The Sun.
London, England, 1857-10-26 00:00:00

LONDON, MONDAY EVENING, OCTOBER 26, 1857.

AMERICA.

LIVERPOOL, OCT. 25.
The Royal Mail steamship Arabia has arrived
with advices from New York to the 14th inst., and
1,400 dots.

On the 15th she passed a vessel supposed to be
the Vanderbilt.

Advices from the city of Mexico to the 4th re
port that the Mexican Congress had held a preli
minary meeting, and chosen Emanuel Ruiz Presi
dent.

The insurgents of the South cDntinued to hold
out against. the-Government forces, and it was re-
ported that Alvarez had been assassinated.
The news by this arrival is of great importance
to the commercial community, it being reported
that the ship -has brought an enormous quantity
of returned dry goods. The money panic had come
to a crisis. Never did Wall-street present such a
scene as on the 13th, the day before the sailing of
the Arabia. From time to time the announcement
of City Bank suspensions was made, until the total
failures numbered 18. No failures of importance
of commercial houses. •

On the 12th a run commenced on several of the
New York banks, the result of which is given as
follows by the New York Courier and Enquirer of
the 14th :

" The banks of the city of New York, by their,
officers assembled at the Clearing-house last night,
resolved to millpond specie payments this morning,
and appointed a committee to proceed to Albany,
and request the Governor to convene the Legisla-
ture to consider the necessity of enacting some law
to give relief to the present financial emergency.
They also resolved to make the most energetic ex-
ertions for the resumption of specie payments
at an early day, and recommended that no divi-
dend be made to stockholders until such resump-
tion. The cause of this action on the part of
the banks was a severe run upon them, which
commenced yesterday morning and continued
throughout the day, compelling during its progress
many of their number to succumb to its pressure,
and placing before the remainder the certainty of
the same fate in the renewal of a run still more
severe to-day in case they opened their doors to
admit it • never, indeed, in the financial history of
New York was there a more trying and exciting
time than yesterday. For weeks the meretkants of
New York has fallen in numbers, like so many
sacrifices, on the threshold of the banks, beyond
whose iron doors came no response to their appeals.
Yesterday a multitude, like a destroying army,
came down on the banks themselves, and sacrificed
them in turn within the doors which they had
endeavoured to bar so strongly. We need not
describe this run in its outward features; each
one sees the picture, though he may not have
been in Wall-street or in the neighbourhood
of the up-town banks,—a street crowded with
two distinct classes, the one thirsting for gold
crowding in hundreds the doors of the banks,
and forming long lines up the steps and through
the halls, with anxious faces and hands nervously
clutched over their chicks and draughts, crowding
and jostling ; and the other the lookers-on, crowd-
ing the side-walks, joking and wondering how long
the banks would stand the run. Such was the
picture. Between the distresses of the merchants,
who have been called upon to pay when they had
nothing to pay with, and the almost total destruc-
tion of confidence among the poorer classes of the
people, there were chaos and confusion throughout
the city. Tha Bank of New York, the oldest in
New York, one always liberal to its customers, and
especially so during the late contraction, paid out
its specie manfully until about 1 o'clock, when it
paid nothing but banknotes and certified checks for
the re.t of the day. The Leather Manufacture's'
Bank paid out also until about noon, when it also
stopped, although 90,000 dole. in specie were due
on its exchange account in the Clearing-house but
which could not be obtained, and so the run pro-
gressed. Many of the banks th at maintain themselves
kept open their doors until late in the afternoon so as
to give all a chance to get their specie. Among these
were the Bank of America, the Bank of Commerce,
and the Bank of the Commonwealth. The Bank
of America paid out $150,000 in specie, the Bank
of America $85,000, the Bank of the Common-
wealth $90,000. The insolvency of the Marine
Bank, we are informed, was averted by a coup de
main of their friends, some of whom obtained a
writ of injunction upon their proceedings. • The
prevalent opinion yesterday was that a few of t' e
old strong banks combined together to force the
sbmmuasajiolrlireeirst
business to
bankst
o into
a
werem t
compelledc 1 liquidation,
confinecurtail
ntgh their
t s
p he
tine
number.-
n tdo In
uds
rations, and in the general restriction many of our
most wealthy, honourable, and useful firms have
been ramified. We speak within bounds when we
say that this cause has driven 50,000 men and
women out of our workshops into idleness and
poverty. The banks which were suspended were as
follows :—Merchants' Exchange, Ocean, North
River, Irving, St. Nichola., Citizens', Market, Ma-
rine, the Tradesmen's Bank, the Butchers and
Drovers' Bank, the Leather Manufacturers' Bank,
the Bank of New York, the Chatham Bank, the
Ne w York Exchange Bank, Beira Head Bank, Bank
of the State of New York, Broadway Bank, Arti •
sans' Bank, and People's Bank."
The New York Shipping List says of the Bank
statement for the week ending the 10th :—" It is
much more favourable than generally expected.
Allowing for the absence of the returns of two sus-
pended banks, the decrease in the discounts is
about 4,000,000 dots., so that the banks since their
informal agreement to expand their lines 3 per
cent., entered into a fortnight ago, so far from
granting the increased accommodation of 3,000,000
doll., whioh would have resulted from that mea-
sure cowing into efftct in good faith, have actually
made afurther contraction of about 5,000,000 dole.
The decrease in the undrawn deposits it will be
seen, after allowing for those in the two suspended
banks, is a trifle over 3,090,000 dole., while there
is an increase in the specie reserve of about 75,000
dollars."

