New-York tribune., 1867-07-26
press stocl


choice collaterals with, however, good deal done
among brokers at per cent. In commercial paper no
change. Best names pass at cal, and seoondrate at
SAG per cent. Tho demand from the country Is
moderate.
EXchanga is hardly so firm, and is quoted: London,
co days, IO@1lG sight, 1105: Paris, l0ng, 5.l3s0
512l; short, 511iG5IO; Antwerp, 5l6s0jI5; Swiss,
51Gl3515; Hamburg 5GsS15Ga Amsterdam, 4liG4ls
frankfort AZ; Breuon, 79G79s, Berlin, 72i972l.
In Freights the engagements to Liverpool are 1880
bush Corn at Sd; 300 tcs Lard at G1s6d; 100
bhds Tallow at l2sGd- and 100 bbs. Lard at l5s To
Glasgow per steamer, 800 boxes Cheese at S5s. 10
Bremen, 1OOO Tobacco at 1os- and 500 hhds do
at20s. A vessel with 1900 bbls. Spirits and Crude
Tu-pentine, from Wilmington 20 tho United King
dom private terms and an Italian bark TO Bristol
direct, with S,O0Oqrs. Corn at kls.
The transactions at the Sub-Treasury today were
Eeceipts for Customs, $3s99OOs Receipts for Gold
Notes. $iC2OOO; total Receipts $4,54,665 IS; total
Payments, $5,ll0OCO 10 Balence, $lSO549,4GS n.
The Goddard Fire Insurance Company have de-
clared sepannual of five per cent, free OF Govern
ment tax payable on and after August l.
RAILWAY EATNINGs TgIIRD WEEK IN july.
Michigan Crtral. S5225i s6iso6 Dec. $3.50
Chicago and Nswest 2O3,IC5 lsl,ls1 Inc. 28,2si
Tho railway earnings show a small improvement
upon the low traffic of the past two months, and for
the present Jhe WOIbl ili3 'o iOo
! traffic is concerned
The inserest in gold ON the first mos gage bonds of
the Union Pacific Railroad Company, Eastern Diyi-
sion, duo August l, will be paid by Messr5 Dabney,
/ Morgap.& Co., No. So Exchangc-place, NewYoTk.
| We are at length enabled to announce that there
! is fair prospect of n change nse administration of
| the EIao Railway Company. BY reference to an adj
veriSGmeut in another column it Will be seen that
Messrs. Work, Davis & Barton, d. P Morgan, and
Augustus Schell have agreed to receive the proxies
of such stockholders seek reform in the manage
ment. IL might be premature, at this stage in the
contest, TO publish the names hear mentioned as
likely TO DO on the Board Of Direction; but the
high charactev of the gentlemen who solicit proxies
| constitutes a guarantee that the Board will
command public confidence 1t only
nairs for the stockholders 10 act in their own
! behalf For fifteen years the Erie elections
have gone by default. For many years the,latc Mr.
Marsh carried the election in his pocket Even last
year, when contest had been threatened less than
half the full vote was polled. This apathy, seems the
more amazing in view OF the way The concern has
beon mismanaCcd. In ten years the gross receipts
have Iiaen from five 70 sixteen millions, but dhc
owners Of the property receive no more income now
then they did then 1t has been quite mmaterial to
an Erie st0c(,holder whether his road earned mil
lion or two millions a month. Whatever tho road
/
director every employ6 has grown rich. The former
have Iaadc millions the latter thousands Of dollars
Every ono connected with the concern has fattened
on it except its owncTs. Other roads. with far
! less traffic than the Erie, have paid regular
dividends for years. This road with gross revenue
larger than that of some kiscdoms, and with
traffic unsurpassed in the worldh for years been
an unproductive fancy the football OF stock gam
blers in Wall-st cschcwed by ynyestors aud regarded
with aversion 10y money lenders. IL Is ahout time
all this changed and at least an effort were
made 70 apply to the Ere the principles which have
placed Harlem ON the diyidcnd-paying list The
road will earn in the year 1868 not less thar s2oO0o-
OU II lIr Drews,ud his friends retained in the
direction this money will go as the hcElG0o0GoO earned
last year went. Under such management rs that Of
the Hudson River Harlem, Toledo. Michigan Cen
trail or Ncw-Jersey Central. thesc earnings would
yield seven 10 ten per cent on the common stock
The following statement including shipments from
Buffalo for l4 days ending July % and from Oswcgo
nine days ending July 20 viii show about the amount
Of grain and 1our canals destined Tor tide watcr
l'g'i eSIis i'--'' Tour wA,,. Com OFT. Barley RE-.
Jny o.. ndt9 elt,ls9 t,5ls9 oss s,sig ioo ,a,o
DGayG' dayS..i, .... sno lsssso o7o,5 1oeoO 1920
go,odays 2,o7o 2a,aO laO2o 80. 921e
Prev Week 2,95S '5o5 I7i5,55a s.o7o0 1900 2l'75S
isc6..., 7co Isa.i@ 23ci,57o sis,Co2 80. sc,olO
The Secretary of the Chamber OF Commerce Of
Milwaukee reports the amount OF wheat in store in
that city July 20 at l33,O0O bushels.
Tho London Morning Herald of the 18th Of July,
says
offered the security Of cousols yesterday 90 per cent,
bur the parties TO whom the proposal Was made were 30
full that they refused 10 take II.
The return Of the Bank of England for the week
ending July 10 gives the following results when
pared with the previous week.
The Rest ............ G32ls3n Increase ....sl31l75
Public Depoas... Gl2i,9Cg Increase 'i,-S5 , iiy
Other DCpOss....-..- 2,Zj25Jl Increase. @,jOs,Jl
On the other side Of the account:
Government Securities sl2s3o773 No change.
StheT S,I isso isdS5o
The amount Of notes In circulation s s2lO53 OsO being
decrease Of &SOO7sO aad the sociof bullion in both
uIpattIneHl ~ i,, a." & ir w va
when compared Win tie preceding return. Inc amount
OF gold from abroad sent IN during the week was &l
OJJ a1d, the payment Of the dividends usually 0cca
sons withdrawal OF about 100000 Ia sovereign II APP
pears from the present figures that considerable influx
have taken place from the redundant Internal err
culation Of coin.
The Boston TareIler says:
Notwithstanding the large amount OF spare funds lying
fallOw In pr0tess idenes corded up IN huge stacks of
paper bundles, and patiently waiting FOR something TO
dO 10 is nevertheless almost impossible Tor any one TO
obtain Ireedful accommodation on discounts, either for
short or long periods of time, without offering the names
of prouisOrs whose credit Is undoubtcd, collateral
pledges that are estimated being beyond peradven
tuge In point of safety. Capitalists and institutions pre-
fer and parhas wisely, to cry over their unprgduetye
balances rather than cry after them when efforts for
their recall should 1t 20 happen, may prove To be fruit
less There aenumcrous borrowers, OF rather sanGune
temperament, who would eagerly ake'a the tQQney
thoy could get from lenders disposed TO stand the rkk OF
recipients risk but such are not aec0mmodatedi while
those who are perfectly responsible furnished with
all they require, discounts at sx and loans at i've per
cent.
The following will show the comparative receipts
of flour aud grain at the ports Of Milwaukee, Chicago