, 1877-02-20
Tho c1cas!nes mcre 81, 600, 600.

tsfNt.Vs ~ ttfshht
NV Observation-Disclosures: ] :S!s!! 1Sdl4,Sis
ssn g. Lsa's s,t SSt*t;o Il;
Observation-Disclosures. tsas'.s: :3ss :3ssss' st+SS sS Is;
Total. Ioo,2o3 ssei.,. III
FRAUD ALLEGED IN THE NEW iERsEr CENTRAL
MANAGEMENT,
The otElrcrs Of tho New Jertcy Central Rai1road
are chnrgcd by the Committee appointed to lnycstt-
rutc Its Affairs With having ''grossly deceived "
the stockholders. They saY that, within The last
ten ycars, the Company has assumed irregular lin.
h,,it'es illesitma,ely raised The yalue Of a.tets,
incurred losses through hypothcentons Ec,, which
warrant deduction from the Company's nsscts Of
Al appalling total OF $40. 434, cost While In reality
running behind. The Company havc distutsed thoir
dlyldcnas regularly; the ainoRnt paid out in this
way having been S13. ESQ, 034. Tho deficiency In
CURED in rHnntEg tho Coal Company was 81, 21j,-
435. TIE great error Of the management was that
u attempted 10 mike the Company prudnces Of
coal instead Of restricting It to its legitimate func-
lions carrier.
TIE LONDON LOAN MARKET.
The London Timer and the London Economtst OF
the 9Th Inst hsrc elaborate articles on tbs condl
ton and prospects Of tbs loan market. The Econ
otaist snys: "Tho prospects Of the money market
eccm to us moro peculiar than VIC hayo ever seen
Them" There n a steady drain OF ro!d ont Of the
country, which can be stopped, II thinks, only by
araians Of the rate Of discount by tho Dank OF
England. II Ia a thorough revelation Of tho dc.
scent Of tho l'nnk OF England from tho supreme
position Il once hetd that The Eeonomlft should bc
ah:c to say aa It docs: ''wo repeatedly expert.
enced tnch time during the period when gold was
being taken by Germany for coinage purpoaos, aud
the peEploxity 80 caused was very great. Tho Bunk
Of England raised It's own rate, but the market only
very slowly followed, which ID critically important,
for It Is only rise In market ratio which Will attract
hS1jtc Naka abn F$xtxH HaR khn Iu.A
the opinion OF the Econonist with regard to rails.
ing tic rato Of discount. and adds tho viow that
''all things considered, we believe shall not b.
far wrong II we look upon tho long period OF vary
cheap muney which followed tho dltasurs Of 1B7:'
- having nearly run Ita COURSE" Tho Time gives
this explanation Of the loss OF bullion by Tho Bank
eF England since September last:
a. ss r. ss
Sss :ss y ss!sa: s:
:sas .R:ps :. sihsf ss.!ss;: s:ai:
stssiis s soI 1 ID, Il taeaas% III
ttisa S: iS.sssa. $i!Ssss i IL a Ps!at
@ s,ss @ "a:
v;nst @ III :.s; f ri. i RI Il ;sa;s
I'LL ;sS gs ssEss:s IT, Ill ss
~Ibc aof lnfcaIMPht purposes
TIE fiLvER NA1sKEr.
Aessrt. Mocatta and Goilttnd, nf London, make
the following r",nuka In their fprlnlght1y Circular
dated the 1tt Inst, With reference 10 tho move.
n'ent. Of tho bullion market:
1T Ct %r i;t r., ssr ~ ano;s
tc e., wtsk ,ris b. sSsn iii!ic donx ind .are
~i M p!:.s;' y s:s sbs1e fsi.
~ ~ H' ts ri ~ s Il fs IL
ulArkeL " Vs."
MEMORANDA.
Tho American Mining md stock Exchange will
remove OIL or about March ! to lhe large building
No, 20 Broadway, extending through 10 Now
atiaet.
The City Savings bank, Of rrovidcucc. n. l.,
ba*, on thu application Of tts Tras.ees, baen 70.
strained by injunction from receiving 0. rsYtuy
out deposits Last November tho State Auditor,
IN bis report, stascL thnt tho City SaylnRs Bank
bad On deposit 81 y6l 40, shs liabilities be,ng
placed At 81. ol5. a7S os, and tho re.ourcas At tho
sasc figure, The number ot drpositors WIS =, Hla
The Trnstecs hopo that tho intrreat accru!ng III \
year viii nuke good tho deficiency caused BY Tho
lri'urc Of 4. Nv. sprague. Of whose paper the
hank held large amount.
Thc En'icd et.1cs Comptroller of tho Cnrrcpcy
furnishes tho following statement ot Sattona!
l,unk. organized: 3.1i8-WuIdrn National Bank.
New York. Authorized capital, ESQ, 600; paItt IN
capital. s95, COO John t. scodtld. President;
cotan.encr business Feb. Z, 1877.
There las recently bcen partition Of property
; belonging 10 tho bonanza frn,, and 1t has given
rl.e 10 fnmor thai thu partnership WIS about IL
be dissolved. This IL denied, aud tue Partition |,
phid 10 have been uunc sln,ply 10 avoid any itigu
tns OF title IN ease Ut tue death Of eilAte of lht
, nrm.
An application has been made to Gov. Robtnaon,
!, 81 New York, for tho removal OF nank Superln'
J. teMdcnt Ellis. s!u Il charged by Tho ytcceiycr o.
: tho Mechanics and Traders Savings Dank With lay
: us allowed at Institution 10 contfnuo In business
i Alter he Enrw, byperronal examination, that thsrs
:. waa dcacieuey ln it, a.scts OF $3.50, 900.
= The following rcEarks before tbs congrcssou1
|. Con.nfttre Of Ways and Means by Mr. GeorSs
: schssah. Of the dcpatstiuu which urged tho r<pca
!, of some OF thu taxes On banking, touch IN sy.
:; whlen IL fc, in Chicago o. we'll ~ In New York:
y is sa!d ,tas bank !a.at'9a tts E9sa.taa .ety -
L4akeI.lu ths rts + nv fefx vsss !.iEs.y isini
AS;1sy T. nv yo,x: tsl!'af e1eGaaxt, buying =,
L. a!.a iastH4t!as aaa ior taa.dIa !a4i1 idaa. 1has
isnS* and y i a:eIci.4 eaeapcd United ssatea
tuc otcas reports Of 1o1 jofnt.sto:x Gsc.tnsur
anee coupan!e. OF the ssa'a Of .;sw York for tb
{. ycar lb11, e1ba!t Tho following figures: Cas-
capital 3.J."7. ooo; 8so4s Assets. $50. GGi. a:6
to:ai cash fcecip:e ~, a10 1G3; total cash ex
pcudst1zcs, s. .is,si3. Of ~lEeh TO- sH+. :s..i
II Ter Gre l1sscs und 81, Los, CAD was for drIdendt
atos.Lo1crs Total liabilities, 81 POI, 1D.,; xns
= plus over l4hllEtIes, slt ;s8s 0aj; sisLs write
! aaksuX tue yras. s., kt1, ia7, 55; snpuut nj ii.
/ jan. ]. 1911 s., Ss9, S94, 3ol: pe1eent4:a Of ne
=: ssseh 70 risks In foFes Jan. l. 1b17, o.; pei
ecns1xa Of Gro losses paid u net cAsh h1e ptem ui