New-York tribune., 1868-05-08

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Money is freely offered at per cent, and stock
houses make up their accounts with great ease
Currency continues to flow toward this city, and the
usual superabundance of capital on call during the
Summer cannot fail to be shown. In commercial
paper no change Best names are 6iG7i. while long
dated-not frstclass but of flair characteristics as
high as 12 per cent.
SURVEYS have been made for the work on the liud-
son River for its third track The heavy rock cuttings
nj Fort Washington and other points are to be
widened without any impedment to the daily running
of trains. The traffic is increasing in all depart
ments and the immense freight depot at 81. Johns
Park will hardly equal the demands upon IT, Wlth
steam line for passengers from the Battery to Spuy
ten Duyvel the traffic upon this route from Pough-
keepsie to New-York would be second TO no road in
the Union 1t would be city line for the entire dis
tance. with hourly trains To this complexion IT IL
rapidly tending.
The Open Board of Brokers has agreed, l5S 10 2, to
co6perate with the New-YOrk Stock Exchange IN es-
tablishing a Stock Exchange Cleanng-llouse under
the charter of the Bankers and Brokers Association
granted last year by the New-York Legislature The
capital of the Association has been raised TO F0o
900 in order TO accommodate subscribers 10 the capi-
tal from the Open Board as well as 10 afford the
most abundant facilities for clearing or settling
daily the stock contracts between the Brokers oI
both Boards. The Clearingllouse will be III opera
ton in few weeks and cannot fail of success III All
| WAYS The business given 10 its banking department.
| by the Brokers will make il Of the most promi-
nent financial institutions Of the city, and secure Tor
| il the transfer agency Of large proportion of the
stocks actively dealt in.
Sterling Exchange is steady. London, GO days
nOla11O.; sight, 1lOla1Ol; Paris, long, 5.i2l;
short. 80; Antwerp, 51ja512l; sSwiss, 5.l50
512l; Hamburg. 96.a36l; Amsterdam, At0h!i
Frankfort 4la4li Bremen. 40. .as0; Berlin. llaI2
The transactions at the Office Of the Assistant
Treasurer were Receipts for customs $4,000; re-
ceipts for gold notes sl93 0OO total receipts $2l0l
O75 "A total payments, 2lC43lO5 49, balance, f99,
| 5jS5S4 46.
|
a. we learn by Atlantic Telegraph to-day-stl con-
tinues. According to the weekly exhibit, published
to-day, over the signatures Of the officers Of the
| Bank the amount of bullion in vault this week is
nearly 23O,OOOOOO pounds sterling less than last
| week.
Mr. Henry W. DOmett Of the firm of DOmett N
| Nichols has been elected member of the New-York
| Stock Exchange.
The earnings of the Western Union Railroad for
the fourth week in April were:
1863 si7A5l 1s 1867. +9,6ss 72 Inc.... s3sl7 40
The earnings of the Michigan Central for April
were:
1867 S3s2 7s3 1863 til575s 9I5
A movement is on foot and already concured in
by a considerable portion of the stockholders, to
have receiver appointed for the Chicago & Rock
Island Railroad Company.
The philadelphia Ledger says:
An arrangement Of much Importance to the coal iron,
aud lumber interests Of this state has peen
River and its branches, embracing the wyoming Canal
le Te @ 1u and TdeWaer Canals These
eral companies together owning the whoe Sstem OF
neciIng il with tdewater have entered into contract
Which lakes effect Immediately: BY this contract they
pHa eS s Sd tbrOngS Hnase 70 pfosO through
tolls and to enlarge all OF their canals ey ns G GsRng OF
es interested that the above ARRANGEMENT WIN enoct
reduction OF onehs the vas. nd po When ~
eks TIDE water by these lines and Will at once create an
ortiet Tor the bitumnOus coal OF Pennsyyapia whoh
viii enable il to command the New-fork ana Eastern
aeis Thereby vastly extending the business ana tun'
mage OF the Susquehanna faiiey.
7 Tgs Charleston Mercury has the following specusa-
| ions upon the Cotton trade; ~ h.. -
wa bave arrived at a very interesting crisis In the his
or ~ fe cetton trade There are three prlncQa epocns
I In 'ibe history OF that trade f.. . ",
be neriod OF the destruction Of the slave trade and
- 10y ~ in the British West India Islands
"a 1lnse Inventions in Europe and the Onlled STATES
~ gTeafly extended the cultivation OF cottO namely
,nhne ~ Waff Hargeayes, CartwHgbt ~co III Epghhd
and M whitney IN the United STATES A. "a,
az" ~, recenf civil in the United STATES, ny whch
I,Sor ISs been dsorganized aud capital DESTROYED he
M ne rst and last OF these epOchs there Us remark
f bring both attended by the breaking UP
p % Ianst,,l and social system OF me brllsh Islands
| i'm The West India AfchpelaBo' anu ' "
| tho American Continent 80 -, ,tis rnto,vard avant
h hon the great dninutOn Of the cotton crop OF the
ted States and the extension OF us culture from me
its money value in other parts OF the world AL
oth result OF this great change has Dee an lnnrehse IN
| be cosfs NJ walton. The maintenance OF lne negro
coat nsnaiy about $50 per annum before emancipauon
IIis Ssags oo are rated at 90 alnuapy, hu Win Olhhr
incident To his support render cost OF laDof az
least ddmhIe wbatit wis before emancipation 10
innsf he added lie interest OF borrowed capal Mhch
nrgt he sunpIipd front The destruction OF ANIMALS rene
ing fmpleIents OF agriculture, &c The consequence OF
an nciease IN tlese items Of expense mas Dtcn 10 aug