New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-05-06

this statement Of The Ctica O1-es - "hO1' any N'-1
dafion.
Asrge meeting OF the stockholders Of THE Morris Canal
Co was he'd today jersey City, 81 Hhich report vas
made IN reference 20 e improvement Of heir property
Committee xasayponied 70 confer with ;he Directors upon
the most udcious q improving and dsposing Of
il The report contains legal opinions IN regard TO the
rights q the Morris Canal Co. in the premises and the FOL
lowing plan Of Improvement suggested b. gsnten1 Of
eminent practical knowledge ofthe subject.
J. To I'll Up Hudson 81 and make bulkhead or wharf
10 the southern boundary q ne properly say $3.50 iee
To extend from bukhead or wharf on Hudson 3 nc
Hudson River Ten piers as feet long 3 feet VIDE ana %
feet deep which viii give equal number o. 3 ps 'o W
cUlancy Of vessels subject % Wharfage
The amount Ofrevenue 70 be derived from these WlAfy
may estimate By comparison with that obtained 2y 1s
Cunard Steamship Company for the use OF one pr ST. o
% those described above, Immediately aOl0nLH5 49,
which leased from the Jersey AssOcaies @oou1 .S
years since annual rental d s. OJ0 bat WDich on -
expiration Of the present contract can reaay o. ~ C
$4,000 year 70 the parties. Inc rssuiI 70 tne
Company Of the building o these piers can e~sny % 80,
Should they AL rent al the price named so0ve ~ -
there is no doubt entertained il VIII give ne o5 600
sum Of 10000 annum, equal % 2 cent on =
g. To use the whole Jre03 Of the south SIDE o. ne p
misses would yield G. wharf lots and ieavi arsP ~, y
ding the ground for filing II wharf 81 ~. o.
To wharf out the nsrh vest boundary Of the pfsi's
100 feet east Of the line Of Van NOrstst, "ould gI'S 81
wharf lots with deep water BY reason OF excavation 10 LIZ
in for wharf, &c. .oooe...
end pier fronts, and would leave rresPect.e OF
lots 81 the following character, viz: Wharf los on
q x72 Sins for vessels equal 70 Ots, z'2 INSIDE 'ls
1850 What lots on South Water front O. wharf los on
West 'front.' g2-Ota lots 800 irrespective 81 stess al
;be vharf and pier lots would be thus VIZ; On la'9n
272 slips from Hldson-st equal 70 Iels, - "a - ~
front o. West front, 92-total wharf lots 10 mo-. ~
which having for the largest class vessels anu 'e
remainder OF sscOnd class AZ least u.
This plot gives before stated about 1900 ieei o.
he Atlantic Dock Company has 100 feet The value
Of pier lots at the dock il about 5000 per lot
The vaue of other lots at the place Of SIZE - ~
go feet with depth Of water feet, worth s-'y.j0' =.
The value Of Ike property lths Of a mile west, IN
State where lUh Of the amount IN bIooh! VI
New. ork, forms element in tins estimation.
The Company has abundant power under is charter 70
raise money to effect the Obectwhch il not necessary %
refer for that is within the knowledge OF me Directors
They are aware that the Canal Company now mas on mana
$500 CO., preferred stock negotiable al par IN auuon 10
other very extensive powers under the charter 70 rse
money by mortgage and otherwise and It does NOT a1h'
Of doubt that fast the slips and piers are CONSTRUCTED
sales can be madee proceeds Of which may be devoted
20 the peton OF the work The several lines oil s'ea
ers forming in Europe and destined to the port %
New York cannot be accommodated ON ths ets' sue ~
the Hudson River and there i no other place convenient
Or indeed possible 10 be obtained from them e1cep' atthe
jersey sb re-.
