New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1844-01-01
The debt Of the State of South Carolina on TIL
Is, Oct Wes 81 SAG 586


From this this the L. s. surplus revenue, which viii
never be repaid to the Government, one million, well
secured on buildings in Charleston ard one million
the capital of the State Bank, may be deducted,
leaving the actual debt 81 1875, i6i. On the lst Jan.
1915, S250,00O falls due, and the ls Jan. 1916,
100000 'Fhe first sum Is provided Tor, anu the
Committee Of Wavs and Means propose that the two
hundred thousand dollars OF Surplus revenue re-
naming III the Bank shall be carried 10 the Sinking
Fund, provided the Bank will engage TO discharge
the s30NG00 when due. OF the Fire Loan Bonds
the Bank is already in possession OF Salo,17o, and
desires to surrender them on beng credited by the
State for the like amount The effect OF these va
riols operations If carried into effect will be TO re-
duce the debt to SS0i 500 very insignificant sum
III comparison with the resources OF the state
South Carolina per cent. stock, the Comptroller
states, is now 10 per cent above par
A meeting of the stockholders of the Girard Benk
is to be held on the Sd OF February TO consider the
expedcncy OF resuscltnting the concern.
The Western, Bank. Baltimore, has declared
half yearly dividend Of - per cent.
The Merchants Bank, Baltimore, per cent.
The Nliddlesex Woollen Manufacturing Co. at
Lowell have declared dividend OF ImeAty-Fire
per cent This is extra, and is from profits accumtl-
lated beside the usual semi-annuul dividends. i he
company have been largely engaged IN the manu-
acture Of fancy stuifs for pantaloons &c. &c Sales
were made Of this stock on Tuesday at Boston at III
per cent. advance, DIVIDEND OH. Nc Jacksoh ueii-
uiacturng Co. at Nashville, n. H., propose to pay
back to their stockholders SOO on each share, and
thus reduce their capital stock.
Twenties of the Commercial Bank OF Macon, Ga.
altered to the Commercial Bank Of Columbia are IN
circulation in South Carolina
The Savannah papers say that Central Bank notes
are now at par The Legislature have been paid off
in specie funds, the first time for years.
The Pittsburg Chronicle says: Bills on New
Orleans ale very scace Nearly all those dng
funds that city have placed funds there from CINCINNATI
or have bought bills " York Dur,rg the week large
quantity of Exchange has been absorbed IN this way Bills
or the West from the demand Will BE- above. have inn
proved and quoted par considerable quantity has
likewise taken by dealers who have gone 10 Clncinni
TO purchase Hogs Tie money market remains about what
was Money is very abundant for business operations; but
except for the purpose mentioned above M demand for bust
holidays and the roads being unusually bad has BE-
come quite dull Currency remains nearly the The
issues Getys burg Erie Harrisburg and York Banks
have improved per aad quoted at cent
discount Ohio currency remains at cent DISC he
the Bank OF Shawneetown and the Bank Of ILLINOIS
branches have improved and quoted az
IS per cent discount Indiana, henucky Virginia and Ma
ynd Country Bank paper remains at per cent discount
Relief scrip without change.
At New Orleans, Goth, the demand for Foreign
Exchange ha, rather limited and the rates have IN
consequence declined atteSterins at Il cent
prem and Francs ST. 10 ST. Is. Bills on Nsw.Yotk sell
freely II per discount for 20 day bills and from
to Ii for sight to 30 days sight