New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-03-10
has had an effect also upon the Illinois Cen


former prominence and activity. At the Second
Board, to-day, there strong disposition to buy,
and but little opposition was offered by The bears,
who have apparently given up the idea of any sue
cessful resistance. The temper Of the market con-
tinued strong and buoyant mp to q late hour.
Central sold as high rs "a, aud closed at So bid.
Ere was also very strong, and advanced to 3o4.
There are some orders here to buy On English ac-
count, and il ia now known that large portion OF
the stock which was transferred some time since
from English account was go transferred for safety,
the owncrs being apprebensive that, in case OF war
with England, cur Government would consfcs'e it
as Engli-h property. The Preference Shares sold at
~. The Western Shares were strong Michigan
Central advanced to j6i bid. Michigan Southern
cod at 2ii buyer thirty, and was lot offered below
that regular. Illinois Central improved = cent, and
Rock Island closed at SCI bid. The closing prices at
8 o'clock were: u. s. 6s, Registered, 1881, VIZ q
92l; U. s. g., 1881, Coupons, 92a a9@9; Treasury
Notes, 7-3O, 99l e99.i American Gold, lol5 0iU2;
Tennessee 6s, Coz Gil; Missouri Is, So Jl Pacific
Mail Steamship Company, 9ia94li New-fork Cen
trial Railroad, S3i 81 Erie Railroad, So Jo4i re
Railroad Preferred, j9t dJ9i; Hudson River Rail
road, 3a@l; Harlem Railroad, 10 l3li Harlem
Railroad Preferred, 30 a3Ol; Reading Railroad, y
a 42i; Michigan Central Railroad, a5Gi; Mich-
gan Southern and Northern Indiana Railroad, 24i "a
pa; Michigan Southern and Northern Indiana Rail-
road, Guaranteed, 4SI Q4Ss; Illinois Central Rail.
road 6ii a Co. Gslena and Chicago, tSs ot0s; Cleye-
land and Toledo Railroad, 46i q 46s; Rock Island
Railroad, al; Chicago, burlington and quincy
Railroad, 64I as.
| The market is steady Cor foreign bills but not
active. Sterling is ll2I al 10 nomraily.
Freighs are less active and rates are rather easier
To Liverpool the engagements are l2OoO bushels
corn at cd. in bulk 1000 do DO, at t.dG1d. N
bulk and bags, vessels 70 haul alongside tie Atlantic
Dock 1900 bbls Flour, ut 10. 1O!d. as. ~ tuns
and 100 boxes Bacon, 2Os.; 100 hhds. Tallow, at
2Os. and per steamer 20 tuns Bacon and 500 pigs
Butter, at 3Os. each. To London Gu tes. Beet, at
7s I'd. and 50 hbds. Shoulders, at &s. 3D., per
neutral vessel and 200 pigs. Bacon per steamer, at
i0s. To Glasgow 500 bbls. Flour, 1T 2s. Cd. 2Oo
tie. lsualll Beef, at IS. I'd. The charters are a
British Bark with 10000 bushels Corn TO Cork Tor
orders at lid. per GO lbs. in bulk Bremen vessel
10 load at Havana or Manianzas for orders TO fal-
mouth, England, at IS, and y cent primage for
Sugar two American vessels, one OF lsO tuns to the
West Indies and back, at i0c. for Sugar and 70 Tor
Molasses British schooner OF l'J uns to the west
Indies and back, at 81 500; British Brig Of 80
uus 10 the South side Of Cuba and back, at iOc for
Sugar, and an American Brig Of 900 tuns to the
South side Of Cuba and back, at &c.
