New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-08-14

present them at is counter FOR redemption. The Di'
rectors say
"In view Of the sudden discredit into which this
Bank has beer precpitaed, and the difference OF pub
lie opinion which bave been excited in reference To It's
Organization aid OPERATION it is resolved by our Board
that at proper time an expose of its affairs and OF
the movements Of interested persons hostile to lis ex
isteDce, be made"
The Independent furnishes the following list Of fail
uIes suspensiops &C, for the week
George Davenport, Boston Mass. suspended.
Yoqig Jsyne, carpets, New YOt City s.,isuedi abii
fb sSo tssAss S Of s1fA city, sd
:! " Jororrnop, shoes" New YcIk City suspended
bUnson spTarne, johnson, N Y, assigned liabilities
Loo FBToosyn d aSd ea
fd s p ss s,S1;t Ad e MN s';snsd
jS% Mscs$s: Si,sig$ y Y f:isd and assigned
A w fRs s:la r!fS%H pS.d iS Penn suspended
Middeaocl Lindsey, Lewrspcevi,a Penn failed
Barton a Daniel, Caution, Ga, suspended
VIM y. Mullins, Canton, Ga suspended.
Bell Beschaup Paducah Ky; suspended.
e %sntS saR" Cincinnati ahnn o%o failed
DANIEL K Frszay I' Weisvilie' Ohio. assigned
Sternbers Il Iseoore Chicsgo. Ill failed
Hutchinson johnson Detroit, Mich failed
Reddng Gii.on, CoIoma, Mich, assigned
II. q. Koop, Maquokee, Iowa, sold out and suspended
&c. Collins Toronto. c. w. assigned and left
The same paper thus remarks upon the Dry-GOods
trade:
at has been correctly remarked that the reduced
duhes on imported goods falling On higher cost OF
importation tbtR last season. realize higher prices
tins The importation is thus tar very limited.
Trade backward, but has fairly opened and prom
Uses well. The signs of promise cOnsst i'll improved
collections making i'll the West aud Southwest and
North and in tlc increased means ar-ing out of an
abundant harvest for replenshmen OF stocks, which
are lower than usual even for staple goods Silk
goods are steady in price, and fair business is doing
III both fancy and staple kinds Assortments are in
get d variety, and Of Inviting character.
~ here is serious difficulty eXperie need 10 getting
goods through the Cuson,.HOus which has checked
business rot II little and nconvenienced many import
era who now want their goods for livery. Au the
leading houses who are independent If risky trade
re limiting their credits. Credits beyond Elk or
igbt months dangerous, ana 0re unnecessary Tor
goods sold to those who want only the fine usual Tor
furring their goods into cash which Is generally Of
much shorter cate than the credit they receive.
"FoIejgl wooens in better demand, and at
steady prices In ribbons We observe large supply,
both OF old and new stock. Some sales have been
made ard prices are firm at an advance on those oil
last season. Prices steady, with partial advance
on cotton goods. There is a considerable stock OF
both cotton and wooden goods III he market, AMI
there is disposition eSinctd to offer more reeiy
through tie auction room, relying III suppoSel
bpO) ant feeling in the market. Brown sh-ennSs
have advanced &C."
TIE failure Of the Rev. iir. Jarvis OF MIddetosn.
Conn, reported and the cause assigned is aat the
holders Of Of tue protested ac'Tpts nces of the
Clicegc, St. Paul and Fond du Lac Railroad CJm-
papy, on hch be is unfortunately an in1orser be-
coming impatient have proceeded agalnst MIN by
attachment.
The gross earJipgs OF Toe Boston and IIaine Rail
road for the year eIdng JuBe L. $780, were $9O5,9li.
Tie regular expenses including 81 GO FL. deprecia-
ton for rolling ,cck and 81 600 for widening Charles
River bridge, weIe $j0j, 56l This leaves net sur
plus of 500 33. From this letter deduct SIS 900
for renewals Of rails being e!aid, AID 2i9,3i2
which has been paid in two q cent, en.auuual
dividends and there is surpuf remaining of $i360ll
NEw.YoRX. Aug. II. 1851.
To ~ Predeat and Directors Of tH Michigan Sosil.-H and
Northern Indiana RallyOls CoHpdny
GFRrLFMEN: The undersigned have been appointed
a COMMITTEE on behalf Of the New York Stock Es-
change to confer with your Company on the subject
Of issues of Your stock which it alleged have been
Mede informally.
These allegations have assumed definite shape.
ard can 20 longer be regarded as anonymous.
Understanding from Mr. President Lltchtield that
meeting Of youl Bosid viii be held to morrow, We
take tie opportunity place this matter before you
for such action as YOU may deem proper, and to re-
cue st that you will afford opportunity Of ascer
taUng the precise facts in order that we may mpart
fully ard uDderstandiDgy 10 our colleagues, many Of
wloIn holders Of the shares and bands of your
DAVID GaOEsBECK,
A. CAMfBELL.
Orrlcr or THg MICHIGAN tOUTHERS AID NoarKERyl
INDIANA RAILROAD Co., No. IS William street ,
Nov York, Aus II, 1851
Nessrs DAVID GRoLsgEcE II A Johnson aud
A. CAMPBELL, Committee, Lc.
GerticmeA: Your communication of yesterday stat
ing that YOU have been appointed committee in
behalf of the New-York Stock Exchange 10 confer
With this Company on the subject Of issues Of its
stock which, il is alleged have been made informal.
w. hes been received AID submitted to the Board Of
Directors.
We have seen with regret the charges which have
been made in the public press Of en- over issue,
secret or in proper Issue Of the stock Of this Company
The facts Of The case, We are sure, do not justify
such charges.
The authorized capital of the Company is 81, cO0
GC0. The amount actually issued aud sc.d shown
by books Is: OF old $109 100
In addition 90 The amount actually issaed 10 the
public, the Company has occasionally, as is well
Known psed limited eiBogAt Of iis ul-ssued capital
stock Va the sa,ue manner 1t uses its Ibs1 bonds,
as cciat.i security tor temporary loans. In all sneh
regular accounts haze been KEEP upon the books
of such by pofheceied secuIities-whe Their stock or
bCpds-but the securities Themselves have not been
O. nsidereo or reported as outstanding liabilities of the
Company for the reason inst they were merely collt
.Is TO other obigatous which were stated under the
cad Of R;ls vabl.r lltteY Lodls.H Ia bavc