New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-06-14

1Dfih iiDos' %J-ttf -Oof-Sf~'D VeofJ'o -''
The aggregate futher rise Of $l3 OOOO 600 in the
amount OF spec.o in the banks. The whole accuuuls
ton since October has been $lii,SO0OOO, or three
years produce of California.
The Cahawta to-day took $500 900 in specie for
New. Orleans, snd about half million mas gone South
during the week to sses: the banks in sustaining spece
payments.
The ELpress OF this evening s.ys'
The Park Bank lredeemiDg AGENT throws ont the
Lchfed Bank Conn, this afternoon. There Is no
sale for their notes.
The contracts for the work The Sanitary and Erie
Rslrosc from Nilemsport - Farrandsvile, Pa, 50
mile. have been made.
The Anthracite Coal trade is dull. TIE Reading
tunnsge for the week is 26O6i and the Canal 1891
The decrease for the is about 100000 tuns on
II Railroad, and the Canal 10000 tuns.
The Precedence Journal says:
good desl Of surprise was created by the adyer-
It's ment which appeared yesterday p tae effect that
the Director of the Providence and Worcester Rail
road Con psny had ked all the power heretofore
cor fened on The Presde Of the Corporation.
TIE of this vote have not ranspired oiiea
ly, but 1t is understood that there has been differ
OF opinion between the President snd the ID rect.
in regard to the dividends aud repairs, tue Pres
cent being in favor of making larger dividends, and
the Directors IN favor of applying lsrser portions of
tie earnings 10 the repairs Of bridges and maintenance
Of he road.
the road arose, and the Directors passed vote re-
questlg the President 10 resign. This ne declined %
DO and then the Directors passed the vote thai has
been pubihhed.
Tie Nashville Tenn Banner Of the 8th says:
ave are Indicted to one Of the Legislative Iuves-
gating Committee Tor e,s.emeut oirAe books oitne
late Secretsry OF State which sn0Ts tnst 9TH ,er de-
faulter in the sum Il S3j, 2ll 6l.'
Tire Star ofise Wet, from Aspinwsll b-iugs nearya
million and half Of gold 10 swell the Bank averages
Ire .dvices from Csliiortia not very importaat
Merchandise was moderately active. The Slipping
Last says:
The Only item o. interest in connection win tae
gold product ot coast consists the further INTEL
lsspts received rom ne Dig ogs recently discovered
Oh Frszer ana Thompson Rivers We su0u.d Judge
that GONE , O0O pers have left Csorn Tor that
region while there are numbers N almost every sec
tn Of the State busly prepsrlng 10 move on tue re-
CENT of the of - the mining grounds be-
log had by ether the uvsr or land routes from Puget
Sound. There il disagreement up,n tie subject II
tee gold BENG there u abundance. Some receipts oil
the dust have come 10 hart tue appear OF such
parcels beOg prec.se simIlsr 10 those OF t1e eEfy
placer dggiIgs n CaliOrn.a.
Nothing has occurred with Us TO interrupt the very
fvorsh authorizations Of the seasons prOduc-iveGess
OF cur own mines. Gold dust has coue in more freely
dur M TIE fortnight and money IL il abundant supply,
requiring cheuge % be noted from our last quota
tons Of crrTent Isi@s. Bars Of $50 fine freely Of
fersd a. T. cent Of The supply of Mexican Dollars
l. more tnan ample and rates nominal.
SHIPMENT OF TREASURE.
To hsy - @isJ91p
To Nay l5 10 S"l"
F,cA., IN favor q thi. s2si3sD
IT, operation. s. Braa;t Mint in hi. city May
let 70 l5.h were as io-o~t;
Ccld Dust %
coinage.
T-.u,seicus IN stocks ere but few though some
chsu.e printed figures per annexed M Sac Bonds
noted g. scarce
Stat Ropss rsyabl- IN 1871 q c.s.........Sca 20
Wr Bonds, = ct', Ice January 81 nominal Al goa
F.ri.ec Bods 10 y c..............par and interest
90 c.co CsntI,li.r', Wsrrsrts Crrj-c,e ...l56 80
Sacramento Ciy Bones .ocording 70 date nominal
sAcrspeu.o County BOuds 10 = %
Msry svlle CITY Beads. 10 10
BANkISG SYsTEM.-Evefy State OF our cOpederacy
seems now IN greater OF less degree TO recognize for
an established principle that, banks Of issue are
but creatures of the lax-makiug power il is duty
from which there il no honorable retreat, that The
game power should also provide adequate guards aud
prov -ous for the security OF the bEholder. What
il the beet bGs.s fJ- such security, is however ques
tior upon which there exists, think needlessly,
wide diversity Of opinion. Oar own system has been
in active practical operation for period Of about
eighteen years and, notwithstanding the gross lmper
fe.tiors which in ts early years discovered and
Amended we are bold IN the slegst0n that q less
percentae OF lose has occurred under 1t tasn under
he sys'ern al a1y o.her Northern Sta.e. Indeed,
with lev exceptions deem the system az perfect
As can well be devised. We of will not be un-
ersood 10 approve the mortgage element If ths sys-
tenn SO We have frequently urged upon the Legs
lsture the duty of excluding them wholly that we
think IL unnecessary TO reterae here object, ,us
to that feature. The caief requisites tor security
basls are updoubed intrinsic value and ready con-
vsrubilisy, coupled With stssdiasss Of 9u0ts,Vn.