New-York tribune., 1870-04-11

The week closes upon a comparatively easy money
market, at and per cent, and abundant at these
rates The Bank Statement for the week shows
the following facts: Loans increase, sil45H; Specie
decrease slO99l9l Deposits increase, SG59996 Legal
Tenders S24nlG0; Circulation, increase s7,6s9 This
statement looks if money being used for business
PURPOSES parties have gone into the opera
ton of locking up illegal tenders" TO make "money
tight" but it is rather too easy to support such con-
csiOn. Money like air and water is only good when it
is in circulation.
The Gold Room under the excitement Of an advance of
per cent has been quite lively On the 18th Of March
gold quoted at 1lSs and sit has not touched ll3
since, until to-day and see no reason why it
should be at 1l3b today The following are the quota
tous in the Gold Room-At 10, li2i; 1885, n2s; 1l3l
ll2i; 1888, 1923; 12m ll23 1918, 1l25; 1907 l129; G03
l1J; 225 i3s; 1885, l25; Gi 49, O'Clock, l3, and ad
journed.
The transactions OF the Gold Exchange Bank as
follows Cearances, $ gold balances sl73657;
currency balances, Holders OF gold paid from
to 81 per cent for carrying over balances.
There were several reports" from Washington in
lation to the Ways and Means Committee and the Fund
ing bill, to what they would and would not do We
do not give them Mr. Boutwell, will return next week,
and then "repOrts" will be authoritative.
Government bonds have been stronger, and seem to
have followed after the advance in gold. The 5-20s
coupon Of 1862, 1; do. 1864 1O. do. lses 10; l040
coupon 1904; 6s, currency, III
Tennessee 6s, new, were quoted at 53d53t with
paravely small transactions do. 6s, coupon, 59i;
Virginia 6s coupon, 7o North Carolina new, 22 G22i;
South Carolina new, aiGsl.
Unless there is change Of policy in Tennessee in re-
gard to State finances the time is at hand when the State
will be without credit means. AS long State taxes
be paid in State bank paper worth about 20 cents,
interest win be paid State bonds II the duty Of
the Legislature to provide for the interest the State
debt, by and fair system Of taxation, and thus
have put the State honorable footing instead Of
leaving her without credit character In the market
Tennessee is rich in cotton and land and to her
mineral wealth in iron, lead, nnc and COAL there is
end, and her rivers and railways give every facility Of
transportation to the markets North and South
In Railroad bonds, Union Pacific, S+i New-York and
New Haven os, sS; Erie Second mortgage 1872 For
the weekaroad bonds and bank stocks have not been
active They either held too firm for speculation,
operators and capitalists find something more tempting
for their money.
The stock market continues heavy but prices gen
orally firm Rock Island sold at 1854 qil5i Q1la against
yesterday and lit on the 9Th New-YOrk Central and
Hudson 9i do Certificates, s9t. The New-Jersey
Central the ih inst lO2l; to-day sold I0li
The general market decidedly dull while prices do not
give way Pacific Mail holds at S6A TO S6i while the
que eston Of u semmonthly mail from San Francisco 10
China IL being discussed In the Senate Let have the
control Of the trade Of the Pacific. II Will pay have
weekly lines A small per centage OF duties paid to
steamship lines that will prove good invest
nents not only for the United States Treasury but
railways across the continent.
The following the Government quotations OF Messrs
Fisk & Hatch at p. n.: