New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-08-06
Toal4 ys.If.os3 al IA2g7 1915 % $50 6ll 1870 9lo7
Agetage..... at 763 $40 3514474 56899l0 452l1 8

80,
Accompany ing this condition of our foreign trade,
we find, a m0tteTof course, that heavy balances
are against Us, " hch must be paid ~ coin. We
have already sent three millions to Europe since
lst January last. The Cunard steamer Of this
week took out s250,00O in specie, and unless the
rate for Sterling bills falls to 9 or further sums
must 60.
Tho fault lies with ourselves The HOr.e Mr.
kef, go urgently recommended b Congress by Sec.
retaries Gastn, Hush, and others OF the Treasury,
is sacrificed in order 10 encourage foreign labor
Europe takes our Cotton a. $50 to SO per bale,
and returns it in manufactured shape, adding 900
to 500 per cent. for labor spent upon it. Great
Britain leyies 'tsenty millions Of dollars duty annu.
ally on one article Of American produce while the
same article costs az home OSLY TWO MILLIONS.
On Wednesday, the It'll inst the bids for the
halfmillion loan for the Northern lOgdensblrg)
Railroad will be opened. We msde a ia mott e of
this loan ard its objects a few days since, and we
now refer capitalists advertisement in ano.h-
er column
The bills Of the Eagle Bank Of Bristol, r. /. no
ticed yesterday as being refused by the Suffolk
Bank, sre redeemed in this City as per advertise
melt 10 another column.
1t is stated that the stockholders OF the Lebanon
Bank have decided to accept their new charter,
with the increase OF capital authorized and that
they have decided in lieu Of selling more shares Of
stock to Increase the par value OF the stock By pay
in in a further irstslment of $40 per share.
The Insurance Company Of the State o. Pennsyf
vauia hay declared dividend Of per cent or sli
per share for the last 6 months
From the Miners Journal, PottIville, Penn Aug.
,, we gather the following;
The quantty sent by Railroad this week is 81.
0es - The QUANTITY viii DO ilcre ased SON hext
week, BIT rot a great deal
The North Branch Canal will not b. repaired
under two weeks, which checks the whole Coal
trade from the Wnkesbsrre region. The Only re-
eon from which any Coal ia received at tide the
present time, IL from SChuylkll COunty, by the
Reading Railroad.
Dealers abroad may rest assured that after the
shipments ere resumed by canal, the quantity sent
To market from SHINY Kill County, to December l,
cannot average over 80 QUO tuns per week.
We have received from friend the quantity Of
coal sent to market by the Delagare and Hui
Canal Company which compared with last year, is
as follows:
snrmeu, july 2l,t 1919 ...............l6l 27 tuus
shPmens 10 July 2lsI, 1850 .........'..'....l4s@
Decres,e in Observation-Disclosures. Il 3gj
We understand that the purchasers are still send
ing in their orders az very low rates, for COAL and
are also limiting the rate Of freight. This is Op
ting very ini1rions 10 the trade Vessels are now
yery scarce, end the rates offered are driving them
a4ay. When the trade ia fully underway again.
H. ssout two weeks, sufficient number Of vessels
cannot be obtained, and frelghts must run up very
high fcr the balance of the season.
The damage caused by the late freshet to the
Vermont Central Railroad has been nearly re.
paired. and the cars commenced running through 10
Burlington aga ain on the 9Th inst
The earnings Of the Road in the month Of June
were s2l,756 So after dedactng amount paid to
the lower Rosds-in increase of % y cent over
those OF May. The earnings Of the month OF July,
10 to tire period Of the freshet exhibit much larger
ratio Of gain, and would doubtless have reached /
$50, 900, but for the interruption occasoned by tina.
event