The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-08-26

matters and public confidence The greA fall TO day
the arst ess OF large failures bul a. those surs Iet
loose vast Quantities OF railroad a,ooks which must be
sold, no ono can form any idea OF II, decline market
vaine that rs follow. Mer The ars beard p-.oss
ruled. and a., sorts ~ runors we're eHos,
A; the 0osad there was shA. rsixh, naturally
have been expected. sngb rescton. In some STOCKS
hEis improvement. Was realized, E.is advanced II PER
ceat. Csvei,ed and rossdo. ResdIpc "a Cross. cod
Milwaukee, :; Peurs.'vsns Coal Corcps1y fell psr
csat and closed very 6ul Losus ust on rs,lsoed 40
our!tes mrI have been rapidly closed 70 dsy Tbs
margn were wiped out at dash, Glc Alternative
Jeff for hoidsss hypohecaon 70 PIT lhey, e,
uroa lhe market We do act zee wha eau sus.S,n
them long WHERE they TIE panic i, The stock
Haraet 10 day wan not toe result Of any particular and
GAUGE, bu! the resui. cag CT causes
which have boer operating directly cad. Prices
for railroad stocks have been l'lcy SUSTAINED by the
vo-y parties whose fs'17e arlsupceG 10 day These
Concerns hsvs been buying and carrying or thou
saeds Q; shares OF Of railroad sicck.
When they iouad themselves ugahe stand under tho
burden any longer they threw tho pSzEe. aud 10.
/, e, fer any price tho r,nosH xoua bring
The failures reported 10 tsy foAcwe:--
10 Launay, ,se'n Clarke ,,snss-s aac ssaeT nrnxcrs
John Taompsou ......... .EansoT au nnoloy nroSors
T. s. &u5To9. .........,.. SHOCK s-acu sios
Thee The street thS h'ernoor Of the
failure cr very arse private banking house, wei known
Tor .s connection with Wesiern railroad companies
baaS N Hartford gss also reported &c hAvitg ss!ai
hes:- % Lsun.y, ise:n 4: Csrko have beoa for
ys.-s engaged Ia stock operations and tn the foreign
change business Th. Ia their rsconi a..u. They ope
fsed a. the st cA ESOhags very extensive, ioG outside
'reopIasors ana known 70 ioss IA gey ny the
decline in E,+e Hcg-p Southern and Rev gcrs oe,.--i
TneT tsB Hies are ss,d 20 BE- worry heavy NJ. Joan
Thompson has been u wal s;ros, tveny a'-y years,
confined himsn- generally 10 ,ae banking ana
money pc.irers Ee has p.ur-d pscrlpeo. W scne si
xga: :gans Sni enc c lha original proprsesog-
o. he Beck urdge Cce Company ALs entafgiennenis
gro pF'urpsy WITH banking iaEtGr7os H,s Ftspe1s5n
VIZ o1y, ioa7o, no temporary. we have ~ tnurt
n lew moB;as wih tea annocis machinery
OF Mr. Thoapson's extensive establish neni In
iaii sra srccess.ui operation agaG. Ii, does
pe appear 20 &c &c ee VINO can oe spt dosa eY
.hs rnos adverse ci.cnuuS;aace-. M T. Nrrroe hi,
acen IN cpc .nor "a for years.
aud wa member ~ sre Beard o, Brokers, For
tine pat no GRATED as bull, and h iossas Must have
tsep hcsyy Tas aoou. tie cI;en; Of da d;sz!ors
among ,p,vidus cOaesTps websye dc, b every day
or some ,rao c5nc VIII bring ia FAN The frEu
ca! revul'cn VIC predicted I, fairly cpoo u- aud
Gao tel share J: WI! stop Hantgo:s 81 failures
nu:s take :isce, and immense csses ma. be realized.
Ina aEiiy i! largo Zoo deeply Involved in al
sorts Of sicns escape wihout tho nsursl COO.
,and. s.d c.. OF the stock securities representing bcse
wcrzs mat pccouc conp.,.ciy Esnhi!ntsd. iae
rssdy De ,sied by tsas or u.llieeA, ani cha:
little nominal vaue there maj le ETH left n rsifoad
di-aPpssr, leaving hcders wish noi much
noie thar "a nicoa Disnl paper. We s,e lus spssf-
,ry uror the uncs. t,Aru. IN an-ncs! az
fas Contraction rud depletion inus, no ,ho order of
tho CAV smoag banking .ns:..ricns ard tro crcc
system throughout co1uyy viii DC bcoso the close
conp.s,:y pros,:acd Acag the bsak failures reported
me following, believe, arc give, upon good auhori.
