New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1866-01-22
OPEN BOARD OF BROKERs-l P. N.
SATURDAY. Jan. o0--P. N.

Gold opened at 1884, sold as high as 1894, and
closed at 1851. The European news seemed to
have little effect. The exports Of the week were
e695s94.
Government stocks, under the unfavorable ad-
vices from Europe, were a shade lower, ana 'ne
weakness extended itself to the $50 loan which is
suoted Ia per cent lower on the various issues
The business in State bonds, Railway mortgages
and Bank shares was moderate. Under rumors OF
eompetition between New.York and California, the
Steamship shares we're lower. Pacific Mail falling
70 l6O, and Atlantic Mail to los.
The Railway share mnket was feverish, and
.aosed unsettled The chief interest of the street
eentcred In Cleveland and Pittsburgh, which sold
a high as 80 under purchases TO cover short con-
tracts, and closed S4i 0S4a. There is an impress
;on upon the street that there is TO DO close cor
Nor IN the stock like that in Prairie du Chen In
view Of this fact operators will do well TO let il
sntirely alone. Holders for investment will do
veil to watch the market and improve an early OPP
portuniy to sell out for the real value of the stock
has long ago been reached. Michigan Southern
wss also active, and sold up TO 7la, and closed Of
70. This stock is reported over-sold. and higher
prices talked about. The abundance of money
On call will, probably, stimulate a good many
clique movements, and operators cannot DO too
careful, whether disposed to buy or sell. The
xreat mass of the roads are steadily declining in
traffic and value. The leading New-York roads
borrowed their last dividends, and Western routes
uaust follow their example before the year is out Oh
suspend. The following were the closing prices
Nev.York Central OF $751; Erie, S64 eS6i; Hud
con River, 1903 9l04; Reading, l0l 9i0li; Michigan
Southern, 20; Cleveland and Pittsburgh, 81, aS42
Money is abundant at S per cent on call, but
tenders under the advanced rates in London and
upon the Continent are looking for higher terms
The passage of the Loan act, funding scheme o.
the Secretary of the Treasury, is also waited for
and ia expected to give new life to the Money
market. Next month the Spring trade will com
mence moderately, and produce demand fol
capital, which, in connection with the funding
scheme and the disturbance in money abroad, will
give financial affairs in Wall-st. more spirit, and
advance the rate Of interest. In commercial paper
there is no change, and tho extremes are 1915 pei
per cent
The steamship ASIA OF Halifax, brings London
sdyices to the 9th Of January. The Bank of En-.
gland, in consequence of continued drain Of gold,
has put up the rate Of interest to per cent. The
Bank of Holland has also advanced its rate to q
per cent. The quotations for sos was 64!; Erie,
SS,aa, and Illinois Central, 76sa774. Satter.
thwsites Circular of the evening of the Sd, says:
.siuce our last the market for American securities
@ usus st this time Of the year. has been very Inactive
On higher quotations nom New.York. 5.2os baye i'm.
proved nearly o.. closing at 65la Illinois Central
sdvancs Of per cent; bat Eries. sfter improving.
closed hat At l under last week. or SCI d57."
'Bankers's bills ore quoted nominslly at iosie
ioea. There large supply Of cotton bills on the
market. Francs. s.isa saI6i.
Freishn ore dull. The engagements to Liverpool
ass "a 900 bush. Corn at a a5d.; 500 bales Cotton
b}S7-l6&.i l5q hhds. fellow st I5e. TO Loadou: