New-York daily tribune., 1861-08-26
The aggregate for the three weeks is'
te6i.......s,.......,....,.. sV
laGc, bS'oSS
Decrease: osse:.......'.."'.';..::;':o.;;c:'~l' -: o;c ~l''''

tation and decreape Of specie for the same reason
The mercantile credts are still diminishing, and but for
the Government movements the Benk loans would %
considerably below $O0, 0,OO00 900. The hve millions
of sxty-day Treasury Notes taken by tho Banks fal
due on the 9th proximo and will be exchanged ior
the new loan under the late arrangement. AS soon
az the Secretary begins to draw the loan VIII run up
very rapidly without corresponding decline IN com.
Even under the Government loan tho amount VIII
hardly nach the highest point Of expansion toucned
In 1860.
At the Bank meeting on Friday the annexed report
was made and adopted:
REPoHr Of ne Conn itss on Ayydnoe,aent OF DsdGs
Your Committee, who were appointed az meeSlh9
of bank officers held the 18th inst, and TO whom
was referred the plan adopted st that ineeung WIN
the various suggestions in respect TO detas and VINO
were instructed to adapt them TO the existing arrange
ments for the exchanges between the Associated
Banks, beg leave 10 recommend as follows, VIZ;
lst That the notes be dated August ~, lSol, ana
have balf-yearly interest coupons attached.
I'd. That all sales be made at par and accrued in-
tereet.
30. That sales made, whether by any bank in the
Association in either city, or by the Government, DO
for account of tbe fifty millions.
4th That in order TO facilitate the business OF ex-
changes loans, and egualzaions among the Associated
Banks In New-York, the existing Loan COMMITTEE,
under the general direction Of the TreasuryNote Com
mit.ee. provided by Section Of the agreement with
the Secretary of the Treasury, shall receive and hod
on behalf Of tho associates, tho Treasury Notes
awarded to this city.
They shall divide the drafts drawn for the payment
of the Loan by the Secretary of the Treasury among
the banks pro rata Of their subscriptions, and notify
them OF the same.
That on making the depodts with the Assistant
Treasurer he will furnish each bank with duplicate
eeeip,s for the same the original Of which shall be do
lyered TO the TreasuryNote Committee and tue dup-
cate retsned by the deposiiiug bank. The Chairman
of the Treasury.Note Committee will indorse ON the
duplicate that he has received the original.
5th. That the Treas1ry-No,e COMMITTEE shall make
all sales of Treasury Notes. and shall report daily 10
the Loan Committee the amount thereof. Ihe Loan
Committee, receipt Of such reports, shall apPolton
the ame to the various banks and send 10 each IN time
10 DO included In the exchanges Of the folio wing morn
ing q draft for is share on the bank when may Do
selected the depository Of proceeds OF sales these
dafA shall be for the par or principal ol tne ncIe
only The amount received for accrued interest on the
notes shall be divided semimonlhy, alter deducIin8
all expenses.
6th That the Treasury-Note Committee make re-
quisllions upon the Loan Committee IRON time 10 the
for such amounts Of Treasury Notes as IN their udg
ment may be required TO supply the daily demand.
9TH. Tie proportion TO which New-iOrk shall be en-
titled Of the proceeds Of Gales made by the Govern
ment on the Fifty Millions, shall, as received, be
divided among the banks, in like manner as sales made
by the Treasury Note Committee. ,
S,h That the Secretary of the Treasury, IN making
bis drafts for the payment OF the tlEy Million Loan
sl Ill draw upon tie lh VIC
as that OF the award Of he loan TO them, VIZ: On
New-York 10 per cent Boston, 20 per cent and Phila
dephla 10 per cent Of the amount drawn Tor, AMI IN
making payment for sales made by the Government,
he shall remit Ia like proportions
9Th. That for the purpose Of equalization between
the .ee cities which shal be made by the Treasury
Note Committee t will be necessary for Boston and
PLiadelphia to repor. 10 the Chairman Of SAID Com
mittee on the evening Of Tuesday Of each week, In
time to arrive in New-York ON Wednesday morniog,
full statement Of the amount OF Treasury Notes re-
mining UNFOLD.
10th. That all debit balances Of money TO be pad
in exchange or notes arisiug out OF such equalza-
on between the three ciIies shall include the accrued
oterest 20 date Of payment. All reoetrod by the
New-York associates from such balances, shall be
treated sales made and aPporioncd as provided for
in Section five.
That all sums paid by the New-York associates
upon such equalizauons except the accrued interest
shall be sp )ortoned 10 the different Banks, and paid
upou the crafts Of the Loan Committee The accrued
interest that may be tnus paid shall be charged IN sc-
count against the accrued interest received.
Repeatedly s1t uted, -
JAMES GALLATlN,l
GEO. y coz,