New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-04-04

were, for
March, wv ~
March, 1874. i'f,Efv
Increase. 500 10
The steamer tomorrow will take 81 100000 or
Oh 200 OoO in gold Of which about 5000 900 is in bars
and foreign gold. There was but little over NIL
Ion engaged late this afternoon at the office OF the
company, but The amount will probably be increased
Tomorrow. The Philadelphia, for Havana, TOOK,
yesterday, $50 s3l 70 in coin, considerable portion
Of il foreign. The predictions OF Of the bank
ers that Exchange would decline so as to check sp'-
Gle shpmfnts have Dot yet been sustained by the O.
suits, bat hey Gre still confidently msoe, the time
when only being Douponed. The Southern rivers
having now risen coosider ,bly, these predictions arc
made with more confidence than ever.
We sincerely regret 10 be obliged 70 announce that
ue maturing Obligations Of Me7srs Page n Bacon,
Of st Louis and Messrs &c, Bacon & Co, of San
Fraucifco, we're not paid to-day sir. Hoatley, the
agent OF the latter house received directions eay this
morning written last night, from Mr.. Bacon, 10 make
No more payments The drafts ~ Messrs Page a. Ba-
son were refused by the Bank of America wbchis The
correspondent of that house il this city. We cannot
cav at this event unexpected but IL is none the
less amen,able. The ST LOUIS house, immediately
after liz resumption went with fair amount OF sue
oess, and would probably slowly have reeumed i'S old
position but he failure cf the California house gave
severe shock TO lie credit. Without any appearance
Of a run, the deposits quietly Withdrawn, until
from $500 900 5000 600, which they reached day
or two after resumption, they had DO vn to less
thsn sl50,0C0. The non-resumpton of the San
francisco house as confidently promsed by the
resident partners, hiss been severe d'sapponi-
meDt TO Mr.. Bacon, and the news from New
Orleans yesterday Of another pos'ponement OF
that event precpitated the crisis. Nj. Bacon, we
unSerstand had assistance offered him, but IN h' an
satisfactory conotor Of the st. Louis boue, and the
great uncertainty in regard to the Cajornli house.
be preferred 10 make no further attemP' to "a on.
Both houses will now probably 20 into liquidation
The resuu ption oi the hrn Of Page, Bacon IL Co,
from the first, rested upon the availability of the
$3.50 600 over.reuittcd 10 NexYork. i. is under
tteod that very large portion of this amount vas
used by Page & Bacon in sustainng their resump-
ton and Of course is now unavailable. The oeruu-
Gates Of Messrs. Page, Bacon g. Co were selling in
San Francisco AZ go The Times and Transcript,
received by the Star Of the West, Gays:
We are infor ued by Msssrs. Page Bacon X Go.
that they are exorng themselves with the greate,i
energy IN order 20 he able to resume their business
ut an early day and Nth every prospect of success
They aso inform Ut thai but short time more is re
quirt by them to enable them again 10 open theil
doors AID prosecute their business as OF Old
Thu is not very promising, in view Of the statement
made by them that they wonld on the 2sth Of
February. Ia regard to the sdviees from New York,
the same jonrnsl says:
1.-The Intelligence relstiug 70 thu affairs of Page *
Bacon is viesed in rsther discreps1i lights by 'he
publis on THE side. IL would seeu that there was
strong probability that the ~. Ions nouse would
speedily resume business, but the conclusion can
scarcely be avoided that such resumption would DO
dependent on AID rom California, Such was certain
Iy the view of the entertsned Ia New. York, as
the reader will no doubt perceive by referring par
sgrsphs in The HeraA and TRIBUNE q wei A. to
the letter of our own correspondent to b found ia
another column On the other hand .one of the
ffiends Of tie San Francisco hou'e contend that The
aid referred to applies TO the $40 900 charged in the
assets of Page Bacon Il Co. TO the ST. Louis house.,
and not 10 the $500 900 which the firm here Allsge
they have 10 their credit in New ,rk. For oar own
part Of the opinion that the $40 600 charge
was for q sum furnished prior to The dste of the
protest Of Duncan Sherman & Co.. and it so, either
the journals mentioned and our correspondent are
mistaken or enough of ths accruiDg $3.50 900 to re-
move obstacles ia the wsy of the st Louis house,
would be likely to be applied by AIR. Bscon TO ac-
conpth resumption This would probably re
duce very materially the fund TO the credit of The IN
Francisco house ard render IL doubtful whethe-, OF
70 what extent, drafts would be met. We c.noOt per-
ceiye in what manner the house here could speedily
resume while a doubt remained ss 70 the iute gritty OF
large cash balance 20 ts credit in New York. Ac-
oerdiDg TO its exhibit II certainly has not sufficient
asset independent Of the $500 600 its hsbl-
tiles even by retiring the $40 900 emplsfei and
supposng all other assets than the $40 600 charged
to ~ Louis to be available. But mast confess
thai In common with nearly every one with whom we
have conversed on the subject we do not see very
clearly into the merits OF the various statements AZ
have appeared In relation TO the Suspension of the
two firms do think it necessary on our part 70
attempt the elucioation Of the mystery"
The Suspension Of Messrs. Page x Bacon Il WAS
feared, might prevent the payment of the interest
upon the Second Mortgage BONDS of the Ohio and
Mississippi Railroad; but, upon inquiry, we learn
that the coupons are promptly paid upon pressnta'
ton.
The City of Brooklynis in market for losn OF
$3.50, O0O six cent?, the proceeds to be used, we
believe, in paying of maturing obligations See al
vertsement in ar other column.
The Harlem Railroad offer, for sale $780, 900 Sec
ond Mortgage y Bonds, being part Of an issue OF
one million, payable in 1864. This issue, added to
the fret, will make the mortgage incumbrsnce upon
the Road four million dollarslees than fifty p cent.
upon its cost up to this time The proceeds of the
bonds now offered will be used, first, to extnguish
the floating debt Of the Company; and, second, to
complete the double track to White Plains and erect
some few station. houses required on the line OF the
:. =. II hAd nr an A