New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-12-17

:ssc t... ,-'4 .hs point md r-fh.v- esn too '0''
KIsnmI, soo.h I'm itrs ts', la;: ,sS md ss's !.
fisclIs haas.1s . cet for ii. period Of h.
,son; Great Sri Sor the -,es 4sv bs-s, ssain.'
sss ' . S n: :IS ' orl s:1i s a1i
s To- -, 81 1900 s.s re: Compared with " 'sN ana
or.LIv.-Te .dvie.s week later confirm my Sepor'
9TH. fdnt "a IN Suaify the ports Of Ne" oreHn'
Ts- iIo-bs s..sem~nt Of the movement in Cotton since
d. lot September s. compared With the Pre''o' ''s'
r., ii. lssS; 1850 1s sss i Is isSs;
EIp, to CT Brsin.2ileco $1,000 a2ce lsscr dSs
Fl &c; :::r : - s :: s sis:::
OF which during pas, weei included in The above
kiroI,: 70 v!."es : $500 ssSoS 1905 ioccs ss.
F FL f s,Ss1 To-. r ;Sss ,ss $ 5000
Al the port, eouParea s,'h
70 c-.: Id s.%piI 1 s's s: viii
$500 o,beT freisa ports a ce eonP.sd T,S is'1 ''
FrsIcs. $50 o; increase compared wi h lss7 iiee
The charter Of the present S;ate Batk OF lnd'ans
expires Cd the Grt day Of January next The Les4
atnre Of the STATE Of Indians at lie session in 1914 aud
IS passed act creating bank under The .me
Of The Bank Of the State Of Indiana, with dn au-
horned capital Of s. 600 600 and power 70 create ~
branches, which branches have been judciously To-
Gated throughnu the State. The charter is safe and
liberal one; may be made useful % the public and
profitable to the char holders; is in many respects
similar in it, provisions to the charter Of the old Bank
In the pre,ent State Bank the state of Indiana owns
about oneba it, capital stock individuals the other
half. To the new Bank the State owns no part OF the
capital stock. Under the Constitution Of the State
10 ether bark can be created excepting under the
Free Bank State Stock system Two millions
Ct the capital stock in the new Bank mas
been taken, with power TO increase the same from
time to tine to s,000, 90; and the Bank will COM
operations the ID Of January next Mos; OF
The branches OF the Bank have got the hands
Of parties owning and controlling the branches OF the
old BaIk 20 tia. the old branches absorbed quietly
into the nee. II is to be hoped that the new Bank
will be managed as successfully as the old. But
few Banks in any State stsnd higher than the State
Bark of Indiana. In 1S34-5, the State Of 1ndiara
borrowed 81 goo pay for her stock in the State
Bark The result Of this investment is, that after the
payment Of the above l"sn principal and interest,"
there will be clear net profit to the State
OF about $2,CG0,C00, which, by the terms OF
the c. sr.r, goes TO the School Fund of that State.
When the present bank into operation, the popu
a,ioD Of the State 800 900 soul', and about
one hundred millions of taxables. Now the populA
uOn ~ near nnu thc e"Ah"''o
about $40 Geo eco. The operations of the bank has
aided much in bringing about this state Of prosperity
Hugh NJ Culch, Esq, President of the new bank,
and James n. Ray, esq, Cashier. Those gentlemen
have been corrected with the old State Bank from its
orgsrizatioLthe former cashier Of the branch at
For WayIe the latter as cashier ofthe State Bank at
Indianapolis both Of eminent ability, and posses
irg the confidence of the people of that Safe We
cut ron The MadtsOn nnd.) Courier OF the 9Th the
following:
"THE NEw BAsK.-We are glad 70 learn that the
capital soct Of'be Bra Oh Of the Bank of ths Sa'e OF
lDcDa bas be sferred T. men VI capital aud ex-
tsq of the City Of NewYork, well hnov to our own
,it z.bs and those Of State genes ally as former
dsrt 4" Madron, c se'y dcnih, si'h all our pib-
lie ip,ere is and gentleman of supple wealth. Is ire
primipal purchaser Associated sltb hun several
Of sZeus including Of the dioectors and "fi-
Of The d S,s't Banh who H bring TO the aid ~
the new institution their means their ipfn-n,e and
tn. qualifications acquired bys familiar scqaabtance
Il many yssn ID the bsnking business. L. the POO
preiorr Of TIE Bank pprsae wise and hbs ra pol
icy, The ushtdtioB may prove n great baneht 70 the
City oi Madison and t. the country eeoerally AZ all
,vt ts ", afford 10 haok Mr. Lanier cordially for
ka,hg he cal sl among us, instead Of wthdra~iogh
at time vbtD is less would prove 20 SET GUS an incon
y.bi Ia ibt in'ecss's az our goodl' city
In the case of Cassard We. Bin nan, Judge 1of-
nan, of the Superior Court, decided that Gales
Nt plO'uce OF uieTCHduultt UeuScI1Uic ~ q iu-
,ure day. with no intention Of tie parties ac-
,nelly ~ perform it, hut merely TO pay difference
on the one tide the other, according to the
tate Ct the market, such contract ia o wager and
Therefore. void. This decision Of Judge Hoffman
lsc.s contracts i'll pr"vi-ioos where differences are
only understood to be paid in fulh ineIt of the con-
tract uron the came footing as cont acts in stocks
and declare them ~thout the pale Of Law. The dec'
sion IL very lrDgtny, and will be- given in detail, as
b.irg in poItart to The trade at large
The Hartford, Providence and Fishkil Ra'lfjad
Con pany Rad their annual meeting in this city on
Wednesday. The Directors chosen for the ensuing
year wer, ByIon Sprseue, w. W. Hoppp, james
An,htny and Henry Lpp'tt, Of Providence; Stephen
Hani, IT, OF pheni1; Charles II. Warren, of Boston;
JOSEF h Iruubull VIM ii. Imlay, -hed s~ith, ana
Calvin Day, of HaItfId and John z. Elton oil Wa
eibury. Byron Spragus. esq, was elected rres Dent
for he ensuing year. and Ed ward N. Bndgemau Sec
rotary anc IT, The goss earnings for the year
eporg Oct I, 1856, were s3iO,59S 05; expenses,
Gil leo "a; net earnings from operating the rad,
<I69 437 81. The following is statement of fbe
fpsnc al ccrdop # the Company on the Is. Of o.
tcb.r 1856:
AS. Ie,aw -
L.bilt.s .................'....''.'. *~'S'
Excess Of sssets. @l4r@I 20
The uLpirg expenses have been near 80 3l0tAs v
cent Of tie gross receipts.
- ~. noavd ~ Directors of the New.