BONDS ISSUED IN CERTAIN DISTRICTS OF PENNSYLVANIA. In reply to a resolution adopted in Senate, some time ago, calling upon the Auditor General for a statement of the bonds, scrip, and other certificates of indebtedness issued by the several counties, incorporated cities, districts, and boroughs of the Commonwealth of Pennsylvania, that officer has communicated the following:STATEMENT SHOWING THE AMOUNT OF BONDS, SCRIP, AND OTHER CERTIFICATES OF INDEBTEDNESS ISSUED BY COUNTIES, INCORPORATED CITIES, DISTRICTS, AND BOROUGHS SUBJECT TO THE STATE TAX IMPOSED BY THE 42D SECTION OF THE ACT OF 29TH OF APRIL, 1844, TOGETHER WITH THE RATE OF INTEREST ON THE SAME, AND THE TIME The following statement of the debt of the city of New York is derived from the annual message of the Mayor: "1853. 6 per cent Washington Square Iron Railing Stock-Payable Nov. 1, 1852 46 Total...... $50,000 50,000 50,000 50,000 50,000 5,000 66 1853 5,000 $260,000 e Time of redemprate of interest not g Redeemable a Time of redemption not stated. tion not stated. stated. b Redeemable in 1853, 1858, and 1854. d Redeemable in 1847 to 1875. e kedeemable in 1861; f Part overdue; balance redeemable at various periods up to 1866. from 1854 to 1888. h No report or reply to circular. i Redeemable j Redeemable from 1852 to 1876. k Redeemable from 1853 to 1885. circular. Part overdue; balance redeemable in 1856 and 1858. from 1835 to 1880. No report or reply to In addition to the above there have been issued since August 1st, the following:- NEW YORK CITY FIVE PER CENT STOCKS FOR DOCKS AND SLIPS. In the Merchants' Magazine for December, 1851, (vol. xxv., pages 704-715,) we published a carefully prepared account of the Croton Aqueduct, embracing the general statistics of its progress down to that time. From the report of the President, we extract the subjoined statement of receipts and expenditures for 1851: Received for permission to make connections with public sewers... 21,835 50 Total....... $480,625 33 Total receipts, appropriations, with balances from 1850, were.... 760,884 67 Total expenditures in 1851 ..... 259,104 18 501,780 84 IMPORT AND EXPORT OF GOLD AND SILVER. We give below a statement of the export of gold and silver to foreign countries, from the port of New York, also of the receipts of gold and bullion at New York, from California, during the year 1851 : EXPORTS OF GOLD AND SILVER TO FOREIGN COUNTRIES, FROM THE PORT NEW YORK, FOR VALUE OF IMPORTS INTO THE PORT OF NEW YORK OF GOLD AND BULLION FROM CALIFOR The answers to the questions annexed are from the Auditor of the State of Illinois, T. H. Campbell, Esq. For a more detailed catechism of this law the reader is referred to the Merchants' Magazine for January, 1852, (vol. xxv., pages 96-99.) QUESTION. Will it be required that an “individual banker" have any specified amount of capital? ANSWER. The law makes no distinction between individual bankers and associations, and no specified amount of specie capital is required. Q. Will it be required that he be a resident of your State? A. I do not find anything in the law requiring that bankers shall reside in the State. Q. What amount of stocks must he deposit to commence receiving circulating notes ? A. Not less that fifty thousand dollars. Q. Will such circulating notes require the signature of both president and cashier? A. Sec. 11 requires the signature of both president and cashier. Q. How much specie does the law require to be kept by the bank on the one hundred thousand dollars of circulation? or what per centage? A. The law does not require any specified amount. Q. If circulating notes should be protested, must the holder deposit them with the anditor before you notify the banker; and how long can the holder retain such protested notes out of the hands of the auditor, and draw twelve-and-a-half per cent