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Distant balances.

NEW ORLEANS BANKS.-
.—(CAPITAL, JAN., 1860, $18,917,600.)

Short loans.

Jan. 7..

25,022,456

14

21

22

28

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Feb. 4.. 11

25..

24,928,909

Specie. Circulation. Deposits. Exchange. 12,234,448 12,038,494 18,563,804 7,323,580 1,557,174 12,386,735 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 1,877,796 24,916,431 12,818,159 12,882,184 19,677,121 8,144,681 1,603,763 25,145,274 12,750,642 13,215,494 19,565,305 8,003,380 1,613,036 25,197,351 12,741,881 13,343,924 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 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 12,729,856 13,797,154 19,304,618 8,498,790 1,718,310 23,832,766 12,610,790 13,835,755 19,102,068 8,842,599 1,788,246 23,674,714 12,437,195 13,975,624 18,681,020 8,149,061 1,610,499 28,107,740 12,368,071 14,100,890 18,070,209 8,560,117 1,942,056 14.. 22,422,203 12,290,539 13,638,089 17,849,018 8,179,441 1,608,463 21.. 22,380,033 12,100,687 12,999,204 18,380,033 7,649,069 1,649,060 28 21,437,974 11,910,361 12,783,749 17,699,538 7,686,634 1,877,017 May 5.. 21,487,974 11,910,361 12,783,749 17,699,538 7,686,634 1,877,017 20,545,529 11,672,364 12,258,444 17,442,974 7,213,883 1,763,871

17

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24..

31

Apr. 7

12..

19,385,119

19

26

18,588,492

11,706,007 12,163,609 17,260,226 6,909,386 1,680,480 11,593,719 11,900,864 17,938,774 6,599,676 1,596,210

PITTSBURG BANKS.-(CAPITAL, $4,160,200.)

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FOURTH ANNUAL REPORT OF THE BOSTON CLEARING-HOUSE ASSOCIATION. The committee herewith submit the Fourth Annual Report of the Boston Clearing-house 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 bankз, 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 naturally tend to destroy confidence and produce panic.

The highest amount of specie held by the associated banks, as reported to the clearing-house, 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 healthy 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.

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Balances. The exchanges for the year ending March 31, 1860, were 1,454,313,000 127,197,000 66 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.

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.

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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....

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.....

Aggregate amount of receipts.....

Disbursements from Jan. 1st, 1858, to Dec. 1st, 1859..

Balance......

Total amount of floating State indebtedness.....
The unexpended balance of the several appropriations amount to...
The total amount of taxable property of the State for the year 1858,
as far as returned to this department, is.....

The State tax on the same, at the rate of five mills on the dollar, is

$470,499 43

466,435 87

$4,063 56

$96,392 05

81,055 89

$15,339 16

562,827 92

547,488 76

$15,339 16

$35,270 65

58,689 40

41,846,778 09 209,233 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 $40,000,000, 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 $40,000,000 ; 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.

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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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:

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Cash on hand, not deposited in banks...

Amount loaned or deposited, not included in above heads.

Miscellaneous resources...

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1,101,791

4,845,890

919,961

120,945

33,212

88

$60,753,396

$58,178,160

23,097 2,552,085 54

$60,753,396

Average to each depositor....

Total amount deposited during calendar year, 1859...
Total amount withdrawn during calendar year, 1859..

Number of institutions, 64; number of open accounts, 273,697.

$202 91 30,808,383

23,308,109

Total amount received for interest during calendar year, 1859...... Total amount of interest placed to credit of depositors, during calendar year, 1859....

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, since 1851 :

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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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