New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-26
We heard Of .bou. eco COO 10 gold going to Boston

We heard Of about SooO coo gold going TO Boston
for the Wednesday steamer, and he amount VIII prop
ably be increased. There is already considerable an
| curry for The rex; Cursrder from this port.
The private sdvices by The steamer are quite as Ia
vorsbe as tie printed accounts and there s renewal
70 soy e1eL: Of The orders from London TO purchase
our securities Orders have been received for New
York Central Ere, Michigan Central, and Illinois
Central securities ard State stocks, but in many
CAGES they are limited TOO low 10 be executed
Some Erie and Illinois Central bonds have, how
ever, been purchased. Tie advices in regard
tot be progress Of the Illinois Central loan are
favorable The subscription exceeds 81 100000 with
two or three other large subscriptions promised but not
YET IN. Tie taking Of TIE loan considered as GER
tan. The Enc managers have received no advces.
Mr. Moran berg known TO be near al hand, the par
ties in nteres; in London did not write by this steamer
letter, however, received by another party express
es great confidence that the Company will receive the
aid asked for.
movement is in embryo in the State Of Wisconsin
having for It's object the relief of the various counties
cities and towns from the very oppressive burden of
debt which they have incurred in rendering assistance
70 RAILWAYS in that young but fourishing State. The
nlap ia 10 obtain the passage of bill by the Leg
s.,ure now in session authorizing the State to assume
these Ioeps and 10 consolidate them by exchanging
therefor T. cent State stock at par value, at the same
time making provision by moderate tax upon the In
corn. Of the railways aided for q sinking fund which
shall eventually extiuguish the entire debt in its accu'
limitation. As a preliminary measure it will be neces
sary to amend the Constitution which now limits the
amount Of State debt to 100000; and this amendmen
is proposed to submit vote of the people as soon
| n olxa,,b ap SSaryn
for the result is in favor Of the amendment extra
session of the Legislature may be called, IN order 10
| complete the movement speedily as possible. The
total amount of loans of this character now outstand
| ing five millions OF dollars, at rates OF
interest varying from TO cent and there is hardly
city in the State, of any Importance, which has no
loaned its credit to aid the prominent lines OF road
either completed or in process of construction. Among
them are iDcludedthe cities of Milwaukee for 500 OoO
| WATERFOWL $4,000 Racine, 10000 kenosha
5000 OC0; Oshkosh sl75 900; Fond du Lac, $780,
Sheboygan sl50 eco; Madison, $lO0, 900; Belot, $oO
600; and the towns of jefferson for S5OOO; kosh-
| kopong O.0OO; Columbus $780, 900, &c. The i'm
movements for which these debts have been contracted
have developed the State Of Wisconsin to an extent
which could not have been accomplished in any other
| way in go brief space Of time. They have opened
her markets to the rapidly growing trade OF Mime
sofa and Iowa. and have given access to the valuable
pineries of the North The advantages have not only
been immense but they have accrued to the whole
State difusing throughout its length and breadth the
fresh and vigorous hfe-cunent of enterprise and trade
We hear from Philadelphia that the sixmillion loan
for the Reading Railroad Company has been all taken
considerable portion on English account and million
more at Boston. The information however, is not
| official.
Mr.. David Banks, Receiver of the East River Bank
is paying dividend of 25 y cent to depostors Mr.
John A. Stewart the Receiver of the Bowery Bank
will it is presumed, be ready by the LIST of March to
pay the greater portion of the remaining liabilities.
The books Of the Milwaukee and Mississippi Road
close this afternoon for the annual election and will
open February 10.
The following sales were made at auction this day
| by s. Draper:
600 New York and Harlem Railroad added 73
SxNO Wserown ety 6s.'' lnL added T
& LEGO La Crosse and Milwaukee R. Int added IS
$1,000 Chicago s. Paul and du Lac LIST mtg s Int added 3O
shhes hanover 5lt
Is shares Artisans Bank 75O76
20 shares commonwealth Bank.. 81
~ shares Bank OF Commerce. 1901
10 shares Continental Bank. 953