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and Banking Company, claims the correction of the report that be was about to declare a dividend from the assets of that concern. The notes of the Bank of Ithaca are redeemed at the American Exchange Bank. The Receivers of the Union Insurance Company will make a second dividend on the 13th April. We have a letter from our correspondent in Cincinnati which states that business was very dull and money matters anything in a worse condition than before the resumption. The currency is composed principally of Indiana Bank Notes, which are 2 to 3 per ct. below Ohio country money, and notes of an unchartered institution, the Traders' and Mechanics' Bank, which are 2 per cent below Indiana.Merchants in Indiana pay their debts to Cincinnati in Indiana money which is 6 to 7 per cent. cheaper than Cincinnati exchange. New York 10 a 11, Indiana State scrip 45 a 50 dis. Illinois State Bank 60 per cent. Bank of Illinois 25 discount, all for bankable money, not specie. Letters from New Orleans speak in the most discouraging terms of the appearance of business matters in that city.Every one is much embarrassed, and in fact apparently "chaos is conse again." The Merchants' Bank has broken and refuses to pay the checks dra vn upon it by the Commercial Bank of Natchez. They were selling at 10 to 20 per cent. discount. Itis reported that the Merchants' Bank has misappropriated about 150,000 deposited for the redemption of these checks. The Exchange, Atchafaya and OrLeans Banks have been closed by the Attorney General and their assets are now in the hands of the Board of Currency. The Louisiana and Union Banks have been sued for a forfeiture of their charters. It was reported that the Board of Directors of the Louisiana Bank would all resign, but this was disputed. The Improvement Bank will be immediately put into liquidation. Proceedings had been commenced against ten of the sixteen banks by the Attorney General. It was supposed that only eight or nine of the New-Orleans Banks would weather the storm. The Cashier of the Atchafalaya had absconded, owing butn small sum, $500 to $2,000, unless a larger deficiency should be discovered. Matters in Philadelphia were wearing a better aspect than for some time past. There was HO excitement in relation to the Banks, and the difficulties which appear to surround and render resumption impracticable, had vanished before the attempt. In fact, it appears that both banks and people are easier than before the resumption took place. At a Convention of many of the Country Banks it was resolved not to resume, but to abide by the Relief Law. A majority of the Committee appointed to investigate the Towanda Bank have reported that the assets are more than sufficient to redeem all its liabilities. The Mechanics' Bank of Burlington, N. J., has made arrangements with the Bank of North Amersca for the redemption of its notes. The following Delaware Banksresumed specie payments, says the Philadelphia North American, to-day: Bank of Delaware, at Wilmington; Farmers' Bk. of Del. do.: Union Bank, do. do.; Wilmington and Brandywine Bk. do. The 20.08 of the Farmers' Bk. at Dover, and the Bank at Smyrna are received in deposit at the Smithtown M Bank. New-York Market. ASHES-The sales are only in retail lots at $6 75 a $6 621 for Pots, and $5.50 a $5.62 for Pearls. COTTON-The transactions to-day reach about 1,000 hales, at previous rates FLOUR-The market is firm to-day at SG 25 for Genesee. and some large holders refuse this rate No important sales. Ohio Canal $6 12} a $6 25. About 600 bbls. New. Orleans, afloat, sold at $6.061. In Southern there if not much doing. but the market is Arm. Georgetown and Brandywine, 5 871 a $6. Small sales Brandywine Corn Meal, to arrive, $15,4*mos. GRAIN-Corn is rather more plenty, and heavy sales on Saturday and to-day of about 8,000 bushels white Vir ginia and North Carolina, at 56 cents, weight, for distillery 800 bushels Jersey at 62k About 2,000 bushels Rye, for the East, sold at 61 cents. Oats are plenty and declining Nearly 8,000 bushels Southern are in the market. Wequate Northern 45 a 50; Southern 40 a 45. The last sale South ern 2,000 bushels at 45 cents.
