New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-10-23

roal......sI7sni7i u47372 sse.D4 l7f5l %
A. compared with the statement .; the previous
,.cck Tie re.rlts are q. fnlnWs.

iu II -
Incres.e 70 di.tsr, OBSERVATION-DISCLOSURES. ss<7
Incrss.e IL depots proper Observation-Disclosures. J<@"
The following circular hss been issued from the Bank
Of Mutual Redemption 70 al the Bank in Boston and
New.Eneand:
Bark IF Mp'aai Reee"IfoH. Bo'fsa, oet Is is'3.
To n, Py,i'deatand D1recioys Of ne - BANK
GFNTLsHIS: The fox Bank having given note tatt 'lo
r. wsir. upOn The Bank together ia tt stratum
aid having entered Temporarily mo a. ARA ger l % n,.
Bsr,-fwhich snsrgeuent, as y 70 mutually so'psbe and
te,pi,a, pug a., (. ~ = 49, 4, A. ~ rorf-- I'D
orY.ri.pca We no, vii remain Bruo..~dre invite yol
% Join plscn the sytem Ds-is which cannot b.
SHAKER or vessened y =. a. any single Ba disturbed
deroyed BIT with he ~ active or passive ofs asor-
ty Of the Bsns. Il New inland.
Befeurg you 70 Published aets = ne3rIoraton or
s,ockhoda BY Law. aud Tie rPoT, Of the fret eaauu''
Of the Bank By - s'ocsho1ef' Commute tpie 81 when
guide yo1 IN you decision and any further iuoas
tower % ave and ealing your attention s4nsed
= no.. p ", ~ n ys o. :, .1 5I aud s a. 's n
placing system under ne vsc care ard control Of those
tlcct-s-tte Banks = New kng snc-snd rem an,
very JAMES JAMS O. &C cARSE.Y. President.
IT, Bank Of Mutual Redemption proposes to do the
business Of the Banks in NewEngand the following
terms: or PERMANENT DEPOSITS.
Stakeholder VII not be required to keep sny perae1t
Die Bo-,on bsuk viii deposit oearh receiving
therefor az 9 Ger, IeT snnum Psysele sem aln1ay 1900
$500 each Te.in= interest o. ! cent, -eni-a
oiher country bsnss Of New FINLAND Of les than 1000
For h ,se bsnt WI efsys se eoef ct al MN i si'.G:
Tie 70 g1laT Il THEN business Iom the community
~ DEPOSITS N ACCOUNT.
An moneys received and oolc:iE. made in Boson - b.
credited e Gay u receipt received before tn ciase Of tie
Bank.
Iuio4c.t vii BE- SLOWED 20 e Bks = Nv FINLAND iodiur
wei Of thtI r1lsns soou1 Il rer eeI per amman or ms
B t vi Love az ID 5 81 s sS5e q e.oh week
sunu nay be agreed upon Inieres; viii b. cas- even
Thousands # dosT and VII D. erected aorty . banks
Banks who keep o1y permanent de, the rs Monday
Of April ano Modsy October the pers Of thoe
nteiest WI Be- allowed sarser balance taar .2io1o .
By special preyots effeeinsrt.
ooe, ,I. vi be nedg ioI ,iy 9He 4. ;he o.,., t1f
rates soeshode 70 b. allowed - cen On charEes Tor cg.'
allowed - cent Banks seeaiIg Permanent deposit 70 be-
count e,btLe bank ohera.- b. allowed s,cs, TIE
aowaIce o. Collection c1res 90 . Ia y Up ard cfsded a
without rlrece.-sry delay.
Tie following circular, signed h the Presidents Of
twentyhree Of The banks of Boston, has been issued
to the country banks
To The pre.deuf ard Di,.efo,. If de-- Boa.
II lie row moIe than tnny ye.s 'aee Ne n,is Benz
systsn as il nsay STYLED wa s,lsnrd snd lA'lsn y
with opposition a. the ou'se suppose no one ~
cit 70 he currency and business - h- kugani Complaints,
have Understood have sometimes teen sae - % the man
ItT - WHICH iis Drrl NDAA-'l-f Vs " AHu.lF4
We think by .sery end q minded thai the
whol, ,he business bs beeu carried Wit great xii and
suocess; the Of oisate'i0u hoy.r ifr
they may have beenst tie moment h ben very v
end tndE when compared viii he great aud malgl s1Fa
tssrs which have beer derived from the system.
