New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-10-22

traffic returns are very sasfsetory. The earnings Of
the New.York Central, e fret week Of this month,
gave an increase Of about $50 600 on the large Far
week Of last week. The second week gives an IN
crease Of nearly doubs the first The Er' is alsofdy
employed and the month will foot up about S1OOOoo,
which win exceed by 100000 any month since the
Road was completed The malls for Europe to-day
took 500 shares of the Stock Of this Company. Pa
cfc Mail is firm at $685. 1t lis stated that the pa
pers between Vanderbilt and Roberts have been signed
and delivered, and that nothing now remains in the
way Of ten por cent dividend in November. Panama
was heavy at l2i0l2il. Tho business Of the Second
Board was active, and firm feeling obtained on all
the Speculative Stocks finally closing at an advance of
lal per cent the quotations of the FRS, Board.
The Issues Of the Erie Company are in demand az full
prices. The unsecured are held at Ha72. Harlem,
Hudson and NewYoik Central Bonds are scarce.
Michigan Southern Seconds sold at g. La Crosse
Land Grants declined to 90, influenced probably by
the decreased earnings Of the road jast reported The
market closed firm at the folio wing quotations;
United States So, 1874 l039l03l Indiana State
S. 9ll; Virginia State 6s 9O2 GIL Tennessee State 6s
9Oa9Ol; Missouri 6s, mars; Canton, 1920; Pa
cifc Mail, 922a93; New-York Central, 500 1861;
Erie, 37s asa; Huds n, 6l496li; Harlem Railroad,
lss 9lS2; Harlem Preferred, 45045 Reading, 45i9
Asa; Michigan Central, 65I 653; Michigan Southern
and Northern Indiana 10 0Is4; Michigan Southern
Guaranteed, 45a45l; Panama, l2i@l2fI; Illinois
Central, 81 aslI; Galena and Chicago Railroad,
HAS; Cleveland and Toledo, $685. Chicago and
Rcck Island Railroad, 7Os 07OIi Chicago, Burlington
and Quincy Railroad 81 a 0S7l; Illinois Central 49,
96a96l; Delaware and Hudson Canal Co., 95a9o.
r The Foreign Exchange market continues ddll and
dropping The best bills London are obtanabls ct
1881. Francs range within 5. l6l a go
In Freights to Liverpool, 1900 bush. Corn at 3D.
in bulk and III 3D. in bags Is 600 bush. Wheat at 10
l2ld In bags 5000 bbls. Flour at 3s. 3D., and 800
bales Cotton at ID To London A 900 bush. Wheat at
l2l a 3d. in bulk and 13id in bags chiefly at l3d. in
bulk and 1000 bbl Flour at Be-. Cd. To Havre 50 900
ID Tsllow at 3D., and 400 bales Cotton at ID brig
of 100 tuns to port midway to Jamaica with Lumber
out at IS 50 y NJ feet, and back with Wood at 81.
The business of the Sub-Treasury was: Total re-
ceipts 500 0l4for Customs $1,000 total payments,
Sl495l7; total balance, $4,454,6R.
meeting of the stockholders bondholders and cred
it,rs of the Pittsburgh, Fort Wayne and Chicago
Road was held at the Office of Wnsow Lanier & Co,
on Saturday and unanimous approval obtained for the
plan for recognizing the Company which is briefly as
follows: The property ID to be bought Tor the general
benefit by Purchasers Committee, consisting efJ +.
d. Lanisr Samuel j. Tilden, and L. Fl. Meyer OF
New-York, j. Edgar Thompson of Philadelphia, and
Samuel Hanna of Indiana; subject also, to the assent
of an Advisory Committee consisting OF Mr. Evans Of
London and L. Won Hoffman of Nsw-York. A new
issue of bonds and stock 10 be made as follows the
mortgage to be upon the whole line:
First mortgage of S. $50 900, at cent, the bond
holders to vote stockholders on both upon each $oo
of bonds-nterest to commence after Jan. l, 1867.
I'd mortgage, S. lO0, 600 att b cent, with the same
power of voting Let mortgage and interest to COM
mence April /, 1862.
Sd mortgage, g, 900 900 at y cent, with power OF
voting at par and to receive all the profits and interest
upon let and I'd mortgage after April, 1862, up to
cent.
New stock of $6500,000 entitled to y cent = an
mum, after interest is paid on the bonds.
let mortgage bondholders of the old lines are 10 get
new let mortgage fer principal and interest.
I'd mortgage bondholders and Sd mortgage bondhold-
era of the old Company to get I'd mortgages for the
principal and Sd mortgages for their Of interest
due since Oct. l, 1859.
Real estate bonds TO get Sd mortgage bonds, and
general OF floating debt creditors TO be paid in the
same way. Stockholders to get stock at par.
The psn in brief to postpone the payment OF inter-
est for short period and to allow all the creditors to
retain an equitable interest in the new concern as fully
and in the rams priority as at present.
The Vanderbilt, for southampton and Hsvre, takes
out 1891, 900 in specie, mostly in bars. The Money
market continues very easy and we hear of call loans
to-day as low as cent. The bulk Of the transac-
tons is at p cent. Paper ia without change. Bids
for the $40 600 Joan received ct the Assistant
Treasurer's office till o'clock Some Of the panic
makers of the street who have predicted market for
this loan may find their mistake by o'clock on Mon
day, when the ward will have been made
The earnings of the st. Louis, Alton and Chicago
Railroad for the week ending October l6 were:
Total this month 10
Present week. Oct. l6.
Passengers = 1881 SO s24.S27 SO
vrsI,bt ---.......... 1880