respSss,., TifESpAYj September 20, ias7. In the name and by the authority of the Common ■ wealth of Penntyltiania, I, Jivss Pou-ocg, Gover ‘nor-of-the 'eaidGammoittbealth :V' ’, - -•- „ _ >. a i jSsii.: > ■ whereat, a sijrious linaucfal revulsion has 1 -oicurrci, resulting In the H'lisponsion of specie 1 raytneute bv theßanke of this and other states of.the. Union, 'and the fniluro or nmrir loug-t.'KtabinilK'dooni raMetalhottees/leadleg tothd rieetruction of eonticlenei 1 , ana to the general embarrassment ami depression of trade, and threatening to affect disastrously tho credit of the Commonwealth,- and the great inddstrlaTlnterestt of the'people: And whctetts;: an occasion go eXtrdSfdlhirjr requires prompt and ‘efficient notion 'to relievo an alarmed and suffering community: _ . Therefore,! .James Pollock, (ioveruor of the Com montrealtb of'POnnsyltania, -by virtue of the pos-ers conferred on mo by the Constitution,'do hereby convene the General AssOinbly of this OnininnhweuUb, and'tec quire tho members oft‘3o senate .and Honse.of Repre sentatives to. meet in tpeir respective houses in the capltol at Harrisburg, on Tuesday, tho lull-lay of Octo ber, X.DIS6T, at twelve o’clqck nt norm of that day, then'arid there to tsku Into consideration, and adopt each measures of relief fri the premises snthe present exigency may seem .to them in their wisdom to demand. In testimony whereof, I hare hereunto eet my hand, and caused tho great seal of tho' Commonwealth to he' offlxed, at Harrisburg, this,.fiSth. day of September, in the year of our herd 1801, and of the independence of' thttHblted States the.eighty-second,, by the Governor-' ‘ ' Aupanw; (r. Coktis, ~ ... m secretary of tho Commonwealth:. First rags.— Editorial, correspondence, go uernl news, arid miscellaneous. 1 rAaß.—Poetry. and « JohnofLan •aster/’ . . ’ _r MOVEMENTS 0 F THE PRESIDENT. llr. Bt'CHAyXji left Wheatland last evening, on route for Washington.He passed the night at York, 1 will leave early this morning, and will reach Washington,about 11-o’cloek to-day* The President-has had a quiet visit to his home, which ho has much enjoyed. He is in perfect health and hub spirits, and met his old friends .and neighbors .in his' cordial and hos pitablo •'stylo./'On. Sunday hti occupied his pew in the first Presbyterian Church, which hq has held for so 'many years. d THE CRISIS* It seoms to.bo gonerolly concoded .that this Is tho tjmo and now is the opportunily to ap ply a ; remedy, to our, banking' system. ,Tho evils wo suffer spring not so; much from the, banks'as from the unsound.principtys of bank ing/on which they rest.- Hew guarantees, 1 of no ordinary Character, and reitte-; diestbal shall not be an ’empty sound and A delusive, hope, are imperatively demanded. It is-not for-us, as journalists, to mark out a lino of action for the I Legislature to pursue. Butjwo canj nevertheless, advocate the policy, which our own past experience, the* qxainple and experietice of,'.sister States, and the wants andj condition oftho. public: at the present moment,"indicate’as sound and oxpodiont. The oonsldprations suggested by, tho prejent exigency !of ‘affairs relate to—lst, a clearing house system; '2d, a* sworn statement weekly (not yearly, as wo' now have it) of tho moans, and liabilities of; the banksBd, a law. to regu late, the proportion of-specie to tho amount, not 'Of mote circulation, bpt of thejdntire lia bilities ofthebanksy4tb,on increased, specie circulation, I>y abolishing' all notes under a certain denomination 5 ; aid, 6th; in due time, a rcore.radical ohango. in the while system'of banking than these few heads comprehend.' .These reforms'would go far, but we fear not far enough/fo prevent,itrecurrence.of a mone-. tary crisis like that which now exists. It would make pnblid; the information necossary for our.sifety, and required; tpo, by the laws of trade for its.own, successs and stability.' At present tho'actual condition of obf banks is a secret, confined to themselves with quite as much.watchfuiness is they now keep from their note-holdors and - depositors' the specie that is locked up hftheiiyaults'.l ; „,•> ~ Indeed, recent events have shown that our banks have no knowledge of, the. situation of cacti’ otbery and that tbey' git: no, information on tho subject until it becomes necossary for them to intervene to'sustain those Whoso mismanagement; ' to use/ the mildest,, phrase, has compelled ari appeal to them for support. Theseare erils of no ordinary magnitude, and the self-reproach with which wo contemplate them should be the inducement to, eradicate the causes by which-they have been produced. Wo' aro most anxteiis, indeed, to go farther, and we *sk ourselves, by/'what. means . shall note-holders bo protected, trad how shall dis counts bo regulated?, ... ... Shall wo, to 'a certain extent at least, require that State stocks shall he deposited as ,n secu rity for; flip payment in specie of 'the -notes issued by ;tho'.‘Kabks/,o> shall we 1 abolish all notes under the denomination of twenty dollars ? These are questions which ought to bo settled. But whether the evil of tin immediate reform of this kind ho hot greater than a temporary tolerahco9fthepresentissuos,isaconsideratlon that-mast give us pause.' However this may be, our people arommmmoua iufhvorbf some law to regulate the line of discounts to be allowed' to the customers of a bank. It caii nb jonger bo borne that one,marf, whether; i)om favor or for : profit, shali bo allowed to draw frbm a bank one hundred and flftythouiianddollars of loans, white the. morchant, jhe, njanufaefurer, the artisan,',is/restrlctod ,tb the nnaßest.'amoiint - of - credit. - The undue amount of accommodation given to thb/onb is just Vo much 1 taken from the, wants oif ,tjie others. ~If a speculator, for instance, can,by the aid of a bank, monopolise asinglo branch of trade,' whom docs ho injure .whilo he is enrich ing himself?; He injures the consumer (and among consumers the laboring man feels it the hardest and thosdenesty'by increasing the price of the article," He injures also, and per haps.drives out of business, thatother merchant of more limited capital, who; for the want of a' portion of tho" very accommodation that has been granted to'the/largo "operator, has been wholly unable to enter the market as a pur chaser.- - These facta,'which'we uso as illustra tions to our subject, canupt bo gainsayed. 'That tho practice is-wrong cannot be denied, and that tho evil, must boromodiqd is not the sen timent of a few who aro complaining from a sense of disappointment and injury, but the demand.of the ontiro.publta.. The, very stock holders/thpmselves should, require it, else they may .find too soon that their, stock will bocome worthless in thbir hands.;' At present the 'circnlation of/a bank is . allowed to bo .three times tho amount of tho bullion in its vaults. But this is not sufficient. It is.no security to tho depositors, and it per mits too great an expansion on too small a specie basis. ■ It is so obviously inadequate for tho redemption of the notes of a bank, that our special wonder is tliat such a principle'was ever tolerated, . This particular theme is fruit ful of. ideas, front which great profit might be derived. ■ Wo will not Attempt now to elaborate this subject, but wo ato inclined to think that so long as wo aro obliged to, havd banka, , tho rule should bo one-third of ono-fourth of specio to the amount of liabilities, they bo for notes in circulation, deposits on hand,' or otherwise. / This limitation would always afford security to tiie noteholders; and thoy being secure, thoro could be no,«runs” on. banks, and therefore no suspensions, whilo depofiitors would hot tako alarm so tong as the note holders remained satisfied. THE PENNSYLVANIA STATE AGRICtJL . TURAL SOCIETY. Tillsls the first day of the so vonth animnl exhibition of tho Pennsylvania, State Agricul tural Exhlblfiob. The society has secured the ample grounds at FpweJton, West Phila delphia, and wo aro .assuredthatevery arrange tnont hasbeen mado for, the - accommodation ot visiters, and for v tho display of the .various evidences of agricultural, mechanical,’ and manufacturing skill; The exhibition will last from to-day, the 29th of September, nntilFri day, the■ kd .'of October.r The weather is so gonial and healthy, and thecity so crowded with attractions,*, aud the so ample, that i?e ’ have no doubt large* crowds will bo ■present. . \ *' ' ; ; a. goo» sudGEsxiprt. [For The press. J .. < It iipmd that the Governor has issued a procla mation for an extra session of the: Legislature: . If this i& so, it mnyinduce hasty and injudicious legis lation, as their tsesalonmust close onthe-12th of Ootoberi There are rumors' afloat that the objeot of this extraordinary session Isto* legalize the sue-' pensiari of spooid payments by thobanks, and ’ thus roliovo {hßm from tbo forfelthre' of.thotr charters. £ do Question, but I sag goat ih'at it ihoh.&'fiw If pMsetl the following pro vision''Shouldbe,.xnajlp Y.-_ ‘/ Provided,., ifa th • notes sfcge/4; or. fetojo.it fa (lenminfitfat of twtnty.d<iUsrs t :Qp4 sfalnoi hereofteristtu any notes ■-than‘:tioeriiy THE NEWSPAPERS AND THE PRESSURE. It is instructive to observe the various opinions expressed by papers of differing po litics in regard to the panic. The general sen timent, oven among the most conservative, is that drastic restrictions ■ and thorough reforms sro inevitable; and it is a' notable fact, as will bo seen by the subjoined extracts, that Honm of the journals, which may bo supposed by tra dition and inclination committed to paper mo ney, are now looking to other remedies. It is self-evident that tho entire system of currency, founded on credit and debt, is In what may be" * # transition’ 5 state. What will be tho Result ~ wo do not pretend to prophecy. The immediate t consideration is the re lief of * the cdmmunlty— tho ' protection of thousands who hold tho notes of banks, and are dependent on their daily toil. Even in provid ing for them, however, mere expedients will not be tolerated. The public mind is looking beyond tho present, into the future,and no re medy will be acceptable that is not based upon sound business principles. The fact that New York, though compelled to do it by State law, steadily maintained, during yesterday, tho pay-, meut of specie on her notes, somewhat in creases this feeling in our midst. Tho charge that it is the practico of Philadelphia to run into suspension on the first approach of a panic, however unjust it may be, has awakened the chivalry of our people, and makes them eager to be worthy of themselves. We are the metropolis of a State with mineral resources which should alone protect us from such a' calamity. But, without far ther comment, we give the, various and con tradictory views of the Philadelphia aud New York papers.