New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-03-06

tfsfAtlFt
to the Western Vermont Railroad.
The receipts Of the New. York and New.
Haven Railroad for February are aboa, tue san. Al
for the same month OF last year The opening o. tAs
Hudson River and Hrlem ROADS to Albany has en-,
of tie Afcary business. The ssurss are:
ror passciftIs 80 5-S 80
FOR CONTINUATION ard 'reisa'--.--.--.--- 1928 a.
TOTAL SIS 5oi al
Deduct paid Harlem Railroad -.. ssH a.
Total eafnibgs..- ---------.---.-..s51 oll ~
Total Tor February, 1851 IN rss q. 80
Total for February, lo50-..-.. 30 slo n
The Bank Committee Of the Sea,te
through Mr.. Cooley, have reported afsinu IN, in.
corporation of shs State TTus, and Saving, paak az
Buffalo. The ConmhS.s oajeci 10 the em,r .oi,y ~
Trust Company and Savings Institution in on. in.
corporation In the repor, OF the Committee wa No.
tice the following statement of an ingenious ssh.ms
for raising funds for banking purposes The Reoort
says:
Your Commistee here beg leave to refer 10 what
appears TO be dangerous and reprehensib,e n, a.
keeping the funds OF Savings Banks Under the
general law for conducting the business of oantins
an association is formed for general baking nuy,
pores; and simultaneously theresita, a ssyinss
Bank 10 organized having special charter while
the drestots OF institution are me Trustees of
the other both, perhaps, bear the same name. ara
located oftes under tho same reef and A vour
COMMITTEE have been informed, the business Of both
institutions in some instances is done over the me
counter the funds of both are deposited in the
same vault, and Unfortunately used by the general
oank IN the ordinary pursuance OF Its business, al.
lowing the Savings Bank low rata OF interest far
ats deposits, without however, being required to rive
any security whatever for such deposits. which in
some instances amount TO hundreds OF thousands Of
dollars These large deposits Of the savings inst-
tuition are used by the general bank 10 discountiDg
notes and bills OF exchange subject to all the haz.
ards ard risks Of the ordinary business OF bankinF
which has not unfrequently been attended with die
asnous results. Should a bank Of this description,
while possessed Of large deposits Of the funds of
savings Institution become iDsolven., the savings
bank itself must indubtsbly share in the common
ruin. Under this state OF facts 1t is, IN the ads nent
OF your Committee incumben, on ths Legislature to
interpose, as speedily 40 possible some salusary
check to avert the serious consequences, that are
but too Justly apprehended from such loose and
upjusti6able manner Of conducting the business of
savings banks And it may not be impert,neat here
to add that your Committee have no under advise
ncnt and will soon have the honor to ask leave to
present for the consideration Of your honorable
body bill, having the necessary provisions 70
remedy, II is hoped IL no inc0nsiderable degree,
the grave evils that so apparently exist under the
present system
We agree fully with the Committee .ha. the Saw
ings Institutions should, therefore, be watched BY
the Legislature with sleepless vigilance, lest they
fall into the hands of dishonest and interruptions
men, and through their Encouragement, become,
In stead Of the most valuable the most dangerous and
peIplcious in their consequences.
Gov. Bigler, of Pennsylvania, on the LIST
instant, vetoed an act of the Legislature OF that
State Ito authorize Corporations to subscribe to the
Stock of the Ohio and Pennsy lvania Railroad Co."
c.n,vr,, ps,o,r,n m, TIVE rp,nvxx
FRIDAY, Msrcht:
ASHEs-The market is steady. with fair dc rand Tor
Sales within three days, 400 bbls
COTTON svey active Bag without chang, 10 .: m
nv advance on the strength Of The Liverpool news
FLOUR AND MEAL1ws motto: rs,s., .ls.s DOR" Ts -
more inquiry for the Low sradss TOT eryc rn ,sw
sIs esns & msn ppd sass pa,y Ca
Domestic Sss ssSch Ss. eS%ssa %
y s7Ss for common q good Ohio ssd ys,s ssis $50
s. % Tor tancy Gene,es - sis' ~ %, 's.oy .rs
zee t6s The home trade
There also more speculs's inquiry the msr.st rsas
GOOD choice brands AVID 81 s7las5 siy for fancy RYE
Flour quiet Sales Of icO bels at 81 IS for fac and sf0
bills Jersey al SO az srandy wins is waited ct 81 So
Buck heat Flour IL salabis at $,asi Is psr 100 10
supply - nodsrais and We nssce more nqoiry for EXPORT
more himnes. at tue close The sales are 200 bush
Hsa southern Al s.@I vs. .se is'sI an ssIsme pre-
81 TGS TO- and White Southern A. 81 e6asl 90 RE
il held more firmly, AID sales OF bushels at
Tic Bar ey is steady st 1850 hut very dull Barley
Malt is selling at 97cG$ per basheL Oats hardly 50
plenij sad toe market - hm sales state a. tOeoc,
ard Jersey at S7s140c Corn qrst Yellow slew freely
offered AID is held rather higher with modes export
Eastern demand sales 200 bushels 63lc. for
conn JsrseJ, and siIc for do White sou,hsrn
other tnd. are nominal and sca,ce
Sales OF $50 bbs Prison IT 2Ia2c the later price wish
short time Drudge frmsr Sales Of GO hsds at alo.
Provisions Holders Of PORK are sr. the demand
exceeds the arryas and the tendency 10 rather upward
sales Of $50 bbs at SIS Is for Mess So III for DO
.o az 90 ~, "a Ness sa IS for do Prime Bssfis
mors ac;sye and ,hs market tends uorUd with hs,s
h. had nj our made figures Sales Of 500 bbls At S9a
s, 10 %s,s and ESQ f,r Prime Pnas Mess IL ia De-
mard a. sI7ssls. with diminished stock. Beef Han:
a. ILL "a ~, "a !. ys,v oniet rhe SUNNY present
~ o. .Ia,yay end fhsrs hnt ltIs spo,ition
a. Sp, f,s,y ses Of ioe hbs al siaolo andssOO sbs
ns r., ts,n. and ss1!e Gr ieuids Buisr sys1
"a "A "a, ths bone r. ads and The Eat Ssss
y. 0h,c AZ isSIsc. Western New York at 2Oa23c and