New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-10-07

rate sells at IVQl2 per cent. Inc Daih' :,
disposed TO extend their discount line, ana III I'LL
departments the price of money favors the icnu,i'
For Sterling bills, there is good demand al INC
full rates of yesterday: Bankers Sterhne, w
days, lO9a0Ilo; Bankers Sterling, DAYS, i,vs'
Francs, long date, 5l6i 05.l5; Francs shoi' u''''
l6.l3ia5l2l.
| Freights arc firm. The engagements 10 L'''
pool are, 700 bales of Cotton at sd' 4'VVV Du'"'
Peas at 4Ia4ld., and 5000 slaves on private 'e'''
a ship to Leghorn with 1900 hhds. Tobacco AZ o's
Cd. and a British vessel to Pernambuco and banD'
at 90a 95c. y Dbl.
Drv Goods are not so active, and prices as
whole are barely steady. -,
The following correspondence will DO found OF
interest 70 dealers in Government stocks:
Nsw.York. Sept. 81. 1856.
ohe Ron. HUGH McCuLLocH Secretary Of Treasury
| of The United States
DEAR SIR: Will you please advise me your course IL
regaId TO stolen or lost Governments.
Snpp0se for instance, TINT hny broker, or ps"aui
bnvs bond or any other issue Of the GoyeTnmeht ID
good faith II heng neFotiable payable TO cearsr anu
IL Should prove TO have been lost or stolen nom
buvcr or owner do you as secretary OF the treasury
protect the original owner to the preud'ee o Tue Ho
cent buyerf ,,o. =, . oo,,
h.lIeve under orr state Law the innocent holder OF
HE securities is protected under the Jaw Is ,iy
dliferen Mt law for Government securNest icsPcuuH
A. JENKINS. No. Al Pne-st
TREASURY LOAN DEPARTMENT, Sept. "s 1900
SIR: Your letter of the 9th has been received. r.
There lie different law for Cove nmeIt than ioI
of parties and holding the negotiable bohas
and notes Of the Government l. e.. those pa!hpe 70
bearer nre not affected by the fact o! their beng sued
0'Wbethsr tbep yorr question refers TO compound IN
terest notes OF any other form Of these securities
purchaser in good faith. for valuable consiuern,.n'
would be projected. NOTWITHSTANDING tLut 'Ho! ""u W
II has however. been the practice Of this Depart.
men al the request Of those losing coupon oondr ga
other securities payable 10 bearer, 10 enter the cA'e
and suspendiug payment If them when preseptoh' I"
notify the parties respectively 10 enaoe theu 10
| the Department evidence touching Tue q'esuons %
ov nrrshp good faith and whether the purchase was
for value that 1t may act advisedy IN making pay
mentA very Respectfully,
W. u. CHANDLER Asst.-Secretary.
A new Express Company has been formed under
the title of the National Bankers Express Company,
with capital Of sl00O0,OOo, subscribed by the
leading bankers, railroad and other substantial
business men of the country. Theypropose to make
immediate arrangements for carrying on general
express business, which will be begun at an early
day. and extended as rapidly as circumstances Will
permit. There is public necessity for some CON-
petition in this vast business, and the names and
character of the gentlemen engaged in this CON-
pany are sufficient guaranty for the safe and hon.
orable conduct Of its Affairs.
The Trustees Of the National Bankers Express
Company met at the st. Nicholas yesterday, and
completed their organization. The following
gentlemen are the trustees and officers OF the Com
pany:
Tru.tees-Edward B. Judson Thomas r. Fitch, Al
| fred Wilkinson George Barnes. Alfred A. Hewlett,
George n Kennedy, Grin Ballard Jacob Grouse Wm
W Teall Al en- Monroe and Daniel =. Wood Of SyIa-
cusc. New York shepherd Knapp. james L. South.
worth, Henry A. Smytie Charles j. Martin Of New.
York City Thomas Ocott: Chauncey p Williams,
, Coleman Troy. New York Theodore S. Paxton Utiea,
New.York; Daniel G. Fort. Oswego. New York;
George W. Cuyler: PALMYRA New. York: Francis Cor,
q, Jcwe,t NJ. Richmond, buffalo New-Yorki Constant
! Cook, Bath. New-iork; Alexander 5. Owen. Elmra,
i New.Yors: William Il. Osborn Binghamton, New.
(. 3. Jerctt. Poughkeepsie. New York: VIM. Z.
Gond Portland Maine T'eROr " y.a PERI NNG aty
a sHcGs' CT. John G T. Buucc. Hartford. c.;
Albeit W Marker: Camden; NJ; Amos CLARK. y.
Elizabeth n. j., Clarence II. Clark and BE jemin H..
Comeryr. Philadelphia, Pa; Simon Cameron. Hsrris.
bnrgh; Nathaniel fiolues. Pittsburgh Edward Betis.
Wilmington. Del; Horstio L. Riddle B,itimore. Nd
! VIM. ;. Huntington. Washington d. C.; Gilbert {.
Walker. Norfolk, Va; George Adams. Wheeling.
West Va; Human b. IIurlbut Cleveland. Ohio 1ru'
man Hoag' octo' Ono: T. o. Gros,ehor' Jones,
Hills. indianapolis. Ind Moses Fowler. lafayette.
Ind VIM. +. toooaugb and Perry Il. Smith, Chicago.
Brown Madison, Wis Ira ". Clifford. Davenport.
Iowa. James l.. Thompson, 81 Paul. MINI. Eds ard
- Jones, st. Louis No.; William Osborn. Atchison,
Kansas.
The officers arc:
| Fduard u Iudson pre,ident, Thomas n Fitch
vice.P esdent; dudley +. Phelps, Treasurer Alfred
Wilkinson Secretary, and Charles i. Sedgwick.
Attorney.
The Inspectors of Election sre
John f. William, c. r. Leyerick and II. r. Vail OF
, New-iork.
The Executive Committee are:
Edward B. Judson George Barnes VIM. r. Osborn.
. CLauneey l.. Williams Theodore :. Paxton. Albert
W. Marley. james T. English, Henry Alexander ir..
James Z S,utLwortb An,nrose S: Murrey, Horato Il.
Riddle Hinuian u. Hurlbn;. Nathaniel Holmes VIM.
+. Coolbauph, Timothy Brown and Edward H. Jones.
This competition will enable railroad managers
TO sell the privileges now enjoyed by monopoly
for sum in a reasonable degree proportionatc to
its value 10 the advantage Of their stockholders,
who are deirauded of the most profitable part OF
their traffic. Railroad managers should now 60 a
step farther and organize an "express' department
on their routes ard supersedc all outside organza-
tons. If this were done railway property would
have new value. AS they arc at present managed,
some Corporation within corporation) manages
to get the cream of the profits and nothing is left
for the shareholders but the poorer part.
| The earnings of the Chicago and North-Western
Railway Company for tho month Of September
were:
1865 $3.50 3l5 % 1854 eG69 COZ IS Inc eco 40 50