The New York Herald Newspaper, November 16, 1854, Page 3

lat rile rl Hy 4 ‘ uf pre ale Fert; 5 i a H i ? i iG fi | i e i z i i & § i E é [ i | F I FLEES nl il i “ ! i é Ae ily i ef fe - ef i 3 E i i money. Toney cannot ver may, be the om of suspension render it unavail- Tt has lost the charac ey, and become merely assets, whose to be ascertained. ll it will not do an anathema against the tke ace : u iu al iy Hy Ef d deprived the busi- counterbalance of ita conser- ae integrity ata dis- the way of lezitimate rale, instead of the E i g F Han Hh HH i most quarte-, louks will not to indulge in first depression incident to such events, thiogs almost alwys appear wo-se reall There is an immensity of the al wealth in Ohio, and in Cincianati ‘We are a young and energetic people, and time, the a ¥] PG fF Fi g E z H anun , the value of real integrity will be to believe, ‘from what we have , that the concition of monet Ha Ll i i H ij Eg. 2 5 E PI of @ bank to sy total Joss cleims. While no can be expected to stand, payment of all its liabili- wi radently and legitimateiy ied, is one of the safest description. Its char- au oa. the nature of its transac- of issue—with many of ita ycrecitors ultimate security is all thst is requir- Bo far as it isa depository pap this se- deapised, and is in Ite debts are represented aus ils peta = Se has shown these, even in times of great pecuniary depression, consti- Sate ene of the safes: species of property. {hose of our banks, therefore, that have not wiverted their means into channels cther than the demands of have in their bands the means, at co distant , to make a final settlement with their oseditors. jor 5 this cit; tee borehole) ap- proach a col le sme have foreseen, ae and for months in tk 5 i have felt, ita approach, ey ss a3 have arrived; and it is not necessary for that iv all the materials for @ glorious }, We have an abund nce. to our sommercial columos for @ more of the condition of things as developed From that it will appear that some of f which the panic was composed have the avsarance of men in 1 business ability we have been tinton Bank of its issaes on the Cli- leer. Goodmaa safe. We ncerns without iptending tu tation of ultimate solvency ot # A z i | H f & i : He z l E ; : i fl a i i 14 ¢ BL git sketch of the Saptare of Lord Dun- . requires some correction. The Marquis of Clanricarde is not the present Postmaster Genoral, Belther has he been for many years. His brother-in-law, Viseount Canning, is the present Postmaster General. ‘The Marquis of Clanricarde was succeeded as Poxtmas- ter General by the present Viceroy of Ireland, Earl of st. Germans, and it is a singular coincidence that the latter mobleman was to Misa Canning, and abruptly ‘Broken off in consequence of John, Earl of St. Germans, taking unto himself a A wife, (the daughter of the Rt. Hon. nald Pole Carew, of Cornwall); and pre; ps, there was no prospect presen’ J eg oe onjoying the title and estates, Rt. Bon. Mr. Geo. Canning the alliance. Suabse- qently the first Earl of St. Germana died without issue, and the present one became Lord Eliot by courtesy, ani Fo alin T believe, a sinapcue the “Naa Corn 3 OWS. Rew York, Mov. 14, 1864. faa Commopors PERRY AND THE VesseLs oF THR East Ixp1a BQUADRON.—The Navy Department anticipate ‘the arrival of Commodore in the United Statea in the conrse of Jamuary next, and they have ai- vices from the Bast saying that the steamships Missis sippi and Susquehanna, the sloop Plymouth, and the storeships Bapply, Bouthampton and Lexington, all of ‘that rquadron, are now on their way home; lea’ on the station the steamer Powhatan and the sloops-of-war Macedonian aud Vandalia. Captain Joc) Abbot will be ‘We senior officer left there. on Earl : Board of Ceancilmen. ‘Wapyusvay Evaro, Nov. i6, 1854. Eawin J, Brown, Esq., President, in the chair, PETITIONS. A number of petitions relative to the Fire Department were received and referred to their appropriate commit- tees, RESOLUTIONS. A resolution was offered by Councilman W. H. Smith, making it incumbent for the Committee on Streets to in- quire into the expediency of widening State street, from Battery place to Whitehall street. THE ROUR OF MEETING CHANGED. A resolution, changing the hour of meeting from six o'clock to that of five, was then taken up and adopted. On motion, » resolution on page 323, amending the forty-first rule, making their meeting nights on Mondays, Tuesdays, Wednesdays, Thursdays and Frigeys, was taken up, and after some debate, was adopted by a vote of 34 to 12, REPORTS OF COMMITTEES. The Committee on Assenaments made a number of re- ports relative to the assessments made for the sewering, widening and paving of streets, which were received apd referred to the Committee of the Whole. CITY RAILROADS. The report of the Committee on Ordinances relative to the licensing of city rail cars, was received, with an ordinance for, and referred to the Committee of the Whole. The report states that there are about 160 cars running through the streets of New York, that no revenue to the city treasury is derived from them, and that in view of that fact it would be judicious to pasa the ordinance attached, which made ita misdemeanor for any person or company to run such cars in the streeta of this city without being first regularly li- censed, at the rate of $50 a year for euch Delon Several re] vere meoneee from bp ae ) e paving, grading a1 lening o ‘he elt ; the greater ar of rred to the mittee of the Whole, : The Board adjourned until this (Thursday) evening at o'clock. Board of Education. Nov. 15.—E. C, Benediet, Eaq., President, in the chair The minutes of the last meeting were read and approved IN COMMITTEE OF THE WHOLE. The board, in Committee of the Whole, Commissione Neilson in the chair, continued its consideration of do cument No. 36, being the report of the Committee on Salaries, recommending a plan for the classification o studies, scholars, and salaries, in such manner that, as near as practicable, the system of instruction used in the common schools and the salaries paid to teachers migh! be uniform throughout the city. The follewing abstract from the report will be found interesting :— GRADES OF SALARIES, The maximum rates of sala.ies in the grammar schools shall be as follows:— Males. Females For Principals.... $600 Vice-principal 000 400 First assistants, 600 300 Second assistants + 400 “ 250 Third assistants. 