New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-06-09
TUESDAY, June s-P. NJ.

today with firm market at the Frst Board, especially
Tor Reading which touched I9'. Erie W. sofa. Can
ton sll,. Nicaragua sea, &C. At the Second Board
there was considerable business done, brt generally at
lower price, Reading closed at 19a bid Erie fell OF
TO S6: Norwich to SHE, under the decline In earnings
for May and Stoningon sympaihlzed goingto 81, buy
ers option Nicaragua wa frm at S5N. With tais exc
ceptop and Carton for which 81 was bid, the market
was heavy FOR faneies
In Government and State Stocks there 10 some activity
at u prices OF Indiana So $4,000 sold a. 9slsa ave.
showing & further advance. TIE Canal Preferred Sc
also continue to advance Virginia &c sold al u which
Is the tishes, point hey hs+e reached IN Railroad
Bond. there Is fsir business 6uing There Erls
heGvpes, in Erie Bonds but other descriptions were
frm
There has been but small business done
IL Exchange for the Boston steamer, but the market
.tesdy a; 10 l0l Tor good and svorte FrIncs
are 5l6,4 a5l5
The market for Liverpool Freights is held
firmly. Engagements 1900 or 5000 bbls. Flour, iss
I'D; Grain, %. Id; Cotton, 532i. Dead Weight.
% Gals Resin, l.. To London, 100 tuns Measure
rnent Goods, 20 $50 Flour. isl Naval Stores, q.
To Glasgow COO bbls Flour, lsd. 10 Antwerp, Cot
ton Sec and 600 bags Coffee, 3i6,. To Havre Cot
ton. 539c; Ashes, IS Bark. g. Three or four Deal
reIshts made from New Bruins wick TO England at 65 %
20 and three foreign vessels took light pipe slaves for
Marsellcs. at SIS and unknown terms.
The amount received at the Sub Trea-
sury is s7OO97 paid s3l, OBJ; balance 81 ,l955sa.
We stated some time since that notwith-
standing the adjournment of the Ohio Legislature with
out an appropriation for the July interest the Sste
Debt, that interest would be promptly paid We now
repeat that statement ON the authority Of the State Treas
urer.
The prominent topic of the street is
still the Erie Dividend, and the agitation c the subject
and the doubt to a declaration OF y cent, has
occa,ioned another decline to day We hear that the
subject will be discussed at the Board meeting to-
morrow but decision win probably be had for sew
ers days. The earnings, 1t is understood with tho
surplus of the previous six months, will be sufficient
for a y cent Dividend, but the Board Ia about
equally divided upon the policy of making ora "
cent There is reason to doubt that The managers
Of tie Company will declare all that has been honest
" earned, and more than that should not be asked.
In the present crisis, when they are 10 the Lon
don market fyr a lean, they have every nducement
to sustain the reputation Of the work by making
large dividend as they fairly can. The money bor-
ROW ed in London II borrowed at ALL will be used for
double track and for the reimbursement Of the Income
Bonds, which drawing b cent, while the new
sterling loan will be made at y cent II having been
suspected in the street that suggestion that LIST March
ard lst September would be airer dividend days. than
let January and let July, emanated from the Company
and was pu. forth feeler by them, have only TO
ssy that the suggestion entirely without
particle Of official character about it, such changes
never having been alluded to in any conversation be.
tween the hangers off this road and the writy.
The receipts of the Norwich and Wor-
ceser Railroad for May show considerable decline on
the same month of last year This is partly the result
Of the reduced rates Of freight aud partly OF the de-
pressed state of the manufacturing business along the
line Of the road.
The receipts v
In Aay, Zd7H 81
Decline. 20 -
The supply of money continues to be in
advance of the demand and rates of interest rather tend
downward Call loans and hrst class short paper ara
las 2 cent
The Bermuda steamer took $4,000 in
specie
The capital of the Hanover Bank is about
to be increased to million of dollars This Is Of
the successful new Banks in this City
Tomorrow, Wednesday, the Water
Commissioners Of Jersey City will open at tlse office Of
Jas g. King Sons the bids for 500 900 Elk per cent Jer-
sey City Water Loan, renbusabe In 1871 the Interest
payable In New.YoYk. The Bonds arc Issued under
authority given ~ act Of the Legislature, by which
a Board Of Commissioners apponted for the pur.
pose Of constructing works for supplying III, City with
pure and wholesome water be taken from the Passac
For the purpose Of accomplishing this object the Com
issioners authorized 10 borrow al OF inter-
est not exceeding six per cent per annum the sum of
100000 and al the real estate within Jersey City,
and al goods and ehaties within said City, belonging
radens thereof, shall he liable for the payment OF the
principal and interest that may become due tie scrip
or bonds to be Issued By virtue Of ills act"
L IS proposed 10 issue only $4,000 Of this
1unt The Commissioners In their Circular say
Je ,ey City is situa'ed opposite the Guy Of New
York, on the western shore VI Hudson id'ei' aonS
which extends something more than mic ans hsn
and IL about nile and a quarter Ia width. ltbtup-
posed however, that within lew years Ine mu
nicipsl government will be extended 70 inciaie HOBO
ken on theGorth and the
aye now n progress that part Of Bergen Hu lying
westward Of the present city boundary " "a assessed
valuation for local taxes on real estate ana Sne'
(Which does not include invisible property, or the capt.
ta stock Of banks insurance gas or otner incorporates
rcmpsr ies) was in July, 1851, s,76L6lo.
Tie present debt Of the City appears, from report
rnbushed by the Finance Committee OF The Common
Councl In March last 20 be little less than $4,000.
snd the assets Of the Corporation set down In thu
sane report at sa1,730
hsltsd from contracting debts the whole amount Of
Which shall exceed $4,000 unless expressly authorized
10 do 40 by the Legislature
The Jersey City Ferry transports passengers and
freight 10 and from New York, for the following Raul
roads which either terminate are worked In ccnnec-
lion with roads termir ang In jersey City wJersey
Railroad, Central Railroad Of NewJerssy Morris sud
Fssex Railroad, Paterson and Rsmapo Railroad. New
York and Erie Railroad.
The Commissioners conceive, tina, Vie favorable Sit