The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-09-29

L
ly S2700,o00. Some dscountng was done Tile
market was unfavorably affected. but not excited
by the reports from Philadelphia. Not much was
done in the street In the paper line, although
ney IS a shade easier OF access than it was few
days ago. What has been considered the very
choicest of names was offered at 21z per cent. u
month, but found no purchasers. Another strong
nste with several prime endorsers taken at y
There were stories all the street of forged ps-
per about to the amount Of $+D00O but the closest
inquiry did not enable to discover any thing but
the bare fact.
! MATTERS sLsEwHgRR
| dispatch from Pittsburg, Pa, dated Saturdsyi
says:
! There Is no concert Of action amongst the banks
o. o. F1ttsourg IN regard TO future policy. All Of
them continue to pay coin for small demands The
Merchants and Manufacturers, Exchange, and Cit
lzens banks are paying the small demands made
by iaborers operatives and Others but refusing
| the demands of banks and brokers' The Bank Of
| Pittsburg has resolved to pay in full
The dispatch from Wheeling, Va, which was pub
lished yesterday, should have read as follows:
SAT meeting of the citizens of this city. hell
this evening, il was unanimously resolved that the
banks OF the city be requested to Immediately su--
pend specie payment until the business interests Of
the community will Justify resumption. This ac-
ton was taken in consequence of the heavy run
that has recently been made upon the banks bn
foreign brokers and bankers. The banks are abun-
dantiy able to meet their liabilities. No loss will
/
sequence OF the suspension"
TIE VIEW TAKEN IN BALTIMORE.
The Baltimore American of yesterday in his
tory of the monetary disasters there of Saturday,
| says:
| OF the probable duration of the suspension it
would be premature now to express opinion
II must depend essentially upon causes yet to lie
developed, resulting from the course of similar in
stituons elsewhere and the aspect financial affairs
may assume throughout the country We may
however, safely say that there IL nothing in the
general condition of the country that need inevts
bly, bring on such flood of disaster witness
ed in 1887, render the present difficulties rs per
manent ana embal rassing as then followed thes
pension OF specie payments. OF the substantial
solyency OF our own banks the most favorable opn-
| ION Is entertained by those best informed. They
| are not, we believe, accused of any undue expan-
sion or iilegtimate transactions that can seriously
effect their solid credit. This fact should he kept
IN view IN considering the present position aud al
lowed Its just effect in mitigating the fears and
bukng the scores of exaggerated reports that will
| row find utterance.
The Immediate effect of the suspension on Satur-
| lay, was To brighten the aspect of commercial af
!airs ana relieve the apprehension 50 constantly
prevailing for the past month. The price of money
fttl from 212 to IL per cent, and an advance Of
prices occurred at the stock board. The disasters
that threatened the business community have thus
been arrested, and the general feeling among the
| merchants was one of approval of the course
adopted by the banks
The Sun expresses the opinion that the Virginia
banks will follow the example of those in Balti-
more Speaking of ths suspension of the Patriotic
Bank In Washington, the same paper says:
There was no excitement nor extraordinary de-
mana thereupon, but u brief pause in their specie
payments, TO the same extent their neighbUr re-
ierred TO III the foregoing, deemed prudential
| III view Oh continuance of accommodation to the
business portion of the community. Upon the
most competent and positive authority assurance.
are gwen tnAt this bank " hue tun
every single dollar of its Indebtedness"
In our telegraph column will be found additional
news from the North aud Virginia.
The MoRNoNs IN NEw YoRE.-The n. Y. Herald
of the 9th says:
4 The Mormon newspaper published in this city
has suspended, after an existence of two years ami
( seven months. A few days ago, imperative orders
were received from headquarters that all places uf
Mormon worship in this city be suspended aud the
newspaper discontinued. The order was immadi
( ltely complied with. The Saints here are i'm a
4uaadary, as no reason is given for this sudden
movement, and were taken all aback There wer,
some htteen Mormons connected with the paper
onfy one of whom is an American. During its ex
l7tehce. they have been instrumental in fOrwardiu.
some $500 persons to Deseret; many OF them of th
lowest class of European emigrants. The prnci
J pal Mormon locality in this region is on Toms riv
er. New Jersey. The Murmons connected with IN,
printing here and probably ALL contemplate poin9
to Utah next spring, it being now too late in thu
season to reach there They were in hope.
OF arriving there in the spring before the United
) States troops reached Deseret, they supposed
the troops would 90 into winter quarters At first
the MormOns here looked with little fear on the
troops about to so to Utah. aud only rdicule,l
them, thinking they would have difficulty in
throwing dust into their eyes. They don like the
t present commander; they distrustful OF him.
2 and are down on Mr.. Buchanan for appointing him
The newspaper here cost them $2l0 per week, and
its stOppage was not from want of funds They
Ii theJF Inns will ths Aass RaYE
three hundred missionaries have been sent to all
parts OF the world during the past two three
years, many of them on long missions, and with
: out longer warning than day or two"
d RAILROAD OVER THE ALPs.-The formal inaugura.
tiou ofthe Mount Gents railroad, connecting France
snd Sardinia, was to take place the 9TH Of the pres
e ent month with the most imposing ceremonies
j The French Government was to be represesentc,
c by the Prince Napoleon, the Sandman by the King
j Victor Emanuel himself. If Hannibal had lived
e in our day, he might by slight divergence o
his course have passed his troop into Italy more
:, speedily aud with less suffering, than he is record
t | ed to have done-proyided always, of which there
can be little doubt, lie had anticipated the Roman
y General in getting possession of the railroad
:. AMERICANS IN RUssIA.-The Russian government
g has issued most important decree with referenc,
| to future commercial intercourse between thu
United States and the people of Syberia. Ii is or
dered that the teaching of the German languag,
be discon tinued in the public schools Of Irkontsk
and superseded by the English, as it is oIfcitlIy
called ''La !angue Ame1iedfne," rs the people ol
o the banks Of the AniO0r river will have a NOR,
/ profitable trade with the United States than will
| Germany in a short time.
/ ADVANCE IN NORTH CAROLINA LAsD.--A correspor
t dent of the Petersburg VA Express writing from
I IredelI county, N c., says
: Rapid changes have been going on in this par
> | Of orr State for the last few years. Ten and 6i
= teen years ago, land sold ia this county from 5,
. cents to 81 per acre Now 1t is worth from $40 4
= $50 and sells even high as $75 per acre
= Our Internal improvements, together with the i'm
. provemepts in agriculture have been mainly jus
a !trumental in producing this change
l. polIrICAL SUIr-A W Darden, of Hartford Co
e n c.. recently sued John 4. Anderson and other
for s2j 900 damages for libel for publishing in tn
u Nurfreesboro Gazette the causes which led {
II plaintiff s expulsion from American council
/ The jury gave him dollar and fifty cents dam
} ages.
: DE.p-IIon Timothy Hopkins. a leading demo
| crat. and the entertainer OF Gov. Dorr when h
> was in exile, died in Westmoreland y. H.. tn
= 10Th aged "a. He was one year president u th
: New Hampshire Senate.
= APAcr-An exchange says, 'the Chicago Iet
r ger. full blooded Black Republican paper, is ou
= in favor of nominating solIe neaTo for the Pres
e dency in 1850
, Hiram STREET., chief mate Of the ship Webster
: Of New York, arrested in Liverpool un the lit
I instant, ar savage assault on passenger name
n Kelley, whose ribs were broken
Judge Dearborn. a widower forty years of az
= committed suicide ia Northampton. y. H.. lai
n week. His body was found in Il pasture, with Ia
], throat cut.
n man died last summer in Cuba, aged les year
e according to the newspapers which add that III
= first sickness was that which carried him to h
.e grave
'e Beverly Greenwood, convicted Of the murder
y stephen Rogers. in kemper county Miss, has bee
sentenced 70 be hung on the I'D of October.
y, Gen J. f. Ward of Savannah, President OF Il
Cincinnati Convention last year, has been non
e mated Democratic candidate for the Georgia Sc
h ate from Chatham county.
IL - NJ Il