The New York Herald Newspaper, October 12, 1857, Page 1

12, 1857. PRICE TWO CENTS. WHOLE NO. 771L no culation by tre endor ement of the p omisee, and thie | infled credits and fictiions values end over trading, With interes, 10 the extent of sheir onan Mg ytd the as-igveo If i) was nok pevenie With ‘belr sore o:n omitests of rninous extr: in any suoh oorporation or a3.0- | sory Bote in the commercial sease of tbe te! br Hing, defa cation, md koavery in gents it t eystom i| e | a THE REVULSION. > as hereloafier provided. ‘What ov to ity was it negotiated? If our banks mey tesa» bese apd ench like ulcers on Statements of New Jersey, Rhode Island bald bad Seoared 8 Tee persens who sball be stookh-iders of anv | those time certificates of deporit, then fe the pabiio ail’ | srould be lald open and caaterizad by the 4 = ° ‘for satisfied +r eescciation describea in the fi st seotion of | ¢x0o ed to all the misobiefs against which it was the inn | pant exeorations of ‘innocent sullerere, The onl; and Louisiana Banks, jopnsiee *By debt or liability by | Woo of the Legi-/atare to make provisioa. Tae country may | whore peckets are files wih slurder is afion ane. ‘of svch corpora ion : Fr seseciation, ily be tlooced with a currency of preoirely ibis form | loudest to cry ‘stop thief.” So is may be foared the the ene a man for ag dociared im the sald Great section, but ‘avacter. It is Bote question here whether this was | pubitc morsis and commercial integrity have made bat # TERN the reted from svob respovaibility in respect to circulate as currency; ibat wee not essential ‘ery men *ho pockes thelr cent MOVEMENTS OF WES PRODUCE, Fu = bich sbeli bave been transferred it void by the act Banke might issue promissory ended credis, aud from marble rrr wes im the payment of such debt 6: ‘ime ip any other form, not des'gned ta be used y mansiogs comes ihe anathema of ex- pe © epee msooimiion, it hey would be none the less lliegs!. So Siete, of full age, in good oul Was poseible to push such potes into circalatlun ovede aveh r ay ; ard ‘smignee of any stook | 9° currency, tt was sufficient to inducr the Logielaxure to position seems 10 71 Ted, presiors to toh delenit, abi probibi. m altogetbey. In ibis way alone could the | buriness point of sible for éebte and liabilities to the ex ort comm nit; securely protected againat the poratoility of | crisis are tres’ ‘be seme marner as If be hed been ibe owner at fucb a crrrensy, and it is tbe duty of the courts 10 see trat | se rctbaving any moral sepects le gamblers of the Exchange Valnes acd dishonest dealings, The de to lore wenn paseing events in a apd the c.uses whi E AFFAIRS IN THIS CITY, f i Five Thousand Workpeople Thrown ont of | weather the storm ‘uccusfiley. "Te, some, of the E 2 i vovm ah:cbalngs ne the deposits have been greater than the withdrawals, of contrac ing sveb debt or labilsy, with the same exoep | the verpores of tbe iaw sre pot defeated by aoy ingenious | Divine inierference. Now it ie (bie sta nus igar ot Employment, ea’ Hon in his favor Ip reepect to say atock trassferred by kim | form ot words, Weare clearly cones thatthe promise | mvral repponsirility, this practical athatrm, wich 16 w BUN ON THE BOWERY CAVINGS SANK. as herelp provided; and the same rule of respol y | sued on was made in violation of the ie acd void, a.d 0 Bost featare of the case. Ei ber eens Owing to tbe fatture of the Bowery Bank and the simi bal) to eaob subsequent assignee, for that reaton rhould have been excluded as evidenoo from ail pervading prov de oa governs oD God ‘The said receiver aball st the same time report Ceiery,, Tae Rigeent muat be reversed and the caaso irn of me japre tho order of events, or there remand Seo 31 the course of bis remarks, that althougn a general suspea- | and s:bmit to such justices true and accurate list and EBRMONS YESTERDAY ON THE CBISIS : net — ae -_ Wek the cones ee eee arteries poe ae ing . f men seem to havo solemn sion of eo owas BO means an |: ble event, yo’ al ment Be w! 1a00 int day om hess re-ognt by a 'o all disposi, Ty ‘Dat tha: A Been ‘all perecae woshd forbear, ik possibly m'gus benvotied holders TENNESSEE MONEY. ings are jms gelvgen, ss bent bn ne Fy, cno thousand elghs hund e¢ anc ‘ty, were stock! oan, 0908 war or all rons upon baaks like ihose In this Rave, | ‘f svch corporation oF arsociation; the nominal The Knoxville Aeyisier eays:— or 1g ® res] or lasting good out of thin orisia, are amply secured, was the rovult.of sheer ignuo | #ock heid by each, and tho residence of each stookhoifer, Today (Thoredey) our banks, we understand, are ro we mutt go a step bey ond the learuas of commarelal vra- for the biile cf the barks would pasa at par even if | ae/arasthesame can beascertelued The said list and | fesing the notes fall Tepnessee banks except tase of tre | dence, and low, if we can, ite moral signif wnce. More compelled to suscenc, as