New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-03-21

OBSERVATION-DISCLOSURES or flour there IL in only S.
600 barrels against 81 COO last year al 1hs um7i sV
bushs wheat against OfoO lat year, makiag IN me AZ
greRae deficiency equal 10 1900 barrels ho1r VI Corn
the STOCK 900 bushels Last year was A'oi1
10000 There afe very few Oss IN market Beei ned Tor
shipment to The amount Of about 900 DOS whcu WI
baby forward at the opening OF canal nav
warehouses and elevators have pot FOR man Yeas
light stocks the opening spring business - ne pre-
sent The stock At Toua quite nominal "a IN. snoe
Of Lake Nj hgan March lst The STOCK was ABOUT I@o0
buthe OF wheat and about ~ 00 b1ls lJ1r against 5V
buske wheat Ia 1854 and 10000 Ia l8i9but tne stock
on the railway Fox river might properly DC inclulsl
this year with that Of Chicago, as VII cons mere 10
shipment Il r. about 200 tbls f)ur aud iDfp bushes
wheat The stark ofcorn n store on hs Illinois CAns SO
Railway about 500 600 bushels and IL Is e'1maisa tn5
The sock OF oats places put down 81 about
100000 bushels The latest figures have SEEM $40 wing
the stocks the Wabash foot as follows t3l oasl
els wheat sud O05 90 bushels proportion oI ~hcn
may be expected 10 90 south 10 ind Market Tie re-
ceipts OF -four Cincinnati Tor six months ending he
OF March according 10 the Price Current 1851, 5jTo
bhs: 1850 666; l8i9 26 63 ard of cOru $751; SOJi
bushels; 1850, 1905. and lsi9, l57,0O3 bushels
A bill to authorize free banking has passed the
Senate or Pennsylvans and before the House. The
main features Of the bill the deposng OF State loans
with the Auditor General from whom the deposiior will re-
eeve back 50 per cent Of their market value exceeding
par 10 couuersgned bank bills Of such denominations ss
NAV be desed The banker bankers first proving 10 hs
Auditor General that per cent OF the amount Of counter
signed bills is held in gold and silver for banking puposeI
which proportion Of coin is required to be all toe time KEPT
on hand on pain OF forfeiture OF tne PrYegcs OF tue
Apy failure to redeem In gold silver on demand, works
sale Of the asaes and winding mp OF the BANK Wnen
the price Of the loans pledged shall become nsucent Sc
curitv failure make the required dlIereuce ter
eight DAYS notice. the Auditor General 10 authorized 10 re-
the amount of circulating noes provided ha no sns
not reduce below -OOo; or Ia dispose OF lus
securities and wind the concern Associations underas
Act are limited Is wears and the amOuntof capital at not
more than Sj0e000, lees Than SoOoVi ta9 name Oh
the bank the number Of shares into which the capital 10 d.
vded names res5 Of shareholders the period AZ
which the Association shs commence asd terminate, are
all facts which have TO be proved and hsd 10 Toe once OF
the Prothonoary Of the County and IN the ONCE or s sec
relsry OF the Commonwealth certified copy OF such re-
cord to he deemed snd taken AZ sum eut eV IN 81
courts Of law The Association thus organized Is allowed
TO elect officers and 30 general banking business me c
holding each stakeholder isble In his individual capacity
for notes and for every contract debt entered
into by the Association. Quarterly atstemens SinlI
10 those now made by existing banks are required,
and failure for thirty DAYS TO transmit the ssme 10
the Auditor General authorizes tnst olcer 70 clOs'
M and redeem he circu Gung NJ les. The Atsts
Tresiurer IN pe}ing the semannual Interest on the
luans deposited base for banking - requiem
10 deduct thetefom at the OF two ~ ceut per
Bnnum, the same be Appropriated to the otate ehNug
Fund and be dered In leu OF on 1lgden1s snQ
stock excepting he Stste susie loans. Banks,
east OF The nOu tans, orme3 under the law are required
keep their par in PHILADELPHIA and those west
Ofhe mountains par Ia Piusburg, under penaS OF ~
mills per annum on every dollar OF the average amount OF
circulation for the preceding Ihs amount OF capital
under the law is limited to ten millions IN The nst year al
its passage and To two millions more each year during
The FIVE following The Stale T. easufer sScfs
tary ofihe Commonwealth aud Auditor General are u con-
Board OF Examiners whose duty II shal % 70 eX
anime the returns made aud determine the su1cency
of hs securitv and order security return OF cir
cplang notes to them shall seen sale and equtaOe.-
The bill also imposes penalty OF me aud lmpHsonmeniO
countegning and delivering to any bank more nan 80 per
cent ofihe market value of the bonds pledged ss security