New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-25


A. - cf come 81 eco q fictitious paper being
We g ~ cf four Of .te banks and some private
% 80. me perpe:ra;or Of the forgery has len the
cc,tv The heretofore Ign Standing OF the party ana
~: -ec.iou with some of orr most respectable ciii-
n, I've caused mach wonCement ard more aston
In,,nt Tie causes which Induced the deviation
f,om rectiiude and integrity are only copjectured-
Ale 70 say they traced 10 the same sources az
,borsanGs Of cases N other parts of the world the
ordress for the gaming table and l.s attendant re-
suIt ment-
I2c Data says:
"For some time il has been binted thai considerable
paper puiportng 20 be made by high parties ana ne
eotia;ed by party who has heretofore held nleh
standing has proved TO be fictitious or forged THIS
morning the matter became known TO the pu6hc gen
orally and has caused great astonishment Inc hig1
standing Of tie person implicated the unblemished
reputation which his father held in our midst daring
reedence Of over forty YEAR, and which il IL thought
had fallen on the derelct one, the high eonmercisi
connections Of the finn with which he was connected,
has caused much unpleasant feeling Inc guilty party
| has we learn, left the cliy.
The death Of the Gent Of the Pittsburgh and Bes'
ton Mining Company Mr. Charles Avery, s announced.
TIE Reading Railroad Company reports tunnage OF
10 s29 uns for tie week ending on Thursday last and
for H.. season I6 3 ur against 205 65 tunsto same
| date last year.
| AT Boston the Money market is easy al previous
rates At Philadelphia the Money abun iantly
supplied with capital and prime paper is scarce and
| wanted at 9 y cent T. annuIn. At Baltimore the
Banks are dscOunDg TO fair extent In the street the
frst-class rates are l0d12 T. cent Gold is cent
| premium. Exchange on New-York, 29i = cent. AT
| Cincinnati Exchange on the East is 2d5 T. cent
premium. Money s without important change.
Much dissatisfaction is expressed by the 81. Louis
papers at the non-resumption Of the Missouri banks
Tie Democrat carges that they do not intend to re-
sumo soon, as they find it to their interest TO keep up
the present system which, it says, will make the COM
munity bankrupt if ii is much longer tolerated.
In regard to the Cosl trade, The PotsrRe Miners
| Journal of this morning says:
The business Of the region is almost entirely sus-
pended at present. At many OF the cOleres there s
scarcely hand al work, except merely TO attend to
the machinery and keep the cOerles IN order There
are but few driving gangways and there Is no dspo-
sitOn manifested 10 make arrangements for an In
| creased business this year except where coieres
were partially suspended last year. This IS unques-
tionably the wises and in fact the only policy that
can be pursued by operators in the absence OF any
demand for coal and the present state Of the market
This policy, II is true, bears extremely hard on the
laboring classes but under existing circumstances
we cannot see how il can be avoided. Our region is
prepared 10 meet any demand that may be made on
IT, with but little preparation and that preparation can
| be made whenever the demand requires it,"
The aggregate amount of imports at Buffalo 10 1871
| was over S3G,0000C0.
The Message Of the Governor of Michigan says:
THE State tax for the last three years has been ex
ceedingly light not exceeding Oneha' of mill the
dollar on the valuation Of the property, while the
average State tax from the years 1898 10 1850 averaged
about three mills on the dollar In the State OF Ohio
the State tax for q number of years averaged over
five mills on the dollar of valuation and yet during
tie present arrangement in currency and business it
might seem burdensome and nexpedentto increase the
rate of taxation. This necessity undoubtedly be
avoided by authorizing temporary loan of $50 600 to
meet the def 1T in the State tax of this year, to which
amount are so properly limited by the Constitu-
ton and also if found necessary, by the issue and sale
of stocks sufficient to redeem those previously Issued
and falling due at the present year. invite your par
cular attention to the report OF the State Treasurer,
which states with great exsctness, and particularly
the dmnuitiOn in the receipts as compared with pre-
vious years. Ii will also be perceived that he has
paid sl47 032 30 of the public debt during the three
years Of his administration
From The London Ners, Jan O.
The funds to-day experienced extreme fluctuation
of nearly = cent, owing almost exclusively to the
important settlement now in progress. The market
opened without change, hut soon sustained fall OF
T. cent. Ii then transpired that enormous withdraw.
ais of stock were being effected by the banking inter-
est, and a rebound at once took place. The closing
quotations were / q cent above those OF yesterday,
and the highest vet touched 1t is estimated by WELL
informed persons that the amount of stock withdrawn
from che market q, ;ho present settlement by bankers is not az
min sua bdir is taken by the Bank Of England slone.
Bankers sIe Of coee extremely anxious % replace he SOCK
which they forced temporarily part with 10 most cas-.
By raising loans upon III during the late orsis The important
above referred shines Tie oUseNatlOs WLch
repeatedly made upon this subject
Owing 10 tic abundant supply money thus poured into the
in that es.abhn at the low rate OF cent per annu
The other Departments Of the stock Exchange were waAe IN
the moug bGtsubseq emily improved aud closed with Innes
Owing to the reasonable viii the Bank Eng
80 tosv rrcI more liberal scale. Probably number
persons held back nr; the rate was lowered six pr cent Inc
pay she hank will continue large oil through he present
month large Of bills discounted in November arrive
maturity II the discount maTk' also the demand or money
active but in Lombard street and other quarters good
hills freely discounted al g cent or one 2 cent bo" the
The amount Of gold purchased by the Bank to-day about
s75Coo making total Of about st3Ooo since "Wednesday
At Paris to-day the Three Cent Rente declined about
cent eos e. 80 ~ mSpsy .sd .So for the end Of January
At Amsterdam yesterday Austrian stock ro'e 9 cr' and
on the Boure the Austrian fund. rising al cent and the Tx
change on London dec-iHins from lo.i1@lo.l4. - .
opened this morning the price fell 70 81 a. and closed
at 95 buyers" for the hb Of February the Pce was FRS
quoted as recded o. aid closed a; 95i buyer" The
continuation ruled TO day about z The official bus
IePoI; follows: Three Cent cono; i money s
81 si X diy Thee Cen's Reduced sis g. So , New
IN Jan lseo 26 9oysr AuHuitiys' jan 1850 1916 Bank
From The London Meas Of Jaa. 9.
The Directors of the Bank of England, at their
weekly court to-day, reduced the minimum rate OF dis
| count from T. cent at which IL fixed on the
| 9th December TO z cent. With a stock OF bullion
| amounting 10 upward Of twelve millions and three
| quarters and with large and daily increasing
serve, other course was open to them. IL is be-
eNeO tdl, soon as the Otdlu consequent upon the
dividend shall been the bank
viii b. It'll scieTy 10 warrant reduction Of the
The action Of the Bank OF Eng aud however
minor imp rtGnce since the good bills in
open market already low 5GS y IL exceptional
cases take Place below T. the Bank
England and IN the discount market the demand today
only moderate. The general supply Of money continues
| Cf the means Of empll ynent foT H.
In Of the movement by the Bank Rpgani the
banks have altered their Of allowance deposits
Some allow more than others. The London aud Wesinn.,
Bank will IN future give p I'll deposits old snd new
except below &Sp which only y viii be
allowed The London Jout-Stock Bank give +
posts The Union Bank Of London Commercial Bank a1d City
Bank give T. s deposits The OF the Bak Lon
don q F1aly the London aud County Bank
will take in fresh deposits above q cent, bat allow
O. % - Missing
Tn, allowed BY Mcssrs. Osesend Quincy Co Is =