The press. (Philadelphia [Pa.]) 1857-1880, October 16, 1857, Image 2

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FRIDAY, 00 TDBER, 16, 1857.
THE ili:gijay, paisp, No.lo, for the week ending
17, i 5 now ready at our Counter.
Persona desiring to aCquaint their friends throughout
'the country-with the remit or our election '
• and the
prookedfugnot the State Legislature , will fludthia num
ber of the WEEKLY PRESS the boot rein= for . that
purr - tee. It containa—
BODY. - -
- xlsolladaixotre.
THE MIDNIGHT REVIEW.....-(FRom Tam Giama.N.)
TEE WEEKLY 'EMS is furnished to subscribers at
$2 ger year,, in advance, for the Mingle copy,,and to clubs
of twenty, when sent to one address, $2O, in advance.
Engle copies for axle at the counter of Tan Pans of
fice, in maniere, newly fcr
Persona sending chats of twenty or over, will please
inter in mind that the gaper Ikea ordered cannot be di
rected to each sotoesiber, look= the club price of $1.20
per annum is paid, and paid in &Alum. This is in
&octane* with our palasked rata", and Some of our
friends kayo overlooked it. Our beery lists compel us
to adhere to this rule,:
pt' Fuser FAan- T Editorial, Literary Criti
cisms, Foreign and Domestic News, &c.
117".H0n. Wx. STIIONQ, judge elect of the
Supreme Court, is among the guests at the
Washington House. — • - • •
The rote* o; the aectlin;tiotwithetanding
tie adatance of the telegraph, do not yet en
able us to state the exact majority: of "the
Democratic candidate for Governor. He will
have an immense pluraiity—probablY forty
thousand—and a handsome majority overboth
his competitors, probably fifteen theusand.
,The vote, is light, but there, is little doubt
that, had there been a heavier poll, his ma
jority would have been quite as large as it is.
Of the thousands 'of citizens who did not
:vote, it is to be taken for granted that ; the
want proportion were disposed to' the' Demo
',crabs party ;" but they were heart-sore • with
their own difficulties. The election day passed
over them almost unknown; and although
they looked at the returns, on the morning of
the 14th, with something of satisfaction, yet
the rapture of the strife ,hsrl departed, at,least
temporarily; and they soon came back to their
own wants and to'their . own: '
-Governor I'ionsa :goes into ,the althorns
tosial office under most peculiar circumstances—
.lle is a man Of large beneioletlee, 'add. fine,
,manly impulses. His 'Speech in the Senate;
against the distraining of tenants was a beauti.:
fel exhibition of philanthropy; and we cannot,
`doubt that lie will be among the foreineat to
recommend such measures as willasitat to roll
'from -the public heart the weight that now
oppresses it. In times like these, when a'
tuanelal pestilence has,dwept 'over the 'land
hlte; a ,devastating angel', he' lithe• true pa-'
blot • who can forget himself for the
anon' good. When the late epidemic mowed
!down •the citizens of Norfolk, 4 1 4.4 the
heroes who remaitzed to comfort. fie
:dying and to relieve the sick, mere reraem
fbered with gratitude in every quarter of the;
'country, and in the direful days of the, Yellow:
• PhllOelphls, the;penwho i met that
tempest of death and ontlivedtti were looked
'tap to by their fellow-citizens as so many ,great'
benefactors., ,Sotoo,, we repent, in this day of,
'ilimn4alinffering, the statesman who • can re
commend a cure for the ills under which the,
littioring, , or who will give -his;
jiohest efforts to banish these ills' from , the ho-
WOM of society, will win a more, enduring'faine:
Olin that which flows from the spy:denim of par-:
',%\lthough the absorbing intereat'growing out .
of thO'difileulties in money * matters has con-
Isidore* lessened the usual excitement atten
dant upon $n important State election like the
laat,lt is apparent that there quite enough.
solicitude entertained to give to,a &PAM ele-
Ment nontrolling influence, not only in, this
State, but in lowa, Ohio,, and also Mine
aota. This element was 'the' belief that the
policy of peace 'and equality, which had been
adopted by Mr.,Bionattau, and vigorously car
tied forwardby GoVernor Wamon in Kansas,
would dispose of the troubles in that
Territory, and so' remove foreVer ' from
the 'Political arena the vexatious issue which
has cost so much anxiety and so much
alarm to the people oethe United States—the
'twitted purpose otlir. Brammiss on this sub
ject, early avowed in distinct terms, and per-
Vevered in without , turning to the right or to
the lefts Notwithstanding his purpose was
violently assailed: by the extremists, it was
'hailed at the beginning with the best feeiinga,
aind was confided in t,c, the end, by the great
middle majority of ourcountrymen. •
They asked at his hands nothing more than
fear:dealing in Means, and be gave it to them.
