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STATEMENT OF INTEREST ONLY AS CONTRASTED WITH THE INTEREST AND SINKING fund.

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Whole interest for the year will be $1,787,828 96; but there will be redeemed $201,150 of the five and six per cent debt, which saves the interest of that amount to add to the surplus required for redemption.

The real amount is

Interest and sinking fund.....

Excess over interest, applied to the extinguishment of the public debt for the year 1860.....

$1,782,164 66 2,183,001 16

$400,836 50

If the debt of the State should not be augmented by any new issue of State bonds, until the year 1870, the amount redeemed on the old debt would be $4,195,518 72, and the surplus of the annual appropriation, above interest, would be $350,424 63. Of the new debt the State would own, by investment therein, $4,423,411 45; and the annual fund applicable to further investment in this latter debt would be $431,894 46; so that in 1870 the Sinking Fund Commissioners will have redeemed, and will own by investment $8,618,930 17, and will have an annual fund for these two objects of $782,319 09, which will be constantly increasing in a geometrical ratio. If the debt of the State should be

increased, the latter fund will be increased correspondingly.

BANKS OF NEW JERSEY.

The following is the summary of the quarterly statements of the New Jersey banks for October, compared with that of July, with the exception of the Iron Bank, Morristown, and the Hudson County Bank, Jersey City, statements from which had not been received :

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CITY WEEKLY BANK RETURNS.

NEW YORK WEEKLY BANK RETURNS.- —(CAPITAL, $68,645,014.)

22

29

Loans.

Specie. Circulation. Deposits.

Average
clearings.

Actual

deposits.

Jan. 8 128,538,642 28,399,818 7,930,292 113,800,885 20,974,263 92,826,622 15 129,349,245 29,380,712 7,586,163 116,054,328 20,598,005 95,456,323 129,540,050 29,472,056 7,457,245 116,016,828 20,950,428 95,066,400 129,663,249 27,725,290 7,483,642 113,012,564 19,174,629 93,837,935 130,442,176 25,991,441 7,950,855 114,678,173 22,712,917 91,965,256 12 129,106,318 25,419,088 7,872,441 109,907,424 20,560,606 89,346,818 127,476,495 26,344,955 7,766,858 108,937,564 19,911,207 89,026,357 26 125,866,083 26,470,171 7,736,982 109,000,892 19,785,055 88,215,837 Mar. 5 125,221,627 26,769,965 8,071,693 108,646,823 22,626,795 86,800,028

Feb. 5

19

12 126,205,261 25,530,054 8,100,021 107,458,392 21,270,283 86,188,109 19 127,587,943 25,043,183 7,996,713 108,353,336 21,911,543 86,441,793 26 127,751,225 25,182,627 7,998,098 106,581,128 20,237,879 86,343,249 Apr. 2 128,702,192 25,732,161 8,221,753 110,176,088 22,488,950 87,737,138

11 122,958,928 22,132,275 8,391,116 18 121,800,195 23,192,217 8,281,111 25 121,744,449 21,759,881 8,216,048 July 2 122,401,773 22,491,665 8,365,790

