New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-02-22
ro,,uFRcI,LANp MONEY MATTERS
70, sal,, Of st.et,, Sc. 81, Fourth Pas'.


Attbe Board to-day Treasury Notes were -
q, ,.rr-ut premium Auburn hoele''e' n..'s
- Norwich Worcester Railroad g. and hN.sla
- "a R-,siss soasil Resains shares were 500
q, ssfurdsy's price. Canton Co ana fA'''''
advanced and Loas Island Railroad r.
In Freirbts there was but LITTLE offering. tn
.-.. - made for $4,000 bushels Corn ioi ire '-1
80 To liverpool Cora vas aiken 10 ou.S -. ~
$50, c,-,,- wa. taken o. firtli1g To me N~-''
r-rt there is I.ttie cr nothing oisr.nf
The Az my Ercging Journal OF Sail'DAy e'
tain. , length, letter from he venerable A-4.N. 49,
IN DO Controller FILLvoEE, cn tl7 'u'-7-' ~,
BANKING W C commences ty poini-ls -- ,..i ...s
49,. ~ Cur r-s,.n systens 10 this state via
.l. r.. p,rkshe s.vs the oniy Object Of OBJ. Let'A
49,. ..-. 10 have been % secure The ultimate pay
.l...,,.. rb.ir6iscoauts be thinks should have O''"
limited by law and they should not oe Peinl''''-
y.,s in scsrulau1us NOT rihia the iesium'-4 'P-'
g.-tinr such a. ssmbhng ir stocks &c DIT o. 49,.
10 ,bs country Banks being Obliged ~ redeem thsi
In Neu-York or Albany without being ieie'''" ~
s,,n Of pairing them Of IN Specie a. their counters
also that every system which IKE ihAt Of 'ne
ss Fgps makes Banks responsible for ths aet' or ON
al. over which they have control - unlnsi 10
.f .ss cal .tsd % give fictitious and iaaeol 0's
% -...bl shrents which may not deserve IT,
Fv.rv Attempt To- state 90 extensive A. ms o. '7"
Va. n, max. the paper issued by a the Banks ~heFs'-
ii g. ~.
,poesrs TO be- almost mpratcabe and olnasa Oh 81
49,. p-tp,ips 10 sn attempt 20 make paper money
which Gold and silver canuot perform hoeA''
-t.t,5.b..dt 20 Ne~.York silver dollar become'oi
L. yr If, Rsetsstsr than 10 NewY lrk and Gle fsts 4
s,,b.uss - Immediately against Rochester
NJ then goes 70 state the pfiuc'ples o" "".H
~, .bosa be- established. Two distinct modes may be
i,t.r % mako every stocshoider responsible, 70
h fu amount Of he property for the whole amount o.
seb,s which the Bank may near or, q rs o5sa E IL
fr. the practice n the United aie' 20 nave only '-V
sni-.l of the Bank responsible ior lts deos t.,
He gvestae individual isbiliiy system eogPse ~. i
res Bsnkirg decided preference. lie would give " -
rI re- vso NAV desire IL so much OF the corporate
,l-fs. a. would give the Company eta slsheo =
such enable them 10 sue and De .N93 70 I'd nscss,v
5b--s - The system Of corporations win fre't ons
be soc, he abuse az The privilege Of rrar
s9.ibitv These restrictions should be as few sni ''m
III. ~ pos,be and must apply h1ih 70 the ha1'7 ae "
H. sYt-nt Of the Banking operations ,,. A,
T5e B,oks should be- limited % true bsnsins Dls
ness and expressly ioioioo ~ i 1ts rssns,t nj
r--rs {, tbs new Free Backs the restrictions no" I'M
pgsia On .s ~ sbsu have csnal no. les than a
sud me sctusi and bone hte pay uient oil fA,o
e.ita should be- provided Tor and u 'Ao-ll no' Dc VIII"
ai ts Limitations In regard 10 Banking operations
Banss may n1t be sois 10 . ,t ,rrt NJ their dis.
