The New York Herald Newspaper, March 4, 1859, Page 2

Se Chamber of Commerce. ‘The Chamber held their regular monthly mecting yes- terday afternoon—Peletiah Peritt, in the chair. \ ‘The following named gentlemen were elected members’ John R. Bacon, William Barton, James A. Boorman, Wm" F. Gary, Jr., Wm, Cotheal, Edward F. Davidson, Wm. F. Grinnell, George B. Grinnell, George W. Hennings, Robert B. Milliken, Edwin Parsons, Samael H. Rokenburgh, Jacob J. Sherman, Jackson 8. Schultz, Andrew V. Stout. Adam Norrie was clected a member of the Committee of Arbitration, A communication was received from the Provisional Trustecs of the Central Park Observatory, asking that a Committee of Conference be appointed by the Chamber, ” §m regard to uniting the projects for an Astronomical Ob-. servatory in the Central Park and the Mercantile Obser- yatory on the Battery, the latter one being the special rojest of the Chamber. The communication was re- to the Commiltee on the Observatory. ‘The subject of amendiag the by-laws, 89 that members should be elected vive voce instead of by ballot, was re- ferred to the Executive Committee. ‘The Executive Committee reported amendments to several of the by-laws, oue of which was to raise the annual dues from three to ten doiiars; also rescinding the clause which makes naturalization requisite to mem . The setae pow ordered to be printed and presented at the next meeting. Jou H. Soran tnaites motion, which was adopted, that the quarterly meetings of the Chamber, heretofore held at Cunton ll, Astor place, be discontinued, and that all future meetings be held at the down town rooms. Roprxt B, Minrcrn asked the indulgence of the Cham- ber while he made a few remarks ia regard to the sub- ject of the Quarantine. He said all vessels arriving at ‘this port were under the control of the Health Officer, and when they arrive are brought toand boarded by him, and that officer, by his prerogatives of office, disposes of them as he pleases, This was one reason why the commerce of the port had been subjected to so mauy embarrassments, He beld in his band a memorial signed by the underwrit- ers and New York merchants, to the Legislature, asking that the Heaith Officer be paid a salary and the present system of collecting fees be abolished, and that his power extend only to such veesels as might come in the sickty seasons of the year from uphealthy ports, amd that his wer should be restricted so that the merchants of New ‘ork might have equal privileges with other cities. The memorial alzo proposes that yease!s arriving trom Euro- pean ports should not be subject to detention at Quaraa- tine, but be allowed to come to the city and anchor off Castle Garden, and before communication be aliowed with the shore that the examining physiclau of the Board of Health inspect such vessels, and if any sick persons are on board to Lave them removed to Ward’s Island, and the healthy passengers to come oa shore. CuARLES H. MARSHALL said be had a conversation, few nights ago, wilh ex Governor Seymour, one of the Qua- rantine Commissioners, aud the pian now proposed wasthe one he favored It was very evident that as long as the Health Officer has entre control of ali vessels arriving in port, he will subject them to unnecessary deiays. For instance, if a vessei arrives from any port in Europe. and bad an jaolated caseof smallpox on board, she would be quarantived for several daye. Tris was wholly unne- cessary. The fick should be taken out and placed in charge of the Commissioners of Emigration, to be sent to ‘Ward's Iriand, and the veesel atlowed to come up to the .city. In regard to the separation of the Quarantine from the emigration basinces he thought it would relieve the Com- missioners of Emigration of a great expense, Tne original intention of the Quarantine was to detain ovly such yes- sels as had yellow fever or cholera on board; but it had ‘become the custom, dy the unlimited powers vested in the Health Oflicer, and who appears to be the arbiter of the commerce of the country, to detain ail veseels at bis plea- sure. This is entirely uvneceesary. Ho had a conversa- tion with Governor Mo:gan oa the subject of modifying the eseLt stringent laws, avd be had promised todo all in is jower to bring’ i about. The plan proposed will relieve the commerce of the post of New York of agrest expense, H: knew of cass whero vessels had been subjecied to from twelve to fifteen hundred dollars, under circumstances wien such detention and expenses were entirely. onnecessary. The quarantine business should be under the control of the Commissioners of Health, and the control of ail vessels arriving with yellow fever or cholera on board be left catireiy with them. Jonx H. Brower said there conid be no necessity for re- quiring vessels from foreign ports to be quarantined unless they have on board persons suffering from infectious or con. aces. He thought the coast and interaal co: ld receive some consideration from the Lagi Jature. ng from unbeaithy ports should be relieved of their cargocs as soon as possible. It was @ Perfect farce to detain vessels in the lower bay while atevedores engaged in unloading them were allowed to go down im the morning an4 return to the city at night, sod * also to allow tbe captains and passengers to come up to the city while the voese! was subject to a detention of se- veral days. ‘The momorial was approved, and ordered to be signed by the officers of the Chamber. Mr. R. Purtrs presented a memorial from the Board of Underwriters, stating that the mouth of the Mississippi ‘Was greatly obstructed by sand bars; that large vessels can hardly get over them. The communication asks the Chamber to memorialize the federal government to ob- viate the difficulty, by taking prompt and energetic mea- sures to remove these obstructions, and render the mouth of the river navigable for ships of a large size. He said the owners of the steamship Biack Warrior had been unable to geta ship to take her place, on account of the shallowness of the water on the bar, Referred to a select Committee. ‘The attention of the Chamber was called to a memorial tothe President of the Unived States from the Board of Trade of Portiand, M reference to the Reciprosity treaty with Cavada. TheCorkesronpina Secretary reported that a donation of forty.two volumes of valuable State papers had been made by the Secretary of State. ‘The jollowing named genttemen were nominated for membership:—-Wm. Burns, John A. Barton, James Galla- tin, S. B. Ruggles, Anthony Scheitlein, R. A. Withans, E. J. Maun, Geo. C. Saterlee, Chas. W. Butler, Thomas Rig- ney, Geo. G. Hobson, Benj Pomeroy Elwards, W. Cole- man. The meeting then adjourned. Police Intelligence. The police are busily engaged in working up the jewel- 1y case referred to ip yesterday's Herap, The prisoners were brought to the lower police court, and from there to the office of the Deputy Superintendeat, where they are now confined. yet no owner bas appo: claim the property, bat the police are sanguine of suc » and expect a claimant hourly, It is supposed that tha jewelry bas been bro: here by some thieves from Ha- Vana, whose object was to dispose of it In this city. Charles Martin and Dennis Hurley, residing at No. 196 Division street, were taken into custody