23 30

Aug. 6

9 129,865,752 25,748,667 8,449,401 111,692,509 23,549,945 88,142,544 16 129,968,924 25,478,108 8,293,459 111,695,711 23,607,914 88,087,797 23 129,192,807 26,068,155 8,289,112 112,627,270 23,671,453 88,955,814 80 128,706,705 26,329,805 8,300,672 118,217,504 23,655,166 89,562,338 May 7 129,519,905 26,086,632 8,804,032 115,586,810 26,714,767 88,872,043 14 129,680,408 25,171,335 8,490,933 113,141,178 24,445,039 88,696,639 21 128,701,553 26,090,008 8,352,723 112,731,646 24,177,516 88,554,130 28 127,137,660 24,319,822 8,232,653 107,064,005 21,501,650 85,562,855 June 4 125,006,766 23,728,311 8,427,642 103,207,002 20,628,166 82,578,836 99,042,966 20,159,422 78,883,536 99,170,835 20,042,356 79,127,979 97,353,393 19,160,278 77,193,115 98,920,313 20,787,701 78,132,612 98,090,655 21,077,643 77,013,012 97,257,070 19,121,159 78,136,911 94,416,054 19,114,111 75,301,943 91,707,877 17,232,982 74,474,895 91,891,234 19,366,379 72,524,855 88,975,864 17,443,211 71,582,353 91,248,799 18,038,889 73,209,910 89,471,646 17,679,829 71,791,817 93,250,438 20,094,729 78,155,709 92,732,824 20,095,939 72,636,895 94,002,721 20,855,322 73,147,399 93,460,300 20,729,701 72,730,599 91,823,441 21,011,336 70,812,105 8 117,211,627 19,493,144 8,585,739 92,550,175 23,048,968 69,501,307 15 117,289,067 19,651,293 8,463,816 91,921,699 21,830,679 70,091,020 22 117,317,499 20,907,097 8,411,218 93,544,951 21,977,883 71,567,068 29 118,414,428 21,248,975 8,276,404 95,245,331 22,162,150 73,083,181 Nov. 5 120,118,037 20,228,342 8,627,421 96,900,567 23,226,669 73,673,898 12 121,206,352 20,186,956 8,443,555 97,657,512 22,977,321 76,680,191 19 121,520,636 19,743,371 8,283,520 96,913,346 22,239,807 74,673,539 26 121,423,163 18,831,924 8,271,278 97,080,059 23,517,886 73,562,173 Dec. 3 122,137,034 20,046,667 8,398,819 100,449,079 24,190,359 76,258,722 10 122,925,408 19,750,535 8,481,486 99,524,708 22,953,281 76,571,427 17 122,903,577 20,420,839 8,393,026 98,996,569 21,710,094 77,286,475 BOSTON BANKS.(CAPITAL, $35.125,433.)

9 121,614,633 22,494,649 8,553,061 16 120,405,658 23,323,679 8,201,675

13

119,934,160 21,196,912 8,170,626 119,347,412 20,764,564 8,214,959 118,938,059 20,083,877 8,628,050 117,757,141 20,744,532 8,419,606 20 117,990,199 21,403,448 8,317,669 27 117,541,070 20,728,066 8,234,279 Sept. 3 118,184,258 21,478,299 8,373,318 10 118,421,430 21,767,248 8,513,062 17 119,366,352 21,512,680 8,444,766 24 119,387,320 20,660,436 8,357,206 Oct. 1 118,208,752 19,259,126 8,337,702

Jan. 3..

10.

Due
to banks.

Due from banks. 7,083,737 7,137,234

Loans. Specie. Circulation. Deposits. 60,069,424 8,548,934 6,543,134 22,357,838 10,789,135 60,310,965 8,295,892 7,016,104 21,615,468 11,263,766 60,106,798 7,931,712 6,793,723 21,127,712 59,400,354 7,383,391 6,609,374 20,727,905 58,992,556 7,088,736 6,224,137 20,598,451 Feb. 7.. 59,120,142 6,814,589 6,514,576 20,845,520

17..

24

31

..

..

11,139,700 7,111,264 10,430,454 7,037,715 9,657,823 6,547,510 9,506,146 7,057,113

VOL. XLII.—NO. I.

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Mar. 7..

14

21

28

Apr. 4

11

18 25

9

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Loans. Specie. Circulation. Deposits. 14.. 59,087,249 6,671,619 6,332,342 19,983,531 21.. 59,099,993 6,679,740 6,275,458 20,082,960 28 58,636,328 6,410,563 6,283,959 19,469,489 58,892,981 6,386,580 6,578,472 19,935,649 58,436,379 6,265,661 6,372,298 19,202,029 58,152,742 6,238,518 6,227,150 19,809,807 57,672,804 6,370,283 6,108,505 19,908,785 58,031,003 6,401,822 6,386,853 20,899,191 58,320,346 6,488,147 7,358,859 21,422,531 58,496,225 6,496,137 6,985,273 21,666,840 58,160,215 6,726,647 6,812,855 21,663,615 May 2.. 58,178,264 6,910,187 6,658,260 21,990,246 58,211,765 6,907,557 7,241,597 21,852,338 58,445,596 6,851,787 7,064,757 21,466,499 57,996,456 6.700,975 7,013,197 20,845,917 57,318,243 6,874,399 6,664.483 20,769,103 57,430,695 6,738,384 7,009,878 20,718,977 57,972,199 6,672,767 6,863,659 20,118,426 58,203,731 6,453,596 7,082,781 20,229,249 58,474,300 6,180,858 6,552,901 19,878,006 59,037,935 5,493,396 6,935,803 20,017,147 11 58,802,700 5,234,600 7,371,600 18,846,900 18 58,773,537 4,645,866 6,890,858 18,422,769 25 58,214,940 4,662,014 6,987,221 18,201,927 57,972,321 4,667,352 6,387,768 18,033,821 8.. 58,122,483 4,926,056 6,678,754 17,957,506

