New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-10-12

Quo'sfirrs afford scarcely any evidence 81 SOCK va
zee Money II IL very urgent request, bat mere is
very tile outside borrowing, because there afe is"
or 10 lenders -,
The Esu.York Banks are holding 20 msuf1l'y, and
the more Intelligent blsness men Of that CITY, a. ven
a. al the newspapers there, se rgnoe mere sI DC
no general sus pension by the Banks, the ifisaa Sc
counts BY special legraph dispatches to the contrary
notwithstanding. The difference 81 very decided 10
the tone OF hese dispatches from the tone OF me press
and from private letters sent here.
Fun The Cincinnati Gazette Oct 10.
In our own market 10 material change has taken
place in fnsncis affairs since yesterday. Ih5re naVe
been no failures. The demand for money, 81 things
considered IL only moderate. New. York Exchange
is in fair demand with sbou. a corresponding supply
at 5 premium for Bankers checks. Baltimore and
Philadelphia checks are very dull at par a &c. as
count. Altogether matters presented favorable ap-
pearance this morn ing far regards local interests
But the advices from New-York, made public on
Change, upset all calculations based upon The favor
able turn which matters seem 10 have taken on the
Sesboard yesterday, and public opinion as TO the I'M
mediate future is nov much unsettled IS ever, ex-
cept perhaps that most Of those who hsd confidence
il the ability Of the New York Banks to maintain
specie payments, OF the opinion that they will
in New-Ycrk would of course be followed by general
bank suspension throughout the country. When
houses like that of Helpers, with assets Of one mi.
lion dollars in OF their liabilities, are forced to
suspend the severity Of the pressure and the scarcity
Of confidence may be imagined. Two evils are nov
before the comm unity and have heretofore re-
marked, one or the oiher Of these must be accepted
One lie general suspension of specie payment, and
the other prostratiOn of mercantile credit.
From The " O. Fieayune, 3D.
The week that has just elapsed has probably been
more trying one than any have experienced sioce
1872 The demand for money in bank has been very
urgent to meet the payments maturing tomorrow,
which from dilgent inquiry feel convinced are well
provided for On the street, negotiations are at
stand, even the best paper cannot be passed at
cent hence the banks have 10 carry all the osd and,
TO their credit be said they stand up Handsomely TO
the task. 1t is of to give our usual table OF
quotations for paper and We omit 1t, with the remark
that where casual Gales have been effected the rates
range from 2a3 T. cent II ia superiuous also TO
make any slusion to stocks, as securities cannot be
moved now without extreme difficulty. Until Sterling
bills can be passed readily in New York there can be
no activity here butwe look hourly almost Tor sucn
change there will lead to extended negotsfious and
enable our bankers to sell Sight in payment for bills
Yesterday and the day previous abo1 ED OOO were
passed. chiefly TO the banks at 100 lOl, but to-day
the demand fell off while the stronger class of draw
eIs generally asked fraction more, which views, be-
ing rather wide apart tended to restrict the sales as
far We could learn, 10 some w oO or 80 soo prn-
cpaly at 100, snd little at 1909 lOl. Some clear
was sold at 99l, and bill Of sding drafts at 96a974
ard 90.
Yesterday was looked to with fear and trembling by
the timd For the last ten days the croakers At
every corner, as Saturday was approaching, would
mysteriously whisper in your ear as they passed,
Look out for the first and fourth-Ssturday will
first and fourth" has come and passed, and we csn
as sentnels Of the great commercial watchtower
proudly proclaim that alls well The Citizens Bank
the great monetary heart OF the city, it is true yes
terday presented picture of stir and hustle which, to
outsider seemed strange at this season OF the year.
The payments to be made were large, very large and
the crowds which josted each other in entering and
making their exit from its portals were parties whose
business was principally with the note clerk. They
were payers, not borrowers.
The Nashville Union Of the ID inst publishes card
signed by the of the Bank Of Middle Tennes-
see, in which they pledge their private property for
the redemption of its issues. Tie Union says they
gentlemen Of high character and large estates"
From The LOui,rUe Journal, Oct. 9.
We have no change TO notice in the Money market.
The Banks continue TO check on Newly at pre-
MUM and on Philadelphia at premium. The brokers
check the East at premium, and buy the notes OF
the old Tennessee Banks at discount The Indiana
State Bank continues at Ia discount. Some few of
the free banks are taken at the same rates. All the
banks oiscountng, but for sepreservation cannot
take all the psper that is offered.
From the Chicago Erenng Journal Oct g.
The market remains unchanged in its general fea-
tlres. Despite the money pressure bresdstuffs
firm, and there is some competition. Receipts have
increased, equaling for the past twentyour hours,
,426 bbls. -four, 1C9 Cpl bush. wheat, 4153 bush.
ORD, and 1856 bush. oats. Shipments are also large
amounting to 635 bbs. -four l07 493 bush. wheat and
1900 bush oats
Springfield, ILL.,, correspondent of The 81. Louis
Republican of the 9th inst says:
All Illinois money is taken here at par and consid-
cred perfectly good, except the Bank of Belevile and
Bark of Elgn. The Bank of Bellevis will pay
about 80 per cent, as is now thought Elgin is worth
nearly par.
The bankers here seem to be getting along remarka-
bly, well and the people appear to think that it will be
right soon.
The people of Illinois have confidence in Illinois
Banks. Let Missouri make provision for her bonds,
and Illinois Banks are safe.
A correspondent of The 81. L0uis Republican, writ.
ing from Omahs, Nebraska Territory, under date Of
Oct. !, says:
Never since the organization OF the Territory has
such panic existed in monetary affairs as now exists
Busin ess is almost entirely suspended. The Western
Exchange Fire and Marine Insurance Company, an
institution chartered by the first Legislature with
banking privilegeshas suspended, and notwthstand-
ing some s. 600 were deposited the day previous -
The Fontenele Bank Of Belevew, owned by the
same parties has also suspended. Thos. Il. Benton,
jr, OF Council Bluffs, banker &C. also gone by the
board Armstrong & Clarke, and +. Brown OF On
There was no run upon either bank. The Western
Exchange has we are informed circulation OF
$4,000 now out; sof this, none will be redeemed.
1.-The Bark Of Florence and Nemshs Valley Bank
we are informed have also suspended. Property mss
little or sale here and lots 10 Omaha which would
early in the Spring have brought 81 OW will scarcely
sell for 500. When, how and where this panic Is to
stop il is utterly impossible to say. The pressure OF
the money mske East is severely felt all through the
Northwest. There is scarcely any money in crcula-
ton here but the Omaha Scrip, which was issued
by the city to aid in the completion OF the capitol
buldrgs-and this will not pass out OF the city. And
this state of affairs k not alone peculiar TO Onahi
but also through the whole Territory. We have seen
but place in this section OF country winch tals
panic does not seem to affect and that is 81. Joseph
There, everything seems to be wsgsing on after the
same old sort. We spent few days there recently
and found all things quiet 10 panic; business brisk
snd oil busy. We visited two OF The largest houses
tbere-those Of Messrs. Tootles s. Farigh and j. b
f,rr fhnfh rsin VA herfaf Or