New-York daily tribune., 1857-10-16

soald bsve osueed great trouble and arge loss CT
coin ard NO. have teen attended with any particular
bsnt6. 10 anybody. After the failure OF the New
York baIss, suspeDsion here became question OF
d.ys only and upon the "hcle, dou otess, the oank'
acted wife'y IN coming % it &. orce and snitsoiy;
They have low g. 800 0OJ in coin with very redacs1
liabilities. As far Bos.on alone IL concerned there
wss not the ghtes. grourd for suspension and when
ever Nev-York 10 able 10 resume the Boston oanxs
will De ready and willing. They could resume TO- DAY
without difficulty, were Eew-York in proper eondl-
tion In the meantime Bostor bills are GOOD, as We
remarked q fortnight ego, specie CT no specie
No failures were reported yesterday and we are g'aa
TO lean that +. Skinner & Co., having obtained an
extension on certain pepper mmeoisteiy ma'uIing nave
resumed, with good hope Of going through the rest o.
the hard times successfully. The general feeling
yesterday was one Of quiet and relief aiter ieVei;
We do not believe that the suspension WIN gresuy aa
those who have much money to rase, oui u VIII nave
most beneficial effect the exchanges, ani IL may
gradually sssist the banks somewhat ard enable them
90 materially relieve the snsller desers
Fro~s The Baltissore Srh, 18th
The suspeIsion AZ the North OF course more De
equalzes be Exchanges with that quarter, ana TX
change on N.w.York yesterday fell IN this market 70
2d2l premium with the tendency downward Ihe
basis Of busiDess will be changed ere long sno money
held in allowance snce the panic frs. parayZed conn
dence will be set free now that new though depre-
GATED sta ndaid s established. Ine foregn
will also be held higher both because OF the diuereoce
in the standard and the impression tnat hegoasohs
are 10 be less clogged. Our stock market, though
dull decidedly improved yesterday ofar as the iea1
irg Railroad stock lie concerned. Baltimore and Ohio
sold at a. an advance OF 81 shNe, WITH III old al
the clese, and - asked. Baltimore and ONO Kali
rosd BoIds also improved az cent and Northern
Central Railroad stock l. cent City loans aad
other things without charge. Bank stocks are not
very firm. There is considerable fraffc IN coin now,
which is likely TO ncTease. Gold was selling In th's
cityyeserday at al cent premium Oh our currency,
From The Philadelphia Bulletin, Get IS.
There was marked Improvement al tne Stock
Board this morning. and prices generally were trmef
ha et Improvement.
i little or no paper changing bands On the street. aud
the only relief extended by the banks an oce islona
renewal of notes where parties confess their inability
TO comply with their engagements. The shipments OF
produce to foreign ports very mach retarded by
The difficulty in Negotiating exchange. The demand
for coin on the street is increasing but without ex-
change from our last quotations..
We are glad TO be able 10 state that there Is no
doubt that the banks Of this city will accept the pro-
visions of the Relief bill as passed by the Legislature
No fomal decision has been made "a tnrty days are
allowed for making such decision. But 1t Is well un
oerstood that all objections viii be waived, and the
banks will avail Themselves Of the action OF tue L.
gislature This fact cannot fail to assist in the res
toration Of confidence among the community
From The Cincinnati Commeyciql Oct IL
This has been most decidedly day OF smazement
in this city. The developments in Neg-iOrk, yester-
dsy, prepared the public mind for the reception OF
bad from that city to-day and at an early hoar
this morning, real and manufactured news was cur
rent on Third street. About | p. N. the dispatches
to the Chamber of Commerce began to arrive and
the attention of the business comm Unity attracted
10 the Merchants Exchange. About fifteen hundred
anxious, earnest faces were presented there az 4t
past Cne 10 hear the first dispatch from New York.
This announced general run on the banks, and the
suspension Of four five; the feeling became intense,
and as second and third dispatch arrived reporting
addition al failures, suspension of business and Wall
street Leay impassabe, the impression at the close
being that all the banks would suspend before tomor-
row evening, the whole business community became
perfectly bewildered, and the went down upon as
ff1eh nv ni mai a
opportunity to witness. Some cOnsOled themselves
with the hope that the "bottom" WAS now nearly
touched and that something more hopeful would
turn up. We think there is BON reason and phloso.
ply in this hope matters cannot be worse so that,
Consequently any change must be for the better Tne
Money and Produce markets were unsettled to-day
that it would be useless to give quotations
From The Cincinnati Gazette, Oct. IA
Another week Of disasters, excitement and gloomy
fore bo6rgs has been experienced and the prospects
at present writing less favorable than we had oc-
cason 10 notice on lat Wednesday. Al that time X
was thought bottom had been nearly, If not quite
cached, and that favorable turn in the fusncial
current was in immedi prospect. The feeling maa-
itesfed in this market Wednesday and Thursday |
Sc emed to strengthen the ncioations upon which
favorable antepatons were based but the disastrous
news from New-York on Friday advising OF further
Kayy failures, aHd the prevalence Of an npenetrsbe
gloom oisspated the strongest hopes, aud matters
have since been entirely unsettled.
From The NegQI!eaas !H.iaysse 81.
There agsiH al almost total Suspension OF La-
change operations this morning, and the maIke. IN
consequence presented an appearance OF extreme
he aviress, upreeved by anything OF an oao encgnsg
nature from the North. Upward OF 2,0oo bales oi
Cotton were sod at further decline, aud to some ex-
tent these TRANSACTIONS effected IN barter ior SER
lirg II is useless to proong our remarks on STATE o
thipgs even more depressed Than III Io, LOT lheu A
charge could be cold at a rate, wae 70 dSy heSO'ia-
lions sc med to be totally blocked Ihete were 10
sales Of eitlc S.eIiCg, Francs, or SXiyDAy Bs oa
the North, and tie oaly tIaosacuon ci any u2e was
round alncunt oi ten days sight on New OK at -
cent discount The money MARKETS extremely ugnt,
and arrangements are very diii:ut OF attain
mepf. Some paper was passed az 5ao { cent and
strcr gly secured cJlaerais were oileIel at Inc
banks discount all their income, ana more pesae, pat
to afford any substantial relief they would have to let
largely This they hesitate TO do from prudential
conscientious for go lar as the penalty clause Is con-
ceiped it occasions no thought, as t1e Legs ature
would unanimously grant Dill ei indemnify IN the
From The 81. Louis Democrat Oct Is.
The week opens with q very discouraglng prospect
On Change this mornDg there was no animation at
al On the streets, trouble ald gloom were every
where visible. The telegraphic dispatches TO the
ey enirg papers only tended to darken the financial
sky. The reign news is not encouraging. Further
failures of bsI ks ard merchants reported Per-
sope on all sides excsi when will this ta,e of things
come TO an erd meeting OF he creditors OF James
IL Lucas & Co. will DC hsld tomorrow for tue pug
pose Of making 81 aIraI cement TOR tls immediate
issue of certified checks 10 all the depoitors of the
house in this city, these checks to bear 10 e cent IN
terest from date unit paid. No material ch.nge in
currency Ii is becoming sca7cer aud is more freely
received by the small traders Its dsc,eGited condi.
tiop at lhe banks ard in sll important commercial
traI Ieactois II Ii continues. Rates for money are os
course nominal. The banks, we understand will dis
count little or this week.
WARNING TO Pork SPEcULAToRs.-The number OF
hogs in this section, says TIE AbiaSdOa Va Dang
cyS,. is about as large as usual, go welafoime1
fIend assures u.s. yet tie prices asked by sellers and
offered by buyers are quite tall We inciue 70 the
OPTION that some Of the spectators viii burn their
tir gers if they not cautious Stimulated by tns
high price Of pork last season and the prospect of
abundant corn crop many farmers are making ar