The New York Herald Newspaper, October 9, 1857, Page 1

WHOLE NO. 7708. MORNING EDITION—FRIDAY, OCTOBER 9, 1857. ment” in rege d to the defalcation of Mz. Frederick W. i 2 PRICE TWO CENTS. im care tha borbkers deciize acting in joer) with Louts, that 20 by come our own. ba confides. ce in ‘he g001 faith of each oiber, ‘The rcmarke and rcscioilons of General Reuney were veneed + ‘th mvch favor by the crowd otty, falleds; Mabit- New York ofty, sur. wil ‘undoubtedly Pay In THE REVULSION. SUAPENSIONS, FAILURES AND ASSIGNMENTS. 3 Pertey, their late correspon: secretary. They “every dollar of ihe couvibavens to the saolery’s fonds bas been scrupulously apoiied to the benevolent objects which the donors designed to promote, #0 that whatever Joesen or dieartore ms Hew zee 3. is weaa mea 2 5 7 fl E 1 + 2 ? = ha uk ae | ‘TCHOL) 8 Wal nest ap-eared on the stend aad ported the reeolaticns of Gaseral Ranney > fours. New York city, suspended, | of the society its obarity fund has been sacrediy po'eo ed. and offer t2 pay to full. icale dopeitene recety soccunted for theli § 3 F E Meetings of the Merchants of St. Lonis and Ohi on Serr & Underdill, Townsend, Romar te referred to a committee iy ay } é that the eoclety was some Dreseat of ihings cur commerce was ceollaing, our stro.te vatively dereried, aud car merobants walkisg about “\ what embarrassed the beok dopartme! ie nondey wom pemires in an lonary depar'ment there was no alarm felt, and arrangements were made for Walker, Worth & Oo., grocers, New York city, sua Sargent, Brother & Oo., hardware, New York cliy, sus- MASS MEETING (N PHILADELPHIA, rE 7 i ‘nis state Of affairs, and it was now absolute ns >ereity that E i i carrying bem through the preseet financial crisis, re a surp'cton ot Mr. Port something sbould be cone i pended. The Defalcation in the Sunday Van Valkenburgh & Oo., straw goods, New York city, ‘a doiinquency was notbirg todo. There was e palpable canse, hy raid, for ne. remedy the ovi!, and, cessery, let us act as cur own benkers and brokers Had the proper rteps been taken three weeks go, he believed | Oopy the rest of the atas: ment :— This :fMcer bas alt School Union. PROCEEDINGS OF THE PENNSYLVANIA LEGISLATURE, MRSOURI BONDS AND ILLINOIS CURRENCY. Mocessity of Pushing Frank & Strauss clo bing, New York city, suspended. , Now York citv, suspended Oo., jowellers, New York olty, sus Samuel) Hotaling & Co., salt, New York city, suspended. New York city, suspandad. been entrusted with the gsneval be uainess, inclading ie money He is required to pay Over to the treasurer joolves, The claias agaimt the society, of.er bring daly aucited by @ stapcing commit toe, are submitted to the Board at a stated month! jog, and, if appre ved, orders on the treasurer, signed ay I the mectirg and coustersigned by the recoraipg secretary, are then auihtrized for heir ment, At tbesame meeting a report is also made by ihe seme commiliee, cf all the cee A O Evans & Oo . ai , : ij : i E i i : i ; i wbaecver money be E { H 2 5 F 2s 4 = Se 5 3 26 i z i" Yok Flour 340., a: d wheat 100, 27,000 buabele wheat 4 H Ag 4 ‘ E fe é | 5 a F 5 tf iH i f } Z 8 é to-day Canal ¢xporte—1,700 bbie, flour tended. 14,00 boabots wheat, 2100 beshele corn, 9,000 bushels Cropioy, dry goods, New York city, failed and w York olty, suspended. # York city, “alled and as- I luce to £2 *f Hi ? tg 5 Hi H ze HA NEW JERSEY. a ae irene Se THE TROUBLES AT THE RBRGEN TUNNEL. i A.G@ Peckbam, jeweller, RB, E, Hatch, dry‘goods, ; i f f f 3 5 ; 8 & 1d ip @ measure have been relicved then selected the committee, be were requeded i their conference yoo i of the busines, printers ity. Porter to | que notes and ing coon im Bias integrisy, gation was mado into thovo tranmc- tor s beyond w hat appeared in the monthly stelomonts of ‘he commiitee. w*ich were founded on the dooks, and ere vostained by tbe representations of the cor:espond So that whatever was duly acclety 's books, came to the knowledge and peewee’ uudor tee om Aco .unts and ihe Board. Distrust of Mr. Porier’s faithfulness was awakened by reach to matu’ ity of one ur two accop'ances which ed. “ B. Mackenzie, mentilias, Now York city, failed and McCormick & Simpson, dry goods, New York city, fail- New York olty, fatled. ote], New York city, suspended. Brooks & Armstrong, dry goods, New York city, sus am Folt & Hall, straw goods, Now York city, suspend- Rors, Newell & Oo., fanoy goods, New York city, failed, Bisko & Brown, slike, Yow York olty, i Byrne, Gibbons led t F rT] i i Hl ‘The men thrown out of employ ment by the suspemsion of work, on the Bergen Tunnel, are man'fosting considera ble dismtisfantion and uneasiness at their situation, When tbo work was suspended, on Saturday last, there was about half @month’s pay due the men, snd{Mr. Mallory, the contractor, told them that he oonld not pay them ati! the 16ih of the month, which was the reguier pay at the same time seswing them that be resumed before that time, The mejority at the time to bo satisfied with (his arrango- their idleness bas bred ditcontent, and Out of the money due aud binders, it ¢ : F | E if i E i iF EE se 2 g i | i THE PENNSYLVANIA LEGISLATURE. BENATE. Haxrwnve, Oot. 8, 1! ‘Hho Beate met at 10 o’clook this morning. ‘Mr, Wmaur prosented a copy of ihe proceeding: of a mestizg of the citizens of Philadelphia relative to the mencial crisis. Tho proceedings were printed in news. etter form. Read snd referred to a committee of seven. ‘The Braaxus pi csented a statement from the State rea warer of the amount of Siate furds deposited in the banks | ed. Joba M, Clark, butter, Charles & Maubeows, MASS MEETING oraan ya ba Puitapairnia, Cot. 8, 1857. A mass meeting of the busine:s mon of ibe olsy, to con- ibe scrutiny of ibe Com Oider the financial diffoultics, was held in this city this af- afternoon re 4 at another meeting of the Ubamber thie morning ab 2 o’clocs. The following are iho committes: ~Ganerei Iitcots, wee id adarersed the mombers as folleve:— Rot oome here armnrance to 8) befor emedy that will avert the calamii seers io threaten us. My objectin cowing hora is for the purpose of obialr ing #0 te acurate informa ton in relation to your Mate bonds—the amoun! alread» — and mn moroipg several hundred of them went Hory’s oMfice, in® body, and demandi Informed that ib was | jel dew and they were very mi iusbly agcrived to so Ou further investigation, bow: ed thai he had used the iation (0 it, for privato purposes to a eur) . ake, jer & Sloans, dry goodr, Now York city, ras Bi . ston & Ballard, grocers, New York city, sus- ‘Owe thousand 00; ics of iho stat: ment were ordered to be whet smount, If apy, Is to be issued; and con ‘Messrs. Browne, Knox and Wright presented nume~ with you, and endeavor to pr: vent their farther deprecistkhn One Evgegements of ihia rot, !a ebisb) or concern, but for w! eee areas ene ee oe aes Fer ded. io By, Bowen & MoOonnell, dry goods, New York oity, Mr. Porler by bis signa auspended, sek on extension, and propose to pay in full Yelverton & Welker grosere, New York clty snapended Chapman. Pike & Co., fancy gooda, New York city, sus- rendea, Ty Febititios of $260,C00, but have # nominal Fows petitions from the merohsnts, mechanics and manu- Seotarere of Philadelphia asking for relief and aid. ‘The bill concerning banks, reported by the select com. of your business the | ttraticn of the officers of (he mosting:— Macalister. nat afver wards fi ores Of your fmancial tro b es bas Dean attributed je amenot of Liinois currescy that 'e n>w in the hands It woud bo proper for me to state "oa ke, and upon whet security their curre! —s Sone The ontetanding oiroals'ion of the ) 20 pa:t of whick ever came (ato the posses tie of the acolety, or anpears on the books to lis credit. While ibisconf :extly believed that these upjustifablo procecolngs bave extended ihrouga a series of years, uo- bine bes cccurred sul tte present crisis \o bring tem to light, ibcugh nota litile ingenuity has beeo displayed in olsoussing the prospects of Up to last evening, bi 060. and arerewal of work. phy & Avery, straw goods, Now York sity, cere was bo evidence of disturbasco among ia hoped by those intercated se OVEr wlibout eny cutd Waa. C, Patterson, David 8. Brown, W. jobert Ewipg, 8 Morrie Waln. the gd or ya Whtlets & So., bardware, New Yor city, sasponde: Mr. Macalustaa, op ‘3 now adout five acd « baif mi)lons, by {ur and # balf milion: of Missourt and two millions acd o helf of iaterest bones of ober Satw—Kentocky, Louleaae, ia, Ternees and inels The gradusl apd orntinerd depreciation of Mtssour! bonds has affected New York city, suspen m; have a large surplus, proposs to pay ia N_ Y., asrigned. vd Be gers, West troy, NY. urbauce hes py ompted the a to notify the mil. ia to be ip readiness for duty ata mo Ment’s warning My. Mallory expecta to be apie to resume work again neat week. THE PANIC, THE BANKS AND THE CROPS. evading an eur lier devection. ai once res'gned bis office; but no disci rarca ve so been able to ascerialn rion of the credit of our bat to require the ban! thetr cireslation, & ‘able in June \ast—to whioh thoy all respon’ already organised. Mr. Wreett con, to strike ont wa Messrs, Wi = ad ae See ey en it was negatived— fal), #1. interest, oor p: lone ported bis motion by 8 P surten, Alba thes frauda ently the United States Beooming fright: some portion of | in two monibs to the smount of latms may bo covered |, and compelled the oo» misatonera o witlee or retire pou then !a May— Beok of Stork Securi y Bank of Danvii lo, and Peop! Onimi; they bid gone into liquidesion, and will pay 89 TO THE BDITOB OF THE HXRALD. by property which ass been made over Wo ine society for I notice in your emission of yesterday an article headed cers cn the dollar. You ‘Wuxine moved to extend the timo of tto suspen . Plattebarg, N.Y. bon‘ cont'nued t> go down, ard ancther cal! wan mado, pa able tho 10th of thie month and many of them have already responded, and most, if not all, will do the seme; b & atnoe your bonds heve i dep ecla'ed, and ancthe ca!l wili be necossery unless some means can be devised to bring the price of your specie paymen s bs tho banks io tho lst of July, ‘Meerrs. Wilkins and Gazzam supported, and Mr. Wright motion. Deing taken the motion was nogativel, Yeas i) fr: Uorray moved as an amendmont to fx the pe:io4 of Payments on the se200d Monday ia and 1 add a proviso to the bill to autho- arg, per cent on loans and dis- evunts, one yo nae of whica to be Tresury, » Ba bais deb, til toe ‘The amendment by Mr Br . ‘Mr Cranns inquired of Mr. Browne what measure be Remadell & Co, Newburg, ¥. ¥. Charles Hive, Blogeamplon N.Y. nuapended, aries O. Hart, ampton, + BUR) L. W Storms, Le Roy, N Andrew Oa tenon, Polarki, N. ‘thbun, Verona, N. Y , assigned. Lewis Warren, Riga, N ¥ Warren, Riga, N. ¥., eaviened. Alfves J. Wagner, Fert Pil OU, W. Oburchby an & Oo., Rogers, Eeulcktor & Oo., coal, Philadelphia, euspea tod Lippincctt, cil & Co,,'¢xy goods, Fhiledel, bir, sas- ep Whito, Stevens & Oo., sugar, Philadelobis, su: pended. Jobn Ely & Co., dry good, Philadelph! pa Allibone & Jenks, The: flict) cnfalihfvlzess which bat involved so many ies in teriovs embarrasi bcnor vpoa tbe cause of Fr mischiol toone oftbe mo tia, ps in the lacd, wae svce as Lo ordinary vigilance o,ald Confidence must be roposed somewhere, yet who will guarantee that ii wil not de abusec? It aiil bo understood, that, 10 feras we know, Lo fonds in the actual possesion abetracted, since no pars of whas was thus surre pill ualy obtalned was ever in its custody; snd it 16 to be espoc ally jaiter of thas! that not a far bing fags bas becn lost Tho wrong which «esufor resul'e “Saspexaion of the New York Banks,” in which you argue of the improbability of such an event, from the fact that there 1s # constitutional objection existing against any rel'ef from @ winding up under tho authority of a recetyer. You say, “therefore it is absurd to svpposo that the bsnks of ‘this