New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1866-02-23
COMMERCIAL MATTERS.


The day has been kept as a close holiday among
financial people.
The traffic on the Hudson River road for Febru-
airy shows large gain, equal, it is reported, to
s67 600.
BY the Cuba we learn that or the 18th instant,
at the London Stock Exchange, consols were DUH
at s6I 0S6s. The hank statement was unfayors5le,
and showed a further decline Of the bullion IN the
Bank of England of flOo, 600. American fccur-
ties were firm AID moderately active, 52Os closing
at 67a 967i, Enc at 52i asa, Illinois Central at
Hl0Hi
Private advices state
that the bank returns are regarded with considerable
soeitude for although the heavy decline in tte private
deposits has been largely made by the nfcr Of Gov
eminent deposits combined with the repnyaen- OF adj
vances private securities the reserve has been
trenched upon 70 the Of 26l 462 IL considering
this decline In the reserve. however. II must not be-
overlooked that tho bsnk8 liabilities on deposits nave
undergone much larger proportionate dinnttlon.
The reduction In the coin and bullion Is fl0- 4s7i
the result Of the import and export movement of
the week was loss OF only Ell, 900, and J, would
therefore appear that, instead Of coin flowing back
from the provinces tbs tendency this week has been
rather the other way. In the cotton market tie chief
feature stin tne INCREASING demanu nr American
varieties TO the prejudice. moro or less OF all other
sorts while the former Is dearer with decidedly no
ward tendency the latter again In favor Of buyers
aud 10 many instances at some further reduction IN
prices"
during the present month there is considerable de-
crease Of shipments and that this decrease is expected
continue owing 10 the fulhment Of contracts and
the absence Of fresh orders coming forward
The circular Of Messrs. Guion d Co. Of Liverpool
says,
The exports Of British textile manufactures from Liv
erpoOl 20 New York IN January for the last sixteen
years have ranged from 39io packages as the lowest
up to L. s the bighest but in January last The total
was q much as 2,25I packages being 81 increase
Of 2355 packages over December. similar IN
crease IL observable IN the exports nom Liverpool
to New York Of foreign silks and other frs goods.
Wilmer g. Smiths European Tines says
There is recovery 10 note IN the stock ard share
markets ont the value o. securities little lower than
AT the date OF our last end the fluctuations at have
taken place in the interval have been few Yesterday
was monthly settling day In the Funds which may have
checked any tendency to improvement; hat the con-
nued high prices Of neBcy both within tie Stock TX
change and elsewhere has also aided in depressing te
market.
THE return OF the Bank Of France for the week end
ing February T. shows the following changes ss com
pared with the previous account: Increase cash seven.
teen aud tgo-Lhrds Millions current accounts. twenty
Two millions. Decrease, commercial bills, fifteen and
ionrftLs million, notes thirty and four fihG millions
advances seven hundred thousand; treasury balance.
four hundred thousand.
There has been little change In the vaue Of money
on the Continent The ratee in the leading cnies are.
Paris, 5a5; Vienna. 505; Berlin 1861; Frankfort 3
as. Amsterdam. 7d6t: Turin. 5dJ; Brusges 50Jt;
Madrid, ga iOi Hamburg, -W5; St Petersburg Cal.
Out Of the earnings Of tho Chicago and Alton
Railroad tina: Company have purchasedand paid l,r
the Alton and st. Louis Railroad, excepting ,533
shares of the stock representing sl53, 3l0the pur
chase of which has been negotiated at par. The
Company after completing payment for the Alton
and st. Louis Railroad, will have cash surplus in
treasury of $77 ,9i5, which insures 10 per cent
dividend on its total capital stock for tho current
year. The preferred stock has no preference over
the common stock in the earnings of the road. |
The earnings are divided equally upon all the stock
common and preferred. The preferred stock,
has no value beyond tho common, ercept
as a security.
The declaration Of stock dividend by this Com.
paDy has not added TO its reputation with investing
parties. The 1851, 245 Of new money put ITO the
concern only supplies part Of its wants for new
work. In tho years 1866 and 1867 full g., 5OO, 900
more will be needed, bringing the cost Of the prop
,rty up TO point where It's earnings viii not in
ordinary years make dividends eertAin.
The Cotton circular Of William p. Wright per
Australasisn says:
The weekly receipts are watched with mich anxiety
md the decrease for the week ending last aturday
New Orleans and Mobile though slight, IL not lost
md rapid decline In Mobile the actual falling OF proves
nothing the receipts by the two minor rivers no
levtred with the regularity OF those by the main river
md the railroad This is true also Of the receipts at New
Fao claim tee chief attsaeR and an Analysis NJ !bsp