The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1857-10-03


The Concord r. r. Bridge at Hooksets
over the Merrimac, was burned last NIGH
from sparks igniting the roof. 1t was IN.
sured for $l50,000. II will be Immediately
rebuilt.
The suspension Of Messrs. Lawrence, Stone
/ 4 Co., caused some considerable excitement
on State street to-day. MIR. Saml. Lawrence
sen. partner, is in Europe, and Mr.. Slade, fl
nancial ma ager, is seriously i'll. The firm
are agents for the Bay State, Pemberton
New England, Worcester and Mddlese,
mills.
Ira A. Lowell, also connected with the
pemberton Mills, is also reported as having
failed.
The other failures announced are B. How
ard, Commission Merchant, Central Wharf
Richardson, Kendall & Co., Dry Goods
MIX street and Peter G. Jones, Paper deal.
er, Water street.
The Banks did some discounting to-day,
but not enough to ease the market.
Tho best of paper was done in the street
for per cent. month. Little business was
done at the Board Of Brokers to-day no
quality of stocks command asking prices
The Bank shares were low down and no sales
were made. A general meeting OF merchants
was called for te-moarow at ii O'Clock, to
consider and if possible decide upon the
course Of the Banks and business men in the
financial emergency.
Z LOUISVILLE, Oct l.-Hutchins Co., Jno.
Snidt 4 Co., Bankers, have suspended
Quite heavy run is made on A. ID. Hunt &
Co., who thus far sustain themselves, and it
is expected will meet their liabilities.
DAYTON, Oct. Reported that Cincin-
natl banker went into the Branch Bank at
Piqua, to-day, with carpet bag Of bank
notes to demand specie. A mob Of citizens,
not connected with the bank, followed him,
and requested him to leave town or take
lynching. The broker accordingly left with
out accomplishing his object. His name is
not ascertained.
PITTSBURGH, Oct. 1.-The old Bank Of
Pittsburgh continues to pay specie on oil its
liabilities.
NEw YoRK, Oct. l.-Somcbody got up q
hesrtlcss hoax announcing the safety of Cap
tain Herndon and sixteen Of the passengers
and crew of the Central Amcrica- consider
able excitement was caused thereby.
The Annual Convention Of the Episcopal
Chnrch of the Diosese Of New York, com
menced yesterday. To-day Bishop Potter
delivered the Annual Address.
PHILADELPHIA, sept. 27.-Gov. Pollock
reached here on Saturday, having been sum
moned to conference on the condition OF
the banks. A proclamation will be issued
on Tuesday, convenng the Legislature on
the 5th of October The old Legislature ex-
pres immediately after new election, 30
that the extra session will be limited to one
week. Whatever relief can be Afforded is
needed Immediately or this call would be de-
layed. 1t is probable that the Legislature
will put all banks on the same footing, in
GLIDING the Bank Of Pennsylvania, against
which adverse efforts will be made here. Its
future business cannot be affected by this
since it must depend on the con
6dence of the community.
BostoS, Sept. 3O.-The proposition to dis
count 10 per cent. Of the capital Of the
Boston banks has been signed by all the
rest of the banks, and the movement has CIV
on brighter aspect to financial Affairs. The
failure Of Butler, Hill i Co., was announced
to day.
CoLuHBUs, Ohio, Oct. 1.-The Board Of
Control, of the State Rank Of Ohio, at a
meeting held here o.day, adopted the fol-
lowing resolution
Resolved, That the branches Of the State
Bank of Ohio, have the ability and will con-
tinue specie payment, regardless of whatever
course taken BY the Banks Of other States.
rPHrLADsLPHiA, Oct. l.--White, Stevens 4
Co., and Lawrence, Stone i Co., who have
q Branch House in Boston, suspended to-
day. The Reading Railroad Company paid
the coupons to-day.
LouisyiLLE, Oct. IA dispatch to the
Bulletin says Exchange, Shelbyville, Law
renceburg, and Trenton Banks, Tenn, sus-
pended. run on Hun, 4 Co., this city,
ceased before closing business. They are
considered strong.
WAsnlsGroS, Oct. 1.-Two million dollars
worth Of U. S. stocks came in this morning
for redemption.
CHARLESTON, Oct. l.--Reported forgeries
on Jno. Frazer 4 Co., are unfounded.
The Presidents Of our Banks held meet.
ing this morning and resolved not to suspend.
NV YoRK, Oct. 1.-The Farmers and Ar
tizans' Bank of Long Island at Williamsburg,
suspended to-day.
= The |. Q. X. X. pays its coupons to-day.
The Mil. L Miss. II. X. pay theirs on first
mortgage bond, but defaults on its income.
The Lemos Slave Case was argued before
the Superior Court to day.
The dormi.ory of Wilbraham Wesleyan
Academy, was destroyed by fire on Tuesday
night-loss $70, 0o0-insured for 900.
a ToRoSro, Oct. l.--R. II. Brett, Private
Banker, Of this city, suspended this morning.
The assignees report that the creditors will
be paid in full.
DETROIT, Oct. 1.-The suspension OF the
Peninsular Bank causes intense excitement.
The run on other banks this morning is Sc
we're; principally by small bill holders.
They redeem promptly and to all appearance
strong.
The State Fair commenced hero Tuesday.
The character Of the exhibition fully cquals
any previous year, but attendance not SO
large. The weather to- day is rainy and cold.
SroRY or TIE GRAssAoPPKR MIGRATION
Amnn1 othar Sracrl = tiana In aaue Of tho