by po! n lyon and others of the Seventh preciuet, on charge of burglary, in having, as it is alleged, entered the dwelling house of Joseph H. Hobby, No. 61 Rutgers street, and stolen therefrom about $60 worth of ciothing. ’ The roperty, together with the prosecds of ,committed at the” store of Logan Fay found at the residence of the pris’ Ws committed the accused for trial, in de- fault Of bail. Captain Curry, of the Twentieth prec brought before Justice Welsh at the Cay inmates of a cen of prostitutes at No. 475 and 4 “avenue, the above place hav for a long time beena great nuisance to the neighborhood. ‘The parties arrested were laurenis and Barbara Baurcis, Jacob and Sesan Discb, and seven girls, all prostitutes, The girls were discbarged, but the first named parties, who are the pro- Prictor® of the place, were held to bailto auswer. A Young girl named Rapp was supposed to have been jn. @uced to-make her home with ‘is low creatures, but no trace of her could be found, and it is presumed she was ecoyed into some other iike’den in the neighborhood. * _ ‘Two notorious hotel thieves, named Bill Moore, allaz Black Bill, and Chas. Cull, Ger ther ee arrested by yesterday officer C. V. Hog: City Hall police, operating on Passengers at the steamship City of Manchester, just as * she was about to gail, Both of the above parties are old offenders, Moore being arrested about elebt years azo for opening a state room on one of the Collins steamers. hen Moore observed Hogan watching him he ran of, and in bis flight threw a eet of false keys and a jimmy into a lumber gard. He wag, however, captured, aud with Cull was conv‘Fed to tho Tombs and’ locked up. Those two men are also said to be connected with a regular gang Of river thieves, and since tue organization of the new Jice department they have had a free field to operate in. ey Will be shown up to the detectives, aud a stop for the futu nt to their old trade. William Johngon and Jolin Thomas, residing at No. 02 Morroe sirect, quarrelied ycsterday’ morning, when tho latter crew a nite upon his adversary and stabbed him in the temple. Justice Steers committed the assailant for tela! on charge of felonious assault and batte’ Michael Boyle, an alleged fugitive from Newark, N. J., Was arrested in this city yerterday, vy detective Rosh and sert back for tria’ fugitive is charged with hay. ing, in concert with three others now in the State prison, broken into a dry goods store in Broad streot, Newark. lh sal a 5 The Law Courts. UNITED STATES CIRCUIT CovRT. Bofore Hon. Judge Ingersoll. Mancn 3.—Solomon LV. Kllethorp vs. J. W. Robertaon and others.—Bill diemissed. UNITED STATES DisTRICT Cot Before Hon. Judge Rotts CHARGE OF SMUGGLING ‘The United States vs. Nindeen Cold Chains.—This was a Built to condemn nineteen, gold chains attempted to be pn ag in a bat box coming from Burope. Docision re- ved, United States District Court—Calendar for Friday—Nos. $7, 74, 82, 84, 92, 93, 96, 06, O7, 08, SUPREME COURT—SPECIAL BRM. Before Hon. Judge Glerke, Jolin Barry et al. vs, Elias P. Willi Privat bd pd Elias P. Wiliams et al.—Motion for Rileot Perm vs, John 7. Hed, —Case ; mens sscnt allowed and the chore mot atogen ot nea Before Hon. Judge In Si Judge Ingraham. Homer Bostwick & al. vs Frederick Wunbridght e al.— eonted upon plaintir stipulating to pay expenses ‘tobe mamed by parties to attand examination: nt t© be made before leaving New York, and the exes nation to be read only on proof of inability « Witness 0 attend trial, pik Solomon W. Jewdt vt. John P. op grante Hicbert Hogan va. Ase Hoyt at ai Bale “cnied, without costs. eet re eave A Man Hono sy a Corrse—Tho Cincinnati says that on Saturday night last a body snatohe pg from a graveyard i tho noigin which he had placed in a bs hung while endeavoring to get over a high thaw, tea porpse Oates ‘one side and the body snatoher on tho Other, be having placed around his shoulders the cord by Whicll the sack was shut, and the cord slipping about his ane et al.—Motion —Motion to wet aside , The Investigation Before the Police Comumals- aloners. Y TO THE PRACTICE OF MAKING-MONEY IN bapa SQUAD—MORE ABOUT THAT PRESENT TO SERGEANT BIRNEY’ WIFE—THE REASON WHY IT WAS GIVEN, ETC., RTC. ‘The investigation into the case of the charge made by Sergeant Birney with reference to the Mayor’s squad was continued yesterday. Itexcites much interest in the de- partment, and many of the members were present. ‘The witnesses generally seemed to know m@thing at all, and Captain Leonard said he never heard such swearing in his life. He said he had beard of men who had boasted that they made money enough outside of their salaries to support their families, who had come on the stand and didn’t know anything about money being offered to auy- body. He thought there was some hard swearing. Mr. Birney said that he knew of men in the force who would not accept the best captaincy, because they could make more . He satir! remarked that ‘‘we have a Seth BO A AOE 8 in the force, and they are by the ceptains "air. ‘Walling—I do not know that they are. Mr. Stillm+n—Do the men make out bills for expenses and collect them Giepoedd - sno wietan of the roel Mr. Walling—They ‘suppose, present tne tan for wbom the work is done, and he might pay it, Mr. Stillman—Then there is no ig Mr. hanes phil that I know of; I never heard any complaint about Q. There might have been without any breach of the rule? A. Yes, sir; some parties for whom work is done pay the bilis of expenses themselves to save the officer r trouble. Q. Might an officer collect bills of and the de- partment know nothing about it? A. sir; the usual practice is to set down each item. @. There is no record kept? A. No, none but the officer’s own book. Capt. Leonard—If the work is done on the Governor’s requisition the State pays the expenses, and if on a war- rant the Board of Supervisors? A. Yea, sir; sometimes: those for whom the work is done pay the expenses, bo- cause the officer does not like to wait; the rs often have to expend considerable sums of money. Mr Birney—Is it not usual to often spend money in places: when detectives have to mix with the company 80 a8 not to be suspected? A. Yes; sometimes to take a driak or a segar, or something like that,to make somo excuse to go ib. Mr Philitps—Is it customary for the officers to give the items of their bilig?) A. Yes, sir; that was always my Practice. me Q. Ivis not to receive a check of $50 (4 la Burney) simply endoraed expenses, without any items ia the bill? _A. No, sir. Gcorge Keyser, sworn—Never heard any ramors or re. quests about dividing money with the sergeants; never beard of men receiving monucy,or gifts having been offered. Officer Quick never beard the sergeants ask the men to divide; never heard of men recciving money; had money offered to him; docs not recollect tho pereons who offered it; was offered $4 once on a ticket case at No. 147 Liberty etrect; had heard some grumbling about disagreeable duty—none about not having chances to make money; was informed that moncy was offered to Birney; did not know by whom; have heard that men of the squad would stand 4a the City Hail and pick up ticket cases; beard complaint of it; do not kuow by whose au- thority they stooa there; supposed of course jieor mage money by it; beard Sergeant Croft and Captain railing say the practice of standing in the City Hall must be stopped; it was a current report that the men stood there to make mouey; had reported men who had neglected their duty, James i Miller knew nothing appertaining to the case. Thomas Cholweli knew notting of any abuses in the squad; slways remarked that Brandt stood in the City “Hall, and always “had a case.’