New-York daily tribune., 1861-07-18

The Medina Tribune rtates that il is doubtful
whether the depositon Of the Medina Bank viii re-
csivs more than 25 cents on the dollar.
Tie Montreal Gazette says that the resignation Of
the local directors Of tho Grand Trunk Railway has
been accepted aud that two commissioners their
way manage the road and to look after .hs interests
Of the company.
The CinciHaaa Commercial says:
Buinees in general seems 20 have assumed rather
moro seful Alpect during The week, and greater
degree OF confidence Is manifested, IN the hope that
the prostraton Of ttde has reached and passed its
lowest level. There was falling OF In the demand
FOR money on Saturday, as compared with Thursday
and Friday. Otherwise there was no change. Rates
on good % day paper remaIn at lOaa eest, eau
Money Ia plepty. The querion OF putting Kentucky
currency at par Is beginning to bs agiiated.
At Chicago Tie Tribune says,
Nothing has occurred during tbe day 20 vary the
duh routine which seems to have taken possession Of
the Gnancsl affairs OF the city. The opening OF the
Auditors Office on Monday has revived activity IN nm;
be found In our advertising columns. H will DO no.
.iced that owing TO competition among purchasers, and
the ement In the price OF stocks the rates Oh
ourohsse are considerably better. The stuh u eii
poo, enonob. however, and the sooner Il Is oil con.
ysrted INTO money tbe better. There viii be ample
us Tor ali we can command. az soon 80 the new crop
1, ready for market.
At Philadelphia Money conthses 70 DO very easy,
with raies unchanged. The absence Of any general
5s,d for accommodations leaves the business Of dis
counting almost entirely in the hands Of the banss;
most of the tranascors the street are on collateral
st various rates from to y cent.
The contractors of the Troy and Greenfield railroad
have suspended work uPcn 1t, including operations on
the Hoosae tunnel The Hartford Tin'e thus ex'
plains the reason;
The reason Of tho soppage is sad 10 be the action Of
SIR. Whllwel;, the new State Engineer, lately sp-
pointed by Gov. Andrew. Mr.. Wbitwell, II seems ID
Boston man, who has decided npon demanding bet
ter order of work tho road than any thai has OF
been DONE and his terms involve 20 great an additional
coat that the contractors have resolved 10 suspend en-
tirey rather than eand the extra expense The Legis
Lture lsst year voted certain sum for every LOCO
fee, completed Of the tunnel through tie mountain and
also graned s6500O0 for the completion Of tho road
from Greenfield through Shebourne Falls and Charlie
mont TO the mouth OF the tunnel distance Of - miles,
This ann was to DO advanced In proportion az the work
Of excavation progressed under the direction OF the
STATE Engineer Of this san, 4450, 900 have been al.
ready raid out, and the road from Greenfield To the
.unnei Is nearly finished.
p The Ontosegos lake SUPERIOR Miner states that
te representatives, Of the French company have been
making investigations among the mines Of the Onton-
gon district Ia relation 70 the establishment Of smelling
work, aud that the rssult Of their Investigations VIII
undoubtedly be the early erection Of such works The
fusI used viii be wood. la June, the Isle R0Yale