New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-12-01
.......lI.I69 10


Toledo Ralrced Company, held this day, John
Gardiner esq, wss unanimously elected Prssdent, Id
place Of j.. Is. Wsring,. deceased
TIE Howard Fro INSURANCE Company has declared
dividend of 10 per cent, payable December 49,. The
bonds of tae New-Yorh and New Haven Railroad, due
December 1, 1860. will Be paid at the Compsnys
Office corner Of Fourth avenue and Twenty seventh
street. The December coupons will be paid 1t the
Bank of the Republic. The coupons on the bon<s Of
the Buffalo, NewYork and Ere Road, dne LIST Deem
Der, will be pad at the Bank Of Commerce The Bank
Of Commerce will also pay tomorrow the interest On
the County debt Of St. Louis and also $50, 900 81
principal. The interest the STATE debtof Missouri
viii be promptly paid, the suspended banks ut 81 LOUIS
having agreed TO furnish sufficient amount Of coin 30
that the Treasurer will not be forcedto buy Exchange
~ the present high rate per cent. The telegraph
the suspension Of the Charleston and St
Louis banks bu, no important effect has been produced
here Tho action Of banks last week prevents any
excitement following the announcement Of bank
pensions elsewhere. One dispatch from st. Louis
states that the Mechanics Bank, which went through
the crisis Of 1857 has suspended bu. another states
that all the banks have suspended The business Of
the Clearing House was 81 o5S,000. Tomorrow the
resolution Of the Clearing House practically expeiing
the Chemical Bank from that bedy GOES into effect.
Since our last about 1903 900 in gold has been received
from Havana. much larger amount we understand
is coming The following is the official action of the
New-York Clearinghouse In the case of the Chemical
Bank ,
eisfo the business community In time OF greet ss
have adopted agreent for mutus supposnd protec-
compshed yielded advensss position any Of
them may have possessed the osrs and whoess hs
tie City q New with The single exception d.he Chemical
In the arising saopted sud whereas
this in Its practical operations Affects the details OF
noying and ,hsre Is o6on Of
duty which has moved the greet body Of bank officers IN TINS
trying emergency which does rot bear equally upon the bank In
e.eem, proper Official respect requires ths after ow ing
thar bank time for further CONTRIBUTION sho I'D nness they
business and we therefore sve saturday the t day
of December bank which Is party 10 the agreement
I drawn pe the cS 5 B md
that bas will be collected by either Of Us through the Clearing
Rs.s Ths, .,cpy Of I'D. p,sape end resolution be sent
BY the Secretary 70 the chsufsal BAN n yoovpy s
There is no important change in money mattsrs to-
day. The banks have discounted literally much be-
yond their receipts antin the circle Of bank 3saIes
there is.consiJerable relief. In the street however,
there lie still af uneasy feeling and the old buyers Of
paper Keep out VI incb ~
evident drug. Of the events Of the coming month and
an unwlingness the part of capitalists to risk their
money on mercantile credit. It ia useless 10 ignore
the fact that few weeks may bring Is to q
crisis when the wlole fabric Of bank ana COM
mereial crsii. will become r wreck. We do
not anticipate such 3 result, but we cans scarce
" wonder that Of means should move with
great caut0n, sho1d keep their money in hand
rather than risk it in mercantile psper. Tho Banks
have large consistency to whom they must afford
facilities or bring ABOUT general suspension, in which
they would share. In expansion there Is commcr
safety but with the individual buyer of paper there ii
no such obligation and only in the theory that capitol
lists are boarding funds have Invested in stocks
any reasonable explanation be formed of'she present
stsgpation in the open market for paper.
We annex q comparative statement of the Imports o.
foregndry goods ut NevYork for the week, and shce
Jan. I:
For he Hs.S tA5S.. 1850 1850
Raterpd AZ the Par.... 81. 2eo $Ia&i.3 Siync %
Throa,n on nsrkst..... i.1osl6o lao TH ~, aOS