New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-02-21

closing at ss cent, and averaging g g cent
The subscriptions to the Bank of the
Metropolis reaches between sl,3OO,OOO. A Bos-
ton banking house offered 70 take half milllon'
which was declined.
The Board of Brokers will adjourn from
Friday to Monday in consequence Of the celebra'
ton of Washington's Birthday on Saturday.
The Hanover Bank a new institution to
be located on Hanoversquare, in this CITY, mas
been organized under the General Banking Law,
with capital of s5OO,O 900, of which 100000 has
already been subscribed The Board of Direc-
tors is composed of the following gentlemen;
Isaac Otis, rs Front-st., President Robert T.
Woodward, sc Liberty.st; Henry g. Terbell "a
Cortland ST. f. B. Litchfeld, Sc and so Pearl St;
C. T. Pierson, 80 Cortland-st.; ]. N. Wyckof, III
PearLst; E. Bridge. ia Pearlst h. !. Under
hill, 65 Pearl st; r. H, Serdell 80 Front st.; e.
Coming, 1872 Pearl.st.; Alfred Edwards l22 Pearl
st. r. P Buck, % South St; J. G. Allen, 50 Front
st.; Woodruff, a. F ront-st; E Wheeler SO Front
ct. Charles NJ. Livingston has been appointed
Cashier. Books Of subscription for the Stock may
be found with Corning Il Co., No. 60 Walst., or
VIM. & John O'Brien No. 80 Wallst-, or either
Of the Directors.
In The Tribune of Saturday will be found an
advertisement of the Mortgage Bonds of the La
Fayette and indianapolis Railroad, which will
be offered at auction on the 9th inst The Bonds
bear per cent. interest, payable In New York.
and are convertible into the stock of the Company
any time within FIVE years Mr.. White, the Pres
ident Of the Road, was formerly Member OF
Congress from Indiana. He is gentleman OF
high character, of thorough business habits,
and is greatly esteemed both in this City and az
home The route of this road is one of the most
favorable in the West and the greatest economy
has been exercised in all the expenditures. This
issue of bonds under this mortgage, which has
been made in trust TO Messrs. j b. Varnum and
Edward Whitehouse of this City and Hon II ;.
White Of Indiana, is S35O,OOO, which Is TO be ap'
propriated TO the purchase OF the lron &c the
grading superstructure, &c, having been provided
for by stock subscriptions. We ask the atten.
ton Of capitalists to the advertisement and shall
recur 10 the matter in a day or two with some
statistics,oi the prospects, costs &c oil the hoad'
We annex the House Bill reported by
Mr. Cody in the Assembly, and which was read
twice and committed to the Committee OF the
Whole.
The bill to authorize the city of Provi
deDce to guarantee the bonds of the Plainteld
Railroad to the extent of 100000. passed the
Rhode Island House of Assembly.
The Coinage of the Philadelphia Mint
from the goth January, to the l4th of February,
amounted to 1885, lsl, in gold; s7695O, in silver;
2,lO6, in copper total, s4,649,243. Ofthe gold
coinage, S363O,26O was in large coin. The
amount of outstanding certificates to individuals
- q n. or,d 70 anti
$4,000, 900. Total unooined, 1885, 300.
The report of the Cheshire Road shows
the cost of the road to Jan. l, to be s2,9OO,OOO.
The gross receipts for the year past were
s2Os Ala 80, an increase of more than 25 per cent
over ls49. The expenses Of the past year were
S92, 5s7 42-balance of earnings Sll5,S26 90. or
this sum, Se4,654 SO were paid for interest on
bonds, including sl6666 95 extra interest, leaving
in the hands of the Company s3l,l72 33. The
floating debt Of the Corporation is Sl34l43 Sc.
The following is an abstract of the leading
items in the last published statement of the con
dition of the 81 Banks in Pennsylvania, in No
vember, 1850.
Capital Stock Sl8olhl6f
Circulation g8SS4
Amount Of Depotls' o55
Specie and Treasury NOtes.......s.......... IRl@99
The January receipts of the Ogdensburg Road
were s., 500, a result which looks rather dimi-
nutive to the superficial observer; but it is well
known that the road has been crippled in conse-
quence of the inability 20 move freight from
Houses Point, its eastern termination.
The Illinois Legislature has passed the bill In
cooperating the Ohio and Mississipsi Railroad
Company. This bill recognises the charter of the
Road as passed by the Legislature Of Indiana,
and grants the right Of way from Nincennes to
nlinoistown, opposite st. Louis. The charter is
now complete of the road from Cincinnati to st.
Louis, by way of Lawrenceburgh, Aurora and
Vincennes. 1t is the longest road under one
charter in the United States. The Directors are
prosecuting this enterprise with the liked purpose
Of completing the route as far as the Jehersonvlle
Road, l25 miles, so that passengers can, within
one wear and half, be taken from Louisville 70
Cincinnati in five hours. Eleven hundred thous-
and dollars of means are now held by the Com
pany and it requires bat 100000 more to build
the road TO that point.
The Troy Post gives the annexed state
ment of the arrangement between the Hudson
River and the Troy and Greenbush Roads;
1.-THE Hudson River Company have obtained
lease of the Troy and Greenbush Railroad, with
all its Implements and fixtures, for the term OF its
charter-30 years-and for all future renewals,
having for the same per cent. annually on
s235 6OO-payments to be made semi annually.
The lease requires of the Hudson River Company
that they shall run all their through trains directly
to and from Troy, thus making this the northern
terminus of their road They are also required
to keep up the local business OF the Troy aud
Greenbush Railroad, running the cars as now Tor
local accommodation and for transportation
1--WE are informed that the Hudson River Com
pany will Immediately after coming into posses
sion of the Troy and Greenbush haliroad' con-
struct double track, Strengthening the same so
as to lessen the distance and putting down new
and heavier rail than is now used. Some sl50,oOO
will be expended for this object che ensuing sum
mer. and IL is expected that the work will be