New-York tribune., 1867-03-28
MEDNEspAY. March 27-P. ".

Gold has ranged from 134lG1Sis, and closed 1874.
Government Stocks were higher and the new Is of
1865 quoted 107s. In State Stocks and Railway
Mortgages the transactions are small. Bank Stocks
were steady Pacific Mail was higher, selling at 132
and closing at 1901. The Railway share market has
lost none of it's dullness and the fluctuations are
hardly sufficient to pay commissions. AT the close
of the day prices in some cases were quoted htue
higher but the demand was moderate, The closing
rates were Pacific Mail, 1293G1SO; Atlantic Mail, 81
GDSs; New-York Central, 1O6sQ1O63 Erie, 5fd5S;
Erie Preferred, 7OG75; Hudson River, 1S7G13Si
Reading. 1Ol}G1Olt; Michigan Central, 1OsG10S
Michigan Southern, 76l0769; Cleveland & Pitts
burgh, 79a1SO; Illinois Central. 1l5301l6; North
Western, S5.0SJl; Northwestern Preferred6430
64i: Toledo 117lGl1Si; Rock Island, 6Q91t; Fort
Wayne 961Q&l.
Money on call is per cent Commercial paper
sells at per cent and at SGlO for fair names Inc
banks are offering good deal of accommodation
paper which finds little favor. Currency is reported
as scarce and quite moderate Country orders are not
readily filled. Country banks disposed to lean
on their city correspondents, and the April report
will show that many National banks are more ex-
tended than is prudent
Foreign Exchange bills at GO days on London,
iO8a10ss for commercial; 10S.0lO9 for bankers 40
At short sight 1O9IQ1092 ;-Paris at 60 days, 5lSsO
b16.: do at short sight, 5150513s; Antwerp, 5lS1O
bl7!; Swiss 51ssG517i Hamburg, 3e0S6.; Amster-
dam 4O,0Aa; Frankfort, 40l04l; Bremen, 7SaG'9;
Prnssian thalers, n3072
The Cleveland and Toledo Railroad has declared
dividend of per cent.
In Freights the engagements'to Liverpool per
,teaner are 70 600 BUSH Peas at 3d. $50 bales Cotton
at 3D. 30 bales Sea Island do. at ID To nHdon, per
steamer GOO boxes Cheese at 4Os. To Bremen l,OU
bbls Rosn at 3s 100 hhdsTobacco at 3js. To HavTe,
80 tuns heavy goods on private terms. ship from
PHILADELPHIA to Antwerp with 1880 bbls. petroleum,
on priyate terms and vessel with $500 qrs Corn,
from Baltimore to Cork for orders at os per cent
primage.
The business of the Sub-Treasury was: Receipts
for Customs $502 900; for Gold Notes. $SjOOG total
Receipts, $34l92S9 So total Payments SIoo''ooO '|'
Balance. $1l31l1 ,9S2 40.
Financial affairs not in an encouraging position
with merchants and spectators, who begin to see
more clearly that the Treasury is master OF the stu
alton and able to get its affairs in ORDER while MINOR
interests come naturally TO disaster The volume OF
currency upon which so many merchants and specu-
lators based their operations steadily decreases ana
il is now apparent that in short time traders upon
borrowed paper money, and rredeemable paper money
at that must rapidly into liquidation at ruinous
losses The last desperate remedy of overtradlng
merchants is being resOrted TO, and bank offcers
are importuned to discount accommodation paper
in amounts calculated to attract serious atten-
tion From this state of affairs to suspen-
sion and sliQuidation the steps are not long,
and no change in the administration OF the treasury
can give relief. Reports industrOusly circulated
by the press and in conversation that Secretary
MeCnlloch has determined to stop contraction, ana
taken measures to ease the money market by pur-
chasing 73Os with his balances The statements are
without foundation, but the other hand there IS
ample authority for stating that funding and lncl-
dental contraction will DO pursued as steadlly az
aver The task of funding and contraction is so
LARGE that the Secretary has no time, II ne had te
inclination TO listen to the lamentations OF specu
Iators who have refused TO listen to warnings
and now find themselves unprepared to haImohze
their business with the movements OF the secretary
in the performance of his duty to the solvent part OF
,be community, and in behalf of its permanent
property.
RAILROAD EARNINGS THIRD WEEK IN MARCH
1867. 1855, rnorooss A. IA
Michigan Central S775Q8 $C8,S54- increase .so,tt9
Wssiarn Union 80. 9ll9 s,1ls-Increase l'ol
The following will show the exports, exclusive OF
,necie from New York foreign ports for the week
ending March 26 and since the beginning OF the year
Ear the week. ....... s3eOs,1s5 S,127,25s g. SSe2S3
rev. reported H6l7'0Oo oV,'oI,'lI ~ ,DYDOo-
e,roe January, 01I2,oos sS6,9Is915 s4S,I9lS4A
Parties interested in the reported contest Ior con-
troll Of the Michigan Southern Railroad VIII find the
following extracts from the forthcoming annual re-
oort' of interest The facts gwen enable shafehoiu-
rs 10 Judge of the ability of its present MANAGERS
and the financial condition of the property lhe
statements are official and the President OF 'ne ic"u
Is ~ be commended for the frankness with whch