New-York tribune., 1866-06-04

SATURDAY. June 2-P. ~
Gold he's been very strong all day-openng oil l4l and
ssesing at l4li, after selling st l4lt.
Government Bonds fTmeT with fair business IN
ss ct 1921 alO2l for coupon, and lo2s for registered
bonds 1905 second series sold at 1925 The misceane-
sps share list was f, with small transactions Marposa
preferred sold high 25i Cary Improvement Co., IL;
Boston Water Power was active and sold at 52I The
Railway msrke. opens frm NewYork Central, SO; Erie
g. with moderate business but after the call the mar
het was weak and declined the entire list without any
pressure to sell; NewYork Central sold at 97s Erie 6Ot
Reading l0s Michigan Southern 80, but later IN the
DAY prices improved and the market closed steady Inc
amount Of business transacted has been very small, and
abe session Of the stock Exchange hny attended, Enc
n active borrowing demand and deliveries made with
uest inegulanty. The balance of the list begins
70 feel the effect Of the financial troubles of
che Erie Company, and a disposition to sell
has been noticeable for the last few days The general
subhc are as yet unable to understand the condition OF it's
sesirs and await further deyelopements The earnings
Of the road for the last five months have not been su
sent pay the running expenses and interest by several
Anpdred thousands Of dollars and the common aborers
Of the road remain unpaid for at least two months The
Gock is now valuable for delivery, but soon as the
pbo interest is covered must 60 much lower as no dy
aend be paid the Common shares and that OF the
Preferred is more than doubtful The market closes dull
s quotations: Canton, 6ol 06li Cumberland Coal, 45
g. Marposs Preferred, 23i a24 Quicksilver, 52i 52i;
New.York Central SO; Erie 60i S603; Erie Preferred,
y4l; Hudson River, llll Reading, l0991o9f; Michigan
Central lO7 alO7I Michigan Southern, sOl asOf Illinois
Central llsallSl; Cleveland and Pittsburgh S3i as4i
North Western 2si a2Ss; North Western Preferred, 5Si
Sss Cleveland and Toledo 1906 Rock Island, s2i Fort
wayne, e7t
Money continues TO grow more plentiful, and large
ansuns were offered brokers to-day. The rate on call
continues to be per cent with occasional transactions ct
yJsr cent.
Foreign exchange is firm at 1904 slO9i and at 1l0ao
III for short sight The latter chiefly in demand,
py because Of the fear Of further financial troubles in
xhgland
OF specie the City Of Boston takes 49, the Sax
sNa S6s Os6 the America $4sl O36 the Scotland none,
saa the Periere 81 oOO making total Of g. 63l@4
In Freghts the market is rmer. The engagements to
liverpool are 1000 bush Corn at 4d and 50 hhds Tobacco
at 30s To London, per steamer, 1000 bush Corn on
yrvse terms and 100 hhds Tobacco at 25s aGs Cd To
prsto 81 900 bush Corn ct 81. Cd. per quarter. bark
vas chartered to Liverpool private terms bark to
Cork for orders with Corn at 5s and bark from Phis
Aepha to Cork for orders with Petroleum at IS. Sd.
The business Of the SubTressuy vas Receipts, g.
se l2s 4-fOr Customs, $334OOO; Payments, t2,s22,-
81 s2 Balance IS 202 S2l Sc; Gold Notes, s367,OOO.
As an illustration Of the generally collapsed state Of the
various monetary institutions Of the South, the condition
q the affairs Of the Bank ofVrgnis has just been made
ysbHc The assets Of this bank consist of Confederate
bonds and stocks to the amount 2l6ls and
n coin. Among the liabilities are: Capital stock
70. .65l. $50, and $4,l52,34 due depostors.
An important case, involving the responsibility
Of bankers for special deposits was tried at Gin
s.n' before action nudge ss spoaeh anS Sy e. Vsnd
wster and wife against Larkn, Fox g. Company,
baais $1,000 the valne oftwo sevenhirt bonds
Ssai q the defendants It claimed BY M vsndswster
tss. hs bonds were the property Of bis wife " that h e them
seosea In envelope on which was written the name
q the 18th Of September he called for them and they could
s be fosnd and the defendants refused 10 him their
, d been s M 20
s power 70 restore i they were not Responsible but .a.
which :: es governed By conjecture a It. should ts
PROPERTY but the inability comply with the contract
xs produced by fault Of ther'no neglect, no ons
sa q @ Rs r s i 5 si o q Il. Son
with interest from the date Of the demand.
The financial troubles Of the Erie Railway continue 10
BE the absorbing topic of dscusson both BY the newsps
vers and the speculsng public An evening contemporary
n distressed think that the Company had not applied to
some other source for funds The facts OF the case are
shat no one else would lend the money on the security
offered and any person who desires to do so can have any
OF the loan euecteu Oh inc edme Sion'ou
Mr. Drew The directors who would be supposed to be
beet posted as TO the merits of the concern yet have
shown DO disposition to take any part of the load and its
benefits from his shoulders.
The National Banking Express Company yesterday per-
fscted their Of March with the Adams Amer
San and United States Express Companies bypayng over
10 them the balance Of the IS 100000 falling due that
aay In the consummaon Of this contract the National
Banking press Company ceases to exist as separate
sganzaon its stock being emerged into that of the old
companies named above
The Pacific Mail Steamship Company give notice TO the
Aode of Scrip stocks that the instalment due June
sin be received at the Office of the Company
sntl Monday June 4, free Of interest. Amounts not
paid before that time will be charged interest from the lst
Inst.
The Chicago Tribune Of Thursday says:
Tbs,oney market to-day moderately active but there
change in t condition The demand for dis
ssns continues quite active and the market h comfortably
ssss-pme paper being readily passed at 10 cent per
and sseondclass names generally rejected On The