New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-01-09

AZ tie Of Debt Of the refusal
Of the ,s,are Of 1883 rxt'a session upon Gov VIII
sIo', recon mendation TO levy tax for 1859.
The Chicago Press Of Jan. 4, reports:
The two decisions Of Judge Wilson, of the Superior
Court of Cook County, settling eoptrover;ed points in
tie General Banking law of the State, will attract the
attention ofthe bar the banker and the bnsness men
from Chicago 10 Cairo They printed in our col
umns this morning. The
First; Afiims the right Of the Legislature to amend
the General Banking law, without submitting the
amendments TO the people for their rati6caion and
the
Second: Obliges bankers TO pay their obi cations
without tie unnecessary deay consequent upon doing
out tea and five cent pieces ut the rate of $l5D day;
ID n word To redeem heir notes business men are
obliged to take up theirs, in prompt and willing man.
ner without any Of the vexatious bubbles which 40
many OF the fagnoney men have resorted for gaining
time.
Railroad rates on pork from Cairo to New Orleans
have been fixed at GO cents -four so cents on pound
freight 30 cents cwt From Cairo to Memphis
pound fieigh. 20 cents. From Cincinnati TO Cairo
heavy reigbis carried at 40 cents p cwt.
The Cincinnati Gozette of the 4th says:
TIE paper maturing to Jay was, as anticipated large
in amount, which caused an active movement III the
WY Of checking; but the demand for loans not as
heavy yesterday, snd though II was still active
CONF aTed with TIE supply Of capital, the market
easier, and the indications regarding the immediate
future " ere looked upon ms favorable. The receipts
Of currency from the country through mercantile CHAN
Lels are liberal ami city bank balances are on the
ncease. Altogether nattersappear TO be progressing
in tie right direction and bankers looking conf.
IDENTIFY for gradual improvement from this Iime for
ward.
TIE collections absorbed good deal Of New-York
Exchange to-day, aud this with improved local de-
maId, gave tor to the market, which firm at yes
teddy quotations. Some of the dealers, however
thou bt they Uncovered signs of weakness in the i'm
mediate future Considerable amounts of ,ston Phil
adelIha ard Baltimore Sight were offered from the
provision trade bud the rates were lower than for
New.York. Boston was boulh t as low as 20 aud as
ligh q; Baltimore at 25a30, and PHILADELPHIA at
e 81. Bankers checks were premium on the sey.
tra cities Int roui d sums Baltimore and Boston
could have been bought shade below the general
market. New-York was firm at prem. buy my, aud
prem selling
The bill 10 amend the general railroad law, intro
ductd in The Assembly by Ne. Rusk, provides:
"That when default is made in psyment of interest
or principal upon any railroad mortgage bond tho
holder tball have the right of VOTE ia person or by
PROXY in am ual elections, for every 500 Of principal
~ d interest unpaid.
"No railroad company ehill pay part Of the con.
pOIs falling dpe on the same day without having funds
on hsnd 10 pay all tie coupons aus
"Requre6 railroad companies TO furnish any stock
holder or Assessor, three days notice with lis of
all stockholders, then addresses &C., provided fee Of