The press. (Philadelphia [Pa.]) 1857-1880, September 26, 1857, Image 2

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"i'.t,>.' * » beautiful origi-
J • nal Poem onCaptalu' Hebxdost Correspond
.., epee;;Cowinupisati.oßSi .popprt of .Mr. WADs-
lldBiwinesj »nd.A;.otiinl
‘ .-T '\' ‘ r -‘ ''■ 'w.'l - ‘ j i ;
- reached Wlieatland, his-Lari
'castOTCoqtttyjiome, on evening;in
r flnediiaaltfii VHe exjccftdtd’spend'three days
among his old and to return 1 to
- ~. . ’
'Wo are informed, upon the; authority of a
gentleman, President of one of the citybanks,
that ho whs deputed at a 'full jneetitig ;of the;
, Presidents of all the. hanks' of Philadelphia,
held yesterday aitornooh, to'- inform the public
prees that they had uha»iim6usly agreed to re
,, cqmmond tothoir respective boards, this niorii
;< iag, atemporary suspension of specie payments j
- and also that another meeting will be held
afternoon hy the same.officers,,tp (devise
. such further means as the exigency may dp-,
inand. 1
; Deeply aawe regret thatjthe tanks havecon
v ciudednpph suspension, andstoadUy as we tare
riahored to produce a better state of tilings,! we
have new. duties to discharge, to ourselves,’our’
fellow-men, and onr great city and 'Sthte.
’Theflrstcftheso duties, is to see that no harm
. comes to bur great producing classes—tn tlio
farmers, mechanics, and laborers—and, test,
hot least, to those energetic’ and public-spir-'
itc-d merchants, wh’okavo bravely stemmed
the, torrent which set against ‘ our' Institutions
and .interests from'Koir York, New-Engian’d,
.. andtheTTcsti ‘The men who are rarely par
ties-to the profits'of bahks, bat who always
bear; ;the- burden Vof a general bankruptcy,
: demand our.utmost solicitude. 1 Bosk measures
viiuiiqrtii them moil. The banks, are silll in a
condition to ihflict injury upon the communl
i ty, and, while- many/of those who have en
joyed the favors -of- these iristltutions will
the,, blow, yet it will faii heavily upon
■ those’who have been toiling in their - humble
avocations, content With the scanty rewards of
honest industry. 'Let ns bear this leading fhct
in ourminds iri,the course:of. our action upon
.the present’emergency.; - ' :
; : ’Wo, are glad .to know that several of the
. leading bankshave resolved to take- immediate
stops preparatory to resumption. When,we
reflect that all the great interests of agriculture
- aro in a condition of prosperity. We cannot bnt
hopethatthe present gloom will pasa’off in a
comparatively short time.! and when .we re
, member the stringent laws, against suspension,-
wo may realize that it is the true interest; of
every hank to tako stops to resume specio pay?
.ments'fiefbre the law has had time to,operate.
, Meanwhile, frjenda, be of good.oheer I,- ,Do
not give -way to inconsiderate action. Bear
. and forbear. This la no time. for violent im
pnises. ■; ■
; . "Wo leatu that the Presidents of: several of
./ the banks of. this city haye expressed a deter
mination to do all in theirpower to bring about
'tf generaV resdmptioh .of /tipecie payments) at
, an; egrly'day. t JTe hofo, they may succeed;,
But whatever may-bo their general-policy ,:wo
1 earnestly insist that immediate Measures: bo'
‘taken to .'tcdeenV,;in species ijl their <hbfes of.
. smail iionommations—certainly aU their five,
. and if possible,'all their 1 ten doliarbllls. The
suspension ought notyunderany,circumstances,
' to,extend to small notes, and there ia no neces
. sitythatit stioulddoso.: Before the run upon the
'. tanks yesterday, the amount of specie ih their
vaultsi,wiishtarly,,if not‘.quite,’..equal itutheir
circulation. The former was about $8,600,000,
and thejatter about*. $4,000,000. But yeater-.
■ day uoarly 51,500,000 of speeib was drawn from
, them, a large portion of which-was received by
depositors, who had about $20,000,000 in.the
continuation of a drain upon them,
of specie, bydopositors, wontdapeedilyexhaußt
their, resources. Bat the policy of our existing
hanking-taa discriminates their. oW
V ligatlonto redeemm’ specie ; thelr notes and
the balances dne to depositors, and while there
. are in business circles many men who: regard
' the late, movement of the hanks as a measure
Of relief, and Who anticipate from it rather
- benefit than injury,' there is no such feeling to
console thopoathody of note-holders, particu
larly.thosQWho havesmall notesof ssor $lO,
which are the fruits-of their hard labors,- and
who canjl! afford to.baro;them,,even for a
. short . time, discredited. ' Let such persons,
. therefore, be protected. It caa cause:Uo very
serious difficulty to the tanks to redeem their
small notes, and whether, it does or not; their
first duty is due .to their small .note-holders,
who never receive their.fivers, who' cannot
afford, and should not be called upon, ,to bear
their losses. Those who hold
notes of large denominations can better wait
for tho general resmuption, which, wo hope,
wifi take place at an early day, but wq protest
'ag’aihst the laboring men, the meetanica, the
- toiling masses who cam' their bread by the
. ■ sweat of their brows, being obliged to' bear the
■ brant of existing 'ff'e are satisfied,
too, that to business men generally tho redemp
. tion of small notes in specio would be.ahighly
- acceptable movement, apd that It would, great
ly tend to diminish’, the distress and pressure
. - which will- be the necessary, consequence of
. the present unfortonate..condition of. onr moi
. hetarjr affairs.. V. ‘ |
, .The Professorship of Natural Philosophy, in
. tietfilueraltyof .GlMgoyy,, (Scotland,) lately
became vacant.; Candidates were duly adver
tised for. A great mAny qualified' persons.
. sent liv tlietr applications apd testimonials.
Among them was Professor the
United States, who had the' honor of- being
elected, on the principle too long neglected
every whore, but particularly in Great Britain,
of putting «the right man in the right place.”
;His being an American.wai no barrier to the
, lecogiiition df,hismerit. ' •
Professor : Rooisa: .was present at the recent
/ !jiiD&nj£' mehttij&’of tho{ British Association
for the Advancement of Science, held in Dub
lin, in the early partofthe present month.
The University of Dublin; which is particularly
chary, in the distribution of its honors, con
ferred the degroo of D.octo‘r of. Laws upon
few persons on that occasion, and Professor
one of the 'recijjionts; On the
Otb inst.j by speclab invitation, ho was one of
•the members of the British Association,'who
visited the Earl of Rossis, at Birr Castle, Par
’■ Sonstown; aqd. egamined the. Monster; Tele
■V graph, which Is at - once- one of the heieitifle'
' ,wonilers and tritunphs of the ago. v " ■'
! This election- of- an Amerlcai'scholar. to a
Chair in ono of the great -European Universi
ties,'abowßf-a- fine. Catholic spirit of fairness,
which, wo rbjbice to.-say,iis f ,thieiliii.'Of our
own previous'conduct W thisreaped,r~ South'
Carolina and jfpw Vorh' ,liad ‘previously called
.pr< FBANCts LiEiiEii, a Prussian,- to Profqs
; sorslilps ,1b . tlietr.- .Universities,- and Lotus
• Aoassk, the eminent French naturalist, has
siicCessivijly been Professor, at Harvard Col
lege; aid thi Uniyerdity’ of Charlqßton.; Know
ledge.has its birthplace In. heaven; dfaws'its
’nobility from God, and; has its abiding place
in no particular locality, but the world.' ',
THE ton IKEiSSBB. • ;
; There Is a report -Chat the Boston Submarine
Armor Company have sent proposals to the
; underwriters of ..the CmlraLjAmerical Offering
to raise the hull of that ill-fated steamer, with
v' ; ia view. pf recovering the sl,6oo,ooo,which she
■ had on freight. The schooner, Eldonulo,
' 'which arrived; at Boston oh Thursday, and saw
~ the lights ~pf'the,C iniral America, disappear,
at; a quarter to 8 o'clock IJ.1 J . H.,-on the 12th;
:, lnsfohtf&res '(he locality with great precision,'
- and,‘indeed, is-believed, to hayo.bad,tbat..p,o
’sltloh from Captain Heendox himself, an hour
anC|K9an.Mnhhss; a 'beforo' t% - went
■ *-; down. 1 - The wrack Is supposed to. be tn twenty-,
Mr. Smuhew Oaid
. ,wpnh' (the.rescued passenger,
lng account we exclusively published on Tues
i 'vday); infOrmed' ns' that/ 'ahortly; before the
- steamer wont they vainly attempted to
"<• taUeaonndihgsi^ : > 1
, f- Siocxtosr, {mbiieherof the Bible
; . :: i!n Bep«raW ; ft'tirai>6nj, iB to fie»«h' inJeyno'e
Afejtttil/ end'' eeenjitgi > a The jer
=:a!:lnf fifjfi&w . Jd»®B
In New York, this week; Judge Bossstn sen
tenced a man named HenmiOhan, convicted of
highway robbery to;the valilo Of Five Dollars,
to bo impriaoncd .in. the State Prison for
Foetv xeabs. On th!s ;sCvero senicnee an
arithmetical question might be’put,‘rrdf Hem
higiian gets forty years‘for rdSiing:a man of
five dollars, what oiight thtayo boen fluaxiso
dom’s sentence' for forging to the extent of
millions i
Is the small rogue to be hardly dealt with,
and the great one treated leniently? Hkn-
NWHAEj git ignorant Irishman of 21, steals five
dollars, and knock! V inaii down to got it.
HmTiHoi>ox,‘a highly educated and well con
nected “down cast" speculator, commits for
igqries and frauds to the amount of millions.
Henniqiian has Foarr years to spend ore his
crime is expiated, (if he does not die orbecomo
mad long' before,) but Huktikqdoh, even if
hfe does not receive a free pardon long before,
has only Five years to serve. It is better,
therefore, to forge, than to rob. The taking
$6, with violence, is voted brutal and vulgar—
but there is something genteel, if not aristo
cratic, in sitting quietly down in an office,
cigar in month, forging signatures to bills,
notos, and acceptances, getting money on
them from the shaving-brokers of Widl street,
and living en prince 1 on the cash, as a “fast
man," rospected and respectable, hecauso he
had a Fifth'Avenue mansion, luxuriously frir
nished, kept a fine stud, duly sent his wifq to
Saratoga with a full purso and fancy wardrobe
which thebrightEnOEmE might view with envy,
•honorodanotherlady or two With his protection
'(and' p'ursey-in other sumptuous dwellings,
and-went in, generally, for things pleasant,
comfortable, and luxurious. Fifth Avenue
greatly , grieved when Huhtingbon was sen
tenced, .to , his, Fivo. years, and admiringly
talked over the gigantic extent of his “ specu
lations.” Five Points may have dropped a
tear over Heseiohah’s Forty years, and ex
claimed, “It is always our luck. The big
roghes get the least punishment.”
The trial of the pqbr.flve-dollar thief excited
no interest. The Court was crowded when the
Which, by tho.way, he was, not,, for he sat next
his counsel, andno stranger could have guessed,
from the way he boro himself, and the respect
Odth which he was treated; that he was on trial.
The poor thief’s counsel did his dnty, no doubt,
bnt the flashy forger’s' legal advisers ingeni
ously argued that for his whole career, “in
financial operations,” (as they delicately called
his forgeries,) he was not legally or morally
accountable, inasmuch as it was foolish to com
mit crime, and the: reckless manner in which
he had done it clearly showed a diseased and
disordered state of mind; Absurd as this pro
position was, it evidently had woight with the
jury. By the Judge, it was properly received
with contemptuous disbelief.
At the, end of his Five years, (if not par
doned before,) Huntmodoe will issue from
Sing-Sing, still a young man, and as likely as
not to resume “ financial operations ” among
his old Wall-street associates. At the end of bis
Forty years, 1 Hessiohak will be released from
(bo same prison,’(if he' live'through the frill
term of his sentence,).and comeback on ther
world) an aged,'broken, wretched, isolated
man, and . helpless, who would even re
gret-the food and shelter and safety of tho
gaol he had left.-
Seems it-not as if thero -really was one
measure of justice for the poor and another
for the'rich? Surely, this remarkable in
stance of unequal. punishment ought not
oscapo the notice of the press and the govern
ing authorities of New York.,
- In elections to important public offices, and
especially those of ari executive character, it
is unfortunately too common to pay little re
gard, to the qualification)' of ihe candidates.
Mire <<talent,i’ in the broad .sense of tho term,
will not always secure an efficient and profita
ble discharge of duty. Exporienco in, and
adSptatlon to, the partioular.duty to be perform
ed, are requisites to success -in any prominent
public position.- v
This; period of great flnanbial difficulty in
our commercial metropolis is a fitting time to
reflect ,qpon tho grave importance of selecting
an experienced and competent statesman for
cmefExecßtrvßof-nie:Stato—-one-achooledin 1
the business of . State affairs, familiar .with its
legislation and its wants. . The Democratic
party presents Gen; Whliah F. Fackeu, of
Lycoming, who has served, the State os Audjf
tor-General, Cahal Commissioner, Speaker o|
the House of Representatives, Senator, &c.,
aolf not only to the satisfaction of his party,
in bach of which positions he bos acquitted him
but to the whole people. Ho fault is now
found by any of our people with his discharge
of duty in any of these positions, experience
in either of which would go far to fit him for
the position of Chitif Executivo; nor will his
general talent and ability be. denied. Ho is,
then, palpably a proper man for the position—
Bach an one as will give confidence in the
Government,-.which is always precedent to
steady confidence in general business opera
tions. Again we say that this period of panic,
confusion, and distrust; is a marvellously pro
per timo to' think of these troths and to act
upon them. , 1
, Neither of the opposition candidates : has
the experience, and hence not the peculiar flt
nessand competency, to discharge the duties
pertaining to tho office of Governor in such
manner as to restore and maintain public con
fidence. Judge Wit Moria a mere sectional
agitator, whose election upon such grounds,
combined with hia Want of knowledge of State
'affairs, would only aggravate the great evils
)fhjch,}iqw., .oppress , tho .communityi and Mr.
HAZLEHonsi’sprospecta of election are hot of
a' character to require remark. Our business
men will net fail to appreciate the conse
quences upon business of the election of a
mete agitator to the chief office in tho State.
With subh a result, there could be no rational
hope of a return of business confidence.
, The accounts from Philadelphia to-day, of trtrable
withtkoßank of .Pennsylvania, again served to
throw a eloud over themarkefc bare, and to oheok
returning, confidence. The advices from the East
are better *, tho banka. m© • becoming stronger, and
all feeling of panlo seems to have subsided; but the
increasing strength there is. in some degree, at the
expense .of New York, since it is derived from
Sales of paper at : high rates. Nevertheless, the
payments from the country continue good, and the
dry goods payments, thus far matured, are made
with great promptness. Of tbo long list of failures
paraded this week, qneonly is a dry goods house,
and it Is offset by tho resumption of another pre
viously reported.
Tho pressure upon the redeeming banks in New
York has becomes much diminished as to allow a
resumptionof the regular employment in discounts
of tho bank means, and regular dealers now pass
their paper with more regularity.
Tho failure of the Bank of Pennsylvania here
has caused all. Philadelphia money to sell at 5 per
cent, discount in the street, and, os a consoquenco,
the htotropolitan and other redeeming banks re
fuse it.- This is not the ooso with bank-money—
that has a tangible security, like the'New York
State, and some of the. Western banks, wbioh aro
always taken without reference to the oonditition
of the issuing bank, since .the Security is pro
vided for independently. Honey, so sccurod is
virtually government money, since it Is based on
the State credits; and/wore all the States to adopt
that system, wo should approach as nearly to a
“national carrenoy” as is possible to do.. Penn
sylvania has not adopted that system, and, as a
consequence, js' exposed, in a moment of discredit
like the present, to sustaiq a circulating panio. If
the bills of the,Philadelphia banks were amply
secured'on Pennsylvania stocks, the circulation
would now offer no embarrassment either to the
banks or tbo community. ’ Thus, ; whon tbo Me
chanics* Banking Association failed, its circulation
in this city was $200,000, scoured ott New York
stocks; ft did not cease to circulate at par for a
moment; it was taken up by other banks, returned
in course of business to the bank department, its
securities disposed of, with the bills cancelled,
Without attracting any attention. On the other
hand, the discredit of the, .Bank of Pennsylvania
causes all Philadelphia money to sell at flvo per
cent, discount, -This will be rapidly gathered
up by brokers, and sent baok upon the issuing
institutions, at, an inopportune inomont. The
quantity hero is not probably largo enough’to
create any serious difficulty. The condition of
the Bank of Pennsylvania is considered an ex*
oeptJonat one, and doea not give rise to serious
forebodings, but Indicates the source of the trouble
that Philadelphia merchants are encountering.
Experience seems to show thatdaily “ clearings,”
oh prompt'settlements ef balances, with secured
notes and weekly, publications, although they may
seem to bo r onerous conditions . for tbo time,
are, after all, very necessary, as well for tho
safety .of the banks themselves, os for tbo secu
rity. of the public. Where daily settlements of
balanced are enforced vigorously in specie, it
becomes impossible for any bank long to employ
its means outside of its regular business, because
u».Wv»M»b *# o<w
manding the means to keep its settlement good.
It is this enforcing settlement that constitutes
tho safety and excellence of tho New England Suf
folk system. In the six Now. England States oacli
bank can tssuo as mnoh as is absolutely required
for the’currency of its neighborhood Every sur
plus dollar beyond that amount goes to Boston for
redemption. Each hank is. there requirod to keep
$3,000 on deposit with the Suffolk, and to redeem
promptly all Its bills which aro presented. It bo
oomes a neeesslty,thorcforo, to provide Boston funds,
and particularly bills of other banka. Henoo ouch
tank in Now England vigilantly employed tho
whole timo in running all other banks to protect
itself. It follows that ovory dollar issuod for ony
other purpose than regular business, oomes back
to tho issuing bank promptly for speoio. Honoo
panlo can never drivo tho bills any faster, or im
poso any extra strain upon tho banks. The
clearing system of Now Tork operates in a
similar way on tho city banks, hut tho ooun
try . circulation, although woll seoured, is not
subjeot to that continual rivalry, but spreads
moro froely into circulation at tbo will of
tho issuers. Honoo panlo will drivo it rapidly
book in timo of pressure, oalling for an immonse
additional oapital to operate tho redemption. It
would soom, therefore, that os far as steadiness of
onrronoy goes, tho New England plan is tho host,
although it is by no means moro sate than tho Now
York system. Pennsylvania has continued on tho
old plan without any mutual ohook, oithor upon
tho circulation or the dlsoonnts, oontontlng horsclf
with a law prohibiting all bills bolow five dollars;
and this has no doubt given her a larger speoio circu
lation, while tho prohibition of tho bills of tho banks
other States prevents any oloim upon othor States
.by.rqturning them. That the Bank of Pennsylva
nia may have been involved in irregular loans for
want of some system of prompt oloaring is very pos.
sible; but tho gonoral character of Philadelphia
business oannot he regarded with distrust, al
though all dealers suffer from tho rebound from an
imprudent expansion.
night this oonoert took placo, at tho Uusioal Fund
Hall. Outside ooourronoos evidently had iittlo in
fiuonoe on this occasion, for tho attondaneo was
very good. Tho performers, instrumental and
vooal, fully maintained their high reputation ; in
dood Signor Booco has increased his as a buffo
singor, first, by an amusing non-desoript song, "Tho
Dram,” composed by himsolf; and next, in a vory
dramatia duett, (ono of Rossini’s,) with Madame
D’Angri. This lady was onoorod in a song of Doni
sottl’s, and for tho repoat, gavo a sort of rataplan,
rattling song, which was now to us. Sha gave ono
of Paoiui’s beautiful arms, with her usual oloar ar
tloulation, displaying tho power of her voloo.
But wo must turn to tho instrumentalists.
Thalberg is perhaps tho best pianist in tho world.
At the ago of fifteen, ho became a pupil of Hum
mel, tho most conscientious of instructors, who
novor would ho bored with a dull pupil, and at
tached himself, liko a father, to a bright ono.
Baring the threo years of his instruction to Thal
berg, bo always propheoiod great snooess. In
1830, at the ago of oighteon, Thalborg first played
in London, whoro ho was considered as a youth of
muoh promise. He did not nppoar beforo a Parisian
audienoe until 1835—being thon in his twenty
fourth year. Wo may mention that Sigismund
Thalborg was bom at Goneva, in Switzerland,
January 7,1812, and is therofore dosing his forty
sixth year.
From the first ho won tho applauso of tho diffi
cult oritios of Paris. There was something in his
sympathetic touch," as it has boon called, which
mado the piano vory difforont under his fingers to
what it had been, ero his advent, with most play,
ers. He is a musieian, by physical ns well as men
tal organization. He doos all hut mako tho in
strument speak. As a composer, ho is head and
founder of his own school,—his only error Is,
tho frequent difficulty of his plooes, from not
considering that what is faotio to him may ho
a mountain in tho way of othors. His variations
are wonderful. You never lose sight of tho origi
nal air all thtough—it seems to float on tho waves
of musio, which, with amight liko that of Proapero
in tho Enohahtod Island, ho stills or agitates at
This was evidenced in every thing of this descrip
tion ho playod last night—in tho variations on tho
musio from “Massanidloj” or that delicious air
from “ L’Elisor d’Amore,” and on what ho sub
stituted, on tho encore, viz; " Tho Last Roso of
Bummer,” and thoseronado from “ Don Pasqualo.”
As we saw hoto he played last night, (and as he
always plays), we could not help thinking how
much he differed from multitudes of performers,
professional as well as amateurs, who bang and
batter tho koys as if they were determined to
heat melody out of them. How quiet, how grave,
how easy did ho play—and how wonderfully woll!
