New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-12-13

The Lrmar Fire Insurance Company with cash
capital Of s200 OO0 has commenced business at NO. oo
w ELL street. Edward Anthony, President; Bradford
KDspp. Vice-P,c ident and j. X. st. john Secretary
TIE Buffal" Z New-York City Railroad was sold
vest.oav al alo under foreclosure of the second
mortgage. The price obtained was SHOWN subject
to the previous lien of about 81 900 900 About $4,000
worth of the rolling stock was also sold. Mr. Pa,chin
was the purchaser of the Road 1t has been for tue
last year operated by the Erie Company, and we think
les not paid more than running expenses aud repairs
Tie Pa. npsic Kiver Railroad being unable to pay
lis bonds, that became due Dec has been assigned
TO trustees for the benefit of the oondhoiers.
There enc 10 important new developments IN
regard TO the cases Of Mr.. ". L. Thompson aud the
Pa,ir g-Teler of the Bank of Americs. The amount
If Mr. TLon ne operations is increased to s2o,Voo
person who knows Mr.. Thompson well states posi-
tvely that he saw him i'll Brooklyn on Wednesday af
,elnoon but lie is probably mistaken in the time The
first false step of the Teller of the Bank of America
appear, 10 have been an unintentionsl one. lie had
certified check Tor 81 000 in the usual way, which,
however, was no, made good. He then alowei the
party drawing the check to persuade hun to certify
III other dated ahead upon which the money TO make
II frst ont good borrowed, it being understood
that il was neve. TO be presented at the bank. The
fatal rrur of The Teller consisted in not reporting
tie f , overdraft to the officers OF the Baak.
After ing induced 10 make the second certificate, he
was u"uced TO repeat tie process until the amount
zone, rat exc, doG thirty ttousard dolars Same OF
he oi,,,ts r,,d for loans which could not be paid
were presented the Bank and the explosion neces-
ssrly followed. The friends of the party whose checks
were certified, and who wealthy, then made the
account good but not in time to the confdng
teller who as far as can be ascertaued had the
use of dollar of the money obtained from the Bank.
There is an active demand for Money in stock cir
css, and difficulty in changing loans. The Shoe
and Leather Bank, the depository of the city funds
has caused portion of the stringency by calling in
large amount of the loans preparatory TO paying of
some million and half of City Warrants Monday
next The interior balances increasing here from
tie sales of produce and enables the banks aud bank
ELS 10 supply large portion Of the street demand.
Paper is in better supply, and the rates are hardening
The money FOR the last two weeks OF December aud
the frs. two weeks of January is generally stTn
gent than after that time
Aquestion bet yeen Mr. j ioob Little tad one of his
c4editors a n ember Of the Bead Of Brokers, has at,
racted much ate nop in the street 20 day with some
diversity of opinion to the rropriety Of the staud
taken b. the creditor II appears that on the td inst,
iie day before Mr. Lttle suspension, he transferred
to the party. in question go shares Reaaipg worth
some S2o co., for which in the hurry OF business, he