New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-03-16

cost and IA average years es much 40 any road in the
North. Under reports that The Compauys bii Tor new
stock Las been passed at Albany the price fc 10 l@s
atm N. Tie earnings Of tie read we're III
Feb 1sry ls5'.. s9iiS3 OIL February $780, a''iS -
lrcrease........,........''' ''i'' -
! The closing prices WCrr Gold 1918: Eric i''i tF'o
Pref 1921: Hudson, 1921 Harlem, i4o, Reading 1911
Michigan Central. 49,. Mohlson southern IOa'; i,'
uos Central 1854 Pittsburgh I2l Galena, liei Toledo
/ l.6; North.W Western, e3l; Fort wayne E'. fIaH.o
du Clisn 10. Tsyre uaate and Alton Preferred 96i
Toledo and Wabash, CT Central Ifansi'' ''i 0"'''h
/ ca; Cumberland. s25.
Froights are very dull, yet steady, 10 Liy-
erpoo the engagements ares leOo0 bash Whoal at 4d'
ald IN bulk and bugs COCO do. do. at 4!d in bags
Per neutral vessel LOO bbls Flour At Is. per steamer
800 DO DO at ~, and ROD cs Beof @! Is. Sd 10 Lon
don 80 tcs Beef et DE- 10 Glasgow per neutral vcS'
sell 100 boxes Bacon ct 9is The carrying rates were
As follows: 10 sLiyer?ool, per American meg
Flour lie. 7ld.als %. Wheat, a&iidi Heavy Goods
lis. ca. Per foreign fsg-Tour. 2s.; Heavy Goods.
2Os. Q22s. Cd. 10 London, per American hae-Flour'
Is. Cd Wheat 6I, Heavy Goods, It's. Cd. a lss. Cd.
Per foreign fag-floaI IS; Wheat, ID; Heavy Goods
ga. Cd.
The business Of the Sub-JreasUry was: Re
ceipts, Sos IJfor Cusioms, s2i200V Payments,
sl.4se 653 n. Balance SO, POP 6i9 81.
Money is abundant at sat II cent and Dor
rowers IRE readily supplied The flow Of capital toward
the city continues large and tie trouble is 10 find EN-
pigment Toy it. The National banks steadily In
creasng their circulation and rom this source there
will no large addition to the losnable money Of tie
country Thus far the organization Of new banks has
tended 20 ebsolb money and NOT 10 increase it, Int
another feature gln soon be visible. Tie capital held
in ssspcne by the inability toprocue circulating notes
fr bonds deposited viii soon be- reproduced in form OF
bank currency 20 30 olned at high rates ii possible
and at Low rates necessary. This abundance ofmohey
IS 70 stimulate aany enterprises rs is shown b. the
daily organization Of lew mining end other joint stock
companies.
when speculation enters, as II does, into so
many different channels It Is surprising that the float
ing capital Of tho country has not been oganized or
nol ili1ed as lie French term H. &c devclopc the
varied resources Of tic Dator. The national banks.
the national currency and Ire protection arising from
the new order Il lncs 0gc stimulating enterprises
in different ports Of tie country. Wal street and
New. York arc maie up OF small Individual Credit Mo
hcrs. We nave them in the dry goods trade. in the
shipping in the railway world, and many among the
Wall street operators Int no large corporation has
been established on The continental plan. No more
successful enterprise has been st0rtod Of late
years than tire great Commercial Company man
agea by peIicre and Liz associates In Paris. Paris
never bad great hotel I'll the CI,dit Iobier started
the Grnud Hotel de louvre. and those magnificent
blocks Of buildings In the new Backwards
were al Initiated by the French Company.
All shook their heads al FIRST and Per.eres desk at
Rothschilds office IA su unoccuped The Baron says
his old cler. viii come back again some day. France
| ed of md I~,ff ~ Sra Credit
Bobier OF Switzerland and Credit Mobier Of Austria
were soon under way and ago numbered among the
financial Successes OF the time. England contented
with the Joint Stock Bonk system introduced twenty
years ago, has been slow TO adopt the European pau
but last year The General Credit and Finance Company
Of London Qni!ed witA capital Of 800 Co in l.5
600 shares OF 80 each. successful, commenced
under the management OF Che late Finance Minister Of
Indin and some u the leading London Bankers This
is only another name FOR the Credit Mohiiier.
The McGregor Western Railway viii be open
for distance Of 40 aileg within fw weels The cars
are rnnniur u miles and p miles win 10 in opera
and stocks for further extension Of 90 miles have just
been completed and he work will be pushed vigorously
during the Sumner The terminus fthc rsd viii bo
ct the Iowa State line where It vii intersect the Nssis
siypi and Cedar Valley Road now In process Of con.
struction and forming with that road through line
from McGregcr opposite Prairie du Chen 10 81 Paul
| and Minneapolis and making railway communication
between EewYo.k sldthe Upper Mississippi complete
Tho bIcCregCr road trayerfes Of The most pcygOus
and fertile sec. ions Of Iowa
The Peninsula Railway, which is nearly com.
plcc, viii open new ami expeditions route to the new
iron snd copper mines On Lake Superior. and the
Chicago and horth.WesttIn Road, which connects via
Grocn Bay win receive 1fge accession H. Us business
by this new feeder. by this route about 80 miles of
dangerous lake navigation IL avoided J, is already in
contcu pla.ion 10 build lie link between Fort Howard
tic present northern terminus o. the North esein
Road aud Little Boy &c Eosuet the starting point Of
the Peninsula Road The neat stretch Of tho rails win
DO the extension Of tho Peninsula Road to the copper
mines of Lake Superior and year or tgowi see New
York connected by continuous rail with the vast
min erGl wealth Cf tho Michigan Peninsula.
The Hope Gold Company prints its advertise
meut in nnothef column. The Hon. John Evans. Coy.
tTnor u Colorado Territory, President, and DR.. L.
H. Jadd Of tho firm OF Lee, Jrdd Lee is Yice.Pres
dent Tho! CHIEF nincs consist Of 2 900 feet Tie
God Dit Lode in (ulpin County, Colorado. and
900 additional feet other god.bearing quartz cdos.
with coR,igUo ranches, water power, sc. The Hope
shares are par vaue bat were issued to Subscribers
ri slO aud have sold OF 10. Tho actual cash capital
CT the Company. sAooOJ, is all paid in reserve
capital in stock equal to $4,000 more, also remains in
the Treasury 20 10 sold needed fUr additional out
ays Ia maohiueEy. Nine hundred and thirty thousand
dollars In ggd has already been mined from tho Cod
Dirt Lode.
The full subscription to the stock Of the Ash
burton Coal Company Is poysbo AZ the Companys
office On Wednesday, 18th list.
| II las been decided 10 increase the caDital