Jan. 3.. 10.. 19.. 27.. Mar. 12.. NEW ORLEANS BANKS. Short loans. Specie. 20,537,567 16,013,189 20,453,417 Distant balances. Circulation. Deposits. Exchange. 9,551,324 22,643,428 9,882,602 2,351,233 16,294,474 10,383,734 21,756,592 9,866,131 2.540,578 17.. 20,904,840 16,343,810 10,819,419 22,194,957 9,666,070 2,380,707 24.. 21,442,167 16,279,655 11,224,464 22,549,305 9,492,871 2,057,217 31.. 21,837,791 16,101,158 11,616,119 22,554,889 9,508,703 1,861,866 Feb. 5.. 21,809,628 16,365,053 11,913,009 22,743,175 9,747,755 2,000.056 12.. 22,594,245 16,700,188 12,148,174 23,830,045 9,686,145 1,879,644 22,677,390 16,949,263 12,241,954 23,620,711 9,474,473 2,174,619 23,126,625 16,806,998 12,522,244 23,203,848 9,217,655 2,320,051 22,944,605 16,828,140 12,581,934 23,501,784 9,046,372 1,959,65% 22,633,181 17,013,593 12,777,999 22,364,430 8,563,771 2,482,776 22,420,444 16,837,405 12,681,931 22,589,661 8,770,788 2.420,725 22,465,730 16,179,137 13,054,416 22,465,730 9,059,382 2,545,873 9.. 21.655,921 16,250,790 12,985,616 22,066,164 9,493,761 2,582,04 16.. 21,132,186 15,975,547 12,777,079 22,356,833 9,949,531 2,243,528 23.. 20,287,903 15,705,599 12,666,116 21,792,705 10,055,454 2,449,421 80.. 19,926,487 15,650,736 12,578,111 21,315,664 9,537,886 2,100,219 19.. 26.. Apr. 2.. UNITED STATES RECEIPTS AND EXPENDITURES. The following are the receipts and expenditures of the United States for the quarters ending December 31, 1858, and March 31, 1859 :— Treasury notes received in March, amounting to $722,629 72, are not included in the customs. DECLINE IN THE VALUE OF GOLD. In M. Chevalier's recent pamphlet, he predicts a decline of one-fourth or onethird in the value of gold, but it would seem that the increase is spread over such a large surface that this result need not follow. The accumulations of gold have been very great since 1849, without as yet disturbing seriously the relative values between gold and silver. These additions to the stock of gold have been estimated as follows: During the seven years ending with 1857, the export of silver to the East from Great Britain and the Mediterranean, was over two hundred and fifty mil lions of dollars. We add the annual details, with the London market price of silver per ounce :— The deposits of gold and silver at the Assay-office, and the manufacture of fine gold bars, have been as follows since 1854 :- In the absence of an Assay-office at this port, for the past four years, all this accumulated gold must necessarily have been sent to Philadelphia for coinage the mint, involving a loss to the owners of $85,476 for express charges alone, besides delays, and besides the additional expense for conversion into coin. Upon inquiry we find that the express charges to Philadelphia are fifty cents per thousand dollars Equivalent on the whole sum of $85,476,783, to....... $42,738 42,788 Total..... The charge for coinage would have been per cent, or 885,476 427,888 Total.... Deduct cost of manufacturing fine bars, six cents per $100.... $512,859 51,286 Amount saved... $461,578 TAXABLE PROPERTY OF BUFFALO. Assessors' valuation of taxable PROPERTY IN THE CITY Of buffalo for 1854-58. NOTE CIRCULATION OF GREAT BRITAIN. There is now less circulation than in 1854, 1855, 1856, 1857, compared with population and commerce, which may be in part accounted for in the fact that no new banks of issue have been created, and many have wound up. The circulation in the years 1854, 1856, and 1857, was as follows: The absence of small bills in London and the interior, (the Bank of England issuing none under £5,) gives a steadiness to the bank note currency which is well worth consideration. The larger bills enter into the operations of commerce, but the petty transactions of the day, anything under £5 (or £25) are adjusted by the medium of gold and silver. Thus the lower classes of people, market people, tradesmen, etc., etc., are not annoyed with small bills, which here uniformly are the beginning of a crisis. OHIO DEBT AND SINKING FUND. From a law of Ohio, passed April 2, 1859, we extract the operation of the sinking fund for the payment of the State debt:- SEC. 2. The following schedule of the sinking fund as established and fixed by the Constitution of the State of Ohio, and applicable yearly, commencing in the year eighteen hundred and fifty-two, to the payment of the debt of the State, and referred to, and made a part of the act, as explanatory thereof, by the preceding section hereof, to wit: $14,736,627 20 To pay balance of funded, foreign, and domestic debt of State.... Balance... 839,385 00 $13,897,242 20 Shall be, and hereby is made a guide and a direction obligatory upon the commissioners of the sinking fund, for the time being, in the discharge of their official duties. SEC. 8. The following schedule or statement of the funded debt of the State, exhibiting the amounts and the times when the various portions thereof come payable by the State, to wit: Of the foreign debt, the principal and interest of which is payable in the city of New York 1st. Six millions, four hundred thirteen thousand, three hundred Amount of the foreign debt.... 6th. Two hundred seventy-five thousand, three hundred and eightyfive dollars, being the amount of the domestic debt, the principal and interest of which is payable at the seat of government..... Total amount of the foreign and domestic funded debt of the State on the 1st day of January, 1859, thirteen millions, eight hundred ninety-seven thousand, two hundred forty-two dollars and twenty cents.... $6,413,325 27 1,025,000 00 2,183,531 93 1,600,000 00 2,400,000 00 $13,681,857 20 275,385 00 $13,897,242 20 Is hereby made a guide and a direction obligatory upon the commissioners of the sinking fund, for the time being, in the discharge of their official duties, and is also hereby made a part of this act, as explanatory thereof. SAVINGS DEPOSITS. The amount on deposit in our savings banks of New York city is nearly thirty-seven millions of dollars, an increase of about four-and-a-half millions in two years. We annex a summary of the amount on deposit in ten banks, number of depositors, and unclaimed deposits of ten years : The whole statement is a favorable one, indicative of economy and industry on the part of the masses. It would appear that one out of every five persons in the city is a depositor, and thus the accumulated savings of the whole are equivalent to about forty-five dollars for each person in the city. 1,118,000 4,508 862,000 8,420 719,000 8,204 1,300,000 5,000 $36,709,000 160,040 $138,089 |