The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-11-30

The Receiver Of the Erie Railroad Company has
applied TO the court for an order to pay the &C.
crued interest on the fifth mortgages Monday
next. This done, the road win have no back in
terest on its mortgage bonds. The company Is
now paying all the back coupons on tho fourth
mortgages. t.s.tl
The Buffalo Courier says e.t 7.
We learn that day last week important contract
signed between The New York and Erie Railroad and
has the use q the latter road IRON here to Cornins
from the LIST Of December for year. The Now York
and Eric Is TO run all its passenger and, we presume
this city instead OF into Dunkirk. Tho passenger
trains will TO make exactly the time
the New York Central that rome lively competition
may be expected st...f..r. e. ... 2" ~
The Chicago Tribune Of Monday thus notices the
exchange market Of that city, erss
The scarcity OF Eastern exchange continues and the
market is firm at Il per cent premium As the bankers,
however were paying Per cent freely themselves, for
their depostors Outsiders bad to 80 the street. and
In some instances pay Il per cent. Gold is firm at
per cent premium, buying, and Il per cent selling.
The Chicago Tribune Of Wednesday thus no.
tees money and exchange matters in that city,
The heavy banks continue TO sell exchange at x per
rather ooser while others bold directly the opposite
opinion 1t Is thought oven by those who report closer
that the pork trade, by the large demand will create
rate IL fraction should DO added 70 the figure
ruling Most Of them adhere raly tho present rate
The brokers are charging per cent and some Of them
X per cent. For the season, bankers report liberal
amount making and large supply on hand The feet 10,
the West has purchased sparingy and exported largely
for many months past and hence exchange has ruled NJ
lower figures and Cor much longer period than ever be-
fore in the history OF the city Thercis comparatively
little doing paper outside the banks Tho rates
nominal at 10 is per cent per aDnu for 6rst quality TO
fair and higher according to risk, 10 There Is not
much demand for gold We quote tho range at per
cent the lower figure the larger banks 10 customers
The Milwaukee Sentinel Of Saturday says BIZ
The feyersh demand for specie and exchange which
Bankers Association has in great measure subsidized,
and the banks also in better condition to meet the
legitimate wants Of their customers from the maturing
Of produce bills discounted thirty and sixty days SINCE
We however still quote exchange firm at per cent pre-
mium and sales at that figure are limited to mercantile
customers The ncessant drain OF specie has also dimn-
ished 70 considerable extent and some Of the banks
terday took oyer the counters fully much they paid
out buying at IN and selling at per cent premium
The Chicago Tribune has the following:-Not
withstanding the belligerent tone of the Canadian
press there are orders in this city from Canada fol
1910 per cent Treasury notes. To-day Solomon
Sturges Il Son sold several thousand dollars worth
at par to Canadians.
The Albany Argus Of Monday furnishes the fol
lowing canal items:
A, BuTao on Saturday eeysn boats were cleared FOL
tide water and considerable edn Cor the way stations
A. lncSrott roF the wgn,y Joar hou,s ending m'dngh
f. - F ~