New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-12-13

~.
y ...,,.s m eyince a downward tendency,
n all. / 500 shares Reading. Bne went to eos-
80, .econd Board there more buoy ant feet-
! = Nth a good demand for Enc and Reading. ae
| soxmer improved T. ceAi closing al SIT, ana tne
latter was little better bat closed heavy OAu'oh
also advanced . cent. For Norwich 55s was olo-
| The market today was again better for Desa"@e'
which sold at esl, improvement OF v eeA~
1Iue sales were made higher. For Governments
there "a a good demand, and the market Is very
firm The market for Enc Securities IS heavy
In Sterling there is q moderate business
/ oonr. and the market is very 6rm. The quotations
are lOI a lOl with but Few good names below les'
I Fsucies 5l5d5I5l Amsterdam Az d4lic.' Bre-
men 7s.c. aisle. Hamburg, 7sio aisle. The supply
/ Of bills is quite light.
! Shipmasters are firm in their demands and
the engagements are 10 a fair extent OK Cotton IeJV
bales were taken to Liverpool at 3-l6d ID for con-
messed and unconpressed Loco bols Flour, l5d
I eco bush of Wheat, ID. IN bags 500 Handspikes,
lid $50 Oars, Id. Further shipments Leather, Us
/ Cd Cheese. eos To London. 500 o5.s Turpeniiae,
I qs Sd vessel Was engaged 10 load Naval stores
for Hull at previous rates and another fol ST. Croix
at 3oc p Dbl To California, there Is far business,
al i5c ace.
The receipts at the Sub Treasury, yes
;erday and to-day, were $l4j $40 payments $l65375
t balance, .? ,So2 64o.
There is more active demand for Money,
arc rxintr less ease il negotiating loans But we
( notice no change rates. Paper OF strictly hrs'
( class continues scarce. and goes at 7alO y cent.
There Is more caution exhibited by buyers.
We have heard street rumor that the
Erie Railroad Company have under considerationthe
issuing OF Preferred Stock for the purpose OF a5
sorbing Their floating debt and Income Bonds, but we
are assured the rumor is without particle OF foun-
dation No such project has been considered By the
Company either in or ont Of the Board. En-
gineers are now engaged IN surveying for double
track of this road from Owego TO the Great Bend.
4 The work is to be completed early IN the Spring.
Its rendered necessary by the large and increasing
IN cunt Of freight, well TO facilitate the trans
portatlon OF coal from the Lackawana mines which,
. by ARRANGEMENT with the Enc Company, is brought
over their road from the Bend TO OHego, IN the
I Of the Lackavana Company. Several propositions
have been made by responsible parties 20 buEd
. hundred miles Of double track for this road and
take pay in stock az par, but We believe no
such proposition has been entertained by the COm-
pany About thirty miles Of the Homellsville and
Buffalo road, reaching to Portage, will be opened
IN few days, furnishing a new feeder to the
.
nearly completed and will be in operation By the
time the navigation Of the Lake is closed This,
with the thirty completed miles Of the Cleveland
and Ashis6ua road viii leave but abou. forty miles
of staging between New-York and Cincinnati during
/ the suspension Of navigation.
The receipts of the Madison and India
polls Railroad for last week were-.---...-- s., 200
Same week last ear-.--.----.-.---------.-- 5000
Increase, IL per cent.-----...--...---..-- $4,000
The extension of the Harlem Railroad
TO Chatham, forming another railroad connection
With Albany and all The Northern roads, Is nearly
fact The fine weather mas favored the contractors,
and the connection with the Western Railroad az
Chatham Will be made within probably ten days,
which IS SIX months earlier than s.lpula,eii in
the contract This connection must add largely %
the revenues of the Harlem ana We look 70 see noS
a development of the value Of this road, which VIII
surprise friends. We believe tae best .ea.-
lngs exist between tre HUDSON NiTeT anI tle Haf-
I lem Roads and that only an honorable con?sa.ion
/ for the through business viii be kept up Each
has peculiar advantages, and the public VIII soon
. lean which the better route. The agsreg tie
earnings Of the Harlem Road, for lie year ending
sch sept, were $500 2f2, less than $4,000 below
TIE highes, estimate OF lie officers Of the Company
OF THIS nearly $50 eco vas for freight Tie COS. Of
]
SC &c, was S3l3,7sl, leaving Iei income OF ST..
100 OF the passenger receipts, about thirty p cent
Was from the city travel Prom this The i-,eres: Of
/ the deb. OF the Company. some $1,000 dividends
on the preferred sock Sl20 0o0 ana two dividends Of
p cent each on the old stock, say SIS 0lo, nave
been paid and after charging Oh literally 20, de-
preciailon OF sqlipage Ielayug city ,Iack, &C. iAe
balance to the cEea, Of prohi and loss account Is
nearly SIS eco, and this surplus the Company have
resolved always TO keep on band, undivided. The
amount OF service performed oy The COMPANY has
beer very large, over eight hundred thousand miles
Of which abou; FIVE hundred thousand was by horses
The Cleveland, Columbus and Cincinnati
Railroad Company have declared dividend Of
4 cent for The mrs! SIX months Of ;her operations.
The road as we sta,el some time since, has camel
nearly eleven y cent. within that time, but the d.
reciors decided to oxperd the surplus oTer p cent
! on The rod. We think the amount OF earnings
Srihouiprecedeni.
The distillns house which has failed is
Messrs II. Haven & Son. and not Havens & Co. as
We enormously stated yesterday The latter Is a
house oithe highes, standing and most IN aesaoae3
solvcn1y The lion house we alluded 10 n the same
paragraph vas MessIs. John Bacon & son
Governor Wright of Indiana. in MS late
Message to the Legislature. represents the fa4nces
Of hat Slate 10 be N AOlIlsAihg condition. TAe
sIreyenues f.. ISL, he SAYS IS ShceH; to pay al
charges on TIE Treasury, including the interest on
The Funded tCS;. wlte surplus Of $4,000. THIS
he recommends shall be used = sinking f1ni .
retire thai much Of TIE State deo.. The Common
school Fund q The safe ne estimates AZ Sfs5i.-l
50. THIS Fund he asa recommends shall 5esnvessed
In he States Securities, the interest 10 be a9pro7-
Sied 70 Conmon school purposes. The Governor
strongly recommends that provi1oate made by Law
auihonzng sale 81 tAe Safe mte;esi IL the Mad
! son and Indianapolis Railroad. Among o.he! things
+ he says