JOURNAL OF BANKING, CURRENCY, AND FINANCE. BANK RETURNS THE PAST MONTH. THE decrease in circulation by the banks throughout the country has continued through the past month, as will be seen below. The latest returns of New York country banks are those of March 28th. Had we later returns the same fact would be shown, only more decidedly: Thus, since the year came in, there has been a decrease of circulation at the points above mentioned of about $11,000,000. The deposits also seem to have increased the past four weeks, which was unexpected, in view of the large amounts being invested in government securities, while in New York city the specie has increased over $2,000,000. Below are our usual tables for New York, Boston, and Philadelphia, brought down to the last week in May. Date. January 8,.... 66 10,..... 66 17,..... 16 24,..... February 7..... 14,. 21,.... March 66 Loans. NEW YORK BANKS. NEW YORK BANKS. (Capital, Jan., 1863, $69,494,577; Jan., 1862, $69,493,577.) Specie. Circulation. Net Deposits. Clearings. $173,810,009 $35,954,550 $9,754,355 $159,163,246 $186,861,762 175,816,010 36,770,746 9,551,563 162,878,249 249,796,489 176,606,558 37,581,465 9,241,670 164,666,008 314,471,457 179,288,266 38,549,794 9,083,419 168,269,228 298,861,866 179,892,161 38,243,839 8,780,154 166,342,777 802,352,571 173,103.592 38,426,460 8,756,217 167,720,880 265,139,104 178,335,880 37,981,310 8,752,536 170,103,758 291,242,929 179,958,842 89,512,256 8,739,969 173,912,695 340,574,444 181,098,322 39,705,089 8,693,175 174,689,212 344,484,442 177,875,949 36,110,085 8,657,016 172,944,034 807,370,817 173,829,479 83,955,122 8,609,723 167,004,166 277,831,351 172,448,526 34,317,691 8,560,602 163,363,846 281,326,258 173,038,019 34,257,121 8,348,094 160,216,418 287,347,704 170,845,283 35,406,145 8,178,091 159,894,731 264,468,080 169,132,822 36,761,696 8,039,558 164,122,146 259,417,565 171,079,322 37,175,067 7,555,549 167,863,999 258,654,781 177,864,956 36,846,528 7,201,169 167,696,916 355,557,782 180,114,983 38,002,633 7,080,565 168,879,130 367,560,781 180,711,072 88,556,642 6,901,700 168,879,180 $58,346,664 181,319,851 38,544,865 6,780,678 167,655,658 380,304,748 7,..... 14,..... 21... 28,..... 4,.... 11,.... 18,..... 25,..... April 46 23,..... 2,..... 9,..... 16,..... BOSTON BANKS. BOSTON BANKS. (Capital, Jan., 1863, § Date. Loans. -; Jan., 1862, $38,231,700.) Specie. Circulation. Deposits. Jan. 5,.. $77,339,046 $7,672,028 $8,190,496 $33,372,648 Due Due to banks. from banks. 12,.. 77,427,000 7,751,000 8,373,000 33,063,800 17,006,000 13,520,000 * 19,.. 76,624,700 7,710,600 8,199,600 33,382,000 16,547,800 13,727,700 06 26... 76,354,000 7,710,700 8,008,500 33,847,000 16,811,700 13,958,000 Feb. 2,.. 76,496,800 7,685,000 8,865,000 34,076,800 16,889,000 14,490,000 46 66 16,.. 23,.. Mar. 2,.. 9,.. 78,421,000 7,707,000 8,074,000 35,178,600 16,932,000 14,188,000 78,431,000 7,794,000 8,001,000 34,908,000 17,070,700 14,095,500 78,782,600 7,624,000 8,002,000 34,965,500 17,331,000 14,583,800 79,127,500 7,553,000 8,001,980 35,245,500 17,523,500 15,004,000 66 9,.. 79,274,700 7,582,000 8,225,000 35,215,000 17,340,400 14,446,500 66 16,.. 79,636,134 7,609,238 7,780,062 32,955,149 17,230,800 13,434,500 "80,.. 77,935,000 7,572,600 7,593,800 31,604,500 17,074,400 11,601,800 April 6,.. 76,933,600 7,703,800 7,963,500 32,687,000 15,444,000 12,280,600 "13,.. 74,551,013 7,812,895 7,762,915 82,494,822 14,557,000 12,947,800 "20,.. 78,459,160 7,799,515 7,278,506 33,209,742 14,182,000 12,653,000 "27,.. 73,558,000 7,838,800 7,040,000 32,781,500 13,303,000 11,966,700 May 4,.. 73,218,155 7,854,731 7,433,496 31,949,762 13,237,700 11,622,600 11,.. 73,062,789 7,847,849 7,688,233 31,309,985 13,147,000 11,800,000 "18,.. 73,068,598 7,794,046 7,167,327 32,192,770 12,863,500 11,732,000 "25,.. 72,874,000 7,777,000 7,011,700 83,000,000 12,787,000 11,748,000 PHILADELPHIA BANKS. PHILADELPHIA BANKS. (Capital, Jan., 1863, $11,740,080; 1862, $11,970,180.) 12,... 19,. 26,... Feb 2,... Due Due Date. to banks. from banks. Jan. 5,... $37,679,675 $4,510,750 $4,504,115 $28,429,189 $6,948,785 $1,994,928 37,533,757 4,544,786 4,450,676 28,018,792 6,890,963 1,848,932 37,416,694 4,549,369 4,382,520 27,877,069 7,050,847 2,275,905 87,479,712 4,572,419 4,284,947 28,773,517 6,755,980 2,638,985 37,268,894 4,562,580 4,181,503 29,231,753 6,698,210 2,909,857 37,336,367 4,319,706 4,039,918 28,062,164 6,953,215 2,518,036 37,710,851 4,272,347 3,888,185 28,759,049 7,452,563 2,432,078 87,720,460 4,276,761 3,772,781 29,342,596 7,413,249 2,703,196 37,901,080 4,267,626 3,696,097 30,178,518 7,185,670 2,758,852 38,603,871 4,249,035 3,608,870 30,679,259 7,100,258 2,499,139 39,260,028 4,247,817 3,534,880 30,549,587 7,476,603 1,939,449 39,458,384 4,247,688 3,295,862 30,106,135 7,418,482 1,935,014 38,937,612 4,311,704 8,369,194 29,171,283 6,504,758 2,158,007 37,516,520 4,339,252 3,374,417 29,531,559 5,768,558 2,770,129 36,250,402 4,343,242 3,296,685 30,117,527 5,953,809 3,014,229 36,295,644 4,343,988 3,185,042 31,059,644 5,306,809 3,018,727 36,482,058 4,346,377 8.078,921 31,021,799 5,448,124 2,559,868 May 4,... 