The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-17

usdsr spsstal laws VIII b obliged 10 saks certain sv n
Ne dbeAsrgs Of Ask any that mus foros every nA N
~ sass inAo quidaea. AAy order q dsoaoa II ~
Supreme Court oaAnot stay Ne proceedings Of our H,Ass
aushoriues ne prooss laia down By .psciA sss Tor
forcing banks q hsus Into liquidation simple end %
imperative has our courts osnnot prevent it, oeration
All Law Tor ths ooleoaioa Of dsbas, o. Tor
tho tbs easorcsnsns Of conHac mxs b suspended In
individual casss, done - Tor banking asttutsns II
very easy 70 talk about We necessity on account OF she
eas eosrssrcy Of fsvosng NE banks in their extremity
bat u not % easy u he PRACTICE and 90 our banks will
ind before the lapse OF Gxy days In Of tho pains
and penalties which must DO inflicted upon hs Suspended
bark and Ia view Of Tho ample operation OF the lag
which every court must recognize, look upon pre-
sent lnfson In prices Tor stock secustes and the idea
thai as the public mind regarding the removal OF the
financial pressure OF The most dangerous uove
nents Of the day The banks understand pretty we'll how
they sand with their oredisor and entertain tne
Ious sfpreheDsions The Comptroller may be compelled
70 act 10 The mont summary manner and he may be
PEELED 70 force every bAAk the SsAse int liz aidanon
The AAaisiAnt Treasurer reports to-day ~ follows:
Total receipts, $2e4 26o a.
Psf mehoss. -......................... soSi4st NJ
pssaaco.................. ooAz,ao- do
The receipts include $50 COO from she MINT and she pay
merits inCud~ sec. 600 on California drafts
1he se.nbp Northern Light, at this por. from Aspin.
WALL brinls 664 ECO In California gold and specie from
RavsnA some~hs. larger than reported oy the way
Of Nov orisaas and win give cutie An addition TO oar
specie reserve.
The banks of this city getting their bu1iness Affairs
in little bother shape As they get their plans mA.urea,
they give them publicity In the following shApe:-
TIE AaxaoAs ExCuAsGE BANK.
new York, Oa H. 1857.
the u nst the foo~ing regu atoms viii DO adopted By
tbs ba1s, VIZ -
DepoAts made In specie viii be repaid In specie II rc
qu!Yed
Do calls made baah notss checks will be repaid In
bank poes current In this city, certified CHECKS.
raid in Dsnk notes or ccroed checks COLLECTIONS In other
States vii be paid In the currency received, or IL eqa
vslent
Deposits and collection psper will not be rescyed except
subcs 70 the rules and conditions, until farther
notice. RS OAKLEY, O. snier.
Back or Nsw York.
BANK NEW YoRK, OSt 16, 1857.
Az meeting Of the Board OF Directors, held this day,
unanimously rtsolvcteat during tho suspension
pay bank receive deposits Of specie
and hoa the subject 70 the deDosors drafts In
con JOHN O0rHOUT, Prcaidcnt
Nm B MssKss, Cashier.
Tn CLEARING House IL getting rapidly in order again
Several Of the banks which suspended before general
break down have Into line, and fsw days may
oil the twS which have gone into liquidation again
operation. The balances between the different Institutions
are adjusted BY certificates issued by the Metropolitan
Bank and the g,easess facilities arc Afforded BY the admi.
rsbe syst m and manage neut OF tho Clearing House.
the second BOARD the marked opened and with
out much alteration. fair sm,un. OF business was
transacted, principally FOR caah New York safe IS,
1858, advanced per cent; Harlem Railroad Y; Glove.
land and Pusburg +; Cleveland asd foledo III Chicago
and Rock Isiand, IL; Erie, q: Paccc Sseamshp Com
parry, u; P.nsmA Railroad, l. Milwaukee and Mississippi
RAILROAD declined u per cent; Hudson Railroad, q; I'LL
nois Central Railroad i New York Central y; CAmber.
berlsnd Coal, 4
Adrian II. Auliers regular auction sale oS bonds and
stocks will take psos 70 mrrow Saturday,, hall past
twelve O'Clock, 1t the herohsnts' Exchange.
1hs following the receipts or the Norris Canal Com
pany the ps week and season. compared with the