New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-10-28

1t is To London tAer- Is not mich going r,
Hsyre some Cotton was AIKEN q &c Two or thr-e
ships have been chartered 70 60 from this po to sae
Gun to load Cotton for Europe On terms nM mads
public
There Is no new feature in the Money
Market excepting perhaps, greater asuadsnce q
tering on call Capital IS Quite plenty on hrss a.-
securities at y cent Por good paper there IS as
better demand than supply. Pavorte names 60 a.
7ai0 y cent, second class ls@ls y ceat
Mr.. Llttc's creditors are generally Az
ccpting his proposition Of settlement. but It meets
with some refuSals The street as whole looks
upon It as a liberal settlement. Mesas. Cheesborv.
stearns & Co. we understand are settling at 81,
on he collar SIX twelve and eighseea months
Mcssrs Thomson & Co make no scttlemea, yet
and there is some dissatisfaction at the stale OF thea
affairs MessrS Seaman & Mar have nothing teft
for their general creditors and PROBABLY nothing ts
The second judgment. held by MeSSrs. Warren, No
ran & Co., the 6rst mortgage 70 Messfs Garner
swallowing all the assets. Nothing decisive has
been done IN relation to Mr. lmlay's Affairs, but Nis
though, that some arrangement Will soon be made.
Messrs. Wright & Co connected with hin here, are
golag on with their regular business without lntN
tupton. We have previously announced that Messrs.
Perkins Brooks & Co. preparing to resume bust
ness Nr Burgers offer Of Soc, his unindorsed
notes n TO- IS, 20 and IS months will probably be sc
cepted by the majority OF his creditors The Ports
mouth Dry Dock Company have paid portion Il nos
the whole ofthe interest their Bonds, which was
IA default MeSSrS. HOLSTERS efforts to come 10 ar
rangement with their creditors have, we believe
been unsuccessful.
Receipts at the Sub Treasury to-day,
$69l;4. Paid, slsl,i6s. Balance, s5,sis,oio.
I he receipts on the Railroads in connection
with tins city, continue 70 show large and Incrsas
ing traffic On the Enc they exceed the aDiicipa
tons OF the managers, and still promise to reach
$35O,OOO for the month. The opening OF " Lessefs
Gap Railroad" has increased their freight trathc Ga
the Harlem and New Haven there Is also large
business doing, and the freight depots indicate an
immense amount OF business brought 10 this City ~
these roads The former will be extended to Chat
ham by Christmas, making another connection with
Albany and the north. This connection Will add
largely to the through receipts of the road while the
local business rapidly increasing also. The iud-
son River is carrying large number of passengers.
bu, il is not easy TO ascertain how the road Is doins
rs the stock however, has advanced II p cent since
the opening 1t IS far 10 presume that the business
looks promising
The line of Railroads which are t. con-
meet Buffalo and Dunkirk with Cleveland the New
York Central and the New-Nor and Erie Rallroads.
with the Great Western and Southwestern Ines
which unite AT Cleveland Is fast progressing 10
state OF completion. THIS line OF roads, along tho
southern margin OF Lake Enc, sbeing cOnstrucedbv
four Companies. The Buffalo and State line, extend
ing from Buffalo to the Penn yvanla line. 100 miles,
the Ere and North East extending thence TO the City
of Ere % niles the Franklin Canal Company's
road extending from Erie to the OHIO state line, y
miles, and the Cleveland, Pamesyille, and Ashlaous
Railroad extending thence to Cleveland, (TI miles,.
The first two OF these roads will be finished for use
Railroad communication about the time Of the close
Of Lake navigation, to the City Of Enc. The grad
ing and bridging OF the road between Cleveland and
Ashtabula 81 miles, will be finished during the cur
rent month With the exception Of one bridge, whish
will require few days longer. Thirty miles WILDE
opened for use during the next month, and probably
A. to 80 miles by the LIST OF January leaving Is 10 80
miles to be supplied BY staging during the coming
winter Tie entire distance from Enc to Cleveland
Is under contract the work progressing and IT is ex
pectod the whole will be finished by the middle o,
next Summer This Road, or rather Inc of Roads,
connecting the Eastern with the Western system Of
RoadS-the great commercial martS Of the sea board.
YORK, New England and Lower Canals, with
the whole Mississippi and other valleys, and the
country bordering on the Western Lakes-cannot
fan 10 be- one OF Ehc most important and mos. probt
able tines of RAILROADS IN America