22ceb636Accommodated withdrawals
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CENTRAL BANK, N. Y.-A telegraphic dispatch in yesterday's Star stated that there was a run on the Central Bank of New York city. It should have been the Central Bank, Brooklyn. We are informed that the Central Bank of New York is one of the soundest in the State and a bank in good standing at the clearing house.
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From which it will be seen that the increase in receipts now amounts to 52,000 bales; the increase in exports to Great Britain, 68,000; France, 35,000. Decrease to other foreign porte, 4,000 bales. Total increase in exports, 99,000 bales. The steamer to-day had only $12,400 in Specie. The next steamer will be the Union, on Saturday. The Clearing-House Exchanges to-day were $15,035,000. The Money market is easier for call loans to reliable borrowers, but for time loans the rates are still high, and they are nearly as difficult to negotiate as a month since. The large banks are discounting with rather more freedom, and paper of first class in the street goes at 10@12 P cent., with but few names at the lower rate. The Central Bank of Brooklyn has declared a dividend of 4 P cent. for the last six months, with a surplus.} This Bank has a Savings department connected with it, which sustained a run for 8 few days last week, reducing the deposits to about $60,000. The run has now ceased. The stockholders of the Bank are, by resolution, individually liable for the deposits in the Savings department. The Bank appears to be under the management of highly respectable and responsible men. The President is E. Copeland, Esq., Ex-Mayor; Cashier, L. Dodge; Directors, S. E. Johnson, J. W. Elwell, R. L. Lane, W. M. Peck, J. K. Pruyn, James Weaver, J. H. Funk, John Spader, D.S. Quimby, S.S. Powell, Martin Ryerson, S. L. Husted, T. W. Cumming and Ed. Anthony. The advices by the Pacific are not, commercially, very important, but are rather unfavorable. Cotton and Breadstuffs show a decline, with dull markets. Consols were 91f@91}, which shows no marked change from the previous steamer. The impression that it would be necessary to make 8 new English loan, for war expenses, was gaining ground, and had its effect. Money was without change, but in some quarters there was an impression that the demand would increase. The Times says: In consequence of the anticipations expressed that proposals for a loan may probably be submitted to Parliament at an early date, the English Funds opened this morning at a decline of I P cent.; but the fall caused several purchases, and as, in some quarters likely to be well informed, it was contended that the idea of a creation of stock is at present premature, there was subsequently a partial recovery." The Bank statement, as compared with the previous statements, shows a decrease of £85,011 in the bullion in both departments; of £460,815 in the notes in circulation; of £558,329 in the private deposite, and of £48,515 in the private securities. In the public deposits there is an increase of £940,341; of £6,292 in the rest; of £16,855 in the Government securities, and of £314,805 in the notes unemployed. Barings' Circular of November 28, thus notices American Stocks: "There has been to-day a demand for United States Bonds, 1868, to a limited extent at 110. Some 5 P cent. New-York State Stock has been sold at 95, 6xJanuary div.: and some 6 P cent. Stock of the same State at 99, dividend on from 1st October. A considerable sum of Bonds of the Consolidated Association of Flanters has been disposed of at 70, dividend on from lat August. Virginia 6s Dollar Bends offered at 84. and Sterling 5s at 89. Some Pennsylvania Central Railroad Bonds have been sold at 89; but there