New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-12-01
f2si co.. s2s p.2Te Goa 7,S4r $50 lsr,OsT,t


Compared with the returbs of tho previous week,
there is an increase of s 3s in oans and decresss
of A. 1876 6ls in specie 81, i2i in circulation and
Al, 96S, 337 in deposits.
Among the notices Of intended applications TO the
Legislature of Now-Jesey at its next session, the
following:
For supplement TO the Charter Of the Belleville
Railroad and Transportation Company, authorizing
them construct their bridge for crossing the Passac
river more than 100 feet north of the present Turnpike
BRIDGE and authorizing increase of the number Of
Directors; for Charter for Horse Railroad from tho
town of Irvngton in the Clinton township to connect
with the New-Jersey Railroad AT the foot OF Market
street in the CITY Of Newark 20 incorporate Horse
Power or Railroad Company in the City OF Newark;
for an act authorizing the construction Of Railroad
from some point at or near the Cny OF New-brnns-
wick in the County Of Mddlesox, to some point IN
/ the township of Milburn, Clinton Orange, with
power TO intersect any railroad now constructed to
be hereafter constructed with capital of 81 900 900;
foe an authorizing the construction of Railroad
from some point in the First Ward of the City Of New
ark 10 point in the township of Orange, to be
used by steam or horse power, or both with capital
Of 100000; for supplement TO the Charter Of tho
HobOken Land and Improvement Company to canss
or procure 10 he constructed, Railroad Roads, Ia
connect TO IIoboken Ferry with the City Of Newark,
with the authority 70 construct Bridges or fiaduets
over the Passac and Hackensack rivers, and also TO
connect with such Road or Roads may DO legally
authorized do; and that for thai purpose The Capsh
Stock Of sad Company be increased 70 an amount not
exceeding 81 10000"
The Boston Post says:
"The indications are that at the close OF tho year.
money will be rather closer than Il has recently BEEN
In Boston, 10 be sure, there ia unfavorabe change
as vet: and, indeed the demand for money il tempo
rarily less than that which has been lately current.
But exchange with New York 10 ruling against this
city, and bank specie has declined 20 less than
five millions. The aggregate cannot be further dimin-
ished any extent, without inducing little
traction which is likely to be increased by the general
az
ments at New York.
f" As before remarked, however, there If no sign
the financial horizon, OF any considerable change to-
ward tghtness of our money market. The probability
IT, indeed that until next Autumn at all events, money
will be exceedingly abundant-too abundant, in fact
on all SORTS of fashionable securities. There is
evidence that the Winter and Spring trade viii DO
much different that Of tho present yearno evil
deuee Of that mighty uprising Of speculation and COM
meFce that may occur, before the money markets Of
the world can be seriously affected.
"In America we are building no railroads, no fac.
toriesare Specializing in large way, and, indeed,
are rather settling down and finding bottom, than
gaging in new enterprises Of pith and moment
Hence, although we are dong large hand 70 mDuth
business and although some leading trades aud inter-
ess are quite hourshng yet the consumption Of what
i called money IL much less than il usually IL. Were
It for the enormous amount Of dead unlqui lated
debt in the community Of renewals and rerencwas of
old notes. do not suppose that the business OF tho
day would consume ons-haf Of the floating credits ef
commercial centeTs.
The Committee Of the seeond mortgage bondholdsrs
Of the williamsport and Elnira Railroad Company
have called meeting Of their constituents, 70 be hold
at Philadelphia. The object Of the call Is understood
70 be 10 repor. proeeedngs, and in particular the
terms of proposition made 70 the Conn,ittoe Of tho
first mortgage bondhoders for the reorganization Of
the Company and the adjustment Of this several inter-
est- concerned The Of this proposition said
20 be substantially follows The holders VI the hrst
mortgage bODis TO receive in lieu thereof seven per
cent frz preferred stock to amount equal TO the
principal Of their bonds, and coupons Of 1875 ana S5
The holders OF the second mortgage bonds 20 receive
seven per cent seeond preferred stock in amount equal
20 fifty per cent Of the face Of their bonds and tho
present stockholders TO receive new common s,ock
FOR amount equal TO onefourh OF thar now held oy
theu The FIRST preferred stockholders 10 elect ma
ority Of the Board OF Drecors and thus 20 have tho
control and MANAGEMENT Of the new Company, These,
with liberal provisions for the settlement OF the ecnh
Dental and unsecured debt, arc reported ~ be tbs
| Leading features Of The proPosed arrangement.
! The Pksz0del1kia Ledger thus speaks Of The new
eounterfeit On the Philadelphia Bank:
The discovery yesterday morning Of new and we'll
executed counterfeit 800 and $50 blls the Phia-
dslphia Bank and that several Of banks, includ-
ing the Philadelphia Bank ITSELF had been yietimizsd
70 large amounts created quite excitement on Third
street and among bank note dealers generally. clerk
N the private clearinghouse OF Drexsl * Co. brosgh.
10 this Office Of each Of tho c0unterfeits being
part OF remittance Of s. 900 from their correspondent
a. Ne~-York. The house had made is usual morning
deposit 81 hank, and before information received
here OF the existence Of sach counterfeits. Inmeo-
ately, however, learning tai there were counter.
fets ont OF the description named, Mr.. Drsze esaed
a. the bank aud their bundle OF potee lei lof oe-
poat being unbroken-the bank clerk nc. yet having
had tine TO count tbem-ii was exami.eo' soa every
bill OF the entire remiiiaSfs 81 rovw b"n1 Son
found to be eonpterfet Mr. Dsexofs eonespondens
we undersSand, knows rom Sne1 nc 'eS ne
bills. and not from one Of the esnks there, which,