Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1869-01-21

Cnchun7ht Aonex A8rket-7JamszD 10
GoLD,,ls5 buying. r., ~ S.,&
ing and so to lilo premium selling.
,MONEY-Market unchanged. a.
New York Money market-Jan. 40,
MONEY-In improved demand and the
rate on call loans Is sharp at 7per cent
There was some appearance of temporary
looking up of. greenbacks. Towards the
close Of bank hours the supply was more
liberal and the market easier, though the
rate was unchan ged. The stock exchange
was the seat of wide fluctuations. The
nulls rallied the market sharply from the
loW quotations OF yesterday, but the bears
made another raid and reduced priees Il to.
8 per cent. under pressure of sales. An
prehension was oceasioned by unexpected
activity In money, and the circulation of a
report that the Illinois Legislature was
again at work on bill reducing fares on
all railroads of the State.
The Express says Michigan Southern
stock has been steadily absorbed OF late. and
it is understood that parties in the INTEREST,"
of the present management have sold
their large holdings. Report says
some of the recently authorized new stock
has also been sold, but this IS doubted, as
1t is supposed none can be sold under par.-
1t now turns out that all this Michigan.
Southern stock has been bought In thetin-r
terest of Vanderbilt and Jay Gould, and
that at the March election the road will
probably pass into the management of the
Erie. The relations of Vanderbilt and
Gould are amicable, and their position ON
the market indentical. The combined eap-.
ital of these railway. magnates, and
their followers, represent fifty TO one hum.
dred million dollars. The other railway
Kings and their adherents are rapidly pass-1
ing over to the bears, side, which adds new
life to speculation. q - .s'sS
at the close to-day the bulls made an
onward movement, and partially regained
STERLING-A shade firmer at 1093k@
1105a. lle So lATla5A a1A 5sl5ei >, =.
GOLD-Firmer; opened at 1855, and
closed at 135A@ls5zS.
New York stock market-Jan. go.
GOVERNMENT STOCKS-Firm, but,
dull. Purchases. by country banks con-
tinue heavier. t:9s1fsa
Coupons of 's1 11211SS;;f do '62 11311S; do 'e4
1895 5@1103s; do '65 1093S(9110; do new
1857 @10s3s; do '67 10s5aiS 1887, do ,6S
l0S7s@10911s !: 10 DOS 107a4 4@lO755S. -ssr : -
The railway market opened feverish,
with New York Central as the chief fea-
ture. Late yesterday this stock fell to-
l6l54@l62, from sales by holders not dis.
posed TO take the risk OF publication of the
affidavit of Vanderbilt in the Jencks irl-
junction case this morning, where it was
shown the affidavits contained nothing all
ready known. Sellers of last evening be-
came purchasers, and stock rallied to 1887
then fell to 1926, and subsequently, ranged
between that rate and 1857 The dealers
in it are mostly confined to those who
share the confidence of Vanderbilt and his
friends. The rest of the list sympathized,
to a limited extent, with Central.IliY s1saso
Express shares lower, under q proba-
bility of further legal complications.
AT the close railways were active and
buoyant, with general advance, the fa-.
vorites being Central Fort Wayne, Rock
Island, Pittsburgh and Michigan South
ern.Jfed IN ,tZat yal 20 abIosr SIT
$50. prices-Wells' Express. 26,s@2ea<:
American 1904; Adams 5695611; UNI
ted States 4614(94624; Merchants Union
Express 16A @1714; Pacific Mail sll93k@
1885 : w Western Union Telegraph $500
353z; New York Central 1850 1882; Erie
3S3s@3S5s; Terre Haute 39@4l; Wabash |;
6I34@62; st. Paul 75@7511l; Fort Wayne
| 1880 l24; Ohio s. Mississippi 33X@34
Michigan Central f1l6@lIS; lMlchigan
Southern 9l7s@92;j Illinois Central 1888
Pittsburgh 80; Toledo 1013<@1017s; Rock
Island 12S24@12s1ss; North western S15z@
Sl1s; Chicago g Alton 14s%:e Cleveland,
Columbus, Cincinnati q indianapolis 75;
st Joseph los; Chicago g. Great Eastern
4711a; Columbus, Chicago. &, Indiana Cen
tral 4711as :. nor Ii'oy q 81 siiF y .'ls