New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-11-08

L Iss,.s S's. g. g, I Rrt =. sssS
:o..i............31ssz.9 s76i.u6 De-. ELLIS
Tsre Is slight falling of this week on the Reaiins
Railroad, but the other lines chow handsome W.
crease The net decrease for the season IS i5l,.io
.uns The ScLnyknl Canal has eI"reeded it, last
years business BY 1893 tuns: the Lehigh Valley
Railroad, 3, 5j tuns and re Lehgh Canal ha. re-
duced it. deficit to .l.%'J tuns, which may be wholly
overcome before tie season closes. The Reading
Railroads season will close the LIST of December,
and VIII probably show falling off Of ebou, 10000
tuns. The falling of in tnnnage of the Reading last
week was occasored by an advance Of freghts a.
Richmond.
The Cincinnati Gazette cav. that the Pittsburgh,
Fort Wayne and Chicago Railroad Company Will have
it, road completed by the 10Th inst and on that day
trains vii connen'e tanning through without change
Of cars from Pittsbpfgh 10 Chicago. The completion
Of this road will open and short route between
this city and Chicago via Lima, and it is understood
that the Cincinnati, Hamilton and Dayton Company
will put On train to BE- run through to Chicago tn
ont Change.
The Nessrs. Curtis Of Peoria have Published
statement that the entire circulation OF the Cherokee
Insurance and Banking Company is less than $50 QUO
ard that il will be received by them at par 10 payment
of certain described indebtedness them, secured by
real estate in part but mostly by railroad mortgages
and that they owe their depostors less than sl9OIo
which will be pad in full.
The Cincinnati, Commercial Of the 4h inst. learns,
from reliable source that the visit of the Newfors
associates who completed the Eastern Division of the
Ohio and Mississippi, to the Western or Illinois Divis-
sion, will result in an agreement on the part of TIE
prcpre arr interest in the latter to furnish the means
necessary to an immediate improvement in roadway
and stations the end that the high reputation of the
movement Of the whole route for regularity of move
nent and certainty Of connections may suer no check
! during the Winter months. II is now quite probable
that 10 serous opposition will be made by any Of the
parties in interest to capitalization Of all the invest
I merts in the Eastern Division.
Mr. Carney, President Of the Bank OF Mutual Re-
dempson. has called convention Of the Banks in
New. England favorable to the redemption system,
| TO be holden in Boston on the 10Th inst
The Boston Post says:
"At an adjourned meeting this morning, the
'twenty.three Boston BANKS Instructed the Commit
tee previously appointed 10 confer directly with the
President and Directors Of the Suffolk, with the view
Of ascertairng whether the Suffolk will not contenc
to redeem country money as heretofore, If nnde, other
conditions. II il understood that the Suffolk Is ready
to receive propositions but that il preferred to receive
regular percentage for doing the business, rather
than o retain the permanent deposits u the banks iu
terested. The Suffolk having relinquished the post
of leader in the Suffolk SYSTEM SO called as it had a
perfect right to do regards the redemption trade
as a matter If direct profit aud loss
In relation to American Securities, the circular of
Mr.. Satterthwaite says
Since last of day week the Stock maie. has
msued du cie cheek improve being the action
the part Of the bank Of England that establishment still de-
cinue discount under y cent although in Lombard
the than S12 e cent, and In the stock FIX
tng q
| lGlt I, cent.
IL American Securities there has been rather doing than
Of late. Tie United staesne = ccut Bonds trsely ot
ing at 95.
Newiok Central Shares remain steady 7ta76 There is
steady der and for ell classes OF this Compsnys B0uds
Erie shares ia. Is sellers, but Third Mortgage Bonds
have proved T. cent during the closing 10 The
price Of unse secured Bonds is purely nominal
Michigan Central 1882 Bonds have been offered by par
ties who took them when that loan issued last Autumn
durns the panic 10 and there being at the
buyers the quotation has way At the close however
they rather fruer.
r. Illinois Shares few transactions have taken plsce they
inactive 2id y discount The dividend has dealt in
80 50 for each scrip. Construction Bonds have been
fla. 80, but closing strong buyers q. thst Price