New-York daily tribune., 1858-02-18

AT Phladeqlnu, LanA sh.res gradually s;nkisg
OFT of sight. Money is abundant, altogether In exosD
Of the demand. Good paper, that which Ia unqsAs-
toned, vii readily go at y cent while that which h
at all dsc'cdted can scarcely be negotiated st any rss
Tie Philadelphia Ledger says:
ct vas given out day beiore yesterday that 10
Board of Directors Of the Bank of Pennsyv bsA
made assignment Of all the effects Of that Astss.
tion, and that Messrs w. C. Patterson, John d. Tsy-
or ard ". L. Savage were the assgnees. Yesterday,
in the Court of Common Pleas, when the deed -
assignment was offered for approval. Judge Thoup.
suggested doubt to the propriety Of rnakiqe
an aigSncnt to paitesgdrectors OF tho bank. MT.
Campbell said he would withdraw the application kg
the presen in order to inquire whether 40 assiSnmsae
can be made to directors Vi the bank Mr.. Campbets
in presertirg the petition said that hs would like Tho
matter attended to at the esrliest momeat ~ nsx1
Saturday would be judgment day, and number "
cases were pending against the bank, in which heavy
judgments would De taken. He thought that the
judgment creditors should not be preferred 70 The
other creditors OF the bank Therefore an assgnmsee
would do equal justice TO all The notes Of the Bank
Of Pennsylvania, az well as the certificates OF deposf
aIe selling at discount Of from 5Od55 oenk.
Should the assignment not be perfected before Satur
day, and certain large judgments be entered thsy
will sell probably at even at greater discount
Tie Lorcu Courier Of the 18th inst, says
Lat Saturday the Middlesex Company receivsd
an order for 30 cases doeskns 10000 yardsl which
was filed and the goods sent of tho same day. Ths
morning they received another order for eighteen
1860 yardsl, which are 10 be cent away to-dsy.
These cloths bring 81 yard, and are sen! 10 south
ern markets"
From Tn. London TYn,. Jan. %
The Bank of England to-day have reduced thskr
rate OF discount from cent, at which 1t wss fIeA
On the lfh inst, 70 v cent. .-. n
The ,noyomont would have been fully justified lAst
week, and no doubt entertained Of its bese
adopted to-day The stock Of bullion now held u be-
leyed 10 be nearly million in excess Of the average
amount in former periods when the rate has been ~
that time
Bcs,inl Ss oos.dembs totsi overdus from Au.iS ths
Ht% Es a.aG'iaas' as ..dy ne.dy
and hs .tcs 80 9T ens., ah .shI R MS aTs, e. -
e Years the rate has undeT cent than half -
end ST. Js sTes1' y BE- sA wSrs.
Fr the a., week OF two q ss ,s ssns Tor a.
Day led !. dcn aad they sAi ey :. only ef avey
L: & e s ;hc been pS SG; sa s.d. % "h' 10
The l ODD a e M "a: s,9s e. ssss,
nsnced renewed csP.e from which there v~ ony psrA
s3 Gei whence hey improved go, redacoo II ~
Bank rate o. discount creating seners mne.s Of tone Lsw
q 1hs 7e. Of SsISu. offensive pssrsgh, in the sdArs.s
s tR 1s to iss a o !:s =.
ped euss then csa.ed speculative 'sss and :adds: -
lat tf.n.se,ions were sS,Gs5 Tor money and eSi sSi -
I new ,esOgrt on the h q MsIfh Bank Suck isn & sss -
ds soei 2isd25; India Bonds 49, es and EkeAeqos< se
- rs premium
The Directors Of the Bank OF England, 1 thsL
weekly meeting to-day reduced the minimum rese O.
discount from y cent, at which i was hxed % -
18th inst, 10 y cent. This T. the ,owes ~ W..
hss been known since Sept 8, 1885, when me reserve
of notes was ony g SS, 800 and the stock Of ceie
and bullion fl42i7 80 Considering tas ssss = ~ -
discount market ,'ogt Of door, =. sos s.ut m,Sas y
no 81. On, dste therefore p ~ s ~ sss y ~, ny.
sa 2, ,c 10 cent The Directors sP1s .ssi sss:sss ~
@ ~ S - Z ,b- .tep Until the coin and but9n ead neno
n1 -is ,.~rye OF ell so m1st ~ -
s,o seS however that there syery prospsss 1sSy
nm, III. .uppes o god coming s'EwSd n0@ vsssss eas>
ie. s 80, 80 - y ,od sent into tho Bsrk 70 day VA 90o
4, ,hs B.nk OF YBpsrd 20 Day e .gpceoos we!, = NJ
s eS nSney /. excessively issse sad socd H.s srr
"a I, cent, II exeptouL traL ee1ons Akr 49,
III L,srr terms Ia fss, there V sdeq1ss se(y
II. md boSefs of mooey expeikccs ths gssteS 80
90, sisfbs snp,oyreut FOX a. In the Heok ksoAeeo -
s-,r-, ne hr s.as on Governn,sat az seeunces
NJ. on Loc ton tont<ock banfs arrsusced sSssJ
.,cis, is tAs ssss Sowsd Coz depssA rhs 49,
sssss Vssk sls~ 2 osss eN u tsssss ~