New-York daily tribune., 1858-11-02

officially promulgated yr; tu. are Tep'T'ed 20 srv'
deel:re o. abou. go no during .Eai NOUN. heoN-
inr feu n 70 117 bu' Wa ore Il 'fe 'troace-'
o, .be -. srd cori'niel 80 during II fay cVsns
late in tile afternoon 81 concess ~ - 20 i'o''
morning pr.c,s. T-e " trn ''a'f-, "-,n 'A' -
cep.on of Michigan Solthern Preferred were
quite heavy GaerG particularly suffered maze
nal decline. -eIlng down 10 l'l = TIE n)fh'h5 I,
and 70 -, in the afternoon. Tie reports o. diih'u-
i.hed business ar probably tie msi1 cGl'e o. u.
h.svipess Rock I.lsnd Wa s-o lcNtr, torch'hg W.
=. the Firt aud t6, 4: The S~,oad Board M'ehigan
Certr. without csyccial sr'ivi'y ~as weak WIN IN"
rst Of the market bringing up IL TIE afternoon 81 'o
.olerably frm At tho Second B,arl ihe7a wa. an az
tive and presf -tesiy market ior New-forA CeLirai
Readpg. end Michigan Syuthe1.. bat for neany es'
erytbirg rlse tire tendency wa generally DO fh".''
and tie lat quotations were the lowest OF the 10!
eisse Sock, sympaihi1e1 70 some extent WIN 'oo
downward tu7n il shares, but The trans'1Fohs woe
not large except in Msscaris, which sold p s's II ne
afternoon, decline OF I cent e. compared VIZ"
clo-irg prices Of Saturday. VrGinas aSd Ienressees
were al.o fraction lower. The closing Quotations
were for New-York Central, So oSj Ere, loi a loi
Hudson 80 ~; Reading, 81 ~52.i Mcai;an Cen
| tIai ~ aJhl; Michigan Southern, ~ -. Pre-
ferred, 53! 53i Panama ll9. l2e; Illinois Cen
trail, 81 ass; Gslens, 7si io7s. Rock Island, ooi%
66!; Toledo, 331 o5S Pscifc Mail, lo1s a lV'i VIZ
| gini. Il, 81; a9ji Missouri g. 50 81, &c
Tbe market for Foreign Bills has been very quet
and weak for the present packet, with an increSs
.,nply of commercial bills. mostly from the South.
Rsnkes are asking Q. 10 T. cent for Sterling, but the
pwer pric. considered the top Of the market for
transactions Good commercial bills sold at 9ea!.
Francs are more plenty and lover; We quote old
| JI2I. This decline in rates vii quiet sll sppTeher-
sions Of laFge shipments OF coin TO Europe.
Freioi,s ure inactive aud rates somewhat noE-
nal. To Liverpool 500 bales Cotton At ;-lfi.i 800
bags Seed nj 22s Cd; 800 bbS. Crude Turpentne a.
o. 81. 4 go n. To London, 600 boxes Cheese at
30s. To Glasgow 30 bids. Quarcitron Bark at JOs.
ves-el ont 20 and back from Turks l-snd a. l2c q
bush. A vessel oi 2:II tuBs home from Mnititland al
s. under deck ard r. % on deck, with mahogany.
Tie business Of the Sub-Treasury WIS: Recript',
&l,9,p06 s0-for Customs $1,000; Payments, 81, :
go 81; Balance, $902s,j3S 81.
The question having been raised by one Of our banks
uhe.her the interest Treasury Noe- cea'es At ma
turity, We have examined the act authorizing their
iseue and find the following provision
Provided That after the maturity lone year Of
any of said notes interest thereon snail at the
expiration Of s1v davs notice Of readiness 20 pay ard
redeem the same which AZ any time or tunes may be
given by the Secretary Of the Treasury IN one or moi
newspapers published at the seat U government.
u vii. be seen that il is al tie option Oi the
Secretary 10 pay these notes at any tine after a
year. and that he must give sixty days notice OF hH
intention to pay them before the interest ceases.
The very convenient arrangement by which deposi.
tors Of silver in the AssayOiee receive their pay
mert in silver coin here, has been abolished Sy tie
euthoritics of the Philadelphia Mint, the new arrange
Inent TO go into effect next Monday. As this slOve
receivers Of silver send
it TO PHILADELPHIA and draw the returns from the Mint
there n distinction il made in favor OF Philadelphia
which is unls and burdensome upon NeT-fork,
where nearly al the foreign silver coin and ngcts l.
received. proper representation has been made Of
the facts to the Secretary Of the Treasury, and 1t j
loped that The new order vii, be at rescinded.
The weekly averages Of tie banks exhibit the eject
of the movement of godo the South and the sverase
specie reserve now stands lower point than At any
time since December last, while the loans are 81
/ 00O, 000 greater The aggregate amount cent South
during the past week by the State, America, Mer
chants, American Exchange, Republic, Commerce
&C., is known to be between three and tiree-and-a-
half millions, and more VIII 90 in the same direction
This yeoe viii be used in the purchase Of Stsringb bs
Francs and time bills New-Yor and at the present
rate of the latter the operation viii pay much better
interest than to the fund.- here At the same time
the foreign bills forward will check the export Of
specie hence to London and Paris. Tie average, as
shown by the statement, is probably less by about
quarters of million than the actual amount in
Bank. Boston Philadelphia and Baltimore are sl in
debt to this city, and be drawn upon for large
amounts of specie if needed The He Of loans shows
increase Of nearly million and quarter, which Is
the result partly of discounts for interior banks. ana
partly Of free purchases Of mercantile paper The IN
crease Of deposits follows naturally the increase oi
loans and the fact tst there is an increase in the
face oi the shipments OF gold south wonld indicate
that a portion of the gold thus sent has not been
drawn from the bank balances hut Las heen sent fo1-
ward by our city banks for their Own account. Tie
condition of the banks compared with the period