New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-02-19
which, /. /. stated the American Exch.ns. Bank will

which, IL u stated the American Exchange Bank vii
receive in deposit
ISpIAsA-Bsnk of North America. Newport; Public
stock Bank do State Stock Security Bank do Govern
mcnf Stock Bank, Lafayette: Granscy Bank, do Mer-
charts' Bark, do; Southern Bsnk Tcrre Hsute ss.e
Stock Bank, Loghnspor; Plymouth Bank, Plymouth !;
Drovers Bsnk. Rome
ILLrNon-Bsnk of America Chicago; Chicago Bank,
DO; City Bank. do. Commercial Bank. do Marine
Bank, do; Mechanics and Merchants Bank do; Union
Bank, do Clarke's Exchange Bank Springfield; Stock
MrcHroAS-Fsrrers' and Mechanics Bank, Detroit
Michigan Insurance Bank, do; Michigan State Bank do
Perinsulsr Bank, DO.
A correspondent Of The Erening Post writes
to il the following in relation to our Banking Law
man with tlo 900 buys so much stock: deposits !.
with the Controller and receives that amount in mPed
notes for circulation with these be buys more stock
receives more no,es and repeats the operation unt he
has got enough and still Of the end, has his nrs' own
$4,000 in hand.
The Post goes into quite long explanatory and ar
gumentstive reply show why everybody don't rush at
into such easy banking operation. but It omits
Of the strongest reasons which Is tha il can't be
done. The law requires $50 900. and not $4,000, in
Stock, to be placed with the Bank Department as
preliminary step 70 banking Occasionally it is rather
convenient. when writing subject, to know some
thing about it,
Col. Christie is expected to arrive soon, in
Washington, with Texas Bonds to the smount Of
100000, which be wishes to dispose Of
In relation to the Mint bill just passed by
Congress ~ B." writes from Washington as follows
The Senate alarmed By the velocity of the proceed
ings in the House, on the Segnorage and Coinage BILL
has already repealed very important part Of IL CHER
own original bail which reopened the ssynorage ques-
ton As specimen of Congressional Legislation, 1t Is
worthy of remark that The Senate makes this repeal,
before the act rendering il necessary has reached the
President, or IL approved BY him Congress thus one
day passes very important provision Of law (under the
previous question: and the next day proposes the re-
peal oft
The Senate has inserted in The Deficiency bill the fol
lowing section which repeas the 6h section Of the
Coinage and Sdgnorage bill, DIR. Hunters) as far a.
bars and ingots are concerned
"sEc T. And be it further enacted That when the gold
silver sha be formed into bars or nzots ordks
no pieces aforesaid shall be framed les weight
than FIVE unless they be standard hneness and the
charge for casting forming refining said bars nzo,
or dicks sba exceed the expense OF eIecung the op
Grafton 70 be regulated from time to time by the Secretary
Of the Treasury And the Secretary Of the Treasury
hereby authorized regulate the size and devices OF the
new sver sOin authorized BY act, entitled An act.
snendaiory Of existing laws relative to the haldoar,
Guartt rdolar dime, and half dime
If the Silver Coinage bill IA 10 stand, 10 answer the
purpose Of its frAmers it ought TO reduce the weight Of
Ire silver dollar. and halfdollar much moreor the
bill now stands II will be 20 resort 10 fur
Their debasemen, Of silver In two three years-ani
thus shall then have on hand two or three kinds Of
debsssd silver coin
The weight now pToposed py ms OIL io9 tie SILVER do-
lar IL 3s4 grains This IL reduction between the old
(pTeseD) weight Of 9l-l00 y ceni.-below the true
par of silver with gold of only about p cent To ban
ish from the country the bad Spanish CON- it would be
necessary to reduce the weight Of dollar Silver
s,andard) as low a. $50 grains. This would give a
duction below the present silver dollar OF (abour -
7JI00 p cent end below the Intrinsic value Of silver OF
(aboui 10 lll00 y cent, corresponding very closely to
the acreage depreciation OF the worn Splnshmoney be-
low its nominal value
The Capital Stock of the Australian Steam
ship Co, $4,000. was sled up to day
The receipts of the Harlem Railroad for
Jsnuary reported, unoiically to be over5O 2 cent
in advance OF January lsJ2 The Norwich Road shows
gain Of about $3.50 per week.
The statement of the Banks Of New-Or-
- -. -. A.. IL a nn,h Il. q. Gallnrra.