New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-03-09

49.8lO 90
The Directors also recommend to fund for years
aud hich tall due March and July 1853 amounting TO the
Of $3.50 with interest from the date OF the coupons
Resolutions 20 carry these Recommendations into effect were
my,ps of The b. of Directors held directly after the
adjournment the meeting Of the stockholders the following
officers chosen for the ensuing year: Giles f. Ward Pres
dent and Treasurer VIM r. Bartlett Secretary r. ~ Dowd
Superintendent.
The Baltimore Patriot of Saturday evening states
that all the banks of that city settled their balances
that day in specie. This preparatory the estsb-
Hshment OF Clearing House, which lie to go into
operation this day.
The London correspondent of The Commercial Al
rertiser says:
"LoNDOS, Feb. l9.-The upward movement of the
funds continues to make rapid progress and since the
departure of the last packet further extraordinary
advance of more than = cent has been established
in Consols They were then quoted 90, to-day they
have touched - /, ard have closed at 97. There Is
no corresponding advance, however, on the Paris
BCurse. The Bank OF France have lowered their rate
of discount from "a 10 cent but the Rentes remain
comparatively stagnaut. Tbs state Of affairs is to be
attributed solely to political msgyngs. large por-
tion of the moneycd population are looking with APP
prehepsiOn to the probability of domestic outbreaks,
while the speculative classes that represent the Court
from Count de Morny downward, are perhaps acting
ON hints as to the intentions of their master to
pick quarrel with England and get up European
war
AT Cincinnati, on the 18th inst, there was con-
tiuued active demand Tor money, with q marked
scarcity of currency, and the market was stringent
but at the same time measurably free from pres
sure All who needed accommodations and had good
paper to offer succeeded in getting discounts either
in side or outside circles. Where paper was dis
posed OF in the street, rates favored lenders. The
payments were large-the heaviest proportion be-
M on collection paper but there was no important
default.
In regard to the coal trade and the Delaware and
Lackawanns Railroad Company, The Miners Jour
nal saws:
Unless this Company can be prevailed upon to
withdraw this circular and fix higher rate, the few
thousand tuns Of coal they send 10 market weekly
will control the prices of the whole product and the
New-York will md it necessary to conform to these
prices il the early part Of the season a. least List
wear the trade suffered heavy loss by the action Of
ibe Pennsylvania Coal Company; and this year the
Delaware, Lsckaw anna and Great Western Coal Com
pspy has committed similar folly by putting the
rates lower than there any necessity for even 10
the present depressed OF the trade. II the rates
al which the Scranton Company are offering coal
established at New York by the other Coal Mining
Companies the Sehuylki carrying companies Will be
compelled TO reduce their rates proportionsby other
wise SchuyIkill County viii be placed in the position
OF supplying only such coal those companies cannot
supply.
Of freight on coal from Miersburg TO Baltimore at
- TO- ard from Pinegrove az E. - 2 tun. The way
friehts sre much higher IN proportion. The rates
from Millersburg 10 Baltimore the same last
wear but the rates from Pnegroye are III cents per
tun higher. The rates trom Trevorton 10 Baltimore
are not given. This Company have completed their
bridge across the SusquehsnnG az Dauphin, and il is
now ready receive The TG-s, wien the trans can
creI !. JegL9iy.'