Tie system now il our oplon "a i@siae1psyA -nd lie
for this that take the Liberty 20 aidress you
The oca'ed Of i ey have doubtless much deep
interest 81 this matter than have Noue Of our bauks res
much craton source o. profit and foreign money Ia
been Teeissd IL payment OF debs Tae country banks
the other hand desu9 largely and some OF them a-
system be abandoned suppose they will ind d'hc1t
70 'S Bot seI a. e iueor esieuee and o. 70
which the banks be ekIed ~ BE- o. little censeqaenss u
comparison with tho certain loss which the bc VIII 'u.tsa
Tie Bsti Of Mutual Redemption which come have supposed
well the place Of the Suffolk tsre srious it.
val fail he expectations Of taose ho have es'sb
shed H. However couect N theoy .ueh an Institution may
appear 10 BE- believe here viii b. pfac cal dhcut he
workins Of il ~o.eh vii ciiaprt iae nops' Of m fsEis
We believe there must be so OF saasonsn oe"eeu saaers
and Borrower, in order 70 make ne ne:ea,ol 'se -
il slwsys very scat danger II lyss.
We aye thur, m irw ~orc, ms Know 20 you irs.s
IN the hope that, yoa shall VITA ~ We've.
sestie end Prteri measures may oe -doPed ~ uis .e
system n y. nteTty W. ,sy 'y'-en oc.aa,e We -, 20
who usy the for doiuE the work provided
only IT, be reasonable eeiisin; a, tie WORK vi D. doue
Tiornss Lamb President Ee~ Bs1k. Caleb s,e.or
deni sse Bauk Roer Hope Boston Bank Ban.
el Denny PRECEDENT Hamilton Rauk; Mm L Antress Psi
Cry Bsuk Isus;irs sIseut frstsnt Cob Bank an
Frohinslsm PresneI sate ban william flofnss Pre-
dout W .t'er bsnh' NiLam bismtaA r5e.ident Sewn
Bark: A. D. hosse fT,saeni " Arlington hars Andrew T.
HAL President TieHort Bark VI D. KnSa, -Peseell A.as
part J0.l ".
cSorstt rSe.dent Bank Of Norl Aneries I ~ COS Prss.
d.ut iou Balk. Daniel kaba. oT Norh Bank; J. J Dix
well flcs.deii ass'Aus ba-. Ia-A4n ha'en fssi-
Bsrs; Frodcrs could Pi-saert Hank slon,or
Pper Piss'le1t freeua B-k; NshAu kstbin Pfcsi1eut
P5t-Snce the above ereu'.r prepared notioe ~
BEEN siy BY IT, Sasok Bank. esey r.derp.
tior o. ,Ty money vii Gees o. IL "a q next loua.
Thu. dfertISin, bang tina th~ par ri thar Institution.
rud, II important tis Whatever may b. deemed
b,.t DO in til ---eIsen anything s-o-a be dole
promptly.
The nsmes Of TIE president, of all but fifteen Of the
Boston banks are appended to tbs document. TIE
banking Institutions which through their representa-
tives have omitted 70 sign il are the Atlartc Bank
# Commerce Boylston. broadway, Columbian Ex-
change Granite Hide and Leather, Howard Ban king
Company Maveri K. Mechanics, National Trader.
Suffolk. and Bank q Mutual Redemption.
The stockholders Of tie New-Hayen County Bai Z
held meeting on Tuesday, to hear the report Of a
Committee appointed to investigate iis Affairs The
report exposes q system of reckless Encouragement.
which could not fall TO destroy the stronges: ins;tu-
ton OF the assets, amounting 10 s''s 40 -, only
1894 $50 50 are pronounced TO be good and after pay
inc the deposits and circulation the unimpared capi.
tai j. only sl299,5 g. out Of $4,000. The Com
nit,ee make loug array Of charges against the man
aeeuept. The amount oyeriIawn by the President
and the finn Of which he was member, at different
times. was stated a. $3.50, i26 S. for which no
WAS received by the bank. He stated that ne
used the.e funds in New-York for his convenience
The COMMITTEE reraobated the manner in which the /
becss Ct ue bsIl Is! teea ke.''. g lgme.?G: .a.e