Yiouxtomps, as a violinist, Is vory highly esti
mated in Europe. At no time was bo equsl to
i?aganlni.' Bnt, at this moment, he is equal to
Ernst—and that is saying a great deal. iVo aro
strong in violinists in this country, at present—
amonit sthorj, .Josonh Burke and.Jlsnrr..AWJ-
Vienxtempa, therefore, ploys in Amorica before an
aiidlenoo who can appreciate him.
Last night, in less than fire minutes, he im
pressed his nndlenoo with the convlotion thatfho
has honestly won his high fomo. His most popu
lar piece was a fantasia of his own from “I Lorn
hardi," hismostartistioal—wondorfnlly effeotivo—
was Paganini's “ Witobos’ Dahoo.” Ho was en
cored in the oourse of the evening, and, like tho
others, gave variety to the performance by substi
tuting another piece.
Madame D’Angri, a charming singor, has bean
for some timo on this side of tho Atlantio, and bos
gained "a fall grove of laurels.” With the ox*
ooption of Sontag, no vocalist has over boon so
popular os D’Angri, not only in good Amorioan
society, bnt with her sndioneos. And what a
splendid voloo, what a delightful manner, what
skilful execution. How her oyes kavo utterance—
glanoos aro very eloquent, at times—as well as her
sweet lips. How gracefully sha acknowledges the
applause, and half bashfully smites around, as if
to show how happy it has mado her. Of oourso.
What the dew or rain Is to tho flower or plant,
applause (in tho proper plaoo) is to tho public per
forator, whether actor, vocalist, or musician.
Signor Rocco, we think, oamo to this country in
tho Sontag troupe . Ho is “ a fellow of infinite
wit and humoT” —at loast, no ono could sing as ho
does without a lively approoiation of gaioty, hu
mor, and harmony.
The second conoort will ho given this ovoning,
and tho merits of tho artists will oortainly draw a
largo house.
At nine o’clock last evening tho New York
hanks, as we are well informed, apprised the
hanks of Philadelphia, of their determination
to'assist them by an advance of a largo amount
of specie ? and it is not an unlikely event that
when tho Presidents meet their respective
boards this morning, tho measure of suspen
sion by our banks may bo abandoned. This
timely aid reflects high credit upon our neigh
bor-city, and is a lit response to the self-sacri
ficing spirit which induced our merchants to
meet the demands of their New York creditors
during the jtffot three weeks.
Yesterday wo laid before our readers full
details of tho important news brought from
California by tho Hi-fated Central America ,
and rescued, from tho wreck by i( Billy
Birch,” tho minßtrol, thus enabling << The
Press” to givo the only intelligence from tho
Golden State. No other paper had tho
The Cincinnati Gomm-frctal of the 23d statos that
on Tuesday last, a Mt. T. Dobbs, formerly of Hoi*
lidayebarg, Pa., arrived- In this city, and took
lodgings at the Steamboatman’a Hotel, on Front,
near Ludlow, kept by a Gorman named Ebort. He
wasexpeoted bore by Mr. J. B. at No.
66 Richmond street, and other friends, and had
notified them of his intention to bring $3,000 in
xnhnoy with him, to invest in business in this city.
Mr. Bigham instituted search for him, and finally
learned that he had stopped at tho above-named
house.' Inquiring there, be learned that Mr.
Dobbs had occupied a certain room, and upon re.
pairing to tho apartment designated ho found a
oarpot-saok Identified as the property of Mr. D.,
which had been broken open and its oontenta ran
•aoked, but no due to Mr. Dobbs was discovered.
Mr. Bigham also found an envelope directed to his
address, the end of which had been torn off and
the letter extracted,' Inquiring for further par
ticulars, ho was answered by the landlord that tho
“ old gentleman” (Mr. Dobbs) had only taken ono
or two mods there, and that was all tho informa
tion ho could give. Mr. Bigham took tho oarpot
saok, and profferod payment of Mr. D-’s bill, but
the landlord refused compensation. Mr. 8., who
is a son-in-law to Mr D., states that the landlord
can apeak good English when ho will, but iu
reference to the missing man ho seoms to havo for
gotten all knowledge of Anglo-Saxon. Circum
stances justify the suspicion that Mr. Dobbs has
boon murdered and robbed, and tbo foots ought to
bo ferreted out. iMr. Dobbs is about sixty years
old, is bald oa tbo top of his head, with patfhes of
white balr. . .
Muabsu near Trenton, N. J.—Joseph Dow'
nle, a oolored man living about a milo above Bir
mingham, Meroer county, was brought to Tronton,
on Thursday, to await his trial for shooting his
wife on Wednesday night—the injuries received
resulting in her doath. Downie, it appears, has
another wife living, and is regarded «» a bad man
bv the people In tho vicinity. On Wednesday ho
visited the fair at Nowtown in company with tho
deceased and somo others, and after their return
he and bis wife commenced quarreling. Ono of
the nersons present' interfered, when Downto
ordered him out of the house. The man refusod
to go, and Downie went up stairs and got his gun,
uttering threats againßt the man and his wlfo. Com
ing down stairs tho gun was discharged, the whole
load taking offoot in tho calf of tho right leg of his
wife Although Downlo has frequently threatened
the iifo of his wife, it is supposed by tho porsons
present that the shooting was aooidontal. 110 was
muoh affooted by tho ooourronoo, and ran immedi
ately to tho neighbors for nssistanoo. Beveral
come In, but were unablo to stop tho flow of blood.
Dr Souddorwasoaiiodandstannohod tho wound,
but it was too late-tho woman hod already lost
I too tmioh blood) asd soon fiftor died.
[Special Correßpondenco of The Press.] :
Cabinet Meeting—Revenue Lands—Major Lind
sey—Nption&lHotel—Nnval Intelligence—Ap
pointments, &o,
Wasiunotoh, Sept. 25, 1857.
In tho rogular Cabinet session to-day, nothing
was dono outside of tho current departmental busi
ness. The Seoretary of tho Navy has docided not
to award for the construction of tho
new Bio6ps;pf-war until tho return of tho Presi
dent, / , .
The Treasury Department bos boon engaged
dtuing this wook iu uxaklog up its report to Con
gress; on the chango required in existing laifs re
lative to \hQ personnel of tho foroo for colleotlng
the customs and revenue sorvioo generally. Gov.
Cobb is ambitious to codify the Rovonue Laws of
tho United States under the laiy of last session* in
a manner to meet with general approval through
out tho Atlantio and Paelfio seaboards, and on tho
part of Congroßs. Enoh particular branch will bo
submitted by itsolf.
Major Lindsey, Quartermaster in tho Marine
Corps, is at tho point of death.
Tho National Hotel is to bo opened in a little
while, by a company of four New Hampshire men.
They have given security for tho due performance
of thoirpartof agreomont. Thoyare to have U
rent freofor aperiod of years.
Tho President has appointod Patriot H. Borns
postmnator at Dover, New Hampshire, vice Benja
min F. Yittum, from 31st Ootobornoxt.
Tho Secretary of the Navy received the follow
ing letter from Commander Page :
“ Funciul, Madeira, Aug. 30,1857.
“ Sir : I have the honor to report my arrival at
this placo in twenty-four days from the United*
“ I made tlm island on tho 18th day, after a fine
run, but, meeting with an unusual wind, almost
without precedent at this season of tho year, found
it impossible to make tho anohorago before the
29th. '
“ Tho wind blew almost n gate for six-days,
making a heavy sea off tho island, and unsafe at
tho anohorago.
u I am happy to report tho officers and men In
general good hcnlth. I shall sail again. *t the
oarliest dato after fitting up with wood
“ I have communioated with the oonsul apd go
vernor of the island, and have found nothing to
report. The govornor I found courteous and exdetd*
ingly friendly to the United States.
“ Vory respectfully, your obd’t servant.
U R. L. Paoh,
“ Commanding H. S. Sloop Germantown.*- .
Also, the following advices from the AfridfiS
“United States Flag-Ship Ccwqert.and,
“Porto Grande, Ang. 25, 1857.
“ Sir : 1 have the honor to announce my arri
val at this port. The United States ship Dale
sailed hence on the 18th instant, for tho month of
tho Congo river, and Saint Paul de Leando, on
tho west const of Africa. I this day inspected tho
United Statue sloop St. Lawrence, Commander J.
W• Livingston, and mako a favorable report
“ I have ordored tho St. Louis to proceed to Cape
Palmos and Capa Mcsurado. Returning the lost
of October or the Ist of November to the Cape de
Verdo Islands, she will await for relief or further
orders from tho Department.
“Six American oitizens, found here in distress by
Commander Mcßlair, I havo transferred to the6t»
Louis, to bo earriod to the United States.
“I propose to prooeed immediately down- the
coast, and will probably return to these islands in
November noxtr ‘
“I am, respectfully, your obodlont sorront,
" Thomas a. Cokover.
“Hon. Isaac Tobcey, Seoretary of Navy.”
By the 7th seotlonof the act of Congress approv
ed August 18, 1856, (Statutes for 1856, page 91,
chap. 129,) tho Seorotary of the Interior is autho
rized to make an allowance, “subject to the ap
proval of Congress, of suoh reasonable compensa
tion for additional clerical services and extraordi
nary expenses incident” to the offices of registers
and receivers os “ho shall think just and proper,”
and is required to “report to Congress all ?&eh
eases of allowance at each succeeding stasibn.
estimates of the sum or sums required tosay the
Tho General Land Office has now in course of
preparation, in accordance with the aot above al
luded to, estimates for the eoming fisoil year of
tho sums required for tho additional olorioa! force
necessary in oonduoting the newly established land
offieea in Nobraska and Minnesota.
Tho PostmaßteT’General has appointed Joseph 0.
Hasbrouek, of Ulster county, New York, General
Route Agent on the Hudson River Railroad, trice
'William P. Popper, decoasod.
Henry L. Martin, of Miss., has been appointod
to the $2,000 olorkship in the Goneral Land Office,
mado vacant by tho resignation of Wm. Steiger.
James H. Sprolo, appointed light-house kyeper
at Pass Manchoc, La., in place of BoqjamlnUPil
liamfl, removed. Salary $6OO. per annum.
Tho snbjoinod is a statement in general of tho
business of the Gonoral Land Office for the month
ending Beptemhor 5,1857 :
Letters received and registered.
Letters written and recorded..,
Patents engrossed..,..
Patents examined.,...
Patents tran5mitted.............
IntnetTHmflU-on: v»Cv
Acres ofscrip issued.
Tribute of Respect to the Memory of Lieut*
Herndon? bjr his Brother Officers.
Washington, Sept. 25,—The officers of the navy and
merino corps, now in this city, numbering between
fort; and fifty, held a meeting this otening, to giro an
expression of their feolings at the untimely loss ol? and
to pa; a tribute of respoct to the memory of the!.* late
brother-officer, Captain Herndon, Commodore Shcbrlck
presided, and Commanders Rogers and Page aafod as
Appropriate resolutions wero adopted, amongthem
the following: ' ,
Resolved, That while we proffer to tho widow and
daughter our heartfelt condolence, and the assunpee of
our readiness to maintain In dud tho sympathy which
we haro endeavored to enforce In words, we indulge
the hope that the wives and daughters of all oor pro*
foifllonal brethren will co-operate with us in contribu
ting to thorn that material aid of which they bars been
bereft in tho loss of our gallant officer.
