New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-03-17

frEf al the tenkr hlt N'~-% -
institutions 70 discount but il must be remarked toa'
durips ,aeh state. Of The Money market the 7res-n
oee,er. always present more paper than :-s oeslr"
siscounted az they anticipate oonsideTaoie P0i"0-
viii be thrown out ...
The controversy in relation 70 the At!an'lc
"a N..;..i,oi Railroad Co Is kept up by the parties
ENGAGED in the rival enterprises who BY various s'e
-. c,5ssvoy 70 ernbarrass the movements OF tnt
Road in order that better market may exist Tor tner
avn securities. Meanwhile the A. and ~ Rosd Aeeps
ouietv on ils course throwing not straw In the way
NJ spv other road and preparing TO take passengers
on the directest lire between e. Louis add the great
trunk line Eastward 10 New-iork.
The preliminary movements in relation TO
six feet Guase Road from Corning TO Clean parallel
to- but more direct than the Erie, are being made
and Company win probably be formed for Its con-
struction. II will be, when completed, worked with
the Erie equipage In the project for the extension
from Olean through the central portion Of Ohio TO
Cincins there does not appear to be just now much
life The difficulty in regard to the Pa Gauge law IS
a serious obstacle.
An amendment will be offered this week 70
the Bank Security Basis Bill before the House 20
admit Pennsylvania Stocks, upon which there s no
State taxation There Is, we believe, also a Senate
bill admitting the Stocks Of the cities Of this State
az q basis It viii probably be necessary to make
compromise among the friends Ofthe dizersnt projects
We sincerely wish some patriotic member would intro
duce bill sboiiihing these ridiculous quarterly state
ments Of the Banks and requiring them 10 make semi
weekly publications of the leading items of their condi
ton The man who would push through such smoas-
uTe as tllis would earn the blessing of the whole
mercantile community
The earnings Of the Michigan Central Railroad for
the First Quarter Of the Fiscal Year of the Company,
ending February 2sth compared with the same time
last years
Psssenssr. Freight N.cers. Total
1852. 90 1855 50 2'6 90 sLs7s ~
Increase s,7s5 s. 8257i O5 3,729 % 57,O85 IS
Being average over last year Of about o. per cent
The receipts of the Cleveland, Columbus
and Cincinnati and Cleveland and Erie Roads for Feb
ruary, were
C., C. & Columbus Road for february, 1888 e6j,72J 40
Cleveland & Erie Road for February, 1888 55,7H ~
The receipts of the C., c. & C. Road for Feb
ruAry 1852, OBSERVATION-DISCLOSURES. ~ I-l ~
Showing an increase in 1853 Of........... 35gi3 %
The Cleveland and Erie Road was no. in operation
in February, 1854
IL is stated that the Director Of the Mint
has purchased about half million dollars in silver at
premium Of or 5 y cent. to melt down for the new
silver coins
Private letters from California speak Of the
yield Of gold very large and predict that the ship
ments in March will be six and half 70 millions
of dollars. One very remarkable and important fea
ture hear of from several sources by this arrival
The beds Of streams which worked out and entire
ly abandoned during the first year two aer the dis
covey Of gold in that country, are now being worked
over again with equal and in many cases, greater sue
cess than originally. The tremendous floods Of the
last season have apparently brought down from the
hills large supplies Of the precious metas and deposit
ed them in the beds Of the streams II this recupera
tive operation ia continue the greatest croaker mast
abandon his fears Of failure Of the gold crop for many
years.