The same paper says It is impossible to
negotiate mercantile paper during the present
panic, and -money quotations would therefore be
no guide. Stocks generally rose on the banks' sus•
pensions. Little has been done, on account of the
unsettled state of the money-market, and our quo-
tations are nominal. We quote sterling 98 to 102
per cent."

- The New York Courier and Enquirer says :
" The confusion in the Street to-day has been so
great that business has been in a large measurt! neg-
lected. No quotations of foreign or domestic ex-
changes can be given. The market values of pro-
perty, of stocks, of produce, &c., are all nominal. The
banks of the city, having as much as they can do to
take care of their own payments, are forced to refuse
the notes of the country banks of New England and
New York ; the brokers also refused to buy them,
and this adds to the confusion before prevailing.
We have no further advices as to suspensions in the
South. At Charleston the Bank of South Carolina
has closed its doors, also the South-Western Rail-
road Bank. At New Orleans and St. Louis the
banks are stronger than in any other parts of the
country, and will, we think, continue specie pay-
ments ; but in other portions of the Union—Vir-
ginia, South Carolina, Georgia, Kentucky, &c.—
the banks cannot in justice to themselves maintain
specie payments while so many others are under
suspension.. The Stock Board to-day seem com-
paratively
.mdependent of financial revulsion, and
the quotations show an advance in some few stocks,
though they are the single exception in the whole
range of the securities and merchandise now for
sale."

The latest quotations were—New York State
Sixes, 90 ; Virginia Sixes, 67 ; Missouri Sixes,
60i ; New York Central, 541; New York and
Erie, 8 ; Reading, 29 ; Michigan Central, 35 ;
Cleveland and Toledo, 21 Panama, 65 ; Illinois,
51; Chicago and Rhode island, 58 ; Galena and
Chicago, 53 ; La Crosse, si.
The Pennsylvanian Legislature had passed a
bill fixing the second Monday in April next as the
day for the resumption of specie payment by the
Banks.

The New York Express states that at 3 o'clock on
the afternoon of the 13th there were collected
about 50,000 persons.
The New York Journal of Commerce quotes ex-
change at 90 to 100, with a good supply of se-
cond classs at 90 to 96.

Among the principal failures were the following
firms :—At New York—Harper Brothers, Wood
and Grant, Hoppock and Greenwood, Connelly and
Adams, G. S, Hilman Buckley and Moore,
Baptist and White, Brummell and Roysters,
Dykers and Alstyne, Hall, Dana, and Co., Lud-
lam, Leggett, and Co., L. C. irilson and Co.,
Cahart, Bacon, and Co., Kitcham, Montrose, and
Co. The New York and Erie Railraod Company's
notes protested. The Michigan Central Reilroad
J. A.
Company s
u
s
p
e
nd
e
d
payment on its floating debt
nin, H. A. Coit, Seymour and Co., Cor-
nabt lies and Co.. Corning and Co., in consequence of
iy to sell exchange on London ; Fenton,
Lee, and CO. Willetts and Co., George T. and W.
Plyman and Co., Vale, Ziaah, French, and Co. ;

at New Orleans, Oakley and Hawkins ' • at Balti-
more, the Albion Cotton MauufacLuringCompany;
St. Louis, Dean,. King, and Co., A. J. Maccrary,
and Co., Collins, Kirby, and Co. ;
at Alexandria,
Fowle, Snowden' and Co. ; at Toronto, E. F.
Whittemore and Co. ,• in South Carolina, the Bank
of South Carolina, a State institution ; at Chicago,
Wadsworth awl Co. ; at Cleveland, the Cayuga
Steam Furnace Company ; at Providence, Hark-
ness and Stead. - Several banks in various parts of
the States had also suspended.
The Atlantic would sail for Liverpool on the
24th.

