New-York daily tribune., 1857-09-29


example set them. Ii would certainly be good policy
II 'hen to al these high priced securities, aud invest
II Nsw-iok State Stocks, winch equally SAFE and
yield much larger income.
A circular is in circulation amorg the leading
barks. Of which tie annexed Is a copy:
The undersigned having been csied upon TO give
their opinion regards the effect likely 10 be produced
upon The banks of this city py the supenscn Of the
Institutions Of the LeghborDg cities reply that it is
ifeir decided opinion that the bluks Of the city OF
NewYork are in q safe and secure position and that
they can rot only sustain themselves as specepsyng
banks, but from the natural flow Of coin and produce
to this pont, as common ceht.r, that they will soon
be able furnish further and more efficient aid 70 the
mercantile community
P pHAtsEY' yi: Vice, ,PIs.is.n, d Bank q5 & Nsw-Y"I
s. KNAPP President NechsnicF' Bank
@. hALSTs ., Prs.ideni MsIhA,tan COMPANY
STnhrER PIs,ide9' Bank Of ,f tss ksPsD9e
gE; WILLIAMS: Pre,delt Metropolitan Bank
THOs A BOOTH, President Am. Exchange Bank.
The disturbed stste of the domestic exchanges
continues and the leading houses are refulng to buy
stbo ugh few operations made at very hgh rates.
On Philadelphia, 7al0 y cent, DC. State money is
bought at rs = cent, and Eastern at the rate
The from the East to-day induce many TO fear
general suspension of specie payments. These fears
are confirmed in regard to the Rhode Island Banks,
which bave decided to suspend tomorrow Tuesday,.
dispatch to the evening papers from Boston stated
that the Suffolk had thrown out all Ne<.EHz land
country money. This, however, proved TO be false.
At late hour the Metropolitan received the following
dispatch:
Bosros Sept. %, 1857.
IT, fI. hxfrg 1sf1, Pont
Bills Of the Rhode Island Banks not received. The
rest Of New-England stands firm +. TYLER,
C.shier Of Suffolk Bank.
And the American Exchange Bank received the FOL-
lowing:
BosroS, Sept %, 1857.
.fmerieon E-ehan9e Rank.
Up 10 clock all the New-Engand Banks were
taken tSgnedl j. +. BRIDGE, Ass't Cashier.
The Boston banks close at O'Clock. Earlier in the
day Mr.. Tyler teegrsphed tbs. the Boston banks
would no. suspend unless the New-York banks did.
The American Exchange AMI Metropolitan Banks
ceased receiving Rhode Island money on deposit about
q o'clock. The Banks Of Rhode Island have EN-.
ployed large amounts of their notes at the West,
loaned to railroad contractors, &c, and in the ab-
Of exchange at the West, this currency
is being forced home uncomfortaby fast. The Metro
poan and American Exchange Banks have been
to-day considering the proprety of advancing the rate
OF discount at which New.EDgand money shall be
received on deposit to Ia y cent, but the event of
the coming day two may possibly settle the ques
tion without discussion whether this money shall be
received at all. The street was in q very excited
state to-day, and filed with rumors Of mercantile
failures involving the of many of the strongest
houses in the city, in one instance at least that Of
house which has not note in existence. We traced
nearly all these rumors and found nineterhs of them
utterly false. We hear Of but two established failures
and only one Of them of much importance. The failure
of Messrs. Fo.ters & Co, We understand, was Occa-
soned by outside operations of the senior member Of
the frm Paper continues to be almost entirely
vertble. The rates for what in common times would
be clsssed frstrate, range from to T. cent per
moI.h. Business in the discount houses is almost q.
stand, and parties depending upon the sale of blls
eev able to meet their payments, are forced to make
the most ruinous sacrifices. Loans call almost
obsolete.
The accounts in relation to the Southern Banks are
contradictory. One dispatch says that the Richmond
Banks have gone while another says tba: the Virginia
Banks have decided to go on. The Washington
Ban ks suspended to-day, and we fear the epidemic
will apread southwardly The New-Oreans Banks
are believed to be very strong. They hold six mill
ops and quarter Of specie against eight millions OF
circulation and nine millions and half of deposits
The Black Warrior to-day took $4,000 in doub-
Icons for Havana
The Board Of Brokers to-day extended the time for
which stock contracts may be made TO sixty days
To show the general irmness Of the Dry Goods men,
il may be said, that of $l73,0OO maturing Friday
upon q sale of Bernhard q Hutton not dollar went
to protest.
James s. Sterling Il Co., large house OF Treaton,
jersey, have made an assignment.
Simeon Diapers semi.weekly sale of Stocks and
Bonds will take place tomorrow Tuesday, at the
Merchants Exchange, at l2l O'Clock.
The following sales were made at auction by A. Il.
Ncolay:
5000 low. City Wis., PER cen. BOnd...ssl and int
s2eoo Lexington city Per cent BOnd. aad int
81 ooe La Crosse Mlw RI per cent sond. y and int
soO Loui. City cen. Sinking Fund Bds ssi
ii Es. Pss St?'
Is shares City Bank Of Newly
10 shares Bsni Of North Amerios .soeso
81 shares Leather Manufsctuiers Bsnk..........l rs
go share. PsoP.. Bank
50 shares Union
.hs,s: .hss: Inpsr.I, and ir.ae- Bank
$ share. In pe5teI: and Tr.dsr;,
is shares United States Trust Company.
s sU :S.is Eneh.Ds. B i ;;asi
shares l!'ine Bank.
iN ,hGes 0rocefs panH. ~ ast
shares Mercantile Fire Insurance Company
% shares Home Fire Insurance Company.
70 shares Gsllatin Fire Insurance 20 npsny s6
10 shares Gailatin Fine Insurance Company. ek
shares Continental Fire Insurance C0mp.ny....... "a
10 shsres Harmony Fire Insurance Compsny-.... 9ll
- shares Pheaix Fle Insurance Company
II shares Fire Insurance Company .......
10 shares eelsior Fire Insurance
50 shans Hope Fhc Insurance Company y............ so
Fire Insurance Company
shares New Jersey Railroad and Trans Company..lS
sg7o Atlantic Mutual Insurance Scrip Of 1855. 10
500 Sun Mutual Insurance Scrip Of lS5a...... 4ei
sSe Uuion Mutual Insurance Scrip Of lss. 81!