New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-11-03

rs follows:
Government legal tenders D. 'o16ll
Nutss oil National baGks....-.--....-----. &3t'i-5
N.,es Of State Bauts.. 0oNoow
Total currency. s-9'''eo'0o
AZ roston the supply Of currency Is still short Of
the demand, and the rates Of interest on call are
from to Per cent. Outside Of the banks very
fair three ard four months names are passed at
fom 10 Il peg cent.
At Chicago on Monday tho supply Of Eastern
was still far sho.i of the requirements,
and the shipping Of cru,ncy 10 Ncw-York Lad be-
come a matter Of daily occurrence. Rates are very
firm at para 5Cc. per 1900 iren.ium buying, AID
at Lilo Of per cent premium selling.
The !isst National Bank Of this city made today
is fftA sn.anIual diy..cEd Of ten per cent, pay
able Oh Tuesday, Nov. :.
This institution las been 50 proJmlnentiy snc-
ccssiul that lricf history Of is Organization and
progress becomes quite interesting.
Il is the first and Oldest National Bank in this
city. L. articles Of association are dated July 3
1853. On the same day the first BoaEl Of Direct
ors were elected, and 100000, the lrs' insialmoa'
OF the capital, paid in and The I'd Of August, ~
another iustAllmont OF $io,oOO-making 100000
pail-up capitalize Bank commenced business.
On the 23d Of September 500 600 more capital was
paid in aud OF the "a Of Dee, nhcr $lQ0, go more,
ana on the 18Th Of April, 1861, S.OoOoo additional
capital were subscribed and paid up making the
capital s5OO 600.
During the twoycars, 1861 and iscj, The bank IS
paid FIVE dividends ofio percent each erd has soc,
600 surp.-s anG about 80 900 10 tie credit Of profit
and loss after paying tie recent dividend and every
expense. There is not dollar Of bad or doubtful
asset in the bank. Til. unprecedented success is,
70 la.ce degree, attributable 10 the fac, that no
loans are made except on United States securities
NJ collateral. On the I'D of November, 1864, the
Board Of Directors unanimously adopted the follow
ing preamble and resolutions:
Bzer,e,. Owing to ,le hire pmount Of Government
securities IL TIE hands OF tie people, many ofwAom
Will LlsL.e TEMPORARY loans On such sec9ut!cs, which
will N the aggregate employ tie money 81 he bank at
airinterost thus keeping its means active on United
States stocks ns collateral with mafgiui therefore
Rssoirsd, That this lam coiGao lt- discounts 20 col
Literal loans Oh Unittd States SeeuIIcs On c~or ut
sLoI. dates.
''Rs,olred. That til, bank issue to deposor' when
30 desired deposit receipts instead of the ordinary
bank p,ss book such deposit receipts u be payable on
demand aud 20 bear Interest not exceeding four per
cent Der annun hut interest thn bc allowed on de-
post receipts paid within fifteen days !Iom to dais Of
iisle."
This bank was appointed Fiscal Agent of tho
Treasury and Government DclositoIyin November,
1863 and since then has received and dist uTscd over
500 600. 900 Of Government money. II has always
proclaimed National currency par mOHey and saved
il from being disorcdiied
On the 9Th of last month this bank became o
member of the Clearing. IIouse Association.
Tho banking house If the First National Bank,
No. 40 Broadway il tho most magnificent in the
country and the bank in its keeps actively
employed about - officers and clerks its receipts
and disbursements being about 8, 100000 per day.
Tho chief officers are Samuel c. Thompson, Pres
idcnt; George +. Baker, Cashier; Ebcn Scoield,
Assistant Cashier, and y. d. Hare, CHEZ CLERK of
Government Department.
4 telegram from San Francisco, dated Oct. %,
quotes stocks there as follows: Gould & Curry, lid
per foot, g. 1856 Savage, bid per foot s77j Po;o,i
bid per foot, 1870; Ophir bid per foot, $50; Hale
Norcross, bid per foot, $jl5; Crown Point bid per
foo; s77j; Yellow Jacket dperfoot, $50 Bechcr,
bid per foot $685. Alpha bid Der foot, A. ,O'5; I'M
peral per share, bid per foot, $9j; Chollar, bid
per foot $780, California Steam cation Co. bid
per cent, 81 California Steam Telegraph Co., bid
per cent, 81.
At New-Orlcans on the 23d Of October tho price
Of cotton was quoted
Ordinary, 43a47c.; Good Ordinary. i9d5Oc.. Low
Midiiinc. 5lGJ3c.; Mhidling. HU5Go.; Strict Mid
ding SIC. Al these rates iaciors ore very stringent,
and indeed, in cases, have still higher preeG-
sions The money markc.. however. controis that
Of cotton in unison with rcights. hewYork sight et-
cAnnge down to .! discount. ard to A. thirty days.
quoting lowest figures lreghts hy steam are
Z, cents per pound 10 NewyoIk aud Boston for cotton
and lIc. by sail. Liverpool lliG4 id.i HGyre. llc.
fbe receipts Of cotton to-day have thu. far been
heavy ANA viii more than make good the shipments.
The day has been fair but the market has been much
depressed because Of the want OF money. Nothing viii
be done I'll the market is again supplied. Gold, l5l0
l53. Eew-NOrk Exchange, 3.G3i Discount bank
nOtcs, 3d2s02k Tie mails are taken out this evening
by the JFning Star. There has been Partial reduc.
ton OF about cent hJa quantities Of cotton to-
day but most factors unwilling u sell at that
cessiOn Steamship freigbs cotton TO NewNork to-
day DE The agent OF the direct line Of New Orleans,
arrived here Yesterday. TLcIo SIX Of them named
after Southern States md the Alabama II expected
every day 20 arrive The Liverpool clsiIGnoes last
week were 1904 bales OF cotton.
The Savannah Republican Of Oct 20 says Of tho
cotton trade at that port that;
The rcceips of Cotton since the 2ls inst, have been
as follows VIZ 7Gl7 bales Of UpaDd lJj bales Of Sea
Island, and I2j bales Of Doncstcs The exports
dufing the same period have been 2J bales u Up.
land Is bales Sea Island, and i7 bales oi Domestics
leaving stock on hand and On shpbOard not cleared
Of 6Vil bales Of Upland ~ do Sea Itlpnd Snd 40