New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-12-11

rem Railroad Company are about putting under con-
tract twelve miles Of the road from Franklin N. j.,
40 the New-York State line. The money has been
yaised at Franklin, Hamburg, Vernon, and other
places alcng the line. This Road will connect with
The Orange and Sussex Road near Warwick in this
State. The Orange and Sussex connects at Chester
with the Newburgh brapch. When the two former
Roads are completed TO Chester the New-Jersey
Franklnite Company will have AN outlet for their
products by railway to Newburgh on the Hudson.
II is stated that two propositions have been made
10 the Collins Company by European Governments
for the purchase Of the steamers OF that line. The
mice stated In instance 5000 900 for each ship
h 80 large that the whole story is probably untrue.
The sale of the property of the Dauphn and Sus.
quehaDna Coal and Railway Company, which was
advertised to be sold to-day in Philadelphia, under
the second mortgage has been prohibited by order Of
Court, an Injunction having been obtained to that
effect.
The Exchanges at the Clearing House to-day
amounted to sl4, 399, 4l6 SO.
The foreign advices by the Union not very i'm
portant. Consos were better, 9li, and the money
market was improving according to private letters.
Cotton and Corn were lower Business in the manu-
featuring districts not active Turkish scrip had
fallen to y cent. discount but aferward recovered
% y cent The next steamer will be due here about
Tuesday.
Messrs. Develin & Co. and Meesrs. Tiffany & Co..
have publicly contradicted the rumor Of their failures
Other rumors have been aaoat equally untrue.
IL is thought the Bank Statement may show a
small increase increase Of loans. The estimate for
Specie is half million increase. The balance of the
Specie movement East and Vests we think, Just now
rather in favor Of the City Next week the payments
from the Assay Office into the banks must be large
The Georgia Central Railroad Co. has declared a
dividend of $40 p share, payable in stock at 900
share, to be issued on the 18th Of January next.
The holders of the guaranteed stock will be paid
their semi dividend of 81 p share at the same
time, at their option to receive stock dividend Of
10 cent. in lieu of the cash one of 4.
The Mernac Manufacturing Co. have declared
dividend Of y cent. semi-annual, ESQ y shsre,)
payable on demand. Boston, Concord and Montreal
Railroad, preferred stock y cent semi annual,
payable Dec. IL, to holders Nov. l.
An assessment of IS cents y share hiss been laid
on the stock of the Winthrop Copper Co., aud an
assessment of 81 q share upon the Tol,ec Conso-
idsted. The assessment Of se y share on the stock
of the Copper Falls Co. is payable Dec. 20.
The Canal tolls continued to show decrease up TO
Inc clOct Ol uhNlSdttVu.
The advices from the West continue to be favor
able, indicating return to quiet and ease in fnsnci.
matters. From Indiana We hear that confidence 10
the fee currency Of that State is returning, aud with
some exceptions il is selling freely in Cincinnati at
y cent. discount Auditor Dunn thinks that in
course OF thirty days all the Banks will be at par
throughout the State. The money is still coming in
for cancemen at the rate Of t6O, 900 per day, and
promises soon to be scarce. Mr. Hudson, the father
Of the free banking system, intends to introduce sew
sral amendments at the coming session Of the Leyis
is;ure-one requiring the President and Eve Direc-
tors Of Bank to reside in the county where ii is 10.
Gated; another to require rs cent Of specie con.
stanty to be kept hand, and another to increase
the security in the hands Of the Controller IS y cent
II Il understood these amendments vii be made The
latter Is the only Of much importance to the bill
hclder.
Letters from Maj. Totttn, of he Panama Road,
received by the North STAR state that By the steamer
q Tie 18th inst he viii inform the Director Of the
6sy Of the opening Of this great eatsrPhAs from A.