The Portland daily press., 1875-06-22

NEW YORK, June 2l-Evenlng-Ihere was an i'm
proved feeling in financial circles to-day especially
the Stock Exchange where hopeful view of
the future is taken. This change in the situation
seems to be the result of combination OF circum-
stances. Public and private advices from the west
give every indication of large crops and the growing
crops will be harvested npon cheaper labor than for
many years past, while everything the farmer has to
buy for consumption is as low in specie paying
time previous to the rebellion. From the leading
Estate aways
to move, has recently become more active in Chicago
and Milwaukee. The railroad war is over and in a
few days the trunk lines will have the more remu
nerative schedule of rates. The ending of the coal
strike also has favorable effect.
Money was easy with large offerings at per cent
on call. Foreign Exchange was weaker at 1861 a
49, for bankers go dogs and 4s91 q 400 for demand
The customs receipts to-day were $2S4,OOO Gold
Of the day; the rates paid for borrowing were 1-32
Lie, @ 164 pei cent. transactions were made free
of inte5est at the close. The Assistant Treasurer
paid out to-day $21 900 in interest and $755,O00 in
redemption of bonds. The following are the opera
tons at the Gold Exchange Bank: Gold balances
ances $4S, 53l 900. The following is the Clearing
House statement: Currency exchanges $9l,721 S15;
currency balances $47sO asa gold exchanges 81 327
bonds are dull. Railroad bonds firm There were
large purchases of Union Pacific firsts and Sinking
Funds the former advancing to 1O5b, latter to 1o4
Stocks were strong and higher under lead of Pacific
Mall which rose from 334 "a 37k on report that the
Australian government had granted large subsidy
to the company. The dealings in stocks were very
large and formed prominent feature of the market;
Lake Shore advanced from 59a q cog large trans
actons Erie opened at 123 and sood touched 12 but
subsequently became strong; Western Union rose
from 1871 q a. declined 49, recovered to 1884, st Paul
rose from 324 q 32a, closing at 32a; Northwestern
advanced from 81 q 37a; Rock Island from 1919 q
1929; Union Pacific was strong at 73s q "A and Pan
anna rose per cent. from 1870 "a 1856. The transac-
tons at the Stock Exchange aggregated 262, 100
shares, including New York Central 7l5 shares Erie
1880 shares Lake Shore 10000 shares Pittsburg
600 shares, Northwestern 1900 shares, do preferred
700 shares, Rock Island 100 shares, Pacific Mail So
100 shares, st Paul 61OO shares Ohios 28OO shares
Western Union 81, 800 shares Wabash 1900 shares,
Union Pacific $500 shares.
The following were The closing quotations OF Gov
eminent securities
United States coupon SIS, 1884,. 1851
United States 5-20's. 1862, COUP
Uniteu STATES o-1U Iood, coup ..'.'i l9
United States 5-2O's, 1866 old 1921
United States 5-20s, 1865 new. .............. 1874
United States POS, 1867. ........ 1851
United States 5-20s, 1868. ........-...,.....124s
United States 1910 coupon. ................119 1871
CURRENCY Us ex..... .................. .... 1923
The following We're the closing quotations of
Stocks:
Western Union Telegraph Cock div. .........7sa
Central and Hudson R. consolidated ......1O2
ERE.
ERE preferred. ...........21
Michigan Central. -. ................,.,,, 654
Onlon acinc otock. 1874
Lake Shore ............."... ..........,,.,,, 60s
Illinois Central, ex-div. ..........1 Ol
Chicago & Northwestern q,
Chicago q Northwestern preferred. ...,...,,, 49f
Chicago d Rock Island. observation-disclosures. 102i
Atlantic d Pacific Telegraph. ................. %
The following were the quotations for Pacific Rail-
road securities:
Contra! Pacific bonds. ACKNOWLEDGEMENTS 6
Union Pacific land grants, ex-int.. .....,,.., ISL
ois ""s' '.........,......9 34