New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-12-27

fore been accomplished. This hnk gives the Anchean
Southern Read s fair proportion ofthe
Chicago and Detroit and slso Of the Eastern ou'mes
which takes the Canada and Suspension bn'ge route
and from which has been heretofore enhrey cut on
will also give Cleveland railroad connection, oy the
Cleveland and Toledo road with Detroit aer the clos
ing Of navigation, and accommodate IN Summer the
messengers between Detroit and cleveland VINO
r;.h 90 avoid the lakes. 1t also gives st. Louis
, abort route TO Detroit by the Wabash Valley road
T, !. a u,rh needed link in the chain Of Western
roads.
The ,oss Of the ship Adriaic, belonging to zcrega
g. Co, falls heavily upon the underwT'ers' ana Is
dsccuraeipg commencement Of the Winter. The ship
il new. and this is her first return passage.
THE money market among the stock houses is de-
c;ddlv easier on call, although the Banks generally
are not free lenders Pepper gees at al0 cent for
Sst cass. which is scarce, but inferior grades are
plepty. The demand for gold by Southern banks has
decreased and as the foreign drain qute sna there
il an impression that We shall be able to hold ON to
most Of the next California arrival. There is for
eign steamer until Wednesday from Boston, which will
not probably take gold, ex eptiDg Belmonts remit.
tancee.
The receipts of the Northern Illinois and Wisconsin
Railroads will be comparatively light in the present
H..
fallen there and blocked up the tracks, as to render
them absolutely impossible. The Chicago Press Of
the 22d announces the arrival OF the first mail from
Galena over the Gslena and Chicago Road which had
been received in week. A letter from Chicago states
that the Illinois Central and Rock Island Roads had
been much embarrassed, and that the Fond du Lac
Road had not passed train their line in ten days.
On the Milwaukee and Mississippi Road few psssen-
ger trains had been running slowly, but no freight
trains. On the whole, it has been very bad month
for railroads in that section of the country and this fact
has Of course had its influence upon the connecting
roads this side.
7Aompsen's Reporter of this week has the follow
ing remarks:
The Exchange Bank Of Bangor, Me-, is thrown out
nv the Suffolk Bank. Whether it has failed or
whether it goes and redeems we are not yet able 70
say. =, ~. ..,,
and from the known wealth and responsibility of the
parties interested in it, have confidence In Its con-
Timing to do go. go
The Bank of East Tennessee is not bought in any of
the Northern cities. The last accounts are indicative
of failure.
The drafts of the Gramercy Bank, Ind. have gone
to protest. Whether this dscredit will lead to its fall
use, remains to be seen.
The Savings Bank of Indiana, Connerville had the
folly to issue circulating notes without being registered
or secured thus violating the spirit at least OF the free
banking law OF that StAt6. ub nts chuocu TIC uo-
credit of all the issues of that Bank. go
There are evident signR of trouble with some OF the
Illinois banks The difficulty appears to arise fro the
fact that small change is dOed out when redemption is
demanded. Holders Of their notes are required 70 pre-
sent each bill separately and as all demands not ex-
ceedipg Is can be met with silver coin, the banks le-
eally discharge their obligations In this way:
The more Independent banks denounce this practice,
and msst in selfdeense, denounce and refuse all cur
rency not promptly and cheerfuly redeemed in gold
When bank treats its creditors .lberaly annoy
nely, it is cafe to refuse its promises to pay
The new year QS57) bids fair TO commence with
markets, all over the country. We hope our friends
will excuse in not enargiDg this subject, for fear
we sha be charged, as formerly with "panlc-maklng.
The foreign letters received by the banking
houses, per the Canada, express great confidence
in a return to an easy Money market, and that
all danger of financial crisis on the con-
tinent has passed away. The advices in regard
10 Breadstuffs have had an unfavorable influence
on the market here. Flour is lower and dull. Wheat
is held firmly, but the transactions are limited Hold
err of Cotton are asking higher prices, which checks
business. Pork and Beef are firm and in fair demand.
Groceres are dull and rather heavy, with the excep-
ton of Coffee, which is held more firmly.
In relation to American stocks, the circular of Mr..
Satterhwaite, received by the Canada, says:
Since our advces of oath ult have had
the steady ep in monetary with 9ss %.s
We have to note gradual rise In French reDtes aud railroad
securities and confidence In the future on the
Paris Bourse lower Interest in the various Continental
than rate and REDUCTION OF "a per iapes IN
the India Company rate Of Exchange the Bank OF
Eneand has under these circumstances reduced the rae oil
discount cent bills hsyins % Day. to Ipn and on
s.oek Till the Of the dividends Consos have been
sm during the week reached s for closing at
ei695 money and 95t ass for accounts Conso vi" %
ouoed ex. diyidend to morrow, the ith inst.
The mari English railroad securities has been buoyan
anticipation Of favorable results for the nall year aoou' emu
ing snd of an easier Money market
There has been quick demand Tor rAoso
at slight advance, and note considerable Transactions
Illinois Bonds Erie 1883 1862 and 1871 b nds ana
in Michigan Central and NewYork Central Bonds few ots
Of uinos shares have changed hands Q4 coling free
sellers a the latter figure. - $1,000
IT g &. 1889 Io5 dlO6 lGd Trunk, Can 78d80 int.
IT g. Coun 1853 los dIO6 lGt Westn, Can, 76 1l7dl22
Cspadas IS sterling .llSdll4 ~ WeG CM 20 az
sEcURITiEs iminos Senua' 1919 s,2 co co -
sylvsna ST.. ~ 90 inois Cen.IL' ,os o. az
Coup, ~ as a u inoie Sen.f~, iooo I ,,o
Virginia 1885, 81 % inois "a as - "a
yirsnia 1873, ster "a " 10 yoet anu ~ 90 90
Oi.sns 3. ,elS a IS Mich Nen'rA 1862. 933 a 3t
=" AN Road BONDS Michigan Southern. IS a N
RelvideTe Del 1877 88 int Mich South, 80 81
| c. Ham Dayt. 80 = a 80 IN z Central. $50 ~ W
Erie, 1885, % 90 n T. Zen, Cohvo,o1 80
Erie le7l......... 80 ~ lhio rehnA ioa<. o.
Erie 1862. 0z "a renhsyvAns ,S9s'. - - a.