New-York daily tribune., 1857-10-20
previous loss Of siO make. the loss this 'ei'on
far S. 1872 tuns.

previous loss Of 90 $40, make. the loss this sesson
far, IS, 1872 tuns.
The Commissioners ofthe Canal Fund are sdvef-
tisirg for loan of FIVE hundred thoussnd dollars, 10
supply the deficiency in the Sinking Fund a. the rae
of Fix per cent per arrun, payable quarterly, snS the
principal reimburssbe on the lst Of Oc.ooer, lS9
Proposals. will be received for no. lees tina, FIVE thou
sand dollars, at the Canal Department, Albany, until
the lO,h Of November next at noon.
The statement Of John Fsrnum g. Co Of Phisfe
pbs at the meeting of their creditors, vas not 20 sas
sfsctory as was expected Their debts s. 200 OOo
their assets g. 900 600, in which are included o
Oo0 of suspended paper ard drafts. OF the debts
$3.50 are secured by cos.eras that included in
the essets Their assets also include $780, 600 in goods
They propose to make up their accounts to the Isl Of
December and TO pay ir ten instsueus off, H. l5 ls
81 "a. 80, So i2 ard 4s months. s Lippincot Co
offer % per cent in Elk months and 10 surrender their
print works to their creditors. David S. Brown Co.
have proposed to pay per cent and renew the bal-
ce for Elk months.
Thomas Allibone, esq, has resigned as President of
the Bank of Pennsylvania, at Phisdelphs on sccours
Of i'll health. Joseph Jones has been elected Presi-
dent of the Commercial Bank Of the same city, in
place of VIM. Wainwright, resigned.
The Boston Postsays:
"Tbose who hold bank bills should not part with
them at dollars discount. The holders not only have
all the Of the bank to redeem them, but al the
individual property Of the stockholders. The act of
March l3 lS49 provides that when any bank sh al
stop payment, the stockholders shall be individually
liable for the payment and redemption of all its bills,
in proportion TO the stock the may respectively hold 81
the time The bills Of the Boston banks, under this
provision, cannot fall under a depreciation which
should require any discount in paying debts OF buying
goods"
The Troy City Bank has gone into liquidation, but
its stock il con.dered sound. 1t is one Of the old
Safety Fund Banks.
The Albany Statesman says
"We understand that the process of surrendering
circulation to the Banking Department by banks, and
drawing out stocks has ceased, aud that yesterday
$50 600 of stocks were returned and circulation taken
out Though this may not be carried TO any great ex-
tent yet it is evident that the tide has turned
The Pr0ridence Journal says;
"Our market retains the quetness that followed the
susper sion IL New York. The demand for money mas
greatly fallen off but facility of negotiation has not
much increased, and the rates are high. The backs
renew great deal Of paper, and so much assistance
has been rendered to parties abroad, that the ex-
changes are spainst this city, and men who require
funds to place in New ork Boston are obliged to
pay premium the renewals having absorbed the
funds Of the banks in those places and eau ed search
ty These renewals ought not longer to be needed "a
the general suspension Of the banks enables them 70
offer the same facilities in other places that are eI
tended here ard should be followed by the ssne lib
era relief to tie merchants. We report no sales OF
printing cloths for the past week aud We have heard
Of but single sale of cotton. There is no price for
either. Some goods are printed manu-.
fac,urers account. Cotton has been shipped
fiom here to New-York. We think that no orders
have been given for the new crop. Every one looks
for still lower prces, and people are talking Of or
cents."
The Banks of NewJersey are petitioning the Cover
nor to call an extra session Of the Legislature.
The Charleston Mercury of the 18th says:
"The local run on our specie-psying Banks has
nearly ceased The Benk Of the State, the Railroad
Bank the Peoples Bank, and the Bank of South Caro-
lina have determined TO receive on deposit and in
payment the notes Of al the city Banks, aud to pay
out only their own.
"The Bank of the State in addition to the notes Of
all the city Banks receives deposit and in payment
Of dues the notes of the Bank Of Hamburg, and OF the
Exchange Bank Of Columbia"
The run on the New Orleans banks has also me- ary
ceased The cash assets and liabilities the 10Th inst
were follows: