New-York daily tribune., 1854-09-13


change IL steady, with tendency 10 renewed firm
pess From Alexandra, also, the quotation shows
improvement, which viii probably check the export
Of sovereigns to that quarter
Mr. Wnghts Circular for the steamer says:
TIE Prioe Current publishes this morning tue Off
cia statement Of the Cotton Crop for is53-5i The
total amounts g27 COS bales or 33j 24 less than
the one preceding. The export to Great Britain has
been ,603 ESQ bales, being decrease OF lSa, ITO as
compared with last year. -
To France. 374 65s bales, decrease 52,676. To
Norih Of Europe los 172 bales, decrease, 6OO4: 10
other foreign ports l76l6s, decrease, IT, 465 IOal
exports 2,3l9 l4s bales decrease as compared with
last year, 200, ,252 bales
States IL 6O6 7Gs bales e. 24o less than last year.
The amount hand in the ports Of the United States,
including Augusta and Hamburg a. wen as Boston,
&c is l33 $50 bales against l5o t4J bases last year
The stock on hand in the usual shipping ports is
ZIG 727 bales against last year, l07 $40.
Shippers and spectators during the past season
have been heavy lOsers from the adverse influences
bearing upon the article in foreign markets, aided in
a measure by the heavy cost Of transportation.
Planters on the contrary, have every reason to be
safsfed with the result Of the years business since at
ern markets been sold below 7 le = fb. and during
four ffths Of il the price has varied from &c. ID.
The prices for the ensuing year viii depend chiefly
On the probable extent Of the growing crop, but the
war and it's attendant circumstances viii have q
powerful influence in Europe in checking speculation
and coEfniDg the operations in cotton to legitimate
purposes. -
there appears TO be determination TO avoid cotton
an article Of speculation until the future gives better
promise Of good results than can be at this moment
discovered.
The amount Of Government stock redeemed last
week was 100000.
The Empire City from Aspinwan adds about
81 100, 900 to our stock Of gold, Of which large
amour. is in eOin Messrs. Duncan, Sherman & Co.
receive $4,000, and Messrs. Adams & Co. about
s325, 600, Of which s75 900 is from Australia.
The Reliance Mutual Insurance Company has de-
c!ared dividend Of cent, payable the I'd Octo-
Der next.
The notes Of the Delaware and Hudson Bank at
Toms River, must be presented at the Bank Depart
meht Of New-Jersey on or before the 24th Sept.
The Exchanges ct the Clearing House were &c.
$4,000.
We would respectfully remind the managers of the
Central Railroad that the receipts Of that road for
July have not yet been made public.
The business of the Cumberland Coal Co. last week
was 5,3l2 tuns.
The Adrian EzpOstor, and other Western papers,
have been censuriDg Mr. John Thompson as the cause
of the difficulties Of the Ere and Kalamazoo Railroad
Bank. The annexed letter received by Mr.. Thomp
con from the ice-Presdent will show the injustice of
their eensures.
ERIE AND KALAMAzoo RAILROAD BANK
ADRIAN Mich, Sept 8, 1854.
JOHN THOMPSON, Esq, No. avail st., New York
Dear Sir: In reply to yours OF the 5th inst, asking
me II the circumstances OF the Gaze, did not justify
you In dishODoring the drafts of this Bank, | beg
leave TO reply that account with you being largely
overdrawn-eOme $40, ,000-and the names Of several
of the promisors and ndorsers collective paper
in yeur hands being under protest, these causes COM
bned with the stTngency in the money market in my
opinion sufficient reasons to You for discredtng
our drafts. We had however, supposed that arrange
ments previously made with you mot binding, how
ever as 10 time would allow us TO overdraw our ac-
count TO the extent of $50 OOO Acting under this i'm
preston and with the knowledge that we had at the
time ON its way to you for our credit over $50 900,
we felt justified in making our drafts upon you; and
even now ] am persuaded that If our remittance of
over $50, 900 which reached you on Monday after
nOon 2ls ult had not been delayed in its transit we
should have been saved from the unpleasant position
we have been placed in.
You ask also If certain newspaper paragraphs in
western papers rejecting upon you emanated from
this Bank 70 which answer they did not
/ will only add that the Bank has continued TO
tain itself at home and has refused to pay coin
nj IFS counter when demanded. The officers Of the
Bank have entire confidence that it will continue to
meet all demands upon IT promptly.
Very respectfully yours A. NOxoS, V. Pres't.
The Buffalo Courier, speaking of the election of
Mr. Henri Martin as President of the Cleveland and
Toledo Railroad, saysi
The Cleveland and Toledo Railroad is one of the
great arteries of travel through which flows the tide
fhatses from the Mississippi 70 the Atlantic 1t is
continuation, in fact, OF the NewYork Central and
New York and Erie Roads and its management there
fore becomes matter Of the first importance. In Sc
lectpg Mr. Martin as their chief executive officer,
the Directors have evinced degree of Judgment that
wsoon manifest itself in results We doubt if there
could be found anywhere in this State, a gentleman
possessing of the precise qualifications for such
an Office or in all respects better adapted for vigor
Gus discharge of its duties, than Mr. Martin His losg
experience as Superintendent of the Attca and Bufa
To- and Buffalo and Rochester Railroads has render
ed him familiar with every possible detail connected
with the running Of trains and the general manage
ment Of a railroad, while his ability active,
prompt, sagacious man of business, will insure as
economical administration in its expenditures
good policy would dictate
During the commercial year ending Aug. 81, 1884,
there we're 1857 steamboat arrivals at Cincinnati.
The number Of steamboats, was 3l4 with capacity
Of l2O, ,S99 tans The imports of the year were $685.
79O O29; the exports s4S 432, sso The Increase of
business in two years is estimated by The Gazette
at.Gfy per cent.
The trade in hogs and hog products is enormous.
The total value of the receipts for the year was
s9,a7l, $50, namely:
$50
,5sS
The Farmers and Mechanics Bank of Kent Coun-
ty, Nd, has suspended operations until 2lst Sept.
The officers express their confidence in the ability Of
the Bank TO meet all its liabilities.
The Hartford Times states that the remaining In
surance Companies of that city are sound.
B4.ulets C.nrYurry RFPoRTrn yop Tur To ,,r.v