* , {From tho North American of yoiterd&y.] We are authorized to announce that Governor Pollock has determined to convene an extra session of the Legislature’ on the 6th of Ootober, in re sponse to a general sense of its neoessity, arising from the suspension ef speoie payments by the banks and the pervading derangement in business affairs. Under the peculiar stringency of tho bank ing laws of this State, even the partial suspension Which has occurred is attended by penalties and by consequonces whioh, unless promptly relieved by the power from, whence tho charters are derived, would spread distress and ruin, not only through this oommunity, but through tho whole State. ■Prom, the nature.of oar system of credits, the in terests of tho banks and the peopleware so intimately interwoven that, at a time like this, they oould not ■ be rudoly separated .without inflicting permanent injury and increasing the effects of a disaster ’Which, with prudence and sagacity, maybe stayed so ns to be but temporary. In View of the exist-, ing condition of things, thore was no othor resort but that which,' after some reflection and a frank interchange of opinion with man of all parties, bos been adopted os the wlSestand best, and it oannot fail to oommand the most intelligent approbation everywhere. So long as the banka continued to redeem their circulation, as they have done notwithstanding tho suspension,' it was obvious that tho notes they called In would nob be re-issued, and consequently ' that tho community would be subjeoted to an in vasion of inferior ourronoy from neighboring States, for tho ordinary wants of daily life; thus not only depriving our- own banks of their legiti mate business, but introducing the bills of foreign banks, without any guarantee of thoir solvency whatever, and with wmch tho people at largo have no familiarity. The practical effoot of suoh a polioy would be a oomplete suspension of all largo transactions, and a virtual liquidation of our hanking institutions, besides imposing anon tho laboring ol&taes, who aro least able to bear the burdoD, serious losses for discount upon a depre ciated onrrenoy. The calamity which has visited us is undoubtedly serious, bat it boars no compari son to that whioh was witnessed twenty years ago, and'whioh was occasioned mainly by an inflated ourronoy without any actual baas. Thore is not only no good reason why we should succumb to the shock, but there is in foot every roason why, after estimating our true position and resources, and the substantial products of the whole country, we should at once reoorer from it with renewed re liance and energy. . The first step, then, is to re-establish that confi dence and credit which have been prostrated for a time, under tho paralysing effeotsof a monetary pressure extending through all the commercial cities. This oannot be done whilo the banks are compelled', in self-defence, to contract thelr oirou lation and to refuse 1 discounts. Rolief is impos sible,' so long as' banks' hold their present relations to the community, until they aro protected against legal penalties m the effort to afford it. Hence, wo repeat, it .was proper to oall the Legislature, and there is but one voice in tho judgment', that disabilities may have been inourred by this suspension should 00 immediately released. Tho proposed relief is not for the banks as corpora tions, but "for the people at largo who adopt banks as the depositories pf their money, and who use bank notes m the trantactions of trade. It is therefore distinctly for the benefit of the commu nity that this measure has been suggested, and wo hope it will he accepted in that spirit only. In this crisis the banks necessarily occupy a delicate and responsible position, oqo whioh may be attended with great advantage or injury, as its Influence shall bo exerted, we suppose it to bo true that here, as elsewhere, these institutions, just like the merchants,' are in a greater or less degreo offcoted by the stringenoy, aftid that some have been fortu nate enough to prepare for the storm moro effi ciently than others. White this is so, we all know that no banks in the Union are ‘ ready to answer a concerted demand for specie, by both bill-holders and depositors, just as no set of individuals are equal to any suon exaction in a scale of millions. They Have done what we have all done, and ex ceeded their immediate means. It daesnot,become as or others to lay tho ohorgo to one bank or another, in this city, or New York, or elsewhere. While they were declaring good dividends, stockholders woro shtisfiod, without inquiring the sources of por oentage. ■ Thoy were hurried on by tho same our ‘ rent fiat swept over the whole country, and are no more adswerable than the millions of men in the North and Sodtb, East and West, who oonslgued thoir fortunes upon its swift Burfaee. Under suoh qi roumstances,-it is our interest, as it is our duty, to give and reoeive that confidence whioh will re vive desponding hearts and circulate fresh blood through, Oil the aTtones and voins of trade. [From the PhUadelpbiaTnquirer.) * The necessity of unanimity among the banks is so apparent, that it would seem supererogatory to urge suoh a coarse. They should aet together in one spirit. Tho impression prevails outside that hdretoforo tfcero has been loss harmony than was indispensable under tho cirouinstancos. Wo aro disposed to stand by these institutions, because we feel that thoy aro to a certain extent interwoven with tho.oommon welfare and the general pros perity. But in order to desorvo ana reooive tho sympathies of tho peoplo at the present juncture, they must avoid disagreeing among themselves, and sacrifice all merely personal considerations for the publio good. Wo trust that such a day as Saturday lost will nevor occur again. Tho suspen sion was intended as a measure of relief, but no re lief was affordod, and it'only m&do the confusion and disordor worse. Wo are awaro of the resikm sibility imposed upon some of our banks by exist ing laws, But the ofßoers should be prepared for foal weather as well os fair, and remombor tho eondition of many of their.ouetomera. Again wo urge Unanimity of notion, and a more liboral poftoy generally) Considering the many difficul ties that were labored under at the close of the week, all olasses—and.employers as well as the employed—conducted themsolves with commond able patience and propriety. They woro perfeotly willing to submit to the inconveniences of suspen sion, 'bat thoy were not prepared for the added dis advantages of tho non-receipt of even bank notes, Lotus hope that this trouble will be corrected im mediately. T , . [From the Philadelphia Horning Times.] Tux Suspexsiox of tub Banks.— lt is stated ip one of our Sunday contemporaries that the Gover nor designs to call an extra session of tho Legisla ture, for the purpose of legalising the suspension of tho bonks throughout the State. Our own pri vate advices aro to tho some effect. This oall will, however, dopond upon tho advice of tho Attorney- General. There seems to bo a general desire prevailing,, both in banking .and business oirolcs, that some remedial measure shall bo adopted, and quiokly too, relative to tho finanoial distress now prevalent throughout tho State. It seems to be generally conceded that if a law was passed by tho Legislature authorising the banks for a short tlmo to pay their own notes at thoir counters, instead of compelling them to pay gold and silver, there would bo instantanooas reliof felt In overyolrole. If ibis idea be founded on correct principles, then the Governor should at once issue his proclamation, ond’tho Legislature should convene under h!» call, and pass suoh a law as that suggested. Another reformation whioh most bo introduced into,onr system of banking, is the elearing-houso system now prevailing in New York. The oonstant publication of its proceedingsbnlightensthe public as to the actual condition of the banks. This, taken In connection with tho publication of weekly , statements of the condition of loans, deposits, cir culation, and speoie, keeps tho community informed regularly of all thftt is transpiring. The commu nity can then see when expansion or contraction is going on, and govern thoir action accordingly. , luthis State our banks only afford statements , oqoq a year. Thoy are obliged to furnish them to the Auditor-Goueral, and ho in turn givoa them to the Legislature, Through this medium thoy find their way to the publio. Suoh publication is evi dently inadequate. Tho Now York syatow ii far more preferable. But wo would have another evil remedied—an evil whioh has prevailed to an alarming extent in this city, and wo presume over all tho Common . wealth. We refer to tho practico of our banks in 1 discounting to broken or. professional money' > .shavers whatever form they assume or under whut -1 ever name known. It has boen 01.0 of the great causes of our present financial troublos. Itb&sen gondorod a moro intensely bitter fooling toward lose banks whioh havo practised it than any othor ono cause. . ' We have now a law whiob forfeits thochartor of any bank whiob, operating through this class of-men, sends its papor into the street, and shares in the nsurious interest thus obtained. But we desire to prevent the loan of money, by war of discount, to any biokor by any bank, eren wnero it ]3 On innocent party to the Bhylook tariffs which usurers exact.' They should, iti every such owe, be subject to a heavy forfeiture or penalty. Banks are created to assist tho community in Us legitimate business wants. They are not char tered to afford facilities for usurers to fleooo ft com munity, by watching its necessities and taking advantngo of them, we do not intend to bo un derstood as saying that all oar banks have fuvorod loans to brokers. Upon the contrary, wo boliovo that most of them have done a legitimate busi ness, Those who have hot wilt reap a rioh re ward for their treachery to the business com munity. [From the Public Ledger.} It is muoh to bo regretted that a better under standing has not oxisted among the banks of this city,eo that there might hare boonooncert In notion. On Friday evening, at the adjournment of the con ference of bank presidents, U was understood that there woold bo a total suspension of tho paymont of speoie the next morning. But what woe the action of the banks when Saturday came? gome of them opened with empty counters, not,a coin to be seen, and paying nothing | others paying their hve-d°l‘ Ar bills, and the Bank of North Amorica, Mechanics’ Bank, and Tradesmen’s Bank paying all of their circulation offered; the payment of deposits being refused by all: In tho face of this trantof unity the excitement of the previous day wm revived, and a general and very spirited run THE TUESDAY, SEPTEMBER 29, 1857. was kept up on all the banks the greater part of the day. There was another meeting of bank presidents on Saturday evening, but wo do not know that any fixed course of action was agreed upon. The redemption qf tho circulation by tho banks is pretty conclusive evidence that thoy do not mean to pay it out again; and as the law re quires them to discount only on thoir own bills, it would seem to be settled that tho suspension can bring no increased accommodations to tho business publio* Thoy oannot discount, but will proba bly agree to mark “good” cheoks on their de posits, whioh will be reoeived by tho other haulm In payment of notes due them. Marked chooks in a short time must bo the only speoios of our renoy emanating from the city banks, and na these will gradually losscn as they arc used in tho liquidation of loans, the stringency in tho monoy market will inoroaso. It was a fallacious hopo on tho part of those merchants who urged a suspen sion of tho banks, with tho idea that it would afford relief to tho money market. Independent of the stab whioh tho not inflicts on general orodit, as a financial movement its effect will bo tho very opposite of that hoped for. Notes falling duo may be extended on tbo payment of a per oontago by marked checks, but this will give no tone or energy to business, and trade must continue to flag so Jong as suspension is maintained. In busi ness, as well as in morals, Philadelphia, until re sumption, will ocoupy but a secondary position to any point or city the fcrado of which is based on coin. {From the New York Ilerald,] Many of tho banks in Pennsylvania, Maryland, ► and elsowhoro havo boon compelled to bow to tho storm and to suspend Bpoole payments. This was no more than was to bo expeoted from tho charac ter of those institutions. No banks oonduotod on ronlly sound and oorrect principles will find them selves rodeoed to this necessity. Tho banks in Philadelphia have not, us a general thing, sus pended specio payments, nor ‘ aro they likely to do so. Tho old Pennsylvania