? J. L. Olden testified that he had been requosted to sub- scribe to a testimonial to Mr. Sergeant Birney’s wife and children; did not know who asked him for it, or how many paid, or how aay subscribed, or who they were; paid five dollars himeelf; paid because the rest ‘did; did not know for wi other reason be paid; the subscriptions were, he understood, confined tathe men from Mr. Birney’s ‘ward; did not’know to ‘whom he paid the money; thinks it was to Mr. Blackwell; thinks the value of tbe present was $80. Mr. Birney—The fact is, Mr. Stillman, those presents were made to my wile and child;I would not have re- ceived them for myself; I would not violate the rules of the department; 1 supposed T bad a right to receive them; | think if I did it would be the game as the sub- ecription to the sbield for Gen. Tallmadge. Freeman bat never heard anything jayor’e squad; had heard frequent jokes about the men receiving money. Mr. Horrigan testified that he bad subscribed five dollars to the p tio Mr. Birney’s wile, with the empectation that come favors were to grow out of it; if there were any favors to be distributed he wanted bis share; Mr. Birney was pretty thick with the Mayor, and he being a stranger to him, be (Horrigao) did not know but that if it leaked out that he bad refused to subscribe to vot rays it might not be good for him; he siuoply gu at these things. (Langhter.) The case was then adjourned until to-day at 11 A, M. Surrogate’s Office. Before Edward C. Weet, Surrogate, Maren 3.—Zhe Will of James P. Alaire.—Testimony in reference to the will of the late James P, Allaire was taken yesterday before the Surrogate. Cornelius Vander- bilt was sworn and examined as a wituess on the part of the contestants, He testified to the good feeling existing on the part of the children of Mr. Allaire towards their father, and that this feeling was reciprocated on the part of Mr. Allaire. The witness algo testified that he frequently beard the deceased speak of his children, and particularly of Mrs. Roe, of whom be appeared to be very fond, and always spoke of her in the mos: affectionate manner. ’ The witness bad been intimately acquainted with the deceased for over forty years of his life, Charles T. Marson was aleo sworn and examined—Ho testified that he had seen the testator writng, and was familiar with his handwriting, and being shown the paper ‘porting to be the will, he said that the body of the ia- atrument was tot in the handwritieg of the vastator, and he coubted that the signature was hie. The letter A was like his, but he could not see a regemblance in the remain- ing letters of the name, The case was, at this point, ad- jJourned till'next week. News from Venezuela. [Translated from El Monitor Industrial, of Caracas, Feb. 7, for the New York Herarp.) : After the promulgation of the new constitution in tho provisional capital, Valencia, ‘he game act, with more or less enthusiasin, took plavo in the other provinces of the “republic. In this city it was accomplished on the 29th and 20th ult., in the prosence of the civil, military and ecclesiastical authorities and notabilities of all classes. General Carlos Soublette, chief of the movement in the province, iesued on the same day a prociamation which was received by the people with great sutisfaction, calmed their mide and dispersed a gdod deal of mistrust. From men of such elevated views and go much political tact Venezsela has much to expect. A lamentable event preoccupied the minds of the in- habitants of this city two days after the new constitution was publiched, Several citizens—those who still regrot the former days of disorder und tyranny, and who aro hever satisfled with any regular situation—propossd to create a riot, meeting at dead of the night in tue neigh. Dorhood of the city. The authorities, being informed of the fact, detached a small force to the point of reunion. Those who projected the crime dispersed without making any reristance, leaving on the apot gome arms and war munitions, the darkness of the night and the broken ground preventing their being purs: This fact, although alarming fur dered, reveals only despair in so1 of the return of tne moment, well consi- ople who are afraid Of jaw and the principles of ws impotence, and. is'a trial to forces of the couutry are subject ed. But the majority of the Venozuelans love the iasti- tutions of their country, in which they behold the germs of its prosperity and aggrandizement. The National Convention closed its seasion on the 3d instant, after being assembled during seven months, having reorganized the country and sauc'iond different laws, amongst which that concerning the budget, wherein arc enclosed the sums allowed for aiting railroads, viz: that from Caracas to Petare, aad another which {sto put in communication the principal polate of the valley of Aragua to Valencia, The Convention likewise authorized the Executive to apply the sum of £2,900 sterling por year to the coaclu- Sion of a contract with a firm in Trinidad to the end of es- | tablighing a steam line from Ciadad Bolivar to Taguayra, Which is lo serve aga coatiauation of the Oronoco line, nd ip to connect the mort {mportant poluts of the interior onr extended const line, As to public credit, the Convention issned a decree by whieh is organized a commission for the liquidation of the entire debt, ordering to put at the disposition of the amor. tization department of the treasury he necessary funds for paying (ho interests of said debt, and assigned Iike- wise the {2m oF 400,000 pesos for the regulation Of the in- erior debi With respect to the foreign debt, 5 been destined in the budget for Rede kine Bev With the representative of our foreign creditors, Our public credit eannot be recovered within & short time, nor can one exact mach from a country which is just rising from deep prostration, Time and good manage. ment of the public revenue will achteye all. Provided the peace of the republic be not again troubled’ The question cf changing the capital from Caracas to Valencia was likewise discossed during tho session, ag it had been in the year 1880; but it was docided in favor of Caracas, Consequently the executive power will soon be pip bey, - ra wi nae ©n account of its having ernment, 0 8 that the Inet act of #1 - tion would have been an amnesty, which we have aliegpd pleaded for; but the Last events and the foars of a rovolu- tion may have influenced the Convention so as to refuse that act after an animated discussion, which lasted up to eleven o'clock on the night of the 34 inst., whon that body terminated its labors and abdicated its authority intothe hands of the people, who had confided to it their powers, - Naval {nte}ligence. Compilations of the laws of the United States relating to the navy and marine corpa, from 1776 to 1859, by John ¥ Callan and A. W. Russell, clerks to the Naval Committee of the