The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1854-11-15
Money malfefaa


Everything here remains perfet 1aRsuiet.
In fact yesterday seemed to be almos -'"s9ly.
day with our banking houses. Rateys Tea g.
terest remain ss before. 1t rained ~
oil day. and il it should produce rise in the
river. it will go very considerably IN reliey.
ing Us from the present pressure.
Lou. Jour. I'M.
The Cincinnati Gazette Of Friday has the
following:
The excitement in money matters subsid-
ed in a measure to-day, but large number
OF people continue to cOngregate in the vic.
Unity Of the houses that had suspende -
McMicken q Co., small private bankers, Gus.
pended this afternoon John r. Morton &
Co. resumed business this morning. There
was no run on other houses, and confidence
in the leading parties how doing business
not having been disturbed materially, ali
drumming" is over. Deposits that were pre-.
viously scattered through large number Of
houses are now concentrating in a lew
The Trust Co. Bank was crowded all day
with PARTIES anxious to get their funds into
safe keeping. The rush to get a turn at The
counter, was q1,e as great as that expert
enced by the private banks previous to theft
suspension. This concentration vi deposits
and establishment Of confidence in the huus.
es that remain. will very soon work favor.
able change in the money rke,; and in
deed, u is was felt 20 some extent to day.
That this must be the case is easil seem
The houses that have SUSPENDED this week
apprehending an extra demand from deposi
tors, have kept themselves fortified; and i
is safe to estimate the aggregate Of the
fund.- held for this purpose at five or six HUI
bred thousand dol ars. This amount wal
chiefly paid out, and Is now going into othe
hands; and the latter having no reason u
apprehend run, vii, use this money Tor IN,
accommodation of the community. In
word. matters are rapidly assuming a rigr
shape, and all we need now is strengthen
ing OF confidence 10 secure a material i'm
provement. The latter is much scarcer thar
money.
The market FOR exchange is more settled
The checking rates to- day were l4@1! pre-
MUM; but sight checks were bought BY
bankers as low as ! premium.
! Messrs. T.. ); Goodman g. Co. and Ella
& Sturges have made assignments to v
Worthington, Esq.
By the arrival Of the America at Halifax
this atternoon, we have important CONNER
cial advices from England. The bullion il
the bank OF England has largely increased
and rates of interest on money were lower
A further advance had been established il
flour and grain, and the value Of the iorme
is now equal to $40 80 in New York, which
leaves fair margin tor shipment. Thii
would be most favorable news if supplies OF
this side were large, but as it is il will have
good effect.
Tie Miami Valley Bank. at Dayton, il
taken again by some OF our bankers. Tn,
notes oil IN. State Stock Banks Of Ohiu
being secured by State and United State
Stocks, are considered perfectly secure, an
the failure OF the bank issuing them to re
deep them, does not have much effect o,
their value in the estimation OF bankers, a
may be seen by the action in regard to thi
and the Canal Bank Of Cleveland. All tn
Kentucky banks are taken.