New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-06-21

Atlantic Bank. The Broadway Bank viii psy OF the
lst pro1imo, semiapnus dividend Of y cent. The
Directors Of the Republic Fire Insurance. Company
have given notice thst the script issue O. the Az 'olr
year, amounting 10 l05! = cent is ready for delivery,
and the interest thereon payable in cish IN demand.
s. Diapers daily auction ssle Of conds and stocks
will take place Monday next, at l2i o'clock at the
Merchants Exchange.
Albert ii. Nicolay's regular auction sale Of stocks
end bonds VIII take place Monday mex, g. l2l O'Clock,
at the Merchants Exchange.
The North Star to.dsy took out s6, 30 in specie.
A dispatch to the Associated Press ssys:
BALTIMORE, June l9.--rhe American B2nk,
which lately opened here under doubtful crcum,
s.arces, cOsed it's doors this morning. II IL srpposed
70 have considerable circulation IN the West. It's
fuDds have All been drawn from the Bank OF C1m-
merce, Of Baltimore
This Is sufficient commentary upon the snrexsd
iensrt letter received by Messrs. Thompson Broth
ers Of this city.
AMERICAN B,Sg, BALTIMORE, June II. 1874
Mesars THosPsos Bios Dear Sys: s'tonshed your
pesunr bsnk my explicit message you
ie TO the American Bas il zoo. ae ezra :ia sail
pose 20 II jure moneycd institution.
You viii Growers Reporter Of city which is
rected by the w.Lknown house Josiah quotes
aId also notices the miserable attacks mad upon 10 hon
You win ssree with me that Messr. Lee Co ought 70 be
quite well qualified to judge of standing parties di''An.
you desire T. open our GCeSHn scS .
able u Judge Of business aud ability
Trusting will give to do US justice in the
'''D' JAMES JEFFERY, President.
Geographic dispatch from the West, referring to
the damage by the food to Cairo, says
"The assessed value OF the property in 49, was
nearly 81 000 0t0 but ths conveys distinct idea OF
the actual loss of capital of loss sustain ed by the
Illinois Central Railroad Company in actual improve
ments in Cairo"
There is a mistake in confoundng the Illinois Cen
tIal Railroad Company with the city and interests.
TIE Company own no buildings or other improve
ments in Cairo. Their depot bulldog was burned in
November last, snd has never been rebuilt BY con-
tract with the Trustees Of Cairo City the Company
engaged to construct certain embankments or levees
These were completed according to contract, and the
work accepted in writing by the Trustees. Those
levees on the Mississippi River and the cross levee
frem the Mississippi to the Ohio, have given way in
one or more places Of course to what extent cannot
be known until the waters subside. The Company
have no advice although they have received dis
patches up to this date that any part of the embank-
ment on which the railroad is constructed has been ds
turbed. The trains to Mound City, which has but
three feet Of water it, and approach within six
hundred yards of the station
The qusrIies of the Albert Ffeestone Company the
advertisement of which appears in another column are
situated in the Province Of New Brunswick, and are
estimated to contain upward Of 2OOOO,OOO Of tuns of
stone above water level similar in color to the new
American Exchange Bank, Continental Bank, The
Times building the First Presbyterian Church lBat-
more, Pennsylvania Railroad Offices Philadelphia
and $50 other buildings in New-York, Baltimore and
Philadelphia. The qusnes have had &l5O,OOO ex-
pended upon them thst O,OOO to 90 600 tuns may
be delivered annually. They are in frstrate working
ORDER having been furnished with two stasm engines
fifteen craLes machinery, railways Gil heedlui toos
and appliances There houses Tor 2OO men, beside
manager house. boarding and dwelling houses, stores
&c. The cost of quanyag and delivery on board OF
vessels is 81 50 = tun; freight to New-York, &c,
s. to SO So other expenses 81 making s. 80 TO 81,
while the figure at.anabe is about $4,000, showing
profit of 800 600 + for business Of % 900
tunt. The headquarters of the Company are now In
this city, and their officers as follows: Directors
John Travers, Joseph Fowler NJ. Dudley Bean, VIII
liam H. Duncan, Charles f. Anderson, S. p. Dins-
more, George E. Cook and Henry V. Poor Executive
Committee ohm Travers esq, President; Charles
T.. Anderson, esq, Vice-President; Joseph Fowler,
esq, Treasurer Samuel p. Dinsmore, Secretary.
Msnage Capt. Geo. Lang, Harvey, New-Bruswick
The capital stock lie 0O0OOO in shares OF $40 EACH
Ire estimated sales OF stone of the present year reach
% eco tuns which, if the calculation OF cost OF the
mansgers should prove correct will give SlOO,oOO =
annum profit In regard to the quality and quantity OF
the stone, the statement of Dr. ChaIes 7. Jackson,
the eminent geologist OF Boston, is conclusive He
says:
Every facility thst could be desired is afforded in
the situation of these quarres and know OF no local
ty on the Atlantic cOast where good Duldlng stone
can he 20 readily ard chespy obtained. The surfaces
of this reestore ages expo ed 10 the wesher hsve
pe,fsc withstood the action of water and frost as
well as of salt thrown on the exposed Guns py ths
surg s of the Bay of Fundy Experiments by my friend
Frarcis Alger esq, fully establish its Gurabity ana
resistance 10 the usua causes of disntegraon. Inc
stone prope ry selected and matched retains It's org
nal uniformity of color. These are capital facts IN
favor Of the freesone. Msrys Island consists wholly
of this stone it is nearly mile long by hall mile
wide il may safely be estimated that 800 millions
cubic feet NAV be obsined, ard this at Ii feet TO the
tun will give twenty (20) millions Of tuDs.'
The Albert Freestone Company now furnishing
or in negotiation for furnishing their stone for the fol-
lowing buildings: Baltimore, church, two large ware
houses four stores and several dwelling houses; Abs
nv. dveIlipg.ho Annapolis State Hall of Records;
BROOKLYN church and three dwelling houses George
town. four houses; New-York, tweLty-One buildings
of different kinda; Oedensburgh, Custom-House aud
Post Office Portland City Hall and State Capitol;
Philadelphia. hotel aud several stores; Jersey City,
bank hotel and stores; st. John, n. Catholic Ca
thedrs City Savings Bank, and hotel; Halifax, n.
s.. bank, barracks chapel and other buildings. The
cemetery on Long Island the cemetery at baltimore.
The Hudson River Road has reduced the night fare
to Albany TO g. order to compete with the boats on
the River.
The business of the Clearinghouse to-day was
AIS OIL. 900. The Metropolitan Certificates show no
Ia