The Burlington weekly hawk-eye. [volume] (Burlington, Iowa) 1857-1858, 1857-09-30

a.h..-- ..-.-... q
a hi, q 4 =. eoo1.
II pce8 a. 1ey Af9e STOCK OF good
selected With hiD usual discrimiuasion and iuda
mant. and h0uehf At raducAd nan;c R;~nr.a
y. c.....h;.i. = .-,. !. -
-. ''.'-'s. = = - - c0
= end - ess eooos ana hgufes ne v bound e
cell. .af
-
RaMnmca0l AFFAIR.
~ lsFon - =. I. 1i1es.l
= s..ss! u Apsvse~ses = m0eey 81
49, = ~ ~ c. 1.,, g Dn,S yeesefoay
49,. . -. -. 49,. s c1sA :o-esl
s1 49, e svsaes IIu,0s Sus.S.. eatn:r e ~
~ sussoss tseeOss q - &Ass en0 70 fhila
desphsa were connsmsd ~ telegraph. The an
nouncement vas also made q the close Of thu
oey tnas me Uela~aee, Lackawana and Westefr
haalsoad Cempany, which oeocsrn embraces one
Of the stroneest Bsts of stock and bondholdera
81 The CITY, vonld be unable "a mat THAR ma
turing obligations promptly alfer Is dav. Eve.
these additional failures we're NOT sufcisnt - =.
peeag alfneethar ~ min 49, & ana.s;.l -.
iideuce yeSterday and this r,ernine. M lar~e
salee Of raper. thoueh altosether of che;os ~.
natures and indorse~ent. vere aeain made :.
lea24 mar cent Outside Of bank. n,
The private letters from Boeton and Prov,-
deuce. g veil q from PhiladeIphia. received
this mornine. eaarcely authorized the exnect.-
t;on Of further serious trouble in Nav En~lsna
or in the last named ouartar. We 40 not Rnov
that the nature Of the fsilurea announced nv
telegraph really nartaka of this character Ths
notes Of the Hartford County Rank. az Connect;.
cut. have been thrown out a the Suifolk redemn.
ton. but the copcern il aaid to have been ahort
IN availahle meana for some time mast Il I'M Z
can;tal Of $500 600. The failure az pl.tner 4
facture. il = large one. The special or local
cau,e Of trouble il NOT stated. In Philadslnhia
the sin goods house of Caleb Cone q O. ~
nearlv thirtv Years, atand;pe. went dozen v;sh
Zoo o00 l;ab;litiea From being verv rich ana
nrcmnt nader The Immediate n.n.9amant ~
r. ...r;o- n.rtner Il IN oflste 700 sn;o,sd !.
80. .,,,s..;cr. M. e.sd;t tn .Sd;,;o..sI
...,;,s f.;ln-.. hsre -;,h;n . e. ~. ;rol.,.a.
4. ~. !. - .il.d.d ~ :. ~ CO., ~. -
.ss,o~n -. of s.cnna' rate ;mnorssnce rha
$3.50 ,;n n.oh.his .r,,a.- i, ~ .s..,,ls.aa,.
:. -. -. p' -rs,~-' "seA
T,.. ~. p.DIs 20 f-.o f-o,, ..orh,. ..,o..
.nd ara eener.ily .a;sconnt;.s ,l,s
s.sI .....r.a &c .hs;. rscs;o,. - r.r1.. d..
Ths.s |. : ns;dssahis rm,nhsr of cont,v =. :.
Lsr. IN tho c;tv from the interior of this State
:, "a W. Er~l.nd iook;nv .fter. their .cconn,.
ma ...I;n. e.l;ef in The vav az disconn,. =
Ta.v rec.rd the aceumnlation Of Ave miIlions Of
enec;e at .his noint aimee the nressure set in.
ueost ofit drarn from theinterior = sutbor;xinr
. l;h.rsl nolcy ON the mart Of the city Bapks'
A. much for the interest of their immediate deak
err denendept on collections and the prompt
movement ar nroduce 10 meet their fan nav
ments. - for the convenience Of the country
RsrLe vho have haan mada noor ~ atren1then
the city. without e yss sseine the practical eyi
dencee Of Improvement here. Il i NOT our pro.
vince to Judge between the parties, but il 10 Ger.
tainly public interest that oil the solvent coun.
try banks, particularly in our own State, should
be As little embarrassed % practicable at this
important season of the year.
From the n. 7. Tribune, 24th.l
The Chicago, st. Paul and Fond du Lac Rail
road concern have Jailed Tor u, 4Oo, GOO to-day,
and made an assignment to messrs. Noses, Tsy'
Tor Go.
rem " 49, a0.k AAoePsnosn''
~. u...v So..ss. aon.;nm.. or,...s;v.,v
..,;...n. II. ~, thsr. :. nct : .rsysc;enc,
~ naorov here hut II : not in tho m,rLet for
"a. On ,hs Soeh Sensemher 1s56. the hanks
h.d onlv xIa a7O eSb in apecie. On the l9th
ls57. thew had Sls. s66. 1855. Yet
the;r Iasna we're larger then by over 1900. 900.
their c;rcula.ion less by A7Oo. 900. and all With
nm easy money market; because confidence was
ls,AuehnA Thu Enafuro nf tho Pkok ia
s.ill nm Of confidence: and what 10 the cause
of this rant Of con6dencey A needless one
the fall in the value Of Al railroad investments.
WHICH des,roved the basis ON which I large
. NOM. ~ iona Vas made and . large amount
e erch.nee em.cted. The banks are now
moved ~ last veek's returns 70 be in Z sound
,os;,;on. The toss Of the treasure in the Cen
trsI America does mot affect them. because they
have already increased their specie and con-
tracted their loans 20 . perfectly safe extent
Yet the aemand for money l. extreme, and be-
yond The supply. There 10 mot the same
mercant;le ueper a. usual. Distruss has check
Cd this species Of investment unduly. Trade
depends greatly ON the facilities for the sale Of
,nerchants' notes; and must be greatly impeded
when the market closes upon The ready sales Of
shis pecies Of credit; and consequently business
has been greatly contracted this week.
The rates are TOO high 70 be ct al satisfac-
tory. Few notes are sold under lS per cent.
however high their character; and many only
at from 24aSO per cent. Two per cent. per
month 10 . very common rate. The banks ap-
pear to have had their deposits increased, yet
their loans have again been reduced q. soo. 900