New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-01-08
IN nr ppnxrr,-yl ?. ".
THURSDAY. yan. T-r. n

Gold opened as 1851, selling as1B}j5fa l35s.
closing ls5t bid The cearDgs at the Gold ExehaIgs
Bank we're S4,G2t coo, nna tie balances <2.Se1-o o.
The steamer wesor took cut sic,ozS in specie to-day
Government bonds responded to the ea5er tore OF TIA
money market and the large linvestmens dema2i by al
advance OF Der cant On the new bonds the h hest
prices Of yesterday The transactions us we-s heavy
and all classes wersin demand The dcSSssatsHent Lad
q favorable effect upon the market, the total In
crease being only 1,67s5T, while the ehouHs OF Doha
Issued to the Pacific Railroad during the menth va
57e0 CO., The cola hand shows an Increase 81 so5
oo4 Coin certificates have increased s3soleo @,
rency shows decrease Of s5,ieos4 Of this amount sl'
275OOO was paid to redeem the 10. cent IerictS
during the money striRgency Tho overdue Coos
has decreased S5S23so, anG the fractional currency In
creased s3sOAn. The tosll aInouas OF cen on Lane
January sos f2.Sc Of This aneat 81 900 is e<
to redeem tbs gold B9eS, ieay a9tual Co M the coa
tIDl OF the Government OF si72-e0o Cf this amour;
about tS2. eQo,C0a Is needed to pay January In
.erest, leaving Ale Government with an avaiss
able surplus g about s40Ooaco0 ca hand. stata
bonds we've active, with large business Goca
IA issouis Tennessees and North Carolnas Louians
bonds also n demand with an advance 10 c., en-
interest," for the Old bonds ess fog the New Icvee a.
which were IN active demand. New-lorks7s, Borst1
Loan sold ct lOTl NewYork g. 49, 1O2 New Tennessss
Gs opened at ce, and advanced 10 es North Carolina o
were higher upon q report that the January nteren
would be paid tho 10Th Old bonds soldiat 65i New
bonds. 63. Missouri Ca, S7i9s5i; Railway bonds Ter
frm Pacific Mail advanced from ll9i 10 1901 Caatol
higher selling at 81 Toledo Peoria and Wabash soaci
of both divisions 50 bid, with small offerings at "a
Railway shares opened dull and steady on HewYori
Central and active the balance Of the list. Ere
more active. selling at s9i to Hudson and Hlrem
steady Reading strong The demand TO buy The Western
shares brisk aud In Michigan Southern, Northwest
cru shares, Rock Island, aud Fort Wayne, there
large transactions at advance OF al per cent To
edo and Wabash In demand by stroug buyers with
but little stock offered Ohio aud Mississippi Common
was steady at a. Cleveland aud Pittsburgh was bueysns
opening at 81 selling ct Ssh q, $50, closing at $50 eSs
The discovery OF 30 per surplus ~ Central
hitherto unknown to the stockholders stimulating an
tquaran researches in the accounts OF other
speculative roads, with the view Of division to stock
holders Of their long delayed dividends The new dree
ton Of Cleveland aud Pittsburgh said TO be the nr
the field. and contemplate another scrip dividend OF
per represent tho enhanced value OF their real %
tate which is said TO have increased In value very much
since purchased Tho ten per cent scrip dividend made
last year made represent money used IN eonsrue
ton but belonging TO the stockholders 1t thought tha
the earnings the road will justify further watering
| and still continue TO pay per cent on tho IN
creased capital IL is also stated that 20 per cent
| yet withheld from the stockholders Of tho New-lorb
Central road and may be divided at any time The earn
ngs Of the Western roads show heavy gains and give the
best Indication of the rapid growth OF the country The
Official figures OF the Northwestern Road just published.
show that that road the earnings per mile are over
$4,000 moro than they five years ago. Other roads
show large gains and not waered TO death by increase
of stock to represent speculative value OF real estate
and rolling necessary do their business bount
to be the valuable investment in tho country and
in years pass from the speculative arena OF Wass
After the Board Rock Island advanced TO ll9s North
Western common 50 Northwestern preferred, IS New
York Central lS7 Canton 81, Pacific Mail sold at i9
gl2O Toledo and Wabash. g.? At the O'Clock Boerd
the general market firm. Michigan Southern. North
Western preferred and Rock Island, strong. New
York Central continues 20 be sparingly dealt In and
begins tie neglected look so long presented BY
Erie AT the Second Board prices reacted from pea
cent rally lug at the close with firm appearance on the
entire list with the exception OF Rock Island. which fell
per cent on report OF further issue OF stock Govern
| ments close strong az quotations