New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-09-17

very general aequiescvDce 10 re orlioo hat 20 iI
as money s)or is concerned ibnSs have pssse 'neH
worst in New York, and tia. with he grSousl IN
p-Cveoent oi thai, arket, may expect f1"er es
ant bette, suVply here. Bat ct present money =
about tgs. and we have ever kno1n !. =
be. The VtyJ best papeT made, II lorcs1 9p'a 20
street, ia no taken oelo' II per ce1t, ana shsie =
sought att nv the :ende. Il 10 not drea3ed Of bepF
Is per CO.., b, e5er party. For sunan az 20 %.
DAYS slp ost fabu, us prces ssked aud ootsheo'
One pr cent aid the legal Interest - No. AZ ~
mon oenshd. There are various e.~iI 3D. =. 80
.,ss FACTIONS circulating IN tee suee'. hspol.
fhat The c;.y has borrowed temporary Oh Isise ee
InI,t a, 10 n4r cent. The same lender It y snssl,
has taAer long acceptance OF me fs;inc 1h"7'
dorsed by the Drectors at Il cent i 10 oao -
s900 OCO We hear OF one Transaction Of go W. %
tlCO eco where above q cen. day was pea io1 q
y.ry short time on strong security Some good grocer
o ne, was ps.sed on rtay Il :! = c'hs hon-I'
The banks have los. specie snce cur iast, "a sauI
5ay tbcy held bet $2,jl3Gp, tie smstss; sun
since 1850 As may be Unsigned, most OF .he oan.'
are as poor as csn be- ard we lever kne9ci rolo az
nmpts a, borrowing from es;h otner. ine lr..a -,
Eaten circulation from Nen-i OK peas Hee,"y
o- ne Suffolk for the moment; bat OF coarse th!s e
bu. one drop of bitter IN the ,1p Of sTeeness tfo
vbich tkhodsIs have quafed Jorge drafts i1r &C.
lies Of year,.
At Cincinnati the money market vac more s'f!agso'
ran heretofore or rather there rSs more Pe's:hs
demand for accommodations, which il was Giheutt 10
obtain. The G0>stte says 49,.
"Esst.rp Exchange continues very scarce ~ = g
cent premium. P!ice seems y 80 70 ln;aceIheH ioF
more than Is q cert Of the demand could not oe :u-
plied II or 10 cent offered. Several cssnefs
we've in from The interior today With currency 10 pug
chase sight dTeits bu; there we're none 20 DC Ged.
This currency mus. be employed n senfl1g produce
f,rwGrd 80 az to make exchange. Tbs "a tAe oniy
remedy. c
checks today at So GG0c. Creditors OF tue Cen'rs
Bank are becoming impatient, ana We uEoeEs'Ano
checks were sold to-day at 7Jc."
1t Cleveland the banks were cohtTsc ing, bit there
YVES no panic Exchaoge on New York was scarce
all 4. cent. AtChicago, TIE Press says
"Chicago has gore through without single iailure.
more hope ul feeling IS sprlnglDg up. ne 10y
prices Of grain extract foreign capital. New' OK
touses are sid to be making arrangements to invest,
ard authorize draf.s One capitalist in Chicago has
appropriated $4,000 to the purchase OF wheat for
eastern shipment. Rates Of money, =! 3 T cent
month for fist class"
At ST. Louis the market s very stringent, and paper
of FIRST class was selling at 2s3 4 cent = month.
Tie Precedence Journal remarks in relation to the
recent heavy failures in II at city:
twill lot be rews 10 any Of our readers th't the
old and respectable house Of Philip Allen j. Sons hiss
falt beneath the commercial pressure. The lmmedi-
ae cause of this disaster IS the failure of Frederick g.
SWAP, Of New-YoIy which threw back upon them the
payer Of the Elm Street Manufacturing Comp any, on
Which they were indOrsers to large amount. The
reported liabilities Of Phillip Allen a Sons lincludinS
iber Endorsements for the Elm Street Company have
been vastly exaggerated Their assets consist OF man-
ufactpripe property print works capable OF printing
IA COO pieces week and large real estate. In any
ordinary times these assets would be largely beyond
tie iudt b.edness Of the house. They will make no
Preferences or next 10 none, and the whole ci their
DC perry will be divide among their creditors: Inc
ie port in the New-Yor pap7rs that Zachatiah Alien
Lad failed is incorrect. Owing to the pepper that
comes back to him from Frederick g. Swan and Phillip
Allen & Sons he will probably find i neces;ary 70 ask
an eytepsiop but his property far beyond hisindebt
edress and his embarrassmerts vii! be only tempo
IaIy."