250 i! 150 In any grammar school where the average attendance is not more than two hundred. the maximnm salaries shall not exceed the following:— If the average attendance in any grammar school is not more than one hundred, then the highest rates of salaries to be paid must not exceed one-half of the mazi- mum allowed for the largest schools. The salaries of teachers in primary schools shall- not exceed the following:— Second Assistants. Third Assistants If the attendance is not more than 150, then the sala- ries shall be as follows: For Principals... Vice-Principal: First Assistants, Bn The grades of salaries hese adopted are not operative so as to reduce the present salary of any teacher now holding office, before the Ist May, 1855. ‘The committee, after several hours discussion, rose and reported in favor of the report of the Committee on Salaries, which was subsequently adopted by the Board on a vote of twenty-three to fourteen. COMMUNICATION. From the City Superintendent, presenting his usual monthly report, from which it appeared that after visit- ing the ward primary and colored schools in the city, he found them well filled and regularly attended. ered on file, . RESOLUTIONS ADOPTED. That the Home of the Friendless be allowed to take for the use of their seliools the books laid aside by the ward school ‘That the City Superintendent be requested to report on the expediency of employing professor of music, a rofessor of natural history and a professor of book- eeping, to teach the normal schools, on Saturdays, the grammar schools un other days, and’ also the evening schools. > The Board then adjourned to Wednesday next. omer -y Court—General Term. Honorable Judges Mitchell, (P. J.) Morris and Clerke, presiding. TRINITY CHURCH CASE—DISPUTED TITLE TO PROPER TY DEVISED BY THE CROWN OF ENGLAND. “eit fac tate Feeds Sepetlt ‘eople se Oj Vew ai i the Heclor, ‘Churchnardens and Vi Tri Church, in the city of New Fork.—This case comes up oi demurrer to the plaintiff's complaint. The plaint person, and Mr. Sullivan, appear in answer to the de- murrer. The Attorney General (Hon. Ogden Hoffman.) appears for the people, and Messrs. C. P, Kirkland and B.F. Butler for Trinity Church. ‘The action, which is called ap action in equity, was commenced on the 20th of March, 1852. It was brought by the plaintiff, of the descendants and heirs of Anneke Jants, for him- self and for all others having the like interest with him, against the People of the State of New York and the Corporation and Officers of Trinity Church. Its object is, first, through the instrumentality of a judgment against the People of the State of New York, the princi- pal defendants, and in case they phall fail to comply with such judgment, then by, direct judgment against the church corporation and its officers, to recover from the tion all such parts of two certain tracts of land in the city of New York, formerly known as Dominie’s Bowery and Domin{e’s Hook, as are now held by the corporation, but #uch ro- covery to be fam lied as not to affect the lessees of the corporation holding under unexpired leases, otherwise than by requiring the rents on such leases 10 be paid to the plaintiff and his co-heirs. Next, to obtain from the corporation and its officers an account of all moneys received since 1783 by the corporation, and fur the appointment of receiver, and the granting of an order for an injunction to secure for the benefit of the plaintiff and his co-heirs, all rents and other moneys ac- eruing from the premises penddente lite, In the present state of the case, the defendants d.- murred to the complaint, for want of any cause of ae- tion. The Attorney General (Hoffman) appeared for the people of the State of Now York, and demurred to t'ie complaint for want of jurisdiction, and also for want of any cause of action against the people. ‘The plaintiff states that bix ancestress, Anneke Jantz, widow of the Rev. Evarardus Bogardus, was iu 1663 living on Manhattan Island, and sed as owner of two tracts of land known as Dominie's Bowery and Do- minie’s Hook, including 130 Dutch acres. The former was granted in 1636 to Anneke Jantz and her first hus- band, Roelof Jansen, in joint tenancy, and the latter in 1054’ to herself by the Dutch government. Anneke | Jantz, by her Inst will and testament, on the 20uh Januai 1663, devised to her ‘chilliren and grand mn 'named in her will, all real estate, to be held by them’ and their heirs or tenants in common. Sarah Roelelfe, one of her children, was wite of Hane Kiersted, and of them the plaintiff is a lineal descendant, aud claims to be en- titled as heir to an undivideded portion of Sarah's share, which, in consequence of acquisitions by her in her life time, amounted to one-fourth part of the two tracts of land. ‘On the conquest of the colony by the English in 16%4 the Dutch West India Company’s farm became the pro- perty of the crown, and the possession and right of yos- session were vested in the Duke of York, umler his pa- tents from Charles the Second. On the 6th of May, 16¥7, the corporation of Trinity Chureh, was created by char ter, executed by Governor Fletcher, under the authority of King William the Third. By this charter there was granted to the said corporation the tract of land lying west of its cemetery in Broadway, and extendiag to the river, and full power was granted’ to acquire property by lease and otherwise, for charitable uses prescribed in the charter, and to hold the same according to the laws of England.’ ‘The plaintifi avers that by the laws in force in the colony at and after granting the charter, all pro- perty vested in the corporation was held in trast for the charitable uses therein ox |, and not otherwise. On the 1¢th of August, 1607, Governor Fleteher, in| the name of King William the Third, made to the church corporation @ royal lease for land, including Dominie’s Bowery. and Dominie’s Hook, and the West India Com- pany '# farm, for the term of seven years, upon th nual rent of sixty bushels of wheat. The plaintiff avers fraud on the part of the im knowingly con- cealing from the people the fact that it had no legal right of entry to the lease of the 9th of May, 1702, ani that the heirs of Anneke Jants were thereby prevented from elaming thetr rights in due form of law. ‘Lhe points relied on by stated in the complain 4 title in the oy the possession of rents and profits of the premises at issue, or to any dai oF compensat “ pation thereof; that At ts not hewn by the pipes that the children and heirs of Anneke Jants, trose of whow (#arab Roeleffe) the plaintiff derives his litle, ever ha¢ any catate inheritance or title whatever in or on the promises claimed; that | in: sirumeuts set forth conveyed no title to the children and heirs of Anneke Janta; that the plaintiff cannot fall back on any title of Anneke Jantz, under the Duteh rn ment, per ean any fitle be claimed under the articles of capitulation; that it is notshown by the complain’ that her e \im six years before tion, which would be and now stands to an account of rents and profits. ‘The argument is still pending. Court.Special Before Hon. Judge Roosevelt. Nov. 14.—St. John vs. G and Brown.—This is a bill in auity, to compel the of Ingen that, instead of giving th ges that, ins iv 0 the defendants, Grifith and fraudulent judgment in favor of Moody and Ketchum, and that by means of an execution on that judgment, G., B., M. and K. were endeavoring to dis; of the property, and thus defeat the tite Tights. The fendants move to strike out several parts of the com- laint as irrelevant and redundant. It is contended, irst, that it is bad pleading to aver that nt did instead of a' that it was done by his prin- the act, cipal. ‘The Code requires facts to be stated, not fiction; ‘the facts of the case,” and not the mere conclu: Ds. Such a statement, therefore, an that adopted bj the plaintiff, in ‘not only admissible, but ae At the same time, I see no objection to the plain- tiff stating, in addition to the fact, what he insists to be its legal effect. Such a statement may or may not be an “unnecessary repetition,’ according to circumstances... Next, as to allegations of fraud, These are the necessary bases for relief against the judgment and execution devised by the defendants to defeat the creditors, The plaintiff, perhaps, has rung the changes on them rather too frequently. No particu- lar injary, however, it acems to me, can reeult from the few additional words, The complaint, as a pleading, compared with the majority of those, which have come under the eye of the Court, is remarkably concise. Al- though full, it is not overflowing, or if’ so at all, bu very slightly; not more than what the Court may’ pro perly overlook. The Code, indeed, on this point, is im- perative, making it the positive duty of the Court’ to dis card all nice objections, and to construe plendings “li berally, with a view to’ substantial justice between th parties.” This class of motions, I may add, isnot to be encouraged, They involve generally © very grout, aml in most Instances a very fruitless, consumption of time, to the prejudice of matters of substance and the delay of other suitors. Technical obstructions are not in har- mony with the spirit of the age, either in the Old Worl or the New. Courts of justice now a days are expected to try eases and not pleadings, And provided tho par. ties are reasonably notified in advance of what they are expected to meet on the trial, it is all that should be re quired of their adversaries, and all that is of any use in written preliminary statements. A good letter and answer, were there no lawyers, would be the natural, as. they are in most instances the best, forms of pleading. The defendants’ motion, except so far as it call for signatures of the alleged contract annexed to the com- plaint, must be denied. Supreme Court—Circult. Before Hon. Judge Roosevelt. Nov. 14.—Storm vs. Kobbe and others.—This was one of several actions brought by the plaintiff to try the title to a number of houses and lots on Nineteenth and Twentieth streets, in the city of New York. The cir- cumstances under which the question arises are as fol- lows:—In 1831 this property was conveyed to the plain- tiff, and he remained in possession until September, 1842. Jn 1838 he gave a mo on the property to, the Uni- ted States Loan Commissioners, and in 1841, the mort- gage money and an arrear of interest being due, the then Commusioners—John P, Phonix and George J- Talman—advertised the pro} for sale on the Ist of February, 1842. Qn that day, George J. Talman was in the State of Kentucky, and his co-Commissioner, Mr. Phoenix, attended the sale alone, and there being no Didier for the property, the ‘sale was adjourned until September. In September the property was again put up forsale by both the Commissioners, and struck off to William Sidney McCoun, who took a deed from the Commissioners, and went into possession. Mr. McCoun resold the premises, and they have through several hands, and are now claimed to be owned by 8 number of diferent individuals. The ground on which the plaintiff seeks to recover is an_ alleged irregu- larity in the proceedings on the part of the commission- ers in selling the property. Among the irregularities are, that the commissioners did not advertise the notice of sale for the full period proscribed by law: that. they dd not affix notice of sale on three public places, and that when the premises were offered for sale in February 1842, only one commissioner was present, instead 0! doth, as he contends the law requires. The defence is, that the sale was regular. John Townshend appears for the plaintiff, and Horace J. Clarke, R. H. Bowne, and —— Wetmore, for the de- fendants. The case is still pending, Court of Common Pleas—Spectal Term. Before Judge Ingraham. ACTION ON DEMURRER. Hahn vs. Hull, impleaded. with Parsons.