has been proved by the Union, Pianters’ and State Bank, of :his piace, whios bass | terrible oslsmiti« thaa any we pave hitters expe- ion of the Bowery Bask. elculation of only $40,000 and tue Bank of Kooxy {lle still | rienced have failen vpon ohere, and may felt upon Afer be bad taken his reat (the rules of the mooting leas. vs, without exbaustrg tho Dicine resoarces. of allowing of publio dis jon upon the quesiion,) some pam punishment, Th eight or ten spoke, nearly sll of whom differed from tne | feo. 16. ‘he said justice aball thereap nm refer tho wuld SOUTH CAROLINA CURRENOY. hee lately buried a first speaker asto his mm of the troablo in the | report and hist of stooaboiders to a refores, to be app rinted ‘The Chariceton News one We following nouce of the money market, and laying the respons!bi!! jes for the state | by bim, with directions, a person: | bande of toat Arate:— of tho country upon ihe banks. The leet fifteen minutes | concerned to spportion the di were ovoupled by Mr. Burr, in replying to tho arguments | corpotaien or association eu tvacied after the first dey of | sion is inade, by law and theories advanced by his opponents. Japvary, one thousand eight hundred and {if y,ana re- | They must pay throogd apy pre agri among t bli gnc ratably er ine seal Befor ba a ESTERN 1D proportion to their stock, accord! the priaciples in | wi:b ail lis disasters, the people aoc WES' PRODUCE pacar TS AT TIDE | hig act declared, axd to repurt his preoraiage touuoh Jas | were never freer from embarras mont, could aad would if Bi STOPPAGE OF THE EAST RIVER BANK, ao, 0, &o HE PENNSYLVANIA LEGISLATURE. Hanamevne, Oot, 11, 1867. or per! The House yesterday afteroova passes, un ihe second of the State Ba: king Department, have the con- " fidence of sil their depvaitors. Pending, the Senate relief bilt, with several amordmene— ‘One of our say ale wo understand, forward: ene of which strikes out the provision requiring the vack» | ed to Washington ‘or mae hundred’ thousand te pay specie for f-6 dollar notes. Cie wre. Cee ee ae a we sees he coin 19 reurn, THe javernment The efforts to change ihe time for resumption proved | Ceciiea to allow for tueso socks the Dani’ will teesive a Satie, consicerable advance on :helr original cost, and after moet, che Ddiast of which azure sh!p ip the seas, wi'a @ geort- of !ifo - beh made im loet gold to b= forg tem, may P the pride of our commerce from the ooraa, Tae kind!e op our garnered wealtn, aad lay our strorte of palaces tn yu! Jaw ine, pertilence ond war sti!l remain in the teatury of wretn, ‘wher- with urge tho rations for thoi’ ins— Ged @ twice,” when ‘< man regardetn tt not ” Meman exvatisied on the evils that might vig notice to alt ‘bts sod Habilities of euch ‘The banks of South [pa cannot suspend. A suspen. | Ore ms) agi 0 of onarter, ipso facio. Banvrsnvre, Oot. 11, 1857. sob irg toetr vaults with specie until the orieis is passed, foo of the supreme Court ia the samo fustain them ¥ ih euch @ large sopply of agrioultaral pro- | befal) us, and the blessings which hed bee! More Je a probability that the bill pending in tne doose | an re ieee judiclously in Siete stocke. ik le well knows | The recurve ae ay Pn ot Oa bar. ducte, equal to» pecle and coavortibie as omoe into eustain | the country, and evidencea the wor : that the Bower, Savings Bank, a few days since, obiatned | iey, for the lat week of Oot, in 1866° and 1067, have b NEW JERSEY. ing credits or epecie, that the resoareca of the banks Could | d¢nce in she } reeent flosacial orisie. a! , Will bo defeated to morrow by a small mejrrity, Many | OOo ooared uf 4 dolars ‘in specie in thie'way, ant | 10% {or we 2 }, have been NEW JERUSY BAPE OPaTRuEnes. be realized to any needed extent. touebed the most senative verve of this ‘+ money: jovi: frieuds of legalization vote agaiost It, ho.ing by defeatmg | were thee p epared to meet the run. All sbeee fao.8 must ‘Plour, bie. Wheat, bus. Corn, bus, Barley, bus The following acattional atatomena of New Jorsey — movey necking acd mammon worshipping 18 to got a better bill as regards levgth of time. ‘end to increave public confidence in the savings Danks 11,626 204,713 374 404 2,763 | banks have been publiehed:— pe EMS TOUCHING THE TIMES. ae oe Coe cme, snd tavennacel. tee ues LURES OF BAYES _ 29,120 87,728 116,001 791 HURTERDOR OOUBTY YANK. Jom (Mass ) Keguser reports saa, toe recent expe- BANK CONVENTION IN VIRGINIA. ha he eee ee eae aa ECL —_ BAT | cnpiiel stock eubscrinved and eobuslly puld to.....9100,000 | risnonas the-Csalems) anchugn betes’ uleoeny ovatrert’ to money, Sad ine Biosein Stain tanren ener = or on Beturday were quite numerous, 894 | Increane 19,103 Deo. 806,060 Deo. 259.498 Dea. 60,077 | Hptole on hand. aotue'ly in poeseasion of, and thas of aiiimar iustincione ip other parta Inatoad of bee eta ae ates nee Sere ae, Tee , Wasaincro, Ot. 11, 1867. | exooed 