New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-10-11

The advance Of the rate OF interest by the Bank OF
England was not unexpected 10 the stree, but the
decline in Cor sols greater than vas anticipated
The rate of interest a. pears 70 be advancing toFard
u G rate il touched in l5i7, which was we think,
cent The Cotton news is unfs orsble, but for Bead
stuffs quite favorable could be wished. Aneri-
can Securities, under the circumstances, are We'll
sustained. Many parties in the street anticipate
under the high rate Of interest ruling on the oner
side large return OF American Securities for sale on
this SIDE, but as yet we see no symptoms OF such
movement
The Havana steamer took csc, 900 In gold to-day.
The work on the Wabash Valley AM Lake Erie
road is now going eDergetcaly. tsexpec;ed tia.
il will he open TO Wabash about he 18th November;
to the Peru on the 1t December When completed
to TIE latter point it will undoubtedly do very large
freight and passenger business.
TIE exports of specie, &c from Boston in Sep'em-
Der were 81 OBS 53 &C., total far this year, tl2,-
47el46 "a; came time last year s5,6so,ooa 81.
Theexports Of cotton goods from Boston during the
month ending sept 30 were 4,4i bales, Of the value
Of s246 626 81; since jan l. 1858 bales, valued az
1929 636 2i Sane time ast year. &C. sG, vaiaed a.
81, l39, Gel Al.
me 81. John New. b unswick) Morning Chronicle
Of Oct. 2, says:
The demand for vessels III England Tor tHe IL tst,
and the rise of freghts 10 the UDed States have had
a Responding influence at this port For timber 10
Liverpool The rates from 35I TO 376. One Amer
lean vessel for London has been taken at c5 Isl for
deals. Vessels suited for outports would co nmand
40 for timber and t. for DEALS
The 81 Louis Republican of the 9Th describes the
opetDg Of that portion of the Tere Haute and Alton
Railioad between St. Louis and Alton: Toe trzii left
the depot opposite ST. Luiz little before l2 &C ock,
nj reached the terminus in the south part of Alton
few MINUTES before making the trip in en- hour aud
five minutes: distance nineteen miles That rti,n OF
the rosd lying between the junction o. The Ierre eue
Line and Alton already baasied aud in perfect order
was run at speed Of at eDst thirt7 miles al hour Il
sexpe cted thai the whole els ance viii be accomplished
when ibe road is properly completed (which vi b.
accomplished in a few weeks in the space OF thirty
minute This route liz located In the great American
Bottom body of land orued from the depos,tlous OF
the great rivers, which for the extent ct ts area ana
the rcbpess of Its soil is hardly equaled by any other IN
the 81 own world Five miles from Alton the road takes
the direction toward Terre-Haute. 1t almost imnedl-
aely gains the high prairie land on the east sud passes
through section of country equal not supeOr 70 any
other in Illinois for it's agricultural rec PURGE, AMI de-
velopmepts This section has long been settled; the
advantages Of woodland and prairie, climate and SOIL
having fixed the attention Of emigrants at an early
dsy. The finest farms form almost conlnueu' line
from the Mississippi 10 the Wabash, ~hils the towns
along the route evince the strongest evidence OF thrift
and Enforcement. l. will be conceded that u road
through such country cannot other vie tnan prove
a valuable auxiliary 10 our commerce. lndeed, In
this view look upon the reTe Haue road as equal
if not superior to any other work In operation or IN
process OF construction in our sister State Its
lions with the cen raj route East are the beet and
most direct. Reaching Terte Haue, prosperous
city tie Wabash the distance thence to lndanapo-
bs the capital OF Indiana is OILY seventy.twO miles;
and from that point railroads radate to all pars Of
the Union. II il the intention of the company TO
tend the road into the city of Alton, 80 as to form
JUNCTION if it can be accomplished with the Chicago
roa0 depot at least 10 preclude as far as possible
the expenses aid delays atendant the rest ipmen of
goods and the transportation of passengers By Other
conveyance from tra TO another. The same OBJ
iect will be attended to at llinoiso by locating the
depot near the river. The ROAD TO Terre Haute is
progressing rapidly, and will probably be completed
60 as to admit a Train through by the first of No
veinber.