The enemies of slavery in the free States did
not require that he should become a proselyte
of their peouliar notions, nor, indeed, did
many 'of those who entertained opposite
"views.; all that was expected was that the
elections in Kansas should be conducted on
legal and regular grounds, and this reasonable
expectation has not been disappointed, by
the President. In vain the violent men
In the, South attempted to show • that he
~ had fallen into the hands of the violent men
in the North.
,Their complaining' Critic*
_Was answered 'by the Tact that a charge was
made by the opposite extreme that he had
fallen into the handier the slaveholders. We
tat/tithe result before us in this State, and the
following article, from Mr. GRUELEY'I3 New
York TAtiktie of yesterday,-rather gives up
the contest in the two States of. Ohio and
lowa, and in the embryo State' of Minnetita.
The Tribune, though indulging a '•Uomplain
,lng spirit, &Nee the victory to the Democrats,
pnd 40',4110.1,?,4,0 to P. 04 6 .0.4 t.i.,16,46119
time the cause which chiefly contributed to
this victory :
"Elections for State officers were hold on Tues
day last in Pennsylvania, Ohio, lowa, and, Minne
sota, all of which, wo apprehend, resulted In favor
of the Slave Democraoy. In Pennsylvania, the
division of the opposition was so obstinate as to
paralyze effort, and the <Democracy' had it all
their own way. In Ohio there was a respectable
contest, but the public attention was too much ab
sorbed by pecuniary anxiety, and tho Republicans
polled far lees than their full vote, and are clearly
beaten. lowa, we judge, has gone the same way,
for similar reasons. Minnesota is not yet heard
from, but the results in the nearer States inspire
little hope of a'Republioan victory. The heedless
and over-soilltng have been made to believe that
the triumphs of Freedom in dramas is sure—that
lduchanan'and Walker sire dealing fairly by it—
and that no further effort outside of the Territor r y
is required. We shall see whether this belief is
in accordance with events whioh ,the future hiss in
By the Vanderbilt, which left Liverpool on
the 3d inst., and arrived at New York yester
day, we have received four days later news
from Europe. We have copied, from the files
of Liverpool and London newspapers received
at our office, some interesting articles of in
telligence, not given in the summary of news
which has been telegraphed, and would parti
cularly refer to the able leader in the London
Times of October 241, on the actual condition
of affairs in India. It goes further in admit
ting the critical position of the British than
the English press has yet had,the candor to
Of European intelligence, the only feature
of interest is the termination of the Imperial
conference at Stuttgart. It is asserted that
the Czar is not disposed to reduce his army.
Nearly the whole of the British Cabinet had
assembled in London, and were having daily
meetings. There had been a very strong ex
pression of public opinion on the fact, that at
a crisis, when personal attendance in London
might be of the most vital importance, the
Queen continued in Scotland, at forty miles dis
tance from any telegraph, and that nearly all the
Ministry were also absent, for over six weeks,
enjoying field-sports and rural life, instead of
minding the affairs of State. This discontent had
brought the Cabinet to London, but the Queen
appeared determined to remain at Balmbral
the whole time originally fixed for her resi.
deuce there. Her stay, therefore, would be
continued for eleven days longer, not much to
the satisfaction of the grumblers.
On the London, the news of
the suspension of the American banks is
likely to fall as a heavy blow. The city article
in the London Times of the 8d instant, admits
that, for three or four weeks preceding, the
intensity of the panic at New York had
induced an almost total suspension of specie
remittances from that city, so that from
£500,000 to 4800,000 that would otherwise
have reacted England' had been temporarily
withdrawn. It calculates, we perceive, on the
panic being over by this time, and says :
" With the return of confidence, therefore, not
only will the usual shipments be resumed, but
many arrears will have to bo met, and as the fort.
nightly consignments from California continue to
reach New York the ability to meet these calls may
be expeets re,Pidly 'to revive. It may be hoped,
therefore, that dwing the nest two or throe months
our receipts from this Varter (New York) will
again at least suffice, with Ate quantities from
Australia, to keep the stook in Eke' honk of Eng
land from further reduction.