—This action is upon a promissory note, drawn by Parsons in favor of the plaintiff, name of the de Hull if endors- ed upon it, The compiaint is in the usual form as to Parsons, the maker; as to Hull, it states that he endors- ed the note to induce the plaintiff to accept the same, and that it was protested when due. The defendant Hull demurs to the complaint, because (2) does not appear at Hull endorsed the note to plain. tiff, This would not be necessary, because the note was made payable to plaiutiff, and is in his possession. (2.) Eceause it does not apper that the note was ever deliver <4 to plaintif. This question has been lately deelded by the Superior Court, in Criswolt vs; Laverty, (12 Leg. ob, p. 316.) ‘The Conrt rays actual possession of the note before maturity is prima facie evidence of ownership, andl of he holder’s right to recover upon it, &¢. ft this upon the endorsement, certainly a delivery may be pre- umed from a legal possession of the note, when the rayeeof the note is the plaintiff. Andin 2 Selden, 209, the dectrine ix distinctly set led by the Court of Ap- peals, that possession of the note upon the trial is aufl- cient evidence of the plaintiffs title. Lastly, that there not in the complaint facta sufficient to constitutes cause of action. In Hall ve. Newcomb, (7 Hill, 41¢,) it ly settled that one who endorsed @ note paya- third person without a previous endorsement by such payce, could not be made liable as guarantor, but could ouly be held as endorser, and was entitled to proof of demand and notice. (See Hill, 80; 3 Hill, 587.) This doctrine was reaffirmed by the Court of Appeals in Spies vs. Gilmore, (1 Comst., 521.) The complaint charges that Hull endorsed the note to induce the plaintiff to ac- ceptthe same. The consideration of the note is to be presumed from the making and selivery. - The averment that Hull endorsed for the purpose of inducing plaintiff to take it, is equivalent to saying that it was endorsed by Hull prior to its delivery to plaintiff, and the subsequent allegation that plaintiff is the lawful owner and holder of the note, e out enough to sustain a recovery in his favor against Hull, if these facts are proven. It would not be necessary upon the trial to prove any- thing more to make out plaintiil’s case than the signa- tures, the demand and hotice, and the endorsement by Hull as security for the maker, or to induce the plaintiit to take it. All these facts are stated in the complaint, and although a few more words would have made the whole free from objection, still I think there is enough to make out a cause of action. ment for plaintiff, on demurrer. answer on payment of costs. Court of General Sessions. Before Hon. Judge Beebe. Nov. 15.—Rewdyism.—John Hoxey was indicted for knocking down John West, a German, on the night of the 24 of November last, at the corner’ of Madison and Jackson streets, and attempting then and there to rob him of a carpet bag. The attempt at robbery was not proved by the prosecution, and the jury fround a verdict of guilty of assault and battery only. Sentenced to twelve month in the Penitentiary. Disorderly House.—Harriet Woodburn was indicted for keeping ® disorderly house at 674 Greenwich street. Several witnessen, including police officers, testified that men and women of loose character were in the habit of frequenting this house, that they had often been guilty of riotous conduct there, so as to distarb the peace of the neighborhood, and that on some occasions cries of murder were beard proceeding from it, The jury, with- out leaving their seats, returned @ verdict of guilty. ‘The detendant, who was not in court during the i..sl, will be brought up ou Friday for sentence. An application was made by Mr. Holmes on bebalf of Theodore L. Peverelly, (who was indieted for the same cfence for which his brother las been convicted), for adminsion to bail, Taking into consideration the youth of the younger Peverelly, who is only fourteen years of age, the Court accepted bail in $5,000 from John R. Simon, manufacturing jeweller, 86 Ann strect. ‘As there was no further business, the Court then ad. Journed fer the day, Defendant may Police Inte! COs A Fine Haul of Pickpockets.—Four young men, named John McCarthy, Thomas Joyce, Thomas Robertson, antl henry Williams, were arrested by officers Corser and Frost, of the Fifteenth ward police, on suspicion of being pickpockets, as they were seen’ by these officers in the vicinity of the University, very busily employed in shing up against citizens as they e streets on their way to the U taken to the Police court, at Jefferson lowing articles were found in their snion :—One gen- tleman’s gold hunting watch, Teplee, with anake chain attached; a lady’s gold watch, an old fashioned one, made, it is thought, in France, with a very slight gold file gold trikete; to, Grenty dollae golt. pieces; and it ; two twenty dollar 1 about $150 in bills, As all thes need supposed to be stolen, owners for the are requested to call at the police court and Wiske thetr ‘afidavita, and recover tials prowess . All the were commit- ted to prison to await an examina’ Grand Larceny.—A man named Ji Reynolds was arrested by officer Dunn, of the Seventeenth yh ge jo. jarged on the complaint of James Byrnes, of ue B, with baving stolen from him gold coin and ila to the amount of $94, and also watch, with and rings attached, valued at He was con- i before Justice Welsh, who committed him for s hearing. Heeelcing Stolen Goods.—Officera Bulwer dnd Kemp, of the Fifth ward police, arrested a man named Michael Milliek, proprietor ef a second hand elothiog establish- ment, No. 10 West Broadway, on charge of having been | the receiver of lot of clothing and oy ) stolen a few nights ago from the store of Miss Roberts, 64 West Breacway, kwowing the same to have been stolen. The roperty was taken by some young thieves, and, itis al- Tegrd. o0ld to Millich for a neminsl cum, he kagwing st ¢ time that. the property was dishonestly obtained. Committed for examination. , the crown ever was, or that the people are nom, trustees for the heirs of nooks Sante; thet ef tated in the complaint do establish priority between the plaintit and thore under whom he elaime, and the charch corporat rhow ny fraudulent collusion between the Mate and offi. cern; that the placntifl and those from whom be claims Tuimty Women Neary Winowep ar Oxor— | The tamous Brigham Young, the Governor of Utah, and rand High Priest of the Mormons, came near having an 1 AL gpm oie 9 ee He Foon became, for the a = clothes nearly torn from him. — eer Jonaw ano knocked bate goad door of a 0 8e, anol it der it each side of