, 1861-12-26
Condition of the New York Banks

Condition of the New York Banks. |
The New York Horld, Of Tuesday, in gfvln; its |
weekly statement Of the New York banks, in con-
paEison with former years, says:
The New York banks hold about one.third more |
specie than the largest amounts ever held at the
the
more than the average for the Preceding five years.
The ratio Of coin to the liabilities including the
ccptfns 1857 and 1853, when the business Of the |
country was stagnant, and money worth about |
four per cent: on call. in consequence Of no de- |
eminent loan. il is larger than In any year except
1857, Just after the crisis. when the coin had
cumulated in the banks from the reaction in our
foreign tracing. The position OF the banks is
stronger than usual Ii years past Of active. pros
porous business, when shipments Of specie to En-
foRs were ma5e At oyer sl;aoo. 90 per week:
immediate future. for specie to ship to Europe.
and that which was rent last week. under S5oo,0o0,
sisted chiefly Of foreign coin, &c. which had never
been on deposit in the banks The average amount
Of specie held By the New York city banks at the
corresponding period in December for the six
yeara from ISIS TO 1861. il seen as follows:
Specie in banks Dec. 2. 1855. S1a0S3 $50
Specie III banks Der. %, 1856 II ,15a,3I7
Specie IN banks Dee 19, 1S55 .......-~- 25,955,96
Specie in banks Dec q, 1859 ...-. 1as30797
Specie in banks Dec. = l660..-.,..-.. q, ,s26979
ayeraee Of Inc six years .......,... 1s'6g.T3
Present amount. Dec. q, 1s6i..-....... 36,S,3ss9
The New York banks have paid on account Of
Government loans since August 10. s7i.ss6.s35. On
account Of S1o2, ,556, s35 loans taken by them.
The decrease Of specie in bank and Snb-Freas
ury since Aug9e G ~, ~ before lhe loans were taken.
500 geo. The coin has gone into the channels
Of trade IN the country and among the people,
as'en ana n6es ct to tie /
has not gone abroad. The movement cannot be dis
advantageously to our banks OF the community. in
above when tic trade Of the country was much
larger, will show that our banks held usuay spe-
cefrom sl1, ,Oo00D to $19o0o,o COO instead Of $751;,
co.. tQn, our present amount. The Government
loanF and paJ Jments do not require shove $1,000
in specie to move them to the same extent Us they
have been since August 10. and tha. movement IL
| suMclcnt to carrT on the war.
The commcrcia1loans average 81, roo COO gainst
| $50 e,a 600 Tor the week ending Dec Il, and the
average commercial deposits $92 500 cso this week
| agxinst s94t COO last week. The actual com
ulercfal 1oane on Dec 21 were about $e0oN.0 less
than Or Dec II ~ and The 9st % y, asposts
| with Dec. II.
Auction SALES OF 1ILIsoIs BANK SECURITIES.
The following sales Of stocks Tess made at aue-
shs pnbos nol Of IT,
s6,5oo Virginia g. and July coupons :. *
500 Tennessee G.. and July coupons. 40A
M asss hi%RasGta fnos nd r Michigan iii Canal 6.
16lu. ~
s17,coo nIinois and Michigan Canal 6a,
4,pOQ Illinois IS, 1860. @734
4Q00 Illinois Ge, 1868 .............-.. T8K
| 4tOO Illinois Is. 1870. 7SH
| sou Illinois Gs. 1877 -., .-...,....... TAX
1900 Michigan os, 1858, large bonds .7ehGs76a
2GOGO Michigan IS, 1868 :. +. ..-.->..-.T54l419H
5000 michigan Is, 1879 :~...... T37<
now IN course Of liquidation: Bank Of Southern
Illinois. Bolton; Illinois Central Bank. NeWton
Vienna; olympic Bank, Metropolis.
(ste On account Of whom 1t may concern: :,
f0. Minnesota 8s---.--- n
| -Aew Io7k Ho7fd, Tuesday