New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-05-22
was steady at 1906 9l30s all the morning, and closed
at 1901 The export Of the week has been

Total .--.--.-.--...-......--.s2l WOo
Previously. ACKNOWLEDGEMENTS. $4,000
Total for the week. 50 042,30s
Government stocks are stronger, but the amount
Of business is not large. For the 1905 the demand
is undated, but the old issue is for the moment
most popular, bearing, as it does, interest at 73O
per cent in currency without regard 10 gold. For
the last series there is steady inquiry, and the
sales arc fully up to the wants Of the Treasury.
Railway shares are still neglected by the public,
and the market is dropping. Erie sold as high as
70 upon the street, but soon fell to a. and closed
at 7Ci. The in money, large traffic and dimln-
ishng working expenses of railroads have httle
effect in stimulating investment at current mod
crate quotations, and the Stock Exchange is wholly
in control of specializing brokers. Late in the day
leading shares were quoted as follows: Erie, 7Oi
Michigan Southern, COZ; Fort Wayne 93993t.
The market closed steady and duh, the transactions
being confined almost entirely 10 Erie.
Coal stocks are duh. Delaware and Hudson,
l3l a 1856, and Pennsylvania held at liS; Atlantic
Mail, 1916; Mariposa NOR, active, and quoted
~ 0l3 Central Coal, i20ii, and American held
at 90. The entire business Of the Stock Exchange
Money is more abundant than ever and brokers
are supplied in excess at sac per cent, and large
amounts are left over at the lower rate. The re-
quiremcnts of the stock houses are very SMALL the
whole dealings Of the board not equaling in amount
q moderate days work in ordinary times by many.
single houses. In commercial paper Io change.
The withdrawal of the Government from tho
l.. g 4 n
had a very damaging effect upon long list OF conf
modtics and prices at the decline cannot be quoted
firm. Much as the Government buying has been
reduced It's purchases will soon be contracted still
further as il viii be relieved from tho cost OF feed
ing the large armies moving homeward TO be dis
charged The coal and iron trade has been much
contracted already, and labor of most kinds can be
had at a good deal lower rates. The restoration to
the labor of the country Of the force so long d.
verted by the Rebellion into consumers, viii soon
bring wages back 10 the old standard, and with IT
the prices Of all commodities. The day OF high
prices is over, and the less people 60 in debt the
better II will be for them as the year draws TO
close.
The quotations for Exchange are as follows;
Bankers Sterling, 60 days, 1921 @ilOi Bankers
Sterling, 3 days, ll0,; Merchants, l090iOs!
Francs long date, 49, Francs, short date 3.i2i'
The business of the Sub-Treasury was; ke-
ceipts -, 5j9, 500 5l--ior Customs, $4,000; Pay
ments. a.. s2l ,9i3 29-on account ofLoan 100000
Balance, si5,72i12o so.
Frcights arc still worry firm and rates look up
ward. The engagements TO Liverpool are 81 boxes
extract Logwood at los. and per steamer iOo boxes
Bacon at 20s. The charters are q British brig to
Montcvideo and an Italian bark TO Rio, both on
private terms.
OF the 300, 900, 600 Of banking capital authorized
by the National Bank Act, and tho amendments
thereto Of tho last Congress, only 100000 re-
main 20 be taken up.
The new three cent coin can be had at the Ninth
National Bank.
Tls Nee- Orleans Picdyune of May II reports
as follows:
Notwithstanding the heavy movement in cotton.
there has been only moderate increase IN the supply
Of domestic exchange. which has, nevertheless gwen
way about per cent Foreign has shown but little
variation There has been rather more cotton Offering,
but with this exception the freight market has con
tinued extremely dull The supply Of tunnnge Is ample.
and the facilities Tor forwarding Western produce
abundant. and favorable 10 the shipper The CONNER
cal arrivals from the West since our last issue com,
one from the Ohio River with moderate supplies of
Western produce. The weather has been generally
clear and pleasant but on Mopday We were visited by
quite a heavy ram and hail storm, and on Tuesday rs
well as Yesterday morning il was again showery The
river has been nearly stationary during tie past week.
being one foot below high water mark last evening.
sipp 557 bales Of Cotton Lake, 27l together, s35
bales Cleared since the 4h inst, for Liverpool $50
bales; Philadelphia. al New York, 2, l2l; Boston.
100; together 3O2I bales Stock in warehouses and on
kht ard M a o..
The receipts on 'he Grand Trunk Railway for
tho week ending May -, were;
ls63. sl27. 433 1864 .sloi,652
Increase .....-..-----s2 2' I'll
The Albany Iron Works Corning, Winslow &
Co.. have issued notice to their men, saying that
il will be necessary to close the works for several
months-probatly until the standard of wages is
materially reduced. SO the mills have stopped and
about six hundred men are idle. The employers
say that in the unsettled state Of the market and
the low rates of manufactured articles, they cannot
afford 20 run the works OF the basis of the past
year.
The annual meeting of the stockholders of the
New.York and Harlem Railroad, for the election of
new Board Of Directors, resulted in the choice OF
the folowing-named gentlemen: C. Vanderbilt, W.
H. Vanderbilt, w. c. Wetmorc, ii. +. Clark, A. Is.
Baylis, Augustus Schell, j. ii. Banker, John
Steward, Oliver Charlick, John M. Tobin, j. d.
butcher, A. j. Akin, and Hiram Cranston. On
Thursday, tho 18TH the Board of Directors met and
organized by electing Cornelius Vanderbilt Pres
dcnt, aud w. ii. Vanderbilt Vice-Presdent.
The Directors OF the Ashtabnla & New Lisbon
Railroad have resolved to employ more aborers and
push on their road TO completion.
Gov Lewis has appointed Stoddari Judd, esq,