New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-01-24


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Observation-Disclosures 4Oo e0i
The Racine and Mississippi Railroad Company will
pay the half yearly interest their frat mortgage
bonds on The fret of February, at the office of NJ X.
Jsssup & Co., No. a E1chapge-place.
TIE easy features Of the money market on call be-
fore noticed continue to increase and good borrowers
find no difficulty in carrying stOcks'
Tie bullion brokers are buying Spanish quarters at
% cent?, and in some case. higher, so that parties
holding them need not part with them at the reduced
rate, 70 cents, fixed by the act of Congress. In
large quantities they worth small premium The
Spanish shipmgs and sixpeDces are not, as general
thing, worth more than 10 and cents.
The business of the Clearing House was 81 %, OOO
Il is estimated that the amount Of specie in the Uni
ted States is now in round numbers $40 900 600, Of
which some $s5 COO,O eco il in the Banks and the Fede
raj Treasury.
A. D. Patchin, purchaser of the railroad, rolling
stock &C. formerly belonging to the Buffalo and New
York City Road, has formed association under the
provisions of the Act to authorize the formation o.
railroad corporations under the name of Buffalo Di-
vi,iop of Nev-Yok and Erie Railroad Company
The Directors are, Henry Martin, Geo. Il. Babcock,
James O. Putnam, JnO. Wlkeson, Aaron Rumsey,
James c. Hoyt, II. Niles VIM. Monteath. Thad. ID.
Pachin, Daniel W. TomlnsOn, and A. d. Patchin.
These gentlemen have consented to act under the ex
pecation that the LIST mortgage bondholders will come
into an arrangement he plan Of which is now being
porfected) for funding the coupons now due. When
an arrange nj for funding the interest Is completed,
the stockholders and such creditors of the Buffalo
and New. York City Railroad Co. have been cut of
by the recent sae Of their road, will have an opportu-
nifty to join the association to the extent of their debt
| and stock, on favorable terms.
The Boston Journal has the following in relation to
| the Boston, Concord and Montreal Railroad Co.:
Tie step taken by this Company, alluded TO in
paragraph extensively copied has been compelled by
the difficulty of renewing The floating debt of the Com
| psny, amounting IN round numbers to s&3OOOO. BY
virtue of contract made between the Company aud
Messrs Josiah Quilcy j. M. Wilton and John ~, I;
ad has been placed in their hands as Trustees sub
iect TO the mortgage bonds, they agreeing to apply the
income rst 10 the ordinary expenses OF the road Sec
cond to payment of the mortgage bond interests and
third 10 he liquidation OF floating debt.
The personal liability OF shareholders is to the eI-
tent Of tie floating deb, cay s5OOOO, but II Is not
srprthenced that any forced measures will be necee
cary many of the stockholders who have been con-
suited have already expressed their readiness to take
six per cent bonds at par, pro rata, to sufficient
| amount to discharge the entire sum.
Meanwhile the bond coupons viii be promptly paid
AZ maturity and the credit will also ceve interest
| on their demands until finally discharged.
meeting of the shareholders viii be called lmme-
| dately.
Business with the Dry Goods merchants still lacks
| activity; trade has not fully opened yet, owing
chic ay TO the difficulty encounteredn forwarding mer-
chandise occa.ioned by the embargoes placed on the
avenues Of transportation by the recent stormy ard
severe cold weather City jobbers purchasing to
moderate extent Of such goods as are adapted to
the early trade but there is hardly sufficient doing
amo any class of the trade, ye., to notice any
gel eral animation Brown Sheetings and Shtngs Of
standard makes are in moderate uest, and prices
| rule verv firm. We quote Lawrence ne Sheetiogs,
3. inch at 7ic ard 40-inch do, al SIC. Seached d.
3i.ucb command Sc, and 3S-inch, &c. Brown Shirt
rgs of the same make, 80 and 81 inches vide are sell
| ire stfl and lie; Bleached do % and y iuches
vide sell at and &c. Stout Brown Sheetings, frUts
tie came Company g. 40, e. and II inches realize g
o. II and l3c. respectively The fremont Mills are
selling their Brown and Bleached Sheetngs, 81 and -
inches at - and SIC. Indian Head, known az the jack
son Company are getting and lie. for tbcir heavy
Brown Sle,ngs 81 and IS inches wide, and lc. for
2O.nch Brown Shltngs. Wooden Goods now 10
better d,plny and are fairly active, but the price
realized are not such IS 70 encouraged he production
Light Coatings, in mixtures, have sold freely al 81
Fancy Cassimercs and Doeskins range from Al l2i I
81 20 y yard. These prices are much, il any, bet
ter than those Of last year. while Wool has advanced
30 a 50 Z cent.
Trade ba. lot opened with the importing aud job
biBg houses as yet, is there much animation e1
pected while the present cold weather continues
stocks of goods the whole light for the season.
and good business is anticipated as trade sets
in. The late advance in the price Of six in the
markets abroad has given greater confidence 10 holders
Of ELK fabrics here in the maintenance of future good
prices. Tacoma Brown Sbeetng, 81 inches, command
DC; fine d. 30 and 80 inches, Il Sic. Booth
Brown Sheetings, 80 and 10 inches selling at 81
lie. and Bleached DO, 81 and 10 inches, 81 q Re
Brown Drilling, 30 inches wide, from the Lawrence,
Massachusetts, Booth, LscoRia, Salmon, Falls, Tenn
pie and other principal Ills readily commands Sic,
while at Boston they realize &C., which is aboat the
market value at the present prices of Cotton.
BIZ ached ard Corset, IS inch, from the same nils,
are selling at &C., and BlCe a. lOic; A Brown
aid Bksched, from the Lawreoce Company,
command II PC. Tacoma Brown Je, 80 inches,
sell at DC. and Blesehed and Corset % and % inch
al 9lc; 2siDch Slesiss from the same Company COM
mapd lee, aid 3o.iscb Canton Flapnes II. c. The
Lowell Company are seirg their osBsburgs st tie