Resolved, That a monument bo erected at the Naval
Academy of Annapolis commemorative of the dream
stances of his death, not only as due to his uemoiy, bat
to incite to tho emulation of his noble conduct.
A committee of seven was appointed to oar# this
latter resolution into effect.
The News of the Philadelphia Bank Panic
Charleston, Sept. 25.—The nows of the suipmslon
of the Dank of Pennsylvania, and the refusal .of tbo
Girard and some other banks of Philadelphia to redeem
their deposits, excited, great surprise in our commercial
Railroad Affairs—Meeting of the Stockholders
of the Michigan and Southern Railtead —
Election of Birectors, Ac.
Adrian, Mien., Kept. 25.—A meeting of tbo stock
holders of tho Michigan and Southern Railroad Ooppa
ny Is now being held here.
' The following gontlemon have been unanimously
elected Directors—ovor eighty thousand votes being
cart, Tin: John D. Janria, Sami. Yf. Comstock, Ql&rk
son N. Potter, Robert L. Olyphant, all of New York
city; Geo. BUbs, of Springfield, Mom.; John O. Wright,
of Seheneotady, N. Y.; It. 8. Burrows, of Orleans co.,
N. Y.; NoUon Beardsley, of Auburn, N, Y ; Jobs S.
Prenty, of Genera, N, Y.; Ransom Gardner, of Detroit,
Mieh.j Schuyler Colfax, of South Bond, Ind.; Hiram
Sibloy, of Rochester,N. Y.j and Wm. Wolcott, ofTJtiea,
N. Y.
Resolutions were passed, expressing entire confidence
in tho direction of tho affairs of the road, anqthe be
lief that, by proper management, it con be m&ip to pay
fair dividends. Also, ordering tho general office to be
removed to some point on the lino of tho road,!
The Suit against the Reck Island Railroad.
CiHoAQo,Bept.22.—‘In the case of the steamer Effle
Aften vs. The Rock Island Railroad. Company, relative
to a certain bridge, which has been on trial for two
weeks in the circuit court, the jury failed to
were discharged last night. f " rr
Nrw Orleans, Sept. 25,—Cotton—Tho e&los to-day
wero 2,500 bales at for Middling. Tha re
ceipts of the past week amounted to 10,600 • balefr, and
the sales to 1u,600. The stock in port is 30,000 baler.
Flour fluoted at $0 00. Coffee-Sales of prim* Rio »t
11c. The sales of tho week wore 1200 bags, Tbo
stock In port amounts to 117,000 bags. Sterling Ix
change quoted at 10J5 cent, premium.
Charleston, Bcpt. 25.—Cotton—Bales of the -week
700 hales, at 15#o for Middling fair. 200 tierces of new
Rice, tho first ot tho season, were sold at 4,qa4j{(id£?d
Wheat 125c©130c.
A Fewalb Shot in a Water Street Dance
House.— Deliberate Attempt at Murder.— Shortly
before 12 o’clock, on Thursday night, a deliberate
attempt was made to take the life of Ann Thomp
son, a girl of bad roputo, who boarded in the donoo
house of Sandy Mulholland, 315 Wator stroet.
Ann, it appears, was formerly on intimate tsrmfl
with ono James Mahonoy, An Irish boatyan, who
bears a very suspicious character, but owing to a
difficulty botwcon them, they became ono&ios.
At tho time named, Ann was standing in tho
front door of Mulholland’s house, when jiahonoy
passed on tho sidewalk, and a dispute arose be
tween them, which resulted in Mahoney drawing a
pistol ahd discharging it at Ann. She received a
bullet in tbo left shoulder or side, infiiotieg a very
dangerous and porhaps fatal wound. Another
ball, which is supposed to havo boon iu the pistol,
passod over tho head of the injured girl, and
lodged in the coiling. Mahonoy was promptly
arrested by Officer Walsh, of tho Fourth Pro*
oinot, and looked up to await on examination.
The blooding victim was convoyed to tho Now
York Hospital, wboro sho romalas in a critical
condition. —New Yorh Evening Post yesterday .
A Mountain or Salt in Missoußi.-rlt seems
that tho resources of our noble State tffll never
ceaso dovoloping. Something new, great, or won
derful, la constantly turning up. Thelitost dis
oovory Sa a specimen of salt iocs, handed us yes
terday by Mr. Nettleton, olork of steamer
Garwin. It was takon from a hill, or nquotains
of tho saroo material, just discovered a jhort dis
tance from the Mississippi Kiver, on the Missouri
side, and about 72 miles from St. is sit
uated on Saline Creok, in Perry county, and al
most on a lino dividing that county from St. Gone
vlove county. Saline Creek omptioa.' iuto tho
Mississippi river about 3i miles below &. Mary’s
The Bpeeimon boforo us resembles a. ploco of
quarts: rock, and ia a little mixed with a substance
resembling iron oro. It has a pure, taste,
and when ground to powder is as white fs any of
the table salt now in general uso. If ws are not
misinformed, this hill of salt will prove an ini
monso speculation to its owners, and wIU obeapen
the prloe of that article vjory materially *h®
city.— St, Lome JDmowt,
iNDiAtf Mutiny Relief Fund.— Tho following
Is a oopy of a telegraphic despatch from Colonel
Phipps to tho Lord Mayor, dated Balmoral, Sep
tember 0! “You may announce subscriptions to tne
Fund for the Indian Sufforera of £l,OOO from tho
Qaeen, £3OO from the Prinoe Consort, and £lOO
from the Buohess of Kent.” On the 9th the Lord
Mayor of London announced that the fund for the
relief of the b offerers by the Indian mutiny amount
ed to £16,710. This includes tho subscription of
tho Emperor Napoleon and the Iroporial Guard.
Tho most munifioent offering from a private
individual Is that of the Dowager Lady Forbes,
who gives £l,OOO. The Duko of Cambridge, the
Duka of Norfolk, the Marquis of Land&uowne,
Lord Overstono, Lord Palmerston, and Mr. Vernon
Smith, subscribe £lOO each. Tho Governorsof the
Bonk of England hovo subscribed £5OO. Grind’
lay's Home News says : We have authority for
stating that there is no foundation for the reported
donation of Lord Dalhoueio, of the pension of
£5,000 per annum, which he receives from the
Court of Dlreotors; although generally notiflod by
tho public press, nothing Is known of the faot at
the Mansion bouse.
Lord Robert Grosvenorls gazetted Baron Ebury,
of Ebury Manor, Middlesex, and the Right Hon.
T. B. Macaulay, as Boron Macaulay, of Rothley,
In the county of Leicester.
The Sunday Times says there is not tho slight
est foundation for the roport that the Right lion.
Robert Vernon Smith was about to vacato tho
offloe of President of the Board of Control.
The Limeriok Reporter contains the following
reference to Mr. Monsoll: “It is not, wo believe,
generally known that the Right Hon. W. Monsoll,
[. P M has oeased to hold office in the present
Government. The right hon. gentleman’s duties ns
President of the Board of Health are now dis
charged by the Hon. Mr. Cowper, under tho recent
apt of Parliament. Mr. Monsoll was offered tho
under-scoretarysbinof tho Colonies, an offioewhioh
ho declined accepting.”
The Earl of Mountoashell has jast disposed of
the Island of Amherst, near Kingston, in Upper
Canada, to his relative, Major Peroival Maxwell,
for a sum little short of £OO,OOO. This sale, it is
added, “will materially alter the state of his
Lordship’s affairs.”
. The 6th of October has been definltivley deoidod
upon for launohiog the Great Eastern.
Thomas Hiohens, the poor fisherman who was
the means of saving the Exmonth, 90 gun screw
ship, when embayed among the rocks, in a covo
near Kynance, in April last, has been rewarded
Jytho Admiralty with the sum of £5 for saving
q English line-of’battloshlp, with a crow of 700
1 or 800 souls.
It was announced this morning that tho subma
rine cable to connect tho Island of Sardinia with-
Algerla, and bring Franco into direct communica
tion with that oolony, has been safely laid. Tho
longth of tho line is ono hundred and forty-six sta
tute miles, and tbo amount of cable paid out about
one hundred and seventy-two miles. Tho o&blo
has four wires, two of whioh will be appropriated
to the French Government, and its contract price
was 50,000/. The undertaking has been oarried
out by tho Mediterranean Company, by whom the
first part of the line—namely, from Gonoa to Cor
sica and Sardinia—had been previously completed.
They havo a capital of 300,000/. and a guarantied
rate of interest from the Sardinian and Frenoh
Governments.— Times.
Tho last despatches received by the Frenoh Gov
ernmont from Hong Kong oontradiot tho announce
ment in tho American papers that the United
States squadron in the Chinese seas had taken
possession of tho Island of Formosa The squad
ron in question, according to these despatches,
consists only of the ateam-frigato Jacinto, of 13
guns, and the corvette Levante, carrying 18.
The Court of Assises of tho Seine has terminated
its cognisance of the plot against tho Emperor of
the Frenoh by extending its judgment to the ab
sentees inoriminated. Of tho ouTprits actually ar
rested, Tibaldi was condemned to transportation,
and Grilli and Bartolotti to fifteen years imprison
ment. Marilni, Lodru-Rollin, Massaronti, and
Campanella wore tried aooording to Frenoh lorms,
in their absenoo, and haro now boon sentenced to
transportation also.
Tho Times says: “We foell bound, on tho pre
sent occasion, to say that tho evidenoe by whioh
M. Maziini has been inculpated is not of snob a
oharaoter as convicts him of saboming assassins in
the eyes of Englishmen.”
Tho Assembles National has re-appeared under
its new name of the Spectateur.
It is said that M. Foutd, the minister of stato,
beforo he anittedParis to preside over the connoil
general of his dopartmont,' assembled several
bankers to consult them on the best measures to bo
i adopted to givo more animation to tho Bourse. It
is further stated that tho bankers wore unanimous
in 'reoommonding that the entranoo to the Bourse
should again be declared free, and that the new
taxon tho transforof negotiable securities should
bo repo&led.
