New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-07-25

Government bonds are steady The sos OF 1862 cOu-
pom 1927 0lC05 do, 1865 1O9 do 1851 1919; do 1865 1855
O40s 1863. These prices are fraction better on the
1928 than yesterday.
The delay the actual commencement OF hostiltes by
the confronting armies France and Prussia has created
some msgvings TO the designs of Napoleon, and an
arnistice deemed the most improbable event that
may occur IL il asserted by well informed correspon
dents of German houses in this city, that England and
Russia are exhaustng all the resources OF diplomacy
to protract the suspense, and If possible thereby
prevent the clash of with the intention OF securing
some trinng concessions from the cOntending nations
which might become the pivot upon which negotiations
may turn in the direction Of peace In view OF such
possible contingency there is less disposition manifested
to-day by the clears in the stock market TO increase
their lines; the slightest intimaons roreshadowing
successful intervention by the great Powers would pro-
duce sudden and rapid reaction in prices The
moneyed public convinced that our dividend paying
railroad securities are safe and profitable investments,
and they simply waiting for the turn in the scales.
When the favorable moment arrives there will be a
heathfu absorption of such securities calculated
by their intrinsic value to attract investors.
The Tennessee bonds Co. eXcoupon, are quotedat62id
CS4 This is advance of per cent over yesterday.
The 6s new 81 a6 yesterday they quoted at 59s6
COZ There is large falling of in amount of sales of
these bonds.
The railroad bond operations are small, with st. Louis
Iron Mountain so Milwaukee and St. Paul LIST, Iowa Dv
Central Pacific Ian advance or 81 az per cent
since Monday of this week; Union Pacific, S2a-an ad-
vance Of2i per cent since the 2lst.
In bank stocks the only quotations Continental 9
a95l and Importers and Traders, 49, Our bank shares
are held principally for investments and not for specula
ton
The stock market to-day has been comparatively quiet
The volume OF business has been very small even for
saturday when many leading gentlemen Of the " Elk
change rustcatng in the country trying 10 keep
cool on the burning sands of the ocean beach. Lake
Shore which has been hammered very hard during the
week. was sold at 99l and 90! at the second call We
confess surprise at the assaults made on the charac
ter and integrity of this company Its gross receipts last
year were Sl20559S 49, and its net earnings S50O10 H.
and after paying interest and taxes and dividends per
cent? its surplus sl6372 60. With Board of Diree
tors in which such Amasa Stone r Henry B.
Payne and Stilnan Witt OF Cleveland the pubic may
he assured of integrity IN the management OF this inn
portant line of railroad NewYork Central and Hudson
was quoted 93s do. certificates S95; Reading es;
Rock Island l3; Chicago and Northwestern, ST. do.
preferred, so, b. 90; Milwaukee and St. Paul. Coz do.
preferred, 76s; Chicago and Alton, ll5 The market
closed dull and steady
There several in the bank statement OF last
week. and the statement to-day Is not favorable the
statement OF the 10TH account of the loss in the legal
reserve. But with s530s7l OF egaltenders with $751;
3s6ls OF specie, all special deposits, and with $685.,
9 of deposits, have abundance of money. The
following comparison OF the averages OF the past
and preceding weeks: