New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-03-12

TOT con- s. P... ses'Iok ana newlaVes o. wv
OF western 81 Nor s..,.. 79i rol Psoria ""''Sw D. ~
The following 10 the result OF the business at the United
/ States Treasury:
| General balance yesterday ......s si soise9 2,
Gold receipJs....- tzSzSt 2,
Cod pay inene t,,iSf "a
Gold balance ...-........-..'..''' "',ftas,S5 o.
currency 80 IA "a
currency pay 9lo'isoo -
General balance ..................... s44l4ss 80
Customs included in gold receipts. $4,000 %
The Chicago Trs6,tne says:
The law authorizing the issne OF the fract0nsi cur
rency leaves the provisions for its redemption TO tie ds
erection OF the Secretary OF the Treasury only restricting
total volume to S0O0OOO IT, then. Secretary B0nt-
we'll really has specie resumption III view there - an op
porunity for him to take the nrst step 10 that deco
by Importing few millions OF silver from Canada. ana
announcing that he viii redeem fractional currency ~
fractional silver II. at the same time the sna bs on
the gTeenbaeks be gradually Withdrawn aud large De,
nominations issued IN their place the necessity for sai
bills and fractional money would be the means OF estao
llshng specie resumption at once on sioyVopOo soa
$50 100000 Of our circulation and would eventually Dc inc
means OF drawing gold into circulation
1t was announced change Monday last, NJ
Chicago, that Mr.. W. r. Tompkins had signihed his
acceptance OF the Office o: Inspection Registrar also
that H. A. Tower d. W. Irwin. and Geo. ID. watkins
had been appointed COmmitteo for Registration OF
grain.
The Boston Journal says.
The Union Pacific Railroad bonds active There
appears to be question Of the ability OF the ROAD
TO meet all ito engagements. and the Inquiry u wncu
description il the cheapest where all are good invest
mens was stated at the meeting this morning that
Ia expected at au early period they would DC paying
dividends upon the stock.
OF S9s6 100000 Of gold which theiUuited states mint has
coined 1T92 s3 900 have been issued since $780,
out OF OF gold issued by the British mint since
1903 Rl5OOOOO have been coined since 1850; since l25
the French mint has coined 10 800 francs G6OoO
900 OF which have issued since $780, since 1864 nus
sia coined 626OOoOOO roubles in god or which %O
900 900 have been issued since 1850.
Wo have coined In 20 years amount OF gold equal 10
onehrd Of the amount Of our National debt; ahd can
any doubt ability to pay, when the work OF de
yelopnent OF our lnexhausble mines has but just com
mencedl
The Portland saco and Portsmouth Railroad has de-
cared special dividend OF s2 per share less Govern
ment tax, payable March 49, to holders Of stock Feb 20
This dividend s1soOON is the amount received OF the
Boston aud Maine and Eastern roads In settlement OF the
claim for gold dividends the past SIX years
The earnings OF the Chicago. Rock Island and Pacinc
Railroad during the first week in March, were:
ls7o.... sIlOSO l69.....SlOl5H Increase ''''slSsS
The earnings OF the Milwaukee and ST. Paul Railway
during the Same time were:
1869 ..... 5GOO5 1870. SOL 300 Dse'..'S'7oS
The New.York Central and Hudson River Railroad
Company have declared dividend OF per cent on the
capital stock free, payable April is. at the Office OF
messrs Duncan Sherman g. Co. A dividend OF per
cent has also been declared the certificates. payable
the Same day at Office OF the Union Trust Company
IN this city The transfer books will DO closed on March
10, and will be reopened April 10
The average amount OF tno clrculaVOn Vi DOmion
notes on the eth uit s5222soO. Held by banks, a.
6S04Ja Average CIRCULATION ol ehaItoieu p""' 'A''
| l24.792 81.
ETho following "a the movement In Dry Goods for the
week: Entered for consumption, S2.O7soSo Withdrawals
S9lG, 1853; warehoused. t26i,57j
Mr.. II. Kellogg. President OF the Phoenix Insurance
company Hartford Ct addressed letter to Mr. p. c.
Calhoun President of the Fourth National Bank OF this
CITY, in reference to the the eegraphc report OF
the Investigating Committee. in which the Tenth Ma
oua Bank was reported as the Fourth, which had eerti
fed OF checks in two days Mr. Calhoun, Pres
dent the Fourth National in reply to MI Kellogg says
Roth those papers expressed their regret at the mis-
take and volunteered to do they could to place the
correction before the public which was done on tne lo
St an official denial would be OF any benefit and might
be agarded showing more sensltlVeness Oh he suv
e1red In point Of fact the Qualifications of this bank
that time were considerably under is az hS a W
have far from 0o accounts IN al ana OF tns
~ hocrl And Of those we take none such accounts
entitled TO our CONFIDENCE from inc h8h
cantaI and business ability Of the parties AS an EVIL
dcnce OF our in receiving such accounts, we have
never lost dollar by any authorized certifcaton OF
brokers' check.
We give below weekly summary Of the condition OF
the money market the leading business points OF the
country and are pleased TO state that IN all directions
PR6vDES9E March States of Interest are steady at
last quotations per cent at 9anK ana gS per
condition Of the money market. ,,.-,
RICHMOND March s.-MOney on 1rstclass colaterals,
CIcAGo, March S-The supply of capital in the hands
OF bankers this city at the present time IL ample to
meet all demands, and the money market rules steady
and under only fair inquiry, very quiet at the legal
rate OF interest 10 cent per annum Money appears
ia considerable silver aoa several retail dealers paying
silver change to their customers as method OIL IN
creasug their business 1t is novelty just now, and
pays but if gold continues TO 90 down 1t Will not DC
many weeks before the practice Is general.
LOUISVILLE. March s.-The money market Is without
material change to-day There Is continued good de-
Ia Ia
Rates are unchanged, bankers dscountng all the good
commercial paper offered at 90l0h per cent; ,
Boston, March 9-p. m.-The money markets. reported
easter ana 1t quito certain that negotiations are made
more freely at ruling rates Banks are freely making
their funds IL locked up in renewals OF old notes De-
mand loans readily obtained on the choicest
are limited and generally at II to per cent.
PHILADELPHIA March lO.-The rates OF money were
mand The discount most OF the good paper offer
ing Atca to rstclass parties, money can be nad at
months paper is quoted at to per cent There is very
little business doing among the bill-brokers ,,.,
Increase in applications for discounts but this Increase
to large extent of " renewals. Of paper made IN
spper disposed TO and packers in bridging pres
emf the low rate OF interest now preyang ehactng
only fair showing Of assets, or genuine lndOrsers Upon
purely mercantile account there also slight Increase
ccasoned doubtless ~ the desire to take h1d a. tne
plenish stocks reduced by active trade vi gram
paper only light amounts are offered Rates are 9uV'aox
paper be placed ut 10 per cent In the outsde
MILWAUKEE March The banks report 10 Iron iuaS,rv
for loans. Regular customers ind !e dnleu ~ ~
supplying sss re MS4ai IL a under the
the declining tendency OF gold ,ooov market holds
nreity even and steady position The banks to-day re-
ported fair demand for currency but no marked pres
borownrs were as rule quite modest in their require
ments The tendency OF the market seems W pe W d"
oa9e. P