Evening star. [volume] (Washington, D.C.) 1854-1972, 1857-09-30
.-.~-4FElsEGRAPHsG- NEWS,..-.
FROM tbs ASSOCIATED PRRSs
"a The Financiai Crisis.

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l. The Financiaf Crisis 49, e
hLcHNoSD. Sept. 29.--There has been but a
moderate s demand for specie on our banks so Ear,
=, tnev SUI express confidence in their ability
49, any demand which may be brought,
Ei,,,Ss,h sePs 2e-The Farmers Bank at
hs-a - Nily, y e, has suspended. Brokers
are buying its notes al 50 Der cent di<couut
re Norfolk banks are all arm.
Bsnt h. SsPt. @.The ron on the Savings
a.. Ss mere has subsidized. gold drawn out under
tnrn .ndhaence Of the paaic yesterday being re.
,,, mRsNToN, NJ, Sept es-Messrs n ~ eot.
Tisr, -" paper dealers, and Messrs Rotton
indhV Co machinists, have suspended IT,,
i i.eI oispatch says the reported failure Of IT,
Iattei hrin Is contradictedl Money matte. ~
dd' u,dsa r onr banks are meeting all demands
SALEM, j., Sept. % The rcpor, from 7r,.,-
ton in regard TO the salem Bank needs moa,ses
" n, me Salem bank, influenced 10y the action
OF Phlladeiphia, though prepared 10 meet d.
issues, has partially suspended IL redeen,s a.
lives, cashes the checks Of drpositors in its nxr,
bills, and continues to exchange the note. Of
banks good at Philadelphia and New York y
NEW YORK. Sept. 29.-The Burlinpton Cam
den, Cumberland and Salem IN. } banks are
reported as failed. The East Jersey backs. in
Guiding Trenton, will hold out while the New
Money affairs are more cheerful here in conse-
auehce Of report that the banks are considering
,n Pedlency Of expanding the loans to the er-
tent OF several millions No large failures are
Ieported Exchanges are very variable and un-
seI.ied; There is no fixed price to quote
ue brokers here are cryIAg down Eastern and
at any price ~ 1880
LArER..our hank presidents have recon.
.I hed the extension Of the discount line 70
amouat =, Ve na ios The coming week which will
BOSTON, sept. 2s.-There is nothing new 20
NOTICE IN financial matters. There ia a het,er
hiIitI e however, and full confidence in the sta
At meeting Of the bank presidents ,o.d,v
proposition to discount TO the extent Of ten ner
csnt. OF tnelr capital during the coming week
was unanimously favored, but d. Hnite action NV,S
postponed till tomorrow 20 allow absentee. an
opportunity to vote. The banks have gained
SeO,OOO In specie to-day.
PHILApELPHIk, Sept. 29.-The CITY and South
wark Banks paid out specie to- dav on Their smaIl
notes, despite the agreement Of Yesterday. They
received the notes OF the other banks on deposit
except those OF the Pennsylvania Bank
A dispatch from Bridyton N . denies tle y.
port that the Cumberland Bank has failed. IL
paid out literally to-day and confidence in its
o T,.n - undodted. -
have suspended, bet there is no run on The other
banks. ''"''
1T. Louis, Sept. 29-There is run here upon
the bankers. Messrs. Bozy Miltenberper have
suspended in consequence of the non-arriyaI Of a
supply OF specie now in transitu They will
PTooaoly resume Tomorrow. Our other banks
cave promptly met all demands upon them
Inc assets of MessTs. Anderson a. Co and
Dalley and CaTksdale, who suspended Yesterday.
largely exceed their Liabilities and il is supposed
that they will soon resume
A card has been published .irned NV an,
wealthlest citizens, certifying The solyencv ~
Messrs. Lucas & Co aud Renick a Patterson
Our banks continue firm and are discounting lib-
orally ~
NEW YORK. Sept 29-There is . greatly inn.
proved feeling here to-day, mainly in conseoueuce
OF more liberal policy bv the banks which have
promised the meIchants all the cid in their power.
Stocks recovered a portion Of YESTERDAYS decline
ana the general appearance Of financial affairs 10
encouraging.
BUFFALO, Sept. 2s-The suspension of Heron
q BfoThers, bankers at Dubuque. is announced
Their Liabilities are one hundred thousand dol
lars, and their assets are said to be double that
sum.
LOUISVILLE, Sept. % The brokers Of this
city are purchasing only the notes Of the Indiana
state Bank, the Bank Of Missouri and the issues
OF The New Orleans banks. All other western
and southwestern currency is refused.
BOSTON, Sept pa meeting of the presidents
OF the Boston banks was held at the Suffolk bank
this afternoon, but nothing was decided upon
They adjourned till tomorrow morning.
lNDIANAPoLIs, Sept. 29.-The bills of the Tin
pecanoe Bank, located at Logansport, are thrown
out by brokers here
NASHVILLE, Tenn, Sept. 2s-Confdence is
felt that the Bank Of Nashville will be able TO
pay all demands upon IL, and have a large sur
plus besides
The merchants held a meeting and recon-
meRded the Union Bank, the Planters Bank and
do so.
Several Of the free banks were thrown out to-
day.
CINCINNATI, Sept. 2e.-The excitement in con-
sequence Of the unfavorable advices from the
East has paralized business I'm this city. New
York exchange is quoted at par, but only small
amounts will be purchased at this rate
The paper OF an iron house and a shoe and
leather house has been protested
Ii. Holmes, manufacturer, has assigned
RocHEsTER. ". V, Sept. 2s.-AII is quiet
mere All our banks are paying specie as usual,
and ali reports 10 the contrary are false