Senate, bave just been issuod, to which are prefixed many weefal notes, and a synopsis of the legislation of Congress respecting ua = wy war, i 1% Uayal matters during the Revolution Interference Recommended in the Affatrs of the United States and Mexico. [Translated from La Gazette de Franco, Paris, Jan. 28, for the Naw Yorx Hana.) ‘The news from Mexico exhibits that country to usa Hi =| £5 as 4 i 5 aula I fe i f ] Ey ' if £F ry ! E d i § H i ak 2 5 ae i z 5 5 i a E towards pe. ‘eyes than the remembrance of fe repeat it, the indifference, or the let alone, which bave shown during sixty years towards the United ‘States, has contributed much to the ess which Americans exhibit to us, They have the pride of impu- Be Yorgutoa, the sorvices ibaa ronored to indopen- serv! rendert i dence, our influence would not be in America that wich ‘we see it to be to-day, Tt is true that are nals in Poris that have nothing to f nd fault with in the wisdom and the intel- rights of nations. they are ever to ts Siecle Yor example, deolares that tbo Americans ‘are for je, mi at perfect liberty to purchase a part of Mexico, or to an- mene entire, aad to endeavor fp obtain for money, Cuba 3.5 5 & from . No European Power entertains the idea of eatal in Americs a new colonial settlement.” The ‘would find it wrong for the United States to conBecate for their own exclusive benefit tho passage from Ocean to ocean over the Isthmus of Pavams. © With journals that havo such principles, it would be wrong to be too severe with the Americats aad to find the doctrines of Mr. Buchanan unreasonable. The Value of the New Canadian Coin, The new coins issued in Eogland for circulation in Canada have made their appearance in that country, aud somo of them bave crossed ta@ border and reached our Citizens, Several sets of them have been obtained by the directors of the Mint in Philadelphia, to whom frequent inquiries have mado as to their value compared with our own pcoin. ln order to give information on this subject, Mr, den has furnished the following statement from tho assayer of the Mint:— Assay Orrice, Untrep States Mint, Feb. 17, 1859. Hon. J. R. Svowpen, Director of the Mint, &c. In compliance with your request, wo present the fol- lowing statement in regard to the new issue of silver colus for the' Canadas by the British government. You are aware (hat the coins have been awaiting some provious formality of proclamation, and have just been put in circulation, consequently we have been able to obtain but very few specimens; our examination will afford, how- ever, a satisfuctory conclusion as to the intended stand- arcs of weight and fineness, aud will answer the question whether there is a designed conformity to the currensy of the United States. In reepect to nomenclature, they have abandoned shil- ling and pence, and bave adopted the decimal system, in accordance with which there are three silver coins of 20, 10 and 6 cents, besides copper cents, which we have not seen. The amount of coinage is said to be quite large, First, ag to weight, they do not harmonizo with us; the coinage indicates a standard of 15 hundredths of Fo 6 40 ounce (three pennyweigtts) for the 20 cent piece, smaller pieces in proportion. Our half dollar, me hundredths, would make 16 hundredths for 20 cents. Next they do not harmonize with us; they ad- here to the British or sterling standard of 925 thousandths flue. This is a departure from tne decimal system of nine-tenths, which being practically the standard in almost every country of North and South America, may be consi- dered American. Thirdly, in respect to value, this must be stated in two ways. If it be asked what is the intrineic value, as compared with our coins, then the 20 cent piece falls below two of our dimes by three- fourths of a cent nearly. If it be asked what will their 20 cent piece, full weight, produce at our mint, at bullion price, then it is worth 183; cents, nearly. It {s therefore not interchangeable with our ourrency. But by a calcala- tion based upon the intrinsic relations of the British coin. age to our own, 80 us to be able to turn ce into cents, we Bei tne 20 cent piece is regulated in its weight by the silver Bhilling, and is in due eS. thereto, or 80 nearly that tl eivantigs of bavi a an even number of NYWelgDte was taken into account Pewiiat effect it will have Upon tue wt the two “Currewy countries, especially along the boundary line, to have two kinds of dimes, it is uot easy to foresee. Toe Late Matt Rosuery at AuBs that the arrest of George Bartholomew, at the Albany Post Office, on Saturday last, while in the act of robbi ‘the mails, is of much importance to the business men this city, as well as other New England cities and towns having correspondence with tif West. In fact we find, on inquiry at the Post office, that this arrest dispoges of a mail depredator whose operations were nearly or quite equal in magnitude, if not in boldness, to the famous Tuckerman, on the Beston and New York route, about a year since. For months past our banks and business firms have had occasion to complain constantly of irregu- Jarities and failures in the receipt of their Western corres- pondencoe and valuab!o remittances. Such frequent appli- cations at tho Post Office caused an examination of the records for three months past, when it was found that no leas than twenty letter packages from Milwaukie, Wis., to this delivery and distribution, were missing, which mails, as reported by the Postmaster of Milwaukie, had” been regularly mailed for Boston, via Albany, Hartford and New London, Ot.; Providence, R. 1; Westfeld and Hol- yoke, Mass., and other places east of Albany, had auflered in ‘a similar way, if pot to fo great an extent. Soon after the commencement of these troubles, the Post Office Department placed the cage in the hands o! thelr most oa Special Agent, J. Holbrook, and we need hardly add the most untiring efforts were put forth by that vigilant officer to search out the rogue and bring him to justice. As usual, mauy innocent parties were suspected, whose characters it is gratifying to know are fully vindicated by the successful result of this inves- tigation, George Bartholomew, who proves to have been the anthor’of all the mizehief, had been for many years em- ployed at Albany by Thompson & Co.’s express. His par- ticular duty was to convey express pac! s aod the mails (onder an arrangement with the Western Railroad Company, who are the mail contractors), between Albany and the railroad depot at East Albany. As mail carrier he thus gained access to the Albany Post Office, and it ap- poars has taken advantago cf the opportunity thus afforded him, while waiting inside tho office for his mails, of pur- joining packages in a wholesale way. The suspicions ot Holbrook and the Albany Postmaster had fastened upon Bertholomew a week or two before his arrest, and a watch had been kept upon his habits and movements about the Post Office. On Saturday last while the agent and Mr. Johnson, the chief clerk ia thé Albany office, were watching him from a point wholly beyond the observation of the party watched, he was seon to place a large letter package in one of the capacious pockets of an evercoat, which seemed from its construetion well oalca- lated ag a substitute tor a mailbag. The agent paid his Tespecia to him shortly after just as he was preparing to get upon his mai! wagon, and at once relieved him of the letter package which he had ao snugiy stowed away in his gee Tt was the package mailed at Milwaukie on the inat. for Boston; containing some twenty-eight letters, most of them addressed to banks and business firms in this city. After his arrest, Bartholomew admitted many previous depradations, especially the theft of the | Packages from the West, stating in reply to the agent’s in- quiries that he had burned all the drafts, letters, &c.,and had kept nothing bot money and postage stamps, quite a quantity of which were found upon his person, | He was committed to jai! and bis examination, we learn, will take place to-morrow. Tie has a wife and one child, is other- wiso very respectably connected, and up to this time has enjoyed an unblemished reputation, —Boston Journal. _ Taran or tHe Rev. Dre Downey—A Queen Jvry.