The New York herald., 1849-03-01
MONEY MARK EFT.
Wednesday, Feb. 2s.

Inc committee appointed by the Legislature Of New
jersey to examine the affairs Of the Camden Insurance
Company, have made srspor rsconme nding that trus
tees be appointed to take charge of the business Of the
concern, until t shall be closed and It's accoun nts H.
quidated. Messrs. Browning, Dudley, and Toy. we're
recommended trustees, to make q report OF th..r
doings to the Chancellor bill introduced to this
effect, and imme distely passed to second reading
1t appears by tho report OF the committee that the
company was chartered on the 1eth Of March, 1892,
with capital Of 500 ooo for ths purpose of nsuring
buildings, merchap q disc, vessels of all kinds &c.,
against damage by Ere and otherwise. The charter
fequred that $25 o00 or twenty-five per cent Of the
capital should be paid In before commencing business
This has not been Piled with, aud the affairs of the
company appear to have been managed solely with .
view Of benefting those directly connected with the
management. 1t does not appear by the books, that
anything was done under the charter until 1s47ff.
teen years after the date Of the ch,rter-when it was
organised with cash capital OF hoxsand dsIars
under the following board of directors -
Robert w. Ogden. j. W. Cooper, r. Feters, NJ
Davis, J. II. Cowpertwaite f. Toole J. W. Mackie, H.
L. Bulkey, l. Toy, of Camden; o. s. Hslsted, jun.
Newark; A. Clark, Somervills. r. W Ogden, Pres
dent; H. L. Bulkley, Secretary; R. J. Crommslin,
Agent, 72 Wall street.
The capital appears to be represented by certificate
Of depesits Of $40 900 In the Bank of New Rochelle
which tie managers alege was given In exchange for
notes transferred without recourse; . draft tho
agent In New York for $1,000; 81 600 in cash; note
Of E. D. James FOR $780, co. past due and without any
security; and another of $40 oOo also without So
curity-making $4,000 With this ioadequate eapi-
tai they have done q very large amount Of business
and their premiums have reached the large Of
$1s6 and their losses upward Of 500 In less
than two years.
The committee do not think It expedient to repeal
the charter of the company at present. there is such
large number o. risks outstanding, that 1t might bs
prejudical the creditors One half Of insur
companies In better condition than this con-
Germ exhibits and If tho measures adopted
by the Legislature Of this State to investigate their
affairs, the rottsnness and the corruption
weuld be discovered.
We see by the Missouri papers, that the bill to ineor
rorats the Missouri aud Mississippi Railroad Company
to build road from Lexingtoa on the Missouri river
to Ohio City at the mouth the Ohio river passed
the Legislature. Also, o bill pending to appropriate
ten thousand dollars for the survey Of said road
There 10 also bill before Congress- to aid In the con-
rtruction Of the road. This may mako an important
link in the railroad from New York by way Of Charles
ton and the mouth Of the Ohio to California, and will
make outlet to the mouth of the Ohio river for the
iron mountains and other minerals Of Missouri.
The annexed statement exhibits the quantity of GER
tain articles exported from this port for the week end
,ng the eth inst distinguishing the destination Of
shipments and extent Of exports to each country.
COMMERCE OF rHE Posr New YonK-wrsKLr
EXPORTS
To Lperpool-Potash, 305 bbls pork, 426; rosin,
coo; beef Ill tiercss rice. 75 bacon, 1853 60l lbs
lard, 44sss; clover seed, seia79i slaves, No. 2ooo
70 L.ndon Lard a o2o lbs, tobacco unfd, IS, ,7sl;
cheese iss $50; clover .sed 7s7s; aour. coo % sSs
pork 290; turpentine, $780, beef 80; beef rs erces
TO Eeiamd Corn, lllos bushels.
To Hsure Potash l7s bb. cedar, 100 logs; whale
bone 5000 lbs CT stor oil 5 casks; roe se tisrcss;
anis oil. 10 osses; bark "a hhds.
