New-York tribune., 1885-01-07

July 1854 deficiency of assets in Real Estate Trust
T,a arocate resources OF corporations Of this class
hovo Increased 71OOO25 25 during the last seven
veor while the increase deposits has been Soeooo'
336 2s. .
On October l. 1884 there were seventeen saie oepos
companies with capital of S3Ol39Oo superihtehaeD'
Paine says: These existing laws under whien nv .st
corner atops are organized and operated are ueecno
IN ppororai imnorant respects the recent Increase
number Of corporations organized h oni hrY are 70
operated would recommend that their future , @
Gn be IN ssrsns ey S c ss OF the
banking Laws, relating TO the organization VI '"'
banks" . -, -, lam and accumulat-
ing fund ocations. Superintendent pahe s s., t s
@ d a Affects bnt small radius strict compliance
with the requirements Of the law Oh ,,y ~ The
am"nc,a condition of each In much simpler and more
satisfactory manner than under the ptons presentt 81
therefore recommend the laws placing assoclaons W
this class under the nominal supervision OF the Supe
The securities held by the superintendent In trust TOT
hanks Individual bankers. and trust compahes on m ~
ber l. 1854 Bonds and WorgaEss,s stocks
- 200 Cash SIi5si % total sl.432.69l 2s-an III
crease Of S75,9l3 50 during the year.
DECEPTIVE AND FALSE TITLES.
"I have reason TO believe" the Superintendent says
"that there are no less than one hundred private
harkcrs the conducting business uhder
deceptive and false titles" lie gives list OF MY pre-
tended banks. single one OF when possr az thc,r
| uiste attributes OF u banking assocailoh as th.I'
oU ossnn.d tiiIes would seem 70 Indicate" He recon
meuds the passage law to prohibit ,o I
orSanized associations II those now In operation can
not be SO reached, the future appropriation o Co
names az he prevented or IL Is Int
II the practice is to be continnea "en ris =. private
Rank" TO the fictitious corporate tltle WncIc',i i
NAV be used displayed to the enc lhat tn" a.
dealings with be informed oi thc cnaacoi Vi ~
concern which they ntrst thelr moneys A .,,orr
..The custom OF certifying checks. says inc huPsIh
tendent Originated IL N believed WIN 'he pI'hs y,
ts stale and was tmc-hOnOred long before the present
az r,Iit duly securcd proper as the loan OF ohI
captal and experience does not indicate lnH' u nu.n
loans of credit been source or disaster 10 c'"ci
| the hanks OF the state or National Dahks =,
A. of fact no have been sustained ny lhe
f,ure of any state bank in that city lNcw-h oThj
the year last past, with the possible e1cePtun va - W
Wall street Bank which VIII undoubltdy P"S ~ H.,
ttors I'm full having already PAID ninety per ctt Iho
hank recently came from the NailOna INTO lhr otht
tenn It, failure howe yer, was not due 10 Us h!sBS
certifcation of checks. but was due 10 downight te
on the part Of of lis officers as ne ehanihAo "0
| by this Department plainly shO"r'
CONDITION OF THE STATE TREASURY.
ALBANY, Jan. 6.-The annual report OF the
State Treasurcr gives the folo.ng figures concerning
| the condition OF the Treasury on January l.
Rslance IN Treasury oct. !, 1884 s5lO'o-' 81
| Boceinis during ctobcr ...........& ~. 10 10
eceips during November ir36-6 ~ ,,og, n
Keceips during December ltO E% ~ 4IoV7' ~
| $3553.sl5 81
| Payments during October. 6ls.77677
| PAYMENTS during NOvember % -, vs.
Payments during December o'i'%4z ~ =, 90, 7,q M
Balance In Treasury Jan ]. 1885 900 %
The condition OF the Treasury on October 1884, was
| as follows:
sFo,IB pa, ,sfsfnr