The New York herald., 1876-01-22
UNITED STATES TREASURY.


which S3l, 400 900 coin certificates
GOVERNMENT BoSDs
Governments were arm moderate business with
a limited supply. The closing quotations were as fol-
lows:-Uniied States currency skies, l23s I243s;
do do 1851. registered 1905 a l2l1; do, do, do,
coupon, l2l = 1915 do hvetwenties 1864 registered,
called, ll4t do. do, do coupon do, 1144; do do,
1865 registered, ll6I 1l71S; do do, do, coupon,
III 1l71 do, do, 1865, new registered, l1SN
1lss< do do, do, do, coupon llsx lls1; do do,
1867 registered, 120S III y do do do coupon 1909
l2li do do, lses registered, l9l l22; do do,
do, coupon, 1914 l22S; do en-forties registered,
nsk nsss do. do, coupon, 1l9 1l94; do nves,
1881, registered llo1s lless do. do coupon, 1l7x
lis
DRY GOODS IMPORTS.
The imports OF dry goods at the port OF New York
for the week ending to-day were So o56 275 and the
amount marketed 81, los, 706 The total imports Of
dry goods at the port January $6Ol5,S6
and the total amount marketed s5.s74e2l.
STATE AND RAILWAY
The dealings in State bonds unimportant. Threo-
slxtynve District Of Columbia to 81, reactng to
CO.. when it became known that the Appropriation
Committee had decided adversely to an appropriation
for the February interest but It is understood that
sufficient funds hand in the District Treasury to
meet the interest and that it will be appropriated to
that purpose. Railways were strong, Northwestern
consolidated gold selling at $50 ss; Hannibal and
81. Joseph eghts at s3% Chicago Milwaukee and ST
Paul sinking funds at s2H Albany and Susquehanna
rsts at 1l4, Rock Island at 1O9 Central Pac1cs at
105 Union Pacific rsts at 103 and land grants 10l n
Ohio and Mississippi consolidated at 90 and seconds at
n. The following the closing quotations for Pa
cinc Railroad bonds:-Unon Pacific hrsts, 1o3 1885,
do. do land grants, 1919 lolA; do do. sinking
funds s43S 94h; Central Pacincs los 1861.
BANK SHARES
Bank shares sold at 115k for American Exchange,
11sx for Commerce 100 for North America, 1297S for
Park and 95 for Phenix The latest bids were:-
America 15o American Exchange, 114H; Butchers and
Drovers', 1875; Central National, 99h; Chatham 1885,
City, 3o0 Commerce, 1lS7 Corn Exchange 1876; First
National, 2oo Fourth National e3; Fulton, 150 Ger
man-American, 79H; Manhattan, 1907 Mechanics, 140;
Merchants l1s1&; Nassau, 1o3; New York l29; Ninth
National, 10; North America, 100; Park, 100; ST.
Nicholas, 10lK
THE FOREIGN MARKET
London advces report consols steady and United
States bonds firm. 1s67's were u a per cent higher
and -40's q per cent lower. The Bank OF England
lost f5 900 bullion withdrawn balance The follow
ing are quarter to two p H. quotations:-Consols
money 93 1916; do account, 93 1915; '65 bonds old
lO57s 1885 '67 bonds 1885,; 1910 bonds, 1863
aves, 1915. lO4Sl; Eric 141< aI49s.
MEMORANDA.
Senator Rogers has introduced, in the New York
Senate DILL to protect the rights of stockholders in
railroads forecosod and in the hands Of bondholders.
Tho United States District Court St Louis the
2Oth refused toconsder Bowman's bill for separate
receiver for the Missouri Pacific Railroad
A telegram from San Francisco states that at the
annual meeting of the stockholders OF the Consolidated
Virginia Mining Company the following gentlemen
elected as dircctors:-solomon Heydenfeldt Ed
W
Mackay. All the capital stock, excepting 900 shares
was represented A report that made showed that
the total receipts of the company for the year 1875 had
been ST. 060 $50, of which $12 2 900 had been paid
out for dividends. The in sight is very large and
sufficient to produce 1000 per day for many
years.
The following extracts from a recent correspondence
between Mr. JOY President OF the Michigan Central
Railroad and the Chicago Board Trade Committee
Railway Determinations shows that the freight ques
ton is not well settled it is here represented to
be- Mr. Joy, afler complaining that the committee
taking testimony to prove that his statements relative
to the comparative charges for freight by the road
and west of Chicago incorrect and citing sup
port OF his assertion figures from the annual report Of
different roads, continues follows:-
Ny statement therefore, that roads from the West
leading and bringing business TO Chicago, charg
ing twice what the roads east OF Chicago were charging
Michigan Southern the rates have been and about
the same the Michigan Central On the Detroit
and Milwaukee road the average rates have been less
than by any other roads. On that road the through
business has been done at 76 mills per ton per mile.
This probably accounts for the condition of that COM
pany There is section OF the world great routes
it may safely be said, where business Is done
cheaply at so low rates as between Chicago
and New York and Boston There has road
done business cheaper or cheap the West which
is not bankrupt These facts speak plainly and strongly.
The roads east of Chicago not getting rates upon
whi can mi NY hat cut
under their rates dies bankrupt And yet Chicago is
attacking them for discriminating against it, as it
alleges The spectacle of the roads reduced almost TO
bankruptcy by the low rates at which they CON-
PEELED to do business and dong 1t at hall the rates at
which Western roads bring II TO Chicago, aud then
assaed savagey because they do not do IL cheaper
certainly most striking exhibition of the unreason
ableness oil popular camor ana of the newspaper as
saults upon railway management and property.
To which Mr.. Baker, Secretary OF the committee re-
plies
Mr.. J. F. JOY. President Michigan Central Railroad,
Detroit
DEAR sR-Your favor of the 18th inst is at hand and
noted You seem to msapprehend the work and object
OF our committee To begin with, have not taken
any testimony with view to proving anything you
said was mot true We seeking facts wherever we
can nd them with the hope Of reporting some remedy
for the present determinations against the city. We
distinctly stated to you that we made complaints Of
from here Eastward being too high, only that
have to pay more than the country on either side Of
US aud to-day your road IS offering to shippers from
Milwaukee rates that pay the through line but Al
per hundred from here 20 New York while you
clam would bankrupt the road to carry 1t from hore
for a Chicago shipper at less than IS cents per
100. This is but one OF the many instances Of dis
elimination that have come to the knowledge of this
committee and which shows that II f'popular
cIamor" exists here there is some reason for IL. We
consider that your interests Identical with
and that you should cooperate with US in finding a
remedy for evils the existence OF which you admit
and which damaging to your road 10 the bust
ness OF Chicago. Yours truly,
WILLIAM T. BAKER,
Secretary Board Of Trade Committee on Transporta-
ton