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propriated to pay these Bonds, and he informe the bolders that be will pay 95 canta on the dollar, with interest to May 1. at the Mercantile Bank. Those who do not accept this offer by the 15th of May will not be paid antil the Bonds mature. A divident of Y cent has been declared on the stock of the Chemung Railroad Company, payable on the 31 May st No. 38 Dey street. The transfer books will be elosed until 4th May. The Messra. Harper announce that they have resumed payment in full. Tae Provision market continues seited and buoyant, with sales of 4,500 bble. Flour was heavy in the morning but later in the day, when it became knownthat the Liverpool market had improved netead of declining, the market became firm. Sugars are down te, and dull; and Coffee is quiet. In Cotton there in but little doing, and the market steady. The Tea sale went off with & fair degree of spirit. The trial of Thos. Allibone and T. A. Newhall, of the Penneylvania Back, comes off on Monday. The three banks of Richmond, viz: the Bank of Virginia, and Farmer's and Exchange Banks, have resolved, after the resumption of specie payments, to throw out all notes except their OWD and the notes of their branches, and the notes of such banks as may provide for the redemption of their eirculation in Richmond. The Canada's news, though announcing & elight decline in Consols and a dull market for American securities, proves quite favorable to the immercial interesta of this country in its reports of the activity sod improvement in the cotton market, although the letest dispatches report a slight dollness. The same dispatches describe a firm market for breadstuffs. The statement is made also that "large policies of lusurance bad been made for the shipment of specie by "this and succeeding steamers," & fact which is significant of a considerable accession to our stock of coin. It in evident, however, that the policies were not exravagantly large for this (the Canada) amer-the amount actually received being only $41,000. The latest dates received in England from this country at the sailing of the Canada, were to the 27th ult., immediately following which an advance in foreign exchange commenced. The next arrivals would therefore check the export of coin. The decline of Consols is not explained in the Telegraphic dispatches, but has probably some connection with the payments making for the India loan, to which also is ascribed 60 increased demand for money. The funds were firmer at the close, sympethizing with & slight improvement on the Paris Bourse. Money is profusely abundant at all the sources of supply, and the inactivity of negotiations is quite as decided as heretofore reported. Discount rates, if any change can be quoted, are a shade lower, and paper of & satisfactory character is very scarce. In point of fact the difficulties of employing money at cheap rates of interest have seldom been greater than at the present time, either outside or inside the banks; and the season has 80 far advanced without any material restoration of trade, that the supply of capital promises to be quite as excessive for some months to come. First class paper is quoted at from 3 to 6 P cent; loans on call from 4 to 6. A letter from Elizur Hart, esq., Receiver of the Orleans Bank, says: The greater part of the assets of the Bank is in real estate, which, if it could be sold for cash, at fair or former prices, would pay up in full. It looks now as if it would be a great while before the bill-hølders can be paid. I think the bills are selling for all they are worth, under the present aspect of the assets. I am looking for better times. If they do not improve, it will take several years to turn the property, and know what it ultimately will pay. The bills sell here at 58 cents." After a meeting of the vessel-owners and agents at Chicago, relative to freights, the following document was submitted for signatures: " We and each of us hereby agree to abide by the esolution adopted at the meeting of the vessel-owners, agents and masters, held at the Board of Trade Rooms on the 19th of April, viz: not to accept or offer to take less than 8c. freight for wheat to Buffalo, or 12c. to Oswego, until the report of the Committee appointed at the aforementioned meeting is received and acted upon." To this thirty-nine gentlemen responded with their sign manual. They represent the bulk of the tunnage of the lakes. The meeting acted in the utmost harmony. At Chicago, on the 19th, bark Jesse Hoyt, with oats to Buffalo, at 31c.; schooners Fontanell and Miami and bark S. B. Pomeroy, with wheat to Buffalo at 5c. After which no charters, on account of the proceeding. of the forwarders. At Milwaukee, 9th, freights were very low. The Arrow and D. O Dickinson take wheat to Baffalo at 5e, and flour at 25c. The present quotation for merchandise to Chicago from New York is $4 P tun. SUMMARY of the Condition of the New- York City Banks as shown by the Quarterly Statements of March 15, 1858. Capital of the fifty two banks, including six not belonging to the Clearing House Association, viz., Grocers', Mechanics' Banking Association. Dry Dock, New York Exchange, Ball's Head, New York $66 County
