New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-06-07

S9SoA a
A meeting OF the bondholders of the Chicago s..
Paul and Fond du Lsc Railroad is called for Thursday
the 10th inst at the ofice No. II Wall street to ON
cult upon measures for completing the road to O'h-
ko.h by the let August required by Law, and there
by securing the land grant. full attendance very
detirabe.
The Morris County Bank Of New.Jersey has re.
sumed payment again, aud bills Of all denominations
will be redeemed a. the Importers and Traders Bank,
Nsw-York.
There are three distrc: New.York State losus now
advertised for, and for which proposals will be re.
ceived to the 9th inst, az follows:
J. The Controller sdverses for loan Of 800 600 at
) T. cent reimbursable July /, l775, to make good
the deficiency in the annual contribution from the Ca
nal revenues Of s350,000 to the General Fuod Debt
Sinking Fund The Canal revenues, after paying the
piior lien to tbs Canal Debt Sinking Fund, have
proved insufficient by this amount, to meet the
pua contribution to the Sinking Fund for paying the
General Fund Debt. Tue Controller is authorized to
make loan in such a case az this.
,. For the purpose of proceeding with the work on
the Erie Canal Enlargement az the Montezums
Marshes snd at Holey the Only places where there s
much work that be done duriOg the Canal naviga
iion and Of finishing some important work on the
Oswtgo Canal at the Gascsp Rapids, the Commits
soners Of the Canal Fund have svaei themselves Of
the law Of 1857, WI ch authorizes a loan under the
10th section Of the h article of the Constitution and
have advertised fer five per cent loan Of 800 OOO re-
payable in 1860, to be applied to the above work.
The above section of the Constitution allows debt
not exceeding 81 100000 in the aggregate, to meet
casual deficits or failures in revenues or for expenses
not provided for.
B. The T. cent loan Of 81 800 600 reimburs .ble in
1868, advertised for by the Commissioners Of the
Canal Fund, is for the purpose of extending that
smt unit of the Car 81 debt falling due the first day
Of July, ard which the Canal Debt Sinking Fund is
insufficient to meet by tina. time. The Sinking Fund
will prove sburdartly sufficient to provide for the ult
mate payment Of the Csra debt il is the first lien
on the Canal revenues but il will no. meet the debt
ss fast as il natures and hence this extension The
Commissioners of the Canal Fund are authorized to
make Few loan in such csse tois, by section Of
chapter 1886 Of the laws of 1855.
The whole loan for which proposals are 10 be re-
ceved up to the 9th inst, il will have been seen, is
81, 500 eco.
Mr.. y. L. Wilson has resigned the Presidency Of the
Marietta and Cincinnati Railroad Company The
Directors have elected Mr. VIM. p. Cutler President,
ard Mr. Beman Gates V. President aud Superintendent.
The Anthracite Coal trade in the Schuylkin Coal
region is still suffering from the recent difficulties had
with the boatmen the canal and with some of the
employees on the road. Both these difficulties are
adjusted, in fair way to be soon. Ths Lshigh
region continues good busiress, the Lebiga Valley
Railroad steaiiy enareiDg on its last years business,
and the Navigation falling off little on the correspond
ing week business lat year.
The Reading Railroad brought down %, 3i3 tuns for
the week and previously this year COZ ,l65, against
80 GA for the corresponding period of lsst year. the
Schuylki Navigation for the week, p, 20 tuns; and
previously this year, 2 lOe against $50 3l5 last year.
AT Philadelphia the money msrke. is abundsntly
suppled with capital and prime business paper con
tinues scarce and wanted at ) a6 T. cent T. annum
choice names passing al the former figures.
Tie Bank Of North Carolina, with its branches, re-
sumed specie payment on the let inst.
Tie Cincinnati Gazette s.ys:
The money market, since the date of our last
weekly review has continued quite easy. Currency
he's bee in large supply, and the offerings for dis
count have been comparatively moderate. Ali the
good paper offered has been taken at rates of interest
ing from TO IL per cent, and at these figures
the regular course Of transactions loans are some
times ade as low as 8 per cent prime ndorsed
paper and cali loans are generally obtsnable at per
cent.
1.-THE market for Eastern Exchange has continued
dull but there being no disposition TO press sales
prices have not declined. The offerings of prvats
checks have been small. but the demand for remit.
lance has not been equal TO the supply the hands of
dealers. The buying rates are . premium, and tae
selling price premium.