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14. 21.

17. 24..

Loans.

Specie. Circulation. Deposits. Due banks. 27.... 25,553,918 4,706,108 2,653,19? 14,690,092 3,115,010 Mar. 6.... 25,742,447 4,816,052 2,697,108 15,192,971 3,133,312

12.... 25,742,447 4,816,052 2,697,108 15,192,971 3,133,312 19.... 25,832,077 4,873,419 2.783,345 15,205,432 3,209,553 26.

26,043,772 4,992,542 2,784,773 16,693,622 3,198,530 April 2.... 26,405,229 5,060,274 2,858,812 16,553,269 3,65 2,757 9....

27,214,254 5,209,576 3,528,762 15,528,762 4,085.695 16.... 27,444,580 5,415,711 3,252,186 16,012,140 4,164,678 23....

27,545,351 5,464,280 3,154,285 16,613,616 3,985,110 30....

27,571,002 5,453,470 3,037,846 16,529,891 3,902,514 May 7.... 27,590,212 5,477,019 2,968,444 16,763,609 3,731,987

14.... 27,463,831 5,537,360 2,944,246 16,489,872 4,209,845 21.... 27,401,926 5,367,416 2,870,617 16,422,835 4,085,882 28

27,288,932 4,886,579 2,818,719 15,884,903 3,974,369 Jupe 4.... 27,171,002 4,582,610 2,824,471 15,620,293 3,744,431 NEW ORLEANS BAKKS. -(CAPITAL, JAN., 1860, $18,917,600.)

Distant Short loans. Specie. Circulation. Deposits. Exchange. balances. Jan. 7.. 25,022,456 12,234,448 12,038,494 18,563,804 7,323,530 1,557,174

24,928,909 12,336,735 12,417,847 18,678,233 7,410,360 1,387,704

24,699,024 12,821,411 12,809,512 18,664,355 7,423,629 1,377,796 28. 24,916,431 12,818,159 12,882,184 19,677,121 8,144,681 1,603,763 Feb. 4..

25,145,274 12,750,642 13,215,494 19,565,305 8,003,380 1,613,036 11.. 25,197,351 12,741,881 13,843,924 19,244,847 7,349,365 1,396,150 18.. 25,005,952 12,894,521 13,458,989 19,903,519 7,886,609 1,470,787

25 .. 24,397,286 12,945,204 13,600,419 19,218,590 8,083,929 1,635,526 Mar. 3..

24,946,210 12,952,002 13,860,399 20,116,272 8,027,049 1,092,475 10.. 24,088,800 13,039,092 13,726,554 19,711,423 8,582,012 1,601,149

24,054,845 12,729,356 13,797,154 19,304,618 8,498,790 1,718,310

23,832,766 12,610,790 13,835,755 19,102,068 8,342,599 1,738,246 31.. 23,674,714 12,437,195 13,975,624 18,681,020 8,149,061 1,610,499 Apr. 7.. 23,107,740 12,368,071 14,100.890 18,070,209 8,560,117 1,942,056

22,422,203 12,290,539 13,638,089 17,849,018 8,179,441 1,608,463

22,380,033 12,100,687 12,999,204 18,380,033 7,649,069 1,649,069 28 21,437,974 11,910,361 12,783,749 17,699,538 7,686,034 1,877,017 May 5.. 21,437,974 11,910,361 12,783,749 17,699,538 7,686,634 1,877,017

12.. 20,045,529 11,672,364 12,258,444 17,442,974 7,213,833 1,763,871 19.. 19,385,119 11,706,007 12,163,609 17,260,226 6,909,386 1,680,480 26.. 18,588,492 11,693,719 11,900,864 17,938,774 6,599,676 1,596,210

PITTSBURG BANKS.—(CAPITAL, $4,160,200.)
Loans.

Specie. Circulation. Deposits. Due banks. Jan. 16..... 7,202,367 980,530 2,080,548 1,527,548 304,562

7,060,471 1,022,273 2,012,478 1,545,103 255,076 30

6,989,320 1,003,037 1,896,363 1,555,686 265,804 Feb. 6....