Bank was com pelled to resort to this step, bocauso it was staggering under tho burden of former diffi culties—some of thorn created as far back as twenty years ago—during its oonneotion with the United States Bank. Tho attempt to induoo the Governor of Pennsylvania to oall an extra ses sion of the Legislature to relievo the defaulting banks from tbo penalty of tho forfeiture of their oh&rtors, will fail, beoauso the directors of those institutions oannot agree amongst themselves as to its necessity. The effort, no doubt, originated on the part of a few rotten concerns, which sook to bolster themselves up by a proceeding wearing tho appoaranco of a measure of general safety. Why should the Legislature bo called upon to grant thin relief? It was precisely to provide against suoh an emergency as that in whioh tho banks now find themselves that tho law was passed whioh it is sought to repeal. The faot that thoro aro banks now seeking to pot rid of it is proof that in Phila delphia, astolaowhere, tho banking system requires a periodical weeding out of its rotten and worthless members. Let all suoh ooncerns go by the board, wo say; their ©xisionoe is only a sourco of danger and embarrassment to tho oommunity. ,The position ooeupied by tho Now York banks In this onsis is an instructive example to other States. Here, notwithstanding tho sevore character of tho pressure on tho mercantile community, there is nothing like the panic whioh prevails in Phila delphia, Baltimore, and elsewhere. Tho roason ef this Is, that we know our banks to bo sound, and that wo feel that thero is no danger of thoir being driven to the necessity of suspending speoie pay ments. The bill-holders beingsecurod by statutory provision, and tho weekly condition of these insti tutions being within the cognizance of all. no latitudo is left to mismanagement or dishon esty, to produoo tho distress and oonstornation which aro rosulting from the suspension of tho banks in Pennsylvania and Maryland. If no other benefit be derived from tho storm whioh is now pu rifying tho financial and commoroiul atmosphoro than that of demonstrating tho superiority of the system on whioh tho Now York banks aro con ducted, wo would hold it cheaply purchased by even a greater extent of suffering than that through which tho mercantile oommnnity is pass ing. It constitutes an olomont of safety for the future in tho necessity that will bo felt for its moro goneral adoption. [From the New York Tribune.] Tho Governor of Pennsylvania is urged to oall an extra session of the State Legislature to legalize (in effeot) tho suspension of speoie payments by tho banks, and thore is groat roason to'fear that the pressure upon him from all sides will provo suo oossful. Ir it does, wo shall regrot it, and wo think the Governor will live to regrot it. In say ing this, we pass no judgment on the sufficiency of tho causes whioh havo induced tho deplora ble condition whioh the Legislature is to be called to remedy. Wo freely admi; that a suspension of speoie payments moy flomotiinca bo inevitable, and that tho necessity must plead its own justification. Wo cherish no fa natical devotion to speoie, and realize that banks whioh do not and oannot pay it may nevertheless bo, in a oertain sense, solvent, and that thoir ope rations may benefit the community. Wo do not re gard convertibility into specie as essential fo tho utility and soundness of a currency, provided it be convertible into somethin? which has a definite and iudubitable value. If a ten-dollar bill would unfailingly buy as much food, fuel, clothing and other material goods, os ton .dollars in specio, or oven as nine dollars and ninety cents in coin, we could endure it, and perceive some compensations and advantages resulting from a dispensation with the usual requirement of convertibility on demand. The obvious mischief and pom of a state of legalized suspension is that you oannot toll where it is to end nor whon the bottom is reached. In our State, save in the oase of half a dozen chartered institutions which this squall will noarly finish, tho publio know that thoro is security for the banks’ issues in tho State's strong box if not in thoir own vaults. In Pennsyl vania and most other States convertibility into specio is about the onlv touchstone of v&luo. If a bank’s plain premise to pay ton dollars in coin for one of its notes does not mean what it says, it is very hard to say what it does mean. It may mean nine dollars in specie to-day; but who can say what it wili moan to-morrow? And whatpraoticalchook will sound and good banks have on tho other sort under a logqltoeifsuspension ? Wo trust, therefore, that no extra session of tho expiring Legislature will be oalled, but that the whole matter will bo remitted to tho now Legisla ture, to bo chosen a fortnight henoo. Let that Legislature be oallod togotber in advanoo of its usual timo, if necessary, and lot it enaofc that all the banks whioh shall truly and fully resume spe cie payment,on or before the Ist day of January next, ana noneothers, shall bo oxemptedfrom tho penal tiesthey may havo incurred by suspension. Suoh an act, wo think, would havo a salutary effect; but ono legalizing the suspension, and. in fact, perpetu ating it, would do incalculable mischief. At all events, leave tho matter to those whom tho people, in full view of the foots, aro about to choose as thoir legislators. No Bnap judgment. Since the above was written, wo aro advisod by telegraph that Gov. Pollook has yielded to the pressure and docidod to convene the old Legisla ture. It does not by any means follow, howevor, that he will recommend a perpetual indulgence for tho suspended hanks, nor that tho Legislature would grant it if ho did. Let whatevor is done look to and stimulate speedy resumption, and not favor in definite suspension. THE CLASSES THAT DEMAND PRO. TEOTION. If it were possible to separate tho banks from those who hold their bills aud who have deposited with them their means, candor con strains us to say thoro would not bo in this community tho slightest sympathy for these in stitutions. They would bo suffered to go into liquidation by acclamation; and why is this so? It is simply because, for years past, almost overy bank has boen used, moro or less, for tho bonofit of a few, or for tho boneflt of itself. When monoy was required by the trading com munity—by tho merchant, tho mechanic, tho manufacturer, and business men generally— in times of scarcity or pressure it was not forthcoming, but whon money, or the repre sentative of monoy, was plenty and choap, theso institutions were only too glad to obtain customers who would use it. These are facts which will enter largely into tho consideration of tho bank question within a short timo, and whon the now Legislature assembles. But be cause they aro facts, let us not, in our just in dignation at tho retrospect, forget the honest debtors and creditors of these institutions . These classes must bo protected. For all practical purposes, as we stated yesterday, the banks of Philadelphia and Pennsylvania havo suspondod, and thoir charters are forfeit. There is not a citizen in this community who does not hold in his hand tho charter of ovory ono of tho banks of this city, provided ho chooses to tako tho steps necessary to onforco tho law. These things show that the banks aro in a great measure protected from tho rc sontment of a disenchanted people by reason that and thousands of men aro In volved in their operations. Our duty, however, at tho present, is to abate the sufferings that afflict tho whole community. It is for tho banks and those whom they ex pect to control at Harrlsbuig—it is for Gov ernor Pollook and those whom ho professes to load aud represent—to say whether thoir “relief if measures shall moot tho satisfaction of our citizens or not. Lot the legislators re member that outside of themselves and tho banks, thoro is an immense body of men who will decide on their doings upon thoir sheer merits, and who will bo most certain to con demn any legislation if it should bo dictated in a spirit of indulgence to defaulting cor porations. Pennsylvania Inquirer appeared yes terday in a suit of beautiful now type—another evidence of tho dosorved prosperity of a paper which has sought and found independence and success by fairness to opponents and fidelity to friends. PUBLIC AMUSEMENTS, At the National Theatre, lost night, Mr. Mur doch mode his first appoaranoo in this, his native city, since his return from Europe, where ho achieved a remarkable and deserved success. Ear quhar’s comedy of“ ThoTnoonstant,” properly and ably cut down to a throo act piece, was played, with Mr. Murdooh as Young Mirabel, Tho greoting las ted at least live minutes,and tho play was admirably performed. The best scenes wero in tho last act. whore, boset bv Lamorc* and tho ruffians, Mirabel has such a difficult card to play, and tho conclu sion, whore, with hysterioal joy, and real repont ance, he admits his errors, and surrenders at discre tion to Orian-a. Mark Smith was a capital Old Mirabel. At tho fall of the onrtnin, Mr. Murdoch obeyed a goneral call, appeared, and addressed tho audionoe, warmly acknowledging his senso of their kindness, and expressing bis satisfaction at the continuance of their regard and fhvor. Ho porforms Hamlet this evening. A very peculiar and pleasant farce, by Mr. H. Watkins, stage manager here, was tho ahorpiece. The outhor-aetorkept the audienoo in a roar, nil through, as a victim to dyspepsia, trying various doctors, and perpetually changing them. In this ehorfteter alone. Mr. Watkins would have established a reputation In eccentric tomedy. PROSPERITY AND PANIC—No. 6. New York, Sept. 28, 1857. Tho difficulties in Pennsylvania, Baltimore, and other places south, served to augment the soaroity of monoy in Now York by renewing the fears of lenders. Tho pressure, however, is less, bocauso offootive domand is less. It is to be borne in mind that tho banking institutions are no longer the sole sourco for the supply of money either in New York or othor eltied. A largo private banking business has of Into yoars grown up which has an important influences upon monoy affairs. The amount of oapitnl so employed has been approxi mated in a return of the Treasury department. Tho figures aro as follows, compared with tho cor porate hanking capital: BANEINQ CAPITAL, Corpora ted. Private. • Total. Baltimore ....511,202,000 $5,600,000 *10.802 606 Philadelphia., 14.843,000 25,000,000 39,843.000 Boston 31,900,000 20,060,100 42,026.100 New Y0rk..... 02,859,135 41,500,000 10t|359,135 Tho private bank capital for tho whole Union is given at $118,000,000, and tho oorporato at $343,. 