New-York tribune., 1868-12-31
WEpNEsnAY. Dec. sO-r. N.

Gold opened at 134i, sold at 1871, 13lS closing
lsHalsH The clearngs at the Gold Exchange Bank
were s55,sl5 600, and the balances s2.s9os25 S.
Government bonds opened strong with good demand
The activity in money prevents any speculative busi
ness but there IS steady investment demand that alb
serbs moro than returned to the street by sales
to realize money for investors. The stock OF noatng
bonds IN tho market is growing smaller every day. ana
The present prices have brought in heavy purchasers
from all quarters The total amount OF noatng bonds oil
all classes the three great cities does not exceed fifteen
millions With the present prosperous condition OF the
whole country the Of the ability and wish
Of the great majority OF the people 10 pay the deot IN
gold bonds the cheapest investment TO he had
and should sell at par in gold No other country pos
esse resources equal the United States or has the
security 10 offer 90 its creditors The South from its
large cotton crop is now out Of debt aud planters have
abundant means 10 increase the area OF production
next year Tho completion OF the Pacihc haIroho
opens the gold territories 20 easy access audthe yea OF
precous metals viii be largely increased as well as that
OF the mineral and agricultural resources of tho entire
continent west Of the Mississippi The trade OF India and
China Will ind its way to Now-N0rk via San Francisco
creating an entire revolution in the carrying trade
bringing an business 70 thus country WIN TIE
peacefnI and economical administration OF the Govern
ment under Grant revenues will be largely increased
and our expenses reduced. Even under present manage
mont our revenue exceeds expenses and leaves margin
for pavment OF tho debt Under the new administration
great improvement may be expected, when VIII pace
our credit on par with other nations state bonds were
sparpgly dealt in: Tcnnessees sold at 69 Ne" VIZ
riulas 57 Georgia per cent s Georgia per cent 9St
North Carolina Per cent G}3; New bonds O.! dol laIF
o, bonds were steady; Illinois Central bonds sold al
li4l. Toledo and Wabush Equipment bonds, 10 Fort
WAYNE nrsts 1O3 Rock Island per cent 9G 1Oieoo'
Peoria and Warsaw Eastern Division bonds S4t@s'1
Western Division s3tds5. Miscellaneous shares were
ou Pacific Mnll opened at lis, selling at li9s' clos
ing lls.; Delaware and Hudson sold mt loi
., ,9os Canton 49I; Western Union Telegraph a.
The Railway share market was bn0yan Inc uao'
actions were on large scale aud the difficulty IN borrow"
ing money had hut te effect on prices In the open
market there was not per cent difference between cash
and regular stock but TO cent was paid for buyer
tbroe EewYolk Central opened at 1867, and sold nj
ts, leO i5o Eric sold AZ 80, 1885, Michigan Central 49,
x dividend; St. Paul. 6sl; st. Paul preferred, sjh Ne"
Jersey Central Il5; Cleveland and Pittsburgh, Michigan
Southern and Cleveland aud Toledo wero hrn WIN ight
transactions The feature Of the market was tho great
activity I'm Rock Island, the Northwest shares fort
WAYNE and Ohio and Mississippi common stock
pock Island sold at Ilsi; Northwestern common, sol
preferred s3 Ohio aud Mississippi 35 FORT
WAYNE ia The purchases were heavy IN tcsc s'ocks as
wen as in New-YoIk Ceptral Hudson and Harlem were
ueelectcd: Beading steady at 991Ws. At inc /
o'clock Board NewYork Central sold at 1924 Ene 5'
Michigan Southern, SIT Rock leland 1856 Fort wayne
,as The feature Of the market the demand Tor the
shares, which advanced under great eA
ctteent for cash stock; the selling at SOL aud
the Preferred The statement oi the company or 'e
first half OF the year showing Let earnings 10
he per cent has stimulated large purchases ana
It viii probably advance TO something near It's vaiue
nm a removal Of tho pressure for money
Earning as 1t does large dividends as chicago ana
Alton Fort Wayne and Rock Island ITS friends claim TOT
IT an assured prosperity which is warranted on its heavy
increase IN traffic The earnings Of this as well as the
other roads centerng Chicago will show heavy gains
for the present week. The farmers are now SiDg ther
produce, aud it is being sent forward as as as INC
,ra,enort II, After the Board NewYOrk Central sold
u ,eo Al the Second Board the market reacted Oh new
York Central and Northwestern shares Rock Island
and Fort Wayne from sdl per cent Michigan sontherh'
Cleveland and Pittsburgh, and Cleveland and Ioedo re-
manned firm St. Paul stocks and ONO and MlssissIppi
common were steady. At the close the marAe' ii'u
rer cent closing firm at quotations oOVerhmeh' "o''