The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-02

IN disoouns, and . decidedly better feeling eaiss.
Mesn. white, Stevens % Ard Aesars. La vrenoc,
Ncce Co who have branch house in Boston, sus lend.
a today.
ms Reading Railroad paid The coupaps due today
IKE PHLADKLpsIA STOCK BOARD.
Nocu nesvy. Peuusyiysnis d res, 7sx; ReAiius Ran
road, l71; Long Island Railroad sI; PsnnyNauiS Rail
road, 70.
FINANCIAL AFFAIRS IN BOSTON.
BtaroH, OCT ], 1857.
Hhe suspension OF Messrs Lawrence Stone %. led
osessdersble excl emeHt Sa . street to-day. Mr..
samuel lawrence senior partoor, u in Europe, and Mr.,
aAds, financial manager, seriously ~ Ehe arm tho
agents foa the Bay sass, Penherton, New England
wesskd, and Addesex Alns.
John A Lowell, al,o connected With the Pemosrton
Mills, u reported sAiled.
me oher failures announced BsDjsmin Ho rard
nomnksion merchant, Central wharf; Richardson Ken,
aaA 90, dry goods, MILK street, and Peter o. Jones,
paper merchant, Water street.
mo banks did dscountng to day, brt not enough
10 sass the market The best Of paper done In the
arsss as per cent . month
Lms business was done ., the Board OF Brokers 70
day. No quality OF stocks could command asking prices
nHnh shares were low down, and no u es were made
MHxrrNa OF MERCHANTS.
BoeroS, Ocs i, 1857.
An Informal meeting OF merchants was held to-day In
- Board Of Trade rooms preliminary call for gone
nsal Ing Of The mercantile Interests 10 consider the
present financial crisis No definite sction taken but
general meeting called at eleven O'Clock
10 csnsider posnibe 70 decide upon the best
q ths banks aad buAincss the present emergency
SUSPENSIONS IN LOUISVILLE.
Loupvuis, Oct I, 1857.
MssRs Haschinys Co. and John sndt Il o., bankers,
hsvs suspended pay mont
n~s b qui . heavy ruu upos A. D. Hunt Co., who
nss ~ hare susAiatd themselves and wh,, expect
{, wiz be able 10 mest all their liabilities.
THE BANK OF PITrSBURG.
PrrsBunG, Pa Oct l, 1857.
n old Bank Of Pasburg continues pay specie all
b liabilities.
RUN ON THE BANKS IN DETROIT.
DErRon. OF 1, 1857.
ns ran on he Pcninsuar Bank cs1scs intcpse cxctc-
nAnl The run on the other banks severe this morn
~ ms run was principally by small bin holders. The
bsaks redeem pr.nrxy, and are, 70 all Appearances,
Skag.
THE CRISIS IN ILLINOIS.
FAILURE OF TnE BASK OF BELLBvILLB, ETC.
81 LOUIS, O,i /, 1861.
ne Bank OF Bsllsvine, Bcneville Illinois, has failed
ne banking house OF Moore, HOlienbush & Co., at
Qgincy, Illinois, has suspended.
On Monday, =. the same place, there wss run upon
Ne banking house Of Fagg SAVAGE bu. they sustained
themselves
THE BANKS OF AUGUSTA, GA.
Augusta, Ga Oct 1, 1857.
ne banks here are dIsoountng freely, 70 enable tho
merchants 70 purchase cotton.
THE CHARLESTON BANKS STAND FIRM.
CnARLryros, Oct. 1, 1867
mo President Of our banks held meeting lhlx morning
ssd resolved not 70 suspend
FAILURE IN TORONTO, G. W.
ToaoSro, O. W Oot l, 1857.
r. n. Bren banker OF his city, spended Nils morning
- ansnoes report that his creditors v be paid In fu
FAILURE OF THE FARMERS AND CITIZENS
BANK OF WILLIAMSBURG.
ns PRIMERS and C1,zens' Bank or williamsburg, L. l.,
oisssd ~ doors eraay morning, having becn pushed
supenson Of business By the pressure Of the times.
b stated thai the bank had slo5 600 on dcposn and
sbeus e277 900 discounted paper In n pcssesson ami
AAs s72b o OF tae later is considered perfectly good
Dsposisors have been Grurcd that ney win not lae In
~ sllhtess degree, although hey may have 70 wait
ssrs time for their money The Julation OF The bank
~ 500 ooo and this secured By STATE stocks the
Sm hcI Iden cannot suffer II u believed shai The bank
yin vsry redeem ai IL oircu auon dollar for dpar
OUR TROY CORRESPONDENCE.
rnoY, Oct IL 1851.
ns gratifying 70 be able o sia,e, INA, though ,se none
NJ pressure throughout the whole country 30 yin
gess and burdensome e cred. Of The city Of Troy not
70 Be permitted 70 suffer In he least by any dcnun Of
hsrsL The train that bears this note carries with the
SUN Of ss267 30, ~ he amount Of interest due on the
-..~-, So. 10Y Railroad debt, fasre alss rsih src
10 day So $50 OF the bonds OF The city imued In behAh OF
M troy Unicn Railroad Company, which aided 70 inte
rsst on like bords OF N,STt 20, makes . total OF
sle ls1 10 hst The city has provided promptly and
andably, In order 70 protect ~ good and credit
Our banks have remained arm during the entire
panio ana given evidence OF sn ability 70 weather
even greater storm than The one jas subsidns There
uruach 70 impaired confidence the part or depositos
"a ne universal impression here that they have nos
fna,sd pvcnt In time by the warnings OF the HERALD,
whose inhuence In tbs community 70 day increased ten
funess In that scs 70 The present panic write ad
vpedly when thai The HssALD enjoys The fullest
aAanoe OF our business mon 10 all depUtmenn, one
vsasurng 70 question IL earc reliability o. honesty Of
purpose.
NEW YORK STATE STOCK SECURITY BANKS.
INFORMANT DECISION OF rms sUPRKME COURT,
mRtuAt runn, sufrrxBss, lsbf
~ people ow ne relation Of ne Srocns Bank ts.
Jmma m Cbck, Superintendent Of As Bank Department.
ps NE bepsrnent rantfer ocain scosIite. de-
posted Win him By he relaog upon the surrenaer an
equal amount Of ~ crcuains notes. appeared that
Ne rslatov 10 banking institution Organised under the
snssdasory Mcreo; that he securities dspoAited In the
uoe Of Inc BANK Department BY the reator amount 70
800 200; and that the circuauon pf ms bk duly regis
sweA ~ @e Ssrastmcnt amounts 70 the same rum. Ap-
pasion had been msi 70 ne Bank Sc pernisudcn for
re6rsser 70 me relator Of portion OF Ne securities %
n time m Nuua Huo1nt