1a awount of liabilities those of any previous day | Tho agarcgates of tho recite of the above articlce 20 Property of the bani... pears Wibdrasm, ihe deposite bave considerabiy | Sod cheek ane coe ere Siem eek ee The Richmend Dispaich saye that on the 30h ult., | within the history of the country. So far as they have Sats Sa ie 2 eae TON aad 1, Dat Bae — Balence dae f-om otber banks and com; daring the panic. and teal,’ ve lo the tneetimedia importance of Plour. rat, bus. Corn, bus Baricy, bus. | Bank notes of other banis ard com; . ae 6,832,677 8 eet 93t 997,219 Tadhg discounted and bought— good. , 1 9.602,201 4,683,049 657,900 seses: evseeeeee . pl SiG on a —_. | Other assets, Nowark city bond Tes. 3 244.018 Asmar ane es 88 160 320 | Overarafa....... .. ; jwoizg the wheat to flour, lenoy te equal to 1,110 691 bis. flour. . on 3 oe The receipts at ide water Kefhen 2 feta ertioles of pro: duce, from the opening of the sto and aclading the ‘7th inat,, have been as follows :— Governor Wise instructed the Fi-st Auditor and Siste tr:a | brep officially apnousced they are as follows: g@urer to correspond with the leating suspend:d bake, | {l208 Central penetra gg maces. 90 00e 0 tnd propose that {! they’ would redeem in fifteen day | Michigee Central Raliroad Co... : Y with specie suoh of their notes as have been recelvel for | Indiviaual concerns, estimated. Mate dues, a prociamation of prohibition agains the fa ture receipt of their notes will be withheld The repre Bentati ves of portion of the banks met at Charlottes; illo om the 7th, and resolved that the course indicated by the dcmpnads of inethmen Deld'c oaforéoos wh tee over, ae Jemands ol 1 times, beld @ copferenos w' over yi teers o' thelr mills 18 regard to a reduction of wages of | crisie may he noseitnd tee ome 12} per cent, to wbica the operatives agrood. Aer | ihe breach of moral rrinclple #e vere now sulleriog the words anumbor of the oprratives left, but tae mills are ty; thas the stupendous fravas aad frequent going on as asual. ztlemesta which bad s0 repld'y succeeded It 1s stated that A. & A. Lawrence & Co bavo deter. | exch bers, rendirg distrost and destruc jon hrough all mined to shorten thelr credits, both for home and export | circles of bustness, originated |: the o dimary ohanseis of sales. Six months is the longest time given to jonbers and | businese—in thore trapeactions wbion mea call “ sharp’? large dealers who bey by the package only, and eight | —intho wholesale gambling which meu call 9; 1858 1857 of the pecu Governor was impracticable and injurious, bas thet the Oanat . May $. May 6 | banks of New Jersey and Pennsylvania, ‘months to exporters and shippere of American gos. bat which, in somo of ite phasrs ts more dis: ovest and ebject would be attained if the stl would coutribute Flour, barre 0 ‘or 19e 412517 | in Philadelphia, wi pe received in payment of The rumors as to the effect cf the times on the Morris Ca- | Ore dangerous tban mwked cards, of loa ied dics. God 202,298 ‘SUKEAX BANK pal Company, appear to be, in some important features, a eee a Lp pga ee path of \acorreet. A private note from an officer in the company, pop) } cannct afford te feax the bande ——— we ne company nave, wisely, as trey Wiek, Postponed | Frinciple He instanced the matual depentasce which all —_ thetr pert A amd ms soherged sustain society and the depen ae ceo Dearif $0,000, as compared wiih tke came poriet ian | pl&co In God, wbiob, after all, was the great lesvon to be year, but tbe amount of iscome is Greater than in any ned, and drew (he cvnc uvion thas the pretent reval- year provious to tho last. sion wee # rebuke for ihe worldlisess ana ungodil- ness of the age Ho dlecanted on the taduecce two and a half per cent by tho Ist December, to meet th» tutorest on the State debt due Ist of Jaauary, also, tat all the banks in the commonwealth, hoidiag demande againat the State, be reqaested to notify ins Trea werer that such demands may be satisfled by paymem ia ‘ PBECAUTIONS OF BUSINESS MEX. fhe esces of the creditor banks, The resolut\us The shrew: , capacity and jer, The Charleston Courter of the Sth inat. says:—¥e un alth, and wage Peeled mdon, bat eras Th ne ea eine | tm many large bonses bas sloze saved many of them from | 1470, 880,000 derstand tbat within ihe last two dave some two ihousssé | and "ibe tacriloe ‘ade to*sbuint W's (eerie. at & decided opinion, intimated ao the ma) wreck. Mr. the manager of A. T. Bacon, 1,992,800 bales of cotton bave been sold in -his market, sixteen han | ; ‘ands, Ge then alluded to the tention of prohibl ing the receipt of suspended back gener King, * | Wool, 1,520,900 dred of which were tsken yesterday, and that negotiations | living apd equipage, to whioh tho Stewart & Co., attributes ihe of thet firm to tannea for the Siato revenuos, as long as the vants acted | Ditncipin which, aa lar aa posbie” they