New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-19

TIL. Nev.Jer.ey Railroad and Transports % Com
PAW has declared sem-annusl DIVIDEND OF
cent. PAYABLE February /; the EI,hange FIRE iusur-
Arc. Comnanv. a somi-annual dividend Of D q cent,
pavable February |: the Brooklyn Fire Insurance
CGnpapy. 9 sen-aunua, dividend of 10 y cent pay
ALE February |; the Broadway Savings lnsttItIon,
the usual dividend of e cent on sums OF s0oV ana
under. and ) = cent or sums over $50, payaoe
January 1s
The Mercantile Mutual Insurance Company has
declared dividend of II q cent 90 the net earned
premiums for which certificates vii be issued on he
18th of February. To the stockholders dividend
bs, also been declared of interest az the rate OF
cent 1, annum. and further dividend OF 7! = cent
both payable in case aid after the 18th OF February
next.
The Pecifc Mutual Insurance Company has de-
clared dividend of % = cen. on the net amount VI
earned premiums for the year, Tor which l'es
will be Issued on the "a of February next. On 'aa'
day interest a. the rate of 2 cen. 2 annum' VIII os
paid on the outstanding certificates OF the Company.
circular has teen addressed 10 al the banks re'a-
tive to the practice OF paying interest On deposit
diving the resolutions of the Merchants Bank
mee,pg-to which answer is requested PRIOR TO the
3D. when an attempt vii be made to abolish the prac'
tice Of paying interest.
s Diapers regular daily sale of bonds and stocks
will take pace tomorrow Tuesday, al Il CLOCK Ut
the Merchants Exchange.
Albert II. Nicoays regular daily auction sale Oh
stocks and bonds viii take place to-morro" Tuesday
at l2J o'clock, at the Merchants Exchange.
Mr.. Oddie Of the firm of Oddie & ST. George, was
elected to-day member of the Board of Brokers.
The Mechanics Banking Association gives official
notice that has resumed business and is prepared to
receive deposits
package containing s., 600 stolen from the
teller desk Of one of the Wal--treet banks one day
last week and the thief has rot yet been discovered
The application for Injunction argued in the Su-
preme Count of this State week ago. restraining the
Reading Railroad and the Lebanon Valley Railroad
Companies from a consolidation of their two works,
was virtually decil led on Saturday in favor OF the
Reading Railroad Company, and the consolidation VAL
now, No doubt, be speedily effected a. originally In
tended
At Philadelphia, the Money market is abundautly
supplied with capital for first chop paper at S9l 10
T. cent but there is not much OF this kind offering,
and nothing else can be negotiated below double these
rates.
At Cincinnati, on the 18Th, New-York Exchange was
in moderate request, and rates steady. Phiadephia
sells pretty freely at PREM, and frst-class checks
on Baltimore sold outside at dis Bankers rates are
tai dis. New. Orleans il somewhat tirmer.
In consequence of the passage of the new Bank
law in Georgia, in both branches of the Legislature
over the Governor veto the majority OF the banks OF
that State have issued the annexed circular:
ArGUsrA Ga, Dec. -, 1881.
"Bv recent law of our Legislature, the banks Gi
this Slate are prohibited from collecting from It's clt
zens more than | y cent exchange, "hereaS' uuuei
be procured at less than y cent We must, there
fore decline to make further remittances until we re-
ceiye your instructions. We will hold the proceeds OF
your collections subject to your checks and remit GER
ffcates of deposit or checks NewYork at the cur
reit rate whenever the exchange can be obtained
The cash assets and liabilities of the New-Orleans