Sivut kuvina
PDF
ePub

THE SAVINGS BANKS OF NEW-YORK.

In New-York city alone there are twenty-one of these institutions, with aggregate savings of $48,988,000. In Brooklyn, three, with deposits amounting to nearly seven millions. The following table represents the condition of each on 1st January, 1857 to 1861. Three of these institutions were established in the year 1860, and have but a limited business as yet :

COMPARATIVE VIEW OF THE SAVINGS BANKS OF THE CITY AND STATE OF New-YORK, ON THE 1ST JANUARY, 1857-1861.

JANUARY, 1861.

No.of DeNow-York City. Jan., 1857. Jan., 1858. Jan., 1859. Jan., 1860. Deposits. positors. Bank for Savings, $ 8,317,820 $8,850,546 $8,701,923 $ 9,544,479 $10,062,616 .. 52,480 Seamen's Bank,

7,179,354 .. 6,765,258 .. 7,349,474 .. 8,188,715 .. 8,922,634 .. 27,292 Bowery Savings,

6,615,566 .. 6,697,893 .. 7,818,143 .. 9,573,400.. 10,294,995 .. 44,003 Greenwich Savings,. 8,127,898 .. 3,356,111 .. 8,528,851 .. 3,786,125 .. 8,898,839 .. 18,076 Manhattan Savings,.. 1,394,739 .. 1,373,025 .. 1,782,067 .. 2,278,609 .. 2,794,934 .. 11,346 Emigrant Industrial,.... 1,302,790 .. 1,348, 730 .. 1,625,754.. 2,120,505 .. 2,563,475 .. 10,169 Merchants' Clerks,.. 1,145,923 .. 1,191,150 .. 1,505,889 .. 1,826,776 .. 2,103,285 .. 8,079 Dry Dock Savings,.

896,360 .. 933,543 .. 1,118,876 .. 1,527,572 .. 1,976,064 .. 7,121 East River Savings,. 559,140.. 626,367 .. 785,782 .. 979,451 .. 1,161,234.. 5,235 Broadway Savings, 722,830 .. 662,446 .. 841,846 .. 973,478.. 1,102,794 .. 4,063 Irving Savings, .

500,000.. 588,627 .. 719,498 .. 894,898 .. 1,086,547.. 4,470 Mariners' Savings,

244,906 .. 288,402 .. 419,689 .. 598,794 .. 768,803 .. 3,268 Sixpenny Savings,

81,158 .. 85,922 ... 112,361 . 146,294 .. 176,322 .. 8,764 Rose Hill Savings,

20,836 .. 35,306 .. 71,854 .. 105,527 .. 119,019 .. 555 Bloomingdale Savings,.. 2,274..

668. 56,300.. 125,062 .. 1,005 .. 35 Mechanics and Traders',. 810,645. 811,688. 361,612 438,473 .. 532,933 .. 2,738 German Savings,.

239,912 .. 759,367.. 4,669 Union Dime,..

62,018 .. 254,244 .. 3,016 Atlantic Savings,

80,874 ..

610 Citizens' Savings,

27,767 .. 467 Third Avenue Savings,..

802,073 .. 1,608

New York City,...... .$ 32,452,242 $ 32,615,182 $ 86,806,420 $ 43,410,088 $ 48,988,826 217,964 Brooklyn Savings Bank,. 2,160,865 .. 2,194,553 .. 2,660,981 .. 3,222,726 .. 3,681,389 .. 15,479 Williamsburgh Savings,. 662,281 .. 769,018 .. 1,086,882 .. 1,569,551 .. 1,905,761 .. 10,423 South Brooklyn Savings, 322,589 .. 846, 635 ... 522,850 .. 751,819 .. 928,953 .. 5,484 Brooklyn Dime,.......

79,954 .. 275,693 .. 6,185

New-York and Brooklyn,$ 35,597,977 $ 35,925,383 $ 41,076,633 $ 49,084,183 $ 55,780,572 255,485 Interior towns,..

