New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-07-13

Total reserve. &c. $84Os0G69 87776s9O me. S6s622l
Deposits s22 O5o SOC 223.s2o2n Inc <3,269Ss5
Circulation...... 9IO32l66 SlO62,2O2 Inc... 1916
Total liabilities 255os5,272 s25s,388sia me-. s5ao5O7l
Is per cent res. 63,77O,Sls S64,297,os6
Excess over legal
reserve....... $2OsOos5l s231G9sOI s2s6OO53
Loans 2sl,9i593l S2S4l477os Inc $22O7
The bank statement shows an increase in loans OF
S9,2O1,777, in deposits of $3269SS5 Gold increased
$72S06S but they lose heavily in legal-tenders the
decline being s3594,307.
Sterling Exchange was dull but strong on the
basis of 11Os for prime 60 days sterling Bankers
bills on England at 60 days quoted at 1000
11Os; at three days. 1l0sd103 commercial bills, 1895
01092. Bankers bills Paris at GO days, 5I2l0
511! on Berlin bankers. 7lsG72; on Bremen 795 aSO;
on Frankfort, 4lG4ls; on Amsterdam, H40Hs; on
Hamburg, SO. 036s; on Antwerp, 512lGj11t.
The transactions at the Office Of the Assistant
Treasurer were Recepts-For Customs, $4,000;
for Gold Notes, SSjO OO total receipts $2725379 81;
total payments s2G7Sl4 G 40; balance, ss83lO748 10
Freights are firm TO Liverpool, by steamer 1900
BUSH Corn, and : 600 bush. Wheat, at 3D.
The scare on the street in regard the forged
tfcates of stock eliminated to-day. The amount OF
stock issued to the parties altering the certificates
were as follows near rs can be ascertaincd
Pittsburg Fort Wayne and Observation-Disclosures, Nos
2Ols, O49, 2045 2o452 2oA5J ?O4b6 2O5 dated June
%, In name of Robinson Cox * Co.
New-Yor, Central Nos Gs73S, Gs739 two
shares each; cS7S2 6S7$i CSlJ Gs,i oS'6 CaS', ono
Michigan, Southern and Northern indiana Nos 22!5J
to % PCS, in of Vermyc Co. Nos 22G6, 10 222I4
in name Of Lockwood Co. dated june p.
Chicago Rock Island q Pac6c-No. 4lgG, dated june
II. in the name of Jay Cooke d Co.
cleveland and PttSburg-Nos. lI79 10 l,,Ss inclusive.
ten shares each dated June o. in the name Of Gcstoh
BusSng.
Beside these, there is one certificate of Erie and
two Of Pacific Mail known to be altered making in
all % certificates which, under clever manipuatons,
could be made to represent 400 shares of full stock
and 600 shares of half stock which ut par would be
$4,000 So far 1000 shares known 10 be in the
street and in addition 800 or coo shares are reported
10 be in the hands of parties VINO have not yet pre-
sented them to the transfer offices for ycIhcation;
at the outside there is probably not over 300 shares
of spurious stock in circulation, and tho losses falling
on brokers will not much exceed $4,000 This is
very cheap lesson 60 Wailst a. undoubtedly the Bro
kcIs Boards viii now arrange some mode of transfer
that will insure them from thi, sort OF robbery Had
the Clearing House been in operation the losses would
not have been made: transfer by certificate has new
er been in favor with the cautions houses on the
street and many of them have always been IN the
habit of transferring al stocks that they held over
night into their own names; but the majority Of
brokers, to facilitate business during the rampant
speculation from 1903 to sC5 forced nearly every
by certificate; the only surprising thing IN the mat
Ter is that the street was NOT mulctcd 10 the amount
Of millions instead of the present tring sum. as
from the perfect manner ia which the certificate,
are changed thousands of shares could have been
manufactured thrown on the market, delivered, and
the forgors escaped before amy broker would have
discovered the fraud. In this connection the follow
ing communication from an officer boz one oil oar best
managed financial institutions. is worthy the consid-
Grafton OF holders of railway securities:
The altering certificates ~ stock which has recently
been 90 perfectly done ar Co almost dcly TIE ,,g' u %!
the expert. has caused the dealers lu stocks and ur u
situations loIuug money on them, FOO bccom. 'cfJ iu.e
alarmed Tie compuuys acting the transfer agents Tor
the yarous railroad and other corporations vhosr stock
rom1arige scr.fcacs with The stock edcr.. n order
that they might bee satisfied tbat tny nir'nt l"y h4.
Der Of .harc- for which hey were oufy .-.u'd I''
several premium, almost hi- Hrea ohgitd 10 s'
euur roSucs 10 Sw L"ir '.' l"'"' ol l.,-' '",'.'
ald I'll. premium h'' ID, ,h oH'I'' m o''t' pr ' 10
10 facilitate business. Brokcr 10 puicLtihs rlttN.'
rarely are willing to have the stock irdurct4 To- ii'u
10 Their name on tc b'uA- Z" l' company '. P''''' H
receive the stock by certificate oi sumr oI aa't assigned
that the following day aud deliver lo me luich-',f
aud De resell ana 80 VII tLl- -mt e, i".t'' l "u
hand hand until the time arrives iur the transfer books
10 clo-c ior dividend, when the certificate WI ~. l"
fcrrcd 10 the then oderaud nc" oIt issued lHi' unu'
aud should be- that tho evil oi pc u seen, Iuiuell
a,cy changed. transfer on tEr DOOR" "I thc company
should Dc good delivery aud The purchase shoad dr.
cline RECEIVING cert ncate with power oi attorney, but
insist upon the transfer being made aud certificate
non OF certlhcaies-so ceycry madc-and would much
Ioig '' c Know that objections vii bc raised TO
this only busncslkc way Of delivering property but
also know that the 2jceut stamp upon the certificate
h thc only valid that can possibly be- presented, and
that Is oycrued by the fact That no power Of attorney
would be necessary, the stamp usually p"tcu upon mat
would be a far offset. n
The hooks Of the Chicago, Rock Island and Pacific
Railway were reopcned for the transfer Of stock ut
Chicago on Thursday last, having been closed since
December Heavy sales were made OF the stock by
the bears, under report that large number of
certificates had been changed; but this has little
foundation i'm fact as but one certificate has been
discovered so far, that bears any marks OF having
been tanpered with. There are but few certificates
of small denominations IN circulation, and the
forgers had no chance Of getting more than one
or two stray certificates that might be Heating on
the market
We direct the attention Of the holders OF old mort
cage bonds Of the Toledo, Logansport' ana Bmling-
ton Railroad Company; the Union ana Logansport
Railroad Company; the Cincinnati and Chicago Air
Line Railroad Company; the Chicago and Great
Eastern Railroad Company, and the Columbus and
indianapolis Central Company, TO the advertisement
of the general mortgage of the Consolidated Corpo-
ration now known as tho Columbus, Chicago, and
indianapolis Railway Company.
The aggregate amount of imports lother than dry
goods and specel at the port OF New-loiK' lor the
week ending July TO- 1868, was $3,OS2'"A'
The annual meeting of the Shore Line Railway
was held in New Haven Tuesday Avote was passed
accepting the amendments to the charter recently
made by the Legislature and authorizing an increase
Of the capital to 100000 The directors were
tborized TO take measures for the speedy construc
ton of a bridge across the Connecticut River. The
total receipts of the road for 1867 were 9vi the