New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-02-28

In The Free Trade League Report NO p named ~
all who attended It's meeting the 2th in this city, Is
this statement The National Banks Of this city report
that the pressure discounts at the present time r.
without parallel since their Organization Believing
that this statement was not correct called upon the
officers Of two OF strongest banks this morning and
ASKED them II the above declaration was true ana theg
expressed much surprise as we felt when we read IT,
one Of them said 4" For the first time stree
our Organization, We have taken outside PAY
N order to use our money" Tie truth
money has been drug here in NewYork, aud bank.rs
have been put to their wits in order to make pay
interest. When money FOR weeks has been In gnss
abundance call at per cent and frsclass CONNER
cia paper has been readily takep at 6.a7 per cent "
evidence OF anything but pressure for discounts"
Such statement ought not TO be made and Endorsed by
such gentlemen as compose the names Of officers printed
OH the Report from which IL Is taken, II they beho
their policy right it is their privilege to advocate ~ oa
il truth win not sustain it, they had better abandon s3e
1eld get Secretary who will be more careful IN
his statements There other declarations equally ef
TOneOus
meeting Of the stockholders of the Northern Cent
Railway took place yesterday at Calvert station, Ba
more. Md. when the following gentlemen were elec
Directors OF the Company for the ensuing year: j. ID
Cameron Wstar Norris, j. N. Kennedy, L. C. BIddle. ca
Smith, J. p. Jones, a. L. Kapp, Wm Colder, Henry
welsh. Geo Small b. f. Newcomer. S. NJ ShoeUd ~
The report OF President j. d. Cameron presents IN II
the following exhibit OF Tie financial CONDITION ana ~
eraons Of the road for the year ehdihs Dec d. I''';
Rassv and sppprteu,ue,. and equipment sla '
Cash cash loiN
Iiss'as
usBlLlrlEs -
Capi,al stock = Y "
Bonds and other o4S
Amount to credit Of prcii and ........... gy768
Tie report goes tosay that the SINKING Funds have
Ing Fnnd amounting to SIt60O. The mortgage Tor S9 e
of the York and Cumberland RAILROAD Company. iae
gage for $4,000 Of the York and Cumberland Railroad
Company due the lst OF May, 1870, VIII be pac as
maturity OF the funds now In the Sinking FUND INC
entire earnings OF the Company, Including the main Inc
Tor the past year We're S5o57s3 81 The total eNptse'
were S3,Oe,9SO SO, leaving net revenue ~ S2s- 70
of which has beCn paid for Interest dNIehus, ~
SIH75 TO- leaving balance Of $l692J2 ~ TO be apP"
the payment Of the next dividend
In the OF tho 10 per cent Bridge bonds In fhs
TRIBUNE OF Saturday there was an error. Ine ~ou
met" was left out. The earnings Of the North Missouri
Railroad which guarantees the bonds, were, for The IA"
six months of 1869. si,235,3i7 an increase OF ''''
100 per cent over the same months in 1853.
Since October lsS the Boston and Maine Rain''n '
nAid in dividends s23j each share Of stock E'e" s'
dividends have been paid-the lowest 81 50 per Sh''''
1910; the highest q 80, ia 1880 For the la'' 80"
s. per share have been paid and the undiNe'u
Of the road IN May last were s9939oo So la.
The interest due the coupon bonds OF the s
and Indiana Railway Company. March j. WI" " ,..
according TO adyertisepent In today's TRIBUNE ~ ""
ST. Nicholas Bank. .Nia
Tho earnings OF the Erie Railway for second ~''
February were: sns,
,y,c reccips Of fractional currency for the We -.
,,o tolav amounts 10 sja4,7OO. The shipme"" :,
the same period follows: To tue p',,.,ny a.
baltimore $4,000 to the Depository ~ s,s- "A,
s2sooo; TO National Banks, t1cooi "''' ~,s,..n.,
Tina Treasurer holds in trust Us security io' roat.
Rank circulation, s3ll sos $50. and Tor pu""o saus
az SOS SOC. The INITIATED bank'notes p"'H' ,,r,ed
Sqo5isl9o The bank currency Issued Tor ols ,..asd.
during the week was ,9oJsao; the total anoans ,,sd
therefore ia sasss9sso The balance due ior a
notes is slc5sls The bank circulation ou',.~nsA
This date Is 500 67t 35i the fractional ouffs"'
and destroyed during 'helweek' sSso' Rand, Of ~
mann" p,r,aS Railroad Company due March vi, -
uald on and after that date ut the osnNih'