New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-02-26

Cake at 1Gs 3D.; per neutral Nossel SOU 49, ~" -
q AS Cd the latter for large tcsi per steamer iov'
bIs Flour st o. $50 tcs. Beef at is 6dg3s o. 40
c.,'7 car neutral vessel: 900 bbs. Flour at 2si 10
to Ci, NJ 2es. Cd To Bristol 500 tuns ObCake at
%, In charters We learn only Of neutral brig to
ct for orders with 5000 BUSH Wheat at S.. per i'm
r,risl ,uartor The carrying rates we're; To Liver
nool nor American aagFolT. Is ed. ais. AID Wheat.
I'd, Heavy Goods, l2s. 81. Gl5s To London, per
American fog-Flour, Is Cd Wheel std SGd.i
Heeyy Goods rs. Cd. Per Foreign fng-fiouf'
Is. %. Wheat. Cd, Heavy Goods. 2os. 022s. cd
Tho business of tho Sub-Ireasury was Re
ooiols S5O26.Oio lstor Customs e3iiOooi Payments
SsOsQ2sl Ct; Balance, SIS 5l2. 354 80
Money continues abundant at = u cent ana
AZ this rate more IS offered than stock hcrses can use
Long loans have been mado az lower rates. CONNER
cial paner is wanted NJ very moderate interest anu
hard 10 DO had. The temporary deposits with DIT
Cisco se q GOoO)O chiefly from city banks unable 10
do auy better by lolns upon stocks.
The following is The teztof the new loan BIN proposed
| BY the Committee Of Ways aud Means. 1t Is supple
uenaly to ar act entitled, IAN act TO provide ways
and means for the support Of tho Government up
proved March ., 1863, and Is az follows;
Re ,n0efe9 &C. That IN iel Of 80 n3ch 81 the loan sho
ized v he ct 0f March 1903 to which THIS Is supPi"lne
tsr The sec.ctsy Of the Treasury IL sath9r5ed 70 poio"
ceedn. 900 during the nont fiscal yser eo 20 po
n sa issTe therefor coupon and registered BONDS Of nc
ed .le deemable st the pleasure OF the GoTesnWh
alter any period less than five years snd pybo9 ~ any
period not than forty years nom date sd OF 'osn '
ins0n as may be found e1pedeni not less man r1V a
ing interest not exceeding eent yea py oe a.
not $40 annually EMO OF y, oi-t oo,las sa ,s
such ne Dsy deeH not ady,6e ior law iroey
csatss Of indsbtsJnss or eerissto Of deposit .sued
under any s q Congress- md al bonds is'ued under s SCI
shsu he exempt IRON tazeion by nrdor safe OF
snhoity and the Secretary Of the Treasury shall pay he
necessary expenses OF the Irophon iss1s and disposal OF
sh bonds on. Of any money IN the Treasury not oherwse
sprroprated but the paid shall not exceed one-ni
., ono per cert Of the bonds issued and disposed o.
peTn, WHO bcbe on o. before tho 2is, dsy Of Jsnnsy
1904 bonds after nv years ara payable twenty
vesr o dato end hBv. paid into the Treasury the rpoun
Of their subscriptions the bonds by them respectively sub
scr bed lor landing such subscriptions may be IN eI
cess cf 500 and he bonds led shall have he
sane foyce and Issued under TIE provisions Of the
act 10 authorize th issue u ni:ed si-es notes. ana ioi
Other purposes spqro7ed heb ~ lfo2''
Sterling Bills were dull at 49, and Francs al
32.i.
The Calena and Chicago road canned the third
week in February;
l's3..ii:..:.."eso'as l'st....,.:.;iii;;,ssa'sn
The Rock Island earned the same week in
i'''''ii, .qs..s
The Illinois CeDtrals business is very large at
the Cairo terminus The gain traffic The first ihree
weeks exceeds S0Q0O0i the payments on land account
are 500 OOO and the sales Of land exceed s2o1oo0
The First National Bank of Ithaca, Now
York, has commenced business with capital Of
$4,000.
The directors of the Pittsburgh, Fort Wayne,
and Chicago Rlilrood Company AZ their meeting at
Pittsburgh On the cath ins declared a cash dividend
Of T. cent on the preferred stock commonly cg,sd
grl lia Ii g. davo NJ
is preparatory TO dividend on the stock which will
be determined Ut the directors and stockholders meet
ing on the 10th March II Is timo that the stockholders
were receiving something ont of the earnings
The net earnings the past year 23l y cen! the
stock The receipts could have been increased had the
company had sufficient rolling stock to do the business
offered There is road in the country Of that 9Th
that has cost so little money ana, With two
ccptons there IL no road whose net earnings are a;
!. much per mile.
! Attention Is called to the advertisement o.
I. Montgomery County, IL, Bonds.
!! The following cigcuar has been issued from
rooms corner Of Beaver and William Streets February
~ 1904;
The .fsss, Of BS. sF. rp 81 H ss q TIT
mn INST ana u be ured to ts pa,ssge ere%ias Addron O.
George ". Ho5sc., Henry Kaish solomon l. JOssp6.
iostph O. Mlis, James A. Cowing Leonard W Jerome,
~ hard scpl George HrnEgufe Robert w MuOaNk John
r. kitchen Eecus B. Liteh6eld Richard W King ID. Ogden
Bradley and such a5ocaes 80 they may nom time e. time
ETehSnss sh .aSA power a. ay Be aede1 70 P-riect
Ing end maintaining snh an orfuhson Shouid ths PHI be-
upon IT, nt'on Of such .s may due % tho ucst
Of .dmis tben ou,siendns otherwise the Board VIII be
continued under the sane management ~ heretofore.
/ Gen. Thos. i. Price has been made Commits
soner for the Pacific Railroad, under the act lately
passed by the Legislature Of Missouri.
The case Of Evans agt Cleveland and Pits
burgh Railway Company lately decided in the United
States Circuit Court Western District Of Pennsylvania
We find reported 81 The Ltsai Journal The following
points wero decided;
The Cleveland and Pittsburgh Railroad Company had
fu power TO execute contract guaranteeing the pune
uGl payment Of the coupons attached 70 the bonds Of
Allegheny County which were given the county In pay
ment Of her subscription % the capital stock Of the
The bonds and coupons being made payable to bearer
they pass by delivery and no assignment 10 neces
sory 10 enable The holder 10 sue.
The contract being made in Ohio. 20 be executed IN
York, and by the laws Of both those States such
contract being IN original undertaking, IN order 20
maintain al scOn on The guarantee II - not necessary
for the holder % DE County Of Ae gheny in tll0
rst instance pursue il to insolvency. any de-
T0and or notice required
Tie Courts Of the United States receive the statutes
and Judicial preceden.s " the different States evil
dence Of the INV Of each State without special plea Or
plOui niiIesS ~.
This was an action ~ debt brought 70 recover the
sum Of $1,000 for overdue coupons the bonds of the
County OF Allegheny guaranteed by the Cleveland aud
I Pittsburgh Railroad Company Tie coupons were in
tho usual form. The contract Of hs defendants W8s III
dOrscd on the bonds. and read n follows:
UyrICE or 1HR CLEVELAND AID PiTTsHUHGB RlLK1ADl
Co, CLEVELAND. Ohio OCT. 20 1893.
For value received tho Ceyond and Pittsbrrgh Railroad
Company s,sgn the within bond % -, bearer sn1
guarantee the punclua ptymeu. Of the Interest thereon d.
nay il duo at a., place add time ,peciGod
- cTdes OF tEs Board u Directors Of be said Company
! CYRUS PRASTIs., President.