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M o N ge Y M A R K E T. Wednesday, Oct. 23-6, P. M. Stocks continued to depreciate in value at the board today. The sales were small and at a general decline in prices. United States Bank declined 14 per cent-Delaware & Hudson It per cent-Vicksburg 1 per cent-Farmers' Loan 5f per ent-Utica & Schenectady 2 per cent-Canton 1 percent-Boston & Providence 21 er cent-Harlem 11 per cent. Sales of Indiana per cent bonds were made at 50 cents OM the dollar. The rate of sterling exchange is8! 94 per cent, $4 82 a $4 86 the £ ster. ling; France 5 12). $10,000 Philadelphia bills were sold at 9 10. Money continues exceedingly tight, notwithstanding that the banks are more liberal. One institution, the bank of America, had $300,000 offered for discount and did $50,000, most of which was renewed paper. Our banks would expand their accommodations were it not for the pitiful movements of the United States Bank, that purchases with their notes, such mercantile paper as they can dispose of for the paper of our Banks, which, when obtained, specie is immediately demanded. For this purpose a certain auctioneer'snotes have been largely used, whether with the knowledge of that gentleman or not, time will assuredly explain. Some little change has been made today in the redemption of money. The following is the present arrangement, but it is almost useless to quote, as there is a constant change from hour to hour. The following is a list of all the banks whose bills are now redeemed ac the State Bauk. The Bank of Utica, the Oneida, the Ontario at Utica, are redeemed per cent and others at per cent. Ontario Bank Broome County Bank Ontario Brauch Bank Central B'k, Cherry Valley Oneida Bank Jefferson County Bank Bank of Utica Bank of Monroe Albany City Bank. Montgomery Bank The Merchants' Exchange Bank redeems the following at per cent discount :Rochester City Bank Mohawk Bank Bank of Owego Bank of Auburn Livington County Bank Bauk of Geneaa Bank of Albany. Utica Branch Bank The Leather Manufasturer's Bank redeems the following at 4 per cent:Stenben County Bank Rome Bank The notes of the following banks are redeemed at the North American Trust Company, at par :Orange, N.J.5's and over Farmers' Hudson Farm'rs and Drv's, at Somers The folowing are redecemed at per cent Merchants& Farmers at Ithaca, Commercial, Troy, Bank of Syracuse Delaware, at Delhi Genesee County The City Bank of Buffalo is reedeemed at 14. The bills of the Bank of Buffalo is redeemed at 2 per cent at the office of Drew, Robinson & Co. 58 Wall street. T. The Cayuga and Herkimer Banks are redcemed by J. Smith & Co. at 1per cent discount. The notes of the banks of the state of New York, not redeemed by special agents in this city, may be set down at 3 a 5 per cent discount for safety fund, and the " red back" notes at 4a5. The comptroller has given notice that the interest on the city stocks will be paid on the 1st of November At Beston the pressure is very severe among the manufacturers Large amounts of paper have returned from the South. The bills of the City Bank, Portland, are not received at the Suffolk Bank. There was considerable demand for money in that city on Monday, and to some extent on New York ac. count. The brokers were disposed to check at par, but the banks demanded premium, which caused a demand for specie to the exfent of $25 000. The banks of Providence had meeting on Saturday to arrange a system of mutual exchange, in com. pliane with the circular of the bank commissioners to that effect. The banks recommended a" Committee of Supervision," to be composed of one from each bank, to decide upon the terms on which balances shall be settled, and upon the security to be given by debtor banks to creditor banks, in case such a course should become at any time necessary. " That the Providence banks receive the bills of the city banks in deposit and payment, at par, and pay them out without dis crimination" " That all checks on the banks be drawn payable in the cur. rent bills of City Banks. That in accordance with the recommendation of the bank commissioners, the banks do all in their power to keep up the free circulation in the community, of the smaller denomina. tion of. coin, for change, and refrain from issuing fractional bills That when the banks make their exchanges and settle their balances with each other, it shall be done by 11 C'clock,A. M. on Tuesdays,and the pay ments shall be made in the current bank notes of the other banks in this city, or in such other funds as the creditor bank may accept. That the banks, in all their transactions, hold in view an ear. ly resumption of fspecie payments. That all the dealings of the banks with each other, and with all persons, be conducted with a liberal spirit of accommodation and forbearance. There is apparently but little change in Philadelphia. It is rumored by the bank that Mr. Jaudon had sent positive infor. mation by the Havre packet, that the Rothschild had covered he bills protested by Hottinguer. As Mr. Jaudon was in London on the 21st, when the Liverpool sailed, he could not have written from Havre on the same day. Letters from Havre state that Mr. Jaudon was in London, and the bills were unsettled. This was probably the case. The banks have been in session to day on the subject of the safety fund money. At a meeting of the directors of one institution, it was agreed to receive and pay out safety fund money provided the other banks came into the mea sure. There is little probability of any arrangements be. ing made. The city banks cannot receive safety fund mo. mey on deposit, without increasing their specie liabilities which they, just now, are not in condition to do, and to re. ceive them as special deposit would not remedy the evil. The country banks owe it to themselves to make some provision for their bills. The brokers charge now five per cent for all not redeemed in the city, at which rate it will be profitable for in. dividuals to buy them up and draw specie. This but a few, and those of the sound banks, can stand, such have it in their power to make deposits with the banks here to meet their bills on the plan of the North of England banks. The Suffolk bank more than 14 years'ago commenced collecting the bills of the country backs, and sending them home for redemption.This caused a great outery, but resulted in foreing the banks keep deposit in Boston-a system which has ever since been found to work favorably. Such a sy-tem put in force now would break down a number of the weak banks of the interior, and thereby accelerate the reduction in paper credits, prices, and bank capital, which is now progressing. As the suspension goes West, the redeemable and irredeem. able banks continue to be separated. We have mentioned that the Cincinnati banks, with the exception of the Commercial, have suspended for thirty days, which is the time allowed by law. There is no excitement there. and if the New York banks hold out, they will again resume at the end of that time The anks of Columbus and Zanesville will not suspend. The Bank f Hamilton has suspended. On the suspension of the Cincin' mati Banks several ranners started for Louisville, to draw spe cie but were anticipated. The banks of that place all sus. pended with the exception of the Branch of the Northern Bank which institution received orders not to suspend for the present The demand on her for specie, was very small and no excitement existed whatever We see in these movements a continuance of the chain of sel vest banks from point to point, and forming a sound basis or which to reconstruct business after the wreck of the speculative institutions shall have been cleare away and prices have touch ed their lowest points. If we take a list of prices of some
