Spirit of the age. [volume] (Raleigh, N.C.) 1849-1865, 1857-10-14
Nt6s Of tke 4ag.

IL O6O GSdAA nv 0OPSOS u dAdiIS dS !
favorable, and Tn Commercial of this after
noon discovers no material change from yes
terday. The specie lost by the banks last
week went to sustain other cities standing in
more need of it than New York. The move
ment is regarded by cool-headed business
men as exceedingly praiseworthy, though the
croakers made use of the loss of specie for
the renewal of the panic.
Stocks were frmer after the adjournment
of the second board. =
The payments at the sub.treasury TODAY
were over one million and a quarter of dol
lars, which is a very encouraging feature.
New YORK, Oct. 8th.-The day closed gloo-
mily. Notes of the Central Bank at BROOKLYN
were discredited this morning. Books and
papers of the Milwaukee and Mississippi rail
road were issued to-day by the Sheriff at the
instance of the President of the Milwaukee
Bank.
LOUISVILLE, Oct. 7th.-Financial matters
are gradually tightening throughout the
West, and unless the bankers discount be-
yond prudence or relief comes from other
sources, many good houses will fall from the
1st to the Sd prozimo. That period IS an
ticipated with terrible anxiety.
New ORLEANS, Oct 8th.-To-day money is
very tight. First class paper worth % per
cent. a month. No failures. No movement
in the trade is possible until the sterling bills
can bring cash in New The Banks
are extending every facility to factors. All
are cheerful.
The SoUTH-CARoLINA BANKs.-We learn
from one of the Charleston papers that the
S. Carolina Bankscannot suspend without for
feiting their charters. They must pay through
any run or pressure to the last dollar in their
vaults. Before this result could be reached,
with all its disasters says the Charleston
NeDs, the people of South-C Carolina, who
were never freer from embarrassment, could
and would sustain them with such a large
supply of agricultural products equal to spe-
Gle, and convertible at once into sustaining
credits or specie, that the resources Of the
banks could be realized to any needed ex-
tent
salt was rumored in the city last even
ing, that the Bank of Wilmington, and the
Bank of Cape Fear, at Wilmington, N. c.,
refused to redeem their notes yesterday. The
Commercial and Bank of the State, however,
it is said, did redeem all presented.
Petersburg Express of Tuesday.
All rumor and nothing else VII. Herald.
BosroN, Oct. THE steamer Niagara ar
rived this morning. She brings Liverpool
dates to the Goth ult.
There is nothing later from India.
Harrison, Watson & Co., Bankers in Hull,
have failed. Their liabilities are large.
The Emperors of France and Russia met
at Stuttgardt on the 25th.
Mexico accepts the negotiations of France
and England.
The Emperors of Russia and Austria are
to meet at Weimar on the LIST of October.
It is rumored that Lord Elgin will soon be
appointed Governor General of India.
Russia is fortifying the Straits of Euikall,
COMMERCIAL.
LIVERPOOL, Sept. 26.-The sales of Cotton
for the week previous to the sailing of Nj
agara,' amounted to $4,000 ~bales-declined
= close quiet. Manchester advices u~nfavora
BILE. The stock in port amounted to 297 ,00(
bales including 206, 900 American.
Flour steady-inferior slightly declined
quotations barely maintained Canal 81
80; Southern 80 a 333s. Wheat dull, hav
ing declined I'd on inferior red 7s6d a 8s2d
choice new 8s6d; white 9s a 93s. Corn
mixed and yellow 373 a SO white Al a 43aa
Naval stores steady.
Spirits Turpentine 384 a SO.
Sugar and Coffee declined Id. Rice heav
Prices easier, but unchanged.
Money market active-Rates of intereS
generally unchanged.
LATE FROM CALIFoRNIA.-The Star of th
West arrived at New York on the 4th, wit
) $50 passengers and $l,25O,0 900 in gold.-
| Senator Gwin and Hon. Henry S. Foote wei
among the passengers.
The Hon. John B. Weller, Democrat, hs
been elected Governor of California. Ell
| vote was 40,000--Bowie, Know Nothin
about q, 900, and Edward Stanly, black r
s publican, about q, 900.
The people of California had voted by
large majority to pay their State debt.
O Mr.. Venable, of Tennessee, U. S. Minist
to Guatemala, is dead.
The list of lost passengers of the Cent?
e America, received by the Star of the Wes
e comprises those only from the Isthmus. 7
e list from San Francisco was expected by t
Ie next steamer.
d ST.. LOUIS, Oct. 8th.-A gentleman arriv
/. here to-day from Leavenworth, who left
E. Monday last at noon. He says that the ell,
ton was proceeding slow. The Free Sta
t. men had possession of the polls, and we
casting all the votes; the same case at De
t. ware. 1t is conceded that ParrOlt, the Bla
Id Republican, would beat Ransom for Congre
- No disturbances up to noon.
oi AUGUSTA, GEo.-It is admitted here IL
4 the election yesterday has resulted in
q elecClOn VI DfOWn, len. ZOE OOVeruOr,
~ from eight to ten thousand majority. I
returns also indicate the reelection of \
re Trippe, American, to Congress; josh
y Hill, American, in the 7th District, q
a Messrs. Crawford, Gartrell, A. I'll. Steph'
and Wright, Democrats, in their respect
Districts. Little has so far been heard fir
the lst and 9th Districts.
Rev. LOUIS SKIDMoRE.-We have
an mournful duty of announcing the death
this venerable servant of Christ. He deg
ted this life at his residence in Charlc
er. county, Va, on Thursday, the first of
m. present month. Few ministers have b
for better known in Virginia and North Car
N. ma; or, in former years exerted a gres
ow influence, than the Rev. Lewis Skidmore
at For some years past he has been in ret
he ment, owing to age and infrmity. But
he has labored for Christ as his strength
lowed. He died calmly, trusting in
mercy and merits of the blessed Redee
for rest in the world beyond the grave.
ne Richmond 4duocat
CHI Prices OF CoTToN.-There will doubt
US be great disappointment throughout the
err ton growing States at the fall of that sta
hat Here it has gone down from Isl to Is &c
and the market is very dull. In New Y
the Journal of Commerce of Monday
we latter quoting prices for several days
,ar- nominal" there having been no ~sales,)
in there is no current value to this artiel
small sale of a quality classed as midd
upland, although not strictly full quality,
5 ~ dow Of II ubiob - Oh Lolo- :.