New-York tribune., 1868-05-30
AND the fnllowinr Cor Railroad bonds

ia nd &
Erie ia th Ind. IssO 9i4 Galena Chic I'd Mt. o5
ETls E1 n SSn t s6 Chi r. l. Pacific Iss. @
1ud RS cd NJ ST. s5 IO8 Morris Essex, LIST NJ. %
uud r. "a Sd NJ isib 9S Morris & Essex, I'd M. SO
Harlem lst Mort # 1SS % ScE jersey C Cent? s M Oo
Mich q new M s. s2 iI2t N j. Central I'd NJ: 102
Mich s. I'D Mort Pitts F. ChicIst chic st lSs Ss,
snI Soi' 'i5 Ed G. 100 pitts W. ChicSdM %
Fac m caS % ac Gy sO SO 1s Cev Pitts NJ cOnv 81
hi;on a + H lat M 05tl Clev * Pitts 4th NJ. 70
AIton A. r. r. 2d M pref. 81 Chic& Alt Sg Ed lat 1O3
Alton ct II. I'd NJ Inc sOt ChiC.& Alton Sig FdIn. 9s
Chic g N " q Fund. S7 AT & CT west'n lst NJ. SO
Chic N ". Int Bonds 9oa A. Gt; Westn "a MI Ses
Consoid o. o. Ex nd S8i Mil & ST. Paul LIST Mtge. 9ls
Consod pe lat - "a Marietta 4 Gin. 1st M. 93
Han a. ST. fJo ia cts IOl Chic and nil, 1st M. 81
Han A. A. 10 Cony 100 Joliet & Chic. 1st M -. 100
Lack A. West,n Ronds 0s lChic Il Ct East'n M. 85
Del Lack & W. list Mtg. T N. York N Haven os'- %
Tol Wab. lst M. %
Money on call is 395 per cent and is offered for 90
days at per cent. Commercial paper of short date
and prime quality is scarce and passes at low rates
Long bills are not in favor. The payment OF the
July interest on the National debt will set free
large amount of capital now dormant Unlike the
earnings of banks railroads, and other enterprises,
the earnings of the National debt not loaned and
used in commercial channels, but are boarded from
one dividend day to another, the Treasury carrying
in this way more than one hundred millions on the
average Of gold and currency, which is lost for COM
mercial purposes Up to the present time the United
States has been manufacturing bonds which in
GOOD degree absorbed at each recurring dlvl-
dend tho income Of the National debt.
This state of things draws to a close, and who
ever wishes to invest in United States stocks must
do so from steadily decreasing amount OF those So
curities The 1905 will soon be funded and put as
completely out of the way as the other short debt
payable in currency, has been. The revenue OF the
Government is now more than sufficient to pay
the interest of the debt, and ordinary ex-
penses, and without using the now idle balance
of Sl00OOOO0O the Department can steadily
reduce the debt by purchases in open mar
ket. There is no good reason why the Government
should not at an early day reduce its balance to
SEQ 10000. and use the surplus in buying up Its
bonds The present plan Of keeping excessive
balance is wastefu and unwise, and before Congress
adourns it should instruct the Secretary to reduce it.
Sterling Exchange il dull and weaker. We quote
London, 90 days. 1lOi011O!; London, sight 1lOi0
llO. London commercial, 1O9l9l10; Paris, long,
5l3ia5l2i; Paris, short, 5.llt05.l0; Antwerp 5lS'
Swiss, 5i3.: Hamburg S6!996!; Amsterdam. 4l!043;
Frankfort. 4ll9Ii; Bremen. 793GS0 Berlin 7llf072.
Freights.-To Liverpool, $1,000 bush. Grain. ship
pers option Wheat or Corn at Gid, by steamer.
To London so tuns Oil Cake at lis. Cd. An Italian
bark to Cardiff with 5000 quarters Grain, at 5s 3D.
