New-York tribune., 1867-03-11

the clamor OF spectators TO the contrary notz,th
standing. new crop Of cotton, grain and proyis
ions means lower prices of these articles at an early
day. and the loss Of millions of debts made by partier
whose assets win not pay more than half their debt
1t is these facts which make specuistions for An
advance extra hazardous, and sure TO be fatal IA
those who make them. In the reduction Of ths
volume of the currency to be shown in 1857 an
market prices must shrink, and intrinsic values los
much of their power In arrcsting the de-
cline in commodities. and in stocks especially.
These are now piled up in Wall-st as never befora
on speculation, by parties willing to put up 10 per
cent margin on 1000 shares. who have more idss
of holding 100 shares as an investment than thsy
have of paying the National debt. Upon shrinking
currency these hypothecated stocks WILL in some un-
expected moments be forced to sale, and panic Ia
produced under which margins will disappear and
large differences DO left against their holders. la
short under contraction, prices OF stocks will 90
down as they rose during expansion, by SHARP
spas,ns. which will sweep off the rrots Of the psst
two years as rapidly as they were made. 81.
The Cincinnati Gazette of Thursday reports Them
ia a Good demand for money and bankers have gen.
orally moro paper offered than they take but still
there Is no pressure for loans, and good paper u
mostly placed at salO per cent, with exsopsisnsss&
| The Chicago Times of Thursday says:
| The banks report continued increase. demand A.
Jney, which Is traceable to growing 81 iatlre tel
reasonably well supplied with currency and senc fans
signs of coming srngency are already observable The
the money they are anxious to lend and find themseyee
in condition exercise the closest scrutiny paper
paper is still readily negotiated but each day II becomos
more difficult to place inferior grades of paper and ~
| curftes.
The Atlantic and Great Western Road earned In
February:
1866. $Os ss4 1867. $685. 274 Decrease s255N
The Michigan Southern Road earned the fnt
week In March:
$9Os1 ,ssI Decrease MN
The Marietta and Cincinnati road earned the fourth
week in February:
924 $50 Decrease. TOO
The total imports at New-York for the week COM
pare as follows:
NJ Es,s ss;sis m.csAs @ M.r.ss FEB 70 yssM
General Mdse..... 2,2sss72 2SSa,27 426,2sA 4O7so'
Total. ,8Osl0s sS8g8s5l ss572,ess tS,T7ala
The New-York imports of foreign dry goods com.
pare as follows:
Entered at the NsOS771 ts.sessl s2So5is
ThrSwn stvI jam Sn market iissi isSs. $500 Isds. 2 iss,
Entered at the pOrt...s1 1910 ssSsessso s222lsn
Thrown on market....... S,iao,T6S 32,SI,%1 A71.D<
Tho following circular has been issued from the Of
4
| NEw-YoRK, March s. 1867.
GENTLEMEN At meeting OF the Board Of Directors OF
this Company, held at the oCe OF the Company in New
York the 5h day Of March, 1867 It resolved that
be recommended TO the stockholders thereof TO increase
the capital stock OF the Company to the amount OF Thr
teen millions niue hundred and thirtyscven thousand
four hundred dollars 400, for the purpose OF In
creasing its depot accommodations for freight and pas
ani doubletrackng the entire road retiring
portion OF "a bonded debt and adding such increase ia
Its rolling stock as shall be required. The additional
capital to be issued az such times and upon such cond
tions an the Board Of Directors may from time to time do
termine. - -
meeting Of the stockholders will be held at the ocs
Of the Company No. 40 West Thrtiehst in the City oi
NewYork the 30th day Of March, 1867, ut II o'clock
for the purpose OF sanconng the proposed increase OF
! the capital stock.
Stockholders may vote in person by proxy and two
thirds In amount Of all the stockholders OF the Company
Is required TO sanction the same Very respectfully
| yours AUGUSTUS SCHELL, Secretary.
| The business of the Sub-Treasury was: Receipts
for Customs, s5G6,OOO Payments, S1,Oi9,S39 Az for
Gold Notes, $4,000; Balance, s112,2S5.056 "A. Re-
ceipts, $4,000 42.
Freights are dull. The engagements to Liverpool
are7OO bales Cotton, at ia15S2d, 100 tcs. Beef at
3d. and tuns Paraffine at 22s. Cd. To London-i0o
tcs. Beef at 3s. I'd.
At meeting of the Directors Of the National Bank
John j. Donaldson late OF the firm OF Nessrs. H. b. Cat
lin Co.. unanimously elected President OF the Bank,
in place OF Mr. John 7. Yelyerton, deceased-New York
| March ., 1867. j. A BEARDsLEf, cashier.
FISK e. HATCH