6,101,525 .. 5,497,289 .. 7,118,214 .. 9,144,027 .. 11,669,825 65,208

Total State of New York, $ 41,699,502 $41,422,672 $ 48,194,847 $ 58,178,160 $ 67,450,397 310,698

Since 1st Jauuary, 1860, the number of savings bank depositors have increased from 196,979 to 217,964 in the city of New-York alone.

3

VOL. XLV.-NO. I.

Savings DEPOSITS OF INTERIOR CITIES AND Towns.

[ocr errors]
[ocr errors]
[ocr errors]

66

533.

.

Albany, ... Albany Savings Bank,..

City Savings Institution,.
Exchange Savings Bank,.
Mechanics and Farmers' Savings,
Sixpenny Savings Bank,.

Union Savings Bank,.
Auburn, Auburn Savings Institution,.
Brockport, Brockport Savings Bank,
Buffalo, Buffalo Savings Bank,

Emigrant Savings Bank,
Erie County Savings Bank,.

Western Savings Bank,.
Cohoes, Cohoes Savings Institution,.
Schenectady,. Schenectady Savings Bank,
Elmira, Elmira Savings Bank,
Fishkill, Fishkill Savings Institution,..
Flushing,... Queens County Savings Bank,..
Hudson....... Hudson City Savings Institution,
Kingston,.... Ulster County Savings Institut'n,
Lockport,.... Niagara County Savings Bank, .
Newburgh,... Newburgh Savings Bank,.
Oswego, Oswego City Savings Bank,
Peekskill,. .. . Peekskill Savings Bank,.
Poughkeepsie, Poughkeepsie Savings Bank,.
Rochester,... Monroe County Savings Institut.,

Rochester Savings Bank,. Rome,... Rome Savings Bank, Sing Sing,... Sing Sing Savings Bank, Southold, Southold Savings Bank,. Syracuse, Syracuse Savings Institution,..

Onondaga County Savings Bank, Tarrytown, Westchester County Savings Bk., Troy, Central Savings Bank,..

Commercial Savings Bank,.
Manufacturers' Savings Bank,
Mutual Savings Bank,
State Sav Bank,

Troy Savings Bank,.
Utica, Central City Savings Institution,

Savings Bank, Watertown,.. Jefferson County Savings Bank,. Yonkers, Yonkers Savings Bank,. Norwich, Chenango County Savings Bank, Corning, Corning Savings Bank, Rhinebeck,... Rhinebeck Savings Bank, Piermont, Rockland County Savings Bank,. Sag Harbor... Sag Harbor Savings Bank,..

1st JANUARY, 1861.

Amount

18t Jan., Amount. No. of

1860.

Depo8. $ 1,346,998 ..5,405 $ 1,164,332

229,833 798 188,282

56,019 181 44,947 647,505 .. 1,578 .. 338,978 14,752 .. 1,016 .. 14,128 44,257 .. 187. 30,363 166,189 980 119,408 3,179 50

2,340 1,177,880 .. 7,238 988,325

19,021 182 17,786 826,251 ..5,546 . 641,503 130,760 552 .. 85,072

78,951 456. 61,120 312,959 1,074 275,164 3,580 27

3,002 51,223 280 36,841 20,796 482

7,898 83,686

66,139 177,722

612 112,624 4,692 35

1,768 240,328 1,576.. 178,335 26,389 246 ..

10,974 21,236 215

10,727 407,965 2,372 319,180

489,980 .. 1,571 .. 366,747 2,166,689 .. 7,272 .. 1,664,443 58,901 298

39,554 53,496 302

50,198 37,296 265 22,241 426,428 2,101 316,956 282,782 1,616 .. 186,199 196,751

148,905 40,361 216. 46,020 169,949 810.. 112,586 129,569 .. 664 .. 110,697 48,882 231 42,958 95,449 ..

