New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-07-22

place, and Boston stockholders at the Office Of
Me&rs. L. =. Bancroft g. Co.
The American Coal Company have declared
dividend of v cent out Of the earnings OF the cur
rent Elk months. This Company ia free from debt,
and is doing an excellent business We have assur-
ances that the management is Of the most energetic
and economical character.
A considerable portion of the advance in the cur.
rent value Of railroad shares which has
occurred during the past year is due, of
course, to the imitation of the currency by
the banks and by the Government; but still larger
portion is due to the improved condition Of the
finances Of tho companies, growing ont Of the
largely increased traffic which followed the out
break Of the Rebellion. These large earnings have
enabled the roads to pay of or fund their floating
debts, which were being carried at exorbitant rates
OF interest and divert their earnings from creditors
to stockholders. Many companies which were
TOO much involved to be relieved IN
this way, have been sold out unde'
foreclosure and beon reorganized ont smaller basis
1t MAJ be as is urged by some parties that the sup
preston of the Rebellion will divert considerable
portion of the present business from our railroads.
aud throw it upon the old routes of traffic. but the
good already obtained cannot DO taken away. The
roads are free from debt have been put in good
order, aud are in condition to DO worked prontabiy
for stockholders the earnings which formerly
only suiiced to pay repairs floating debt and extra
interest. There will probably be some reaction in
prices of shares upon the establishment Of peace,
but the general list will never 20 back to old points
Gold has been considerably excited and fuctuat-
ing but closes II v cent below yesterdays closing
price, Before business hours this morning II opened
at 100 t29i, and afterwards advanced to l3o.
From this price it soon receded, and ciosed this
evening at 1851 a 1851. The advance in the morn
ming was caused by reported over-sales Of the
shorts.
The supply Of money continues abundant aud the
market very easy at 697 q cent, with occasional
transactions at 5 " cent.
The decline in gold shortly after business hours
commenced this morning. had an unfavorabe effect
upon the general market for merchandise, and very
little business was done. The breedsiuf market
opened firm. with fair demand for . short time,
but closed dali and heavy. Provisions were dull,
and nomnally unchanged.
The aggregate export Of produce and merchsn-
disc Exclusive of specie) for the past week, WA
1885.
Tho deposits at the Sub-Tressnrers Office to-day
FOR conversion into fve-twenty bonds amounted TO
sjOs 40, Of which s262, 900 were subscriptions
direct, and S2i3,sl through agents. The deposits
for temporary loan were $29l 100. Since the city
begins to wear moro settled aspect, We learn that
applications at the sub-agences OF Messrs. Vermye
g. Co., Fisk e. Hatch, Thompson Brothers, and
Liyermore, Clews g. Co., are increasing. Az the
present high rates Of nearly al other securities, tness
arc the most profitable as well - the safest invest
uenis 10 tho market.
Tie Grea, Eastern for Liverpool this morning tool
out no specie.
Tue following table will compare the present con-
dton Of the banks with that NJ the close Of the cor
responding week last yesr: