New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-01-19

The following Is an extract IRON tue CHcuiar oi
Mare Kanz:
Snce our advicss Of the 4th inst haa slightly in
creased Gcti,, the ssok market But the general pubic,
ops or the fortnight very irregular Tie resllt Of
the oysmen being .sht decline on sewers. The e.oins
ard Bones state stocss doubtless .dc.ei by tee sp-
pIosh sws S toe a asa ?. s s ~ %
Erie securities and Reading shsI' the chief advance
and New Yorl Central The Money muk.t remain. in
about the dsie Of our last Crcula.
Of ooDsersbe Increase Of business A. compared with The
Our last s.vice. tom Europe the Is; inst y N.yar.
sT.rs s1ocss-Scms descriptions lower .,ne srner
Missouri, have declined Tennessee. California 70 II cent.
Sshs North Csr.,s ohio e. isSO s.s. 3 ie, 4lt do
ls uni:ss ste,e. s.. 1874 .'. =. ct. II. previous price
seeure, transactions have been urmportant Some OCo
ST. Louis City Bobds have changed hsnf former prices
vance MenI, CIT, guaranteed BY the st.t- 6sye Also N
proved - There tsvs been anal sale. Of Louis.
vile San francisco lee aud AbAoy &c without ea.se prices
THE Ia CROSSE AND MILWAUKEE, RAILROAD.
To the Editor Of TIE n. T. Tyi6uaa
SIR: Within the past week, appsrestly earnest in
quires have been made rs to proceedings by the
Trustee to fOrecose tie third mortgage uoou the La
Crosse ard Mil~ ankee Railroad; also as to sale Of
third mort ysge bonds TO pay note Of so COO gwen
to Selah Chamberlain the contractor mad A. reed
TO build the rosd from the junction 20 La Crosse A
mlles, for 81 $4,000 IN land grant bonds. Uoon
settlement With hin on the 5th August last Tor the
estimate Of his work 70 tbat time, the sun of g.. 900
was found due to him. Toe price Of the boGds mad
fallen u twerty per cent In consequences of toe failure
10 pay the August iLtereet. The road still
h,m tso to three moGths expensive work 81 the tun
nel al La Crosse to complete its construction. Mr.
Chamberlain required payment sgr,eeoy to his cor
tract third mortgage upon tue whole hne Of the
road had been executed of E. 90 COO for the purpose
OF funding the interest mortgsge bouds settle with
Judgment creditors and pay debts which hung over
tie Company. The Directors, After much pezot; aaon
with Mr. Chamberlain, induced bin t. take the poSe
Of the Company for 81 oeJ, payable IN four months
with $itO Ot0 ihid mortgage bonds IS Collateral ssd
70 complete the rosa BY the Eth October - to seear.
r. fs tHsSs, PeyoG, 70 tie eioss Of the
CT the si.sPp the Lake., bs rssatas
70 complete the r0si 1aiIi la January, use.
Aeout Tie tne OF he COMPLETION u the road neglsioa
app, Paii 81 TIE e.rnss q tie rosd {, the payment q th
note. secuted BY tie i.t>r,.t en- susa
:. tn- thira uoEssse' bonds tad beea nso 1ei
Se iftfct rpon the laatEr eeh.s for
night q way noTt.A frny .ad
Assee s1peusts which f.sorasly en;ert. Led by
ans h. sgreed the Eoart
aIs1s Eent Cpn taking sdree Of b. oo.nse h.-ser
lie foapa ss could into such Al Ak
forfeiture Of he ease and therefore Ibsouey a.ciued n
twee exfenct5 The the CT CT I'll The
January list Enu. 70 s..e TIE mona bo,s II
WBcorsn and 10 this ststs, bot ,ucc-.a Noue cold
Be iorrd who regarded The third oftgxe bonds A r. BE
security be resut sale Of the the paw Of
satisfied that bon6s b, hai by
creditor within s1y r-s'onSh. time, interest,"
Eske loan a1d redeem binds he .ep-ds Il the Com
ysIy. ut;rE of The oectors called lsa fus
ard peSogs tie tsle .! ths bonds kard OF
t1y q this Of s- Of the bouGs vss brourat
tefsfe them and fully ccnssd and vt
Cvrys-y and st1sn ~,ss nae i1e.vi..ly sac s!
keDsf &c ~. Lave ~ e~ n-de he hs4i efI ge4er