New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-08-01
CONVENTIONAL AND MONTY MArrrRs.



market Tho Summer fever as 1, IL called is grad
ualh weakening the market Treasury Noies went 10
q and the now loan was offered a, ~ which, with
months interest Ia less than the loan taken at
hv the large There buyers At this rate
Tho market for Exchange broke down and the
best drawers were willing sellers 1t 90 Firstclass
bills could hc had o. ol a consdcrablc supply Of .
days bills on Baring's on the market The demand
ior Exchange quite moderate and she supply good
Probably there would have been more doing In TX
change but for the scarcity of money Sales Of l0days
Franc. were made at5lil.
There is some activity in Freighs and we no.
ucc engagements oftwo vessels for Cork and market
I sd 1000 bushels Corn for Belfast at ID 1000 bbi'
Flour ior liverpool ~ Ia; 600 hb's Lard at previous
rates. 7oo hacs Cotton for Glasgow At Tod Cotton
for Liverpool at ld532d; Corn to Liverpool is A. in
bulk
IL q admitted that the stringoncy in Wallst.
ha. not boon exceeded for long time. The specie in
che Sub Treasury is s,in accommodating and is nearly
million and three quarters. Payments are sun being
nsdc ON account of the onn well for Duties. One
Dot of $4,000 Treasury Notes funded to day for
foreign account
The report %. the Hudson River Railroad has
bccn published detailing the progress Of that work II
highly interesting New Workers and should BE- gen
orally rcad The Directors account for the increased
estimate, o. the road fret by the cxorbani claims Tor
land damages and secondly the change o. route IRON
tne interior 20 the River involving increased cost Of
s1i-66} That nearly The whole 100000 Originally
subscribed will be- PAID in the Directors see no good
reason TO doubt II has been and continues to be the
Intention Of IA, Directors 10 urge the completion OF the
road and 10 put IL in operation from New.l ork 70
Pourhkeepsie In the month of May or June lay ana
in tie meantime. 20 commence with the more din'uil
sections. those that VIII require the longest unle 10
complete between that place and Hudson 80 a 10 pre-
pare the remainder Of the road tor opening IN the year
~1 earlier II possible and they are happy 70 siae
that tho progress of the work IL such, rs To hHoi .4
reasonable assurance that this will be accomplished
Independently of tic s5oO1OOJ ,uDscrlOe' tne 'oH
pgnv have suhorry by the amended charter - borrow
100000, aut horty which Il is not necessary LOT
the board TO exercise until the S3OOOOVD subscriber
bos ie,n exnond,.d on the road The line has been
definitely located from this city 70 Poughkecpsie 90
inles) The general location hos been settled ron
Pou-hkccpse % Albany locating party comm hcgu
40 PouGhkeepsie early in April and nave since oeen
proceeding NOrh with revision oi the me 70 prepare
n FOR definite location There VIII be no cure nel"'eu
Fbk1l Landing snd Albany OF less than 3OOO ieet I'd
due The ,vork on the line between this city and t-h
k landing has progressed far that the dihcuites
tins portion may be considered as generally deVe
orad as al so the stability of the work Win the eX
cepon of about i've miles OF the line there IS no curve
less than 5000 radius. The grade from the point
where the line leaves the influence OF the streets ana
of this city 70 CIreenbu-h distance OF - 80
miles hos a total and fall Of 23 feet The j. ieet
grade occurs on entering the village Of POughkeepsie
Tt. par tor grading L. provide for double track
10 Pouvhkeepse. and single track thence 70 Albany
Tn- supsrstructure single track throughout with -
miles double q, pots. and Tor the meeting OF through
train The estimate for this L. ior grazing ana suPeI
structure S625514-. Expenses TOT Iand WIN uepOt..
c1nes and cars necessary TO commence business VIII
G. ~ probably a million more. That increase OF COST
from taking the river line, says the report Will be more
Inn .afed by the superior economy in working
the rosd sud the command OF much larger amount
OF business There are about 1900 men OF WORK
on 7he line between this City and Poughkeepse, the
m ost Of them between the City and Brcakneck hill Il
r. xuecfed there VIII be 20 least 4VO men on the Inc
i'm the course of q month The grading Will be 90 Tar
cnmpeted that The laying of the superstructure may
commence IS soon as the next Spring opens, and It j.
expected the rails will be laid down from this City 10
Pouehkeepse rs 10 open for use 10 that place IN
June Of next year when an important income may OF
!. lied upon Contracts have been made lot te ron
rails and about 500 tons have been delivered on the
Inc and in or shortly 10 be in use ss tempo
rarv track % aid the construction Of the road Con
tracts have also been made for about 10000 cross sleep
The following estimete has been prepared by Nj
Jervis and is believed to be a safe one.
Eliminated gross receipts me second year ne Road IN ''7''e
operation from his cay AlbdHy-
SUMMER BUSINESS. 49,.
$4,000 through passengers. 81 50 55s
7a1f0o yvav do 30 cts ............. 550Oo
Freight |''p
WINTER BUSINESS.
' Cubic s,p''a a of ne wes,ern R'iroad for
lhe four Winter months ending 3l-i -aoo,
United Mail for The year, 1T class 'ooo--S6 %
Total for the Io<
Working expenses aud maintenance of way &c. tlOon
Net earnings. ..............'''.'.'.' Soi''o'
The following is P statement Of receipts and ezpend
lures of the Hudson River Railroad Company from
March J, ls47 to Nav 81 1919
RECEIPTS. ..
PAYMENT on ln.tallmenfs called for........Sl 40" W
H. addition 10 the capal of : 0l6, 500, the Com
pauv have authority 10 Issue stock 10 NE
amount OF 5000 600. for the purpose OF paying
flUs
ri par 37i shares. '''f "
Amount rrce. we'd for interest on deposits WIN
ioe YSv"rbe, NEUTRALITY-SUSPICIOUS.. I46i 80
Total ,4oO4i 20
ENPENDtftRhs.
I Grading ..... .............. S5o,Sol So
Land Tor as miles OF road .......... X2s,s -
llrl for dep'ts ...........ss.......s i<5'i'i y
/ I.Apeuses. including office ilares,
rent. salaries 81 En- neers ana
Land Commissioners, and eX- si2io a.
p,nses connected with procuring
land ACKNOWLEDGEMENTS.
Iron .............. .................. bjCf3 ~
Cos sieep,r. ...................... II 20
Interest pay iueut Of Nov. l6i7....... &5@i3 ~ - 90
May, l84s S,s5' 70 - ~ 'o 70
Leaving balance on hand Sst May 1913. Of. sis5 so
The quantity and value of Domestics exported
from the port of Boston TO foreign countries during
the two weeks ending % lsis,
To East InGies.....ssi pigs Value 800
SuNrua.........s - '''''''ff''''' %, "A
Hol dur's.....-.. 81 tsss.''s.'.'-. 80
o,al..........482 ..............s29os
New-York Cattle Market. .MoNDAY' July 81