The New York herald., 1869-01-28

tbis howev6r thefs = sufncient promise Of future
great prodk nos very aseant IN IT, realization In the
Increased tranc bstweea Cnina Japan and India and
San Frsncisco osrtain to Tesuls from tho completion
OF the Pacific Railroad. While the opening Of this
road may cut into the present monopoly OF the trade
hence to San Francisco which this company now en-
Joys yet as Europe and Asia win both exchange their
products the American Continent the carrying
trade ON the other side win increase to an extent
that win moro than give employment to all the
stoamePs now belonging to the line In both
oceans" western Union advanced one per cent.
ana was held nrmly at the advance.
1t IL reported that the company have proposed 70
sell the government for ten times the earnings
OF the past year. The English company. with all
their excellent equipments, propose to sell to the
British government for twenty years purchase Of the
net profits plus the highest market quotation OF the
stock at date previous to speculative movement In
the stock based on the proposed sale to the govern
ment Ten times the earnings Of the Western Union
for che past year would make total Of sixty millions
Of dollars while twenty years. purchase Of their net
earnings would be about thirty millions.
The express stocks were generally nrmer. except
Merchants Union. or the miscellaneous list Bank
ers and Brokers' rose to los, bid based upon new
management Of the afiairs OF the association. Quo
tations closed follows at the last regular board
Canton, 0l a ok; Cumberland Coal Ss 3S1S; West
ern Union, SIX S71S; Quicksilver. "A PAX; Pacific
Mall, 121x 121X; New York Central l04,S 184X;
Erie, sSK q SSsl; do. preferred. 81 Q 64N; Hudson
River. 1857 1856; Reading, 07 o7,z; Michigan
Central, 11sk 100; Michigan Southern, OAK e4x;
Illinois Central, 1So q l39k; P1ttsburg. eS 95K;
Northwestern, SIX s2X; do. preferred. ssN 50;
Toledo 1861 10eK; Rock Island. 133H 1874; St.
Paul. TAX 747s do. preferred. s5,< o5x; Wabash.
e5s q 90; do. preferred, 70 II; Fort Wayne, 12sX
a 11i. Ohio and Missssipui 37Z a.
AT the last open board there was general i'm
provemcnt In prices Northwestern preferred recover
ing to sex and Reading advancing to s7H. Prices
closed on the call as follows:-wells Fargo & Co.,
20 bid; American, SO bid; Adams, 50 go; United
States, 5oK bid: Merchants Union, l5N l7x;
Quicksilver, 20 bid; Canton, 81 6lA; Pacific Mail,
Liz 121A; Western Union. SIX 37,s; New York
Central 1e4ss 1e4H; Erie, ssK SSx; Hudson
River, l35X o 1856; Reading, ok ok; Chicago and
Alton, 14s bid; do. preferred 14s 155; Bankers and
Brokers', lo5 a 1Oo; wabash. e5X 50; DO preferred
70 III ST. Paul, TAX TAX; do. preferred. o5H q
95al; Fort Wayne. 1881 124; Ohio and Mississippi
ss1 3s%; Michigan Southern, 9aa1 q o4X; Illinois
Csntral 1ss BIDS Pittsbura, s5k o41S; Toledo 1OeS
1osa; Rock Island. 1881 ls4; Northwestern, s2H
a ss; do preferred, s9K; Marposa. s s; do. pre-
ferred, 23k Q -; Harlem, l41 q l42.
The closing quotations on the street at quarter
to six O'Clock this evening were as follows:-New
York Central, 1e4K l64x; Erie 3Sx bids Fort
Wayne, 123K 124; Michigan Southern. OAK o OAK:
Rock Island, 1331s lssx; Reading, ok o7K;
Northwestern, S2N 83 do. preferred, 80 S9A;
Toledo 1867 o 1oeA; Pttsburg. o5X; St. Paul. TAX
IS; do. preferred, o5 o5X; Ohio and Mississippi,
Ss ash; Hudson River, 1856; Harlem, l4O; Pacific
Mail. 121A l2lK; Western Union, SIX s7K.
The general abstract OF the condition Of the 1925
national banking associations OF the United States
on the morning of the first Monday OF the present
month"; before the commencement OF business, en-
braces the following items under resources wiz
Loans and discounts. s................ $685. Oe0 73o
United States bonds to secure circulation
and deposits. 372 s2s 800
Due from banks, &c.................... 90, 7905
Cash items 1924 $50
Specie. ACKNOWLEDGEMENTS. 29.590960
Legal tender notes. tes..................... 87,960726
Among tine liabilities are:-