New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-12-07
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The Mluapkrc Sentinel states chat tie BANKS OF
Milwaukee have paid ont within the last tiX moal q
TWO million dollars for wheat, nearly all Of whici
is doubtless now in the hands of the people. IL,
regard to tie money market The Seat.ne' says:
features yesterday. EIchsr-e shade eaicr sos
declined a. cen the brokers seBg the l4ttef freely at
premium The banks all sold exchange TO cg'one.
The Bank Controllers Official notification OF The appoint
ment Of edceng agents In compliance With the new bank
ing has not yet Oesb received by the bankers OF this c
but OF them reyerths'sss Jtsediy son uncrd the
readiness to redeem the uo1 81 such banks had mad
Lhem cir agents 10 com, - Of cent or IN efeanso
NewYoik at r. discount There were bat few sppll-
cations for redemption these only ats
Currency is comparatively scare end vii probably continue
for dime Il will evidently be the policy OF th-
banks hereafter to avoid any expansion Of ce alion
he actual wants Of bn'iaess
The Chicago, Alton and st. Louis Railroad Com
pany, under the management Of Mr. James R0bb,
has become one of the most important and popular
thoroughfares of the West. Within the past eighteen
months nearly half million of dollars have been ex
pended in permanent renewals. Every important
bridge has been rebuilt Including two long bridges
over the Kankakee and Sangamon Riyers), ia new
locomotives have been added to the equipment Of the
road and the earnings Of the current year will reach
nearly 81, 100000.
The Cincinnati Gazette thus notices money and
exchange matters in that city:
The Money rrket continues easy There las been
increased eEpoyuenr for currency, consequent upon Pok
opersiions and Is has for the lime been with
drawn from Ilri street; but the surplus from late acoumula
tons, Gnd the daily receipts furnish supply fully equal to
the demsud.
Exchange Increased IN supply the letter coming mainly
from PORK trade There has not been corresponding iu
proyemeu IN the deusnd, aud Eastern distances
queutly In the m SCALE aiding dull and heavy market
bat thus eI rates nave beer sustained at buying snd
d,ys buying NewYork exchange and an intelligent
dealer in that city Wi that the NorthWe,t will have To
rely large eIeut upon the market for supfes during the
Winter Some OF bsnkers OF the opinion Eeyerths-
less, that decline Of /! Il likely to occur.
The Chicago TriJuae remarks:
The Money market working smoothly and very Hide
ration noticeable dag day. All legitimate business
paper readily tskon by te banks and hence few street ope
ons nade. Money fail plenty ought TO be,
and generally buness % all kinds prosperous The chaD ge
the few weeks Immediately succeeding the death Of
stump tail" when had no money ard what our business
public experience. il truly wonderful and that 1t could
have occurred In short time is II possible still more won
defll.
s, report tht they making more tban 'hcy sell The
branches and the Bank oMontrea have sold 70 day TO
customer. Al l. S.ur.es & Sons j. Y. Sc1mmon and the
brokers' charge and few charge mail bills The range
the prk trade viii relieve the market 10 week or TWO SUI
exchange very different thing nom what II Is at
10 & cont prem. -
Cold rot wanted 10 sny considerable extent The heavy
banks charge premium the brokers al y cent Tor sInA
lots. Tie buying price IL almost premium