The busnes Of the Sub-1reasury was: Receipts,
$3.50. 1877 7,--for Customs, s135,OOO; Payments,
s330,457 ~ Balance, SO,l55,4s6 Us.
sf..a
day. have deposited about three millions Of demand
note. with the Sub-Treasurer and taken q cent
certificates. A large amount VIII be cePosi'eu Oh
Monday. when the use Of these certificates at the
/ CLEARINGHOUSE will commence. Cnth suhdeh'
nn,oh,r II Government Certificates are obtained the
,,.sn, loan Certificates Of the Clearinghouse viii
10 u..d 70 supply the deficiency. The proceedings
Of the meeting at which this important measure was
adopted are be follows; soc.
ksv oar G. sli,iss Herse. Fc1ay March 5ih lse2,
,.se.i-e of tire Cesirs Horse AssociscD wi" hiA Gay
hsa a, tb. Cleaning nosie ~ half Va'i 0Es ociSeA' p'
I Thos Tirs.on a. The chair. . . - II
se-r..ry pro fory fogr b.nE. we're ei e'enied'
Tie minutes Of the meeting q October 10 iSe were fe'o
o. = Coo e.q on behalf the Clearing House Committee
o. the Committee held tue 9Th instant.
I lie following resolution Wa adopted viz;
E,ra,cf That h- Committee consider that !. h., become
,.,,-, and Adj, LA the United states Demand Tres
,ugy oi. made ts FOX The settlement OF balances al
liz hat the subject had been eIefaIy considered
b. The and -four mode, CT use proposed As folio
., III. direct Of The Demand Notes, fO tbs 'e,,lom,n
RI ~ d.pos, OF ~ notes In bark selected or that pur
po,e ana Tho Of certificates representing such deposit
subject to conditions, aud Ia a. respects silaf ts
~. ,V,c.s crftiacat>s heretofore used.
%! ihs depo.il OF tie notes proposed by the second
- , ., n. trsnsfrtred aud u.sd In the .,,tiefu,n 0
nv fra
er. 70 r..sutng them proposed b. the second plan
IN. use Of IsInrsies Of Depo.l--o be Issued by tho
,,,rtfre..arer Of the United state, tspon deposit
e Demand hote. IN the Ie..ry IA convenient End 'P.ca
Yoft e.rns House Association only Such Certificates
he ssael by Assistant Te-..rsE .ndes the lhoiy th
a., Of spWovsd Fso rs 1907 authorizing The ISSUE
OF ls.uy sy able demand, to be esa tender an'
enpowsls the o. tie .i'.d stAts' Z
receive deposits Of such notes iof not r,. then thty days
p.vuh ton d.ys notice sa Certificate oesug nterts
a. tie Of Ter oensm per annum. The ugmnitte'
approved tie second psn bens re- o. an ,huoytoh sei
d. usage Of tho Csarins itouse tbsn either Of tn
or methods proposed but they decided 70 refer the sgbec
70 the Association ct Il. deci'ion without recor ends'i
In motion oi Nj Vail tho report 9! The COMMITTEES ac
eeed and orderedio BE- entered a; length te minutes.
Ths, the Lssss Tender United States Treasury
Notes be- o,sd hereafter medium Of settlement ct Ih'
NJ VsI eaered tn following resolution, viz:
Rt,cree, That the oefh proposition u e Clearing House
Commute (. esentay that which should be end hereby
iop,ed and the ssd COMMITTEES reqsrs,ed 10 coner wt'
Tie Assistant 1rea'uFef as to Tie terms All nP9'
which requisite AID de.ei deposits th re received
win power arrange tie form OF Certificates sat other do
tsis . , a. ...t.,i., -. o.. -.
h,t III. second proposition OF the Committee Ia that which
bold be- and IL Is h.tDy saopted sn1 tat 4 e fevfrd q
,L, 70 arrange tho details Motion lost and the resolution
offered by Mr. Vail was adopted.
On .iotion oil Mr.. Val 4 vas 80 ,
Rte That the amount Of potes 20 De deposited with tn
A.ast Icnurcr be limited to +zootoooo, and that tA
, Jepo,it, shall he In pro-raiG Of ctniiti. ..
y r. ,no,ion .doufnei 6.O. D. LYMAN Srcr.tny
Al meciig 81 Clearing House Comm ,oe. held sise
IN, ounnent Of the meeting of tire Ai'oc-oa u vas OF
d.,rd a copy Of the toe ssocaton D seal
10 each bans AID that they ue iaolmrd that TIE 80
AZ. made afy sfaagcments, und tnif ne A.ssta
Irs,lfes United 5tAss Wy oe prepared 70 t'sle eefhc'se