New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-04-29

Increase in 1853, slj,435 sl.
On Monday train will leave New York for Buffalo, viii
the Erie Road in AZ hours rate of speed that leaves lit
e 70 desire by the fastest travellers For the West fast
train will run TO Dunkk in much less than the present
time making the Erie the most rapid by some hours
for Cleveland and other Western travellers The passenger
receipts on the road very perceptby increasing, and
the earnings for April will Justify the friends OF the road in
the liberal estimates they have made
Mr. S Diapers regular weekly sale of stocks will take
place at the Merchants Exchange at l2s o'clock to NOR
row afternoon. Among the offerings we notice shares OF
the Erie Paterson and Ramapo and junction Railroads OF
the Metropolitan and ST. Nicholas Banks and the State
Bank Of Illinois Of the Manhattan Fire Insurance Com
pany and of the Minnesota Mining Company
notice report in The Ereaiag Pot Of last evening
that an junction was granted against the Junction Rail
road of Ohio preventing their crossing the bay at Sahdus
XIV which without explanation is likely to misead the pub
Hc Upon inquiry learn the facts are as follows; Inc
junction Road originally chartered to go West through
Fremont but upon survey being made the shortest route
bv some ten miles found to be the bay by the
yav of Port Clinton The Directors Of the Junction Road
fearing those interested in having the road go to Fremont
would ask for an Injunction organized under the General
Law Of Ohio under charter called the Port Clinton Com
pany and located their road and contracted for the building
Of the same. The whole question came up before Judge
Mclean and he decided that the Junction Road could no.
bridge under their charter but that that the Port Clinton
Junction Road will build the bridge 1t settles important
question TO the roads leading West; the Toledo and Nor
walk Road are about building bridge acrosslte Mium9e
at Toledo to avoid the ferry This viii enable them to 60
at once the work and avoid what has been great hind
rance to passengers.
The Pennsylvania Public Works not in complete
order yet as We learn from The Ledger. 1t says:
Breaks and leaks have been frequent and several weeks
Of navigation have been already lost and from what we
read below, from last Fridays Diarist weeks may yet
elapse before the work is in nvlsaoe oragr II say. ,
mornng-ons Just below the aqucduct where the water
ran through under the embaDkment wall on both sides;
small one At the head of the Lock No l. and another near
the head Of Lock No . The most serious of thse - the
adueduct About 200 feet of the wall will have 70 be taken
out, and the foundation extended deeper Il is hardly
probable that any boats will be able pass before the last
Cfnex week If them We trust the State authorities hay
ing charge of this work may have satisfactory excuse
bic negligence We understand that more has already
been lost TO the Commonwealth in tolls than would nave
paid of requisite repairs The loss to the State Is
however light compared with that sustained by interrupt
ton 10 the trade the several Coal Companies doing busi
through it, This section of the public works has long
been in bad condition, and should now receive immediate
attention.
Sterling Exchange for the Of Saturday has sold
TO some extent at 1929 1922. Bills Paris SIS 05l3}
and 5l $40 for short Probably small shipment of
gold bullion in ngots will be made by this steamer.
Application has been filed with the Controller of Tennes
see for bank under the of the Bank OF Nashville,
TO be located in Nashville with capital OF five hundred
thousand dollars Fifty thousand dollars of Tennessee
bank notes have been purchased security for its crcu
ing notes.
The Freemans Bank Of Washington City has closed its
doors having first placed funds the hands of agent for
the redemption of its notes
The Rochester Democrot, of Wednesday, in abiding to
the reports in circulation that the Geneee Valley Railroad
was about to be leased 10 the CohOcton Road, says:
In with the original friends OF the valley Road
we have felt a strong socude TO know the truth on the
biect and have rerained from saying anything until as
pertaining the facts We liberty TO state the
nature of all the arrangements completed about to be
completed in connection with this enterprise but we can
saw and take sincere pleasure in assuring It's friends
that the Genesee Valley Railroad is to be built according to
the understanding which existed at the time this city voted
TO subscribe to stock connection of the Valley Rail
road with the Pittsburgh Road certain now than at
any former period
The Rochester american, of the date, says:
Railroad negotiations affecting the interest of Roches
ter very materially, have been made within few days
and need only official ratification TO become fixed facts
The parties to the same are the Newfork consod tied
Railroads and the Buffalo and New ork City Railroad act
ing in conjunction the part and divers other Roads
hereafter named the other part AS we are informed
The Conhocon Valley Railroad to be stopped at Avon
and Is not 10 be carried beyond the Genesee River All
tber works west of the Genesee River to be ahan
doped in consideration Of the Of OOO to BE- PAD
bv the Consolidation of the Buffalo and Newiork City
Railroad
The Conandagua and Niagara Falls Road is to give up
is proposed terminus Buffalo, and 20 to Tonawanda and
the Fails in consideration Of The sumot 100000 TO be pnd
as above. 49,
Collateral to these plans also the projects Of ea%
no the enesee Valley Railroad and putting quietus upon
The Rochester and HoDeoye Falls Railroad.
These nav be regarded among the first fruits OF con
sol:dation They of the highest Importance to the
Roads iuerested and far the Buffalo ana New ork
CITY Railroad are concerned OF paramount advantage
10 them. ,
II impossible now state what action may be taken
upon the leasing Of the Valley Road The Directors meet
tomorrow in this city, when, we presume the commit
tee of conference will report majority OF them are al
verse 70 H. II remains then for the stockholders by the
nex election of Directors. which is held June to designate
the course they wish pursued II majority OF the shares
6yors leasing il will be done The papers are ready Tor
execution.
meeting was held at Geneva Friday behalf Of the
extension of the Sodus Point and Southern Railroad from
Vienna 10 ntesect the CanaDdagu, and Emra Railroad
at Beopa committee appointed 10 Obtain suoscrp-
ops 10 the stock who to report to an meet
ing to be held Friday evening.
The contract for building the San Antonio and Gulf a
,oad has been awarded to Messrs Jones Dsvne They
have agreed to complete the entire road within three years
from Saua at the entrance OF Matagorda Bay 10 me city
of San Antonio for $4,000 per mile For this sum they
are TO build al the necessary bridges depo' tanks &c
and place the ears and engines on the road
Markets.. CARETuLLy The N. Y TRIBUsE
AsHEs-The market firm for s. 3D. Pots
steady nj IS. Sales Of 5otbls ,
COTTONIhe market les eeive to-day Sales OF 900 bales
and yesterday 8, 900 bales q tbs late decline.
FLOUR AND hEAITheIe increased hrmnessin our nnke
for Western end Stre Flour The arrivals moderate and the
ny - an ted The Eastern olpsSa g,od odd peal inquiry ia
We notice the irf sValsffon e Caae ody. Canaan