, 1869-06-01

tSere- 1t Is expected the cars VIII lie running
orera completed roai 10 niles west Of St Paul
lffoIe the tnoW nles-
MONETARY AND COMMERCIAL.
MONETARY.
MONDAY EVENING. May 81.
The Pittsburgh Commercial OF the e1th met1ons
the recent shipment Of ten thousand tArrets Of
nouf from Minneapolis by steamboat, ria the 4lIs-
stssirpl and Ohio Rivers, to P,ttshurgh. at a zata
Of freight only ten cents abose what the railroads
were charging for carrying the same to Chicago,
and saya: AIT did not take many such facts as
this to open the eyes Of the railroad companies
md those interested In them. that II they would
retain the trade III tts present channels concen-
trailing at Chicago, II Nas absolutely necessary
thai Important concessions should be made Ia tho
rates Of freight on both the railroads centrng
here and In the Eric Canal tolls. In many cltea II
might be thought iu}udlcious policy to help
disseminate the knowledge Of such facts
a. the nbore shipment of 1our, aud
some might think It damaging to the
prospects OF trade here; but we hold that Chicago
bus an Independent position IN this regard. The
network Of railroads concentrating here are not
likely 10 Aalow freight to be carried around them.
4 vast amount Of capital IS Invested IN them,
which canna. ~. drawn ont ann ta1 IN , rn7,a
OF trapsportatton somewhare e,se as NJ canjtsI
in ,tesn,boats ran. .herrforc ,so cnnt,,
OF all these raI1roa1is ia ,rr,ro.ah7y nIndocd
to bring tha nrndnca NJ tts Sos,h
west 10 Cbtcsrn. f}nr ro,,roana mn. mi onIv
Ahlc TO dety MI competition In the transportation
at the graln Of the Northwest, hut thelt Interest
is best served In bringing 1t 10 this city. Once
hcrr, 1t is Of vital interest TO the
IN a ,rent c.fcnt NJ Vow yn,s r,tr nnd -, , ,o.-,
,,nr,n NJ th s,ut. ~ ~ 49, ~, ,,,o ,.as.ss
~ ,1s ronnt-r .hnrld -nrr. o,.t ~ ~ 1a1 49,
th E,to c,r,, c,,co ~ r-s,,o .rho, 49, aa,a.,
IN .os.s r,y-,,, ~. ,a,,. .n1' -
49,, - .'sVau, -. .. as-oecateu y
.1' wv -, y. p1oeaes =. .Ms auaM1 nAsc leAt n'
... ssSN. eV ~. s,'a' .usy os wv az
soaossa tues. alAs ~ s0ceess1a! noi
aus, ~ 49,, ial aua eonce''ta, 1au AeA
eA."es t.eA o"n nnteies.s ~ eua1s"s eAospi-
,ans,., en ."7 taA@ plaee II
- r,.,.a. " .n p1s'oes u'efess
y, . .ko, 10 "en ~ tae fest o1
.''.os.. .eun., - sUn. sueu ttuAeat 0ufe'se
rn,,'..,aa ~ ~ Nt'es s3aul ttAns
t' .sA raettp.So oi.i1ss uP' a..', =! eoupes!-
49, a..s .:.,.s ~ >. ~ tue s fAssonsa
so'"-s ~. "'o Aen. - WV NV taAe M n+AAy oaen
ns.,s W VIZ .as s.sa Va WI iau'oA co'niau'es.
4ne !.solt =, t"N' 'aeis - !aH lfospect tnnt Au
eaoiA Ansue utses WI uc 0oa'eu' Auu tnat traue
VIII ust only contuue. DH1 increase Ia It's pfescnt
channes ..,.., .-.-.
Duf1he me last session OF Congress wheu-
! ever ~ord wss said about restraining
| the Irregular practices Of the New York
/ National Banks several OF Them hail n
f,s,,nn ~ .hra,ta,,n1 .s,o -o,n., - ~ s,a.s
| 1eHt. 4ne result OF SUCH III act'on Wou!o haFe
'een lttlS to result in Inconvenience to none but
themselves AMI there WIS prpballF ycry .tle m
| .cn.inn M 1heIr nar1 ny ,natinr tbo shave, nh,
rocent ,fac,snn ~ A,,o-.n,. 1S,a-s, ~. maa ~
rese -, .nc ceh.nes. ., mtto e 1ere oot u. .ne
Eank Nf albany, y. T., will probably prevent n
poo deal Of such talk in the fnturr The Attor.
