Weekly Trinity journal., 1857-11-21
ARRIVAL OF THE GOLDEN AGE.
Bank Suspensions. Political News, Bail
rond Accidents, &c.
APPALLING MARINE DISASTER, AND
Loss OF LIFE.

APPALLING MARINE DISASTER, AND
Loss OF LIFE.
F. W. Blake d Co. furnished us on Thursday
evening with a Marysville Express, Extra, con-
tanning telegraphic account of the news by the
Golden Gate, which arrived at San Francisco on
the morning of the 18th inst, bringing 700 pas
sengers. Below is summary of the intelligence
brought by her.
PENNSYLVANIA Observation-Disclosures (Dem.)
majority in the State will be somewhere between
$4,000 and $4,000 over Wlmott (Rep), and as
the entire vote for Hazechurst (Am.) will not
exceed 28,000. Packers majority over both Will
mott and liazlechurst will be about 1000 The
Democratic candidate for Canal Commissioner
and Supreme Court Judge will have about the
same majority as Gen. Packers. The Legisla-
ture is largely Democratic.
OHIO STATE ELECTION.-For Governor-is verv
close. 1t is still uncertain whether Payne or
Chase is elected Governor. The returns foot up,
four counties official and forty reported. Chase,
25.444, Payne, 23497. A despatch to Washing
ton on the eve Of 2lst, states that Payne was
elected. The American vote is very light 20S6
in Hamilton county and probably little more
than ten thousand in the State, where Fillmore
had 1886 The Cincinnati Inquirer gays the
House of Representatives will stand So Dem, As
Rep, and Independent.
counts in regard to the election in this State
the victory being claimed by both parties
The very latest teiegraphic dispatch from Chi
cago. dated Oct 2lst, is rs follows Il think the
! Republicans have carried Minnesota by small
majority"
Iowa yet in doubt-looks favorable for Repub
licans electng their Governor.
TENNEsSEE.-GOv. Isham O. Harris, Dem II -
| l59 Robert liatton. Amer. SO 500
MISSISSIPPI has elected five Democratic Con-
2ressmen.
Financial.
At last advces the New York and Boston
Banks were standing up nobly against the pres
| sure, aud redeemed their bills with specie. They
maintained this ground until Tuesday last, when
the New York Banks suspended and the next
morning the Boston Banks followed their exam
pie. On the part of the Boston Banks the move
ment was rendered necessary by the movement
of the New York Banks. If they had not done
! it they would have their specie all drawn from
them.
The suspension seemed to produce good feel
ing in the mercantile community Bank bills
pass as current, as usual and the public seem to
have confidence in the Banking institutions
They have voted to resume specie payment at the
earliest possible moment and in the meantime it
is expected that they will increase their discount
The prospects for the working classes during
the coming winter are any ything but encouraging
The failures included the Harper Brothers,
Bowen X McNamee, and other heavy houses in
New York. The assets of most of these houses
were much larger than their liabilities. and they
were forced to suspend by the utter impossibllity
OF obtaining accommodation.
On Friday and Saturday. the Illinois Central
and Michigan Central and Erie Railroad went in
! to protest, and made assignments.
There had been serious runs upon some of the
New York and Brooklyn Banks, and two of them
had been compelled to close their doors.
Tha uesit nf thn DoH
road caused great excitement in Wall street.
NEW 1oRK. Oct 13-l0t p. NJ
The Banks have resolved to suspend specie
payments, so far as paying ii over Their counters
is concerned and to make all the regular ex-
changes of each Others bills at the Clearing
House. Also, to s'nd u Comm tt"e to Albany to
confer with the Governor in reference to an ex-
ira sson of the Legislature.
A meeting OF the Associated City Banks was
held on Tuesday evening. Oct 18th, at which
large majority of the Banks were represented.
On motion Of Mr.. Knapp, seconded by Mr.
Durham, the following preamble and resolution
were adopted
WHEREAS, in view of the excitement prevailing
in this community, and the fact of the actual
suspension ola number OF the banks of this city,
RfSoiDed That it is eXpedent that the banks of
this city suspend specie payments to morrow.
On motion of Mr.. Leverdge,
Res0lCed, That II committee of three be appoint
ed 10 proceed 10 Albany ana request tue GOVer-
nor to convene the Legislature to consider the
NECESSITY of enacting some law to give relief in
the present financial emergency.
Messrs. Gileston Dunham and Knapp were
constituted such committee.
frightful catastrophe happened on the Cen
trail Railroad on Thursday evening, about six
miles west of Syracuse. 1t seems that the recent
rains had weakened an Cmhankment at Nine
| Mile Creek, so that when the train came along
it gave way, and the cars were precjpitatcd, one
upon the other, into the stream To add to the
horror OF the scene the mail car caught fire, and
all the mail bags, save one, were destroyed
1t is stated on the authority of the New Or
leans Pcayune, that forty passengers by the I'M
fortunate steamer Central America de
tained in Cuba being prevented from leaving in
consequence of the stringent quarantine regula-
tOns. We hope the statement may prove to be
correct.
The California steamers are in bad luck The
Northern Light, on her last homeward trip, ran
on coral reef three miles from the Island Of Old
Providence, about o'clock in the evening, where
she remained till the next morning when the
tide having risen 10y Grea' eXerton she was eX-
tricated from her p'rilous position.
The steamer Star OF the West, on her outward
passage, encountered a very heavy gale, and was
obliged to throw overheard part of her cargo
She also went ashore the coast of Florida.
where the stuck fast for three hours.
A fire occurred at Chicago on Monday morn
ing, which destroyed property to the amount of
$500 900.
The loss Of the Russian ship lie Port, with
all on board, numbering S25 souls, is one of the
most appalling marine disasters record Of
fetal report states that she was laid on her side
and foundered in few moments There had
been terrible storm on the English coast