city will suspend specie payments.” Now, allow an old merchant row cutof business— one who bas for twenty- five ycars paid one hundred cents on the dollar, ene who ‘went jhrovgh 1237, ard ore who bas no outstanding risks, although Uablo to lore largely by money advanced to ald ne word shrough your columns. banks bere maintain specie paymen's? 1 of ferue, Gsonca B Eruant sald the mosiing the ae of the bonds to ther true '@ prevented or det vied. Pe here = You bi Learn: jag this morning that the condition of the commu was Dot known to the Legiziatare, 1; wat resived to | meeting to talk to thom in tones of thunder. The question was above 1 osite of bim ip po! here. of ag specie niga i toe e Sovlety have boon ry goods Commission, our berks, jedt be extinguished. i supported by ions to our bene to bonds cpom the market; and that, t {hero is no meney to buy them. A far! will take piace; danke that aro 20 wholly from tke the Correspond: New of bis truss and for 1ne; and that te the obj-ct Waved already Of.260 millions, aad le an impr‘eeion ip the community that a luge Bore will bo tesued, and that there is no fand lo pay the interest. This, with the fowrfslacee thes will not be able to stand the spend, and thereby throw a large amount of ate tine when "bo unabie to stand the continued cepreciation, and more will bo pri borden frills wbolly on ils business dopart hope they will, but if they do #0 it should be fur a better iment. In the meaz!}mo, may we not coucently appeal io oar ty of evading the constitutional ind pg up ta the evext of a stop Barowrs, in reply, refer:ed to the bills already tatro- inquired whether the measures J, Haleey & Moore, E Arnott, dry goods, Pailac Foott, pended. goods, Philadel bl elpbia, suspended, pose than the ecesa: to enspond, and three or four millions of Missouri will be tarowm into marko!; yoar bonds will go down to a romisal value; your Staié cradit iojared; your railroads stos ped ; Our currenc’ mago valveloss; the mer- friends to come to our ald in these try iz g circumstances, ch wirayed, Bot by our 0: use of @ necossrry coal 'y sasurances from parties yous, thas th y sali we must bespéak the iatrod eet the approval of his (Mr. that he bad sabmiited the bills on biity. Ho did not sabmit them toa ‘Mr. Cnanra raid he had beard the demosratio members rectors jer cots of their stockboiders, accordance with iho spirit and them as baaks cf issve. t cegkect or error, cence? We have who old iheze upanthcrized o! pet be urged to our prejudice, ap indulgence of cibers until ¥e can recover from this severe i. and put the basiness of the ccclety on & proper vir. We cannot entertsin the thought for a momen! that an favored of God, and so y janization and egescies to bless and save 1) be left to languish and decay, bacause ants, Bo a eee broven Salles chants cf ow ‘oon merebapws 0: wis, and general baukrup‘cy foil hon'd ee ui ry believe » 808 only 0 Terao of’ the of the act from ® stoppage, but this is ‘nif so, the question will natu. then worth per ornt to the pended. Choteau, Harrison & Valle, % Louis, Mo , suspended. i ‘Wilting Falion, Mo. pended Co., bankers, Loo! Joho Smid & Co, bankers, Loaisvil nom inal asety $119,632, and Nabilides $08, jon Meinen, Louteville, "igrenepants: jatocm ¢nos ibis month will promise s sink! ‘be pay ment of ihe socruing intercet on the be 1izbt Ovr banks, at the present value of fecoriiies, even at lowes’ bave been sold for, L ove ef iis vary il ise d unable to betas ey ong ‘t,and need not seonri bas never, and 2 ever will, repudiate, She is sound to ihe ve > woald pay every dollar of their ‘otrouls'ion. The banks northern part of the Stato have redeemed Bteole &’Oo., Circinnal!, Onio, tron, sus iis enchs temporary. Jewetl, Cieveland, A. &L. Smith & Co, Warton, i «pure circulation e sixty or ninety days, io that they cen continuo to do that im the pressut specie I doub}; but they can and will red reney, that mey come back upoo them in E i if ites om Depositories and Fi-ance. ipnia, Sept. 30, 1867. 