—It is now going on two years since the Rev. Dr. Downey, a Catholic priest, of Staunton, Va., was thrown into prison on charge of baving killed a man named Wm. Mulling, in Stounton. This Mulling wag a single man, and, according to report, rather addicted to fooling with simple minded Irish girls by promises of marriage, with very fit tle mrt foe ho; performance of ina wae 0. under such @ promige a young girl in the employ of Dr. Downey. Her charactor prey in stood ah Her employer wanted that the wronged girl ahould have justice done to her, and in his effort to make Mullins keep his promise and marry her, a dispute or scuffle arose bo- tween them, and Mullins got shot, as alleged, by the priest Downey. On this charge the a hag stood three trials, and is now \nearcorated to atand big fourth trial about May next, in Albemario county, The last jury, who failed to agree on bis case, stood in the foll remarka- ble manner;—Three were for instant aeq of the pri- Bevor teres wise od his imprisonment in jail Bd , but in order to agree they would profer goin; acquittal, The six who onaeies aicn not guilty” stood ag follows:—One for five years’ confinemont in the penitentiary or hanging; one for eight, years in the Penitentiary; one for eighteen years; two years, and one for two years. It is said that seven mon Of this Jury had been twice married and had childre About Stavion the more the matter and evidence fn t remarkable trial are examined and discugeed the more the Popular opinion and syrpathy work in favor of Dr. Dow- ney and the opinion is fast spreading to the effect that his prosecution against him is being carried to far. phn etched 2-0 AMALGAMATION—ELoreunnt—Manntage—Ost- TvaRy.—The Montrose, Pa., Democrat of the 24th ult., publishes the following hotioos, the first of which is con- siderably Married, being a runaway match, in Kirk N.Y. on the 18th innt’, by the Tuntice othe Paseo OF tabl Wow, Pn cage & negro, eet yee to Miss Amelia Tingley, white gle, aged 18, both of Harford, Susquehan- Died, i Hariord, Pa., on the 18th inst,, Mr, Darius Ting loy, grandfather of the Above mentioned’ Amelia Tingley, 19 years. Mr. T. was ono of the carly settlors of jarford. ing rettiod there roon after the arrival of the “Nino Partners.” Ho was a highly respectable eltizen, and Jeaves a very large circle of relatives to mourn his joss. While Amelia was dressing preparatory to her clopement with her negro lovyor, her grandfather was dying in qn adjoining room, NEW YORK HERALD, FRIDAY, MAROH 4, 1859. FINANCIAL AND COMMERCHML. ‘Tavespay, March 3—6 P. M. ‘The question whethor or no an extra session of Congress will be necessary will be decided this evening. At latest advices to the hour at which this column is dated, the ‘Treamury Note bill had passed the Senate and was expect- ed to pass the House tacked to one of the appropriation bills; but certain members, who are selfishly wedded toa protective tariff, are understood to be prepared to co-ope- rate with the opposition rather than pass the bill to ronew the Treasury notes without a modification of the;tariff. If their petty views and interests are not consulted, these politicians are ready to see the paper of the United States go to protest, and the entire financial scheme of the year frustrated. There is fortunately very little reason to be- Lieve that they can succeed in their aims. Should the present Congress expire, as it will to-morrow, without quantity of coal sent by railroad during the week is 24,499 ‘against 15,017 tons for the corrésponding week last year. ‘The trade for the week sums up as follows, showing a con- Biderable increase on the corresponding week last year, “where we have returns to compare with :— + ote ——189—_, having provided for the Treasury notes, Mr, Buchanan will fon ie aoais aiiee eee iy al nou soa on mentors eet | Eehater aid out “ere “avat ate new Congress will be summoned to Washington, and ex- | Scranton South........ Lads, i) bit perience justifies the expectation that they will meet do. 1,161 RH the views of the administration, and act ina more busi- 1758 14, pela t lac or poefeery-e re. Afow years ago, it will be remembored, the United States | ny = “eato bai,eoo ‘Treasury notes were left unprovided for by a thoughtless and foolish Congress, and some of them actually went to protest for non-payment at maturity. They degiined, on ‘that occasion, to about 9734; in other words, they wero ‘at a discount of 23¢ per cent. Should any of the ding Treasury notes decline half as much, or 1)¢ per cent, the country may rely upon it that no more ‘The Lehigh Valley Railroad brought down for the week ending Saturday evening, the 26th ult., 12,120 tons of coal, against 6,830 tons for the corresponding woek last year, being an increase this season, thus far, of $4,249 tons. ‘The monthly return of the Bank of France, extending to Thursday, February 10, shows the following chang®s:— tt epeole would be pald into the Sub‘Treasury for duties. | ition sano Fo negroes bre a perio As itis, the Treasury notes being current at a discount of | Bills discounted, 2lb.24s 000; incsease, £915,000 Notes only 80 cents apicce, the Sub-Treasury receives some | in Cope ‘a a Prewtrnt a Tg eee ks nearly » quarter of @ ralllion of them; if they de- deposits, £10,602, i 80; decreas 2298 ‘Advances oa clined to 98 a 99, they would very speedily find their way . q £1,688, ment , decrease, £673,000. Advances on railway securities, £4,430,000; fmcrease, £205,000. All the discounts have in- creased, the decrease in the active circulation, and more back intothe public treasury, and the government could not meet its obligations for the public service. In any event, if the matter be not settled to-night, an extra ses- the large increase in she vetvand davontta,. Jae sion would seem inevitable. ‘that commercial enterprise, the prospect w! weeks wore d_by the Money continues to be as cheap as ever. Four per cent oe) i adh polit prarre t, is t Rar ow 7 isthe rate at which all new call loans are belng made. | toration in the ‘and bullion is Outstanding loans at five are not paid off, as there is no saying when we may not have another slight flurry in the money market; but new transactions generally rule at the lower figure. In the discount market prime sixty day ac- ceptances go at about five; nothing in the shape of