Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1857-10-10
The Mone&arY Excitement.

ST LOUIS, Mo-, Sept. 20.--MeSsrs.
Dogy, BIettenbcrger s. Co., bankers here,
closed their doors this morning, Their
assets are said to be ample. Cards signed
by alargc number of our wealthiest citizens
are published, guaranteeing the Solvenoy of
Lucas & Co., and Renwick & Peterson,
andpssuring depositors of the safety of their
deposits. The public mind is very unset
tied, and there is Il general run on our bro
keTs. The banks stand firm and are dis
counting libcraly.
Sr LOUIS, Sept. 20--3 p. M.-The
BANKERS upon whom the runs were made
this morning, freely anu promptly met all
checks and thus restored confidence The
cXcitamcnt has almost entirely subsidized.
The immediate cause of tho suspension
of Bogy, Milcnbergor & Co, was the non
arrival of coin in transits The probabiH-
ties are that they viii reopen tomorrow
The assets Of Anderson d Co, aud of
DAwlcy and Btrkdllc, largely exceed their
liabilities. The presumption is that they
will resume in very short time,
PHIIADEbpHIA, Sept. 30.-I'hc banks
are acting in harmonious concert The
Bank of Pennsylvania is arranging for n
firm bosis The business community feel
outraged at the want of reliable system
in finance.
MpDLErowS Pa, Sept. 2S,-The
Bank offNliddlctown pissed ii resolution to
daymaking themselves individually liablc
for all their notes. The combined wealth
of thc board OF directors and cashier is
about million of dollars, and their circu-
lation is less than 500 900
CtNciNNArI, Sept. 2S.-The excitement
in consequence of the unfiWurrbc adyicos
from the East has pralyed business in this
city, New York exchange is quoted at
par, but only small amounts will be pur-
chased at this rate
The,papcr of an iron house and shoe
and leather house has been protested
~ ID Holmes, manufacturer, has as
signed. a
Rtc4MoND, Sept. 30.-Thc condition
of Richmond this morning maybe summcd
up III a few words 1t is dull, almost be-
yond precedent Financial affairs have in
no respect improved; /; but have rather com
mcnccd going backward, after the manner
ofa crab. The only paper currency now
existing here is that Of the old banks and
their branches, and those who hold the
notes of other banks find them, at present,
entirely useless The brokers will not buy
uncurrent bills to-day, on any terms. I'm
consequence ofall this, business has suffered
check from which it will not recover for
some time to come
BALrIMoRE, Sept 30.--Thcrc is no
material change III monetary affairs here.
The banks, in some instances, are redeem
ing hvcS, as an accommodation Specie
commands from seven to ten Per cent pre-
MUM, for Baltimore funds.
STAUNToN, Va, Sept. 30.-The Cen
trail Independent and Branch of the Val.
ley Banks have suspended specie payment
CHARLoTsvILhE, Va, Sept. 30.-Thc
Monticello Bank suspended the specie pay.
mrnt.
ALEXANDRIA, Va, Sept 3O.--Thc
Banks here to-day will not allow run, aud
arc paying out small amounts only.
New YoRK, Sept, 30.-Thcrci Is pami,
in the stock market to-day, and Virginic
SKIES arc quoted Mt 10
BosToN, Sept B0.-Thc Suffolk BanI
refuses to redeem the notes of the New
England county banks.
AWFUL RATES OF INTEREST. We hav,
it from unqucStionablc authority that thrc,
per cent. aud three and u half per cent
per month, have been demanded and beer
paid in our streets, within the last week
What pursuit, business, or engagement viii
Justify such rates as these -Fyeaer{ckS
dug H,raM
Our fredericksburg cotcmporary woul,
open his eyes a little wider were he ii
Charleston. We heard OF II case on Wed
ncsdly, in whicha gentleman pnid fiftccr
dollars for the use of one hu1dred and fit
for single day. This is at the rate of 30j
per cent per month, ,-Ghar 4Ncrcury.
WASHINGTON, Oct. 2.-Tho Sccretar
of the Interior has recently invested near
ly "a million of dollars in State Stocks
NirginiOs, North Caroinas, Tcnncssees, II
lfrois, NliSsouris and Pennsylyanins, il
trust, for various Indian tribes. All .bu
100000 of the whole amount has beer
drawn from the Treasury; aud the presen
time chosen for the Investment, in order t
afford relief to the money market.
AUGUSTA, Geo, Sept. 30.--Privatc dc,
patches received here announce the suspen
sion Of ohe Exchange Bank, Murfreosboro
J thc Trenton Bank at Trenton, and tho She
byville Bank at Shelbyville, all in Tenncs
sec and that there are others of doubtfr
solvcncy
NEy YomK, Oct The 1anic in thi
city has subsidized There arc no new f6
ures, and all seems quiet again,
bATEsT FROM PHrLApELpmA.- .-Th
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