The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-10


2,ee0 nIshels feed.
BurAic, Oot o-lP.N
Flour unchanged Sales day Zoo barrels q 81 70
- for common 70 extra Ohio, Michigan and indiana
Wheat unsettled Sales mostly private; ~ 900 bushcls -
SOC. for Chicago spring Corn lower. saies OF $4,000
boshcs u b7o. as7kc Oats namins. u 38s. wniskoy
brmeY, q, iSo Freight nrm. Wheat - New York Loo.
Imports yesserdsy-l.ooo barrels -four, GO 600 bushes
wheAa 500 bueheh corn. and 5000 bushels oAis Ex
ports yesterday 10000 busheis wheat, 5000 busheis
o,rn, and 5000 bushels oes.
Flour dull and ower sales 400 Obs st - 5oa IS for
common 10 ordinary extra Wheat unsettled socordiDg
the wants OF sene; sales COO bushels a 7c s2c for
Chicago spring. 9Cc FOR red Illinois Corn scarce bus
lower sAles 10 900 bushels N 57c a67ko. Oats-Fex
here and Il $780, whssksy nrmer sales lao bb's
lsc. per gallon. Freghs nxm; lSo. loc for wheat 70
New York.
Flour unchanged sales today, 5000 bbs. Wheat y
dull and held At about $780, for chicago spring. seles
day, 1000 bushels. Corn u quiet.
CHICAGO, Oct s-6P.H.
-Four, steady whess, firm &. 700. Corn, quiet Oats,
Inactive Shipments Bunalo-No -four wheat Is 900
bushels corn. Shipments 0swego-No -four or wheat;
$1,000 bushels Receipts o-day-2too bb. hour'
100 600 bushels wheat, 400 bushels corn.
DnRor, Mich, Got. 9, 1857
going forward account Of the arrangement Of the
rency and the uncertainty OF the Estern markets. The
eck OF -four hand larger than that OF any previous
period this season. The receipts yesterday by railroad
uT suS %
Bualo will be laid up a. fAGt ~ they arrive at This port
The moretary excitement has subsided Our remaining
banking Institutions are looked upon with the Utmost con-
ndence.
PHILADELPHIA STOCK BOARD.
pHIIA PILL q
Stocks steady Pennsylvania 6s, 81; Reaiiug Railroad
lk norr. Canal, 10; Long Island Railroad, TX; Penn
Uivnnia Railroad, 50.
THE REvULsION IN THE CITY.
Condition OF the Manufacturing interests
ghs ship Yards-Ths Effect on the Shipping
-Ths savings' Banks-Nsw Buildings,
&C., &C, &c.
In order TO show effect Of the commercial panic upon
business In this city number Of reporters yes
terday engaged In oollesug Information the subject
The following is the result Of their nbon
THE MECHANICS AND wORKNGMEN.
Tha. the working classes will not be great sufferers BY
the panic has been represented Ia matter Of doubt
and II must be gratifying Among extensive manu-
acurers the umo regard for their employees has been
and is exercised and every disposition has been evinoed
ursrs have kept large numbers Of hands pnx up stock
In spie OF the decrease Of sales and In utter
sagnson of business whilo others with regard for the
WHOLE have instead Of dhchareng any, simply reduced
tho time Of ALL Tho statement Of every manufacturer
importance has been 70 the effect that hands would
be discharged unless positively unavoidable. When In
connection with these facts IL shown that The savings
banks have large deposits In reserve, and IL is remember
ed that the tendency Of The excitement has been
10 reduce prices, must be apparent that the
working classses are not 10 badly on ~ some
Dasip nsksss have sads&vored 70 demonsRsss The
prices Of prcvsioas rssl6v - As 6ssns, bssnss
tho dese snure that they louDg instead Of gaining
by high prices The grooers found that many families
Trained nom buying sugar for preserves account Of he
high prics and The price or sugar had down
kta and oihor articles Of food have also fallen 20 iha
pressed hal the grain and Hour would ind way
from the country, but the principle which has brought
roSn ~ aos b1ss msa, mo D1ns Sx .ne
ply II must therefore bo admitted thai The pro-
duoe . inevitably comc In and !hsi prices win couuue
st fair standard While niempstng tbe bright side OF
the picture cannot be denied that Ihere 10 also dark
side least third OF mechanics likely 70
been prepared With from reliable 70 show the
general elect Of The present s.ncnens upon nusnes 10
time 70 prepare for the coming winter
rHH IRON WORKS AND MACHINE SHOPS.
The iron works and machine shops have thus far been
apparently dsoharsng The most hands The pro5netors
OF the larger establishments complain loudly Of The lack
OF contracts, bcaineu being unusually dull, with but
few exceptions Tho average number Of man thus far
discharged, 10 only about oneihrd. The deficiency
solely 70 tho commercial crisis, tho diminunon has
been gradual and regular for some me and not sudden
largo sewing machine Grm Il doubtless 70 bo attributed
more 70 the fact OF cheaper machines having reader
lc than anything else snco the other firms In that line
NJ hUnfu IN bs ala~k hs
manufactured In advance In the Iron works and mschne
SHOPS n other departments OF manufacture doubtless
not Be DONE the men must quit work II the rs dealine Of
orders
THE uArrRs.
Fortunately hc jcbb,pg trade was pretty far advanced
before the panic made ih appearance. rhe fall retail
uaic bar however, been rather dull. The heavy manu-
fscsurou complain that they have orders enough,
but cannot AFFORD 10 make them up without
he cash. Others are abort OF orders, and are
manufacturing for nock, while tho suspension OF
ncymcn DOT Of employ ment- Genn has not Jet dig
charged any OF his hands Of whom thcrs about soo
ii work more certain several large hoases whose sssaS
lishmeru are located In Conneo<cu, New Jersey and
other states, are winding up and win throw oui Of EN-
pioy ment several thousand there They complain
Thai The refusal OF the banks 10 Accommodate them with
discounts has embarrassed them In procuring means
as their weekly cash payments were heavy, they were
deprived Of The means OF meeting them By The OF
he banks.
TIE JEWELLERS AND SILVER PLATE woRKnRs.
A, the Of this panic notorously the costly, rock.
less errsvsganoc and luxury which have bean 20
thoughtessy indulred, iu effect 10 fol. very
heavily In those branches Of businen which are
more objects Of luxury than necessity. Thus
the jevery business suffering sadly from The crisis
Several large e,tabshmens lo3ated In this city, whre
manufactures are In Newark " j., employing In the az
gretaie four or i've hundred mon have stopped Alto
gehcr Tney complain that orders s,arcc, and thoy
snnot Afford 10 pile up stock One OF The largest firms In
the city, employing nearly two hundred hands, Will,