New-York daily tribune., 1854-07-15

are crossed BY vaducts high above hem and from ne
turnpike 70 tie Ncw.JeTsey Railroad rack iAs g'Aae oe
He,nd Till the tracks uni'e.
The Norris ard Es-ev Company nave cleared Of the
ground which they intend 10 ocCIpy. G-d are o, x
with thor improvements Oh ine ea. sae Hi hr'-lsi
Two .ets If tracks have been laid and ad1-ona ole
VII coon be put down \ hrlk freight house l'o Df ~
with .icne trimming and slate roc TAi oe 3a., pa
lie corner Of Suring-t snd the alley between Di' sou
and Cro-s-st.. passenger dePd viii be comp e;ei ..
sueediIv a. possible and until Il i finished orick hol'e
in Di,ison-si. Will be used instead Of it. .
The passenger depot will be Of Grecian aEchIec,elv'
IA By IS feet built Of ihe best brick With stone .
having in the center and Neich sile foo
Il si be two stories high the high. of the caves Oehs
30 feet and the tower co. 1t Will front on Diyen,sli
end extend to the track and passengers wall be lancet On
platform in the rear. Around tie depot Nh Oe W.
sna. Tor carriages AMI the whole business vii he entey
Withdrawn from BroaG-st. The depot viii itsel be an
orramen that part Of the city and great attention has
be.n given the plans for securing every possible accom-
modacn both for passengers and The bus OF the roa
These improvements, - far as they are Necessary 70
connect the two roads will BE- completed this month an
the will be urged forward speedily az possible. d.
the terms the agreement between the Two companes
both have be power Of running trains over the bridge
the " j. K CO. absolutely a. they are owner ol H.
and The VI. and T.. Il. X. Co. on certain conditions.
The work on the Sackets Harbor and Saratoga Ka'--
road is now being pushed with vigor. Tie serG0gd
Day WIG has the annexed statement Of ts progress
1t Is gratifying the people in this par Of me siag 20
see the rapid progress this great work i making me
difficulties which enbarrass other pubic works this year.
and which have caused many to te postponed are ine
recty promoting the success OF otheTs. 49,.
Iaborers and materials readily ouialiieI IN"
when everything was going ahead. We perceive, aI-o'
that the work is done without much noise NJ ooasth5 on
the psrt Of the Company what the Company inenls
TO do. The contractors. time since noAeea
advertised for five thousand labOrers Ltue aFms-
men, with steam cavators, pick-axes, shovels Nhse
baows carts and horses are being daiy y
the numerous sections where they have comhence-'
between this and jefferson County. We hin6 ine oou
pany must be expendng million OF dollars tn1- yea
indeed we have us been told il s going on at TINS rale
A for 81 he
negotiated within the last few days Iney are 20 oe ~ e
at the famous Adirondac Iron Works on the line Inc
negotiations for money completed last aU.uhn'
before the work commenced The secret of the OoHp4
ny ability to obtain what il wanted lies III me Vaiue VI
tie bonds il had give. These have twenty-five yeaIs
10 run at ! T. cent. payable seni-annhaly' ~ 90
secure by the first mortgage the road with al Us nA
lures and, what other company IN this saie coulg
ever of er viz on five hundred thousand OF selected
lands along the line The road being the most direct u
eligible between the east end of Lake ontarlo ana ~
water at Albany or Boston Harbor with more freight near
it. Low standing the surface and IN the mines al NJ
surface. than it ever transport to marSei i -
as worth twice It's cost. From the center, where the
freight is the grades toward dewater are lever OF 1e
sceIdur The only limit therefore, 10 the qudnty he
road can cary will be the number Of empty cars when
the engine carry back There "a no olher puoAc
work III this State having such advantages end ocourse
none so valuable in proportion 20 its estimated cost Inc
lowest estimate of the lands long before the ponds
will fall due is three four times their total amount
They are heavily covered with timber aud wood aiIeay
bringing on account their scarcity very extfaor nary
prices and are the deposits Of the extensive mner
wealth in the State A. an additional indlcement, we
are nfo med that the Company gave 10 those VINO 90
TAN cd the bonds the right TO take with each bond Tor
$1,000 three shares Of lis capital stock whlch represents
nor only the road but these bonds. This company c"Gn
therefore. get money enough on such terms, wnie
other Companies would find i difficult IN strin
gent money market with want OF cohhdehce Pe'a"si
10 make any negotiations AT all -.
Tie stock all taken last winter by parties VINO knew
It's prospective value and now no considerable anouh o
i; be purchased at any reasonable price. WeN we
are glad it If it were not for tie ccnmahdant we
,,ntft tho. a t4n
half million Of acres with the work done nevertheless
we are glad think that other parties who were Tor
tunate enough to obtain this road and its lands while they
could be had are possessed OF one OF The largest estates
in this country. We bid them God-sPeed
The wilderness through which this road runs IS ne l
as large as the States of Connecticut and Rhode Island
II is pretty much il in Cromwell time, ana yei
owing what its present advantages are oand 20 oe ~
probaby the most valuable portion OF this state ihs
wonder. working machine. callel railroad VIII soon
make il blossom the Those Of us who are iocae
on the outer of the forest Will feel the eecs oi ne
nerve industry touched III the center seeing Wht has
be.n done by railroads elsewhere any body can iereIe
what this will do here.
OVERIssUEs OF STOCK.
To The Editor Of The ". Y Tribune.
SIR desire through your columns 20 suggest very sn
nile and VI, very ecUa method Of preventing iraudusni
issues Of Stock of banking and Ike Companies. Lat
every share be numbered from mp 10 the Whole num-
Der of shares into which the stock is divided ana lei
every show the particular numbers oi tne s-i
which il sonts and also the whole number oi shares
The effect of this will be 10 increase tue chances OF de-
lection in ease of oversue to such an esen thar that
Ieci,s of fraud would hold opt little indueement TO
corrupt officials 10 engage IN i.
What is 10 prey eut the issue by corrupt on -ias Of
duplicates Of numbers lLl' 4Ho'
Markets CARETULLY RLPcRTED FOR The IRlBUSE.
Fanny. July IT, lsjL
AsHESThc market /. quiet sales Of POs O. - el