New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-03-26
MIR. ROYAL PHELPS ON CITY RAILROADS.

| To hi Honor tie Mayo, Of hsto.Yo'k
SIR: feel il my duty to you as Mayor Of the city
and through you, TO the people, to warn you Of the
danger you ere mourning Of having the right Of con-
stuciing railroads through great many of your
streets conferred by the Legislature upon few citi
zens who present Themselves Us incorporators Tbcse
valuable franchises If granted at ALL should not lie
for the benefit exclusively of few chosen ones, who
might thus become millionaires oat Of rights aud
franz hses which belong equally to all the cuzens OF
New-York.
would also call your attention to the fact that
these grants are virtually in 1erPeinty-the most
favorable terms as far as my examination has gone,
for the regaining Of is rights by tho city being the
payment 10 the companies .f all sums paid by them
10 other companies and persons, omnibus lines, &c,
with the cost Of the construction Of their roads,
together with ten per interest said several
amounts, to be verified by the AFFIDAVIT Of the Pre'i-
dent and Superintendent Of sad railroads"
warn the property owners on the streets selected
for these grants against placing too much reliance on
the effect their remonstrances will produce on the
Legislature. Petitions and circumstances are 50
abused by politicians that their legitimate effect
is very much diminished.
NOV am SO ySsr ao'' ob-dsa servant MI,
HOfAL PHkLfS, Member OF Assembly, Alfth Dist
BULLS HYAD-Nep- York Cattle Market, Tuesday
March 25-The market opens this morning with
less than 5000 head Of bullocks Oh sale with very
decided improvement in the state Of the market not
only in price but in the readiness with which sales
are effected. very large proportion Of all the bull
locke offered will be sold before the close OF business
this evening, that if there is no addition TO the
supply in the morning there will bo but little bust
Tor the closing day. The average quality OF the
stock 10 only good fair, with but few. extras, aud
good many pretty coarse bullocks, yet the average
/ price will he more than half cent higher than the
Quotations Cfour last report. The great bulk of the
stock will cell at prices equal to soy cents pound
for the net weight Of meat, sinking oal. Soae frat
clsfs butchers declare thai they have paid - cents,
but 70 tar 40 our observation extends thee cases
are quite rare bat they are not where the prize
is ccDis, aud that upon close estimate Of wei lat.
large number will net 81 cents pound and probably
nothing will cell below ceuts, ana Ouly three OF
the roaghest sort will go of 80 low. THIS exrsor-
binary ate OF the market has been brought about
by combination Of circumstances. Tho .upply last
week was considered light, although larger thsn
DOW, and little advance was anticipated, and large
nun beers OF tullocks changed hands on the way here
! 30 that when the market opened 1t was found that
The brokers held half tie number sale, ana OF
course held for an advance. Then The Government
agents. il was soon found were buying largely, and
none but bullocks OF good qualiJy, ana they TOOK
about 800 head. This settled the advance, ana we
cannot recoIlect the time when We have teen the
statesmen bold Grmer than to-day. With tho same
number on sale next week the price will bo still
higher. IL is regular March day-bieak, raw, ana
chilly.
DRylgG FAST UoRsrs FAST.-My Dear Mr..
BOnacrs You once promised me ride with your
4ever.to.be sxceued horses and today is the very