874,272, that is to say, tho private capital is one fourth the whole. It is also the ooso that in ordi nary times of oonfidenco, a groat deal of money is loaned from onemorcantilo houso to another. This amounts to considerable sums whioh aro not era* braced in tho enumeration of banking oapitnl, but which actually compote with it. There is also a groat deal of money employed byretirod morohants and othor capitalists in buying business paper of that class which docs not go in bank. That is to say, all notes over 00 days, and this capital is em braced under neither of tho other heads. It is obvious that this system of private banking which has become important only of late years, is ns powerfully affected by panio as is the corpo rate capital. Hence, whon under tho influence of tho present alarm, tho corporations refusod to lend all private sources dried up also. While $13,000,- 000 has actually been paid into tho banks, the ordinary sourcos of supply have failed. Tho faot that in this state of affairs very fow important failures have taken place, ought to bo the most convincing evidence of tho entire soundness of general busi ness, aud tho baselessness of tho alarm whioh has done so much mischief. At the date of the old bank suspension in May, 1837. and whioh occurred almost simultaneously in all parts of the Union, tho difficulty was, that tho banks could not curtail —>-that is, they oould not got tho dobts duo tbtm paid. In January, 1837, tho bank loans of Now York State were, at tho highest point, $79,313,188. With tho utmost effort to get their moans, they failed in May, with a discount loan of $74,057,001). They had in four months been unable to get mtfle than $5,000,000 paid, and thoir speoio in the same timo foil from $9,500,000 to $3,000,000. The mer chants who owed tho banks at that time had sold their goods all over tho oountry to people who had produced nothing in return. Land ownors in Mi chigan woro eating Russian wheat. If weoontrest such a state of affairs with what now exists, wo find that the bAnks havo oalled in $22,000,000 in four weeks, and their specio rose from nine and,a half to fourteen millions in tho samo time. From the Ist of January, 1837, to May 1,1838, whon the Now York banks resumed payments, they made tho most strenuous efforts to got their discounts paid, and it may bo useful to see tho monthly movomont: MBW TORK BASK LOWS DUBISQ 803F83810H. Jan. 1837 *39,e05,43t Dec. 1837 $30,324,216 Juno “ 38.484,214 Jon. 1838...... 81,206,101 July “ 37,724,632 Fob. “ ...... 31,137.5* Aufj. 80.083,076 March** 80,194,662 Sept. “ 35,308,245 April “ 30,720,663 Oct. “ 33,723,576 May « 23,220,648 Nov. “ 31,077,560 Thus, tho utmost efforts of four months, to May 1837, only roduoed tho loans ono and a quarter millions. Under those oirouinstnnoes a convention of all tho city banks presided over by Mr. A. Galla tin, described tho causes of tbo suspension cs fol lows : Tho simultaneous withdrawing of the largo pub lio deposits, and of excessive foreign credits, com bined with tho groat and unexpected fall in tho prioo of tho principal articles of oxport, with an import of corn and breadstuffs, such as had never before oocurrod, and with tho consequent inability of the oountry, particularly tho southwestern States, to mako tho usual and expected remit tances, did, atone and tho same time, fall princi pally and nooossarily on the greatest oommeroial oraporimn of tho Union. It is useful to recur to these circumstanoes only to contrast them with the present immense strength of tho commercial community. Tho public de posits referred to in 1837, were $8,000,000, due tho articles which woro demanded and paid. Tho Government is now daily furnishing tho banks with gold instead of drawing it. Tho great strength of tho Now York banks, and tbo aotivity of thoir loans, roust be ascribed to a considerable extent to the system of clearings, which has operated sinco 1853, and in Boston during the last two years. Tho first operation of tho system wont very hard with the woak banks, but compelled theib so to om* ploy their funds that they oould always meet tho balance against thorn at tho clearing house, whioh bus operated in connection with tho Bub-Treasury system os a “ regulation” far moro effective than did over tho late National Bank. Tho olearing house has compelled oaoh bank so to proportion ita movomont as to avoid a debtor account whioh would require spooie, while 4hMVcb- Treasury has contracted tho goneral movement by requiring speoio from tho large banks in propor tion to tho inoroaso of imports. Underthis doablo action, tho banks have kopt their assets so aotivo ns to havo them entirely within thoir control. A more stopping of discounts for sixty days would giro thorn thoir whole ossots. At Boston a similar system has prevailed; but in Philadelphia and Baltimore it has boon strenuously resisted, and the results aro seen in tbo inability of tbo banks to moot a pressure which those of Now York sus tained with ease. Tho assets ot tho New York banks are baeed upon tho indebtedness of the in terior, whioh pays up reasonably well, and the banks being now strong, aro in a position to carry over tho heavy payments of October, and the lapse of timo places all at case. Tho general position of Now York to other cities is the samo os a largo city bank relatively to tbo other oity banks at the oloaring house. Having curtailed vigorously, It has become tho creditor, and those oitics whioh havo not gauged thoir bank credits by tbo samo rulo of prompt settlement, enoounter disaster. The safety of Boston is, that she followed promptly tho New York oxample, and tho lesson will probably bo fruitful olsowhoro. There is a class of roasonors who are determined that thoro shall bo ft vory largo advorso for eign trade to aooonnt for tho prosont panio. Thoy urge tho oxlstenco of tho panio as a proof of tho imports, and when it is shown, from of fioial figures, that thore has been no excess of im ports, it is replied thon, “ tho existing pressure is all ndolusion.” ' Wo showed, rcoontiy, that in the throe years ending with 1837, tbo exocss of imports, including specie, was $113,000,000, or thirty por cent.; and that in tho last throe yoars tho excess of oxports has been three por cent. To this it is objoot ed that a part of thoso oxports has boon apocio, tho product of tho mining labor of 200,000 Califor nians, and, therefore , we owe tho balance in our favor. This is a system of reasoning a little strange. Beoauso we bavo paid our debts in specie, there fore wo aro hoavily in dobt! Lot ns review thoso figures. The import and oxport of epooio for the throe years onding with 1837, with tho production of tho United States mines was os follows: U. 3. Import. Export. Production. .$13,131,447 $0,477,775 $093,600 13,400,831 • 4,324,330 467,000 , 10,516,414 5,076,240 282,000 37,048,742 10,776.350 1,447,600 Tho spocio movomont for tho three years onding 1857 is as follows : U. S. Import. Export. Production. $3,039,313 $50,247,313 $19,100,100 . 4,'207.032 45,745,495 47.878,441 .12,401,793 09,130,022 40,101 000 1655.,,,,,,, 1856 IS&7 20,329,213 171,129,750 143,079,641 This is tho aotnal prodnotion of gold only in tho United States mines. Thus, for 1853, California producod $47,500,411 ; Oregon, $10,750, and tho Atlantio States, $328,280. Now, if there is any roason why that production of tho gold minos should not go abroad, ns woll os any other surplus commodity, it does not appouron tho surfaoo. Tho nature of gold exported in the lost throo years was as follows: Total Foreign Coin. Bullion. Domestic, Coin. 1855.. $10, 842,423 $£4,114,095 $53,013,418 $2,290,125 1850 ...15,458.337 28,080,040 44,148,279 1,698,200 1857.. .29, 077,343 30,101,200 60,078,352 9,058,070 Tho domostio bullion is bar metal, liko bar iron, and it Rolls in tho Now York market at i discount, bocnuso it is not in demand for tbo manufacture of money. It goes abroad aa material for rnonoy thoro. Tho gold produood and importod from 1650 to 1857 was as follows Produced Imported This quantity has boon tisod as ourroucy,aud tho surplus was exported, in tho last throo years to an oxlent oqual to tho production. Wo also exported in the samo time $703,941,145 of merchandise on which froights and proiits are fully 20 per cent. Tho gold and tho merchandise together formod a sum exceeding by $28,072,296 tho sum of tho im ports. To this add $150,000,000 froights and profits, and tho totnl forms an oggrogatc of nearly $180,000,000 in three years, out of which havo boon paid all contingencies of interest, do., loaviug tho trado a balanoo in our favor, as is now ootaolly tho enso, sterling being sa7i or 2 a 44 per oent. under thoarfK/rf par , with arrangements alroady mado to import gold from England, and which will como in largo quantities dur ing tho coining winter. But, says our contem porary, if tho figures are eorroot, “the panio is a delusion;” and thoro he is much nearer the truth. Of ail tho panics that over swept ovor tho oommorclal world, thoro has probably never been ono so baseless as the present ono. With tho utmost abundanoo of wealth, a surplus of money, and tho foreign trado in our fAvor, tho usual sup plies of money have boon out off by the most do lusivo foars, a genornl distrust of all obligations. Tho reservoirs of money boing closod, tho usual eourcei of supply driod up by tack of confidonoe, tho resulting straggle for money enbanoes the fright of those who caused it. If dealers in flour had monopolized all in the market and refused to sell a barret on any terms, and should then appeal to tho publio distress mystification of their coarse, it would hardly bo thought sound reasoning, yet this seems to be the ease with the money supply at this moment. Tho state of affairs In New York is Influenced by the fears that are entertained in relation to the Qoto* her payments of the dry-goods houses, but the searo understood now to bo mostly oared for. Tho Now York weekly Bank Statement is as follows : . «« *<■.« Specie. Circola’a Deposits. Aug.29..5110,580,019 $9,241,870 $5,871,060 $84,812,888 Bopt. 19.. 108,717,421 13,650,186 8,073,801 76,772.774 Sept.2o.. 107,791,483 13,827,095 7,838,303 78,316,611 Deduction $926,988 $223,091 $235,493 2,467,163 Tho position U ono of increased strength, and tho difficulties at tho olearing-houao have all sub sided. Tho loading bank officers have aonouncod tho opinion that thoy will bo ablo to resume dis counting for tho Ootobor payments. THE LATEST NEWS BY TELEGRAPH. FHOsTwASHINOTOJi. [SPECIAL DRSPATOn TO TUB F8899.] Bank Buspenslont-*School Land*-.Census of Minnesota, Sec* Washington, Slept. 28.~Notwitbstanding tho bank suspension! to-day, thore is no panic. Everybody de sires to do everything to restoro confidence ouce ugain. Tho General Land Office has just issued the following circular to laud officers in tho Territories of Minnesota, Kansas, aud Nebraska: “ By the Joint resolution of Congress approvod March 8, 1857, valid pre-emption claims on tho 10th and 30th sections, heretofore reserved for schools in tho Territo ries of Minnesota, Kansas, and Nebraska, will bo re cognised, where the settlement has been or may be made prior to the survey. “Ist. In cases where the approved plat of surrey has not yet been returned, the declaratory statement must be filed within three months after the receipt of such approved plat at the district office “2d. Whero tho plat is not in the Register’s offico, the declaration must be filed within throe months from the Jinal publication of tho circular in your land district. A fallnro to comply with this requirement will work* forfeiture of the claim.” The land officers in tho Territories above mentioned, Upon receipt of this circular, are required to cause its Insertion In a newspaper of the meat general circula tion in their respective districts, once a week for eight successive weeks, and to send to the Land Office a copy of the newspaper, showing tho date of tho first publica tion, as that will be tho period of timo by which here aftor tho offico will bo enablod to tost the validity of pre-emption claims, so* far as the declaration is con cerned, of the class falling under the second head in the circular. Tho Secretary of the Interior lias received a letter dated St. Paul, September 21, from the United States marshal of Minnesota Territory, in which he states that ho ia now busily engaged in making arrangements for taking the census of that Territory. Assistants havo been appointed, and the necessary papers prepared. Tho work, however, will bo one requiring much time and labor, as many of tho counties are of great extent, and very sparsoly sottled. The Secretary of the Interior baa concluded an ar rangement by which the Government has purchased, for tho sum of $105,000, contingent upon the approval of Congress, tho Boston Masonic Templo for the use of tho United States courts X. Y. fSPROIAL DH9PATOH TO THB PRHSfI.] Middlhtown, Pa., September 28.