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The Daily Dispatch: January 16, 1862., [Electronic resource], Late Northern News. (search)
ative railroad shares were scarcely so good as yesterday, but in the absence of any pressure to sell, price were well sustained. The advance of last evening was lost in some descriptions, though at the decline there is a fair demand. New York Central closes at 81½ a 81½, Erie 34 a 34½, Toledo 35¼ a 36, Rock Island 52¼ a 52½. The list of Government stocks has a much better appearance within a day or two, and this morning there is a good demand with few offering. For the coupon sixes of 1581 79½ is bid; for the registered 88, and for the various issues of fives the bids are a 1 percent higher. Money is daily growing easter, and borrowers now find no difficulty in supplying themselves at 6 per cent., and hear of some transactions at 6 to 6 on prime securities and large margins. Nothing will be done by the Banks in their relations with the Government till the return of the delegations from Boston and New York, who are now in Washington seeking a new understanding with th