New-York daily tribune., 1854-08-29

norton Of the road on which this money expended
but thirty miles in extent, and this fact therefore,
furnishes conclusive evidence of the energy with which
IT, construction l. being advanced. Taking into consiaer
aor he uDdouhed security upon which ihe lo 20 ~ ne
Baltimore Gnd Ohio Railroad las been ma C, a1d the wal
upoipce 10 cur CITY Of placing the Central ONO Com
psnv in position 10 comlence operations immsdi ely
o. cou eon # its r9al the negotiation eppe1s 70
US to be- eminently wise and prudent and such az VII
secure general approval nPon proper Understanding oil
the motives tha. have influenced its conclusion
Another link in the Ohio and Mississippi Railroad
completed on the 2lst inst. TIE ST. LOWS Republican ,f
the 22d thus notices the event:
The passenger cars commence running this morning
Carlyle fy miles distant the Esson line and hcie-
after il viii require only hours connect the tao
points Two trains arrive and depart each day. and vely
asvigorOus commerce whl spring up all along ne
route ard concentrate Gi IT. Louis The ROAD IS not %
stop at Carlyle but II IL 10 be pu he'd forward with a f
site expt di;On 10 is connection at VinceHnes With ne
eastern section o The line which is advancing "a rapidly
possible from Cincinnati. In the early part OF ntAi
year this connection must be made aud then We sha %
able take early breakfast in ST. Louf aod ten 10 I'm
cuati Louisville. Even before that hme-say oy me
lst OF January will be raroL1 % ] "'. IN
Tere Haute which will greatly shorten the distance gs
twetn ST. Louis and the cities we hive named wherey
we will avoid the crcuitous route via Chicago and esty
lessen the tine employed III uaNei Oe'"eeh c OA
Of the Ohio and ST. LOUIS.
this oopany hss sieadfzsdy adhered TO s fortunes
position lie does at the present lime because ne THINKS
he road OF woodsthat It no longer stands IN
need OF his counsel assistance and will be finished az
we have information also that Broughs Road via
Ttre Heaute viii soon he vigorously prosecuted all tie
financial having been made for the purpose
Next year will see this rood Completed
Daily report Of Coal mined by the Cumberland Coal
and Iron Company for the week ending Aug 26
Aug 2l.."........... sti tuns Aug 2i..... sn tins
Aug 1876 uns Aus @5.''''...'.. % lnnA
Au S5 Aug 5 tlls
9fJ tuus, averaging 57 tans day
OF this quantity 1886 uns came by railroad and 2o7
tuns by canal
Notwithstanding the excessive drouh the boats have
not been stopped and continue to
The dan Machine Company have cleared s3s 900 in
the past go days by granting licenses to make and use
their machines
By circular Just issued from the Treasury Department,
it appears that all goods in the public stores on
which the duties have been paid will have to be removed
thence within one month aud if not 50 removed, VIII a.
the expiration of that period be advertised az unclaimed
goods and then sold according 20 law # not preUous;
claimed and removed Goods hereafter sent to the public
stores be removed within fire days from the time the
duties are paid; and if not, viii be advertised un-
claimed goods and sold at the end Of month"; ii sll
remaining there.
TAompsons Bonk Note Reporter sounds the following
waning:
Our convictions are that a warning SHOULD be sound
ed-that protest should be made against any further ex-
pansiOn Of paper money unt me STATE OF tue country
both politically and financially takes positive shape.
Thee are now many banks in various sections oi tue
country whose redempons rest either on forbearane or
ruinousy expen.ive system o reissue me iaunfe
Of few currency mills mo matter how unworthy OF tue
name Of banks they are) would end the iQddgeace AID
the Tessvo and bank panic would seize upon the pubc
mind There is danger OF this stale OF things whch
prudence may avert and imprudence very soon coz
summafe.'
TIE Boston Courier Of yesterday says:
The Money market presents no new textures oi I'M
portunce The supply on call is quite plentiful and first
class paper is verJ scarce and in demand outside of the
banks and these institutions are discoUnting hbealy
There is slight improvement in general business. which
likely 10 increase as tine dogdays pass away ana tue a
trade begins.
There is little more frmness in Stocks and Bonds
but the transactions are comparatively lew, as sellers VIII
not recede and buyers at present will not advance su-
ciepfly TO obtain what they desire.
"The Nominating Committee appointed by the stock
holders Of the Vermont Central Railroad at the late meet
ing in Cochuae Hail. after great care and due deoea-
ton, oained the consent OF seven good men a1d true
selected stand candidates for Directors of the Copor-
so to lie voted for at the annual meeting to be held on
the l2ih September at Montpelier. The names nave not
vet trans pred, but the character OF the committee II
sufficient guaranty that the list must be proper one.
such will be acceptable to the true friends of the
railroad
"The unfortunate Crane matter is in course Of adIast
men and will doubtless be settled within few days so
far restitution is cOncerned but the injury sustained by
the corporation and stockholders IN consequence OF the
overisued shares cannot be Immediately repaired as /;
will require time and future good management to restore
lost confidence good Board OF Directors Increased busl-
ness high tariffs, economical expenditures, reciprocity
with the Canadas and the opening Of the Prescott and
B,town Railroad, all favorable features.
There hes been reduction of 80 ~ cent in the eX-
penses Of the Rutland and Burlington Railroad under the
watchful administration OF Thomas Thatcher, the new
President of the corporation Systems Of retrenclne1t
have also been adopted by the O9densburgh Northern,
Cheshire, Vermont and Massachusetts aud Fitchburg
Railroads. which will show we'll in the annual result and
prove the truth ofhe adage that penny saved Is equal to
d penny earned Extravagant expenditures on some OF
The new railroads and the low tariffs have been in
fault than any other honest IN bringing abou de-
probation in market value The many millions Of dollars
expended in building th sc important lines should not be
allowed 10 ain any longer unproducve TOR the lack OF
proper management
BANK or RENSSELAER,,
RENSSELAER,, Ind, Wednesday, Aug. %, ls5i
To The Ed,Or q The ~ y Tribune.
SIR; The report of the failure Of the Bank Of Rensse
laer is false, il is base in those who have framed the
seandc There has been run the Bank, and never
has been note presented for redemption ihat has not
been redeemed IN CON. Very respectfully.
Markets. CAREFULLY REPORTED FOR THE TRIBUNE
AsHEs-A steady market fair 100 bb
BklCKTLe market Hud North River Affected by
i SD sSovs the cS.i . mastIs
CoItEEA quiet market to-day bat prices firm l6
6oTr6NTs m.let throughout the past week has favored the
buyer closing du At the quotations showing decline Of OF 4
dong
UPls9d ionda Mosls N kTsI..
s.:::::i,i E:a:i::.5::::: Hs:s.::: 4 i, 4 #
FLOUR AND MEALTheIe i;tle variation in market
for "esp End sae our; the sIFysl % and the
hr business quite moderate Tae
letter sndes limited CaHsdiaG Flour plenty
are o DDS s - 0$V > Tor common 10 sooi stae - -