The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-04-18
MIseeIInnieoun.


Money Is reported easier at New York at
96 per cent, quotations do not show a revI-
val OF business confidence, There is timId-
ity and laggardneS In prices, save In excep-
tonal articles, that Isduie obvious.
The application OF the New York banks for
remission OF the monthly tax of l-2Ith OF
per cent. upon their undistributed surplus
has been passed upon by the Treasury De
partment, which, by way OF compromise, re-
fuses 70 pay The taxes already paid but yields
the point 70 me 6anzs 50 far as future assess
The notes of National Banks that are wind
ing up, and of those that have failed, are at a
premium in New York. Those banks that
have not obtained their full share of curren-
cy can use such notes In obtaining more. II
is not often that the notes OF broken banks
are worth more than those OF solvent insti-
tutions. The following banks are quoted 2
per cent premium:
Venango National Bank, franklin Pa:
C.; Tennessee SationaI RanE. We9 1pib
Tenn: FlFst National Bank, Utica, N. n:
First National Bank, Medina, n. Y; FIrst
National Bank, Columbus, n. "; First Ma
tional Bank, CaTondelet, Mo.
or thetemporaTy financial troublein Rich.
mond an exchange says:
The tears OF a monetary panic in Rich.
mond, reported yesterday, arose from tine
fact that during the recess OF the LeRfslature
certain ofhcers Of tbs banks Of that city,
which are dePositories OF the public money!
attempted 70 create the impression that the
act OF the Legislature providing for the nav.
ment OF the interest on the public debt could
not be executed, and that any movement ON
the part Of the State 10 withdraw the money
deposited would preclpitate q financial crash.
The action OF the dry goods firm Of CLAIM
goods OF steenbOck q Co., the laTRest dry
goods house In Richmond, has created RreSt
excitement in the latter city. The RlchmAnd
ed by tn e North on CREDITOR IL VIM sinpuRr.
nate fearful panic among the business men
OF the South.
The Cincinnati Gdsette Of yesterday, has an
Interesting article in regard to the rivalry Of
the different railroads touching or centeiing
at that point for western trade and for west
connections. The Pennsylvania Central
now has continuous lire by means Of the
steubenville cut on and the Columbus and
she is bargaining for the Pacific railroad OF
Missouri. That concluded, it W II remain to
acquire the line from indianapolis, through
Terre Haute and Alton 10 st. Louis, and then
the company will control q line extending
from Philadelphia 10 the western terminus
Of the Eastern Division OF the Union Pacific
Railroad, wherever that may be. 70
In regard 70 the Baltimore and Ohio, the
Gazette says:
While these thtngsare going on, the Balti-
more q Ohio Railroad Company are not idle.
The managers OF this mammoth corporation
have been buying mp the stock OF the MARI
eta Cincinnati Railroad, with q view TO
controlling and completing II 10 Cincinnati.
II VIII then only remain 70 build a bridRe-oT
rather TO finish the bridge At PaTkeTshuTg-
in order 10 secure continuous line from Gin
clnnaII, via Baltimore, 70 PHILADELPHIA and
New York Besides the Baltimore d Ohio
Company are establishing 4 INST class line OF
steamers between Baltimore and Europe.
Already much OF the foreign goods imported
for the West come over this line. It is not
certain yet what particular connection the
Baltimore q Ohio Company win have beyond