New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-08-20

The Directors " the ILLINOIS, '--'~i
Railroad are II session n this Cry, engaged n exam
ining the surveys made by Ml. Engineer Na,'--, 81
Locating ,ha, PORTION Of the road between 'a- "'''
trunk ard Chicago The moneys are Ve'y 'a'oi
The receipts Of the Vermont and M-sS--
chusetts Railroad for he month Of July ,.e,s .,
were OBSERVATION-DISCLOSURES seS D
Same month iass year - - = =.
Tie freight connection Of the Valley Aoal "'h
tho Northern line beng incomplete, very h:le oene-
6;bas been derived rom that line as Jet, ~A'c- "as
onened for travel on the last Of June.
The city authorities Of Boston propose to
celebrate. by festival at Faneul Hall. and other
appropr.a.e ceremonies "ihe final comp a'ion o. ne
great nes OF railway uniting Al the tide" alters a.
Boston, with the Canadas and the Great "es' also
the estabh shment ofthe American line OF steamers
between Boston and Liverpool in making 'i-s an
nouncement, the Mayor says
..There are now completed and IN operation, N
Massachusetts, alone. about 2V miles OF idll"Il'
and IN New England 24OO miles Mdssdchuse,ts
alone has expended III the completion OF lhsse IOds,
the enormous amount Of S5ioJO-ClV ana Il dtpetas
from the reports Of the several Railroad corpora
tons m this State made to the last Legislature that
there were transported over the Massachusetsfo TO- "a
alone during the year 1850, 9.50DOOO passengers anu
9 10000 tuns OF freight Bot tins j. not all ne
several lines connecting US with the Canadas, N0ri-
ern New-York. tine Great Lakes and the ar " est
are now completed, uniting us Dy ra1odl dhIs.odn
navigation with thirteen states OF the Ihoh' com
rrislTg an area OF 4291 95 square miles the t"o Du
adas the Lakes with their 5000 miles OF coast ana
bringing within our commercial sphere PoPoiSlIOl
Of ten millions OF inhabitants. Ana IL we zoos IoI
moment at the business of the Lakes ana the taht-
das and observe It's rapid weary increase, We shdi
be still more aStOnlshed. II Is estimated mat the
imports and exports % the Lake HarborS. exclusive
of the Canadas. during the present year VIII De 2lO
millions Of dollars. The annual increase OF thls Ou.l-
ness is found 10 be III per cent thus doubling H.
self Jess than SIX years. ln addition 10 tlis' me
imports and exports of the Candado VIII amount
during the present year, TO fifty millions oil dollars.
At Boston the Stock market Is very duh
and heavy The Past says "Our BANKS nave Tor
the most part. got into a comfortable position, and
from what We can learn, they intend to keep therein
at all hazards They are doing good deal mday
10 dav and We doubt not were they to expandto the
mark ofa month ago that money would now be as
easy IN Boston IS Il was then But they nave been
taught prudence within "A few weeks. and u Will be
some time ere they put themselves INTO the condl-
ton that many OF them occupied before the present
stnngency.
The New-London Railroad Company
have offered The Amherst, Bechertown and Palm
OF Railroad Company" TO take and operate that
Road when completed, to Amherst forten years. and
pay IT'S stockholders per cent. per annum on 5000
eco or per cent. on $3.50 600 meeting Of It's
friends was held at Amherst recently, who expressed
Their unanimous approval of the arrangement.