Tire Conference of the Emperors.— Tho
Independence states that England is so occupied
with tho Indian outbreak os to make her desire to
put an end to tho coolness which, sinoo the peace,
, has existed between her and Russia; whilst, on tho
other hand, the Czar Alexander is sincerely
attaobod to that policy whioh can alone realise his
wishes for tho development of tho great bat no
glected resources of his empire. Finally, tho Em
peror Napoloon is admirably situated between
those two tendencies for serving as a point of
union, and for obliterating tho last marks of old
Tire Survivor from Cawnpore.— Letters havo
been received from Ensign Robert Browno, of the
late 56th Bengal Native Infantry, who arrived in
General Havelook’s camp on tho 13th of July. Ho
did not osoapo from the ontrenohmonts at Cawn
pore, hut was on detaohed duty at a short distance
with two companies of his regiment; they muti
nied on tho 6th of June, but tho Sepoys allowed
their offieers to csoapp. From that date ho wan
dered about the oountry disguised as a native,
until ha renamed thb English eantp. ono march
above Futteyporo, where he immediately joiood
tho volunteer corpft of oavalry composed of offi
cers, and was advancing with the army on Cawn
Queen’s Troops in India.— lt is authorita
tively stated that when all the reinforcements qow
on their way and undor orders for India have
readied their destination, tho total foroo of Quoen’s
troops at tho disposal of the Indian Government
will be as follows: 11 regiments cavalry, 55 in
fantry, 4 troops of horse artillery, H companies of
engineers, making altogether, with tho company’s
European regiments, 87,000 Europeans.
The East India Company chartered 11 sorow
steamers yesterday for Tndia. No sailing vessels
accepted, of whioh about two hundred wore of
fered. Tho following are the names of tho steam
ers accepted, and their destination—For Bombay:
Great Britain, Italian, Indoinitablo, Melbourne,
and Princess Charlotte (Belgian.) For Calcutta:
Charity and Bt. Louis (French.) For Madras:
Bahiana. For Kurraohoo: Ireland, Anstria, and
The Rev. F. Lwrolx, writing from Calcutta on
July 17th, to the Secretary of tne London Mission
ary Society, states that all its missionaries, with
their families, were safe, so far as he know. Only
Mr. and Mrs. Budden, at Atmorah, had not been
heard of, and there was no reason to doubt respect
ing thorn.
The Increase la tbo bullion of tho Bank of Franco is
understood to bo much lea l , than was at onetime al
leged. It is now said to be only about £lOO,OOO or
£120,000, and this has boon from Urge artificial pur
chases. The account* regarding the results of tho har
vest appear to oxceed the best anticipations. Private
letters state that the recent difficulties in connection
with tbo management of the Credit Mobillerhave been
smoothed over.
The Herald says that in London it U very evident
tho domand for money will be at present maintained.
The payments on account of the revenue, and tho ab
sorption for agricultural purposes, assist to stimulate
tho general inquiry, and consequently the hill brokers
are enabled to obtain the minimum terms charged by the
The Daily News says: “Wo cannot Indulge in any
very bright visions of great commercial success on the
East Coast of Africa. The prevalence of Mabomodan
ism thore is a very adverse element, and tho country is,
therefore, to be approached and examined both by the
Government and commercial men in a oautlous spirit.”
[From the Now York papers.]
The UMated Central America.
Wo are ofton asked by lottor how Jong H will bo
botore the authenticated passenger list of the Con*
trol Amcrioa will be received. There is no dupli
oato in tho hands of the Panama agent, as has
boon stated; consequently, tho namos and number
of the pasaongera by the Control Amorioa will not
be known until the return of the California
steamer after the arrival out of tho intelligence of
the disaster, whioh will bo in something over two
It is reported that negotiations aro going on
botwoon tho Poston Submarine Armor Company
and tho underwriters of the Central America, to
raiso her hull, whioh is supposed to lio in about
23 fathoms water. The apeoie in her alono would
furnish amplo inducement for tho oxporiinent, if
her position oan bo accurately fixed, and that it
ean is probable, from tho fact that Captain Hern
don was reported to have given hor position to the
vessol whioh refiuod to oomo to his roliof.
In addition to tho namos already published of
passengers by the Central Atnorioa, known to have
been an board and supposed to bo lost, the-follow
ing worp communioatou to us yesterday by one cf
tho passengers:
Capt. l)yor, of Panama.
Mr. Jeromo,of Panama, engineer.
A. T. Dolano, of Boston.
Mr. Snydor, cf Philadelphia; leaves a wifo and
An Englishman (namo unknown) who was for
merly olerk in tho Panama Railroad Company's
offioe, and his son.
A young man (name unknown) from Woaver
ville, Trinity county, Col., bound to Illinois.
Philip , a blacksmith, from Woavorvillo,
Trinity county, Cal., bound to England.
Throe young men (names unknown) who had
been shipwrecked on tho ooast of Poru, and wero
being sent homo by the American oonsul at
Mrs. Cunnixouau once More. Supreme
Court, ~This morning Mr. Stafford, Mrs. Cun
ningham'S counsel applied for a eertiorart to ro
uioyg her case from the Oyer and Terminer into
tho Supremo Court CirouU. Tho application is
mado in order that tho vouuo may bo changed
Into another county, on ncoount of tho groat pub
lic oxoltomont in regard to tho onso.
Mr. Obatflold appeared for Mrs. Cuuninghain,
and Mr. Whiting on tho part of tho people, was
present, and made somo remarks, but did not wish
to bo understood as appearing to opposo tho grant
ing of the writ.
At the request of Mr. Whiting the motion was
postponed until this morning.
Ludicrous Incidents in tlmh oir Danger.—
When tho steamer IsoaoNowton broke hor walking
on Saturday night, tho lamentable disaster to tho
Central Amorioa was so fresh in the minds of tho
passongors that it added much to tho exoitoment
and alarm. Tho Troy Budgot says ;
“ One gontloman was so ovoroomo with fear that
ho plungod headlong out of his state-room window
into the water. Another, a hypochondriacal old
fellow, from lloohoster, How York, awoke at tho
first crash, seised his carpet bag and bounced out of
his room. With a whoop'of despair ho ran aft,
and grasping four life-preserver?, placed two of
them around his oarpot bag, and the others on
oaoh arm. Thus accoutred, ho sauntorod biuk
with baad erect, and with a pleasant, solf-roliant
expression. It was not until his attention was
dirootod to his light garments that ho shot baok
again to his
CouPLiMHKTitla AN Editor.— Mr. Thos.. D’Aroy
MoGhoe, editor of the Montreal Neto Era t and well
known in this city and Btato as a writer and loc
tutor, is about receiving a substantial testimonial
from bis Canadian frionds, before tho olose of Oc
tober. In Monlroal alone, in a few days, the sum
of nino hundred and fifty dollars wus subscribed
and paid in.
MusioiL Fund Hall, Locust striset, above Eighth.
—Grand Concert by Henry Vieuxtempa, assisted b/ 8.
Thaiberg and a troupo of artists,
National Thsatrs, Walnut Btrret, abovh Eighth.
—“ George Barnwoll”—“ Jack Sheppard.”
Walnut Sweet Theatre. N. K. corner of Ninth
and Walnut streets.— “ The Last Man”— I“Ernes
tine”—“ Fearful Tragedy Up Town.”
Wheatley’* Arch Street Theatre, Arch street,
above Sixth.— “ Hamlet”—” A Coajugal Lesion.”
Sanford’s Opera House, Eleventh Btbest, abots
Orestnut.— Ethiopian Minstrelsy, concluding with a
Laughable Burlosque.
The Panic at Us Height—lntense Excitement
in various settions of the City —“ Rim” upon the
Banks—Talk on the streets.— For a number of
daya past monetary affairs in our city have been
deoldcdiy unsettled; but it was not until yesterday
that tho full offoet of the rumors which nave been
extensively circulated relative to some of our city
banks was generally appreciated. Tbo immediate
effect of these rumors has increased the publie
uneasinoss recently manifested, and has caused an
almost unparalleled state of exoitomont in all
classes of too community. The monetary troubles
reached their climax when it was announced
yesterday morning that the Bank of Pennsylvania
bad suspended its specie payments. A “run”
was at onco commenced on most of the city
banks. Note holders were desirous of obtaining
specie for their paper, and some of the depositors
became scared ana withdrew their deposits. At
several of the banks, including the Bonk of Penn
sylvania, crowds commenced gathering as soon as
the doors were opened, and the tellers had their
hands full oxohanging gold and silver for paper.
The banks redeemed their notes as fast as they
were offered, but throngs of curious lookers-on oo*
oupied tho side-walks, and earnestly discussed tho
extraordinary position of affairs during the fore
The Bank of Pennsylvania opened in tho morn
ing, hut the doors wore soon closed again. This
course attracted a great crowd of persons, and the
street was througod during the morning. The
outsido gates on Seoond and Lodge streets were
olosed, except to porsons who had business at the
institution, and the following notice was pinned
upon the railing: ■
Bank or Psnnstlvania, September 25th.
Resolved, That tho Bank suspend specie payments
until further action of tho Board.
By order of the Board of Directors.
Thomas Allibone, President.
Very large crowds of people gathered in the
vicinity of the different banking institutions, some
attracted by interest, and others by curiosity*.
Timid poople were out in full force, almost quak
ing with fright, firmly impressed with tho idoa
that all tho oank notes in their possession were
just about as valuablo as waste paper. At a later
hour in tho forenoon, the official notice of the sus
pension of tbo Bank of Pennsylvania was. exten
sively circulated, as follows:
Philadelphia, Sept. 25,1857.}
. “ This Bank having been compelled to temporarily
suspend specie payments, the Board of Directors assure
all porsoni having claims against the Bank, whether of
Circulation, Deposit, or otherwise, that no loss can
“By order, and on behalf of the Board of Directors.
Thos. Allibone, President.
Numbers of excited individuals gathered in front
o£ tho gates on Second, Bank, and Gold streets,
leading to tho Pennsylvania Bank, hut no person
was allowed to enter this institution unless he had
business to trunsact. We saw High Constables
Russell, Trefts, Clark, and Watt, and special
Officers D. S. Smith, Caliawan, Taggert, and
O&rlin, engaged in preserving the peace, and pre
venting the thoroughfares from being obstructed in
this vioimty.
It was not a littlo amusing to witness the various
ludicrous scones which transpired during tho day.
It appeared as though tho wuolo male population
had found its way to tho eastern seotion of the
city, for tho stroots cast of Fifth wero densely
thronged, and speoial dotails of policemen from
tho difforent wards wore required to be eoattered
along to keep tho crowd moving in tbo gangways.
In every oommunity thero is a class known as
“ talkers,” and it need hardly bo said that tboy
figured most conspicuously yesterday. Hero and
there tboy wero gathered in groups, engagod in
earnest conversation on tho ability of tbo banks to
meet their liabilities, and ono would infer, from
their exoited manner and fierao gesticulation, that
tho institution in which all their deposits were
made was either about to break, or in great danger
of it, when, in faot, if the truth wore told, the en
tire party could only boast of “nary red.” The
•» bulls” and “ bears” were in amicable discourse,
viewing tho subject of tbo “run” in different
Wo suppose that during tbo day we were sainted
over a dozen of times with the questions, “Have
yoa got your money out?” “Has Red Bank
failed?” “Have you suspended yet?” Ac., Ao.,
to all of whioh interrogatories we replied in the
same spirit of jest and amusement which suggested
thorn. Numerous similar questions were pro
pounded to each othor by acquaintances as they
met at different places. The best good temper
provailed, and the crowd was, in tho main, in the
most eheorful humor.