3 Ohioy Soeigued to GE i Comm! 1,122 Cumsracr Eramer, 85 tH B *t ws j a £ £ 5 i a z H i Giicago, TL, cor RS OP THB CHICAGO MERCHANTS. E i et regee!, Enel q i i f i Moore, Holleabwh & Co., bankers, Qaiusy, Ill., sus- B, Vanden, Woomtagton, I, fatled; Uabitives ' Denke Bates Ca Lo) mu wuspepded and as- Davis & Barton, Janesville, Wis., wesigned. D. 8 Durrie, Madison, Wis., avsigned. Green, Thomes & O>., Barlingtos, lowa, suspended. make cur ol! i, ve ng gaa frycaee of ve ncarchy yy TOP 4 wolleetions Dresen money ‘ S0y Totention of desire cf icrforne a ie of our meroPania with ta'n cbe most friendly relations ut rarticolarl) tbe mer cantte; issued under our vo the best and eafest we can bay The reselut!ons were uranimous ‘Tho ames of Mevers. Howe & regtnts for ihe receipt of grain, and fer at ;orsible irdoce the sending forward of grain by thetr costemers !n the country. aro the * cristae” talked of StS Seer 2. We bolieve that the movey market will continuo to accepted and adopted. cach mardheol a3 the whole ibe of tang | marks were weil rearived and 3 = ? 8 i 2 & : : Fe Henry wus followed hy Mr. Jonw Hooan, whose ro- ded. Mr. Bogen taid that ho deemed th's one of tho most tmporiant Afler considerable ¢ com ion, gentlemen, on motion of W. A Bald vin a commtttes of etx ‘wae aprointed by the chairman to draft a circciar and articles of aeecctation, consisting of the following gontic- in, of Bay & Byidwin, Of JR Mille & Oo, bol be toanemined cropt, having Pp observation In at least thirteen of the Sta’ ee, we are of the opinvon that the aggregats yield will be far greeter this yoar than evor before, 4. 1 tn oor opinion that most descriptions of stocks bave “ touched bottom,” end that those who have mone; lying idle bad better be im baste abou; making in. tabies would be tu Boston exchanges. fe latter prico the country nnd S iy tatlo ver of ibe import of a in every iremion', merohaste of 0, the tbiermal exchanges oom 8 exobanges ir & Worke Con nia money would be foo ge i it iy ore, ro waa really moro g lation among the people banksupioy tlarirg us ie ue face And worst Se . " |, thousands upon’ houses of our laboring classes browm out of emvloyment in all directions, to struggle throcgh a lorg winter, wikh thelr wives and children, the ly thie shookizg tokering with the currency bas box of wos What will the end be, d w bat is the remedy? Withovt # remedy (ho ond will be untverral tavolve: apd the enly remedy pow is ‘ae a on. C for ip tho relaidone aod srvetion mi ries 2/1 dowa wiih tt in serociation, at their mee'log jast, eonclnted pot to purchase grain ih io thetr tedividea! private Caltforria, tat the yield of gold at the mives an’ ee mente thence + remaind mep were s cnrre to spy ocmm tow orisiz ik > thin, niegerdly repreneb. For himself, he waa for bua: Louie rather then io Ohleego—buy it can; bet if we cannot, why thee with currency; for Bere Pili come when a grea) rortion, if notall, of the car- 08. f the year, will bo larger asked an oxplanation of tho objects of the — 3 ‘the howse hed made + _ Ib wat onstomary co to appo'n’ such a ointment was more wits the amual coarse aad conferred ao That comm:tiee coult, bowercr, to cousidor tae Grvera T's ir inquiry Waa pecessary for the honor of reputa‘lon of tho Legisia‘ure and the jemanded commenrurats wiih tho it inexpedient ae & boty to bay Previous meeting, and thst we ap Mey our agers ‘too objets cf the Grain Furwar lrg asvoointion, as tbe Papers wih onr se * im Wo beileve tbat fipanc’al matters abroad wil, from | a7#In as proposed steadily Improve, that the banks of F' tH comtinve to reduse thelr rates of tc*umuladons of # ny a distress, aud save bundreds from Dank- i coprequerce of 1 w era sbeuld stop their months, that {dlers should go to work, 4 expect prosperity if they that we reset the pecs ate bur icess to eomp iad meeting thea adjourned, those In atien ance sicning or'a’ to the Legisiaiure embod; irg the seali ments resolutions. of ‘The assombiage was moro satisfied with (he specchos eaolulions. the cov © a ond arstons te make pay Cur totes at maturity, ILLIF OLS BROKEN OR DISCREDITED [From the ot. Louls Demoerat, 0 \bere cancot be substantial rolief—overy expediont other cr fices to sustain our credit and There is money enoagh—ooni- thoy can break all of and that everytedy shou ct than this #1 1 vtiorly (ail. dence, there ia not. If the banks of ew — } MEETING AT HARRISBURG. The {mpediments to a ro ever held tn this city, Woe had always reong- y ry mean tn tho to fernish bie qiote ts the genorel stook; midcatio:# of ssolety tho de- ves the community, ami ear- feners! disaster ro are o raid, even in this comrmnstiy, who haye teken ovtef the bauks and soeriaily depoelties j\. Bnoh iy; and the man who, de hie gid. desorves if wheat in St. ih acto if 7; ibe retired. Mr. Hogan reiterated his comvio- & geverone and manly condderce In tech other—to siaod twgether and ald each the commbtes were to meet st the Morshante’ ie charge yestorday afternoon, w take tho subjsct mater MY ppc ay will re,ort 1 tho Chander today the rot of the country worth anythicg, tbry are most grievously mistaken proposition to bave ibe atsceinted banks of Now York recelve and pay oct Danks of this selves, with aveete | ne wal of confidence sd credit, and toa free circaistion rebarge cf commoci ies, ¢aistin fallforce. Toe collapae of the exchangess domestic and foreign, te ox The blue stage of the cholera disease is notuing Moretery eetiicreonta ara barred out by this ccndi- Hen of (hirgs, Remittances from the country ave wholly imaccquate to pay the maiuring ‘ndobiespess to the city; and crediors here of cvanty customers Dave \o take ap borh sides of thelr bil book. The country banks are ai mest wholly usclors. They hav: trust and fear, even where they the whols country aro injatousiy or favoratl; the ~ quiet Or umsevtie seoursties of ali Hak ere, Pa , Ooi 8, 1967. A large moetirg was hold here this evening to consider he present Ainsocial UiMculties. rong resolutions were adopted urging tho Lagu iavere to pase @ reliof law. THE LOAN FOR THE SINKING FUND. Atnasy, O« 8, 1847. fe prevent ibe follow 4d or broken banks of 400d a8 gold im that 8iato:— Bellevilie Bask. Bank of Chestor, Stork Seourt'y Rank, Corn Kxokange Bark, Back of Pke'County, Bsa of gia’ Sate All others are as Ea Govornor Porter pro epee State an D. found and far see! would do more to allay this fooltleh COnTse (Bal Could possibly be devise: if ecme of our argo ban tocommence cashing bills upon har: atwcbed, 1 believe relief would bo Since ertting the above, THE CURRENCY ORISIS IN MISSOURI. LARGE MERTING AT TUR 8. CHaNGr—6FEROUES LOUIS MEROMANTS’ RX- ere 7 with bills of lading OF THE ILLINOIS BANK CO! deocome objecte of save rome i low ard of ten per cent, and inserting @ valaat corrency. The comwmittes, open a vote taken 19 roooan- mend the resolotiens to the meeting to dey, were equally bye hence we may expects msjirity and mine COMMISEION EAB AND OTIBRS—MIGSOURI AND ILLINOIS erence? ato. there may be sore rirk in thie course, more im Ceolining some action of (bis sort We shall soon sre the oul: lene panic; and by and by the promotors cen strike balance and see tho oxtct profit ‘Tho proporals for a now loan of half « million of dollars for the CoSetomcy tn the stmking fund were opened to ‘ay, and the bide being unsatiefastory the loam was nol taken aauisiance in farniabieg (xcuse try Dole o'reulalion, which wi riod Ia Inerensed amounts, 1 Sew York fhe oo: to be given oot at this pe is Coa'rackd, 0 tof the same Vore'ga exchange i per com mItk20 proposed tem dors of cack to the =e might snderiake to question Governor's reasons for ca'ling ths extra sertion. Tha’ lous, = MEROATOR. SUBPBABION OF JAMRS BH. LUCAS & CO. IN ST. LOUIS. fr Low 7 Ke, the porpore of takirg some enited action in relation to 1! fo hear \he views of Mr, Heury, Bark crm setoner ef Titoois, opom the preseat condiion * the entire hall and CONDITION OF THE PROVIDENCE BANKS. Provinance, R. 1 , Oot 8, 1857. Tic following is @ statement concerning the Providence banks, dated October th:— it may bea work oF tw H the nex week ho ment important of the bi the (ogisiatire. The busi was merely to consider what continued by Moses Ball and Hitt in fe opgaker, Thorac and Sievvnsoe in oppo. resolution war (imal'y adomted, aod the oommities tod, com: isting as follows:—Mesere. Ball, Fortor, "houn, Stevenson aod Knighi—three repudlicans , leave fear given to the committee to sit dar- seepions of Do Horse correney qpesiicn, apd wf4 ILURES, ASSIGNMEN Ts. edependest, the reported . SUSPENSIONS, F (Fre oapects of li ines the large ciowd, fu waa called to order of the Chamer of Commerce. Mr. A and after remarking that be Tpremion of the views entertained by him cif Im re'ation to the a multies attending the carrency i he introduced General Ranney, who bas kisdly ‘WE With ihe following report of mie own re make 4 a heavy day, aca that bus pamcd over, leaving, however, ia mark; for ‘howgit the pe, cd, tt waa only, in Bomerons cama, by fo the accept r—by the creditor to the ‘pat @ teri me cho k te busines, and has Few merobants dotn; ovt far into ike invrior know exactly done know whetber the poter tiey have reoetyed, Binesborg, Vt, falled and assigned, New York and Phila- code com missicn morchani#, suspended. |, It., & Oo., dry goods lop, suspended. Baller, Kelth & Co., baré J. W. Clarke & Co., bankers, La@repoe, Btene & Oo. Bow the object of the mee! thevlé make noe checked out (be bo.se bas for a week cr two past, dy ihe fours of tt Ratorday evevirg, afer the suspension & largo busiores paved with the returne made Septem n increase of $176,328 28 In cirenlatton; $990,619 ot 6) euiher dark and and gloomy. hocee 0’ James H. end the fancial sky al! periee ot 1 o'clock tho emluent bank Bree, was anticipated Dy mony that '@ ¢oore would nat h are noe maturing, end on which they depend iv fome wessure lo pay thelr own notes, wili be oh bor res have to sustain is enormons, ware, Boston, suspended. Ricbareson, Kendall & Oo., ary goods, Boston, suspend. Dation, Baldein & Macomber, dry goods comminrion, ., dry goods, Boston, suspended; in Howard, commission, Boston lll 10 0’clooe to-morrow morning. [Oorrespondence of the Philadelphia Bulletin. | Basanncse, Or 8, 4857. ‘The Bouse 4i4 a obaracteristionlly rtuy today. &® reeoletion which, if hooded, would require for \\e proper ane tor, and which fe totally aane ‘ender the cirevma'anses = Tae resolation contom ito the di basin: 84 in depontie; $96,857 67 in eptole, and @ decrease of $188,828 im billy Feoeivabie, MONETARY AFFAIRS AT NEW ORLEANS. New Oncmane, Out. 887. Money is tight here. Firet clase paper is worth from 2}6 to 4 por conta month. There are no failures of oon. 2 morning U? 011 amd 12 o’elook, the onief lLewEr—M Lovie bas been m: ae r Boston, rnepended. Swertzer, Gookin & Oo, di Co. Persons, Cutler & ten of ibe Roore of cour: Biwen contince #0 uct!l the produce or ike late Ni ul ng) epeoniative movemonts io ‘anches of trade prices of all the necessaries of lifo bern rateed far abore their legitimste vale, sed the house was mill repguine wm and yaniovtrrck money A ron upon ober of the Wain street hosser, and the se- mmspended: lia. woeans suppoted to be ample to pay rtlett, angers, Boston, suspended. imploments, Boston, Ince, Bortom, snsponded, Boston, failed. sequence. There is no money for exchanges, and no movement {s poassiblo until sterling can Bricg cash in ‘The banke are extending covery facility to factors and aii is cheerfal. FAILURE IN ALEXANDRIA. Atexaspnia, Va , Oot. &, 1867, are no lorger able to keep up prices. fatten four dcilars a tarrel, and corn ‘There is pow more gold and stiver Rere than over Defore, stay in dark corners whore it will rems'n dence and credit are reetored Any move y treevion <f tbe Bill clrceltion gol veral sav!pge in titnlions of the city the bringing In of 8 week oF two. ‘which sterling