The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-09-03
The Fall Trade.

The Fall Trade.
| Atno former period we're ourmerchants 80 wei
supplied with Dry and Fancy goods for the interior
trade They are prepared to sell on just as goo'
terms ~ those of Northern merchants. Taxing
turn few days since In some Of our leading who'e
sale establishments, we were astonisbed AZ IN, -
! tent Of their stocks. From cellar to ATTIC a.,
/ spacious warehouses are crammed with soo"''
| Guiding all varieties suited to the season
/ Richmond has been always reputed io' 80 r.,
sunplies and reasonable rates In the ro
Thn.s from tho country who 60 through 70 guy CIV
.ns far between; for no where can
/ ,hsx ,o nurcbased on more advantageous 49,
-. .,,ch INDUCEMENTS are now oHerea oy
| ,.nt. ss ought TO command the Haae
80. 40 ,n,ertor. All they ask OF their fellow CIV
80. ~ tho south and West Is chance. Exam
! 49,. ,heir stocks and prices and give them triaI'
n them but this and IL Is all they ask, 10 Vihoi-
,.,o Richmond skill, capacity ana enterprise 70
.onduct a wholesale business, and to compete with
the merchants OF larger and more lannon's cities.
KuIrn ri LloHrNISa.-Jedediah W. johnson, son
Of Col. VIM. johnson, of Bridgeport, Harrison CO..
Va, was killed by a stroke of lightning on the 9th
ult while crossing Of the prairies In the Che
rokee Nation.
K,NsAs.-The Washington Star has private ad-
vices from Kansas Territory, which lead II to the
belief that Lane aud his compeers, Robinson, Red
path Co.. will be able TO secure the defeat of any
constitution whatever that the approaching Con-
vention may make, when it shall be submitted to
the people.
CoSyIcTEp-Ransford Daniel, who stood charged
in Roanoke county, Va, with committing foul
outrage upon the person of his own daughter, Pru.
ella Daniel aged IL years, convicted before the
Circuit Court of that county last Thursday, and
sentenced to fifteen years confinement in the peni
Tertiary.
MARINE LossEs FOR AuGusT.--The marine losses
for the month of August estimated at $5s5, $50.
In addition to this two propsllers and two steam
have been lost on inland water, which, if added
to the above list, would swell the amount of losses
to about 100000.
VERMONT ELEcTIoS-The election for State Off.
GERS took place in Vermont Tuesday, and the re-
turns indicate the election of Fletcher, RepD Gov
crnor; Shade, (Rep) Lieut.. Governor, and Bales
(Repl Treasurer. The Democratic vote has largely
increased since last year Out of 81 representa-
tivcs, one Democrat is elected and that is Demo
cratic gain.
LAND Notwithstanding August 1861 warrants
were issued from the Pension Bereau, requiring
81 200 acres to fill them. Total number issued
under the law, 21216S, requiring &c, $40 acres
to fill them.
MONEY MATTERS IN New YoRk.-Susp>nsion Of III,
Mechanics Bank.-The n. Y. Journal of Commerce
of Tuesday afternoon has the following relating to
failures already noticed by telegraph:
VI = n,
an institution with reputed capital of S632 900
whose customers were chiefly among mechanics
builders and small traders, several days ago found
themselves expanded beyond prudent limits, and
obliged to call upon the larger city banks to
rediscOunt a portion Of their bills receivable. On
Saturday they were again short, and the banks
again responded to their call. This brought the
institution under the notice of the Clearing House
Committee, who last night met at the bank tC
make an examination Of its affairs. The examina
ton was less satisfactory than hoped for, and de
ficiency of $7S 900 discovered in the cash This
deficiency traced, it ia said, to the Paying Teller
and q warrant was obtained for his arrest. The
Committee at once suspended the institution from
the privilege of exchanging at the Clearing House
and notified all the banks to that effect. In con
sequence of this the bank stopped payment thi,
morning.
The circulation (about s2Oo,OoO) is abundant,
secured by New York State stocks, and the notes
will be received by the city banks ~ usual. The
deposits will probably be paid in full, as ii car
hardly be that the capital is entirely consumed al
though the bills receivable will be less available
than those held by most of the other banks. a,
many of the customers needy borrowers VIII,
will find it difficult to obtain accommodations else
where until the market becomes much easier. III
addition to the deficiency in the accounts of the
Teller us stated above we understand that loan OF
$4,000, made by the Cashier, il among the sus
pended debts. The deficiency is, therefore, lbs 900
The Teller holds securities, understand. for tn.
5000, which, it is reported he has merely loaned
on his own account; but these are not Immediately
available.
The action of the Clearing House at such time
this is productive of much confidence, US every
bank is there scrutniZed, and if it falters. it af
fairs subjected to rigorous examination. Thi.
rule relaxed, slightly, in the case when this
institution above named was first assisted but will
now be faithfully adopted
Upon the heel of the above announcement came
the report of the suspension of Messrs Beebee {
Co., bankers and bullion dealers. This house has
always ranked high in credit and respectability
but involved with large loan to the Ohio Life
Trust and found it utterly impossible to obtain any
money upon most abundant supply of securities
We also learn that MesSrs. Adams Buckingham
a very respectable firm doing Western banking
business, and produce and grain commission bu
Gness have been Obliged to upend.
The arrival of the Illinois will now be looked !
with some anxiety her treasure will be very We
come.