New-York daily tribune., 1858-02-22

The saErin,.rtp: Of he BaAA pep.tn.r: zee

The SsE yin,sr,ent Of he Fanh Depslt trsr. yes
tfosy submitted repor. 1pon the coreiDen o. 7S'
.pes B.tis rrder a reG-Iemen: tdopted " ''e i@7'
l<ec.-a.urs Ia. :hose rstitc:ons sbo1d fcPc'' 20
him thereafter instead ol:o he LHgsls.U!e' 10 ''e
ceurss cflls remarks, ;he Superintendent say;
/: VIII be observed on elimination oi t9e IN
eTal summary presenting the condh hon OF sia ,he
incs the State, the follow NC l.ems invested Ae'ou
ing 20 he.r charters beyond al doubt; est TO- .ae
legitimate nyestments Of Savings B6Eks, ID 'he
opinion Of TIE Superintendent.
Ano-n ioA> aPon rssor1 - MY s-
ni.hsd By he Supsrntsr ..'...'''.''' 80
A..c!sI'or, reso~7ee' 80
r, sSs.68
Tbs says tie Superintendent, appears small, when
an aggregate excess Of resources over baohties o'
nearly 81 eco Is shown by the aggregate stSse-
meLt; nevertheless, The investments alluded 70 soove
are sdicaly wrlDg ard TIE evidence o the iact is
shown By their existence msnly among the smaller
and weaker institutions. he recommends: ..
FiYst. The passsge Of sn act making tne lnNest
ment. by Savings Banks Uniform throughout Inc
State. H.. IL
Secor9. To prevent a1y hank Of discount and
deposit representing itself rs Savings bank' ~neu
q chartered Savings Bank IN existence 10 'ne Pne.
Third: To prevent Savings Banks from iosnlsS on
personal security. -
Fourth. Allowing . majority Of trustees TO remove
trustee who .ball stsent himself from regular meet
ipgs without good excuse ,-,,... -, .ha
Savings BaDss Of the State, as sho"n oy 'ne"
are: sedsas oal
tS ss5 sgi
hmouE; seI.i:cd dairs The yesr 1857 IS -
Amount withdraw dsTiEg the year ls57''....'''.'''
The number % open accounts on the Iu JanSe15'
lsS wa. 203 sO4 Amount due sepO.itor' 81, ,'S@o'@'
AyeTsge s2U5 -.
At Philadelphia the Money market con''nnes very
easy and business slowly reyiyDg. The same iea'aIe
obtains a, Boston, with more activity IN stocks A.
CINCINNATI discounts are 10 - y cent, and the sup
ply of money increasing. Al New-Orieans there
also an accumulation Of money and strictly hrs'c.a',
naper goes a. l0all T. cent. Lower rates are iooheu
for. ..
The repo,t ofthe Maine Bank Commissioners states tne
captal stock OF all the banks in operation Al
-Four banks during the year have gone into the hnds
of receivers. viz: City Bank and Grocers BARK oo'h
| at Bangor; Hancock Bank at Ellsworth, and SANFORD
| Rank az Sanford The Commissioners are convinced
that there are too many bspks in the state, and they
suggest the means of lessening their number as rapdy
A. those vho hold charters may be disposed to reln-
| quish them.
The actual outstanding funded debt OF Vrg MA on
the lst of January 1888, was $E7213,esO -. ms
includes 1910 600 hypothecsted by the agent oi the
BOARD of Public Works iu the city of New-lork, 10
secure loans to the amount Of $6O000 The State has
produttye investments amounting 10 $i,sS3s9o, ana
upproductive amounting TO $2j,3l3,6l3 Ihe total OF
both sorts il $50 l99 i69. NJ the productive stocks
a.. .346 $50 are bank stocks The remaining s2o'co-
5l9 of the commonwe investments are IN STOCKS
| OF and loans 10 internal improvement companies vi
these but 81 ,53S 9Oj are productive oftheunproduc
tive $25 3l3 63 only the of 81 is secured
by mortgage or otherwise The remainder consists oi
stock 10 the amount Of sl0i3 ,6N in improvements
not vet completed and s9,9l7 ,61 in improvements
completed but still unproducye. The minority oi the
Finance Committee of the Legislature have reported
in favor of issuing coupon bonds and as ar a.
practicable those already issued shall be called In and
the old style registered certificates substituted therefor
The report is also adverse the policy of issuing any
more bonds with provisions for the payment Of interest
| in New York o, London
The Boston Trare'er says
1--WE saw yesterday large sheet, purpoTting TO be
| 81 600 bond of the Pennsy va ana Coal Company. Ii
got up with costly plates, and makes very hand
some show, even the coupons, payable IN New fork
| being deliberately executed. Money was advanced or
this bond in this city, and when il was sent TO New
York it was pronounced spurious. So much pains
must have been taken in getting up these plates thai
| probably large issue has been made. The first
| coupon does not purport to be payable TIL Sept.
| 1855
The Bonds purport to be issued by the Pennsylvania
Coal Company.