The Sun.
London, England, 1869-02-01 00:00:00

tee, with power to tnake byeltt;vs and contracts, and to do
all acts which the board has power to do without report-
ing their action to the board; to appoint F. A. Lane
financial agent of the company, with right to possess
and hold all securities, bonds and moneys of the company,
without being required to give bond or security therefor ;
to doubl,-track the road;-and also to construct a road from
the line of the company's road to a point on the Cenral
Ohio Railroad; to appropriate $500,000, to be placed in
the hands of F. A. Lane, to pay attorney fees, and to be
otherwise used as he might deem. expedient. If that isn't
a pretty piece of work for one day, we should like to know
what would be considered such. The new direction have
set out well ; and if they go on as they baye,begun, it is
not hark to tell what Clevelo.uk hud--Pitttharg will to
worth six months from now. Toledo anti Wabash is
being largely purchased by the p trties who hold Rock
Llan 1, with a view to advatica th:.: prices sha, ply on the
shorts. Pacific Mail has advanced fro:a 1201 to 124
The directors are said to have divided the $5,000,000
of stock bought of Jerome, and are bulling the stock heavily.
The upward movement in cotton still continues, and has
assumed surprising proportions. 3iliddling uplands now
sell at 2!).4., a:,d there is nothing yet to indicate that tho
end is reached. The custom of selling for future delivery
has grown greatly into use within the past year, and the
contracts for delivery in January, February, and March
are to a very large amount. Most of these were made at
211 to 231 cents ; and the parties aro now buying A 29
and upwa: ds to cover. Export has already been checked
by the advance ; and holders are not generally disposed to
let their stock go. The excess of receipts for the year
over 1867 is now'reducei t.) about 100,000 bales, and the
present upward movement is likely to cause a still further
diminution in receipts. The coal trade is comparatively
dull, and the receipts show a falling off as compared with
1868. The general trade of the country is quite fa;r, and
is foreign merchandise somewhat in advance of last year.
Messrs. Stokes, Wllaffie, and Co. have received the fol-
lowing from their New York correspondents :
"New York, Jan. 27.—Four days' receipts of cotton at all
ports, 38,000 bales; approximate estimate of receipts for
same week last year, 83,000 bales.
Nthoewwoeerkle,
a8nt,6J010tab.321;3.-;--Middling from this port laid down
in Liverpool, with all charges, costs 12id per lb. sa_
vannah, Jan. 27.—Middling costs, laid down in Liverpool
with all charges, 121 i per lb. Galveston, Jan. 26.
Good ordinary Texas, laid down iu Liverpool, with all
charges, costs 121 per lb. All markets very weak. The
above quotations include an allowanee of 6 per cent.
for lots in weigh!'.
The following is from the Tribune of Jan. 16:—

At th., close the market was strong and active, with a
good demand for all the loading shares. New York Cen-
tral was strong, advancing to 139.. Cleveland and Pitts-
burg was strong throughout the day, with heavy pur-
chases made to cover shorts. It is understood that the
proFeut direction will not got control of the property, the
laws of Ohio being much less easily evaded than those of
this State, whore injunctions are made and set aside wit
equal facility. Governments closed strongly.

Tho following were the b
Stocks:—

ds for Nosy Yurk City Bank

New York
Manhattan
Merchants'
Mechanics' 125
America
Phenix lO3l
Mechanics' Association 125
Seventh Wardl;o
State of New York
Com ine ree
American Exchange._ 11.3
Bank of the Republic 122

Bank of North America 108
Shoe and Leather l2O
Commonwealth
Importers and Traders' 127
Park l5O
Central National
ourth National lO2
Ninth National
Oriental Bank l3O
Ninth National
Corn Exchange l3O
Continental lO5

CLOSING QUOTATIONS
N. Y. Ceutrd 6s, 1883 901
N. Y. Central 6s, 1887
N. Y. Orntral 6; It Est
N. Y. Central 6s, Sub'n
N. Y. Central 7s, 1876 102
N. Y. Cen. 7s, con. 76 —
N. Y. Cen. 7s, '65-'76 —
Erie Ist Mort., Ex 102
Erie 7s, 2d Mort, 1879 93
Erie 7s, 3,1 Mort, 1883 92
Eri.37s, 4th Mort, 1880 86
Erie 7s, sth Mort, 1888 86
Long Dock Bonds
Buff. N.Y. &E. lstM, '77. 89
Hui. R. 7; Ist M, 't;9 101
Hud. It. 7s, &1 M, '75 —
Harlem Ist M, '6B '72 100
Mich. C. Ist M, 69'72 1191
Mich. new Ist 11 Bs, 'B2 1101
Mich. So., 7 p. c. 2cl M 9O
N. Ind. Goshen Line '6B
Mich.S.&N.l.S.F'd7p.c. 95
111. Cen. 7 p. e, '7O 1141
Alton & T. 11. let 11 91
Alton &T.H. 2d pfd 83
Alton & T. 11. 2d M. Inc. 761

lian.& St.J. Land Grants 1U&
Ban. & St. J. Con —
Chi. B. & Q., Ist M 1111
Chi. & N. West, S. F 9B
& N. W. Con Cony —
('hi. & N. W. Ex'n B —

Money is easy at 7 per cen
increase in the offerings; the
tinue to increase, and the bat.
Commercial piper remains uu
for best naive:•.