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which has been developed this season. The following Banks have notified the Bank Superintendent of their intention to wind up and withdraw their circulating notes Adams Bank, American Bank, Champlain Bank Cortland County Bank, Commercial Bank of Lockport, Knickerbocker Bank, McIntyre Bank, Merehants' Bank, Washington County Merchants Bank, Ontario County Northern Bank of New York: Oswego County Bank. The above Banks are all amply secured, either by United States or New-York and United States Stocks, and their places have been supplied by the Red Dog currency of the Free New Jersey Banks. The returns of the New-Orleans and Philadelphia Mints for October completes the follow ing table of gold deposits from January to Novembey 10. DEPOSITS OF GOLD. Total New Orleans Philadelphia, Nine months $6,311,347 $31.398,445 $37,709,792 5,044,749 4.745.000 October 299,749 4,000,000 3,500,000 500,000 Nov. to the 15th Total $7,111,096 $39,643,445 $46,754,541 32 224.652 Name time in '50. 3,674,062 28,550,000 $14,530,479 Increase $11,093,445 $3,437,034 At New-Orleans there was no coinage in September, owing to the repairs of the machinery. The coinage at both Mints for October has been as follows Total Pieces New Orleans Philadelphia $4,220,220 $4,110,220 $110,000 $20 780,600 330,600 10. 450,000 220,480 5. 220,480 286,020 286,020 2 282699 353,699 1 70,000 $5,861,019 $5,231,019 $630,000 90,316 48,706 41,600 Silver Total $671,600 $5,279,725 $5,951,325 This is equal to over seventy millions P annum. It will be observed that four-fifths are in double eagles for export, for the benefit of bankers. The following announcement appears in Thompson's Bank Note Reporter MONEY BORROWED ON VIRGINIA BONDS.-Such is my belief that Virginia State Stocks will rise to 6 cent in as many months, that I am borrowing money on them at 6 P cent payable on demand. J. THOMPSON, No. 64 Wall-st. The business of the Wabash and Erie (Indiana) Canal continues to show an increase, as will be seen by the annexed statement $31,593 31 Receipts from tolls in October, 1851 25,718 05 do. Do. October, 1850 $5,875 2 Increase $24,834 86 Receipts from sales of land in Oct. 1851 17,679 44 Do. do. do. Oct. 1850 $7,155 41 Increase Total receipts from November 1, 1850, to NovemJ. 1851 $189,878 38 From sales of land 174,299.36 From tolls on Canal $364,177 74 Total recepts During the same period last year, viz November 1. 1849, to November 1, 1851, and on the same line of Canal, the receipts were $157,158 From tolls From lands 112,669 63-$269,828 0 $94,349.73 Increase this year The Canal Board commenced opening the jobs, at Up propositions for Canal Albany, yesterday. to their adjournment for dinner, two hundred and seven were to the Division be canvassed. ered and propositions handed Several opened, numbered, Engineers to regisdays will be necessory to open and register all the propositions, and two or three weeks to canvass thein. The shipping house under the title of Harnden & Co., in Boston, have suspended. They were owners of the new were interested in East and the largely propeller "S.S. Boston Lewis, stock speculations. The Boston Journal says They have been obliged to suspend payment in consequence of the adverse tide which has for some been setting against them. To the enterprize and energies of this firm do our citizens owe the establishment of the line of steam propellers between this port and Liverpool, of which the S.S. Lews was the pioneer-the construction of the Grand Junction Railroad, and other works favorable to the growth and prosperity of Boston. We trust that Messrs. H. & Co. will speedily recover from this misfortune. At Philadelphia there is less demand for money, with a good inquiry for sixty day paper. The Illinois Free Banking Law having probably by the we below been adopted people, give an abstract of the important portions of it. It is law has yet to be acted understood the Supreme that the Court, upon by in regard to the question whether the election at which it was to the was " general election" people the submitted stipulated in this act SEC. 1. Authorizing the Auditor to prepare plates. SEC. 2. Whenever any person, or association of persons, formed for the purpose of banking under the provisions of this act, shall lawfully transfer to, and deposit with the Auditor, any portion of the public stock issued, or to be issued by the United States, or any State stocks on which interest is aR mually paid, or the stocks of this State-the latter stocks to be valued at a rate twenty per centum less in value than the market price of such stocks, to be estimated and governed by the average rate at which such stocks have been sold in the City of New-York, within the previous six months, preceding the time when such stocks may be left on deposit with the Auditor, and in no case shall the Auditor issue bills for banking purposes, or bonds of this or any other State, on which less than 6 P cent is not regularly paid, unless there shall be deposited with him at least two dollars in bonds, exclusive of the interest, for every dollar in bills so issued. Such person or association of persons, shall be entitled to receive from the Auditor an equal amount of such circulating notes, of different denominations, registered and countersigned as aforesaid and it shall not be law. ful for the Auditor to take such stock at a rate above
