, 1862-10-01

TUESDAY EVENING. sept. 30, 1867.
The day has been dull and:etotmy, but still fair
amount Of business T2s done. In addition to the I
vast amount Of produce constantly changing hands
here. notice that large quantities Of cotton are
arriving daily by the Illinois Central railroad from
Cairo This, In a time when money is specially |
abundant should be conclusive as to the certainty
that IT would pay hat deomely to manufacture it
largely in this city. This L. as 1t seems to us, 90
plain case that no further argument should be
necessary to induce our own and Eastern capital
lets to act In accordance with it.
The morning dispatches showed further ad-
vance on Gold in' the New York market, the rate
there being .ss4 and come dispatches made ittouch
a. Tho tuylng rate here was 2G23. Tfansac-
tions were not large for he want Of the means to
make them, or in the afternoon, when the reports
put it down to - In New Fork, buyers would have
been ''blue" enough. Now that the scale has
turned, most parties expect to see it tumble
down as rapidly as it has gone up.
Old Treasury Notes were quoted in New York
to-day at 21K; here they were bought 191K1ea.
The spec1latio1s On them in New York for the
last two weeks have been tremendous.
Silver waE bought to-day at about.i5 4 cen. pre-
mium.
TuE NEW REVENUE LAw.-Tha new revenue
law goes into operation to-day. Much anxiety has
been felt here and elsewhere a. to the effect of the
Law upon the legality Of contracts, deeds, bills
payable bills Of exchange, &C. for 1t has thus far
been impossible to procure the necessary stamps
from the government The following section,
therefore, a1nendatosy IT the act becomes imoor-
tant. Its object IL to remove the legal disability
IRON al euch Instruments. dated within the pres
ent year, which msy not be ttsmped, without re-
leasing the penalty foz issuing them without the
stamp, when aid where the stamps can be had:
SEC. 2. And be it further enacted That the 9sth
ternal revenue to support the government and pay
interest the pabllc debt" approved July l. 1854
| paper, made signed, or Issued prior to ne first
day Of Jdnua'y, 1863. without beng duly stamped.
duv thsleon sh for thst ause bs
| deemed invalid and Of no effect: Provided, Aoa0-
eteT that DO such 1nstruuent document, OF paper.
ehall be admitted used as evidence in any court
nntil the same ehan have been duly stamped, nor
until the holder thereof shall hare proved to the
satisfaction Of the court that he has patd to the
| within which such court maJ be held the sum OF
| fye dollars Tor the use Of the United States.
The penalty of $500 viii induce every one to
| procure etamps, if such thing be possible. Our
business houses and an others would do well,
therefore, to procure supply, ~ directed BY the
Government Assessor for this district. In para
graph On the fourth page Of our yesterday issus
TREASURY Observation-Disclosures 70 Col
1EcToRs or EuE FRoNT1kR--The Secretary of the
Treasury has rent the following Instructions to
the collectors Of the port Of Buffalo. and it il un-
dezstood thst similar regulations will be enforced
| along the whole frontier:
TREAsuRf DEPARTMENT, Sept. H. l8s3.
sR: fou Afe hereby Instructed to permit no
| vessel to unload NJ your port until the master
pc11e muet be received except during the hour
| pre4<1lbed by law
.t pfeht, require nodtdcssisn q thIs n1o ordsr to
prevent delaJ in the prosecution nf tholr buei.
J nefe. you ere antho1ixed. Or the owners the.eo,
| making application to you In writing, to uomi.
Late to me Geputy. who thall It such time o1
night H may be NECESSARY reoetvs the reports oi
The masters 1t euch seamboats or prup pslata, tu-
| epcct ar4 ce.tiff their manifsate, euPeriutend
III II unloading sne gralt to them carries and
ci,a,ances II required. The compensation Of such