the house. eis be George A. Leavitt was sentenced to the State prison for life, at Manchester, on Friday last, for robbing his father, under the threat to take his life, of 815, on the t of September last, at Amherst. MONEY MARKET. Weovmspay, Nov. 15-6 P. M. ‘There was a slight reaction in the stock market at the first board to-day, and prices were very much unsettled. The fluctuations were very irregular. Indiana 5’s fell off 4 per cent; Virginia 6's, 2; Erie Income Bonds, 2; New York Central Railroad, 1; Reading Railroad, 3; Erie Railroad, 114; Harlem, 3; Hudson Railroad, \. Mlinoia Central Bonds advanced 4 per cent; Delaware | and Hudson, ; Chicago and Rock Island Railroad, 3;. The most active stock on the list to-day, ae ft has been for several days, was Erie, and the aggregate operations were equal to all others combined. It seems to be the | regulator of the market. ‘The heavy shipment of specie | by the Arabia to-day, has produced a heavy feeling in the | street, which will probably last a day or two. The | movements of specie are now watched with a good deal | of anxiety, and the public mind has become particularly | sensitive, in consequence of the depression weighing upon all Sinancial apd commercial matters. This feeling is caleulated to bring about its own cure. It carries a remedy within itself that will lead to a radical and tho- rough cure of existing evils. No one foels disposed to enter into new engagements of any kind, and all are making strenuous efforts to wipe out old liabilities in the shortest possible time. ‘This policy rigidly adhered to must ultimately work wonders. 3 At the second boar the market was blue enough to satisfy most any one, however bearishly disposed. Erie Railroad declined 1 per cent; Nicaragua Transit 3 ; Illi- nois Bonds 3; New York Central Bonds %; Cumberland Coal 34; New York Cen ral Railroad 33; Reading Rail- road 1; Michigan Central Railroad }{. If there is a much lower depth for these securities, the sooner it is reached the better for those interested. The steamship Arabia from this port for Liverpool to- day, carried out $1,281,667 11in gold bars, and $1,000 in sovereigns. This is a much larger shipment than anti- cipated, but it will not reduee the supply in the banks. ‘The demand for exchange for this packet was through- out limited, without change in rates, Mr. A. H. Nicolay’s regular semi-weekly auetion sale of stocks and bonds will take place to-morrow at 123, o'clock at the Merchants’ Exchange. The Mechanics’ and Traders’ Bank of Cincinnati, a branch of the State Bank of Ohio, is reported as having failed. ‘ The public are advised by the following letter of the security of the Ohio State stock bank notes :-— TREASURY OFFicR, Couvmavs, Ohio, Nov. 11, 1854. Sm—In answer to your inquiry I reply that’ the notes of the Miami Vil'vy Bank, Canal Bank of Cleveland, Savings’ Bank +) Cincinnati, City Bank of Columbus, and all other ©» stock banks, will be received for taxes and all 4:!.r public dues, at this office, ax heteto- fore. The ex are abundantly secured by the pledge of Ohio er! United States stock in the offices of the Auditor :ul Treasurer of State, which stock are still comms. ing a premium in New York, No bill holder need necessarily lose anything by Ohio stock paper. J.G. BRESLIN, Treasurer of State. The General R&ilroad Convention (John P. Jackson, President, and Gordon L. Ford, Secretary,) met yeater- day at the Astor House, pursuant to notice, and, after a genera) discussion of topics requiring action, adjourned to meet at the same place on Thursday evening, the 23d inst., at 7 o'clock. The warrants entered at the Treasury Department, ‘Washington, on the 13th inst., were as follows — For the redemption of stocks For paying other Treasury d For the customs.. Covered into the Treasury from custor Covered into the Treasury from lands Covered into the Treasury from BOUTCER...0 0. sees For the War Department, For repaying in the War Lepartinent . 18,045 00 For the Navy Department . 67,500 00 The earnings of the Michigan Central Railroad for Oo- tober were as follows :— seellaneous 58,510 00 1853, $95,653 16 97,085 28 ._ 1854. $167,178 40 Pasvengers .. Frei Heeeeee 95,845 35 2 Mis-ellaneous., 4,655 23 6,525 09 $200,163 44 sees . $67,505 51 ‘The recespts of the Norwich aad Worcester Railroad for October were as follows :— ‘Through passengers 793 21 J ocal pasvengers.. 3513 37 Freigh' 16,026 24 Mails, & 23082 032 60 Total. . October, 18: Decrease. We learn from the Detroit Advertiser that the steamer Samuel Ward was expected to pass through the canal which has been constructed around the Sault St. Marie, at some time the present week, on her way from Lake | Superior to Detroit. ‘The opening of the canal will be the megns of connecting the great Lakes Superior and Huron by navigable waters, and will thus afford ample facilities for developing the rich mineral resources of the Superior regions. ‘At a railroad convention at Salisbury, N. C., on the 2d inst., resolutions were adopted in favor of a general sys tem of internal improvements, and of the State subserib- ing for two-thirds of the capital stock of such works as are caleulated to develope its resources. ‘They also de- clared it expedient to construct a main trunk line of rail- road from the most eligible point on Beaufort arbor through Onslow to Salisbury, and thence weet by the most practical route to the Tennessee line; and that the Legislature be urged to pass an act authorizing the Nortn Carolina, Tennessee and Ohio Railroad Company to run from the town of Wilmington, or from some point on the Wilmington and Manchester Railroad, through the town of Charlotte, to the Tennessee Inne. The receipts of the Chicago and Mississippt Rai Company for the fourth week in October, amou $40,044 70. Total earnings for the month of Octobe $141,500 18, The Boston Traveller of the 14th inst., says :— ‘There is no variation to notice In the money market to day. ‘Transactions at the Hoard were much larzee, whe market fs, by no means, animated, Eastern Ba road declined 35, olosing Weavy at 36% auked. Wilminz- | ton dull, falling off 34 from last sales, Fitchburg sold | at 84, closing firm and in good demand at this price Northern in request at 36, with