The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-07-04

New Hampshire on July I removes over ". oOo. 900
from circulation in the State
There Is no material change 10 notice in the condition
Of the Bosson money Market which st continues easy
for call loans at 8 per cont
The Philadelphia money market exhibits little more
animation the accumulation Of unemployed funds caus
ing comparatively heavy purchases OF stocks and bonds
Call loans easily negotiated at 4 per cent
Tho Western money markets arc becoming somewhat
easier the demand not being quite 50 active Cincinnati
st. Louis Chicago report better supply Of capital
but without material change in quotations. the rates for
first class signatures ranging from 70 IL per cent Ex
change New York is not plenty bankers selling at
from par . SOC. per 81 900 premium.
The report OF the directors OF the Imperial Mexican
Railway (made in Iondon) 10 as fouows-
Great progress had been made in the construction or
the railway. Mr. Samuel, the consulting engineer had in
formed them the earthworks had been completed
hundred and seventeen miles OF the railway: that 1t
probable from recent dispatches that the section be-
branch line to Puebla at Apixaco, distance OF eighty
FIVE miles had teen completed The engineers estimate
OF the traffic receipts on the Mexico and Puebs division
showed PROBABLE mtninss Of upwards Of eco per mile
per week, and nm estimated rate OF working ex
pensss Of thirty-shree and third per cent,
tho completion OF this portion Of the railway II
was expected would be amply repaid The electric
was nov completed on one hundred and
been made 10 the erection Of the workshops at Vera
Crax and 0riEaba Tue receipts from traffic the Vera
Cruz section. fortyseven miles in length for twelve
months ending the 3ls. Of March last, amounted to
ESQ, 03 or an average Of f35 9s. 3d. mile per week.
During the las. three months Of the twelve-namely.
January FEBRUARY and March lasthe receipts had been
EGO $685. average OF cas- los Id per mile per week.
Upon the Guadaoupe section. three and quarter
miles in length the receipts for passenger traffic In the
twelve months amounted 10 f764y average Of ESQ
6s ed per mile week. On the Vera Cruz section the
actual amount OF profit had not been finally ascerained
but was estimated for the year at about 70 be
shared between the company and the contractors On
the Guadaloupe section the profits had amounted
70 f4074, three r0ur,hs OF which belonged to the
company and one-fourh 70 the contractors. It
estimated chat the local and through traffic the Mexico
and Puebla division, hundred and twelve and half
miles in length would average csc per mile per week.
more than fs0s 900 year, the working expenses s10l
600 and the net revenue than f202, 600 year.
The directors felt that their report would have been
entirely satisfactory the shareholders but for the
Mexican government having unfortunately allowed their
payments to the company to fall recently to
the extent of about EGO 000 and for the political state
OF the continent which, with the condition Of the money
markets Of London and Paris had made impossible for
the company proceed with the arrangements for
ing part Of the capital bonds II would be necessary
Immediately by dcbcntures the funds required
for the completion Of the upper portion OF the railway
The expenditure the railway 20 the ist OF December
last amounted TO 81, 54. PAL