The sun. [volume] (New York [N.Y.]) 1833-1916, 1862-02-17

TIE Uusin,,s at the st,,k Bprl wa ssry large
this morning and the dispositlut = sell was more
m'tAei Prices were, however, wei, maintained,
aui ia mp.i c,se, there was a. mp,rt,ut improve
ment over tie prices " yesterl,y AZ m ,rniu4.
At auction there were s,lss of Illinois 6,H -Ot =
siii, and lows Is At OK, rr account " the lii
nous State Auditor.
The cleafings 1t "tne House" thit morning were 9
si7tio,tt7; halvuces si,ioo, t6i ',r the week
tir5,ic2,i5I balances, 9,iOT,2Ct.
The line " discounts at the banks continues -
dccliue.
Tae accounts rom England state that American
,t,oks uc very dull
Tic ffcisu cV l,nso mai.u was very frtn,
document h,l'' ur those ,t,vn by houses little
ttotu hut with iils Of lsinl attached tn the bills
vcrr, NJ EallaI Rukc,. 81. n,mc- we're lladl5I
80 day and .'dt', -at
Tio Ranks of u troi have suspended specie pay.
mut,
itcovror', COY 'rc,ic today wcic- CITY of RG-
90 ur,, s.. al, iitusa, 10000; together, t5,p.
%. '; W. ',rtlo vet, Sili5bla.
Ttcs s''iy' frou G C,urr,., I,or Ar,el vas tGit,
'if, n. r.u,r uuc tD,r bag ..r,vput.
rh. .t,tn,nd '....,t w.,s ,..s' today At g., al
~. cat.
TIE rrplg ~ n"cyi i. f,'f anI. A. c,I, . 8
I',..' .at.r 'uuuf rdr. in . ,u-c c,ss,I -. not
,.... rf'''r tn jt.s. e r.r..nl G,i p,, cent Gr
Z at uouth'.
The Trc..,fy y tc bali .li.t asset the House
will ,t'i,.u nncIdp prts the ,Nief OF which Is Tho
uiatirR the utprtst Dn tho 4 cktit,ucd by the
'c,um,nt payable u COIN THIS clause va, on
the u usc lil 10y mist ,k", ,ud unsulmously drop
r,'on motion of Nj stevens. Il noy comes before
t,p nom Tie nate. Tne object Of the clause is
o,uw,dls tu.r.. c.rnd,r,eiu tie jcmud notes.
hr will tis cIusc ,u hp new ..,u hUl have ,n,
70 .lc effect than Wien last 1uy II was inserted IN
tie uli authorizing demand note. To idea o.
uu,'us utol,omnb.r paper WA then ut,rl repu.
dated. and they were u,adc payable ir ,ou, but
the ability to pay Ia con oealct before Tive n.,,cs
were ,.i put uut. The Gpvernmcn, nuS undcrl AXE,
t. supply tredcemabls paper i'r currcn,, in alIi.
t"u to suspended Bank paper. In that currency
tI their revenues will bc, and with il they under.
tke . ruy specie To meet the interct, on ln,ps.
The proceeding Is manifest sh.irdty. n the
government raises revenue bv taxes 70 pay IT, way
tie paper will uut dcprtdic, aud It viii be- ~ god
~ gold. lfh doc. rvt tax adcI Iuatc'y u ,annut pay
an gold At ALL Take hc hanks of the L lrn, 10 rr.
dlmuy year., they ut out s!oO, ,oOo,ooU yet II never
''ctD'ly put ia specie, payable ou em,ni in
specie" but, nevertheless, alwAy floats At p1r, bo.
cause "hth Tie banks Pay ont tho money u IS IN
exchange 'or the paper Of individuals, which being
paid in bank paper cIucelst the latter. Thus, sup.
pose - h chester lauk discounts tLnjO notr uf a
miller payable ia New YORK In siHty day: Il i've.
its notes, which, u tic cuus' ot business, get down
I. the M.trupuItm n,ut ia New York. lhey are
then collected AMI fcnt homo 'nr redemption,
uut tue Ruohc,ter bank has SEN, d,wu uc mllcr's
rotc which Ne Tpd aui the proceeds take ui the
u c' rsicr lat klIs, Wui,h are thus retired with.
'i being phi in 'pccie, II the miller tdcd I, pay
Iis note the bank could not pay spcte, TIE obl-
ghan g. pay specie tie test # solycucy. Il the
,o'crum,it issued 'uo,ou0.CoO and taxed $500.
uuO zoo, the note would ,o out and return n par,
uud the government ", MA not 10 ,sksd t,r dollar
specie. Il Il rs uos the PAPER without taxes, Il
will have specie demanded of II 1t oucc aad Wlll be
utterly unable l. pay Il, law or no laW. Tie Assist.
tant Treasurer adyrriiseg ~ deps.ti q United
cent ittcrest amt return lrucipa. AMI interest IN
ten day. notice. He also adyertiscs 70 V'y the
coupons falling due February 10Th.
Tie arrivals ~ dry goods At this port have been
S9to POI tr the week, aud the demand has been
good, leading a. diminutlon Of the stock ou hand.
INIIIAALI