New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-07-25


The Clearing House exchanges to-day we're SIS, 42,sl
payments, 81 Ol5,5l6.
There will be meeting tomorrow, at Saratoga, of the
leading partes interested in the two great routes from this
City TO the West the Erie and Central, including the
Hudson River to agree upon some arrangements Tor run
ming these roads without the present competition 1t is
not unlikely that advance in fares and the freight
tariff may be agreed upon. We think the public would
be very willing to submit to moderate increase which,
while it would fall heavily upon individuals, would
materially add to the receipts of these Toads
The negotiations going on between the old and new
Boards Of the Parker Vein Co. delayed by the stPu-
aiion o. the old Board that the transfer books shall be
at once opened. This the Board unwilling to do,
ar reranser Of any of the spurious stock might make
them accessories and personally liable for it, The over
issue is thought, is much larger than has been
SuppOsed--say 100, 900 shares.
Company be called the North and South Railroad
Company projected for the purpose of buying the entire
property Of the Florence and keypor Company and max
ine a direct line of communication between New. York
and Philadelphia
The commercial advices by the Pacific not consd-
cred very favorable ConsOls Cotton and Corn some
what lower CoDsos closed at 92 Money is in good de-
mond in London, but also in good supply at previous
rates The payment of 81 900 600 the guaranteed de-
bentures of the East India Railroad Company, and
Exchequer bonds caused increased demand
for q day or The Bank statement shows further in
crease of bullion Of G345, 62s being GA, 1913:
Public Depois is ~. Increase a sS2 s
Rest Dercsts........ S22s 7sl Incresse...... 27as
On the other side Of the account:
Government Securities 8 PISS 5t5
S .ss Sns%Poyd 1856 1915
The amount of notes i'll circulation is SEQ eos being
increase of f4s4 545. The of interest is
Cousos and cent. other Government securities.
Discount rates are 81 cent
very serious failure had taken place at Trieste the
houe being that of Mr.. spridene Gopcevch, by whom
for many years specuations in grain to
tent have been carried 1t appears that he has pur
chased great quantities of in the Black Sea and the
Sea of Azof and that the Russian Government have pro-
hibiod its expectation In the emergency thus created he
lately proceeded 81. Petersburg TO solicit from the
Emperor relaxation, obtaining an advance of
900 600 from capitalists Vienna and Trieste TO avert
stoppago meanwhile. His journey, however, has been
iruess and the suspension OF The house is therefore an
nounced. The lowest amount at which his liabilities are
estimated 10 be $3.50 600 and they are probably
much larger il is said that the wheat purchased by him
III the Sea Of A2o alone to the value of flj0O00,
and that in the Black Sea the total still con-
siderable.
The London inencia world have had fraud to shock
them which will destroy somewhat the effect of the Schuyler
explosion when i reaches them. Forged dock warrants
10 the extent of 1900 had been detected upon which
consequence. Tie Adrerti~ says, respecting the
pension Of H. w Lord & Co, that the firm adv anced
money upon dock warrants which proved to be orgeres
and parties who have recently failed, well the Dock
WhaIfngers are implicated. The Of forged docu
held by the firm named stated at $40 0OO and
eminent discount house is said to have t50OOo The
Post says, some of the firms who recently failed in
cousion with whsIinger, who has Sbsconded leaving
the holders Of the warrant orders without the validity
which those orders represented. The amount involved il
supposed 10 be something like 400 600. Tie T.me
ksys:
AT the Court OF Bankruptcy to-day the choice o
assgnees perfected under the OF Mess David
son and Gordon colonial brokers and metal agents. who
failed on the ED OF June. The difficulties which have
recently occurred in the branch of business with which
this house connected exciting much discussion
heavy losses having been sustained by various establish
ents in the city who have been led to make advances
fictitious warrants.
A letter received by the Pacific says:
"LoSDoS July H.
Ihe demand for iron continues enormous ale in
spite OF the war and the aggregate exports are greatly IL
of last being at the rate OF l9OOO turs
annum ipc ironl-ths may be taken two-thirs of the
entire production OF Great Britainthe remaining third
only half the quantity required for nome consumption
Under hese circumstances ratherkey 10 advance
than decline in iron prices.
We gave few days since statement OF the earning
Of the Southern Michigan and Northern Indiana Road
from their Circular, dated July "a. We continue ou
extracts:
recsptulaon for she year shows the following result
Balance credit income soourt July sol Il
Net earnings eT the year. Per preceding SIS $50
psiders paid Js1GsIy .s2soOoo Ssss7 s:
Eta dividend psySie August ls4.,... 800 ss oa5
suIplu. sess2 8.
The foregoing earnings have been exclusively the
fDihed lines of the Company. No portion Of the new
works Of the Company except about - miles of the
Branch have yet be-, brought INTO operation