Weekly Council Bluffs bugle. (Council Bluffs, Iowa) 1857-1860, 1857-10-21


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mesl impllsis seusdsaos I'D hare in
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neeRss Szta apa&ias hays ben forced ~
sssza eos e ssss.yY ssra aad sisy
II tie sounfsT, u . wisA pleasuRss yeas
sxalaasian thaf We sanoaass, tAaa 20
; anzls lailars AAa ossazzsa p ooansi
Biuizss snH a. rs hat oss saspansicA
aaA thas aae - - hslasveis baa tsmpe-
rary. hsannos be daaisas ga BUSINESS
has been suadanly aAeaksd, and Ahas me
improvemsua az sug mir sisy whiah awc
moaahs sines mas progressing with rail-
road speed, u now progressing bus slow-
IL. Notwithstanding Ne pressure and
panic, Ne noaios ssssFal nsw baiidings
have bsen commenced within tia last
week and No are hsppy 3 sasss that she
work an thoss sxtsnsivs bloekas which
asra eOameneed prior % shs great pam
10, In stiH progressing and that they Will
be completed this fall. The trade OF the
city has fallen Cd frum 30 70 10 pen
cent, and chat eco, as the very season
When our merchants we're calculating
upon large trade, and at the very time
when they need shs mess trade in order
10 raise funds 20 msss their paper which
| ID maturing about this kaine. Noswith'
standing the large and unexpected fall
ing OF Of tEads, our merchants still hold
out--not o singis failure has occurred
among thems and zee believe thai evsrJ
house Of any responsibility in thiS city
will stand the pressure, aaa eoEas out o
these trying times, and like gold which
has been tested By zkiilful assaysr
Twill reeaive the ssamp Of public coma
dsnes. The Bank Of Nebraska, Bank o.
FlorsnSs, and Piasae valley Bank, still
continue 10 redeem their issues viii
specie, and from present indications vii
be able 10 weather the 6nAneial storm,
Thia speaks wall for the managers o.
those institutions. In time like thos'
we enjoyed bat three months since, whsl
all was hfe-like and buoyant,--Whsi
speculation was tho order Of the day
for q bank With all its facilities and in
ducemsnts TO enter into speculation, q
stand AlOOf from it, and have its azsir
30 managed as 60 be abEs to stand thl
panic and pressure Of such tlmes a.
1 shese, speaks volumes in favor OK th
prudence and business qualifications o
khosa who have managed the same. VI
believe the run upon the banks Is abou
| over and business win again revive, hu
it will take soma kims hsfore eonhdsne'
| viii be faily restored. Business 10 IN
ersasing with our merchants. they ar
tnow receiving better funds for what saAs'
i thsy do make, than 1t any sims previous
Ifor the last year. Should business inn
msdiately revive and 60 On - hereto
| fore, il viii take al least ak months foi
our merchants and business man TO plae'
themselves on as good footing as the,
were three months since.
In faet we doubt whether We Will b
liable to retrieve our losses before soma
Itims nsxt summer. Winter We may say
| is now upon as, and building must soOl
eeass--msehanics Who now hare stead!
employment must remain idle for thsea
or four months. Had it noe been for thl
pania, and pressure in money aHAirs
buildings would have bean erected ant
Eenelosed in sutkeisnt numbers to kssF
EeuF mechanics all winter IS work in do
ing inside work.
In such times - these, every one Rust
regard the situation Of his naighboE, and
Instead Of pHshiRg him down, assist with
ssia mite in holding him mp. AL that u
lacking 10 maks this Community, and in
facs ahe whole country a. strong 10 ever
10 musual eenhdenee. Not dollar il
chs AeSsYa~&fsz has haRN IfF&f nv all khs
failures and suspension IN the eountry