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Table showing the alterations in bank discounts during 1859 and 1860, with the amount of bank notes issued, and of the bullion held, at the respective periods:

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SINCE 1858.

A TABLE SHOWING THE INCREASE AND DECREASE IN THE DIFFERENT ITEMS OF TAXATION

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VALUATION OF THE STATE OF TEXAS.

The Controller of the State of Texas gives the following taxable valuation of

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The increase in the total value of property within the last two years has been over $45,500,000, of which $14,500,000 has been in the value of land; $2,000,000 in town lots; $18,100,000 in negroes; $3,800,000 in horses; $4,400,000 in cattle; $1,100,000 in money at interest; and $1,600,000 in miscellaneous property, or an increase of nearly 25.5 per cent, as appears from the following ta ble showing the aggregate value for each of the last eight years, and the increase in amount and per cent of one year over the other :

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In order to ascertain the actual increase in the total value of property for the past two years, it will be necessary to deduct the amount of "merchandise on

hand" rendered for taxation in the year 1857, and which has been exempt since that time. The amount of "merchandise on hand" rendered in 1857 was $4,814,900; hence, the actual increase of 1858 over 1857 is $14,857,513 instead of $10,042,613, as appears from a comparison of the aggregate value of taxable property for those years as exhibited in the above table.

The actual increase of 1859 over 1858 is 18.5 per cent, which embraces the supplementary assessments of 1858, and the outstanding rolls for this year from the counties of El Paso, Hamilton, Montague, Nueces, Webb, and Zapata, which are not included in the above recapitulation.

BANKS OF THE STATE OF VIRGINIA.

The last Legislature of Virginia authorized seventeen new banks and forty branches. Of the new banks, seven are under general law; five are independent; and the remainder are State banks. The following is a condensed statement of the banks of Virginia in January, 1859 and 1860, from the official reports:

St. stocks. 1860. 1859. $77,215 $74,865 $130,054 $133,199 $117,409

178,995 156,675 149,954

Banks.

Capital.
1859.

-Circulation.-

-Loans.

1859. 1860. 1859.

Winchester

$113,000

Rockingham

211,200

128,818 261,580

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During an interview with the Japanese, the subject of the revenue of Japan was introduced. In answer to a question from Commander DAHLGREN, the ambassadors stated, after some consultation, that it amounted to about $500,000,000, principally derived from tax upon agricultural produce, rice being the staple crop. Of this 30 per cent is the revenue of the general government, and 70 per cent that of the rulers of the several States, each of which has its distinct though tributary and subordinate government. It seems almost impossible that this estimate can have been correctly made, according to our currency. The total is probably exaggerated. It would require a tax of more than $10 a head, or about $50 a family.

THE STATE BANK OF IOWA, MAY 7, 1860.

The State Bank of Iowa was authorized in 1838, and went into operation in 1839. Its condition is now as follows:

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The debt of the State of North Carolina is reported officially as follows:

:

Bonds to pay debt of the State, under act of January 28, 1851
Bon is to Fayetteville and Western Plankroad

$170,000

152,000

Bonds to Tar River and Gaston and Weldon Railroad.

120,000

Bonds to North Carolina Railroad....

3,009,000

Bonds to Fayetteville and Central Railroad.

50,000

Bonds to Fayetteville and Warsaw Plankroad.....

10,000

Bonds for account Tar River, under act 14th February, 1858..

15,000

Bonds issued on account Insane Asylum.....

125,000

Bonds to Atlantic and North Carolina Railroad..

1,466,500

Bonds to Western North Carolina Railroad...

180,000

Bonds to Cape Fear and Deep River.....

300,000

Bonds to Albermarle and Chesapeake Canal.

850,000

Bonds to Fayetteville and Coal Field Railroad.

300,000

Bonds to Wilmington, Charlotte, and Rutherford Railroad
Bonds issued under act for certain purposes, session 1858-59.
Due Literary Fund on note....

400,000

1,213,800

81,005

Total.....

$8,833,305

VOL. XLIII.-NO. II.

15

The interest on the above debt is payable on the first days of January and July, on this amount, $5,721,705; and first days of April and October on this amount, $3,111,600. The interest on the above debt is $529,998 30. The State has indorsed bonds of Wilmington and Weldon Railroad Company for $200.000. The prospective debt of the State on account of Wilmington, Charlotte, and Rutherford Railroad and Western Extension of North Carolina Railroad, may be stated at $500,000, making the actual and prospective debt about $13,833,305. Of course, as this prospective increase of our indebtedness depends upon contingencies which may not arise, it cannot be accurately told. Should the floating debt of the State, at this time of small amount, be funded, and the State be called upon to pay the principal of her indorsements for the Cape Fear and Deep River Navigation Company, as it is feared she will, the foregoing amount of the funded debt will be slightly increased.

BANKS OF THE STATE OF NEW YORK.

The banks of New York State, for a number years, shows as follows:

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The statements of the Missouri Banks for the 1st of July show the following

aggregates, as compared with the January statement:—

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