New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-11-06
Az fsy an We could learn, the hes-y psymeets Of
10 day were nada with no protect. Of any hou.es

u day were made with no protests Of any houses
az isportapce. In one Bank with siOo, 900 ms
turing had M protests excepting Of some collection
notes AnQther Of s12O,Op maturing protested %
$500. Doe street bank had 800 notes iall due We
hear Of en- suc,icneer bills receivable in Oco-
Der we're O. 200 900, Of which the whole, with few
unimportsnt exceptions. was promptly paid. We
are truly glad 10 report these instances OF the gene
raj soundness ofour mercantile world. On Friday
Nessrs. J. A. w sstervelt g. Co., ship builders, were
obliged to make an assignment. They owe, we he,r,
about s275 900, and show nominal surplus OF $780,
900. Emsarassments from numbering operations in
the West with his son. reported the cause OF Mr.
Westervelt's suspension.
A draft Of $50 900, drawn by the Auditor OF Ohio on
Mr.. A. P Edgeton, the State agent, in favor Of the
Western Reserve Bank, was protested for non-pay-
ment on Friday. Mr. Edgerton, the Transfer Agent
Of the State, we are informed, did not hod IN IL.
hands time drafts as stated in The ETpress, ana
even if he had held such drafts he hss no auhorty
to use them before maturity, or to borrow money Oh
the credit Of the State for any purpose Whatever
He IL simply disbursing officer with imiled ana de-
fined powers. N duties are to keep me transfer
book, for the convenience Of the holders OF Ohio
State Stocks residing hereto pay the semi sunnai
interest On the State debt-to redeem The Stocks OF
the State as they may mature and TO purchase, at
fz,d RATE. such Stocks Of the State may be pre-
sented q. his Office TO the extent Of tlOe, 900 per
month The funds in all cases are TO be provided by
the Treasurer OF the State and placed here under the
control Of the agent for the above specific purposes
and for the safe keeping Of such funds when in his
hands the agent is required to give bonds TO the
State in the sum Of 5000 600. II the Treasurer fails
or Deglects to supply funds in season. the agent has
no power TO 90 into the market and raise money On
the credit of the State to make good any deficiencies
which may arise as in the present case. Owing 10
the strDgency in the money market and the scarcity
Of exchanges in Ohio, the probability is that the
Treasurer has been temporarily unable to place the
funds here at the moment TO meet this draft but there
can be no doubt but that he will do Immediately. The
parties holding the draft feel well assured of this and
will retain the draft with this expectation. We can
not zee that the agent in the least to blame. The
draft which has laid over is drawn by the Treas
urer on the agent here to pay for come Stocks pur-
chased by the State Auditor out Of the regular
course of one Of the Ohio Banks-and the Treasurers
for renting the funds here to meet the
draft has doubtless been embarrassed by the causes
named above.
Albert ii. .Nicolays regular omi-weekly auction
sale of Stocks and Bonds will take place on Monday
next at l2I o'clock, at the Merchants Exchange.
The imports Of Dry Goods in October, thrown on
the market were s26s5,l90 against e. l4s same
month last year, decrease Of 81, 474959 The az
g.egate for the year thus far Is s74253,9s against
$50 sl2, eco, showing decrease of s,4iO,932 In
cludipg the amount warehoused the receipts show a
much larger decrease.