New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-03-26
party Of pnoss between he raw material sod
the manufactured article, The advance noticed 10

many leading articles, such Cotton, Hides Copper
Sugar &C., is mainly speculative, induced by .a1
abundance Of money, in muck .aae same way as the
rise in fancy stocks has been Influenced. These move.
ments taking precedence Of the demand for actual con-
sumption unhealthy precursors Of greater sctvity
in business but still tend to feard IT, inasmuch a. con-
sumers hold back, and manufacturers are checked by
state Of the market which brings higher prices before
the real dem and commences.
The following is the amount Of Flour and Gram IN
store al Chicsgo March 90 reported by the store
hous.s:
Wheat sprint hush. $50 - Flour Dbl. sas il
Wheat White bu,s... SIS oai' bu.h.......lOs 90
Barley, tash...... s. SIS Rye, bush.....''.'' Ass
1t is estimated that fully one-hsf Of the grain crops
remained in the hands of farmers on the LET OF Feb
ruary.
The new building for the Bank Of New.fork was
thrown open for inspection to-day. The banking'room
is elegant and capacous, and complete in all Its ap-
pointments
The Annual Report Of the Directors Of the Mich
igan Southern and Northern Indiana Railroad Com
pany states the total amount charged to constructor,
for road equipment and boats at SIS, 1855, and the
total for road and equipment only, at sii,742753 II.
The cost of the same, as reported by the Chief En-
369 46S 70 making difference of 373, 2s5 35 which
is made up by Losses on bonds and stocks sod interest
commissions, steamboat charters expenses of New
York office salaries and miscellaneous items, during
seven wears, &C. The liabilities of the Company
January |, 1883, were as follows;
Capital S,ock..................... S8S64O w
Funded ACKNOWLEDGEMENTS. S5Seo M
FIosipg'... i'0''OV' ~
To,s, slssssOs4 a
This includes 81 800, 900 Of the second mortgage
bonds recently subscribed for by stockholders leaving
81 400 600 Of that ssue with large amount OF other
securities to be applied to the floating debt The SUD-
scrption to the second general mortgage bonds of the
Company has been 1912 500 the part of the guaran-
teed stock and 81 37 500 the common stock, max
ing the total issue subscriptions 81 5000 Oo The
Treasurer has been able to arrange part OF the debt
secured by hypothecaton as TO release f9ioVO OF
the securities and to obtain extension OF the residue
to dates at which, together with the balance received
from the loan and the earnings Of the road the Whole
of these securities will probably be saved The bal
ance of the bonds of the last issue 81 40O,O0o has
been offered 20 unsecured creditors at the rate OF -
p cent. Some have thus been paid of since the LIST
of January and negotiations are daily had for the pay
ment Of others in the way 1t is hoped that by
this means and the Of other securities from time to
time redeemed the whole of the floating debt may be
Cancelled at no distant day. The report audes to the
arrangement made with the Michigan Central Railroad
Company without particular comment. The force OF
employees has been reduced from 3.249 men of al
grades to 65l the 18th Of February. The rates OF
compensation have also been reduced, in most cases
from 20 to 25 y cent The amount Of pay-rolls for
Ostooei 1891 es',U
November 1857 .'...............'..'..... 6li@
December, 1897 ofo W
The gross earnings for the year, from all sources,
were follows
Pre,ht Observation-Disclosures. sos 1852 %
Storase Steamboats, Observation-Disclosures. 1880 81
Total ........................S2 500 4s7 80
F.nensss l,76576 IL
N.trarins, ....,................ s544,Sil 10
result