a very small ainoun stock on the market. Western is wanted at 96, seller. at present rates being very scarce. Copper Falls con tinues to decline, being vitered for sale at 34, and only road to | LO bid. The idea of another assessment operates very | unfavorably. Only a single sale of railway bons, wh'e was about I per cont lower. | ‘The report of the Cliff Gopper Mining Company of Lak» | } Euperior gives the product of nine mouths ending Au gust 31, 1854, as follows. — | entirely its Savings’ Bank depos! | directors, and the reasonable doubt which exists of the | insufficiency of the assets, I should think the interests Masa copper, Tbe 315 Sampings, Ibs......520,307 Parrel ore B46, — i)? ‘Total, wasbedelebees ste roekOOQORe: | ae The average product of the last three months ha somewhat exceeded a hundred tons per month, ani + is probable that the three remaining months of the yea will bring up the total product to eleven hundred ant | fifty or twelve hundred tons. A dividend of $8 per share wan declared on the 13th September. The last annual report of this company is highly favorable as to the pros- pects and condition of the mine, The vein never looked 90 promising or yielded xo richly asat present. In one | part of the vein they have exposed the largest mass of | copper ever found on Lake Superiorestimated to be | over 200 tons. It is intimated in the report that it may | be necesrary to reduce the dividends for a time, in order to seeumulate a working capital, for the want of | which the company’s operations are considerably em- | barrasved, On the Oth inet. the opening of the great Illinois Cen: tral Railroad Company to Galena was celebrated. The portion Of the road now brought into use and which was the occasion of the celebration, extends from Freeport to Galena, a distance of 62 miles. With the Galena and an Union which runs to Freeport, it gives Chicago a railroad connection with the Upper Missis- sippi, and its influence upon the prosperity of that city is already felt most sensibly, as they | “haveenjoyed scme of its advantages since the opening of the Rock Island Railroad. Following the main trunk south from Freeport there is arapace of about 48 miles | toa small town called Amboy, ten miles south of Dixon, which fs not yet completed. The work is in a for- ward state and will be finished early in January. From Amboy south to Vandalia, distance ‘of | 196 miles, it is finished and in operation. From — Vandalia to fandoval, 26 miles, and also « mall gap of about five miles, near Centralia, remain to be com- Pleted. From Centralia south to Cairo, 113 miles, the | road is completed and in operation, and as soon as the five miles near Centralia is completed, which will be in about a week, St. Louis will haves railroad connection with Cairo by the Ohio and Mississippi and IMlinois Cen- tral roads, Three parties are Inaying track on the twenty-five miles south of Vandalia, and by or before the lst of December Chicago herself, by the Aurora or the Chicago and Mississippi and the Illinois Central roads, will have a direct railroad conneetion with Cairo. All the main line, therefore, will be finished by the Ist of January, except sixteen miles from Galena to Dubuque. Of the maim trunk, all will be finished from Cairo to Galena, except forty-eight miles south of Freeport, by the Ist of December. From Chicago, the Chicago branch is completed to a point forty miles south ef Urbana, a distance of 166 miles from Chicago, making, with the 454 miles of the’ main trunk already in operation, 574 miles of railroad which have been built and put in operation by this company in a little more than two years. From the point forty miles south of Urbana, about eighty miles of the Chicago branch remain to be completed early in the spring. The grading is in a state of forwardness, and as soon as the iron can be brought ‘on, after the opening of navigation, it will be finished and put in operation. Chicago will derive, however, nearly all the advantages the road can afford by a con- nection with the lower Mississippi after the 16th of De- cember. The entire track of the Galena and Chicago Railroad is now completed, andthe ears have run the whole dis- tance. Thé receipts for the month of October, will amount to about $152,000, The free banking law of Illinois is altogetherdifferent | from that of Indiana, and we believe it is much more fairly and honestly administered. The circulation of the banks of Ilinois is redeemable on presentation, and the securities for its redemption are such as can be made available without sending to Lomdon or Paria fora market. What is perhaps as important an item in the operation of the banking system of Mlinois as any other, is the fact that the Auditor, or whatever Stat officer has control of that department, is in no way inte- rested in any banking institution, or connected in any way with the eimbarrassments or difficulties which may beset the banking affairs of the State. $13,100 advanced to shortly before its saspet sion, and which ie to him with interest ; au! ater & Vermilye have also In their hand circulating motes, which belong to thr bank, and for which the bank has received no valuc that the annexed list, marked B, and signed by deponent contains a true statement of the names of the stock holders of the bank, and the number of shares held by each, as the same appears on the stock ledger at thir ti d ix the same isely aa at the time of suspen- sion; that the annexed statement, marked C, and signed by feponent, contains list of all the bills receivable with the names of the parties liable.on the same, and also a list of the persons indebted to the bank by over- draft, with amounts; and that said list also embraces an estimate made by deponent of the value of said assets, and of the amounts, which, according to the best of nent’s information, judgment and belief may be therefrom; that the paper hereto annexed, marked signed by Sepouent, contains @ statement of the indebt- Iness and Habilities of the directors to the bank, exclu siye of their indebtedness on their respective stock notes; that the Semen tof the bank from its or- ganization up to this time, amounts to $21,534 61, about two-thirds of which 1s for salaries, rent, furniture, booke