New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1866-03-13

| This balance is represented mainly by Alton and
ST. Louis stock held by this Company, supplies of
materials for construction and repairs, and cash,
$l93097.
The operations Of the year show an increase OF
gross earnings of 81 1884 ,i67 &c. including the por-
,tion Of the line between Alton and st. Louis %
miles, not in operation last year. The gross earn
ngs per mile in 1864 on 257 miles were $l0,9l6 3D.
The gross earnings in 1896 on the entire line, $50
miles were $l3,7l4 90 per mile, showing an in
crease of over 25l per cent, estimated upon the
basis Of the number Of miles operated during each
year. The netearnings per milein 1864 weresi Y55 81
and in 1865 $6,5iS 20, showing an increase Of
nearly 26 per ceSt. OF the entire traffic of the
line in 1865, 14l per cent was local, and 25i per
cent through. The passenger traffic was III per
cent local, and'2si through. Freight traffic was
IA per cent local, and 22l per cent through.
The February earnings Of the Western roads still
show a decrease, and in some cases TO degree
which will impair their ability to continue divi-
dends.
The February traffic Of the Fort Wayne is down
$239, 5ll, and will show quite as poorly in March.
In 1865 that month showed a traffic of 1886 ,5ll-
an amount never exceeded but once in the history
of the road.
At Cincinnati,
Complaints continue TO be made Of backwardness
on part Of country merchants In regard 10 their past
due debts The feet being that debtors are holding on
to produce and other commodities in which they have
invested money that belongs 10 their creditors rather
than force sales on the dull markets that have lately
been had. Ia other words. merchants at supply points
have been doing discount or insurance business for
their debtors That this business is Improbable has
been almost universally demonstrated in the past and
ii inevitably leads ultimately TO commercial revusion.
Some ask what these traders are to do, who
in honest enterprise and assured faith Of a GER
tainty in their operations must needs have
credit 10 carry on their business. The answer
TO this is that such merchants should borrow suoh
ira help as they may require at thor homes-do their
discountng with their own bankers where they are
known. and where, ndeservng Of credit they Will get
all the favors Of kind they deserve In other way
can the evils OF overtradiag be moro certainly pre-
vented. credit placed on more substantial basis
Merchants who encourage any other. deserve no syn
patty when embarrassed by delinquent debtors
There has been introduced into the State Legiss-
ture of Ohio new bill to provide for an Independ-
ent Treasury changing the existing law in many
essential particulars. The most prominent and
radical of the alterations made is the provision for
depositing the unemployed money belonging to
the Treasury in banks of this State or in the City
of New.York.
Washington dsp atch of March II, says:
The Ways and Means COMMITTEES have Q special
meeting tomorrow for the purpose Of deciding the
question as to the amount OF reduction which can be
made 10 the internal That there can be con.
siderable reduction. Is evident to the Committee Mr.
Welles Chairman Of the Tax Commission who Is now
in conference with the COMMITTEE is OF opiaon that
there can be at least s75 90 900 taken of As soon
that matter Is decided the Committee will proceed at
once 20 consider the bill with view Of making such
reduction upon tho various articles the difference
demands.
The Cincinnati Gazette Of Friday says:
The money market continues close. and rates OF in
telest are very firm at I06l2 per cent for first.
paper In the regular way and 1913 in the open mar
ke.. The demand is not pressing. but the market il
than supplied with paper. Offerings are scruten-
lied closely than heretofore but in the absence OF
speculation confidence has not been materially weak
ened. Exchange was strong to-day. with demand In
excess Of the supply at par TO c premium buying and
Ito premium selling. The demand il augmented by
the renewal Of purchases Of 3O bonds in New York 10
supply the demand here.
The act of the Missouri Legislature relative to
the constellation of the State debt, shows that on
the st of January, 1863 the total debt will amount
to $50, 1875, $50, including the following items: