New-York daily tribune., 1855-08-21


Flour is down l2lc. bbl., and Wheat and Com are
both lower Provisions are firm.
seni-monthly line of sailing vessels has been es-
tablisbeo between this port and Aspnwa which must
add areeh to the business of the Panama Road, as
the freight business from the Pacific SIDE has been
much restricted heretofore By the uncertainty of ind
ing transport on the Atlantic side. The rates Of
freight by the stesmers have oeen go high to check
very mOcb this freight business. The movement to-
ward California is again increasing. The Panama
boat to-day took out about $50, of which over 200
were from Boston, and the Nicaragua boat about &C.,
The steamer from San Jusn is now about due and
will probably add about nine hundred thousand dol
lars to our stock of gold.
We understand that the general assignee of Messrs.
Page, Bacon Co. is offering TO arrange the drafts of
that house upon which nothing has yet been paid by
pa ment Of 20 p cent in cash. and so y cent in the
notes of the house, at eighteen months. In some
cases this has been accepted.
The business at the Clearing House to-day was only
sl7, ,7s7 900, which is quite small for Mondsy.
The Board of Brokers, with their characteristic
generosity have voted donation Of $500 for the re-
lief Of Norfolk.
The transfer books Of the NewYork Central Rail
road will be opened tomorrow at the office of Messrs.
Duncan, Sherman & Co. 1t is understood that al
though until September I parties will be allowed to
u ansSer the same stock as frequently they please,
yet that certificate will be made out for every trans
fer, and then cancelled, excepting the last.
The Great Western Insurance Company has taken
rooms in thenew marble building between Nassau and
Wiam-sts in Pine-st. The capital is full.
The earnings of the Black River and Utica Railroad
for July, 1885, were hom passengers 1919 90, and
from freight, &C. s6o5 As making totslof s3 500 3D.
TIE largest earnings for any preyiou, month were
81, 9s4 26 10 March.
Mr.. Jsmes s. Wadsworh of Genessee has been
elected President of the Genesee Valley Railroad
There was few days ago celebration at Middle
town, Indiana, of the opening OF the Cincinnati and
Chicago Road south to Newcastle. There are now fifty
five mics completed in twenty dsysit will be finished to
Andersontown-ten miles more-msking sxty-hve
miles and it is thought it will do good business as
it will connect indianapolis with Cincinnati cor.
respondent of Cincinnati journal describing the cele-
bration says:
al saw then, that q road connecting Cincinnati and
Chicago, two of the largest cities iii the West land
think ever will be in almost direct line running
through a portion of three States, and diagonaly
through the center and best part aud Oldest settled
po ton of Indiana with, say ten miles OF so rich
couDtry on each Il of the track and in many places
forty miles without q competitor, crossiag seven or
eight other roads, making them tributary to this With
five great arteries at Chicago, now foished-oDe ex-
tending TO Milwaukee, anot1erto Madison Wisconsin,
a third TO Geena fourth to Iowa City, and the ffh
to Rock Isandand from the iural course OF trade,
must for many years come, throw an immense busi
ness on the Cincinnati and Chicago Road When this
road ia conn ed the hnT dblls will announce the fact
that he Cincinnati and Chicago morning express train
will leave the depot in Cincinnati at $3.50 A. NJ, and
arrive in Chicago at 1880 y. M. OF the same day, and
this is moderate ejaculation of only twenty-five miles
but hello ia al
is now made the shortest line connecting these
two important cities"
Inreeard TO the Hoosac Tunnel The Boston Journal
says:
" The firm of Edward w. Serrell & Co., the new
contractors upon this great work, are pushing the en-
teIprise with much spirit. The town subscriptions
having been compile ec large force has been placed
at each extremity OF the Tunnel and by slight change
in The route the length of the road has been dima-
isbed and the eastern approach TO the Tunnel mste-
rally improved force of about 500 men is dis
tIbuted along the line of work, and more advertised
for. Shanties have been erected for the men, and
600 has been expended in construction since
the work was commenced. A little west of the Hoosac
in North Adams, short tunnel Of 400 feet in length IL
IL rapid progress through strata of mica slate
bling those which compose the mountain. Here two
parties are at work with change of hands two
faces, working but sixteen hours daily, and their prog
ress iD those sixteen hours has for some time past
averaged ten to twelve feet being at the rate OF fifteen
to eighteen feet per day of twenty-four hours Should
this rate of progress be continued the mountain will
be perforated by 1860. We learn further that the
contractors have by no means abandoned the idea of
using mechanism on the main tunnel, but have ms-
chine in progress al the Novelty Works in in New
York, of an improved construction, designed to open
lift of eight feet in diameter in advance of the un-
mel. The diminished size will render it more manage
able than the larger machine, and the workmen who
follow it can easily enlarge the aperture by splitting
out the strata of slate, which are nearly perpendic
ulsr."
1t is expected that the cars will be running to and
from Belvidere, on the Belvdere and Delaware Rail.
road, on or before the Isl of November next.
The La Crosse and Milwaukee Railroad will be
opened to Schlesingervlle on the 29d inst.
Mr.. Henry T. Blow, Chairman of the Committee of
the St. Louis Chamber Of Commerce has published
card to the following effect
RUFUS LAKELAND, President
SIR: The Committee recently appointed by the
Chamber of Commerce TO raise tse OF 500 0o0 to
aid the reopening of the Ohio and Mississippi Railroad,
respectfully report that they entered on-ther duties
firmly believing that with security 10 offer for
Il e money and guarantee that the road should be
kept in operation, they could at once collect the
quiTed amount but on coDferring with the proper
party they have failed to procure security for the
payment OF loans ana baye also failed to obtain any
assurance that the "trains r0utd be Kept IN motion,
"even though the sum mentioned was collected and
"poid orer." Under these circumstances, and without
alluojng to other of embarrassment, the Com
mmLte beg leave to decline further action
To which Mr.. Bacon replies in a card as follows:
"No road, terminating at or near ST. Louis can
compare in Its importance and value 10 It's citizens,
with that of the Ohio and Mississippi and ": when
the Of SEQ 0c0 money would open il to their use
are told that Is useless for Committee TO at
empt to rafe tbst amount, unless there is a security
offered that would satisfy the most exacting ShyIock."
The following is the comparative statement of the
New-Orlesns Banks: