New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-10-14
TorypAy, OF 49,. ~


Gig Bsshs b&se been obliged 70 socSsns 70 the
pItfssrs sr CON- Ihisevea. dee ut e5ms ussIpected,
ah1oueh uos; Of The bs.k officers hsve expressed
great ooa6dence n their tbii.y 10 vith:tsad the
storm. There has beea for tins sst psraisest
dram Of Gold by the Withdrawal of depo.t aud this
hss been more rapid AMI exhaustive within the isst
day or tvo The Bank Statement. publhhed this
nornrg wa no, satisfactory and with the failure Of
the East River and BCwery Banks, produced severe
run upon the up.town Banks, which coon extended
10 the Wall street Banks. Some Of the uptown baaks
yieded 10 the pressurs at once and closed their doors
while The downtown institutions held out with two or
thee e1eep ions, Until the stroke Of three relieved
them f.orn the crowds which besieged their doors.
The exceptions we're the Leather Manufacturers and
New York which refused coin but continued 30 certify
checks, aud the ST. NichOls., which closed about
o'clock TIE New-Yerk is one Of tie Oldest, If no.
the oldes. bank, in the city, and the news
Of its stoppage was received q. first with
entire incredibly. The bank has, under legal
advice arranged to go with It's Business to morrow
as usus. Some Of the banks which are repored to
have sustained specie payments, rssorted 10 various
subterfuges to sustsin themselves, which might be
called by harsher nsme. In the hight of the run
between ard 3 o'cO,k Wall street certainly pre-
exhibited there. The walks, doorwsys SDd windows,
we're crowded with eager throng, mostly however,
attracted by curiosity. The bank full of
anxious dealers standing in long lines, awaiting their
turn to reach the paying eers wicket, and to draw
the gold for bills or checks. Exaggerated rumors
flew through the crowd which sErged up aud down
the street. or were perched upon the stoopa Of
the various buildings overlooking the scene. The
result of the run il fully told another page of this
sheet the suspension of 3hteen banks, followed bya
consultation of those remaining standing, although not
mistaken, whether to Suspend or 60 on tomorrow.
At the moment of writing, meeting of the Banks
is in sesson at the Clearing House and we hope to be
able, before we 90 TO press to obtain the result.
The interest OF the street was entirely absorbed
in the bank panic, that mercantile failures attracted
but little attention, although the number Of protests
and extensions must have been very large, yet very
few names have been mentioned. TIE Suck Board,
also, was matter of secondary interest The trans
actions were quite moderate and mostly for cash.
Afer the Second Board, when the impression pre-
vailed that all the city banks would suspend, tho
market for the leading fancies was buoysnt Central
advanced to 80, having opened at 52l, and Reading
went to 49, having opened at %. At the close the
former was So and the latter 32l. The market in
the morning generally lower but the decline
was not material. Orders for 700 shares Of
Rock Island, on buyer sixty at 6OG62,
the cash price being 55 aj6. Only 10 shares of Erie
were sold. Delaware declined TO 10 and Cumberland
to ST. Toledo sold at 20l, de,ine OF y cent, and
Hudson River at 10. Panama sold at 90 in the morn
ing ard jumped to 65 in the afternoon. In Bank
Stocks the sales were moderate and show but little
change from yesterday. Bank of Commerce sold at
20, Metropolitan 81, America Exchange 81, Com
monwealth 90, &c. The sales Of State Stocks con.
tinue 10 be large, amounting to-day to over $3.50 OOO
The market shows small decline, excepting in Missouri
6s. which are better. Jc Railroad Bonds the market
is dull ard irregular. Illinois Central and Erie 1871
are better, while Erie ID mortgage are lower.
The imp,essioa at the close was, that if all the
Barks suspended there would be temporary advance
in the whole list of stocks.
There has been moderate amount Of busness
doing for the Wednesday steamer in Exchange at
about previous rates But few Sterling bills have
cold above psr, but lO2 is asked by some lasdiog
drawers. Tire supply OF bills is large, aud the dis
turbed state Of financial affairs prevents important
transactions. Bpyers feel too uncertain about the
suit Of todsy's work to make large engagements.
FIeights continue dull. To Liverpool the engage
msp,s 2e,C0O bushels Corn at 4! d4]d, in bulk,
ard 1900 bu, bela Wheat at sd, in bags; 1000
bbls. Floor at Is. 3d. Is lO!d. To London, 80
Ipoigo vt 25s.; 90 turs Measurement Goods at 20s
50 tuns on Cake at 9os. To Glasgow, II tuns Whale
foois at 27s. Cd. 500 brls. Flour at 2s o.. ves-
sci Of 65O tuus atout / coo hsds) for Cowes, with
orders for Liverpool Lond1u or Brsmen, vito Sugar,
at 27s. 3D.
The busirs-r # tho Srb. rrss NY was: Receipts,
sl25 6sl Of IL cudirc sloJ 100 -ran,frred from Bos.
tor: payments, So, 40 81 balance, $751;, jl5 fS.
The disbursement. s. ,uld have been much larger but
70, the fact that b, Dowsry Savings Bank received
500 600 hom Wshnato1, in three drafts of $780, 600,
and only used one cf then,
The Artisans AID n-rchsn.s' Exchange Banks
have published cslds ssti that those institutions
are abundsnty able to pay al their debts, and that
they hope room to resune basness.
The following Stocks were cold to-day by Mr.. ORA
per: ,,,-
900 City Of Milwaukee Int .t sddea ~ 81
Milwaukee and Horizon Rh Co 10" saeea 70
A eco Tennessee Int ssdsd o9o2f
% shares Astor Fire Insurance 81
D share. Shoe and Leather
% shares Metropolitan o;I
% shares Confidential Bar
70 shares Nassau Bank H.. g; 81
20 .hares Bank Of Commerce. %
- chars Pacific Mai Steamship 81
20 shrr,s Hanover
;O share, Phenx %
is shares Metropolitan Fire Insurance CO.......' 70
Albert H. Nicolay sold at auction to-day:
ga zoo Milwaukee and Horizon r. Farm Mort % int
CO T MS,assc Sai HORIZON RI i per- cen,
Convertible sinking Fund Bonds ..is gl5 4 int int
sfGoS Nilwsusee City per cent Bond.........O& int
5000 Virginia SAFE per cent Bonds: in.
. ssSSS A Ai'c 1Hs.Is8y i: Sd': Is
Sacramento Cty 10 per cent Bond' .........:..d6f