| n.yccnc,,, ,,rcs II 40 ~. o,,I,ta,, ,na+ 49, :.
| a.,,, ~ ~ E.,es :. 70 h.s opin'oit .o@'n
>uuo1a' nauh ~ usssolFea attct Meetlng us oDil-
cations, It's property may be assigned to Il State
corno1atiou; but this dissolution cannot be COM
rrte ,ntu it, circulation ts rcdcc,c1 ar ndcouatr
49,. ~ 49, sesA,a ~. .n
United States Treasury. Cnsu this Is done, the
bank is subject TO all the requirements OF the Iaw
muht make liz rrporf. hold fts reserve and bc roy
| -, ~, ,,s .,x,-,a,.,'. ~ au .e.,,ss.s :, oo
! ~ go - .sns,r a....sot - ~ - .n,..,. a.
- ~ .i. ~ - ~, 49,, ~
49, -..I - aa.', r'.s 49, " $500.
"sa.s..o - .h. ,sn,ot.s,. ei.. ~ .hs.
raa' ",,ea 49,, -, 4.,,rt,ssst;,,- -, o,,e., ,s,ns
,no rr,ro n. l.ro,1 rhe-., ,e,t,1na,c caracv
- ~. ~ 49,, .'s.,.' s....a. .sss..s
""u1a .I'.. e.. ~ ~ 49, ssra""os
:" ''Aa svn.ee.o. . WV .oNes u.ss s:".
M" M" w. ~ a.n,sm. ri @ hnn .n's ,s.,, -. 90 -.
| ,,o., ovon corens No ,,,ca ~ !. ..,.ora - s. -,
thc s,,cs NJ roi,1 hr the Tre asnrs. 49, o'''~ ~
! u1n ,na n1.t p1,co tha .o,.hino,,o, ~ c,n,t.,
Invested In guli Is MISUNDERSTANDING uulte coua
| tu thas of ths. gorer1nnent: and operators arc
ahreWdlF Watching the chances ~ maxim. mel.
n."it ,1v... y. ~ -. ,.' ~ ~ ahor r. y
| sai.s When TIC government nfunoses TO scji .
quantity Of teld.the general impression through the
,nIss. - tnat me rfles VIII t!ecIilr; thsreapon
@ WI m ~ ~, s,f 81 h @ ~ ~ 4ulss wv ~
cores ti,,1acEsc II tic r1ra.1,ir,c, tic oi colr
! 1tcat,n takes 81! the gold tho government part:
win and then advances the n!1ce az lar as Is pm
VIII, os ~. .n ~ % s,arotn, e,s nnrchasn ~,
| coit ii ihc a,fyaocrI rates cal cover their con-
! Tracts. AMI safely ne7crt that, az tho comb!na
hon !lrs nothns ,'eittf Iiiaa Q tasVe snolt ihte
Tntns nt,nrc n in"t .jirection as i IL snre !,
iEnr around the vef, thug tncy pray Tor ana u
! II salt, estty time the government mako reop
ncMes tnat 4nes Wtl re'isfee me price o. gold
MI ,xi,I rsr h nS,c ~ ,.,,;
-,x ,,,,,, ,Sno-r :. 49, no,,,ro rorroe, ~ -,.,
,,stancc. wncnrrcr ,hcTc !. a tenHcner r., IN
,rco oe c,,,1 y, o,..nrn fro>, cnr1mo-.i,
eas. nuf ,,'a $500 rea, w. :, .sar.-a+
.r1 for ,l,.. ,.r,,1. nf trp1n., ,1o,rn thc rrlre
IL. 10 ,c,,nr II, nnroa,ton ,n fo,1.cs trc.,er tna
. bia own nowcr a,,d ,rouvn tne tmn,e,,i,,a r,.s,
,,,ax w, :. ar,N. Il, h ,,+e. Nv. Dna1 r.s,, Il
,inner ,,rrr ,I,,,, ,,,a onn nj wi,tcn hc l.yan ,
sn1 u dnrn
Ttrrr Ia tn rrner,, a better tlemaoa for none
IN tho ,o,.1 uo,tat nrs.,ro rro,o ma orna.cr a,
t1vf,y IN ,ha c1,;n ,n,rSet i lnrrr amonr
-, ,,r-arcr h.a hcer ecn, onf in,o n
cor,trr ~ ns. nv cra,n. hnt n has pof hao,