New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-03-26
The sale of Sl5O,OOO of Bonds for 70

q
$25 geo to John J. Palmer -.lo3l7
The sale of Sl5O,OOO of Bonds for for
eign investment, reported yesterday, was made BY
Mr.. Simeon Draper.
Sales were made between the Boards Of
Northern Indiana stoeh at lO7, and Southern Mich
igan at 100.
The rapid rise in Nicaragua Transit Co.
stock which has gone from 20 40 In ten days. has
excited considerable attention in the street, Differ
snt predictions are made as to the point /. will
reach, ranging from so to par. II is known that
those who are best acquainted with its affairs,
the larges. buyers, even at to-days advanced rates.
and that but very little stock has been sold by tue
original projectors Of the enterprise. 1t is stated
indeed, that there but 900 to 1900 shares float
ing stock upon the market, portion Of which have
been turned over several times during the present
rise. The original partners in the enterprise were
eisht, which number of shares after ward in
creased for convenience OF PARTITION to 1872. Some
time after the Canal enterprise was entirely sepa-
rated from the Transit route across the Continent.
and two distinct Companies formed, each ORR
ginal one hundred and ninety second share
owning the same proportion in each of the two ne
ompanies. The capital of the Transit Company
was afterward increased to a. 00o giving to each
Company has connection with the sea steamers Of
this route but only receives proportion OF the fares
for transporting passengers from San Juan on the
Atlantic 10 San Juan eel Sud on the Pacific or vice
versa. After enlargng their capital they went to
increase their facilities and to put the route in good
condition as possible and have carried large pro-
portion of the passengers going to and coming from
California In comfort and speed they have fairly
competed with the Panama route, and their passen-
ger Lists are now full nearly up to June. In tas
course of few weeks the line will be increased by
new steamer to tr monthly line, and during the fal
there will be weekly trips made, which will add
largely to the traffic OF the route. The compa-
ny have now 1--WE steamers on the river and lake,
and have two more being put together at San Juan
When the two are ready the Transit Company will
be prepared to transport freight which they have
not yet been able to do, and from which their re-
ceipts must be very large contract has been made
for plank road over the twelve miles of land car
rage on the Western side OF the Continent, and
sufficient number Of stages are now being built to be
ready as soon as the road is completed, BY which
that twelve miles may be done in two hours. The
Company have an exclusive right well guaranteed
to the navigation Of the river and lake for 90 years
They have large amount of money in hand besides
all the property including the steamboats, on the
Isthmus, paid for, and will declare dividend the
18th OF May next OF three three anda half dollars
per share, which has been earned since the LIST of
January last. The more sansuine friends of the en-
terprise predict with confidence 90 p cent dividend.
perAnnum. Such are the facts we have gathered ia
regard to this route, in answer to numerous inqui-
ries made OF us to the nature Of the stock
lately introduced at the Stock Board quoted Me
aragua."
The amount received at the Sub Treas
ury was $722l9 Paid, $22s 2I3; Balance, 90 1872
The foreign advices quote dullness in
Cotton and slight decline. Breadstu1s are unset
ed and the letters are contradictory some quoting
a decline, and others speaking of greater hrmness
at the close. The money market was without
change and Consols had advanced to 97s The bull.
ion in the Bank continued to increase. The return
for the week ending the 9th Of March gives the fol-
lowing results when compared with the previous
week
Public deposits &c Ss2s,s Inc ease..---elraes
Rest 366 5l8 Incresse.---.-- l23lg
On the other side of the account
Govsrnmet Securities flS sos ,2s In,rease--f7,a4
Notes employ ed-.---- la65sSa5
The amour. Of notes in circulation is f2o, 237 800
being decrease Of f2s6,l50 and the stock of
bullion in both departments is l9,4l0 070, showing
an increase of fl7l,l46, when compared with the
preceding return. One or two unimportant failures
had occurred. The bullion market was without i'm.
Portant change French funds were down to 1903 a5f
for Elves, and 6s 25f for Threes.
We had a rumor yesterday, which we did
not print in relation to injunction on the Cochit
uate Bank, at Boston. The Boston papers now Goa
nadet the rumor and state that it gre out of
personal difficulty between Director of the Rank
and one of the Bank Commissioners.
A telegraph dispatch from Boston states
that defaleation had been discovered in the ac-
counts Of two Of the Clerks in the Suffolk Bank.
A pamphlet is in nreparation hv mar.