New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-11-22
SECOND hoard.
THURSDAY, Nov. PPM.


THURSDAY Nov 2l-P.M.
In Stocks the market to-day has been moder-
ately active but generally the tendency was down
ward, One or two Of the fancies were better but
generally there was no improvement Govern
ments were dull.
We have rumors from Washington, coming
with some degree OF authority, that the Secretary
of the Treasury will apply for loan OF Thirty
Millions on the opening of Congress- This intor-
nation may have other basis than the payment
of Ten Millions to Texas, but the parties who
have had possession of it for some days believe it
and have operated on it, This is the financial
event to which we alluded yesterday.
The Money market continues abundantly sup
piled and sales show no change. Loans on call
are freely made at sac " cent. the former on
Government Stocks. Paper goes at 5 as for short,
cas- for long paper.
In Exchange the market is heavy and there is
nothing of Importance doing.
The amount received at the Sub Treasury was
s47,27O; Payments $194, Al; Balance s3,O9O,265.
The Bowery Fire Insurance Company have de-
clared a semi annual dividend Of 10 " cent.
The exhibition Of the products of the Ncw.Jer-
sew Zinc Co. on Change to day attracted great
deal Of attraction. Our merchants examined the
orc, prepared Zinc, paints &c with much inter
est, and appeared to have had no previous idea
of the value of this mineral section OF NewJer
sew The articles will remain III the Exchange
during Friday and will well repay call from
those who like to see the true riches of the coun-
try developed.
Another very desirable opportunity is offered to
r. a. T., itolla aDt
of their funds The Ohio and Pennsylvania Rail
Road Company offer Five Hundred thousand
Dollars of their first and only Mortgage Bonds
bearing q cent interest and rcdoemable in 1865.
The Coupons are payable in New-York. The
trustee Of the mortgage is j. j. Palmer Esq Pres
; idcnt of the Merchants Bank. The mortgage is
for a million of dollars and covers the whole prop
erty of the road, which is l07 miles in length,
from Pittsburgh to Masslon, costing S2,085 600,
, The remainder of the funds for building this Road
will be realised from stock subscriptions of which
the cities OF Pittsburgh and Allegheny have made
+ 100000 each, One valuable feature of these
Bonds is the right to convert them into stock at
par The route Of this Road-a link in the great
; chain from Philadelphia to St. Louis-runnng
through the richest counties of Ohio, will make
this privilege sooner or later great value The
following statistics show the great amount of traf
fc which this road must receive when completed.
Great care has been taken in the location of the
inc to accommodate the local population, without
: della ying the through trains unnecessarily in the
towns The manufacturing villages about the
mouth Of Big Beaver, are estimated to contain in
the aggregate eleven thousand persons, and coal
and water power are both abundant. Salem IS q
9 place Of great trade. Canton, Wooster and
! Mansfield the county seats of Stark, W aync
e and Richlaud countless and each of these pros
. porous and thriving towns has about three
thousand inhabitants Massillon is the well
n known Wheat mart of Ohio, the greatest w heat
growing State OF the | mon
3 The Counties of Columbiana, Stark, Wayne
! Ashland and Richland contain l.6l5,l38 acres OF
. land, and the value of their taxable property is
: assessed at S33,398,977, the total taxes on the
n duplicates being S240,0s0. The actual value OF
! the property is greatly beyond that assessed for
taxation.
3 The census of 1910 showed that Richlaud Co.
then contained "A 532 inhabitants and that il was
: the second County in the State in population.
Il while Colunbiana The third, Wayne the
: sixth, and Stark the eighth in order
In ls4o, when the last decennial census was
taken, Stark County produced 1891 bushels OF
4 wheat, which has much increased since. Ii ex-
ceeded the amount raised in any other County in
Ohio; and Ohio then produced 1851 Col bushels,
+ being more than any other State, and about one
third more than the State OF New-York
, The exports by the canal in 1919, from Massil-
/ lon where the Railroad crosses the Ohio canal,
were 34,62l tups OF produce and merchandise,
, beside articles on which tolls were not paid by
) weight The imports We're II, 295 tuns, making
an aggregate business of l53 tuns per day for 800
days in the year. The business Of Massillon is
, furnished by Wagons from the Surrounding
/ country and III ls49, owing to the failure OF the
wheat crop, it was much below an average The
; tunnage of the previous year was 2ll tuns per
day Mansfield, in Richland County, is believed
TO have tunnage equal to Massiion Wavne
County stands next to Stark in the production of
wheat; and in the growth OF wool Coumbiana
is the first, Wayne the third and Stark the eighth
within the State. In taxable property, exclusive
of city property these Counties exceed any ter.
ritory OF equal size in Ohio
The twin cities at the Eastern terminus Pitts
burgh and Allegheny contain about ninety thou
sand inhabitants. The line of which this road will
be the central link will be eleven hundred miles
long. 1t is difficult to make an estimate of the
immense business which Will be done on this great
back bone line running Though the most prodac
tive tier Of States in the Union and uniting the
! East with the extreme West