Daily American organ. [volume] (Washington, D.C.) 1854-1856, 1855-04-18

Nrw Yoxx, April II, 1850.
The NeU City HaH.--New Yorkers were taken
by surprise on opening the city papers this morn
ing In finding report from the special committees
Of the Board Of Aldermen in iAsor Of locating the
new City Hall in Madison Square. The reasons
given for this distant location from the business
portion Of the city, the rapid increase OF popu-
iation; and the time has arrived, they say, when
any further delay in the removal viii be dangerous
10 the rights and wishes Of the community. The
report concludes with the following resolution
Resolved, That Madison Square be, and the
same is hereby, selected and designated Ms the
site for the erection of q new City Hall.
think Il hardly possible that the removal 80
far up town will take place for the present
The Liquor Lao.-The Mayor Is out with long
letter this morning, in reference TO the liquor law.
There are doubts expressed on every hand about
the ability of the city authorities to enforce the
law, but the Mayor is determined TO do everything
in his power, and in his letter says: - cannot,
without dishonor, shrink from faithful discharge
Of the trust confded, whatever shall be the per-
sonal consequences to myself" anticipate exct-
ing times about the time of the national holiday,
when the law goes into operation. The Mayor OF
Brooklyn is also out this morning with letter 81
similar tenor to the above, in which he calls upon
the citizens engaged In the liquor traffic to make
preparations to close the business, II is his de-
termination to carry out the law to the letter.
The Sirpenay Savings BGnk.--This bank has
been In operation for about two years, and has
done business far exceeding the expectations OF
it's orIginators. Since the commencement OF Its
operations, 5,277 depositors have opened accounts
and deposited with the bank $2l8.559 So, and
withdrawn 1877 ,68l 8b. The class of depositors
are mostly children. This institution Is of incacu-
liable benefit to the class Of people for which 1t ia
intended giving them an opportunity TO lay up for
a. ~ 1lau to,,sno fSra nj M
III Hnanciak-The money market is well supplied
with funds and the rates are low; the banks dis
count most Of the paper offering, and street bro
kers find but little call for their surplus money.
The bank statement, made public this morning,
shows slight increase in DISCOUNTS specie circula-
tion, and depostes; but, on the whole, II Is abont
as favorable as any previously made. The stock
market has fuctuated materially during the past
few days, and the tendency Of the kncies is
downward, while sound stocks, whether Of railroad
companies or banks the prices remain without
much change. The same remark may apply to
State securities although the sales have been light
for sometime, compared with the transactions
which took place during the month of March. The
trade generally Is rather dull, compared with pre-
vious years; but our merchants have learned a
lesson by which they will profit in the long run
and that is in adopting the short credit system,
which will save them from many losses heretofore
sustained by them.
The Summer Land, by Child the Sun, Is the
title Of a book just published by d. Appleton &
Co. The author is a southerner, and thus speaks
Of his native land. Beautiful land Of the South,
never behold thy forests dark, thy fowery plains
and sunny homes, without emotions Of proud and
Joyful love. A land whose children are beautiful
and brave--whose sons are noble and generous
whose daughters are gifted and Gir-how deep,
how great should be the loyalty Of that land, the
devotion of the children Of the sun, to the beau
tfnl in art the divine in nature, and the sublime
in love-" The story is well written and the atten-
ton Of the reader is riveted to its pages to the
close. The book cannot but prove hyorite with
the people south of Mason and Dixons line, and
northernes will find much to amuse and instruct
in this volume. L. s.