bud they mas and should limit ihe aloun. +. 3. >
b. e,rprs And this restriction VIII necessetly pieoD7
corresponding limitation 10 o' ,t ir,iesi uos.i ~
b. f ,esl,to The hole machinery and keep the sy'.s"
"i.nin % RrEs situated in the city, or vicinity
.b9} be- compelled. taT a. pracuceoe 70 pay pe,oo
le7ily i5 s6e5 Iy mutual exchange OF their checE'
p ma r-- divides the Banks into the Two classes OF y pr
y ~ ~ Creditor the amount OF deNts o-i nresa
e oNei m thst or credits Eich Debtor Bank IS mti'
r. ~ mas, ifs ah and fhe whole 10 Para % me Ntsu
D. R.ts according o. their respective credits ln,s u u
20 k.v atone OF the banking system OF o'olanA aN '1 ~
II All H. Banks Of southern Scotland receive I,esy
rt tbs notes OF each other no the same manner as
D. so1e by the Banks Of this ely rol .hal puf
Rak In southern Scotland obliged 20 niye an 1scu.
5. u These AGENTS meet once aweek ard alter
t ,teG -xchanle OF their notes the oeoioi bahAt p
ID ,iss,s in fvor OF this city, this mode oi pas
d. r-nt irflcfs small penalty On w U,' p. 80.
he t nroeess makes sl the Banks constantly scl4tue
e.th ne stuaonof each, keeps Them al ~ ene.N. on
o. rsvent. IN tlntlneously sny one rom eApan ,n- ls
n 49, d'sognfs beyond i.5 actual means should am
Bank dec iue ID appoint en- e-rA, Ann to '.'l'- - "
W. ,g-srt in which cass 90 Individual would %
r &c iben aud Tie refractory Bank could not pul any
A. lae,yok II, too large TO conveniently embrace o
ilf is ststo in the circle 90 oPefaons W
Do erdei th,t 10 he oe' toto convenieI 'l'
ai Srv.Yort Albany, Juca, &c i"r c'n.,r~ . Of
The Bsuks in each district would mu.u."y ,.S I'VE -
he notes of each oihsr sn1 pay ine oaauces ~eeAy
bv 49,, ,rorfiv This seems the nearest prscuctl
20 prorimafion toward gene n currency e. i ~ -,
I'd ~ ~ cr-,fry psnk. would. without Inconvenience
sc,eS In a manner similar 10 that Of Scotland by a5
~. w. tbebsisnees In This CITY but with SPECIE wnlc
IT, Ca account Of the perpetua AielDa-ioN ~ & IT, m
aN D. &.
~. - t.fn-de7 by a BNs ffing rejected fs com n
es rry q, d kesrer Of the sccountso' the ofef' Dan
he ,,,.b resr,rf 10 81 30 balances.
lt Mr @ thinks ihe Controller should nave t.s r'"
..ii-b forrn4rlv p-ttsned Co fhe BANK tNmn'-sloLe
be .- sI Zines t1 require from tGs Banks sateme
ns of heir Affairs and as, thoroughly 70 lnyest,ss ,us
a. n OF auy or all O them. 10 examine thelf ooof' SEE
re- ss md assst. ana the aetua amount o t1'f sfe'
'0- lie -tinks that 30 would DE- vel 70 p-Dah no''
ity .fs,ement OF an the Banks in the tate ,,
re. n none of he above suggestions sh2uo pc uo2-
re. a. oF oririon thar the inconvenience ana aiu-i'
im ~ ,,...rt .yssrn may De- greatly eievat-d and
of ro-er classes secured from from o's ny fequ ol
ser ssd deposit IN Stoke 40 suon "a sna TO '
,r amount az will be az AZ times amply 'ui1Ie ~ ]
ro- al me notes Of demon nation lees tian t~eh
ally N.fss of heher denomination are rarely usrn ny =
no cher description CT people than dealers DO kh'
-. t .ke care of themseves and require 30 peca pD.
any ion sin more eectual and generally henehcel te
ich v would be the entire suppression OF a noteol 81
not denomination certainly A. least Of those uuoet I'VE OK
old dollars Mr. carries bis own views ucn psyonu
My i opre.on and believing it. dangers % be t'r Ets
M ha ia ADVANTAGE opposed 10 the issue OF any "a
sed ur.pcy whatever This a. present. ne ihinks
Ne tcabe.
Of Sew-York Cattle 1Iarket.-MoNoAS' req .
op lbs our own Reporter