New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-12-10

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John McClaye has sold three lots north side Of
lOsthst. rs feet east Of 5th-av., and three lots
south side Of lO9th-s directly in rear OF above being
six lots. 20l0 front and rear and half the block IN
depth. for = $50 The lots reported yesterday on
SHAY ard 42d-s should have read south east corner
instead OF southwest corner. Messrs. Raynor s.
Blackwell have sold lots, north side of lsth-st,
Il3 feet west of Avenue A. at $3.50 lot; also, fcur
lots north eide Of l4thst rs feet Of stav at
1875 p oi also two lots north side of ll5th-st l95
feet east of lst-ay with CORES in the rear, at s125 y
lot: also one lot east side OF Sh-av, between 10th
and ll6th.ts l6s in 'front.' lO feet in DEPTH and 4S9
across the rear for 81 $50. f. IL. Ludlow & Co. sold
at private sale ots on jthav. northeast corner 9Sth-
St. and four lots adjoining in the rear, for S215Oo
one lot southwest corner sthay. and ll7hst 2SXOO
l,45O.
TIE business of the Clearing. House was SIS, 36OOO
On demand the supply of money at 8 or y cent, Is
more abundant to-day, and the stock houses easily
snruIed their wants One or two Of the large banks
wee free lenders being in funds from recent large
change operations. PAPER Is without change Of im-
portance but if anything passes more freely and Is IN
moderate supply at or cent according to maturi.
~. The agents here Of the Fort Wayne aud Cal-
oago Road have 10 information in regard to the APP
pointment Of Receiver of that Road excepting such
as is conyeyes in the dispatch printed this morning
Mr. Thompson, the President Of the Road
has gone West TO Look after the matter.
Ii will not probably interfere with the carry
ing out Of bis scheme Of reorganization, and such step
as the one alluded to eontem plated as natural
consequence of the condition OF the COmpanys
finances. Another receiyership is announced to-day.
Mr. James Robb of New Orleans and Cbas. Congdon of
New-York hsve been appointed Receivers of the Chi
cago Alton and St. Louis Road at the suit Of the first
and second mortgage bOndhoders. We slated some
time since that Mr. Potter the agent Of the Land Grant
bonnhoders OF the La Crosse Road had taken prelui
nary steps to forecose that mortgage We now
learn from Milwaukee that bill has been hled
in the United States Court for that parpose.
The mortgage is for 100000, but the Company
never received, probably, more than q, 100000
A the proceeds of the whole issue. The last issue OF
these bonds was made at 80 the contractor for build
ING the Western end of the road. They first
lien only upon the leo miles from Portage to La
Crosse, which end of the road, we understand, does
not pay the cost of operating The mortgage also
covers the lands donated by the State TO aid in building
this road but these lands have been transferred
to the Company, the requirements Of the Grant
never having been fulfilled. The Detroit and Milwau-
kee Railroad Company propose 20 make an issue OF ~
p cent Preference shares in liquidation Of its floating
debt and for other proposes. The Great Western Road
Of Canada propose to take these shares IN payment OF
the G250, eco advanced by that Company.
The New-Jersey Zinc Company has declared a semi
annual dividend of 2 cent the preferred, and the
same rate on the common stock beside leaving an in
crease TO the surplus on hand
The Managers OF the Rockford and Kenosha Road
say:
1.-THE Kenosha and Rockford Road did not originate
or desire entering into any such runous rivalry AS that
now existing and ready 20 establish paying rates.
but should The Galena Road persist In their Yndctve
course tie Kenosha and Rockford Road is in good or
der free from floating debt and is able and willing to
carry on the competition long II VIII suit the tenn
per and the pockets Of the stockholders OF the Gaena
Road"
We alluded come days since to a case between
Meesrs. De Launay, Isein & Clarke and Mr. Edwin
Bartlett which had before the Board OF Brokers.
As the case has excited good deal OF interest and
discussion in the street ana at the Clubs, We annex
copy Of letter addressed by Mr. Bartlett to the Stock
Board, and reply from Messrs. DE Launay, lselin 81
Clarke:
Nxw. YeaK Nov. so 1854
wnLIAS r. NELSON EseDeqy siy On my return to the
pted by order Of The Board ofBrokeTs containing the
tort of a tee Of which you are Chairman in rson
hi TO lie e1psrte statement Messrs De Launsy
eln Cake, present the following the oree (which vii
M to be appreciated 10th by the intelligent Gentlemen oil
the Board Of BROKERS aud by the community at large
Mess De Laapsy, lsein Clarke MAKE against claim
witch both myself aud NY friends believe has Foundation
either 10 equity honor 70 greater eK
n i bs thus fsr s not MEMBER Of the Board Bokersi
receiy paid stock difference Mess DE ag
possession material the merits dement's Of their claim
against me- and 20 which advised that was entitled BY
10
M Barlow 1911 and 2oth April last written at my re-
guest sAing i3' naIS,n ss ssS %s57 Tbs 5k lad
Ia, power eenpethe production Of evidence This With
ay declining 70 before the Stock Board for IT. de-
AZ very late period in the procee ding for the hr time It "a
iu sted that hey could not enforce Their claim az % on &C.
800 sr tsnSorg tbrr deeaed intention 70 tTing suit Ia
which should most gladly have met them and IT. upon ann
Would sros T Fs1 IL TIE would
have sved myself Of the stoekJoooing act a. defense one
excite only smile II Incredibly those 20 whom have
ths honor 10 he knosn without necessity Of taking any
debaT ai Of honor from shielding himself behind such de-
use such act my pa would be one Of social suicide
is ny purpose here 70 enter into diseussion Of
tie upon ii, merits u the sssenee Of evidence
Tisbt 90 them Injustice BY assuming the facts to De-
y' ,Sa 70 1sts s 's e 81 Of whh Is saa arose
rendered TO me IN any form, and that not~tn-
ya .ss 'riI am ready ~ to ssemSy Mes De Lao
nav Isn CLARKE on learning actually paid By them
GtinVlIr~l on ~ seeonnf bot tina. an unwilling allow
hen snry By reason their insolvency 20 De transformed
praepai' in 4nsHeiion where IN realty they are e9nt
500 where AZ most they are entitled 70 boLer
In conclusion therefore haze only 70 ssy 70 yourself sne q
those ho have read the * pse statement Of De LaIaay isen
tunty Ct their lain IN eya tribunal tha. nave
that impeachment underhe stock
OF this mode their claim and resort rather 70 the cir
eaon cf pamphlet their pArse statement Of the
VIII my friends sSvss me not to ssbuds osad then form
| '0i - FbW1N BARTLETT