10 Marseilles Pork, so bbis; beef, 40; Rum. Anne.
ricsn, co. bark 151 bags 50O lard 76 40S lbs
mace oks; castor ell, 80; bA'k 80 csroons; stavss
To HoA.nd-ylour, 1oe bbls.; beef 90; honey, "a;
beef tsrces honey, l02; honey. 4 hhds logwood,
nfd. Is ss2 lbs pimsnto, 100 bags; eocos Il slaves
No l400O; sperm oandlss. 10 boxes.
TO Hanss Town. Tobacco, so bales; Tobacco, rs
cases aDis OIL 10; hyson tea l,os7 lbs whAlsbone,
r. East hides, Flour, 2ss ebls pork so; pork,
80 tisrcss butter, 14eo ls. spetsr 1887 bxs sperm
candles, 12; domestiOs. 9o2 pigs brandy Americsu.
1890 gals liquors, 100 caiss; machinery, Ac a6e;
oochines 3e coohinsa "a oerson' ginseng 100 casks
70 W..t Coast Of South .am1ica Flour. l. o2e bills;
pork, 4oo beef 2o6 dried apple. 100; dried peaches,
10; beans and peas S0 vinegar 60 pitch and ssr 70;
'donsstes I22 bales; sunny bags 20; ash, las kits
brandy, 80 casks; nails, 100; lard, se45 lbs hams,
123oI; sugar, refined. 1855; oars $50, No ale and
cider $50 oases SOAP 100 boxes; chairs As doz duck,
70 W.,. G,anada Flour $50 bbls.; rios, 7; -four,
1bo half barrels; tallow candles 20 boxss drugs 100
psokagssi domsstcs bs's'; sugar rsaasd 72o lbs;
,cordage 4 coils; pepper. bags; cider, 80 cases.
To Mereo -Druss, 80 packages; domsstics, aa5; ale,
12 barrels tin pstes 90 boxes pepper SO bags Cocoa
'2 V Sc Dom;~ss Flour, 80 SOi. pork so m.okere
100 herring 5O beef 10; soap 500 boxes sperm oan-
dies 81 tsow candles % ,S ao%s,.a ss Sn,ss oss ssc Man.
giles u COO No; tobacco, hhds; tobacos, "a baes
~spps, 10 bags: nails, kes, -,
not.,c. a. -nsckeeL 2le ale, Al; pork so; bread,
TO- bread loo h.s. neal 20 pno. rice ~ sso ss steel
shores sperm esndl,s -, tsio" oande: e?g .soer,
Lice rsams tobacco 2hhds toba MA :as ssa
4s21; oh. sIo lintesd oil ss1 gals spsr oil iSS
nails lOs casks; stsvss l8 900, No hoops a.. Wi
shocks, 620 lumber 10 coo #
10 Dsntsh West indies Meal 100 barrels; potatoes
80; Ssef 1906 pork 1856 -four 50; -four, 80 half bbls
corr 80 s1;hs,: . rice; Sos SOAP iCS ss.e' t.ev
MD, 61l lbs nsh, IA ITO; butter 1473; lard, e2o
hams SOL sugar refined, 10, ,25s; cheese, AGO. lard
To Br,isk W,st T"d,e. Flour. 400 bbls mssl, 7Oo
perk l9l; corp 400 bushels; peas, 400; rice 40 tcs
tobacco, Is hhds; tobacco, MID, 44ls lbs; tsov
TO British North America Flour, IL bSls rye
Gour, 100; meal, 10 bbls.
The aggregate shipments Of brsadstua, amount to
SS6l Dds hour, ana III ios o"shcs oi oo1n' n" tns
corn went to Ireland and COO barrels -four to London
the restwas distributed In smsl lots The exports Of
other articles have been about the usual extent and
there appears to be great activity In the movement
of any important articles OF export The demand for
bresdsuns in the markets of Great Britain having for
some time past been merely to moderate extent, and
connned entirely to the wants Of consumers, prices
have been rather depressed and the disposition to ship
In our markets has been very limited. The domestic
supply Of bresdsuas In Great Britain has been sum-
oisnt thus far to meet the demand for consumption
Ahs impcrttions having for some time past gone into
bond to rsmain until the duty was rslinq uis he'd -