New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-11-03
q. I,lp.s eonnfeon. and net recsa. By Do copsumnaon


S@oad That the Cincinnati and southw Company
will have value per mile equal to Tint Of the ONO
and Mississippi and posPeeTey superior TO that OF most
Third That the cost Of maintaining operating the Ohio
and Mississippi Road viii not be materially increased
enna and south Western Road viii Oe Ear below that Of
Western roads per mile 900 miles Of It's road except third rail-
being maintained by Ohio and Mississippi Company.
II That the present value Of the Ohio and ATiss
spp property estimated by the market value OF the Ceh
Gates VIZ about 80 600 per mile Is much lees than its intrinsic
value
Western Company between Cncinna and Vincennes are
practically equally valusble 10000 per meless say
Der mile requisite be expended thereon for third rail
and for rolling stock giving net value s6o0oooo
ph. This value becomes the personal property OF the
certificate holders by their tights TO subscribe for shares IN
the Cincinnati and SOuh, Company declared to be
paid up the aggregate to that amount Wis S951O0
Ohio and Mississippi Road 10000 per mile say sl36OOo0 in.
cudes lis Mortgage Bonds 49, 60o0O; the balance
lied; hence plan proposed adds ntTiBsealy para
graph per cent TO the value Of such stock interest or such
available value the Cincinnati and South Western Company
shares viii command in the market when understood and ap
preciated 81,
saw So 500 COO viii be obtained - -
From mortgage bonds Illinois Southern Division SOCOO
From local subscriptions that line Of the surplus
shares Of c. and W. Co stock............. 100000
From assessments Of unpaid bahnces on shares 10 be
taken under rights TO subscribe" ........ 2eooo0
Total $3.50 10
Tenth. That the Cincinnati and south. western Company
will have at least 400 miles Of road; .,oooo 400
Represented By mortgage bonds 100000
rotoI $1,000 900
Average per mile, S1jOO.
ECea That the enterprise viii be highly beneficial ana
remuneratve all certificate holders who participate IA ana
complete It and to those who prefer more immeday 70
realize affords net gain Of what shall be me 9t
anpSouh- Western Company.
Messrs winslow Lanier g. Co., Nos. 3and y Pne-si',
arc paying of the first monthly bonds ofthe Columbus and
Indianapolis Central Railway Company, due on the LIST
instant. H~~
BY analysis Of mining expenses in Nora Scotia, it's
found that all the expense Of mining and treating the ore
where vein is of fair width, can be reekoned at y per
tom the gold averaging $50 per ounce of2O dws gives
all over seven dwts. per ton, as profit
For the year 1866 the aggregate gold and silver product
Of the United Statesis estimated from $50 SlOo
OOOOOO The details of tie largest estimate are that Cali
fornis will produce s25 OOOOOOi Montana, $lso0OCOO
Neyada $4,000 OOO Idaho 100000 Oregon, $1,000
OOO Colorado Sl7 and various other sources -,
OOO, 900; total, $lO6,OOO,OOo.
The Cincinnati Gu=cte Of Wednesday remarks;
There was good demand for money today commercial
paper running from 20 TO 90 days AMI the market worked
decidedly closer though bankers generally accommodated ter
customers At dl0 per cent where the offerings were ms
There good paper ON the street al ~ per cent @
turn the money market traceae malHy 70 the eoo
weather which is setting pork packing establishments W
notion and on the eve o iuh resumption ol
are admOnishcd 20 prepare for the impending heavy da upon
them. The change IN the money market has oanse e.u
L
buvng and zoe premium selling There some business m
bankers cheeks discount but IN anything above small
amonnts IL was obtained without difficulty at 5tc
The Chicago Tribune OF Wednesday says:
There is no change the condition Of the money
market since report Yesterday At OF the discount
houses the demand for discounts reported quite brisk while
elsewhere II was rather quiet Tho drain OF currency 10 ne
interior ceased; the merchants report an IMPROVEMENT IN
collections and the deposit lines arc steadily though Slow"
increasing The demand for accommodation In the way OF
mercantile pepper shows falling off, bn IN great measure
this is compensated for by the Increased inquiry Tor loans on
g1nn paper The balance Of trade s seems 10 favor New
York bot have heard of shipments 81 currency since
those reported saturday Grain paper y closely scruuhl
as AT The present ruling figures the banks are not disposed I"
encourage speculation and where advances are made Wdc
are nevoraby insisted Prime business papcrhnds no
r cent In the open market good signatures are taken a 70
Is and less desirable az II per cent Per nnuum tu
ana 90 day loans Governments nominal ~ per cent 10
frstcass borrowers In the forenoon the market oI Eastern
exchange weak and easier with ss Of round
bankers at par - premium but IN the afternoon te
was iner feeling with transactions al iOa ~ cents premium
mostly the upper fAre The counter rates were unche-
par bnyng AID 10 selling Bufuo and OsweGo sight were
taken az 1910 discount
The following are the movements ofDY Goods at this
port during the week:
ENTERED CONsuMFUON.
NauuI Of Pigs. Value. Manu- ~ Ilga value,
Wool- ... 30 SHa 933 Flax. ,......... ~ a1Hlr2
Cotton ........ leo $500 Miscenancous... 80 lu3kO
Silk............. IL l3i6l2l -
Withdrawals.