New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-06-07
The following is the amount received for duties on i'm
ports in Boston during Eve months "a The years 1851 1907

1914. 1850. 7SOO.
Jorrerv.........tf 0ls- n (ll4ts ID {, ee..ss ~
Msy.......... l6cs 80 l"2aco a lc-@s-s 81
To.sl....tl-5-.555I5 t4a5M % f1Usr5 20
Tie managers Of the Lie RAILWAY ComTeny, after OBJ
tapipr from slr Drew money to keep the concern from
coir, 10 protest and its workmcn from striking, lnd 30
words Of abuse too strong and, through Tie TINS OF this
r,onirs II is CHARGED that Mr Drew interested in
breaking the contract wiki The Pcunyl gania Coal Com
rarv with a view 10 profit in brolkns down The stock
As The contract was 50 Improbable that The Company pre-
orred 10 pay the penalty rather than do the work, hr
Drew is deserving Of praise if he was the agent IN saving
the Erie Company from loss stated. The attempt to
screen MI Berdo by pretending that the present floating
debt was really created before he took office is too shallow
10 deceive any one and is wholly without foundation.
The obligations growing out Of the Atlantic and Great
Western negotiation were stated in the unfortunate post
scpt 20 the annual report of 1851 To pay this debt the
sterling lean was made and honest people were creduous
enough TO think 100000 sufficient 10 pay tho confessed
floating debt in March 1861 The statement then made
was not true new olgng debt has been Great ana
the executive Of tie l,de has his choice Of position. Tho
executive officers Of the Eric Road and tho drco-
tors are good deal exercised over the disclosures
made as to its financial condition, and their
divert attention by calling names mpuing motives TO
the only one Of their number with courage enough to lend
the concern money The terms upon which il was got,
however onerous were the best the Company could make
or tho directors filled in their duty trustees. The
terms and magnitude Of the loan have depressed the pce
of the stock but it tie fault of the managers that oan
was necessary and to the credit Of Mr. Drew that be ad
vanccd money TO for short time the loss sure 10 a
upon all who COMMON Shareholders If the Company
viii for three years economical and honest app
cation Of earnings through the payment OF its hoang dep'
il NAV cet the common stock where in rare seasons OF
prosperity it oan make dividend from borrowed money
Tie Chicago Tribune of Saturday ?. IN. says
There was increased activity in monetary circles to-day and
tho demand FOR currency at the banks unuuay brsk
The receipts Of produce continue heavy The drafts rom TIC
interior lorse and che market working closer IN
Eastern eHcbang from Milwaukee have created diver Ion OF
currency TO this ciyal owlic9 haze contributed 70 nor
generally passed az 10 cent per annu bn e b"hks so
using greater discrimination ID Granting 1
formerly Inferior is discounted GU the stet al IGi
Tbe market for Fase-n Exchange TODAY very weak,
and rates had strong downward tendency Round lots
sold among bankers freely al discount Of % 9Oc per tho'
sand The rates UNCHANGED but concessions
had 10 be made pat Of sellers The nOmiEal rate Tor
buying par and T selling Ito premiums but good Gus
toners generally supplied at The banks st ~ ptuu
Generally speaking the hackers at present doing tue ex
change busiuCss Tor l-20 Of yer cent. -,
has been uusaay brisk The leading dry goods houses have
oeen making heavier than before tbs season oi
the wear and shipments Ct goods very 0cte Tie gro
Gerry trade lively and stocks fast disappeaTInf
There Improvement In the iron and HARDWARE
branch within week. and orders beginning 10 ac'
cunulate
The Times of the same date says:
The week upon unususy stringent money market
The Nationals have for TIM oeen keeping heavy
balances in NewYOk for the sake OF the per cent when
Metropolitan banks p0y account end nave been so
completely surprised by the demand for currency which has
suddenly the country banks that OF them
further accommodations 20 their
TONERS and expedent in order o meet ~
quantities OF being moved and preparations
are for the movement OF the wool clips
and the country banks 1nding profitable employment for all
which thew have suered accumulate IN this city and
this demand be met aod cannot even be deaye nn
currency can he ordered hom NewYork or even pid WITH
York exchange there help for H. and business heo
must come 10 a complete stGrdsiil.
RAILWAY EARNINGS MAY
1868. 1915.
Michigan Central....... s4Ol,455 500 s6 Dee $500
Michigan Southern...-... 3f,163 42Ai9j Inc. rttN
Rock Island ........:.. 227260 POI COS Inc 100
Chic. and Great Eastn.. 3O75s 4909ll Inc lco,l35
Earnings of the Western Union Railroad Company for
the week ending May 81:
So. 537 1865 .... s26679 Increase f5s5s
Earnings of the Detroit and Milwaukee Railroad for the
week ending May 81:
s33 45e 1865. sra 40 Increase e3ess
The Great Western Railway Of Canadas traffic for the
week ending June !:
NNaTr 49, GNN L.