Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-03-26

Money Matters IN Boston.-The Boston Courier of
Thursday afternoon says: The announcement of the
failure of James Read K Co to-day, for large amount,
has but added the previous Of confidence in the
money market This of the largest failures that
ever took place in Boston: the liabilities variousy
estimated nj from 10 eight hundred thousand
dollars The failure of Mr.. S. S. Lewis, the agent
for the Cunard steamers, for large amount, was
also announced Today is snid that his name was on
the paper OF firm that failed some days ago.
Money extremely scarce, and the banks themselves
feel il scnsiby us individuals
The Banks in philadelphia MATTERS went smooth
" on Saturday, with the banks. There at.
tempted on any of them. There WERE as might have
been expected demands for SPECIE in small sums; but
the rece PTS it is believed, nearly quite equaed the
payments This will, OF course. continue to be the case,
as nothing received in deposite or in the payment Of
notes b. these institutions but specie or the notes OF
specie paying banks. Our citizens have thus far be-
hayed with commendabe forbearancp, and it is hop
ed the monetary affairs Of the community will gradual.
" resume their wonted regularity.-PhH S,niind.
The Banfs- The Times, 4.c.-As far as The Banks
concerned matters and things going now pretty
easily. We said all along that resumption Of specie
payments would every thing right and facts fast
proving the accuracy of our arguments.
The excitement is ying away. OF the Banks OF our
city nine only are left, e., the Philadelphia, CONNER
cial, North America, Farmers and Mechanics South
wark, Northern Liberties, Western, Kensingtcn, and
Germantown. These redeem their paper in coin and
per consequence public confidence is being rapidly
stored.
OF course, however, business is tight Thousands
have lost considerably by the closed Banks for the bro
kers take advantage VI their necessities, and the
Relief Notes which should be at par bough at dis
count of from 10 TO 90 per cent. This is serious loss
and will ruin many Cannot some mode be adopted of
lessenng the ev' We hear suggested that the Penn
Township, Moyemensng, Mechanics and Alanufactu-
rers and Mechanics Bank, open their DOORS and
receive in payment of debts, each ohers notes This
al 4 a ificpv ha oI ht
the note holders, and the Banks could daily make
changes between themselves and withdraw their notes
from circulation.
Some arrangement should be made at once, we think
by these Banks to relieve injured and suffering peo
ple-Phud. Spirit Of the Times.
flr2ZA ron OH SorTHwARK.-Southwark has no.
bly, redeemed herself We rejoice at this demonstra.
of probty The part of her citizens, and hope
may be compelled to record after any election in
that district for the future result different from that
of last Friday. The regularly nominated ticket sue
ceeied By perhaps eight hundred majority. This is
glorious, Mr. Grover too-wth all his wealth, which
he fondly agined could accomplish anything-is
onger we are delighted TO perceive, member Of the
Board. The arrogance of ignorant opulence will no
longer rule that thriving district, and We may ex
pec 10 see the face Of affairs there express
SION gratifying every good citizen, and honorable TO
those whose exertions may occasion it, Huzza for De-
mocratic Souihwark,-B.
Ohio Banks.-The Pitsburg Advocate of Thursday
last, says: The twenty-five specle.Paying banks OF
Ohm it is confidently believed will be able TO sustain
themselves Some of the weakest have been heard
from end the account that they were doing well;
there being but little run upon them. Our own banks
have not yet had official notice of the Resumption bill
and not yet known what will be their course under
it. One thing however, pretty certain, that is that
they will promptly comply with its provisions
DEATH OF MAYoa-The Hon. Jacob F. Mintz
ing, Mayor of Charleston died in that city the 18th
instant. of govt in the stomach