Show Itri nl the depreciation in railroad bolias is felt in various ways one of my acquaintance for instance invested a lare part of his leoncy in ohio central first mortgages at 93 this was considered si low for si per cent bonds and 19 alio isue was only tarco million abu annual interest amounted to only 8 if the road however defaulted on ils interest and abo bonds are now down to 70 there too arc alio vast shore which have not defaulted they leavo been ui as as but arc bow at 53 cheap enough for per cent bond anil if really why they be so low railroad bonds however like all other forms of credit arc easily by report and cian by gossip and this 11 ufler tho best explanation of anc u a decline railway bonds leavo alo anale a sensation in bank circle sinco alio resignation of both alio find treasurer of the bank of the republic ia occasioned by the present decline thoc were to lenil a half million on this kind of ami as alio not approve alio loan a followed 11 W ford iho lato stood well but in an evil hour he placed too dep on a road which doea not mcgl bious I 1 leavo seen ruined by loans of this kind and it Is that ibo blank of the republic will bo a coriou gocr I 1 well remember tho birst dealer in railway bonds the latu draper wlm was utterly ruined and died a bankrupt kenil of is only good while credit is maintained y 1 cor troy N 1 unites |