Some of those who had joined in tho rush'for
specio oamooutof tbo doors of the banks jingling
their “ shiners,” but seemingly at a loss what to
do with thoir cumbrous “piles.” At several of
the banks thero wero many who repaired to the
receiving toller’s desk with new deposits, and wo
have no doubt that some of the speoie drawn on
the spur of the moment, found its way book again
through the bands of tbo receiving tellers. In
front of tho Farmers’ and Mechanics’ Bank, on
Chestnut street, above Fourth, wo saw an over*
joyed individual, who appeared from the “rural
districts,” who had two bags of gold with him,
which in his joy at having scoured his funds from
the “genoral wreck" ho was flourishing—one in
one haud, and one in the other. At all of the
banks, on which there was anything of a run, the
cheeks provided for the use of customers vanished
with a rapidity at which tho rannors stared.
- Tho fihirogrqpby in tho way qf sig
natures to phoeks were in seme instance* so’ bur
riod by the ludicrous fright of the drawers os
hardly to bo recognisable. The “run” on the
Bank of North Amerioa was continuod during the
bank hours, but notes were redeemed, and checks
O promptly and oheerfully. The Girard,
esmen’s, Commercial, and City Banks, and
Bank of Commeice, redeemed all their notes very
promptly, but refusod to pay chocks until after one
o’clock in tho afternoon. This promise was com
plied with by all the banks except tbo Girard,
whioh promises to pay all checks upon presenta
tion this morning. Thero has been nothing to
equal tbo oxoltement whieh was everywhere man
ifest during the whole day since tho financial em
barrassmonts of the eventful year of 1837.
Philadelphia Trade Sate. —Despite tho com
mercial gusts out of doors, Messrs. Thomas suc
ceeded in coaxing the trade Into good bids yester
day. This morning, G. P. Putnam, of New York,
offers a large miscellaneous invoice, including {un
published) sots of “Irving Vignettes,” and various
sots of “Bracobridge Hall,” and the “Life of Wash
ington.” Willis P. Haxardjfollows, also, with a
largo collection of valuable works, Standard, Libra
ry, and Illustrated editions, a large supply of the
Poets, in all sizes, and a groat many books for
children. Tiokpor A Fields, of Boston, presont a
select, rather than a largo invoice of their hand
somely got-np works. Our townsman, T. B. Peter
son, follows, and, albeit, a quiet man, soems re
solved to “play the Diokens” with tho trade.
In | othor words, ho presents twelvo difforent
editions, in octavo form, and all varictlos of bind
ing, of Charles Dickens’s works. This fills thir
teen volumes, and makes almost a library of fiction
of itself. Ho also offers the 12mo. 'lllustrated
edition, just completed,-with all the engravings
which appeared in the works os originally pub
lished in London, from original drawings by if. K.
Brown, Cruikshank, and Cattcrmole. He also has
tbo works of Mrs. Hants and Mrs. Southworth,
Charles Lover, Warron, Cockton, T. S. Arthur,
Captain M&rryat, several Cookery Books, and
many miscellaneous works. John P. Jewott A
Co., of Boston, h&vo a miscellaneous collection.
Sheldon, Blakuman, A Co., New York, offer on
educational, roligious, miscellaneous invoice. M.
W. Dodd, Rudd, A Corloton, R. M. Do Witt, Dick
A Fitzgerald,D. AJ. Sadloir, and somoother New
Yorkors, will also bo under tho hammor to-day.
Miller A Burlook, J. W* Moore, Hayes A Zell,
Hunt FA Sod, 0. G. Henderson, Lee A Walker,
and a fowfrom other oitics will close to-day’s sa!o.
The invoices of stationary will bo on the tapis on
•Alleged Case of Incendiarism. —A paragraph
appeared In ono of the afternoon yesterday,
oaloulated to produce a wrong impression relative
to tho slight fire whioh ooourred between 12 and 1
[o’clock yesterday morning. It was stated that tho
contents of a crato of hay wore scatterod about in
front of a rowjof small houses in acourt, baok of Lox
loy Hall,at tho corner of Sooond and Little Dook
stroots, and sot ou fire; and* that tho flames com
municated to tho wood work of tho outside of tho
buildings. Upon inquiry, wo learn that such is
not the foot. A ora to of hay which stood in tho
yard attached to tho Loxley llall was discovered
to booQ firo, but the flames wore extinguished be
fore thoy had done any damage. Tho orato stood
apart from all other articles in tho yard. It is
quito probable that tho fire originated from alight
ed cigar, oarolcssly thrown from the window of
one of tho upper rooms of tho Hall, in whioh a ball
was in progress. The oiroumstances of tho case, as
certained after thorough investigation, do not jus
tify tho supposition that thoio was any attempt at
incendiarism. It is bad onough to bo compelled to
record noaso of inoendlarism whore tho proof is
olourly defined ; but for tho suko of the reputation
of our oity, do not lot us multiply imaginary in
stances of crime.
•Arson tn the Nineteenth Ward. —A slaugh
ter-house at Tioga and Torphin streets, in tho nine
teenth ward, was fired on tho night of tho 12th
inst. Tho building was insured in tho State Mu
tual and Farmers’ and Mechanics’ Insurance Com
panies, and the fire marshal, in investigating tho
causos of tho firo, was induced to believe that tho
orimo of arson hod been perpetrated, with tho
viow of rocovering the insurance. Tho owner
of tho property, Charles Cotter, was there
fore arrested, and will hare a hearing to-day
beforo Aldorman Cotter fishes for
a living during the spring and summer sea
sons, ana in cold weather follows thoocoupation
of a sort of country butchor, commonly known ns a
“ shinnor,” or hawkor of meat. A short time sinco
ho was held to ball by AldGHn&B MoOonaughy, on
tho ohargo of falso protonoe, and subsequently a
charge of tho larceny of a gun was preferred
against him. On Thursday morning he was
tracked to his house by the polico, and ho sought
safety in flight. Ho ran into tho marsh, followed
in oloso pursuit by tho officers, and was finally
oapturod without any sorious resistance. Ho was
oommittod by Aldorman Williams. Tho gun was
reooverod and taken to tho Mayor’s offico.
We learn that tho battle-ground at Ger
mantown is being disposed of for town lots. The
old field and tho houso of Chew aro on tho main
street, about n half milo above tho railroad depot.
A short distance below tho spot is a small grave
yard, on a visit to which tho stranger will dis
cover tho rosllng places of somo of the viotims of
tbo bloody period. Tho inscription upon one of
tho tombstones runs thus: “Honor to tho bravo.
111 c jaoot in paco. Major Irrine, Capt. Turnor, of
tho National Guards; Adjutant Lucas, and six
soldiers —Americans killed in tho battle of German
town —one cause, ono grave.” In various other
portions of tho ground tho marks aro perceptible
of gravos whoroin repose alike English and Ameri
can soldiers.
« The Cry is, Still they Come.”—His Excel
lency Governor Pollock, it appears, still desires
aids, “with tho rank of Lieutenant Colonel.” G.
W. Bartholomew, a graduate in the engineer de
partment at West Point, and Charles Jewell, have
boeu honored with this title of distinction. The
disbanding of tbo present very largo corps of aids
is not far distant.
Samuel Ramsey , who was arrested on Thurs
day night by High Constable Russell, bad a hear
ing yesterday morning before Alderman Eneu, on
tv onßTgo of having in bis possession a large quan
tity of spurious coin, consisting mainly of oounter
frit half-dollars. Iho Mowed was oommittod.
the courts.
[Reported for The Press,]
caTo cSTt 1 ?* 0 Woodward.-Tbejuty
„ Ifa/Tobui w. tho Keystone W
dlot ftr C th a plafnUff Affred”? Sow
f- t r ho puS
Hood, Paxton, A Price for defenants *
Edmund M. Ivens vs. John Gannum? and Wm
Whiteman, trading as the firm of Lnunnl A
Whiteman.—An aotion for damages for the sale of
property belonging to the plaintiff by tho defen
df • .HP 00 an execution against the father of the
.plaintiff, whose name is Martin Ivens. The de
fence set up U, that tho property did at the time
belong to Martin Ivens; that as the property was
sold by counsel’s direction, and therefore there
can be no malicious intention in the sale under the
execution. On trial. David Paul Brown and John
Markl&nd, Esq ra., for plaintiff; Briggs and Storer,
Esqrs., for defendant.
Court op Oyer and Termimbr— Judges Thomp
son and Con rad.-C bar les J. Smith, Albert Here
n!°r!i aD v ainM Dunn w ®7® charged, at a late hour
tm- ? urad ?? ®yening, with the murder of Andrew
!i «t° m°L ®!® a Way- The case continued all yester
tSm ♦ A** faou toe case, as exhibited by the
District Attorney’s opening, are as follows: The
lR U J Jer^ k ,, pUco l»»t day of December,
*?. deceased left his home In company
wuh a friend for the purpose of serenading a young
girl, to whom be was paying court. & “
defendants were cDjoying themselves after
another feehion, parading tho etreete, and dressed
“ {““tMtjeal ooitames. While the murdered man
ana hie friends were serenading, the tentaetioale
came up, and a collision occurred, in which the
Uormene were dispersed—some into the house and
some into a yard. In a few minutes after the
ki l'id earae on’. 011 ; Mfortunato man who wee
killed came ont of the yard, and waa immediately
pursued by the defendants. *
The other Germans had retired to their homes.
After the fantastical, had re-assemblod, ono ot
those defendants, Charles J. Smith, said to one of
hie friends, “ Why were you not with ns ? Thank
Qod for Henry Smith’s knife; I stack it into him
that far.” It was not then known a murder had
boon committed. The next morning one "of the
workmen at a wheelwright's shop found the body
of a man cramped up in a very unnatural posi
tion. He waa quite dead, and upon the alarm
having been given, the proper officials were sent
for. The testimony so far discloses the facts pretty
much as they were set forth in tho District Attor
nay’s opening. Tho case so far docs not appear
to inculpate the prisoners.- It will not be ooncltided,
judging from present appearances, till this after
ntwn. On trial. Webster, P. 0. Brewster, and
Adami, for toe defendants; the District Attorney
and Goforth for the prosecution.
The case of Lawrence Riley, oharged with the
murder of York Bill, is fixed for Monday next.
Wm. M. Bull, Esq., defends the prisoner.
Friday Eysniso, Boptembar2s,lBs7.
Tho Produce markets co&tlaae depressed and dull,
owing to the unsatisfactory condition of financial mat
ters. Breadstuff! hare been very quiet. Coal Is in bet
ter demand. Coffee is held firmly, but the demand has
been limited. Sugar and Molasses are lower. Cotton
has been dull, as most or the manufactories are running
short time, and purchase only to supply their pressing
waota. In Fruit there is a fair trado doing. No change
in Hemp or Hides. The Iron market is devoid of ac
tivity, and tbo sales have been unimportant. Lead, no
sales. Naval Stores and Oils are extremely quiet. The
stock of Provisions Is light, and the transactions have
been limited. Teas and Tobacco are selling slowly at
former quotations. The demand for Wool has been
limited, and in some instances lower rates have been
accepted. The bulk of the Western Dry Goods trade is
over, and the commission houses generally hare been
very quiet this week; and many of the Third street
houses are very busy. There are no material changes
to ootico in any of the leading styles of cotton goods,
and holders are not pressing their stocks on the market
Woollens are dull.