mor- cantile paper can be quoted below that figure. Long paper, good, is done at 6a 7 a8, according to character of names and date. Both banks and private lenders com- plain of the want of demand. But little is doing in the foreign exchange market. Bankers are holding for 1093¢ 8110 for sterling, and there is 9 general expectation that exchange will continue to be high to-morrow, and that gome considerable parcels of gold will be shipped om Saturday, In the stock market to-day there was.a better feeling, and prices were higher. Several commission houses re- port that they are beginning to get orders from outside. There is no expectation that the public will rush in blind- ly to buy anything and everything at any price, as it used to do in the old days of ignorance; but as the spring ad- vances, and business devolopes, itis natural to expect that the railways which have weathered the storm of 1857 in safety, and are doing an improving business with reduced expenses, will again command high prices. It is with the We read in the Cincinnati Gazette: — The books of the Ohio Life and Trust Company have not ali been handed over to the trustees appointed by. the court. The original assignees object to certain books be- ing placed in their possession, and Shoriif Mathers refuses to give them to the assignees without a full and explicit receipt, or copies of their contents, and they will there- fore brought before the Superior Court to await such order as may be deemed proper. The quarrel be- tween the two courts was an expensive one. Something like $8,400 has already been paid out of the funds in the hands of the Sheriff for his services, counact fees and other expenses. A little more litigation of the same cha- racter would exhaust the cash balance on hand. - ‘The receipts and expenditures of the United States for the quarter ending December 81, 1868, wore as follows, exclusive of trust funds and Treasury notes funded: — Receipts. From salee of pabli iand ea too OF mm lee yal lan . Fron eepcilaneous and incidental sources, 806/200 24 From Treasury notes issued uader act of De- Comber 23, 1857.....ssseesecesseeee sees | 14122,000 00 Total.....604 a e+4810,884,619 81 Civil, foreign intercourse ‘and miscellaneous $6,681,983 78 Interior (pensions and Indian) 622/808 62 W 5,708,048 53 8/878,907 86 railroad companies as withthe merchants. Mercantile | ¢,, spt., 1850. $223 00 houses which rode out the storm .of 1857, and remain ina | Redemption of loan of 1848....., 3,000 00 sound condition, are at present, as a general rule, doing as Leopeye ates etre Arun fair a business as they could wish; Just #0 all sound rail- bat ce redea dah cartes OO ‘ ‘Treasury uotes, por act 234 Dec. TOOT ocr ccceeeececcvsensees 044,300 00 (eee +! Interest on public debt, including "Tr@aSUrY DOLS.....600 sree ++ «1 955,426 06 road companies which suspended dividends, put a stop to needless expenditures fer construction and improved the crisis by introducing economies into their administration, will in a short time be ina better condition than ever. And as there is always, at financial centres like Now York, a large amount of idle capital for which the stock market affords employment, it is natural to expect that as soon as reports of improving business come in, there will be a general advance in the stocks which represent these sound propertics. As the spring ad- ‘vances, too, speculation will naturally grow out of the prospects of the crop- A short crop in Europe and an average crop in the West would speedily obliterate all traces of the revulsion of 1857, and would give the best lines of road an ample and a remunerative business. Some of the roads of course are past hope. No orop could save most of the Western lines from bankruptcy; the best that can be wished them is a speedy and safe transition into the hands of the bondholders. But both the Michigan roads—the Central and the Southern—the Galepa and te Kuck Tstaut, esmnat ba prevented from doing o handsome business if the crop in the West is any- thing like an average. The two latter have the advan- tage of a small debt which puts them to a mode- rate expense for interest. The two former have @ line of ‘road almost unequalled for traffic when the West is in a prosperous condition. Holders of stock in the Michigan roads will, however, find it advantageous not to confine their interest to tho stocks of these roads. A prudent economy requires that each stockholder should likewise be a bondholder. The eight per cent bonds of the Michigan Central, which wore selling sowie months ago at 80, can still be bought four or five per cent below par; the ten per cent guaranteed stock of the Michigan Southern, which is equal to a bond, as the ten per cent must be paid on it, irrespectively of, the earnings of the road, is selling at 48 a 49, with over 15 per cent due on it. Stockholders in these roads act imprudently if they hold common stock without taking corresponding interes” in these higher securities. + The most active stock at the Board continues to be Now York Central, which the bears bave oversold, and in which there is believed to be an active bull movement: originating with the Albany party. The stock opened ‘his morning at a decline of 3 from yesterday's closing price, but before the adjournment the price was higher than yesterday’s. In the afternoon it advanced still higher and closed steady. Next to Central, the most active. stock to-day was Michigan . 1,603,999 08 Total... seeeeeeeseeseeeee sees 817,953,347 85 *There was also received the sum of $139,364 79 in Treasury notes, which will be accounted for in the present quarter. ‘We read in a Western exchange:— ‘The rumor reaches us from New York that the creditors of the city of Keokuk are disposed to accept the composi- tion offered by the “ef authorites, viz: forty cents on the dollar in new bonds, drawing six per cent Interest instead of eight and ten percent, ag at present, and sixty cents on the dollar in stocks in two railroad companies that are utterly insolvent. The creditors think that the acceptance of & proposition, even from a city that is bankrupt ‘by public confession, is better than to prosesute a sult at law to compel it to levy a tax sufficient to pay the interest on its debt. We also understand that thero are. several cities and counties in this State, and a great many in the northwest, that will at once imitate the illustrious exam- plo of Keokuk, and propose similar terms to their credi- tors, Of course, nothing will be easier than to bring the creditors to tho same terms that Mayor Sample proposed in his card. It will only be necessary to refuse to a the interest on the debts, and refer to the example of Keokuk, sustained by the approval of the gentlemen who “sit at the recdipt of customs”? in Wall street. And who will haya a right to find fault if the eastern money kings encouragé by their action a resort to this method of paying debts. pat Bee will bave no right to complain, and we, who will thereby be relieved of a burden, ought not. Keokuk jeered the other cities of this State into their present cial bewilderment, and it is reasonable to suppose that her counsels and examples will be imitated as well in avoiding the paying of debts as in creativg them. The Chicago Times furnishes some information relative to the Galena and Chicago Road:— @ ‘The construction account has been increased $3,060 12 during the year, for a new freight house at Morriaon, and DOW AMOUMS t0..1... 