The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-29

Oakley * Hawkins viii resume Oh Mon,
day.
j. A. Doagherty X Co. Western Pro.
duee dealers. suspended yesterday.
LOUISVILLE. Oct. l9--9 p. M.--The JET
fersonville branch Of the State Bank Of In
diana refuses specie for its bills.
ST.. Louis. Oct. l7--9. =. M.--1he N.
port that the bank of the State OF Missouri
at ST. Louis, has suspended, is untrue The
Directors have determined to pay every dol.
lar, and express confidence in their ability 10
weather the present storm. There is no run
to day.
PuILApxI.rniA, Oct. 1873 4. M,--Two
prominent, dry goods jobbng houses sus.
pended to-day---one being Ragucl Il Co, the
heaviest in the city, Their assets are large,
Nsw YoRk, Oct. 1873 +. M.-Thc rs.
sociatol banks have declined receivng any
new accounts, with AT agreement 10 redeem
ut par the notes OF banks out ot this State,
until resumption of specie payment,
PROVIDENCE. Oct 1873 l. M.--Thc
Dunncll Manufacturing Co. have asked an
extension Of six months, Their personal
assets excwd their liabilities, leaving their
print works untouched.
We condense from the Philadelphia ia.
:stte the following principal features Of the
relief law just passed AT the extra session OF
the Legislature:
Sec. l. RENTS ill the "a Monday Of
April, 1883, all penalties upon Banks Trust
and Insurance Companies, and suslends the
operation Of all laws for compulsory Ms
signmen,s, by reason of nonpnyment Of
specie.
See. >. Requires weekly statements o!
the condition Of the Banks Of Philadelphia
and Pittsburgh.
See. 3. The Banks must receive a, par
for debts due them the hills of oil solvent
banks OF the State. which paid specie up TO
Sept, lst, and may pay out their notes
Sec. /. The notes OF Nil solvent Banks
20 be received in psymen, for State and
county taxes, whether the Banks pay specie
or not.
Sec. 3. The Banks 10 pay specie TO the
State Treasury for the deposits made with
ib'iit, ruhi'NH w p'N''' ''' H''A'SA wa
the State bonds. US they become due.
SIX. G. A stay Of execution for one year
in all judgments, where the defendant gives
real estate security for the debt and costs,
and pays the in,eres, within 60 days This
section TO apply to wages for labor or where
stays Of execution have been waived bv
debtors.
SEc. :. Tn provisions OF this act Ia be-
formally accepted by the banks who are also
to pay Of per cent. TO ,hs State for the
favor granted them.
Sac 10. No Bank Savings Fund In.
surancc or Trust Co. 10 engage in pnrchas.
ing the notes OF incorporated banks at less
than pnr, under fine OF $500 10 \ 900
SEC. II Tha, no stocks. bonds or prom
isory notes, personal property or other val
liable securities, hypo'hccslcd or held in
pledge, either with power OF attorney nj.
tacbed or o;hcrwis,, for credit or money
loaned, shall be sold for the period Of six
months from The passage OF this act without
the consent Of the debtor, debtors. or party
hypo,hecmiing or plejging the sainc being
bad and obtained IN writing.
SIC. . That the notice required for
paymcD, provided in the charcrsof savings
Fund and Trust Compancs. AMI al sums
exceeding one hundred dollars. is extended
Tor the period ol two months.
" lsHIseTns, Oct. lg.--lhc government
having received Official Information OF he
outrage alleged 10 have been committed II,
Cape lIaytien on Capt Mayer Of the
American brig. X. W. Tucker. Gen. Cass
has made a demand on Secretary Toucc Tor
war sicsmer, witt dispatches TO Cape
lIaylieD, Gsd not only 10 demand the IN.
melin,e release Of the prisoners, but fall
and satisfactory indemnity for the out.
rage.
The steamship Fulton, which leit day
OF two since for the Gulf in search Of I'll.
busters. will be ordered 10 tosch al Cape
iiayiicn, il instructions can catch her com.
mandcr before she gets ont 10 sca Mean
while, an order was promptly issued for
another steamer I" get ready and depart on
the same efrnnd.
NV ioGs, Oct. re Money continues
stringent Best elias paper still selling for
3 pr cent "A month
Busness however. continue. to revive
gradually.
~p"cie stands ut from pcr cent 10 par,
ard has a downward I ndency.