New-York daily tribune., 1856-08-02

ing town end clearing out then r~cks, whils the
buyug market s restricted by .ae same ressou- Con-
sequenty prices yield sio~ly Ter the pressure o.
Stock on an unwilling market. The abundant supply
Of money, however, checks the fall by encouraging
buyers We shall, probably, have but an indiferen.'y
active market untu the return Of operstors from 'ne
watering place.. OF Erie about 1000 shares were
sold clotng at eliasli. The receipts OF July
were t575,Ooo, against which s3se,ooo N
July lsst year. II the settlement take of eloo,ooo
from this figure, the mon:h viii show gsio IN the
net enpings over Juy, 1855 Of about slOoVVo'
Reading was about the az yesterday, coeing a.
e7Ias7: Central was weak, and cloeed at Co.
Panama was quiet at about s9. In Western SHARES
there was a moderate activity without import snt
change. Michigan Central was %. Michigan Southern
was quite heavy and offered at s2i al the close
For La Crosse and Milwaukee II was bid and u asked
A email sale Of Milwaukee and Misssnpp was made a.
7s which looks cheap for stock which has pad II
cent dividend in the twelve months endhg
July l. Chicago and Rock leland was hrm az
93i, and Cleveland and Toledo at 76i. The business
in Railroad Bonds not large, but prices are hru'
Illinois Central improved to 90; Eres, 1871, ca. ex
int, equal to 9l.; Central 7s, lO3, and &c, ssi In
State Stocks there only sales Of Vglnlas al si
which is advatce, and CALIFORNIA; at TO-
In Exchange there is little or nothing doing, ana
rates are heavy. Sterling, si6si for good names
with bills lsding, and q asa for bankers. Francs
5.l7. a5.l6i.
In Freights we notice engagements to Liverpool OF
so 600 bush Grain at Sd. in bulk and SD In ship .
bags; $500 bbls. Flour, ls Cd; Cotton, "a 10
London, Grain, ga Cd. Rosin, 2s. 3D. To Hamburgh,
500 bbls Rosin, Is. cd. To Antwerp, 5000 bush.
Rye, 3D.
I'll business of the Sub Treasury Paid, sll3 =
962 O2; Received, 1922 1896; Balance g. go 57
Paid for Assay Office, s4,7sO 90; Paid on Drbursing
Checks, s4s coz 3s.
The Marine Bank has declared semi annual divid-
end of 4 y cent, payable on the llth inst.
The Lenox Fire Insurance Company, semi annu Al
dividend of S p cent, payable on the 5th inst
The ST. Nicholas Bank, semi. annual dividend of 81
y cent payable on the 18th inst
The Irving Fire Insurance Company, semi annual
dividend of Y cent, payable on demand.
Tie business of the Clearing House was tl9, ooo
The first election of Directors of the great c1nso-
dated line, tie Pittsburgh, Fort Wayne and Chicago
Railroad Company, was held at Pittsburgh on Wed
| nesday last, and went off with entire unsnimity We
have no complete list OF the Board, but the following
are among the principal names on the list: George W.
CASE, Ger W. Robinson, jr.. and Thomas Scott, of
Pittsburgh - Russell, John Larn.ll, and c I.
| Sherman Of Ohio; Samuel Hanna and H. X. Edger'
ton of Ipdana John Evarts and W. b. Ogden o. Chca-
| 90; j. Edgar Thompson of Philadelphia, aud Theo.
| T. Moran of New York; Mr.. Cas- President, and Mr..
Edeertop, Vice President. The Board is said TO
be very able and energetic one, giving
good promise of the future prosperity Of the line.
| This Company is composed Of the former Ohio and
Penpsy lvans, Ohio and Indiana, and Fort Wayne and
Chicago Railroad Companies.
II extends on the mort direct and eligible route from
the city of Pttsburgh to the city of Chicago distance
of four hundred and silty five miles. 1t presents the
longest continuous line of railroad in the United States
having the great advantage of single line untran-
| me led by unIemuneratve branches TIE entire line
TO Plymouth, Indiana, from which point 1t connects
by smother short road, with the Michigan Southern
and Northern Ind sna Railroad, will be completed and
| in full operation the coming autumn. The remainder
ofh. direct line to Chicago, some 20 miles will be con-
pleted early day meantin the through business
between New York, Philadelphia, Pittsburgh, and
Chicago, will be regularly estabshed-usirg the
Michigan and Northern Indiana on the west ebd. The
Fort Wayne and Chicago portion being as yet incom
p)ete large portion OF its assets pass TO the consol-
dated company, embracing mainly unpaid stock sob
scrptiors and lards in Ohio, Indiana, Illinois and
Michigan and valuable property in Chicago, estin-
a,ed to be worth about 81 400 900, and WILL constitute
valuable means for payment of liabilities and pro.
gress of the work. The distance by this line between
this city and Chicago considerably shorter than by
| either tie Erie and New. York Central routes
| In another column will be found the advertisement
ofthe Allentown ar Aubur Railroad Company which
is now appealing for construction to the active self
interest of New.York trade 1t has long been known
to the railroad world that the most important vacancy
On the railroad map of the Tn ted St.tes is strip OF
about 3sJ miles, between Aubnrn and AllentOwn, on
| the direct air line between New York and Pittsburgh.
| But great difficulty existed long time in procuring a
charter for this route and the charter, when obaioed
| waited some time the proptous moment for under
taking the enterprise. The road in fact continua
| tOn westward of the New.Jersey Central Railroad.
TIE enterprise fairly before the public, aud in
toim that will insure its prompt completion if New
| Yorkers comprehend New.YoIk interests 1t will
readily be seeD by reference to any good raro ad map
of the United States that the proposed road forms the
only VI finished link in the great railroad chain, uniting
/ the City of New-York with the commercial cities
sf the West by route 20 nearly upon an air
line TO the head waters of the Ohio at the
CITY of Pittsburgh that future routes can super
| cede it. The advantages of this route, when thus
completed over all others may be briefly stated. 1t
| is much shorter than any other. Unlike the more
nmhern routes it very little obstructed by SHOWS
1t has an uniform gauge of feet 81 inches through
out its whole extent. II enables the trader TO send
locked car of merchandise direct from jersey City TO
any railroad point the middle tier of States, and by
the Noithern Central Railroad TO Baltimore without
delay or traDshit tnent. Regarded as object of in
yestmen it is, perhaps, the most Legitimate railroad
enterprise before the public for it is not only very in
postant for the through traffic that must seek it, bat