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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.

New-York City. Bank for Savings,..

Seamen's Bank,.
Bowery Savings,.
Greenwich Savings,.
Manhattan Savings,...
Emigrant Industrial,..
Merchants' Clerks,..
Dry Dock Savings,.

JANUARY, 1861. No. of DeDeposits. positors. $10,062,616 .. 52,480 8,188,715.. 8,922,634 .. 27,292 9,573,400.. 10,294,995 .. 44,003 3,786,125.. 38,898,339.. 18,076

Jan., 1857. Jan., 1858. Jan., 1859. Jan., 1860.
$8,317,820 $8,850,546 $8,701,923 $9,544,479
7,179,354.. 6,765,258.. 7,349,474..
6,645,566.. 6,697,893.. 7,818,143..
3,127,898.. 3,356,111. 8,528,851

1,394,789.. 1,873,025.. 1,782,067.. 2,278,609.. 2,794,934 .. 11,346
1,302,790 1,348,730.. 1,628,754.. 2,120,505.. 2,563,475.. 10,169
1,145,928.. 1,191,150.. 1,505,889.. 1,826,776.. 2,103,285.. 8,079
896,360.. 933,543.. 1,118,876.. 1,527,572.. 1,976,064.. 7,121

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New-York City,.........$ 32,452,242 $32,615,182 $86,806,420 $43,410,083 $48,988,826 217,964

Brooklyn Savings Bank,.

Williamsburgh Savings,.

2,160,865.. 2,194,553.. 2,660,981.. 3,222,726.. 3,681,339.. 15,479 662,281.. 769,018. 1,086,882.. 1,569,551 .. 1,905,761 .. 10,423

South Brooklyn Savings, 322,589 .. 346,635.. 522,350..
Brooklyn Dime,.......

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New-York and Brooklyn,$ 35,597,977 $35,925,383 $41,076,633 $49,084,133 $55,780,572 255,485

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6,101,525. 5,497,289.. 7,118,214.. 9,144,027 .. 11,669,825 55,208

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.

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NEW-YORK LEATHER MARKET FOR 1860.

From the Shoe and Leather Reporter.

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

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 @ 224 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.

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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.

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