BY reference 70 the Engineers report will be seen
that specifications have been obtained for the cost OF bald
ing the piers bukheads &C. &c and that ten wharyes
with basins Of the size named above be erected orhs
OF sos 23j 20 and that the estimated Gos o hHng
in tie whole property extending west oi nIuso y anu
the Hudson River and east Of Hudson st. and south OF the
fad continued line Of the southerly Line o. Essex ST. i
s5-6lGj 40, giving 800 lots, from when are 10 De De
Quoted the number necessary the formation OF the piers
Of the valuation Of these lots but little diversity OF OPINION
appears TO exist the various surveyors who have been con
suited appraising them at about 100000
The full opinion Of Mr. Geo Wood, and the resolutions
adopted by the meeting viii be found in another column
The steamer Parker Vein has returned from Baltimore
With fall freight, having made the run in fifty hours
& Mn, Iottt On siffs
City and Baltimore for the purpose of carrying coal and
other freight for the Parker Vein Coal Company We hear
the expense of running these propeles but little more
than sailing vessels when compared with the saving oil
time and that there is sufficient amount OF freight at Bal
tmore 10 keep these boats occupied during the umner
months and that at the present rates of freight each trip
pays handsome profit Among the freight by the Parker
Vein was some Tennessee Cotton received at Baltimore by
he Baltimore and Ohio Railroad In connection with
hese advantages the Baltimore and Ohio Railroad Com
pany will extend every facility to the Parker Vein Compa
nv to transport their coal to Baltimore knowing that this
Company has now the OF carrying their coal 10
New York.
Talman j. Waters Esq, formerly Controller Of this City
snd lately President of the Phoenix Coal Company WAS
Yesterday elected President Of the Langoen Mining Com
any Mr. Wynne retiring from the Presidency but taking
the Office of Vice President 20 reside a. the mines 20
which lis undivided attention viii be now directed Mr..
Waters has Just returned from visit TO the mines aud
makes a very favorable report
MIR Draper sells tomorrow large amount Of Bonds and
Stocks, including
ss0OOO Fit Mortgage q Cent Chicago and MISS supp Railroad
ni siocce City Of wiIhamsbgrgb Bonds.
seven y Cent Moage Bonds Of the Brunswick Cana a1d
"1 is5 V sSaS DS OF Ou,arO Bank stOak.,
.t Mos'Ss soaSs e Bs sSRs s,SSs RC'
s7 600 Bonds Of The Junction Railroad Company Of OHIO
.SvfftI Rank fock
10 shares Kuickerbocker Bank Stock
,dS ,isIss Bpso cornins and New Raoad Co.
g. SEQ Bonds Of Perrysbursh ono &C. n,
eco P,gT9 sn sns "oi. Rso Ss Bonds
40 .hares Toledo Norwsh and Cleveland Railroad stock
The Boston Journal of this morning says:
Advancement was realized in several Of the avorite
Copper shares Tolite went M TO l5l gam OF - per
Copper Falls advanced ST. and for Forest there was
God demand The smaller fancies Were also stronger
snd more scive Dana, Winthrop Naive and Glen are
n1tsd traction higher Malone Sandstone met strong
steady market and gained in quotations Accounts from
Malone state that orders for stone are coming IN daily and
the prospect for profitable business during 'ne summer Is
considered good forty sborers now employed at the
and shares are attracting more attention For East
BOSTON the demand good at PSI 25 and IN Gary and
Waverlv transactions increasing The Eastern Rail
way Is now progressing rapidly through the Cary grounds
and viii soon be- completed Seven or eight houses have
been erected and Others viii be soon under way Streets
are bene Graded over marsh and upland young trees have
bar lanted on the avenues, and the whole Cary village
wears an appearance OF business and progression 1t VIII
soon be an attractive settlement .
THERE'S still greater ease in the Money market Lar
Ger amounts of capital are offering in the street for ngoA
ton than AZ any time since the recent Hurry ami the incl
nation Of rates is downward
,farkets. CAKKFuLLy REFoRTrD FoK THE y Y. TKbvSE.
AsIES-The arrivals and prices lower Sales Of 100
e9 aIiet steady Sales 700 bale, yesterdays
PsioUR AND MEAIThe arrival. bsAt Of Western and STATE