Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-09-27
TELEGRAPH.

II - L A1Al[Oe 49, -A--s
: ST. LOUIS, Sept, 25-Flour advancing. Whea
declining, Red !, 123 White ,25i Corn hrm; Nike
so; White 81 to 65; Oats firm 80 10 %; hemp ~
to 500.
CHICAGO, Sept. 25.-The case Of the steame
Fife Alton cs the Rock Island Railroad Company
which Mas been on trial for two weeks closed to
day. The Jury failed to agree and we're discharged
e PHILADELPHIA, Sept 25.-At q general con
ference of the Bank President held this afternoon
temporary suspension of specie payments on checks
and bills exceeding ten dollars, resolved upoT
by all the banks of this City, to take effect tomor
row.
; PHILADELPHIA, Sept. 2G.-There is no concert
of action among the banks.
The pennsylvania Bank has resumed business
with total suspension of specie payments. The
"Bank of Commerce" is paying out notes but nc
specie,
The "Girard" is redeeming 6ves only.
The ''North America" and Mechanics" are paying
specie and certifying checks
The .'Tradcsmans' pays all bills and checks.
All the banks are certifying checks, and gener-
ally pay specie on ives, but the Consolidation, )"
| "Pennsylvanian," Township, and "City" Banks
pay no specie at all.
The Brokers' board resolved that past sales of
stocks and sales to come may be paid by certified
checks on any of the city banks current on the day
Of settlement up to o'clock.
Private dispatches received here snuounce the
suspension Of the Reading and Pittsburg banks.
BALTIMORE, Sept 26.-At a meeting of the
Bank directors this morning it resolved to sus-
pend specie payment on all notes.
PHILADELPHIA, Sept. 26.-Every department
Of business has about suspended.
BALTIMORE, Sept. 26.-The suspension since
ten O'clock is total with the exception of small change
for customers.
! WASHINGTON, Sept. 26-The Metropolis bank
has resolved to continue spieie payments. The
Bank of Washington has partially suspended The
directors of the Patriotic and Metropolis banks are
now in conference.
NEW YORK, Sept 26.-The steamer Baltic sail
ed at noon. She took spicie. Beverly Tucker
and family are among her passengers.
The reports current in Philadelphia that the New
York banks are about to suspend IS untrue There
are signs Of such measure.
CINCINNATI, Sept. 26.-Business is unsettled
owing TO reports Of suspension Of specie payment
by the Boston, Baltimore and Pittsburg banks. a
disyatch from Boston however says that State street
is much excited by Philadelphia adVices, but the
banks have largely increased their specie within
few days and there no signs of suspension
The New England banks it is believed will be able
to stand the pressure ..
NEW YORK, Sept 26.-The Banks remained
strong at the close of business with signs of sus
peusOn-money is sought for at increased rates OF
interest. s. -
BALTIMORE, Sept. 26.-The Farmers and Me- |
chanics bank is cashing all It's notes. All other
banks have fully suspended The excitement is sub
siding much surprise is expressed at the non-sus-
pension of the New York City banks.
= WASHINGTON, Sept 26.-The Metropolis bank |
closed firm. Considerable deposits have been made |
in the Patriotic and Washington banks since the SUI
pc sion.
BOSTON, Sept. 26.-The banks have increased |
their specie four hundred thousand dollars during
the past week and stronger than they were
fortnight ago No panic.
W. B. Lovejoy, Clothiers have failed. The bills |
of the Hopkinston bank was refused by the Suffolk
bank.
CINCINNATI, 26th.-Flour 4 25a4 so. Wheat
red 70. Oats 34a35. Whisky, Il. Sight checkson
New York. per cent premium. No failures.
The Cincinnati Ohio and Trust Co. have assigned
to Charles StetsOn and members Of the old Board OF
Directors.
WHEELING, 26th.-A meeting Of the citizens |
this evening recommend the banks Of this city TO
Immediately sospendspecie payment in consequence
of the heavy run on the banks by foreign brokers
and bankers.
BOSTON, 26.-The Suffolk bank refuses the notes
ofthe Rhode Island Bauk.
TRENTON Y. j., 26th.-James 5. Stirling has
failed. His assets are ample. A heavy run was
made on our banks. Their liabilities were met.
NEW ORLEANS, 20th.-CottOn sales 1000 bales
Operations are checked by the difficulty IN passing
exchange Bacon, rib sides Is -. Exchange /
dali