New-York daily tribune., 1853-12-26

rere~frg
The Northern Light at hand with two millions Of god
on freight and in the hands Of passengers The Apnva
steamer will probably add a million million and quar-
ter to this amount and the Pampero at New Orleans tse
rreIhed as having large amount This semi monthly
shipment from San Francisco probably gives sggrs
gate Of four millions Of dollars.
The Tradesmans Bank has declared dividend Of three
dollars share.
The Hanover Fire Insurance Company semiannua
dividend Of 2 p cent
/ The Rome Exchange Bank and the Fort Stanwix Bank
of Rome viii each pay dividend Of p cent oa the 1s
Of January, and the Bank of Rome similar dividend on
the Isl Of February.
The coupons of the Boston Concord and Montreal Rail
road due on the lst of January will be paid the Office
Of j. A. Underwood & Son, No % Merchants Ez hinge
Business viii be very generally suspended Monday.
The Board Brokers' the Merchants Exchange and the
Corn Exchange have adjourned to Tuesday In the
street there viii be few no transactions although
Christmas comes Oh Sunday the Banks cannot legally close
Tie adyces per America have had favorable eject upon
the Dradstu market Flour has improved 25c per bbl,
end Wheat &c. per bushel Corn il plenty anilower.
We it stated in of the City papers that the OHIO
and Indiana Railroad Company has been compelled in part
to suspend work their line for the want of
We are authorized by the agents of that Company in
this City to sey that this is The work the
tire line is rapidly progressing to completion
Tie non arrival Of a small portion Of their iron rails,
which were Lost ct sea, may delay completion for short
period.
Tie consolidation of the Ohio and Pennsylvania Railroad
with the Ohio and Indiana and Fort Wayne cnd Chicago
Railways into corporation. to 10 called the Pittsburgh
Fort WAYNE and Chicago Railroad Company is suggested
by many of the leading stockholders Of those lines The
subject will be brought before the stockholders Of each Of
tlese Roads in due time
Ills would be a wise and beneficial measure and VII
add greatly to the efficiency and economy of operation Gad
to public convenience.
The effect of this consolidation vii be to make line
of railway from Pittsburgh to Chicago, distance of 40
miles under one management and control
This viii be of the most important railroad nes in
tie United States, and among the best paying.
The tendency at the present time is to consolidate con-
meeting lines of railways when practicable
TIE SciotO and Hooking Valley Railroad was completed
from Portsmouth the Ohio River to Jackson distance
of miles in August last Of about s75O0oO The
receipts are about $1,000 month with only two ocomo
tves of small power equal to p the cost OF this
part of the road The receipts for the month of December
viii be about $4,000 The Company have contract for
several locomotives and necessary There is be-
eyed to be business enough the line yield $40 600 20
sl50oO month had the Company the motive power neccs
ssary The business Of this road increasing fast Thsrold
when completed VIII extend from Portsmouth to Newark
lis miles long, where it connects with the railroads 70
Sandusky City Cleveland, Pittsburgh and Wheeling That
part of Tie line lying north Of Jackson to The line Of the
Marietta and Cincinnati Railroad will be completed early
next year The residue Of the line TO Newark is under
Cor graduation and masonry and mnch Oft ready
for the rails and is expected to be in operaOn early in
June This road perhaps the greatest ne
raj region in the United States and OF great importance
to that part of Ohio The Geoogt of that State, in his
official report says That coal in Jackson County and
par; Of Scoto exists equal to 100000 Of tuns square
mile easily mined and of superior quality much oft being
Carmel Of the best quality Iron of good quality
exists in the districts equal 100000 of tuns
square mile Limestone exists in great abundance in that
region