16

23

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30.. June 6..

13.. 20..

27

July 4

..

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Aug. 1..

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9,184,941 6,815,160 8,477,968 6,673,623 8,456,312 6,330,719 7,945,389 6,817,368 7,767,582 6,864,684 7,665,274 7,524,274 8,410,087 8,509,638 8,663,857 8,343,446 8,287,561 7,834,888 7,850,530 7,346,135 7,998,226 8,077,777 7,704,870 7,805,577 7,542,472 7,565,826 7,289,128 7,549,033 7,090,735 7,852,924 6,865,611 7,778,657 7,134,285 7,460,245 7,099,339 6,668,773

7,076,162 7,283,020 7,307,000 7,300,400 6,854,245 6,731,181 6,838,207 7,110,420 6,511,893 6,331,385 6,580,316 6,359,393 6,570,922 5,764,922 6,857,698 6,090,950 6,892,813 5,749,899

6,921,705 6,153,490

7,009,345 6,237,555

6,946,411 6,296,528

58,123,231 4,769,101 6,570,163 17,417,279 58,016,685 4,922,414 6,444,603 17,602,981 58,089,045 5,094,717 6,259,360 17,569,101 58,567,981 5,115,478 6,495,950 18,159,586 58,765,279 5,129,751 6,612,539 18,190,067 58,851,495 5,342,342 6,650,383 18,459,463 58,580,748 5,164,191 6,548,230 18,527,936 58,735,636 5,195,497 6,694,038 19,165,983 58,881,297 5.451,900 7,420,173 19,635,881 58,752,928 5,542,585 7,133,034 19,653,268 58,433,628 5,648,712 6,991,668 19,379,720 58,821,757 5,762,822 6,632,123 19,652,388 59,036,007 5,447,489 6,983,075 20,344,878 59,338,369 5,245,205 6,885,008 19,587,724 21 59,488,359 5,045,858 6,816,774 19,555,848 28 .. 59,220,885 4,855,433 6,802,704 18,821,988 Dec. 5.. 59,528,260 4,715,576 6,773,030 18,971,401 7,209,628

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6,979,094 6,724,476 7,000,547 7,237,090 7,018,707 7,975,757 7,202,078 7,828,215 6,961,026 7,416,931 6,964,995 7,157,049 6,575,609 7,650,086 6,845,183 7,144,018 6,908,100 7,110,251 7,195,212 7,247,335 7,440,865

PHILADELPHIA BANKS.- -(CAPITAL, $11,632,295.)

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Jan. 3..

10..

17..

24.. 31..

Feb. 5..

NEW ORLEANS BANKS.- -(CAPITAL, $19,284,000.)

