New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-01-13
TUESDAY. Jan. l2-P. N.

TUESDAY. Jan Up. N.
The frmness in the gold market is due en-
tirely to strong clique movement Their intentions
TO buy all tie gold now issuing from the Treasury and
hold t. thus forcing merchants to buy Of them at high
prices Under the present prosperous condition Of the
country the premium would sink below $50 1t
for this combination. The opening price 1881 selling
afterward al 1881 closing at 1854 bid The clearngs at
the Gold Exchange Bank si679sOOO and the bal.
Rnces, s2,106 13o c..
Government bonds were firm, with heavy investment
demand for all classes. The speculative demand was
checked by the report that s5OOO New EOS were TO be
sold this month, and bonds sold OH from per cent
After the board however. the denial Of Mr. Van
Dyck that any such issue be made the market re-
covered the decline and was firm.
The recent letter Of Thomas Ewing advocating the
wreched aud threadbare heresy 81 the payment OF the
80 Bonds in currency, suggests the importance OF an
Immediate passage Of Edmundss admirable resolution
declaring the bonded debt Of the United States payable
IN coin in order that all this miserable twaddle Of semi
Reputation may be stopped at and forever 1t does
but le harm among ourselves when nnetentls Of our
people know that all buncombe :but il is disgrace 10
ABROAD that the question should be left open for dis
"sSOh at AL ana that Congress should leave the door
open Tor any man in his sober senses 20 talk abort IT,
oues sIate ami Southern bonds continue strong and
active The question Of free labor seems TO he ,,vg H.
cell very rapidly In the South from All the aeenut. w
"A a.
o' 'n~' 'hey are making out OF free labor than
.pes ever da ont Of slave The rise in plantations Dur
iht '' pact lev months has been very great The ye
"II"''s oTe'esPi says Of sugar plantations:
'. , which were bought for $1,000 two yeors
yas hongS, h now could get $50 100 for One which
pDus s ABOUT two months ago for sl3J on lie
wi, reused $4,000 for OF course this h he
"oh'el A. When the net prOceeds ~ ny W y.
- o s ~ TOT tSOm or $4,000 with an otiav ~
s.|v =" s~yVo VIII make crop Of SOGo or ESQ go ~
eihou' capitalists, everybody knows Sra soOUo per
lou oI wsn me results are patent as this wear IL
examining ana selecting plantations for NIX ene Ilyer
Element. i0i permanent set
Based upon this advance in real estate aud -.
peace ana prosperity " the entire South h 4. -, w
prsing that Northern capitalists should bear,s ,s
tn southern bonds, and this accounts for tho od -,
Alabama, Georgia, and Louisiana bonds. rho~ - -
reason why these per cent securities which
Hoi ot9oO per cent should not soon approach the nr
" 'u o"'es cur cncy bonds, and all Northern sta,.
bonds which sell at from 1O0qIO9 which thew tno,,,,
will do under the present prosperous state n,
Tennessees sold at 6si New bonds es,osss. vir, ~
per cents, s7i North Carolina per ceDts &C. NJ
SAL Missouri per cents, 81; Alabama S. SCI, IonIs,on
per cents advanced per cent selling at 73 Hsv -
per cents were not offered under es1 and tba lave.
10; the offerings were light and large lots cond me-
purchased without advancing the IosrJet Rauva
ponds were strong Rock Island per cents sold at oa,
Morris and Essex lists, 96t Northwestern lsts o91 To
ledo Peoria, and Warsaw W. ID. lists 49, st. Louis ana
iron Mountain lists, 81. Canton was steady at nas4I
racine Mall continues strong at l23iaI2 Express
were dull with the exception OF WellsFargo which al
yanced per cent
Inc snare market feversh upon the spac ulat,ve
Inc market opened at the closing prices OF
es was followed by rally Of sal per cent but priecs
'''' HO' sustained and declined again to about tho