New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-02-16


specific sum, of which $600 900 was to be paid IN IA
ebc mail stock which was to be retained by Mr.. Van
De, bin for two years The Commodore TO do the At
laac service IN the line, aud the Pacific Mail serv'
ice on the Pacific, at q prorata agreed upop Inc
spare boss Of the North Atlantic Company &C., to go
into the line between this city and Havre, and the
spare boats on the Pacific to be employed in running
along the coas. Of South America. Such according to
the best information can Obtain Ia the basis upon
VIII oh the recent rise in Pacic Mail has taken place,
and it appears to that IN view OF the lesson taught
BY the previous rice in November, Of the falacious
character OF all calculations based upon settlement OF
this suicidal competition for the California business,
hope must have been very important element In the
influences which induced the recent purchases from ~
upward. At the Second Board, after the stock mad
sold at 81 there was almost as much desire e1nioted
to cell as there had previously been shown 20
buy. The market fell off TO 80, at which u was
offered at the close The market generally was heavy
this morning before the Pacific Mail was called, and
has not varied materially during the day. Central was
better under advces from Albany that the pro ra'a
bin had been postponed but later in the day when the
reason was known, the buoyancy was lost' Gaiena
and Rock Island were frmer in closing transactions,
with considerable activity in the latter Erie sold at
g. 1t will be seen in the legislative report that the bill
10 facilitate the sale of this road has been reported IA
vorably. Panama continues firm, and in good
demand and sold at 1921. In the Bond market there
is firm appearance without important transactions
The general market at the close lacked frmness.
The last quotations were: Virginia g. 81 G923 Missouri
&c, 79I 079s; Canton Company, l62 Q7; Cumberland
Coal, 49, BIC; Pacific MAIL 1899; New-York Gen.
trail Railroad, 20, 67O3 Erie Railroad, 81 az; Hudson
River Railroad, 4Oi940l; Harlem Railroad 3! S9l;
Harlem Preferred SO 1884, Reading Railroad 80! 1891;
Michigan Central Railroad 81 03l; Michigan South
ern and Northern Indiana Railroad g 06I do Guar
anteed Ia 142 Panama Railroad 1921 1921; Illinois
Central Railroad, So G56; Gaena and Chicago Rail
road, SCI a57. Cleveland and Toledo Railroad, l93
20; Chicago and Rock Island Railroad, 62l 062s IL
linois 70, SO! 6S9.
There has been fair amount of transactions for the
steamer in foreign bills and at the close, some draw
ers were asking higher rates. The business in Sterling
has been done at lOS ol08a y cent. Francs 80
o517i.
Freiehts-To Liverpool $50 bales Cotton at ''52G
3D., and 80 tuns Ore at l5s.
The business of the Sub Treasury was: Receipts,
$I32,7 35 29-for Customs, $4,000 Payments, $l1S-
$50 %; Balance, $9Sl5,2l9 81.
The earnings Of the Erie Railroad for the month OF
January, 1862 900 sSS az az
Earnings January 0sZ0o "
,.,,.... ................ slsaos %
The earnings of the Cincinnati and Indianapolis
road, for the first week in February, were $9,Soo
against $27 900 for the entire month in 1859.
The Asia to-day has $780, 1888 in specie, which was I'M
expected in the present state of the foreign Exchange
market. The business of the Clearinghouse to-day
was $21 1871. In money there is if anything, in.
crea ling ease, but rates without change Demand
Loans, 5G6I; Paper gilt-edged 6d7 cent. The
Arsgo brings very large cargo of merchandise, which
will swell the amount in the Sub-Treasury. The ag
erepae value /, estimated at three millions. 1t is con-
6dently anticipated in tie street that the Senate viii
recede from it's amendments and pass the Post ofnce
bill, either to-day or tomorrow. This viii largely re-
duce the balance in the Sub-Treasury here, and
strengthen our bank vaults. AS long as the bill con-
times TO vacl4te between the two Houses the country
is losing 600 per day in interest one half Of which
is through the laundering naneierng Of the Secretary
of the Treasury.
The following are the Currency, Land Warrant, and
Specie quotations for the week, corrected for Us from
the rates current at the Banking Office Of Messrs.
Tbompeon Brothere.