New-York daily tribune., 1858-02-23

Messrs. CARPENTER a. Vermilye will pay March l.
the interest coupons of the Saratoga and Whitehall
Railroad, issued for the Rutland extension.
The adyices by the Arabia quite favorable in
regard to the American loans in the market in London
The prospects of the Erie loan continue to be encour-
aging Mr.. Moran had lett London for the Continent.
The subscription to the loan here has reached nearly
a. 200 600, and, with the London subscription, the
aggregate s about 81 300 900. Mr.. Osborne, Presi.
dent OF the Illinois Central Road, has received an offer
for the entire balance of his loan, subject to the pvl-
leges of the holders Of the July Rights, and has we
hear accepted the proposition to the extent OF sO0 Ooo
Both Mr.. Osborne and Mr. Moran will doubtless return
entirely successful from their missions.
The City Controller invites proposals for $l7O,OOO OF
New-York City T. Cent Stock in shares OF 800, and
redeemabe at the rate ofs7 900 annually, commencing
July 1860 The proposals will be opened on the 10th
of March next, at , p. m.
We hear as yet of only $4,000 in gold engaged for
tie Wednesday steamer The shipment will doubtless
be small
Treasury Notes in better request in the Street,
and are not abundant. The discount has improved to
Iaa q cent Speaking Of Treasury notes TIE LoHdo"
Times says:
Exchequer bill. experienced further improve
ment but their position compared with other English
Coverpment securities s still unsatisfactory. While
our three p cents are at 90, the United States five
cents are at only 1903, but the American Government
can circulate Treasury notes bearing out cent IN
teret while Is found necessary that our Exchequer
bills should carry f3 l6l. This Is partly to be ac-
counted for by the fact tnat the American notes are
made receivable for Customs dues, and will thus at
all times be prevented from falling below par. Ihe
same rule used many years ago TO apply to the En-
glsh Exchequer bills, but II was abolished without
the slightest reason and that step, coupled with other
instances OF mismanagement under the predecessors
.l. han lI.r AZ o ll l.N
DESTROYED the repute they once enjoyed, aud which
properly should always attach to them."
The Ogdensburgh Second Mortgage Bondholders
have organized new Cooperation, and have elected
the following gentlemen Directors, viz: w. A.
Wheeler. Presidents G. w. Nesmith, J. w. Clark, t.
H. Perkins j. s. Edridge, Onsow Stearns, Isaac
Spaulding. j. II. Kettel, Tmo. Hoyle, s. f. Brown,
sydney Lawrence. The Second Mortgage Bonds,
amounting TO about s3OO00O0 are TO be converted
into stock at 50 = cent making total Of 81 100000
Stock. and First Mortgage of 81, 100000, in al
S3 900 OOO The original cost of the Ogdensburgh
Road was over So 600 O0o Of which, in the foreclosure
Of the Second Mortgage more than one half has been
exnguished entirely.
Cbss. NJ Wellington has been elected Cashier of the
Manufacturers Bank of Troy, vice Chas. p. Hart,
esigned.
The official Bank Averages of the week show that
the specie reserve has touched point higher than
ever before known-S3l ,ll6O76, being increase Of
81 ls9 900 over the previous week-and the actual
amount is even still larger than the above unprece
dented total With the comparative cessation Of
foreign shipments and the ortnighy arrival of Cali
oinia gold there every reason TO anticipate that the
reserve viii continue increase and run up perhaps
TO $40 900 600 The line OF loans shows small
traction from the inability of the banks to find paper
meeting their requirements in sufficient quantity to
employ their receipts. Notwithstanding the activity
of stock loans and the paper picked up in the street
these institutions have been unable to use all their
sccumulations The amount of new paper being uade
is still veiy light and the business OF the banks is to
gres. extent confined to renewals The deposit line
has increased over million snd half, and, We think
shows nearly if nci quite, a. large az accumulation Of
actual depos,s a. our banks have ever known-over
A. 600 O0O The accumulation since the suspension has
been ss 600 OoO ard the accumulation OF specie
81, 0tO.
The following is comparative statement of the
condition of the banks Of the City OF Sew-iork
February - and February 20:
Feb. -. Fec. IL
Lo,ps ...S las 7o5 7Si sl05 7S55os Dec. s7s.57l
fffg "a . 1Vs fan All