New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-03-15


tie prc,eut pice Of L It. 80 1 - 0 per annum.
The fifth annual report Of the Racine and Mississippi
Railroad Company has been published and from it we
extract few particulars:
Regular trains are running TO Durand station.
Commodious depots have been erected at Lyons, Da-
rien and Durand Stations three additional water sta
items have been completed at convenient points. Two
first class locomotives, two passenger coaches, TWO
mail and express cars, two baggage cars
eighty house freight cars, Elk platform cars,
and twelve hand and construction cars, have
been placed on the road during the year. Eighty
track, are now completed, furnished and equipped
We lave on hard upward Of twenty miles OF rails,
nearly forty miles OF ties, chairs sufficient for htty
miles, together with large quantity of lumber and
timber for the work of constructi' H. About 800 900
will complete the road to Free port and the grading
from theLce to the Mississippi River 36miles is
than half completed, and may be finished in four
months, at expense Of not exceeding $50 900. The
right Of way land damages and depot grounds on the
whole line are chiefly adjusted, paid for, and perfect
titles obtained
At Philadelphia there is no change in the outdoor
rates for Money; quotations range at sag = cent +
snnum-the former for the best paper which is scarce
and readily negotiated.
The Reading Railroad Company reports for the past
week 2O,377 tuns-making the tunnage for the year
269 $40 tuns against 367 ,33l tuns, showing loss of
81 9S2 tuns.
Tie Branch Of the Bank Of Pennsylvania at Read.
ing is closed. The assets sent to Philadelphia
several months ago. The banking. house sold to
the Union Bank Of Reading a new Bank, which is
low doing business in it. The Cashier of the Branch
of the Bank Of Pennsylvania is now the President of
the Union Bank, and the Teller of the Branch is now
the Cashier Of the Union Bank.
A letter from Albany, under date Of the 18th inst,
says.
;Uis now settled that there is to be Gle airing
House in the City Of Albany, which will be prepared
10 receive from banks in the interior the notes of all
State banks redeemed under the per cent law, at
the ga rate Of discount paying for the same by de-
posting the amount due each bank in current funds
without charge, daily in Albany, Troy or New-York,
on tho morning after its receipt New England bank
notes in credit at the Suffolk Bank Boston, will be
received and paid for at /. per cent discount; New
jersey Pennsylvania, &c, at current New York rates
Notes current IL Albany Troy and New-1ork VIII be
redeemed at par State money received here will be
assorted al delivered daily to the redeeming agent
of each bark on the morning after their receipt, at
discount If Etty cents per huHdred dollars. Those
Banks which have redeeming agent here will have
n cir notes sent back by express and the Superntend
ent will draw them for the amount, payable at their
Corresponding bank IN Troy or New York. The OBJ
iect of this plan is 10 go ntrate the account OF
country banks at this city, aud the Clearing House
will provide tor the redemption Of country notes at
New-York through S.respondens in that city.
"Such is a gene 0tne of the plan gathered
from private ciA - just issued BY the Albany
banks VII ch al unite in the measure. The institu-
ton vii be called the Asserting House for State
Currency and will 90 rto effect on the 9Th OF April
next
Tie Buffalo Commercial advertiser devotes . col
upn TO review of the trade of that city for the year
1851. Annexed is recapuls;ion of some Of the lead.
ing items: $500.