New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1849-11-10
70, So'9 u 5ia,s, a.. so SccriA Fas'

improvement la Bank ard Insurance siacks Vi;di9
taifly tays Ia tome csses this improvement has
reached and per cent The demsnd ir Investment
b. them Is Ins.d~stir Induced y the arg ci'dends
which ihess iIst.u'i5rs have bern recently m-kHs.
IT, Exchsoees there - notl NJ u imPoue' &c
dog TIE quotations are dull ~ %; a loi per cent
rre.el.s are ratser hcsgy, '~t there 3, AR
amount Of produce o6-uog koe.gsuent' ROO
bushels Wheat, a Com Std foUr. 100 5b's, l. 80
P.el3s. Heavy Weight -, lJs Cotton, ia ~ 3!5,
yi.a or.ss. ni.nts 100 O. go t4es TO Hsyre. &c
ffco,'oD, vi,b cnses,mert, 10 Hsmbvrs, $50 tee
Rice, 3Js
Tn Receipt. stthe sub-Trsssur, were 80. a3l.
Payments BOZ Balance s37e-fyJ
The an INT of Fedora SICK issDed to foreigners
from Gta oct b.r t. ID November &, s7oG0O Of which
s}I7 20 WIS u tie loan II Is57
Ire receipts q the Mchisan lathorn Railroad
fr the three onths ending LEI OF November exceed
90 90, which 10 a handsome Increase upon tae ~
c-ips- Of the months for previous year, Thee
r.sgts indicate total IL Tor the yeaT ending Aug
J. l-jo Of $4,000, which, after dsdac,ing oue bali
fJl exy epses, would pay dividend Of 10 per cert
upon the existing stock OF the COmpany If IA ihe
present unGoiincd condition Of the rosd II cln ram
aud Jsy TO- even per ceat per eDnum % i,' stock
loccfs a 10 evident th.t when compl,ed "a Chcseo
ugou tie direc, route now cont,myated 81 vii prove
enc OF the most productive roads 10 the country
The damage t. cugiacs snI cars by accident
upon The Hsil,m r al near Moussnis = lev osys
since, vii be only some s2tCO oouo Of which fas IN
the Harlem Compauy. A'uf ra' been commenced y
tho New Haven Company sgaiust Mr Bsibgsie he
Owner Of the cows, Tor osueges
me years since Raj road was consTu,tc by
Company under the rame Of tho Porl'moutn and
Il Janoko Railroad from near Norfolk, Vs to WELDED.
n G. 20 mics 1T n cost Of about 81 500 600 TDis
road after fsS years use, 0roke down. owing 20 It's
very in 2erfec, corttructiop o. Its berg deeply IN
debt and body managed and was finally sod under
execution. Toe remains Of this rOsd came into tn
hands OF n new Corporation, under the name Of the
seabonrd ard Roanoke Railroad ComYaoy, on ne
condition that it should be- instructed aud put into
good condition within a given period. According 10
prnt exhibit Of The sfsirs Of the Company. no" he
ilru it will require about million OF dollars to put
road In 5oc condition. with heavy rails oecec'ssfy
motive power cars &c ard 10 exteud II IA miles
lber 10 CASTOR then uteF'cct lho area, Southern
Lae t, New Orleans. Tho grading ana bridging OF The
old roa' With repairs, viii answer for prestIt
US, as also the depot, aud is worth, at low estimse
s5OO OO which 10 donated g. the ftockaoder. VI er
the new srrsugeme,t 1t.
The new Company hsvo already procured subscrip
tons TO the anorn Of 5000 600 including 500 0J0 sub
sciibed by the City Of Norisls, and seek to obtai1
the residue by subscriptions iu this City Books or
ths, purpose Al open at the ,fice of tho ClmPa
ny's agents In Nall Ct
In a recent lumber of paper published IN ,his Cl,y
noted for it's assaults upon the Lre and NsN Haven
Railroads was violent and Just attack upon the sea
board aud Ro, aokc Railroad Company, is plans aud
prospects and imputing fraud aud desgn 10 deceive
ON the fart Of the gentlemen having its direction aud
Management
While we dscsim personal knowledge Of the merits
of tbs road IT, rivals tho Richmond aud Peters
bursh ucs ye, ws are advised thst the gentlemen VII
signed tho pampet Directors sro highly respectable
and entirely incapable of entoriaDg the bsse purpose,
imputed to them that in all reasonable probability
tho road viii when con po,od, pay handsome dividends
70 il. stockholders the management Of 1t being in the
hands OF New Eoglsnd men eSpei fenced Ia such mat
terra The object Of that attack doubt, to pre-
vent subscriptions here and thus stop the progress Of
the rosd. la this the authors viii be most sigually
disappointed it will be made, aud tia, speedily.