- -
Rhode island Central Bsrk. E.s, Greenwich.
tVeyton nVe'to"l ~ 4.
Farmers. Bank. Observation-Disclosures. wios'o'd.
Warren Back. .Penhsy wanna
Faux OF hshshNs' ...,......'..'.''. sNglI"
IsSoo1s isns. ''''''.'''''''''''' s'~ne-
a b~EA IA ia. uofo.
oos FOR roube sicpg the banks OF OHIO AMI sucng
so-o Of New England. A great many of those deeply
ia,oiyeJ win .AhcAs companies and nags, have made
You- cnss The caecs o, railroad collapse IN thu
country must he flI DISASTROUS similar influence
pro-5uosa u Great iss.a. ~rtos on British railroads
in lss. said me invesmenl or capital In ihsse f. Itch
railroads caused the t- di.ssrcrs royuislcn espe
IN Grta, Bi'sn. u ruined many hgndrccs OF her
richest merchant ana prctcced long cont nued pro.
tr.,oo Of every Industrial interest, iron which ro
quIed year OF pauen, labor Aad economy to
recover" nibis enes Of the reaction Of Inc rail-
sss,.s n 10 late TO repine, and mus reign
ourselves 70 the consequences.
The rc,n OF the OHIO Life and Irutt Company remains
unaered. The Sheriff Is in possession 81 eli The hosri
rsrc, asd ether traps Ct ihe ncvrn ~Sog TIE course
OF law 4 lr, o certain creditors who have commenced
proceedings 10 our court. will be found under sPpro
rrass beading in ano,nnr par Of IBIS day spaper Some
OF our shrswscE, rtcck brokers bad tho zsGl 10 sell he
s,cok or The Ohio life and 1rus, Company la,g'y shgr
commencing fu vo month, since my be rsos.isss
tia, one OF Contemporaries mnao nazuar, attach
esdbg house IN william street FOR scins the to;. o.
this company lonr ortons The mstvrs ana i7ryfi;y
o.ihe sellers ware .cac-enty s.sslcJ Inc ,oundue.s o
tho company and the vuue II Tho rtoc, q, security
.saecs. tie prospective ic.:~ The cpciNoh vore
Ros.d over by ne Pad .tpcTdisrY OF TO bell
interest Il alleged tina; h'r house was rc-.iter.
,olar 81 several usscrr'tcs, wbicn, rsic ;hoy
hsse met ins most nsauor1 ash reckless s-7ro'; ,fon
ih uncrop alsus ofrta n The BEL !scresi, have pr,E
70 he ADO rortht-s tao lf Win WOW OF pain
lrx ihsrr 20 re pablo. iese lsee. we're enssrsa
.ta Hscruog 81 tote 81 cals@res. ard "pi,uirg ~
rrni" sain-: ise rcd rcp-t: 4 see qua securities, Tor
tie sumsbiy purpo.s Of frightening OUTSIDE holisr. 'sio
.eInre them belo~ the vsue he r. uss gel AZ di -
flrnry bccsa.e Trey beie~ei The market price -u
eyosa The ASTRAL vs'us, ana Ebg ;hay rc.png
the ggh harvest e. the iofesigAs AMI sagsciy iass
well .Hcrd to be chsna gc " their reviierf We nave
lct no opcrnny q -.rfns the Fubic of he dagger o.
by TX ,hcis worthless tsfs srd O. iso tbs
taken to W no ssd ssa1n hon sad woider ., ~
r-csrgty Il stu hofsvt the ~.ac G, -rs1i
securities AL conaacnsc In The Honesty Sod 'udrcr, d
TIE cigars CT oso bubble oapsnls have departed
AID csac-f car tsrc.for,h Place ecrGdcacc .acsr
,..mes,s Their audsaobs rsvs, sner -b., bss
eurrtt, sprca- a.sgaans, an thS-o vho have been
aiucei 70 rslo- ihsr sdvice - be s'o~ 10 lmgr.s
/. 10 tie real motive.
The As.,,,p1 Treasurer reports 70 dsy Is fyHo-,-
Total reoepis sscg,s9Q 5
psyncrr tiNGls "
Esisnce NsS bt
The Cun.rd steamer from B,.son fcr Liverpool 10
ro~-weepos6sywn ,Ars co, abort 800 900 in spsols
The following is comparative slstGmcnt Of the en-.
port. (ev susive OF srecie) fem New las TO foreign
tort "a snas