6,984,209 997,589 1,907,323 1,609,692 230,426 13.... 6,939,052 951,638 1,883,093 1,602,311

191,222 20.

6,957,621 988,306 1,868,598 1,643,703 175,051 27.

7,022,230 991,377 1,821,283 1,760,957 224,4 34 Mar. 5...

7,101,459 1,018,255 1,871,873 1,768,879 273,343 7,035,624 999,093 1,901,543 1,651,216 197,007 7,066,774 1,004,750 1,945,328 1,636,887 198,556

7,038,891 981,560 1,980,732 1,572,130 192,411 Apr. 2.... 7,166,377 1,005,415 2,085,583 1,601,167 191,101 9...

7,206,737 990,962 2,072,373 1,693,230 171,100 16...

7,159,568 1,018,445 2,971,878 1,651,362 187,255 23

7,278,279 1,156,278 2,024,138 1,897,498 240,143 80

7,234,761 1,141,373 1,995,053 1,913,537 175,671

7,234,761 1,141,373 1,995,053 1,913,537 175,671 14.

7,263,197 1,088,851 2,011,258 1,890,810 215,765 19.

7,196,493 1,133,719 2,022,988 1,906,773 213,944 27.

7,190,192 1,122,057 1,952,683 1,918,321 206,316 June 4.

7,282,963 1,089,761 1,907,248 1,919,903 277,978

14 .. 21

23...

12...

19... 26.

May 6.

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ST. LOUIS BANKS.

Exchange. Circulation.
4,373,543 538,555
4,467,513 520,305
4,352,699 502,175
4,290,563 495,380
4,149,236 457,095
4,048,593 424,605
3,906,896

391,605
3,951,433

399,085 3,891,263 895,905 3,998,827 377,935 3,963,924 377,355 3,880,915 356,245 3,790,291

340,095 3,862,454 844,630 3,868,345 325,950 3,852,614 314,360 3,694,877 306,750 3,609,648 301,300 3,683,644

294,115 3,695,707 285,140 3,767,986 273,540

3,879,617 255,210 PROVIDENCE BANKS.—(CAPITAL, $14,903,000.)

Loans. Specie. Circulation, Deposits. 19,144,354 315,917 2,911,336 2,635,486 19,144,846 326,297 1,958,540 2,566,168 19,009, 255 342,965 1,917,593 2,598,169 18,686,210 343,992 1,952,022 2,640,170 18,893,658 448,413 2,045,590 2,773,248 18,891,907 422,726 1,938,254 2,844,012

Specie. 662,755 642,497 580,754 563,335 590,502 625,043 639,450 630,877 689,301 651,302 641,252 664,179 685,984 667,321 676,858 601,014 678,234 746,176 808,918 826,793 671.669 627,942

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Due banks.

938,508 921,779

970,971 1,040,260 1,356,071

FOURTH ANNUAL REPORT OF THE BOSTON CLEARING-HOUSE ASSOCIATION.

The committee herewith submit the Fourth Annual Report of the Boston Clearing-bouse Association, ending March 31, 1860.

Our financial affairs for the past year have not been signalized by any marked or striking event of sufficient importance to be commented upon. For the most part of the time, money has been in good supply, and the resources of the banks have been fully adequate to meet the demands of the business public, who, we have every reason to believe, have experienced little if any difficulty in obtaining discounts on all good mercantile paper. The loans have been large, averaging, for the year, more than $58,000,000 ; and, so far as we have the means of judging, we should say that the banks have not suffered any material loss in this branch of their business. If, however, short paper alone was discounted, we feel assured that it would add much to the security of our banks, and be most beneficial in shortening mercantile credits, increasing stability in business affairs, and checking the expansions and sharp contractions which so often occur, and which natu. rally tend to destroy confidence and produce panic.

The highest amount of specie beld by the associated banks, as reported to the clearing-louse, for the year past, was on the 28th day of May last—being at that time $7,103,300, or 25 88-400 per cent on their legal liabilities. The lowest point reached during the year, was on the 25th day of January last-being $4,060,700, or 17 per cent on their legal liabilities, showing a loss, between these dates, of $3,042,600.

