New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-09-24

be. al o Os e. 9th. railroad com s1ias Ths sa.I ~
eterc,s, prosperity via be found Ia the d,r.<x,oo -
eccnonlcs! msrss-mcrt Etpenres mus. De rs;div
rduosd and syvteu Ct studied and eoliyhtened eoon
tiny irspgursied ard pursued"
Letters from Pbisdelpbia and Boetoa are rsSAss
eeeer'u!, sshoueh the writers evidently by no assas
conseer the sterm es past The Suffolk Beck q ~
coming stronger ard the redemptous BY the Inferior
tanks are mace with greater promptoess. A. PkaA-
cepSia the esnkssre poor 10 coin but doog every
thing possible for their dealers.
The Indiana from Bremen brings SIS 900 h spsciS.
TIE eatning' OF the S'oningten Railroad in
ASsu:., 1885, 1885, ~srrss....::.......s;sS
D~croe.. t3sei a.
Tie expenditures in August, compared With sss>s
month is.t year. sho~ decrease Of $500 rs.
The earnings OF the Lake Erie and wsbssA Red
for the first two weeks Of September wsrs 90 90.
which is very favorable. For the sams period IL
Illinois Central earned $i0S,OOo. The Milwaukee 81
Mississippi Road for the 6rst ten days Of the roesA
canned 81 600.
The directors of the Hon Bank OF Ihca, Heskin~
County, stme imo ago resolved to close up ts aaalrs
because the business not found to b proatASsA
We understand 40 loss will result to any crsdibers.
late Galera paper Gays Our financial circles VVes
pained to learn that James Carter banker. q GseaA.
had been obliged to suspend. He unOnunAssly kspe
bis account. with the Ohio Life and Trust Conpsn
That concern hsd $4,000 Of his funds d ~ vsua6s
when il failed
The JovrncI of Commerce. adduces the following
rather strong instance Of the tghtness Of the nossy
market:
There is much written and uttered about the iibss.
atty Of the ban ks but those who complain most would
be- pebaps, equally loud in their condemnation esy
trouble should come through want Of prudsooe %
the port Of the institutions. We doubt II any OF ouf
city banks have been as close a. some OF tnetr
si.fer institutions in Philadelphia. Is reported Aas
one bark there became 80 costive that customer,
little uiiated at the picayune policy drew noeo i9e
fc dollars at thirty days. covered It down the bAck
with rst.class Inducements from his fellow sunererv,
pinned To il ten dollar bill Of the same bs.k - eo.
lateral. and then offered 1t for discount This wse
what Jedediah Tompkins would cal h'Hf'"' rsp"d'
The Boston Post says:
1.-THE banks were never stronger than thsy ere 10
day. and some Of them have been steadiiy preparing
10 meet this crisis by strengthening thsmsssvcs U
-pe ce and discountng all they can with due regard -
their meais. Thus, one OF our heaviest osnkA the
Merchants Bank, drew from New-York last week
500 Geo in sp. cie and has discounted to the extsat u
its means. This is what other banks are doing. and
what every bank should do, beyond question. On
Saturday three or four OF the baIk pre,idents oeos
Together and found more cheerful feeling TO exist,
and advised the banks to discount a. literally -
possible.
Nothing is done in Sterling Exchange. The AK
ing price of The best bills drawn 10 order s per cce1
ct retail much lower figure could buy sny coz
siderable sum. Transactions in drawn bills have seen
made as low as per cent
The Precedence Journal Gays;
Yesterday was the most trying day that has been
experis need IN the business of Providence. New: had
been ceived on Saturday evening Of the failure Of
Hacker Lea x Co., and Of John Farnhnum Il 70. q
Philad. lpbis. We did not announce them, a. NO
he pe that the rumor might prove Incorrect. Bat
was unbappily confirmed by later sdvices yesterday.
The psrt.s here that suffer by Hacker, Lee Il Co.
are very strong. :.
"Tte accounts from Boston are more cheering.
general hope is expressed there that the worst over
and that the relief that has been afforded by the more
liberal discounts at he close Of the week, wiz MOI
| turn the balance against the city,
The Cincinnati Gazette sGys:
"Tbe week closes with decidedly improved feed
ing in fl ancia matters compared with last Satuf-
day but money il sri!l very scarce and dear EK-
! change ie in limited supply at . cant prcmun-
"a gentle man who LETT New-fork on Thursday
evening informs that Mr.. Scarborough, of the Trust
Company Investigating Committee, expected ~ losve
on TIE evening for this city, He will doubtless
II axe report 20 the Trust. es on Monday. Our In
foimapt converted with one OF the Committee in New
York but no facts OF Importance communicated,
except that matters very much mixed 10. IL
was remarked, however, that the investigation did
lot afford any TO doubt tho ability Of the Con-
psDy TO pay its debts
Il I'M