New-York tribune., 1867-06-11

LIE OF SdtuIud1 ltedlu W tuo
of currency at the control of the Treasury.
The Michigan Southern Road earned the first week
in June:
1867 sSl 5ls % 1896. 81 Oe5 SO Dec Oi52
Earnings for the fourth week in May, seven days.
ending the 3lst on the Atlantic aud Great Western
Road:
si21 056 1856 si25,12 Dec sl@
For the mouth OF May:
Total earnings from April TO May 81:
1861. ...... s9o2,S9s 1896 sOit'oi0 Inc. . s'SSSs
The Chicago Republic of the sth says :
The splendid weather OF the past few days has con.
deHee All PARTIES feel encouraged The dread that pre-
vailed week since that the corn crop might prove
failure 10 have been dssipated by the glorious
sunshine which Providence has favored us with and We
hear OF nothing but the prospect OF good crops OF
wheat oats, rye. and barley All this while Il does
not stimulate trade to any great extent eneourages
capitalists and =. merchants and inspires them them
will be more active and healthier than at pres
sent In financial circles today business was Nos
The supply OF currency ample 70 meet the demand Tor
discounts by rstcass borrowers but for all others the
market close and stringent The bank rate OF dlsconns
steady at 10 per cent per annu but second ana third
discounted on the street at rates equal 10
IIq2 per cent per month. The market for Eastern
change today shade easier IN the forenoon. with
but in the afternoon there a feeling in the
market, and sales were made at .oc premium Counter %
rates steady at par buying and lilo premium selling
The Cincinnati Commercial Of June says
There was less activity in the money market today
than for time past though Its general features are
outside rstclass mercantile paper in
taken by BANKERS at per cent Although as heretofore
stated II is expected that there viii be considerable
OF currency To the country for the purchase OK
wool yet 1t reasonable to calculate that the effect OF IL
will be but slight or at least only temporary since tne
funds thus dsbursed very return 70 the ces
In the ordinary course OF business.
At the recent session of the United States Circuit
Court held ut Des Moines, important was de-
cided which involves $4,000. and is quite in
4 -. thA
old Mississippi and Missouri Railroad. The points
in the case are these: In order TO induce the stock
holders of the Mississippi and Missouri Railroad to
consent the sale of that road to the Chicago and
Rock Island Railroad, they promised that .
fund sufficient TO pay them sixteen per cent on the
value of their stock would be set apart for that pur
pose The holders of bonds issued TO the City of Dav
enport and County of Scott however. thought that
they could not see it exactly in that light, and
more especially since the bonds had been glaran-
teed by the Mississippi and Missouri Railroad Com
pany Suit was brought and the case tried. Judge
Grant and the Hon. j. n Rogers appeared for tho
bondholders, and Messrs. Cook & Drnry forthe Rail
road Company. The Court decided that the bond
holders were entitled to the money set apart to pay
the stockholders. An appeal will be taken.
A Philadelphia correspondent says:
As executor OF an estate hold over $4,000 OF the
Western Paeinc Railroad bonds coupons payable iss
inst In gold secured by mortgage on the nrst r ov
miles their road running east from San Jose car
interest has hitherto been paid in Newfors py one ~
the trustees in the mortgage, George " MI M 20 TToy
youI cty The other trustee is John A. Gfswou Vl
who has been written to- as well as Mr. Davis out we
have no response Not a word has appeared IN your
York papers respecting the payment OF he COUPONS.
Can 1t be possible that the road has gone uhaei u
right ~,
At the annual meeting of the stockholders OF ths
Hudson River Railroad Company, held at the oincs
of the Company in the City of New-Yor on Monday.
juno 10. 1867. the following named gentlemen were
elected Directors for tho ensuing year: O. Vander-
bilt, w. H. Vanderbilt, Horace F. Clark, Augustus
Schell, John NJ Tobin, ID. Thos Vail, ). H. BANKERS
Oliver Charlick VIM. A. Kissam JOS. Harker, M h'
Srndford, Walter s. Gurnee, Saml. Barton 4 no
Board is the same last year, with the exception Oh
Measrs Gurnes and Barlow. elected in place of Smith