New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-05-14

worth from go 10 ~ per acre. apart for the gradual
payment ~ the State de5t OF tue 'er 100000 acres
some OF the best cotton land IN he STATE Arkansas is
rsn ia ron lead, zinc marble, ca gypsum salt &c.
farm products 100000 Arkansa. bas only 95 miles
OF railway IN operation, and I,20 miles projected, and
most Oh the lines are endowed with land grants from tho
Gehefal or state Government, aud loan Of the
state credit not to exceed in the aggregate 80 miles
The ad OF the state is pledged TO Memphis and Little
ROCK ROAD ana the extension t. Fort Smith the Ms
sissppl, Olacha and Red River Road the Little Rock
Pine Bum ana NewOreans Road aud the Caro- and Full,
been Issued yet 10 the Companies. and the bonds are
made payable to order or TO beicr al the request Of
Treasurer, Mr. Henry Page to make the 6o SS
hereafter Issued .Sn payable to bearer. The re-
s2,ls3,O0 81 The amount Of the State debt is s6OiI,
There fell due also IN l'65 sl5Oo n sterling bonds, all
held in Europe, none Of which haze been paid, and
5000 due for Interest IL also unpaid. The inieres, on
current bonds payable In Federal currency aggregate Tor
the year 1870 Syl,36 The amount Of bonds past due
and falling due in 1870 is follows: Past due Federsi
$4,000; due in 1870 $1,000 sterling bonds and Interest
100000; total, sil,5Oo; interest current bonds
s39i, 3l5 total due this year, s732sI5. '
The earnings OF the ONO and Mississippi Railroad
during the month OF April were:
zos3l Y ls99.... s2tioo g Iarre,e go 20, "a
The increase from January TO April 80 wa- 500 705 r.
The earnings OF the Pacific Railroad t5f Missouri 10,
the month 1s OF "a Ap a1 I wsre;
We give below usual summary Of the condition q,
the money market at the leading business points:
NJ, TEL e"od demand o carerer S. s % .gs .osa
bob aceount Of checking and b, b.
market represents DEGREE n act vt
general trade and indicates better STATE Of 4d respect . n.r
camille collections than for zone tine preUousy
MEsPH May a-we have few important changes Seas,
eisl the week the most serious Of Which i the teneey
scarcity egTe1 which : booming NOR s'sy ta Win
nearly 20 600 600 Distributed through ms e ioI eo,,on a'
certainly does strange that oar planters should Be he nNe
Mscos May s-The money market eonnues ey IL. s..t
demand for accommodation comes from the piantrs-
o s5Ss, Sy .me Nth az nnlan 10 f5or Of e d a' NJ.
in standing pay cent and thoe Keeping deposit a.
counts good favor, make ter Ter o.s
sJ Lo. NAV io-Esnaes Of the condition or none. ,,,.
widely differ Most Of the ban reports oe alnr G stvs
EMPLOYMENT OF money Yet COMPETENT otrVeH tssr TIA. ,,,
amour. capital awaits employment AID that there dse h,
placing outside otng, even The lowest ess t.e
ogening and fair demand for local bonds daily Increasing
CIy1ISsAr MAY 1.-THE money market Il WORKING ozbrh
Regular depo,iors accommodated at sO er cent Coed uss
Outside lOa u per Government -eesntes Per Tur
names outside sold to-day at u per cent - asy das Az - psr
falling paid promptly and none OF the oterHgs are Of sa
tive Character or long date easy market Or the ssa.
anticipated b. all parties Several o the oese brokers
thew have money M rate for good shof ~ bgass pr
MILWAUKEE May lMoney Sery easy aud eiehge arn GA
and L. \. Bonds unchanged
CHcAGo NAV 1.-THE abundance n money in f' nai .enn
again the spectators have u- ie1h oo' M NTH Ne bye
Of three Hilons Of s1rp. ilna 10 ne s.e n2l
world Business the banks vas tnhe more H'e " nSoh
money plenty and Tie banks ooa'nae % mac ne os
per cent Discounts merchant paper made a. 10 per cent us
the country continues very bSl AL p
balanced by the amount coming n -.-,
and without change Commercial paper The be quality really
and the at y cnt ah at tbs rate hon eaal
Muw.rKyE l0The banks report the tensnf Tor MONEY oas
moderately active while the supply Of oanabe funds snl 40! Al
for nme paper CaI loans arr quoted PER
PH.DELPH1A May IThere unusually nsrie
DAYS paper selling 5d cent 90 day to uons pspn4
40 per there little business paper aAng The &
however very generally acknowledge applications from borOSe as
equal to their receipts