To show toe opinions OF those who ought 10 know
beat We annex extracts from two Norfolk papers
several other Southern papers speak in as strong
s.rms but the length OF tina articles prevent their
insertion:
We made Yesterday lew GemsTs' on tie subject OF
the Seabosrd und Roanoke Railroad We were isdaced
% do 40, by a sempt thc part OF some bostie enc
eager opponent OF Le ROAD 10 prejudice The mcd' OF
those a. tie north who may To disposed TO Ai ne euef'
pse by their subscTpoHs, by suggesting doubts as 90
OF The road drawh iiVm he existing 0as
ness 4 he Petersburg Railroad, and cond, mros, ir
sweeping terms the " hole snte prse. We confess that
We can heidly RESTRAIN our dgrauon al thc unfair a.
tempt 10 which slade, 10 excite IL die ant conlmun
w. under sse cooTs prejudice which We believe ~ br
eurely uniounded AID sustained by even auslbe
array Of fScs The proper place for such discussion
hom- and pledge ourselves - me defense oi lie
~ and 10 the % n, city OF Norfolk 10 lie esiao
shWeEI such road against al attacks,~ heher cover
open We shall msko our stand hefe--ai home-rh-ft
ise's may be used 40 ss unen and where
uou Will pas for hat IL may ne worth eogSsr ~
40 oshouors5e wsrisIe-we are responsible Tor whai
Ne ssy and We DO not seet 10 shelter ourselves und''
and meroensry ally nor attempt 10 eVede lisi
responsibility by conceang ourselves Oeh1d hueh
We have idea that The oslersible writer In the N'o
io,k hea'd has any ptejoaies ssss. Noros 81 a..
that he 10 but used as mOdIh-pece Tor pArne'
home, no would rejoice 10 pu1 oossce 10 1n'
way Of enterprise, but rho for reasons best know
10 theusslvss prefer remaining iscog9io Ne have 81
ready suffered enough from this dshouable warfare Ena
.hs. po remain que! uDdeT inis rene"si s'emP'e
fry4ve 70
bus 10 these who Otherwise may be ihlenced by ne A.
tscs TO which we sude. We would cay 10 Them w
lie general sentiment here IN NoTto,k 10 PoItsmeNih
One The line OF The foaa and lhroug ho0 MINI ae.1hs
~ iAvor Of this road that ia a. - -
mattel cost mus be remuusra,,ye 70 nose W Q t
H. ana ihaite confidence I'D me soii'! NJ nVo ~ 80
scuuemea who have charge 81 H. 70 uniVeisA as
perfectly satisfactory. Ihss II VIII emlnenNS pro
nte The prosperity Of Norfolk, we have not me sNgAi
at doubt hist 10 s ihsl IL necessary - Ienarf
available her grea for commerce 10 SnQAs
loued; and tsken Ii connection win the siesl
vorks u Internal Improvements now n progress wrste
u In our own Slsie sud g. NoraCarous aud cSi-nclls
10 The Mississippi River do not hesitste TO say 1os
40 line Of railway IN the county hss more CERTAIN pros
CT OF thst OF SeaSosrd ana oan
eks Railroad Its true, hat without he existence o MS
road. Petersburg ard Rictmocd might nope 70 1FA"
10 themselves The that mnsI ineviisoy DC as~
by this road to Norfolk and that those places s9o1lo
tou 81 the necessity the sGvsuIsge 0 tbs rosa 10 ne
her strange or punAWral We kuow Inc opinions O
come Of their mosi intelligent merchants, but We DeeFe
Al the same tire their mEguanuiEy ana We eo0o1 eo
thst they would be sssceissc IN any enoft %
feat oar rosd by any unfair aak however reluctant ihey
ght be II IN successful operation But We &C %
fre ct thst road srchen down by ths ia
cf an Arif foe sad thst efforts have bsea spafG W
Keep Il Ia ples. condition 10 which w reduced
hst srgesams have been paid by he Petersburg ,n
psRy 20 prevent he Reconstruction OF the road bu. hA
Tine past The original proPu-iors % the rosc ave
consented TO shAnc CA 10 the present al 1g
sau compared with LIS GcsuS value, heir entire rosc
.nS is furniture Oar Stse has nohy sited Ile e1seqse
nd IA Der desire pSce herself N her proper position
- f,,~eipg all the sgpnSte means Of progress within
ar ho 10 tSs refused IL be sweyed by The iuf1sncss
lnca pfepdices and neighborhood nvalfles sac has
a vhSt could uvte within her borders Noriien
cspi,nl by offering such indgcemsols as wood be suh
cot 10 sscure t. Our means were nc a.
as. end ave aid nom abroad wss necesssy Aaa now
when ali his hss accomplished her oSn eegeaeSsle