New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-09-12


orleans Mint for the month Of August, 1851. are as
follows
GoLD-C California gold S32oO3l ~
Toreign goid-------------------- 54eo -
Total -..-. 10000 3255ls p
CoINAGE-Double eagles 2l5O pieces $o9vD ~
Eagles ....--. $500 pieces 10000 %
Quarter eagles 1900 pieces 1000 %
Gold dolars..--lO0oO pieces 1000 Ol
Total.....- 60 80 pieces $4,000 90
SILyER-Extracted from California gold 81 - 3,
Other siVer--------------------- To- - .,
Total--..------...--------- 52oi IS
CoiNAGE-IIaf dollars. --l2,JOo pieces solo0 o1
The annual statement of the commerce
Of Mobile for 1850 and 81, states that the stock OF
Cotton on hand Sept /, 1850 was 27,797 bales Dur
ing the year there had been exported to foreign coun
tres 32l777 bales, and to coastwise ports 96,4OO
consumed IN the city fsj bales Stock on hand Sept.
|. 1851, 1850 The value of the Cotton shipped to
foreign ports Is stated at s7,5,2-42 %. The aver
weight of the bales was 4e3 As The average cost
value T. bale was Sj4 81, and the average cost - t,
II cents. The total receipts are stated at i5l.7ls
bales, which Is 1870 bales, excess of last year.
The growing crop OF Cotton /, estimated al ~ 1000
bales.
The underwriters of the city OF st. Louis
a. stated by The Republican, have held meeting
with view Of adopting efficient measures TO prevent
the destruction of property by FIRE occurring on board
steamboats, arising from the practice of carrying
hemp, uncovered, above matches In order % coun-
teraci Il possible this serious loss, It resolved 20
recommend to all Insurance Companies and Agen-
cles al PttSburg, Cincinnati, Louisville, New.or-
leans. Albany Madison. and the Missouri Riv-
er to unite in inserting two additional clauses IN
Their policies to Wit.
Isl On and after the 18th q October mex, all Hemp
shah be carried IN the hold Of boat, unless u be- coy
cred with bagglng similar tocotion lr ntleS-d ypd-
non of tins clause 10 be declared forfeiture OF the
policy.
ID On and after Jan. l. 1852 no Hemp shall be
covered bv policy when earned above matches, I'M
less the same be covered with baggnC, IN The same
manner as cotton no bales
All the Insurance Companies IN the cities named
are invited to cooperate IN the measure which be
heved to be the best that be adopted for the
curity Of life and property
This being Bank settlement day, and a
week of heavy com shipments, the Banks are fight
ing for balances. The supply of money on call has
been limited, and more difficulty has been felt in
obtaining temporary accommodation the street
than for a long time past Tomorrow llundoubt-
cdly bring ease again, to certain extent, but the
Banks wlll continue to be cautious under the
uewal of extensive shipments OF Sposle
The Collins steamer on Saturday has al
ready over half million OF dollars engaged. and Will
probably take 100000 or $4,000 We cannot learn
that any silver going. but the Frankhno saturday,
week has a considerable amount engaged.
The receipts of the Madison and Indian
apolis Railroad continue to show very encourag-
mg state of traffic. The earnings for the week end
ing sept 9TH 1850
same week, leJJ- 400
Increase, Go q ceui-.--.---.---.---. $3.50
We annex communication from 4 friend
OF the Michigan Southern Railroad, upon the yexel
question OF the route around the foot Of LAKE Mich
gan. ana m reply 10 publications made by the friends
OF the tenual hoac. Il places the question IN
clear light before the public.