78,927 804,032 .. 3,083 .. 729,024

19,711 124 .. 20,452 634,191 2,812 .. 412,079 failed.

8,933 82,115 645

67,872 10,540 29 471

23 7,288 85

[ocr errors]
[ocr errors]

816.

[ocr errors]
[ocr errors]
[ocr errors]

500..

[ocr errors]

66

54

Totals, 1860-1861,

.$ 11,669,826 55,208

23 12,719 202

$9,144,027

NEW-YORK LEATHER MARKET FOR 1860.

From the Shoe and Leather Reporter.

a

The year 1860 will be long remembered by all who derive their income from the various branches of trade connected with the tanner's art as one of peculiar hardship. Those of the leather merchants who have a direct interest in the merchandise in which they deal, have been compelled to submit to loss upon a large portion of the stock which has passed through their hands, while the industrious and hardy tanners have, many of them, notwithstanding the most strenuous efforts, been obliged to witness the fruits of former and more prosperous seasons disappear as dew before the rising sun. They have been borne along by a current of circumstances, over which they could exercise no control, until ruin may be read in the fate of some whose industry, energy and perseverance should entitle them to a better fortune.

The heavy demand for boots and shoes which prevailed for all sections of the country, through the latter portion of the year 1858, and early the following year, stimulated the manufacturing interest to such an extent, that during the first half of the year 1859, an immense increase in the production called for large additional supplies of leather, which tanners and dealers were, at that time, poorly prepared to supply. In consequence, stock was hurried in from the tanneries, often badly tanned and worse finished, to supply the pressing demand at high and advancing figures. This elated the tanners, who rushed in the raw material to the fullest capacity of their yards, at the high prices which then prevailed. About the middle of the year 1859 it became apparent that the increase in manufacturing had far surpassed the requirements of the country, and an immense overstock of boots and shoes began to burden the market, while manufacturers, many of them unable to carry their stocks of madeup goods, soon commenced to curtail operations, thus causing a great decline in the demand for leather, which was now being turned out from the tanneries in increased amounts, and transferring the over-supply from the boot and shoe to the leather trade.

Against this over-production, those engaged in the manufacture and sale of leather have had to struggle during the past year, while, as a natural sequence, prices have declined and business become unhealthy and unsatisfactory. These circumstances have been greatly aggravated by the stubbornness which has characterized the market for hides, both green and dry, during almost the entire year, rendering it almost impossible for tanners to replace the stock on the market from fresh purchases of hides, without considerable loss at the prices at which they had been forced to sell.

A further obstacle against which the trade in this country have been obliged to contend, has been the unhealthy condition of the hide and leather business in Great Britain, and, to some extent, on the Continent of Europe. The immense interest which had become centered in these lines through England and Ireland, as is manifest by the great failures of the past summer, had for some time held the prices both of the raw ma

a

terial and the manufactured article quite above their relative value as compared with other kinds of merchandise, and quite too high for healthy action under the natural law of demand and supply, thus exercising a great influence on the same branches of trade in this country.

Notwithstanding the unsatisfactory condition of the market through the entire year, there has been less speculation in leather, and less variation in prices for hemlock sole than for many years before. Buenos Ayres, middle weights, keeping within the range of 21 @ 22} cents, and Orinoco, do., of 19 @ 21 cents, through the entire period. Oak sole has also partaken of the same steadfast characteristics, and shows a variation but a trifle larger than that of hemlock; while upper leather, particularly heavy finished of hemlock tannage, has passed through several long terms of general neglect, and ranged from 16 to 20 cents per foot.

