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NEW-YORK DAILY TRIBUNE, MONDAY, FEBRUARY 22, 1858. The Superintenment of the Bank Department yea stords The convension of the BCK red Bonds Fourth preech in Mortgage Benda is making considerable progress. believers D & rising market, but bere and there the terday submitted & report upon the condition of SavMichigan Central and New York Central Bonds continue request the fall rates of last week. bear feeling breake out Secreicially, and a few operainge Banks, under a requirement adopted by the last Michigan Southern Sinking Fund Bonds have bee more in eville, of th are midy commencing upon new Knee Legislature, that those institutions should report to quired for (446) The Back of orland 008 reduc its rate of discount cent. of him thereafter instead of to the Legislature. In the of short stock s BRICE at the option of the seller; Councile for money, and 961 to for Can. of W'n Gt. TS 103@110 but these premature movements have DO perSECURITIES. course of his remarks, the Superintendent saye: GOVERNMENT Central inch 85 @ 83 75. @104 102 1858 it will be observed. on an examination of the genplate the upon the market, which after an oceaother 82 @ 84 75 central Coop. 188 102 @104 87 @ 86 eral summary presenting the condition of all the Sav '60 Cent 7s. was pause becomes more rampant and excited than orders, Canada 6s. Sterling 113 @11SA . and ings in the State, the follow ing items, invested secordCentral shares CITY SECURITIES. before, carrying all opposition before it and ewallowing N. Ind. 3s. 74. 78 @ 82 Origane 68, '92.3 ing to their chartere beyond all doubt; but not the 90 87 @ RAILBOAD FONDS AND SHAP Mich. Cent. 8s. '60 upstocks with apparently insatiate stomach in blocks legitimate investments of Savings Backs, in the 90 88 @ Beivid'e Del'e 6's 77.. a Mich. Cent. 8s. '69 int & 90 of any magnitude. The outside force of operators, @ opinion of the Superintendent. Mich Cent. 8s, '83 88 80 Cin., H. & 7w. 80 @ $21,046 60 @ 50 Amount learned upon personal security Detroit & Mil. 7. Mich. Cent. shares 66 augmenting daily, is now more powerful than at any 62 75. C. Amount leased or deposited under the schedules Erie 7s. 1883 Mich. Son's 7s. '83 64 77 @ 75 50,462 86 time since the recovery of prices commenced, and the nished by the Superistendent N. Y. Cent. 68, '83 8: @ 45 50 Erie 7s, 17,190 resources N. Y. Cent. ConvertiErie terming, 40 @ 50 1862 tide of stock epeculation has acquired strength and @ 95 93 bie 7s. '64 50 40 $88,696 1875 75 @ 77 Total volume enough to carry the Stock Exchange along in N. Y. Cent. shares 24 23 citie shares 20, 88 86 85 Penn. 6s. '80 so a Gal. & Chic 7F. '63 the current, even against the will of its members. This, says the Superintendent, appears small, when Penn. Steri'g 86 @ 88 G'd of Can. 6a 84@5kin an aggregate excess of resources over liabilities of Sam Speculative movements outside of the Board, or ratbs Gt. Can. Es, '76 110@115 nearly $2,500,000 is shown by the sggregate stateoutside of the circle of those who follow the stock busiment; Levertheless, the investments alluded to above Grange, There is no movement of importance in foreign ExPear DESS exclusively, are always for the rice, and when are radically wrong, and the evidence of the fact is change, but the tendency of prices is downward. Mr fully developed are almost uncontrolable on & easy shown by their existence maicly among the smaller Behmont reduced his rate 1 per cent to-day, both on hymore and weaker institutions. He recommends: money market. The first operations are in the sound sterling and france. First: The passage of an act making the investC., wife dividend-paying securities, partly for permanent investments by Savings Banks uniform throughout the Freights are still heavy. To Liverpool-5,000 bush. ment and partly for temporary employment of State. Feb.19, Grain at 5d. in bags, and 10,000 bush. do. in bulk at capital in channels which promise productiveness in Second: To prevent any bank of discount and 43d. 100 boxes Bacon at 20s. To London-125 bbls. deposit, representing itself 88 a Savings Bank, when Nancy enhanced market value, as well as in dividende; next Rosin at 28. 