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MONETARY & COMMERCIAL

... decided to issue 50,000 new shares, presumably to purchase the Chesapeake and Ohio line, of which, to put it mildly, no one speaks highly. Then the persistent rumours that the Union Pacific likely to seek the aid of the Receivers, and the doubts expressed ...

THE MONEY MARKET

... 7^4 ; and the Second |, to u'J. Nothing is disclosed by the report for the past half-year noticed below, but the Directors speak of con- solidating all the Company's interests in Canada, which is a wise step, if practicable with equity. Mexican Railway ...