New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-08-12

sterling Excnange was firm at QUOTATIONS. LOhuon' W
days 11OS1lOb London, sight, lOi 0lOs London prime
commercially, 60 days lOsfSlOsE Paris, Long Sl6eSlSE
Paris short, 6l2i9511i; Antwerp, 616i05I6i SWISS
6l6395l5; Hamburg, a62935i Amsterdam 4Oi9Ni'
Frankfort 4Oi 04Oi; Bremen. 79079i; Berlin, 7l9nt
The transactions Of tho shb,Treasury to-day were as
follows:
TIT General balance yesterlS4 s' SSsf2S So
Gold paymehts :. ................... 7slOs 90
G0ld balance 10
Currency receipts i iSs aSo ls
currency pay ments. .....-............ ooo''2I 90
--v General balance I..........-.. "a 9O3,745 10
Included In gold reoeipts-custons- - 6S0,OOO 90 p
The directors of the New-YOrk Central and Hudson
River Railroads have been in consultation to-day at
Saratoga and 1t was reported that the consolidation OF
the two companies would be Perfected before al;
jOurnlng
Messrs Fisk & Hatch Financial Agents of the Central
Pacific Railroad have issued following oongratuatory
address TO the stock and bondhOlders of the road:
The Pacific Railroad long the theme of conjecture
Is fact accomplished. Passengers, mails and freight
pass NewYor and San Francisco with the same
Regularity CELEBRITY, and between Boston
and Washington the Pacific coast has been eaeotualy
ha % S1eB Of o the the Of tie
country be traversed the vast distances whence labor
Tapdty Of ts construction IL stands unryaed among
peceful enterprises Had fifteen years been occupied ~
The work instead of five years, its completion would
have BEEN hailed one. of the grandest events events
in our national progress; Inc 5uinols mIi t
of of portions Of the work have been dsspated
the opening OF tho through line mas anordeH 8pp0
tuny to thousands of examining 1t. Although barely
three months have elapsed since the opening the tes
and 70 the energy Of the Companies in bringing to the
highest state OF perfection in the shortest OsslDe TIME
Railroads grow to perfection, and It may be safely as
serted that the past affords parallel to the rapdty OF
completion of either track structures or equipment OF
Tne Of that portion Wing west Of Salt Lake and
built by the Central Pacific Railroad company Sie os
many Of the oldest and most lines tne SOn
who but recently Inspected the whole ne we are salts
fed that all has been done In good faith Ihls spenuu
trail Pacific Railroad Company is due in part at
least to the efforts Of those who aided us
IN securing the means without which the enterprise
must have halted 1t is with peculiar pride therefore at
this time, that point to our oItexpressea
tions which must have seemed sanguine ana 20 the go
oOnsummation of the work as our vlndcaton FROM
the beginning we have mad iath III the @ Es s
the faith in their wisdom and success IN MAINTAIN
ing and operating her great fSaa as te & nrsen
conclusive evidence Of the remuheratye returns OF me
enterprise business investment independent OF tne
impoTtapt national benefits and prestige 70 be derived
from It, The business Of the Central Paele between
it has been operated for the three months since the open
ing on the 10th of May are approSimatsyl as io9Es:
expenses s2O341 net earnings sls9CO9 or revenue OF
profit avaIiable for interest payments. The aggregate
OF the annual interest payments for the past year was
materially These figures been attained, Of course,
while the facilities of the Company were at their newest
amount OF mproducuve transportation was necessary
Both freight and passengers are increasing so Aluy
that the Company have made important reductions IN
the rates fast their facilities permitted them They
will adhere to the policy OF encouraging tine largest
traffic consistent with the requirements OF their obKa
TONS mineral deposits along the route OF the ROAD
continue attract attention and add "a ts local business
while the low prices and easy offered 70 englants
must tend TO increased settlement the Companys
lands which OF great value. We feel indeed that
business of the Central Pacific IN IT'S INFANCY ana
that its development to uneXampled proportions ma very
short period Will be new cause Of astonishment.
The Chicago Republican says: , <a"H -
The Pennsylvania Central about TO construct
new through freight route from Pittsburgh to Newly
freight trains will he dispatched at the steady ard uni
form Of nine miles hour istoppng only for wood
aud waterthe locomotive thus working taking It's Train
through with change Of drivers only There VIII be no
expensive and vexaous watngs on side tracks, no ac-
celebrations Of speed TO make time and clear the way but
every train dispatched. will keep steadily on 70 It's
destination only its stops for wood and water We
only this particular enterprise IN success
fnl Operatlon believe that II viii open new era IN
freight traffic, making the railroads more useuI ana
Available for freight channels than they have been hth
erto The development OF through freight routes by ran
is sure TO take this shape either IN this case an aunct
to existing routes separate enterprises the latter
perhaps managed the principle OF canal ana opening
the tracks at suitable tolls to al treghttTahs Ny WHOM
ever run.
a Wsetlpg Of railroad men was .beld IN Basi41telOa
Westward The meeting private, but 1t is under
stood that the question rates OF freight was discussed
in detai though no definite plans were decided upon.
The following statement Of the receipts and expendi
lures of the Government for the quarter ending June 80
1862 was Issued to-day:
Customs StIob y
Lands. L9y ~
4 Iufe Re ssss