RAILROAD CONrRON ERSY IN INDIANA
lnCcr TINS caption an advertisement has appeared
IN several OF the cly papers, within few days past,
IN relation 10 The injunction which has been granted
by the Courts OF Indiana against the Michigan Central
and New. Albany and Salem Railroad Companies,
prohibiting them from building road ron Michigan
CITY, west toward Chicago. The article OetrayS is
paternity by rs hutlerng, winch Is an excuse. such
II Is, ior rs bad taste and erroneous statements
The facts are PLAIN and SIMPLE Ine Northern IN
diana RAILROAD company, loug,nalN Incorporated
by the name OF the Buffalo ant Mississippi Railroad
company possesses under lis Charter legal all
thoIly 10 build rs road through Indiana. The ON
pany claims that by the terms OF tlcr Charter tins
right Is an exclusive one that no power has ever
uttA conferred upon any oiiltr Oilp 10 nll-i
road from Michigan ny westward and tlal the Le-
gsaiure prohibited by the term, of the grant 20 the
Northern Indiana company. rom Conierrng thl>
right upon any other Corporation.
The Michigan Central Railroad COmpanv has been
repeatedly notified, thai the Northern Indiana l. on
panN claimed Their rights under Is Charter and the
amendments thereto, ana intended Ia INSIST upon AMI
maintain them. With full knowledge tina, the
Northern Indiana Iompany possessed TIE Oalv legal
authority existing 90 bulld a road from Michigan CITY
westward, The Michigan entral Railroad Conpany
last wear applied 10 the Legislature OF Indiana ioral-
thoitS 10 extend taelr own r1aI from MICHIGAN CITY
westward 20 Tie Stale hIo OF ILLINOIS. but tailed IA
their application.
HAVING failed to set power on a direct application
to the Legislature, the Cenirl ompAny attempts
ing 10 ootaln Il i7t.rtciV ami for this purpose have
struck hands with the New Albany and >a.cn itall-
road Compdny. and through contract made Win
them, are claiming go have obtained the right 10 build
road nom Michigan city towards Chicago.
TINS new Albany Company WIS OF. gina.y moor
poraied With power 10 oaild AACalamizot Road
rom New Albany on the ONO River 80 Cf.t,g.ori,-
vile, point 10 miles "a The Interior Subsequently
they we're authorized 70 change fr9t urrf W sal
road yrc tsttrceE Ner A.sa1y ant >..sH 20 "a l,al-
road 30
THIS Company has completed a Railroad only
tom New Albany 90 Salem, when Is a point about
50 miles nom the Ohio River and more Than 20 mile,
from Lake Michigan.
nthe printed eAhlolj 81 the New Albany anu lenl
Railroad Comp ANY they cialn u Aayt ob,-unct. on
an amendment % their charter granted l ISIS very
extraordinary privileges. They >ty" our charter :
aow perpetual "uta 30 r'saf O. make Rls-rsaas
a. trsrtr irt please ~ ne STATE s.. SC
In other worc>. thew claim Oh substance tina, ne
Legislature o. Indiana III 1915 eDa.tei General
Railroad Law under the name OF ,he New Albany
aiA Salem Railroad COMPANY
ne a1>uril,y oi tbs clam Is sufficiently manifest
rom statement Of - character, ara o : believed
''~' "Voo~N ga Indiana except the New Albany G. ou-
phN ana hooooy orr OF Indiana eXccpiihe NlchigAn
Central Company. have attached the si,sht.>f ,rr,r
lance % ms pretended ueht 70 make RA.r6als
whenever iheN pleased IN the state
"4.4o-s s'"el.-s upon any argument o. ms cues
uon. which : now before the Counts h ,. -,
for The purpose oi tins article . say that IN No-,,
ern lnc.ana Railroad Company. up,n fll a3y,se.
meni ana c"i'>4cefS'oh ana sustained oy the legal
opinions o, - eminent juusiS as can be ioun5 ~.
where. t4gIa. Re1-y esqv fts risht az gee Ne,r- sf
and >a,tE CcHgsBy o. .hi.f single fasf or Rf-.ts
NriA OF rgirfr,StI.ls. 'r1i-4 p9mr l3l ...l-s
>0af4 of LaSs ~ -iggE OF course they denv e,
tirclv the ghi of the NsS-Alo2ny Company. and OF