New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-05-04

Tr.sl-
H. ,eit.. % week erdirs AprI =, isS7... AIS' %
Decrease IN ls5e................'.''ttNT
The March earnings Of the Chicago and Rock Island
Exrer'es.... ''''''''''''' 49,
The third week OF Ami on the Michigan Central
show, much smaller falling of than the previous
week. The three weeks together give $l5S, 80,
agans. s2O2 10 same time in 1851 The Apnlrecep's
Of the Milwaukee and Mississippi Road are estimated
by the Superintendent al SO, 600 to s'2,Wo' ms
Company has made an arrangement with the Gslena
and Chicsgo Road by which the latter will run trans
over the Belvidere branch to connect with the former
shoit distance southwest Of GAINESVILLE. From this
connection Of the parties in the Milwaukee ana
Mississippi Road anticipate gIea; advantsges out, az
this route is one hour longer from Chicago to James
vile than by the Fond du Lac Road, il Will scarcely
attract many passengers. If the Gaens Road throws
freight over this route il viii be so much gained by
the Milwaukee and Mississippi; but as the arrange
ment violates the contract already existing be-
tween the Gaena and the Illinois Central Roads,
which requires the Galens Company 10 send Hs
business via Freeport TO the Mississippi River the
Illinois Central Road which with the Michigan Cen
trail controls the Joliet cutoff will No doubt resent
this action upon the part Of the Gaens Road by chang
ing its tariff Of charges as 10 divert freight over the
Joliet and Rock Islard Road to La Sale, and thence
over their own road TO the Mississippi River avoiding
Chicago altogether. The arrangement does not have
the appearance Of very long ife The business Of the
Gle House was $25 SOL which lie larger than
for any day since the suspension. The Metropolitan
Certificates are reduced to 900. There is fair
demand for Treasury Notes, and the supplyis quite
moderate The 3 Y cents oare 25 035e. discount and
the cents = cent premium. On Monday next
the bds for the new issue will be opened. There will
probably be more competition than for the last. Sew
eral of our banks will make bids.
An election for nine Directors of the Central Railroad
of NewJersey for the ensuing year, vas held at Eliza
betbport to-day, which resulted in the choice of the
following gentlemen John Johnston John c. Green,
VIM. f. Dodge, Adam NOrrie, b. Williamson, John
O. Stems Aired Vail +. ]. Frelinghuysen, and IL. ID.
Maxwell.
From the annual report presented it appears tha.
the business of the road far the transportation OF
coal s concerned has increased than 80 per cent
over the former year. During the year ending April
1857, the quantity of coal brought down the road
amounted to something less than 300 900 tuns, while
during the year ending on the lst of April last it
amounted to $40 900 turs; and from present appear
ences, it is believed that during the year just COM
nenced it will not fall short OF 600 tuns and this
has been brought about without any effort or special
outlay on the part of the Company, inasmuch as the
necessary docks and facilities of transportation have
been provided by the traders themselves.
The firm Of Ezra Ludlow, jr., d Co. has been dis
solved-Mr. Ludlow continuing the general auction
and commission business at No. - Pine street, in
nection with Mr.. Chas. Edey. Mr.. G. W. Nichols has
formed house with Mr.. George Brown, and taken
No. IS Nassau street for the transaction of auction
business.
Mr. John Perry IT,. late of San Francisco adver-
tses in another column his house for the purchase and
sale of California securities &c. Mr.. Perry has
thorough knowledge Of these securities, and can give
applicants the fullest information.
Messrs. Winslow, Lanier & Co. advertise to pur-
chase $40 600 Sewerage Bonds of the City of Chicago
for the Sinking Fuud of that city.
The Empire City for Havana took 100000 in
doubloons
The Cincinnati Gazette says:
at the time the Ohio Life and Trust Company
Bank failed, Mr.. Ludlow, the New York Cashier had
IN bis charge large amount Of the second mortgage
bonds Of the Cincinnati, Hamilton and Dayton Rail
road Companys bonds. These bonds suffered the
fate of other securities deposited with that party,
having been hypothecated. The bonds belonged to
private parties and not to the railroad company, "a
has been stated The latter fortunate enough to
escape without loss from the general wreck OF the
Trust Company
We requested to say that the inference from the
above paragraph is entirely unfounded. The Bonds
referred to were purchased Of the Cincinnati Hamilton
and Dayton r. X. Co. by several parties, the majority
Of whom connected directly indirectly with that Cor
porstiop. They left with Mr. Ludlow for hypOthe.
cation and subsequent sale, he advancing very large
amount of money upon them, and in turn borrowing
of outside parties which money in fact went to the
liquidation OF the debt due the Company for the Bonds
These advances have never been repaid and under
stand the parties in interest can obtain their Bonds upon
payment of the various Sans due upon them
The amounts in the several Repositories of the
United States subject to the draft of the Treasurer on
the 10th Of April, as follows:
Treasury Of The United States Washington d CO... 5000 g
Assistant TREASURER Boston. Mass............. 1851 %
Assi Treasurer New SOO-i 70
Assistant Philadelphia NGSS3 III
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