New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-12-24

good
in the Western shares with aboPt the ZANE improve
ncnt in each Toledo was AN exception
ouenine at 29l but failing TO 2S on the call.
At the Second Board however, this stock recovered
| aso, and there wos firm market with some irregu-
| lnrity through tie session. Erie and Hudson River
| fell off I per cent and Ncw-York Central was per
cent lower, bu, the Western shares were generally
better. The market closes steady at the following
prices: United States S. a. %; Tennessee State 6s
49, Virginia State 6s ~ $780, Missouri State is, 69l
20; Pacific Mail Steamship Company 81 7S2i New
York Central Railroad, ISL 075ii Erie kdlrOad, 3Gi
81 Hudson River Railroad, i3d 49, Harlem Railroad
l4aIit; Harlem Preferred 3ja3jI; Reading Rail-
road, 35la3GI Michigan Central, All 649i; Michigan
Southern md Northern Indiana Railroad, III @iiii
Michigan Southern and Northern Indiana G1sranteed,
| 49, d33i Panama Railroad, 49, ll9i Illinois Cen
'ral Scrip GGia67l; Gaena aud Chicago Railroad,
| GlIc6il; Cleveland and Toledo Railroad 3O4 03Os;
Chicago and Rock Island Railroad 52lo59i Chica
90, burlington ard Quincy Railroad, 63 06j Illinois
| Centrs7s, 90d9l.
Tie market for foreign bills is again heavy, under
| free supplies drawn against produce and socas The
bankers appear be the only buyers, standing ut oi
dlOiI nominal for banking and leading drawers hav-
| ing made settlement ut l0I. Commercial signatures
4 iUUH 1888, fr;NcS continue uuH at J''DWJ.1V
| THIS continued low ruling Of exchanges guarantees
continuance Of the imports of gold from Europe. The
sterling rate has now stood about five weeks below the
| point at hicb specie coud be proftaby imported and
| shows no promise of Improvement. In the panic of
1857 although the rate for sterling bills fell below the
specie point vet TIE depression lasted but about two
weeks ard within three weeks gold was moving both
| ways across the Atlantic.
d., boIo To
200 bales Cotton at 3D. 1000 bbls. Flour, at %. I'D
| o. 0O0 bush. Wheat at l0d., in bulk aud bags; 400
boxes Bacon at 3js 900 do. per at 5js; 800
bbls Lard at 3js.; 100 bbs Beef 6s and 90 tuns
Cloverseed at 3ls. To London, 5000 BUSH Wheat at
l2,d in bags; 600 bbs. Flour at &c. 3d. and 50 cs.
Beef at Sc. To Glasgow, 500 bbs. Flour at So 3D.
$50 btls Lard ut $751; and $50 do. do, per steamer
ut 4Js.
The business Of the Sub-1reasury was; Receipts,
ti6s so s5-for Customs, 81, 900; Payments $57,-
236 81; Balance g., 939, 3Ol a. Showing anincrease
for the week owing to the payments made under the
new loan.
Tie earnings of the Chicago and Northwestern
Road, for the
Srcosd week Of December, fundamentally SIS 20
1859 loS@ ~
Decrease. Observation-Disclosures. s2S
The following dividends have been declared: The
MechaI les Bank has declared semi-annusl dividend
of per cent, payable on the I'd Of January; the
Tradesmens Bank a dividend Of per cent, payable
on the 9Th of January the Merchants Bank, semi
ANIMAL dividend Of - per cent, payable on the I'd Of
January. The Merchants Exchange Bank 81 y cent,
payable I'd january. The exchanges on Philadelphia
and Baltimore still better. On the former city the
rate is down TO II p cent, and the latter TO y
a. T. cent discount. On Boston, the rate IL par TO
y cent discount On Chicago, the rate has an improv
ing appearance also but the change is not important
The open market for money continues to exhibit more
favorable features. There is u rather better demand
for paper, while the supply of avore names s quite
limited. The nominal range Of rates for "gilt-edged
is I2a 10 y cent, but transactions have been
made at lower figures. On call money is 6a7 cent
and abundant. TIE Bank Statement tomorrow will
show a considerable increase in the specie average,
Notwithstanding considerable drain TO the South and
the fact that an important portion Of the English
CENTS have not yet reached the banks. From the beet data
in our possession we assume that these institutions
will hold on Monday morning s2 100000 Of specie,
although the average may not show large amount
The loans will not probably chow much change, but |
the deposit line must show a marked increase. The
amount OF loan certificates aoat is about S6 800 900.
TIE payments into the SubTreasury to-day account
OF the " cent loan of 1871 reached about $50 000 in
addition to $4,000 in Treasury Notes forwarded to
Washington on the account This leaves, we |
think, about two millions, the payments upon which
are in default. and this is the Last day Of grace. We
presume there Were further payments at Phla-
delplia and Washington.
AT a meeting of the Commissioners of the Canal |
Fund held at the Canal Department on the 18th day
Of December 1860 the following resolution was
adopted:
Hhereas II represented and believed that the loan of
eoonoce 9T proposals for which has been and i.
cen, unless the time Of payment be largely extended and
Hherea In the opinion of this Board the nterest Of the
Die enten:ion Of the time Of than by an increase of the
Reached That the said loan be made for the term IN said no
tiee specified and hst the shall bear interest the
per centunl, expressed in the ANNEXED notice
4 private Telegram from NewOrleans to-day quotes
Sterling exchange at l0OalO2
The shipment Of gold to-day was 100000, TO New
Orleans The banks having rescinded their resolution
to ssue loan certificates upon foreign coins the pie
thoa of soyeregns, &C.. received by the recent steam.
ers he's become embarrassing. Under that resolution
the banks found that their vaults were being filed up
with foreign gold which not a legal tender while |
their American coins being drained away from |
them to the South. While thirty days was required
for recoiuage they could not receive this gold on de-
porit and allow dealers TO check against it, and this
difficulty induced the application made at Washington
for law making foreign coins legal tender at speci-
fled rates, that for sovereigns being about - s3I.
Such law has been promised but no action We, TAKEN
Meanwhile waiting tie action Of Congress, the Mint
Las to the aid of receivers TO some extent TIE
authorities Of the Mint have decided to recon foreign
gold, tesng it, but not putting it through the
process Of refining, for which the machinery of the