New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-11-21
s.vhs. institution which shall be furnished u.s. and
-. an can shov a. fair sheet a. this, II is cred
- ~ the managers Of the Irving Savings Bank

:. H. ~ the managers Of the Irving Savings Bank
A.f they volunteer this information 10 the public
F,om the West we hear that the financial excite.
.ot il very much quoted. The only failure hear
If IL Hessrs Kneelsnd e. Hull, OF Milwaukee, own
ere of the Osqua,h City Bank. A dispatch from
Baltimore, published this morning, announces the
suepeDsioD Of Messrs David Stewart g. Son, whole
rsse grocer with liabilities TO the amount Of $500 o0O
The action Of the merchants Of Chicago in agreeing
10 receive the notes Of all he Illinois Free Banks had
happy effect in quietng the excitement in that city
In Indiana the notes of nearly oil the Free Banks
circulate among me people, and are taken freely for
produce real estate debts railroad fares, &c. par
They will buy anything but gold or Eastern EI-
change These Banks are stin rapidly reducing their
circulation by taking up the security in the hands Of
the Auditor. From st. Louis we hear that the nser-
chant are much more liable ia be broken by a run
from the bankers than the bankers by from the
merchants. There have been no failures of import
ance r this City for few days past.
The securities Of the Eghth.sv. Bank are to be sold
tomorrow al the Mercbaots' Exchange. Mr.. st.
John, the Superintendent OF the Bank Department,
deserves to be commended for holding this sale in this
City instead Of requiring bidders to make the journey
TO Albany for the purpose of purchasing. We are
pleased to see this innovation the old fogy ideas
this subject that bank securities must be sold in Al
bany because tn Bank Department is located there.
The Nicaragua Company have succeeded in placing
safely smother iron boat on Lake Nicaragua. II is
"La Virgin" $50 feet long IS feet wide, and draws
A feet of water. 1t is capable Of trans porting 900
passengers. The st Csrlos," capable of carrying
1000 passengers was at Key West in five days from
Wilmington on her way to the lake. These boats VIII
add 70 the popularity of this route.
We see il stated in some OF the western journals,
that the State Bank OF Indiana has been nimhcsl to
the Free Banks of that State because her charter e1
pires in two years. and che is an applicant for new
one. This, we think, is en- error. Our impressioni is
that under the present perobaabDity clause of the
Constitution, no recharter could be granted by the
Legislature which would be accepted by the stock
holders The State Bank is taking the notes Of such
of the Free banks as legitimaely organized and
conducted as banking Institutions.
About $500 900 or $500 900 in gold bars will go over
70 Boston tomorrow, for the Wednesday steamer of
which $500, 900 comes out of the assay Office o-mor
row morning. Another California arrival will be due
before the Saturday steamer. 1t is anticipated that
million will be received.
10 relation to the deposit made by Messrs. Walker
and Butler King with the Treasurer Of Texas on their
railroad contract, the correspondence which passed
between Governors Pesse and j. ii. Raymond the
Treasurer is published in another part Of this paper.
The Galena and Chicago Road earned in October,
sls3O43, of which lOl 4l9 from passengers. This
exceeds the great business of September by sa3 oi3.
The receipts Of the Chicago and Rock Island Road
for the first six months since its opening have been
s709 900. 1t is now earning net ~ v cert. on its
capital.
The total Exports Of Merchandise from New-York
snce lst January are s55 100 aganst SIS 767 700
same time last year The total Imports sl65, OOo
800, against sl7O, 700.
Simeon Diapers regular semi weekly sale Of Stocks
and Bonds will take place al the Merchants Exchange
10 morrow, at l2I o'clock.
John Leverdge Esq, has been elected President
of the Chatham Bank, and Osmond ii. Schreiner
Cashier in place Of Chas j. Shepard, who held that
Office temporarily, but declined the permanent ap
pointment Mr.. Shepard retains his place in the
Board of Directors.
The redemption of the public debtIast week reached
s2o4, 900.
Mr.. p. Maxwell Bank Commissioner of Illinois,
publishes card stating that every bank of that State
under the general banking law, have deposited With
Che Auditor In the hand Of the Treasurer good inter-
est paying bonds Of the several States, to the full
amount of every dollar Of their own bills; and all
registered money is equally secured one bank with
way deprecated the security for their bills-they
are Of their full value now-out cannot command
specie until the Auditor disposes of their bonds or
securities according TO hw, which is required 10 be
done Immediately, at which time due notice will be
given and the bills redeemed in specie. No sacrifice
shoald be made on Illinois bank bills whstsoev er-not
suspended banks.
The Washington correspondent of The Baltimore
Sss says:
The General Land Office has done big business
during the pat fiscal year. About 9, 500 900
have been surveyed and of these 900 600 have been
brought into market, which yielded a revenue of
80 $50 900 in refund numbers. This shews what ex-
aordinary extent speculation ia lands and real estate
generally has been carried the past season, and
explains In a measure the tightness Of the money
ket in the Western States.
During the past fiscal year some three and a half
millions of entered with military land
rants, II, 900 900 of acres were claimed swamp
mer appropriauons) were selected as donations for
roads by the General Governmeut--showing upward
OF 20 900 600 Of acres were in ALL disposed Of during
The last fiscal year.
The increased revenue on cash Gales amount alone
70 g. 000, 900.
The Milwaukee Banks have resolved to receive and
pay out the notes Of all Wisconsin Banks.
The Miners Journal SAYS; The increase Of An
tbracte from the three principal regons-the Schuyl
Hill, Lehigh and Lackawanna-stsnds as follows:
Increase. Decrease
sehuyhM ................... asa ass
Lehtn''s'.'ss.........,.... 1880 4W0
Total ..........""... 6ls,sol 80.
pedrct :................. 5000
increase IN lSof.............. ---S5ScI.
The Cumberland Coal trade for the week ws:
"IOtal from the zhola osl th