The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-18

sring fractional per cant discount W looh for a
isrxsmsut It would be pretty dimsuis 70 tell where
stopping point viii b now It has touched below ps
Cumbsrlaad, Nicaragua, and Harlem were little bet
to-day, but they were not active. At ths 6rst boa
Illinois Central Bonds fell Of y per cant; Canton Coz
pany V; New York Central Railre I'D, Il Reading RI
road *; Hudson River, 2; Michigan Central Raiiro1
y. Fancy stocks fast finding bottom In Wan stree
and those who avail themselves of the opportunit|
presenting to place their funds in certain securit
win, before the lapse Of many weeks, reap large
turns on the investments.
There was second board to-day, an adjournrn(
having been made to Monday, in consequence
the death Of Robert D. Weeks, Esq, old member.
The steamship Hermann, from this port, for Soul
ampton and Bremen, to-day, carried out $7s7, $50 "a
specie, principally in gold bars.
The amount Of coal shipped from the CumberiaI
region by the canal for the week ending 10th install
was only 1892 TOMS owing to the break on the Wiia
port division During the same week there were ira
ported over the railroad Of the Mount Savage Compa
1921 and over the Georges Greek Coal and Iron Coz
pany's railroad TONS making an aggregate III
those two roads, for the week. of 9,275 No report IT
Piedmont or Cumberland cpmIAny's road
The anthracite coal trade continues active and
price of coal frm The shipments on the Lehigh M
CATION for the week ending Saturday last, 80 BAL
and for the season, 26o, 1914 TONS The tonnage On
schuykin canal, for the week ending on Thursday,
"a $50 TONS and for the season. S07 ,06S IONS, aga
Pea 18 tons to same time last year.
The Boston and Maine Railroad Company have decia
a dividend of four per cent The Eastern Railroad
pany four per cent payable in East Boston Ferry 81
The Cumberland Telegraph gives the following accd
of the operations of the old and Board Of Director
| that place during the recent election =
The old board appeared, backed by counsel, to cont
the LEGALITY of the election, basng their objection
the ground that sufficient notice had not been gvens
that as the transfer books had been enjoined there
no evidence before the board showing who were 81
holders or who were entitled to vote. An animated
cusson took place between the counsel employed BY
respective parties upon this question Finally the q
appointed committee of seven, including three ns
by the old board, who, after hearing counsel, dec
that due notice had been given, and that the certii
OF stock were sufficient evidence with the proxies Of
right of the parties holding them to vote. An eec
then took place and the following new board was
ted President, Andrew Clark, Esq. Board Of Dired
--Messrs. Thomas II. Faile, David Stewart, John
Evan Stevenson, A. B. Marks and Henry KEY
After the election 1t appeared that ,29S shares OF
over and above the shares authorized to DO
by the charter had been voted 1t supposed that
fraudulent issue amounts to about 81 200, 600 Or
day night, the old board fearing that they would
headed off, executed deed of ASSIGNMENT, transfel|
oil the property of the company, real and personal
p. Roman and Charles S. barrow Esquires to be soi
the benefit Of the creditors Of the company and Mr.
an attachment for 100000. It was generally SUPP
that the Totten property had added great value to
possessions Of the company, but upon examinst,oI
in the company but in Fl, MALI the President, who ;
it convenient TO leave suddenly for Europe, as soon
was discovered that an over issue had been n
The old Board having refused to deliver the books OF
company to the reform Board, the Office of the com
in this place was forcibly broken open Tuesday
the Sheriff, in execution of process Of the q
and the books and papers taken possession
It is rumored at Cumberland that it is the
tenton of the assignees to lease out the mine
The stock sales in Cincinnati, at the Stock Board,
chants Exchange, ami at private sale by Hews4
Holmes, for the week ending June IA, were as folo
es shares Ohio and Mississippi Railroad stock ntesd
same rate, IS As Covington and Lexington Raj
stock, interest at same rate SO; 2o6 New Albany
Salem Railroad stock, 40; 100 Cincinnati Wlmingtoj
GAINESVILLE Rsilroad stock, TO- IL National Insuranc
stock, Co. o5 Eaton and Hamilton Railroad stock, 81
Ohio and Mississippi Railroad stock, 80; SO Little
Railroad stock, Tex div 1903; 20 Farmers Bank of
lucky stock 107 SO Madison, Indianapolis and
Railroad, As; 80 Columbus and Xenia Railroad stool
div 1907 so Ohio Central Railroad stock, 49, rs <
ton and Lexington Railroad stock, So; Is Indiana c.
Railroad Stock rs; 81, 600 seven per c.nt bond Ia
Co., Ohio, 75c. bid "a shares Cincinnati Hamilto
Dayton fRailroad Stock 81; 20 Marietta and Cine
Railroad stock, 5o 30 Southern Bank of Kentucky
1902; 20 Cincinnati Western Railroad stock, 49,