New-York daily tribune., 1854-03-15
q nre generaIIy sustained Nc quotatioDa are

Ile INCDhDRe uhIktt uuii. OuiinS 10 hlOiV Pohty
Ba9 cent and Francs are not 30 firm at 5 IS.
Freghts are firm without much doing. To Liverpool
10000 bush Grain ~ al5d 1000 bbls Flour 49, 94H
1000 bales Cotton. 7l6d for compressed dead weight
l5I To Glasgow, l,4OO bbs Flour 4I3. To Havre 500
bales Cotton &C. From Charleston to Liverpool 20 char
tiers were made at i'd From Jacksonville to Porto Rico
sI3 for Lumber and thence to New York, 55c. for
Sugar Two charters from Auakapas at Sc so for Mo
hstes and $50 for Sugar Another TO north side Cuba at
s5c for Sugar and port charges paid The ship Ocean
Herald sold today supposed at sll50oO To Cali
fornia the market is dull
The amount received at the Sub Treasury was Sl6369
paid s2O4926; balance, ssOl362O
The steamer Nashville, to day for Havre took s36O7l
10 gold including large amount of bars received by the
Star OF the West
The George Law, from Aspinwan adds another million
10 our stock Of gold
pbe Erie Railroad Company have declared dividend Of
"a cent leaving surplus Of about $4,000 This is as
much could have been expected from the winter portion
Of the year and in view Of the Ere troubles which seriously
embarrassed the business Of the road for two months Mr.
n Robinson in consequence Of Ill health has been con
strained to resign the Treasurship and Mr. Daniel Drew
has been elected fill the vacancy This appointment
will have doubt be very satisfactory to the stock
holders
The receipts Of the Norwich and Worcester Road for
s'SIy dSs g
Ipere.e ..,.........................S Sl42sU %
The receipts of the Little Miami Road for tho week end
Same week last 500 6l
eSl7l IS
The receipts Of the Michigan Central Road for the first
week in March S22 600 against 5000 time last
year large portion OF this increase from the Great
Western Road of Canada The receipts of this latter road
for the weeks ending March Sd flO9s4 equal
- scao 1.
new road fully equipped running but express and
one local train each way daily.
A. IL Muller & Cos sale of Stocks will take place to
morrow 18th inst, at the Merchants Exchange at l2I
o'clock.
The Reliance Mutual Insurance Company has declared
semi spnual dividend Of y cent
An application has been made to the Minnesota Iegisla
ture 70 Incorporate railroad company with capital of
fOoo0,OOO to construct road from Fond du Lac Min
"neota Lake Superior by the way of st Paul in Min
"nssota point the southern boundary line of The
Estate Of Iowa The following the of the cor
porators;
Robert Schuyler William Burial George /. Schuyler
Morris Ketohum Edward Bement K b Mason and George
W Billings of the City of New York Erasus Corning of
the City of Albany John Nj Forbes, Curtis b. Raymond
and John Gardner of the City of Boston; Wyman b. S.
Moore Of the City of Bangor Frederick Jesup OF the
City of Dubuque and F. Steele, c. w BOrup o. Walker,
Alexander Ramsay, Alexander Wilkin, w A. German and
jams Stinson of the Territory of Minnesota.
Letters received by The George Law speak in the most
complimentary terms OF the noble conduct of Mess Dan
can, sherman & Co, in intervening Tor the credit of the
State of California Messrs. Palmer, Cook Co in letter
to their agent tie American Exchange Bank express great
surprise that the Coupons should have been dshonored
and state that by their books they had balance in tha,
Bank their credit Of less ,han sixty thousand doars
any time between Nov and Feb l6 The books of the
Bank, which have thoroughly examined show no such
balance At any time, and during that period the account
was repeatedly overSrswn and their drafts protested
during January in addition 10 the paymsn; Of the Cou
pons TO the amount OF 10000 OF $4,000 On the 4lh
January, the account being then overdrawn O. $50 the
Bank held on collection for its correspondents $4,000
Of the drafts OF Mssrs Palmer Cook Co to be PAID out
of the frst moneys ced Il the account We state these
facts show that there exists very great discrepancy be
tween the books of Messrs p c. 4 Co anS the Bank and
chat under toe circumstances the Bank OH ers being only
the trustees og The stockholders hcl S u fc dc
ciining to Advance the inieres! money.
IN regsrd TO the protested drafts of siS0cC sae g. -
- the Land Office st Washington have seen eao,
that Department in which is sted that pursuant 10
d ecOns from the Secretary of the Treasury. Col Hays
ths drawer OF the drsfs Eformed the eth August
as that his drafts would not be paid sn6 that the expenses
ef his Office must be paid from the Sub Treasury in San
FRANCISCO and the receipt Of ttese instructions was &C
kDowiedged by Col Hays the 18th Ocs,be yet with
these instructions in he hands of Col Hays Messrs Pal
ner, Cock Co. send forward the SOth November Col
Hays draft for 100000, and draw against il
We also happen to know that xhen the Coupons were
Doe in January 1885, the money pay them was sdsanced
by Nesrs Winsow. Lanier & Co. the then agents of
dessrs Palmer Cook Co their account having noting
lis credit and that in July following large portion Of
he niefest was sgain advanced by Messrs W l. & Co
We regret exceedingly that this delinquency should have
sppened We entertain somewhat the friendly feel
,es toward Messrs. Palmer Cook & Co, but The Ata
aorRia evidently In their interest having attacked he
-nericao Exchange Bank, and impagred in the most
arsesoas manner the motives Of Messrs Duncan Slsr
q q. e .n.esazs.sz L. sie han..z sf .sl;lz.:s