New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-16

or bspl, So ,ee4d .s assisted th-I Iedn paous and
ser notes distributed smors tho sscTs'es hs |" 'Hs
rI,ea,.,e Conmittos ,hAll deem :, polite 80 TO DO
isT TX 10 any bank .ho ,hsn hIys
80, civ. Thereof tssn toe agency assist n 't-e7
.ng ;b- circalA'irg no.ss q snch reips o4It I,
- srlsuay withdraw it's elr,nsot ~hf9 my De e
tuu.d Il one yea sdld snch retrns bank shi pn3a
o. 'hre AZ Line snd we've mon.s q, ~ -, ~ .bs cir
Of the E1seu'ive Committee tbs, a. leaf q cen, o 1H
cs 'og Of .uch retins b,Es have o-.h M. 20
Cancelled during each Of such periods s.er Nh we Up
.b be returned sud the r-dsnp'ion Jesse, - s :,
provided for The interest which uay b. % tas ~
.nt s,n snd upon the s-c1es LOGGED 70 tbe
extent 10 = cent the Outstanding circulation IA the o9er
10 b. resued and 70 be added to the flnd o. the ASS Ayr
ksr The Executive Cor it,ee shall have po"ert 20 sk9
81. .dfu iass ard rulaion' u cay ont aJ th' poy,o
Of the ioretonS articles, Ihsy .ss De sn.d 10 o
CURED IN attending to aud locking alter 'ns 'oHs' 'n
,rton of officers add the ton Of bIsn-s sh'l oe
holden :. -, h~ielfier IN Zach year, OF ct 'leh
So. as n. ueetus adjourn TO-
IsT XII This Constitution may b. sl.erd amended ~
spy Apnusl Meeting By vote o. two thirds OF The bsnssreP
IL respecfrlly submitted tbs the establishment of
An sgercy conducting its brsress upon these pruc'.
pl.s without cspitsl would secure % the sssc"atea
hanks without impsirpg the'r cash meaos, cheap
and prompt redemption CT Their notes and would place
them beyond TIE rsch Of sny bsrk thst might seek I,
cor troll their operations or business, Do' the least n
porspt confederation to be secured thereby and mat
he nrovisiops for assistpgs bsnk in rs REDEEM o"i
IN an emergency 70 ensbe /. 70 90 on, Or to wind up
ard retire s circulation, beside simplicity efficiency.
and economy In operation, would tend 10 reform enu
check urCue expansions of the currency be C00serva
tive of sound ana Legitimate esneng ana $3.50 lena 70
uphold the banking system, which 10 always more or
less shocked whenever 8 bank IL thrown Out, ana
thus crippled or broke.
II 10 obvious that such pm organisation or uuon OF
The interior banks would enst e its Executive Commit
tee 20 m IKE satisfs tory arrangement with city
hank 10 make the redemptiOIs, il deemed the moss
expediert end that the same mode OF assisting an
Associate bark in its redeup'ons, may be adopted,
whether berk or the independent agency contem-
- % fba m provision
for such essistsrce, IN Gaze bank ls employed 10
neke the redemptoDs, world be sufficient srouod 0r
arrangement by which the Executive 20 ~ A.
sfeeited .,.,
that the cent retained BY that bsrk only affords tnem rh
for the risk aud capital emp 70 tne
would sops inadequate for the purpose but when 10
reelected that by the statements OF the MeroPan
received e the roes OF York s'.e banks = cent ds
count eaivs 10. ysaT Ie s@oa1t h, rtmsy be re-
deemed BY the agency IL would pfoducs en slhsl s"
$500 which would be smPe 'e pay tue expenses Oh uA
This rculs- III be each OF he banks intended be
ton and Il the plan she. the approval Of majority Of
the banks convention will be imnedstsly called 20 saot
the s,ue ser the banks are beard IS may oe
You ere requested behalf Of you bank to communicate
he plan and Thether you it sxpcden. that conyeun
Be- called Please .dds your 5s'y e ssGrse '" o'''s
P.oUTWATER, IT. cOrni'tee'
J. N.
Dated December 7. 1857
From The Albany EtsRia9 Journal
The following ia en- exhibit Of the business OF the
New-York Central Railroad for the Fix months enoing
on the lot Of February, 1858:
1be receipts given are, as far as known from tue
actual statements published by the Company for the
months Of November December and January. Est-
mates ale made which will approximate very nearly
10 the actual results. The expenses are taken from
the average OF last years business SOL cent although
il is suppo led that the reductions aud economics that
have been instituted s,oe the ls Of September last
will cunt in the of the year from that date to
about $500 O00 with out taking into consideration the
extraoroinary expenses 10 which the road was sub
scted in consequence of the peculiar severity OF the
Winter Of 1857.
RECEIPTS
Apsu.t aetns ..............' s66S Os5 81
Ssr,e,nbsr sctnsi Observation-Disclosures. ai2 IS
October sctus 65l 81 81
November, iaoSAo -
Less estimated deficiency .i0C0 b@0sS ~
December estimated the 1875, but from
es.s over lat ss5I6 60
Add estmatsd ncre 15CN- bS552l %
This month ast year the TcceptI very
much reduced in consequences Of the unproce.
dented severity Of the season. The estimated
ircfease Of + IS coo will fsll shot ofthe actual
result. = -
TOtsl csipts..................... Si,O2l,Gi0 20
Expenses ct the rate of =! y cent 81 ,e9i q
six mOn.hs interest. F5,4~5 20
Six contribution 10 t'ntg fund t6tU co --- 49,
Total expenses interest End sinking fund. 76 %
Balance net s2f7s3l 80
Six months dividend st4 T. cent. SI7S2 W
Surplus after paying dividend........." e.S'.Sla 50