New-York tribune., 1869-05-28

=, vyavpo Directors will take vote OF Iho '~VO'ND ~ a,
- the matter is finally settled IEis -. ~
,,or ~ form, as the vote viii be almost r.,
- ~ the lease. Tie terms are as loliO"' VI -
o Road receives l2 per cent upon the pIoso'''
- % tho company, free Of Government 'eN' P"9"D-o
s'o'" tho peppsvlyana Central Road guaranteeing
q'',is ~ the company, keeping the roau ana I's
'' ut. In repalr The lease is perpetual ana 'Hc
- elders Of the Fort Wayne Road now nave ase'uIi'9
.,.r,pteed by the weaithCSt corporation IL 'NI'
e,trv and beyond the contingencies OF NarsL uuhlP
J.,ns The directors Of the Fort Wayne Road have
ssed the subject Of Increasing their STOCK ana nave
S,,t decided upon making scrip dividend OF 10 per
- which would make exactly per cent upon the III
,s.d capito The lease goes into effect upon inc ISL
., Inv and the Fort Wayne road have Their earhlnEs
Cor tle half year. as well the money TO be reeeNeu
from the sale OF the supplies now on hand Inc sU1I"
cash win be divided and will probably amount 10 " p,l
cer,. although it cannot Of course now be u'"n'oy
stated The stock OF the Fort Wayne VIII now ms'p9','
from Wallst and be held by estates as an Investment
beue perpetual per cent security free OF GOVoIIn
tax II will supply want that has always "cen ~
executors and trustees Of estGtes mee'nn "a ."e
rccors Of the Fort Wayne road VIII DC h'u o'
to decide as 10 the scrip dividend - nj,
Charles Morgan the purchaser OF the Opeous"s nan
road. in a long public communication, announces MS
readiness 10 cooperate with the business men OF IeAas'
Louisiana New Orleans or any other section OF the cOu'
try interested in extending the Opelousas Haroau "
To- by the most eligible route and proposes that ahe"
eorpo0u be formed to obtain the remaining franchises
Of the NowOrcans OpelOusas and Great Western Rail
road, with a cash capital Of $4NOOOO, Of which he will
himself take and pay cash for s2oOoOO of the stock pro
vdel tie same amount be raised by the other parties in
tercsed He further his intention to put inc
road already completed in perfect repar-f necessary
making double track.
Alta meeting Of the stockholders Of the Northern New
Hampshire Railroad, held at Concord to-day, the Old
tfrrp1E
meeting of the Board Of Directors, Otis Daniel OF Boston
was elected President in place Of the late Mr. he''eu
Both meetings were characterized by perfect harmony
Tie CRieago Republican Of Tuesday says:
The week opens upon an easy money market ana soe
any very bright indications Of an immediate change ioI
the better much as we wo1d Ike TO- so as 10 ne G tHSp%
10 report change which would nrGak Ihe sTn EI ~
which has long oyerhung general trade Al! caSsts Oh
business men-except grain dealers-are conLlng 'T d
operations 10 supplying hmtul3to "a5''S' go, 'tu
speculation outside the ChainDEr OF C(l Colil
Is running along smoothly the supply OF OF 555 5",ino5
funds hand being generally IN excess OF tie ueuu
ard many bankers would efeu nf IL nS SorovSr W. bcy
tiH hey have the opportunity As ~ II ir s,nJ and
f only find employment for part OF thelf iuuua 'll
s 2 MA are TO- not soF M as 2S we have been enabled
learn, the banks are all charging 10 per cenI III
ijsted on better terms on uneNcepuOhaDle c9a.c;I,
Eastern exchange was again weak 0uI qlet ic" o
Corntor rates we're steady at 40 buying and selling TO
customers, and making remtances 10 anu o u
intcuor banks al lIO premium.
The Cincinnati Gazelte Of Wednesday says:
yThe money market is still irregular in the demand ior
fo7us which, in some quarters, s very !atee' DGt az
1lc is only moderate and is quite freely met DE tHo
hanks at sGlO per cent. The Government Is CIeCkuS
pretty heavily its depositales at interior Iol ETn ]
keen accounts here and is also steadily drawing Gown
tic balances which remain in its dcpOslalltS htIt' 20
that there Is little or no accumulation Of currency IN
the opon market the supply OF prime paper NOT pIey
aud ii is easier TO negotiate at lO0l2 per cent 4o -
no lack OF paper the street which Is not cOsuete
first class hut II is not easy 10 place TINS aU any price,
The market FOR exchange is less active Dut rates IeH
ab0u steady. The usual buying rate is Doc olsVuAI
and the selling prce is JOc. premium, with exec loal
Transactions par. The receipts are about equal 10 e
curreut mercantile demand bur dealers are not very Iee
buyers, excepting at lower rates.
Mr. H. V. Poor, No 81 Broadway has issued his Rail
road Manual for the year lst97O 1t gives full history
NJ the rise progress cost and earnings of the railroads in
the United states and in fact, is complete history Of
the internal improvements Of tho country. In addition
10 this il contains fu description OF the amount Of the
various debts Of the General and State Governments.
The figures are compiled with great care and as book
Of reference it invaluable to every banker and merchant
In the country