New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-02-18
Bazs and Msts........

| Bazs and MAts..... ,....'''s..'''..lcos55
Mr. Kilbourne the President of the La Crosse and
Milwaukee Railroad Company, has recently made q
report to the Legislature of Wisconsin from which We
| make the anne xed extracts:
The survey of the lines from Madison TO Portage
and from Columbus TO Portage, was placed uuder the
chsrge Of the Hon. S. w Barnes and though not CON-
pleted have been executed in very satisfactory mau
ner Jar they tave progressed Those entire lines
have b. pleced under contact TO the most reliable
ard responsible parties, and the construction OF them
will be prosecuted in tie most vigorous manner and
| without less OF time.
TIE Company directed the survey of two lines be-
tween PORTAGE City and the st Croix with view OF
selecting the most feasible practicable route bstween
those points One of tn Sc lines passes through the
| valleys Of the Lemouwe'r Rive and by the way Of
Black River Falls end Eau Claire to the 81. Croik.
The other line s,aring at Portage City, pursues
| more noriheriv route running by way of Grand Ra
| pids on the Wisconsin River, crossing the up Der
| branches Of the Yellow and Black rivers to Eau
Care when il intersects, and thence pursues he
| ssme route as the line 6rst described.
| third Ire will be explored commencing a. Black
River Falls and thence % the St. Crolx at or near its
mouth and up the valley of that river to point of in
| terseciion with the other line.
Sufficient time has not yet elapsed since this Com
| paDy became charged with the duty of costructlng
this road to complete the surveys OF the several lines
above mentioned but strong engineer force as 1t
prudent to employ has been kept constantly in the
| field.
enable the Company TO proceed with the construction
Of the road it has, in pursuance OF the authority con.
ferred upon it by law, executed with the usual AMI
proper formaltes TO trustees deed of trust Of mort
gage upon that portion OF the line of road which they
are authorized TO construct extending from dison TO
the ST. Crox, and the right and Interest OF the Com
psDy in and TO the lands embraced in the grant, which
may be applied to the construction OF that portion OF
the road and upon the western division OF the La
Crosse and Milwaukee Railroad, extending from Por
tage City to La Crosse and also upon ell the ranchtes
Of the Company, spperairing to both these line. OF
rosd This mortgage is made TO secure the payment OF
the bonds of the Company, to the amount of $40 OOo
COO which have been issued in conformity to Law, and
| in corr ection with the mortgage above mentioned.
OF the bonds go issued and secured e. 0OO 600 of them
are Issued on account Of aud are charg.ble to the
La Crosse ard Milwaukee Railroad proper; aud the
remaining 50 000 600 Of such bonds are issded on
account of and chsgeabe to the division Of the Land
Grant Road byipg between Madison and the St CrOix
The Company have effected sale of $50 600 of the
bonds thus Issued With which they hsve purchased
quantity oir rail suficen to lay more th an 100 miles
Of track. This iron has been purchase1 at favorable
price and paid for exclusively the bonds of the Com
psby Issued and secured above stated and is ready
70 be Forwarded on the opesng OF navigation and will
be delivered at Miwauk ee during the next Summer.
The Company have also mace arrang ements for the
sale of 81 $50 600 Of these bonds, in addition to the
above to be PAID in cash. part of the consideration
for which has already been paid, and the balance is
| PAYABLE in ipstalments from time to tine, running
through the mex. Sammer the last of which is paysbe
on the frat day OF September next BY this arrange
ment, the Company is enabled to realize the entire
proceeds OF s. 500 900 of bonds Sold in ample ti1e
to apply them to the construction Of the road within
| the next season.
| The Pott,riUe Miners Journal says:
owe are happy to learn that Mr. Tucker has already
secured II o0p1ation Of the Delaware & Hdds IN
| Company and the Scranton or Lackawsnna and Great
Weser Coal Company, far carrying coal east Is
copcernsd. This embraces sufficient to make the coal
organization 90 effective could be expected in so
short period from iis conception-snd while it viii
better remuneration 10 all parties concerned II
faithfully carried out il will not the average, en-
hapce the price of coal to the consumer"
Marie & Kanz's Circular for Europe says:
Since sdyee' of the 9Th inst Money has been very strin
The demand for Money proceeds from the po icy
forced upon the Banks By the heavy Withdrawals Of specie TOR
settlement OF Cotton operations. Ard I, dsysna
Tor those susa DsIins The pct week the 1 S,5
the southern cities have taken ssOc CO., Hayss s and
.Deeis rervo IN he New York Sub Treasury s 10000
On ne other hand California has sen, u: VsS 900 and tns
received mostly a; the close of the week In add
on e e positive hs MSa.r TAf bio a's a asa
BY the Eurors Liverpool stat January and Oy Pptehen
both re!n drain Of specie and to serious accumulation
in tie N.ons Treasury This accumulation VIII probably
j.oa. he commercial iltrFe.. Of the country il
,es'9, doe. not adopt measure. .Iaer t. redase
the sssse 81 to e9ss ne & oG s of me-
n. the proporlousy NY
Will be heal winds prevalent IA JinuAy
and the By Ice and that up 20 hs
time III exports the cOanlEy a. large spe ae
the stock hama represents some eIS,VOu
! more than the reserve q. this time lat year
The business Of the week has been active The damage
u, railroad uro nv the eshe, " last week
trbued scdoL the irueuees II z. nerG chalsc %
rroduce sp-c depression IN shares Of Michigan CsntrA
Hudson Riyer Chicsxo and Rocs lsnd md Enc KALI sd
CITY COUNTY BosDs-A few ~, Louis County Bonds
have sold previous San Frs8sisco lOs paVADe
ther. demand f California account and the e ~ut
bonds banged hands firm stes Buffalo u have oes1
| dealt 10 AZ 100 and accrued interest
The Circular of Msssrs. De Coppet & Co. has the
| following remarks:
| NEw.YoRK Feb. II, 1851
Our h.s experienced during the week sudden snd
very decided contraction in Money 49,
An accumulation Of Spsie u tns subIres1rJ pla u ot
duties large nportsoc and toe d
Spsoe for Havana asd the oathern States have Obliged our
Banks pa, themselves defensive "hA p.Fteuay
rrccupi- our Bank. H. unless extra s2propr al rs be
he shout adjourn the ae4HusuSn u
specie Tire Treasury attain lth pfop oas euiH tae
,,, a. become alarming 20 hen Beside nese sc,s
the scarcity If MOI patty explained by the se sans
ou4eutsry absorbed ho.rs OF Cotos II as corS
vho,e ths react more OF eas
| upon market
These causes which themselves sufficient 70 produce
al uuyosble effect stock nIk - have oeen sco
sd by news Of great nuudaions portion
cou-y several railroads well BY the damage done
q, their aeks By interruption % regular busn-s
The for has caused activity In The stock
o.verA railroads. We refer Tor me sudden fluctuations
| table Of daily quotations.