The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-01-09
MONEY MARK EFT.
sunday, Jan So II. M

1920 sunday, Jan So II. M.
Large purchases have been making by the Bostonians
Of Late Of the bonds and the stock the philadelphia
and Reading Railroad Company" This road is about 80
miles long, inclined plane the whole distance from
the coal mines to thecty and bring the
coal in lagnr quantities and at less than any other
Railroadin the country The eastern "olks' with their
native sagaciy first felt and probed the matter thorough
y, then purchased quietly of the bonds, (six per cent
due in and years. at so per cent then largely of the
stock then voted in their directors they will be
sured OF the management Of the road; and they say
they intend to make Handsome thing of it." Six per
cent bonds at so cents the dollar pay fair interest for
these times
An application has been made the Board of Brokers
by number of those who members OF the
Board but lost their because OF their inability to
comply with their contracts for the Board abolish its
rules and allow them back and business
the principles Of reputation. Stock transactions
without the pale Of the law and the only which
contracts be enforced at ALL by rigid adherence to
their laws by the themselves The moment they
set aside their rules in favor of any class of
their power to enforce them in future, is gone.
Barque Anahuac, arrived yesterday from Vera Cruz.
brought $4,000 in specie.
On the 10th, $4,000 in specie arrived New Orleans
from Matamoras and Jamaica, making S. 100000 recev-
ed at that point since the LIST September last.
The Bank of the Valley has declared half yearly dvi
dend of 81 per cents per cent of which payable to the
stockholders
The Farmers Bank of Virginia has declared half
yea;y dividend Of u per cent2t per of which is
yable to stockholders.
The Bank of Virginia has declared half yearly divi.
dend Of two dollars share of which sl75 is payable
to stockholders.
ment. The Commercial continues year. The Ohio
Life and Trust Co. has ceased to circulate notes. The
Lafayette takes the following bills on deposite:--
Bank of Louisville
Bank Of Kentucky. at Louisville.
do. do. Branch at Maysville
Branches OF Northern Bank at Louisville and Covingon
Indiana State Bank payable at the following Branches
viz: Richmond, Lawrenceburg, Madison and New Albany
Merchants and Manufacturers Bank of Pittsburgh.
The Ohio Lie and Trust Company receive, in addition
to Ohio paper the notes of the state Bank of Indiana the
Banks Of Kentucky, and of Pittsburgh.
The astonishing impudence of the defaulte and their
accompces in br wing public opinion after the discovery
OF their criminal neglect of duty goes great way in
HANGING the growing distrus The Journal of Commerce
OF Saturday contains article apoogizing for Mr..
Nco and endeavorng to induce innocent peopleto
tnue their confidence in every way unworthy
OF It, The shallow tricks resorted by Nicoll conceal
his depredatiohs, and the length of time which he con-
tnued them, are sufficient proofs of the total neglect
business on the part of those with the business
p" wv s"'"'' ~" Sitowng are two oil the bylaws oil
the New York Life and Trust Company
49, The President shall have the general Jrecton and
superin Of the aas of tho Comnany and In oil
cases. where the duties of the subordna,e officers and
agents of the Company not specially nv the
bylaws, by resolution of the board thew shall obev
the orders or instructions Of the President
s The President shall give bond for the fabf, o.y
Torrance of his trust with sureties to be cd nv the
board in the penalty Of twenty thousand dollars
bend shall be annually renewed, and or addition al
suretes may, at any time, be required by the board
Every bond 80 taken, shall BIO drawn as to in
force until another bond be substituted.
Now onefourth and perhaps onehalf of the capitol
been stolen by aseries of false entries, running
res OF years and yet the President has first Tues
day brewery month laid before the their exam
nation according to the laws of the company statement
ofits affairs Did they, did they examine the
countsf Whether they did not an affidavit of which
the following is part, was repeatedly sworn to -
IN CHANCERY
Before the Chance lor
In the mailer o. The New York Life Insurance and Is
Co-Edward A. Nicoll, the Secretary of the New Yorl
Life Insurance and Trust Company beng duly sworn
does depose and say that he and r. Kearny wero
sent the investigation made by Walter Hnbbel of III,
affairs of the Company. That be Ala no
withhold from the said master any information in his nos
session, which could aid the in the Performance
his dutiesor which could prevent him from DIRECTLY ant