New-York tribune., 1867-10-21

Ocean. lOl lOrental Bank 80
Statement of the Marietta and Cincinnati Railroad
for the second week of October were
1867 Sjl6I6 1SCG..........-....--.- sE,i33
The earnings of the Western Union Railroad Com
pany for the week ending October H. 1867, were:
1857 s2s.seO o. 1866 s22I95 GO Increase~s31c' 80
The traffic of the Chicago and Great Eastern Rail
way for the second week Of October was
1867 s3ig2s 90 1906 s25,29i a. Increase s9s3 80
The earnings of the Michigan Central Road for
the second week in October were:
1866 slIss53 ls67..... s99S57 Decrease. .Si9596
The Chicago Republican of Friday says
The money market continues fairly active at least all
from grain operators. mostly shippers ana there Is some
little Inquiry from packer but the mild weather has put
"A check o beof packing, and the demand for money on
this account s not large. Parties who are carrying
grain purchased at higher prices than those now ruug
re also market for loans. The country bank con
time 10 draw daily and have their balances reduced 10
kct but % any extent and such Is acceptable IA
placed the usual Money close but not actually
,tringent mo banks are accommodating their regular
customer, 10 Tho extent 10 which ncy are entitled, but
s3. aI', fhrir d.positors 70 orer,raw The rate OF
interest h 40 per cent Icr annuni.
The 81. Paul Press SAYS:
We have the pleasure Of announcing this morning the
completion Of the Milwaukee and ST. Paul Railroad,
established between 81. Paul and Milwaukee, and ot
the entire system Of railroads radauug from CHI
clgo. We are indebted for the ability 10 make TINS graf
fyiug announcement to energy on the part Of tho
Company which cannot be too highly praised. for thcy
have that IL say, they have graded tied
and laid the rails eighty miles OF the road forming the
gap between OWllonua ana Crsco since tho opening Oi
spring This Is grand achievement lnrailway construc-
ton which has seldom ever been paIalo.ed except on
Milwaukee to 81 Paul including the SIX miie INK OF tho
Valley road between st. Paul and Mendoza Is about $40
miles Of which about 40 on the west side OF the Ms
-isp That portion o tho road the east side Of the
Mississippi from Milwaukee 10 Prairie du Chen. about
900 miles In length. Is at present called the MILWAUKEE,
and pT,rie du Chien Railroad but We believe is
ceve the designation OF Milwaukee and 81 Paul as soon
the Wisconsin Legislature shall authorize the change
The part OF the road west OF lhe Mlsss'ppl Ir9m Mo
GrcgOr TO Minneapolis MAS formed by the consondaiOh
Gregor westernboth being auxiliary 10 the great Wis
cOBsn consolidation which embraces the milwaukee, ana
Prairie DIN Chen Railroad aud the Milwaukee and La
Crosse which Is now called the Milwaukee and 81 Paul
The Minnesota aud Iowa section OF the road runs through
the richest grain region OF the West. and in furnishing
that region direct outlet upon Milwaukee, gives MIL
waukee strong ap uPPn % 'he g1 ~ Pan I sc ~
q continuous rail communication with milwaukee, cannot
will relieve Of the Inconvenience and yexaton OF stage
tanspOrtatiOn which We have been Obliged To rely in
that season. iii the gap between the Minnesota and
Wisconsin lines We learn from prominent officials Of tho
Company the city that regular trains VIII De run
ming over the whole length OF road by the first Of No
vember
The Cincinnati Gazette of Thursday says
In the general markets depression still rules the hour
the absence of river navigation ana the srhgehey OF the
money market are two of the cher obstacles TO trade
but the absence Of the active demand Tor goods winch
has been anticipated and prepared for s the great draw
back The money market Is sti close, ana the onerngS
paper generally IN excess of the aby OF bankers
% ac
ing today The custom Of merchants 70 buy goods large
y In the Eastern markets Is 10 keep er balances IN New
York and so universal has this became that currency IL
comparatively here all the time and rates OF in
terest rule high when money ls drug IN NewlOrk
The Cincinnati Enquirer of Friday says:
We have still 30 report very close money market and
the indications In favor o greater degree or su
gency The applications stl OF liberal scale while
the bankers less able willing TO meet the dcmand
aud borrowers experience considerable difficulty IN ncgo-
tIatng loans The regular discOunhOuses are limiting
their fayors TO depostOrs and these do not In all
succeed in obtaining accommodations TO the extent
asked There is a considerable amount of what Is called
accommodation paper the market and money is
wanted much for enterprises as TO enable parties
meet their accrung obligations Rates or interest are
very firm though change has taken place. Between
bankers and deposors the rate Is 10 cent but in the
open market 12di5 per cent the leading hgres Tor
uneYoeptlonable names and good commercial paper
while on tho street rates range from To per cent
month The banks cudeavorlng 20 contract their dis
count nesas pork packers and other branches OF trade
WILL in short time require considerable amount oi
money.
The MinerS Journal Of Saturday says:
The quantity sent by railroad this week Is 1882 G-by
capal "a $50 O-for the week 34SI Is tuns, against sOi
ns for the corresponding week last year There Is no
new IN the trade note While the demand con-
fnuea 10 exhibt an Improvement prices continue low
operators fair margin OF profit Those who are laying
i coal are acting wisely for any change III prices be-
vean this and the end the season, Will De tOWaru AN
advance At the present rate Of increase until the END
the wear product OF anthracite in all tho regions WIN
exceed that OF last year. The loss now only reaohes I
ass tuns In this region however, we are behind G3H
tuns which under no circumstances however laYOrapc