New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-03-20

arrangement of their items
Dee 3d. 6S Mar le, ga Dec IS, 'Gs. Mar Il, 61;
33l 100 sl5Ol5,2i2 S3,99l,200 S99GsIl2
Legal Tender. 7si,996 e94O27a 6Ss9i,eOs G2'siS"5O
Reserve ssC,4c6765 s83,I8OOs s77.085sO0 s72,70762
Is per cent on
II Deposits and - -.
Circulation 5l,sO3ss5 ce1sS,49o 5s5e9,98i 800
Surplus. ssl se2ssO Ss 2aSs7 sls,42l52s sligl9ss2
Decrease Of surplus in the N6'So5l'o
The future movements win show more rapid con-
traction through the reduction of compounds and
legal tenders When the compounds begin tomature
and pass into funded debt, they will, instead of
being paid in currency in full, as speculative borrow
ers hope, there will follow rapid contraction of
bank credits with the usual effect upon overtraders,
spectators and borrowers of all degrees. The
following city banks deficient of legal reserve as
follows Corn Exchange sll10O Greenwich, s9S7O6
Oriental, s9055C; Marine, $4,000; Fourth National
ss4 OOO Central National, 1851; Ninth National.
s709l4; total si9S,753.
Tn Freiohts the engagements to Liverpool are 400
bales Cotton at 1l-32d. 7-16d 60 tuns Oil Cake at
17s. Cd 100 tcs Beef at S. Cd and per steamer 100
bales Cotton 9-16d, and 100 hhds Tallow on private
terms. To Glasgow-2OO bbls. ROsin at %. Cd. To
Antwerp-1JO hhds Tobacco at 25sy027s. Cd British
bark with 5000 bbls. Petroleum to Liverpool at $751;
and British ship with 5000 bbls. Petroleum to Lon
dom
The business of the bTreasury was: Receipts
for Customs, 100000; do. for Gold Notes s2U2OOo;
Total Receipts s2277742 SO; Total Payments, $685.
91i 81 Balance, slll,576,l55 81.
The proposition relative to the Ohio and Mississippi
Railroad to reduce the amount of common and pre-
ferred certificates and lay an assessment does not
meet with favor among the holders of the securities
and il is to bo abandoned. The organization
will therefore take place without delay, and stock
will be issued in exchange for all outstanding cert-
Gates and the trustees will give way to Board OF
Directors TO be elected to hereafter assume the man
agement
The earnings of the Western Union Railroad Com
pany for the week ending March IA, 1867. were
1861 ss1l0 so s9,Goi "a Decrease. s5li 81
Printing Cloths are still improving. The Providence
market is thus reported by The Journal:
The market has been quite active during the past week
Market opened common 6XGl and closed at
for firsclass Gix6l The following are tne sales 5O
pieces 5xGO s9c 5000 pieces 56xG0 9c $1,000 pieces 6lx6
iOc early in the week; 250O pieces btAoi ivy $500
pieces GiG6i loic; 10000 pieces C4xGi Otc Ioa iVVV'
pieces.
The exports of the week have been si3l5,59s.
correspondent says:
The following. IN relation TO the Michigan South
ern Railroad Company appears N the money "r'cio
"Whe the President OF the Road, engaged IN the EST
The ruling Directors including the Treasurer
and secretary supposed TO study how not to part WITH
any portion Of the acknowledged net earnings OF the ROAD
| in the way OF yidcnds TO the stockholders"
was melted by the above, and by my interest as q
| Stockholders to make inquiries at the Company
Office why had received no dividend | there
learned that the Treasurer III Newl Ork had received
from the Western office during the fiscal year ending
on the LIST inst. OF the earnings money, the sum OF
$4,000 and that the annual charge upon the net earn
ngs for interest on bonded debt, sinking fund ana
dividend on guaranteed stock which has to be pad
| at the NewYoT office, is $4,000 came 70 the
| conclusion that the Ncw-lorl managers cOuld not
nav ont what they did not get and that they should
not be blamed because the facts and figures happen
10 be against the theories OF the rosy nilationist oil
| Tie Tones. a SIOChhoIDi-R
! n, ~ Editor II ne Tlbuae
SIR | notice that your brother money editor. in re
Journal Of Commerce, continues 70 bc exercised on the
subject Of the amount ~ the United states debt fang
this year He ought 10 have learned before TINS time
that the holder, and the public do not unite with INN III
The only debt falling due this year. except about " COO
90 ~ the old Skies Of 1867 payable In com, Is aDOut
Ss000OOO 81 Compound Interest NOtes and the August
80. II il hoped by the many that the Secretary can
pas thc coupons out ~ his current receipts; or u NOT ne
can fund them into sos At premium or Issue thc lhfec
Der cent Certificate. authorized by the late Congress-
lie need not borrow any trouble about the 1903 fa
ing due 18th Of August They Will take care OF them
selves They convertible into q $50 Gold Interest
Bond. dated 18th 81 August, lSl, which Is letter SH
than any the market because longer 10 run ~ A
per cent. The PREMIUM To day D. - per cent Is 'ncie
any rra son to believe that 20 viii De less In August
The holders OF these T3os arc for the most part ns
tous savings banks. and capitalist. who are wanting "a
rcnyes them n the Secretary viii announce, a, tru.t
he viii soon that he u ready 10 make the exchange
cquazng interest, The greater part would De uhdeu DC
SoaI 49, March u. 1866.
! FIRST MORTGAGE BoNDs or I'M CENTRAL Pacific
RAILROAD CoPANYIntoros AZ the rate Of Six per cent
per annum n COLD. paya able In the city OF NewIork
! Tor fun particulars apply TO OF address
FISK & HATCH.
| Bankers and Dealers IN Government Securities,
No 5Nassau-st.. y. Y.