railroad companies had
n'ries v"rt ~ course for their own Interest IN dong
! So but they also worked at tho same tiue Tor NC
ons OF the act wIIch passed the Legislature the ut
road companies cannot accommodate their ltghl laiL
TO suit emergencies without inpeuug thtlf CA1ifIA
and tie resu Is tnat S. louis ana Milwaukee step 10
aud take the grain regardless OF tarl The iact la
sprinrdeId for CEN Fuers bn was sufficient OF ci;c
pubic attention 10 this fact our Legislators we're e
blinded by autIaiload preudices that they pa,,e"'tt
For Chicago Is rather expensive aHuri ana We "
wise our merchants 10 consult the managers ui iht I
roads centering Aoro and see II the evil caunot bca'1
| In some way.
The state OF Indiana has under contract 1900 miles Z"
| railroad. a road IS being buils north-weSto' j"
danapos an air lire TO Chicago, OF which ~ miles 's
finished. This road runs through part Of Montgomery
and Boone Counties The remaining portion the line VIII
be pushed To competiou fast possible line otr'"
from Peru Rochester VIII probably be completed 'a'
| season A new road noin indianapolis 10 Terre ilaae .
contemplated ana the contracts let. work ON ltt eN'
sion OF the Evansville Road from Rockford 20 Ih,"N'
viii be completed at an early day The new Ihe i'OT
Fort Wayne @ CINCINNATI Is progressing rapidly Au"i
sfaCtOriy. The Indianapolis aud Ninoounts ho'.t n
completed to Gosport, and trains are making l's''
trips
The Marietta and Cincinnati Railway so5 miles Ions.
and connects Cincinnati with ,.a Baltimore and OH "
Parkersburg. Tho eighth annual report OF this Co''
states thai in 1868, SiOll67 7S expended IN ro'
pairs, against 500 ig SC TO 1867, being an inci' 'i
937 81 The Baltimore ana Ohio Company ha- I....
cars on the through route, and tho C'ncinnl'I
apOlis, and Iaflycti0 contributed 100 ueN il,. ''.
arranged To ruH through from all western - tt' . .
more without brcaSlnS bulk. Valuable Goa. ..s -
been purchased by tho Company, conpr'-.ht ''.'
Athens County, FOR supply 4ng coal lUr tit l''A' 49,,
The following the foounes Of the r,'"ra O. 'as
Boston banks, compared with those oi tho t"o p''''
| statements; ,rn
Is............srssS5s.s s1s IS srdsilse sf9 Iia
Legal Tsadsr,...... Tenders. la5i5tS lgani 80;
CSppls Cigpo,,sio1 N,;; V2i2t&i SS5Wts5 E,',
Judge Pearson this morning-st!ng IA tho 'v',
Common Pleas at HarIsbmg for tue decision ol - -
monweah cases-deotdcd tGo suits Of Gelerl iA''''