The exports from the port of Baltimore
TO foreign ports, during the week ending Aug II,
1851, amounted to the value of s3s7,si9
The stock Of Tobacco in The State ware
houses IN Baltimore on the Isl of January, 1851,
I0GI7 hhds inspected last week, Oh hhds.; amount
inspected previously, 25,i2j hhdS.-making IN all
37,OlG hhds Exported since January LIST, 0orelgn
and coastwise) 1905 hhds Stock now IN warehouse
81 ,92l hhds
In regard to the Money market In BaItl-
more The Pr,cc current, of Saturday, says
There Is evidently better feeling prevailing IN
the Money market wsthln the last few days. The
impression seems 10 gam ground that with us IN Bal
tmere al least the crisis has passed and that there
exists no Just cause for pane. The best of paper
has been done at 90l0 = cent Names that are not
beyond all question Of doubt pay id2 = cent. per
month, With some difficulty III chectng ncgoua-
tons
The State Committee appointed by the
Alabama internal Improvement Convention, held at
Mobile in MAY last has issued an address, the object
of which is to enlist state support TO system of raIl
roads through the state The Committee recommend
the construction Of FIVE lines Of road. of which the
cost OF such portions he within Alabama Is esiima-
ted at Sl3,062,6OO
connecting Mobile Bay with the mouth OF the Ono.
When completed Tins road VIII be 52l miles long,
uayCrslng four states, and crossing degrees of
Latitude is 10 the Ohio, where It VIII con-
meet. 10y the Caro- and Chicago road, with series Of
nterso ctng lanes already completed, IN progress,
extending more than Two thousand miles The Ala
hama division OF the road Is slxtyonc miles, and It's
estimated cost three million dollars Operations on
1t Were commenced al the Mobile terminus IN OctO-
Der, s49. and thrtythroe miles Will be IN operation
IN December next
~. A MI Zen, D.tl.
extend from Guntcr's Landing, on the TenneS-
see River, to Selma. on the Alabama River 300 miles
Tins Will form portion of the road constructing and
projected ON The most direct and expeditions route of
conneXlon between the Gulf of Mexico and the Al
lantlc States \ shorl branch VIII also connect It
with the railroads of Georgia and South arOllna-
It's cost Is estimated at $S,500,OOO
The third road Is section of the Memphis ana
Charleston road, which 10 Is intended 10 come Z
With the Tennessee and Selma road. by branch Of
lC0 miles. al a cost of Sl500,000 The fourth IS
line Of l50 miles 10 form comeNlon with the Mem
phls Charleston and Ono and Mobile roads Its eS-
tImaled COSTS S2,0O0o00 The fifth is the MOBILE and
Glrard road, for connecting Mobile Bay with Column
bus Georgia, and on the ChdttahOOChe River, 30
miles which viii cost $S.OO000o
Private capitalists have subscribed literally toward
these enterprises but the object of the publication OF
the Committee Is 10 bring the subject 10 the aten-
ton OF the members of the Legislature chosen Al the
late election, with view 10 obtain the and OF the
State, by the loan of ITS credit to raise the means
necessary Tor the completion Of these roads
-CARLFUILY REPORTED FOR TIE TRIBUNE
~ TUESDAY Ausustlq
ASHkS-Ihe market : steady bur less active The re-
c,pts are moderate sAlss q ~ bbs at - - Pots %
$ 3efcr Pearls
CoTTON-The market is steady vii, sales OF 100 bales
There y 10 disposition % SIX b Chez prices
FLOUR AND MEAL-Ihere Is more doing IA the lew
and better grades a State and Western Flour m the home
aGt, bui al rather lower prices There little doIng
Nr export the nrmuesS N tTeghis Tesrotig the sales
The inferior grades MOI plenty and the demand very
moderate ior shipping The receipts sui IN excess II
the demand. and holders disposed % meet BUYERS
hetN Canadian Is heavy, with moderate slquirv Sales
II N oes AZ - or No !. and 50 for The
oi Domestic reach 10000 thlS at bass - for un,-
speCtel, 50 p IS 81 Sour. e. Tor No
Slpcrhne' , 6SG>i tx Michigan sId Indiana 50 ia
IS 81 for State s. SASS - fer Ohio S4GSt 10 Tor
pure Genesee - i2dS4 81 for fancy Ono: 81 isi Z
- 81 Tor fancy Genesee 81 81 : for Ohio and
~ " 80 Tor extra Gene>Vt. southern de-
n1 but pilce> favor The austr There mye offer
- = In. 4 4