New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-08-07
FRIDAY, Aug. e-P. N.

FRIDAY, aug. W h.
Gold opened at 1859, sold at 1861, 1876, clos
ing at lS6lSl9es TheIclearings at the Gold Exchange
Bank were ISL 965 OOO and the balance S2O2i,06s 2s
Government bonds have been firm at fractional decline
from the highest prices The offerings were very Light
and there continued steady investment demand of
all classes Currency per cents continue In active de-
mand in exchange for $50 bonds and some large blocks
have been withdrawn from the street during the past
week; i0-t0s continue firm az ll0b~L4 Ihe MARKET
closed firm but dull.
State bonds have been strong Tennessee per cents sd
vanced to 62t0Ss; New bonds 59i9@; Virginia six per
cents exCOupOn So Missouri six per cents S9eoIb Ala
bama per cents 93a Railway bonds were IN good tn
vestment demand. Bank shares were firm; Bank OF Co
merce sold at 1885 Bank of Republic. 1885, metropolitan
1876; Continental 100; Ocean, 10l Bankers ana Brokers
no. Pacific Mail sold at SIT, $50 and So closing o4iqa
Railway shares were dull on the Eew-York roads aud
Reading and firm upon the entire Western list New
York Central sold 20si 2O and 40 closing 2G HUd
son sold ct 1873; Harlem was neglected. Reading was
pressed sale In large amounts on speculative account
but the increased tunnage Of the road for the week gave
firm feeling TO holders. Michigan Southern sold at
1o7s lO9h closing IOslSic9. The 81 Paul and
North Western shares were active. New-Jersey Cen
trail sold at lOli Morris and Essex ee3 Hannibal and
St. Joseph, 1866 Hannibal and st. Joseph Preferred ia
Rock Island was active upon the renewal OF the re-
port that the managers Of the Pennsylyania Central
road have been absorbing the stock with the ntenono OF
Is known In reference the movement but IL Is Weh
understood that the Pennsylvania Central VIII take
either the Northwestern the Rock Island road, a.
their plans embrace through route TO Omaha, with the
intention OF making attempt 10 control the Pacino
Railroad business The failure Of the New'Iork Central
combination TO secure the control Of the Michigan south
ern Consodated roads has postponed any hopes mat
they may have had Of making an immediate connection
west Of Chicago The Pennsylvania Central having per;
teeted their line 10 Chicago. are prepared to make
another move forward, and have the choice OF
two dividend-paying roads, either OF which
will answer their purpose, and be made to produce
much larger than at present under centralized
management. The Northwestern Road offers the most
direct route being 40 miles shorter than the Rock Island
beside having large number Of branch roads that would
prove valuable feeders 70 the grand trunk line Tie
present direction OF the Rock Island has continued
itself for five years, and would probably defeat any
attempt 70 absorb the road by any combination unH'
paid round price for the Central but with TWO ROADS
choose from it is probable that the pennsylvania Cen'N
Will be enabled TO make through connection 10 omanA
by the close Of the present year. After the second board
the market continued active and excited, closing hFm az
quotations The transactions In Northwestern ComOa
we're the feature Of interest Several thousand shares
changed hands at 80.
The following the Neutrality-suspicious. Of Govern
mept bonds