New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-12-02

C,mnasy 10 regard % he Connection With the o'er-
;ssued stock OF that Conpsoy .....
TO TgT STOCKHOLDERS o. IL fAHNhh '"'N
Cfvrs. At yom meeting "n me evening OF me
os,h nit tbe Dlr,ctors OF the Company subn,ttei
A., vour approval their repOr. Of toe hlirs OF the
1o,a,env part If ssif report s devoted 10 m3f-
ter. Gefson 20 myself and as seems TO 10 me thaf
aaff,rs Of fact aud the truth, IN regard % the psa,
nd present condition of the affairs OF the Comp my
are OF importance to the Stockholders az the preseni
moment and for the purpose OF vindies.ing myself
from the unjust and unfair differences AMI assertions
Which perysde The said report submit for yo1I
sock. and my accounts with the Company
Previous 70 being overdraso had leaned
tbe Company large amount Of money The 20 npsnJ th,n
had $3.50 eco invested in samsnps and we're gtng up 81
or the coal estates BY the Company They
also tnspgipg sell th CasdOsia estate valued a. tjOop
which, money, to meet .eera ne ensenen;
bu ali attempts raise money proved uuie A. n9nents
notice Necessary for 10 de- eide either 70 allow the
Cotnpsny to fail Individually responsibility
DO moral wrong Then was not the ever Of 'sae Of
stock OF the Company would secure 70 me the
money loaned s looking the interest o. h.
on he Cofspan, sscurts sssamed The responsibility,
.,pees could oeeu which would Justify such set then
those In which was pisced vii Js'iy and faiJ warrant
frst day OF April tall the He) the owner OF the full
number Of shares for which account w' overdswn and
Vein Coal Company .Dd consequently, ready
nent my account rod receiving from the
Company the money had loaned them.
About the Let Of spn called upon to pay up hesvy
loabs and then compelled to sell he stoes and before
the b Of June did sell every share Of the stock - which
my stands overdrswD, prices Tsying from 81 70
81 80 4, share
The proceeds Of he sales OF the stock will fan short Of
$500 600 The balance Of esh loans due BY the Company
ne 500 90 exclusive Of interest If any arrange
sboud be made under wheh-nsesd Of repurchsslg
rskpg stock account good and then holding the Com
pany the amount Of the o.nsI should give the
the advantage o the sales Of the stock The Com
psny would stu owe me over tiOo!UVV ,
Tie Directors had possession Of the account books OF the
Company many months. The check books were the
boo the margins showing Whence cash was received aud n
whs dsburssd and lie reasonable TO suppose that
every account has been carefully scutuized
But the Drectoe not pretend TO say that the Company
Deher they pretend say that single dollar Of money
misspprOpristed before they were elected Directors
adusy expended Is proved BY the report Of your Direct
For after the recent sacrifice OF quarter Of mil
Steamship Bonds the pssent Directors OF the Parker Vein
Company they the Directors value the remaining prop
would be EQUAL double the price which the purchasers OF
100 600 hsss paid for them. Respectfully, o. p JEWErr
Neto- York, Dec. l. 1856
A Raiho DAD Convention is in session at Cleveland,
Ohio. The delegates are from twenty roads. The
objects of the Convention entire abolition OF the
"dead-bead" system Of runners and as far as pras-
tcable OF agents; reduction Of speed, and increase
OF fare and freight. The passenger fare from CIeve-
land to New York it is stated is to be raised to s5,
and freight in like proportion
The Cincinnati gazette says:
The Money market has presented compare
lively quiet appearance during the week, and nothing
Of special interest raDsplred in financial circles. IL
il st difficult to obtain money. la uncunent
money there is an Improvement, both as regards
prices and demand. CIrclevills sells at SOC; Ken
lucky Trust Company, 40 a JOc. Neg-fork Safety
Fund, 2Oa25c; Bank Of Kanawha, 70 a90c. The
Virginia Stock Banks, with the exception those
located at Wheeling, at 20 = cent. discount Ilknols
Banks, 10 "a zoe. discount. The bansabe par funds
consist of the Stock Independent and State Banks OF
Ohio: State Bank Of Indiana, and Kentucky Banks.
Eastern Banks at par but there IL very little OF
their paper in circulation. The circulation OF the In
diana Free Banks having been reduced TO three mil
lion doars-and the notes generally, being current
in Indiana the paper is In better dem md here and
sales have been made at goa %, and if the Banks
Bankers would receive it, there would be no diff
Guilty in passing IL in trade at par The notes of the
Clinton Bank of Columbus are taken in small amounts
at par II is 10 be hoped that we are near the end OF
our currency difficulties, but final and satisfactory
settlement only be looked for when the d)uouul
and fegi.imate Banks thail have been driven from
the field. In st Louis and Illinois the merchan's ana
both States the paper Is bankable. In Indiana the
notes of the Free Banks are taken for produces but
with some exceptions, they will not purchase gold or
Eastern exchange. The Stock Banks Of Virginia are
also in bad credit and do not pass here, although
they are current at home
The Chicago Democrat of the 27th says:
There was some startling rumOrs circulated on
Saturday about a large house in New-York discredlt-
ing one of our banks when the bank had funds with
IT, and also about its bypothecating the bonds belong
ing another bank and 10 of railroads for It's
own debts. The matter has been kept quiet for some
days but leskiDg out. Several OF our citizens
have been to New-York, and officer in one of our
banks and director III Of railroads Is no.
said TO be East attending 10 the matter"
The Pennington Railroad has been completed 10
| Lambertyile, where il connects with the Bevidere
Delaware Railroad. IL will open for business on
| Monday
! Markets-CAREFULLY REPoRTED FOR TIE TRIBUNE.
FRIDAY. Dec. I, 1854.