New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-19


Tie Havana steamer took 5000, 600 in SPECIE con
iderable portion Of which was Spanish gold. The
,hipment was by Messrs. Taylor 81 Co., $4,000;
Durege Bros. & Co., 100000; and sundry shippers,
$4,000. 1t is anticipated that the shipment on
Wednesday next by the Cunarder will be very large.
The Congressional proceedings published this morr-
rg, give synopsis of the bill for the issue of Tressu
~ Notes. to enable the Federal Treasury to keep its
doors open. The details of the bill have already been
foreshadowed in our Washington advces. The amount
is limed to 500 100000, with power of reissue the
denonipat alton not to be smaller than $50 the issue TO
be limited to year and the interest upon the first six
millions il to be Fixed BY the Secretary of the Treasu
~ with the appreciation of the President but not to
exceed Y cent. The Secretary has been in con-
sultation with several financial gentlemen upon the
subject, but has not yet fixed the rate
of interest at which the six millions shall be
issued The point is to fix upon the lowest rate at
which capitalists and institutions will absorb them at
par for temporary investment, and this rate, it is
thought is = cent Several Of cur city banks have
expressed a willingness to take considerable amounts
at this rate for the temporary employment Of their idle
funds, and applications have already been received
from individuals to extent for the same purpose
Tie Government officers entertain no doubt OF their
ability 10 exchange these notes for all the gold which
the Treasury will require If the rate of interest is not
put too low. Another rate has been suggested
65l00 Y cent and has met with some favor for two
considerations; is tina! it is medium bstween
and cent the latter rate being considered too high
by some parties while the former is thought to be
too low and the other is its convenience for the CON-
putson of the interest il being just one cent per day
on the hundred dollars. As it is expected that these
notes will pass freely from hand TO hand, and be used
az remittances between the varioas portions OF the
country this facility Of sscertainng the accrued in
terest will be very desirable feature. Il Is not un-
Liz ely that portion Of the six millions msy be issued
at merely nominal rate OF interest, and the option be
given to parties having claims upon the Treasury to
take notes OF gold 1t ia believed that many parties
would prefer the notes TO gold az less bulky and more
convenient for remittance &c. l. is understood that
the Secretary would would Immediately make dis
bursenents 10 the extent of some three millions the
Treasury was not so low in funds.
The Philadelphia Ledger says:
In money matters and in business generally there Is
quite calm: There isIscarceiy any new paper max
ing, the little that p doing being mostly for cash.
Capital is in Of the wants OF the existing trade,
and unGuestioned paper commands IT at a ~ cent
Ii is difficult TO find takers for second-cass blls
The New-Bedford and Worcester banks have re-
sumsd specie payment within few days Indeed, all
Inc New Enshno odnkr, eASeP'pS hnOue ASAone, u1'o
practically resumed under the arrangement with the
Metropolitan, which requires redemption in Nsw-York
funds. The circulation of New-EDglsnd as we'll as of
this State largely reduced the redemptions at the
Suffolk and Metropolitan Banks being but little more
than onethrd as large before the panic The inte-
ror banks Of this State redeeming about 100000
per day of the accumulstions at the Metropolitan.
The Cincinnati Gazette gives the annexed account
of the proceedings at the annual meeting Of the Co
viz gton and Lexington Railroad Company:
1.-THE Presidents report was dated Nov: J., 1851,
and stated that the receipts of the rosd the first year.
ending Oct. 81 1854, were sS7, 1854 80; the second
year. 1854 1913 60; the next year 1899 l., and this
last year, $i26, 4Os SO.
"During the last year the Maysville and Lexington
Road has been leased for ten years that Companyto
keep the road in Order and the Covngton and LeKng
ton to stock with cars half Of the gross earnings
to be paid to the former road. On the 9Th September
were through to Nicholasville, by contract
With the Lexington md Danville Company, BY which