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

track, and is like all the Railroads. in very pros
porous condition, as the above meager statement
shows.
The Davenport Democrat says:
The holders of the Second Mortgage bonds issued
by the Mississippi and Missouri Railroad Company
have monced proceedings In the United States Cir
cult Court FOR foreclosure. The amount u these bonds
800 600 bot nasmuch no interest has been paid
tbereO0,- The firm amounts TO Sl,0OQOO0 or more.
Underlying tBis mortgage are seyeraiS c.hers
which were given upon different sections
Of the road but not upon the entire concern.
This action Of the second mortgage was probably in.
dueed by the late made 10 sell out tie NJ. ".
10 the Chicago and Rock Island Company IN which
rangemeut the parties entering suit failed 10
proper regard for their interest exhibited by the con-
tracing parties. The will probably cone up for
hearing at the May term at les M1ines when . Is
probable that either a temporary or permanent Re.
ceiver viii be appointed TO wind up the old Nj. NJ
Co.'S affairs. This case Is ot huge proportions
embracing various and conflicting Interests. where
immense amount Of capital will be scnsiby affected.
The Chicago Tribune Of Tuesday says:
business opens to-day with very quiet money market
The pressure for accommodations at the banks was
light and first class paper freely discounted at ten
per cent per annum but lenders at present exer
csug closer discrimination If the paper offered, and
nothing but the very best passes Ga the street second
and third class paper is discounted OF to two per
cent per month. The supply Of Eastern exchange
nues very light and the market is close At par buying
and lilo premium selling. Round lots were sold among
bankers at premium Of zoe. per thousand.
The Cincinnati Gazette Of Tuesday says:
There was pinch in the money market again cansed
tbs time by call from the Government dcposlto
lies The river for increase OF securities
transfer Of the Of deposits 10 the United States
Depository There was also an increased mercantile
demand. and bankers were compelled in many eases
to refuse rstclass paper. offered by customers Rates
Of interest were firm at lOdl2 per cent between bank
ers and their deposltors and 1908 N the open market
for good names. There was also a close market for
exchange. and rates were firm al 5Od7j premium buy
ing, and lilo premium selling. There sales Of
bankers checks above l-lO but many VI the dealers
fused 10 loan except 10 customers.
Thomps0n's Bank Note Reporter says:
il is quite evident that they who take good care Of
their money for year two at low rate OF in
terest viii be the best financers Acting upon this
idea the First National Bank Of this city has bound IL
self by Resolution Of the Board of Directors not 10
discount paper byt 10 base all its loans ON United
States and New-YOrk State bonds and Treasury notes
ma security for their prompt payment Hence this Bank
has always been able to make advances to It's
pODdcDts and customers. Intimately connected with
this peculiar system Of banking. The First National
Bank adopted the system OF issuing Deposit Receipts 70
those not wishing 10 open permanent account These
Receipts are payable on demand and bear four per cent
interest II not drawn within seven days from their date
thus carrying into practice the most perfect and
nient Savings Bank ever organized in this country
Alarkets-CAREYuLLYR REPORTED THE n. Y. TRrsuNs
THURSDAY. March IT, LEGO
ASHES-Tbe market is dull and prices nominal.
COTTON-The demand has been very fair, and
prices maintained. the marker closing steady ut
4laf2c for MiddliDgs with sales Of 2, 500 bales
COFFEE-No sales Of any description are reported.
and prices remain nominay unchanged.
FLOUR AND MEAL-The market for Western and
State Flour is dull and quite irregular 1.-THE low grades
freely offered and easer but good brands of oil grades
are firm indeed Old Flour Of medium grades is very
hm and In demand; the sales 100 bbls. at 90 600
"a y for Superfne State 81 30G57 20 for Extra State;
e sO0so % for Fancy do. S740ass 10 for the low
grades OF Western Extra; IS 30as8 10 for Ship
ping Ohio s2 % for Trade and Family brands,
and sl2 jO0sl6 for ST. Louis Extras. Buck.
wheat Flour is duh at s. 250S3 90 per 100 n
Canadian Flour is dull and heavy and five cents lower;
sales OF 200 bbs at 81 700tS 20 for the low grades Of
Extra anu Is 3O0Sll IS for Trade and Family Extras
Southern Flour Is also heavy and dull sales Of $50 bbs
nj 60 5OdslO 80 for mixed TO good Superne Country
Baltimore &c, and $40 25ds5 50 for Trade and Family
brands. Rye Flour Is firm and In fair demand; sales of
$50 bbls. at 81 25as5 So and very choice at e5 a.
Corn Meal dull and heavy sales Of leo bbs at 81 60
for Jersey and 81 1884 25 for Brandywine
GRAIN-There has been less activity In the market
for Wheat to-day; Spring is without material change
IN prices, but choice Write Winter is better and Is
wanted the demand Is confined TO milling; the sales
Der do. at 81 730sl H. in store; 500 Amber State at
o. 81; 400 White Genesee at 81 IS; LOCO White Can.
ada at o. IS for choice Barley is in moderate request
but prices without material change; sales Of 1880
bush at 90c for Canada East In store and 81 10 for
fair Canada West aHoat. Barley Malt is lower and in
moderate demand; Gales Of $50 bush. State at 81 10
Gsi 25 for to choice. Oats without special
demand rs only m0derate sales OF IS, 900 bush at a0
sc for Unsound Western; 53d55c. for Old Westerns
for State and 49d5c for Jersey and Southern
Rye Is heavy and prices are somewhat nomiDaI sales
u AN Push Y rs t& WsstklR md a243 faI Ststs.l