New-York daily tribune., 1858-08-30
Elf0.fl

Decrease a. c1upsred with <lioiol5
The motey ms,ke. during the week hiss shown no
charge, the attempt made By some Of the Bsrks
about Geen dsys since TO put up The rates Of interest
has failed and money is as easy TO obtain on good
paper ard colsiersls, and ct ss low rates g. at any
time .ircs the revulsion Of last fall. The supply Of
psper although slightly increased s rapidly absorbed,
either in banks or in the discount house at iper
cent, for very fsyorte signatures at short dste and
a G = cent for good names at and 6months. Tne
cunen. rate for dry goods paper due in February AMI
Msrch is T. cent. On call money is abandan. al
per cent On satisfactory eolateras the lever rate
on Government and State stocks. The Banks are
losing come of their interior snd Southern balances
but the amount yet not important, and they are
wiling lenders where the security is desirable. TIE
Moderate Improvement in business which is beginning
to be felt throughout the country has not yet made any
peIceptb,e impression upon the inert masses Of capital
piled up here. That there j. some renewal Of the old
activity Of business in this country is evident from the
increase II the Ise OF the railroads reported during
the s.ttr pst Of this month"; ~ the crowds which are
rg up our hotels snd by the pcreass uhieh. taking
place in the sdvertiting columns Of the city journals
Nothing new has occurred in gard to the negotiations
going on between the Ere and Central Rosis. The
Ere takes very independent stand and al present the
Certrs appears to have decidedly the worst Of the
contest Ii has been unable TO enlsi II any Of the
Western Roads TO Join sgsins. the Erie, and s eiicts
Of non-oommuIics return 70 plague the inventor.
The matter certainly should be arranged but where
one party is 60 Indifferent as in this case the Ere is, i.
s rot easy for the other party TO propose terms which
will be entirely satisfactory.
The Stock Board have voted 10 hold no session on
the lst O; September pro1.
The business of the Clearing House was slj l36 So
meeting OF the stockholders Of he Ohio ard Miss-
ssipp Railroad Compsry was held on the 26.h inst in
Cipcipns The otect was TO hear and consider the re-
polt their Investigating Committee upon the condition
Of the Company ard ro:d in relation the Associate
contractors OF New-York. There but from twsr-
~ to forty stockholders present, snd they far
from agreeing. The Cincinnati GG.eite says:
AN able and impartial Committee having shown
moSt cor ousyely thst The contract had not been
MED with the Gentlemen made L convenient 70 dsre-
esrd their far promises and even refused to meet with
.bs stockl olGers for consultation. The latter hsye
rursued fair ard honorable couIse-h!st, n ordering
Ar COMPOSING the Committee: aro lastly, in ofering
70 settle 81 differences by srbitra,lon This mode Of
.tieant the asccis.es declined IN soy ance Of the &C.
ton of the meeting. They boldly deeared il favor OF
era fight should the stockholders adopt the report OF
the Committee. Well the stockholders dlsIegarded the
threat and adopted the report. Now, II the ssso-
cates will have Il co. let the hght prOceed. II s est-
ms.sd that i, vii require near 81 go 600 TO make
cod the obi sticps OF the associates under the con-
tract"
The fo-owing letter was submitted witt the Invest.
eating Committee report:
NEw-YoEK, Aug. - ISIS
" = c. gNsSr tsq Vice PTestel, Of y. I'D II r CO:
81: Iron our solicitation We have been kindly per
rtted 20 peruse the report agreed upon by the Com
mittee appointed under the resolution passed the
socIhojasrs meeting IN June lss,, and gard the
.ubussior cf this communication TO the ensuing N SET
;rg ~ he stockholders, simultaneously with the pre-
sestatiop Of the report, ss appropriate.
Tn, relations n which We stand 10 this report a.
contractors, would ordinarily sugges; our presencs
drnr ia cor rsderaon, but our pecuuary interest in
TIE r'sd induces us 70 shsan from 81 participation in
the uestirg and from imnediste comments upon the
report from conviction thdi, az ms tine, either
controyersis discussion critical review Of tae re-
nort xcud he highly readcial TO the Interests Of al
psrtiee and perhaps, destructive to the road Itself
To prevent however any erroneous differences So 10
our views from our action as above indicated Yet
without sny intsntionto iupugn he motives, scs
nSguss,s Vi its committee, We difosty seela.e ias