, 1859-06-02

u IT'LL lue Aefatu. 1N1-l
c;I Tue bank !. statement Of to-day compares as
n n e: z;?s' $:s'; 8; R$!s1::
nrcsea.c.... tl.;e,ss, l,7olS6 la0.o3l .,9yi73;:
In view Of the specie export Of Inst week,
which exceeded five millions of dollars. tIr
above decline must he regarded az quite small
aud lndieating very steady Aow Of specie iron.
tue interior. The shipment of Saturday is, ot
course, not accounted for in the above stute-
ment, md the actual an1uut in bank today il
probably not over twcnty-thrce millions, il -,
much. Large remittunces are expected this
week from the South. from whence the ex-
change renders it profitable to ship specie t.
New York. The curtailment in Ioars il larrer
than was anticipated, and shows that sound
spirit Of caution has at length begun to prevail
among bank managers. Those who hare studied
the situation with most care apprehend no diff
Guilty from the present large shipments Of spc-
Gle. even though they should continue mucl.
longer fh'ln there is any prospect Of their do
lnE. But it must always bc remembered, that
public safety in matters of finance depends ~
much on thc maintenance Of confidence amonw
the public as upun faithful adherence to sound
economical principles. The hunks will therefore
consult their own and the general interest, by
continuing in their present course, anu reduc-
ing their icans steadily, so long as the specie
shipments lust
tFrom thc Times. soth,]
The bank figures are rs satisfactory as was
anticipated, tue entire statement showing cou-
traction. The specie in the average TAILS off
$f,G70,0o0, but the actual amount in tile bank
vaults to-day, is probably some e, ,000, ,0uo less
than shown by the average. The loan line il
down million and 4 hall, which contraction
has been made without creating the slightest
RI Ct Tf11r in I'm
that such an unusually large shipment Of coin
could have been made during the week, and
contraction Of loans Of probably over e, 900 Q,,
without being seriously felt in the money mar
kct. is a very gratifying evidence Of our tnau-
cial soundncss aud the wealth Of the country.
The deposits show decrease Of nearly x3,tvi..
Wh', the natural result Of the movements Of the
week in specie and loans.
tFrcm She Tribune, soh1
The Bank Averages show less Specie by about
xSeo, 100 than we cstimated this morning from
the run ot tile lnrGe Banks in aud around Wall
strect. But the showing is better than the arc.
rage calculation Of the Street. which ranged
Fl, 800. 900 to $2,Ht', 900. The hanks lose about
one-third the shipments abroad. The lioui-
datlon Of the Loans, although nothing forced.
is much heavier than looked for Adding this
payment Of 3l,56s 900 to the Banks them
selves to tue remittances abroad Of s5,lae, ,oov
- - "uAa."a ~ A14EuIN+ AuQ We nave t1lr
illustration Of the resources Of the Money
Market. The two items amount to $685.
900; Of which 1891 900 was drawn from the
Deposit line; el29, 900 from Circulation; 1884,
.oo receiged for enlarged Capital of Mechanics
banking Association; and $3,3y4 900 collected
from the country including. Of course. tho re-
mlttances from california. The Statement. A.
together. is ono that will afford assurance Of Il
stcady movement in the market for all regular
money accommodation inside Of co@so days,
while the export movement Of Spec:e is Undue.
ing sufficient caution 10 shut out long naper.
made against sales Of Foreign Merchandise. ex'
cept At extra rates Of interest. To-day there is
no difficulty in obtaining demand and short
notice loans at 5@6 cent, and short discounts
at COT q cent, willie some fair sinrle-nane
long bills could not be sold On the street better
than 6@o = cent.