The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-01-18

Railroad, &; Hudson River Railroad, Ii Miehigaa
Central Railroad, l.
The transactions at the Assistant Treasurer Office
today were as follow. -
Received ................ $22l 052 80
PAID for ASSAY One. Iios o.
wv oi
There will be meeting Of the Chamber Of Com.
merce tomorrow, Thursday, at O'Clock, to pre-.
are memorial to the Legislature for repeal Of
the usury laws Of this State. II is time some strong
decided movement was made In this matter, and we
hoIe that time has come.
The Nicaragua Transit Company have incurred
responsibility in delivering to Mr.. Bacon the let
tiers frtm his house in San Francisco addressed TO
Duncan, Sherman Co. The Transit Company carry
in their steamers private letter bag, over whsh
the government has NO control, and It's contents
are delivered 10 parties to whom they are address.
ed, unless better claim LIS presented Mr.. Bsson
had perfect right TO intercept the correspondence
between his house In San Francisco and his agents
here. Duncan, Sherman i Co.. were the hired ser
vans OF Page, Bacon CO. They received pay.
m, mt for the performance Of certain services, and
Mr.. Bacon, under the sdvi.e Of counsel. took the
as bis own property. II would have bsen very
posst ssion Of the remittance Of gold by the North
en Light, and then TO have had an attachment put
upon it. BY 40 doing, and BY giving tie necessary
70 uIity, they would have retained possession and
used il in their financial operations In these tight
times il would have been Of great service to
them. Before the news Of the suspension OF
Page Il Bacon, OF st. Louis, reaches San Fran.
cisco, full five million Of dollars In gold win
have been shipped BY Page, Bacon h Co., Of
San Francisco, to their agents here, Duncan, Shef
man a. Co. In the event Of that enormous sum
going into the hands Of Duncan. Sherman Il Co., Il
could bs retained then by attachment, upon giving
tie necessary security, and the parties TO whom i
really belonged would 10 compelled TO 60 without
il fer time. sub an accession Of capital at the
present time 10 the only American banking house"
In the country, would be particularly comfortable,
ard be much more available than Providence Plan
tstions or cotton mAnufa turing stocks. The pro
liability Is, that Duncan, Sherman d Co. win not
get possession oil much Of the gold nov on the way
from California, belonging TO Page, Bacon h Co.,
ard IL Will 60 into the hands Of DaLisl HoAdley,
Elq for the liquidation OF all drafts drawn against
II. The business Of Page, Bacon & Co. viii not be
interrupted IN the least That Of Page Bacon will
be closed up as soon a. possible, and there Is no
doubt but that they will show surplus large enough
TO bu up al the American banking houses" in
this city. Henry ID. Bacon and VIM. II. Aspinwal
are . match for provincial fnanciers, beyoad .
doubt, ard We have only referred 70 the co:respon
dence which has already passed on this subject 70
show the mental calibre Of the parties engaged.
In the Supreme Court to day an application was
made by the stockholders OF the Knickerbocker
Bank, for the appointment Of a receiver. The bank
sppensto be in very bad condition, and II some.
thing is NOT done ., once the remaining good ~
sets viii disappear. The directors fairly Quilted the
concern. II will haveto be wound up and wiped
out. II placed In the hands OF careful receiver,
ths depositors may get good part Of their claims.
state ment Of the assets and liabilities IL given In
the report Of the proceedings In the supreme
Court.
The number OF banks established and ioing busI.
ness under the ge neral banking Law Of Wisconsin Is
twenty four, with On aggregate capital Of 81 49,
0O0 The amount " securitics consisting entirely
al State stocks, deposited with the Comptroller, is
81 ,033.0 900; upen which the issue Of cr.ala.ing
notes amounted on The first day Of the present year
70 1887 ,5e2-yieldipg Areyebue 70 the State, by
tar, for the year 1854, Of fls,lGj 90.
Ore hundred shares o. the Tradesmens Bank
were sold II auction today at lO5 per cent.
The warrants entered at the Treasury Department
Wsshing.on, on the 18th inst, were;
For paying Treasury debts ............s 81 loo -