6d.' To Rotterdam-16,000 galls. Oil at of Renel a chartered Savings Bank is in existence in the place. in sympathy follow movements in the fancies, which 31c. 200 bbls. Rosin at 100 tes. Rice at 30s. A Third: To prevent Savings Banks from loaning on hort and more easily stimulated-run up with elastic steps, personal security. Norwegian bark hence to a Russian port in the Baltic, and grow more tempting as they prove profitable. At Fourth: Allowing a majority of trustees to remove vited to with Cotton, on private terms. A schooner of 178 tuns, trustee who shall absent himself from regular meetfrom his this point intrinsic merits cease to be considered-the be to load Live Oak at Attakapas-if to Norfolk and ings without good excuse. question only is, whether a successful peculation is The aggregate resources and liabilities of the Philadelphia, at 35c.: if to Boston and Portsmouth, mison B. practicable in this or that stock or among the guerilla Savings Banks of the State, as shown by their reports, 40e. A schooner of tuns, bence to Porto Rico and a are: forces the only thing desirable to know, is whether $43,885,991 back, with engar at 40e., and Molasses at $3. Resources 43,885,991 movement in any stock is in embryo or in progress, Liabilities 24,830,448 The business of the Sub-Treasury was: Receipts, ROVE Amount deposited during the year 1857 and if the questions are favorable in either case, the 26,541,682 $98,977 91-$76,000 from Customs; Payments, $73, Amount withdrawn during the year 1857 rush commences, and carries everything before its im697 13; Balance, $3,360,033. The number of open accounts on the 1st January, petuosity and strength. In this position stands the 1858, was 203,804. Amount due depositors $41,422,672. The business of the Clearing-House to-day was $12,New-York Stock market now, feverish and excitable Average $203 285,403. ve your in the highest degree, but almost entirely in a direction At Philadelphia the Money market continues very grateThe Illinois Central Railroad Company has given toward advance. In other words, buoyancy and contaneasy and business slowly reviving. The same feature notice that the subscription list, both in New-York and fidence are the prominent characteristics of the han we obtains at Boston, with more activity in stocks. At London for the optional rights bonds is now closed, exmarket--nnd croaking avails nothing against these Cincipnati discounts are cent, and the suparket is cept in respect to a portion of the July options, the strong elements of speculative excitement. ity will ply of money increasing. At New-Orleans there i holders of which may yet surrender them and become Transactions at the First Board were large. Camalso an accumulation of money, and strictly first-class or, and subscribers to the balance of the new loan, carrying beriand led off on the fancy list at a material decline, ill send paper goes at 10@1 P cent. Lower rates are looked them extended option for three years. touching 183 before the call closed, and contributing to for. ou will The following is a comparative statement of the Forsome extent to the slight depression in other stocks The report of the Maine Bank Commissionersstates the eign Imports at for the week and since Jan. 1: r, since which followed in regular order. The movements in 1838. 1857. 1856. For Week. 0 get in capital stock of all the banks in operation at $7,521 200. 1,299,126 $ 2,194,173 2,464,390 Dry Good this stock appear to be somewhat mysterious, some ore for Four banks during the year have gone into the hands 1,189,529 2,870,484 1,194,731 General Merchandise rd. It alleging that some of the clique have proved treacheof receivers. viz: City Bank and Grocers' Bank, both are not $2,488,655 $5,064,657 $3,659,121 Total for the Week rous, and quietly parted with their stock, while others 12,038,948 at Bangor; Hancock Bank at Ellsworth, and Sanford 20,727,844 32,473,534 aid pay Previously reported look upon the whole thing as a part of the plan of the Bank at Sanford. The Commissioners are convinced sary to Since January $24,386,964 $37,588,191 $14,527,603 campaign. Canton was active and firm at an advance got. If that there are too many banks in the State, and they The following is 8 comparative statement of the n, even of I P cent over previous quotations. This Comsuggest the means of lessening their number as rapidly f finest Exports (exclusive of specie) from New-York to pany have obtained legislative action empowering ture to as those who hold charters may be disposed to relinforeign ports for the week and since Jan. 1: them to sell their property and receive payment in 1856. en they 1857. 1856. quish them. $1,577,894 31,460,308 puntain stock, and to use their funds in the purchase of their $1,319,112 Total for the The actual outstanding funded debt of Virg on 5,554,895 5,958,372 6,860,480 hen we Previously reported stock. Under this authority, they have already purthe 1st of January, 1858, was $27,273,880 This read is $7,132,789 $7,418,680 $8,179,502 Since Jan. chased 1,000 shares, and other parties are buying includes $970,000 hypothecated by the agent of the he city The exports of specie from this port for the week for the purpose of making payments to the ComCER. Board of Public Works in the city of New-York, to pany for the lands purchased. New-York Cen. ending this day. and for the year 1858, were as follows: secure loans to the amount of $670,000. The State has $223,476.75 Steamer Arabia, Liverpool, Am. Gold Coin tral was dull and a fraction lower, attracting less 253,112 10 il may Strame Arabia, Liverpool S. Mint Bar productive investments aircunting to $4,885,855, and 100,415 11 attention/than usual. The books of this Company reshort, Steamer Arabia, Liverpool, California Bars 11,305 00 unproductive amounting to $25,313,613. The total of Steamer Arabia, Liverpool, Sovereigns. makes open on Tuesday next, and & busy time among the 10,000.00 Steamer Arabia. Liverpool. Silver Coin both sorts is $30,199,469. Of the productive stocks 43,379 00 difbrokers is anticipated, as the transactions for the openSteamer City of Baltimore, Liverpool, Am. G'ld $3,346,950 are bank stocks. The remaining $26,852, $641,688.02 t to ining have been very heavy. Erie was the strongest Total for the week 519 of the commonwealth's investments are in stocks 8,702,739 44 Previously reported and most elastic stock OD the list, running up to 321 at if they of and loans to internal improvement companies. Of $9,344,427 4 e same the close, with a quick demand. Reading was active, Total, 1858 these but $1,538,905 are productive. Oftheunproducd with but not firmly sustained, the result of operations The shipments of the past two weeks are only tive ($25,313,613) only the sum of $4,958,339 is secured on the call being a decline of 1/2 from opening $900,000, and at present there is every appearance of a making by mortgage or otherwise. The remainder consists of sales. Michigan Southern declined cent, but was h girls, cessation of the large Specie drain which has been stock to the amount of $10,437,617 in improvements steady at the close. Hudson River fell off 1 e cent, ng and going on since the 1st January. not yet completed, and $9,917,657 in improvements as compared with Friday's quotation, but was in k and The following is a comparative statement of the completed, but still unproductive. The minority of the as well better request in the last transactions. Toledo was value of certain exports from the commencement of Finance Committee of the Legislature have reported firmly maintained. Galena and Rock Island were tion of the year to Feb. 18, Increase. Decrease. 1837. in favor of issuing no more coupon bonds, and 88 far 1838. usiness both lower-the former selling down to 93 on & small $926,700 $991,892 Cotton $1,918,592 practicable those already shall be called in; and 1,019,067 451,898 1,470,965 Flour. lot, and the latter declining to 78 though in demand nt gen29,041 $8,412 20,629 Corn the old style registered certificates substituted therefor. knowlat the close. Panama was heavy for the moment-a 604,531 268,807 873,338 Wheat The report is also adverse to the policy of issuing any 178,677 152,400 331,077 Corn whole leading operator selling 1,000 shares, b 30, at 103 in a 129,131 160,563 31,432 Beef more bonds with provisions for the payment of interest with a single lot. Milwaukee and Mississippi opened at 371, 291,249 130,589 160,660 Pork in New-York of London. to the but improved, and was in request afterward at 38 $2,200,721 $4,806,693 Total $268,132 $2,874,104 The Boston Traveler says: t. No After the adjournment there was a rallying movement $1,932,589 Decrease as compared with 1857 We saw yesterday a large sheet, purporting to be in the street, and the whole tone of the market butter. The Metropolitan Certificates are now reduced to a $1,000 bond of the Pennsylvania Coal Company. It changed, and at the Second Board there were lively $1,591,000. was got up with costly plates, and makes a some show, even the coupons, payable in New-York, movements upward again. Erie jumped up to 34} on The Bank Convention at Albany has adjourned withbeing elaborately executed. Money was advanced on moderate sales, and was afterward done in the street ce Post out transacting any business of importance. this bond in this city, and when it was sent to New woman high 8831). New-York advanced 1. Hadson Albert H. Nicolay's regular daily auction sale of York it was pronounced spurious. So much pains day in River recovered fully from the morning's decline, and stocks and bonds will take place on Monday next, must have been taken in getting up these plates that -disapthere was a elight improvement also in Michigan Southprobably a large issue has been made. The first the 22d inst., at 121 o'clock, at the Merchants' Exyoung coupon does not purport to be payable till Sept. 1, ern, Rock Island, Toledo and Panama. The rally was r part, change. 1858. le time effected with but slight effort. For Bonds the market S. Draper's regular daily sale of bonds and stocks ce, and The Bonds purport to be issued by the Pennsylvania steady; the largest transactions were in Missouri will take place on Monday, the 22d inst., at 121 ed her Coal Company. 6s. We notice sales of Hannibal and St. Joseph Rail : arms, o'clock, at the Merchants' Exchange.
