New-York daily tribune., 1866-01-12
COMPANY, semi-annual, per cent, free; Market

Bank, st. Louis, per cent; Farmers Bank OF heh'
lucky, scmi-annual, s. per cent; Bank OF keDtucky,
semi annual, 3 per cent; Bank for Savings, = anu
per cent Free also. extra dividend OF same amount
Bowery Savings Bank, and per cent, iree "''''
extra dividend at onehalf the Same rates.
The Continental Insurance Company Las oc'
clared se,ni-annaal dividend Of per cent.
The Michigan Central Road earned the hrst week
in January:
1865. Sol. 500 1866. .e59, $50 Deo.. .sl.sis
The Chicago and Alton Road earned the hrs'
week in January:
1865. .s6l. $50 1866. .s5o47l Dec. sll. .359
The Rock Island Road earned the first week IL
January:
1s65.. .s79,O74 1866. ..se2, 23e Dec. .sl6s42
Or 81 per cent.
The Michigan Southern receipts for the frstweeS
in January show decrease Of 5000.
The Lohgh and ard Wyoming interests ha'o
obtained the franchises and property OF tho Nor'h
Branch Canal Company of Pennsylvania, extend
ing from Wilkesbarre to Chemung on the new
York State line, and will proceed to construct d
railroad between the two points. This new road Is
designed principally for passengers and anthracite
coal and will come inactive competition with the
Delaware. Lackawana and Western Railroad, which
now has monopoly of the business.
Spectators in the stock market, as rule, desire
some basis TO stand upon. We say ns rnle, but
there are exceptions, and we can find these among
the spectators and "cornerers" of Ilarlcm-who
insisted upon forcing short accounts up TO 21o-and
the equally foolish sehencrs who permitted Prairie
du Chen to touch 90 The rule of having good
basis should, in these exceptions, have stopped
"the conspirators," but they were not wise, and
consequently had Harlem left on their hands al
Ii7, AMI Prairie du Chen at or near
par If the rule and not the exceptions
prevail spectators for tho rise will not ignore the
inevitable facts which arc destined for some time
TO come to oppose them. And in this general term
Of Spectators we include all who whether in mer-
chandise in the necessa-ies of lie in stocks act
upon the conviction Of high prices; These inevita
be facts are, /. That we are doing business upon
paper basis, and that such basis is unpopular
and undesirable. ?. That sound policy dictates
that we must take measures toward re-
sumption Of specie payments and reduction OF
all values based upon the valuation Of paper
20 that of specie as soon 0s il can be done
consistently with proper maintenance Of Govern
ment credit, and with as little disturbance to gen
eTal business as may be possible.
These fundamental measures of tho Secretary OF
the Treasury must be the basis Of all future opera
toDs Of the Government in financial matters. n
spectators take these bases and extend operations
to points Of danger, and suffer thereby they cannot
complain of Secretary McCulloch, who has given
them fair warning, Ind means TO proceed in oil
practicable ways to benefit the people and not the
spectators.
In freights the engagements TO Liverpool are 100
bales Cotton at d.. $4,000 bushels Corn ct id; 6OO
boxes Bacsn at 2Os., and per &samer, 500 bales Cot
ton at i'd; to London, 100 bags Seed at 25s., and
100 boxes Bacon at 2Os. q BARI to Marsc..,rs Will
Slaves at $50 for heavy and $40 for extra heavy
Pipe Slaves.
Marhets-CARIIrIIYk kLPoE1rp FOR THE NY. Tnisusi
THURSDAY, Jan. II. lsG6.
ASHES-The market IL dull and heavy for Pots Al
Ss0 "a %: Pearls IRE dull ana nor inai
| COTTON-Prccs remain steady, and the demand II
fair from manufacturers and shipfcrs saes OF about
5000 bales. On n basis Of 800 Sic. fI Middings.
COFFEE-kio is qnet at former rates. other kinds
ere firm and lair demand; sales within two doys Of
800 bags Lsguayrs at &c.. and LOO bags Maracaibo
FLOUR AND MEAL-The usrket for Western md
State Flour is more active ond Tic low grades Of Sound
l0d ljc per Dbl better Trade and Family brands
firm and Ia fair demand; the sales are 10 100 bhls.
ut 81 l00 81 45 for Super fine Stale; g e 80 FOR Extra
State; es35d - 90 for Fancy State 81 l5dss 80 for
the low grades Of Wesern Extra e. 81 e. 9jfor ship
ping Ohio: SJd el 30 for Jrgdc and Family brands.
and Gil 750sl5 rs for ST. Louis Extras. Bnckwheat
Flour is dull snd easier, ct s. s7.Gsi2j y 100 -.
Canadian Flour is Ice better. and fair business wa
done; saer Of 800 bbls at IS 258so co for the low
grades Of Extra. and s. 10usll % for Trade and
Fomiv Exuas Southern Flour IL lGTl5c. better, es
L.. f1a gTaH. .fs Ia
sales $50 bbs at 81 goa SO ~ for mixed to good su
pefne Country Baltimore. &c., and $40 'OuSI5 20 iO
Trade and Family brands. Rye Flour Ia STEADY ant
moderately active. sales 0. so bbls. AZ s. 50d 80
Corn Meal is dull ana heavy; sales Of 2s0 bbls. al 81 .
for Jersey, and 81 - for MaIsbs Caloric, IN store.
| GRAlN-The Wheat market is very duh and unset
tied; pIices have declined fully 2c per bushel The de
and confined to miers only; inferior qualities nr'
neglected and nominal: sales Of 1900 bnsh No Nil
waukee at 81 60 Barley is inactive and heavy. BARLEY
Malt quiet but firmly held. Oats are firm aud fliriy
active sales OF 40 eco bush at GOc for Canadians 62c
foI STATE and ,Cc. for jersey and Southern: Rye
inactive aud heavy. Corn is lower and Is freely Of
ered: sales Of O0 bush. at s4ae6c for Unsound. RI
aesc for Mixed Western IN store. 90Q9l.c afcat, "
sac. for Jersey Yellow.
to-day At full prices sales OF 800 City Steers 13 ID, al
l3c. curlcucy; 500 Wet Sated California l3c.. curren
cy; 500 Central American. l5c., gold; 800 Onnoco
Q, 10 lie. gold; 5000 Moateyileo q ID, TO arrive
ls4e. gold, and coo Buenos Ayres, private terms.
JfEMP-MaDia is dull AT III n i2c., gold.
HAY-Thc market Is firm with fair inquiry; sales
lots.
HOPS continued in good demand for homo coDsump
ton and prices are well sustained We quote at IRON
2Od65c. as 10 growth ard quality.
MOLASSJS-Tbe market is steady and moderately
active; sales of Is bids Porto RIco az 15Qe0c and
80 bhls New. Orleens, at 81 lOGsl 25
OII.-Linseed Is frm with fir inquiry OF 81 l3d
81 a for City Fish Oils are dull nnd nominal Lard
Oh is dull, saes Of 10 bbs at 81 e7; for prime Winter
PROvlsIONS-lhere hx~ been more activity in
Pork today lbe market somewhat excited. prices
acvanced and at the close FIRM for future delivery
sales Of 500 ibis, including Old Mess, seller this
month So Is: New Mess seller February a s29 80:
Nou Mcse seller Jauuary nt :2g 80. New Mess seller