New-York daily tribune., 1859-08-06

chang. N rs Ere. 6ency aud other matters ba: the
! rain prevented qlofum. Al the meeting yesterday
resolution reducing .he salary OF the Presden' 10
$500 We. adopted, bu; it af,erward reconsid-
cred, and tho amount nxed At $So0o. The ANNEXED
sts,enen, in regard to the Receiverhp prepared
by the counsel OF the Company;
On Thursday jldsnsn, recovered asaE. The Ssv
bond, ard execution iss- the me day ohe, we're
p pdis IN which the SAINT qn.ss, w-. Bvolved Ana be-
rT,y Il The corporation snd hold ,oe, the or rcorrsnIon
mus; es taken At once isqnis'a y heher'
trustees Of the fourth and 6ih mortgages 20 proceed nnnedi
sey for foreclosure and the ,ppniIISenI tn Of s s' lss
psu: wa. for n all the morss<es and pssynsor
sece ana s % ~ % rn
the road ami Tia. osrsvr and the interest on soa
other a 5 The . s .s p !sss Sy Ss.
Ma-n Norwich ~ Chenanso County oa Taesdsy of inc
p.u, Tsi. viii nos asss.ary or probably in
,,ruc,iou the interests IN the property 'ubssqaeut 20
the capital Erie Railroad i BE- done BY ua'us are
better thai. by ,sAon While the parties are oAhae
BY Court Bu the holders OF the Erie stock and
are v h s ,n ps:s : su.ss 10
the custody Of lis o~nefs'
1t is supposed that two or three weeks will elaPse
before Receiver viii be named, and in the meantime
arrangements may possibly be concluded which viii
obvste the necessity of one Certainly If Receiver
is TO be named within two or three weeks who will
supersede the present officers and Directors, it ap
pears to be child play to BE- reoganzng salaries and
making new officers for such short period. Such .
step if taken year two ago, might possibly have
saved the Erie Company from the present crisis at
all events the same result would have been arrived
al, at a much smaller cost.
The business of the Clearing House to-day was
SIS, $500. The Lorillard Fire Insurance Company
has declared semi. annual dividend of eight cent,
payable on demand The Citizens Bank four Y cent,
payable on 18th inst.
A meeting Of the holders of first mortgage bonds Of
the Milwaukee and Horizon Railroad Company was
recently called hear the report Of the Committee
sent % Wisconsin investigate its affairs. The report
is full, and carefully written, but too lengthy for pubi-
cation in our columns Its substance is that the road
is somewhat out Of repair, and the finances Of the Com
pany greatly embarrassed. The whole property had
been assigned to Jasper Viet, Director, and Of
the projectors of the enterprise to prevent
lis sale under execution. Mr.. Viet proposed TO the
Committee that if the bondhoders would refrain from
orecosng he would transfer TO them the Of 900
in cash. which he holds, render monthly account Of
earnings and pay the net sum to their duly appointed
agent. He would also permit the agent to have daily
access 70 the books, sc. The bondholders were di'
vided in opinion to the propriety of accepting this
proposition some of them copteuding that it would be
as easy hereafter for the officers of the road to chow
thst there were net earnings as it has been hereto
fore to withhold from the bondbolders the earnings OF
previous years. large part of which had been applied
TO the payment of what the officers term Unsecured
indebtedness" meaning probably, proussory notes Of
the Company. which could have been purchased for
few cents on the dollar. The earnings of the rosd
seem to have been sufficient to have paid regularly as
il accrued the interest the first mortgage bonds,
now nearly two years in and it is believed they
will be larger the coming Fall than they were in any
previous season
There are 237 gaslight companies in the United
States, with capital of $3i, $40 ,46i.
The Chicago Tribune of the Sd says:
During the pas, week Eastern exchange has daily become
more scarce snened till has reached I and in
some " premium. The bAnHs how
ever raised their above cent az which they
supplying their rather sparnsy The falling on In
the dutiDg the mainly
by the speculative which ragged in the cornmske-bss
doubedly contributed toward this state OF Affairs.
and money 10 plenty for all legitimate
the usus bank ates-0 cent
During week. panied record the suspension Of
An old produce house In this city There
other disasters OF similar nature but We arc
pleased announce that they have no foundation. .
The receipts produce during the week fol-
45l5 bbls Flour s2 bush Wheat S. iss bush Corn
H. 23l bnh. Oats 33S4 bush. Rye, us bush Barley
The during the period 32 bbs Flour,
7ss bush Wheat 2I $50 bush Corn 42Sos bush Oats 326
ush. Barley.
The imports and Of Flour and Grain the lst
If January, compare with last year follows;