New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-11-08
Tz> philadelphia Ledger says:

Coo, sbiuments on the Lebsh for the week end
INC with Saturday last A. 05s tuDs, and for the
sssso,, Oe7 s25 tuns against ss5 499 tuas TO sane
tine lat ytar-incr-a-e is2,o26 tGps. The tch
on the Delaware Division Of the Pennsy lvania C4Ga
il IL supposed, viii require three four das to re-
pair But al iDterupfiyn OF the navigation for even
single day ~ this late period Of the ye,r is 4ended
with very serious iDcOnv eoience and r.eparlbe loss
TO ell the Iar'ies interssted and il calculated still
further 70 initiate the already sufficiently high prices Of
coal Until the breach is repaired. and navigation
restored, sbipments on The Lebgh will necessarily be
restricted. with unfinished force of boats 20 the
suppl, Of the demand on the Lehigh aud Morris Ca
nails, and # The New York market by the latter ave
nue. The occurrence of the breach is zoe more in
ADDITION to the many similar cases demonstrative OF
the urgent necessity for extensive repairs and i'm
provems Dts 10 the State Canal From the SchuylkiI
region he tun0age has increased the psst week, es
pecially by the Reading Railroad, which reports
80 j6l tuDs, making for the season sl3, 2j7 tans
again ST l,+3l geo tuns TO the same time last year.
The Navigation Company, for the week, reports the
sfipmtn of IA 47s toDs, and FIR the season 7s2,97s
tubs against 1872 432 tuus to the same se last year.
We have report here that the combination formed a
few weeks ago in the SchHylkill region to restrain
shipments Of coal has been dissolved and that for the
remainder of the seosoD may expect the usual sup
ply. Such Is the report
The Rockland tMe.) Advertiser give a most singu-
lar excuse for the s,oppsge Of the Shpbuilders Bank
Of that place. A new Board Of Directors had re-
Gently been chosen who knew nothing Of the affairs
of the institution, and "bs which they supposed
"were in circulation 10 the amount OF slO7 900 over
"and above its legitimate issue were ones that had
"been printed such poor paper to be unit TO go
"into circulation, ard were burnt up in March last
ga record Of which transaction was duly made"
The bank, it understands has at the present time
circulation Of about $50 COO and has due it from It's
customers in good notes not We. ma.ured about
100000.
There seems to be considerable striDgency in the
Montreal and Quebec money markets, and we learn
Of one large and several smaller failures at Montreal
the former with liabilities amounting to $500, ooo
The Cincinnati Gazette states that Mr.. B4ckel OF
Dayton, who has been engaged extensively in rail-
roads, banks, turppkes &C., has been in trouble for
two weeks past and finally forced to suspend on
Tuesday last. The Gazette says:
ole owned the Miami Valley Bank Of Ohio, the
Wayne County Bank OF Indiana and another Indiana
Bank the name of which we do not recoect. He
is also principal owner of several turnpikes, aud is
heavy stakeholder in various railroads. besides which
he has large amount Of real estate Unless bis pos
sessions were greatly overesiimated, he will be aole
to pay all bis debts The notes of the three banks
referred TO are secured by the deposit of State
stocks"
The Chancellor Of the Circuit Court Of Kenton
County, Kentucky, has appointed three Como mission
TO settle the affairs Of the Kentucky Trust Compa
ny Bank of CO,pgton in lieu Of the assignees selec-
ted by the Bank. The Commissioners are to give
bond and security in the sum OF $50 900 for the faith
full performance Of their trust. The question wss
raised 10 the right Of the Commissioners to take
the notes Of the Bank, and the powers Of the Com
mssioners generally. The Court said that il had Lot
made up is mind as TO the ability of the blholders
who held the notes Of he Babk before its failure, to
Offset such notes against the bills they owed in bank
That question was reserved The Court held, how
ever that those who had GO possession of the notes
after the failure of the Bank, could not pay their
debts to the bank with such Kentucky Trust Compa-
ny notes. because the charter of the bank requires
that all the creditors Of the bank shall be paid pro
rata The effect this order is to make the debtors
of the bank pay their debts in gold and silver and
not in the DEPRECATED paper of the bank. The late
President of the bank has published card in which
he says the notes will be worth sevenyive cents on
the dollar.