New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-10-15

W y.
The sufpsnsou 81 epaoe payments by the b,nk, hsd
tie sncipsted r. Ct Of sdvsocieg prices a, the Stock
Bcard There was quite disposition eviooed TO bay
ttcctp beth 90 tine aud for cssh. and the operators
for fall were 10. dspceed 70 put out lines 70 asy er.
tsrt few bundled shsrcs Of New-Yerk Central
were sod, seller thirty. ct IS 1851. and 500 shares
Reading at IS. seller thirty. The advance IN some
stocks was very large although there was during the
DAY some reaction. Al the Second Beard the mNke.
was generally steady, and ster the Board closed
strorg. The brokers had fair amount OF outside
orders to buy but considerable portion of the
men. came from the speculstors in the Bosrd. The
most marked Improvement vas in Virginia IS, which
were g. yesterday, and advanced to-day AZ once to 81
an Improvement of IA cent. State Socks generally
were rot pressed the market, as for several days
past, and all descriptions show an advance.
Missours improved = cent New YORK '''
3 q cent Ohio, y cent, 81. The i'm
proveuert in the leading stocks w@: New-fork
Central, 6 y cent Reading, q cent; Toledo, ~
cent Rock Islard. T. cent Galena, 81 g cent;
Michigan Central, 6 y cent; Michigan Southern, q
cent? Erie Y cert; Delaware 5s, 5 v cent; Hart
ford ard New. Haven, 9 q cent, sc. Illinois Central
Bonds advanced Y cent, and Fries about y cent
The market was unsettled for Sterling Exchanges,
ar quotations nominally higher.
Freghts firmer. To Liverpool the engag smen.s
are: 5000 bbls. Flour at L. lOld 2s 3d. 2 900 BUSH
Grain at sd Sd 500 Green Hides at 20s. To London
700 hhds. Molasses at 25s.; 30 tups Measurement
Goods at 2Os.; 40 bales Peruvian Bark at 25s. To
Glasgow. 500 bbs. Flour at IS. Sd. To Bremen, 20
bbl.. Rum a. 2Ic.; 1000 Hides a. &c. The bark
Regatta with Slaves to Csdz at $25 per NJ. brig Of
400 tuns with Slaves to Cadiz a. about $H.
The business of the Sub Treasury was: Receipts,
s3a. t5l OIL; Payments, $9s S39 10; Balance, $5,75,
So 80 The business it will he seen, Was very light
Tie susreusion Of the Sscretsrys bid TO purchase
Government Stocks will check the business of this
,fice me 40 600 were sent forward today although
i, doubtful IL they will be redeemed.
The excitement Of Wall street has almost entirely
subsided, and matters are assuming their wonted
aspect There are no crowds at the banks, and the
courre adopted by these institutions appears to be
generally received with satisfaction and as under the
circumstances inevitable, although many merchants
ard fipar citrs believe the calamity of suspension
nigh, have been averted by strong and liberal action
upon toe part Of the banks thirty days ego. There il
general sensation of relief in the street, now the
agony lie over, not only among bank officers, but
among their dealers The tension has been extreme
for The last two weeks and the feeling row is that the
wors. has been experienced. and that although we
have yet mach financial difficulty to encounter, yet
that every day now will bring little improvement,
sni so TO the end, when, af er much Equda
tion and compromise and closing up, the
business ard industrial pursuts of the country will be
again on a solid basis, Every one is nov looking
alb, ut i'm 10 see how he best pay his debts, and
With mutual fcrbearance, which is az much needed
LoS by he banks as by the merchants, we shsl no
Doubt srrapge the debts Of the country with fewer
bsuk rupcies than has been generally anticipated The
solv ent Interior banks which have suspended can
row use their circulation in the moving forward the
crops to market aud thus aid most efecually in re-
ewing the f' ancal pressure.
Full details of the position OF the city banks to day
vii be found in another portion of this sheet IL will
be seen that the Chemical Bank continues to pay spe
c;e ard that the Bulls Head paid up to O'Clock to-
Cay. The Chemical is very rich concern. wi n
surpus nearly twice large it, capital and class
Of depostors who could not be tempted TO make run
upon it. Standing alone specie-psyDg bank it
can scarcely venture to do much BUSH ess.
The Shoe ard Ieatt err also paid specie up IN about
O'Clock to-day and then only suspended upon the rep
eenstcrs o. some Of the t'eet banks that they con-
slider, il a breach of faith to the other banks. The
Sooe al L. atber received on deposit to-day Sl7 900
10 gold wtch is more than il paid out
Tie Bal ks this morning fell very generally into the
routine Of receiving city bills ard certified checks on
deposit and certifying checks and paying out notes
some Of the banks were much embarrassed tor back
roies and we understand one bank offered Another
bsnk 500 600 in gold in exchange for an eqn4' amount
Of IL notes. Some bank off GERS made considerable
Off ulty in regard to cert6catiOns Of certain banks
but the matter was arranged. The Clearing House
settlement was not very harmonious. Some OF the
barks decred or were unable TO pay distances in c)n
al threatened to retire from the Clearr ouse fthe
ystem of settling balances In coin was persisted IN
II is posed to modify the rule so as to receive city
bark notes and 10 the OF weak brother certih
cstes Of inde btedress with collateral The meeting OF
the bark officers this evening will probably decide
this question. few Of the strong banks advocs'e
strong measules, but it must be remembered that
mary members of the Clearing. House require leDent
treatment
Since writing the above, we have received the result
of the meeting Of the Banks tonight The measure
which they have adopted will add at orcs some
twenty millions to the value Of our par currency ana
give The nuch.needed facilities to the business of the
country. This measure has been loudly called for By
the public since the crisis commenced, as one cal
custeS to give the grestest amount Of relief bat has
been strenuously resisted by majority of the Banks
until il has been row forced upon them. Inc proceeo
il "a Of the meeting are as follows:
meeting Of Bank Oficers held at the Clearing
House. c o. Halsted. esq in the chair, On Wednes,
dew evening, tie following resolution was aaoPtso
WITHOUT dissent
Rr,d That will take at notes Of banks ~ the ststs
fNerYok secu!ed In the Bank Department at sna
M bin, Of such safety fpd bspss may BE- desen,'ed rom
tmr 10 time deposit from custom only ana Id pay
n ept OF notes our tanks respectively - -, IT,. T.,
IT. n M receive or pay az the Clearing House
surh notes being counted enveloped veg sna
r,e,S on poydsd b. certified By an oacer sp
poi1ted by the Clrs7ing House Associatoh.
A Con mi,tee Of Three was appointed " arrange the
S., liz Of the plan which is 10 60 into operation in