New-York daily tribune., 1861-05-30

prieee well Afford 10 lake tnere notes III Tayn"'
The North American Fire Insurance Company las
declared ,clip dividend of 33i p cent for the year
ending May /, and cash dividend of cent on LIE
CAPITAL srock.
Tie payments TO- day at the SabTreasury on account
Of tie uew loanwere about $iOO,OOO These payments
csuse 10 change in the Money market, but VIII agey
reduce the speeie average in IL next weekly s'a'e'
ment.
The money market is without change, the low rates
charged on cali loans with approved collateral oeing
c,ntnued The negotiation OF paper s sili cohhneo 10
frst.class signatures and with some exceptions Dry
Goods paper is wtlout rate. The quotations, which
are nearly nominal, from z 9 ceIt y apnum TO
y cent q month, while Grocers paper finds currency
at7alO q cent T. annum. The want of confidence in
Dry Goods paper TO increase rather than dirnn
ish the season of email payments approaches, and
the want OF discrimination Dg buyers of paper is
notable fact. Because few houses have expanded
their business beyond what prudence would dictate it
ia supposed that the whole class Of merchants engaged
i'll that department have been pursuing q system
of overtrading, which s not the fact While
that business has for few years past gradually
centered among leading houses and induced them 10
attempt 10 monopOze the trade, there many job
bers who have been conservative in their views, and
have contnaed in the same course which they have
puisued for years. Having good capital, ttey have
been disposed to hszad il by the policy Of their
neighbour and therefore free from the effects OF
the panic if they had carried on cash businefs and
never easy in their payments than to dsy
We know of particular instances where jobbers of dry
goods have been in The market making investments OF
their surplus funds TO greater advantage than they
could obtain in their legitimate trade; yet if their
paper was offered TO the steet, such 10 the want of
knowledge and hence want of confidence on the part
Of the note brokers 1t would scarcely cell at IL or "a
y cent y annum
Treasury Notes bearing and Y cent interest are
selling extent for the payment of duties at ~
p cent discount. There has been some movement OF
gold toward Boston and Philadelphis, the balance Of
trade with the former city being largely sgainst u.s.
We are also losing some gold to the West in conte-
Quence of the absence of currency there for the NOV
ing of the CROPS. In Domestic Exchange there s no
important change at St. Louie The rate on New-fork
is 10 y cent premium, and at Chicago ! TO v cent
discount for gold.
Several States are in the market for loans for carry
ing on the war. Vermont wants $500, 600 at y cent
soon want two or three Million New
J,r,ey has advensod for $500 OOO Illinois for 000
OOO, and Indiana for 81 100000. The advertisement
of Illinois is follows:
PROPOSALS FOR LOAN OF 81 600 600.
fOfciall SPRINGFIELD, III May rs, 1861.
Sealed rorOs, viii the ocg o. lie Treasurer
q the s o. I III S @ q ss ss or' & .Sa % ns
Exchange Bank n the Cts Of Newlot uu II o'clock
the State Of noi. in with Ofue
Legislature led ." An act Grazing fo and to
call vOultesT." approved Msy2 Ial The ,tu. Il.
.gsd 10 te eoar.ed at tie pleasure Of e stat .s year
the rate Of xix = cent per sunum from the st day Of july, eo
bond pssVe beae viii coupon.
schsd PAYABLE the 6 Mondays Of January and July of
sqscS in b., d. Of sico each $4,000 In bond, Of $40
each, sDd 600 900 10 bonds Of +l ooo e.en
d,roui acn Of bid for ind be
ossed nSst be drpS.tsd ~i ,o@s bsni 10 Tie City Of
Springfield ino or in The City Of Chicago iilnci. n III,
u,t the offer u ect to the order o
Of the State OF illinois said Certificates TO be returned in case
The person, whose bid accepted viii be required de-
a. % rrh q h Of ss the 's :: Of M Z.
American &c Bank e the c, Of New Yo,t .sjtes
sich time The bond. will be read, for delivery III. pls"e
NJ. dSsr Of ts bond ai cshrswe in be b
hs right reserved to reject any and s Of the bios " cond
'fd proposal. S' Ss sasa and
ss!:Ss:s s;s S$';ls:s g.. ys,S s3sS'a.'
RICHARD YATES
Governor Of the Sse q Illinois
JESSE X. DU SOlS Auditor.
WILLIAM BUTLER treasurer.
Both Illinois and Indiana have been in high credit,
and their stocks have been sod above par.
The business OF the Clearing House to-day was
again smsl-$I3, ,957 ,O0O
The Howard Insurance Company has declared
dividend Of 10 Y cent, payable on the Sd OF June,
proximo.
Holders Of Jeferonville Railroad First Mortgage
Bonds will find an advertise ment in another column Of
interest to them.
Some of the Southern cities Issuing improved
currency in the shape of sbnplasters for five cents. IL
takes sheet of them to buy gass OF old rye.
Business at Chicago has settled upon sspece basis,
state of things which has not existed there for long
time. The Tribune says:
In the heavier t,an,scGr Of bs city ns.Iy ~ Illinois cur
that all .sles there should be sds opon coin bs,
More oSn ..os @ ~ n 0.sD sT, mouth, S.o.
Prepssticns are m,tpg TO supply the t'ce Of osr
city hss reduced M business ess, portion Of
specie aud will DOT t: bills n Transactions usse
suoup Of s issue viii doubtless 70 w.y the
channels ads The bank Of the State Of indiana has made
circulate s bills ia thi city aud throughout the
Stat. i.st prodeoes snd 'sey will PRINT The stss
sss Of ous o. tn. way. g' e." ' so ,sy
coDmod.io and in sddition 70 q. ,b unSs.'oSd $ & tbs.
board early part Of the week. Hence. very few days
.ufce put In svey mans pocket no has tie
whervwithal to exchange for It.
The N. u. Poayune says;
la Caund let street. the conversation turned chiefly to-day
on the stoppsge Northern vessels that have arrived IN port
uce the 9Th IL h Understood that orders to that Effect
have ben transmitted the Collector that accordingly no
Will be granted to vessels Ia that rstegoTy ship
with tobacco the Spanish Government and now resdy
for refused boz Psps': is mSnps Both the .nppes
Of tins and viii probably receive an
OF planston .
fbe steamship Arzons from Brsros Santiago, has brought
ia Ms1ican portion OF this has TO be invested
will relieve the market Of OF