0.0 0+cece see eesses «289,389,300 10 The capital stock has been increased $2,600, ‘and now amounts to........ seerese 6,026,400 00 The fanded debt has been reduced 116,000, via: $109,006 of the second and $7,000 of the Gret mortgage bonds purchaeed and cancelled. It now amounts to,,.....,.... 9,783,015 28 Viz:—Litehfield boads due May ae) 4 1, WB5O.sse esses seveeseeess $52,016 28 Pine, 1,1 toaty, - cic . 1, 1862, to Aug. 1, 1863. 1,993,000 Second mortgage, due August 1, ahibé 4 TBGT vise eeeeseeeeeeeeseenes 1,738,000 00 —————— 8,783,015 28 The floating debt of last year ($49,716 66) has Leon paid off and the company has now no floating debt. The earnings for the year were + $1,647,561 23 And the surplus of last year.... + 193,737 82 Southern guaranteed, which advanced % a %, closing in TOM... veer cvesdoeseres ssee see $1,741,299 05 demand. The other Western stocks—Galena, Rock Island | ee eee et ae aioe a and Illinois Central—were likewise better, and were freely | The dividend paid and due (Au. taken by tho brokers at the advance. Pacific Mail opencd gust 4 per cont), 241,024 00 stronger, but fell off before the close of the morning Serene et eeseion; in the afternoon, however, it recovered aud closed steady. The stories about Commodore Vanderbilt’s illness are unfounded The Commodore is in excellent health, and does not intend to be bullied out of his route. As soon as the directors of the Pacific Mail have got through with their stock speculations they will accedo to his Lea asurplus of. me anf urease sinking fund has to the it, + $304,566 14 terms, there will be a weekly line to California, and the Tea ‘a surplus of, Pacific Mail stock will naturally rise to the neighbor. | Add whole amount 2d hood of par. Panama is steady. Hudson River, Harlom Making the actual surplus $400,080 44 and Reading are all quiet, awaiting their turn. The busi- ness in bonds was very light, and prices, as a rule, wore a shade lower. Missouris led the decline, falling to 8534 bid— ures are from advanced sheets of the annual President and Directors, now printing, which pe yet will be presented in full to the stockholders at the June Directors the reaction from the excessive advance of the other day. | ™ + ‘The Say that six months ago they After the Board, the markot was steady. The following | HoPed (or ® larger net revenue at the end of the year, but were the closing prices:— dige and Jumber have reduced the receipts of the road. Missouri, 8534 a 14; Canton, 20a 34; Cumberland, 237% | The expenses have been by the freshots of tho 4 24; Pacific Mail, 7734 a 4; New York Central, 80% a 81; Frie, 12% a 34; Hadson River, 32% a %; Harlem, 12% a 13; Reading, 4934 0.4; Michigan Contral, 62% a 7%; Mi- chigan Southern, 1814 a 94; Michigan guaranteod, 4814 a 49; Panama, 117 a 14; Iilinois Central, 605¢ a 3; Galonay Tla 34; Cleveland and Toledo, 2034 a 34; Rock Island, 62a %. “i ‘ ‘The business of the Sab-Treasury to day was:— $122,012 69 89,000 00 180/747 78 200,607 93 earnings has been $570,343 74, being 83 por cont on pas- sengers and 24 per cent on freight. The tonnage moved castward shows a gain of 13 cent, and that wertward a los of 42 por cent. Thegain is chiefly from cattle and animal products moved ward, and the loss is chiefly from merchandigo and lumber, 42 per cent; coal and iron, ey cent, moved westward. economy which has been forced upon the whole country, and the tot of ES indebtedness, hasaided to luce, says the rej » "the remarkable result of an increase of 13 per cent in the tonnage castward, and a fall- ing off of 42 per cent in that westward; but it algo shows that the period bas been reachod when the disproportion of the tonnage in tho two directions will be incraaced year by year, until it assimilates to that which is found toocour in old settled countries.”” The Chicago Press has just published its annual review of the condition, traffic, &v., of the railways centering ia Obicago. We copy the following table, showing the earnings of ail the railways centering in’ Chicago for the year 1858:— The exchanges at the Bank Clearing House to-day were $26,128,168, and tho balances $1,843,637, The City of Manchester, which sailed to-day, takes some specie—say $190,000, This would make $350,000 thus far in March. The following shows the condition of the St, Louis Banks, February 26:— TOTAL EARNINGS, Exch'ge mat'g. Circulation. Coin. Passengers, Freight. Mail da Mis. — Totad. $42,618 ine, 14,053 dec, | Chicago & Mil., $146. 680 46,863 12,235 204,186 8,998 dec, | Rac. eee SL 114,077 _ 155,220 81599 dec, { Mil. &La. Gr... 208,745 4 16,767 400,458 19/226 deo. | C.8.P. &FL.. 182/876 196/008 12,824 890,319 10,839 ino, | Mil. & 805 557,900 19,479 883,186 5,300 deo. 472,269 135150 1,547,601 Tho aggregates aro as follows:— wee? arsit 2058 bola Fe). Feb. 19. Ine, Deo. | Ohi. Bur. & 42 84,252 —1,000;709 Exchange maturing. $3,649,830 3,540,103 9,227 Dubuque & 468 1,200 "61,578. Circulation, + 1,819,746 1/932/210'— 119,405 | Bur, 42,869 ° 1/975 91/222 bis + 1,686,563 1,678,054 — 41491 | oni. & 439,162 48,101 981/780 ‘The businesn of tho Tilinois Central Railroad for Febra. | Mins. & 1241023, m11/842 ; C.A. & Bt. Ly 494,734 94,758 (807/288 ary was ag follows:— 976,904 180,804 1,976,578 Traflic on Ron... «on 8140 000 | Ph Wie 6 063 126,54 1'507'780 Cash from Land sales vee 29) M. 80, & N, 840,528 ° 200,462 1,030,846 ER EE ae “ie See Ao eae Fetes, 1858:— TOU. sivvecevieces veeverevens 915,197,166 Tn Traffic $116,000 ‘There has been an addition in the face of the depres. Land., 19000 136,000 f D sion of the year of 616 miles of railway to thoke previously ‘The Boston ‘ednesday cays:— eens that have Chicago as thelr business contre, In yestorda: Finance and Business’ we were led into | The Vannibal and St. Joseph road, and those in Iowa and an error by taking something for granted that was but an | Wisconsin, constitute in the main the additions that have ‘trroncous impression, Tt was stated that the law reornt ly enacted compelled the Boston banks to keop on in specio fifteen per cent of their capital, trath is, the required per centage is upon deposits and ciroula- tion. In some of the banks, with heavy deposits and cir- culations, the obligation to hold fifteen per cent in coin of these Liabilities is even, more bi ‘than the sama been made. The total number of miler of railway in the State of Illinois, now completed and in operation, ‘toes not vary much from two thousand seven hundred and Sipe: Mek In 1860 there were but ninety-five miles bas ee in Me a State, ne A ro. equally grat ing and suggestive to all who atady the progrona of Wovens developement, The number of 2 trains that depart fromthe city dally one hundred pa oo cornings et Ce y ee ei hey farabeh 8 very to great pression jusinces of bas ee a the past year. In order to the traffic of o waye we table, showing the of the {info tho city for three years:— Tat EaRninas. eee et a 2 1 : OB. & it iit 18 40 C&R. OL 67 «(98 C. A. Bt. % 800 48 86 wine a epee lee M8. 