New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-05-07


showing an advancing market
The result of the election in Buffalo Oh
the subject Of aiding the consrutcn OF the Ranaord
CanadaWes, Railroad 800 favor Of 10 30 sssinst
he measure
A meeting was held at Rochester this
week for the purpose OF organizing the Rochester and
Lake Ontario Railroad Company Tie fu,wias gsa
lemen were elected Directors A. Boody, Rochester
Freeman Clarke. do; H. Z. Rochester do; VIM oeist
do E d. Carpenter, do Edward waiishoase. New
York; j. r. vanum, do; l. Il. Holmes. Broekpors; a.
C. La,is, Charlotte; VIM Rankin, do; J. Estoa do; L
B. Lsngworthy, Greece
The message of Gov. Seymour, of Con-
necticut states that the fnsncial s. of tie State are
in mos, prosperous condition LIS ordinary expenses
for the fiscal year ending the Slst of March were
sloesl7 81 which with S,sss paid to the school fand
and Solo IS unpaid taxes. made total of $l31S Ia
The receipts for the year. including balance of ssS
600 - hand, sls&iSS sl. leaving remainder
OF saio3 CO beyond the expenditures 5000 OF this
bss been appropriated to the payment OF the indebted
ness the school fans which il discharged In full
and the State commenced les present fiscal year entirely
free from debt and with S3l 900 In It's Treasury Un
der these circumstance the recon neni thas
the State tax be reduced from 10 hreetourshs Of
n cent The Governor rcitersfes his rccommeadA-
ton in favor OF the adoption OF the system of free bank
ing in Connecticut
Money is very abundant in Boston.
A special meeting of the Vermont Gen.
trial Railroad Company held a, Northheii Vermont
yesterday morning. Governor Paine in the Chair
A proposition made to accede to the Dres,rs'
plan of issuing second mortgage bonds at per cent.
payable in fifteen years, TO amount not exceeding
five millions of dollars which excited much debate and
opposition, the interest such sum could not DO
paid out of the roads earnings. The Charman stated
tina, the prospects of the road good aud do
ing good business Mr. Chandler one of Mr. q ilacy's
assignees, made some explanations to the result Of
his Investigations advisable for the interest Of
all parties that the differences should he settled by com
promise. There estate which woald
suffer much by being sNued by assignces. Most
of Mr.. Qaincys property 10 In real estate, 10 which
Mrs. Quincy has right OF dowry, aud which, there
fore, cannot be sold without great sacrifice. Mach
Of IDS property Is In improvements upon tao -
ates Of others. Ii the estate Is Opposed of nadar
the nsoyent laws of Massachusetts,, will be cruel
sacrifice The Central stockholders will ho the greatest
losers They hold four.ths OF the claims az sins, Mr.
Quincy He said thi majority of the present Trus-
tees had proposed that shall be taken out Of In
sovency, 10 be managed by Tires new ass9nees two OF
whom shall be appointed by the Directors OF this road
and the other to be at the present number. who 10
OF the chief creditors they TO dispose of tho estate
to the best advantage In order to secure the release Of
Mrs Quncys DOVER II 70 proposed that her estates, In
which Mr. Quincy has life interest shall be assessed,
and that the creditors shall receive 10 per cent OF tho
value that other estsfes pee uafly situated shall be
sold for the benefit OF the creditors and that finally ell
parties shall say quit the matters In controversy be-
| tween Mr. Quincy and the Directors OF the road IL
the present 60 for ward under the insovene
law OF Massachusetts, IL will DO cutting aud slashinG
work and the result 10 the creditors most DISASTROUS
He had understood that the Board and Mr. Quincy'o
nienos were both agreed to this plan.
The present annual product of the pro-
cious metals an officer of the U. s. Treasury Depart
ment estimates follows:
All south America ......,............... $p7l0OOo
Add for any probable increase according TO tho
best authorizes JSWsW
Hun gary SaXony and Northern Asia........" 4OO1W0
Rnssns the highest estimate OF late years. 2fDDooOO
Africa and South ASIA Ia rough estin,aeD .. o0o000
Csrolin, (;corria 500e0o
81 10000
The annexed statement will show the
receipts at the office of the Collector Of the PHI.
adelphia and Columbia Railroad for the month OF April.
and for the fscal year thus far
Amount as per last Report .SlOSb5O ~
Amount for month ending April 30 1872. $500 %
Whole amount since Nov. 30 1881 Sl59 $40 ~
Sane time last year ........-....-..-- lJI,oof %
increase S-<,0io %
Markets. CAREFULLY REPORTED FOR THE TRiBvxs
TdunsD,v MavG