New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-01-31

es7o4.Si4 o2--f0r Customs, SS52,OOO; Payments,
es5a,4S2 co.. Balance, $lO2,Sl2l22 9O-GOld Notes
e2ll,OOo
1T was announced this afternoon that the American
National Bank is In trouble, and that there is de-
fciency of 100000 lin it's assets to be accouheeu
Cor The bank is owned by firm of brokers Id inc
name building and has not had very good repuCa-
ton Its circulation is properly seeured Ano jam
Of the city using more caution WIN
certifying checks, and some leadihs in'
adopted very stringent rules -, A.. ,orloDsa
The Street is slowly recovering from te ooii'Ps0'
IN, onerotons have lost the vigor which has long DIS
s;,o,;hod tbe movements Of spectators for an ad-
- few investment orders are reported, and
are Greatly nagnfed for the purpose OF strengthen
sno Tie market Those who depend upon investing
.t;cs N relieve the Street from the load Of unprO
dpciye property under which it is labOring at any
thing like present prices more sanguine than facts
warrant The balance sheets of the roads most pop
ular with operators do not show them to be worth
what they are now selling for as investments, and
oasrses are steadily at work which make it doubtful
whether the balance sheets for 1867 will be good
those of 1863.
Messrs. Birch, Murray g. Co. bankers and brokers,
have made an assignment II is understood that the
house was unable to take up its Stock loans so rapid
was the depreciation IN market values In this posi-
ton they are not without company The street Is
full of loans upon stocks at SPECTATORS values which
at forced sale would not pay half the sums for
which they are pledged
Upon the Produce Exchange prices are still In
favor of the buyer and there is disposition to meet
the market with reduced quotations.
At the Coal sale the attendance was small aud
prices not materially changed. 6OO0 tuns Lump
coal S49s4 90 1000 TINS Steamer coal, s. S50$j 80;
1900 tIms Crate coal s. 75GS6 TO- 5000 tms Egg
coal, s. 250$5 IS; 1000 tuns Stove COAL s. 759$5
ga 5000 tuns Chestnut COAL 81 45G$4 $40.
The Albany Argus in a very ingenious argument,
urges the change by statute OF the method by voting
for directors in all corporate companies, IN order to
protect the rights and interests of the mnOrites.
The suggestion is to divide the stock into as many
portions there directors and to allow each por-
ton of the stock to elect one director Thus ma
iorty of the stock would elect only majority OF the
directors instead of eecting all the directors and
the minority would be duly represented in the board,
instead of being altogether shut ont simply because
they are in minority: Suppose, for instance there
Is stock company with capital on $9tCVUO, man
aged by ten directors The owners of S&0,OOO OF
the stock can elect the whole of the ten directors
while 100000 of the stock might be entirely shut out
from any proper representation IN the poaId but II
any eligible person having vote of $4,000 Of the
stock could be declared director, the minority might
choose four out OF the ten directors and thus have
fair representation IN the Board.
The coupons due Feb. LIST on the first mortgage
bonds of the Toledo, LoganspOrt and Burlington
Railway CO., guaranteed by the c. and ]. c. r. w.
Co. will be paid at the office of NJ. X Jessup Co.,
less government tax
The Leather Manufacturers National Bank, per
cent, free of Government tax, payable February LIST.
The following viii show the exports Exclusive of
Bpecie) from NewYork to foreign ports for the week
ending Jan 30 and since the beginning of the year:
For the week ~ s5SSsces s5,S4ai7O tna9o
Prev. reported...-.. sb66,s49 lS,@555S6 lO697,57S
Since January .... SI4s00l2 S17,4O5O06 Sl39qS529
The following are the reports of the City Railroad
Companies 10 the State Engineer for the year ending
Q lQGG.