New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-10-13
Nyzvy WORK DAILY TRIBUNE TUESDAY, OCTOBER 49, 1857.

N. .,,u. ssn aere.i distress us!e . &c es:isy s
s.sai; ,1.'t ss, ss, Of Tin IL: c.s
III. suspension Of the B.nk OF South Carolina, e.
CHARLESTON. il announced through te.egf.p5ic dis.
| psteh from Augusta.
AT Boston the Money market IL s;I s;reSef, ods
more quiet.
Tie philadelphia Ledger says:
we have no end to the reports of failures and sus-
psrsons Within the last three or four day. severa
Of our largest and heretofore esteemed richest and
most wealthy houses, have gone by the board Amarg
these Is the house Of DavidS Brown one Of the most
yortiry Of Phiadepbia merchants. He breved the
storm noby ard up TO within day or two OF his SUE
pension il was believed he would go through. ne
lad made many severe sacrifices to maintain hs credit
but SURROUND ed or all sides be was by discredi
and subjected to the Of boh sides OF his ledger
there no alternative but TO stop. His properly
is said greatly TO exceed his disabilities, and en-
loving the sympshies Of all classes OF The pub.
lie in an unusual degree, the hope is universal
that sueh an arrangement may be Effected
a. will continue him in his usefulness to his fellows
and to business. He is most worthy man. Tnere
were reports of failures on Saturday of other large
and bighly.esteeLaed houses As some Of these are
not verified there is yet hope that they may not bs
true. As yet We have nothing positive from Harris
burg as to any action by the Legislature In reference
TO the banks. Il is understood that adjourn nen,
will take place this evening or t0-nIorroT morning.,
ard the chances about equal whether anything or
nothing will be DONE aud except as ehecng the exist
H.
apv relief that will come through them 10 overloaded
debtors tha, il ali fudge The banks have nc aid for
their friends and cuscme It VIII require a! 'heH
means and energy T. 10. out fer themselves
The Hartford Erening Press of Saturday says
We are assured that no Injunction has BEN lad
upon the Charter OAK, Exchange and Ieics1tile
BsrBs. Nor has any ~ Jhcsiior therefor been maIe
10 the Com. nor have he banks any notion OF any 20
be made"
The Chicago Tribune of the 9Th ssys:
cit would hardly be proper to say tina, times are
growing better in Chicago In some respects they are
worse in others easier The premium tor gold 10 Ia
creasing. Brokers yesterday charged from Il to 10
g cent TO convert Western currency into CON. Ex-
change il getting neither cheaper nor penuer, ana
Gems TO be growing scaLcer-oeitaiTly dearer. Ihs
price asked and eIacted is truly deplorsble How
TIE hundred for New. York fundsl How can dealer
afford TO give for exchange y cent equal to tho ordi
nary profits Of ira lie, and stand long under the load
Sooner later he must succumb or abandon buslnes'
Thus far the trading class have borne up with re-
mIks able strength end mauiness The list OF Chics-
90 failures and suspensions, compared 10 the whole
number il business, has been insignificant. Bl. how
long the strain can be sustained by many firms toe
future will show. The weaker must 60 70 the wal If
relief does not come in some shape"
The Cincinnati Commercial of the Och says:
The general aspect of affairs to-day indics'ed
slowly improving tendency. The market u pretty
well supplied with New. England Exchangs a, q
cent PREMIUM srd CT the bankers had more than
enough to meet the call made at their counters. In
one or two CAGES we heard of sales of first class checks
at the drawers preferrng to rsk at this rate rather
han run the risk of holding IL the market should
continue to be supplied as well as it was today, cuf-
rent high rates would not, of course, be sustained
Money comparatively speaking continues very scarce
but the market il easier than for two or three weeks
past Three of the leading b,Dkers, VINO are well sup
pied With currency discount irstcllss paper to ;,
moderate extent, and gcod bills are no longer uns2-
able
Tie Missouri Democrat says
" TIE quietness of utter prostration reigns tn cush
ont all financial circles"
The Louisville Journal says:
We understand that the Ohio banks are making
systematic run on our banks through agents at Cin
cnr att They collect all the Kentucky money they
can and Instead of aiding their neghbors ia giving
credit to their currency aud circulating their paper
they employ TO go to all parts OF the sis 70
uotes. Jfihs practice is continued by Ohio We hope
our banks will profit by the example and briag back
Part of the coin distracted iron their vsults by COL
lectiog all notes of the specie paying bsIk OF Ohio
and requiring their immediate redemption in CON-"
The London Times of September 80 quotes as f1-
lows: