New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1845-05-14
COMMERCIAL AND MONEY MATTERS.
tFor Commercial. and Honey Ha,.er., Sc. Lu,. pa,,

TUESDAY P NJ
The stock market was buoyant to-day although
the business done not very large The ances have N
upward tendency and tie in The money make. Will
assts, In producing rise.
For Exchanges there is fair demand q, 81 81
for steras and 5,2s, 5,25 Francs The supply is
goot and the market steady
We have been Informed by good authority that
the circulation OF the Farmers Mechanics Bank Of De-
rO; $4,000 Of 100000 as stated by the morn
ing News. The capital O. the Bank is 100000 all paid
in, owned principally in this state.
The Ton,lne COMMITTEE have declared divi-
dend OF fifty dollars OF each share
Blckaells Reporter says:--The Philadelphia
Mone Market continues easy The banks are d!scounug
at per cent and Of doors rates ranged from TO
The Stock transactions Of last week were quite limited
Capitalists are nervous because Of the condition Of our rc
tons with Great Britain and Mexico Nothing new as 70
our banks Relief and country paper withou, change.
Abraham Tobias mas been elected President Of
the Union Bank Of sou; Carolina place of Rene God
dar deceased and Daniel Ravene re elected President Of
the Pianters' and Mechanics Bank
The Cincinnati Gazette says:-Yesterdav morn
Ing the Lafayette. Commercial and Franklin Banks re-
ected the notes of the Banks Of Soralk and Sandusky
The broker who had the buy the day before at
10 per cent discount continued his purchases yesterday at
an increased discount while Trust Co. as heretofore
took in the Wooster Of all denominations and
of the Sandusky and Norwak Banks less than
The other Banks received the Wooster Notes.
The receipts of toll at the Oswego Office, and
amour: Of -four cleared the opening of the canal to
The 18th of May,
lss5-Tolls $3.50 Flour, bbls.-----2 1888
ls4i ......li.970 :" .30,O50
No wheat has been shipped yc; from oswego.
10,
during ,e month of April! 1921, which SG29
for up freight, s723 for freight and s772 pas
scngers. This shows Sigh; falling of from correspond
ing period last year.
At Cincinnati the failure Of the ST CLAIR Bank
caused considerable excitement and The Of the Banks
of Sandusky Eorwalk and Wooster pushed of
as possible. The Brokers bought them a; 10 per cent
The first independent Bank has been organised
at Dayton Ohio; Jona Harshnan President; Valentine
winters Cashier and in about four weeks the
will be issued. The specie capital Of the new Bank is
10000 dollars and the amount of stocks upon which the
immediate circulation be based, is geo dollars
The following is a synopsis of an Act providing
for the Payment Of the Debts of Insolven. Safety Fund
Banks passed AfIl %. 1875:
The receiver each Bank shall. within thirty days.
furnish the Comptroller a OF the situation of the
Bank ard give opinion OF the amount which will be
required! 10 discharge all liabilities.
The Comptroller Issue six per cent. stock In
transferable cercat s-ihtercst payable semi annually
rcdcemabe such dates the situation Of the Banx Fund
will Warrant reservng at ali times su lent funds 10 pay
interest on the stock so issued.
So The Comptroller sell the stock ut not less 1n
par or can exchange 1t for the liabilities of the banks.
The circulating notes OF the insovent banks may be
received for the stock.
S. Reaes TO suits agains, the Banks by The Bank Com
IS. The Receiver mag exclude from his final dividend
ANY demand which may he in progress OF Gudaion or
which canno, be sold without too great sacrifice.
81 PROHIBITS the Receiver from being Interested in the
costs OF suits.
IS. This ac, shall take effect Immediately.
The Comptroller, In his Annual Report made on the
ooh of January estimates the liability Of The BaHk Fund
: follows:
Bank of Buffalo. -.....-...-..--------.S l5oooo On
Commercial Bank Of Buffalo. ------. $4,000 90
Woterv,e, E,pk ....-......... 100000 90
Commercial Bank OF oswcgo..----..-..- 10000 90
Cihtvn County Bank. 2ooo w
To.oI oil COO 90
Deduct amount OF Safety Fund on hand 1913 ~
,,,orrt TO he provided for....ss 37 sue IS
or The above balance $50 9s52l is due the Canal Fund
The above of Ss37 62s is the amount of stock
required issued to discharge all the Obligations of the
Safety Fund.
wears will be ms follows
DO Isis. 952sl do 1873 ....las,9o9
do lSI9- liO12b do ieoi---' 'ho9s
sg74,6a6
The annexed table exhibits the principal articles
Of mpor by the river at rsburg from the Dec. las,
to the LIST of May;
Bacon. .hhds 1904 ISugar-- hhas 5,226
Do rs $500 Sut----..---obis 3'oSo
Pork. hblS 10 Oats .-.---..--.hn ls,l2N
do bulk. his 4,654o72 whca, -........ SIS
no deps I5I3lP ic metal ......tHs $500
Lard kcss is 63n Hides ....-.No $3.50
DO bbls ESQ Glass ........bxs ls.4i4
Lead. ...-....pss e.il3lAsh ...--ck8 !So
Srocx ExcuASeE-Second Bodrd-May IL.
- shs Nor x wor -. - 25 Morri. Canal. bio 81
800 do------;e3 - ~ ~ 90 No 49, o.
20 do.-...----.biA "a y do---olO "a
IS do....s3 "A so do ..-.-.-.-- s. 81
so y Bank @ g., 9; 50 50 c. ' ss, 81 81
100 Far Trust. S'tl - do-----D-J -
$50 f Boston -. bio l4i' 80 Stoning;on IS
80 do--.-.--.- SO lssi