New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-01-22

In some Of the bank stocks, there has been small in
crease in prices, New-York 1897 National IA Ocean.
49, Metropolitan 1885, East River, lO5; Shoe and Leather,
l47; Continental %; St. Nicholas 1sA Commonwealth,
1901 IMPORTERS and Traders 1881 Park l6Oi Ninth Ma
tional 1914.
For State bonds, the market firm. Tennessee, new,
49, an advance of III Georgia rs, bonds 49, an ad'
vance Of Leyee S. TO- Ohio S. 1885, lO2 &c.
The stock market at the opening to-day was heavy and
prices generally Off Chicago and Rock Island at tie
First Board 0lOI; between calls, lO5dlO5s AT
the Second Board prices advanced Rock Island to 1851
alOe1; Chicago and Northwestern, 73t S73l and Pre-
ferred $751; NewJersey Central 100; Lake Shore si5;
Central and Hudson, 92E993 Erie "a Panama,
lsOal62; Cleveland and PITTSBURGH 9laoii Milwaukee
and St. Paul. 70 Preferred, ssJ; Pittsburgh and TT.
Wayne Guaranteed ST. Columbus Chicago, and Indiana
Central 1901 The Stock Exchange have not as yet
been notified OF the proposed increase OF the common
stock Of the Toledo, Wabash and Western Road. The
Committee OF the Board TO whom was referred the mat
ter of the Rock Island Road in regard to the issue
OF 100000 OF stock reported unanimously
that the Company had not notified the Stock
Exchange OF the issue OF tho bonds and upon motion,
the Chicago and Rock Island stock stricken from the
list This action OF the Exchange created considerable
excitement and the Rock Islanders went into the street
for further operations The New.York Stock Exchange
deserves credit the strict and prompt enforcement Of
Its rules. ... .r H. %
II seems that at the annual meeting OF the stockhoders
OF the Chicago and Rock Island and Pacific Railroad
Company held at Chicago June 1862 at which meet
ing 3s shares represented, the following pre-
amble and resolutions adopted
Whereas IL appears 70 the stockholders OF the Chicago
Rock Island and Pacific Railroad Company by the re-
Board OF Directors thereof To them this day
that there now and within the next twelve months
will be needed, about the OF A0O00OO for the pur-
poses Of said Company In the completion and permanent
Improvement OF its line road and for other purposes
aud Whereas the Board OF Directors have asked OF the
stockholders an expression OF opinion as 10 the best
method Of raising such sum as may DO needed as
aforesaid; therefore
Resolved That opinion the said Board OF Direct
ors, or tho Executive Committee thereof should raise
kch may be needed aforesaid by the issue ana
sale OF bonds stock, BOTH In their Judgment the
best interests OF said Company demand.
These resolutions together with the other proceedings
OF the annual meeting. published In circular form
and one OF the circulars the Stock Exchange
We are not surprised that the Stock Exchange did not
regard this printed circular sent TO them as proper
notice. and hence the action OF the Exchange THIS after
noon. This action OF the Exchange Ia Important ana
must receive approval OF Its members-as IL VIII OF
the publcOf whom In the issue OF bonds and STOCKS III
railroads, IL should be the guardian
With gold so and the slight decline In Government
varies but small fraction the price OF Governments
from Yesterday IL increases fraction the gold value