The Sun.
London, England, 1857-10-19 00:00:00

LONDOI.II _MONDAY EVENING, OCTOBER 19, 1867.

sell at a decline of a half cent per lb. ; but there
Was no business doing. Flour declined, owing to
the monetary pressure, 50c. to-70c. per barrel upon
shipping qualities. It afterwards recovered about
25c. Spirits of turpentine lower. Little doing iu
sugar. Prices of molasses in favour of the buyer.
By telegraph to B,,ston we have further advises
from New York to the evening of the 6th, whioh
are as follows :

"There is not 'mach change to note in the aspect of
money matters. The Bank statement had a very de-
pressing influeace on stocks it the first board.
Messy:'. Yelverton and Walker suspended yesterday.
The Weare Bank, Now Himpshire, was thrown out
yesterday. The Bank of Lima is again received.
Bills of the Lee Bank (Maseachueetts) Mercantile
Charter„Oak and Exchange Banks (Ilart'ord county)
and Bank of Watertown '(New York), are thrown
out to-day. Stocks have further declined this morning
and are quite dull. Willetts and Co., of Pearl-street,
hardware and oil house, are repiled failed. The
draughts of Lather and Co. bad bean protested. Money
continuos in demand, and sot so freely offered. We can
give no accurate rates. The day closed upon a very tight
money-market. The difficulties of negotiating exchange
have induced merchants to order grain to be sent for-
ward, guaranteeing the expenses here. Sterling bills
closed 99 to 100, and to cover actual transactions sore
names sell a little higher, but only in small sums. The
receipts at the Sub=treasury 'were $228,868 and pay-
ments $1,288,000 odd ; balance, $6,560,000 odd. The
American Exchange Bank, after honouring the draughts
of Messrs. Sather and Church up to the close of business
yesterday, refused to
pay them this morning, and they
were protested. At the second board the quotations
for stock were lower ; but at the close a firmer feeling was
manifest. Michigan State Six. s, 71. ; Ohio Sixes, 87i ;
Virg.nia Sixes, 73i ; Erie Convention of '7l. 20 ; Dela-
ware and Hudson's, 92, 3 ; Pennsylvania Coal Com-
pany, 55;
_Erie Tees 3; Chieago and Rock Island,
54. ; Milwaukie amd Mieaissippi, 153 ; Michigan Cen-
tral, 33 ; Illinois ditto, 84 ; Panains, 63A ; Galena and
Chicago, 56 ; Cleveland and Toledo, 234. Flour wee
dull and heavy. Corn lowtr. Freights easier and dull."

LATEST VIA HALIFAX.

NEW YORK, OCT. 8, P.M.

The monetary crisis has shown no abatement,
but, on the contrary, there have been some very
heavy failures to-day in the dry goods trade, includ-
ing the large importing houses of Messrs. Bowen
and Mehamee, Mellis and Ayne., and others. Our
markets ars alt very dull. In cotton to-day there
flour, and corn have
5 and quotations are
entirely nominal. Wheat,
were no sales of importanct.
each a declining tendency, and the market for pro-
visions generally partakes of the same character.
The advices from Europe, per the Niagara, arrived
at Halifax, were published hero on the afternoon
of the 7th inst.
W ORLEANS, OCT. CT. 7, P.M.
The sales of cotton to-day amounted to about
6,000 bales atvery
prices: Quotations
'show a further large decline. Staling exchange
NE
irregular
continues very flat,atAa heavyLE discount.
CH R sToN,
OCT. 7, P. M.
Our c-Won-market to-day exhibited the large de-
cline of 210. per lb. The business reached 3,000
bales.

course they have marked out for the immediate future.
We are wilting to abide by the result."
The following are the latest telegraphic despatches
from the most important cities of the Union
" WASHINGTON, OCT. 2.
"The financial pressure is seriously affecting the public
revenue. The Treasury receipts last week amounted only
to 660,257 dole. ; draughts - paid, 1,666,513 dole. ;
draughts issued, 1,829,636 doll.; reduction for the week,
1,160,429 dole.
"A small amount of public debt came to hand to-
day, but a large amount is expected to-morrow.
"The Secretary of the Interior has recently invested
nearly 1,000,000 dole. in the State stocks of. Missouri,
Pennsylvania, Illinois, North Carolina, Tennessee, and
Virg.nia, in trust for the various Indian tribes. All but
50,000 dole, of that amount has been drawn from the
Treasury. The present time was chosen for the invest-
ment, in order to eontribute something towards the relief
of the money market, while 150,000 del% has thus been
realised in the transaction for the Indians.
"PHILADELPHIA, OCT. 2.
"Much dissatisfaction is expressed among prominent
Democrats here in reference to the reading of a call just
prepared for a mass meeting to be held on Monday night
in Independence-square. The meeting is to be a demon
titration of opposition to the legalisation of hank suspen-
sions of specie payment. Some of the leadiag organs
refuse to publish the call, saying that their objection is
not against the meeting, but against the inflammatory
style of the call.
"It was reported on the street this afternoon, and
generally credited among the brokers, that the Readi. g
Railroad had failed to meet a note, and that it was con-
sequently protested.
" Mr. M. R. Wendell, the agent of the Middlesex
Company, Bay State Mills, and the New York and New
England Worsted Company, has made an assignment.
" Stocks heavy. Pennsylvania fifths,;79 ; Reading
Railroad, 16i ; Long Island Railroad, 81 ; Pennsylvania
Railroad, 39g.

ALBANY. OCT. 2.

"Circulating notes to the amount of 260,000 dollars
were received at the bank department to-day up to five
o'clock. About the same amount was received yester-
day. Superintendent Cook yesterday released 180,000
dole.' worth of stock securities, and about the same
amount was released to-day. A large pile of circulating
notes yet remains in the department unaccounted,
although work in the office is kept up until about
9 p.m.
"Notwithstanding the depression in stocks, the half-
million loan will be offered by the Commissioners of the
Canal Fund on the Bth inst., according to advertise-
ment.

"BOSTON, OCT. 2.

"The meeting of merchants to consider the present
financial emergency was largely attended ; Mr. J. T.
Stevenson presided. The meeting adopted the following
resolutions :
" That in the present exigency every effort should be
made to support and protect the mercantile honour of
the metropolis of Now England.
" That as long as New York maintains her high
and bonerurable position in sustaining public credit the
merchants of Boston will sustain and maintain her
honour, by rendering all the aid in their power to con-
tinue their business upon a specie basis.
" ',That the voluntary suspension of banks is a great
public calamity, and should not be entertained by gen-
tlemen of high mercantile honour except in the last