New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-01-25
TlrsnAY. Jnn. 81. ".


Gold opened at 1904, and rose to 9ooi from this
point it fc to ies, ard was steady for souc hours
1t abou. his price, closing at >1-i ard firm.
Government stocks were lower, tie "a " 1891
selling at l09 5-1os new l07 and loios 1901 1905.
The closing rates wore; Us 81 1881 100; 5-.0s new
| lO7. 0l01i; l0-i0s, 1904. There has been a good
demand oil day. and some considerable orders have
been allcd for to-mouow's European mail Railway
shares show q recovery from The Prices Of Monday
eight md largcpaTt Of tie snort interest iscoyered
For the moment there &. less disposition To put
out sellers options which could only be- effected by
Offering oontraots ~ low rates. Tho reduction IN
prices has produced considerable orders for cash by
investing parties and some pccllatiyc business.
Money ia exceedingly abundant aud Offered upon
stocks on favorable terms for an extended tine.
Prices OF shares are, whole, tar below intrinsic
values. and tic property could not be replaced az
anything like currcnt rates; but this IS of no present
weight ~ stimulating purchases to IN extent sni'-
cient TO rally prices to old points The peace and
lower price theory still prevails, and carries down
the price Of al commodities and with them ell cor
porato property. Al tie Second Board pncos rail-
lied, and in some cases large advance was paid.
Enc was in demand at 69i, Old Southern 81 los,
and Cleveland and Io.odo III bid.
Reports are current Of O meeting Of Stakeholder
of tho Erie Railway Go. 10 request certain Direc-
tots to resign. 1t is not probable that such st'p
will he taken. Thus tar the President has head
nothing Of the Injunction upon the dividend, and
knows of nothing 70 authorize it. The loans to pay
for rolling stock were ior year, and Lot due, and
no debt whatever exists which will interfere with
the dividend. At present prices for tho common
stock its buyers get interes, in tho property at
a reduction of 100000 upon cost, ard road
estimated to earn sl5,oOO,OCO in 1865.
Money is,abutdant at Cal Per cent and in spc-
cia cases as low per cent Is taken. Upon stocks
loaned very low rates are paid. There IA constant
flow Of legal tender from the West, and from all
points the ratio Of exchange is in favor Of New
York, and, 'producing IN accumulation of money
seeking employment in short engagements. Com
mercial paper sell, at s9l0 for best names ard
IL a ~ for second grade
In exchange no variation. The rates are: Bank
ers' sterling, 60 days. 1895 days llOi, mcr-
chants sterling, 1881 0l09, francs 5.l095.l3i.
Freights are dull, but rates are without change.
Tho engagements to Liverpool, are 50 tuns Tallow,
at l5s. $50 boxes Bacon, at los. and per steamer,
800 bales Cotton, at 3D.. 400 boxes Bacon, at 25s;
500 boxes Butter, and 500 boxes Cheese at 35s.
To London, 1900 bbls Oil Cake, at is.4ld.; 80
tcs Bacon at 1885, 100 ties. Beef aud IS bbls. Pork,
at &c. To Rotterdam, 100 tuns Logwood on private
terms, and Is tuns Taow, at Dos.
Subscriptions received at tho Ninth National
Bank for United States go Treasury Notes yestcr-
day were 500, oOo
The County Court Of St. Louis has decided to
issue the bonds for which authority was recently
granted by the Legislature, necessary to secure
the early completion Of the Pacific Railroad. This
act consists of q loan Of the county credit, upon
what Is regarded Is ample security for an amount
sufficient To carry the road through to tho Kansas
line.
Tho Minnesota Valley Railroad has bought in
Pennsylvania all the iron, of every description, re-
auired for tho construction Of tho first division OF
tho road from st. Paul TO Belle Paine.
The annual report Of the Directors of the Western
Railroad shows that the total passenger receipts for
the year ending November 80 wero 81, 1888, On