The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-11-12

only Oh special Jeposiie. About eight thou
sand dollars Of these orders have ALREADY
been issued
The n. Y. Eren'ng Poa says that the
Troy City Bank, which suspended business
onthe 23d ult.. has resumed. In regard Ia
the condition Of this bank, We are permitted
10 copy the following extract from a letter
received Ia this city, from JonS Il. WAnEss,
ESQ. The letter is dated Troy, Nov. 2:
The Troy CITY Bank has resumed. and viii
not be forced TO 20 into liquidation. la bills
are now received by oil the New York Banks,
and are at par all over the State. Az oorsdsr
able 81 this money has been circulated IN Min
nesots, l am anxious to have people there
know that any Troy City Bank bills which they
may chance to hold, ara perfectly good. My
father has. however. resigned hi. pos. "a Pres
ident VI the bank. A new President with abun.
nance Of available funds. has besn appointed,
and after this the bank will "a on without irou
Bile. II ha. Away. been perfectly solvent In
stiiniion, but has been nnder temporary en-.
barrassrnspt, Oh account ii the difficulty OF
rai.iis money at the presen. time, even upon
the best securities, Please explain oil this 10
the good people OF ". Paul
A bill has passed both Houses Of the
Legislature Of Missouri. authorizing the sus
pension Of specie payments until the lat %
November, 1854. being one year from the
lst inst. The bin also susIendr the opera.
ton Of most Of the provisions Of the bank
ing law of the State
The bill lcgaliaing the suspension OF the
banks OF Missouri. until November, 1864,
passed the Missouri House of Representa-
tives on the ID, by !; majority.
A despatch from New York, dated the
18th. says:
Money market dull ard inactive. Bust.
nc.s generally quiet,
The announcement OF the steamer suspend.
cd operations.
business ut the Clearing House fell IN con.
siderable today, the clearing being little l,s-
than 100000 The balances lea. than
$4,000, 900.
We takethe following from the ii, Louis
Repuliimn, OF the I'd inst
We have few changes TO note in the con.
dtlon Of money affairs Gold is more pIen.
tiful, and curreacy not IN ~ good supply a. il
was Missouri and selected Eastern bills are
ut from -, To 5 PER cent, discount Ken.
lucky, Ohio, State Bank Of Indiana 5aG, and
Illinois and Wisconsin free banks from To
TO- according 10 the banks i,Auing Ken.
lucky and New Orleans bank notes ara oc.
casionally exchanged for Missouri at par,
but may bc quoted ut difference OF from To
g. New Orleans notes ARE in great demand
Currency IL still forwarded TO Chicago Ia
make exchange. Rates OF discount, will prob
ably rise. as the uses TO which il has bccn put
gradually cease, which IL discharging of
debts Considerable sums Of gold arr ssn,
direct to the East hy our merchants TO meet
their payments there We SEA that the Boat
mans savings advertise timo exchange on
Boston, New York and New Orleans There
are but few transactions IN sight. which are ut
irregular rates from discounta,e prem.
iuin
The amount Of gold anil silver Deposited
in ,hc Philadelphia Mint las, month. tOc,o.
ber( lor coinage. was over three million eight
hundred thousand dollars. The total amount
coined tina, month was three millions. three
hundred nni elghy.three thousand and
ninety dollars
The Chicago Tine, Of Tuesday says;
The money marhy, is as easy to day as /,
L., -. I,r
demand for money has been active, but We
have heard Of the negotiation, on reasonable
terms OF several pieces oi really good 4 No.
paper But the banks rs general thing
are no, discountiug, and Il IA extremely d,i
hcult 10 get paper discounted Eastern eN.
change is selling "a, from 1 TO =, pcr cent, !
or & being the usual rate Iold is selling
a, GaT pr cent Western currency is abun
tlant.
We lind the following financial news in
the Chicago papers OF Friday
Nsw ORLEANS. Nov. L. The Citizens
Hank resumed today "A considerable sIs,.
Gle came in yesterday, engagements we're
met.
P,rrsBvgG, Nov "a full aud sa,isiac.
tory settlement u the dispute between the
Merchants aud Manufacturers Bank and
O'Conuor. Bro n Co has been made lhe
latter have given bouds, stocks and real e.
tate. Of ths nominal value Of S2lSo00 to
secure slssl1A oConnor. Bro 4 TO re-
sume their banking business.
NEw NoRK, Nov. 5--Thc gold and other
remii,ances Of MesSrs. ITALIAN X wilder. OF
san FRANCISCO have ben handed over 10
Mr. Robt. W. llallc,t in consequence o, thu
late s'sppase OF payment 10y Rober, Halle,
\ Co.
The JaracI u Commerls Announces the
suspension ot Mcssrs. John Gideon i Co.
who will, however continue business under
another name
Harper Rros, contemplate AL early NJ
sumption Of payments in full
Another meeting 81 the stock and bond.