and stationery; and that the profita of the bank, includ- ing the interést paid by the directors on their atock notes, amounts to $8,542 60; that the savings depositors have noother security for their deposits than other de- itora; that no dividend has been made to the stock- oldera; that, as will appear by said statement annexed, marked D, the indebtedness and liability of the directors as and endorsers of bills receivable held by the bank, 5 78, exclusive of thelr stock notes; and their ind@OM@dnens on ever drafts amounts to $9,080 63 amounting together to $38,085 31, out of which deponent believes can be realized $22,711 43; that deponent finds it utterly impossible to make an estimate of what may be realized from the drectors’ stock nutes, for the reason that they do not admit any liability on said notes, but intend to contest the same; that the debts due to the bank from others than directors, amount to $18,306 07, of which $2,050 86 is overdrafts: and deponent estimates that, of said debts, $7,108 62 will be realized. fois tatciec(\ikésiones marcone ‘ orn to, tober 31, fore me. Signed. E. M. BLATCHFORD, Special Agent, &e. The following is the estimated value of indebtedness © the bank, other than from disectors:— Gros Amount. Estimated Value. Notes not due, 85,332 98 Overdrafts.. $1 92 Trotested notes and over. drafts. cess 8,077 SE 2,833 12 Fixtures, &e Lt 7695 00 ‘500 Totals ...cceeesesre+++:$19,060 07 98,198 “yhe following is an abstract of the indebtedness of directors:— The annexed statement exhibits the average condition Discounts. Qverdrafte. Total. Er. value, of the leading departments of each bank in the eity of 6,400 09 $7,000 10 $13,429 10 10,069 0 Boston, for the week preceding Monday, November 13, 3 — 3332133 ‘430 00 1854:— 986 33 ats SH O2L OD — 21375 0 1,187 50 Bank: tone ©” specte, Deposits. Cireu? ob 2 Goan iz Boab Be flanks. Loans. € ie. ireul’n. | + Atlantic $859,100 $49,265 $307,582 $192,675 , = 5 eee 924, 37,218 224,917 167,793 | 2h ten en 82\070 350,428 274,692 | pi nati ag 189,057 710,774 229,549 | 28,095 78 $9,080 53 $3,086 319,22711 43 5, 30,401 62,494 868,187 198,492 Reet ennee: 201/147 188.126 'KDNESDAY, Nov. ea 4 Beo'309 gao'za7 | $5000 Ind Btate 5’s., 80 10ehs CL&TOIRR. 67% osdo 216) 36 85 Chic & Rock I RR 73 180,051 pee) 478,841 301,556 162)421 313,981 222,040 a: Beal gh 58,832 164,020 295,081 | J00U0N YC RR bas, 63 55 Market... 53,311 253,901 210,089 | 100 shs ees Massachu: Maverick. Washington 209,678 Webster...... 555,510 Totul...... 61,423,284 3,086,900 13,985,387 8,656,451 | A comparison of the above footings with thone of the | statement of the previous week, eximbits the following | 10 do .. 113 70 Bk State N York 96% 15 do 0655 100 Metropolitan Bk 100% WO dO veessee, MOI 5 Continental Bank 99 880 196 300 Flor & KJ¢8..03 34 200 Nic Transit Co... 4 a #3 200 do 100 Hud Riv 60 results:— 5 Cleve, C&C do. Bosron Banke. 10 N Jersey RR. 6. aoe. Te SECOND BOARD. See $02,130,750 Inc. $2000N Y Cen, RRbs 83 100 shs Read RR..s60 6816 mon 7 «ve e880 GBS counth......., 61,J83,713 $1,423,284 Ine, Be ae Re eet: Specie ..... 1... 8)422,696 3,086,900 Dec. Mer. 46... 8 ‘95 Mich Con 9 Due from other 20 Erie Railroad 30 banks... Dec. 30 le us Tue other bani Vee. 25 rnd Deposits. 13;935,387 Dee. Joo ao Cireulation . 8,656,451 Inc. 0 50 do The increase of capital is made up as follows:—Eliot 5 Nor Ind 100 do $2,200; Maverick, $7,600; National, $8,900; and Broad- | 260 Cum Coal Cu. bo 4 = + 7 2 1o way Bank, $1,400. ; a‘ s00 $0... bid BBs ‘The-Albany Atlas of the lith inst., contains the re 824, 100 ty b60 36 yort of ths special agent appointed to examine into th 82 10Ghie Rock RK 73 condition, &c., of the Eighth Avenue Bank: 68% GO neon +o 99 TEM Nrw York, Nov. 6, 1854. NE RE ToD. B. St. Jouy, Esq., Superintendent of the Ban CITY TRADE REPORT. Department:— Wepsespay, November 15—6 P. M compliance with the request and instructions Arurs were about the fame. contained in your letter of 26th Oct., Lhave made an 1 urapsTurRS.—Flour was in very godd demand, asain- examination Into the affairs of the Eighth Avenue Bank | ly fcr home use, and the sales comprised 9,400 bbls. : or- in this ci ‘The result of my examination ie contained | dinary to choice St ut $8 a $8 3734; mixed to fancy in the testimony herewith of Mr. Charles Sandford, the | Western, $8 50 4; extra Western, $9 26 a $10 50; cashier of t nk. It is full, and in connection with | extra Genesee, $10 37}, a $11 25; 3,200 bbls. superfine annexed toand forming part of it, it will | tory of the management ot the bank from | the beginning, as well as of its present condition. I have | | elx prime Genesee white, at $2 2714; and 2,000 Canadian | do., free, at $2.15. Sales were also made of 4,000 busb- great Coubts whether enough can be realized from the assets of'th bank to pay its debts; certainly not, with- out much vigilance and promptness in collectingthe ag- | ets. ‘the capital is $100,000; and you will see that not much more than hall of it has ever been paid in. Its principal debtors are the directors, and its creditors are almost . The securities which you hold for the redemption of the circulating notes, think willbe foundto be very nearly if not quite adequate to that object. In yiew of the large indebetedness on the part of the of the creditors would be best promoted by the appoint- nent of an efficient receiver. Such is the opinion of Mr. Sundford, the cashier, and of Mr. Jacob Cromwell, one of the directors and a fermer president, and who is taking etepe for that object. Lem, with Fe reapect, our obedient servant. (Signed) ’ R. M. BLATCHFORD. In the matter of the Eighth Avenue Bank in the city of New Yorkh—Testimony takea by Richard M, Blateh- ford, special agent appointed by D. B. 8t. John, Su- perintendent of the Banking Department. City and County*of New York, st.—Charles Sandford, sworn, says that tho Kighth Avenue Bank 1 eity on the 9th of August, ‘d business at corner of Eighth ave- third street on the 20th December last; Canadi. , in bond, at $8 50 $8 624%, and free, $9 60 o Southern flour at unchanged rates. ‘The sales included 2, busl & > ax improvi els rye, at $1 31 a $1 32; 4,800 buehela two and four rowdi barley, the former at $1 8734; and 87,000 buanele corn, at §8c. a 9c. for commen to prime Westkrn mixed, and 9c. for round Northern yellow, per bushel. Covre.