New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-01-21
OPEN BOARD OF DROKERs--l p. NJ.
SATURDAY. Jan. 19-r. NJ.


Gold closes at 1885, after selling as high as l3 Inc
Saxol1a took out $4,000 in specie.
There was moderate business in Government
stocks with no material change in prices The Rail-
way share market recovered part of the extreme de-
cline of Friday afternoon under purchases 10 cover
short contracts There is neither investment demand
nor outside public support TO the market and no
large amounts of stock could be sold at quota
tions-the most sauguine bulls and bears
operating for turn, and just now quite
anxious be rid OF stocks which thew have long con
tended were nearly worthless The steadily decreas-
ING traffic Of roads and the certainty that tins state OF
affairs is to continue is making money lenders mole
cautions about loanng on unproductye shares, or
upon shares in roads whose dividends are paid by
borrowing. After the call the market steady,
but grew weaker at the close. The last prices were as
follows: New-York Central 10Sd0st; Erie, 63l4 63.
Reading lG3{GlG. Michigan Southern, ~ an;
Cleveland and Pittsburgh, sod s1.; Northwestern.
H3aHt; do Preferred, 5Qa59.; Rock Island, -. ag5;
Fort Wayne, 96ae6!
Money on call is per cent, and the best houses,
with firm collaterals are not able TO make better
terms Prime commercial bills sell at q as, and fair
9al2 The banks not disposed 10 accept low rates
for money, or 10 make long engagements, while po-
litcal and financial affairs unsettled IN Wash
ington The inflationists and Spectators are sure
but their opinion as yet is not enforced by anything
in the administration Of the Treasury which steadily
contracts in a direction which oblges the banks and
private debtors to be prudent. There is nothing
thus far to indicate any intention the part of Con-
ress the Treasury TO their efforts 10 return
10 specie payment, and until change is seen traders
upon borrowed capital cannot be too cautious
Exchange closed as follows: London, 60 days, 1904
a1O9s, sight l1OallO., commercial, lOSi@l09; Paris
long, BIS! a5IGi, short, 515a513.; Antwerp, 5ls.0
5I6!; Swiss, 517ia51G. Hamburg, 81. ASA Am
sterdam 4liG4!; Frankfort, 4l4G1l3; Bremen, 49,
d79; Berlin 72!a7&i.
AT Chicago and other Western ports money con-
tinues in sharp demand at high rates. The Republican
of Wednesday night says:
Operators who were sangune OF an easier money mar
ket after the LIST N January now find hat Their caJeu
tons misplaced The market, generally speaking
remains close and firm and only favored parties are able
10 obtain loans Rates Of Interest are ffn at 10 per cent
OF the local packers and provision trade is
active On the street money per cent per
month
The Tribune adds:
with steady reduction in the deposit lines and active
demand for money the market Is working closer each
succeeding day. and many OF the discount houses report
that the market has not been so stringent ~ any time
during the past three years AS IL Is az present The BANKS
discOuntng only for the most favored cIlhtomcrs
other borrowers entirely ignored IN the open market
rtclas7 signatures are taken at 1890 per cont per an
num- and secOAdratc names at Z12! per cent per month
The interest of the Mining Board centers in Con-
solidated Gregory OF the latter concern The UOrM
says:
tits well for the public to know the history of COnso
dated Gregory The original stock OF the company was
10000 shares and this was waered Oh ne Iiclllc NAL
and Rock Island plan to 10000 shares Of inc new $4,000
shares wacrcd stock 900 shares were Issued for
nominal consideration 70 the present ring Of operators
who are now bulng the stock and 1000 shares were
who obtained the 10000 shares for nominal nserhtl0n
trying to sell out and engineer their stock on to
the public. They doing this on buyers or
way thoy can seli ana II thhcy sucoteqtu, az y1
share, it would amount 70 $4,000. Not bad thing
after ALL although Of course not quite as good % $50
judge for Themselves that the best thing 10 do with Con
s0dsed Gregory is 20 leave II alone either long or short
they can put II up and down just they please Their
aYowed purpose Is to clear out the whole Of tho stock
my now hold ut the best price they can, even IT, in 30
hs one OF them quantity remarked II stick the pub
nc az w. you know, we shall be able to buy back again
after all, don't you know"
The Corydon is probably another ayers Mill"
game and should be let alone. The concern is stated
10 have been put upon the street. at 100000 for
Mining claim costing less than $1,000. The stock is
now tod up by ring" and whoever is green
enough to sell II will find his pockets in danger if
he has not the stock in hand to deliver
The total imports at New-York for the week com
pare o. follows
week ending InIa JAM Jan Dee a.
Dry goods 22I, Oo3 tI03l,9Gi sG90295 e2275ol6
GENERAL mdse. 2OO8,952 S.o2722s 2''4s7eS SsiS6s5
Total. ..tl229,855 s7OC2,lo2 aIloOH s,22',7Os
The New-York imports Of foreign dry goods COM
pare az follows: ~
S.r g. VIZ lse5: 1ses g., ., lsSa;
T TRfe%S S az i msrRR Stt. SsSs Ss 5si
Sine JSa 1909. is6g ls ssa:7