New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-10-24

Road for the quarter ending Sept. ~ s very sAt-Iic
tory and shows large gain the same period OF last
year The result of the three months business il a.
follows:
BE- .:.s. ;: i s5I :
s8.86
Interest on debt..........'...'''.''''''' XIV W
Net 5000 70
Tlis is equal 10 e cent on the capital stock for
| three months and leaves surplus of $l,9j6 The
net earnings of the current six months are e cent.
Yet the stock is selling in Cincinnati a; 7Od7L On
this price it earns some .! e cent = annum The
traffic Of the road is increasing and already exceeds
the capacity of the present equipsge. Additional cans
have been ordered and will soon be O1 the road.
The demand for Money to-day shows increased &C.
tvty but there is scarcity satisfactory secun-
ties The recen. forgeres have created distrust
of paper and consequently there il capital offer
Ing for call loans on stocks. Paper Is more closely
scutnized, and goes at rather dearer rates. First
class signatures are 10 T. cent, with but moderate
quantity on the market. The banks still contract
ing but not TO an important extent.
The advices per Arabia show an mproN ement IN
Consuls of T. cent under continuance of the stnn-
gency money. In Breadstufis and Cotton the adj
vices are a. favorable az could be anticipated. The
Bank Of France had not suspended, the Government
having refused to sanction the step. Consequently,
tie Bank continued to buy gold to replenish her cot
feTs and the Bank Of England had lost in week the
amount of a million pounds sterling. Both
banks would probably resort to stil more restrictive
measures. The news by the Arabia was not consider
ed satisfactory in the street and stocks declined
what under il. The demand for gold in Europe il is
feared will tend to drain large amounts from this
country.
4 letter from France says: "Siver for ordinary
purposes scarce, that in changing gold Napoleon
of 20 francs into silver the shopkeepers demand two
sous: Goo francs i'll silver they demand 80 fTaucs
equal to per cent. This want of silver is causing
panic
At the session of the Legislature of Wiscon-
rim passed, mainly through the eNertiOns of
Mr. Ogden # the Fond du Lac and Chicago road of
great importance to the holders Of railroad mortgage
bonds ofthat State. The act siipulates:
FIRST: That the mortgage shall cover real estate ac-
qured and road constructed after the execution OF the
mortgage
.SccoHd: That the rolling stock when by the terms
of the morage IL is bruced therein IL declared fixture
on the road. and covered by the mortgage
IHir1: That the act is TO apply TO mortgages exc
cuted btfore MS well ~ after it, passage.
F0urh: That upon foreclosure the franchise passes
70 the mortgages.
This act settles points which are in doubt in other
States; and the example of Wisconsin in passing it
should be followed by other States, especially Iowa.
which will soon have large amount of Bonds in mar
kot for her roads.
Erie County, Pa, has subscribed 100000 to the
Sudbury and Erie Railroad Company
At he meeting Of the Canal Board, held the 18th
inst. among the resolutions adopted was the following;
That the sum of OO0 appropriated 70 the endorsement
of the Ere Canal by chap 4s Lave Of 1886 be- divided and
expended upon the several divisions Of the sAd C-HA IS
To the We.;err Division. r $500
To the Middle Division. $4,000
To the Eastern Division. ........ 10000
The ABany Aals states that the Bank of Albany
will On the lst of January increase its capital stock to
$50 eco. and the Merchants Bank 10 600, 900.
Tie CAcago Pr,ss states that the equipment of the
Mineral Point Railroad has been purchased, and is
partly on the ground the remainder being on the way
The track is being laid at the rate of over half mile
a dav. and il is expected that in less than sixty days
the work viii be completed. In the course of the
present week regular trains viii be put on TO run the
frst eighteen miles of the distance. The line of the
read is from Warren, H., to Mineral Point, Wis,
distance If thirty-two niles. The cost i 81 1000
At Warren the road connects with the Illinois Central,
which at Freeport connects with the Galena and Chi
ca-o The contractors for the entire line Messrs.
Luther Beecber and Alvan wilkins Of Detroit.
The same paper states that the progress OF track
lay ing on the Pittsburgh, Fort Wayne and Chicago
Railroad east of Pymouth Ind, il very encouraging,
and is confidently expected that the work will be
completed 10 that place by the 9TH of next month
yb,na new route will be formed To Pittsburgh and
via Laporte and Plymouth. There is
every reason for believing that the entire line Will be
finished to Chicago inside of twelve months from this
time.
The exports Of domestic merchandise from the por
of New.Orlt ans for the CustomHouse year ending
July 1856. amounted 10 $50 81 963 Ia foreign ports,
and $40 sO5 473 TO coastwise ports against 80 OSs ~
10 foreign and SIS OBJ 39l to coastwse ports IN the
previous year.
Total exports TO foreign and coastwise port for the
ear ending July l. 1856, sllO 1888 f}6 and for the
ear ending july 1853, So 10 2ls. Increase this
year To foreign ports g. $50 1876 and TO coas,Sise
ports only sl,74OS2.
The total value Of the produce brought to New
Orleans from the INTERIOR for the last five commercial
ycars, stand follows:
- lii Is H lAob ..- ~ ~ -,
|fl''........... ll7lbsB lt1......s .'.''' iHOi'N
-''''.s...-.-..... lis ID. lsa
OF the recepts for the last year, Cotton was nearly
ne bali IN value namely 49, 93 bales, valued at
s'o@l.7.0. Next follow Sugar SID, l99, 800; Flour
sH''o'@'; Tobacco, sso72,775; Pork, s55Si joii
M'la-'e'' si,S24i2; Bacon, $3.50, 36] Lard
~ 27S' Com, $3OI9, 99l; Wheat, $2,7S2, 20;
j" h-ty. t,'SGj6 Begging and Bale Rope
" '25'eo Beef $s2l aj5; Candies. s763IH; Hay,
*i2AO Oats, tJs7, lS0 Hemp, 500, $40. No other