New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-02-10

,.r,,.,, 1910 S333 3.g5S 81 ~
Increase Slo7S 40
Equal to over SO v cent. Edgeworth was firm
at the recent decline, selling at 81, seller next
week. Portsmouth was scarcely so firm as on
Friday, having advanced too fast
In Exchange there is nothing doing and the
market is dull at 9l0lO for Sterling, l32 for
Francs.
The steamer took about 100000 in Silver en-
gagged before Exchange declined.
In consequence Of the fall in Exchange the pre-
MUM on Silver has declined p cent.
Money is still more abundant to day, although
not yet so easy as it was month since. Private
capital is coming into the street freely
The receipts al the Sub Treasury are SOL )
Payments, $685. Balance, s4,5l4673.
Mr.. Robert Schuyler's plan for the great Cen
trail Railroad from Cairo to Chicago and GRlena
based on the land grant made by Congress last
session, has been approved by both Houses of
the Illinois Legislature, and a Charter has been
passed authorising the building of the Road by a
Company of New.York and Boston capitalists,
among which are Messrs. Robert Schuyler, Geo.
Griswold, Gouverneur Morris, Jonathan Sturgis,
Thomas w. Ludlow, and John F. A. Sanford, Of
the CITY of New.York and of David Neal, Frank
lin Haven and Robert Rantoul, Jr., of Boston.
The Cincinnati and Hilsborough Railroad, a
work of great Importance to the City of Cincin
natl and the district of country through which it
runs, is now being graded and bridged and will
be ready for the iron by May or June next.
This road will be continued TO Chillicothe in the
course of the present year and finally to point
on the Ohio river opposite to Parkersburgh, Vir-
ginis, connecting there with the contemplated
railroad from Richmond and Baltimore. This
road viii traverse n region exceedingly populous
and fertile, producing wheat, corn, hogs, horses,
cattle, &c to an enormous extent. 1t also runs
through extensive and valuable coal and iron
beds.
1t is stated that the Hudson River Railroad
Company has rented the Troy and Greenbush
Railroad, for the remaining term OF its charter, at
aren't ofbetween SIG, 900 and $4,000 year. The
Road is about six miles in length. This contract
has been made, doubtless, with view OF pre-
venting the Northern trade from passing east
ward.
The New.York Fire and Marine lns. Co. have
declared dividend of ten dollars = share.
The first Bank under the general law Of New
Jersey has been organized and the required certih
cate fled with the Secretary of State IL is to be
called the Ocean Bank, and to be located at Der
gen Iron Works, in Ocean County. The capital
is $4,000, and is secured by u. States SIX = cent
stocks
Mr. Charles A. Meigs has been elected Cashier
| of the American Exchange Bank, vice Mr. FISH,
resigned. Mr. Hoadley remains as Vice Presi'
dent.
A project of Railroad is now being surveyed
between Hoosic and Chatham, through Renssser
Co. to connect the Washington Co. and Bennington
Railroad, with the Harlem Railroad. The former IS
to be finished to the Hoosic River Valley, by the
4th of next July, and the latter to Chatham, at
the same time There will be then wanting
only 50 miles ofrairoad to complete great ia-
terror railroad to Burlington, VT, Ogdensburgh,
on the St. Lawrence ndMontreal, andultimately
Quebec &c. This SO miles is now being sur
veyed, and has progressed far enough to demon
strate the fact Of great feasibility. There is
continuous valley from Chatham, through New
Lebanon, stevetown, Berlin, and Petersburgh, to
the Hoosic River. The route is unusually favor.
able for easy grading-few curves and Of very mo
derate grades. This road is ofespecial Importance
to New-YOrk as il will connect with the OsdeRs-
burg road and the entire western VI. Valley, for.
wardng freight and passengers down TO New
York, instead of crossing them to Boston. At
Lebanon Springs the number OF passengers Of the
various routes are in each visiting season about
vethousand. These would mostly pass over that
Railroad which should run through the place, aud
be increased very much in very short time.
The freight bills for sbanOn Springs including
the Shakers business, amounts to $1,000 annu-