New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-05-12
INDIANAPOLIS, PITTSBURGH AND CLEVELAND AAILaoAo.
liz nd andR slle fnn.a Railrn


were distinguished for the intensity Of the cold, and
the immense amount Of snow which blocked up the
eastern connections of these roads, greatly impeding
and reducing travel, and for several weeks actually
,u,pendipg eights But for this fact the increase OF
those months would have been much larger.
The PITTSBURGH Gazette Of the 7th inst. has the
following in relation to the negotiation Tor consonoa'
ton. then progressing Since then we have adyicee
Of the completion Of the arrangement, oy wnich tue
entire chain of roads between the two important cities
Of Pittsburgh and Chicago become the property Oh
| one corporation:
"Tbe near conclusion of the treaty OF consolidation
of the great direct line of railroads between Pitts
burph and Chicago, and the almost absolute certainty
that il will be successfully contaminated, SUBJECT
of much graduation to the people OF tns cy J.; o mo
prosperity II will secure to Pittsburgh, beyond all
peradventure the best and leading route between
New. York and Philadelphia and Chicago; IL wiii
place Pittsburgh most certainly, ana beyond Gil COM
petition permanently on great through route from
the East TO the West and Northwest. 1t will be the
only route at present il existence, or IN prospect tha
will be free from the annoyances OF changing cars and
directly through from Pittsburgh to Chicago, whereas
on all the other lines there are frequent changes 1t
removes every vestige Of danger from the compete
ton of the road, for who would change
from shorter route with only one CHANGE and that ut
Pittsburgh. to another that would have several !"
Nessrs. Chamberlain & Alden, who have the con.
tract for extending the La Crosse and Milwaukee Road
from Beaver Dam to Portage City during the present
wear, have commenced the work and ere purchasing
and delivering on the ne large quantities OF materials
Ia he used in the construction of the road The COM
p.ton of this road to Portage City by the first day Of
January next will to it the Winter travel OF ST.
Paul and La Crosse ON the Upper Mississippi and the
extensive country bordering the Chippeway, Black,
La Crosse and Lemonwer RIVERS
TN, Heuderson Banner says that the Board OF Di-
rectors have met at Henderson and turned oyer the
Mexican Gulf and Henderson Railroad charter to
New.York association and it IS confidently expected
that the association or present Company, Will COM
nlee o5 miles of the road in nine months to commence
at Beaumont.
The Anthracite Coal trade is larger the past week
than in any one week this season-he tunnage by the
three lines reaching le4, e3 tuns The shipments oy
the Schuykil Canal for the week ending on Thursday
are 81 276 tuns making for the season $685. against
o23 9s5 tuns to the time last year. The Reading
Railroad brought down for the week 40 400 tuns, and
for the year 77 tuns against 1888 tuns to cor
responding date last year. The falling of in the ship
mepts from the Schuy!kl region thus far, it will be
SEEN. ia l96.7Is tuns The shipments Of Coal on the
L@hich for the week ending with Saturday last were
80 1913 turs against 2o7 tuus for the soondng
last wear: and for the season. 81 05 tuns against
lo6 l66 tuns TO same time last year. The falling OIL
in the supply thus far from both the Lehigh and
schuylkill regions, as compared with last year, is
go 700 tuns The trade from the Lehigh region s at
this time suffering from an accident on the Delaware
Division On the 3oth ult one of the spans of the
aoueduct over the Tobcken Creek rebuilt last year,
tumbled down.
At Philadelphia the money market has been grad.
ually tightening; the banks are dscounting to fair
proportion of their receipts and absorb most of the
GOOD paper offered but outdoor rates have advanced
and now rule at sac 2 cent for the best names, very
little paper passing under the latter figure.
AT Boston the Money market remains amply sup.
ped with capital. Notes Of good quality are scarce
Discount rates range from to 2 cent with scatter.
ing transactions in sec niclass names at from TO TO-
The Banks take nearly everything offered of accept
| abe character, Of short date.
| The mails by the America are at hand. The money
articles of the London papers indicate that money s
rather easier for bills but firm loans by reason of
the demand for paying the nsalments the Govern.
ment loan In Lombard street bills were being done at
| 4 a. cent below the Bank rate. On loans nconvenent
pressure was prevented by the Bank making advances
| at y cent The Bank, it was thought would re.
duce its rate Of interest soon Consols closed accord
ing TO The European Times, at 49,
The position of the market for American Stocks il
thus noticed by Messrs. D. Bell, Son & Co:
Tie nmket American Securities during the la,
been very quiet and the Tees generally continue without
alta