The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1860-12-07

OlTCuldClOu.. .........p O,OO0
Securities, Min.7 per cent. K. K.
Bonds. NEUTRALITY-SUSPICIOUS.. Z5,UUU
Peoples Bank
OTCuldLlOu.. .VAo,VVV
Securities, Min. per cent. R. r.
La Crosse and La Crescent Bank
Circulation: ;:...:.........:.;,..;: S55,o4l
Securities, Min. per cent. r. R.
Bonds. ..................... 49,OOO
Central Bank
ClrculaCOn. ...s... .Sl0, LOU
Securities, Min. Z per cent. K. K.
bon0s. .....,................ Z|,UuO
Bank of Chauield--
Clrcuiatlon. ....:.. ........... $zS,oUO
Securities, Min. per cent. R. R.
BONDS. NEUTRALITY-SUSPICIOUS.. 59,UUU
The capital stock of the Bank of Chat
field is principally owned by Selah Cham
berlain. The capital stock of the La Crosse
and La Crescent Bank, is principally owned
by Daniel Wells, Jr. +; and that of the Gen.
trail Bank is owned by J. Jay, and H. M.
Knox. The capital stock of the Peoples"
Bank is owned by E. S. Edgerton and D.
A. Montfort; that of the Winona County
Bank, by A. W. Webster and 2. H. Lake;
and that of the Bank of St. Paul is divided
up between some twenty stockholders, the
majority of whom reside in the Eastern
States
A dispatch from Baltimore says the
banks on the 22d discounted nearly a
million of dollars, greatly to the relief Of
merchants. The New York banks on
the 23d discounted from $6,OOO,0O0 to
$8,OOO,OOO. The following resolution was
adopted at the meeting of the bank officers
on the Oath:
RESOLVED, That the associated banks of
Boston believe it to be the duty of the Boston
Banks to maintain the integrity of the specie
paving banks in the present crisis, and in order
to meet the demands of the commercial COM
munity, they will render all the aid possible
for the accommodation of the public by dis
counting to the utmost extent OF their ability.
The Chicago Times Of Saturday last
says:
There is nothing new in money matters.
Things are at standstill, both as regards
currency and Eastern exchange. majority
of the bankers seem to think there is better
time coming, and are disposed to wait for it.
Eastern exchange continues stiff at GOT per
cent premium and in some instances higher
rates have to be paid by outsiders. The gen.
eral feeling among our merchants is that these
rates cannot be maintained any great length of
time. The quantity of hogs and hog product
which will 90 forward to the East during the
next two weeks, will make large amount of
exchange, and have tendency to ease matters
up very materially. Private advices from St.
Al l. L. b. % 4 -
of the entire State of Missouri are well fortified
for any emergency which may arise.
The receipts of specie at New Orleans
for the week ending on Friday evening, the
10th inst, were $l,75O,5OO, divided as
follows-$l 100000 from New York,
$4,000 from Southern banks, $l85,000
from Brazos Santiago, $4,000 from Vera
Cruz, and 81, 500 from Galveston.
There were no foreign shipments, but
$4,000 in gold we're sent to Memphis.
A mistaken idea is prevalent relative to
the securities Of the Illinois hanks, it being
generally supposed that they are mostly in
stocks of the State of Missouri. This is
not so. There are over one hundred banks
in Illinois, representing eleven millions Of
dollars, and and secured by thirteen mil
lions of State and United States stocks. Oh
these there are but two and quarter mil.
lions of Missouri, or only one-sixth of the
whole amount, Two years ago the Missouri
securities amounted to four and half mil
lions, but they have been gradually with
drawn and replaced by others.
| The Chicago Democrat of Tuesday last,
says:
The money market was further disturbed by
the throwing out of two other Illinois Banks
yesterday. These banks were classed among
the doubtful ones, which might not put up the
additional securities, when the banks held their
meeting on the afternoon of the 10th inst. That
they were not thrown out then, may be attrib.
uted to the fact that bankers were afraid to
discredit too much at one time. The list of
thrown out banks of this State is now nine.
This may be oil that will be thrown out at
least indications point towards no other banks.
We reprint list of the thrown out Illinois
Banks, also of Eastern Banks thrown out in
this city: l ..:.r --.
! American Exchange Bank,
Il Bank Of Raleigh,
/ Bank Of the Commonwealth.