The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-02-28
.e31,l2o,


Tho statement Of the public debt for the month OF
February will show decrease OF about two millona
Tho Comptroller Of the Currency has received Q great
many applications from banks asking 10 be converted
Into national banka He has replied TO the effect that
abe number authorized by Congress having been
TONED by tho Once no has authority establish new
ones and that In the event Of the enactment Of new
Law upon this subject banks that have filed thcr app
cations shall have the preference
The Albany county bonds due March I, 1885, viii be
paid as the New York State National Bank In the city Of
Albany.
Tho total value Of imports Boston for two weeks end
Ing February % was 81 t2s 7S against $50 sls during
The corresponding time 1896 Total since January l.
e,In,os< Average amount per week. sse2.7e<
The total value Of exports from Boston for the week
ending February 20 including Specie was S<sl, 800
against t2so.osS for the corresponding week In 1896
The cash balance In the hands Of the Assistant Treasurer
In Boston, ~ the cicse Of business February a. was
Sis <Te san increase Of <ss2s 81 - compared
with the close Of the previous week.
The great railroad contest between the Atlantic and
Great Western corporation and the Philadelphia and Erie
and Pcnnsylvana and Cssawissa companies which has
been pending for some weeks decided In Philadel
phia Monday sgsinss the Atlantic and Grca, Western
The Philadelphia Ledger Of to-day thus refers 70 the
matter
Yesterday the long expected decision IN the case In
railroad companies wers complansn and the CstawIssa
and the Great Western railroad companies we're defend
ants was rendered by Judge Read Of the State Supreme
Court The purpose Of the suit 10 test the validity
OF the contract by which tho Catawsa Railroad Com
psny was leased 70 the Great Western for nine hundred
sno niney nine year, at Q fixed rent Of thou
sane dollars per day On tho strength Of tho validity
o TINS contract the preferred stock OF the Cstawssa road
savsnoea 70 nearly par, and after many fluctuations In
Irces during the progress Of the trial. and since ycster-
nay on ,nc announcement OF the decision which was
against the validity Of the lease sold arselv ~ Low "a
~ for the preferred, and about "a for me counou
Over seven thousand shares sold durips The dsv scA
since the operations In the stock began In copsc1ence
OF the eas probably the sales eiceed twice az tbres
hmes the amount OF the entire capital OF ina connsnv
win very heavy losses and gains by the partics ina
rested During the time OF the trial II WAS announced
Shat the decision, whichever side u favored vouM ma
nnd 10 Yesterday however, the decision on Js,t,c~
cd, bsipg very decided Az material pon,s n ~ss
pretty generally conceded that the dscson 20 fsr ~ ths
ocurts are concerned, 10 Anal
The London Tn Of The 18th nst says Il The prc.sr.
rate Of exchange ~ New Yorh u London there 4 no
psas the Importation a. sold from the uaIssd sss,sa
rhs nuropesn monsy mArtss u issss dasss con-
naus1 10 shew comparative 49, Vie rass u shs prs
rips sss bang - ss(s sArss pss esss bSlew NE
Tendon nisinum. AZ fns 1Aiisk "a hnaffon The
aaus Of shs banks W. I've ~ esps bat 10 sssh ssss
shs open market trahactioos cold b negotiated q
~ per cent A Hamburg the rate NJ Only ~ A.
Ansisraan 70 vas ~