The New York herald., 1865-06-24

without trouble at ave SIX per cont and there arc
lenders than borrowers At these low rates Of IN
lsres There very NIUE ao,ns ~ discounts 10" n"t
the lower grades out Of favor al higher rates the
stock market Is without much animation either lor
investment or speculation The orders to buy dividend
paying securities restricted generally TO moderate
zed amounts with the exception of the demand for
government bonds
The Cincinnati Commercial of the 2ist remarks
An improved demand for money experienced by
Of the banks but the supply of currency IS ample
and the discount market is working easy, the banks
taking all the approved paper offered Rates OF interest
in the open market are per conf, nrss
class signatures and 10 for go9S pTsnsss innr,os
increasing, and balances steadily accumuiatlhg
good demand for exchange is stu reported
BY most OF the banks and with only moderate
receipts tho market Is still working rather Close ana
rates are firm at SOC 75c premium per u wv 9uyns'
sna scs Which no some ms ago eonso
dated the Saratoga ana whitehall with ITSELF forming
continuous line Troy xs Masnap narosa ns om ex
tend ng from Eagle Bridge to Rutland, distance of
sixty-two miles.
The President this morning approved the appointment
of Mr. H. H. Van Dyck Mr.. stewars successor in the
ubTrcasury at this port In accepting the resignation
of the present occupant Of the office the Secretary Of
the Treasury wrote to him the following letter. which in
dcates that feeling OF appreciation of his services at
Washington which is so fully felt here, and which has
gained for him the respect Of the financial community
TREASURY DEPAgraENr, May 13, 1856.
MY DEAR SR-Your favor of the 11th instant is re-
ceived rendering to the President, through me- your
rcsgnat OF the Office of assistant Treasurer Of the
United States and Treasurerof the Assay Office of New
York. to take effect the Goth Of June next or earlier
IL SUCCESSOR shall be appointed and prepared to enter
upon his duties.
Your resignation Of the office tho duties Of which you
have discharged crecab'y to yourself and so satis
factory this department and to the public, although
not unexpected by me, is received with deep regret
am under personal and Official obligations TO you for
the aid which you have rendered in tho discharge OF
my duties financial minister OF the government, ana
for the kind and manner in which this aid has
been extended to me.
You accepted, from a sense Of duty to your
country, tho position Of Assistant Treasurer and
assumed tho great personal responsibilities OF that
position in trying period Of our financial his
tory, and you have tho satisfaction OF having
accorded to you the honor Of giving such counseis
and performing your duty in such manner as to have
aided materially in bringing up the credit OF the govern
from its greatest depreciation to It's present salts
factory condition.
With best wishes for your success in whatever posi-
ton you may hereafter occupy am dear sir very truly
vour obedent servant H. McCuLLOCH,
Secretary Of the Treasury.
JOHN A. STEWART, Esq, Assistant Treasurer, United
states, New York
The business at the SubTreasury to-day was a. fol-