New-York daily tribune., 1865-09-14
I'D, and the demand for goods and lab


caISot be supplied. In the business parts of the
town our houses ore lighted at night from cellar to
attic and dawn finds the previous days sales un-
packed. The steamers and railways are crowded
beyond precedent, and carmen at some lines are
obliged to wait four hours to deliver their goods
The Neptune line on Tuesday dispatched four
steamers to Boston and Providence, and to-day send
five without clearing their docks. Upon the Erie
Railway the September traffic is estimated to reach
81 900 900 gross in the face ora diminished coal
trade.
The committee appointed BY the stockholders OF
the Virginia Central Railroad Company to examine
the condition of that road, publish report Of their
observations. All the bridges have been fully re-
paired OF entirely rebuilt and are in good con-
dtion. The tunnels are also in splendid order and
the general condition of the bed and track b
much better than it has been for a long time. The
track on the worn-out sections is being relaid with
new iron, and altogether the committee regard
that road as for some time to come, in good run
ming order.
The Norfolk and Seaboard Railroad will he in
running order in few days A large gang Of work.
men is employed putting the road in order, and all
the needed rolling stock is on hand.
The Lynchburg extension of the Orange and Al
exandria Railroad is fully completed, and trains
run now all the way through to Lynchburg. In
about three weeks trains on the Virginia and Ten
nes,ee Railroad will make unbroken connection all
| the way through. They now to go to Bristol,
Tenn.
The Boston Erening Trareller of yesterday
says:
Money on call is worth six per cent at the banks and
in the street on the best collateral security ana V
on time.
The Cincinnati Commercial Of Monday reports:
The money market continues active, as Is usual on
Saturday discountng was relatively Ieduced H!,,s
hut the checking was very heavy There Is but mite
doing in gold bearing bonds because OF their scarcity
The quotations for them undergo no caange. seven
hrtes are sold by bankers at par IN sd TaS
ic off in larger lots Vouchers Orders anu Cefuncaes
are all scarce at the old quotations.
The defeat of the plan to use the New-iork
Clearing House as a machine to run interior banks
upon their circulation is satisfactory to all reeeiv-
ling currency from the country in the regular course
of trade. They are thus far unable to see any df'
ference in the notes whether issued IN Iowa or
New-York City; and so long as the Comptroller AZ
Washington performs his duty the distinction VIII
not be apparent. The portion of the city banks
which favors "the running process claim 10 nave
the support of the Secretary of the Treasury and the
Controller in the form of letters, when, now
ever do not appear to be strong enough TO PRINT.
When Congress assemblies the Banking Law VIII
probably be amended, and under the pressure OF
providing for the interest upon the National Debt,
, IT NAV enter the mind of some member to propose
that the Government assume the redemption OF the
4 .,l. Not of Ia a.
limbursiug the banks for the bonds they now hold
! under the law. Under the act, the Government
pays gold interest or six per cent upon deposits as
security for circulation and prints the circulation
! free of cost 10 the banks They are
now receiving basis upon that of circulation iur'
nished by the Government slO, 900 per annum
lin gold. and il can reach $lS,00O,O00 per annum.
This sum may be thought worth saving, and Con-
gress may be found ready to do it rather than press
too burdcnsomc tax bills. II is already intimated
that Washington officials favor making National
Bank notes illegal tender II the wind sets in
that quarter, there Is no good why the peo-
pie who owe 1900 100000 Of currency should not
do so in the form OF plain legal-tendcrs, thus en-
ployng free of interest onc-tenth of the whole Ma
tional Debt. 1t would take from the banks a
source Of much profit, but It's benefits could be
rcaped by the profit in the form Of reduced taxation,
and in the use of a currency which need not be run
home for redemption. The National system, As
longas it authorizes only $500 900 900 Of circulation,
is in no danger of explosion. There is a good deal
of loose talk about amending the law, so as to allow
as much more, but there is small hope that such an
extension will be- made