have curied oot tm good faith; but be said he had no power to onm el tho Lona l gt ba Po CA to Danks of deposit to recetve ihe notes of euepended baake; | Poreible on . they ob. Dut as far as practicable, he would receive aad pay out eo Shaw tap. Lgpne lg Ghetr tasues, trusting to their integrity to redoom aa fast an @ have been made in ster! ng st par, and | mepis may be largel 55, and fone of our bankiog instite- | tecione are mainly ified 1t@ tateasion to aid the me wopity in this wey, if only toa limited exte asoribed. So it op the basis will be ceger to display, bonestly or otverwise, thelr badges of gentil ty, their cert ‘cates of position; aad as Jolee to notice and record facts, av thoy tho stapdard of gyadation makes Sit:la accnant of dretes return of @ borter stato of things, and sincerely hope thet | o- vreeding, the weekest heeds will holi themselves the they avo the harbingers of returning confidence. Ouir | bigtest, uml the ictot strifo for pre-eminence in style in- WISCONSIN. OUR MILWAUSIB CORBESPONDENOB. Muwavurs, Sept. 30, 1887 The Effect of the Panic in Wisconsin The Produce of the Farmers—Orops Stored in the Barne—The Farmers Hold = staple, az was vaterally to be expected under the olrcam scale that ‘backer aod Ts 4 e er ing for Beier Pricer—La Orewn Road The Miwoauiie | Wlilleese ress sr-vscsseesversnesesserssssseees@M16;O00 | piamocs bar materially” decivod i valve, wolders having | Fovse ii’aloac eemenatue that onde im baskrasicy and Conveation approved these sentimen's, aa and Mississipi Company, de. , dc. Conta vie: YARMERS’ _ OF WANTAGR, been forced to snbmit to sacrifices to effect salor, The | pas lef: bebind it. {io the track of @ tornade the ww- [Pledged the faith of the respective banks to carry oui Since my arrival Bere I have been jooking around to trensscticns of yesterday show a deciine of fall two conts, | ering monarchs of the wood sre the Arst to wresve with views. ea eeengn a ie even, from the hignest point of the | the fury of the biast, so some of the proudest names among the merceast princes of the land herve see whether she State of Wisconsin, and more especially E, this city, pcasewed the bene and sinew to carry them A new ey ings bank hae been establi:bed ia Columbia, jeloed to the sudden pressure Jt i@ as sd eee org Master | sy thrgh is ro eh Bye elere an m0 of ane NN FR ye Flour dull and lower, and in good supply. sales 600 Bo instance om credit, } te editoreare boasting about in every tesue. Iam ‘stistiod A lelior from Manchester, N.H., dated Oct 8, sare— | Scisccics of mon pasesa the meridian of life ooaspalied 10 - a the pur- | that this Biate has the means within her power of riding ° For the three last days of thie week ihe cotton fotr'es | deem anew, apd with nobing. is iaere DO: ia tne eva- ‘Wem. at $476 a $695 for the range of extras Wheat fer, be inthe of the Peale o_o duncan prettier ie Manchester and sesornes of wealh an imprenive illeeweten of the tule, laughing ‘eB 4 (quiet and steady. Sales 6 000 bushels Chicago spring at | tmnt te gover ber sister Staten to ouch on = e pad cone good, e ey oe = Sh which men are #0 slow to lea-p, that eealth “ pay take to ‘70s 2000, Corn heavy, with emall ealse at 670, 0583 Onts firmer, Sales 8,000 bushels, at 400, W: lskey bes i ng peered as tee ae ak Bévanced. Bales 300 bbis, at 160. a 10s, per gallon | had no design to discharge any employs; so the menaure musi have bern somewkat sudden. Freights firm—16o. for wheat to New York, and not mach — yy ing extent, betior than any other Western Slate; yet 1 | _ Property of ibe bavk .. difference of 84 hours during the regret to sta'e thas the very ol that will give her Funds in the city of New York—ood. 84,268 | week. For this, a redoction of though it were a loss of a whole day the power to weather the storm, will prove to be the rook 100 bands have been ou which sho will fall. The farmers were never so able tir the vice of ouro :uatry, im- bape to tte rer jevelopemen: Ail sar move- Pressure order. Fveryuing question of ime, and with lightaing through the rari needed after comp! the A *pletons had great C@ering. Lake imports for the 2% bours ensing 0000 | peptice of ihe eriters on their new ty : under wey, which will be d ne in the cowse of & ween or 14 ona fe day: 6,000 bbis. dour, 78,000 duahela whea!, 6000 | to be nol entirely true, as the worn referred to yy | ‘0 meet all elr Indebtedness aa they now are; their barns Saozs | 1S, Nowmibstanding the bard looking vp in ike crwh ef a tertivie, destevainn. Qeubels corn, 7,000;bushels oais, Canal exports; 47,000 3 are groaning under their loads of wheat,and tho warm ssaceees see e+8176,209 | g00d courage left, and we are bound to live in spite of Wis pregress and exnl: over thet castlon which . 16,0 1 eg \ne een the reach of front; yet, ‘ worst, é tnfety 00 speed and moderate saccess to stapendone fail- Dushels wheat, 16,000 bushels cals. , ‘with all Weir goldem stores, the course that they are’ pur: RHODE I3LAND. Number of banks in the Union ure. Sporking of the orecit sysiom, be sald:—Ii le the Onwaco, Oot. 10—6 P.M. suing will inevitably bring upon them ing times ‘HE AMUDB IBLAND BANKS. WAT cvee- belgbs of fully to deciaim agaiost 9 system of crodi; Flour dull. Wheat lower and anseitled; holders heve before the operieg pavenien sent bi . Weare now The followipe is a ow:cmens of ng ayy omg 1BB7. .. 600s ee pee, ee Ants to submit to » concession in order to realise sales; 6,00 Coming u eampansttesle: saan smcounol-oeeat ket sont Saunt suck ere $9,016,161 86 Ho, which no logitlation can dedve, bt which tbo moral ‘Dusbels upper lake spring at 80c. Corn unchanged; sales Rene mares by yj ——— as oulation ates P pep serymbanp ene ra py mw hewn «aged pay ew apupd. ves eee , * Bow regarded es bovorat transectiow. er re cee hee Sane on anon {nibs DANCS of the farmers: "Dering the tant inres daye'e. | Del 264,006 30 revereud genemsn conclaced with a very eloqesat and ‘which ie 104¢ to New York. Lake imports to day: 1,400 Desbels whoat and 3,000 bushols of barloy. Canal ox porte: 6,000 bbls. four, 11,000 bushels of wheat, 16,00 Dasbels of corn, and 4,360 bushels of barley. Ourcaco, Oot 10-6 P. M. Flour quiet, Wheat dull—Sales of 8,000 bushels at 709 Gora Grm—Bales 10,000 doshele at 550. Oats buoyant Miipments to Buffalo to-day: 1,700 bbis. floar, 95,000 bash. ie of wheat, £4,000 bushels of corn. Receipts today: | FINANCIAL TROUBLES CONSIDERED AT member of insiances have come under my obscrvation where We fermers have allowed thelr novesio be pro that they did not Prices: thus whiist | Derostts in other banks By adding there fooilngs to those of the Providence barks of the same dai, we have ihe following as the con- dision of the banks of Rhode inland i embarraa: * 5 In the early 40 trembilog under tbe affair edeotive peroration. REV. DR. KENNEDY ON THE CRISIS—PORTT- TUDE RECOMMENDED. At the Pacific Meibodist Epicxpal charoh im Brookiye leat evening, Rev. Dr. Kennedy, the pastor, delivered = discourse upon ‘ Self Re!lance and the Forutade Necewrary ‘The sorew factory at Udoa bas suspended operations in | for the Times.” His toxt wae taken from 2 Chronicles, comeequence of the preswore ia the mosey market ved chapter XIX., verse Ll-—": Dea) courageously and ine it et resume leber again eatl the Genes Donen? | 0. | 3g wilh bo wih theo geod.” iheery deertes 86 60 8 n 463 66 | By in 409 78 F 467 09 ey 423 83 8.200 bbls. Sour, $8,000 busbela of wheat, $4,000 bushels THE PEOPLE'S MEETING. ficceers cab eapnpean ne | tho delsgeet tm mniiuctarchiion who wd: engiayel ef corn. At the “People’s Meeiing,”” hell on Sunday afternoon at | Waded large ‘The Qaten Troveller, of the Sth inet, eays:—One of our | devise and erect a temple on condiion that hie name wae ‘ 3 o'clock, in Union Hail, No. 196 Bowery, was delivered THE PANIC IN THE CITY. ! pd « flaancia ADDITIONAL WORKMEN OUT OF EMPLOYMENT—riTe | 8 e*Ure by Wm. B - “me reveling: RUN ON THE SAVINGS BANKS—PaEUACTIONS AND | *24 Induswial derangement—their causes and tojarious RESOURCES OF BUSINESS MEN, FB consequences, and the means of provention and oure”’ Ia addition to the mumber of discharges of em »loyes | Afvor a bricf tr troduction, and calling the attention of ihe already noticed, it becomes a painfal duty to notice the | ®edlence to ihe Importance of the subject, he expressed, in following — modest terms, his temerity im disoussing a question of so @irla, Ouiters. | much moment. Is was ono that was in everybody's month, 0 ee $19 19 | uppermortie thete thoughts, Men of undovb'ed woalth and Brodie, Canal street. abundant rescurces are suddeuly psrelyzed, and obliged ‘not on!y to suspend their pay ments, bat their entire busi. pess, in consequence of the want of money, while those who thorght themselves secure from want by haying porma- mnt employment, are suddenly thrown oul of it, and — yay to lock LA moans of sadelstonce. [ste not scheming, 8; , wind’ men alone wo are emone the ual ot baskraptoter; tadeet, many guch are Dow heaping up wealth in the midst of Gwstreer— it i the carcfol, the prajent, and the thrifty by np Le ST 4 ‘ariovs Causes aro aerigy present distress. Bot yor suspended work, but from ihe faiture to eeoure the | re carly prose tore with editorials aad Oommanica‘imns ‘willion and « half loan, it ie feared thet something mast pif ee asane tk Law Fag re done 1 be the han ction, and othere are the mere t -addie from the he wotsr orrimussioners have edvised te ‘osstrectors, | Fevder camach extract ihe eigetest eaotul iden With rome Mrears. Woils & Jo , that some porilozs of the work may | the workings of ths credit m are the all saMsient more siow! and yet be Aaisbea ia time If ne | “Suse. Sach was the ory of many in 1837, when thoa- ave sold ate sacrifice, the contactor will boa heavy | Sades eoboed the wotio of General Jackson, ‘He who it if cortain that he would prefor to suepend | 'Tades oa borrowed capital ought to bresk” I havo not operavors rather than go on in the present unfavorable | beard that rentiment vteved tp 1867. Perhaps the wor- gate of the morry market. . ‘ippers of The followirg i¢ = list of the number of laborers now ed on different sections of the work ou the iskead, at the foundrics, who may st any moment, from the § bes: dry goods jobotmg houses gtve an order to day, by pm ner telegraphs Tor the shipment of 17,€00 busbele of wheal to in aking fuvare retorns the following lows only need eee be forwarded to the commissioners, viz. — Bot to appear upon the edifice. He, however, placed his Dame upon ita front, whioh was fora while hiddon by @ —Ospital stock, cement, which the action of the atmosphere ia a little hi cetvadlo, ail vette wdvocates an amen’ men! of the | time removed, so thal the name of the aronitect wan sppe- Sibor debes de ban opesie, pean vere Dauks, ‘de- Jersey, £0 as to require every bank | reat, Thea, often thers are voourreaces in which God ie pect post s iu other Danks. Prompt rotarns in all onacs Jersey to make woouly statements of | nut o1 first recognised, bat son abrourity ie dispelled, and 9 day Of reckoning bes at length come--the quired. its offaire, Inetend of quarvorly, his agency isteen. Sucb, frequently, in tho dovelovemaat has baret, ihe ab pay) ae beon seoured, bat ‘Tho Benk of Britieh North Amorios, through tte agensy | '0 ae great oy rity which Coed gh pow of pre tad of making. everybody rich i bas tnvo thonsande apni ta Nam To haw, ancared sold from, Vangoas 02 Ube pre: | eth wo cousider ithe prevent egussion ja the. aati poor. The farmer refuses 10 sell bis wheat at tho present CONDITION OF THX NEW ORLEANS BANKS. ange, 10 the amount of £100,000, oe ear couaiey, snpene pened. as tokens a ‘chant {From the New Orleans Datia, Oos. 4 | hie text ts ap lleapie. (dere follsecd ihe history of The weenly statement of Me beaks will be fund be. fjeaean have meerenels os Jaden, kc) The eabj.ct low. It shows a great loss of spec'o ‘Svenoved’ae was discusses under the following proposidens:—1. self tho decrease tn circclaticn is oply trifling, pik te - rellence and conrage are requirits in every position coin bas been drawn, and gone into the 7 God's mis dfelves ofthe good Vodor tho firs: head 1 wea exchange for drafts on New York, aad some for pay m.nia stated iba\ every virwo eevential to religion eqtle of duties at the Custom House. This, of course, could not fn the honerabie and just parsatte’of life, In whicn treo be avoided; nor aves the community complain of it, but courege cortisted. Thie was first in aa atovriain nen: of the pohey of to Pig py bd doty and an vayielding determination to perform it. waitin’ gorantive aoa antoaty squash te principles God ‘ slated Whteh Will Be 1a tho course of a fow | neh wee Oe} poctiale Guelé act bea dary, bet whet oo | - a are com, , wi wi certeined to be duly, Could and should be perfor: intent of ibe act cresting tbe Incopondent treasury. The | wos, [nd cceondly, overage ornowied In as czemiost 0m Of ob respect, dignity and honor of the government sre ¥ ON THE Catsts, Siacles and proper effuris to eurm.uat thew. Tas ovurare® mised a entering tho market oa 8 vender of ex. : 7; . py a, ar selling ovts ohn promiiom, a0 it wore. It te do. SERMONS YESTE - an hand “5 oy - an ae commodate them, and they are vuable to couch ther Dia | S4¢4'y a tri ng baatncss for # pation with $20,000,0000F | Hiv we VAN ZANDT ON THE FINANCIAL | sinied. that he sbctld proter to eacocrag® all to pervormm receivable, snd vniess rolief comes soon suspension must | °!D ts lis offer RISIS. thotr duty in meoting the emergency, aod etriving 1 alley inevitably ‘ollow, CRIS exscitemen end enaearor each jo inspire otners with con- ‘The beavy (nancial panic hat orm menced in New York At the Dutoh Reformed church on Ninth street, the Rey. Sones, ee yp sae —_ jen ted Reve rday 2 preached a most and lengthened | ihiir calemit: aed teaching gn vale eo sem ces tes! ores tosh ans fon ots paso her ‘There pu asipean oe aha peigenmatir financis! re. A s oo were wwe geet wee mg be ever fatto Trost - . where } hee seseal Ye ua os taney eaves voision, He took his text from the (th cbapter ¢f Micah, | fracd. It was ®. 0 good In men to be lenton) and furhear- commencirg with the 9th yerse:—' The Lort’s volon | ing The case of the detror was described, rapreseured ‘othe i, Who, afer beiag forgiven by ale | rd, took crleth unto the city, and the man of wiedom aball soo thy | i)" oe tether +4 ‘methrenns fom Pay me M. Bell, 80 Canal sireet.......... BM Bendricks, Kighih avenue In comontics Dare no obangs to 1,and who hath appoloted it."’ The ” fori’ embararemenis cf the cowsractor, be ciecharged It ls or, unt} on Saturday lsat it reached » universal Libibd bame, hear ye the rod, ower me TR owas goo in the bald, however, (bat no Woughis «! stopping have yot been Science wax cary la tbe bering wns oabod ig | Fm, Frame E80, Creche on Now York, to | Tertrsa4 gentleman tald:--Quoe are eventful umes, reg end "several imtaoen were arraed of queer sined:— te counter of demanding ie Moet a aon wt Boction would most nately CONDITION OF TIE LANKS OF THI Crry FOR TH WEEK BYDIRG | pant witb the elemenis of mighty changes, the ne wife and ag srelehiebalge Senlay' contusen t “sen io, cone ie oy tas oo the resemspaiae of tons bills, for’ seul ait'er MMOL ATCRDAY, OCF. 8, 18ST. AFTER RXCHANOR erming wel or wee to generations yet unbera, The men cupsoniity t0 tener, 4 kisdooss, De i pe able from trace. The tendency to predit are locked up in thelr vanlis; thetr ctroulation Banta — Deport, Due Dis | Of this age are actice history om & scale compared with ro str pele 2 4 3 Che's ihe mot fearful onuaea of the Seite a See Cn ee | eee ao. 2¢49.08 208,341 | which the annals of tne past, with some fow exception, | Fevent times. It was go.0 De G4 la eeyen foundrios tn - oisre ts aoe a comeret amon amongst the danke of | Lovis'ana Sate... 1 bets v4 144,000 | of tho great epochs in the world’s calendar, will seem “ogy! Po Nea Jersey and Pera: this olty, whioh haa resisred confidence, and alarm has | Carel... acess Ti,17s | Det ae tke tales of tbe onrtery oF ihe memories | covsicer the many whe one ett chile Ste ona eit atfect on way o an of se 08 coeet | et eaiieneee, =e are tee puline tne citement and Pepacity were condemned by ine disovuree, Bimons: oo Total 1 sreat mace of our tradesmen aro obliged to be porrewors oe city im the Northwest. there bas not a ‘tf 41,597 | Umea thal try men’s souls, by tholr constancy and | 954 je whole spirit fora io lonpire forte tein gonoroad The laborers, mecbanio: &5, in and near | and why? Because the lenders rao live withoct work. | been so much wild specnia a: thie potas 600,826 62,988 more than the deadly contests | and meniy =. i“ pins aa paso 4 ona = do oatimnted in’ rouad num. | There sre many cart lists, to be sure, eho ledor as hari | 95 there bas beon in Chisago and ibe towns on the Mira. 144 848 — | <f tke embattled fleid. Moreover, the times are out of me #! > ewe te taeap 7 aa any body. the rane time moon of the largomt part | a1; or. Th will, however, bs more severe Bere than euunaiias Jolut. Their ast cot is portentions, and no wit of wisdom y+ by FR IE. Gh A. pF oy RE Deen @ grest deul toe Srengh the streets 9,060,004 eee ee woe tore lame, and 1Be greatness of wealth consisted on . fo hcrrow cr sink into the lower level of ibe da | i the La Crosse Company will do with the semi “Short paper } Spas ey ooh a nee Ok oe, All the capital in exieter oe har been p odnoed and te earned | annual interrat on ihe Barstow or corruption bonds, laened 8,341.43 7 ware ca , 8. erent Me by somebody ; #0 that, taking the world in the aggrecate, obtain ihe Noribern grent or the line 4/216,839 ‘shapes ite combinations as if it could weave A - r}~—9 three tone — ere ard printere........ thore is no fletitio’s’ cayual, The average amount of have been info'med from a retiabie a’302'809 wevot des ny. Everyone hee bis theory and | #4 fve Bundred yoke of oxen. is mmole wore bie Miceliancons— inclading | laborers wealth In thie POmie, per capia, prodably dees not fall ay \be interest falling due Ww. noword By to the seyirat tavereate, | 7a!iroe al eres ane eatee, Zee ae Dranohes of manafecturing...... short of cne thousand dollere, or five thousand doll «rs for Those aro no morigege bonde— aniececents abd prejadices of esob; but all are at loam fooke, ily. Prery head of ® family, therefore, wh appen to have accumulated five thovsand 1iol- ss . teeeee p fare worth of ty, 8 the interest of that suc, No eatimoate inctades Jersey City and Brooklyn, and | Kmcmiing 1) three nundrod dollars, Siresiy oF wadlresvy, & H i ne ‘he © nti sotor ; the proce for runting {taro to be applied to pushin; * What a frightfel drain ie thio upon ‘acing This wae dome partly to prevent the boadhols ere ‘cnceabestnn commer: ia! patio revulsion Das «wept over Iand, panne! all paid of on Saturday afwernson ty me for vhis reson (hat property has deo: From ariacbing ine tet earotege for ibe iaterest, aa well as yes! $5,644,017 Seureying the hopes of thousance of the rich, and carry Smoont of about $20,000, and “Te Gay necoatiy for thief, Property i a thet, and every ‘man ofa. | to furnish to Mr Chamberiio additional security, ee ) into tens of thou Ad Dp akowing that me and veiiering would he oof the military, ovt Roown when invotun ary thief, though ho steals ander the vow the turn for tho stock of the Milwaukie asa Becapitulation. ane a Fy recat, and toad of nen oneeld BO the work will be resamed Proeotton of the law, Neveribelese, property is | Micsissipel Haliroad to deqiine The paris fram