New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-03-12
THURSDAY, Marchll-P. NJ


The Stock market to-day does not ex-
hibt the buoy sncy which has marked it during the
week, but there has been fair business done AZ
prices about the those OF yesterday. Inc
only marked buoyancy IN Long Island, which
under Philadelphia purchasers went 70 a. an al
vance Off - cent. Other Fancies were generally a
little lower but net more than was TO be expected
after the late rapid improvement. Erie Securities
were in fair request and firm. The Second
Mortgages improved. DaupkD Coal Stock shows
a further advance. For Government and State
Securities the market was firm and the demand fair
Al the Second Board there was recovery ofbuoyan-
cy in some OF the Fancies. Erie advanced TO sat
and Reading to 7Os. After the Second Board 800
shares Reading sold at TOT, howiDg further im'
provement
The market is dull for Exchange, with
a good supply Sterling is 90l0 per cent, the lat
ter for frst.clsss names. Francs,5Isi@3l7i.
Freights are not active, for lackOf space,
and lpiioes are unchanged. Engagements, 900 or
1900 bbls Flour, 2s 3D. Cotton, 5-l6d. l5,000bush
Grain, ID, DC. Some Flour was taken for the City
Of Manchester at Philadelphia, at about Is 3D.,
and Grain at about I'd. For London, 5000 bushels
Wheat 40. To Hamburg and Bremen, 500 or 900
bales Cotton, &C. To Havre, there is but little doing
at Ic There is fair business doing to California
a, previous rates.
The receipts at the Sab Treasury were
$lo3,e56 Payments, $lS6,2s6 Balance, $a'77,o79.
There is an increasing supply of money,
and leans call easily negotiated at sac "
cent from first hand Some of the Banks are lending
ats y cent. Firss-class paper is passed at ID cent,
and parcel OF $50 COO, at 80 or 40 days was taken
by the promiser at y cent. The payments fromthe
interior are better than anticipated, and Of
the Jcbbers are anticipating their payments
Sales of $4,000 Of the Western YER
mont Railroad Bonds, Withdrawn yesterday from
auction have been made since a! 81 by M. Draper
Messrs. Cammann, Whitehouse e. Co. ad-
vertise in another column $4,000 of the Bonds Of
the City Of La Fayette, Indiana, given for Stock
taken by the City in the La cite and Indianapo-
lis Railroad, which Road is extension northward-
ly of the Madison and Indiana polls Road La Fay
cite 10 city of eight thousand population
and has only $4,000 OF debt, including the above
$4,000. The Road, for the Stock OF which the
Bonds are given, is GO miles long, and was built up
to the iron with Stock subscriptions. La Fayete is
on the Wabash and Erie Canal, at the head Of
steamboat navigation, on the Wabash River, and is
aplsce of large trade.
The Legislature of New-Jersey lave
accepted the invitation OF the Nes.Jersey ZInc GO.
tovisit their works a, Newark Saturday, 2oh inst
Advices from Washington state that the
proper formalities in regard to the lands granted
TO the Illinois Central Railroad will De comp eted on
Friday, and the Company DO put In full possession
The road will now De imme dia!ely put under Goa
tract.
We find in The Albany Euening Journal
plan fos tunnel across the Hudson for the use o
the Railroad lines concentrating at that point. II
10 communicated to The Journal by MIR. Hlgham
civil engineer connected, we believe, with the Hud-
son River Road. Application has already been made
TO the Legislature for permission TO make the tunnel
snd there appears to DC little doubt that the permits
sion will be granted Should this be practicable
plan within moderate expenditure, II Will get rid
of that great bone Of contention between Albany
and Troy, bridge across the Hudson. MIR. HIgham
estimates the cost at $5l7,72o The plan is gene
rally as follows
lis proposed TO commence the work at Quacken-
push-stItet, by an open cutting at descent of $50
feet per mile 10 Columbia 81, where a sufficient
right will be attained for the commencement OF
tunnel. The tunnel, from Columbia 81 TO the river,
10 10 be made in the usual manner ny driving drift
and turning brick arches From the wharf into the
basin, the work viii be executed by constructing
eoher dams. From this point for coo feet under the
channel of the river, II is proposed to sink tubes
ana turn the arches IN she tuees The rensinder of
Will DC constructed in Golfer -dsms GreenIs-
land there will be open cutting. The form proposed
for the tunnel Is two circles, connected together
by range OF columns, the arches To De
OF brick, twenty seven inches thick. the brick
TO be made for The purpose, of the proper shape
three courses OF brick TO form the depth OF the arch
where the arches JOIN in the GENRE on the col
umns viii be casti iron girders Ia the bottom of the
arches, uhcer the tracks, will be suitable drains TO
(Which vii se .hs pe 1 ,p :. .rs o"ss point
from Ihe tunnel The object OF giving thus form TO
She tunnel was TO ssve hight, and TO lesson the
grades entering into It. That portion OF the tunnel
across the channels 10 be of the form as the
ssner parts described but instead Of building Golfer
mM proposed to drsdge the river to It's proper
aepth ana 10 sink wrought iron tubes IN which the
onck sr. hss VII be turned The tubes proposed
10 DC oui' OF boiler plates made such iengths as
"S '. s,a p..encaols The plates OF The tube
and stiffness The ends OF the several lengths of
tsoes, as Ihey are sunk, to have Temporary bulk
heads, so that the arches through each see,on NAV
be finished when the joining viii be mals ~ thro.
ing pudding materials the outside oftne tuhss and
when tight, taxing out the oulkheAds and turning
the arches At the connections. The materials for
the arches to DC taken iGio the tube By pipes rising
above the water From the iron tUoes 10 sas e At
shore OF the rver is proposed TO build Golfer dams
In sections of from 200 20 900 feet long by driving
piles and padding between them. On the island
the open cutting 10 be suti aently vide 20 have
plank road laid from the mouth OF the Inanel to TIE
highway az Essi Albany, and branch, or lateral
tahnel will be made on Broadway, between VI tlten-
lane ano Steuoenst, for carriages aad foeg psssen-
ssIs chimney for ventilation ti5Q feet hisa) viii
oecohsuac'cd ON the pier, at which place will 90 tue
Peimsnehs Draining pump and the sas woT@s for
behiipg The tunnel, and the several railroad coa-
pshies depots, shops and grounds. A staircase viii
also be made on the pier aRtoRe on Q0ay-st TO sive
access 10 foot passengers into ths tunnel double
track railroad Will be made from Easi Alsaay to
QnscksDoush-st, where they viii connect with the
tracks OF the several roads leading into the general
passenger depot proposed 10 be erected for . tne
railroads terminating al Albany, and the freight
grounds Of the Albany and Schenectady RNlfoad
In the tunnel ss be sidewalk, neatly railed IN tor
foot passengers.
The Money market at Boston lsyery easy.
Az r"iadslphia money is also plenty, aud good pa
PER passssat 6 y cent.