Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1857-08-28
C...e. or tbe heavy RaIIures 80 she East.

! cause. ef he nsa7y Y.Ilsrs. IS .,hs 20,
The following paragraph. which re tind L
the Albany Hin and ArgEs, indieates one
the many methods in which speculatOrs Plun
der The public:
During the last seTety-seven days the sale:
or the stock of the Reading Railroad amounts z
37I .63S shareS-exactiy 1855 shares NOR
80, the entire ssoc5 Of the company At par
~. sn,ovrt exceeds 81 600 000 and IL the AZ
crage per day C44,IT7 shares IS kept up, inc
IgSiness Of the year IN Raiing alonc, viii amount
7 10 al Iss 5O1-1I,dst II, tt10,O0O more thar
The banking capital Of this city. But, notElth,
,4enfi;n. the amount and the furOr that Is kept
o., ,1 ;lI subject the stock IN the city neithel
iaereas.s u ,iilaini-ileS. ard the lnDocent OF
sa0nlIEy inclined citizens in the shape OF inter
est and commission, Grs o3sgs4 e Iork 7fe' q
f,eesa four dad lies j. iliiSAs OF d0LiaTt-
Srocz GGxsllxa ~ NEK YoRE CIrr.- In the
\. Y. IIsaes, Of Wednesday. we rad As follows:
The Stock Exchange, as At present Enan9gedr
i VerT EIttIe more than an eHoTnons tnollng
estabIishment-and the whole sea!s o. rs ~
atoms i quite as rl1inous quite As demoEallElng,
anf.s IS ise1snous As any Of the BTczdFay bells
which have recently enjoyed the attention oil tae
Metropolitan Police. When IN Exchange IS de-
r6fel tosits legitimate use,-tbat Of facilitating
The Exchange Of real values and SERVING sS An
a1ent b,etreen BUYERS and sellers, who IseS the
leisure. the skin or the knowledge to transact
bus1ness of this kind for themselves II IS I'M
doub,edIy a useful and laudable Institution
Raj he New York Stock Exchange does just
enough OF this kind Of business to keep up APP
peaTsnees The pEinniPai occupation Of its
members is gambling, and they carry Il on by q
systematic cheating more infamous than playing
with loaded dice, or any of the dcgices Ei1ch
brand the professional and law hunted gambler
Trey sIindIe not only the men who play the
game with them, but they rob every person who
happens TO have his savings invested in the
stock which supplies the material foT their ne
furious schemes.
EFTEcTs or THE PALraE OF The ONO LIE
AND Tgrsr Co4PAxT.-The n. Y. Esprsss Of
Wednesday, says:
The suspension at the Ohio Life and Trust
Company has been followed to-day by that Of
Mr. John Thompson, who has for 50 many
years done the leading business in uncurrcnt
money, and acted as the agent Of various banks
This suspension has been wholly unexpected,
and will cause an inconvenience, the extent OF
which cannot now be estimated. The assents Of
Hr. Thompson are largely in Bank notes, not
available At present, and in other securities,
alike Of small value in the present excited state
Of the market Other STOCK houses nave also
suspended; among them DeLaunay, lselin d
CLARK, and E. s. Monroe. The embarrassments
OF the for7ner thus for extend only to their Stock
business. Tie house, however, are understood
to have purchased some exchange on short
time. - =
The affairs of the Ohio Life and Trust Com
pany are freely discussed in the stceet 1t is
stated that the Pittsburgh and Cleveland road
OTIS It $500, 900, fer which its bonds arc pledged
The Bank Of NorwaIk has IT'S account with the
Company, and reports that its funds, as well as
its collection paper, have been used ny the
Trust Company, in common with the collection
paper OF other houses. The funds Of many
Western travellers are also made unavailable,
causing much personal Inconvenience No
Statement has been made Of the affairs of the
company, but it is understood that within fc.
days full exposition will be made.
LEGAL PROCEEDINGS AGAINST TUE ONO LIEE
( TRusT Observation-Disclosures same
paper still further says: On Monday and this
morning Judge Peabody granted fourteen at
tachments against the Ohio Life Trust CO.
The Sheriff has taken possession of the office in
this city. The following is the list of the plain
tiffs III each action, and the amount of the in
of the Trust Co. TO each is set oppo-
site their names: