New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-10-28
the p.,l.s ..ll exhibits great sunssacy. The banks


tion, a, are making the r.ies range at from 10 .
y cent y mor,h for psper clssssd Is prime. Toere Is
hu. little diiposiaon among capitalists to purcns's
psper ard notwithstanding the high rates the tfanl
actors ere quite limited Exchange on Ner'fork IS
still 7es y cent. on Boston a6 y cent, and on Phl-
sdelphia 3s4p cent premium. The high rates Tor
Domestic Exchange prevent remittsnces aud is a Sc
rious drawback upon Business generally.
The Chicago Tribune says:
"A cbaftel mortgage on the part of Chicago, ~.
Paul and Fond du Lsc Rsilrosd to james insiow
ct al. WinsIow, Lanier CO.., was placed on RECORD
at Chicago on the I'D"
Exchange st Cincinnati on NewYork is very hrm
ard scarce q. rates varying between D and ! ' cen'
premium.
Gold is in good supply the BANKERS paying sac
cent premian. The selling fgure; are as = cent
premium.
The Cincinnati Gazette says:
" SATURDAYS movements indicated no material
change in money matters. The applications Tor dis-
counts at the counters Of the leading houses were not
pressing nor large and the supply Of currency In those
establishments being heavy, undoubted paper met
with considerable favor. There is il may be SAID, an
abundant supply Of currency for al legitimate pur-
poses and matiers settled abroad and conn.,
dtIce somewhat stable at home difficulty would be
experienced in securing facilities for the TRANSACTION Oh
TIE usual range of business operations.
The National InteNigencer says:
During the lss. week but little over 500, 900 have
been received into the United States Treasury. Inns
great decrease is mainly owing to the small imports
fioIs consequent upon the financial crisis, aud TO the
United sal public sDds, owing to the same cause
Froa The Philadelphia Ledger.
Our city banks are not paying out many OF tneir
owp notes. Their Movements all indicate gfadua.
iouidstion Of business and if continued at present.
Ill til the second Monday in April have scarcely
doubt they will be far reduced TO be able to re-
sumo specie payments without difficulty. They are
leaning little, and limiting their liabilities TO the
public BY every means in their power. Their stock ot
coin vi derstocd 70 be steadily increasing, and their
suspeI ded bills being settled by payments, ana
such substitution of new bills as are satisfactory to the
parties. The banks ere evidently preparing to meet
the requirements OF the law, by esumlng specie
PAYMENTS on the day named. This s wise, for it is
anife that the banking institutions OF the country
commanding less OF sympathy than on the day OF
their failure, and the longer payment is deferred the
less sympathy will there be. But that all doubt on
the subject may be put to rest sndthe hope expressed
in some quarters for longer time efectuay cut off, the
Legislature should early in its regular session, take
such action ss will show fixed determination their
psrt not to extef the time beyond the period named.
With spece DO ymeIts we look for the first tgns OF
revival Of credit.
There is no trade probably, that has suffered more
from the present crisis in monetary affairs than that IN
Anthracite c(ai. In the regions of the mines there 10
great prosraon, and to large extent business is sus
pended. Coal operators are much Strengthened hnan
cslly, and the miners are in large numbers unem-
ployed. TIE production is but about half what It
should be- the consequence of which extends with tel
ling effect to the carrying companies. The coal trade
is very unwieldly, is moved slowly, and by the use
only ofarge capital. 1t is scarcely possible at this
advanced period of the season that it can be materially
Increased before the closing of navigation and yet it
il feared, especially il there should be severe Win
ter, that the supply will be found inadequate to the
dtmard. In the opinion Of many, the price Of coal
connecting with the Schuyk mines, and the Lehigh
Valley hallway connecting with the Lehgh mines,
sctive Winter employment AT all events, il s gene
rally needed now that there will be little overstock
in the Sprin. and that the trade will with
the impetus that always attends empty yards at the
beginning of a new season. This promises well for
ne1t year. Coal must be had, and the roads and
carals CO meeting the mines with tdewater must be
used to brrg it TO market. Fuel for steam purposes
may not be so largely required as heret )ore bu for
dome site uses there will, no doubt be the usual an
Ius increase. There is, therefore, good prospect
for the coal trade next year as for almost any other
pdItuif
From The Chicago Presa
The WAY THEY DO THINGS IN CHICAG0-On sun
day iDg last, the head of heavy New-YOrk i'm.
poItirg house arrived in this city in state of little
perturbation. His house had claims against certain
Chicago dealers, amounting IN the aggregate ID
$3.50 GOO, all Of which would mature the rext day.
Recolecting the thousand and stories detrimental
to city, that have been retaed of late years by
,nvious rivals, it was deemed advisable that of
the firm be on hand at the moment the demands ma.
rured TO take whatever measures might seem neces.
ssTy 10 secure their ultimate payment Mr. A.. as we
will call the Newiork merchant, had 10 sooner ar
rived than he called upon we'll known member of the
bar Sunday as it was, before whom he laid the case
sting him to be in readiness the next day TO rem
der such professional assistance the respective cases
light require. This zone, he waited with great anx-
iety for the approach of Monday. The day arrived
and imme diately after breakfast Mr.. A. called upon
bis cuitomers. To his great surprise each one seemed
really glad to see him. and his astOnshment we'll
nigh overwhelming when he learned that in every in
stance the money ready for him in the shape Of
the best New-Y0rk bills drawn against shipments Of
wheat. Mr.. A. lost time 10 again visiting his Ia
YER settling little bill woich he thinks he might
well have saved and on Tuesday morning he took the
early train Of the Michigan Southern road, bidding
adieu TO bic Chicago friends and declaring by all the
gods Of the Roman Calendar that Chicago was the
most solid and most reliable city upon the continent
The semLannual meeting Of the Shareholders of the
Great Western Railway Of Canada was held in Lon
doD Canada Weet the Sth inst. The report states
that the net revenue for the half year ending July 81
was f94, l36, out Of which Y cent annual dividend
on paidup capital amounting to f3,32i, l4i was de-
clared. The gross receipts for the year amount 10
els O37 against f6S7 j2 for the previous year. TIE
wtrkDg expenses are 53l Y cent Of the earnings. 1t
was voted, after considerable discussion to loan tue
sum Of ESQ, 600 to the Detroit and Milwaukee Rail.
road Company TO aid in the completion of their line
Arrangements were made 10 repay loan of goo 900
from the Canadian Government in four equal Install
meLts viz: July l, 1853 January and July l, 1889
ard January l. 1860. The road is represented a. in
good cond n, and great confidence was expressed in
its continued proftableness.
Narkets.-CAREFULLY REPORTED FOR TEE TRIBUNE
. TUESDAY, Oct a. 1857.