New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-08-15
FRIDAY, Aug lf-P. "


FRIDAY, Aug lip. VI.
The feature Of the Stock market today was the
large decline in Southern Michigan in consequence of
a considerable amount Of stock being thrown on the
market by the failure of Messrs. Gngg: Lathrop,
who have been large buyers recently. The MARKET
which closed Al yesterday opened to-day at 4o and
fell with but trfing rallies to 33l, az which it sold alter
the Second Board. This is decline Of about ~
cent within ten days. Messrs. G. & L., it Is UNDER
stood have suffered large losses by the failure OF an
operator in Western NewYork to respond. They
have been carrying it is supposed, about 1000 shares
We are requested to state that Messrs. G, d L. had
no connection with the Michigan Southern Company,
as ntimated by an evening journal The whole market
sympat 1ized with Southern and prices very generally
fell off Erie closed at 81 03ll; Reading, 90 1851;
Toledo, 492 so; New-York Central SOi; La Crosse
81, &c.; Pennsylvania Coal declined to 3d. In Rail
road Bonds and State Stocks there but little DONE
The business in Exchange has been moderate and
rates are unchanged At ~ for beat sterling there is
but little disposition to operate.
Freights are quiet The engagements to Liverpool
are 800 bbs Spirits at o.; 200 bbs Ro.in at DID, "a
bundles Shocks at 1885,; 100 tuns LogSood at g. To
Bremen: 10000 ib Whalebone at 3D. To Rotter-
dam: 500 bbs Spirits at &C.; 500 do. Crude Turpentne
at 2s. Cd y bbl 20 hhds Quercitron Bark at u.s. ID.
y tun. The charters are: The bark H. ID. Brook
man, for Bueuos Ayres, with Lumber, at $40; one
from Charleston to Buenos Ayres, with Lumber, at
$40; brig of $40 tuns to Merimechi aud Stockton,
with Deal, at SIS.
The business of the Sub Treasury was: Receipts
$22i, 9SS 81; Payments $l2O,4O 81; $4,000 Cali
fornia Drafts; Balance, sl2, 1892 o..
We hear of about 100000 ia specie engaged for
H.
steamer will take all the doubloons at present here,
but not, as far as we learn, any American gold.
The City of Brooklyn is in market for 81 200 600 for
water purposes.
Atameeting of the Directors of the Central Canal,
Hydraulic and Water-Works Company of Indiana,
held on the 18th inst. the following gentlemen were
elected officers of the Company: John II. Bradley,
President; John Woolley, Treasurer; j. P. Lord,
Secretary.
James Buell. esq, formerly of the Central Bank at
Troy, has been elected Cashier of the Importers and
Traders Bank of this city. Mr.. Buell. has been con-
nected with the Central Bank since its commence
ment previous to which he successful merchant
of that city.
The earnings of the Erie Railroad for the mouth Of
July 1e57 ~ rs s s's ~ y
Increase as S :,
Earnings July, 1855, VIZ %
This is much more favorable than was anticipated.
The official report of the business of the Baltimore
and Ohio Railroad shows tue revenue for the month
of July to have been as fellows:
Main Stem. Wash. Branch. Total.
For Passengers. ft9,t8 ~ 500 ~ $500
For Freght........ S57,8i5 SO 1913 II Sb,l9i ~
Total......s4G,lss So $a,2e is s4HiO 81
comparison of these receipts with those for July,
1856 shows the following result:
Main Stem Wash. Branch. Total.
Julv 1877 ....... 4b7 1858 S57,2l6 Is S4H 800 81
Univ I856 ..... 39l. 1873 81 81 1870 ~ ~. 3O2 4}
Increase .... SIS g85 Of $ll2 50 $l6,0y7 "a
Showing an increase of $l5 9S5 OIL the main STEM
an increase of SIP 90 on the Washington branch, and
total increase of sl6,O97 "a. OF the ncrea the
main stem 900 from passengers and nearly $1,000
from freight.
The receipts of the Morris Canal for the past week
and for the year compare with the corresponding
periods of last year as follows: