New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-08-01
COMMERCIAL AND MONEY MATTERS.
For Sale, Of Sroeks, Sc see Fourth Pace.

There Is nothing new 20 notice IN the stock
market. The Summer fever il il called, i grad
gal'y weakening the nsrkct Treasury Notes went 10
3 and the new loan was offered a. q. which, with a
months interest is less than the loan was taken al
by he large takers There 10 buyers at this rate
The market Tor Exchange broke down sno the
bes, drawers were will NJ sellers a, q. Ilstciai'
bills could be had a %. considerable supply Of 8
dsys bills on Earrings was Oh the market The demand
for Exchange quite moderate end the supply good
Probably there would have been more doing in TX
change but Tor the scarcity Of money Sales Of l0days
francs were made at 5l74.
There is some activity ia Freiehts and we no.
tee engagements Of two vessels for Cork and market
a., I'd 10000 bushels Corn for Belfast "a 1909 htls
Flour Tor Liverpool at Il 900 bbs Lard at previous
rate: 40 bales Cotton for Glasgow at 3l6li Cotton
Tor Liverpool at as SD Corn to Liverpool Is a in
bulk.
IL is admitted that the striugency in Wallst.
has not been exceeded for long time The specie in
the sub Treasury is s,il accommodating and is nearly
million and three quarters. Payments are still being
made on account Of the loan well FOR duties. One
lot Of $4,000 Treasury Notes funded today for
foreign account
TIE report Of tie Hudson River Railroad has
been published detailing the progress Of that work It
Is hghly interesting % NEWCOMERS and should be gen
e-slly read The Directors account fer the increased
estimates Of the road BY the exorbant claims Tor
land damages and secondly the change Of route from
the interior 10 the River involving increased cost Of
$50 Coz That nearly the whole S3OJOO0J originally
subscribed will be paid in the Directors see no good
reason 10 doubt II hss been and continues be the
intention of the Directors to urge the completion OF the
road and 10 nut il in operation from New-York 20
IN he ID Nav June. l-fN. AND
in tic meantime 20 commence with the more N ,ult
sections those that viii require the longest time 10
complete between that pace and Hudson 50 As 70 pre-
p4e the remainder of the road Tor opening IN the year
i5O or earlier If possible and they happy 70 state
that the progress Of the work "a SUCH "a 70 afford every
reasonable assurance that this Will be accomplished
independently Of the 80 0O0000 subscribed, the Com
pany have authority by the amended charter TO borro"
100000 an authority which il not necessary Tor
fhe board 10 exercise, until the sJOOOOO subscribed
ha- been expended the road The Inc mas Deen
fn.teiv located from this city POughkeepsie %
milea) The general location mas been seu!ed from
POUCH eepsie 10 Albany. locating party commenced
at Pouehkcep,ie early In April ana nave sinco oecn
proceeding North with revision 81 me me 10 prepare
h for definite location There viii be no curve between
Fishki Landing and albany Of less than JOOO ieet "a
dius The work the line between ms CITY ana flsh
XIII Landing has progressed far that the difficulties
Of this norton may be considered as generally deYe
oped az also the stability Of the work WIN me eN
cepton Of about miles Of the line there IS no curve
less than OCO feet radius The grade from the point
avenues of this city Greenbuh distance OF I5r -
miles has total rise and fall OF 2l3 feet The 10 feet
grade occurs on entering the village OF Poughkeepsle
The plan for grading II, to provide ior douDie uacA
10 luhkeepsic and single track thence 10 Albany
For superstructure single track throughout with -
miles double at dep6s and for the meeting OF through
train The estimate for this is Tor grading and super
siructure s623574e Expenses for land with depots
engines and cars necessary TO commence business VIII
cost probably million more. mat increase OF cost
from taking the river line says the report VIII be more
hV the superior economy IN WOfhluG
the Toad and The command OF a much larger amount
of business There are now about 5000 men at work
on the line between this City and Poughkeepse, the
most Of them between the City and Breakneck hil II
is expected there will be at least 1000 men on the line
n the course of n month The grading VIII be so Tar
completed that the laying OF the supersuucture may
commence AZ soon as the next Spring opens, and 1t l.
expected the rails will be laid down from TINS Cly 70
Poughkeepse 20 open II Tor use 10 that place II
June of next year when an important income may y,
relied upOn Contracts have heen made Tor the IRON
rails and about 800 tons have been delivered on the
line and are use. shortly TO be in use, as tempo
rery track TO aid in the construction OF the road. Con
tracts have also been made Tor about 1OOo cross sleep
The following estimate has been prepared by Mr.
Jervis and is believed to be a safe one
Estimated The second ye1y ne Road N complete
opey0fioa from ihis CITY 10 albany.
SUMNER BUSINESS ..
100000 through passensefs' 81 ~ ga
100000 way do a 90 cis''''.'''..''' 1900 SC0Co
wINTER BUSINESS.
Gross amount Of freight and passengers
double that Of The Western Ri road for
he .our Winter months ending 3lst
March last. .362 28X2-724,l58, sdy...foO wv $1,000
United States all for the year, lst cass 4ooVo-S
Total for the 1900
Working expenses and maintenance OF way 6lOVo
Sei earnings. ~''"O''
The following is statement OF receipts and eNpendi
tires of the Hudson River Railroad Company, from
March l. ls47, TO May 81, 1913:
RECEIPTS.
PAYMENT on nsaments called el,5'sloo w
10 addition to the capital of }Ol6)OO' me Com
pauv have authority 90 issue stock 10 me
amount Of $500 900, for the purpose Of paying
interest OF tins stock there has been Issued - 40. 90.
shares. "fftNV ""
Amount received for interest on deposits WIN
the New-York Life Insurance and Trust 20. $500. 80.
to November l, l8f7.............'.'. 91,io 20
Total receipts. ,l5O7H Gs
EXPENDITUREs.
Grading ............. ..........s... Sooo'ool %
Land for IS miles OF road. .......... 2S26oy ~
Land for depOts. ................... i<olol "a
T. Expenses including office salaries,
rent, salaries Of Ensn ana
Land Commissioners, and eN- ho-ib ~
peuses connected with procuring
land ...............ss.s'sss''.'' 1900,
Iron OBSERVATION-DISCLOSURES o'o.S w.
Interest payment Of Nov. lSi7....... 2o2i9 - ,. %
May, l8i8.....s 2rsJ' 10 -eiJoyo W
Leaving balance on hand 5st May 1913, off, ss7l45 50
The quantity and value OF Donestcs exported
from the port of Boston TO foreign countries, during
the two weeks ending 20 lsis, was
To East Indies....Ssi pkgs Value ........s2 go go
smyrna. ss......s @ ''-f'''''''''- 80
Honduras. sssssssssssfss - ~