New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-02-20

I , Observation-Disclosures: 3 e
s. Diapers semi-monthly circular can be obtained az
his office, No. SO Pine street. 1t contains the latest
Stock and Bond quotations together with other matters
of financial interest.
Messrs. Raynor e. Blackwell have sold four lois
southeast corner of 10Th st. and 2dav ea;h $50 feet
front and rear, by 100 feet in depth for 81 oO y lot.
Also seven lots on the rear, fronting 19hst, each 2ox
1922 IT,, at $1,000 Y lot; III lots in all for si2ooo'
They also report the sale Of four lots south eide OF ID
st $50 f. west Of 3d-av., each 25xlOO at lou each'
At late meeting of the English Geographical Soce
ty a number of distne aished literary and scientific
men being in attendance, paper was read from Mr.
VIM. Wheehight, an American who has been Tor u
long time engaged in building railroads in South Amer
ic in which he expresses the opinion that the Andes
might be crossed by railroad, thus making line from
the Pacific TO Rosario, via Cordova, distance Of 100
mica The route bas been carefully explored, the
elevations fixed by baromerical measurement aud the
Pass OF San Francisco sseeFtaned 10 be blocked
by snow travellers crossing il all The an-
,hor is of opinion that the construction of such rail-
way, though difficult, is practicable, and the advan-
ages thai would accrue by opening up the South
American States TO commerce, the Rio de La Plata be-
ing navigabe 10 the foot of Rosario for vessels draw
ing 10 feet of water, would be immense. The South
American States are 60 fully alive 10 the advantages
they win derive from the execution Of this project thar
the Argentine Republic has offered fres grant Of
land, FIVE miles in breadth, either side of the rail-
way. Admiral Ftzroy ard others expressed their
confidence in Mr.. Wbeelwrsht and believed the
project practicable Mr.. WheewIieht, in constructing
railroads in South America has used gradients OF l52
and go feet per mile and carried them to elevation
Of e 6n0 fat ahova tha lavel of the eea.
The Arabia brings datesto the 4th inst. With regurd
to American stocks Sstlerthwate says:
Since have had tight time for money. The
bank hs. raised its rate Of discount g cent, Tn PROMPT
dence in the stock Eschsnge and Conso which had declined
% nave ..n n, bs enbnceS value Of
money quotations remain very stationary Although there
lv,sened demand o. tine absence Of pres
SIRE Of stock for ae II is unders,ood the: the ca Of
Inner. ,hses hS been rsa Il 1as Ice mere on 'O''
Barring Brothers say:
United States 81 Bonds are offered 9 Massachusetts SIS
Sterling at Hi MARYLAND do at w. Kentucky ts wanted a
Virginia sellers at g. In Railroad Securities no movement Tine
The Economia of the 18th remarks;
tits rarely tina. sudden change has occurred in The
money market during the present week Referen made
Of the bullion drain would rise in the Bank rate Of dis
81 oeE II not beyond during the present week Tbs
addition 9l50o00 taken from the Bank Thursday and
si96tCg Friday, 8lSoco was withdIAwn on saturday
perceived DO inevitable, ard Aona4y decided
discount establishments foreseepg impending atrnsency and
se In the rates much anxious to cal IN than 20 lend
out money whe The mercantile public were ipeed ey sim
sf cou.id. apply for large amoun.o accommodation
Dung Monday too he disturbance extended to The stock
Exchange the Bank Of England and other banEe throwing
large quantities Government securities upon the market for
Sfcs Ihs Of int a. Ss1 Sc I SsS U ss
haps been already too long delayed At eleven O'Clock on
Bank notified that the had been raised
from to cent This vigorous step was received with SEN
protection Of tLs bullion demand . more stringent asSsae.
cy would be adopted without the slightest hesitation The
INN ediate effect nevertheless great though only TEN.
porary agitation, In the diicoun market which reached is
climax on wednesday The position OF Affairs on mat dsy waa
extraordinarily disorsanized IL only by knd Of favor
that In most OF the ordinary channels bs could De negotiated
The Lombdstree discount houses were occupied preparing
withheld altogether except 10 regular clients
in the country whose mtg be seriously compounded
by the refusal
las 1t was numerous parcels OF bills retained to the
provinces Paper good having than three months
10 could scarcely ind takers The pressure for money At
The eak On Wednesday consequently attained degree OF In
tensiy which has not been witnessed for mouths Nearly
the mole money business Of the market was turned upon the
fear thar eah advance in the bank might be decided
upon On IhgIsday efieidsyl Had the applicants continued
they weld probably brought about realization their
apeheno ieeFday and TO day there has been marked
caused an Immediate Improvement There now In all quar-
below te bans minimum and many discOuners stu
Giant to transact heh business that they demand more than
deuli-s feature whe9 operates 70 the seroa prejudice Of
neyeIa important branches fade il hoped that the market
wal become eeier amer to morrow lthe Athl.
ph9 dstpiSaeea experienced throughout the week odg
rating IN the Bullion drain have unquetionaby been greatly
pfooed by the re,cons under which the Lombard street
other money dealers e With the approach pres
they compelled to eau In all their rapidly a.
puthe, since they that the Bank Of England declined 70
Afford them an assistance no matter how good may be the
riuei which they msy ofef.
The afhes. OF the money make, has given important
liauN Of geld On Monday 10000 taken nom the
poratoni on Ilesday 10000; "Wednesday,
Ihmsday, AIa00Oj and this day, aH Tho oeand Of gold
og The Continent 20 day lngd but Il Is not imp lssble
partial rcyai may long be Witnessed n s probable
.oesYrr that ie tightening OF the money market here nay
fect the American exchange In favorable this
~ and cAea has been already given the DIAM ~ tie Last