New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-02-19

closing at iS4f The cearings at the Gold Exchange
Bank were s57 OOO and the balance 800 Is Cash
GOLD was plenty and high rates continued to be paid for
carrying IT. at the opening the loanng rate was l32d
Government bonds opened steady at the closing quota
tons of yesterday, but upon the decline in gold the
market was from to per cent lower There was no
pressure TO sell short and good investment demand
was at the of the large dealers At the
close the decline Of the morning was recov-
cred and the market closed strong ana active.
state bonds we're dull Tennessee six per cent SOLD at 6
New bonds Go North Carolina six per cent, o2i@62t;
North Carolina new bonds 599595 Louisiana bonds SIX
per cent sold at 65064t Railway bonds were sparngy
offered at quotations. there is continued investment de
rnand for all the bonds of the Western roads Msee
lapeous shares quiet Canton sold at co. western
Union Telegraph, 3Gia3 Delaware and Hudson i2Si "a
cic Mail was excited and weak under pressure OF nod
ers TO SELL The market supported entirely by the
shorts who bought heavily u cover outstanding con
tracts The opening prcewas l0t from which price IL
advanced to IO8i selling afterward at iOS 1914, loet
closing 1911. The surplus Of the company for the past
quarter IA stated at after paying the recently de-
clared dividend statement Of the affairs OF the Com
pspy will be made the ls OF March, and 1t Is expected
will be made in detail so that holders may be enabled 70
Judge Of the value Of the property The shareholders
have q right to know what the net earnings are
and also IL any real estate or other properly
has been sold in order to mark the stock from $50
P"''SDb~'
traffic of all classes will be diverted 70 the Pacific Road
on s completion and is expected that the statement
will give satisfactory exhibit OF the expenses and re-
cepts OF the China which common report says has
been a losing operation from its commencement. Ihis
line IL was said would make up any deficit made on the
San Francisco route the stockholders are anxious TO
know to what extent these expectations are warranted
by the present business In the Express stocks, the
market has been quito active. Adams which sold In the
morning at g. sold up 6i In the afternoon and Weils
Fargo 4 Co. was In good demand at32032t meeting OF
the new Board of Directors Of the last named Company
was held today and A. H. Barney elected President ana
James c. Fargo, Vice President The McVlokar sult
against the Merchants Unon pending In the Courts
nterferes to prevent the adjustments which have
been anticipated among the old Express companes-out
It ia reported the proposed arrangements whlch VIII
practically put these companies where they Stood as 10
routes and business, before the Merchants Union
imbroglio commenced, will soon be contaminated
Railway shares opened firm at an improvement OF Ia
/, per cent from yesterdays prices There was mode
rate business done in NewYork Central st. Paul, ana
North Western shares Reading, Rock Island, Michigan
Southern and Fort Wayne were sustained, but there
were no made except by the cques to make
quotations At the o'clock Board the market was nrm'
After = CALL upon the report that money was easier,
there was more demand for stocks and further advance
was made in prices New-YOrk Central sold at 1923;
Reading % Michigan Southern 9si Rock Island. l27i
Fort Wayne llsl; Northwestern Common. sat- North
Western Preferred OO At the Second Board the market
was strong and at the close there general advance
In prices New-York Central sold at 1854; Michigan
Southern GA; North Western Common SO Northwest
ern Preferred OH Pacific MAIL l07t Rock Island l2s3i
Fort Wayne, 1lel dl20; Ohio and Mississippi Common,
3N The market for Governments closed strong: