New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-01-14

the State Of New Jersey this year s577l VIII New
jersey never learn be ashamed Of this method Of
iug revenue.
The following is the situation Of the Banks Of
NewOreans the 2ih December lsi7 ssreeaby to the
Official statement Of the Board Of Currency
Circulation ',.'' s57oeo55 90 Specie 90
Deposits 80. s,3o8,S52 II Foreign Do -.
Other Cash Ii nestle Ex... 27o55eo q
abilities bl,l%e 90 lOtheIC ashAsS otuW %
Total. sI2,l78,5Ii II Totsl...sio, 1891 %
Beside the preceding the Banks have loans pay
able in full At maturity, for ss,ioO699 51-loens on mort
gage 635 1873 e6oans stock ~ 5i9,i95 5snd real
estate, l,767,3S9 %.
The arrangements lately proposed by the State
of Indiana for the adjustment OF her debt has been scced
ed by large majority Of her creditors About ten mil
lions Of her Bonds have been already surrendered under
the new arrangement aid Bonds issued, upon which
the interest promptly paid on the Isl inst The Less
laiure Of Indians ia session, lately elected James
Collins j.. ESQ OF New Albany. as Agent Of the State
to take charge ~ stters oonusooS with hol public debt
who will proceed New York Immediately to enter upon
the discharge Of his public duties.
On Friday week Kentucky State bonds and
coupons amounting to s75f752 which have been paid
were burned at Frankfort.
1t is said letter has been received from Missis-
sipp stating that the snment Of the Commercial and
Railroad Bank would certainly be set aside BY the High
Appeals that state. This alleged - the
cause Of the recent decline Of the stock.
The amount Of relief notes issued by the Penn
.vlvania Banks outstanding is sasl,6ef.
The Philadelphia Ledger gives some information
in relation to the Bank Of the United States which may be
interesting to our readers There some large opera
tons in q. ; Bank-sone 500 shares were sold What
new project is contemplated now One who present
al the recent meeting OF the stockholders Of this Bank has
furnished US with facts explanatory Of the object OF
the resolution then offered and which It seems had no
,efsrence TO reconciliation Of the deunct monster.
The avowed object Of Offering the resolution was 70 learn
AZ the funds already collected by the second ana tfa
posors the present circulation and the post notes not
embraced n the trust The Directors, Il seems Pro
80 inoranea on these subjects while rumor alleges
the second and third trusts have ample unds 10 discharge
on debts 10 the public for circulation deposls Ne
From all that has been made public The iact are Is ioi
Liabilities or nots deposits and po't notes. held By the
P9otn .as. held b. ID trust 90
DO DO d. "a DO 90 -.''.'''',''oV'--sloe,---
balance. ...................... $4,000
In addition 10 this the trusts have considerable dividend
paying stocks and City real estate and the general est
~, \, mad of The circulation more than half million
destroyed oI lost il embraces the issue OF ne BANK
tom IL chatter originally By the United States Govern
nsp II tbs estimate be correct the cash assets no" on
hsrd with the second aud third trusts are enough 70 pay
the public their claims to sna the trusts and thus se *
he asset. Of the Bank undisposed Of must be vsusos
sad II the stockholders give their attention % me naI
that may left from being consumed IN charges &c
The meeting stockholders 10 Be held 10 February - %
further these objects.
The report Of the Commissioners for winding up
the state Bank Alabama and branches has Just been
made The aggregate Of the collections since the sstao
,hnen. OF ibis system February, 1915, has reached
stut g $4,000 The expenditures upon this iund have
~ for two wears interest State debts and trust funds
sat l40ot0 ard is redemption Of the State Bank cur
reucy about the same amount, say ellieeo Ins rsrct
h he charges o. the Balance on hand would ABSORB
DE nder leaving nothing % Be spilled o ne esP'tA
IN re dsbt The estimate for collections ~ % made iIun
~ r.nsipns assets = 10000. against which there 10
tl b. the amount Of Si5777 Of unIecseraed c
euison There viii then be. after rs redemption OF a.
the notes 40 00l 70 be applied 70 me payment
ia The rst phase such interest may accrue our NJ tS
coectors and secoadly Il any remains 70 me pi pa
Inc annual charge i0 interest the safe debt = - io
In the uvef-ty Fund : 900, aud "a the Sixteenth SEE
tcu Fnui SouoO Total amount Of annual charge iof ln
tres S5s9c0o The Janusry interest on the BOND deus
already paid
Major VIM. Ledbettsr Of Rutherford County,
h.s been elected President and Col sssel Andersen
Cs.her Of the State Bank Of Tennessee