New-York tribune., 1867-08-02
near when debts OF all kinds mnst be met from the
sale of goods dailY falling in market value.

The current demand for the old express stocks appears
ons with the officers Of tSe Seya companie The
losses OF the now Company stated TO be at the rate OF
VoV per month, and have recently been increasing TO
the encouragement the managers who see no way out
OF their difficulties in which the ruinous competition In
sary nexperience OF the of the Merchahts
Union, and their less favorable contracts and arrange
mens with the railroad companies The charges Of ex
trayagance made against the Company due we pre-
sumo rather to this nexperience than TO any wiful
waste
The Old companies have had the adroitness to saddle
the Merchants Union with the heavier days Of ielgh
which is carried at loss to all the Companies; while as
matter OF course, they retain almost wholly the carrying
Ot bankers packa the most profitable part OF the eN
press business and which is only intrused to Companies
Considering the difficulties to be encountered in oppos
WITH frequently numerous calls npon the stocoders
would not be surprising should there prove to be some
luth IN tie whspering OF arrangements being IN pro
gress for the new company retiring from The Held
... r. Commercial Advertiser.
This statement, is we are informed uponc ompetcnt
authority, wholly untrue. . ..... .-
The Merchants Union, though running in opposi-
ton TO the combined old companies is steadily in
creasing its traffic and in July received 100000
more than its estimates. Their losses thus far do
not proceed from nexpereuce but are caused by the
fact that from the start they have been obliged to
pay railway companies in gross much as Is de-
manded from the old companies combined. AS their
business is steadily growing, their losses will dsap
pear and be replaced by fair profits to the stockhod
ers who thus far show no opposition to sell AT pres
ent rates. and with the present profits from business
the company is in position to survive the Autumn
and Winter traffic, fact mention for the benefit
If the confidential friends of the old companies
now picking up the stock.
The transactions at the ubTreasury to-day were :
Receipts for Customs, 100000; Receipts for Gold
Notes, $50 OOO; total Receipts $l,496,2l4 26 total
Payments, $726,2l9 50; Balance, Sl270S5,O62 So
In Frc ghs, the engagements are to Liverpool 5OOO
bush Wheat at Is. To London 1000 bush. Corn, 1000
bush Wheat and 5000 bbls Flour all by steam and
on steamers account
The following the changes in the returns OF the
Bank of England for the week ending July lS, com
pared with the preceding week:
Circulation. Inc el6ii52 Bullion Inc l4s't%
Public DepOsitsDec. 6O2S3G nc o'os.
Other DEPOSITS Dec. 337 g26 Reserve 100
OthcTSecuritIes.D Dec. 7s509
The London Economist of July 20 thus remarks upon
the money market: I'D.
At their weekly court yesterday tho Bank Directors
refIaned from making any alteration In the rate ol us
count The market terms are, however SO hucl M uelo
the official minimum, and the scarcity ot bls u 80 Etca
that the transaction OF business at the Bank hhV 70
bc reduced within still narrower limits thai those nov
marked. In LombaTdst money Is TO he had az pcf
cent and the rate for bills is well below per cent Ie
influence Of the Bank rate may possibly serve IN snle ~
gree support the exchanges and act against Tue uM
Jugs abroad upon this country Tor loan operatoh
which to he attempted ~ early as possible. 80,
discount quotations current on thc bouISes
chief continental cites were as iOhoWs Oh inc I'h VI