New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-08-03

Railroad Company has gone into bankruptcy, ana
I'VE learn that Gabriel w. Coit esq., of this city, and
"the Hon. Henry Du;ton Of New.Haven, have been
"sppointed Trustees. Commissioners on the estate
will be appointed next Monday"
1t i. now stated that the Ontario Bank of Utica VIII
not probably lose over $4,000. The Albany Journal
Gays:
1--WE learn from unquesti0nable authority that the
article copied into this journal yesterday, from me
". y. Erenrg Post, is essentially an exaggerntlon
aud does crue injustice 70 the Cashier OF the Onaro
Berk Of Utica who has neither embezzled its funds
falsfed s books, ror suppressed its correspondence
We learn also that The Black River Railroad debt IS
we'll secured-bat The liabilities referred TO are MS. as
large a. represented and that there was resly no ne
es.y for the uotoriety and alarm which gratuitous
publicity 20 the affair has OccssiOned.'
We annex card from Messrs. Jewett and Weeks
Of the Committee which visited Milwaukee to exam
Inc the affairs Of the La Crosse Road, and which ac
companies the report Of which We gave an abstract
some days since:
NEw-YoRK, July 80, 1857.
Hon BYRON KrLsouRS Precedent La C'O"e and Maraake
SIR: The examination which our limited time at
Milwaukee allowed us TO make was not such a. would
eDabe to verify in detail ell the statements con-
teued in the Secetarys report; but so far as the ex-
summation extended, the result of it corresponds with
the Secretarye statement.
We did not investigate your affairs as q Committee
OF tbe STOCKHOLDERS Ia general, Dor WIN tuo uehon
If making public report but merely TO satisfy our"
selves and those whose interests represented, as 10
The condition of the finances Of the Company aud the
value of its property. We were, OF course. unable to
examine all the vouchers and accounts of the COM
pany but examination led lis to believe that ihey
contained nothing to Justify the charges OF misconduct
that had been made against the affairs Of the Com
paDy As far as we could judge the present directors
ed TO have managed its affairs with the view OF
promoting the interests Of the stockholders.
OF the value of the route of the road, the import
of its tributaries and the fertility OF the adjoining
country, We can speak in the strongest terms, and
when consider tbese in connection with the tact
that the road can be operated At small cost We can
not doubt but that its net receipts will equal the san
guine expectations of its friends.
Hoping that you will succeed in pushing forward
the road TO early completion, We are
Very respectfully yours, JACOB d; yE"Lri'
Ia relation to American securities the circular OF
Mr. Sattenhwaiie, by the Europa. says:
The Money Market shows increased the Bank Of En-
gland have reduced their rate Of discount cent and some Of
the discount houses doing first class az under the
Bank The favorable for WITH
prospect of early harvest aud large Yields notwith
standing these favorable circumstances the Public Funds suffer
to the state of India and the certainty
that large expenditure must be incurred before affairs III that
county become sgsn settled
Confol, declined p since this day week. closing
9l3dt for Money, and 8. "a for Account, August6.
Business In American Securities in London has been inactive
during the week There is however, disposition to
pick up and Bonds good undertakings the low rates
now q