, 1865-02-27

1850 T. 3:46 p. .19ot
l1-GO H. .Aaot
1s8, and closed steady ut that quotation. On the
stock board, business Was more tctivc at 19si@
100,
tons at that range.
Cook county scrip was in active demand, NTH
eales ate41844. The sales were moderately large
md the market closed firm. Ftve-Twenty Bonds
werc firm at 10 buying aud Ill selling. ID New
York sales we're at I'LL At the close. Teu-Fortes
weso firm 1t 1o7 buying and 1o2t selling.
The local investment in the en-Thlrty
Loans continues on liberal scsle
The subscriptions at the Second National
Bank Of this city during the week ending to-day
amount to <771 Co., making the total subscriptions
since the first instant at this bank alone foot up
SAT-, 200. This has no doubt contributed much
towards tho present stin2ency In the money mar
ket here.
The gross amount Of clearings At tho Clearing
House (Northwestern National Bank) for the week
ending Today is IS, ,0{8 a. against 1868 4s9
the week previous. The experiment IL considered
srccess, and before long 1t will become pcrm1-
nept institution.
The capital stock Of the Fifth National Bank Of
bis city has been increased to $5o0, 900.
The capital stock Of the Hanufactutern' Bank,
eae6o0, has ali been paid up, and We Iea1n that
incre,1e of At least 900 is soon to be made to
It b14<ite original stockholders and friends oI
the Institution.
a correspondent inquiries Why ne do not pub.
lah the statements Of the earnings Of the various
railroads which center here until after they have
appeared IN the New York psees. Our only an
swer to this query Is, that few, any Of the rail-
road companies send us returns OF their earnlngs
and we are consequently obliged to copy them
from the EaEtern papers. It has always appeared
to us that the only object the companies had In
publishing their statements In the manner they
do, was to affect the price Of the4hstocks on Wall
street. Probably, when the railroad companies
return to their Eenses, and devote more time to
the proper equipment and operation Of their roads
and less to- buliing" stocks in New York, they
will send us regularly statementa OF their cam
ings for the Information Of the people Of the
Northwest For aix months past the financial
columns Of the leading New York papers have
been devoted to I system Of "pu1lng'' in connec-
ton with railroads, which Is sIckening to every
intelligent reader.
The subject Of paying of the natonal debt Is
engaging tho attention Of hnancters At present,
and numerous schemes have been presented,
some Of which hare been already published In
our columns. Here is the lntest, which VIC clip
from the financial column Of the N. 7. Heratd:
The assessed valuation Of tho real estats and
of he uRtd tS ss eseoFd
without entering into details or stating the pro-
portion belonging to the loyal States wa will say
thata tax q ten PET centupon the entire property
would yield sufficient 10 pay more Than the ua-
tlonal DEBT. Wo Viii roughly stats The following
HrsiEThat the whole Of the funded deb. shall
scond-That IN order to do this y general A.
ssssmcnt Of len per cent shall be levied upon all
the. private property and capltal Of the United
7Aird-That similar tax shall be levied on Ill
lneomes, those under st1 hundred dollars per an-
F0urth.-That in making the assessment Drop
erty to the Ealue Of two hundred and nfty dollaEs
shall be iett nee tn estmating the property q
be exempt where the value IL not in excess Of It.
Finh.-That in assessing. the property Of per-
ions their debts ehall be deducted thereffona.
n n;a9 ps. g. pt eDs fRt4 I'd S dG:s III Of
sufficient portion Of the same to pay tho aesess-
cnt and that tho authority Of this act shall con
vey 70 the purchasers Of said property good and
Serenfh.-That tho payment Of the assessment
shall be made within two years md h.f, and that
the whole amount shall be payable in ten success
EigAth.-That defaultcrs shall be proceeded
ass5nat according t9 he lnternal Revenue law,
assessment falling due, at the rate Of ai1 per cent
per annum dill they are paid.
Ninth.-That the Secretary Of the Treasury shall
be authorized to paJ Of ut par the funded debt,
selecting such descriptions OF stock Is shall be
Judged preferable. with due regard to existing
epgsgemeata md tne public welfare; and that be
the succcsslve quarters IN sums corresponding
to the amount Of the assessment payable IN each
1snth,-That should any deficiency arise In con-
sequence Of the whole amount OF any installnent
not being paid up when due, the Secretary Of the
'h9 "a BE- f. RIovde Ss ,nsh
nees; and In like manner should any surplus arise
the came to be carried to the account oi the next
quarter, and 10 on to the end.
EItrtnth-That a committee, composed Of able
md practical men. be appointed to arrange the
Ing IL into effect.
In throwing out this suggestion. VIC do not, Of
tourse, advocate It "a desirable or possible mea
cure now, but hereafter, With peace and restored
Union, 1t would present one way Of removing The
his would Be- Tefy unWnr to
long continue after tho excitement Of the struggle
Whfch involved II had psssed away. Meanwhile
&c must depend Upon heavy md equally dl.tzt-
buted taxnttou to dln1nfeh lta fucfeaze IS fat Is
poksible.
- The capital stock Of the Pennsy1vania Cen
tsa1 Railroad Company, Is $4,000, co., Of which
S18, ,Gs9, $50 ar paid in. The amount OF minded
debt IL s, ,864, $50, and Of floating debt $Vi,029.
Debt due the State. S. 500 500. Cost Of const1uc-
ton and equipment, te2,s1a,ot1. The total ex-
penses Of the road for 1854 we're $9,s2i,79:, and
he receipts $14,a s0fo The length Of the road Ia
:e5 $40 miles, Of which 35 miles nre double track
1t has a14 engines, 16s arst-class passenger and
Isis freight cars. The Company holds 92G41, $50
worth Of real estate, exclusive Of roadway.
Foreign Exchange IL New York is extremely
aat. Brokers ask 10s for 60 days sterling, bu,
good bankers bills are negotiated at 1o7i. The
following are the current rates:
Bankers Sterling, % days..............10 ..107iG10s
Bankers, Sterling, 8 days. .10sf91o9
Mnvrh anita thS&GA1HH