The returns from Georgia indicate the success of
the Democrats over the Americans.
The Pennaylvan:a State election resulted, as in-
dicated by the return., in the success of the De-
mocratic party. The Republican party have car-
ried the elections in Kansas.
Ashes were dull at $6 25c. to $6 50e. for pot, and
$5 75c. for pearl. In the absence of sales of any
magnitude prices
of cotton were nominal. The re-
ceipts at the Southern shipping porti were rapidly
increasing, and, under the influence of the money
pressure, prices were receding, the latest quotations
indicating a decline of fully 3c. from the highest
figure of the season. We omit quotations, which
would only mislead. The demand for State and
Western flour has been confined mainly to the moat
pressing wants of the local and Eastern trade, ship-
pers being debarred from entering the market by
the money pressure. States' common brands, 4
dole. 40c. to 4 dohs, 45c., , Al.i9iiigan fancy, 4 dole.
45c. to 4 dols. 55c, ; OttiWTid and Choice, 5 dols.
40c. to 6 dols. 50c. ; Tennessee fancy, 4 dols. 85c.
to 5 dols. ; Missouri, 5 dols. 30c. to 8 dole. ;
Canada, 4 dole. 59c. to 6 dole. 25c. Scutbern flour
shared the depression with State and Western.
Cornmeal dull and lower. Wheat was very irregu-
lar and prices lower. White Southern, 1 dol. 25c.
to 1 dol. 39c. ; Western mixed corn, 61c. to 66c. ;
wheat, 75c. to 88c. Prices of Iron, molasses, naval
stores, provisions, sugar, and tobacco nominal, and
next to no business &in.'. Freights without change.
l
At New Orleans on the 12th there was a decline of
Ic. in cotton ; midding wasquoted at 10c. _

At Havannah on the 4th inst. sugars had de-
clined.

Joseph E. Brown Lad been elected Governor of
Georgia.
The supplies of grain from the lakes were abun-
dant.

There was 199 lives lost in the Ceutral American.
The steamer Empire State sunk on her voyage to
Boston, but no lives lost.
The case of Mrs!. Cunningham came on on the
13th, but she hai fled.

The Custotn-house at Richmond had been bur-
glariously entered on the 13th, and 1.55,700 dollars
stolen.

Walker's army was being recruited with great
vigour, and hundreds of volunteers had joined.

LATEST INTELLIOENCE' BY THE ARABIA.
(By TELEGRAPH).
BOSTON, OCT. 14.
At a meeting of the Boston Bank Presidents to-
day a general suspension of specie payments was
agreed upon.
NEW YORK, Oct. 14.
On our Stock-Exchange this morning a better
tone prevailed. State securities are steady, while
fancy and railroad stocks were all bdt'er. Eries sold
at 91; United States Sixes of '62 at 90i. No sales
of Illinois or Michigan Central. On the Corn Ex-
change flour advanced se. to 10c., and wheat lc. to
3c. Corn buoyant ; prov isio n s.n omi n al.
NEW ORLEANS, OCT. 13.
Cotton still favours the buyers. Middling 9:c. to
100. Stock at this port, 109,000 bales. Freights to
Liverpool, id. Exchange-flat. Only one failure to-
day, a grocer's firm.
From Havannah we learn that the Californian
mail steamer Northern Light, with St. Francisco
dates to Sept. 20 and 1,250,000 dols., arrived there
on the 10th.
Californias markets dull ; mining accounts
favourable.
The English and French fleets had left the
Chinch Islands to the mercy of Vivanco.
The murderers of the British Minister in Peru,
Mr. Sullivan had been discovered, but not arrested.
They were hired bravo'.'s, but their employers were
unknown.

business was suspended, the quotations being for
Three per Cents., registered, 47 to 47i ; Coupons,
464 to 47 ; and Deferred, 28 to 28i ; Bank of Por-
tugal shares, 10 to 11 per cent. pm.; and Bank of
Oporto shares, 21 t 022 per cent. pm.
Our correspondent at Oporto writes as follows
on the 18th :

" The exchange for this packet was done at 54f
to for good local bills on London at 90 days' date.
A good deal of Brazil paper was offering. Money
was very scarce, and a quantity of bills remained
over, some holders of which could have negotiated
them a week back with greater facility and at a
better rate of exchange. The money market is in
a manner partially deranged, owing to many houses
in the capital being closed in consequence of the
fever, and which has tended in a great measure to
cause suspension of money transactions between
the two places.
"Business in general very slack, and is wine
shipments hardly the usual routine is going on.
I'h•re is some stir in orange shipments, which are
very dear, owing to many speculators more than
usual being in the market ; but there appears to
be a want of shipping suitable for fruit.
"Nothing further offering.

BURGLARY AND ATTEMPTED MU.RDRB,

PLYMOUTH, SATURDAY.
This town and neighbourhood has been thrown
into a state of great excitement and alarm by the
perpetration, in the middle of the night, of a cruel
attempt to murder Mr. Braddon, a magistrate at
Cornwall, in his bedroom at his country seat at
Blackland. This morning about two o'clock the
servants were aroused by the ringing of their
master's bell, and, the cook having alarmed the
butler, he found Mr. Braddon lying with his face
covered with blood. His son was then called, and

the family for some time considered that an artery
had burst. Shortly after, however, the pantry
window was discovered. to have been forced, the
drawing-room poker in a bent condition was found
lying inside the front door, and the door unlocked.
These evidences of the intrusion of burglars were
unfortunately confirmed on a surgical examination
of the condition of their victim. One of Mr.
Braddon's eyes protruded from the socket, and his
temples exhibited two blows, laying open the skull
bone, which was fractured, the wortnas and the
shock had thrown him into a state of insensibility,
from which he recovered to ring his bell. We regret
. _ _

to state that there is very little prospect of his sur-
viving. It is evident that at least one of the bur-
glars knew well the interior of the premises and the
habits of the inmates, and that after passing through
the pantry and spending some time below he armed
himself with the poker and went up stairs to the
bedroom, where, probably, in consequence of Mr.
Braddon's being arowed, the injuries were inflicted.
At this moment it is supposed that some imaginary
alarm induced the robbers to mike a precipitate re-
treat through the front porch. Mr. Braddon's watch
was under his pillow and 14 or 15 sovereigns were
on his dressing table loosely covered with a hand-
kerchief. The plate-room door was locked ; the
burg]. Ira did not attempt to force it for fear of dis-
turbing
iistnoshaitzt
missing.
tgteho:
Timnkobrne
yre.uiastßers,eoi
r:aa,rednat
ddnixwodoe:
rnt,oehtioehufyeoxnruf. fon,arida
rdl
rooms,eaegd
rpteht which
greatcoat,e
oho jiopenfi..cyh t
men'shthe ye
arti-
clesbel oaecrl okr
shoes, and, wrapped in a handkerchief, a Bible and
Prayer-book, like those given to couvicts on their
departure from the Dartmoor prisons, which are
not far off. Mr. H. Treby, who resides at Gada-
moor, having been speedilycalled, waited the arrival
of Mr. Pode, burgeon, from Plympton, and
thm proceeded t 3 the Cornwoo I Station of
till South Devon Railway, about a mile south,
to watch the departing passengers ; and infor-
mation having been forwarded to Plymouth, In-
spector Thomas, of the detective force, went to
Blackland, and was followed by Dr. Yonge and Mr.
Square, surgeons. Mr. Braddon, who is a widower,
nearly 70 years of age, was formerly judge of the
C .lcutt). Snider Dewanny, the highest of the
Company's courts in Bengal ; his residence is in the
parish of Plympton St. Mary, eight miles from
Plymouth on the west, and five from Ivybridge on
east.

Strong suspicion rests on a man of Swiss extrac-
tion, called James Baudisto, who, about two or
throe- soars since, was taken into the service of
Mr. Braddon. He was dismissed for improper con-
duct towards one of the servant women. This
man went to the house of Captain Hewlett, R.N.,
a relative of Mr. Braddon, at Portimout'l, and
robbed his servant of 51. He is supposed about
the same time to have broken open his landlady's
desk and taken they. from several sovereigns. A
coachman at one of the Plymouth hotels was also
plundered. His last known theft was that of a
gun, for which he was imprisoned six mouths in
Winchester, gaol. The abstraction of the greatcoat
increases the suspicion, as the clothes of Mr. Brad-
don, jun., are known to fit Baudiste, and there are
indications that the conflict in the bedroom was
caused as much by a spirit of resentment and re-
venge as by a desire for gain. Au empty bottle
and the footmarks of two persons were found under
a window in a secluded part of the premises, and
near it, on an artificial bed of shrubs, were marks
made apparently by two men reclining. Here,
concealed-by the foliage, the robbers are supposed
to have watched the gradual extinction of the
household lights and the approach of the hour best
suited for the execution of their villanous designs.
PLYMOUTH, SUNDAY EVENING.
The ex-butler Baudist.F., who is supposed
to have made the murderous attack on Mr. Brad-
don at Blacklands yesterday morning, was cap-
tured here by the police in the stree's this morn-
ing. He had on a grey greatcoat, contain-
ing a pair of gentleman's kid gloves and two strange
keys. His companion, Thomas Brown, 19, dressed
like a sailor, acknowledged, after consideraMe pre-
varication, that they arrived here by steamer from
Portsmouth on Friday. After examination before
the Plymouth bench to-marrow the prisoners will
he transferred to the magistrates of Plympton St.
Mary.