New-York daily tribune., 1861-07-16

brings the following specie:
Lenhon Ges.or 100 ooc francs; s.urses Clssrmsn Co..
1865: W. Schal Co.. 923o, p Morgan. 10000 soyer'
W. Schail Co, 81 Oooi SutOhard Gebhard, $250Oo.
The cutthroat competition for freight between the
Galena and Illinois Central Railroad and the Wiscon-
sin Road. has been abandoned. At Convention, held
last week at Milwaukee, where the Illinois Central,
Galena and Chicago, Chicago and North Western, Mil
waukee and Prairie du Chen, and La Crosse and Mil
waukee Railroads, and the Gslena, Dunleith and Min
ard Davidson packet lines were represented, it
was agreed that and after the 18th inst, wheat
freights from river points to Chicago or Milwaukee
should be l2 cents bushe and that the practice Of
Issuing Iasses giving drawbacks, &C., for the purpose
of influencing traffic from competing points, shall be
Discontinued, and that all passes In force, Issued
for that purpose, snall be revoked
We caunot hear that the Underwriters have taken
any definite action upon the subject of rates since the
advees received of large captures by Confederate
pirates. meeting upon the subject to have been
held to-day.
At the annual meeting Of the Atlantic and Great
Western Railroad Company, held at Ravenna on the
9Th inst. it was stated that Mr.. Doolittle, the con-
tractor, having died. new contract bad been
made with James N Henry Of England, BY which the
Company agree to pay him stated sum per mile for
the construction and equipment Of the entire road to
Dayton IN king reductions per estimate provided for,
for work already DONE Two-thirds of this stc be paid
in lot mortgage bonds and oDe-thrd in I'd mortgage
bonds or stock at the option Of the contractor The
report Gays:
The contractor Is bound to proceed with diligence
10 complete this work. and provision Is made Tor IT'S
completion to Akron Gall on, and Dayton, success
lively.
The work, under the new arrangement, was entered
upon June ], and is now in course OF prosecution
Some apprehension has been felt on account OF the
effect of the Confederate rebellion, in deterriDg capital
isis abroad from such an investment; and any serious
Misunderstanding with England, eueh az mlght have
been occa ned by recognizing the Southern Confeder
aey ould doo ties, we caused suspension OF bus-
ness rea,ons with the contractor large portion OF
the contracts bave been assigned to Mr.. Salamanca OF
Sp in Enie confidence sDow felt that the contracts
will be performed according TO their tenor, and the en-
tire work ia spte of circumstances which have
seened nd erse will be lifted 10 able time.
Letes received by the Africa last week, give.aa-
suance that there will be no interruption OF remit
tances for the work.
About 10 mil remain 10 be completed between Sun
bury Junction and 0nngevile, on the line of Trun-
bull County.
Mr. Ke1nard the Engineer, was not present, hay-
ing been detained in New-York.
The following named gentlemen were elected
Directors for the ensuing year: M. Kent, William
Reynolds, John Dicks, Gaylord Church, Seth Hayes,
y. w. Seymour, f. B. Taylor j. IL. Chamberlain,
Peter Thatcher r, I. /. s. Smith, j. Riblet William
Bushnell, 1. Grail.
The Directors subsequently, reelected sl. hent,
President and Messrs Kent, Reynolds, Church, Tay-
To- and Chamberlain. Executive Committee; +. w.
Seymour, Secretary; and E. p. Brainard, Treasurer
The Commercial gives The annexed table arranged
from returns received from tie banking department
which compares the amount Of securities held for cir
cuatng notes on the lst Of April and ls July Of the
resen, year. and Of the let Of July, 1857 and 1861
with he amount of circulation at each Of those dates