New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-12-07
following arc William Heath & Co.'S last quotations

Money was easy at C17 per cent on call upon misco
lancOas securities, and per cent loans Govern
ment bonds. The rates on commercial paper continue
unchanged per cent, with transactions mt
cent for prime paper.
Sterling Exchange firm on basis OF 1904 Tor
bankers GO day bills.
Freights-To Liverpool, engagements. Two vessels
"a brig aud bark to Malaga, with light pipe slaves, At
5000
The books Of the Cleveland and Pittsburgh Road closed
to-day for the annual election take place In January
Under the present the road has been placed
upon sound diyidendpayng basis, having earned for
the past year per cent Of which per cent has been
divided among the stockholders The present direction
arc largely interested in the stock aud the stockholders
satisfied with their management. The prosperous cond
ton OF road however has melted some parties 10
attempt get control They do not the stock, but
are IN the market buying proxies to vote on paying from
onehali per cent for them II stands every stock
holder who has any interest IN the road to hold on TO his
proxies and not allow them to be sold by brokers until
they understand by whom they 10 be used The pres
ent managors honest and economical running the
road. They viii receive the proxies OF any stockholders
who desire their continuance in Office, but viii not buy
their election. The stockholders control the situation
and If the road passes iuto tho hands OF spccuators
VIII have one 10 blame but themselves
EEw-YoRK CITY BANK REroKT
specie....... sl5,7sG277 sl76H.24 Inc. S.ss7ss7
Legal Tcndcrs..... G2A4o2J6 DhJ24'O Dec. 2HldN
Total reserve s7s2sc40a s77isc7iO Dec. sl,o5a7ls
Deposits sls74iss95 .s9,s4sa7 Inc s2,4e49s2
Cireulation...-..- si'2si5Ga a'2Si''69 Inc. 1906
Total Liabilities s22I 1899 SPA Os.576 Inc. $2,1g517s
rs per cent res. 6J,426.A9 6t'O2i,GH
Excess over legal
t22,aOoo94 s2iii2co6 Dec. slcss539
Loans. 2i,3SdOo7 29I9loO5 Inc. 5lOjHs
The Bank Statement shows an increase In specie Of
81 S57987 in Deposits Of t242I9s2; Circulation has dc.
creased s20904; Legal Tenders, S29I773o; Loans
creased $5O5sl8 This increase on loss OF reserve OF
$C8s,53s makes bad showing for tho banks who
banding their loans upon steadily declining reserve.
Tho Cleveland and Toledo and Lake Shore Railroads
have today declared dividend Of a per cent making
the total dividend for the year per cent Upto o'clock
no injunction had been made against It's payment The
books Of the Northwestern Railway closed today pre-
paratory to paying cash dividend per cent on both
classes OF stock free Of Government tax Tho Cleveland
and Pittsburgh Road Will also pay Its last instament of
per cent due this year before the books reopen II ia
anticipated by e present managers that they can safely
divide 91l0 per ceit next year.
The President Of the Eric Railroad Company makes tho
following exhibit Of tile condition the property and
the steps taken by him to improve it:
Shortly @.er became President Of 81. cOapan ues
% TO % s1 s SSo Tt s. sS md s3yrsoes
way Co'psHy ss STe It's e.soee T. as STATE was oun pur
and ihe naesS Interests Of The state found tue sqaPmeu
road both ennt' sud ca Inadequate Tor It's business There
shippers not greatly suffering Tor want Of ears
In addition 10 these local bound
Western connections They been greatly
suffering from inability furnish to bring frd
freight Much Western trade thereby f.u
10 Philadelphia sid Baltimore. I
furnishing the road with ample equipments
the local Of the
iec,ns Of The Company In eoy The Ne
Central aud Great Western Railways forming line
SuspeG0n Bridge completely
link Of tNeu niles Of rod between BuGao
Bridge entered negotiations With these companies re-
being RAPIDLY
JIv the Ehe Railway will be doing fair share az
the basiae, Of those companies between Res.Yok ard
Niagara Fails Suspension Bridge Chicago
see ,rpec derive O from million dollars
pon Of the line single aud the Of business
great tha, almost impossible to The vas. % 81 the
COMPANY o,er Frequent delays both and freight
esnt Thee deaTs injured the ane Of hue
which am doHhe tracking The road "a rapidly pos
from Buffalo bonneville East Corning West and The Delaware
division VERY entire line between Buffalo AID NewiOrk Will
have double saving hour IN the running Of passenger
capacity character Of the iron rails so dtdent
guab that considered the road UNSAFE and immediately called
assistance the best talent and The eouh and Ne
az. now manufacturing steel rails Al a rate NhSh
VII tn entire line between Buffalo and Ncwfcrk IN about Two
years aud We have already ~ miles Of steel rails laid ihe eastern Nv
found he rad IN bad shape the supply Of feel aud lie great cos
hb'usb we large blFlng mhfn
OFT a. retail prices aud our fel oing $1,000 an
Lo mhR coal ~ mines Of abs az ~ 30 ian or
a'R" nearly p'NOO Ia tie single item ~ iuc alone lhtie WIS
another hosht &itr presented tony attention a. eay day
h"het l M OF narrow Al Webi,rJ Connection eE
optg we AuaHuc tni eat Ntirfn, gauge,
@ ahlMnt u LClrO gfd uHuk4 Of through felIt
't - over tie Iu-df willie tie competing hls 81 tie
tth YORK fcl'r ard Ptllstt.rit Ctaf..l tl.r.
N