~-Tho Bank or Mid dletown passed a resolution to-day making thomselvo individually liable for all their notes. The combined wealth of the board of directors ands cashier Is about a million of dollars, and thoir circula tion is less than two hundred thousand dollars. FOUR DAYS LATER FROM EUROPE ARRIVAL OF THE STEAMSHIP JURA. LATER FROM INDIA. DELHI NOT FALLEN. MORE FIGHTING. RE-CAPTURE OF CAWNPORE—DETAILS OF THE MASSACRE. SELF-DESTRUCTION OP NENA BAIIIB AND HIS CONSOLS 90* Bt. Jonx’B,N.B.,Bept.23.—TheCunard screw steam ship Jura, chartered by tho British Government to con vey the 76th regiment to England, arrived at this port at 9.40 A. M. to-day She left Cork on the 17th Instant, five days subse quent to the Canada’s departure from Liverpool, and sbonld have brought four days later news from England and the Continent. The only paper ascertained to have been hronght by her, however, ia a copy of the Cork Examiner of tho evening of the 16th, which contains very little news. Tho screw steamship City of Washington, from New York on the 3d inst., arrived at Liverpool early on tbo morning of tho 76th. Paris, Tuesday night—A despatch from Berlin an nounces the arrival of the Emperor Alexander yester day noon. The cholera prevailed in Hamburg, and out of 239 per sona attacked, 130 hod died in eight days. At Arslan more than two hundred porsoni had died. The disease was also prevalent at Stockholm. The Persian Government, through Feruhk Khan, haa ongaged twenty French officers to proceed to Persia In the capacity of military instructors. A despatch from Jassay. received from Yienna yester day, states that nine-tenths of the lauded proprietors and clergy have taken part In tho Moldavian elections, and that a majority voted in a sense favorable to tho Union. INDIA. Tbo Bombay portion of tho Indian mall had arrived at Marseilles, and was expected to bo delivered in Lon don at about mid-day of Wednesday, 16th. Bombay advices are to August 14th, and the news from Delhi to July 29th. Sorties wero repulsed an the 14th and 23d July, with great loss to the rebels. Fire hundred men wero killed and wounded on the side of tbo British. From the 23d to the 29th there was no fighting. Tho Neemuch mutineers had arrived at Delhi. Brigadier Nicholson was expected at Delhi on tho 16th of August, with re-inforcemeuta from tho Funjaub. General Read had relinquished his command to Gene ral Nicholson, on Account of 111 health. Gcnoral Havelock occupied Oithoor, on the 17th of July, without resistance, and captured thirteen guns. Nona Sahib escaped. On the 29th July the British defeated 10,000 men on the road to Lucknow, aad captured fifteen guns Their loss is not supposed to be great. The butcheries at Cawnpore have been confirmed. General Havelock was at Lucknow on the 30th of July. The throe reglmonts that mutinied were dispersed by the 10th rogimeDt. Calcutta aud Hyderabad were'quiet on tho 14th ol August. Brigadier Stewart arrived at Mhow on the 2d of Au gust. Halklar remained faithful. From Bombay, H to stated that the mutiny of the 27th regiment at KawDpore was suppressed by six companies of the 33d. ** 3 One company of artillery had arrived from the Mauri tius. Marsrillss, Sept. 14 —The French boat Mersey has hist brought the Bombay mail to tho 16th of August. We havo no China mail. “ Delhi was oxpectod to fatl in about a fortnight, and General Havolock's troops, who are advancing upon Luckuow, wero expected at Delhi. “ It is reportod that Nona Bahib, the author of the oitrages at Oawnporo, who bad taken to flight, has de stroyed himself. * “The 7th, Bth, and 40th regiments of Bengal native In'antry had revolted and fled to tho Beano river, pur su»d by Her Majesty's 10th regiment, under General LRyd. Eight hundred of the tmttiuoers wero killed. “The Puoj&ob is tranquil, as well as tho country arcund Delhi, Meerut and Agra. “At Bundelcuml there wero signs of disturbances. w* w ‘ There Is little nows from Gualior Tho mutineers at Seal Kate wore destroyed on the 10th of July by Gon. Niclolson. “Detachments of Europoan been sent to Bombay. The panic which existed a fortnight Ago at Bonbay had subsidod. General Noil joined General Ilavflock on the 23d of Jniy, aud was on tho full march, towrrds Lucknow. “ The disarmed 20th Bengal native infnutry mutinied at Msean, on tho 23d or July, and murdered their corn masting officer, Major Spouce.” Tho Latest. [By telegraph to tho Cork Constitution of Sept. 17.] Gcmral Havelock's force for tho roocoupatiou of Cawo pore lad in eight days marched'one hunrued and twenty six m lea and fought four actions with Nona Sahib’s nrmy. againit overwhelming odds in point of numbers, and Ind taken twenty-four guus of light calibre, aud that, too, in tho month of July iu India. On the morn ing ofthe 19th of July tho force marched Into Cawnpore. Thoeoul-harrowiug spectaclo which there presented itself to them beggars description. A wholesale massa cre hid been perpetrated by tho Qend Kena Sahbi. Eightofficers aud ninety men of Iler Majesty's 84th regtrotnt, seventy ladies and ono hundred and twenty, ono children Of Her Majesty's 82d fort, and tbo whole European and Christian population of the place, Inclu ding c’rillanH merchants, pensioners and their families, to tuo buraber of four hundred persons, wero tho vie tlms oi this Satan, Tho court-yard in front of tho as soinbi/rooms, In which Nona Sahib had fixed bis hood quartos, and in which tho women had boon imprisoned was swimming In blood. A larjjo number of women and children who bad been cruelly spared after tho c&pituiatiou for a worse fato than inktnnt death, had boon barbarously slaughtered on tbolprevious morning; tho former having been strlppeqnaked, and then beheaded and thrown into a well, am tho lattor having boon hurled down alive upon their butchered mothers, whose blood reoked on their mangled bodies. Only four escaped, tho wifo of a mer chant an] tbreo others. A wit* o' the 33d Infantry, from the Mauritius, had arrived tc.Bomb&y. At Tlnbalpoojtho 31st Native Infantry, 40th Foot, and the 3d Irregular Cavalry, uudor nativo officers only, at tacked, oa tbo 7th of August, tho mutineers, consisting ofthe 42d Native Infantry and 3d Irregular Cavalry r and completely routed them. Gon. Woodburn is sick at Oolumby. Colonel Stewart has gone to Mhow P«ta. Wo learn that a plot haa been discovered, and that amongst tho conspirators were tho son of tho well-known Ameer Gundfya, and Molvie Aliy Kursem, who were ar rested. A plot hid also been discovered at Benares. It was reported that Agra bad fullen into tho hands of the rebels. A despatch received at the Indian House from Alex andria, dated September Bth Inst., an}*#:— Gen, Ilavo lock’s forcts, after reoccupylnp Cawuporo, finding Bo toor evacuated, burned it to the ground. Ou the 39th and 30th of July, they found the rebels at Buffer d*l Runge, about elghtoen miles from Cawn porP, nurabjriuß 10.000, whom they defeated with the loss of fifteen guns. Thoy expected to reach Lucknow the next day. Sir Colin Campbell has assumed command of the Indian army, Tranquility is restored m Central India. The seventh, eighth, and fortieth regiments, which mutinied atCawnporo, on the 23d of July, threatened' Benares. .$331,957,700 . 42,447,443 .$374,406,203 . 242,823,890 .$131,581,313 The twelfth irregular cavalry, which mutinied at tho same time, murdered their commanding officer, Major Uotmes, and his wife. General Uavolock, In a despatch to the Governor General, says that “ Nena Sahib hos’drowned himsolf with his family. Ho had an intention of going to Luck now. hut when he got aa far m the river, the cavalry and infantry deserted him. They aro all gone off, aftor destroying their arras, to their different homes. Cawn pore is now asquiet as Adahabad.” Commercial Intelligence. LONDON MARKETB. At the Cora Exchange this day (10th) thore was a. very small attendance of Infers. Wheat—Tho few sales made are at Monday's prices. Barley and Oats quite as dear as on Monday. In Flour there la not much doing. Norfolks alow of sale at 41©42i. Uibornos roport the supply of Wheat large, and other articles small Wheat steady for all sorts, and floating cargoes In demand at very full rates. Barley vory firm. Loans and Peas unaltered. Oats quiet. LONDON MONEY MARKET. [From the Times, City Article, Tuesday Evening.] The funds continue dull. Theyoponed at a decline of and subsequently experienced a further reduction. At the Bank of England, and in the Discount market, there was considerable increaso in tho domand for money. [From the Daily News, City Article, Tuesday evening ] Considerable gloom prevailed throughout the Stock Exchange to-day, The funds fell ft per cent. The market is chiefly prejudiced by the gloomy financial ad* vices from the Continent and New York; and an in crease In tno demand Tor money la the Stock Exchange, In connection with the fortnightly settlement iu shares, also operated oniho unfavorable side. . rm Discount market, the demand was moderate, but this may be owing to the circumstance that the bank is In the cheapest inarkot at present. The appli* cations at that establishment continue to be consider* able. iondonßxchango, Bopt. 16—Opening prices of Consols for money 60 11.83, for account 9015-28 1 P. M —Consols for money for account 90 31*83. London, Sept. 10.—Yesterday tbo Bank of Holland again raised its rate ordiscount. It was previously in creased from 4 to cent., and it has now been put to 5 & cent. According to the Timu' city article, the movement is believed to have been adopted In conse quence of a largo amount of securities having been thrown upon the Amsterdam market from Vienna ; where the preparations of the Austrian National Bank for tho resumption of specie paymeuts on the first of January next cause considerable pressure. Under the circumstances, it is thought that the Herman banka will be compelled to follow tbo example Of the Bank of Holland, and as a general rise will thus be established over a great part of tho continent, the prospect of bet ter times Is proportionably deferred. LIVERPOOL CORN MARKET. On Tuesday there was a great attendance at the mar* ket, and a fair business done iu Wheat, at an advance in Red of 3d 70 lbs. Flour was also In better sale. In Beans. Peas, Indian Corn, and Oats, there was only a limited trade, without change In prices. New Oat meal rather lower. Paris, Tuesday night.—The three per cents have closed, with scarcely any change, at 66f. 55c. The Washington Bonks* Washington, Sept. 23.—A notice posted on the Bank of tho Metropolis Bays that the panic created by the suspension of other banks having caused a much larger doinand for specie than was anticipated, that institution is undor the painful necessity of suspending specie pay ments for the present. Tho trustees remark that they will make every exertion to resume. The bank paid out $05,000 on Saturday. The Bank of Washington and tho Patriotic Bank which paid out small sums on Saturday, haro now altogether suspended. Tho Savings Banka pay either iu city banks or Vir ginia money, and demand the six days’notice from de positors. Virginia money is at a discount of five per cent., and tho tendency Is still downward. Easiness Is nearly paralyzed, and uncurront money iu unsaleable. The Excitement at Pittsburgh* PITTSDUROU, Sept 23—The bank excitement in this city is subsiding. The Mechanics’ Bank suspended pay ment this morning. Business was completely paralysed during the day. Pittsburgh, Sept. 28—Evening —All tho banka of this city, excepting tho Pittsburgh Bank, have sus- E ended. At a meeting of the executive officers of the anks to-day resolutions were adopted expressing the opinion that the suspension of tho payment of coin is necessary to protect the business men in enabling the banks to continuo to discount local paper and exchango, and peremptorily instructing tho cashiers of the re spective banks to resume payment of specie when simi lar action has boon adopted by tho Eastern banks. The excitement produced by tho panic has nearly subsided The Virginia Banks. Norfolk, Va., Sept. 28.