New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-02-08
SATURDAY Feb, s-r. N
l01 O'CLOCK a. X.
tHsrg g1y A. 80 30 4

20 10 MI aIt ( s. Pp... iSi isoj.,......"9ll
SATURDAY, Feb, s-r,M
| Gold opened at 1851, sold at 13j, closing at
| 195lslasl. 3r--r. Etef a.r
Government bonds continued strong and active from
cU2tnued heavy purchases for shipment and Investment
There s also heavy PURCHASES made to cover short
,racts Inv t bears. The short Interest continues yeT
forge and bonds " all classes are in brisk borrowing Do
There are ntiroaton. FROM washington Of tho revival
OF project which was brought forward last year aud
sumrnay disposed Of with scarcely aVo'e IN us favor
We aude TO the proposition to authoTze the treasury
Department. to convert registered bones INTO coupon
bonds The conversion of coupon into registered bonds
us authorized by law and practced BY the Depart
ment is good thing, It affords the means ofsaiey
and protection from loss tho holders OF our bonds WHO
are beginning 10 contemplate with alarm the danger u
holding coupon bonds in view of the extensive robba
which are almost daily taking place. But the reyas
operation OF converting the registered bonds backhs
coupons should not be allowed. The country cannot T.
ford 10 have the Treasury Department burdened via
the immense labor and cost Of having our two housaA
millions Of bonded debt floating through Il By
the constant conversion and reconversion 40 tho capr
Of holders and the markets, to which this privilege
conversion both ways would open the door. We do no.
want to sec the Treasury printing establish
ment restored Its largest proportions under circsn
stances which would render it perpetual necessity.
There IS no public necessity whatever for tho conversion
OF registered into coupon bonds such exists for the
opposite process and the more OF our funded debt We
can get into registered FORM and kept there the better
will be the holders and for the country The bond
thieves who driving active business all over tho
country have quite field enough for their operations
already and Congress Will DO well not 10 leglsate IN
their interest by increasing their opportunities
State bonds were dull with small sales. Tennessee
per cents sold at ca New bonds e11; North caFolnss
per cents, G2i ees bonds e; Alabama per ceat'.
o3 Alabama per cents, 65; Georgia per cents go
Railroad bonds were offered in small anounts North
Western Convertible bonds sold at ei; Fort Wayne ss
9si Toledo, PEORIA and Warsaw lists, f. d. So Canton
sold alto Western Union Telegraph was ffm At SsaSs
Delaware and Hudson sold az i2s Pacific Mail oIened
and declined to 1f9 moderate ssles The sharesa
the Adams Express Company have boon registered alta
Union Trust Company aud called az the AoaTd'
the sales to-day made at Ca aSo. American Af
chants Union sold at lsi. r.F LIN
Railway shares were fevcrish. At the opeping the
market firm, but after the Board there va lis
position showp TO realize, aud prices fel from is pd
cent NewYork Central sold at lc2 fCOl closing lt
The opinion of the appears be thar The directors
Will apply to the Legislature TO allow the SCRIP DO
converted into stock UHul this dous the eeria-
Gates will continue 10 be attched 20 the stock "a
| heretofore The books viii be reopenod ia tW
days, 10 allow tTaIsfers 10 be made, prepeHasY
to paying tie semi-annual dividend OF per cert
on lno StOCA 1uo NtsSIA tisb Ndo tkISuA, aSA 49,
Island advanced to 1885, Northwestern eommon, 81;
Northwestern preferred, e2l; Fort Wayne, 10 Panama
Railroad sold az 335; Michigan Central 1875 Lake sloe
1924 After the o'clock Board Pacific Nail d,clluedo
IQ, and the whole market became unsettled, deeIips
from .9s per cent There was no Second Board. bi
dealings kept UP In the Long Room until 81 o'clock
Prices were duh, and the amount 81 transactions very
light The market was dun and unsettled the close
Government Bonds closed strong and very active al
quotations: ..s. .s-s.-t
6 & R Il RIB: r. E HI g. ss Coz Sss s giYi
T. $ O. Cogpoa,.. il. ii4s V > q to'f 49,. ~
o. & sscs, Corp. IA, isiaii3G 5 iSo CsG..... i,isss
u s. S2os, Coup o.. Ito dll,u. s go CoaP, ~ Aiftt
Messrs Pulestoa. Raymond & Co. rtI0rt tAe closing
quotations at tho 1880 a. N. Board follows:
NEWTON c,uta. Al i caa. Barra sou..sl =,
H II..as &..!.ii 49, s s l. + r r 4
SssSa5avs..,,.. 80 IbSaG i Va ga; - Is
Brockyn Cly......... - 205 no. NJ. wesfr O.
Long lsta1, :.,....,.. g 81 ToL, ~ VIA g,t -,
s.oaiesiea;.;,...;;... Nssie,',y ceaF."ii ~
saS Ass., IS, IS ' r. Wst cat M
Mich So { n lrdiua go q Az Ter ~. PCT. - %
c tasi Sis' ri;i . o S i sE s. =
S che \ S %s' Ia 81 Man Man en- en- gI 1;
The following are William Heath & Co.'S lasOS''a''
Cumberland Coal 1l H,rrn ..s.......'.',s "a
Ns Nell: s e. En- g Ss.s. .a fils5 S
A As E.S sSs. 81 Soa g,
s s,.S, Ssi Inc. s5'I Es 81 fs5 "a =
S% as. ~ &C. p sG.n r''''.. g
Pseis ..:....Iss ils 81 PSa rrs'Si''...Is NJ
M Ms s.oa TEL. 81 - 6sS .1d II
Sofb CaroI-sa $500 81 ~ Msh.an Sogtaeu... - "
virginia r ,,: 70 ,- 90 Iriao Ce0tul. .....lsa a
S..!sS Water Porsr " S .s.. az. AID r.
Manpo.a Prrftrrcl. 2I 2Sl loc4 iai..''..''is' FL
EssIoA Central isii SSS y .s VI
Hudson RUer...,,...l9 - I OH.
The following were thebids for Bank stocks;
EevYok..................S MooliiS ,.''''''''iii;,
HeS,sIss. SSos aaJ
Pneor '''.''''''" iVsl Sonul
STATE Of Observation-Disclosures CShmousea
SstSssIss bnilSs f%Ss
Ameucsn RIsbaaEe. Central Nsu"nl -,
BsaS u North America. no Nisih satiu
Hanover OTioatsi,.s'''s'
And the following for Railroad bonds: .,.akn
gsxro,l c.,r., 8, lar, p o. ,To,eso wabash /. ". en-
Newlotk Central 6s. r. Estate g. llol Masssn "a ~
ssioTs C MSls sS G xs a a
E ks {: ss Mort Mort lad isssg s,sS Sss
Hsd mtr Ss: Sss sss csSsr
Mich Con. new 80 rs 'ia,.. wsyae ms
meG s az s I'd 7rs aciossapd F,i.sss IN
I;ss Tg's,l y Mo- SS s,:."& r F'ss
Alton n H. sdMert Pref, "a IGlessa Atou lacsnss"'
GiSn q Mort t5 ss, 3 p PsI sH
Che ~ Wsen lat Bd,; VI ~ ~. ~ p ~ ~ H. TSO 81
Cos.osssi NJ a LA NC SINH asd ~ eao j., ho''."
Han ST. Jo Land Grants l9s Nil 50 Pau q Not''
hah. ST. 10. M Ct eoast..ilo,I "a ,.osefs
desire to mako two days interest The offerings
ION Ga