New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-07-26
FRIDAY, July Bpm.


The Stock market continues to show
decline in the leading Fancies as the reducing oil eau
loans which going has thrown considerable io's
in the market, and there Is deficiency OF buyers as
usual a, tins season of the year. Erie, Reading,
Harlem and Norwich show the principal tfansac-
tions and lower prices Erie was quite heavy at the
Second Board. and closed at sll Harlem at 79'
Norwich 55l Reading So. The operators for fall
are taking advantage Of the pressure for money 10
denress the market Government Stocks were ra-
ther better Erie Conyertibles were lower.
The market for Exchange is heavy and
dull. Sterling sold at IO0lOt for frstclass bills
Francs s. lOa5Oei. The supply of bills is not large,
bu, the demand is quite moderate. The difficulty OF
negotiating paper cuts of the facilities Of remitters
Freights are quiet, and the rates are
heavy ENGAGEMENTS of 5000 bush. Gram at AID,
Cotton, As so bbls Ashes, los. 900 bbls. Resin,
Is. To London 1900 or 5000 bbls Flour, Is 3D., and
800 bbls. Turpentne, 2s. To Glasgow, Oh al IDS,
and 500 bbls. Flour Is. Oh. lumber charter was
made from Calais TO Buenos Ayres at $l3. TO Cal
iforna the market is dull.
There is better demand for Money, and
in some quarters there is a degree Of tightness.-
Some OF the Banks are decreasing their call lodns
and also their discount lines, which throws more pa
per INTO the street. and enables lenders to increase
the rate of interest Frstclass paper sold to-day at
ia s:p cent. and good names at 909i " cent On
call the rate is u cent good securities. The
effect of this little tighness Will be to cripple the re-
mitters and check measurably the exports of gold
Its Il healthy contraction, and viii tend to keep
trade from undue imitation.
The receipts at the Sub-Treasury are
sI266lO, PAID s7s,4O7 Balance, s2,240,3l7. The
receipts for duties, thus far IN July, indicate a
considerable decrease IN imports as compared
with July of last year. They are about 100000
less than during the same period of 1850, and the
general impression is that the falling off in August
will be still larger.
A Savings Institution bought $4,000 of
the "Thompson Virginia Skies to-day, at los, for
investment Two OF these cautious institutions have
now exhibited their confidence in this loan by m lk
ing investments IN 1t.
Unless the decline in bills should cause
change in the intentions Of shippers, the steamer to-
morrow will take 100000 or 100000 IN coin
The annual report of the Directors of the
Sullivan Railroad CPS miles between Bellows Falls
and Windsor) states that the receipts for the year
ending on the LIST inst, amounted to $5i,77o, and the
expenditures to s27sl6 30, leaving balance of
$26o5O 40, which has been applied to the discharge
of the liabilities Of the Company. The total amount
Of the debts and liabilities of the Company is S7s,-
1877 o. The available $i6,5 500 ~, leaving
the amount of liabilities $d55626 Is.
AS many of our readers are holders Of
Cleveland City Bonds, give the annexed informa-
ton in regard to its condition;
The City Of Cleveland by virtue OF an act OF the
Legislature of OHIO, passed the 18th OF February,
1851 subscribed 100000 10 the capital stock OF the
Cleveland, Painsvle and Ashtabula Railroad Com
"A La
road from Dunkirk) TO pay which subscription the
city Issued Si0O0 600 Of her per cent. Bonds, the
above $780, 600 being part OF them The law author
hing the making Of SAID Bonds compels the proper
authorities to levy and collect annually, a tax sun
cient TO pay the interest and create sinking fund-
The Railroad stock is also pledged for the payment
OF interest and principal. The City OF Cleveland IS
mex, I'm the State OF OnIo) To Cincinnati IN wealth
and population. The presen, population is about
c2,CCO, and value of taxAhlcs about S1,OOJ,O00 The
entire debt of the city Is as follows
6per cents given TO the Cleveland, Columbus ana
Cincinnati Railroad Company In payment OF stock
7per cents 10 the Cleveland and Pitsburg
Railroad Go. subscription. .-.-.--..-----.. 10000
7per cents TO the Cleveland. PainSvlle and
Ashtabula Railroad Co. subscription. 100000
L0oa' S-,g-V
Total ACKNOWLEDGEMENTS. $4,000
The city already receives dividends on their stock
IN the Cleveland, Columbus and Cincinnati and the
Cleveland and PlttSburg Roads sufficient to meet the
interest on the boris gwen to them as afore said
This will also be the case with the Cleveland, Pans
in this road being now about par The result is that
the stock owned by the city IN these bonds will pay
both principal and interest OF the bonds, leaving the
city debt out, the local one of $4,000 This city IS
fast increasing in wealth and importance. Its supe
nor harbor the Lake, and being the terminus of
many important Railways must make Cleveland a
wealthy and pOpolous city.
The earnings of the Cheshire Railroad
June, 1851, were .SlSeit %
June, ieoV---.-~.-- 1897 VI
Increase $2sSl 81
Earnings of the Rutland and Burlington
Railroad for
ACKNOWLEDGEMENTS -SSs6s3 25
Same month last year--------.--- isoS ~
Increase us per cent. Sl6il7 81
In reference TO the Camden Bank, the
Uf,ca 0aserrer OF Wednesday says;
A rumor got INTO the street this morning that
this bank had suspended payment Upon tracing II
M have aScertained tina, some parties loving 20
personal diEcultes We supposed have busted them.
selves for some time, IN annoying the bank by col
iecung NJ its circulating bsils and demanding The
specie for them. Recently about $1,000 OF Its bills
were SO presented, when the party presenting 1t was
told tina, IL would be impossible with the help then
IN the bank TO count out the amount before next
morning, but he was offered draft upon Troy Tor
the amount, hence suppose the story OF SuSpen-
sion. Its bills continue to be taken as usual by the
banks IN this city"
The receipts of the Morris Canal Com
psny for the week ending July 10, 1891, were s4,4l2
Vi, against $sOo4 % in the corresponding week last
year. Increase $i,4o7 e5
We learn from the Petersburc Iatelligca-
Ger that the citizens of Petersburg have subscribed
$4,000 in the Raleigh and CASTOR Railroad, which
is onefou,h Of the necessary TO reconstruct the
road About $2c0oo0 i. is expected will be obtain
ed from North Carolina and Richmond and Norfolk
.re ureea To raise the balance SlOl 0gn hsfu,aa,