New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-04-12

Mr. Oliver H. Lee the former Superintendent of the
Hudson River Railroad has been appointed Vice President
in Mace of Mr. Nelson Beach who, in addition to his
former duties of Superintendent of Construction has been
appointed Purchasing Agent of materials and supplies
In addition TO the iron noticed yesterday Mssrs Wins
low Laner Co have also purchased 5000 uns rails for
the Marietta and Cincinnati Railroad Company at satsfac
tory rates This makes $4,000 uns purchased for that road
TO date About eighty miles Of this road will soon be com
pe;ed and in operation, making direct communication
between Cincinnati and of the richest coal a2d iron
regions in the United States at present inaccessible
The Money market continues active with good supply
of capital on call on current securities and for investment
In strictly first class paper Capitalists however exercise
great caution in their Investments and evinoe dsncna
ten to place their funds beyond their immediate control
The Banks are dscounng fair extent for their dealers
but not to the extent of the offerings The wants OF
merchants are however rather less than they The
trade from the interior is still backward but the merchants
who do come to town pay up well and buy as largely as
last season Dry Goods very heavy and the importers
are selling many of their goods at large loss
The upward movement in Sterling will doubtless cause
considerable shipments Of gold The steamer Of -
from Boston and of Saturday from this port will together
take nearly all the gold received by the last California
steamers excepting that in the hands Of passengers
The following sem annual dividends declared by
the banks in New Bedford April / Bedford Commercial
Bank 4 p cent Merchants Bank, cent Marine
Bank, 4 v cent; Mechanics Benk y cent Mechanics
Bank 81 cent extra New Bedford destitute for Savings
3 cent New Bedford Institute for Savings, extra The
Fairhayen Bank has declared dividend OF cent on
100000 The Harrisburg Railroad Company has declared
dividend from the profits Of the last ak months OF
cent
The annexed circular gives the necessary Information in
regard to the Of stock by the Southern Michigan
III Il eli oil day fxros ain
OFFICE OF III, MICHIGAN SOUTHERN Aso IspisA
BNLRoAD Co, No 10 William st. n I, April o lSS.
.bss PROVIDING for a
opglstir ne oosA.n line and .as branch 'na 'f
4. h aeress has heretofore contemplated and il
The Of Ihese lines it proper briefly to explain the
Aetni aoon the policy long settled BY the Board q Dre
tors, and that Convertible Bomb aoaf Dc
r 70 S srss %. . m The
pfOss by .ue Of stock for portion OF the cost ana o.
TIE seek was sy distributed among he stock
Company require the proceeds In ne nsHnns the
entire wOrt Is. been pa 1T M bDns The Ines Into
use ~ The ccss OF the earren; yen ,,, 4. .,.
tom .s Of The mortgage b0oss q. Directors feel THAI the
ps. ME. these ,.sa O5s NOV you'd as, them "a
.eeBns They have therefore determined . MAZE fa.tae
and 10 di.Sr5ats the Hoekhodes =.
m H. .soe.sos. Of both CsuSsn.e including the holders
Stock" entitled o ths proportion Of M new
iuion) falls due July nextineres. cent
nm being tnsaeao paid, sftsr which
a he stock will Be entitled 70 FIJI dividends
Is:s = Ea.. . . 81 . 0s 81 sas
az he 6 bit the entire payment be eoCpsseo
BY stated Agents are requested TO a0J the
accordingly. 49,, 81. h..,
Bsevrs Arrangement 70 be which viii promote ne
Companies and the shaeh0derA the Deeon H.
Vie cordial cooperation in csrIyns h into eject ~
We ', sG ,:, . s Z. 2
. = az !. I e. .. hs 81 &
perioS q est ncfesse nearly s. an
total for lass el5I3lsI Seoaa ~
propos,onste stated BE- nsafsnee ol %
Of this year total earnnz for 1854 ron ns 80
fthe ko.Sa vi reach ecnsdersoJ exeesdinS
COO any feel SURE that me as ~ ,iS 80
ses o.t 70 -. .,oeS holden JOHN B. JERvIs President
RpwTx C. LIIcHFrKLo Treasurer
R~.cfrssou referred % ~ preceding Cvr-4aSs 49,
meeting of,h: Directors Of Mssssa soeiss -
C1mpanies held as aer once N
s.ses1 fAs:' 50" .us # *' - a''' '''A seat