rapges from 06 to in sefficiest quaniiiies will rejuire o state 0 the foreign excnange, to nly. The last arrienl was a time, sotbat wo may expect the next ma'l to Ne Proctor & oe, pro. ” If tho rom shoold be the vat ine fover ‘8 eure to deveat the yory odjeots dodred to be secomm it Red, Let your money alone im the bank, and tell your pelghbor to do the rame. ‘Tbe alarm fol owirg tho suspension of | A Lees & a Thief, or rather wae to leave, dan op the 10th uilime, and should te here about 1 come; bat tbe ques ton whick wee Th tet ‘his erat of the. i ity thet + ts in this 6 iMoaly Ubat 8 shovid soviet Their ideal eavistance this week will save numoross firme and thelr dependents from But ibe weak, timorous delays of aindy to mature before they af- The firm of Fowle, fnowden & Co. has failed, They are in no way connected wita the long eataditshed mercantile firm of Fowls & Co. PHILADELPHIA STOCK SALES. Purtapmnrema, Oot. 8, 1857, Pocks heavy. Ponneytvania fiver, 80%; Rosi ing Rall road, 14; Long Island Railroad, 7%; Morrie Canal, 40; Penneylvania Railroad, 31. The la‘ter stoske bave fallen 8)¢ per cent since yesterany, Money is tighter. MOVEMENTS OF BREADSTUFFS. Atnany, Oot. 8—0 P.M, Floor romaine very all. Salon 800 bbis. The very beat brande Generoo command $7 60. Whoat—No anles reiting at TR. atic. Corns 090.8 700, Whi koy—No Th bankers, of this city Charles Rice, straw gocds, Boston, su pended, bg 'feney goods,’ Boston, tatled. it Boston, gone inte Insolvency. Balt, Oona of Rall, Welerbury, seatgt & Oo, New York otty of P. Chotesn, J 5 religtoualy bellovo ths pore mill afford the r what he cap, and to menth, There ie ro little of the of the ptecky, Iadlana, and On o in ciou! curreney. The . sone ee Vind, aed they avo ite whirlw We oan tinod py Aa | cheerfol C7umicmance aed man fest» Mr Rassay then prevented (he following resolations: — Wherese we poostente, of B. boule and distress In mone ary 3 ihe eeverest dvetress. Chotens. ‘J bh DaRk ci eetors allow thi can very easily provide this orcmry have been THE MONEY PANIC IN PHILADELPHIA, OUR PRILADELITIA CORMESPON DENCE Paranmioma, Os, 8, 19 ‘Things seem to be growing worse aod wore dally. Fhe Legiiators te in session, bul thas far ii hae shown no Giapentiion to do anything to relieve the prosmare " geome to bo the pro deter. mined polley of the majority of the membare, ant this Io sation fa canting groat alarm in financial and basinoas rele in thie city. The beet koares in tho city have fil bich bas been the remit of the in certents tacks made on whole mastes of es, bas brow ght as upon the imp matdilitr free interchange and olroaiation «f com- moaites which is ‘he basis cf oommertial health, as the free ond steady ciroulation of the bicod is of our bodily Swift, Ransom & nded Tvtebineow, ‘Tita Yerk city , so ponder ~ & 00., dry goods commiation, New | Peitibote & Patt, hardware, New York ctiy, 1. A AF H. Brown & Oo, jerman C Adame, Now York oly, assigned Charles A Bends, New D. Carolin & for, én) @ ode, Now 1D Philipe & OF., fore Miler, Beaoley & Hell, ve ¢ +) eweulated 19 aiiord efor, 7 relief we resvmment wise and masterly the business of the tty te branches, to receive and pay ont the neteert the uovus pended bantg of Tilicol# atm dissonet af tn pew oral THA we epiar'ala ro vdteres In tay # eardn-ge of be barkerawed sr@ thin he te oy tee wil Way set } | | TOE LATE DEPALCATION IN THE AMERI- CAN 8UNDAY BCHOOL UNION. [From ibe Petiadeiphia Brletin, Oct, 8 | ‘oatiories and Fin ys eanlened. York city, suspended aneper ney goods, New Yor! 2,600 bushels, ta | 000 barre e at $5 The Committee on 1»: Immediately ( Lowed by « slight VIRGINIA. ABINPLABPRR CURRENCY AGAIM, andrea t msn ds Mod ‘sae youre inicrem. #4, others are dally following pheir cxamplo, stocks aro | » $b 45 lor caire Odio, Indiana aod Michigan, Wheat ie H. @, Nickdis & Co , (row, New York city, enspended. ticap Sanday School Union bayo published a‘ Drie! sale Resolved, That we recoumend io the bugiaess us plo,