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

vi. 4. s!ssa! a dil 8 sI0Hs
En- En-: 1. e i sss, Total '''l''' ''H'
The mercantile disasters continue Notwithstanding
the disposition shown by the Banks to increase some
what the facilities granted to their dealers Among
the suspensions announced today are Wood Grant,
of the Oldest and most respectable Of our grocery
houses; also Messrs. Hoppock & Greenwood, who are
reported 10 have assets to FIVE times the amount OF
their liabilities 1t lie understood this house could have
been carried through had they been willing TO pay the
market price for money. Another very important gus
pension has taken place but the name s suppressed,
as it is hoped the matter may yet be arranged The
epidemic has spread TO the tobacco houses, and
the following suspensions have taken place al OF them,
il understood with abundant assets TO pay even
tuay all their debts; Messrs. Connolly & Adams,
G. S. Hlnnsn, Buckly & Moore, Baptist & White
and BrumneIl & Registers. Drafts from the South on
these parties drawn aganst tobacco have gone back
under protest both for nonpsyment and non accept
lance. A Committee left this evening for Virginia to
endeavor to obtain an extension on these drafts.
There appears to be no doubt felt that the assets Of
the Messrs. Harper & Brothers are ample to all
Liabilities.
Considerable interest is expressed to know how the
Delaware, IIackawsnna and Western Railroad Com
psny are getting on. The Committee appointed at the
stockholder meeting, held come time since have not
yetnade their report and, 20 far as We can learn,
everything is pretty much at stand. The Committee
probably find it rather difficult matter to induce the
stockholders to advance further amount at this time,
but there seems to be necessity for some action soon
A portion of the coupons on the second mortgage
bonds due on the let September unpaid, and the
interest the first mortgage for 81 500 600 became
due the st October part Of which has been paid
as yet. We not informed in regard to the provi
sions Of the second mortgage, but the first mortgage
bonds contain the following: at also agreed that in
case said Company shall fail to pay said coupons as
they respectively become DUE or within sixty days
thereafter there and in such the whole amount Of
the principal of said bonds shall at become due
and payable and the Trustees shall thereafter proceed
forthwith to advertise and sell said Railroad, &C.
The present floating debt Of the Company is repre-
sened to be 81, 100000, about one-half Of which is
secured by various collaterals We hear Of no move
ments the part Of creditors and Judging from pres
ent appearances the fine property of this Company
will pass into the hands of the bondholders, both
the capital stock and floating debt being extinguished
by common consent.
The meeting of merchants and bank officers, held
last evening at Lafayette place, was followed by
another of bank officers at to-day, at the Insur
ance Buildings AL the bank meetings which have
been held of late appear to have resulted very much
as did the efforts OF the parturient mountain alluded
to in Horace. The following is the mouse which was
brought forth after severe labor, at the meeting to-day
Resord That IL the duty and inclination Of all the banks
represented at this meeting to aid to the full extent Vi their
ability, tie business community.
A resolution offered by Mr.. Wthers Of the State
Bank that the discount lire be extended cent upon
the capita of the banks presen, was voted down. 1t
is evident that no concert Of action be brought
about on the part Of these institutions Noswlthsand'
rg resolutions each bapk acts independently and will
no doubt continue to do so, and our merchants must
not depend for relief upon any general expansion OF
the discount line of the banks. The proceedings OF
the meeting last night was kept strictly private al
though what good end is to be subserved by keeping
secret the discussion Of great national financial Crisis
in which the whole country is deeply interested oya
meeting of leading bankers and merchants We confess
ourselves unable TO perceive. The leakages OF the
meeting are somewhat contradictory, but it appears
certain that good feeling prevailed and that all par
ties expressed strong desire to do anything In their
power to relieve the community in this crisis. 1t Is
also admitted that no important practical result was
arrived at-ahough of the leakages states that it
was resolved to recommend TO the Bank Directions an
expansion OF loans 70 the amount OF ten HullOns OF
dollars.
The discounting banks today as far as we could
ascertain met the wants of their dealers in liberal
spirit and discounted fully their receipts. The Metro
poan let out $500 600, and the Republic went to the
full extent of its ability This action upon the part Of
the banks produced more cheerful feeling in the
street.
The amount of grain shipped this month and engaged
to go by the Goth to Liverpool alone is 900
bushels. The demand for wheat for shipment is not
active, and the market lie heavy aud the same remark
applies to -four. One Of the most practical ways to
make exchange on the East has been adopted by
Messrs. Geo. Smith & Co., of Chicago, who have
made an arrangement to purchase and ship 600 600
bushels of wheat to New-York. They furnish all the
funds for the purchase without aid from this end and
ship the wheat to Mr.. Dean Richmond, of Buffalo,
who epgsges to pay the freight and charges there.
The wheat is 10 be sold upon arrival here for export,
and will form basis for about million and quarter
of Eastern Exchange for the Of Chicago merchants
We annex the official list of Banks not received on
deposit at the Metropolitan Bank, Thursday, Oct. g.
1857;
NEw.YoRg
Addison Bank. Lima, Bank Of
Agricultural BAnh. He,kiu.er Medina B.ns,
County. NiazSrs River Bank
Central New.York, Bank Of Ontario Bsni,
CsnandAisus, Bank of Ontario County Bank.
(hounuIg County BANK, ~ Lee a Co.'S Bank,
Central Bank, Brooklyn, Old Saratoga, Bank Of
Dairyman's Bank, Newport, Orleans. Bank Of
FMuers' aud CITIZENS Bank Powell Bank, Newbursh.
FsrnCrs' Bank Hudson, Pra.t Bank
Hsmlton Exchange Bank, Reciprocity Bank.
Huauruot Bank, Saeket''s aNbor Bank
HOLSTER Baak. Western Bank, LoctpoFt,