The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-22

NEw York, Oct. lt.~-Wall street WA
comparatively quiet to-day. There ha
been moderate run on various Saving
Banks, but all demands were promptly me-
by all the institutions in this city, but thre
in Brooklyn were obliged TO close their
doors al last accounts
The officers If the New York Savings
Banks were holding consultation on thci,
future course. They proposed i, is said, Ia
pay ten per cent on deposits
The Bank Of America and the Chemical
bank continue to pay specie, The Manhat.
tan II IL said, is doing the SAINT, |, is be-
llcvol other banks will follow suit
A partial statement Of specie paid yes
teriay by our city hanks, not including the
Savings Bank, foot up nearly $4,000. 900.
a notice was posted today ut the va.
rious banks. which enable them Ia continue
business stating that business will be con
t'nucd as heretofore excepting the paying
OF specie. Checks will he received on ,l,-
posits IN the payment Of notes. uud bank
notes will he received AS usual
Many Of the banks have still a large
amount Of specie ON hand Gold s selling
10y the brokers at cents ,sr cent. pre-.
MUM,
Al the morning session oftlc stock board.
/ II was resolved that payments NIGH, be
made on certified checks. and there was
/ general rise in prices OF from 10 . per
cent.
AZ n meeting OF the merchants this l.. NJ,
James Brown presiding i, was resolved tina,
the meeting hal entire confidence in the
banks Of New York, to meet all their on
gagcmcnts dollar lor dollar that IT is the
duty Of the banks aud the merchants to
afford rvc,y iatiiity i,r the ~moumu, Of
pro,luc, 10 the sca board that the u, grncy
Of the times demands nm immediate extra
session ol the legislature aud that IA com
mites he appointed to wait upon the Gov.
crnor to solicit his immediate action 10 thu,
cnd, A committee Of eleven WAS accord
ingy appointed which proceeded to Alhnny
th's evening.
\ meeting 81 the officers OF the several
Savings bank Of New York aud l.rookl,n
was held tins 4. VI, and resolved to pay
tl"u hr"e''''e ~..'y H. A. .--'-. Do" - -!
banks.
several of the banks closed their doors
yesterday. bat resumed business TO day.
The Supreme Court Judges today held
"A meeting AMI dcc"'''l 10 issue II" profess
against the banks
The action Of the meeting OF hangr docs
not give satisfaction.
Mr. Richard Sch,ll was present with
resolution concerning the banks tor 'len'nhd'
ing specie from cnch other when they with
held from their customers, but waS rn'lnccd
10 withhold il
a very strong movement N progressing
'N'rn "'S'"l o' Inc '|R"'"''"' I" NY
ccogn'''on OF the Suspension sh''''' u" 'NR
lSln'"c W. '"''" oR''",t' "',' '"'Ro ~"
lofity % p'"'"cf"~ h''" '" ""''''"'r ~"
h'p""''"ns are "n'"', :" "IP''' =" '"'
measure %, r'''' !" wv n"''NN
'"' P'''' ~ W. '"
''y ""'"'' '''
lHhsros' D. 'e' ~ ~ s"' l""N'"''
OF the banks have pr"i""d u" 's'l"""o,'
AMI 'h'rc was IA 'a'"f"o' "'''''p '"""'''
""m ,.;.,u .io
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=, : ''.'"'' ""' ",' my - ', ,l ,, "pp''
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s''' ~ ~ 'I ' w Wv -, '.;W.'.,,
"f te' :" 80 1" - a,'.,
AL" Al a.. It'd. .,'.,, a., Waonc,o,,,.,.
!, T,,d.,s b.v,. .,s,.ndci u,..c;e ,.y,nc,,,s
TN. at,.rnmn NJ. ,nmuora,y sua,e,mion
of PINT, A. 10. nu.,,en.i,, hardware house