The transactions at the Office of the Assistant Treas
surer were Receipts for Customs $23 600; for Gold
Notes s2sOOO; total Receipts 1895. .sS3 on; total
Payments, $Ss7. 7.s4 %; Balance, SOL i57i0SO II.
The weekly exhibit Of the Bank Of France made
public, and transmitted by Atlantic telegraph, to-
day. shows that the amount of bullion in vault has
increased 2050000O francs since last week.
A meeting of the stockholders Of the Illinois Cen
trail Railway was held at Chicago on Wednesday.
Over iwo-thirds of the capital was represented.
- FT~,n,,
d. Osbe!s, and George Bliss elected directors.
The contract with the Dubuque and Sioux City Com
pany was confirmed The stockholders also gave the
directors authority to make per cent distribution
Of shares, in accordance with plan submitted to
them by the directors. The distribution will prob
ably be made August next, at the same time with
usual cash dividend.
The Lebanon Springs Railroad, connecting the
Harlem with the bennington and Rutland Railroad,
in the month of August. This road Will form q
through connection from New-York and Montreal,
without change of OF the 81 miles 80 miles are
graded, and the track is now laying
The City of Portland voted on Wednesday to take
$4,000 stock In the Portland and Ogdensburg Road.
Tho vote UNEXPECTEDLY large, and the result as
follows Whole number 29SS yeas, 2432; nays, $50;
Of votes over twO-thirds no. general meet
ing called by the Mayor and Aldermen, IS to take
place soon, 20 obtain the consent of the city 10 re-
move certain restrictions and advance the Portland
and Rochester 10000 on account OF the $4,000 con-
dtlOnally granted last year. tlnS enabling the ROAD
TO be completed at once TO Alfred.
The earnings of the Erie Railway for April show
an increase of 10000 over the previous year.
Tho annual meeting Of the Boston, Concord and
Montreal Railroad Companies was held In Plymouth,
n. H., on Monday. The earnings for the year ending
March 81 were, for passengers $lI3G1 81; freight,
tg00l6 VI mails. $7,1l4 90 express, Sll2 % mis-.
ccaneOus, $9Sl 2l-making AN aggregate OF
$i56,64 "A. Tho expenses for the same time were
For maintenance of way. $l3l 2g6 IS motive power.
$7l,9Ol 10 working road. $936l6 AZ management,
slO.lG5 % miscellaneous, $2S6Sj 5l-makiDg an ag-
qegato of $33j.72 3d. Leaving net balance of
sl509is 80.
The gross earnings Of the Chicago. Burlington and
Quincy for the month of April. were $1,000 in
cess OF last year The Chicago Alton and st. Louis
Railroad earned 500 on more for the same month than
the previous year.
The Cincinnati Inquirer of Wednesday says
An Increased demand for money was experienced by
balances was reported The market is working close and
all hrst class borrowers ind difficulty in negotiating
different branches OF trado well represented In tho
list Of applicants for fayors.
The Dubuque Herald says the Iowa Falls and Sioux
City Railroad Company has failed TO accept the land
grant upon the terms and conditions imposed by the
General Assembly and therefore the road will not be
extended through TO the Missouri, as was expected.
The st Louis Dispatch says:
eve learn that the purchase of all the iron necessary
10 complete the North Missouri Railroad TO Kansas city
ana the DWa state line has Deen made. Ihe road VIII
be 1nishsi 10 both points by the middle OF October.
portion the iron Is Of English manufacture. and is
at New0reans. The other portion OF II In at Bradys
Dend Tho whole quanttyswill arrive at early day"
The New York imports of foreign dry goods com
pare as folows:
ENTERED FOR CONSUMPTION
Manu- Of Pigs Value. Manu- oJ Pigs Value.
Wool ...... 637 sl67 7,9l9 Mscenaneou 25l s69677
Cotton. ......... AIS 143,596l -
Silk ......... 800 227s62 Total .2l24 sal, 1855
Flax. 66l 1881
WITHDRAWALS.
Manu-
Wool ........ S7s t36Oi6 Miscellaneous 226o $4,000
Cotton Hl 36S5ol -