The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-07-02

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Totals. SIS ,16o234 s2os5575o Dec 81 So4 476
This does not look favorable has been reported
If some of our contemporaries would wait or official
turns OF imports and exports instead of usin estimated
their statements would be sase premises
are very apt to lead to falfe conclusions
The receipts at the Office Of the Assistant Treasurer Of
this port to-day, amounted 10 sS4.oS7 3D. payments
S23698 ssbalance. S5425 loo 80. Amount Of interss5
paid TO day, S643.UI0.
The Pacific Steamship Company have declared n diyi-
| depd Of fifteen per cent.
The earnings Of the Long Island Railroad Company for
the fix days ending June 20 1885, 81 sos "a
against s3o57 % Tor seven ending the
1851, showing increase OF S94s 40
The interest agents the state Of illinois hive given
notice thai dividend Of eight dollars oech one thou
sand dollars will be paid upon The tina. State at
Their Office No. % EXCHANGE place, and alter the 5th
OF July
The New York Exchange Bank has declared dividend
OF i've per cent payable on the 9th inst
The Empire Ciy Bank will open tho Stn inst az
the banking house corner Of Broadway and Great
street books for $3.50 90 add Tea per ceut
will he required at the time ofsubscrptifn
Interest the bonds the pauams Railroad Comma
ny due on the lst Of July will be paid upon prcsentio
of the coupons at the Bank OF the Of Now York
The Metropolitan Bank still continues to receive nm
CURE Mt bank notes deposit, Mt discount in deasnc
Of the injunction Of the Bon. Justice Watson served
upon them on the 22d inst, expecting TO avoid the on
pleasant consequences Of proceedings for coaempt
court by the shallow proence of receiving notes
for collection, and charging exchange thereon. The
effect upon the well secured culation of the
this State already produced by this clfconsttutd pur
fer Of the currency may be by tho following,
figures
At the Of the year 1851 the aggregate
circulation the banks Of this STATE per Comp
troller report, S27 02o 263
During the year 1851 thity-seven
banks CONNIE need business. to whom circu
latino notes iesued by the Bank De-
partment amounting to................. So sol 251
Total. ......................... S30,727,5l4
Thus. In the ordinary course OF things there
would have been in circulation. at the
close Of the year 1851, 30727 5la even IL
Of the old banks had increased their
circuatiop; bat the Metropolitan COM
menctd and carried on Its crusade against
the country banks, and the aggregate cir
culaon Of the State reduced, on the
2Cth December 1851 to................ sac 228 sos
Showing reduction Of 81 4es 9e1; and as the circula-
ton Of the banks in the city Of New York actually
creased during the year. II follows that the whole Of this
enormous reduction forced npon country banks
II H. therefore, not surprising that while plenty
characterized the money market In this city, scarcity
and distress have prevailed In the interior
The Metropolitan Bank has been cited appear before
the Supreme Court at Albany saturday July ., to
chow cause why snould be wound up. The general
banking law authorizes banks hut does not orzaaoy
bank regulators and IL IT, at any be hoped that
the business ofths wv hereafter coroed 70
the exrcisc Of H. legitiml'c functous
The first coupon. 4 Pic pasuc Railroad State Bonds
Of Missouri were payab. Ell in yesterday Cstipt,l