The New York herald., 1861-12-07
surplus ''.'''.'''.' .''''. S'o'o
The Cincinnati Gazette of Wednesday thus notices

Due Feb. o., rent feoria val brahch w
Surplus Sao,oos oo
The Cincinnati Gazette of Wednesday thus notices
money and exchange matters in that city,:
The money market continues to work easy There has
been increased employm for currency, consequent
upon pork operations and large amount mas iof the
time, been withdrawn from Third street. but the surplus
from late Accommodations and the daily receipts furnish
supply fully equal the demand. There il some increase
IN the offerings OF paper but baakers are prelarga %
loan great deal more money han Is called lor lhoIe
has been for some time past aud there Is now demand
for good paper in Of the supply Tho stahoafo,
however, by which borrowers measured fuy ss-
ained the amount of idle capital and the desire naturally
existing To lnd profitable employment for II failing 70
lead lenders investments that do not come up TO me
standard Exchange has increased in supply, the latter
coming mainly from the pork trade There mas no. oeen
corresponding Improvement in the demand and Eastern
balances consequently In the rising SCALE Leading 10
d heavy Market but thus far rates have been sus
tanned par buying and Il premium selling. chicago
banker has been IN this market for several days buying
New York exchange and intelligent dealer in that CITY
writes that the Northwest will have to rely to large ex
tent upon the market for supplies during the winter
OF bankers of the opinion, mat
a decline Of "a is likely to occur
The Milwaukee .seatiae, of Tuesday says-
Tho money market did not present any particularly
new features yesterday Exchange shade easier,
and gold declined u per cent--the brokers selling ne
latter freely at Ia per cent premium The banks an so.a
exchange to customers NJ per cent. The Bank comp
rolers official notification Of the appointment OF redeem
ing agents, in compliance with the new banking law has
yet been received by the bankers Of this city but
them nevertheless yesterday announced their
readiness TO redeem the issues Of such banks had
made them their agents coin at u OF per cent,
exchange ON New York at per cent discount There
We're but few applications for redemption and these only
Of insignificant amount. Currency Is comparatively
scarce and will probably continue 50 for some time as
viii evidently be the policy Of the banks hereafter 10
avoid any expansion Of circulation beyond the actual
wants OF business.
The Chicago Tribune OF the same day re-
marks:-
The money market is working smoothly and very little
noticeable
business paper is readily taken by the banks and hence
few street operations are made Money full plenty
ought be, ard generally business Of all kinds is
prosperous The change from the few weeks Immediately
succeeding the death Of stump ail,' when we had no
money, and what our business public now experience. Is
truly wonderful, and that 1t could have occurred IN
short time, II possible still more wonderful Exchange
working closer though of tho larger banks still
report that they making more than they soil. Tho
Indiana branches and the Bank of Montreal have sold to-
day to customers at "a Surges Sons, J. y Scanmon
and the brokers charge u anu few charge x on small
bills Tho range IN tn, buyingpr is % H. II is con-
hdenty expected that the pork trade will relieve the
very ierent thing from what 1T is at 10 per cent
/ premium. Gold s NOT wanted TO any considerable
tent The heavy banks charge Z premium the brokers
4 premium Tf o.
| Annexed are the details Of the earnings OF the
Galena and Chicago Railroad for the fourth week
| in November l..r .l.
Freight. .sl5,sss II ASS o5 Inc. Il, ,lo2 IS
Passengers. rs....... e579 OF s,sI9 04 Inc. 2'o4O o2
Mails, &c. ...... 1865 "a l,l00 90 Dec. $50 "a
Total. .$24 oos SO 39,7s5 90 Inc. IA 1856 q
Whole month Of November 1891. .$172 ,485 U5
Whole month Of November 1860. ......... l42 657 81
Increase ..................... $40 ,s27 "a
The earnings of the Cleveland and Toledo Rail-
road for the last eight days in November were:--
1850. 1861.
Passengers... .$l3, ,lli 90 IL 1853 20
Freight. ................ ID OO6 90 Is ,703 90
Total a........,.,.,........$26 $26 $50 90 30.456 90
Total mOnln THIS year $50 .3g7 90
Total month last year. 1854 90
Gain ON last eight days Observation-Disclosures. 8O6 90
The earnings Of the Michigan Central Railroad
for November were
1901 .S252 0Se l3
1860 106ls2 ~
Increase SAC 906 sd