The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-06-27

hgent observer, who has for the past week been
making II his study TO ascertain the temper Of Con-
eress the various financial questions, we learn
that there is no possibility Of any bill passing the
House OF Representatives looking toward the con-
traction Of the currency, and that the temper Of
that branch, after a careful canvass Is unmfsakaby
In favor Of expansion. The Senate being naturally
more conscrvntive and the Influence of the Western
members icing neutralized by the more cautious
New England sentiment. II Is doubtful whether
bill for expansion could pass that body II Is I'M
derstood that the friends OF the Secreiary's policy
have been engaged in the preparation OF a plan in
which contraction should be so suEar-coated as 20
be swallowed by the House without obser-
vation. This plan has, however, leaked
out, and leading Western members arc
on the alert TO expose and defca, such measure
however ortiully disguised While II IL not alto
rciher impossible that some funding scheme may lie
tackled ON to some other measure in the closing
hours Of the session, yet TO stand any chance OF
passage, 1t will be shorn Of all the Objectionable fea
lures which we have heretofore so frequently point
ed out. Tho probability Is that no measures what.
ever affecting the financial situation will pass the
present session, the better opinion among the mem
beers being that the ship should be left 10 DRIFT until
December rather than force her by i'll digesed inca.
tures into position where neither latitude nor
longitude has be-n calculated
The railway share nlarSet was duh and lower
curing The morning, but subsequently improved
,he o'clock call The dealings throughout the day,
lett the street at nm early hour.
IEe gold market wa: aiso duh end heavy. with early
toes AZ llOh, aGd the nst rtcoi dCd Transaction
%r1s gea nna n maS of tran actions
XIII b s t an aS fS p,SS rescnsa III
CENT wa pad 5f i. ne aSt S6ai Go S III IN % G
jlrty instances Distances werc carried rec OF inter
est Ai,sr Oiearns b9Nse lssgs were made at . ana
iSclaage isns were sos sGv6, sold Balance. u ST.
W! anJ currency baahees' <-sVV'Sl' The principal
$50 A. M......IlOlgn A. NJ. i1i,<tP INK
a. Hia on tansl Il MYii II4as $40 y
been dull but ut III" C.tse there was hfmer zone and
sS S ne q 10 The liza Sy or 81 o nS n. 1e
rcceltts OF cotton. Prime slNy days buls Atc quoted
Pan, jji ie TO tae Golsr ror iGas ana sS.s Is
for short 1ht poits of dry goods at this port
sG9ndsss, ,,Sis t:tSi q ,sss ~ ss Ssa Iss
Of .iotsaA as compared WIN tAs latter period TIC
ots for % s WeS ~ SSqsd 10 f SS ang
tlG,tSAsi. Abe treasury during the week sold one
I F 1c ss amount OF bonds i3r tne
AMI pgali out, IN coin Interest on he public Geot
this port VII commence the prepayment OF the july
The wees closes upon a money market abundanty
upplled ne Z, nca istes on call Loans being and
hh 9HS 1,ES b%snpGs were Pres'a aPon the leading
ent OF currency we,tward IS on modeTSts
cale Discounts are easy. and without special change
larer Prime aecep,anees have passed readily at 81
90 cent, and good endorsed notes. Ses. The banS
rejecting the cnlttances To meet tie Western De
one sasss S Ss os f6
SeeH n now oy as eS at sass 81 me = % @
Win lfa sss are 81 4: aaas4
stated; - ''''1'''
Loan. s:gsslss , >s%ss .1 Ret sss
sleci9.;,.;.', :sS%sL z3,zs.so Dec. GGp'IS6
bsSosi s5Ss3 s. St = Dec Dee s.a. 81
Legal tenders. 5s'i!O.ii 5S2i5S5 Dee. 90
sympathy With Iae decline Of Eod ana opened %s =
cent! below The closing prices OF yesterday but reaciea
6ss offered nGoH sa can ana n0gse ec i'S !.
e o IN on tue the reG6 su The as O
Pubic Dsbt or June Would he les iaVSraol:
CO. q Wall siissticpofi at 40 =. NJ; D'' '''"'
= I9 So S. s9P 2j is is
cs reg Nica iio So. q. COUP ii is
az a. c coup .ia ny e g'i f. ids iSs. iss
Tennessees, nnweyer leading The lst, vita fal,s Of old
SSnt 70 a} I'D yorS tsrSllaas O were s'' sisona AZ
,r. J.ta.y ana jay y. 9 senn
dri a, sft L9als,ena 4eaissntsy sf IsnIa
~ ny anMpf oaisfes %sre a. e. wh sales % hrss
70 eil.; Union acihcs helng quotei ri ls,SS,E;
LAND Grants. i5sj5Ni IAcomcs, sJ,Ss5js ala stock
On exnSsme quotations N, Y; Central stock ranged
neI%seh e rs SiS 'I s'I5p. %SSsH Harlem ls;Ae
Wabash, 551@J,k ONO aud Aliss, 81. sJ51. North
Island iI6s@li;j $; r-i; eqpalaoa' lSed6s pic.
lgJ3.. Efle was dun at 2i4aaI Fort Wayne IS ,.CS
0k ana l1hburlh l0s4@ 1874. Boston, Hartford and
Erie bel weak at SNai The decline in tins stock Ne
due 70 The tact that tne Mossscnnsets LEGISLATURE
lcurneI on thIr'day ngh, without having passed The
leaving the AFFAIRS OF the CompauY subject 10 future
legislation. lnyCstncnt sccurtues Were quiet e. &.
aud &. leading The list al .CGl04 Illinois Central
,Is S hsae O Ssa g. and IP's es a ls
1850 aI1 Dubuque and sioux City l0,a The Miscel'
ancous shares were moderately active, pacnc Mall ad.
yanclng l y cent. 10 IN, Aiiaulo Mall dropping To
81. 4 ON fla, while Western Union Telegraph was
stcady At Gk0S5N, and MaIIposa preferred, I (glaL
ExpTtss shares wee dul United states selling at i5X,
Railroad Company nve declared quarterly dividend
oil ~ & cent, payable July ..
1ho general marAet closed dull, with quotations ut
$50 a.. NJ: