, 1864-12-31
MONEY. BANKING, Etc.

a Alooh NAk'o' &A" A ~
this city tor the year Just cioseo' mas 10 90
,,e1L;rc erstem tbot have roarted lts history.
~ ~ t;,afr 1a,7nonent md crot;fv,no effect
aau 4c4e otsa N.N ..,.t.s -
On Its results. II we nave learned something
for our OWL advantage, OF ourselves this year,
we have even more emphaticaily taught that
1a..o,+o otters and s.ond tn-1av stronper.
1sider and a more solidly based than ever be.
t,,a Saaea as ~ commercial CENTER The outset Of
9's 70 1sa. " Fo,,nd ne min ono National hank
ore,0 oro 33;-ad md that coidly receiyed by its
f:i7aw fns,;tntions- It fonnd MS With q mis-
cellaneous currency which made the sorting
toeSe ps9Sens eonrnnsty mixed and motley mass Of
Eaeter1 ..e rar issnes Il vii be- pa,donabIe in
1a .o,odf ,be cnutee ~ fhe TF1nIsE nj the
a1,tsat ~ .u of the strnge,e which ended In the
,t+nr hanisi,r,ent ri fhis trash from orr enan-
a;t,. n-nss II nrce that 10 delay should
~ ofinwe5 IN sts expulsion; that the
West "a. rriIiug Its genuine sources OF
wealth mslth tor trash That NO could and: should
Command good money. We stood alone
among onr city cotemporas'es ~ thas @ aist; stanJ
and It WI oe leetNa heet as ana stron3rast nf
WIN thSlu soie :" .ul ,,5a.t =, IA rtsisa ri
~ thosI 1str wv s1ste9 ~ mee,inr Of bankers
IA sr5 nthers on Nav I'll. a nfoD6sitior to az
ano osns. ,o3na1 ?, ~ -f hos,s uas rnted dnvn. A
upon 5afar ,aes a3on}ed Ge 81 ranid was the
Eeek @ Iater ha;. nas seIaim.nt Wen fairIy d.
ene: ~ ~; puuhls; l.,l;oe* VaGmoT,ev wnnt dawn
teettu t5 .i " tns ~ .;G !, None r. tha. evil
,ad;na ann nF tb. t;,oi nr The interested came
t",a 1.ra =. 80. oe Fo,ffv1th ennnGh Of the
new and universal currency to take it's place,
and tAe result showed what We urged from
lhe aus', snH1 h.s.a ~ and what iii a]w.ys
Gonn.9 maes e,,a % tha hcst money if re de-
otlrS uoni - IL % h.vnnd mr. nresent nnrposc to
dwell htre upon the full benefits OF tae
change in system, and It 1s unnecessary,
sipce they have been brought home to every
reader. In former years. IN the best tunes.
Exchange on New York has ruled from to
per cent, liable TO be carried by the lishtest
ranic to 18 or 20 per cent. This burden ana
Ibis peril have been lifted from our trade.
Exchange on New York throughout thc:year
has averaged at par.
So bus the National sFea BanS rstiana
| Banks in prosperous operation, as fonows:-
PRESIDENTS.
F1,xt National, Z. Aiken.
Eecone National. A hoEtn Es.
Thi5d HsaG0a Se4}9as; d. Lo,pbasd
Fmh Sationsis Lombard:
Mechanc.' r Scsmnon
No!thTeasesn Nanona ~:
The ManntacturcIs Na1aonai bau6 n ass5 1Ss 1no 11st
been organized, win cap eaptsa1 o. So'"go'
The D,Tccfors are non; VII. u e. h,on1 M r,,i.. -
| =. 1Attt1 L,o- A4i r r JU:nI-a~ Tho II;
Chas r. Gray, ana 3: ,a.aa d; M'Ghs 4a wv US r r
reclois subsequently, GiecIe9 lot. Mm nas,,,a. D.
Brown President, and paVla =. Lake Gasnes. alss
The bank has taken 3he onee 1sGently occu:
pied BY the Marine banK, ann w! cotnGienIe !etss
business early IN oanuaiy. ims u t1e ~ e'euta sa
National Bank estaollsned IN tnls clL5, &ao
there are thIet Ut louI otueIo ne1 = tsa5 ~
go into operation under equally iavo1aols au- u
Spices and associations. By the opening Of
the next business season the amount OF cap,
tal OF National Banks IN thfs eiLy VIZ cAeesa a
four millions of dollars, and VIII resnlt 10 tne
transformation Of most Of our pest ana m0st 9S.t
solid Institutions to the new system. Inc
ample statement o. 6uc9 proof q en.
dersement Of the National bank system IL. ~
an uniform National currency by our aolcst
and best established men ls 3 s'euIncans aacs y
that requires 10 stay oY asaeo comments ol
ours.
The year has bee" most prosperous one 70 %
all our banking institutions J., q ~, nnel ,1aps 9ns
boiste1ous Hurry IN OCTOBER, IN the saousn
fall Of gold. brought down tnTeo aoiIoW u
stitutions, and that Was all Inc only Won. %
der gr.w,, when the storm ~ was over, toa. ;st
these had lived SO LONG. Inc o1nes panh5
Nt~~a - est, soine " t1em ,.t ~
warned oy tne % lesson sscvE. IN o }he ! canaes 81
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