New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-03-21
States Treasury


Customs included in gold receipts. $4,000 w
Cancelled gold certificates sent TO .-.o,o %
Washington ..-.-..-...-.--...-..--. l"'o'oVo w
This business Of altering bank checks Is becoming
very matter, some parties must be VcmlZed
10 seems from the investigation that the Mistresses
woodruff Clan Co. took all necessary precautions IN
regard to the check presented in getting it certified
before they paid gold il and the second party had
only waited little patiently" until the boy re-
turned from the bank, they would have caused him TO
be nabbed" aud hurried off to the Tombs Can there
be any difficulty in describing the who presented
forged check that the police can arrest hinf Is
it not the things to be DONE so to I'LL up check
that it cannot be altered without defacng 1T Is there
no indelible or mdestructble ink
At the recent meeting Of the Directors of the Chesa
peake Ohio Railroad Co, in this city. the Secretary
reported the following changes in regard to the financial
condition OF the Company: l. The floating debt OF the
Company nearly 81 100000 has been paid of The in
orest the state in the Blue Ridge fixed at 100000
had been provided for by purchases OF virginia bonds
g. The final estimates of the engineers had been made by
which the amount required for the extension OF the road
to the River much less than first reported The
proposals construction lhereupOn opened and
contracts made with the lowest responsible bidders for
the greater portion OF the grading, masonry &c on the
unfinished portion OF the road. The Secretary also re-
ports that loan of the Company in the hands OF
Messrs Fisk & Hatch, is being taken in satisfactory
amounts, and that the treasury of the Company will
possible Dispatch there is known to be large amount
Of through as well local business already requiring Its
services.
The departure OF Collector Bailey has created much
excitement, and Government officials examining the
books OF office. Wo await the result Of that exam
nation as IL will be made public Mr. Bailey stood
high in the confidence of the Treasury Department in
Washington and scarcely believe that lie is de-
fauter 20 the Government that trusted him so thor
oughly and well OF the five men who preferred charges
of fraud against him months ago. we believe three
OF them in the Pententiary Let us await patiently
the result Of the examination before we pronounce udg
ment against who has been yigant an officer
and who has raised up so many strong and powerful
enemies.
The Fhiladelphia United States gazette, believes with
Tie Ne Bueiia that the decline in gold is the re-
suit Of n combination Of foreign bankers operating
through agents for fixed purpose and that Is large
increase in Importation OF foreign goods and as the
gold premium well known to act as SO much addi
onal protection 10 American manufactures 1t follows
az matter 81 course that the fall III gold although
bringing with 1t present losses TO importers having
goods hand, must be in tho general az
gregate very beneficial to the foreign trade" As
gold declines does the price OF goods. and we
do what interest foreign manufacturer can have
IN bearing" gold. he at the same time bears his
goods II he could bear" gold and " bull" his goods he
could gain in the operation In our opinion the best thing
that Congress do to benefit home industry Is to abo
-h the WarcnOuslnb system SO sOOu ds
discharged from the ship the duties must be paid Now
foreign manufacturers after supplying the demand at
home, and do send their surplus here without or
dersv place them in bonded warehouses; and take them
out at such they please to depress the price OF
our American goods Thanks to any legitimate influence
that brings down the premium on gold.
The Funding bill continues the theme OF discussion,
and If the Secretary OF the Treasury place bonds
Al, and per cent, reduce our taxes. and the
banks need have fear that due share Of will not be
taken from them. The chicago Tribune says that the
national State, county, and city taxes on the national
banks in that city is equal to cent on their capital
Can this be possible The national banks of Chicago
have s6OOOOO OF capital. Do they pay $4,000 OF taxes
High rates OF local taxation should not for moment
weigh against what the Secretary believes TO BIO great
public good. II save sS0O0,000 by funding
Of bonds at average rate Of Al per
cent the banks well as on other things,
be reduced
THE Merchants and Bankers Almanac for 1870" for
which indebted to the publishers for copy ia
now ready for distribution, containing the names OF all
the banks and bankers In the United States Canada
TO the close OF the year 1862 Price g. This volume Is
enriched by the addition Of engavlngs OF new banking
houses which VIII serve the purpose of models those
who propose 10 build. An illustrated edition of this AL
manac has been printed, containing III addition all the
matters i'm tho plain edition. portraits engraved seeD
OF eminent merchants and bankers. These engrayings
cost several thousand dollars being executed the best
"
the heads Of John Jacob Astor, Vim. b. Astor
Peter Cooper H. Corning, Robert Fulton Albert Gaatn
Henry Grinne, Philip Hone. Walter Il. Jones, James
Gore King, &. w. Lawrence, David Leayitt Robert L.
stevens. Thomas Teston, and &. Vanderbilt, OF New
York; william Appleton, Jonas Chckering, Peter c.
Brooks ~ Bowdtch, Abbott Lawrence, George Peabody
Robert q. Shaw, T. H. Perkins and T. DOwse OF Massa-
chusetts; stephen Girard, n. Biddle Thomas r. Cope
John GrigR Robert Morris Of Pennsylvania also the
heads or n. Longwortb, Jacob Barker, W. f. Harnden
Samuel Slater, DE Medc and Dadabhoy The illustrated
thirty engrayDgs OF the banks Of NewNork Price, five
dollars.
THE eight marine insurance companies OF this city as
we learn from synopsis OF the annual Report OF these
companies, just published in phlet form by Messrs
Geo. H. Cook Co.. insurance scrip brokers' hold OF L.
bonds, owned by the Companies F7sSlO0 and hold as
collateral for loans OF u s. bonds s7i s0 making total
ofS,62i,EV What better security for the insuredl
Fractional currency received from the printers for the
week ending to-day t46s 100. shipments Of fractional
for the week ending to-day To tho Assistant
Treasurer at Newlork toooO0G Boston, sibOOOO Phil
adophia. ftooo0 New Orleans 100000 United States
Depository at Baltimore sd50 Chicago sJOO National
Banks s5o total shipments tsJ9O9j Treasurer Spinner
holds IN trust for National Banks at this date the follow
ing nmounts As security for circulating notes. S42363
oS@ for deposits OF public moneys, 81 $780, total secu
ntles held. tS696l7,I50 National bank notes burned |
during the week. sac $685. total amount burned S2lg77
&c., Bank currency issued for bills destroyed, t7s6.o
total amount Issued therefor vi O6 100 Balance due
iot mutated notes, s2l64ji. Bank circulation outsand
Jug at TINS date, t's6i37Si Fractional currency ro
deemed ana destroyed during the week, So? 400
The Chicago Tribune says:
Wo regret that any rnmor should be relative