—The transactions were light and confined to 100 a 200 bags of at 10c., with small sales of St. Do- mingo, at 94¢c. a £ and 50 mats Java, at 13\e. Cérvox.—the market was steady at the annexed quo- tations, with sales of about 1,000 bales, part for export. ‘The stock continued light and ranged‘at the fcllowing rates— Uplands NY. Orleans. and Florida. Mobile." and Teas. Ordinary. 7% 8 8 Miccdling ® a0 9% 4 Middling 1 10 10% Fair. 0 n Fist were sparingly dealt in at old prices, excepting in the case of dry cod, these having been moderately in- quired for at $3124; a &3 50 per ewt., which showed a reduction, Mackerel and herring were firm, Fxe1Gu7*.—To Liverpool rates were steady, and 15,000 a 20,000 bushels of corn were engaged in bulk and ship's bags, at 6d., and 100 bbls. lard at 128, 6d. Cotton wa 4. asked for compressed. To London rates wer To flavre 10,000 bone were engaged at Kc. at 10e. per bushel, and sous n 1,500 bhds. tobacco were en ¥ cashier of said bank, having been appoint- | gaged at 15a.; 208 bbls. lard at 26. 34.,and 60 tons heavy ed March ast past; that from the commencement | goods at 258, To California rates were steady at 30c. up to his appointment, ; | She. per foot measurement. A vessel was that by the ie talol kad bank was $160,000—éivided into two tho shares of $50 ench—which capital was all sub- for by the directors, as follows: Shares. 0 John Y. Gridley. John P. Paulison A. G. Newnan Jacob Cromwell, George W. Steve Joshua Barnes elected Prasident, and re reeeaded same day oy Ja thereafter, was removed ° remained vacant joseph Totter the original di their places. 8109,000 capi only $56, 1 of ‘the bank, nce; that $1,500 of that but ‘was a bond and mort- page for that con wived from how Peel Cromwell, a Prekbelder. onc rode ever subsequently to the Banking Department; tat the rematuing $43,800 of raid capital was not paid et all in money, but in the promissory notes of the directors, following, viz. — ; iy and nene amount was net ‘ewfoundland at 55c. per bbl. for provis! and for flour. Two small vessels were chartered for ‘Attaxapas, to load with sugar and molasses for New York, at $% por bhd. Fi ‘Te sales embraced about 500 boxes M. R. rai fi 5. HAy.—Sales of 500 a €00 bales were made at O5c. a The Hors.—There was rather more doing; new at 36¢.g 30¢. per Ib, Inox,—The market was steady, with moderate sales at unchanged prices. Lats —bastern were rare aud held stifly at $2.25 per thouran Leap.—fales of about 260 tons Spanish were made O at cae cargo of 100 tons St. Domingo was sold, it $21. AVAL Stonrs,—Spirits turpentine were held at 63c._ + About 1,200 bbls, rosin were sold, common at $: 7 . 1 and fine at $2 50 a $3 12, e nothing mew to notice in whale or wales of other kinds were . The confine! 0 baskets olive at'$31, cach; small lots of linseed at tie. a bhe,; and of winter lard at 823¢c. a 87)ge. pec gallen, Prov 1s10x8.—Pork pt ge 4 active and firm, sales havirg been made to-day of 1, barrels at $12%¢ for mess, and $1) gee ne per barrel. Cut meats ‘ged. e wales of lard reached 1, barrels; time, mostly at 1044c. @ 103g. per I + request, but slightly favored bu; having been made of 750 berrels al $53¢ a $7 for country prime, 0. do. $14 for city do., $16 a $104, for Cp te’ ee for re- $ itt cat ednas ore petety actively avegit stten at C.M. K; Paulson, 3 notes for $8,650 cach 10,950 6 re ). Areson, 1 note for 3,650 jces. James L. Dayton, 1 * G0 | ral Esrats.—By Cole & Chilton. Brooklyn 4 Samuel P, Everts, 1‘ 3,650 | One lot on Brooklym avenue, near Willough! Jeoneph Potter, 1 8,650 | $400; ane do. do., , $375; one do. on 4 George W. Stevens, 1 3/450 | by avenue, between Kent and Franklin avem ; Garret Van Cleve, 1 8,660 | one dv., ining, $180; two do., adjoining, John J, V. Woxtetvelt, 1 note 3,650 | £410; one do. do., 8210; one do. on Kent avenue, between John V. Gridley, 1 note for......... ‘3660 | Willoughhy and Myrtle avenues, $370; one sdjela- That each of said promissory notes was dated January | HE) & hyod 4 on Graham street, in rear of the Ast, 1854, payable six months after date, with interest, and were sesured each by seventy-three shares of the y stock of the bank; that at the matority of said notes, July fi ); one do. fxx00.—Clover was rather more active at 100, ® Lido. pes Te. ‘There was a scarcity of American sh was held at $1 76 per Lat, laet past, they were renewed for six months more, } 48%) W rit interest—th ‘ued interest bei paid in were unel Q task) tone eos Tenewed nts tre now fa Moponant’s sega? We heard that 100 bones Castile found buyers hand well as the oeftificates of stoc! hap mh iio: to he f uti in blank for the trans. —The was hy bs wales fer of the same, that ‘aid ‘bank. topped payment a | ineleded New O:lsans at bien and 30 boxes brews i before’ 3 o'clock on t yt "i 7 har trom te conmencemont up (ois roppage, feheld | , f¥Icrm—About £000 mats of aaa were: aold at, es “itself out to the public asa savings bank as well Dank of diecount ant deposit, as will appear by the 2%, and the ether deporte to about $1,000—the former having been reased «by payments in money, and the latter by anee of the tame Ia the way _of offset to depositors who were febtors, of “thé. bank; that tes of the bank amounted at the # $100,037, and are the same in amount now, except that the bank has now in hand $712, received sinoe then from ¢« btors in payment; that $13,221 of said Cogs ing notes are now pledged with John Thompson ‘TatLow.—Sales of 16,000 Ibs, city rendered, wore made ti t hereto annexed, marked A, a1 by | ot ese. | Spon mat, and which was appended to the ag ce De wire nee Polat was quiet and somewhat nominal t it the ti {aid stoppage, the savi 5 \s 5 ane a oe a aue tba S4, andthe other deposita to $1,084; | Witisxer.—There have been 400 barrels Ohio/and that at thie (ime'the savings deposits amount to 627,801 priscm taken at 42c. 423¢c. per gallon. New Bepvorp On Marker, Nov. 18.—Sperm—" Ww jal lov. have been checked the ast weck In confequene ot vance icon holders. i Boia, eat ists: have to report is which Weldern - Whale—Yhero (ge whale.” The vidal weet ie ich pole el ales for the