New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-10-13
TUESDAY. Oct. PIP. II.

ihOhsDA1, Oct. I2--fs NJ.
There wac much larger activity in the Stock mar
ket to-day and prices generally we're buoyant mainly
through sympathy with the rise in Erie. At the Sec
snd Board there less buoyancy and the market
closed heavy. Enc was ass about the closing price of
yesterday. Reading has been stimulated by the large
profits Of its business and closed at ~ further i'm
provement Of y cent Central improved to 81;
Nicaragua 90, with good demand; Hudson River, a.
Cumberland closed az 80, showing firm market.
The Western Railroads are dull and generally heavy.
IN Railroad Bonds the business is 900, including
Eew-York Central 500; Illinois Central, 6si; Pana-
mo- se Erie, 1862, 70; 1871, 7Ol; Incomes &c. Sara
toga end Sacketfs Harbor, SO, &c. In Government
Stocks there was nothing done; but sale Of North
Caroliras was made at io2, and CALIFORNIA; at
IS. The business in Exchanges limited and the rates
have downward tendency. Sterling is e09i, with
rome leading bankers bills at 81 y cent in large bills
Frsncs, 5.l3iG5.l14. The supply Of Commercial
bills IL quite light From South there have been some
Francs received, but we hear Of but feg remtances
Of Sterling. Freigbts quiet. To Liverpool We hear
Of so 900 bushels Grain at 3i04d. in bulk Cotton,
ID; Dead. weight, 1916. A charter was made for
Malags, butthe terms did not transpire TIE London,
$50 bales Hops, Id.
The receipts at the Sub-Treasury are So, 1874; paid
Of the Assay Office have been about $1,000 900 or
$500 oOo The first deposit was made by Mr. c. w.
Thomas. From some unexplained delay at Phadel-
pba bars have yet been received, but parcel are
expected tonight The Exchanges at the Clearing
House were large-$l9, 53l 900. The shipments of
COLO by the Atlantic on Saturday promise to be nearly
million Of dollars, of which $3.50 900 or more will be
in Mexican silver. There ia yet about million of
tha VIZ m fnnd raunsinino in Rank The ander
of the seven millions far be asceraned, has
been RENTED to Europe. The money market con-
tinues without important change. The demand from
merchants is large, and they pay high rates, but the
stock houses quite easy and get what loans they
wan, with facility at v cent The offerings at
Bank are large and increasing. The street rates for
frst-cass paper are l00l2 v cent. The continuance
of the large regiments of the MONTH without important
deacaons lie increasing the confidence of capitalists
in commercial paper and the demand for frst-class
paper is nearly equal to the supply.
The multiplication of small banks with capital
mainly paid up in notes renewable continually, and
managed by parties having but little knowledge of
banking, is producing its natural result. To the
Eghtb-av. and Knickerbocker Banks already
cbronicled suspended must now be added the Suf-
folk The Suffolk has been in poor credit for some
time past, having arrangement for settlements
through the Clearing House The capital is s250o00
The circulation is reduced to some ESQ oGo aud viii
be redeemed by the Metropolitan Bank being secured
amply by STOCKS in the Bank Department The de-
posts have been drawn down to about $40 O00 II is
thought the assets Of the bank viii yield enough very
coon to pay their deposits The dividend to the
stockholders will not probably be large
one There was rather q serious run on the
Empire City Bank this morning, but the bank paid
up TO O'clock The circulation Of this Bank il about
s,oo 600, well secured by Stocks and the deposits
about $40 900. There is Sxpenny Savings Bank
com ecied with this institution, upon which there was
also some run Nearly all the small uptown Banks
suffered by the tongue of runner today. Most of the
depostors in Savings Banks being OF the uneducated
classes il very easy TO get up panic In regard to
them with yer, little distinction between the old esab-
hshed charter institutions and the bogus description
such as that connected with the Eighthav Bank The
deposis in all the Savings Banks will probably run
down for awhile, but the excitement will gradually die
away and they will up ain. There was some con-
siderable demand for deposltes at the Greenwich Saw
ing ,Bank to-day, but this institution having million
Of dollsrs invested in Government and State Stocks,
which are at any time available can stand any run.
The Knckerbocker Bank made strong attempt to-
day get aid to the extentof 100000 with which to
resume payment, Dut Ou NOT lne eecuIitoe
In the Savings Sank connected with it are not, we
hear, Of the most reliable description. The Eighth
w, Bank are endeavoring to negotiate their bonds
and mortgages in the Bank Department, when they
will commence redeeuing their notes. There appears
TO be determination upon the part Of the managers
OF the Clearing House to purge the City banking sys
tenn of all Banks the condition of which does not en-
title them to full commission Some bali dozen banks
outside the CLEARING House have been living ON from
day to ssy by making their exchanges through some
nssbtr Of the House. Such Banks are to be dis.
sssSisss ssd forced into liquidation. Atleast such we
understand to be the future policy. No Banks ara
10 be tolerated but such have bone fde paid up
capital and such as prudently and skilfuly con-
ducted according to the rules Of the Clearing House.
The Banks at present members of the Clearing House
are
American Exchange BANK, Irving Bsuk
Atlantic Bsnh Leather Mauufoturers Bank,
Bssk VI Eew.York, Manhattan Company,
Bssk Of America, Merchants Bsnk,
Butchers, Drovers Bank Mechanics Bank
Bsnl State Of New-fosk, Merchants Exchange Bank.
49, o.. Aeehaa I'd. D.