New-York daily tribune., 1866-01-11
The receipts Of tho Racine and Mississippi nd
Northern Illinois Railroads for the week ending.

se5..;...-:.. sJl7s 50 1904 scs 81
Receipts from Jan. l to Dec: q, 1863;
eos. .so76 4g 81 1854. $500 257 81 inc. sisS1o
Receipts for the week ending Dec. 81:
s65. .....Sl2es5 "a le64..-.........tsus
Receipts from Jan. / to Dec. 81:
s65 &6s9 1888 IS 1864 .e5s7 or n Inc. .eic21s %
The Pittsburgh, Fort Wayne and Chicago Road
earned in December, 1864 including military traffcs
' oss 1865; m,s'1 s2, 90 Dec s,i: s'0a
To- =. s667. .O3a ls65. sS7i,O 900 Dec. s'oo'"
lss; ascs5 ss ss yeso Sse It isSs 4ss 1ns NM
Thehipments of Pittston Coal to Jan. :, le@
we're: Mfh
ls64. C. 97s.uns 1865 % 7ie. 90 tuns lrc. sOn
The Chieago Tribune Gays OF Saturdays puS'
ness that: nj
The money masset closes for the week eIftmeH
throughout the lar currency both by tno
commission merchants, aud the supply has been geay
decreased since the st inst when the National oains
who generally hold balances here. have been reoacns
them very materially, and although the dram OF cur.
rency Eastward has ceased, there an incessa ~
Westward to pay for the hogs ana produce whicI
now arriving quite reey. -. m 10,
The rate OF discount at the banks Is steady az
cent per annum, bat needy borrowers are paylns pi
yate bankers lia2 per cent per month Tor aeecpna'
dations
The Cincinnati Commercial OF Mohuay fepof'ss
The money market appears to have come down as
last TO an old!ashioned pinch closer sec...oh -
paper and higher rates govern discount opera
have for some time hitherto Some oi Tue Jams a
said TO lave about run to the end OF tber strLs aug
all have lost currency heavily bxcnase nas os "a
heavier under the continued depeto - sI No. "a cet
some of the dealers have made an uhgs u"' 49, -.
clear Of n selling as much l0c. on IN iorhu SUI,
aud declining to buy at better than &C. ~ oco SsconS
counter rates however, 100 to 2o v iooo t,.' @
buyng. par selling Increased receipts ro ,ns so1i'
try are the principal cause OF this strong poe A".'
Apropos to the results of the late mania IN En-
gland for tho formation Of limited companies 1AS
London Times observes:
Stock Exchange correspondent fas taken tho
trouble to calculate the nominal oss sus,"eu -, ia
vestors in the various ,Sn Je ,ec'a,ian q;
ouo,ed In the official sockst from the ael feceuol Us
prices that has taken place during the year 10" Cos:
! ing The number of miscellaneous companes lqotea
is only 49, and these constitute I. 40 not
1.-THE of those from which the greatest misehei hn
been wrought yet the mere reduction III tuer Ve.ae N
the couI Sc OF the 70 months has been equal 70 a. 20
Many Of tho companies, moreover were s'af'ea
within the present year. and therefore nave Lot e, r'
rived at the point for comparison al eold De W
cluded and II tho various banks ana railway socAo
We're likewise brought in the probability is that az.
create loss would be exhibited OF from twenty TO thirty
millions 1t is also TO be remarked that the close OF ast
wear was attended By depreciation in all kinds q a.
yesmcnts and that consequently the falling on Do1
exhibited is not from previously high point De- RON
one that already regarded as comparatively Gses.
trous On 40 Of the companies which figure in TIE ls1
Of depreciation there is further aggregate Eaoliy
for calls ~ the amount Of f2t, 7,94O.
The following is the text Of the First Sectica
"a bill to authorize the issue Of bonds for funding
the obligations of the United States, and fcT other
purposes" introduced by Mr.. Morrill,. The remain.
ing Sections relate TO details Of small importance.
Bsn,rac,ei By the Senate and Rorse Of Representative,
Of the United States Of America IN Congress cst"td
That TO enable the Secretary OF the Treasury TO faho
United States notes, Treasury notes Temporary oans
Clearng House certificates certificates OF ipeentei'
ness and the floating debt OF every description ahc o
pay whatever amount may be required for The pay
ment Of the existing and matured Indebtedness and tbe
current expenses Of the Government, be "a he.eoy
authorized 10 issue 10 the amount that may be -egGee
for the above named purposes coupon or ree:sterea
bonds Of the United States payable IN not over ~ years
from date. and redeenabe at such time afie! date 20
may be fxed by him. Such bonds may be sold. and TO
principal and interest may be made payble either N tie
United Europe. and such Of said bonds 40
may be made payable principal and interest, al ne
Treasury Of the United States shall bear interest at the
rate OF not over per centun per annu payaole SEMI
annually: and such bonds may be made payaDe,
principal and interest Europe shall bear interest az
the rate OF not over per centum per annun,
issued under this act which may he made payaoe az 10
Treasury OF the United States shall be PAYABLE IN tie
coin of the United States the principal and n;e.ess
OF the bonds which may be made payable in Europe
shall be payable IN the coin or currency OF the country
in Europe IN which they may be made payable. And
the bonds hereby authorized 10 be issued shall be ot
such denominations, less than ESQ., may be deter.
nled by the Secretary OF the Treasury and Ae nay
dispose Of the same at any time at tie market vads
thereof for coin Of the United States for foreign
coin exchange, for United States notes Treasury
notes notes OF the banks organized under the net eni
tied AN Act 20 Provide National Currency" e.
cetera, approved June 1864. any other obnsaolg
OF the United States and he may exchange any bonio
authorized by this act for any other bonds OF the United
States for any bonds authorized by this act. And
al bonds issued under this act shall be exempt fycn
taxation by under State OF municipal authority.
To illustrate the truth Of our argument in refer
ence to the probable decrease in Railway earnings
We give the December results Of various Railway
lines below: