The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-05-22

There was very great fall in stocks to-day-some of
the fances declining and two per stoningon
went down per cents Norwich and Worcester I; Read
ing Railroad, Il Harlem, q Canton, Il Long Island 4;
Mohawk !; United States Bank. Il Erie Railroad, 4;
Morris Canal Il Farmers Loan u; Illinois 6s 4; Penn
ylvana os closed firm at yesterdays prices The
actions were not very extensive and the market appears
to be getting heavier and heavier every day. without the
most remote prospect of any change for the better
The value of the exports from this port for the first
ventesn days in May, $780, 500 81 tho shipments
of which we're annexed =
COMMERCE OF THE PoRr or New YoRK.
Shipments in American vessels. 81, 4Ss 81
Shipments in Foreign vessels. las 842 81
Shipments OF specie. .llSl6l 60
Total for seventeen days. !. 81. sos ~
At this rate the value of the exports for the month will
be about three millions Of dollars Na
The Bowery Fire Insurance Company have declared
dividend of ten per cent payable on the I'd
Of June.
At Mobile, ON tho l4th instant Exchange was looking
up particularly Northern and Eastern sight funds
advanced to par and per cent premium; sixty days
l ALI dis, and sterling q 81 prem. The Bank was
checking on New York at q premium. The demand
moderate. State currency remained quiet at old rates,
Al a Al dis Treasury notes range from par prem.
At New Orleans the 18th inst, Exchange remained
without material alteration with moderate Demand
Bills on London commanded 81 and per cent premium,
but some favorite bills may bring o. Bills Paris 81
IS. Northern Exchange remained last quoted-eo day
bills and II per cent discounts Sight ditto, par and
per cent premium. 5tsf astt +.t
We annex the report of the banks of this State 70,
May ls4s showing the leans and discounts specie crcu
ation, and deposits Of each bank and comparison of
the aggregate Of those departments for several previous
quarters. Moro than half of the increase In tho
1oau nd iiacn ~.
the city banks This table gives tho returns Of las
banks and two branches having capital Of 2as
The old issues rapidly going out Of circulation their
place being supplied by the registered notes We have
repeatedly alluded to the little benefit Of these reports
and have shown how defective they are In passing the
law to abolish the Office of Bank Commissioner and to
compel the banks Of this State make quarterly
of their condition to the Comptroller was the intention
of the Legislature to provide check upon any extern
sion the banks in speculative times, might be disposed
to attempt, and it was, at the me undoubtedly sup
posed TO be all that required to make the public
quainted, as frequently necessary with the actua
condition Of the banks The new system about beins
into Ireland and Scotland in relation to bank
ing requires weekly returns but in consequence of
popularity of the old banking systems Of these sections
of the kingdom the government does not require week
the average circulation. but merely the circulation
the last day Of the week, and average every fou
weeks Of the circulation for that period The govern
of Great Britain to be perfectly well aware
of the importance Of average returns and require of
English banks weekly averages. It is considered ne
cessary, in England notwithstanding the restrictions
placed upon the issues Of the banks require not only
weekly reports of the circulation but the average Of tn
for that limited period The banks Of this country
being restricted in their issues to any extent but
the contrary having the privilege of circulating much
money as they choose to manufacture should be
give the average movement for the time included
| their reports.
! BANKS THE STATE OF New YoRx THE Fnsr DA,