New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-03-10
BANK REPORT FROM THE SECRE-
TARY OF THE TREASURY.
TREASURY DEPARTMENT, Feb. 81, 1855.

TREASURY DEPARTMENT, r 60. ~, 1000.
SIR: have the honor to submit report on the
conciton of the bsuks throughout the Union in com
piance with the following resolution of the House of
Representatives adopted July 10, 1885.
hed That the Secretary Of the Treasury be directed 10
before this House the and each session
Of Congress copies OF such statements returns showing the
Of The Sa,Ient State banks ard sinking cOmpsae. - may
have tssn communicated 20 the Les:tuIes Governor or
pbe ard where such information cannot be obtained such
information will best supply the deficiency
In conformity with this resolution, reports on tue
condition of the banks made in 1885, and IN each
subsequent year up to 1870 change OF Admins,
trston then took place and the resolution was treated
as a DE- ad letter till Air. Polk became President.
The mskipg of the reports then regularly resun
ed and the accounts of the back years brought up.
Since then the reports have been regularly made ex'
cept during part Of The time OF Mr. Fillmoes Admin
isirAtion.
Taken in their SERIES these reports supply facts
which are Indispensable to correct understanding
of the state Of the cauntry and OF the many pecu-
mary embarrassments of the people
These repsrts differ in one important respect from
all the other sDbusl reports made by the Department,
or by any other Department Of the General Govern
meIt. The materials for all the other re ports are
supplied by officers Of the General Government and
OF oates and according 10 forms prescribed by the
heads of the Departments For statements oil the
condition of the banks, the Treasury Department u
entirely dependent the courtesy OF the oihcers oil
the State Governments and Of the State Banks.
To letters from this Department, soliciting such In
formation will enable il TO comply with the reso-
luton of Congress the officers OF the State Govern
nent and of the State banks have, In almost every
instance, replied with great courtesy though not a.
ways with the prompti'ude that Is desirable. II the
returns were MADE more early, TINS depart men,
would make every enort 10 nave tnem Hfsoeed ana
pubhshed al the earliest Gay possioe, wncn ~ould
greatly increase thelr vaue III Tue eyes OF the mer
chant ana Inc panker' 10 the pohucaa economist
and ire statesman TIE aeiay rs mol 90 Important Is
II Is hom Inc reports Oh various years, TAKEN III con-
nectoD, that they make their nductons.
The rfporfs would be- greatly increased in yaue
If the banks would all make their reports at one and
the same timeeay the close OF business hours on tue
ast busiLess day IN each year Al present tue banks
IN the dieIent siaes make tnel re.utns IN osren'
n,oI ~ v phJeSsJnS;a ,Snu,,h ,bav 80
a.; ~, enc .aar ~ 40 no, msI H. on
,bs came cav of the week. Where the maze nrs-
vsiIs the snne p.rcss of specie. NAV figure succes
s;v.ly in the scconnts of different banks-
To- yI,,as, Rr,.;n 81 so npch ;mnortanca IA kno ri
.aa Of tic anc,us,;o,s ~ nsosr cpyrsncv ,a,.r3ad
vUse ', IL, ~ ""aa. " ft xh - -: on,;,;,
mo. $3.50 49,, r T, Pa :. 49,, 49,.
VI '.o ienn VI .1.s. IN ~. 1870 sy 80
Ine ne y, ;ne Sou'H'on VI AL INC Vi '''uo " '"e
t1nea h,ngaoI 1 . a. ; - .,.
~ We Iii J.nn,U;.,;ns " % ,na 80 y, Sa
nV , VI s'o o1 ....saI .r.ou. :" III g.'..
.y hP u yu' aa..1.,;.,. -. 80 aa. o"s ~
o'net uauses 'ns nah r, y. I,
nuen '"oio ..Ien; T. 49,; on . - h uia.u
noie nequens .uan ~ oioa D h 10 "a w
MEADE s Vi aseens .ay 'ne y. 1ue,e nuo
~. 90 81 u, ,Ss h. ~ o
d.y;n ,hs xs a.. '"'a- VI ' '"' '~' 'A my Vac
fbis - snh;ac. ovsr which tho Cansrsl q
snt has NO control but ia 10 he hoosd thar !, will
attract the attention Of the State Legislatures some