New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-02-19
..,xnrypo1AL AND MONEY MATTERS.
~, Sale. If stoek. g. zee Fosra Page
MoxpAy. FEB ls-P 81.

MONDAY, FEB. III. D.
= sacks there has been All active demand dur
- ,,s day. ard tie tendency Of everything cxes2uns
oA,,g wss Improved There VA a good demand ~
v,ee, A: advancing raies Governments are a4so hs-7'
100. Enc wen, I'd ~ Oh Harlem ST A. ne Sec
"A Road he market weakeT on some descnp-oi'
The Exchange market has been very heavy, and
rae. lave receded y c. TIE supply S.efHE DO. zen
81, AID The demand has not met ae expectations OF dea-
-, ssrir, 9as. for hr,, cas. with tie bsk q opera
ton. a. 91s4 Francs =. Dj.27 snoDs some 'e-'-s
drawers ask so d5&
The market is improved for FfeisAis sni Corn.
,aoo g.b "a. teea engaged q, 5ldUfd n o1s 200 oos
youf I'D aa4 some Desd Weigh -1sc - 81 Cotton
,g1t To Glasgow some Couon was ia@e1 a. - -
-,e,e d. nearly ~ much dong for Caofns. tlt SD 10
,o.,os.. b. ac.ve Engagemea,s are a5q7o = foot
I, Money there 3 10 change 70 notice. TIE sup.
, . b.eousag mere abunlsn. and he faes are 5es y e.
on eaI sac = c. on paper
The receipts At the Sab Treasury o. day are
srso7l Payment. s5sg3i. Balance s51,3i 5s
Most Of the purchasers Of the Rea Estate Re
.s,,y .o4 By he Fsfmefs Ian and T,ns COMPANY Q.
49, F.cbsnge have finally decided ao 70 take TIE properly
,g,ba.sd ~ le rouli 81 defect ~ ute Ias Company
,ea.e 20 refund toe Do - e., pad the day f sac,
have commenced suits against ihe Com
.,,g n, The recovery q these deposit. These sas viii
.oy 20 To-. Rsal Es'a'e.
The Superior Court, Judges Ducf Mason and
c,enb.j on Saturday denied rehesrug - ne Trustees
d The Merchants Exchange Company 10 ne Gaze Of Jane.
a Kukrs The Merchants Exchange Company iof ue
srseosgre Of the mortgages held by Nh King Tor Engisi
capitalists aga.ast this Company The case came on ir
J,,e tui the o.. The Company having failed 90 '1
neal decree ~ss taken against he Company By de,a.
TIE pea for reheanrg urged ~ 'ae Trustees T. 10 sub
.soce that lie petitioners advised tai ne decree - ~
,osos. 10 dec a-1g The bonds end mortgages ~ Poe valid
s.t he mortgage arc either OF them gal % roy ra Or
esfy Tor toe benefit OF ,- bou1bod-r- and ;1at 1e bonds
IRE not valid OBJ gators ssaus o~ ComPsar Trey a'o
,aY That sir B8We WHO acted Or counsel for 'He Iun-
psny Wa accidentally absent rom ~ Coun "hen iHe
,sos was calico sod be intended 10 De present a4
protect e M ai- AID Interests OF ile Company 10 s'0-
sance ~ prevent TIE foreclosure OF ne mortgages me
Trustees repuda,e The toa1a Of me Company s~0ed DO
ROOD faith FOR he money Win which he Merchants p
change vas built
IN TIE SUI o. Barry c.albst is Company, n 1913 lo
sad And r.ipo4. opinion was delivered by Ncet 1an-
e-I,f sen8lod WHO soer 4a0urous Investigation 81
ne objections urged against ,he validity OF The bolis W4
rnodea.es, he'd tem 10 be without foundation tu1 tie
b,n4s 10 be entirely vad and dismissed The bin with COST
Tho, decision not SpPeacd FROM and is t. be deemed
tie Iaw on lle subject
The decree ~ he Count rendered on Saturday reaec
with some severity upon the Trustees for lneir plea 40 tbs
ease Il ssys
In The Gee. Of Barry Judgment creditor Of he COmpa-
nv attacked tue ,ecurl Or1er hst By destroying them
be nj su himself obtain te payment of he just demand.
which Ohe wise hopeless In the present case me
BARNES bem.eyes who created the securities who applied
fr ami obtained the money the faith Of them, VINO OK
pended 10 upon the building they have erected, who have
been IN oymont of lie benefits IN common win The
whole community are seeking mere technically 10 DEPRIVE
their creditors Of the benefit OF these securities On
which alone the money was advanced.
The Trustees having urged that tho former Trustees were
so bonGhoder- and therefore desfou, Of sustaining me
validity Of he Bonds, the Court SAYS
Bu we appfehend that the former Trustees were ec,s
Aied 10 hs by higher motives than hose which have
been attributed 10 Them motives which unfortunately those
who present control the ComPanys affairs DO not teem
o. appreciate.
they know that toe debts were Justly 5ue-th,t the
money secured hy the bonds and mortgages had been lent
upon The application and solicitation of Tie Company them
seIyer that The particular form Of the securities had beer
offered devised boy themselves that bn for The money.
oDtanei upon tcT credit tbs noble structure which is i
rIide aud ornament ~ City would never have been
erected and that for them attempt upon such grounds
concnded tor by Barry, and are attempted TO be
set here TepuC these debts would he 10 shock the
moral sense Of every honest mau
We ihuk thai In the they pursued they manifested
40 more than proper reEsrd for their character aud
that Of their suenis And with eengs e no ordiua
~ satisfaction that fnd ourselves not merely authorized
bat absolutely required 10y the established rules OF the
Count 10 refuse these petitioners tho opportunity oi pre-
ssnng questions the discussion of which ln our judgment
i0iuhousy Affects the character o the company, ena
thfourD Them of The whole m-rcan'I IT, community
The petition fOr rehearuR and also for leave Ia he eN
ceptOnz To he ref rees report IL deuied-te panth
OF resisting the petition 20 be taxed and allowed M
costs IN the cause
Hunts Magq.,nc publishes the following Table,
compiled from the official Of the Banks named In H.
Al periods nearest to January 1885, and the aggregate is
compared with resulting from tho returns Of the same
Bank, at The corresponding period last year