In this connection, your committee would take the liberty to suggest, that the percentage of coin required by law to be held by the banks is a healtby and judicious one, and a strict adherence to the spirit of the statute on this subject, by all the banks, would tend to maintain a greater uniformity in the monetary affairs of this city.

Boston is the financial center and redeeming point of all the New England banks ; and, whenever the money market becomes unsettled, the circulation of these banks—which is usually large, and easily disturbed—at once begins to flow back to the city with great rapidity. Hence it is important that the Boston banks should keep in their vaults a specie reserve adequate to meet any sudden and temporary derangement in monetary affairs, without causing inconvenience to our business public.

Two new banks have been admitted to the clearing-house since the last annual meeting of the association—both organized under the general banking law of this State, namely, the Revere and the Bank of the Republic, with an aggregate capital of $1,650,000.

The increase of capital of the chartered banks since the 1st of April, A. D. 1859, has been $1,410,000. Of this amount, however, $610,000 has been added under the general banking laws, and $800,000 under special charters. The increase of capital to banks, during the same time, doing business under the general banking law, has been $100,000, making a total increase of capital to banks belonging to the clearing-house association, for the past year, of $3,460,000.

Clearings. The exchanges for the year ending March 31, 1860, were 1,454,313,000 127,197,000

1859, 1,262,700,000 111,823,000 The amount of certificates issued by the Merchants’ Bank to April 1, 1860, was $14,590,500; amount canceled, $11,750,500 ; outstanding with the banks, $2,840,000.

Balances.

66

66

6
3

REVENUE FROM CUSTOMS IN UPPER AND LOWER CANADA. The following table will show the amount derived from customs duties in Upper and Lower Canada :

RECEIPTS OF CUSTOM DUTIES SINCE THE UNION.
Lower Canada. Upper Canada.

Lower Canada.

Upper Canada. 1841.. £194,661 1 4 £31,173 6 6 1851.. 480,040 15 257,398 4 8 1842.. 245,885 17 9 33,544 9 7 | 1852., 446,813 6 392,460 66 1843.. 184,447 1 6

57,125 7

6 1863.. 690,903 2 5 437,778 13 2 1844.. 345,954 19 4 95,376 5 10 1854.. 676,336 9 2 548,415 15 6 1845.. 349,214 6 10

100,745 14 10 | 1865.. 398,088 7 0 483,357 6 5 1846.. 310,082 5 5 112,132 13 3 1856.. 574,735 12 5 562,484 18 0 1847.. 297,293 5 10 117,339 19 8 1857.. 563,081 1 11 418,181 14 0 1848.. 232,064 6 6 101,965 2 3 1858.. 521,600 12 6 323,746 150 1849.. 289,621 7 9 154,935 17 4 1850.. 394,424 7 11 221,270 5 9

7,094,7395 4 4,439,416 14 9 From the foregoing it will be seen that the difference of duties received last year in Upper and in Lower Canada, was £200,000 received more in Lower than in Upper Canada, and to equalize the duties it would be necessary that at least goods to the value of £2,000,000 currency should be obtained from Lower Canada importers by the Upper Canada consumer or trader to equalize the duties of customs.

MINNESOTA STATE FINANCES.

Receipts into the treasury from all sources, from Jan. 1st, 1858, to Feb.

1st, 1859, at which time settlement was made with State Treasurer Disbursements during the same period....

$470,499 43
466,435 87

$4,063 56

Balance in treasury, Feb. 1st, 1859.
Receipts into the treasury from all sources, (including previous balance)

from Feb. 1st, 1859, to Dec. 1st, 1859. Disbursements...

Balance in treasury, Dec. 1st, 1859...

$96,392 05

81,055 89

$15,339 16

Aggregate amount of receipts......
Disbursements from Jan. 1st, 1858, to Dec. 1st, 1859.

562,827 92
547,488 76

Balance.....

$15,339 16

Total amount of floating State jodebtedness......

$35,270 65 The unexpended balance of the several appropriations amount to... 68,689 40 The total amount of taxable property of the State for the year 1858, as far as returned to this department, is......

