New-York tribune., 1867-10-19
A lit
Banks:

Due to other banks. iiO7o,G52 l8,is7,Oo5
National Circulation. 24,s55.565 2I,SO6.29o
State Circulation. 25j.335 21J,3f'
The most marked changes in the statement are
found in tho increase of half million 1885, 93)
in the Legal Tenders and of 1904 32 in the deposits.
The loans have fallen off $il4,492
On monetary affairs The Boston advertiser says:
The money market is steady with no important varia
ons IN IT'S leading characteristics The banks are gen
orally accommodating their customers at per cent,
with an occasional extra charge ana loanng on ea az
able to fix the rate little higher, but most large
borrowers find accommodation at the lower rate ~ tne
outside market good commercial paper Is freey OHereu
at to 81 per cent
The Chicago Tribune Of Wednesday says
The demand for money was quite pressing today the
inquiry beng OF miscellaneous character and In many
instances the market quoted bordering on stI1geDc
Outside paper entirely ignored and none but deposit
ors in good standing obtain recognition The bank rate
OF interest steady at 10 per cent per annum but In the
open market loans daily made on outside paper at
rates equivalent TO td2 per cent per month Early sales
Of NewYOrk funds were made the banks at par
but when clearing settlements were made up some
Institutions made concessions IN order t0 obtain currency
and sales were made at 1l081l0i of-clOsng at the
outside figure The counter rates were uhchahseu-par
selling and / discount buying.
The recent meeting of representatives Of the Trunk
lines was without results. The question of freights
was referred to the freight agents" and there rests
The subject of stocking the through earnings of the
Trunk lines was introduced by the new director IN
the Erie but was not considered. The proposition to
stock the earnings was simply dodge to stimulate
the tagging speculative movement in the stock. lhe
New-York and Pennsylvania Central route are not
disposed to do anything in the matter At the next
election Of directors of the NewYOrk Central 1t Is
probable that every present director not strictly
"Vanderbiltp will be dropped The new Board Is
expected to make large scrip dividend, and repre-
sent profits which secession directions have sworn
were not earned.
A number of railroad enterprises that promise to
be of great advantage to Connecticut, are being
pushed just now with earnestness that indicates
success The great Airline route. which shOrtens
the distance between New-York and Boston q miles,
is only retarded by Hartford opposition that cannot
long prevent the cOnsummatiOn of the enterprise.
1t is the most important route in the State which is
vet unbult On Friday the citizens of Middletown
voted in town meeting, by 81 yeas, to 81 nays, to
loan the road $20OOO0 and this vote 1t is said will
secure the construction of the road from the New
Haven depot TO the east bank of the Connecticut at
Middletown, where it will watt the action OF the
next Legislature for permission to cross the river ana
proceed on its way to Willimantic and Boston.
The Connecticut Western from Springfield to Col
nsye, and thence to the Hudson, is said to be IN
strong hands and the extension Of the Colinsyille
branch of the Canal Road TO Lee and North Adams
Mass is regarded as almost certain. These two latter
enterprises will be of mutual benefit to the Canal
Railroad and viii draw a large trade to New-Hayen
| that now seeks its market elsewhere.
| The North Missouri Railroad Company has sold
nearly 100000 of its bonds to James Is. Eads and
associates. Several heavy capitalists of New-fork
| and st. Louis are connected with Mr. Eads, and
| means are now secured to finish the road Messrs
John j. Roe, Barton Bates Charles X Dickinson, and
John G. Copen go into the directory under the
terms of the purchase. and L. W. Fox Of st. Louis,
has been elected temporary President.
II is reported that the consolidation of the Port
land and Kennebec Railroad with the Portland ana
| Rochester road has been thoroughly considered by
the directors OF both corporations, and majority OF
both are in favor of the idea. Three modes are pre-
septed: purchase of Portland and Rochester shares,
lease or consolidation. The probable one IS the hTst
named. The extension of the Portland ana hoches,
ter road TO Rochester is f0reg0ne cOnclusion ana
the building of the road from Alton Bay n. H., TO
| Lake Village is regarded as sure and the Portland
| and Keunebec road are desirous OF securing new
! York and Western connection.
| The earnings Of the Milwaukee and st. Paul Kali
way for the second week in October were
1857 S25 600 1866 .f2O3,sl4 Increase 7 lso
| The earnings of the Chicago. Rock Island and
| Pacific Railroad for the second week IN October
| were: -. -.
1857 ~ s527OO 1865 slO2,l1O Increase $50
The earnings OF the Toledo, Peoria, and Warsaw
Railroad Company for the month OF September were
1867 s5i64s a. 1906 sls,C7s 81 Increase s65o7 II