New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-10-31

fierce q tie correspondents gsnersy receiving daiy
repIapces and bills for collection - heretofore Win
lie uldoubted capital and reputation for iu'es1y the
Nnends Of t5a es,sbisnen. have no oes s,icn in ea-
ievDg vi speedily regain the poson IN credit Sud
na-erce it mas - long enjoyed.
Me.srs. Win-ow Lsnier & Co val on and sier
Nonosy next pay the folo<ipg coupons shen faJ'os
due, VIE Ibdisps Central Railroad Companys 2
rent ls Morgsgs Bond.; he City Of Cleveland e
cents issued to the Cleveland, Psinsvie tsd AshtA
hula RAILROAD Company.
The bills of the Woodbury. Bank, Conn, Will be re-
deem ed at the Mercantile Bank, New York, at ! v
cen, discount.
Ire following Gales Of stocks snd bonds were made
by Albert Il Nicolay at the Merchsn's Exchange;
H,ats az An = : :' Bonds S dr- 1876 In: st
~ ,L.r,s Am. icsn Gusno Company, soo each
10 shares Phen, Insurance Corn pany,
% shsrp. pulon n,ursnce Company . 5 esch''.'.Uo
The philadelphia Ledger of this morning says
The investigation which mas bsen going on oy the
piItc;rs of the Bank of Pennsl valia INTO us ana'
he's been brought rear close. ,
1--WE understand hat the exhibit i not favorable
The immediate liabilities OF the bank "a rorud nam
bsrs irdeper dent of capital stock we ce inform Is
SCOUT two millions of doars-to meet wal IN there s'e
al cts appraised az aud .hree-querter millions
"lf 'bis spprsiseDent and amount OF iiaouiiss are
correct the bank would to b. unable 10 pay its
debts, leaving nothing for stockholders. ooo >.
The hank holds, we believe ABOUT fLoVVV Vi IVs
own stool k; a portion of this. however, has been
pledged to one Of the interior banks through
de agency of third party, VINO now stands liable to
tie interior banks for the amount.
"Tle Committee representing the city osnks in this
matter or sority If IT, is understood 10 be syose
10 al attempt a. resusctaton, ana the indie atom; no
tho, II will 90 into liquidation, and probably ou' OF
existence leaving little for its shareho ders a. did
IT. great prototype, the Bank or the United es
Eoteholders and depositors will probably be paid.
Accounts from ST. Louis of O,ober 26 state that the
sus ,ension of the Bank Of the Stae the Merchants
and the Southern Bank created bat little excitement,
The former voted TO suspend on Saturday, after the
close of bark hours the Merchants 81 the opening OF
the bark on Monday and the Southern, after sus'
timing run Of al hour or more. The Mechanics
cortra to pay specie. 1t is expected tina. the Leg
ilsture will egaze the suspensions The State Bank
thstood the crisis in 1887. The suspensions seemed
TO have 10 effect on the produce market.
TIE HRpallse Wisconsin says:
"IhrCuebout the pneries Of Wisconsin they are dis
charging their hands. Lamb has not osen III 80 large
supply AID 80 oull of sac since 1887 Improvements
in cities and villages have IN a measure been sus'
peuded and hence the glut IL the market. The came
is true OF the Iineres of Michigan AMI hundreds of
men ere u rowe out of employment st the commence
ment of the winter"
We earn that there will be comparatively tile
lumber cut in Maine during the coming Winter. Tue
The PHILADELPHIA american and Gazette considers
ii certain that the revenue for the urg year will
not equal he expenditure by many millions, and that
loan Is inevitable. Ii bases its conclusion on the
following statements:
Only eleven months ago the late Secretary OF the
Treasury Mr.. Guthrie, in submitting his last annual
r-pc to Congress stated the resources OF the GoV-
ernment for the current fiscal year as oiows M OO N
Fom Customs. az %so 20
From Lands 0oe9vo ~
Misc laneous '''''" ~
To- bSs std estimated oia"c in he Treasury,
June ~, u
In Consequence O. tue modification Of the tariff, at
the last Of Congress large importations were
made sud warehoused previous TO the lat OF july to
profit by the reduction Of duties. Hence, during
July, August and the early part of September, the
receipts from customs largely exceeded the average
Of MIR; Guthliee estimate, made before the Law was
passed.
That ABOUT twenty millions of revenue from Gus
toms collected in all The ports Of the United
Sbtes, between tn lst of July and 18th of S9p.em
ber ard allowing two millions from lands of the sales
Of which no official statement has been published
Rough guess may be made at the state of tho Treasury
Cd the st Of January mex when the frat half of the
current fiscal year will have expired. The receipts
from customs have fallen down to half million
week, or less than one third what they were month
ago. ard they not likely to increase materially for
some time TO come no matter what may be the expec-
tation at Washington. II is rOt unreasonable 20 an
cpste that the receipts from the public domain will be
cut off almost entirely for year twO-uot because
migration to the West will be diminished for
thIk, under existing causes il will DE considerably
aud Substantially increased but because the immense
bodies Of lands now held speculation in the
States ard Territories will be forced into market, 10
the serious competition and present disadvantage of
the Government
Proceeding. then, upon Il assumptions stated, our
estimate for the six months of the present fiscal year
is =. follcws:
Balance in Tressrry L. July. 1857 00lCo0
r.Nepue from Customs 5th Sept ............ oOOO
Revenue nom Customs iFom 18th sep I" ISL ia" .o,o
Revenue nom Lards;o l., Jan iS5s......... 2,o'oOoo
.............................sB50 10000
Revenue Fl m Customs nom Jan July 49,. lsoOoOo
Totsl......................... sSl5SOoo
This estimate is some $3l COO 900 below that of Mr.
Guthrie. The appropriations Ior carrying on the Gov
eminent EEK ear amour, to over $50 600 COO or near
ly $2O 600 900 than the estimate OF The AmeT''
can and Gd.ette.
The necessity of some measures for bcging forward
the grain and produce Of the West daily more press
ing Ia the present state Of financial affairs, the crops
aye the only means of iquidang the Indebtedness OF
the Wes. TO the seabosrd cities. There is scarcely
none, enough in the Fest for the daily Transaction oil
their own business. In little more than month, al
the Ion gest the Of transportation IN sn7 qu'n'
iy commensurate with the requirements OF commerce,
will be oaly impeded, if not rendered impossible.
LIST year, in the months Of August, September ana
October, millions of dollars worth of produce were
ded from the West to the seaboard This year,
October has nearly passed. and we have as yet CON-
psrstively Iotbing. Not third so much has been
received at the seaboard this year as last while the
demand during the coming Winter is likely to be
greater than ever before.