Evening star. [volume] (Washington, D.C.) 1854-1972, 1857-10-12
The Financial Crisis, sc.

NEW YORK. October l0.-The East River Bank
has suspended.
tinue much depressed; the merchants, however.
are generally meeting the payment of their notes
No new failures are announced
Inc evening papers of 10 day represent money
matters as less favorable than Yesterday, but
there is no apparent excitement The stock ma r
ket has again commenced TO decline under orders
rom holders 10 sell at the best rates offered
Bank stocks also share in the depression, and
there are far more sellers than BUYERS The prin-
cipal decline TODAY, how, yer. was in the shares
OF the Merchants Bank, which fell on three Der
cent, closing at % bid
The report of the failure of the Boston Betting
Company-Tappan McHenry agents-was in.
correct, and probably originated from the fact
that they stopped their works for the periodical
cleaning Of the machines IL is said their assets
exceed their liabilities S5O0,GU
LouISyILLE, October l0.-The failure Of A d.
Mans field, clothing warehouse, is announced to
day. Mr.. Smith. the proprietor OF Owens's Hotel
also found II necessary TO make an assignment
this forenoon.
WHEELING, Oct. 10 The report of the failure
of the Manufacturers and Farmers Bank OF this
city is entirely false. That bank had only SIS -
Hn IN circulation previous TO the suspension. and
are now drawing in as fast possible The
other banks of this city are in a sound condition
RICHMOND, Oct. I0.-The Governor has issued
proclamation prohibiting the notes of the Bank
or kanawha from being received ina payment for
money due the State, that bank having refused TO
redeem its notes and removed large amount of
its assets beyond the limits of the Stale.
AUGUSTA, Oct. lO.--Reliable telegraph news
from Charleston announces the suspension of the
Bank of the State of South Carolina, State in
stitUtion, of which e. NJ. Firnan is president.
NEW ORLEANS, Oct. l0.-The cotton m lrket
has further declined one cent per pound since
"Wednesday, and middling is freely offered at -
cents. The total decline within the past ten
DAYS has been four and quarter cents per pound
Sterling has also declined. and the best bills on
London are nOminally g5a96, from four TO seven
per cent. discount la freights there is no change
and engagements are limited.
DETROIT, Oct 9.-Produce is fast accommodating
at this port. Very little is going forward, on ac-
count of the arrangement in currency and the
uncertainty OF the eastern markets. The stock of
Hour on hand Is larger than at any previous pc
riod of this season The receipts of flour by rail-
road ycser day amounted to ? 80 barrels and of
wheat to $1,000 bushels.
The Michigan Central Railroad boats plying
| between Detroit and Buffalo will be laid up as
fast as they arrive AZ this port.
IsKcoND DIsPATeHl
New YORK, Oct. 12.-Messrs Corning * Co
bankers, suspended on Saturday. They were
large stoc kholders in the Southern Bank of New
Orleans.
Kansas Observation-Disclosures Reports.
ST. LOUIS, Oct. 10 The Republican has re-
turns from Kansas which put down the Demo-
cratic majority In Leavenworth at pa, in Atchi-
son 50, and Doniphan 50. In Johnson county the
Democrats are reported to have large majority,
and the Democrats understood to have been
successful likewise in Jefferson
In Douglas county the Republicans are said to
have majority OF los, and in Shawnee ma
jOrity of $50 The Legislature, according TO the
same authority. is certainly Democratic, while
for Congress PARROT, the Republican candidate,
is alleged To have been successful
Leavenworth advices state that by the returns
of the Kansas election, received up TO the sth,
only heavenworth county had so far given DEM
ocratic majority. Returns, given as authentic,
give a Republican majority in six counties Of
over !, 900 votes
Later advices from Kansas state that PARROT,
Free State for Congress, has majority OF from
!. 600 TO .OJO According to the estimate OF the
Free state men the Legislature stands Council
Republicans g. Democrats 4 House-Republi-
cans "a, Democrats IS. Johnson county gives a
Democratic majority of $50.