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COMMERCE AND INDUSTRY. Gold closed in New York, on Jan. 30, at 113 1-8. The George Washington Bank, of Corning, N. Y., a private institution, and controlled by George W. Patterson, has been closed by the Sheriff. The liabilities are $100,000. Many of the depositors are poor persons, and there is much excitement in the neighborhood. Charles G. Hager & Sons, bankers of Watertown, N. Y., have suspended payment. The President has approved the act to enable the Commissioner of Agriculture to make a special distribution of seeds to portions of the country which have suffered from grasshopper ravages during last summer. The Arkansas State Grange met at Little Rock on the 27th. Every county was represented. General Butler has introduced in the House a bill for a postal telegraph system. It provides that all telegraphic lines of communication shall be made post roads; prohibits preference being given to any classes of business, except Government dispatches when certified to by a proper officer; provides that all telegrams shall be privileged communications to the same extent that sealed letters now are; requires rates for special telegrams to newspapers and commercial news associations to be the same, which rates shall be publicly displayed, such rates in no case to exceed the rates charged to the Associated Press and other press associations on the 1st of January, 1875. Following is the comparative cotton statement for the week ending Jan. 29:
