The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-06-09

By purchasing ticket to Chicago, and taking the Chi
cago Alton and St Louis Railroad passenger may get
to st. Louis for $40.
1t is yet decided what action win be taken by the
New York Central Board to meet the reduction made yes
terday by the Pennsylvania Central but Mr. Corning has
been in teegraphc communication to-day with the West
connecting roads ascertain whether they will
pro arrangement. The Michigan Southern al
ready reduced to meet the movement of the
Central.
Warrants follows:
Buyer Sell Buyer. Sell
40 Acres...... 100 q 1lO 100 Acres...... II a IS
so Acres...... SO a 20 16O Acres...... 81 a s5
The earnings of the Galena and Chicago Union Railroad
Company for the month of May,
1858 1859 Decrease
Sl57 7953............ s1l9 32l ............S3S 632
Corrected earnings for the previous month SS70S
The earnings of the Michigan Southern and Northern
Indiana Railroad for May, 1859 and 1858, were
s1S7, ,5iS.27. S.27.......................s sIs7 7,799 70
Decrease in 1889 $50 40
The Illinois Central Railroad earnings were:
May, lo5s.......... ........'....... Slol O9O34
May, ls0s'''.'.''...... .''....'.''' l3s,'HH
| Decrease. e......... S2l,SlS.S7
The May earnings of the Rock Island Road were:
BY telegraph. ACKNOWLEDGEMENTS. s69,S6s.S2
May, 1858, also by telegraph. h.......... 7s,30964
Decrease. ACKNOWLEDGEMENTS. ss,44os2
Compared with the earnings May 1885, the
| decrease is Sl0,I25 70.
The Tribune say:
We have been days that the street
banks had suffered heavy loss, by extending much
confidence to OF its Dealers and to-day the facts have
been made public after close concealmen of six months
The institution alluded to is the Union Bank and the
| officers have published the annexed statement:
On the lst of December last party dealing at the Bank
from variety of circumstances needless to enumerate
succeeded in obtaining the entire confidence of Mr.. De
ming the (then President, well that of the First
Teller.
Having pay call loans, which paid to the Pres
dent, he succeeded in ding by check the Union
Bank for $4,000 He then proceeded to the First Teers
desk and presented for cerication his check for about
| 100000
The first intimation the Cashier now President had OF
these overdrafts note from the party expressing
his inab lity to make good his Mr. Deming
then induced to make the good by forced loan
receiving such securities he could obtain which
rites, although not such a bank would readily take
for their the Board of Directors regard of
considerable value, and that will ultimately reduce
loss of the Bank very much.
The party alluded to is Mr.. Edward Belknap, and the
securities taken up understood to have belonged
Court of Massachusetts, OF the 100000 check s77 600
was paid to the American Exchange Bank, where Mr.
amount The debt of Mr. Belknap to the Union il
thus $160 600 and interest," security for which
tuition holds 100000 of the bonds of the Springfield
Mt. Vernon Railroad Company and the assignment o
Mr.. Beknap's interest in his fathers estate which
very large is doubtful how much will he realized
sources but the bank officers feel confden
that the loss cannot be large The bonds alluded
claimed by the Railroad Company being improperly
in Mr.. Belknaps possession, and they have under
stand, commenced legal proceedings against him.
The Harrisburg Telegraph says that the Central Banl
at Hollidaysburg Pa, closed its doors and suspended
business Friday last,
The London Times notices sales the oath of May o
Illinois Central skies at 67 do. Freeland at SIS
IS; do and As discount: New York Centra
sevens at SSH aud SO, and Pennsylvania Central frs
mortgage at SS 1t notices and quotes American secure
as follows:
Great Western of Canada and Grand Trunk. In Ameri
can securities reduction occurred in the shares of tn
Illinois Central the third mortgage bonds of the New
York and Erie and the first mortgage of the Pennsylva
mia Central Colonial government debentures were il