—Some feeling is manifested hero about tho Baltimore and Philadelphia suspensions, but the hanks so far have remained firm. Richmond, Va., Sent. 28.—The hanks are paying specie, and it is generally bolieved that they have deter mined to go on. There is no run as yet. Both of the Staunton bonks, tbo Central and Bank of the Valloy, have suspended. Richmond, Bept. 28.—Tho banks of this city closed firm. The demand on them during tho day was raode rato. They have determined not to suspend. They re fuse to take on deposit all suspended Virginia banks. The Mouticello Bank, at Obarlotteville, suspended to-day. It is reported tho banks west of Lynchburg have sus pended. Alexandria, Va., Sept.2B.—Thobanks hero are pay ing out small sums of specie only. Frtersburo, Va., Bept. 28.—There is considerable excitomontprevailing hero io regard to the suspensions at thu North, and some uneasiness among the small dealers. There is no Intimation of suspension, how ever, by the banks, and all demands to half-past one o’clock this afternoon; have been met. Norvolx, Va., Sspt. 28—No suspension of specie payments has yet gone into effect. There aro appre hensions of a run to-morrow by foreign brokers, but the bankora fool securo in tboir ability to meet it. The New England Country Banks* Boston, Sept. 29. —Tho Suffolk Bank refused to re deem tho bills of the Country New England Banks for Individuals, for the alleged reason that the amountpre sented was greater than the clerks could attend to. The deposits of country money sent from other banks are promptly redeemed. Tho country banks generally are w«ll protected, and will retain the public confidonco. The Baltimore Banks. Baltimore, Sbpt. 28.—N0 material change occurred in raonoymattors to-day. The banks in some instances redeemed their $5 bills, as a matter of accommodation. Specie commands a premium of 7 to 10 per cent. In ex change for Baltlniore'funds. The Trenton Banks, Trsnton, N. J.. Sept. 23.—The banks have resolved to continue specie payments. The amount of specie paid out to-day was lull three-fourths less than on Sa turday. The banks express their ability to meet all de mands. No failures have occurred to-day. The Boston Banks, Boston, Bept. 28.—The Suffolk Bank refuses to re deem the hills of the New England country banks. Tnere is no suspension hero yet. The Rhode Island Banks, Providence, R. I , Sept. 28.—The banks of this city have resolved to suspend specie payments. Their lia bilities to tho public aro not over one quartor of their capital. Providence, Sept. 28.—An injunction in the Hop kinton Bank has been obtained. There can be no loss to bill-holders. The Banks of Nashville, Tennessee, Nashville, September 28.—The Bank of Nashville suspended this morning. At a meeting of merchants, which was hold to-day, it was recommended to the di rectors of the Union, Planters’, and State banks to sus pend also, but they refused. Several “Froe” banks wero thrown out to-day. Confidence is felt that the Bank of Noshvillo will pay, and have a large surplus. The Banks of Wilmington* N. C, Wilminoton, N 0 , September 28,—There is no ex citement here. All our banks are perfectly sound and will continue as heretofore. But tholr future action will bo governed by that of their neighbors. The Carolina and Georgia Banks* Augusta, Ga., September 28.—The banks of North and Bouth Carolina, and Georgia, are all right. The question of a suspension is not oven entertained. Monetary Matters at Cincinnati. CiNcixnit], September 28. —The excitement In con sequence of the unfavorable advices from the East has paralyzed business In this city. New York exchange is quoted at par, but only smtil amounts will bo purchased at this rato The paper of an iron house and a shoe and leather house has been protested. J. B. Holmes, manufacturer, has assigned. Failure in New York. N»w York, Bept. 23.—Abbott, Dodge tc Co , a South ern flour house, has suspended. Humors wero afloat du ring the day affecting the solvency of Messrs. Clark, Dodge & Co., and Pholps, Dodge & Co., which proved to be entirely untrue. Failure in Doston. Boston, September 23.—Messrs. Jewett & Co., pub lishers of this city, have suspended. Their liabilities are $lOO,OOO. Suspension of Two St. Lonls Banking-Houses. St. Louis, Sept. 28.—The banking-houses of Messrs. Darby tc Barksdalo, and JohnJ. Anderson Jt Co., of this city, suspondod temporarily this morning. Fire near PolUvlUe. Pottbtillb, Sept. 23.—The engine-house at Castle William Colliery, about 8 miles above this place, was entirely destroyed by fire >esterday morning The fire Is supposed to havo been the act of an incendiary. Tho works belong to Rogers, Smnexoo, & Co,, of Phila delphia. Alleged Murderer Arrested. Pittsburgh, September 28.—A 'coachman, named Jordan, was arrested in this city, yesterday, for the murder of Appleby, a grocer, at Chicago, iu June last. 110 was sent on to Chicago, for trial, this morning. The circumstances tend strongly to implicate him. St. Louis Agricultural Association. St. Louis, Sept. 28.—The second annual fairof tho St. Louis Agricultural and Mechanical Association com menced to-day iu the beautiful grounds near this city. Boveral trials of horses came off within tho amphitboa tro, Missouri carrying off tho majority of tho premi ums. Tho crowd gathered on tho occasion is estimated at ten thousand. Tho weather has been delightful, add ing to the attractions, Fire nt Grand Ilaplds. Dstroit, Sept. 28.—A fire occurred at Grand Rapids on Friday last, consuming tbo best business houses of the ptace. The loss is estimated at $lOO,OOO, and the iusuranco at from s£o,ooo to $OO,OOO. THE CITY . Guardians of the Poor ■ —A stated meeting of tbo members of this body was bold last ovoning at their office in Sovonth street, übovo Market— Mr. Brown, President. Present—Messrs. Cook, Dunlap, Evans, Fisher, Gamble, Hoiahloy, Ifenszey, Laflorty,Lloyd, Mose ly, Reeves, Riddlo, Server, Smith, Taylor, Brown, (President.) Tho following was tho census of the House on Saturday last: Total number in the house, 2,073; same time last year, I,BB3—increase, 190. Recapitulation—Admitted during tho past two weeks, 195; births during that time, 5; deaths, 22 ; discharged, 83; eloped, 30; bound out, 4. The atrlngenoy of the money market has had a favoroblo effect on pnuporism, as thero were no ap plications to tho Board for immediate relief, an unusual occurrenoo. Tho clerk read the following communication : “ M vnchkstbr, September 9,1857. Mr. Bnowx: I reached hero this morning, and feet much fatigued from so long a journey. Sir, the stew ard made uia pay my board after the head doctor told mo ho would not chatgo anything for tho last week. Sir, tho policeman that got my money kept $5 50, and my gold ring worth $2 50. Sir, if you can do anything for me in getting back the board inouoy, or something from tho police, I will forever pray you. Dear sir, if you will speak to the Houso Agent about me, he has something to toll you. Dear sir, do something for me if yon can, as I am vory sick and got no money. ti Please address Thomas Hanna, Manchester Station, Conn.’’ TJio communication was laid upon the table. This is tho unfortunate man who cut his throat a short timo since in tho cells of tho Contral sta tinn-houso, nt Fifth and Chestnut streets. It ap pears fiom tho communio&tion that ho has boon robbed both by tho police and tho ofiioers of tho almshouse. Tho Collector of Outstanding Dobts reported that he had collected $625.75, and paid tho same to the Treasurer. Mr. Charlos Murphy, tho steward, reported that ho had oollooted §57.50. Mr. Sorvor submitted tho following, which was adopted : Resolved, That a committco of throe be ap pointed to inuko tho necessary estimate of exponses of this department for tho year 1858, and roport tho samo nt tho next mooting of tho Board. Messrs. Sorvcr, Mosely and Riddle woro appointed on tho oommittce. Mr. Evans submitted a resolution increasing tho salary of tho Visitor of the Tenth District from $250 to S4OO, which was laid over. Mr. Server submitted tho following, which was agreed to; IVhereas, Tho appropriations mado iby Councils to this Board for “support and bastardy” cases has booome exhausted, leaving threo months of tho present year (requiring eight hundred dollars per month) unprovided for: thoroforo, That the Treasurer of tbo Board be instructed to rotnin a sufilciont amount of funds in his hands to dischargo sixteon monthly liabilities of tho Support Committco for tho b&lanoo of tho oturront year. Bills woro roported to the amount of $5,841.38, which woro ordored to bo paid. Adjourned. JExteraivc Robbery of Silks and Velvets. — Yesterday morning, shortly aftor seven o’clock, it was discovered that a heavy robbery of silks and volvots had beon committed in tho largo five-sto ried building, No. 207 Carter streot, above Se cond, directly opposite tho establishment in whioh tho “ Press’’ is printed. Some of the persons em ployed in No. 207, upon proceeding upstairs, found a quantity of silks and velvets lying in the differ ent passages. Tho presenoo of these goods was explained by a hole whioh was founql in the wall, and whloh opened into an apartment in the ad joining boilding, occupied by Messrs. L. & B. Cur- U 3 * Bllk merc bante. The new store, No. 214 Chestnut street, above Second, runs through to Garter street. The second floor of the struoture is occupied by the firm just named. It seems that the robbers opened the door of the building by means of false keys. Tho? then repaired to the third story, used for storing refrigerators, bat not finding anything there to suit their purposes, they continued on up stairs. Mr. George H. Tryday, ornamental carver, occnpies the fourth story, and here they found a fine vsrioty of tools They forced open the door of Mr. Tryday’s apartment, and helping themselves liberally to tools, they commenced operations. The point of attack was the wall, just at the head of tho stairs, leading to the third story of No. 207. and on a line with the shelving in the adjoining apartment, in No. 214 Chestnut street, occupied by the Messrs. Curtis t Co. The wail is thirteen inches thick, and very substantially built, but a hole twelve inches by fifteen in sixe was cut through it. Mr. Tryday’s tools suffered consi derably &t tbo hands of the rasoals. After entering tho store of Curtis A Co., the best goods were hurriedly selected, and silks and velvets to a very largo amount were passed through the breach in tho wall and carried down stairs in No. 207 Carter street, where the wrappers were stripped off. The wrappers of fifty-four pieces of silk were found in this building. The contents were, of course, carried off. It was very evident that the scoun drels boat a hasty retTeftt, for not leas than a thou sand dollars’ worth of valuable goods were left by thorn scattered about in No. 207. They had aIBO piled up a large number of pieces of silk in the store of Curtis & Co., near the aporture in the wall, but which they had left behind them. The goods stolen are valued at about $6,000, consisting principally of black silks and velvets. It is supposed that the scoundrels first attempted to enter by way of the roof. They burst off the fastenings of the trap-door of No 207, but they could not get iGto the store from the roof. We baTe stated that the scene of the robbery is directly opposite the press es tablishment of this paper. It is not known what time the robbery was committed, but we donbt not that it was between two o'clock yesterday morning and daylight, and that the thieves took advantage of the noise made by the machinery to prosecute their wall-breaking operations. A dark lantern, used by the robbers was found burning in the morning. The store of Messrs. Curtis A Co. was robbed In March, 1856, of silks valued at $ll,OOO. The goods were traoed to New York, but they were never recovered. Yesterday, High Constables Bussell and Trefts arrested David MoMichael and Bernard Hoffman, on suspicion of having been concerned in the rob bery. They hod a hearing last evening before Al derman Eneu, and were committed for a further hearing. Grand Democratic Rally in the Third Cbn grcssional DiJfricf.