New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-07-28

si875O,l66 The shipment of specie tomorrow will
exceed a million and half, including 100000 in
silver. The Lamar Insurance Company has declared
a ,emi-annusl dividend of y cent, payable on de-
msuo The new v cent Treasury Notes sold to-day
at cent premium. There is, perhaps little hard
,nirg of the money market but the change is not i'm
portapt. Some of the Banks decline to lend below
y cent, but there are others looking for employment
for their surplus funds at v cent. From private
captaists bankers, &C., the current rate is y cent
Oh leading collsterals AS the progresses, aud
TIE cotton as well as grain and other crops begin to
move in large masses, we must, OF course,
look for a more active money market, but
no one that we meet in our daily rounds anticipates
any strngency during the Autumn, or anything over
legal rates Of interest. Boston is getting out OF our
debt and we not receiving 80 much gold from that
quarter. large amount Of Boston circulation money
having been sent out West, to buy wool and other
products with, is now finding its way back again,
mostly to New-York, and this has increased the bal
snces against the former city.
On and after the 18th Of August rates on the East
ern.boupd Railroad freighs from Chicago are to be
advanced but to what extent is not yet determined
ee passes to shippers also TO be done away with
Tire meeting of Presidents is being held at Sara ogato-
day, to arrange schedule of rates. which, although
there is little unpleasant feeling existing it is believed
will r, stlt tremendously.
On Wedne sday, the Potsdam and Watertown Rail-
road was sold under foreclosure of the second mort
gage by the Sheriff of Jefferson County, for the sum of
100000. The purchaser was the Watertown and
Rene Railroad Company, who had already become
the owners of the second mortgage bonds, account
of hich the sale was made. The road is sold subject
to the first mortgage of $500 which is guaranteed
by the purchaser. The Albany atlas says:
"Tle watsOwn and Rome Company = now the owner Of
line 7S miles Of road ,o ksns 70 SsRs
near Posdsm by the construction Of II miles OF road which,
By an &C. Of & $ hi
bring by way this road and the Centr. nearly all
from Pre,cott opposite Osdsnsburgh 20 Ottawa the capital =
The csnsd. hu sonsIr an npsSRn; lin line We he's,
this link likely to cooperate to build atsn early day.
The Cincinnati Gazette says in relation to the Co
lumbus and Xenis Railroad:
1.-THE floating debt and only debt Of the Company about
500 600 which in bonds all of which falls due In 1850
to cent bonds secured drst mortgage payable IN
1880 meet The and the Hosting debt sa
and the whole issue il limited $500 600 This amount
actually needed or y probably be used but g
Tectors deemed It eIpedieht to adopt that amount"
The Baltimore Sun says that proceedings have been
instituted in the United States District Court in the
names of one or two private stockholders of the Bs
more and Ohio Road, residents outside Of the State
with the view of procuring farther injunction upon
III balance Of the dividend lot yet paid out. The
Judge Giles) being absent, has fixed the ease for
hearing on the 18Th of August and notice having been
seryed to this effect, the Company suspend further
payment of interest issue OF scrip until the hearing
is had.
The Chicago Press of Wednesday reports:
During Last week. quite large quantity Of rain has fallen
ard on Friday last very visited almost the entire
ard northern portions the st.te but with tho efcep
ton Of places crops have suffered damage The far
e are all busy wheat eats and barley and the de-
ye,e, Of corn haze In consequence been light The quality OF
The aunr wheat been excellent aud the yield
rood the recent rains have been OF great
Its asseipg out Ia parts Of Wisconsin
and Northern Illinois.
The receipts and shipments nour aud grain during the past
week were as follows: