New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-10-07
Total $50 GA, $40


There were returned to the Bank Department for
cancellation du iug the last week over 81 100000 OF
bank bills Tie amount of securities surrendered was
over 81 C0OOC0 The amount of notes still In pack
sges, not counted Included in the above, was about
1880 OOO Tue mount of notes returned for cancea-
ton 70, the last tn ee days OF the week succeeding the
recent decision of Judge Harris over 81, 100000
and the amount of securities returned during the same
period was within a fraction of 100000.
The Phlade,phia North American says:
There is no alteration in the Money market to-day.
Outdoor rates for good commercial paper are an
changed, but tneie Is very LITTLE oneng OF senng.
Specie continues in good demand, prices ranging at
IA Is y cent premium; New-York Exchange Is more
active at 3d5 q cent advance on banking currency
The Albany Argus of this morning, in abiding to
the failure of the Bank Of Central New-York, men
tx ned in snothe: place, says:
"The circulating notes are secured at the Banking
Department, and it was the impression in well-in
formed circles yesterday at Utica that the other cred
itcrs would ultimately be paid, but that the stock
woulc prove nearly quite total loss. This bank
met With large losses many years ago, and we think
has never paid dividends
OPERATIONS OF THE BANKING DEPARTMENT
Having noticed paragraphs among our cotemporares,
protesting to give the amount of bank notes returned
10 the Bank Department for cancellation and destruc-
ton and the amount Of securities surrendered there
for and believing it best to give the public certain in
Superintendent on Saturday evening" and were kindly
furnished with the aggregate movement of Currency 10
his office for the week ending that day. There had
been returned 10 the Department for cancellation duog
the week. over 81 $50 900. The amount of securities
surrendered was over 81 600. The amount Of
notes still in packages not counted llnsuded In the
above) was about $3.50 OOO equal to something more
than one days sharp work in enumeration. The
amount of returned for cancellation for the last
three days of the week succeeding the recent decision
of the Supreme Court that the Superintendent was
40 tho ratY Of
circulating notes below $4,000 for banking associa
tion and $50 600 for individual banker, wss over
eco and the amount OF securities returned dur
ing the same period was within fraction OF SSoooOo
If anything wanting to show the inclination as
well the ability of banks of this State, 10 promptly
meet their liabilities in this monetary emergency these
figures would salsfy the most skeptcal-partculary
when say in addition TO the above that the notes
OF only three banks in all New-York have been re-
turned to this Department under protest.
The pressure Of business upon the Department IS
very severe. The Superintendent has changed his
usual Office hours of FROM a. NJ to p No" TO from
( "a. IN. to 9p. III.
We have had occasion often to bear our testimony
to theefciency Of the management of theBanking De-
James NJ. Cook The bankers, too, throughout the
state feel assured that all that industry, busne tact
and extended labor do for the dispatch of their
business, consistently with the strict accuracy re-
qurtd VIII be done. ALBANY Journal, Oct. ,.
The Philadelphia banks have established Clearing
ROUSE winch mas oeen IN operation since last Friday
The Springfield Argus OF yesterday says:
"The notes of the Western Bank of this city were
refused by the Suffolk Bank, Boston, this morning.
We hear that the account of this Bank was over.
drawn at the Suffolk, ana remittance Of $40 coo
mace on Saturday 70 partly this deficiency but
Il probably did not reach there during banking hours
on Saturday, and had not gone into the account this
morning II is said the account at the Suffolk has
been made good. The notes redeemed in specie
at the counter to-day, and We suppose there is 40
doubt of the bty OF the Bank to ultimately al
"a liabilities"
OF the Philps5aTsh n. j. Bank The T'reat0a
A,aerican remarks:
IT. assets are amp.s for the liquidation OF every
dollar Of lis Indebtedness and il viii be prep rsd
coon az the monetary crisis, which seems to destroy
all confidence between MAJ srd man, - at 81 end, >
resume liz business.
F,'~ The PhdaG<pta LedsG.
Tie L@gsatfre I'LL assemble today ~ harns-