41,846,778 09 The State tax on the same, at the rate of five mills on the dollar, is 209,233 89

A large portion of the newly organized counties have failed to make returns, although demand for the same has been made from this department upon every organized county in the State.

Only a portion of the returns of the taxable property of the State for the year 1859, have been received. From those already received, I estimate the amount at $10,000,000, and the State tax at $200,000, which will become due in February next.

The total amount of delinquent taxes, due from the counties, December 1st, 1859, is $149,790 67.

The amount of taxable property for the year 1860 is estimated at $10,000,000 ; a tax upon this amount of 24 mills on the dollar amount to $10,000, which, with the large amount of delinquent taxes already due, it is hoped will be amply sufficient for the support of the State government without embarrassment.

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CINCINNATI PERSONAL PROPERTY. We give below the personal property in the several wards, embraced in the merchants’ and manufacturers' stock, and moneys, from which some opinion of the business interests of the city may be determined :

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Mercbants' Manufae'rs'

Merchants' Manufac'rs'
stock.
stock. Moneys. Wards. stock.

stock. Moneys.
$744,331 $440,192 $185,260 | 11th.. 45,051 53,969 95,364
2,089,638 771,560 221,848 | 12th.. 155,077 350,080 82,151
1,373,681 580,688 343,686 | 13th.. 591,881 586,945 147,483
3,795,460 948,195 405,085 | 14th..

280,203 159,880 99,883
443,780 145,331 207,613 | 15th.. 111,984 22,630 159,501
170,213 86,255 44,707 | 16th.. 96,472 118,278 50,087
110,261 67,098 90,095 17th.. 7,051 20,157 26,626
108.691 57,817 81,497

92,530 56,613 31,696 $10,432,422 $4,545,951 $2,354,379
216,118 80,263 81,837

8th..

9th.. 10th..

SAVINGS BANKS OF NEW YORK. The following report shows the gratifying fact that over $58,000,000 have been saved by the people of New York, being an average cash deposit of over $208. The following is the summary showing the aggregate of the resources and liabilities of the savings institutions of the State of New York, as exhibited by their reports to the Superintendent of the Banking Department of the State of New York, J. M. Cook, Esq., of their condition on the morning of the first day of January, 1860:

RESOURCES.

$22,844,594

29,597,774

Bonds and mortgages....
Estimated value of mortgaged premises....

$65,872,318
Stock investments, amount invested..
Par value of stocks......

29,703,128 Estimated value of same...

28,932,740
Stocks upon which money has been loaned, par value. 1,762,581
Amount loaned thereon...
Amount loaned upon personal securities
Amount invested in real estate...
Cash on deposit in banks
Cash on band, not deposited in banks..
Amount loaned or deposited, not included in above heads.
Miscellaneous resources...
Add for cents

1,233,904

65,237 1,101,791 4,845,890 919,961 120,945 33,212

88

$60,763,396

LIABILITIES.

Amount due depositors..
Miscellaneous liabilities
Excess of assets over liabilities..
Add for cepts

$58,178,160

23,097 2,55 2,085

54

$60,753,396

Number of institutions, 64 ; number of open accounts, 273,697.
Average to each depositor......
Total amount deposited during calendar year, 1859..
Total amount withdrawn during calendar year, 1859.
Total amount received for interest during calendar year, 1859.....
Total amount of interest placed to credit of depositors, during calendar

year, 1859...

$202 91 30,808,383 23,308,109 3,049,924

2,610,912

VALUATION OF TORONTO.

The following is the annual (assessed) value of real and personal property in the city of Toronto, sioce 1851 :— 1851 747,933, 1856

1,711,934 1852 793,512 1857

2,060,344 1853 909,964 | 1858

2,012,986 1854 1,163,831 1859

1,830,483 1855 1,387,470 | 1860

1,690,518 From the above it will be seen that a steady increase took place in the annual value of city property from 1851 to 1857, in which latter year it attained its highest point. In 1858, after the terrible panic of the fall of 1857, a reduction of $47,000 only took place, and this has been continued.

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