New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1866-02-06
MONDAY, Feb. 81. A..

MONDAY, req. J--i. NJ
/, Gold closes 1879, q 1929. The cost of borrowing
\ gold from day to day is 3-l6a4 per cent.
Government stocks are finn, but the amount of
business is quito limited not only at the Stock FIX
change, but among dealers on the street. The
7.3os are arm at Saturdays rates State bonds and
Railway mortgages neglected. Bank shares are
steady. Pacific Mail is quoted 1859 1876. Railway
shares continue TO 6roop, and are neglected alike
BY investors and spectators in the face Of an easy
money market and improved earnings on some of
the most active roads. The conviction is
steadily gaining ground that lower prices
Ere 70 be made on all commodities a.
the season advance, and bank balance or a call
Joan at low rates IL preferred to anything offered as
speculation by merchants or brokers. A: the
second board prices are lower, With the exception
of Erie, which sold at IS 076l, against 76l upon
tbe street. The closing prices wcro Ohio CcriG.
Gates, ~ a@4S: Canton, 4J a45; Cumberland Coal,
S3S4i; Qnickslver, 4O2iOI; New.York Central,
S5Gs7s; Erie 70. o7t9; Hudson River, 99i lOo
Reading, 9SI 09s3; Michigan Southern, 67iaC7s;
Cleveland and Pittsburgh, sls asl. Rock Island,
g9i e9g3; North-Western, q! 027t; do Preferred,
SASH; Fort Wayne, go 992s.
Morey among stock houses Is Lcla at 6 peI cent,
and occasional loans are made at s per cent A
good deal Of capital is locked up in Stocks but the
daily wants Of the street are small. Commercial
paper does not increase in favor, and 797i is had
cpon"' fTe-proof' names; good sell al cas-, end
ordinary az l0Tl5 per cent. The bank statement
is not fsyolab.e TO any decrease in the rates for
money, but the reverse.
The loan a:l Gomez vp az the special order on
o,,1 cbao be
engagements Cor capital except from day 60 day.
That the bill will pass substantially as introduced
there is little reason 10 doubt, and still, less doubt
Of the ability Of Mr. McCulkch under il 10 vigor-
,usly move toward specie payments.
Exchange Ia dali, and under The pressure Of az
abundance Of Commercial bills tends TO lower rates
We .quots: Balkera Sterling, sixty days, 1903;
sssukers' Sterling. three days, io9aSi09.; Com
.nercial. fe7GI07t; Francs, long date, SIS 5.2lt;
Erares, sbort date, 5.20e5Ei.
re aev North American Lloyri's Steamship
compa.v haye purchased tho steamers Atlantic and
Baltic from the Pacific Mail Company The Al
,sn.e il ready for sea and viii be the first steamer
"a. The sex se-vise between Kew-Ycrk, South
sIpp.oa and Brrrnes. She VIII ssil on the I'D inst.
yhe Western Metropolis will follow in March, and
.hs Baltic after beixg thoroughly cverhaulcd and
G.ted OFT, will I've ready in April.
Tho Pacific Mail Company viii, st an early day,
IN. upon the route the A,pinwall, new shipl
superior 10 tie Henry ChsDncey. Tho Atlantic
and Baltic we're each sold, and will be replaced by
slGps Which will be run much cheaper.
James u. Nichols, with Bryan, Van Setback D.
Co. has been elected member Of the New.Yors
stock Exchange.
The firm Of ". +. TIayer, & Co. has been dis
s,lyed, and new house formed, under the title OF
sJiprelanl Prince, for the transaction Of sgene-
ri stock end cold byoke;age tgsiDe.. The mem