Daily American organ. [volume] (Washington, D.C.) 1854-1856, 1855-01-10

INV YoKK, Jan ., isSs.
II ID now very generally admitted that the crisis
has been passed, aud NO may with certainty anti
cipate gradual Improvement In financial matters.
Since the discovery Of the Schuyler fraud IN July
last, In connexion with others mot on quite 20
grand scale, confidence has received ono Of the
most severe shocks ever known In commercial
community. Our merchants have had hard work
to stem this adverse current, and many have been
obliged 70 suspend; but those who have been able
to weather the storm stand IN an enviable po6llon
before the public. The most extayagani rates
have been paid for money 10 carry them through,
and one Of our leading merchants has paid during
the last six months about eighty thousand dollars
in discounts. This may not be credited, but I
have sufficient proof that such Is the fact. Now
money on call is down to Ia per cent, and good
paper can be sold at from 10 10 10 per cent. dis
count
The bank statement published this morning Is OF
the most favorable character. The increase In
specie is about $l,50o,0oo, the deposites over
81 100000 the losses and discounts, however,
have only increased about 100000. Our banks
in the city now have not far from $4,000, 900 In
their vaults, thus making their position very strong,
and consequently their line of discounts will no
doubt be materially increased this week.
It will be recollected that before our city cleo.
ton last fall, Fernando Wood the Democratic can
didate for Mayor, was the most abused individual
Of all the numerous candidates for Office Now a
change has taken place, and this same individual
is trump. He certainly has taken every one by
surprise even his own personal friends, and II he
continues in the good work he has SO nobly begun,
he will receive praise from all parties He has
given strict orders to have the streets kept clean
to have all street beggars taken up and all liquor
shops to be closed on the Sabbath This last order
has been received with much favor by the friends
of temperance.
A. T. Stewart, the Broadway dry-goods mer-
chant, has opened room in the basement Of his
store, where soupis prepared and literally dealt
out to those in want, between the hours of twelve
and two o'clock, p. M. Mr.. Stewart himself dished
out the soup on the first day.
What is the matter with the National Iateiii-
geneers In speaking of Grisi, Mario, and the
opera, 1t says:
The progress of this company through the
Clues OF the NORTH mas been q continued series oil
triumphs Of crowded houses, and unbounded APP
plause."
This is not the case, far from it. 1t is well
known fact, that the opera, under Mr.. Hackett's
management has been a failure, and the grand
of this failure was the high price Of tickets
1t is impossible to fill house in this city, night af
ter night, with the price of admission at two and
three dollars. The InteUigencer has been imposed
upon that paper certainly would not use such
language otherwise.
A book has just been published in Boston, en-
titled Paul and Julia or the Political Mysteries,
Hypocrisy and Cruelty of the Leaders of the Church
of Rome, by John Claudius Ptrat." This work
makes disclosures which will open the eyes of the
American people, and it ought to be read by every
native born person in the Union.
A little reaction took place at the stock board
to-day, in the fancies, but State stocks generally
improved. Virginia skies sold at sS l-2; Missouri
skies, SO IA IS l-2; Indiana fves, 10; North
Carolina skies, 94 Ohio skies, 90 and California
sevens of 1870 brought 50; Panama bonds, second
issue, sold at SO a a. L. S.