, 1869-01-30
EirH!:AaEEiisE,iAA AND COMMERCIAL.
MONETARY.

FRIDAY EsES1so, Jan. -.
Thtrc IL sorac reason 10 believe That u nrw era
!. abe ut to dawn for the principal Amcrica rail
Nsy ttucEs. II will now be ouiy few u1ootha
al the iu.ltcst TO the time whtn tho Enlon Pacific
Isa.lft al will be completed, AID tha. new com
mercial thtroushfazc. which tic most thnush'fal
men tho world haE.cunceded will rcyolutio:ixe
ita conmt1cr, will he opened 1ur t1at1c. Uf the
continuous lirc OF railway which Will then reach
from New York 10 Sun FEanct.co, the wcsttrn
half, with lts eastern terminus nj Omaha, will not
only BE- the only route In that half OF the continent
open to:ctncrcc, but 1t Will be under onc rnan-
sgcu ent. Nc5ond Omahn, there Will be for some
ycars al lcast, 60 chance for competition. The
carrying rus!IcEs ofthat freat ra1c Of the Orient
which has from the earliest ages enriched cvcsy
Ration that fuecccded In getting the laEroat
starc Of ii. aId which has heea tue grand oh]ec-
Tive po!nt IN :l1e progress OF nu-s,a-wh!ch was
tic Itnoie hut tIut cansc or tho C,lue1n w:s,
std IL now etaiinG fcr rroErc;s IN railway .u'1 l.
iEe-,hr carrying tu.isc:h Of tha: tratr will he
c2in{t te IGr Il! TN In bJ the Estc1u roals, and
The InestIt ftEnleLt IL the New York siock mar
l.t is carsef by the projects Of tho reyrral
cionts TO get cant,ol Of through rnutcs from tho
Ea.trrn scntoo-a to Omaha. TIL. late
hcary purehaees Ct Ceyclatd s. rolcdu, Mich
ran Southern ard 1,ock Island, AID the
Tol.eo i Wabash. and Scrtawcstcra, which
have taused 70 'ar.:c IN alvat c. In those stocts
US VT Ii az rome otlt.e, arc reported to hc with
Il at ca ject In view. duet what roals ils clique
uav tuecr.d IN practically consolidating will OF
cnE,se no. he known nItl, It is sit lonr hui that
lhesc projects ngt IN profteFs fa pretty .ria ..
Det.des this, the auentirn Of European captn1-
ls.e has been tutncd 10 the stocks OF Western
reuas l1try, Iot ocly from their PROSPECT OF tip
I!pg Ill. As!ate tr1de, but from tic dividend
rsyirg capabilities which the ttanspor' u.
sscn Of tic increasing CROPS Of the West
81. III TO proml.c for the roads, AID Eng.
tish Investments ia Ncst-rn stocks have
cr1tcqueEily increased eo1ble Al much
In .hc past y ar a. ever brfTe. We scc 1t stated
Msc, in the New York Tortd that m Invitation
bat bttL czt1I dcd by number OF the lea,lin. .
1allr1ac lfcsidsats 10 tic moss prominent elpi.
tAI!s:s Gf Europe, toioln in an excarrIon from
NV York to tha WesNne1t spring. which Ia IN
teIcta to be one Ct the most rvtahe affairs OF the
Kind witnessed it this c5untr5- Tbs OBJECT Is ia
Eet foreign capitalists more familiar with the re
sources Of the West, and TO encourage the invest
mect of foreign cA}itsl In Western railroads
7hEe with the possibility OF Increased invest.
ette OF foreign capisa. and the certainty nf hay.
Ing rev aId immense feeder n:xt summer II
the Iacifc Railroad, ihete IL proeprc: cra ycry
l7Ekc and rcrr artrt lDcrtasc IN the value ol
| mary otttc stocks.
Thte was notably dull day, not only at The
hanks, hat in general trade. In the Money market
cyclyIhltE Is IN the came situation rs noted yes
t6rday: Money moderately easy In nearly sll
q1artcre, except at banks who:c customers arc
mostly grain MD provision dealers. From .heet
last comes the only yet5 Aet1ye demand for MONEY
that Is now experienced in The market Mer
| chatts, lumbermen aud o'hcrs ara comparatively
easy for funds, ard the aggregate Of their tc;o.
i:s Is slowly tLc1cas!ns, and n king better sup
ply Of funds 10 nee. tho dcnand Of tue p.oduc.
/ operators.
There wtrr * 1nc heavy rtmitances cE CURRENCY
to the country to day. the largest amounts gotn;
10 Omaha, to be used IN The monthly payments
/ Il railroad construction Contracts, aud soue
| smaller amounts 10 the erEn and cattle-ra,sin1
districts OF this State, though TO: in euf,1:lcu
asacuas 10 indicate any particular change in III
| ms,ktttSE Ct produce.
Exeha1 re continues f1m a: sc TO Soc hetwcc1
hanks, With also good couctcr demand set
Bakers continue 10 tcll to thrir customers q
LILO premium and 10 bug at from par to Ito d =
/ count.
Government Bonds continue dropping aad art
| qucttd today about SC lower than yesterday
lls ts the more remarkable as the whole list 9
railway stocks have been fcclire the stimulating
eject for several days past, 0! Tie Increasing
caseln EoncJ. ana the whole stock li.t Is from
to 5 Ics cent h:cheE ttaa week ago, Dealers
RATES for bu3ir: and sellirC Government Bonds
Lec,1 stosk-, Gold and silver, In thu. matke
S+~ ~fs. rrt1S~