New-York daily tribune., 1858-09-29

s,fek ,raa. hi. anrea-.p,e. Tic Cashier informed
him Of the tea.s shat had been made ID d .''' a..
ha, rnder the aw Of the S.aie an'l lorLiug -lJ -,
irv Aark- 20 consier ~ specie th- h@nncr Nl 10 ,
Boston bard for the redemption ~ theii hi.I-' -
balance held By the Lowell Bank 10 ne bSra ~
Mutual redemption. \ cneck on the Bans ol /" 80
RedeuI,unfo So zoo payable IN specie was men 'eh
dereA tut the nnesseng.r declined receiving X @ayrhg
that he wa NJ. auhoriEed rs take the chocA. ius
passsye II Lowell bills was then hand,l 20 Nui'
which be transferred TO biz c-rpet-bag aEi leh
Tt C0u,er Of the same town -ays:
J. Yesterdays Courier We alluded ~ -he ienhsn
rn,de bv the suffolk Bank agents fr $40 fo -peie
=, r. u-cba-.s. PIX and sYlt-o Il aHcst
Bank Of This city. To-day w briefly CIV result
of their p.r.grip atoms. tt the Wame-t art the
bills were counted the bank promptly teniered the
-ueci. for the amount this the >1olk BARK agents
refused 10 receive tir count oi the BANK Gay pro-
posed ~ take the amount 10 the SGhoiA Dsnk ana
court II there Thi- proposition respectfully de-
cined bv the Wan-i', and the agents oi The money
dictator were informed that the specie must eher Dc
taken At their count counted before TAKEN odt o
the bank Consequently these Gentlemen srt 20 "9fS'
and were enabled 70 count si5Ho before tney EN-
Tley ,hsr.Efre returned with Si50M in specie ard
sI5nO0 in bills A. the Merchants, az. the bis
were counted and found correct, the sane iender oi
specie was made tor the ss,v". Bnt fhrse genie
m.n refused tu n, except on The ouiiuh thht
II be taken by them % the Suf ,lk Bank and there
counted. Toe Merchants Bark i-claed to assent 70
this propossl 0ut offered theui the alternative, either
take the upon their count or count * there A.
TIL. proposition was not satisfactory, the agent,
pocketed their bin. and left The result a. the Lowell
Bank j. given in another paragraph.
Il is stated that parties Vi long experience and skul
in banking, at Boston, and Of unioubtel responsible
are abou, to start baak under he general banking
law. There can be bill. under ths AT but bills
derived from the State, and FOR which the State holds
dollar for dollar of stock security and should banks
under this law choose 10 issue no circulation a. i the
ease with some of the largest NewYook banks under
the general law Of that State they can use the exist
.ng currency and ihus no, adj TO the paper initiation.
At Baltimore the money market Indicates no irnteria
change. All prime paper i readily discounted at bank.
Tie banks generally observe much more precaution
thanu sual in discountng dnrrg IN easy money mar
ket and this viii tell most fayOraby should ;shtness
ensue.
~ Chicago money matters have no; materially al
tered except that a little more uc witty l. the result Of
increased shipments. Eastern funds continue to flow,
and conduce materially to the easy condition of the
money market. Fir.t-class paper, produce, or real
estate is readily placed al 10 t cant by bankers, and
lOd2O T. cent by brokers.
TIE Neu. orleans Cresoen, Of the 23d SAYS:
The money market moves along quietly. There
was some little increase in the amount Of offerings
with the banks. which only denotes that business be-
| gins to move Notwithstanding the sickness. The
/ weather j. all that can be- desired for the growing
crops aud though it IS the time II the equinox, there
were no signs to-day Indicative of.a storm. We may,
have in former years, pass the equinox without
any devastating storms of wind and ram Inc great
hurricane the coast in lSjJ was on the 10Th sep
tsmber. The great which destroyed Last Island
occurred the 10Th August lSJ6. So II appears I" =
are passing the epoch without any inghtiul destruc-
/ tion and ravages The great hurricane in the year
| 1872 on the 10Th August. Though II cannot be
fdretold what day may bring forth, yet there are
good suppositions that may escape the disastrous
| visitation of an equnoyal storm.
kprq i natl udl of ~
matter of the Brighton Bank delalca,ion The exact
amount taken is not known, statements making
II r. high a. go 100. In the matter il adjusted
10 the satisfaction of the Directors il is stated Mr..
Woodwork will leave for the West, which he has
long contemplated making his future residence. The
Brighton Gazette gives the following version Of the
affair:
/ A few days since the President Of the Bank S. II.
Bennett esq, received inquiry from the President
of the Faneuil Hall Bank whether he should furnish
Mr.. W0odworth with so 900 on New-Yurk on ac-
count of the Bank of Brighton. He at refused,
saying If they did it it ct their own risk. Mr..
Bennett then informed that they had alrea ady let
him have.sie amount. TINS led to investigation
and to the conie sion by Mr.. WOodworh that he had
FOR four years been approprating the funds Of the
Bank To his use, for speculation and other pur
poses. He had purchased very beautiful house In
Brighton, the land of which be had cultivated with
charming taste at an expense of some s5,000, had
furnished II in a very handsome manner, had gone
into house building to considerable extent though
the business conducted under the name Of
another person, had loaned money to individuals
gagged in unsuccessful business aud had appropriated
money to other that had not transpred, one of
which. however, he Confessed to be the subscr pton
of 900 toward the erection Of Baptism Church
| oi which he was member. He also kept valuable
horse. The amount Of the deialcation Is not known,
but IT viii probably come up To nearly $iDuJO, which
| il is believed viii be fully saved 10 the Bank. Upon
his discovery, he Immediately sold his house for
$4,000, upon which there was mort gage Oi 8 ,OJ
and paid the balance 10 tb~ Bank. after releasing the
mortgage.
He also disposed Of stocks that he held Of the Su
| folk Mills the proceeds Of which he appropriated 10
the purpose. He has manifested the utmost con-
that u. bank shall be- no loser by him, and Hvows
his will and determination to pay every cent, II tney
will only grant him time. There is every disposition
the part of the Directors 10 be lenient - him, on
account of the peculiar circumstances attending the
transaction the offender having previously sustained
good character, and accOuG; OF bis iauy, con-
ssting of wife and two children. He has been re-
markably capable officer Of the bank, and has
given universal satisfaction in the station he ned
He has been in the bank for quite number of years
as Teller under the Presidency of Ehphalet BALDWIN,
esq, who, upon leaving the bank, recommended Mr.
Woodwork 10 the Csshiershp then vacart. H. was
accordingly employed and more salary paid him than
any one had received before in the same situation.
Mr.. Woodworth was generally esteemed, and his
error, crime, has filed his friends with surprise and
pain. He is regarded by them unfortunate rather
than wilfully criminal, and many of them willing
~ extend 10 him a helping hand. lie j. held IN tenn
porary restraint 10y the Directors Such the facts
IN the case elected this afternoon from those VINO
have the best To- know though the opinion Of
the public will not, perhaps, be lenent toward the
defaulter
The following is translated extract from Marie &
Kanz's circular:
Our advice. dated 2th inst. For he four sub.e
the stock with exceptions remained