"At this moment we have the £173,000 brought
by the last Australian mail nearly duo at South
asepton, but there are no other very heavy amounts
to be anticipated. Whether the eastern demand
will continue on the comparatively moderato scale
assumed during the past fortnight depends on a
variety of contingencies. Meanwhile, Austria has
yet to make her Ana arrenrcements for resuming
Cash payments on the let pf plantlarY, and at Con
stanttnople there is anxious speculation as to the
possibility of attracting new funds to hoop the
machinery of state from actually breaking down.
"From both these directions our own market
may possibly be influenced. On the other band,
the Bank of Franoe,,if it should resort to any ex
tensive issue of £2 notes, may oreate - some partial
inflation. The balance of probabilities is, there
fore, wary even, and the conclusion •is that we •re..
main for some time without anything to enliven or
to aggravate oar present dull condition." .
The Arabia, rhicl;t left New York on Wed-.
nesday, would carry Over the news that the
Panic had matured .into a Orisis, This intel
ligence will probably reack, Liverpool on the ,
24th inst., and may induce the Times tO come
to a very different conclusion from that which,
as we sea above, it bads arrived , at. We can I
scarcely :lea what the actual effect of ourl
monetary affairs Ltp9p thotie' of England will
be until the first week Pi Aravember.
- Meanwhile thit. - weakly: ittstemest of. the
Bank - of Engltuid, published on October g 4 -1,1
shows that the amount of notes in circulation
is £19,142,120, being an increase of £240,905;
mid the stock of bullion in both departments
is Z 11,276,08, 'phewing an increase of £B7,j
628 when compared the preceding return.
There wore over £6,000,000 e' hank notes un
employed. The hinds keep steady,
, The city banks have thirty days to accept the
provisions of the relief act. By that act they
are compelled to receive at, par the notes of!
those banks In whOsesolyeney they have eon- i
Waco. It is rumored that this whole period:
of thirty days will , be suffered to elapse before
the law Is formally accepted by our banks.
We trust most sincerely that this will not prove
to be the fact. Whatever doubts may,be enter-;
tabled, in reference,. to the thlid section
by many of our hest citizens, 'it 41:
the. law, and cannot, and should not, be ,
evaded. Any delay in accepting the pro-I
visions of the relief act would bear with ex
treme hardship upon our mercantile s com
munity, for whose
~benefit, ; great part„,
that, relief was granted ,by the Legislature,:
and especially upon those merchtuits du the.
interior who are indebted to Philadelphia,
and , who, holding the currency of the in-I
desire to pay their obligations to'
their creditors hare. Thirty mays' in these!
times are an age ; everybour is important; and'
the very principle upon which Governor
Lem called the old Legislature together, if it
meant anything at all, meant that the sudden
action of that body should afford instant ease
.eircles. We trust, therefore, that
the banks will spangly:determine what course
they will take in the iureoo,l and we have;
no doubt, if they act , liberally to 110 . r cus-:
tomers and to the community, they will be
applauded for so doing." ;
The retaAtpf the late election in Pennsyl-:
vania will °penile healthfully on other ques
tions than that of politica ; There can be no ;
doubt that .the tendency 'of things in some
quarters of the country, has been to cover the'
elective judiciary with distrust and contempt.
The practice of judges, openly participating
in politics has been the wain cause of this,
tendency. The climax was rear.4o4, liewever,,
by the nomination of Judge Wilier, as tile
Republican candidate for GoVernor, of this
State, at a time when he was presiding over
the judicial district composed of the counties
of 8ra41074, Thiga, and Susquehanna. It is
true that lie resigned this post, apparently to
take the ehatio t o of tlie4Antsign, but itlis also;
true that he resigned it wl tlthC distinct tacit!
,understanding that in the event of his 4efust
he.ehonld go back to the bench. MA defeat
having ;taken place, Mr. WIMIOT returns to the,
scene of ibis Judicial duties; how much better
qualified to dischamthem alter the exciting.
