New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1843-04-18

Commercial and Money Nsrt.orss

The sle Of STATE Securities today At the Board reached
500 600 par value. State &, improved SIS do Ohio
IS went up per cent. kentucky !.
4 5alerf Government Loan made IN the street At
100.
III E,ch,o,e Market i; very 6,m ste.ling 81 Sc;
Franc. 5.l24 30 Mobile Is ~ 10 discount AT Mo-
br on the slh 40 da,5 bills New-Yc,k l6t l6} sight
Is. American Gold 2si Treasury Notes lei On the
5ti, 81. 700 ~ spacIe received
Nl IL iaslt TUE interest OF the Merchants LI
chang. Company the property called the Merchants Ei
change sold to-day auctions, under execH,oa.-
Their Is bur one bid mlle which was 50 500 BY NJ
''"n +" ~ -. ,ar propsry was knocked down al this
pticc Nh Waid hold, judgement against ,he Company
cf this amount We understand that AL The proceedings
Vii be contested only the transtr 70 Mr. his tp
prcaely In. Question Of The oMer OF tie trustees 70
mortgag. r.. prrai,rs Those who 10y the 0pet
ori OF the Company argue that che trustees ws'e elsIs
for ,prcide purpol -rpena !b- capital o. the e0mpp
nv nuilop, oUiidng tie lNchange, anu !l- 81
that was do.- their duties fulfilled until hr stockhoa
invested them with further powers thai they exercised
powers borrowing money aud lnorgsging the properly
which had been committed 10 them by the stocknoa
ers, and that BY exceeding the authority granted them
they have made themselves personally liable ior the sams
thus obtained The proper Course Honr seem 70 rave rse
to have called oseter The 'tcckholaers when the taP
had -n all e,rdeb aud have left the question % theLG
csiol whrthr ;he Eudiny should 60 ftef le st!es
i've plan adoptei, or ther oher course should q
pursued No doubt that IN the aspect OF uss wren
the mouey borrowed The stockholders would have en
enough Of doubt TO i3dnce hem femodel the whole
scheme aud idop, plan better adapted y the pro'e e
dition q rp,,v.. THE rrrn't world b,ye hsn tht IN
company wouln haze had magnificent es.nce, ~
would have been clear of embarrassment And probably pay
INK dividend the stockholders Instead however o.
thus consulting the Stockholders the went asaa
borrowed money ISSUED bonds aud morAgcd the Pfemse
leaving thu STOCKHOLDERS perfect ignoance Of Their oPrfi
tios nt too late to pe,rnthem Ther. - now stf9os
desire ascertain legally if the have NOT gone o
sonj their power Ia these The total nteb,cane''o
tn Company 1923 80 90 consisting q bonds aud Glof.
gags 5i0l 90 tpv deeds 81 ! g. King 20 Seep's
The Con!pept, bonds f9r 500 i03 dur Ocean ia5ulap
ompsny So COO Ward t. 60. 90 900; J. Litte Se9'
$1,000 Prime Warl * hips 5000 Manhattan 1enPt
ny 500; unpaid 81, 500; due for materials aaa
woh,mr $50 2G5 expenses 100 pi lStrryil q
bonds $50 063; do om bonds and mortgages 50 w '9o'i
1928 2lG 90 There is due thr Company 1921 50 Htss
Of rent which mostly tend reh Ia coupons There s
contingen, claim Of f.. Mirandol for mArbi, capitals 9
the columns which returned The annual atere'' %
thu ComIaiis obligations i, 500 25t ~ !ares alaEies s
S91iJ o. making $4,000. The present rental o. US
Company $4,000 subscriptions .rchangs 5opW,
maxim. SIS 000ahowug deficiency Of sl7 600 sefs'"
of The offices acau and others it nominal P'
Th~ Bank Of Pennsy yauit resumed specie PAYMENT y
d,y and the Motar'ras'ns win follow suit the is o.
MAY IT, old notes Of te Prnnsyl yagia have beeo csf
c.Ilrd and ail; te issGel The amount o0tdS
Ing $50 0GG OF which S37 900 HAY. been 20 ysaf
Probably very Iittlr Of It -rstlce The Bank q
Norhen, Libtftr, has been recarted. This Bank das
a lfrp business,