Short loans.
20,537,567

20,453,417

Distant

Specie. Circulation. Deposits. Exchange. balances. 16,013,189 9,551,324 22,648,428 9,882,602 2,331,233 16,294,474 10,383,734 21,756,592 9,866,131 2,540,573 20,904,840 16,343,810 10,819,419 22,194,957 9,666,070 2,380,707 21,442,167 16,279,655 11,224,464 22,549,305 9,492,871 2,057,217 21,837,791 16,101,158 11,616,119 22,554,889 9,508,703 1,861,866 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 19.. 22,677,390 16,949,263 12,241,954 23,620,711 9,474,473 2,174,619 27.. 23,126,625 16,806,998 12,522,244 23,203,848 9,217,655 2,320,031 Mar. 12.. 22,944,605 16,828,140 12,581,934 23,501,784 9,046,372 1,959,638 19.. 22,633,181 17,013,593 12,777,999 22,364,430 8,563,771 2,432,776 26.. 22,420,444 16,837,405 12,681,931 22,589,661 8,770,788 2,420,725 Apr. 2.. 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 2,582,084 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 30.. 19,926.487 15,650,736 12,578,111 21,315,664 9,537,886 2,100,219 May 7.. 19,443,947 15,539,235 12,711,640 21,396,145 9,271,213 2,029,992 14.. 18,948,824 15,534,148 12,513,001 20,569,681 8,439,088 2,127,956 21.. 18,925,857 15,203,875 12,326,726 19,890,960 7,428,213 2,062,447 28.. 18,594,556 14,784,944 12,032,821 19,445.178 7,190,460 2,089,701 June 4.. 18,350,758 14,587,357 11,994,591 18,683,911 6,614,289 2,040,656 11.. 17,889,718 14,240,114 11,825,081 18,159,432 6,481,915 1,928,315 18.. 17,525,037 14,151,040 11,708,131 17,804,674 6,076,239 1,770,409 25.. 17,262,214 18,597,084 11,501,679 17,139,130 5,853,472 1,774,067 July 2.. 17,198,658 13,524,959 11,284,564 16,891,446 5,550,384 1,705,349

9..

16..

23..

30..

Aug. 6.. 13..

Oct.

20.. 27..

Short loans.
17,188,649

16,763,853

Distant balances.

Specie. Circulation. Deposits. Exchange. 18,475,341 11,061,704 16,643,664 4,839,808 1.743,348

13,666,522 10,743,414 16,330,871 4,043,047 1,642,797 16,690,806 18,744,709 10,507,084 15,933,313 3,657,302 1,728,875 17,020,100 13,763,222 10,338,819 15,940,824 3,197,339 1,694,469 17,596,593 13,504,546 10,091,089 16,377,209 2,787,395 1,976,150

18,032,892 13,124,146 9,951,954 15,356,742 2,647,128 1,852,705 18,850,144 13,214,396 9,823,059 15,483,806 2,581,960 1,803,945 19,505,226 12,924,929 9,788,919 15,314,628 2,411,899 1,788,802 Sept. 3.. 19.827,817 13,154,963 9,805,674 15,394,654 2,445,097 1,772,558 10.. 20,629,817 12,749,427 9,567,333 15,260,331 2,003,175 1,619,886 17.. 21,144,174 12,824,667 9,442,849 15,402,592 1,862,657 1,516,252 24.. 22,228,245 12,601,590 9,306,194 15,596,759 2,001,524 1,525,035 1.. 22,797,076 12,767,785 9,293,719 16,224,953 2,175,945 1,562,634 8.. 23,189.871 12,815,675 9,376,949 16,325,445 2,587,384 1,717,069 15.. 23,558,087 12,715,871 9,401,424 16,627,959 2,840,507 1,678,519 22.. 24,228,872 12,663,741 9,454,114 17,088,401 8,246,394 1,163,523 29.. 24,495,812 12,710,629 9,442,739 17,821,585 3,960,983 1,787,709 Nov. 5.. 24,650,793 12,309,920 9,676,084 17,688,094 4,578,944 1,877,009 12.. 25,164,116 12,226,357 9,707,137 18,481,201 5,112,580 1,730,862 19.. 24,887,928 12,076,239 9,787,424 18,049,797 5,402,418 1,711,166 26.. 25,045,141 12,438,190 9,237,325 18,432,608 5,542,706 1,861,999

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31.

Aug. 7..

15.

22

29.

Sept. 5.

12...

6,929,136 1,091,462
6,915,619 1,079,179
6,829,277 1,095,789 1,776,633
6,809,909 1,076,376 1,805,178
6,767,148 1,099,419 1,735,836
6,745,807 1,055,124 1,752,748
6,696,995 1,073,545 1,758,788 1,570,561 190,068

1,835,833

1,741,588 257,160

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