Shortly previous to the commencement of the present year rather an active demand, partly speculative, was excited for hemlock sole, and prices slightly advanced. This, however, subsided early in January, and a slight reaction was experienced before the close of the month. February passed with a very limited inquiry from the Eastern trade and slight improvement in the market, with fair receipts from tanneries and some accumulation in the stock. Early in March, New England manufacturers began to visit this market and purchase with some freedom, although in small amounts as compared with former years; still the demand from all sources exceeded the receipts from tanneries, somewhat reducing the heavy supply, with an improvement of about half a cent per pound, and a more cheerful feeling. Before the first of May the market again became dull and receipts more liberal, causing stock once more to accumulate. Oak sole, meantime, enjoyed a more steady though not active demand, both from the city and country trade. The sales in both oak and hemlock now became: light and confined principally to Eastern customers, and so continued until near August, when Southern merchants began to make their appearance and add their demands to the existing trade. Prices, during this period, were not generally firm, but yielding according to the estimate put upon the paper offered by the purchasers. The month of August passed under a very limited inquiry, and most of September had expired before much activity was visible-hemlock sole still continuing in large supply—much of it held back at the tanneries for want of a suitable market. Prices, before the close of the month, under a more animated request from the New-England States, as well as from other sections of the country, and an advancing market for the raw material, realized a slight improvement. Sales, however, were not heavy. Manufacturers, willing to profit by the experience of the previous year, bought only to supply their immediate requirements, leaving tanners and dealers to carry the surplus stock. Trade, in October, during an exciting presidential canvass, which usually interferes to some extent with business affairs, remained dull and unsatisfactory. As soon as the result of the November election was known, and the political agitations increased, the call for leather rapidly subsided, and the market has since shown little indication of a speedy recovery.

The stock of hemlock leather (the distinctive feature of this market) now on hand, and in process of manufacture at the tanneries, is somewhat less than at the commencement of the year. A smaller quantity of the raw material has of course been put into the vats than during the period of infatuation in 1859.; but the future appears little less gloomy than in January last.

IMPORTS AND EXPORTS OF LEATHER AT New-YORK FOR THE YEAR 1860.

IMPORTS.
6,826 packages, valued at $2,271,828.

EXPORTS.

Destination.

Value.

Brit. N. A. Col.z...

} $50,950

Value. $705 483

750 1,070 500

Liverpool,

Destination.
Brazil,....
Argentine Republic,...
Cisalpine Republic,....
Chili,
Peru,
Hayti,.....

211,484

London,....

5,506

843

15,689

Glasgow,
Galway,
Havre,
Antwerp,
Hamburg,

5,989 4,010 5,250 8,080

Cubag.....
Porto Rico,.....

Quantity. 9,778 sides, 3,450 rolls,

699 sides, 4,014 rolls, 1,021 bales, 163 bdls.,

8 cases,
870 sides,
83 rolls,
96 rolls,
11 cases,
491 sides,
23,863 sides,
3,513 rolls,
5,198 sides,

55 rolls,
85 pkgs.,
17 cases,
100 sides,
43 rolls,
25 rolls,
11 cases,
10 rolls,
2 cases,
8 pkgs.,

9 cases,
1,250 sides,

99 rolls,
10 cases,

Quantity.

5 cases,
5 cases,
4 cases,
4 cases,
8 cases,
8 rolls,
1 case,
75 rolls,
111 cases,
14 pkgs.,

8 cases,
409 sides,
81 rolls,

8 cases,
99 sides,
79 rolls,
11 cases,
87 sides,
2 rolls,
6 cases,
60 pkgs.,
52 rolls,
6 cases,

484

[blocks in formation]

2,786

Bremen,

25,171

Danish West Indies,.

4,064

[blocks in formation]

British West Indies,

880

China,......

2,066

British Honduras,...
Mexico,....

1,824 1,315

[blocks in formation]

$ 469,708

[blocks in formation]

Total-42,254 sides; 10,665 rolls ; 1,021 bales; 280 cases; 168 bundles ; 112 packages.

Importations of Boots and Shoes ; Japanned Leather ; Skins tanned and dressed;

Skivers ; Bend, Sole and Upper Leather, at the leading Ports of the United States, for the fiscal year ending June 30th, 1860.

[merged small][merged small][merged small][ocr errors][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]
« EdellinenJatka »