, 1865-06-17


The Scotia brought The report OF smother
large fai,ure In the Esst India trade namely, tnat
of Fnlcher, Cooper d Co.; but the rumofcd bank
fBilures at Bombay were not confirmed.
MONEY II plenty In st. Louis, aud tho d.
Count market is easy At s@1s 2 cent 2 annnm-
Eastern exchange is steady.
Money in Cincinnati Ia plenty, and discounts
are moderately easy at Gls q cent q annum.
In Milwaukee, Eastern exchange ID steady At
pat buying and prem. selling.
lion. Freeman Clarke, Comptroller Of the Cur.
rency Bnresu, Treasury Department, Washingtoa,
has Issued the following circular, relative to the
redemption oimntilated National Bank notes: ~
InBAeuEI DEPT OFFIcE or CoaPTEo1LEH}
OF TUE CURRENCY. WASHINGTON. D. e..
The following Suggestions are offered relative
to he redemption OF mutilated circula,i9g notes
FIrsf-The notea are to be redeemed By the
banks by which they are respectively issued. and
should not Re returned to this Office 10 sums less
Stsond-. .Mnu!ated notes which havs been torn
or defaced will he received, when presented by
The bank that issued them, provided ali the trax
turss are not 20 ir oblitslsted ths, 1t rsnnot be
determined BY what hank the notes were is5u9d:
2hird-FrsRments should Be redeemed BY
banks n fni when accompanied M Sy ~ san hdsvs ~
stroyed. The sood character Of the af1,nt should
s1so Re fully yonched, for By tbs odaesr hefors
These sfidavi:s mnst be forwardedto this otare,
with the fragments ~ which they relate. In order
that tanks presenting suth parts Of note3 may OBJ
tojn credit I0r the same.
Exceptional casas may occur IN which no atids-
Wit can be obtained, and where no reasonable
doubts can exst in regard to the enttte de.ruc-
tiou or ir1eparable damage to m1ealng portions Of
notcs-as bJ fire, acids, &c.-whe1e evidence Of
i'd. nifty f. ample By the signature Of oae or both
officers OF tltle or locality Of the bauk and tho
denomination Of The note-~here the integrity OF
the biil.ho.ter Ia uue1cephonable, and where no
qsestson could arise IN regard to fraudulent or
,nprupsr use Of missing psrta; in such Instance
judlci0us Discrimination must necessarily be ex'
ereised ny the officers o! bsnks: It Is. however,
advtsed that such notes be received 1t their fnlt
yAiue and pessets nute given therefor, record
being preserved OF the fact to be sent to ths Office
with tie mu:lsied uote whtr retrfaed for re-
dempt!on BY the bank, IN which case tull credit
viii oe allowed In this deDs1tment.
Fou'th-Whtn no sstisfsct,on c.n be ostatnel
IN regard to the missing parts, and po.slbtlity
exi:ta that any Improper use eau be m3de OF the
&.me. It /. recommended tnat q pf5ptfttouats val
ue only he allowed, estimating th,s by cump Itson
OF the po,t ton returned to tie missing pirt.
A tetosd ehonId be kept OF tee amount nl1owek
dered to thts 0tNce, WHEN the mutit3ted note or
notes khall BE- returned for redemption.
Comptroller OF tha Currency.
In Louisville the demand for money has been
better thin for some weeks past, and the banks
have freely taken ali offered Of first clsss charac-
ter at per cent, the rata having been hezetofore
1os. An abundant supply Of money exists. but
'the plsshora OF months past Il not now apparent,
owing mziply, Io doubt, to the large anonat. re-