New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-02-14
fnTv ,.ous., he Directors to ..eep, Of ny rsisa.

tim ~ pr.sis en- ,,
t,o,,d fbstI i-firrst 1rTsrf Il " A. .i,..
sira letter of ras'gi a'i'n - % d I'D De, rrer
l-s3 bav D. leve- BEEN cons ..r j except FORM
sly from ebi,t g vii - gen ha- ti3 roy SEPT
IT, Office frou 90 o. permarcrcT
ssS .-sor- 81 remaining shor' Qa.loi '-''. -
liom our o.. 1rzafiOn, from tn g-nefAi eap trasi
rneri OF frs.csis afsrs end otnsIAie' A-cl % nj
.r.r at the present. me. c. No. s.,;ss,..
Tte crgsaizafion Of the ConFlay = nov sat,s,te-
49, We have succeeded IN - sniuy the -,.Vic,'
., no centl.rren one a. Director ard Nirs-Prcsi-
6sr, AID the o.her q Genera slPerin'en-el E Of
io,, s,nerisrce IN railrosi management, Of &C
lpoWlefed sbili,y, anf n WON ever! m''n'e' u
m r,erlaritv and system OF both the pisssn-er
al frei.bt traias do nor believe tqaasi by any
rosd Of lie length. TIE financial cT'is = passed.
Tb eoatne d, >, Of the Company has been re u "a
-" eomn ,1.iively small sun. The earnings Of TIE
rod sre increasing The expenses am conh lent,
vii be .asouab!y dlminste e. by Gu present oncer'
When this is scocmIl nhedi the Stockholders mag
lock fer isiurrs from iheU inNestneht The adv an
,ssos Of road 10 the citizens Of Ne~ 1ors 90 the
ipbAfitsus along s line, and 70 the North AID West,
ar. ncnlculable and II will not be oisian Day wlen
IT, men vho had the confidence TO undertake. ani
he erergy sid ability 70 construct, the Hudson
River Railroad will ba awarded the gratitude Of the
Whole conn ubity. With assurances Of my cordial
r.sp,ci | femsip, your 90 {. terv I, l.. D. MORGAN.
Tie Board passed the annexed resolutions
Re,rod Thst Resignation Il Ar Morsi7 .upmi'i-d -
tn nlesiins e. the Boa d. be 'eeepisd 49,,
oif<c
hsb, udeied Mr. MORAN for having oen'>niei 70 tSe
he fee ef Pre.dtnt when deened essential 20 ne Ia
fol eornUsnes sgAnst hi, inc rsfion and a. much per
ps pconyeLsuee - long b. BELIEVED iho's !a's'e'. r.
,ny valuable and services and especially Tor rs h1in
ella still - piovci the mems - H. ~, IN
srd rssed under eiseuu'iaaet Of eiuaodnHJ u
We understand that the Bank OF Commerce has
purcbased the property on the northwest corner Of
William e. and Exchapgeplsce, aud will erect
bank building upon il.
Avery rea. and appropriate service OF plate has
been presented TO Charles A. Heiss Esq, the late
/ Cashier Of the American Exchange Bank, by the
Clerks Of that institution, IS testimonial OF their re-
card for him during his official connection win them
for series Of years past. II consists OF pitcher
| two cobe;s and salver, all bearing the follow
ip,cription Presented to Charles A. Meigs, by the
CLERKS Of the American Exchange Bans, New
York Accompanying the plate there Is set OF
resolutions handsomely written and framed, IN &C
cordance with the design.
A meeting Of the siockholder, of the hncker-
booker Bank is 10 be held a, the banking house on
Thursday evening, 18th inst.
The Manhattan Life Insurance Company has de-
clared semi.annusl dividend Of e cent, payable
on demand.
A ,eesraphic dispatch from Neworleins reports
the Nicaragua steamer FOR New-lork as having ieit
san Juan with 5000 eco in gold.
A correspondence between Mr. II. ID. Bacon and
Mr. VIM IL. Aspinwall has been published in which
Mr.. Bacon, upon the occasion of leaving for ST.
Louis expresses TO Mr.. Aspin vail and his other
friends in this City his deep sense OF obligation to
them for their kindness and sympathy. lie also de-
tends Wall t. from the wholesale denRnciitions Of
the Western newspapers. He adds
ITO yourself and others, who have taken direct
and peronAl interest in the recovery of my house and
il restoration TO that confidence which for yea-s,
believe II has occupied IN the pubic esteem, no IN
ttliceuce scarcely could be more gratifying than 70
learn that lis affairs now fully arranged and that
/ On the 18th inst a resumption Of payment and bust
ness will take place at 81 Louis and elsewhere.
am sure lay many warm friends in S. Louis and
throughout the South and West, will not feel that
have done them Injustice in doing act Of simple
Justice 10 New York believe they will take great
pleasure in thanking New York for having restored
to them banking hou'e that has receive their warn
esi support and confidence.
II wish could express TO yourself and the many
generous frie ads who have mate me strong through
their sympathy and couhience in the early stages Of
my difficulties. and more recently by more .nosian
ta assistsIce based upon the security Of my house
how much ! appreciate such treatment but | an
bankrupt in words FOR fuch expression.
There is much needed and jgdicious movement,
smong our iobhers reduce the term Of credit given
10 country dealers One Of the leading silk houses in
Broadway has taken the initiative step and have
al, pied tie rule Of giving OILY Elk and eight months
credit, taking notes pay able at Bank. The evil Of
long credits hes long been felt by our joobers Sc one
of the mos, dangerous elements in the Dry Goods
business. Philadelphia and Bosion have suffered Sc
yeiey frem granting such credits, in order TO attract
trade flom New-Yoik, and our jobbers appear now
fully awake 10 the necessity OF avoiding a like
fate II our sister cities ike twelve months
I trade our opinion il that the policy Of
New.YoIk is TO let them enjoy it undisturbed
There are yet bit buyers in town and their pur
eiases are comparatively light. We presume the
business of January and February, as far as Dry
Goods are concerned is not more than one-haf what
it was lat year in the same months. The stocks Of
our jobbers, although equally well assorted as last
year are not probably, much more than one half a.
large and the remark applies TO the importers
There will be certainly, this spripg healthy con-
traction OF trade giving buyers an opportunity TO
make collections and pay Of old liabilities.
Messrs Adrian II. Muller Co. will hold their reg
ular seui.weekly auetion-sale OF Stocks and Bonds
tomorrow, Wednesday, Feb. a, at 1911 clock, at the
Merchant Exchange.
Mr.. Drsper sold a; auction to-day
5000 Nashville and Cha,anoos, 3 cent Beads. -
see he~Alespy and salem Railroad Convertible Bonds.
SEQ oio ~ Ms.iSyi R.ie.d sscGai Mstis,ss =
cent Couverible Bon 1850. 50 and s. sad Int
500 Northern IHa AZ. Railroad coaFasy E Bonds,
aoS.~YOTs cssiIai p cent Bond... IS
astssss LeElird lnsGr.nes Company. : 5 each. les
The business the Clearing House sl6 az 800
II is understood that the appropriation Of last ses-
sion by CoDges. 10 pay the War Debt OF California
viii not be paid until after certain legislation By Cali
foruia and until the urodusti1n OF the original