New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-01-13

Government stocks are steady with large bust
mesa. The closing rates are: Is Of 1881, ll2@il2i
5-2os, now coupons, ll9i; and lo-iOs, 1921 0iO2s'
There is vide and increasing Investment demand
from largo and small investing parties, and 1t no
time since the Rebellion have the public securities
been strong
The Peace rumors were made the occasion for O
grand onslaught upon railway property; and In the
scramble to sell low prices were made. Inc theory
of the bears seems to be that upon the return OF
Peace RAILWAYS will cease to be Of value, ard that
all sharp people should sell out at once, before this
new idea Gets into the heads Of ordinary investing
parties who regard railways in the same light as
houses, stores, ships, and the other appliances OF
modern commerce. Now Peace will not bring ruin
TO railway property, bat the reverse. 1t viii give
cheap labor, cheep fuel and cheap iron, and all the
traffic TO existing lines which they can do with
double tracks, and as many trains on most leading
lines ss can DO kept out OF each others
way. During the var tho country hns
steadily developed all its material resources,
and NJ no remote day tho talk will be Of new lines
to free existing roads from their press OF traffic.
The present cost Of working roads is exceptional,
and OF temporary nature, while the wants OF COM
merce and the Development Of the country are as
constant as the seasons, and tho railways upon
which commerce depends are as sure TO yield reSu-
Jar incomes as banks, factories, or any corporate or
individual property In existence. Peace may cause
temporary decline in market values, but the entire
railway system is selling below It's worth IN gold,
and could'not be replaced at anything like current
e. o,lI ~ 'ha pia mi in
property is the one who sells gold at current rates,
and buys railway shares with the proceeds.
Frcights are dull and rates arc still quito nominal
The engagements to Liverpool are 400 boxes Cheese
at 7s. Cd. $50 boxes Bacon at l0s and per steamer
200 boxes Cheese at 30s. To London, $50 tuns
Measurement Goods at rs. Cd; 100 ties. Beet, So.
To Bremen, loo hhds Tobacco at 27s. Cd. and 300
cases Tobacco at l7s. Cd. An Austrian ship was
chartered 10 Bordeaux with slaves at s., 100
The business Of the Sub-Treasrry was Total re-
ceps, 81 653 49, &c, for customs, tli3,000; total
payments, 81 s6i o42 - account Of loan, $780,
J0O balance, 81 800, GjG,l0.
At the Second Board prices arc higher, with few
exceptions and the market closes steady. Erie,
S3i Michigan Southern, ~; Marposa rallied to
II after Second Board.
Money is abuBd INT ut per cent, and stock houses
are refusing loans at that rate. Commercial bills are
quoted sa 10 per cent, with moderate business.
AZ the annual meeting of stockholders, for cleo
ton Of directors for the First National Bank Of
Ncw.York, the old Board was unanimously
reelected; and at meeting Of tho directors, Samuel
{. Thompson was unanimously reelected President,
James Curphcy appointed Cashier, aud George F..
Baker Assistant Cashier.
The Michigan Central Railroad shows an increase
In earnings tho fret week in January of 900.
The oGInings aud expenses Of the Providence and
Western Railroad during the twelve months ending
Now ~, 1851, were as follows,
Receipts. .........-....s... effbf'o
EIprnsrs ACKNOWLEDGEMENTS. oI'o'V
Net proceeds ....-......--......tia9ll H
TIE earnings 81 the Great Western Railroad were:
For week ending Jan. d 1853 ...........s0H3ss
same time In lea. ACKNOWLEDGEMENTS. fl.oco
Sterling Bills are dull; Bankers, 60 days, 1904;
? days, lloi. Merchants, los GI09i Francs, 5.loa
5l5.
cLj .a.o ,,ano-s nottce An nctiye demand for