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MONKY as A R K ET. Thursday, April 5-6, P. M. Intelligence was received this morning in Wall street, that, at the recent meeting of the Philadelphia Banks, a resolution was passed, declaring it inexpedient to send a elegation to the Bank Convention about to assemble here next week. This created a considerable sen-ation in some quarters. Oa the contr ry, from Providence, we learn that on Tuesday last the Banks of that city passed the following :It was Resolved, That the same delegati H which attended the late convention in New York. be re-appointed to attend the adjourned convention on the 11th of April inst., iz. Moses B. Ives, Jas F. Simmons, Henry P. Franklin. The tol owing gentlemen were added to the committee:- Wm. Jenkins, Wm. Richmond, 21, Wm Butler, Wm. Rhodes. Resolved, That it is expecient for the banks of thiscity to resume specie payments simultaneously with the banks of Boston, New York and Philadelphia. The refusal of the Philidelphia Banks will most likely operatein a similarferm upon many other institutions. The south. ern and southwest rs banks are equally unprepared for resemption. They may, therefore, ecline meeting ours and those of New England in the proposed Convention. On the reception of the intelligence from Philadelphia, a private meeting, we learn, was immediately called of our Bank Committee, at which it was proposed to send a deputa" tion to Phil welpbia this evening, with several new prepositions for Mr. Biddle's consideration. One of these propositions is AR offer to receive all the balan ces due by Philadelphia to New York in post notes at six, wide, or twelve dates, provided the Philadelphia banks will agree to come into Convention, and to resume specie payments along with New York and New Exgland. The issue is not yet known. These movements become once of the greatest importance. The New England and New York bank together with those of Ohio, Illinois, Indiana, and perhaps Canada, will form a confederacy, conducted on one set of principles-those of Philadeiphia, the south, and southwest. forming the counterpart. The prac ical eff ct of this separation of financial measures will soon develope itself in the rates of exchange. The discount on Philadelphia is S per cent-that on Natchez 30 per cent. These are the extremes-and these extremes will of course be increased, rather than diminished. The position and policy of our banks cannot be changed.During the last three weeks, great efforts and many negociations have been made to prolong the suspension-but all have been unavailable. It is not believed that the legislature will grant an>ther day's delay. The banks must resume in the face of the hosiility of Philadelphia per fas aut nefas. For inany months they may no be able to do any business in inland exchange or in discounts, but it is highly probable, they may turn their attention to foreign exchange. la the Assembly AR application is pending, requesting the legislature to grant an issue of State Bonds, in order to farnish the means in aid of their position in May and subsequently. This may pass, but no prolongation eas. In this state of things, a considerable alarm begins to prevail among certain interests. In the next bree months, $5,000,000 of old enga gemests-sxteasions, &c. due. The Custom House finds consider bledifficulty in collec ing the payment o: spended bonds, and a notice has been issued that" all bonds remaining unpaid will instantly be put in suit." The excess ve high rates of discount ON island exchange increases the scarcity of money, as they increase the difficulty ofcelle ting. Some personsexpert relief from the General Banking Law. which has Assembly. Whether passedta third reading lathe thiswill grant the requisite relief, seems doubtful. By thislaw, persons may associate for banking purposes. by depositing in the hands of the State Comptroller half in State stocks, and half in good mort. gages,&c. On this deposit they are authorized to issue an equal amount in redeemable paper. Very contradictory op nions are entertained of this liw in Wall street. One point is certainif away the charter of the Phenix Bank, Mr. the Delafield legislature take can re-organize the same capital in a day or two ou the new law, an I place it on a firmer footing than under the old charier. From the south and southwest our accounts represent a sin. gular state e: thingsgoing forward in Mobile, No W Orieans and the townsup he Missiissippi. Banks are expanding their are deematit. issues in every direction. In Mi-sissippi, anew bank is jus g ing into operation of $13,000,000 Capital in real estate. In that region monetary matters fast ripening for another and a tremendous explosion. United States hares fell to lay-other stocks statienary. Sales at the Stock Exchange.