New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-09-11
NEW YORK DAILY TRIBUNE SATURDAY, SEPTEMBER H. 1853
,v,te sale NJ a.. 900 Minne-ots

We MOTTO. to-day private sale Of $s0oo Minnesota
y cents for banking purposes, at 1906. Several ofthe
Western States are now receiving this loan rom
banks a. security for circulating notes and bankers
prefer Is It Yields about = cent interest. The new
Government loan i dull and Is offered a; 1885, Sl03i
cent interest to the buyer after next January.
The orders from the other side for this loan have not
been equal to the expectation, of tie taker> Safe
Stocks generally are inactive. In Treasury Notes
the transactions are very limited.
The Ere receipts in August were about $4,000 be
hind those of August ls57. The September receipts
thus far also show falling off. The Central Roah -
reported TO be doing A large business which = partly
due TO the Conventions which have been held AZ >yra-
cuse. The Wabash Valley Road, il Is estimated. VIII
give $4,000 in September The business ct this road
would have Welded 500 or sl5.oo0 more IN August
If had the proper necessary facilities At ST IL sta
ticuS for tie shipment of grain. The Illinois Great
Western receipts in Angus; were Si5Ooo, ana The
Mansfield and sandusky. $4,000. The receipts % the
>econd-avenue Railroad Company in August we've
s!i5o0, and the expenses about Sl2Ow.
The stockholders Of the Stonington Road recently
voted for the oss OF the thirteen miles between New
London and Stonngton tha, the only obstacle r.
naming was temporary injunction torbiddng the
lease That obstacle was rmove by the dissolution Of
the injunction Wednesday by Judge McCurdy, be-
fore whom the case came upst New-London.
The ,unnage of the Reading Road IN the week :
stated to be 900 tuus Tie Schuylku Canal
brought down $500 tuns.
In reference 10 the statement of of the morning
papers regarding the bond negotiation recently made
in Europe by tie Atlantic and Great Western Railroad
Company We are informed by one of the parties 10
the negotiation that statement OF the matter made
few DAYS since was correct in all important particu-
lars The entire amount of the first mortgage Is s.,
500 O0O and of this s. O00 900 have been reserved by
the Company for the purpose Of furnishing the road
The price at which the bonds negotiated, We are
also informed was - cent of their par value These
details of the negotiation conflict strangely with the
statement that the Company will realize but - 1901 oo
from the sale.
The Philadelphia ledger SAYS:
We learn that the holders in this city of se first and
second mort gage bonds of the COyington and Lexng
ton kentucky Railroad, To the amount of $3.50 600,
propose to commence legal proceedings with view
Ia foreclosure unless satisfactory arrangement
is made for the payment OF interest. The Cincinnati
holders of the first and second mortgage bonds are
represented a. incining to the same opinion.
The last rail has been laid the Detroit and Nil
waukee Railroad. thus making complete Il connection
between the former place and Mil Point, on Lake
Michigan. The first through train passed over the
road on Wednesday. The length of the improvement
| is ls5 miles.
The cash assets and liabilities of the New-Orleans