New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-04-22


Bonds issued, 6per .-......-.--- los,IOO %
Construction accounts. .-......l ,2ss,O95 "
EOfte expenses 900 account of repairs made
necessary 10y the imperfect construction OF the road which
isnow in good order.
The meeting ofthe stockholders of the Harlem Railroad
will be held friday TO vote on the increase Of
stock to eight millions The increase informed
simply TO admit of converting the remainder of the Exten
sion Certificates.
s Draper will sell 81 auction, tomorrow, at the Mer
chants Exchange, after the adjournment Of the board
arge amount of stocks Among them are bonds Of the Canal
Enlargement loan; York and Erie Railroad Junction
Railroad Of Ohio; Catawissa Wiamsport, and Erie Raj
road and ST. Lawrence Mining Co.'S shares of the Pacific
City Ph9nx Mechanics, Manhattan, Merchants and ST.
Nicholas banks Bank of America State of New York and
Commerce; North River and Lorillard Insurance Com
panies and Patterson and Hudson River Railroad.
The Detro Free Press says that another injunction has
been served upon the Saul ST. Marie Canal Commissioners
at the instance of Mr. Story Of the unsuccessful bid
ders.
In the Massachusetts, House Of Representatives the
several bills for increase of capital of banks with the
cepton of the Maaiwe and Plymouth have been ordered
TO be enerossed as follows: MassasOit Bank Fall River
100000; Lynn Mechanics Bank $4,000 Leicester Bank
$4,000; Lee Bank $4,000 Hampden Bank, s5ooOoi Ao-
ington Bank $4,000; Milford Bank, 10000 Mechanics
Bank of Worcester $4,000; Prescott Bank Lowell $50,
600; Worcester Bank, $4,000 Taunton Bank, $4,000;
Union Bank Of Boston 100000; Village Bank Danvers,
$4,000; Westfeld Bank, $4,000 Asiaic Bank, Salem,
$40 COO Bank Of Commerce Boston 100000 Blackstone
Bank Boston 100000; Old Colony Bank, Plymouth,
$50 OoO Barnsable Bank $4,000; Boylston Bank Bos-
ton, $4,000 Freemsns Bank Boston $4,000 leighton
Bank Lynn $4,000; Hadley Falls Bank 100000; Gro
GERS Bank Boston $500 900 Granite Bank Boston $780,
GOO Hampshire Manufacturers Bank, $4,000; Franklin
Co Bank $4,000 Eagle Bank, Boston, 100000; Cen
trail Bank Worcester 100000 Bristol Co. Bank Taunton,
$4,000 Dedham Bank, so 900; Shawmu Bank Boston,
$4,000.
At 6 o'clock the House adjourned.
Convention was held az Newburgh few weeks since
for the purpose Of taking into consideration the road from
that city to Syracuse The meeting attended by nearly
400 delegates from in the interior Of New
York who assembled for the purpose Of taking preliminary
steps toward the construction Of road from Newbugh 10
Syracuse Il was shown the satisfaction OF all present
that the route perfectly feasible and could Dc con
structed with moderate grades and at moderate expense
The accommodation Of large and thriving interior villages
now quite secluded and cut off from railroad facilities is
one of the purposes aimed at by this project but It's great
inducement was stated 10 be that il viii make very mate
rial saving over all other routes existing the travelled dis
tances between the West and New York City The state
Inents were 20 the effect that from Buffalo TO New York by
way OF the Erie Railroad the distance is 49, miles From
Buffalo 10 New York. by way OF Syracuse and the direct
line TO Newburgh, the distance viii be $40 miles, making
saving of - miles As compared with the distance from
Buffalo to New York the Central line aud Hudson
River roads the distance will be o. miles IN FAVOR OF the
route by way Of Syracuse and Newbrgh. FROM
Dunkirk 10 New York by the Erie road, the distance -
400 miles between the points by way OF Baiiao, Sy
racuse and Newburgh the dsan viii be IA miles max
inc gain OF 80 miles Between the North ana New orX
Civ the proposed route shows still more striking gam
over ali other routes From Ogdensbng to New ork, by
way OF ROuses Point Whitehall and Albany the distance
IA ;s2 miles by way of WateTtown Syracuse and New
burgh the distance will be $40 mlesa gain OF 1873 miles
From Oswego 10 New York, by way OF Albany the dis
tsnce is 323 mlesby way of Syracuse and Neg6urgh
will be 259 miles From Canandaigua 70 New York the
saving in distance by the proposed route will be 81 miles,
and between Watertown and New, ork IL miles Inc
length Of new railroad 10 be built will be only 20 miles Inc
Convention was marked by the greatest enthusiasm and
resolute determination evinced all sides that the work
should be undertaken at once
The Albany AygvS pitches into the Controller for his
blundeIng management of the late loan. 1t says;
The debt which has thus een extended fell due on the
let July last Our Controller during the Session OF the
Legislature last year, officially advised the Senate
this debt would f due on the lst Of July following and
as there no any law as he averred, by
which he could meet IT, that special legislation was necessary
10 enable him toredee the stock aid preserve the credit
OF the State from dshonor But the Senatc reg ardng the
power o. the Controller as ample under the existing laws,
declined ~ interfere.
But the Controller adhcrng 70 his settled opinions of the
law and the consttut0n the constitution he regarded
also ~ the waywcud not and did meet the state
bonds when they became due Long before the bonds
neured he notice through his that yonl
NOT be PAID according to stipulation assigning reason
HAT the Legislature had failed 10 make provision it,
but that the interest at percent would continue 10 be paid
| thereon. ,.-.,.., ,,.,,-
had offers 81 IN responsible persons 70 take Up the entire
et sud exchange iorh four AM F1sa per eenL
folts defutting fFon the amour trssr an u ~
be his now Secondhand ihS' haa nc r'A'se A'aNSH y