New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-10-14

The Exchanges at the Clearing House were less to-
day-sl6 2s6 600. The steamer Tomorrow will take
5000 900 to 81 900 900, unless there should be some
countermands. OF this some $4,000 s in Mexi-
can dollars. There is considerable difference
of opinion to the specie reserve TO be shown on
Monday next but the general opinion appears to be
that il will be about eleven millions. Money has
been in active demand to-day from outsiders but the
stock houses are generally easy The feeling among
The Banks ia thar further contraction "a necessary
The merchants thus far have met their October pay
menis with unexpected prompiness. The rates
for paper are not materially changed but
tepding upward. On demand outside loans
command higher rates. Borrowers not well
known. or with doubtful securities, must pay much
larger shaves than last month. There were various
rumo,s in the street to-day of trouble among the up
town Banks, but as far could learn, there was
less excitement than yesterday. At the Clearing
House ell the suspected banks were unusually prompt
this morning There was run on the Bowery Saw
iprs Bank but not serious This is one of the
soundsst institutions in the City, and can pay to the
utiermost Some Of the rumors of the day were
simply absurd. The Knickerbocker Savings
Bank, which suspended day or two ago with
deposites 10 the extent Of about 100000, APP
pears TO have been managed in direct violation
Of the law organizing Savings Institutions. We pre-
sume the Trustees are personally liable should there
be any deficiency Of assets to pay the deposits. This
Institution is reported 10 have $4,000 of Knicker-
booker Bank stock 500 600 Of st. Nicholas Insurance
stock, and a large amount of some Life Insurance
Companies stock as security for loans and all these
concerns are more or less connected with the Knick
erbocker Bank. This concern appears to have put
out It's suckers in every direction where dollar could
be drawn In. Thelsw authorizing Savings lnstitu-
tions states that the funds shall be only inves.
ted in Bonds and Mortgages, Government Stocks
or City Stocks. The Eighth-av. Savings Bank was
70 resume payment Of deposits tomorrow, but we
hear that il doubtful if will do 1t stated that
the stockholders Of the Ohio Life Insurance and Trust
Company at Cincinnati have resolved that in case
the General Assembly OF that State will not grant
such relief from the present burden of taxation imposed
upon said Company, to allow Of reasonable div
bends upon the capital stock the affairs of the Com
pany shall be wound up and the capital returned to
the holders of stock. There is less pressure in the
street to-day Of uncurrent money, and the redemp-
iions are proceeding without difficulty.
The report Of the Erie Committee win probably be
made public on Monday. 1t only needs the signature
Of the Chairman.
The Committee of the Board of Brokers to which
was referred the question Of the contracts in Parker
Vein Ceal Company stock, have reported the follow
ing plan Of settlement which has been adopted. The
arrangement is only optional, not obligatory:
"Ihe Committee appointed by 4 meeting Of men,
bers of the Stock and Exchange B)ard, having con-
tracts in the Stock of the Parker NeiR Coal Company
10 embody the views of said meeting, in regard 10
plan for adjustment of said contracts, respectfully
submit the following rs conveying the sense Of the
meeting: -,
"Resolrt1 That in view Of the difficulties in the
way Of the fulfllpent of existing contracts in the
stock Of the Parker Vein Company,
This meeting recommends a. compromise be-
tween buyer and seller the following settlement viz
tons.
Isl. he shall settle his contracts by paying TO the
tenei ~ per cent Of the price at which he purchased
and interest, leaving the stock 10 belong to the seller
VI 20; ne shsh pay the seller 60 per cent of the
price at which be bought and interest," sad take the
stock
.'Or Sd. lie shall pay the seller 20 ner cent of the
price a. which he bought and interest divide tbe
stock each taking half all the ~ an
ply to contracts at and below % per share tie last
f~o only to contracts above that figure.
In the delivery Of stock Contaminated in ,ba
above settlement il Is urderstood that the sIiar
deiiver certificate and rrevocable power Of aornay
attested by notary public irrevocsbls power a.
hesed without the certificate but in the latter essa
the power must be accompanied by affidavit OF the
maker thsf the stock stood in his the CLOSING
OF the books OF the Company, the party deverius
70 no way guaranteeing the commences Of the stock
The Auction Sales held during the week have been