New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-07-09
Coleman Benedict reports the closing quotations. at



An important railroad meeting recently held IN
sandusky and in its results this city largely interested.
It was there resolved TO construct short line railroad
from Dayton 10 Cincinnati 10 run IN connection with tho
Cleveland Columbus and Cincinnati and the sandasky
and Cincinnati Roads, and In connection with the Lake
Shore and New-York Central and Hudson, 50 that the
new line from Dayton TO Cincinnati will give the New
York Central and its Ohio allies independent route 10
Cincinnati either by the lines running sOuth from Ceye
land Sandusky, Toledo. To the Cleveland and Column
bus line ampOrtant bringing into active play the
Springfield and Delaware line, secured years ago IN an
cipation OF the contingency which has now arisen, and
aording the Cleveland road shorter route with greater
mileage Of its The meeting was attended by Judge
Sloane sandnsky, Amasa Stone, Jr, and sesh Cham
berlan Of Cleveland, Jacob ". Pierce Of Boston, H. G.
Lord and others OF Cincinnati and Horace F. Clark and
James n. Marion Of NewYork These gentlemen repre-
sented as officers and directors of the NewYofk Central
the Hudson River the Lake Shore and Michigan Southern,
the Cleveland, Columbus, Cincinnati and Indianapolis,
the Cincinnati sandusky and Cleveland, ana the indah-
apolis Lafayette and Cincinnati Railroad Companies.
The following shows the result Of todays business at
the Sub Treasury in this city:
Cod recpt l2tsl2 90 Currency P:y@ee'. 5
Gold baaHee 7'976 9 3 . Customs ''"
The earnings Of the indianapolis, Cincinnati and Ia
fayette Railroad for June were: ..,.,,-
60.... Sl59 5l % 1893 - % 800 ~
The Des Molnes Valley Railroad Il row running
cars from Keokuk to Fort Dodge nearly go miles up me
Valley of the Des S9nes River; The DHdge over ne
Mississippi River nj keokuk viii be competed ety ~
the Autumn furnishing another through ie To tentiai
Iowa and Omaha shorter u,an VIA 1i,o TED a. 10
sales Of the Company are lncrtasing, ha4lhs 9ini' 10
about $4,000 for the month Of June The Lana Grant
bonds OF the Company, advertised by hesors Ozark,
Dodge Co. bear per cent interest, and offered on
terms that yield nine per ee"tper d""@" on e money
We give below our usual weekly summary Of the condi
ton OF the money market at leading business points ia
BosTcS July There s quite active depaDi for loa' %
Y m the GsTs r. YET t pI fs has s e E APR 81
actively There plenty Of money for factory pt - per
psrer short viii not 20 beo that Good fair paper At Q! 70
CacaGo Juy the local money narE the demiad o money
Is sail quite afye but me gram seen1ton een, ng9a and me "
currency also slightly vo Of the @ against the county.
and % ,he Whole 0s 1,ag, b 'oss s' s b Sl
grain here now against 800 90 this tine Lac; year money an
PEoyi6EScE, july The money market continues que add s,
moatbs b. the banks pr snd
ISplASAPoLIs July 6-None ard in larger supply than
week rates interest remaining qnang AZ 10 f eat at
PoRTLlsD, JAY 6-The money market rules easg.
HARTFORD, July 6-Iiee little II any change the money
market the reports excite bat little Interest Ties uHionna
character Bank s,9eEi ar strong aId are g high
and Mechanics At 5 Bank stocks ar only boz b, BY con
L6GisvLEs JAY There Fas little better spirit yrce be
opey market TODAY I'D discounts more freely granted
taken TO y cent All other grades however receive the cod
u
mark, and the Of employing j. matter of comment
Jgly 6ihe OF the Osnas
demand for but have change report TIE r
inside offered by regular depots which 20
10 per outside days date c ~ pr
cent strictly prime. per Money call peT On
10 run, 10 per cent
market has shown
end the Of demand tho
has qloale advance although bear "
the fraction above The
ruling outside still lJd2 cent aunum for Al notes
cured by prime coaea lrs class business paper without coa
erals and a II for gooi and second-clsss
1.-THE market continues close
In quarters tie demand to-day reported less AMI hre
having al do meeting the calls and
and the position remains decidedly hi he hanks
finding order freely from The EL The market
fO q
Jlv C.-Tuere rather tmanl
but that The increased for cah lom4
ardent lenders pof, % behave
per cent cgurt with the credit Of The borrowers and char
colaerals offered Most OF the Transactions
Commercial paper sold freely months notes, with double irstciss
names Opposed OF 0 y az per cent The later teug
the uBiusdahe retelou ~ the 00 Income
likely that Congress In The time ~
len work. will cousuminae tnau measures at s s'u'
interfere the " and trade
Pr1sBuKGH July 5-Ihere present real 81 money,
still considerable felt for
adjust balances but this f
grounded that local discount
condition an It's phases, the Eastern
eKceeng plethora that Mcu
placing the heavy Idle balances that TapaY act,mtug
followed by absolute reaction the discount yesterday
somewhat lighter hin To be- expected There ioEtyer
fair demand for mercantile accommodation, ard rates AIRY main
There considerable q Iaand from the
this than supplied b. the receipts Of collect IL
periodical settling DAY and 81 pnuceis u couJoas Sc Eeo
exchange, therefore. uml' he'd At between banks