06: 2168;124 97 2,081 Mich. 10 2,666,471 36 2,011 Seon rer on Gok dats 1068 fro thoes of 1887, Tho weal ¢ tween the pene eae, cy yt ge’ Sauree Bow 8 De com oe railway but in cond ine aumgneee have ated the falling of in recelpts during’ t parr fair enh or aner aronperiyy railways at the close of the year 1869. The is the plan on which the Chicago, , AMounLDg to L bonds now out,and coupons to ‘baoription. YQO0, ADOUL,....cereesnenesccaeese New money to be im by sul Depot mortgage aud other ino 2, Under a new mortgage, at 6 per cent, @nd, for the balance of the land grant bonds and © ‘convey to them the 153,000 acres of land to wh iB y 8. Give to unsecured debt 75 per cent in ne above the mortgages, and to the stock 60 per cont eame. ‘The first nortgage and land grant bondholders scribe 10 per cent on thelr respective amounts, in © tn ven of the road, oa Lage! ‘, cent bonds, as before specified, % to bo further secured by e sinkgog fund, which in to first claim on the income of the road, next to inter the first mortgage. ‘The following article from the Hartford Times is per with whiéh our readers have long been famili It is well known that millions of dollars have b vested by citizens of the New England States in the of Western railroads which have stopped paying terest. In some of these cases the roads are not sent, even with the most honest aid economical m ment, earning enough over their ramping expouses the interest on thvir bonds, But there are very fe them which could not pay ohe-half of their interest worst of times, if their managers were disposed to ob| good faith towards those whose maney they have bo ed and expended for theic own benefit. But ther several railroad companies that are avowedly reael net income amply suflicient to pay the iutercat on bondg, and yet impudently and dishon¢stly withhd upder various faise and fraudulent pretences. ‘The Terre Haute, Alton and St. Louis Riilroad is one of the concerns which are practising this with their bondbolders. Pr ase road runs from ute—the terminus of tho Terre Haute and Rich Railroad in Indiana—through one of the richest parts ‘bois to St. Louis, and bas one of the best routes at the! both for local and through basiness, in freight as passengers. Its bonds were largely sold at the and recommended as a reliable and first class inver by men whowere considered worthy of trust, Its cir have just issued a report in which they stato the ings of the road from the Ist of January, 1857, ta , 1868, to have been $1,079,587. They also state groes carnings from July 1, 1858, to January 1, 18 $420,065, their running expenses & $198,027, and net receipts $222,038, The interest for six month their first and secoud mortgage bonds—whioh form a| $4,000,000—amounts to $160,000. Yet they oniy paid the half yearly interest on their age bonds, amounting to only $1,500,000, thoy have made default and refuse to pay the intere their second mortgage bonds, amounting to $2,500, And they make this default in the face of their owa ment, showing that the net incoine of the road for thi six months has been sufficient to pay the half yearl tereét on doth these classes of bonds and leave a eurph $82,000 after paying it. A year ago they claimed tension or delay of one year on their second mortgage pons, but promised to resume payment without f the end of the year. The time fixed hasexpired, and are as farfrom payment as ever. This brings us tq other point in this matter of railroad swindiing or Giation now practised so largely atthe West. The b holders in cases like this owe their losses mainly to Own want of energy and want of a proper concerto tion. This road is now in the hands of « set of men now have no ownership of it, and no interest in it ever beyond thatof plundering tho bondholders, and their own pockets. They pretend that the interest wi should bave been paid to the second mortgage bondholg has been expended on ‘‘construction account)’—th: construed into plain English, on large salaries paid| doing nothing, to notorious and bankrupt finauci New York and elsewhere, who have distinguished selves for ruining every railroad property with wi they have been connected. The road is good, be question, for the whole interest on its firat and seq mortgage bonds, if its net income was honestly app apd it is, equally beyond question, good for | nothing beyond that. n moncy is wanted on Wi bonis, ail idea of disputing or resisting the rights of bq holders is scouted as dishonorab!e and not to be thoy of. But whenever default is made, the tune is chan and tho attempt is made to bully the bondholders ont their rights by threats of litigation, or delude them false promises of speedy payment. If the bondholder this Terre Haute and St. Louis Railroad, and of other q cerns similarly situated, alow themselves to be influey by threats or promises alike empty, and do not at 9 foreclose their property and take it out of the hi of men who have no ownership in it and no interest iq increased previous year, and the one in June last. The falling off in® except to mirmannge it and ae ite proceeds, can expéct little sympathy for losses which will bem the regult of their failure to exercise an ordinary dey of vigilance and energy. Tho first mortgage bond: the main line of this road amount to only $6,000 per m or lees than one-third of the cash value of the propo and by aeanies, this small encumbranice the soc} mortgage bondholders can take possession of the and obtain their interest, which otherwise they are| pored to be swindled out of, umier various protexts, years. The firat mortgage bonds of the Covington and Lexin Railroad of Kentucky have aleo boen repudiated or de! ed upon, although the net income of the road is much than sufficient to pay the interest. These bonds are not} on the pretext that the stockholders were not convent ratify their issue, and the second mortgage bonds aro pediated on the pretext that they were gold for less Par, and mere than the authorized amount was issued. Stock . ‘Tuurspay, March 8, % 815 she N ¥ Cen RR. 400. do. 10C0 Calif'nia’sbs 84 600 NY Cen RR6's ~ C00 ErieRRAthmbs 2F000 ERReb "71.810 _ 3) Readi C00 Hud RRRIetm 10x toy Mas 4000 Hud R RR34m i 2000 Hud RRR be 2000 MCRR8plmafb 4000 Mich 808 f be 1000 1}! Com RR ba. 20 Det&Hud CanaiCo 99. 100 Pacific MSSCo.860 50 di 830 100 do......860 100 Cley & Pitts RR, 15 Clev,CoL& Cin RR 9 200 Gal& Chic RR.b8O 7) 160 do. b80 7 7 1 6i 61 6! 61 do. 50 Tac & Mi ove 100 Stonington RR... 63 BOARD, 100 obs Har RR pref. 39 810 Chio & Rock IRR 63 10 Chio,Bar&QuinkR 68 100 Mich Con RR.b60 2 50 do 280 M4 1 mefcb 96 be 100 sbs Pac! 860 765 43 50 a The 43 10235 69 807 69 16 80% 69 81 rt 12% n anneal cIry COMMERCIAL, REPORT, ‘T, March 3—6 P, M. Asnes.—The sales embraced about 75 bbis., includ Pots, at 5a¢c., md pearls at 5%: Breapsrurrs.—Flour—The ‘ket continued firm, at ty in fair demand, h ~* sient Some leas active, The sales or prices bbls., closing within the follow $5 40 0 95 Common to goat Western $ Oe H Extra Iowa, Mich 6358 7 Be tan ichigna, Indian one t, extra 6858 7 Mixod to straight Southern 6008 6 ce fanoy and extra, : Soe { olce extra famti bakers’ brands Rye flour., a. en on Sha 4) “Corn meal, pa MF 80a 4 Canadian flour wae Armor, with sales of small lots at f Prices. Southern brands wore in good demand and firme With gales of about 7,000 bbis., closing within tho ran Of quotations, Ryo Gour was sleady at the above figur