New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-01-25

traction policy is just commencing TO snow Its effects
upon prices in Wall-st. where specuatons as ram
pant those which marked the issue OF paper
money are as certain as any future event can De
Gold and gold bearing stocks already respond TO the
accumulation Of capital and share property Will not
hesitate long. Intrinsic values have been passed III
many cases, but spectators nothing lor 'hlS'
Profits not stocks. wanted by hequenters OF the
street, and buying for rise is now the rage with
small and large dealers.
The dealings in Government stocks at the counters
Of brokers' and upon the street have been very large
closing al a further advance. For 1905 1871 is bid IN
large sums by parties who think money "a to DC
made not only in further rise but by the difference
III interest 10 be made by carrying them upon S@4
per cent money market, which IS confidently looked
for as the year advances. The 52Os have sold at
lO7l and are in large demand. Since the Rebellion
commenced, the most profitable use for money mas
been found by investing in United States STOCKS
The gold interest reduced to currency has made the
very productive of income, and there have peeh lew
occasions when holders have not beon able 20 scii
out al profit As the per cent gold bearing so0"
are the best security sold on either side OF inc A"n
tic there is no reason why they should not advance
to much higher points.
Exchange is frmer and quoted a. loho"s' Lon
don. 60 DAYS. 1O9, sight, llO@lios; commercial
1n,,a1G0; Paris. long 51GsH5l5 short, 5I3s@
61ql. Antwerp. 51Ss a5.16!; Swiss 51S3G5I64
Hamburg SCI Amsterdam. AZ Frankfort 4Os@h;
bremen. Isl az; Berlin, NAM.
The Secretary of the Treasury has issued special
order directing that inasmuch as the Pacific Mail
Steamship Company have established continuous
line of Transportation between the ports of the East
Indies and New-Yolk, by way of San Francisco
Panama and Aspinvall, TO examination or appraise-
r = :, ,iral San irstpr 500
but viii proceed under the original bond and mani
fest.
Chicago and Northwestern Railway Co. earnings
the third week in January;
1853 s6s,273 % llsd7....slla9l2 IS $4,000 80
The Toledo, Wabash, and Western Road earned
the first half OF January;
1867 SII2O59 40 ISJ5....f12l,s1j 80 lnc..Sl2sl5 "
The business Of most OF the railroads of the coun-
try is regularly increasing. The Reading Co IS an
exception. Their coal tuunage has largely dimin-
ished and the gross receipts are SOS9 less in 1861
than in 1906 while the net profits have diminished
s324OlO or 81 per cent. The price OF coal is lower
than year ago. and il Il reasonable 10 infer that
coal roads must diminish their charges and profits or
lose tunnage and profits
The Hudson Highland Suspension Bridge Com
panyn applies to the Legislature to be incorporated
for the purpose Of constructing ana MAINTAINING
permanent bridge across the Hudson River at some
noiut between Verplanck's aud Buttermilk Falls,
with the obligation to complete il by the 4h OF Jnly
1S1 The capital is fixed AZ $25O0000 with power 70
increase it. The bill allows railroad companies to
become propretors to the extent OF ten per cent Of
tho entire amount, and rails may be laid on the
bridge for the passage OF railroad trains. The bill
requires the safety of the structure to be tested by
the State Engineer and Surveyor and fixes the rates
OF toll forwhich animals and vehicles shall be permit
ted touso j. The point at whchi'i proposed to build
this bridge is the natural place Of crossing for num-
her of railroads. The Erie and Now-Eu gland Rail
road projected 10 be built from Turner'S. IN ORANGE
County to Derby in Connecticut would use thA
bridge ia its route although application has been
made by the Company for ferry franchise. Ire
Railroad trains may cross, and run 70 New-1ork on
tho eastern bank OF the Hudson. The West Shore
Railroad will also have tho opportunity to meet the
Erie Railroad at Turner'S and proceed thence 70 the
bridge on its way TO New-Yorll The Osweg0 and
New-York Midland Railroad. which viii unto with
the Eric at Middletown. viii also follow the same
general route Thusthe proposed bridge would bo o
common thorouglfarc FOR several important railways
traversing Tire southeastern part Of the State.
Freight. 10 Liverpool, 600 bales Cotton 90 d., and
100 tcs Lard at SIS. BY steamer, 1900 bush. Corn
n U.s.. ana by next weeks steamer 800 boxes Cheese
~ Goa 15J boxes Bacon at 50s 100 tcs Beef at los
and 100 bbl5 Pork at Ss To London, 20 tuns OIL
Cake at 30s, and 70 Bremen, 800 pigs. Lard at 22s
I'd.
The Broadway Insurance Co., with surplus Of
$4,000 has declared dividend Of six per cent pay
able Feb. l.
The following was the days business Mt the Office
Of she Assistant-I Treasurer Receipts for Customs,
s275 OOO; for Gold Notes $4,000; total Receipts,
s. s4SG95 C2 total Payments, s7iGGi4 5si Balance
$lO7l4S.5ls 40.
The following are the movements OF Dry Goods at
this port during the week:
ENTERED FOR CONSUMPTION.
If p( PRg. NElns