New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-11-20

Banks for the present as compared with the previous
week, were as follows:
Cspital stock g 81 $4,000 S3 S00W
Loans and discounts 52,l42soo 5.s5o ~
s s%oun due from other Banks. $500 1900
Amount due to other Bsnks..... 4l1,1
Deposits. lo44ooV io.sS0gy
Circulation. T,5S'W hS'h""
The specie, it will be seen, has fallen off over
$500, OOO nearly all of which has come to New-York.
The steamer from Boston to-day took $3il 900 in
gold.
The business at the Clearing House was sS 49S, OOO
The money market continues TO show an improved
appearance, and in stock circles there is little or
difficulty in obtaining accommodation Private capital is
more abundant, and the Banks, under increasing de-
posts, are disposed to deal more literally with bor
rowera The offerings for discount not excessive
and in some Banks have taken short paper from
dfcount-bIokers. The demand for money is still &C.
tive but the relief from last month is very marked.
Merchants, as far as hear, easy and their
pa, ments made with great promptitude. The
business of the country is undoubtedly in very sound
state and nothing but excessive mpoatons can, for
some time at least, produce a commercial revulsion.
Firstclass four and six months paper is easily passed
at 9al0 y cent, and many names will go at Sasl y
cent. Call loans are y cent.
The cOrneIiDg case in Susquehanna Coal Company
Bonds TO which we have referred before, and which
was submitted by the Board to Committee of its
members has, we understand been arranged, as far
the brokers on both sides concerned, by canoeing
the contract. Whether the principals will take any
further action remains to be seen, but we should
Judge that the facts Of the case would scarcely bear
being aired in q court Of law. We presume this will
be the end of the matter. The brokers for both par
ties entirely exculpated by the Board and others
who have been made acquainted with the facts, from
any improper action. Both acted in perfect good faith.
In relation to the failure of the lancaster Bank The
philadelphia Ledger Of this morning says;
This bank has long been looked upon with suspi-
cion by those convesant with its operations and the
speculative tendencies of its active officers. Its crcu
lation has all the time been large-so large as to
attract attention, especially at points somewhat remote
from the backs immediate neighborhOod. The late
President of the bank We learn, has been connected
with various speculaons in gOld-huntiDg coalands,
etc., and understand that at one time and it may
be the care now that bis bank furnished notes for cir
culation at small percentage to one or more of the
Ieighborng Saving Fund Banks. The tendency seems
to have been all the time to wander from the business
Of legitimate banking Into wild specuations The re-
suit is told.
"The new President who is said to be very COM
potent man. may probably be able to put the bank in
operation again. though want of confidence is stub
born barrier to in the business Of banking
He is surrounded by Directory that numbers some of
the most respectable and wealthy citizens OF Lancaster
10 reinstate the bank in favor he will have at com
mand.'
The Washington Un.on says that contracts with the
United States Government have been executed by
Messrs. W. T. Craig and w. r. Rightor of Newport,
KY. for the purpose Of deepening the mouth of the
Missssipli liver. They are TO give depth of twenty
feet below 10 water, and width not less than three
hundred feet to the Southwest Pass and Pass loutre,
for the sum Of sl25 600 each; the time limited to ten
| months from date for the first named, and fifteen
months for the second.
They furthermore agree to maintain said depth and
width to said Passes for the term of years there after
for the fGi Their sum OF $12,O00.
This tract possesses more than ordinary interest,
aside iiom the gigantic work it proposes TO accom-
pl-h from the fact that an entire new principle in
mecbaI les is to be applied and developed; and from
the evidences before U.S. we can but predict its eminent
success.
The pnpllosophical ard exploded system Of scrap
ing aid dredging out the channel Of river, on the
score Of feasibility end economy is by these enterpris
ing inventors demonstrated to be unworthy the present
age of progressive science and we especially commend
this valuable invention to the consideration of parties
interested in deepening the outlets Of rivers and har
bors on the Gulf Coast assured we are that, when
ever a sufficient volume of flowing water can be
trazed the desired result can be speedily attained.
1t is gratifying to to record the fact that the eIclus
i've night to this principle is secured to the invent
ors by patent dated July 3, 1856.
The main features of this novel invention consist in
peculiar shape and point given to saved spiles, 50
mat d1ter one, etyieu urlVen 10
its proper bearings, and secured to substantial and
tbuous BEAM the remaining ones, unlike the fret
ST. led followers, are one after another placed to the
oCge of Its predecessor and successfully driven down.
Obeyirg this mechanical law, these followers in
their descent maintain close contact and true line
ivrniitg IA complete dam or breakwater a. the work
progresses, each being also fastened 10 the continuous
beam.
Aside from the magnificent results promised to the
commerce OF the South by the opening of her rivers
vessels of the largest class this ention assures
speedy and effectual stopping of all crevasses and
breaks TO the levees that line the margin of her great
rivers.
At Boston The Journal says;
Money is easing up again quite rapidly Negotia-
tiors yesterday and on Monday were made at rates
cent lower than on Friday and Saturday. The Banks
discountng more freely and there is less call for
NeW-YGk funds. We quote first class names 3 to 81;
good Endorsed notes 10 cent. Minnesota i'm
proved to 81 bid, the stock being held at 100 Tue
Weld Of this mine for September was $50 tuns--makiug
for pine months, ,39S against DAB tuns same time in
1859"
The books of subscription to the Wisconsin and Su-
perior Railroad Company Eastern land grant road)
were opened the 9th inst at Fond du Lac, atwhch
time over $lS0, coo had been subscribed Messrs.
Weed, Dody, Scott, Kuehn, Hitler, Cell, Haerel,
White and Wright, OF the old Board of Directors, re-
sigLed, and Messr. VIM. d. Ogden, N. X. Wheeler,
Henry Smith and John p. Chapu, Of Chicago, j. j. X.
Pease and ]. ID. Crosby, ofJanesyiei Rufus Cheney,
jr., Of Whitewater, and Charles Butler and j.. w.
HickOk, Of New York, were eogted in their places