New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-11-02

mr.. AIDerS III. Nicoiay semi weekly auction SAFE
Of Stocks and Bonds will take place tomorrow, at
l2i o'clock, at the Merchants Exchange.
Mr.. Patchin has returned to Buffalo without paying
the interes. the Mortgage Bonds of that road a.
puIposed. Under legal advice be ntencs to pay the
money into Court and let the Court pay it to the
Trustee Of the Bonds.
The Cotton movement this week is:
Receipts q. all tor.. since the LIST Sept. bales 75iS 1915
Exports all ports since the Isl Sept bales $50 1sIot
shipment. from .cuthn to northn Ports Bis tsl2l IS esd
STOCK at New York, HA7 1871
In relation to the doubt whether Mr.. Walker would
make the deposit in time, required By Texas, to Sc
cure the charter of the Pacific Railroad, that gentle
man and Mr.. King have published the annexed state
ment:
The deposit is not required to be made until the
close of October.
by special messenger from this City, who would
reach Austin about the 2lst A duplicate was sentby
mail the succeeding day. triplicste was also sent
by q subsequent messenger, who LETT New.Orieans N
ample time to reach Austin before the close OF the
month. Two Of our messengers proceeded oy the
Southern railroad route A third messenger, by the
way of the Mississippi and Red River also started in
time to reach Austin week before the close OF
October. .
There can be no doubt therefore, that the deposit
made in time.
None Of our messengers were expected to reach
Austin until after the goth Of October.
You" respectfully r r Bu TAhks kfso
We hear various statements as to the kind Of se-
curtes forwarded by these gentlemen and if the
rumors are correct it is quite doubtful If Texas viii
receive them.
According to the official statement, the amount in
the United States Treasury the 23d utmo, subject
TO draft was 500 04s 900.
We annex extracts from letter received to-day
from Mir. S. c. Thompson, by John Thompson, Esq,
giving some information in regard to the present con-
dition Of the Indiana Banks:
MANY Of the Banks are located in counties where
there notares consequently the notes Oh those
Banks cannot be protested ms is certainty very
conyenent-for the Banks-Ed. TRIB. There are
two or three Banks, the entire body corPorates OF
which are carried in the hats of the owners. Some
Banks situated in the most inaccessible porons
Of the State, and cannot be reached excepting oy q
weeks Journey on horseback. All the accessible
Banks have been heavily run during the past few
weeks by the agents Of the Cincinnati brokers, VINO
are continually circulating among them with large
amounts of notes. The State Bank has been taxing
on deposit about fifteen of the Free Banks, but the
list will be curtaed tomorrow. About one-hai OF
the Banks have stopped paying specie and cannot De
protested. Gold here is worth 3d4 v cent. preml-
am The MsTAssny Banks are sp@ 10 %
now The notes OF many of the Banks are refused IN
trade and there IL no other currency--uh else pes
used up in paying debts elsewhere.
We have seen letter from the Cashier Of the Bank
of Haowell, thrown out by the Suffolk Bank, stating
that the Bank has not suspended and is as strong a.
any Bank in Maine.
We notice al increased ineyulurity in the money
market-the supply being more abundant In some
quarters while continuing quite as stringent in Others
Very large rates of interest paid for loans on good
anlI, 20 RI IN ont
eide parties for money. Some Of the Banks are rather
more free lenders on call this week. The discount
houses continue to want gilt-edged" paper $50
10 CT but other descriptions go at ia ls and even
24a36 y Ct The infrequency Of mercantile failures
continues to excite the surprise of the Commercial
world There are undoubtedly many cases OF partial
payment and some accommodation on the remainder
of maturing obligations, but we hear OF very few
absolute suspensions during the last few weeks The
present week will be the seyerest Of the season.
Bank President of Of our largest banks expressed
the opinion oday that the worst of the present pres
sure had been experienced and that the next fifteen
days would show much improved state OF things.
The Suffolk Bank requires the other Boston Banks
redeemipg by arrangement the notes OF outoi-to Fn
Banks, to guarantee the notes OF such Banks de-
posted BY them in the Suffolk, until notice OF the
suspension OF such redemption arrangement has been
given. The Exchange Bank has taken legal advice
upon the subject Of the power Of the Bank to make
such a guarantee. Mr.. Pelig w. Chandler has
given his opinion that the Bank has no power to
make any guarantee of the notes Of other Banks
On Saturday Judge Mclean gave decision In the
Rank Tax cases Several Of the Banks hsd procured
ipunctions against the County Tressurers, restraining
them from proceeding TO collect the taxes as levied oy
the Ta1 Laws of 1851 and 50. 1t was moved to dis
solve these injuncons in the against the Cuya'
bces Treasurer; and, after consideration, Judge
Mclean overruled the motion, and made the inJunc'
tons perpetual. He decides that the Tax Laws OF
! 1851 and 80 ere unconstitutional and void
| At Boston the money market is stationary The
amount of business transacted outside of the banks
has diminished very much. Eight p cent Is the min
imum figure for the best paper offered; but and ~
cent. are the average quotations for very accept
| able Glaze Of names
The oyer.isue of Naugstuck stock was al7 shares,
and Il i doubtful If the whole oft can be traced
The Philadelphia Ledger says;
"A most trying crisis in commercial circles com
ns,ces This Az From the Let 10 the 4th inst paper
covering lsrge amount q the trade OF last spring
| fsIIs due This is always an anxious period among
CIV ,syos merchants but the trouble IL greatly aggra-
..sd ri, wear by the arrangement in the currency
IN Ohio Indiana flinos asd Kentucky, and the grea'
st,ingency experienced in the money Market OF nose
SI.ss II IA on the interior traders that our city msr-
sh,n.s most rely for help to carry them nrougn ,ne
irving three days now upon u.s. good dea o. als-
! snr.,intment however, IL feared this year. lnder
| sffN-~I l.. Of rrassure and derAp4ement OF the