tom Tha ible. A $5 284 808 governed by great prudence, tate thas have been bolstering It up are cow withdrawing | Circulation TUR SAVINGS PARKS an imciapensadie § mecomity sr¢ 8 grem beet ing. mt The of the ore. | thetr nN of some #ix loaned here upwar.e 9B6n ees * — s . If our merchants and business men had, o would ener. | NE a yOet Suuot™ ine inet of nsery, or satereat, | or sive pte, sem Hw vow York aad porcbased 40 B10 TITAN SaOuNUES.. THE REV, HENRY WARD BEECHER ON THE ine the came confidence In ihetr banks that the laboring 4 sports! cogrve attr! | peep it olf from the inarket; but they are wi longi: cum PANIC. @lamme bere exercied towards the savings banks, m0 | boiab'o .o either of three things, exaopt ro lar asthe | pelle to sell, and thet, too, at & heavy low, Tre trrew TLEINOIS. Ae weeel on Sunday nights, an immense aodienoe wae doubt muah of the prevent &fisalty wenld tree mariage | wurluats ne presesi cumrres to wnevuaning 'setom, overt FIME HARK OWNTTFICATRS PHOT ANED ILLEGAL. crowded into the Plymouth burch, lst evening (9 aaar Tete A intrantantmed, seo be faot that 1a tks |W oxiravepatce end vito p oqala bo an uusnocs-eary fa jon ‘Auueg ‘tone eortificusss by beake orgustse Whe Rey. icnry Ward Boecver sermonize upo the tinea Neer eee Pier have bat fora for he'r depots and | But ibe true onnse ie mainly, if not entirely, to de foot | absorbs ail Vhere is nO excitement amongst the poll > ane A. low of tad Ghata. e cone wee 08 4 seasons, ‘The words upon whion be feutde ae Seswen en onaste te their demands have been | in Cvertreding. It asserted, anc wiihoat denis}, #0 far | fictans, There ts bet little interatt ken in the olection, J i ning pe the 194 Pram, 98-96 wer ves Rastened en masts to withdrew, at om sare, that our foreign debt (snow five haoared | and wore li not for the foamieg and raving of acmo of ihe | flows (he flowing perverts conte were quote’ from the ; millions, ef doiters, and in neder 10 oxplaia how this | potty pariteen sditore, Oro would bardly know ibeb there Neveribelors 1 am onntinaally with (Reo; ito nant RUM ON THE BROOKLY SAYINGS BANK. accumnlated forsrin reht bed brought abot the cri | was sn electicn approaching — There i+ by huite foabt bat Hr as deponiied tm, ihe bask wo hnadret bokeen me in thy right bana Thon sual qa'de mos wit faitare Ocsnw et Bank Brooklyn, evpevialty | ther the republicas candicate—Jadge Rapdéali—will be dollars currency ig the oredt of jE iby counsel, and afterwards receive me to glor+ Whom tan coving sagettonsnt of Cat tnseeien, enaed seg cieoled by w handsome majority. ™ OF ie rent, a romania, | Great ei At once of Ifnesce, wealth | have {in Heaven tm ince, URere ls nome epon Vo arth : } - and wickedness. Upom ‘hem, also, the weigh! of pubitc | (rat t desire besidoibee. My ay heart foilte me, f tnecourity t0 the minds of some of the depos! NEW YORK. onus wean me I aes Fodderiaig the | colnmiticn always Calla the frvi and henview. Ia the use | boc od wiheerengm of m) Beart and my portioa forwrer, tors of the n Bavings Bank, sitaated at the corner INDIVIDUAL LIABILIFY OF Daw PrrcKronvend. | gertifoate. The bank consequently rofused to pey when cm = Seam a Sie wan a ‘After «{'ating upon the powere, weaknesses and strength @f Fultom and Concord streots, and on Friday a ran wae ‘the follow’ the same became due. spe corer tee ad on tee pene anv I ‘which mew the Brovidede of mao, in bie relation to cther antwals, the clomente of commenced om that institation by some of tho email depo " Court, The bauk of Ged Y8 para even ¥. L-] ot a Prev pepandmangssonn a reference re, who proceeded to draw ont their deposi. When are wor ‘made . | then appeaied. dence, and | wiscom of regarding them im theif | tino panis, rubsiantially #8 foliows:— Ay yy yp ety we say ol or thebutty, comtragred aver Ae fev ony The supreme Court held that ihe banks of Iilinote, or | sothor eed ce aS yb ph bt + rometimes think that commorce t# pottiog more pT A c thovesnd elght hendred ant fy, by any | ganized under the-general aw of 1853, cannot Iseve ilove | covntry is pessing, and which effeols every AC yirg and telling, I thict it{* one o he moat eleven pe yt cerporaticnor im sont epocaon for baaklng urhow cortifeates of deposit. The conctosion of the opialoa te ar pa AIT Pendent) apd eMiranrdinery coeratoes Keoon to the ey t cludes teipg that deloogs to men, ‘Tacey Sane She whe ariel ney ts, Se Ee ee Mheaverjiven arcs tnt w tan win aay Ie, | SW acy ie’ tSweige toe ores tas wa at fy wutter te taan Gnesme al nn abd taht benere ‘ana Wry, este ehol ere oF ‘such corpo! een OF teste anendasel antes caaaam Of | fond ike 0 enheer ve ite omens Commerce i ine e/ 4 " 1 PTO! r Srustiee othe Sean there fo atts ve iB on acinar ny cmt eral Seat ies tah 0s of sbeehjooeang unt opeanouenn, of [contIXceD ox rrourH race.) (dons wore passed expreaatye of the utmost socarity in , respons Gaforeed na here