New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-01-27
Clfarings for days ending Jan. 10. -. l5l55A674
Clssrinss for 9 days ending Jan. 90. l305e955.
Balances for s days ending Jan. ls.... 6s65s25
Ralancts for daNs ending Jan. e6.... kllIOl0


The PHILADELPHIA Ledger of Saturday, in aldding to
the bill before Congress reducing the valuation OF
Spanish fractional pieces, says:
Zone hundred dollsrs OF Spanish quarters, weighed
Yesterday az jewelers., were found 70 contain ~
ounces and pennyweghts, which, at the Mint valua.
ton Of 81 224 p ounce, will be worth s97 20 or about
II T. ounce lees than the nominal value. Five hun
dred dollars in old quarters sent 10 the Mint and consd
petted sl79 or about p cent less value. The real
value OF the Spanish quarter as silver, making allow.
ances for the wear and dirt is about 80 096c. On the
2l cent pieces the depreciation is about from 10 to II
T. cent, and the g. cent pieces the depreciation is
from 20 TO 30pe. cent"
II will appear by the annexed circular addressed to
the stockholders of the Michigan Southern and North
en Indiana Railroad Company, that they are Invited
to subscribe to the unsold y cent bonds Of the De-
troii Monroe and Toledo Railroad Company, gusran-
teed b, the Michigan Southern Company. The terms
are given in the circular and liberal. S,)ckhold
ers only are entitled to these bonds:
To he StcekAoders If The Michigan Southern AID koyisTa
IHGiaEd Railroad Company
On the DIST inst, the Board of Directors Of the
Michigan Southern and Northern Indiana Railroad Go.
passed the following resolutions:
"Rsiored That the balance Of the million Of dollars
be Issued 10 this Company by the Detroit Monroe
iRS Be od Company 1
svit 70 each Subscriber bonus Of tSenyhs " cent the
90 Railroad Company the amount Of Bonds allotted to him,
each sockhoder being liberty 70 subscribe for such amount
choose without reference 20 the amount Of stock held
By HIM bot should Subscriptions amount in the aggregate
to more than Of Bonds then remaining unsod the
same ha be appooned ra,eay subscribers be
paid for cent the goth of February next % T. cent
March TO- ~ cent, April Il 20 y cent, April % % = cent
Any Subscriber may be entitled receive hi. Bonds paid
full ofh, subscription and each ,nbcrber shall be allowed the
privilege Of paying p. subscription a At any 0e Por :.
ofntee the option 20 subscribe fT said Bonds to close on
The Bonds offered to the stockholders in accordance
with the above resolution are the fret and only Mort
gage Bonds being for one million OF dollars, IN Bonds
OF 0O0 each Of the Detroit Monroe and Toledo Rail
semi annually in the City of New York on the frat
dave of Of February and August in each year. and hav
ing 20 years to run principal and interest guaranteed
BY the Michigan Southern and Northern Indiana Rail
road Company. The stock offered sc bonns % an e
cent stock, also guaranteed by this Company.
Stakeholder, only IS will be seen by the resolution
and the right TO subscribe will expire on the 10th day
of February rext II you desire to avail yourself OF
the priyiege YOU will please subscribe fer the number
of Bonds YOU wish to take, the ne.osed subscription
paper and return the same to hs Office without delay.
EDWIN c. LiTCHFIELD, Treasurer.
RR. Co.. Nc. u William street. New-York, Jan. o. 1857.
The Bank troubles among the Illinois and Indiana
free Banks appear to be increasing, and large amounts
Of circulation are being sent home for redemption. The
Auditor Of Indispa, it appears by the annexed extract
from The Lafayette Courier, has placed himself, by en-
indiscreet act, in very embarrassing position TIE
Courier says:
From reliable information placed in our possession
today we arc sbe 70 give the 10 lowing fscs rel
TO the failure Of the Gramercy and shawnee BANKS:
According 10 the Auditors Report, the orcalalon vi
these two Ranks ia COO OF this the Gfamercy has
s3l Geo. and the Shawnee sl2, eco. This elrculal2n
was secured BY State Bonds 10 the amount OF $o5OVO
Under the meudment to the new Banking lag, ~
cent additional security was required ID Dc aepoeed
with the Auditor; but as the time given ior depositng
additional securities does lot expire until the 2tn Of
Msrch next the Grsmercy snd Shawnee had not COM
pied with l. Tie State Bonds however, 70 me amount
Of SOS COO uuder the lss remained In the hands OF tne
Auditor and furnished ample security tor the crcus
ton This was the positiOn Of TIE Bank when Messrs
Nesep and WLeeIock conceived the idea OF inyesung
N the Bedford Branch Of the new state snk In or
Ger 70 carry out their enterprise became neces-
sary to Obtain possession by soma means OF the
State Stocks IN the hand Of the Auditor.
TO accomplish this, they went 10 indianapolis and
reureeeped 10 Mr. Tablet tha. they desired 70 use the
bonds r few days in order 10 facilitate Their Bedford
purchase and offered him aseclrty bond signed by
rasnnnsbe business men of this city, guaranteeing the
return OF the STATE bonds within specified time. This
se.ritv pr Tsltot sssumed the responsibility Of
eeptins ana gave them possession Of the binds. Toe
stocks hsye not been returned, but II highly prooa
bic tha. as eco Of them viii be saved, a. Mr.. Talbot
teeeraphed 70 New York in time 70 stop the transfer
of inst amount. This amount viii be spilled to the
rSerut;on ~ the notes Beside, the Auditor and his
securis are responsible well thcse whose nsnes
aye upon Ne1on and Wheeocks bono for the retum OF
the stoeks The Auditor has been oyereseLed by
ses:epipg men, ard inveigled into the commission Of
great vrorg but rom whs. lesrn feels disposed
10 make the fuest repareon 10 his power. To this
end ne pledges every dollar he s worth in the world
And We honestly believe tha. the outstanding notes Of
~ L. "a =.