86,587,294 4,355,324 2,989,428 30,859,231 5,328,898 2,891,087 2,901,600 30,949,781 4,975,939 2,542,792 2,866,121 31,892,308 4,640,623 2,536,279 37,116,093 4,357,169 2,808,109 32,455,953 4,623,392 2,480,714 The following statement of the condition of the banks of Pennsylvania out of Philadelphia, we have prepared from the official tables : On the 22d of April the Bank of England reduced its rate of discount from 4 to 3 per cent, and on the 29th April again reduced it to 3 per cent. The Bank of France has also during the month reduced its bank rate to 3 per cent. The following comparative table will be found of interest, affording, as it does, a view of the bank returns, the bank rate of discount, and the price of wheat in London during a period of three years, corresponding with the date of our last returns, May 13: 13th, 1863: 6 per cent. 46s. 2d Subjoined is our usual table with the returns brought down to May Dec. 17... £19,932,360 £8,507,144 £14,033,994 £30,539,363 £15,031,658 66 24... 20,150,398 8,654,499 14,306,497 31,346.731 46 31... 20,516,435 8,338,717 15,469,254 32,488,020 Jan. 7... 20,927,993 8,782,808 14.393,308 32,620,233 66 44 14... 21,018,849 4,280,730 16,772,782 31,165,075 21... 20.893,931 4,965,798 14,993.225 30,227,086 13,855,849 4 28... 20,771,236 5,416,868 Feb. 4... 20,709,154 6,351,617 14,870,795 Rate of Discount 3 pr. ct. 3 14,414,763 30,238,865 13,611,823 5 44 19,916,496 7,413.275 25... 19,715,828 7,901,658 13,367,153 29.709.079 14,614,096 4 Mar. 4... 20,322,055 8,036,003 13,368,086 30,880,805 14,504,517 4 13,769,276 29,890,503 14,589,222 4 11... 19,801,665 8,673,899 13,282,605 31,096,327 14,328,178 4 17... 20,012,331 9,343,499 13,003,088 81,482,170 14,547,812 4 24... 20,136,276 10,364,471 12,742,282 31,896,338 15,025,274 4 Apr. 1... 20,965,228 10,107,041 13,172,090 32,775.752 15,141,755 4 8... 21,279,339 6,714,109 11,829,832 30,946,784 14,963,835 4 15... 21,326,S20 5,769,276 15,013,391 29,974,677 15,229,237 4 22... 21,413,226 6,316,413 14,739,897 30,182,533 15,387,151 34 44 46 46 May M 29... 21,452,800 7,178,312 13,606,939 29,994,349 RETURNS OF THE NEW YORK STATE BANKS. The following table shows the aggregate resources and liabilities of the banks of the State of New York for the last two quarters. The returns for June and September, 1862, will be found in vol. 47, page 544 of the Merchants' Magazine. There were in March three hundred and eight banks in operation, all of which reported, except J. N. WESTFALL & Co.'s bank, Jordan, which had not commenced business on the morning of March 28. FORM FOR THE USE OF PERSONS DESIRING TO ASSOCIATE FOR THE ESTABLISHMENT OF A NATIONAL BANKING ASSOCIATION. The following form has been prepared at the United States Treasury Department for the use of those persons who propose to associate in the establishment of National Banking Banking Associations: 186-. We, whose names are specified in article fourth of this Certificate, have associated ourselves for the purpose of transacting the business of bank ing under the act entitled "An act to provide a National Currency, secured by a pledge of United States stocks, and to provide for the circulation and redemption thereof," approved February 25, 1863. First. The name and title of this Association shall be the National Banking Association of Second. The said Association shall be located in the county of, and State of deposit are to be carried on. -(1)— of where its operations of discount and Third. The capital stock of said Association shall be — dollars, -), and the same shall be divided into dollars each. shares of one hundred Fourth. The name and residence of each of the shareholders of this Association, with the number of shares held by each, is as follows: Sixth. This certificate is made in order that we may avail ourselves of the advantages of the aforesaid act. Witness our hands and seals this State of county of day of 186-. SS. On this the day of to me well known, —, 186-, personally came before me who severally acknowledge that they executed the within instrument for the purposes therein mentioned. Witness my hand and seal of office, the day and year aforesaid. (1.) The blanks will be filled so as to show the numerical order of the organization and the locality; for example, "The first National Banking Association of Providence Rhode Island. RETURNS OF THE CANADA BANKS. We give below the Auditor's statement of the banks of Canada for January and May, 1863: |