New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-01-06

The demand for money was very active this morn
ing with a restricted supply, but after o'clock there
was marked relief, and good securities loans could
be made with more than for week past. The i'm
preston appeared be that have the worst of
this sudden spasm for the present. We still think
however, that it viii be nearly the lst Of February be-
fore the large accumustions of the frat of January
will have circulated through the of trade and
reached sgain the reservoirs from which loans
made. The discount houses also feel better demand
for paper, and have began again TO make sales. We
ear of nothing below cent. and frs-class sigma
lures have been passed at $40 cent. Demand loans
are v cent.
The business Of the Clearing House to-day was
500 65i. The time for asserting to the reorganiz
scheme of the Erie Road has been extended to the
Let of February The Company intend TO apply TO the
Legislature for an amendment TO their charter. The
coinage of the Philadelphia Mint in December only
$25l $40, of which 81, $50 was silver.
In relation to the recent arrangement at Philadelphia
Of the Receiversbip question of the Fort Wayne and
Chicago Road, The North American says:
"The meeting of the Board Of Directors of the Pittsburgh
Fort Wayne and Chicago Railroad with the committee OF the
al the La Pierre House in this city closed its abors on Monday
night Of this week The conclusion satsfacor 20 all the
he which the issue between the bOndhOders
which either
the late action Of the bondhoders and appointment Of
csiyer Cleveland Ohio The & mAtued and
euded between the parties aided both sides with able legal
counsel but awaits the formal examination and approval Of the
counselor In Cleveland who conducted the proceedings In that
city In behalf Of the bonSbodes and who present In
this city dpring the confer
We understand that the provisions Of this adjustment
highly honorable 10 ali the parties concemed that provision has
be- made for the payment aud running
penfes othe The payment the debts which bonds
%h ssS and 1 and arc
personally liable This relieves the road from risk OF loss by
sacrifice Of Its hypotbecaed securities The adjustment IL such
that o protects the unsecured creditors and the stockholders
from ony sacrifice Of their claims leaving the road TO develop
It's dschuee its obligations to creditors and REIN
those Who have invested their capital ts stocks without
the having It's franchise wresed from them by the action
ofmortgage hondholdeTs
e already Known the public that VIM h. Ogden esq
be Receiver This appointment viii undoubtedly prove
acceptable the friends of the road In the Yves, Ills to
the acting pares II Understood that the superinend
sLcy the road has been rendered 10 railroad official OF gres.
snd avoaby known 10 the public who has long
been nmHicy connected In the management and who
tobay largely interested In the Of the road The
pone has not yet accepted and would not Re proper 70 Ind
the Individual at present more particularly Thus Il vii
be that this important WORK will retain strong and esien
ageuen ard lille the interests Of the finances Of the ROAD
have pro noted the require OF the public generally
who directly interested the prompt aud safe tras
sion Of freight and pasense will be amply provided for We
the gentlemen Of the Board Of Directors aud the
Committee Of the Bondholdet- upon the liberal and enlarge
policy wlch has character and governed their
which win largely rebound their credit aud which angs IA
vorsby for the future prosperity Of the sircad and all It's In
teTefts"
On the 2Sh ull. the Board OF Managers Of the Read
ing Railroad Company issued to the holders OF tho
nortgoge bonds of the Company, due July 1860 tho
following circular, TO VII,
"Tbese bonds seued W the fst norssge the road