—Last evening a large and enthusiastic mass meeting of the Democracy of the Third Congressional district was held at the corner of Washington and Master streets, in tho Seven teenth Ward, at 7j o’clock. It was organized by the selection of the following gentlemen as officers: PasaiDi.ir, JOSEPH GEIS3B. Tics Pusiveits, -J, Jacob Slammer, Michael Magee, Andrew Noble, Robert Sherrard, William 0. Kline, Qugh.Clark, James Lloyd, John Crawford, James Tally, John B. Lever, George Tisher. Cornelias Kelly, Terrence Reilly, James Young, William J. Ashe, John Basilar, Michael Schoales, David Peacock, Adam Richards, William Bot&n, Samuel Rot&n. BSCBETARIS3, Georg# Joseph GeUie, Isaac W. Moore, John Devlin, G. M. Donghtj, Edmund Brewer, P. J. Welters, 11. Dr. Wadsworth. Thos. E. Harkins,Esq., of the Seventeenth ward, after a few preparatory and very eloquent remarks, read, in a clear and vigorous voice, the following excellent resolutions; whioh were unanimously adopted: whereas, The time has come when it Is right and proper that a correct expression of opinion should be ascertained, both as regards the relative merits of those put forth for the Democratic suf frage, and to discuss the important and interesting questions which apply to the prosent time. There fore, • Resolved , That we, the Democracy of the Third Congressional DisLriot, in mass meeting assem bled, this 28th day of September, A. D. 1857, hail with feelings of pleasore and delight the opportu nity now aJTordod us to emphatically and une quivocally declare our firm and undiminishod at tachment to our much-beloved and well-tried Fe deral Constitution, and wish to have secured to ourselves, as well as to our brethren of the other States and Territories, all the rights and privileges which have been to them justly and fairly guaran tied. Resolved, That the present financial crisis is the natural result of an inflated paper currency, and, in the adjustment of the question, the Democratic party ot the State cannot be made a party to the schemes of rotten banking institutions, or driven from its well-known and settled polioy in reference to banking capital. Resolved , That we heartily endorse the Admin istration of our favorite son and ohief executive, James Buchanan , and, whilst fully of tho fact that tho affairs of our great and growing nation will, under his guidance and supervision, be entirely safe and prosperous, we ore nevertheless both anxious and desirous that such a course should bo pursued, in every respectj as will servo to stimu late our efficient and deserving Democratic sons to still further and greater efforts, and that wo may thereby gain new laurels of increased victory. Resolved . That in our candidate for Governor, Gen. Wm. F. Packer, we have presented a gentle man to whom we con, and will, gladly give our entire support, feeling satisfied that when elevated to the gubernatorial ohair of the “ Old Keystone State, he will pursue such a courso'as will com mand the untiring respect and confidence of our oUixons of every kind and creed. Resolved , That with Nimrod Strickland as oar candidate for Canal Commissioner, and Messrs. Strong and Thompson for Judges of the Supreme Court, we feel a certainty of possessing every necessary and proper qualification for their re spective important positions, and that they will, when placed in office, add further lustre and glory to the State, themselves, and their politioai party. Resolved , That we will do all in our power to elect our City and County ticket; and (hat we hero proclaim that we have the fullest confidence in all our nominees, both as regards their honesty, capacity, and political integrity, and that, as such, tboy shall receive our undiminished and unfalter ing support Resolved. That as Democrats, intent upon being true to tho doctrines and practices of our party rules, wo declare our undying attachment to the great principles of Democracy: wilt support the regular nominations as now ana hereafter presented to us, and thus be enabled to join in the load hosannas whioh, on the second Tuesday of next October, shall proclaim to the world that Pennsylvania has achievod a groat— a Democratic Victory. Eloquent speeches were made by Eugene Ahem, Esq., Uen. John D. Milos, Hon. W. H. Witte, T. E. Harkins, Esq , John Campbell, Geo. W. Nebin ger, L. C. Cassiday, and others; aftor whioh the meeting adjourned Polue Items. —Yesterday, at noon, Detec tives Russell and Trcfts arrested two young men for attempting to piok pookots at Third and Carter streets, in front of the Inquirer establishment. They were taken before Alderman Enou, who com mitted them aa vagrants. They gave the names of William Kelly and Augustus Kearney. While in tho lookup, and previous to the hoaring, the prisoners begged to be lot off, stating that, if ths officers would grant this request, they would giro them the names of fifteen or eighteen others who came on 'here to attend the Stato Agricultural Fair. Alderman Devlin yesterday committed a man, named John Branigan, who was arrested at Fourth and Franklin streets, on tho charge of stealing a number of artiole* from the German Catholic church at Fifth and Franklin streets. Alderman Carter yesterday committed an indi vidual giving the name of Robert Smith, who was arrested at fourth and Shippeu streets, on tho charge of stealing a horse and wagon. William Smith, who on Saturday was arrested at tho Exchange by Detective Russell, has been identified by & lady of Easton os an individual who robbed her of ono hundred dollars daring the recent fair at that place. \ Wo notice that tho {policemen of the Ninth and Tenth Wards, comprising the sixth district, are generally detailod for oxtra duties on special occa sions, more so than the men of any other district. Probably this is on account of their acknowledged efficiency; and although their work is most onerous, it is gratifying to see that the Mayor ap-. preciatcs tho importance of their superior and fre quent services It has been suggested that a neat silver Btar, like those recently presented to the local telegraph operators, be worn oy the policemen in the differ ent wards. They aro certainly far more tasteful than those now used. Political Combinations—Another Ticket .— The movement to ran & “ union” tioket in the city and county of Philadelphia appears to be a de cided failuro. Tho preponderance of the American “straight-out” vote nos convinced themauagers of the “union” party that the ticket is doomed to a hopolesa minority. Another experiment is noff to bo tried. Messrs. R. D Wilkinson and D. B. Beit lor, tbo respective candidates for Recorder of Deeds and Coroner, aro to be dropped from the “union” ticket, and the names of Messrs. Charles W. Carroll and N. T. Baroux, candidates for the saroo offices on the American ticket, are to bo sub stituted. Mr. Edwin T. Chase, the candidate on the “union” tioket for Prothonotary of the District Court, is to take theplaco of Mr. J. 11. Hill on tho American ticket. Too first step in this political combination will commence to-day in the ro-assem bling of tho American County Convention at tho court-house this afternoon. While tho wiro-workers of the opposition are concocting all sorts of schemes to defeat the Democracy, the latter are quietly awaiting tho day of election, when they intond to triumphantly elect all of their candidates. When all the “ arraugemonts ” of tho opposition are completed, the two tickets which will be in the field for county offioors will be as follows : Democratic. I Opposition. Associate Jadge of the Court of Common Pleas Jakes R. Ludlow 1 Rob**t T Cohrad Recorder of Deeds Albert D Boil'klp - . )” Ciiarlib w. Carroll Prrthoaotary of the District Court. Jous P. McFaddex. | Edwin T. Chasb. Clerk of the Court of Quarter Session*. josbpu Cbookstt. 1 John 8. Kbtsm. Coroner. Jonx R. Fsnnjsr. 1 N. T. Eaboox. Midnight Intruders. —Shortly after midnight, on Sunday night, Mr. John Hughes, residing at 729 Hubbell street, was awakened oy loud rapping at his front door. Mr. H. refused to open tno door, whereupon the look was broken and three men en tered the front parlor and threatened to shoot Mr. Hughes unless he would permit them to search the premises. Mr. 11. prevented them from goiog up stairs, and whilst parleying with the depredators tho family gavo the alarm and the men decamped. Mr. Hughes cannot imagine wbnt was tho objectof tho midnight visiters. A man, named George Turner, was found about 12 o’olook on Saturday night secreted under a bed, at the house of Mr. Joseph Thompson, Ridge avenue, above Parrish street. Tho intruder was arrested, and sent below. Freaks of a Mad Bull.—A. boll ran along Callowhill street botwcon two and three o’olock yesterday afternoon, in a frantic and highly ex cited mannor, tossing pedestrians about him at a furious rate. Among those who were the victims of hia wrath, wo have heard of the following : John Wood, of the firm of J. & Y. Wood; * little girt, named Hickson. A man named Magee was carried to the office of Pr. Hamili, suffering from conci sion of the brain. Ref Geo. A. Dnrborow nar rowly escaped, M tbe infuriated animal had his horns fast through the gentleman’s coat tail, and tho consequences might hare been disastrous, but for the timely arrival of Officer Kugler, 437, who, at great risk, succeeded in rescuing the Rev. gentleman from his perilous situation. The bull was finally captured. The Banks Yesterday. —The Girard Bank redeemed its fives, marked'checks “good,” and refused all notes of a larger description than those designated. The Bank of North America com menced speoie payment, and continued it until about ten .minutes of eleven o'clock It then re deemed its fires, marked checks under fifty dollars ‘•good.” and gave duo bills for those of a larger amount. The Manufacturers’ and Mechanics’ Bank redeemed its own fives, and marked cheeks ** good.” On the door of the Philadelphia Bank was posted the following notice: “Philadelphia Bank—No notes can be redeemed until further notice. Checks will be paid in note* instead of being marked good.** The hank changed its large notes for those of a smaller denomination on presentation. Tho Northern Libertiesfßank redeemed its fives, and marked cheeks. The Consolidation, tho Western, the Commercial, the City, Tradesmen's, ana Mechanics’ Banks redeemed their own fires, and marked checks good. The Soathwark Bank redeemed all iU note?, but paid no checks. On the door Of tho Bank of Penn Township wa3 ported the following, which was strictly adhered to: “Bair or Pi yx Towisai?.—This bank redeems all of her fitei in specie. IXa posits received under ipwisl contrsct only.” Funeral of a Dartmoor Prisoner Philip B. Schuyler, Sr., aged seventy-fire year?, a Dart moor prisoner, was barled yesterday afternoon, at Monument Cemetery. Ho died on Friday last, at his residence, corner of Fourth and Bearer streets, in the Sixteenth ward. The survivors of the Dartmoor prisoners united in the last tribute of respect to their deceased comrade. The funeral was very largely attended. Two Democratic hTectings are to be held this evening, one at the house of Aquilla Passoe, N. W. corner of Second and Washington streets, and the other at the corner of Eighteenth and William streets. A number of celebrated and eloquent speakers will address the meetings. The Third Anniversary of the Sunday School Union of the Northern Districts of Philadelphia will be held at the Musical Fund Hall, Locust street,' this evening. The Alarm of Fire, at two o’clock yester day afternoon, was caused by the burning of a structure in We3t Philadelphia. The damage was very trifling. The double track on the Germantown rail road has been completed to Germantown. Meeting of the Board of Trade. — The first regular meeting of the Board held tine* the vacation of Sommer took place last night at the Merchants’ Ex change—thirty-fire members being present. On motion, Mr. S. V. Merrick was called to the chair, the President being absent. The reading of the minutes of the last meeting m dispensed with. Mr. Kennedy, chairman of the committee appointed to investigate the affairs of certain Insurance Compa nies which bad requested such scrutiny, stated that the committee had deemed it prudent, under present cir cumstances, to defer a report until next meeting. The tame gentleman, in relation to eastern exchanges, said that tbs question whether a merchant, who has obligations due and parable in Philadelphia at a speci fied bank, and haa only provided funds there to meet them, is to be regarded as discredited if the holder of sneh obligation insists on payment of the same In specie or specie funds, fa resting upon many of our community and deserves consideration- As opinions xnav be divided .on this matter, it is suggested that, where" parties aro protested only because refusing to pay other than par currency funds, it is a duty to haT« the fact of the spe cial reason of sneh protest made as publie as the protest may be by the collecting bank or agency. Mr. Boldin coincided with Mr. Kennedy, and stated that when he bad met hit obligations with the current funds of the country, be considered that he had ful filled every moral and business obligation. He had paper now falling due which he intended to pay in this manner, aod if it was protested on that account ho should care nothing about the matter. In this view several other gentlemen expressed a unity of feeling, hut no action was taken in the matter, the gentleman who first suggested it declining to give it in the shape of a resolution at the present meeting, though he announced his intention of doing ao in future. Mr, Ludwig offered the following resolution: Pesolced, In viev of the meeting of the Legislators of this Commonwealth, in special suasion, for the pur pose of considering the important subject of legalising the suspension of the cf Pennsylvania, that the merchants, - manufacturers, mechanics, and traders generally, be invited to unite in a public expression of the various business interests of Philadelphia in refer ence to the proposed legalisation of the suspension, be lieving that the best interests of the community and the State will be subserved thereby. Mr. Kennedy thought that the one great and Impor tant measure required, was to enable the employers of all grades to re-engage immediately and set to work the multitudes of operatives now out of employ before they become dispersed over the country. The now prostrate condition of the Industry of the State, he considered, was the most important matter now before the publie, and he trusted that & publie meeting for this porpoae should be convoked at the earliest possible opportunity. Ue thought that the banks would be sustained by pun. lie opinion, if they aided our manufacturer?, even though they defied legislation and acted independent of The following notice was read by the Chairman and greeted with applause: “The Governor’s proclamation will appear in the morning papers, convening the Legislature for October 6, to take into consideration the present condition of our banks, etc. Also, the action of the presidents of the banka, agreeing to restore the Bank cf Pennsylvania to Us position at the clearing house, etc., and to discount liberally for the customers.” The discussion of Mr. Ludwig’s resolution was then resumed. Mr Ludwig modified the resolution so that s committee of St© might be appointed to arrange the Eteliminaries of such* meeting at an early day. to he eld in some public hall. Messrs. Ludwig, AddJcks, 1 Kimble, Busby, and Morris were appointed such commit tee. Notice of the time of holding the meeting will bo given in the public journals. The Board then adjourned. Another Case of Probable Incendiarism —A destructive fire occurred last night on Delaware avenue, which at one period threatened, to terminate in a se riously extender conflagration. The locale was the centre of the block on Delaware avenue, immediately above Walnut street, running through to Water street. The damaged building was the extensive store, the first floor ©f which is occupied by Thomas McCann, oil mer chant, and the upper portion by O’Neil A Brother, Soar broken. On Water street the buDding is occupied by Messrs. Samuel Grant, Jr., A Co., who occupied their portion as a depot for the product of the Ashland Chemi cal Works. The fire originated is the upper story of the latter, and la believed to baT© been the work of an in cendiary. The flames first appeared through the roef, end burned with very great rapidity. When the firemen burstopen the aide door of Messrs. Grant’s store, which is on an alley running from Wale at street north, the eatire interior was found to he la dames. They came early after the alarm upon the ground, but water took little effect upon the action of tbe highly inflammable matter that was consuming. A volume of huge sparks ascended upwards, which tell so thickly that the packet ship Tooawanda, which lay im mediately opposite, was considered to be in great dancer, rendering the ntmwt vigilance necessary to prevent her taking fire. The different fire companies worked with vigorous diligence, and after a short time the steam engine Fix* Fly. under the charge of the America Hose, came down to their relief. The hose was applied, and the appara tus promptly put in motion. The effect was almost in stantaneous. The flames were diminished in fierceness, and in a few minutes entirely subdued. The clouds of dense black smoke that followed indicated the effect of the deluge of water thrown by the “little giant,” and the weaned firemen rested while the Fire Fly completed tbe task. The damage inflicted by thia fire it serioos, and calls for investigation as to ita cause. Fire Detective Black bum waa early upon the ground, bat whether he will be successful in ferreting out the guilty parties—lf the case be aa is supposed—remains to be seen. The test of Mr. McCann is serious; but. in the absence of authen tic information, it is impossible to estimate the amount. That of Messrs. Grant & Co. is not leu than $20,000. 0 ’Neil & Brother also lose heavily. Tho store of Messrs. Grant & Co. was robbed daring Sunday night. It waa entered by burglars. The safe was forced open, and ell the valuables it contained were carried off There bad been no fire of any kind upon the premises daring tbe day. and the character of the drug* stored in the building! although Inflammable when ignited, precludes the idea of spontaneous combustion. It is the opinion of the Interested parties that the deed of Bunday night was repeated, and that to cover their eril work the thieves fired the premises. Directors of the Fire Department. —This Board held a stated meeting last evening, at the usual place H. L. Sinnexon, President, in the chair. The committee on the date of the Hand-in-Hasd Fire Company reported that they bad found the first minute book of the Hand-ia-Hand, commencing on the first of March, 1741, in which was the constitution printed on a slip of paper. This constitution was signed by a number prominent dtixens, some of whom were signers of the Declaration of Independence. They also found a num ber of the old minute books and bills of the company, showing a continued existence to tbe present day. The committee are of the opinion that the company was in stituted in the year 1741. Hr. James Page said that he came to the meeting as a delegate from the Hibernia Fir* Company, for the. purpose of protecting the company from an attempt to take away its rank, upon which depends its honor, lie objected to the jurisdiction of the Board in the matter. At this point the State House bell commenced ringing a general alarm for fire, and a motion waa made to adjoam fer two weeks, which was agreed to. Ad journed. Drournirtz Case.— A lad earned Carlin, twelve veers of age, was accidentally drowned at Spruce street wharf yesterday afternoon. Hia body waa recovered, and Coroner Delavau held an inquest. PHILADELPHIA MARKETS. Septembsu 23th—Evening.—The monetary panic still continues to affect business, and the markets generally are pretty much at a stand aa regards sales. In Bread stuffs the transactions in flour are only to tbe extent of 300 bbla Single extra at $5.'15, and SQO bbladouV edo at a price kept secret; common and shipping brands are held at $5.50, without finding taken, exporters hav ing withdrawn from the market la the present Ptate of the times. The local demand is limited at from $5 75 to $7.50 V bbl, according to brand. Nothing doing in corn meal or rye flour; the former is quoted at $4. and tbe latter at s42~%asiSQ & bbl, without sales. Wheats are doll and but little inquired for, tbe millers only buyiug in small lota, and about 1,500 bus hare been sold at 1309135 c for reds, and 14Qjrl45c for whites, in cluding very prime parcels at the latter figures. Com has declined, and buyers only offer 77973 c for yellow, afloat, at which figures some snail lota have been dis posed of. Oats are steady, with sales or 1,200 bus good southern at 35c. Bye—The distillers are buying at 73c, but there is not mach offering. Holders of cottca are not pressing their stocks on the market, and tba busi ness is very meagre. Groceries and provisions continue at a stand, and there is no quotable change in prices, which are nearly nominal. Seeds—-Nothing doing to establish quotation* of cither Clover or Timothy seel. Whiskey is selling slowly at 24c for hhls.anl 24525 c for His, and the former scarce PHILADELPHIA CATTLE MARKET. —-Movnir, Sept. 28.—Tho receipts of Beef Cattle this wetkwero moderate, amounting to about 1,230 head. The demand was less active than last week, and a much larger num ber were left over than for many weeks past, consequent upon tho unsettled state of monetary affairs and tho general distrjst in regard to tho futare. Prices fell off about 25 cents 100, and the market closed rather spiritless at $S 75 for ordinary quality up to ?11 25 for the best Cows were very dull, and prices were hardly up to those realised last week. About 200 head were offered and partly disposed of at the following rates: Fresh Cows. Springers... Dry Cows... The arrivals and sales at Singer's tTaiou Drove Yard for the week were 2,C00 Hogs and about 50 Horses. Hogs were not quite as brisk as last week, and sold from $9 50 100 lbs., net; about *OO were left unsold. At the close the tendency of prices was evidently in favor of buyers. BREADSTTTFF3 AT CHIC AGO.-RecelpU 0 f Plcur and Grain for theweek ending September 19: Flour, 9,395; Wheat, 5C3.238; Coro, 127,€5*3; Oats. 44.107. Exports of Flour and Grain for the week ending Eapt. 19th ; To Buffalo. Oswego. Other Ports. Total ... 1,476 .... 5.300 6,778 .... 88,100 160,295 208.100 455 553 ....104,600 13,000 41,056 151.586 ... 11,000 11,000 TOTAL FOR Tff* SKISOX. Flour, bbls. Wheat, bus. Corn, bus.. Oats, bus... Flour, bbls 55,343 847 35,424 92 614 Wheat, bus 1,622,181 1,326.351 1,105,630 3.954162 Corn, bus 3,932.095 1.262,918 1,017,533 6,202*896 Oats, bus 160,400 $6,259 216,5* Flour and Grain is store, Saturday, Sept. 19, 1867 * Wheat, Spring, bu 5.434.530 | Flour, bbls Red. bu5..,.’16,967 1 Com, bu 5........ hs**tt “ White, bus. 3,602 j Oats, hoi it^soi Cash.each. ..$352510 .. ISa 35
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