interest? A. I am of the opinion that the law does not require the notes to be deposited with the auditor, and that the holder could not claim damages after he had notice of the ability of the bank to pay. Q. What time, after giving notice that notes are protested and lodged in your hands, would the banker be allowed to pay the same? and, if paid within the time, would he be liable to have his banking business interfered with by any legal tribunal, for the single cause of having had his notes protested? A. Sec. 26 provides that the auditor shall, immediately after the bank had been notified to pay any note that may have been protested, proceed to adopt measures to pay the liabilities of the bank, and prohibit the officers from having any power to transact business. Q. Is it necessary for an "individual banker" to file a certificate, such as is required by Sec. 7 of the Act? A. It is. Q. How must the circulating notes of an "individual banker" read? A. The same as those of associations. COMMERCIAL STATISTICS. FOREIGN AND COASTING TRADE OF THE UNITED KINGDOM. From the monthly accounts relating to "Trade and Navigation," "presented to both Houses of Parliament by command of Her Majesty,” regularly forwarded to the Merchants' Magazine by the Hon. ABBOTT LAWRENCE, Our Minister to England, we compile the subjoined statements of vessels employed in the Foreign and Coastwise trade of the United Kingdom :— AN ACCOUNT OF THE NUMBER AND TONNAGE OF VESSELS, DISTINGUISHING THE COUNTRIES TO WHICH THEY BELONGED, WHICH ENTERED INWARDS AND CLEARED OUTWARDS IN THE TWELVE MONTHS ENDED 5TH JANUARY, 1852, COMPARED WITH THE ENTRIES AND CLEARANCES IN THE CORRESPONDING PERIODS OF THE YEARS 1850 AND 1851, STATED EXCLUSIVELY OF VESSELS IN BALLAST, AND OF THOSE EMPLOYED IN THE COASTING TRADE AND THE TRADE BETWEEN GREAT BRITAIN AND IRELAND. Countries to which vessels belonged. Ships. Tonnage. Ships. Tonnage. Ships. Tonnage. U. Kingdom & its Dependencies 17,169 3,762,182 17,648 8,960,764 18,205 4,147,007 587,986 748 595,191 970 778,664 7 2,030 10 2,345 Russia..... Sweden Norway. Denmark. Total.. .... 27,115 5,429,908 29,011 5,906,978 80,543 6,488,144 COASTING TRADE OF THE UNITED KINGDOM. The following table, which we compile from the same official document, exhibits the number and tonnage of vessels which entered inwards and cleared outwards with cargoes, at the several ports of the United Kingdom in the twelve months ended January 5th, 1852, compared with the entries and clearances in the corresponding periods of the years 1850 and 1851, distinguishing the vessels employed in the intercourse between Great Britain and Ireland from other coasters. EMPLOYED IN THE INTERCOURSE BETWEEN GREAT BRITAIN AND IRELAND. EMPLOYED IN THE INTERCOURSE BETWEEN GREAT BRITAIN AND IRELAND. TRADE OF THE UNITED KINGDOM WITH FOREIGN COUNTRIES, AND BRITISH COLONIES AND POSSESSIONS ABROAD. We are indebted to HENRY C. CAREY, Esq., the Political Economist, for the subjoined tabular statement of the value of imports and exports, for five years—that is, from 1845 to 1850: COMMERCE AND NAVIGATION OF THE PORT OF RIO DE JANEIRO IN 1851. The subjoined statement of the Commerce and Navigation of the port of Rio de Janeiro in 1851, was prepared expressly for the Merchants' Magazine by Luiz H. F. D'AGUIAR, the Brazilian Consul-General to the United States, In the Merchants' Magazine for April, 1851, (vol. xxiv., pages 474-475,) we published a similar statement for the year 1850, together with tables of the export of hides, rice, tapioca, rum, rosewood, sugar, tobacco, coffee, &c., for a series of years, furnished at our hand by the same authoritative source. In consequence of the complete repression of the slave trade, a great quantity of capital previously employed in that nefarious business found its way into the market, VOL. XXVI.-NO. IV. 31 |