New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-09-25


there was not failure on the Stock Exchange during
tho rrcssure but innumerabe failures in business
circles. and it is to be hoped that Mr. McCulloch
will not be tempted to Withdraw a dollar
more currency from the street than is absolutely
necessary and thus assist ring of spectators who
have only their interests to warrant this move
ment at the expense of the business of the entire
country, as well as the Government itself who lose
large revenues from the depreciation caused by these
money spasms. There is more demand for money at
the West and il is probable that there Will be an
increased demand next week TO move the grain de-
layed by the storms.
Sterling Exchange is more active at quotations:
London. 60 days, 1OSlGlOSs London. sight. lO9@
100. London prime commercial, lOSalCHs; Pans'
long. 590a51sl Paris. short, 5l7iG51Gg; Antwerp
522la52O; Swiss. 5.22l $3.50; Hamburg, 35sa@5s;
Amsterdam. 4Os a4Oi Frankfort, 10000; Bremen
79a79.; Berlin, 7lt0u4.
Freights are firm To Liverpool by steamer the
engagements were 5000 bushels OF Wheat at 3D.
and to London 800 barrels Rosin at 2s. 3D.
The transactions at the Office of the Assistant
Treasurer were Receipts for Customs, sJOOOO; God
Notes, $4,000; total Receipts, $l5O725 20; total
PAYMENTS $7O5,O57 o.; Balance, $93,jO2,OtO ~
The earnings of the Western roads, the bulk OF
whose business is the transportation of grain has
were led to suppose from the yield that 1t
would be Immediately transported TO the sea6oard'
as was the case last year; but little reflection VIII
show that the present staanant state OF the bread
stus market is perfectly natural Last year. al mar
vest time the markets entirely bare OF Wheat,
and prices enormously high, and farmers huIlleu
their grain to market, and it was shipped lmmeui-
ately TO supply the pressing needs OF consumers.
This year the large crop has caused decline Oh 80
per cent in prices and the farmers refuse 10 sen,
hoping for higher prices in the Winter, ana WIZ
probably hold on until they see their hopes are Iue
Snccnafors are also waiting and not willing to
purchase at present figures. Added To thls' heaNy
rains have prevailed at the West during the past two
weeks. making it impossible 10 move grain to mar
ket so that although the roads at present are dong
less business than last year their prospects for
heavy business during the Winter and Spring
are promising. and their earnings for the whole
wear will show a heavy increase over last.
The demand for class railway bonds At private sale
IS reported active McssIS Joh CisSo eon ''0 az
increase of business IN me oohs o5 t non ~
per gold at l02 and interest The Treasurer OF ne
Rockford, Rock Island and St Louis ComRany states ta
tile sales OF their per cent Soid interest Duu, q. - ~.
interest are increasing 70 80 great an ehe nns' emt
coulany will probably advance their price = per cent
before long. over 100000 Of The S. Louis ana ron
Mountain bonds have been sold III tho past lev udle
About co miles Of the track OF the extension VIII DO CON-
T6e Central Pacific Railroad Is completed $50 miles
iaEe This is AN advance Of 2oo miles within the past
three months. The road has been dong large eoneI
cal business at the time. MesSrs FISK q iid'cl
report an active demand for cr per cent gold bonds
at 1O3 and accrued interest.
The reports of the railroads show tie following
facts i'll reference to their earnings:
Clerclsnd and PWs6qTgh.
lst week sept 1865 81. G63 ls57..-...--. 1920
Michigan SOuhGJl
ID week. s'i Gb i1,a and North Western
81 week, sept, 1865 sj6s9e7 ~ ls97--.-- sfa9o2 70
The weekly report of the Bank of England made
public today. shows that the amount of bullion in
vault has increased elS9,OO0 since last week.
The Netc-O Orleans Crescent OF Friday says:
Improvement Ihs 1es nAIss, "a, Ss SsSps p5ess To
have been ga. bot 'iS'G 2. 1sd rl l
GO orrg Of ..sL l e ~. Ts.s,S r r.T We r
In without Improvement 10 The demand q co5'e l on
boseyer e1porier. ycsy Of Aour tr"ari more
ieey and beng se'e end seael' pn' 'osIe as
Siec,sJ throughout bot pdc have rename ,ieaiy
Tie boston Traceier Of Wednesday says;
suriy tut ~ pressure ha' aa b. properly @ s.7a'
te. ir obtaining loans tine N the current rates % rtes, the
a-ys H. I t on Go,ea., All AZ . u o. o,a osg
Tie Midland Rnilroad Company is steadily progressing
with "a important work Tcy have contacted FOR The
grading of about o. miles OF their main line IA Fulton
County u2J miles from OsWeco 10 sidney FlaMs haspS
Dosas Tor grading about ~ miles ia Delaware and suit
van Counties Iis work will De- awarded on the 20h ~
next month when the whole line from Oswcgo 10 hid
dletOWu, ou the lac Railroad near tIe NeN Jti7e! STARE
line will be under contract except about 20 miles IN Dor
aware County The officers Of tile Company expect To
have the road from Oswego % sidney Plains the Junction
Win the Albany and susqucauua Road Ia running order
next Pail. and the whole line from OsWego TO New YORK
completed within two years
me report az tie Boston National Banks FOR this week
reflects the present condition Of the market deposits
nave fallen OF nearly million sg2s C52, and the balances
~ country banks have been Withdrawn 20 the amount OF
$50 no The LegaTendcr reserve has decreased over
Sl0ooo Of which s3o o72 was in Legal TENDERS Gnd NO.
on I'M sDece Loans have been decreased SB6yl. but
he bauk balance IN NcwYOrk and other cities las been
increasel s5fl51O Circulation has increased sl,2