New-York daily tribune., 1857-10-06

Total. S72s6
The Exchange Bank of Lock port hiss not suspended
and Tile Trare says that the notes Of the Bass River
Bank are redeemed at the Saffolk Bank.
The Rhode Island Central Bank has been tempo
Iarily epjeired.
The City of Troy has just paid SIC, 49, as interest
on the Schenectady and Troy Railroad debt. Also,
the interest and principal due in October on the Troy
Union Railroad. The Central, Rensselaer, and Sara
.nca, and the Hudson River Railroad also paid each
one quarter of the principal and interest 9p the last
named road
The baltimore Patriot of Saturday evening says:
The Money Market to-day has been much excited
and if anything, more stringent: Ihe announcement
ct an early hour Of the failure OF Clark Dodge Co.,
one of the largest banking houses IN YORK, pro-
duced considerable sensation here, as 1t must have
done elsewhere. 1t is gratifying TO know that the cor
RESPONDENTS of hs firm in city have escaped Losses.
We further learn that the branch houses in other PROM
ine Mt cities likely to escape safely or with but lit
tie embarrassment
Our banks are 6iscounting only to limited extent,
and disposed TO restrict their lines as much as possible
hence mercantile ACKNOWLEDGEMENTS DIE ese tuan sen-
orally supposed. -.
Oaite large amount of good business paper is Of
ferDg the street Good TO frst-cass notes may be
quoted nominally at u 70 2per cent month.
Money on call ranges from to : per cent. -
Specie is in demand. Gold has advanced, and sells
to-day at TO 10 per cent premium, as to amounts &c.
Silver is also in pressing request and some brokers'
have been selling il in small sums 10 meet e1gehcieS,
st TO per cent premium.
The Bank Of Nashville, Tennessee issued the al
nexed circular on Monday last:
BANK OF NASHVILLE Sept. 2S, 1857.
In consequence of prejudicla ao1 unfounded reports
relative to the sovency Of this Bank causing large
number of depositcrs to withdraw their funds besides
heavy demand for CON- we have been forced to
pend pay ments for the present We beg OF our friends
10 take no action in the matter for few days. until
we have had time for reflection as to the best course
to be pursued Our assets are ample to pay all lia
bilities and they shall be faithfully applied To place
the creditors of the Bank of Nashville beyond all
doubts, we have determined TO convey our private
property ado Onal security to be used in the event
Of necessity reservf only enough TO pay private
n. HoBsoN President
W. wHEELEss, Cs.Aer.
The NaslrNe Banner Of the 18th says:
The Bank steps were crowded yesterday by depos-
tiers and note bolders and considerable excitement.
existed As 10 the degree Of confidence in the ability
of the Bark to pay out We unhesitatngly advise all
note holders not to submit to any unnecessary sac-
fce The high character OF the President and Cashier
is ample guarantee, where they known, that no
upfar advantage will be taken of their creditors and
we have the assurance of q leading member of the
bar in this city, gentleman OF the highest standing,
who has thorougly nvestig sed their affairs that the
assets are abundantly adequate to ulhmstely dis
charge every liability.
Alta ameetng of the directors of the Utica Steam
Cotton Mis, it was moved to suspend work immedi-
a.ely in The mills until the LIST Of Move nber next.
The directors of the Middese1 and Bay State Mills.
Mass, have issued card in which they cay that
they have entire confidence in the solvency Of both
corporations they both have ample personal prop.
ery TO pay thtr Indebtedness besides their extensive
nils and valuable machinery.
The Philadelphia North American says:
81. I..l-
for the better Money is exceedingly scarce and the
heat business paper which is not quite 80 plenty goes
slow az l. , T. cent y month. There was only one
failure of any note announced to-day.
We are assured that the temporary suspension Of the
firm of Nessrs. Clark, Dodge Il Co., OF New. York,
viii rot interfere with the business Of Messrs. E. w.
Clark a. Co.. of this city. which will be continued and
conducted as usual snd that no interruption whatever
has taken place in the transactions OF the latter firm.
There has been a more active inquiry for American
gold To- day and about eco 600 have changed hands
az 4G6 y cent premium. New-fork Exchange hiss
also been dealt in to some extent az as T. cent ad.
vance over current bank prices.
money market and thus put stop to further failure
liz fsst diving out. Suspensions are OF almost daily
occurrence and are likely to continue for some time
yet
TIE Proridsnoe Journal of Monday says:
the week closes without any marked change.
The banks are doipg all in their power and are gen
erslly csyipg their customers along by discounting
| 10 those who have payments 10 make TO them. This
relief they cannot Of extend to the same eI-
tent to those who have TO pay collections: but
| 70 tbes. some aid las been rendered. There have
been no mercantile failures Of consequence since the
srsper,ion Of the banks The amount of collections
falling due has greatly diminished, and few sew con
trscts are entered r;o. fIom so,e Sna'Tsr. notics
carrer. funds; others demand them in specie. Soma
the t.nks ksve given notice TO their correspondents
10 VII. draw .heu collections ralsss hey payable
a elirentfilis