Evansville daily journal. (Evansville, Ind.) 1863-1866, 1866-04-05


The dema FOR discounts has en- quite brisk |
for the past few days. and largs amounts Of gilt |
edge blk have been upon the market and readily
cashed ~ our banks. Tbs bills are chiefly for |
cotton and tobacco operations, and based upon |
shipments 70 New York and New Orleans Tia
rate remains unchanged - to 10 psr cent. I
E1ehasgs or New York Is arm with q supply
hardly equal to the demand. The RATS are par
eovsrumsnt bOads are vary armand sdvaho-
ing. The quotations are:
Buying. Selling.
So $50 SsS.,.,i. lSs iSs
10 40's...-..-.--...-....-......9 81 90
f1-3Os, August..............lOO 1OOz
80 80 j SaIns...,,.-..-.l...' iOO 50 iSE
Gola ID notso arm, and the rate 10 again down
ward. We quote
Gold, buying Selling
silver, buyia g-..I16 selling. ,.......l17
The quarterly reports or the fhrss National
Banks Of the city have been published. They Ak
hibit, collectively, fairly active business, with
respsctabls profits. As comparisons are said TO
be " odious." We shall make none, and content
ourselves with giving the aggregates Of few
items:
Z Is circulation Iss -. I14s zoo
. = Fssns "A" 49,. I54l, "a
us. bond. ana compound in - 8
terest notes hsld By tbs m 1885, 37
Deposits-individuels SS5 w
Z" United States. III 90
Cash, exclusive of compound int. notes., $40 754
Pro1t and l0sa--3 months In Ev. daffen- s@es . Z
al and Merchants' National, and i've ca e1f
months in First Eational...-............. 1888
Those interested or anxious can see how these
amounts are distributed in the several Banks By
referring 70 their statements In the JouzxAE.
The dsp5sits chow Better than usual. yet there Il
net q town probably anywhere, OF the business
and population Of Evansville, that viii not show
two or three times as large bank deposits This
snalnsss OF deposits in Evansville does not arise
from q lack of means, but from the fact that oar
people keep their money invested clossIy. either
In bust mess or Cover nmsnt securities They seem
% understand that idle money brings 40 dividend.
Within few days the decision Of the Supreme
Court Of the United States declaring shares in the
National Banks subject to State taxation, has
been published. 1t Il hsla b. some that Ia this
State, National Bank shares will escape under the
cover Of the laws regulating The tax stock In
| the Bank of the State of Indiana, which do not
assess the shares In the hands Of the rsspsctive
swnsrs for State purposes. But assess The capital
collectively upon the corporation; and which also
exempt the stock altogether from municipal tax
ation. Therefore, as the National Bank act pho
yides for State taxation upon shares of Nation al
Banks held BY stockholders At rassa not greater
than assessed On the mopeyed capital In the State,
nor to exceed the rats the shares es stock in
the State Banks; and as the Bank of the State ia
not taxed upon her shares, 1t is claimed that the
shares of the National Banks cannot Ia this State
be taxed The argument is,;that where the capital
Of State Banks only Il taxed the shares Of Ma,
tional Banks cannot be taxed; that the Law tax
ing State ard National Banks must be uniform.
/ 1t Is not to BE- supposed, however, tha. any who
formerly denounced these exemptions and privi-
lsges Of the Bank of the State Infamous and de-
elsrsd tkat respectable institution ought not to
avail Of them, and who may now happen to be
connected with National Banks, will think Of try.
ing to evads che tax BY skulking behind that
almost defunet institution. OF course nosi