New-York daily tribune., 1858-10-14

Ss:ss Ss::ss n sn3 RI Tsss s , @ :s b:s ''s NJ
Mehisan Centrsl........... s0l.asi 2lLri Dec rroi
S'rs1 Sstn. a,a M,n.sS Ncwaii y. psS Dee
Norheru sna we.,srn... ss9I, sl,,5 pee. q,
The London Times received by the City of Balti-
more has the following, in regard to the negotiation
made in London on account OF the Grea; Western
Railroad:
No.l3H,NovrR STREET. LoSDos, Sept y, 1853.
Sin: | respectfully appeal to your courtesy and
sense of Justice for sufficient space in your columns 70
notice the extract published by you this morning from
"A New York paper, in reference TO the Atlantic ana
Great Western Railway received on Saturday isst,
from the Unitcd States. a copy of this publication,
aud instantly returned full, definite and clrcunstan-
tal refutaton of the whole statement.
Upon the honor of u gentleman and my hiehty a.
the chief financial officer of the Company in question.
declare there il not single item ar feature oi tho
statement which has been imposed upon your New
York cotemporary that is trge. have gwen ana
promised d0uccur whatever, anywhere, or IN any
form. The only sacrifice have made az such II can
De called is that of having parted with the bonds OK
the Company az the rate OF i5c. u the dohar, anu
agreeing to pay in London ami Paris the same semi,
annual rate If interest allowed by the lnois Central
Railway Company. And under all the contracts-now
complete ,r the whole lne-our road VIII cost less per
mile by nearly onehel than any other leading railway
in the United States.
Referring You to my letter to Tie " Y. Timss,
when il shall appear TOR any further particulars that
you may deem important to a full vindication
Prsidrr, Of Atlantic aud Grcst wes,cga Railroad.
The Boston Post says:
There is nothing of interest 10 record of the Money
market. Il il very dull, very easy ard without va
ricty The banks hold rather less than SS3Oo,0JDo of
specie New-York funds have recently been quito
abundant, with slick demand. Business ranges
from one-haf 10 two-thirds much rs usually IL IN
October. Complaints Of dulness nni comparative
stagnation not loud but are a. frequent az ever
The West is nv paying up, the more sanguno ex-
f.cfpI II ,vluli "A Our merchants VIII lDfe
very heavily by Western customers, and present
Appearances at the West do not Indicate speedy
revival, upon any large scale, of that naturally rlch
and active country.
The Roston .Journql has tie following:
We learn that the Suffolk Bunk has notified tho
Bank Of Mutual Redemption that Tor the present,
and until further notice, II will send to the Mutual the
iils of such banks redeemed by that institu-
ton and that i, viii redeem for the Mutual the bills
Of such ban ks keen their counts with the Sa6piS.
This virtually yields the whole point at issue IN the
bank war. The Suffolk Bank yesterday presented
about Sill coo of the bills Of country banks to the
Bank of Mutual Redemption Tor payment. Inc de-
mand, although unexpected was promptly comphod
with. The payment was made in gold To the amount
o S6 co. and SlO5 900 in Clearing House certificates.
To-day large amounts of specie which hal bsen accn-
mulaiug IN tie vaults Of the country banks In the ex-
p,ctatiou of call from the Suffolk have been trans
fencd To the new bank.
Ihe EmP1e Sfafe says Of the Exchange Bank Of
Griffin. Georgia that the Governor has directed the
NolNnf'ttltfh OF 'ilt tiIfui " lnatNHl'
against this bank for tho purpose of having It's char
ter declared to be forfeited the law directs. The
proceedings, we learn, have been instituted on the
con plant Of Mr Jones' the editor OF The ADgps'a
Clroniclc and Scnt,ael, the bank having proved de-
fault demand made by him mupon for the redomp-
tion Of one OF It's II promise 10 pay
A meeting Of the stockholders Of the Chicago, st.
Paul ana Fond du Lac Railroad was held at Chicago
Wednesday, at which the following gentlemen wore
elected Drcctos for the ensuing year J. J. X. Pease,
Wis.i a. l.. Prtchard, Wiz Winsoy Blake, Wis;
Albon Winslow, Wiz; &. Butler, n. Y; John Ban
Mister, Wis; ). j. Tden, n. T.; o. d. Ashley, N.Yi
VIM. b. Ogden d. Phetus Sawyer, Wis; j. r.
Chapn, H.; Henry Smith, H.; Perry ii. Smith,
Wis.
Mr.. Vim. B ogden was reelected President, and
Mr Charles Butler Treasurer. A Chicago exchsDge
says:
iThe attendance was larger than ever before, more
than three Ourths of the entire stock beng acuyey
represented. The affairs Of the Comp ny, its condi-
tons future plans and policy were foly stated and
amply discussed. The concurrence in the necessity,
wisdom and propety OF the recent surrender ol tho
Road under all circumstances TO the Trustees OF the
Land-Grant bOndhOlders very general. II was
considered placing the stockholders and creditors
in the strongest position possible, To claim ia return
from the bondholders due consideration OF them In the
readjustment and reorganization which the embarrass
cOnsequent commercial rcvulsi0n OF last year lad
made necessary to It's completion and success.
BY such surrender the road, its properly and
earnings were placed beyond the reacb % any con-
bnaiioL Of sharks wholly irresponsible specnators
seeking possession under plausible ProtenSet, that
they might grasp its earnings or plnnge u INTO some
desperate visionary scheme, to serve Their own pur-
poses and ends regardless o c0pse1ueDce" 10 olhcfss
pro yded they prOfted by II.
Tho Trustees now IN charge are not at present
obliged or disposed 10 se the road, but propose To
conduct il with oatly increased economy because a
their entire freedom from debt AMI the annoysnces o.
snits judgments. executions and leves which had rem
dered II impossible for the Directors longer to do 80,
until some agreement between boudholders, stock
holders and creditors shall have been arrived al,
which shall be liberal and equitable and shall secure
the harmony, cooperation and aid Of az ~ 'he i"u'o
welfare and progr' - of this important work.
" Counitlees of stockholders were propoeen Hom
along the line 10 cooperate with Committee OF the
Directors and with trustees and bondnobders In car
ryng forward this work Of capinIa'ion ahu ie"'s""
iZatfn TO @ successful conc.nhioh. .
The Racine and Mississippi. Railroad has been COM
neted and ouered 10 the ynge of DAVIS IN Stephen
.on Comfy in this State. The RaeiAe Ne~s Of the
7th says;
m,va nox have a railroad 81 miles long, in fire
oo,d;,io, well equipped and as carefully and uni
6or,nlv operated any road IN the West. Ans places
~ r.ed within about twelve miles Of the important
cv Of Freeport and is only necessary ~ com
,te that small Ink To give direct through line
7, f;ayepa, Dubuque and the Mssisrppi River. TINS
twelve miles is more than tnree-q iarters grsdcds
and the iron and other materials for the track are On
hand.
Messr. Wright & Co.'S Circular says;
CRopThe weather In south has continued hne Toe pick
nr sid good progress been made In securing quality
well a. quantity This together with Tree receipts Tie ~
.o towns a. well as 3, ports. has seD e In quar-
ter. Z. What increased estimate. Of the crop We sss
good yet % place RELIANCE .i.h n,sner
bales and prefer - leave shs HHia We ne"
ki.lius frost