BREADSTUFF3.—Ths receipts of Flour are ample,
and there has been some little inquiry for shipment, but
generally at a price below the views of the sellers, and
about 3,500 bbls only have been disposed of at $5.50 o
$5.75 for standard and good shipping brands,
$5.75a50 for common to gcod western extra, of which
latter the Btoek mainly consists, and the bulk of the
sales wero made mostly at the lowest figures, showing a
decline on the last week’s quotations of fully 25 cents
V bbl. At the close holder* were generally asking
$5.76 from store for shipping Flour, but there is little
or nothing doing for export. The home trade hate been
buying to a'fair extent at from $5 75 to $7.50 and $8
bbl, according to brand. Bye Flour is dull, and the sales
limited at $4.87X®54.60 bbl. Com Meal is also dull,
and holders ask $4 bbl for Pennsylvania Meal, with
out finding buyers. Wheats are coming in elowly and
are firmer under a fair demand, part for shipment, and
prices have ruled 3a5 cents bushel better for prime
lots; sales reach 30,000 bushels at from $1.25 to $1.35
for fair to prime red, and $1.35 t 051.45 for white. Bye
is in steady demand and rather firmer, with sales 0(3,000
bushels at 75 cents for both Delaware and Pennsylvania.
Corn is also better, and all offered; some 12,000 bushels
yellow hare been taken at 80 eents afloat and la store.
Oats are In fair demand, and about 25,000 bushels were
disposed of at 54033 e for prime Delaware, os in quality,
which is an advance. Some Pennsylvania also sold at
the latter price.
PROVISIONS.—Stocks are nearly exhausted, but
there is very little doing in tho way of sales, and prices
are unchanged. Mesa Pork Is held at $20e528.&0, and
by some at more, and City Mess Beef ats2o bbl, with
■mall sales. Bacon and green meats are searee,but the
sales are mostly in a retail way within the range of pre
vious quotations. We note sales of 25 hhds Bacon Sides
at 15 X«>ls Jse, 00 days. In Lard ~we have only * sms}S
business to note at 10c for bbls and tes, and 17e for kegs
on time. Butter Is steady, with moderate receipts, aid
sales of solid Western at 14016 e, as in quality. Cheese
is unchanged, with limited transactions. Eggs are
bringing 14)6 4F doaen.
METALS.—The Iron market remains very inactive,
and to effect sales lower prices would have to be accepted,
the transactions being only In a retail way ats2T, $25,
and $24 for the three numbers of Anthracite Pig Metal,
on flme. Borne small sales of Blooms are reported at
$75, 0 mos. Scotch Pig Is dull at $2B for whole lots.
In manufactured Iron there is little or nothiog doing to
alter quotations, which are nominally the sauie.
Lead is inactive, and there Is very little stock in first
hands; a sals of 250 pigs Virginia, on private terms,
being the only transaction we hear of. In Copper no
change. In sheathing there Is a limited business doing
in Yellow Metal at 22c, on time
GROCERIES.—-There Is very little Inquiry tea Coffee
from the trade, aad the difference In the views of buyers
and sellers limits operations. About 1,000 bags Rio only
have been disposed of at llXol2c, as in quality. A
small sale of Java was made at 170, all on time. For
Molasses the market continues at a stand, and prices in
the absence of any recent sales are unsettled and droop
ing. The refiners have put down their prieea at 15e $v
gallon. Sugars are dull and unsettled, and buyers are
bolding off for lower prices, with a small business doing at
irregular rates, sales only reaching some 250 hhds Cuba,
within the range of TXeQX® on time. Refined Sugars
are also selling at Irregular prices, and are fully
BARK—The demand for Quercitron has fallen off, bnt
about 80 hhds hare found bujer* on arrival at $4O for
Ist No. 7. Tanner’s Buk It quiet, and prices the
BEESWAX Is in request and scarce at 31032 e 4P lb,
but we hear of no sales worthy of notice.
BREAD.—Very little demand for shipment, and busi
ness is confined to the wants of the local trade, without
much change in priees.
COAL.—The receipts and stocks continue very light,
but there is so change to note in Anthracite Coal, and
a moderate business doing for the season; the market
generally is dull. Bituminous Coal is alto but little in
quired for, and prices unsettled.
CANDLES.—Sperm sells slowly at quotations. In
Adamantine there is a moderate business to note at 22a
23c dp Jb, usual terms. Tallow remains dull,
COTTON.—There Is very little disposition to operate
on tho part of buyers and sellers in the present state of
the times, and the week’s transactions have only reached
3000400 bales, taken In small lots at irregular rates,
mostly within tho range of 14j{0l6){c for Uplands and
New Orleans—cash and time. About 700 bales hare
gone forward to Liverpool on owners’ account.
FREIGHTS.—There is rather more doing in Euro
pean freights, and more produce offering for Liverpool.
About 3,600 bbla, Fleur hare been engaged at Is. Od.;
10,000 bushels Grain at fld., 700 bales of Cotton at 3*160
#d., and bhds. Bark at 25 cents. Very little doing in
South America or West India freights, and rates nearly
nominal. To California a ship on the berth is getting
22a25c. & foot. Eastern coastwisorates are steady; to
the South wo quote at fie for Charleston and Savannah,
and GaSc. dP foot to New Orleans. Colliers are plenty,and
tkogoing rates are: $1.25 to Providence; $1.62t0 East
Cambridge; 90 cents to Washington; $1.40 to Portland;
$1,25 to New London; $1.30051.35 to Boston; $1.30 to
New Heron; 90cent* to Georgetown; $1.05 toNewTork;
$1.15 to Flushing; $1 30 to Fall River; 70 cents to Bal
timore), end $1.45 to Bangor.
FEATHERS—SeII slowly at 50052 cen*s for Western,
a* to lots.
FISH. Mackerel are coming forward more freely,
and medium fish aro in limited demand, and dull at
rather lower rates, say $160516.60 for first; $130513.60
for second, and s9©s9.6Q for thrcei, mostly from store.
Pickled HctrlDg are scarce, and late caught fish are
wanted at s4{ Sp bbl. Of Dry Cod the receipts and
sales are limited, at 5404.50 the 100 lbs
FRUIT.—The stock of foreign is nearly exhausted,
and there Is little or nothing doing in the way of sales.
A few Lemons have been sold at $5.60 S? box. Green
fruit is arriving less freely, and sales range from $1.50
to $3 50 3P bbl. for Apples, and $1e52.50 4P* basket for
GINSENG.—No Crude la offering, and in the absence
of sales prices are unsettled
GUANO.—A fair business doing for the season, with
out change in quotation*.
H?MP.—The market is very quiet, and prices are no
minally unchanged. Manilla has declined at the East,
with large sales.
HIDES —There is little or nothing doing from first
bands to alter quotations, and the market is dull. An
import of dry Lagnayra, has arrived since our last.
There Is some inquiry from the Tanners, but the trans.
actions arc confined to the jobbers, without change in
HOPS sell, a* wanted, at 130150. for new crop—the
opening being lower than for some years past. Old crop
are dull and sell slowly at 6ooe. Jb.
LEATHER.—Good sole and slaughter leather is
scarce and wanted, and If here would bring full prices,
but other kinds are neglected.
LUMBER is dull, and sales are confined to a few lots
of eastern, taken at about previous rates. No change
in white or yellow pine boards, business very mode
rate foe the season.
NAVAL STORES.—Of spirits of turpentine about 200
bblt. have been sold at 47048 c. 4P gallon, cash. In
other articles there Is very little doing, snd prieee rule
about stationary, with light receipts and storks of all
kinds. Borne 400 bbls. rosin sold at $2 for No. 2, and
14 bbl. for fine.
OlLS.—Linseed is selling slowly at 750T6c., as to
lots, and the stock accumulating. No change in lard
oils, and sale* limited. Sperm and whale are quiet,
but firm at previous quotations.
PLASTER continue* dull, but a farther sale of soft is
eported at $2.75 dP ton.
RICE—Wo have a few small transactions only to note
ats*o&#c4P' fc.
SALT—There Is no change In the market. An arri
val of 4,090 sacks of Liverpool ground has come to a
BREDS— CIoTer Is wanted at s7*7 25 V bushel, and A
sale of 60 bags was made to go West, tt 12 cents fi>.
Timothy*!! also In demand atrathertigberfigufer. and
since 800 bushels hare boen taken on arrival, mostly at
$3d3J25 & bushel. Flax Seed—Dorae*tic is scarce and
quoted at $1 S 5 bushel. Calcutta Linseed has de
clined at the East. Sales have been made at $1 75
cash. ’
SPIRITS—Brandy and Gia continue dull and un
settled, and the recent arrivals are mostly going into
store. N. E. Rum is selling slowly at 50 cents. Whis
key is unsettled and rather lower, with sales of barrels
at 2i% 026 cents, chiefly at 25 cents, and hhds at 24
cents gallon.
TALLOW has been very isaetive, and prieea tha
same; we quote city rendered at 12 eents 4F fi>.
TEAS—The late auction sales hare imparted more
firmness to holders, bat there in very Utile doing.
TOBACCO—Remains inactive, with a limited busi
ness to notice ai previous quotations.
WOOL—Tha market has been very quiet this week,
l* »«**aro owing to the indisposition of holders
*“• present unsettled state of the times. The
moch in first hands, consisting mostly of
the common and medium grades being very
variation in prices, but
55! * ttlce are limited to a few small lots within
the range of former quotations.
[Gorreepondence of The Prew.]
New Toe*, Sept. 25,1857—5.20 P. M.
The mlermin* new. from joar citj.of the failure
of thel B«nk ofPouniiTlruaia, end tho ran on tho
uirard and other banks, is the a ole topis of conver
sation here, and has had the effect of making
money tighter, both at the banks aSd the
note brokers. The former, which, np withe receipt
of the intelligence by telegraph, were acting iibe
rally by their customers, became much more
•tnngent, and the lattor did warcely any business,
it would appear that there is really no canse for
thualanphere.We have little or nothing due
us in Philadelphia; your banks, by the laws of
yonr Mate, can have no claims which they
cm call on one banks to liquidate, so far u
» U<, “ “ e ? ncern ' ii ’ lcd we ourselves are
really in a sound condition, with no reason what
orer to apprehend trouble. The excitement of
our own panic, which had subsided. U, however
distrust by everybody of
everybody is revived in a great degree, tbmixh
perhaps less than heretofore. Rates in the street
hero advanced, and those who succeeded in
getting money to-day had to stand a more than
ordimmjj close thane. In foreign exchange
absolutely nothing ia doing. Prime sterling bUb can
be bought freely at IIMJ, aad good signatored below
that pnee The Dills of the HedismJbnkjuid of
die Bank of Canandaigua, were throwneetfeeday.
The suspension of the latter baa caused mash ei
eitement at Canandaigua. •*-
There ia a lamentable contrast between thaeon
tents of this letter and the hoph&L tone e( my
•“i-, Yesterday was the in IfeU
street I had seen amce the eoameneemant sf osr
trouble, and now I am obliged to say otzrs&T k
much overcast. .ur.
