New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-11-17

From these figures VIC should be almost justified in
assuming that any defect in the yield il compensated
BY he increased breadth under crop.
an inclined, however-sndl think 1t will be a
urudcrt caculsion-to az ume that the yield OF the
last wheat crop lie something below an average. We
may take il az one tenth and then with the foregoing
data, we have the following results as TO the produce
Of 1855, viz
Averss whs, crop Of The United kpsdo| 90
consequence of high prices, favorable seed time, -
and liberal use Of SS5Ooo
Toh. - .r ~
Total Estimated wheat crop OF ls55.:::.....l5n 80
Estimated snnu. consumption Of the United Kingdom
Apparent deficiency be supplied from sbro,d.. a2 800
which il little than oDe-half OF toe average an.
nual importation Of the last i've years.
Cotton is little better since the news. In Bread
stuffs there is large activity at improving prices
Flour is I2Ic higher with sales to-day of % 600 bbs
Wheat 70 &c. better with sales lo0O 900 bushels at
81 90 90 for Red; 90 10 So 25 for White Corn is
also advancing with sales 100 600 bushels at goo. a
81. la2ge portion of the above purchases are for
export. Sugars, aimee the steamers news, have
been excited and advanced to &c. y ID.
The Clearing house system, first established here, is
fast epresoing. In addition to house in Boston for
the city Banks it is proposed to estsbl.h for the
country Banks Of Massachusetts; and in Philadelphia
The Banks are also arranging for the establishment Of
Clearing house.
The directors and trustees Of the bondhoders Of the
Ogdepsburg railroad company he'd a meeting on
Wednesday, under the act of the Legislature of New
York, which authorizes the consolidation OF the
various interests into new stock company. The
committee is composed of nine, each interest being
represented by three persons and the following gen.
haap oil cd Il
Clark and Isasc Livermore OF Boston, and j. L. Rus.
FELL Of Canton, N Y. First mortgage bonds-Messrs.
Samuel A. Eliot, James Read and Abel Adams Of
Boston. Second mortgage bonds-Messrs Daniel
Denny and Geo. A. Kettele of Boston, and George
Parker of Ogdensburg. The net earnings of the road
during six months ending October last after paying
ordinary expenses and renewals, were sl27, 5C5 -.
At Boston, The Journal says:
The money market continues stringent, wi h appl'-
cations on short paper at l2 y cent. There is no, so
large amount of six months paper of prime grade
offered, but lenders show no disposition to make con-
cessions in rates. The banks rapidly gaining
strength snd will generally discount more freely dur
ing the week. The Merchants Bank received an
order ON Sub treasury on Tuesday for 900 in coa
and other remi,tances IN moderate amounts.
VIM Neff, esq., has resigned the presidency of the
Ohio and Mississippi railroad, eastern division and
with two other directors retired from the board. VIII
liam Green, esq., has been elected in his place. The
affairs of this road appear to be in bad state.
Messrs. Page & Bacon have Issued circular to the
stockholders Of the Ohio and Mississippi railroad
western division After informing them that the in
junction applied for by the city Of St. Louis has been
ds sol ed and that the sale of the road will take place
on the goth inst MessIs. Psge Bacon recaptulats
the propositions previously made by them for the set
Element Of the difficulties at issue, they propose that
meeting of stockholders shall be called to act upon the
following propositions:
l. All legal proceedings, both in and out of this
State, connected with this company, sgalns' US or
either of u.s. or any Of the officers or directors OF the
COMPANY TO be discontinued and dismissed
"A recommendation 10 the directors OF the CON-
pany to issue what may be arranged to be proper
parties unitng) third mortgage bonds to the extent of
81 500 00O TO be sold TO at fifty cents on the dollar
the proceeds to be applied, first TO the full payment OF
the debt due us by the company and unsecured, and
the balance the note of June ), and nov secured
by deed of trust and under which the road, &c, Is
sdvt rtised for sale.
g. For the purpose of putting TO rest all questions
relative 10 stock issued uuder amendments to the
charter at different times, the stool boders 10 ratfy all
amendments thereto, and recognize as valid stock L.
sued heretofore under same.
4. The stockholders to agree that in case the city
ard county will pay within twelve months from this
date the balance due on note on 5th June as Aforesaid
taking therefor the stock OF the company that they
Will adopt ana accept De l<gdi anu
company the subscriptions heretofore illegally MADE
by the city and county
3. The foregoing being done, we hereby agree that
will arrange TO stop the Gale OF the road and prop
tTty advertised for 20sh instant and further that the
same shall not be sold for the period namsd above
under said deed OF tust-thereby giving the city aud
county time 20 obtain necessary legislation 20 egaiZe
Subscriptions already made, ard for the further sub
scrpiions Necessary and the issuance OF bonds 70 pay
came and negotiate their securities.
The Governor of Missouri, in his message, objects
the propositions of the roads in that State to raise
he first lien held by the State that first mortgage
bonds may be issued for their completion, but is
willing that farther aid should be granted by the
State provided the State bonds Issued do not exceed
what the roads would sell for in reimbursement He
adds:
summary of so much of the acts OF the General
Assembly os relates 20 the amounts OF the public
TIL loan and the remedy reserved 10 the Stse when
the companies fail TO fulfil their obhgauans.
The whole arSou1t prov0ed TO be loaned to eseh OF
the companies upon fuliment on their part OF the
conditions pre- sedent Is 90 follows;
To the tseie 4. company min Trunk 70 kansas s3eoo go
To the Pacific X. k company souhvsstern branch loo
T. the H.nIibs and 81 Joseph r. eompa,y... ZOO 90
To tbs ST LSus and Inn Mountain company 800 900
To the North Missouri railroad 100000
50 900 OOO
and under bv virtue Of and in pursuance OF the acts
OF Assembly have enumerated, hsye caused to be
"a ued and delivered TO the railroad companies, the FOL
lowing amounts in State bonds viz:
10 the PAche soa company main AZ 70 KAN ZOO o.
TO tbs North MsSgu railroad ooO 900
10 the h1Itioa and - Joseph railroad eompany.'' S0'
Io tAe lFen s-oaniAin railroad company fSto
rot..................... sS0 900
The Pacific railroad company has made no sppca-
ton for any portion of the bonds authorized 70 be
issued in aid OF the construction Of the South western
bIsnch.