New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-03

.. vrsss PAL and a. staas received 10 rsyaen WI Be eAa
sS sa the whole Of tb, proposed osn no, Be 'nssea and
Of nc compn, . sas. he ,,oes maxi W the de6e,
hese hoods vii be received ,or tas ne ~ a p, 80
,.%.a ,SI Soss Of the ''o'' 'n' mona
iss gstions the Comrsny excepting coupons dne 10
Betcmser I'D October maturing prev on' 70 tae !" JsSeHy
nSs, rIi be ieesSea 10 Psynsn. M pspvPis,s
The bile Of TIE Bank Of Hamburg have bsea
frssd b. the banks Of Augusta, Gs The eausa Of
Ibi, ~ disagreement. upos tie terms Of their weekly
settlements.
The Phs.adelpliq Ereaiag Bslie';a Of yes:srdsy
ssys the Commonwealth Bank will commerce ois'-
Dsss today under the act Of 1885, snd spe's-psy-
ing bsrk.
The Directors Of the Southern Michigan R.ilrosa
have i.sed smother appeal TO The shareholders, urg'
x ths necessity of their subscribing to the new loan,
TIE terms of which have been vsde sin more favor-
able TO the takers one million Of them being offered
reysble 30 ~ cent in cash and 20 cent in the gen
sral stock of the Company at par. AT the present
pree of The stock the bonds would cost the takers
about As. Tn, circular Of the Company we annex:
IL as sskaad.r' Of the Michigan Southern crd Northern IN
Your Directors are ar u compelled address you in regard
.. the fnsseia difficulties this Company.
We have heretofore laid before you frank statement oil ~
JIs loan then proposed 50 fsr learned me. the
@ ,sSs III. BE- owing in part 70 the strO
@s.-n p. 70 The belief thst Company could &c. along
IL viii be rene nbered Company has %
Of .ss1s. pledged for an indebsdns. OF s9ost ~;
Dsevepted any material sacrifice Of the securities
reforms Sss.'eS By y. in good degree carried out Indeed
every day confirming the correctness Of the emste 81 we
ps the road can be operated which We have already
The fns OF in the receipts .. this season. and the
doe the operatives have however prevented oar Iea.las
get the earning. more than enough to pay the on
m which had be immediately provided for and =. MOTH
ins be realized FROM the earnings Of be osd In TN. 70
20 We avoided. to have your immediate aid
Ine,s 80 ~ 90 ~ zen ,r /. The more essy
respond resolved ogI million Of ,es
M cent in cash. snd 70 cent in the general stock oil the
oil slso he smother million thes.
Bonds 20 cent in cash and 60 cent il glsraotcea
This proposition i open % the 10th Of Decen,b.
II this taken, sh. feel ourselves at liberty TO
dispose of o. these Bonds not be subscribed
Coz such terms the necessities OF che Company may
The subscription, already made, will be treated s,ubcrp.
sas under ,s proposal unless notice e the Company s en-
Nsy York on @ II: sa 81 P9'.
ny At Toledo But American Exchange Bank in the City
q NsvYoIi Director Oft Company residing out Of
ding their and returning their Bonds
ssSu he the
offered the bonds will be distributed among the sub'cs
The object Of this sppe. 4. solely your property
without funds 10 anticipation OF any that eau be realized
operations the road these securities must be sacn
oed Oar views Of The and vSqe Of this I': aud
:. S debt: and on &" os renal.
We trust. therefore, that viii deem it for Interest to
si 81 =" ORDER sG0 q the Bomd JOHN B. JERvs President
NoTE-The pro rata payment under this prOposare
esirsd emily 100 shares OF their
general stock and II shares OF their guaranteed
stock and In that prop 'rtion.
TIE following are the receipts of the Morris Canal
Company for the past week and seasoo, as compared
With the receipts to corresponding time last year;
T ws:l 70 Sb SSS Nv e ss 81 ssen 90
wesi ending Nov a. is57........ 62Oo Sl- 69so1 g.
Decresse In $50 81
The Baltimore Patriot says:
"The money market here to day is, IL anything
moro string ent with greater caution upon the part OF
capitalists in reference 10 investing. We have no &C
tual change however to notice 10 the rates; sec0na
Glass paper is very difficult to negotiate at all.
The banks discount steadily most of the good pa
per oeiitg Fret class notes are negotiating on the
street ct u per cent month. Also some SECOND
class at q d3 per cent but il Is very little wanted
Money on call easy, at to 10 per cent per snuum.
"E1char ge on New.YOrk is somewhat hrmsr. we
quote 1t at 3a3l; Boston 3a3l, and Phiadeiphis q
I, per cent premium.
The philadelphia Erening Bulletin, in speaking OF
the Ps nnsylvsria coal trade, says
Notwithstanding the embarrassments OF the s,a'
difficulties of transportation companies, and tue multi
pied obstacles that the coal trade has had to contend
with there is little doub. that the whole amount oil
coal sent to market duriog the year 1871 from tue
Pennsylvania regions east Of the Allegheny Mountains
will re ach shout seven millions OF tuus. Estimating
ths at the minimum valuation Of g per tun at the
mines this State has received ga O0o OOo curing Tue
wear for coal dug out Of the soil east OF the Aegnees
From the bitumnous region west Of the mount ans II
IL probable that there will have been dug out about
million aud half tuns, worth $4,000 600. 81 Peur-
syivsna gets for her coal during the panic year 1891,
nj least $I7 600 600. Ii were to take the price
paid for II when II reaches market we should nave an
aggregate Of s3i OOO OOO.'
The PicayHne of the 9th says
"Very little business was thought Of this morning
The conversation turned exclusively on the nature OF
the foreign news and the complications 1t might give
rice 10. There was no end To the variety OF sutmsos
The bears disported themselves gracefully, and came
out In full force.
"The rapid decline in cotton is considered generally
rs the mere result Of panic, under which necessarily
NIL values are disturbed. Some little business was
done to-day at decline Of lc, but many buyers
consider this reduction insufficient while fac,ors
tend that they will be abe to sell at very nearly the
figures before In this opinion they forti-
fed by the unfsvorable accouats from the country in
regard to the yield. 1t docs no. involve sny surrender
of our own Judgment when state that the crop es
Inmates have been lowered fom 100 900 to 2OO,OOO
bales within the last few dave.
"Tbe FL gsh buyers report thai all their orders are
cancelled. This also the case by the two previous
steamers, but the amount of business done 10 the
meanwhile is strangely contradictory OF these ssser-
lions"
The following is the specie list of the steamship
Kangaroo:
TT Merriam ........".sI5,I L; PhPp'........"siis2
n. Psteson 4oo W H. Ne"msa.... $3.50
L. l. Am.wieh.......... loOc c---5
''''''..''''.'.''tSH2
N. Y. whsiesaie Prices of Country Produce,
nee