New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-07-30

ceips IN February last The Insurance Times OF this
city exposed the condition OF the Company which In
duced Mr. Barnes the superintendent Of Insurance
Department to make personal examination Of Its
affairs This resulted in disclosing deficiency Of over
s6OO or an impairment Of per cent Of its capt.
tai The stock having been unproduCtye for the last
hye years and the Company having almost entirely
dependent on the brokers for patronage the stOckhOd
ers refused to invest any money and concluded to
retire from the field
The Commercial Bank Of Bristol R. L. Is temporarily
closed to-day for investigation OF its affairs. The
cashier confesses that he has allowed certain parties
overdraw to a considerable extent, but they deny the
charges OF making Overdrafts and say that any defa
catOn exists 1t Is attributable TO other The bank
sa State institution with capital OF only $4,000
The regular weekly statement OF the Bank OF England
is made public to-day The amount OF bullion in the
vault has increased $4,000 sterling.
There has been heavy flow Of specie to the Bank Of
France this week The amount hand is francs
greater than last week
The report the Tenth National Bank had passed
into the control OF members OF the Erie direction caused
sensation in financial circles. The capital Of the Bank
is 100000 and the amount purchased by the new d.
rection is about 100000 on which payment OF 100000
has been made. The Bank started q satellite Of
the Shoe and Leather Bank which the outset owned
onehaf the capital stock but aterward sold out TO
ialists having intimate connection with the direction
II stated that the city deposits will be removed from
the Broadway Bank to the Tenth National The bank is
amember Of the Clearing House. but its stock has
been distributed and the transfer Of the sole control
made by two or three holders.
The attention OF savings depostors directed to
card OF the West Side Savings Bank Eghthave.
near Thirtyfourth-st. The President is Mr.. George
Moore and the Cashier Mr. ]. w. b. DOber, late OF the
Sixth National Bank.
The earnings of the Milwaukee and st. Paul Road
pare as follows with last year: -
Third week l,,i4 in July w 'I:s s :s s Ss
Jan. to July 5i.. .....s asSiScS
Increase since Jan. 1..............S59 7,SO7
The earnings Of the Marietta and Cincinnati Railroad
Company for the third week in July were:
le69...............S 24Isl SAl79
The Pittsburgh Commercial Of Wednesday says:
meeting Of railroad officials held in this city 10.
day TO discuss the prospects Of the Fort Wayne Munee
and Cincinnati and Grand Rapids and Indiana Railroads
points the objects OF the meeting but the
suit Of their deliberations cannot now be made public,
tend to their speedy reconstruction.
The PottsviHs Journal says:
The deficiency coal shipments compared with last
year only 266977 tuns The suspension last year lasted
until the 22d Of August before the trade fully under
way again. In the ensuing four weeks nothing occurs
least 10000 tuns over the supply q last year for the
PERIOD which would give surplus Of about $4,000
OF anthracite 10 August "a After August ~ TO the
9Oth OF November when all the regions IN full blast
the quantity sent for the fourteen weeks average
OF $4,000 tuns week giving supply OF SOGO tuns III
round numbers We shipped this week $4,000 tuns.
which Is only 900 tunS week behind last years
shipments This 2l,OOO tuns, and more too, believe,
make mp even IL the two companies in the Scran
region should remain idle. All the transporting
panes increasing their rolling stock rapidly
possible and the bitumnOus regions also largely in
cTeasDg their supply. Under these circumstances we
believe the market be fully supplied with coal this
year without any further advance in prices except what
is put on in freights
The Kansas City Journal of the 23d says:
The Louisiana aud Missouri Railroad, now being
built starts from the town OF Louisiana Pke COUNTY
nus interseCts the North Missouri Road Mexico, Au
dran County, passing through Boone County, the
Missouri River Glasgow. Howard County, aud thence
Jackson Counties to Kansas CITY, it's western terminus
The main line 70 Mexico, and the branch TO Jefferson
CITY, miles IN ALL under contract, and the work Is
in progress TO be completed In May. 1876 while surveys
a view TO putting the whole contract by the st Of
August The distance TO be rayersed by the line OF rail
between this place and Louisiana will be about 500 miles
The authorized capital OF the Company Is 100000 The
stock OF the Company has been subscribed for by the
counties along the line Including individual and NUM-
cpal subscrptiUus) the amount OF about S2750OOO
(SIl,O 600 q mile, follows Pike 10000; Audrian
e275O)O $4,000 the Jefferson City Branehl; Boone
$4,000 Jackson, t25OOOO Galloway, S5OOO0o Jefferson
City, $4,000.
meeting OF the stockholders Of the Pittsburgh, Mount
Vernon, Columbus, and London Railroad held at
Orrvie, Ohio on Tuesday The Company was organized
and r. C. Hurd Of Mount Vernon elected President
The stock required along the line OF the road nearly all
subscribed and the Company feels confident Of
The completion this link from Mllersburg TO London
will open up route from Pittsburgh and Cleveland
to Columbus and Cincinnati through the great coaband
mineral fields OF Wayne, Holmes, and Knox counties.