Meigs County telegraph. [volume] (Pomeroy [Ohio]) 1848-1859, 1854-10-24

Isaac OSBORN DAVIS CIRCULAR, FoU tbs
wEER ENDING WEDNESDAY, EVENING OcTo-
BEa, i8,-The state of our Money Marker
sill remains very. stringent, and money
rates, on short, prime paper. OF from to .
per cent. per month on The street. Our
Banks are doing nohing for lheIrcuslom
ers. This STATE Of affairs is Attributable 10
the. .unse,aed currency Of our sla.e, which
we hope, will soon be inla better condition,
as our Bankers have e'aboutconsumma,e ar.
tangemen,s. 10 take effect, Is, prox., with
the banks Of Ohio, Kentucky, Wherlng, and
the Sta,e Bank Of Indiana; BY which The for,
merugree 10 supply Eastern Exchange, for
the ensuing sixmon,hs, and no. to exceed !
oi per cent. premium; and not 10 send
back any Of The issues Of. these Banks for
redemption, within lhe same periodic This
will stop "assorung,"p and by giving these
Banks the assurance that their bills will moi
be Immediately returned for redemption.
will give them confidence 10 issue an abun;
dant supply for ,hs wants Of the business
community. 41.sF ea7aq ss. s.
These issues Of the Indiana Free Banks
are sill refused by our Bankers. Our mer.
chants have taken the matter in hand, and
have agreed 10 receive the bills Of some
thirly.fuur Of these Free Banks. so long as
they continue to redeem them when presen.'
,ed.s. This greedy facilitates the pa ynneu. Of
the indebtedness 10 the Indiana metchants,
and, in conjunction with The action Of the
Bankers, give great relief 10 monetary mat
lers. ,{"&r ~
The Stock Market sympa,hises closely
with the MoneyMarket. and presenjs o state
OF apathy auribu'abie entirely, however. TO
want Of means on. the, part Of operalors.-
We quote the Market as about ihe same as
a, our iasi Report; with less frmness how
ever. Every indication is lho, as soon as
the present s,ringencyis removed, ou' Mar.
ke. will presen, buoyancy that it has moi
experienced fora long time. on
,Veryrespecifully - .t4
ISAAC OSBORN DAVIS. .
P..S. Since our report was made up, we
learn that several Of our Banking Houses
the Savings Bank, the; Peoples Bank, and
the Kentucky Trust Company Bank ofGov-,
ington,. have closed their doors The Bank
of EConenrsville, Indiana, is closely allied to
the first and last named, being owned by
the same parties. We cannot give particu-
lars at this time.
The Germantown "Loconolive" bears
the following testimony in regard 10 the for.
eign vote in that locality:
l. looks as if great poruon Of, the for.
eiRn population have gone for the Peoples
ticket. lf this place is my criterion by
which 10 judge Of other portions of The State.
we know very well how they voted, Our
German voters were almost unanimous for
The Peoples ,icket--some of them exeriing
oil their influence in its favor We even
saw German Catholic one Of the most &C.
live friends Of the Ticket. g
A "Telegraph Wagon" is in use in the
army in Turkey. 1t is formed of large
coil Of gutta percha covered copper wire,
attached to self-acting plough, which bur-
res the wire few inches below the surface
Of the ground. On changing quarters, the
wire is dug up and again used.
P6nce John Van Buren was one of the
passengers by the Baltic. S
CINcINNATI. Oc, l9.-River risen IA
inches. Weather clear and COOL Flour,
sales Of 700 bbls. good brands. No sales
OF provisions.
The money. excitement has almost put
SOP to business. Ou,call & Co; private
Bankers, failed this morning Deposi'ors
are running strong on Ellis & Slurgis, and
Smedds' Cizons Bank. But The impression
IL iha, both houses are able 70 sustain the
run, and .ha, the excitement will be over TO-
day.
FINANcIAL.--The Cincinnati Gazette
says there was much excitement IN Third
Street yesterday, and small deposiIors were
generally alter their money. The Banking
house Of P. B. Manchester. closed lis doors.
B. F. SandIord g. Co., who are connected
with the Ky. Trus. Co. Bank, have also
stopped paymeni. serious cash among
she Third Stree, Bankers is apprehenJed.
MIcnieAN.- northern regions Of this
State have a law for thcir special cohven.
ience which authorizes them TO vols Tor
CuuUby anu Abdbo OhISVio III NcptSiHutI' uuu
before the weather and travelling get bad .---
A,ihe )aie electioa in the mining region,
including the Saul, Mr., Upton. The Anti.
Nebraska candidate for Senator, was chosen
over Mr.. Graveat, Democrat. That is
.heway the eectiongwill 60 all over Mich
igan mex. month. GvR gal EfAa
Of the 81 members Of Congress elected
IN Pennsylvania, Ohio, and Indiana, 81 are
ami, Nebraska and are Nebraska men,
Such is public opinion al The NOrlh.
NOZZLE ,CoUNrH,- Minority for Norris,
4a5,; Tor Miller, 453; Tor Wiro, 49,. This
10 one among the very. few Locofoco coun.
sies left in Ohio. The county seat Is remov.
ed from Sarahsyille,o Col, Caldwell's farm
IN Olive township, some eight miles soulh Of
Sarahsvlle. ar7 h IsJ's lt'
ts REMARKaBLE-The OH Congressional
'Ds.iici, composed Of the coun,ies Of Craw.
ford, Hardin. Marion, Ouowa, Sandusky;;
Seneca and Wydndoi, has elected Cooper X.
WATSON 10 Congress. by over 8 900 majors
~. Il MAS one of lhe hardes, districts in
the States Every eo0ntg, except Hardin
gave large glpjrntes for Pierce, and hardin
was only 35 Tor Scoii. Il shows a remark
able change 10 public opinion. as eosry
eOrniy.aew gives a majority for Wa'son.s7
9.gJphn ], Ctittenden, IT., 4 son Of Govern,