New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1866-03-05
heavy los. The buyers cost Of the stsp'eis esti'

no sted ct 50 cents per pouDd-s price wn,ch' proc
sbly, viii not be reached very soon. WIN oo'"n
SPECTATORS the question Of loss 10 beyonu eep"'o'
and must be large, 40 consumers have msoe up
their minds for low prices for manufactured 8oods'
The Erie corner was well supported tnroughoutthe
d.v. LARGE Amount of loaned stock was recalled
and g,oa, effort uade to keep il scarce, but with
ANAL success. Some parties paid per cent for
stock until Monday, but more arr able 70 porro~
in tho usual way. The rest Of the market was
lower and at no time in the last five years was tho
street 40 bare of outside orders, with 20 faint
prospect Of getting them. The trade Of the city as
q whole is losing one, and would-be spectators
End in their own business use for su their money,
and have in their own commodities the excitement
attending stock operations.
Since the explosion of the Morris Fire Insurance
Company, stock in FIRE companies is not 80 salable
or available as collateral Several companies have
impaired their capitals, and must hqudate or make
up thoir deficiencies by assessments. The money
market is liz o condition when weak spots IN cor
pors,s bodies cannot DO so readily concealed, as
during the past four years, when anything In the
form of certificate could DO used as security for
call loans. at some rate.
| Attention is called 10 the advertisement OF the
First Mortgage Bonds Of the Atchison or Central
Branch Of the Union Pacific Railroad.
Upon the LIST of April the temporary contract OF
the Pennsylvania Coal Company with the Ere
ends II will then pay II cents per tun per week
on its coal instead of y cents rs at present
The Michigan Southern Road, in the last Week
Of February, loses So, 900 and ssO,Ooo on the
month, which gives SO, 900 less than in 1864.
The annual balance sheet Of the Illinois Central
Company has Just been published. The changes
since last year. and the result of the annual trafhc
and land departments Of the Company, are thus
stated by the President:
Since our last annual report hive earned zoe
81 received from collections in The land department
G. 919l5 40; expended on permanent structures ana
INCREASE Of equipment st54 43i o. and for Operstiop,
O. soy 7g4 ~ We have paia 10 the state our annual
Of per cent the earnings Tor INC year euu
ing October 81 Ices, amounting TO e4s6 4sy ~; have
paid funded debt Sc o. ESQ and two d'i
dends Of cent each the capital 'toCk amount.
Ing TO So $50 s4 "a. in addition 10 siock dstrufion
Of $40 per share, and hsve redueed our inien aot W
The redemptlon and cancellation Of bonds 600 800.
We commenced tbs new year with bll5oe 81 net earn
assets hand Of 7C3 SIS IS being $50 600 IN excess
OF the dividend of per cent declared for The Isl Of Feb
rsIy Ie66 and paid and with stock OF supplies
on hand valued ST Ss7o.i7e 63.
The amount Of bonds cancelled ard In the hands Of
tne trustees IN u "
Department MS. on Dec 81 e.. 3il. 500 During he
past year the equipment increased by The addition
OF twent two new locomotives two more being nearly
completed at our work shOps), i've maii ard bsg'
gage ears siIy.twO platform cars, one derrick Cal.
with shop machinery aud tools 90 the amount Of S3
$40 ~; and our Instruction account was Increased
for iron bridges. row station buildings. engine
houses. workshops, and other permanent improve
ments 1921 ey3 20
The present capital Of the Company in
shares 80
Bonds In the hands OF the public. y $3.50
Together 743 O6O
Cost of road and Dash on hand ~ 66,OoJ
Paid from land collections ............. 1895 100
The Land Dep utmen, still holds a. 76 Oa5 notes fur
lands sold aud to mature and Or COZ acres OF land un
The Cincinnati Gazette Of Thursday Gays:
This Is the last day Of low froish,s shipments
were made at 3oc per 100 pounds To New.i"k, ont
there IL movement TO advance TIE rates 10 90; no"
long IL will last ID O question Of easy soin,ion.
The Chicago Tribune Of Wednesday evening
says.
"BusiDess generally today was moderately sstvo
The Wholesale trade was quiet but the transactions
we're more nemerOus than for several dsys past
Country dealers determined 10 do nothing else at
present than keep their stocks up To the deDad and
orders are consequently hight and varied. ioueed
among all parties. there strong feeling against h
ing In heavy stocks OF goods, as steady iS IN prices
rs anticipated. In this connection We ere happy TO
learn hat leading whole ale LOnses Instead VI &C.
crptipy tie liberal offers made Ia New York With re-
gard 10 extended credits have thus far purchased mod
erately for the Sprung trade, and mostly on cash OF
short times but they have 20 compete against mot oil
Eastern druumers. who are peramonsfng the west
xious 20 sell Western country deerC gu long cEcdiis
Our sdyoe 20 countr, dealers 10 TO buy snail stocks
VI tbs nearest market ccsA, 70 sell their goods at
moderate profit for edsh aud whenever Eastern drum.
mers Whisper IN their ears that they can have oil tie
goods they desire on long credits inform them politely
That Is low. money valuable and that they han
better go home. sell their goods for whatever they VIII
bring for cash. and come out West with II and lend
al ten Der cent per anuu. In this way not oHr the
West but tue East will be benefited. We are on
tho down grade and money viii so mp while goods Will
go down. The money market day was close AID
but good customers were freely accommodated al
tue banks ut the usua ate of dso. INT VIZ 10 yer cent
per snnum Street rates are steady oil per cent per
month; bnt bat very needy borrowers pay those
rntet Tbs prospects ahead viii not warrant specula
tive such rates. The deposts ut the banks
at present are very light. The merchants complain
shat collections AL over the West are unusually slow
and this keeps balances low but our merchants gen
orally are in good sLape-wh hight stocks, bet few La
bii,ies, and no dspositsn " speculate.
The following figures show the Imports Of Foreign
Dry Goods st New.York for two months from
Jan. i:
EyrEKxp FOR oossUAITIoA
1854. 1850. 1906.
Entered for oons n s4. 7ei.5S ~ 7YJ+62 ~ 7i7ss
WITHDRAWN PROM WAREHOUSE.
1854. 1865. 1855.
bouss ........... g. %3ao27 ta.o7aets t7oN SO
Add ent. for coma IA 7Ss.jot k3i9s46a x27i79H
Thf~n On tbs markt Gle 2i76ii s6e7aag e. 139 4Ge
ESTEEID roa whREBousHo.
INT o., vrarsAansins NJ g,7 M 40 24 sf1 a. Isl 72l