Before we can expect substantial relief—Sat is.
haTB an easy money market—(he grain cron tftha
Vest must be moTed. This is Qua source aim
which we can find the effectual means to nay mre
dohts, and restore the health of trade, so badly jS.
paired by the most severe of all diseaaee-want oR
confidence, whioh is quite sa bad as wastof money,
and much more provoking when it exists without
any want of the letter commodity. The presence
of this epidemic has undonbtedly retarded
the forwarding of tho produce from the West, end
the necessary consequence has been a needless pro
longation of tho unhealthy symptoms. The We it
em forwarders "held back,” thinking that we
were all going to “buret up” here, and under this
influence was afraid to trust us. Should this con
tinue for snv length of time, U might hnrt us, it is
trns, by withholding the means we require, but
it wul also hart the over-oantioas forwarder
and producer, who are «holding back” from
want of confidence, because, should disasters oe
oar here, and elsewhere on tha seaboard, prioes
must inevitablj fall below their present nxuro,
and when they begin to fall a rush will be made,
the market will be glutted, and everyone will suf
fer. It Is as much the interest of the producer as it
is ours in the great shipping ports, that this banefal
policy should be abandoned, and the want of cou
fidence, holding-back-to-see-how-things-go system,
made the exception and not the role. Our banks,mer
chants, and capitalists should exert themselves to
afford facilities to effect this great good, by which
alone our ills can be cured, and our strength re
stored. All interests are alike concerned, and they
should combine, and by confidence and mutual exer
tioo,put away tho trouble in which we bare too loog
and unnecessarily been involved. What is it that
constitutes the arterial Mood cf oar trade? Our
wheat, corn, cotton, and provisions. We hare
them all in abundance, but by the sadden and
causeless anxiety to ascertain “who is safe,”
a large portion of their beneficial effect is
thrown away. Let the wheat be brought for
ward at once and freely, and the good effect will
soon be felt. There wUI then be no difficulty in
moving the com 'and the cotton, and provisions
will follow in due time.
Tho settlement at the Clearing House was as
usual prompt. The clearings amounted to $13,905,
605.01, and thebalanoes paid in coin to $618,874.07.
These amounts are remarkably low for this yog; on,
when business is usually so active.
The Express says that it is stated upon compe
tent authority that the steamer which leaves
Liverpool to-morrow will bring gold, that it has
been absolutely engaged within the knowledge of
parties who came by the steamer at Boston.
Should this prove to bathe case, it wilt be the
fulfilment of a prediction of mine in me of my let
ters at the beginning of last week. The cash
transactions for the day at the Sub-Treasury were:
Receipts $122831.10; payments $297,361.19; bal
ance $9,547,440. The receipts at the custom house
for duties were $91,000. The reported city failures
are Bangs Brothers A Co., book auctioneer*, and
Spe&eer A Porter, groeers.
Westbex Bank or Locxpobt.— The Lockport
CowWvr, of Tuesday, says, “We regret to announce
that the Western Bank of this village suspended
payment this morning. The result waa occasioned
by the neglect of parties for whom this institution
has been discounting to pay their liabilities.”
The nows has also had a severe effect on the
stock market. Everything is lower. Virginia
State 6’s declined 11; Miroouri State C’s { ; Hew
York Central B. R. 6’s, 21; New York Central,
2}; Erie, 2; Reading, s|; Michigan Centra], 5;
Michigan Southern, 1; Do. prtf. stock, }; Chicago
and Rook Island, 41; lUiuos Central, it; Gatcaa
and Chicago, 4J; Milwaukee and Mississippi, H ;
and La Crosse and Mil., In our bank stocks,
the Bank of Commerce is down 41, and the Pork
Bank, 3. Pennsylvania Coal Company, which im
proved i per cent, at the first board, tell baek to
&S at the second, a decline of 1 since yesterday.
The market olosed very heavily, with a very un
easy feeling.
5,000 Erie Convertibles of 2871 35jk'
18,000 Virginia State 6 per cent, bonds.. 84, 85
10,000 Milwinkle City 7 per cent, bonds. 52V to 54V
2,000 Milwaakie City 7 per cent, bonds. 54
1,000 Watertown City (WU.) 8 per cent.
_ bonds Passed.
10,00 Northern Indians KB (Goshen Bh.)
lit mort. 7 per cent, bonds , M V
3,500 Bacine and Miss. B& farm mort.
10 per cent, bonds.
5,000 La Crosse and Mil. BB 7 & cent.
land grant beads.
16,000 La Crone and MU. 7 W cent con*
stria bonds... 14to 15v
690 Atlantic Mutual Ins. scrip of I&ST 63
400 Son do do do 1863 55
450 Son do do do 1356 52
610 Union do do dn 1856 36
600 Union do do do ISM 38jf
140 ahs. Buffalo and State Line B&.ssoea. BTi'
10 do Warren Men. S 3
45 do Bank of New York IOOea.ICQV to IQ4V
20 do Island Citj* Bank. 25 ea. SI
29 do Kational Bank. 60ea.66£
47 do do ..... Men. Passed.
27 do Merchants’ Exchange Bk.. 60 ea. 96 V
02 do Farmers’ & Citizens’ Bank
20 do Bk. of the Manhattan Co.
1 do Nassau Bank
12 do do do
20 do Artisans’Bank..
176 do Ohio Life Ins. jb Trust Co 100 ea. Bto S V
40 do North Hirer Bank 60 ea.' 88
123 do Bank of Commerce 100 ea. 91 jg
15 do Hanover Bank..., 100 ea. 79jg
10 do Bank of Commonwealth.... 100 ea. 81V
60 do Peoples’ Bank 25 ea 91
40 do do do 25 ea. 92#
90 do Mercantile Ins Co 50 ea. 100 to 107 Jg
45 do Jefferson 1n*C0........... 30 ea. 173
20 do Atlantic Ins Co, of Brook
lyn 50 ea. 140
10 do Phrnaix Ins Co, do 50 ea. 115
20 do do do do 60 ea. Passed.
13 do Hanover Ins C 0...... 50 ea. Passed.
140 do Hamilton Ins“ Co.. 15 ea. 59v
30 do 11umb01dt105C0..........100 ea. S 3, SB*f
20 do do do .........100 ea 87
20 do do do JOO ea.
40 do Irving Ins Co 25 ea. 300
20 do Wiliistosb’gh City Ins Co 50 ea 109 jg
15 do Gr’tWest’n Marine Ins Co 100 ea. Passed.
100 do do do 190 ea. Passed.
10 do Metropolitan Ins Co 100 ea. 90jg
20 do Long Island Ins Co 50 ea. 364#
30 do Jersey City Ins Co 50 ea. 101#
34 do Exchange Ins Co 30 ea. 79
100 do do do 30 ea. Passed.
50 do Firemen’s Ins*Co 17 ea Passed.
20 do Indemnity Ins Co 100 ea 90
40 do Excelsior InsOo 50 e* 112*, 112#
10 do Brevoort Ins Co 60 ea Passed.
40 do do do 50 ea Passed.
75 do American Express Co.. ..100 ea Passed, to be
sold on Monday.
50 do Wells,Fargo 2c Co.'s Ex.loo ea 83#
MARKETS Asiiks—are hear/ for Pots at $7 750
$7.87# t and dull at $7 for Pearls.
Breadstoffs—The market for Flour is aetiroata
decline of 5015 c, with sales of 9,200 bbls. at $5*30,»
ss*so for common to good State; $5 600$£ 75 lor extra
do ; $5 35e55 50 for common to good Michigan. Ohio,
Indiana, Ac., and ss*6o«rs6 50 for extra do; JCsoas3
for extraGenessae, and $6 £oasB 50 for extra St. Louis.
Southern flour is also 10c lower, with sales of 1.900 bbls
at $5 60ao SO for Bsltimore, Alexandria, Ac;
for fancy and extra broods ; Canadian fiour is s<rloc
lower, with sales of 375 bbls at $5 40a55*50 for sup*r,
and ss*7s®s7 for extra do. Rye fiour is heavy, with
sales of 50 bbls at s4aso*so from fine to super. Corn
Meal is also heavy at s4'ls for Jersey, and s4*4o for
Brandywine; sales, 200bbls.
CovrEK—The auction sales of Rio this morning was
very active at full prices. Out of 4.000 bags. 2.057 wore
sold freely at llolljgc.
Cotton is dull and heaTy, at a decline of Y c on for
mer quotations.
Gbais—Wheat is 2e3e lower, and sellers anxious to
realise, with eales-of 40.000 bushels at $3.23*11 37 for
Southern red; $1.45051A0 for do. white; $1 25*51 27
for red Indiana; and $1.25*11-27 for red Ohio. Oats
are heavy, at 42044cf0r State; 45»46c for Western, and
36044 s for Jersey. Rye is dull at 80c. Sales 500 bush
els. Corn is lc lower, with sales of 26,000 bushels, at
78079 c for Western mixed; 80a 83c for Southern yellow,
and 80c for white Western.
Hay is unchanged.
Hidis are lower and more active with a still down
ward tendency.
Iron ii unchanged and very dull.
Liatbkb. —Hemlock and Oak are both dull.
Nival Stubbs. —Spirits of Turpentine are very quiet
at 460 for cash, with sales of 150 bbls. Crude do. is
quite inactive at unchanged prices. Common Rosin is
less active at firmer rates. Finer kinds are inactive at
$6.50 & 280 Jbe.
Oils.— ln crude Whale and crude Sperm there is
nothing doing. Linseed OU is quiet at 76*77 for Ame
rican . Other kinds are nominal.
Provisions.— Pork is more aefre at Irregular prices,
with sales of 850 bbls at s2sffs2s 25 for Mess. ai.l
$19.75e520 for Prime. Beef is lower, with sales of SW
bbls at514.75e516 for re-packed Western, and $l6 2i j
$16.75 for extra Hess. Beer Hams are dull at $22. Bacon
is heavy with tales of 50 bbls at 14#015c for western
smoked. Cut meats are irregular at for
llami, and llellJv for shoulders. Lard is firmer, with
sales of OO tees at I4&0l5c. Butter U unchanged at
15019 c Tor Ohio; and 17 to 22 for State dairy Cheese
is dull at OtfcOX 6 *
ScoAßSare very heavy. Cuba is quoted
Refined is also very doll at nominal prices.
Collision of Vehicles. —A carriage, driven by
a young man named Andrew Hamilton, on Thurs
day afternoon, came in contact with a light vehi
cle, containing a lady and gentleman, in Passyunk
road, below Broad street. Mr. Hamilton' was
thrown out, the two vehicles were demolished, and
the hor3e3 slightly injured. When picked up, Mr.
Hamilton was found to have sustained serious in
juries in his side and on his head. was con
veyed to his residence by Lieut. Gilbert, and at
last amount* he wta not expected to recover.
25 ea. Passed.
50 es. 129*
100 ea. S 3
ICO ea. 85 V
100 ea. 65