New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-12-20

TUSCANY SEQ aIl. oI2 500 2scO 2.3s
The Directors Of the Reading Railroad are soliciting
the Ir9yes Of the English shareholders, to be used q.
the approaching annual meeting. In asking for proAes,
we are informed they desired ito be usei in sup
port Of resolutions divesng the managers OF the power
Of creating debt obligation in any form against the
Company.
Satthefthvate's circular says:
" 1t appears to rs very extraordinary tha the Dr.
Ieciors I'VE regard Directors and VI tnagers OF the
Reading Rsilrozi the same body shou1 seek to be
rsnei rom doing wrong; sure II they had shed
not TO eDharress the Company they wou' never have
urred the large foa Dg deb. Of tbe Autumn OF 1897,
which bToUs al the concern 10 the verge Of nkruptcy
1t would possibly have been well hid tnsse restraints
been sought be fore largely Kissing il Lot almost
constructing, the Lebanon Valley Reilrosd. Englsh
prop1ieiOIs would think, be glad to be informed
whether the Lebanon Valley investment has resulted
nisss HEM m C StS e as der haa any influence "
A large sse of Boston Fee per cent Socks were
made at auction in that city yesterday at to Ii '
celt premium The average interest Of tie City Debt
is j.l32 cent, and portion Of the deb. paying only
g. T. cert. IL the meantime New-York City Sr per
cent Stocks drag par.
The anthracite coal trade shows a further increase
over the trade of corresponding time lat year The
Schuylkill Canal shipped for the week ending on
Thursday last L. i9i tuns being al increase Of 10 $50
tups, as compared with the week ending came time
last year. For the season, the shipments 1913 Sji
tuns being al increase Of a. 299 last seasons
business TO the same time. The Reading Railroad
bro uglt down for the week fl 80 tuns being in
crease, as compared with corrcsp ending week last
year, Of 30 turs. For the season, the tunnage IS
$50 96 tuns against SIP Oi2 tuns TO same time last
The Lehigh Navigation shipped. for ice week
ending Saturday last, 5,6l2 tuns, an increase OF
i,5s turs on the tunnage OF corresponding week las,
year. makiT the tuunsge for the 9ssj0 tuns,
Mt 81 ! tupS Ia Tie last benz
al increase Of is6tuus. The Lebigh Valley Railroad
brought down, for the week ending Saturday last,
l25s7 tuns, An increase of 3 on the tunnase OF cor.
responding week last year making the unnage Tor the
seas, iS6g1S tuns against 49, 20 tuns 10 date
last year. being increase Of 81, 2j3 tuns. The az
Create Increase for the week is 10 100 tuns, and
ducug the total deficit for the 20 IS 0JS tuns
The shipments Of Coal over the Delaware, Lacka-
wanna and Western and Central New jersey Railroads,
to Ezabethport, for the week ending Dec. T. amount
ed TO IL 5s tuns being au Increase on the shipments
for the came week last year of 500 tuns. The total
shpme nts these roads from the IL; OF January
1853 amounted to 396 979 tuns which is l!3, SO tuns
over last year.
The Ere G0-ttte says
"There has been an improved demand for money
within the last three days and the market yesterday
rather close, with general disposition on the psIt
Of tire leading houses To cUrtai, temporarily their
discount lines This change which operates against
borrower is attributed in great measure 10 the fact
that this IL tsx-peyng week Rates Of interest are
10 t. q cent, ano in oatsGe circles very little desr
able paper IS TO be bad.
" L. Eastern Exchange rates slightly better than
on last Tuesday with material falling OFT ia the sup
ply, but in aDticiI o increased offerings, dealers
do not generally favor an advance though some are
strong ely If the opinion that bankers checks Will rule
at premium, within the next two weeks. Yesterday
premium Was paid over the counter for checks oa
al the Eastern cities and in 10 10 ~
realized COR New York. The selling rate was ! pre-
minm.
1t is extremely doubtful whether in the Uui.-
ed States Court should send the Marshal WITH posse
to take of the assets OF the Trust Company
now unf Ter control of the Sheriff. they would be found
in the strong box of thSt officer. They probably
by this time laid uusy away in some private safe,
some secure place where the Sheriff lay bis hands
upon them, bot the Marshal cannot. So the latter
officer would march back With hi friends as empty
handed az he went. The opposing forces would there.
fore have nothing to fight about, and nobodys skull
would get cracked. We do not know such to be the
fact that the Sheriff has taken the assets under his
private keeping, but az prutert III he has doubt
less provided against any necessity for collision.
The delay in the United States Court has given him
ample opportunity 10 do So
At meeting Of creditors OF the Ohio Life and Trust
Company at Cincinnati, several resol 1,ions were
SEQ 5ted. TIE st expresses preference for the bill
Of Bell X Grant, in the United States Court, in the
administration Of the assets without any lafcaon.
In TIE s.cord the creditors object TO being dragged
into the Superior Court and beirg male parties to the
suit Of Spinirg & Brown. In the third they prefer
the bill IN the IL ited ate. Court because It looks TO
the individual liability Of tie Trustees. Tae fourth
has Teeieuce 10 the efforts u the Trustees drive the
creditors into a tribunal Of their own choice. The
fhl asserts ihs there can he safe administration
of tie assets while there a conflict Of jurisdiction IL
the e. Urts no debtor would feel sale - pay ng 10
II e. receiver of one or the other.
The otteI resolutions, three in number, had refer
erce to the appointment Of Committee OF three
sutloiizcd 10 look to some kind Of q compromise and
20 respectfully ssk postponement Of further action
icr the present, the part OF the Superior Court
but if that tribunal should determine upon the appont
rneIt Of receiver. trait the creditors shout be
bsartouching that appointme nt-or IN other words
hat their wiste. should De- consulted N nakag a
ts'sc .T..
MI Hsrty cff-sed the following resolution: