New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-10-07
LxrEsEp roR coysvnFrlos

Total..........................l eio9a
1853. 40 h'~'o,'
When we made the announcement few days since
Of the change IN the Presidency Of the Eishth-av.
RAM we were aware that there was trouble in its
fn.nces but we refr sned from making any allusion
q. the fact n. there was reason 10 believe that some
sr,angeuent for help would be made which would en-
Ill :, IN On on These arrangements, no eeger,
failed and the Bank has been forced 20 suspend. Its
d.,o.i,. and circula alton will probably be paid. Con-
ected with the Bank was a Savings Institution, with
ont We understand any legal existence, and the fands
Of hi. Savings Institution ceposited in the Bank
and form It's principal liability in the shape Of de-
posits. I,s deposit account is about s2s 900, Of
which s25 OoO are due the Savings Institution Its
circulation is about $780, 600, for which the Bank De
paItment has the following securities:
s. .si2SS2 U States Sc ls62.,..... 1900
N y 6is f6n......... 100 Boods and mortgages on
Canal Loan 6s....... OotV bioOsyh FvfFiJ'''' '''V
U. States "a, lSG....... se"' 80 -,
TOts.... %
This concern has never been admitted to the tiear-
ing House but has until the 30th ult, made its ex-
changes through the metropolitan, and has never en-
ioyed good credit The notes selling in the street
at 10 = CT discOunt.
During the morning, and up to three O'Clock PM,
there was crowd Of from fifty to seventy-dve per-
Sons in front Of the institution anxious TO be first
hand IN case the doors should be opened Seeing no
chance for obtaining specie for their notes, however,
they at length quietly retired.
Tboppson's Bank Note Reporter announces that
the notes Of The Ellsworth Bank Maine are thr)
out at the Suffolk Bank, and that the Erie and Kaa-
mazoo Bank at Adrian, Michigan, was enjoned on
the 4ih inst
A t,l, graphic dispatch states that the September
receipts of the Chicago and Rock Island Road we're
$780, II the amount is teegrapbed correctly,
this s some ESQ 600 over the estimate OF the Com
pony, and ia equal to earnings of 5000 900 on the
Erie or Central. The earnings Of the Madison aud
indianapolis Road in September were we heaT, about
s3O,o 900 large amount of hogs have been trans-
ported North for feeding purposes. The Marietta
and Cincinnati Railroad is now finished 10 Chlhcothe
Thee is 10 be a celebration of this event there on
Thursday next. The business on this road is already
considerable The receipts of tho Milwaukee ADD
Mississippi Road in September were $50 233, and as
we announced some days since, for the past nine
months s3O4, 527. heJanesviile branch, eight miles
has added SIS, l39 TO its revenue since June.
Tie Canada brought quite large amount of orders
for American securities, manly Erie Shares and
Bones but in most cases limited below the market
The steamer which arrived before the Canada left
carried out the quotations for Erie 32I, it having
been % the day before The quotations after III II
date showed continued improvement. The Limits
received here are 35a4O with some orders which
have been executed at higher figures. We think
there were orders for not less than 900 shares Erie
of which about 900 shares were purchased. There
were also considerable orders< for Erie and IL
krois Central Bonds. The letters generally
favorable, and predict further Improvement
in commercial affairs should the Sevastopol
expedition be successful. Money was in active de-
mand at 40 y cent. on best bills In Paris money
was very abundant. At Frankfort there was quasi
panic in American securities upon the receipt of the
low quota,ioIs for Erie carried out by the Asia %
%. II may not be generally known that Erie Stock
and Bonds are regularly called on the Frankfort
Bourse as at our Stock Board. The letters express
confidence in The Ultimate of the Erie Road. but
advise great economy and the cutting of of all con
struction expenditures There quite strong disPo-
siton eyinced in London 10 speculate in the stock and
securities of this road letter from Paris says:
"1he manifest Improvement in financial matters
noticed in my last letter has continued aud increased,
the evidence of which you have in the advance IN
Consos French Railway Securities as well as Eogiish
Railway Shares. reduction in the rate of interest
by the Bark of France is nov confidently expected;
an fact it looked for the past week. Action upon
this question, however, deferred short time for
other reasons and not because the supply of money
and ability of the bank does not justify the measure
All EYES are turned TO the expedition 70 tho
Crmea. Upon the fate of this expedition hangs tao
question Of the character and expense of the war for
The future. All friends here agree in opinion that
il the allied forces successful in their efforts lst
Stvsstopol there will be perfect restoration of COZ
fd. nee and unparalleled prcsperity-sn immediate
loosenng Of the purse strings for the Investment of
money. This would very speedily affect American
Securities of approved character. Most of our capt
ialsts are out Of town, and business is therefore
quiet.
Consols closed at 95i 95l, showing steady mar
het The fon )wiig table " III show the fluctuations
in Consols during the week: