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This loss falls heavily upon our companies, aud will deprive many of them of the means of making a dividend for the coming year. The majority of them have always pursued the vicious system of dividing all the prots and some of them more than the pro.

 ts in order to give the stock value by declaring large dividend. The consequence is that they have never surplus to meet unexpected losses, and the a.opt fell yesterday. The Manhattan. for instance has 30,000, and they say the loss will be $l4OOO,

 the capital is 200 900, the loss s therefore pr ct or one years dividend. The origin of the fire is not known; business this spring has been far less than was sxpected-goods have fallen greatly in price, These facts furnish grounds of suspicion, which would in this age of refined credit system and "Bank morality," if confirmed, excite no surprise.

 The famous Pennsylvania revenue bill has, as be-

 eve wrote you, become a law by two-thirds vote in both Houses. This bill provides principally for loan of $3,lO0,0O0, rcdeemable in five years, bear. ing an interest of 5 pr ct. This is to be taken by the State Banks, which to pay for in notes of $5 and less These notes to be rcdeemablc for State dues, and for debts due the Banks, and redcemable suspension to be legalsed until the State redeems the stock. The present market price of Pennsylvania state per cent stock is 6l, consequently the bills must be at least 20 per cent discount. and as they do not bear interest, and are convertible, some further depression must take place in anticpa. ton of their issue. The rate of exchange on Phla. dephia has risen pr ct. It is said that many of the banks will reject the bill and abide by the penal ties of the old law.

 Money affairs in this city are very much the same as they have been. Money is plenty for all legid