The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-04-25


whether bank ia paying Southern drafts or not
Ave presume that the Southern moneys now lying
here which are said to amount to several millions
Df dollars, will be drawn for in favor of Western
produce dealers. Would it be treason for New
York bank to pay Southern draft in favor Of
Chicago grain dealer? For these and other still
more obvious reasons, the District Attorney with,
drew his letter this afternoon.
The following was the business of the Sub Trea
sury to-day
For customs ........................ ~ geo 70
Payments. ....................... Sisgzo -
Balance IL ,ZoSoi4 ~
The exchanges at the Bank Clearing House this
morning were SIG, 496.77l 4s, and the balances
3l,Ol9,415 OF.
The committee appointed by the Chamber of
Commerce on Friday last, assembled on Saturday,
and elected Peletiah PERT, Esq, chairman, and
George s. Coe, Esq, secretary. At an adjourned
meeting, held on Monday, the chairman was re-
auested to write to the Secretary Of the Treasury
respecting the balance of the stock authorized TO
De issued amounting to about nine millions, re.
commenting at the same fine an issue of Treasury
notes. The following resolution was adopted
Resolved, That committee OF three be appointed to
correspond with parties in other cities in reference to tax
ing said loan.
Messrs. James Galatin, Stewart, Brown and j. Camp.
BELL Jr, appointed said committee who ha issued
CHANGER OF COMMERCE RooMs
NEW YORK, April 23, 1861.
Sr-At special meeting Of the Chamber Of Commerce
called to consiaer the present alarming condition of the
Following gentemen-peietiah Pert, Stewart Brown,
Nm Aspinwall, J. J. Aston, Jr, Aug belmont J. N.
Morrison Nor r. A. stewart James Galatin Moses Taylor
Jacob Campbell, Jr, "to procure subscriptions for the
balance Of the stock Of the United States authorized
fho n fhn
ing TO about nine millions dollars, and to communicate
with the Secretary Of the Treasury the subject"
were chosen 70 correspond with parties in other Cities
and to ascertain how far they will participate in this sub
In accordance with the duty assigned to us, VIC beg
seave through you TO ask the co operation of banks in
s,hoI A., ana ndvidua IN your city ana vicinity and
An one week. the amount which we can rely upon through
the Secretary Of the Treasury lie required by law to re-
ceve bids for six per cent stock after ten days adver
xsement, and authorized to reject all bids he may
Atlnk BEST otter which he may issue at par, Treasury
notes bearing interest at six per cent convertible at
amy time, within two years INTO elk per cent stock
The committee have recommended Treasury notes as
best both for the government and for the subscribers
sdera,ors to urge the utmost energy in this sabscrp
Hon than that the government require it,
STEWART BROWN, Committee.
J. CAMPBELL, JR.
AS no other communication on this subec. viii be
made to your place. you are respectfully urged 10 take
prompt measures TO accomplish the object
The New Orleans Pica1pne OF the 18th inst. fur.
nisbes some particulars Of the opening of bids for
1he Southern confederated loan on the previous
day. We copy
At nre O'Clock precisely the commissioners Nessrs.
Sam Smith, Jas ID. Denegre Ed. J. Foresall and John j.
Nobe-commenced receiving bids atlthe Citizens Bank
steady stream OF takers poured in from that hour until
1wo NJ when the books closed for the day with sub
amounting in the to ssOgt three
small bids so that the time of the comm ssoners in
cessanty occupied and they were unable to l up the
after the final closing OF the books the day after TO
row. 10 round figures, the banks and Insurance. com
posed of private subscriptions The bids were of course
all at par. Unlike the loans recently put forth at the
was d Or be @ n
ready to be put up Considering the perplexed condition
of the money market under which even the best secur
mot only remarkable degree OF confidence in tho govern
ment, but patriotic determination also to sustain the
administration at any cost against the virnlent crusade
of black repubcanism. The subscription books win be
opened again tomorrow a. nine O'Clock. Bear in mind
ahat they close finally Friday at two P NJ Let every
come forward and take to the extent of his means
and by doing secure good investment and sustain
roses wa shall publish the do Of the bids We Snder
ptand that $3.50 coo subscribed this morning Mont
gomery for account Of New Orleans residents.
At Mobile the loan was bid for by Northern
men, indirectly the Register, Of that city affirm
ing that.
In private conversation with leading merchant Of
ahis city yesterday found that he and number OF
others ranking among the most 'solid men in the
immunity had determined to subscribe for the loan the
whole amount Of their indebtedness TO Northern crcd.
aors, upon the principle that the first fire exchanged he
7ween the and the United States troops
An inauguration OF and that their duty 70 their
government compelled that course. The moment the
independence OF the Confederate States OF America
recognized they would be prepared TO settle the claims
pf Northern creditors They meant TO take no advau-
7age shrk liabilities for which they amply pre-.
pared but patriotic impulse guided them TO the very
policy which every jurs could have told them the
policy dictated by the universally recognized principles
pf inter national law.
The st. Louis Democrat Of Friday evening last
reports that Eastern exchange was scarce at per
cent for Missouri funds. II says
Coin Is not to be had sufficient for the ordinary market
ing Of the city, The country Is in sweet condtonthe
result OF secession-broken banks by the hundred and
Sine prospect for few thousand of broken heads The
people will learn after while that treason and rebellion
Cost something's and II honor aud integrity induce
ents do right, dollars and cents VIII bring them to
aheir senses,
The weekly statement Of the Philadelphia banks
presents the following aggregates, compared with
those Of the previous week.
Aprl Is. April 20.
Capital stock 81 SIS, SOS 1,s10,095 Dec $500
Leans. ........... 254454l 25309,955 Dec 100 4sT
Specie ............ 6,6T5122 6,1s6011 Inc 100 $50
Due from other bks. 2,Q20 1862 2010i56 Dec. $500
a oil hanks 5i2 l5s 3332 O73 Dec eli .0e0