New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-01-23

ntp, N answer 20 q resolution Of inquiry &c 70 'he
s.i,. of.hs Lewis County Bank, reports; lnat Il
~ ,,s,.r, condition Of the Bank be knows n' .nng
hut the legislature to the report Of o. Barnes,
,so n. rredeeessor He Gays tbr.s this bank be- |
int an Incorporation We. no, COMPETE to deepest Sc
crrtes in he Bank Department ir TIE redemption OF
liz notes they being simply cv4pter.Esed and res's
tered there. The afGra Of the bank beng in the
hands Of a competent cou', he cannot II ne had the
inclination, interfere. With regard 20 the eeshiyot
the Bsrk fund to Ply the outtsnfog notes OF 'he
Lewis County BsD'A, Mr.. Cooke says:
''1 The dispos'I Of the surplus Of the ssnk Hh. IN.
should any exist after the ye:r 1850 when the Se1
stock bec rDs dse rests WITH the Legislature, uouei
whose apr OpriAton the bsiance remaining can oe
ptid 70 TIE bill holders Of ti~ Lewis c. rnty Bank.
" The following table viii show the situation OF ne
fun I'D eXhiIt the capacity Of the same To
stock due the LIT Of February 1888 1873 and Ieol,
foK which IL will be that the stock due 10 1901
VII req7ire sdysnce from the treasury oil sloV+l j.
or poIt.n of the debt be suspended for one year
Gle smolnt Of ib deficiency Will be largely nofessei
ntho 81 ate fas 10 recover from he banks whose char
ers ha spg expired refuse to pay their last yearly con-
tri,u-Dn 10 he Park Funo: $1,000,
ZEE i2Consribnion. Of 1853. s6o7a 80
Interest On De?osii'.....''''. $40 vs. otI0' d
observation-disclosures. -slsLta q
One year.. '4ot %
Rs,,.oe ...........................sIioDs 81
issF , On D.co.i: s .''.. a5 + sj2isl
sI95,3g7 50
of y.st' iHot c-sl644s4
p.,.uoe .sasl2 81
i'' Iser..eI DeSosit....,...,.. iOm s5- $3.50 Is
p.I.u,s. .s76,455 Is
S s,osf gsr' 55Ss3 e. ss7ss7
1890 Feb i. conniucn. Of s56 sl5G,s 50
Interests on Deposi's........... 81 81 $3.50 70
B.l.nee..............................s5tI:2II g
One years. SfSo %
B.l.pee................................~.662s Is
lasl-Feb /, Combinations of 1901 ns 80 ,,o,s .,
Interests on Deposits l'So VI fff0'' -
IS 4sS 81 s''0i %
stooi due lOsOH 55-SlOSA- %
n.s,,.,,v. sI8CA 81
1t will BE- observed from the table that the balance
on hand the LIT of February will De $2S9l2 VI ms
balance il produced by estimating the assets OF me
Bank Fund OF Jsu. |, 1857, at s9s ~ 81 while the
balance Of undoubted assets are stated in the Annual
Report az s9l 90 0S. This reduces the oalance on
Jan. l. 1858. to s23 30i l.. To make this amount
ayssbe At that tine for the redemption of stock in
advance every bond and mortgage would have to De
collected by cue process of law. II they should be
allowed 10 remain uucOlected the interest upon that
investment being fraction that paid upon the
stock the actual balance for the redemption OF the
stcck falling due in 1859 would be reduced to Sll,'
LIS l5"
After enumeratng a detailed list of the stock due
and by whom held in 1853 1859, 1860 and 1864, the
Sup, r1tenden says In view Of the facts shown by
these fgures ard being fearful, if an attempt was
made to redeem in advance of the time of payment
even the stock of 1859, a deficiency would occur in
1853" and concludes by saying that being in a mea-
sure compelled TO express an opinion the subject by
hutton he
recommend any acticn of the Legislature which may
produce q reputation (even temporarily of the Bank
fun stock due in 1855 all of which is hell by the va
rous trust funds Of the State.
The independent Gays:
The following weekly report OF failures, assign
ments etc. r,r,
about 2o oOO ,bos nominal surplus Of shout Is coo.
w Hooper Worcester, Mass, failed aud gone into in
" s Baker New. Bedford. Mass, suspended.
Williams Nor.e, Springfield, Mas su'peaded goods At
John W. Barnard, New-York city, suspended offers cry
Richard Clinton, EewYort city, suspended liabilities sad
Grow & Christopher New.York city, assigned Jane.
GOULD Elliot N,w.York city, suspended.
Wait Wells New York city suspended and "'iened h'oi'
J. Williams Brooklyn N. Y, failed ndeb:e dae.. .boa.
$500 confidential, sl2cOO ss'ets about *@''oo small
'' Peter MedBgire Albany failed and left
oI, Ae,hf,s! ~ H. ';;'Se' . to owsn 'aaaey
T. A. Rosrr,, Binghamoni T., assigned
Jacob Fits, Ssugeues N. J. filed
Job Holt, HaveIsTsw, n. 7, tuspended snl ssgued.
David Auble Newark N. J., suspended
Thomas Straw bridge Co BossbuIg Penn, failed.
Charles Walters, Suffolk, Va suspended
W II Thomss DAhlOnets Geo suspended
Abn,r r. Bush Co, Brownsville Miss appended and lef
William Nicholson, Nichosons Store Alb, failed
J. 4 l.. Adler, Shelbyyille, KY, assigned
G. w. Betiery, Cleveland Ohio assigned.
WalkIey, Wright Co, Morgan, Ohio assigned TO X H.
Moses; ssses $1,000 liabilities about tSO,'co Of whica
$500 confidential
L. L Peet 4 Co. Chasrin Falls Ohio suspended.
b. T. Seaton Massilon, Ohio, failed.
Judg, A. MCKAY WilmiI gton, Ohio, suspended
:. {. Hall, Warren, Ohio su'pended and sold out
Graham 4 Travis Mshawks, nd, suspended
W n. Brown, Hew.AlbaIy y, Ind suspended
Hitchcock Gaines, 0alrils, H.. suspended.
L. De Puy, Albion Mich sold out aud storc closed
Rehrdon 4 Brother, Fond du Lac, Wis, suspended.
h hoClesn, Dubuque Iowa, failed aud lsff.
Shelby Bonesen Fort des Mones Iowa. suspended goods
attached.
j. Bowman Mount Pie ssant lows failed aud assigned.
James r. SritE Van Buren,, lows, suspended.
The mails by the America have been received. The
private letters are only from England the Continental
nail having been left at Boston The tone of the let
tels received il favorable continuance of the i'm
proved state o. the money market. The tate of interest
out-ide the Bs,k is easeI 81 u 3 cent, but no
ducon by the Bank is looked for Immediately Consols
have been very steady. The following table will show
the au ,tuations since the 10Th list:
For None. For Account
Dec Lowest Highest Closing. Lowest Higher: Closg