Commercial and ssoney Matters.
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= For safes at the Stock Ere5c--e e.ses Lrsf Page


The sales to-day NJ the Stock Board were u, not
very large, and prices were heavy generally.


Exchange is 81 a % for Sterling. and the market
not so upward as before Francs are ; 49, q ; I'll


There was rather stormy though small n,eeiinr
OF the stockholders oi the North American Trust
Co. to-day at the Office of Shipman & Avres II
appears that few persons largely Interested in the
stock addressed letter 10 Slr. Leay,t, the Re-
celver asking Tor information in relation 10 the sit
uatlon OF the affairs of the CompanF Mr. Leavi,t
accordingly prepared long report giving full
statement OF the deot and assets OF the Company.
and also the written opinions OF the most eminent


legal talent IN the State that the great mass of debts
aud Inc trusts created 10 secure these debts were
entirely VOID and Illegal. This report was handed


TO Mr.: John Rantin, who read it. and il vas after
ward IN the possession of several other gectiemoB,
including iir. Dodge of The firm OF Phelps, Dodge
* 20. iT John Ward, Messrs. Shipnlan Il .tyrcs,
and one or more Others and could have been, il il
was not, read by all; and Of course with this IN
formation IN their possession? these gentlemen had
greatly me advantage of other stockholders, who
were cntiFeiy IN the dark the value oil their stock.
The Stockholders who had signed the requiSitons
on the Receiver were invited 10 attend at the Office
OF N!essrs. ohlPnan & Avres and hear the report
read but as ether stockholders supposed they had
equal night 10 know the position OF their proper
Y, they also attended. When the appointed hour
arrived, hr. Dodge objected 10 the reading the
port. a noisy discussion followed, the s,ockhod
ers present demanding as right, since the report
had been seen by several, the reading OF il. which
was resisted by Mr. Dodge; and it was eventually
taken by Mr.. Dodge and Mr. Abbott. without, bow
ever, the assent Of the majority present be pub
lished, The complaint OF the stockholders was
that a few persons had the possession of aiull rc-
port OF the Company by which they could operate
to advantage in the stock while other stockholders
were refused the same inf0rmsioD This was cer-
tanly unjust TO the excluded, and although we
have no idea that the Receiver intended to 10 any
thing which was not strictly right. YET we doubt
very much the propr;ety and even Legality of max
ing report of this kind TO some dozen favored per-
sons and leaving il at their option TO suppress or
publish 1t, as might best suit their interests.


Statement showing the condition OF the Dry Dock
on The IL inst