New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-10-26
Bank reopens the Savings Company VII DC aoie /"
draw out their funds and recommeuee olers.ons'
Mr.. NJ. Hopper Mott has resigned me fresiaencyoi

-.snor, ,be gsvinps Company viii be able 70
1,.w ont their fund. and recommeuee opersiions'
NJ, M Uopper Mot. has resigned TIC Presidencyof
,he CT Nicholas Insurance Company.
One Of the officers OF the Eighth-av. Bank states
,bs, preyious 70 the closing Of that Bank nearly all
the depositors drew out their balances, did also
many Of those who had deposits in the Savings Bank.
The officers are now engaged in collecting their Bills
Receivable, and fast received the moneys have
been devoted to paying off the Savings Dspositors
and for no other purpose We informed that the
amount of Bills Receivable is more than double the
amount Of deposits. If this is the case the depositors
viii probably not lose anything.
We hear from Boston that Of the Maine
Banks ere in trouble. The Suffolk Of Boston has
thrown out the Ship Building Bank at Rocklsnd, the
Bank Of Hallowen and the Brunswick Bank. The
circulation of the Bank of Halowell was mainly at
the West. The Gramercy Bank, La Fayette, Ind,
il now bought in Wast. at 2 cent. The aecnan-
les Bank Of Memphis is unstable. The Indiana
Banks which are not quoted at cent. are 'eiins
at irregular prices, varying from 10 to % Y cent
discount
The United States Trust Company Will be me
trustee of the sinking fand of the ne" Donds Oh 'ne
Erie Railroad.
The reeeipts on the Cleveland and Toledo Road
nj
For week last yeHr ''''''''''''''''' 80
Increase e5 per cent $3.50
The foreicn advices are not commercially import
ant. Consols are firm at 95l e95l about the previ.
ous quotation. Breadstafs were rather better
Int Cotton was dull. The London Money mar
ket was more quiet, and the business of the Stock
Exchange very light. Ia relation 10 the late failures
the correspondent OF Tile Commercial Adrertiser
says:
The Suspension of Mr. james McHenry Of Liverpool will It
believed be permanent unsatisfactory, notwithstanding
the assertions circulated to the contrary hessrs
Allen Anderson Of London whose stoppage announced
by the mail also without houe OF escaping the nece
atty liquidation. although arrangements are IN progress 70
and tins keen ogeher their connection 1t s stated
that their dealings with Mr. McHenry have been sueh as to IN
yolye them the liabilities Of actual partnership and that bu,
for THE sufficient assistance would probably have been
granted them in London to avert any necessity for her stop
ne1hsw Of Mr. B. Chapman of house Of ovrend Cur
ney and hence there Is little doubt that Tbs si state
apart from Mr. McHeDTy nothing would have been heard Of
The ssss of Mr. Edward Oliver Liverpool yestr
day sed although il was probable some Ct
eventually met said tbst the who had
dertaSep The inspection of his has namely Mers De Wolf
FInie Campbell Rankin and CrSte had agreed 70 take back
all the ships they had sold him credit and In this way TO
tin1g 900 Of bis debts said to consist also Of ships
freehts timber and mining and oteer shares The plan
moe ed al. The the extremely
the compromised being such 10 lead to desire to
Keen hack many important considerations and 70 make
near fsyoIsbe a. possible To-day indeed there reports
that be will yet break down altogether
loan Of $500, 0C0 Of the State OF North Carolina
y cent. was taken few days ago at an average of
1Oll and interest, from the LIST OF July. There was
no bid from New York, where the loan of $4,000
Yves taken in March at 1O4l The 6s OF North Caro-
lima are on this market now at par
There is some drain of Gold to Canada, but
our banks can stand any interior demand if the for
- bo Al ba Al If tba
California steamer is anxiousy expected. They left
on the ID instead of the LIST of the month, usual,
and are now out % days, and fully due.
The total earnings Of the Watertown and Rome
Railroad for the year ending the 3oth of Sept last,
is s39l 500 49, being increase OF s5293l Os over
the earnings of the previous year.
The Bank excitement of Cincinnati appears TO have
subsidized and the houses which successfully sustained
the run have the confidence of the public more
thoroughly than ever. The Directors of the Trust
Company Bank of Covington, Ky, have made an
assignment of its assets to Judge Wm B. Kinkead
and Samuel j. Walker, Esq, neither of whom have
had any connection with the bank heretofore. John
w. Stevenson, Esq, was selected as Attorney, to
act jointly with the Trustees The affairs of the bank
are to be closed speedily possible. The prefer
cree is to be given to depostors if be legally
uoUe. pioCtSuop OhNNSo oiO W
pro rata between the depositors and note holders.
Mr.. Huntington, of Hartford one of the most
eminent legal Authorities of Connecticut, Huntington
g. Gomez has given an opinion confirming in the
strongest manner the opinions of Messrs o Conor
Lord & kirkland, that the New.Haven Railroad
Company are liable for the fraud Of Mr.. Schuyler, IN
the over.issue of the stock of that Company Chief
Justice Shaw has recently given decision that the
course Of the Boston and Maine and associated
roads, in establishing parallel line between Boston
and Lowell is an infringement of the charter OF the
Lowell Railroad; that the defendants have no right
thus to establish and run continuous railroad be-
tween the two cities, under agreement to share
profits and that the plaintiffs are entitled to decree
in their favor This decision is based chiefly on the
10Th section of the charter of the Boston and Lowell
Railroad granted June 5, 1880, which provides that
no other railroad should be made within 30 years,
leading from Boston, Charestown or Cambridgeto
Lowell, or from those places TO any place within five
miles of the northern termination of the Lowell Rail
road
Family Marketing.