. . ,
and irritating campaign grough which ho has
passed, and with the consciouscooasthat ho has
lost caste at his own home, we leave Atliers to
say. The people of Pennsylvania, however,
have boldly, marked their sense of the habit of
encouraging judges to become politicians, and
ae trust the rebuke will not be without its
effect in other quarters.
fig - The bill passed by the State Legisia-•
tnre last winter, SuthoriAng l the extension of
the Beaton MBank, chaster apd an increase of
$200,000 to their capital, whieb the Governor
did not aign, became a law on ,Frlday last
without his signature, he having failed to re
turn it within three days after the assembling
of the Legislature in the recent special 8CM;1011.
, .ruauc oto,suourrs. ,
Signornia Ramos, the Spanish singer, who made
snoh a hit at the Acadomy.of MusiO, on Wednes
day evening ; as "La Figlfa'del Beggimento,"
poets the performance thfs mting.
"Jack . Cade", (who has ''got his, head in Chan
cery, poet follow):ls drawing great houses at Ardh
Street Theatre, with Mr. Davenport and Mrs.
Bowers in the two loading characters, and is to bo
repeated this evening,
Miss and Mr. Etchings take their benefit, at
Walnut street Theatre, this evening, with a new
domestii drama called "Temptation,'! and "The
Muleteer of Toledo." They are entitled to
what will really be a benefit, and wo hope they
raayobtain it. By theway, in the house bills of last
night, it is stated that Mr.: Mayhew Is Editor of
Punch. 'We are under the . impression; from 'per- .
opal knowledge 4 kiMfact, that Mr. Mark Lemon
Oath the sOriaalP9lttliquestion., t., • _ -_ •
Tho majority in the State fOr General. Packer
over Wilmot, will probably exceed forty thousand.
The Legislature will bo two-thirds Democratic. We
see by our exchanges that the election passed off
quietly, everywhere. The returns In an official
shape reach us very slowly.
Amnia COUNEY.—Thosllarrleburg Keystone
thus speaks of the glorious result : „ -
" The miserable minority in which Mr. Wilmot
is loft, is a signal rebuke of the black Republican
agitators; whilst the olcotion of General Pnekor,
by an overwhelming vote, is a proof and vindica
tion of the fidelity, of Pennsylvanians to the Consti
tution and its guarantees, full of hope and conso
lation to the patriotic and Union-loving Democracy
throughout the - nation. - •
" In Harrisburg General Packer has over four
hundred majority, and, from partial returns from
the townships, it is supposed ho has a majority in
this county, which has hitherto given largo Oppo
sition majorities. The greatest portion of the
Demo'cratic ticket is also elected in this county—
one member of the House' certain, nearly all the
county officers, and a majority of some seven hun
dred and fifty for Senator, which it is hoped will
overbalance the Opposition majority of Lebanon."
CLEARFIELD CODNTY.—A friend writes us from
Clearfield, that tho vote was very small, and fur
nishes ue with the result of two districts of that
county, as follows : ,
Packer, Wilmot. IlarlaLurst.
Clearfield Bordugh 45 22 42
Lawrence township • ' 105 67 17
This is a small loison the vote of Mr. Buchanan,
and was caused mainly by a few disorganizers.
Mormon Courtry,—The following is the veto for
Governor in Middle Smithfield district, Monroe
county: •
Packer 280 I Wilmot
October 1850. October, 1857
4 ,
sl tti
, Counties. o al 1.1 1 8
Et a
X 1
a au PI '
Adams, 39 --- --
Allegheny, , 4225 1580
Armstrong, 255 --
Beaver, 049 _ --
Bedford, 33 -- 600
Berke, 6061 6000
Blair, 606
Bradford, 0976
603 -,,-
Cambria, 1183 1200
Carbon, 653 600
Centre, 821 760
Cheater, 446
Clarion, 957
Clearfield, 660
Clinton 131 400
Columbia, 1699 1200
Crawford, 1508
Cumberland, 251 ; 400
Dauphin, 525 800
Delaware, ' 610 • 100
Elk, 230 ,
Erie, 2103
Fayette, 183 600 --
Franklin. 116 100
Fulton, 253 --
Green, /085 _
Huntingdon, 286 '
Indiana, —181 Y- —,-- 1000
Jefferson, /23
Juniata, 90
Lancaster, 2444 ' 1200
Lawrence, 1078
Lebanon, 634 075
Lehigh, 871 1000
Luzerna, 1021 1500
Lycorning, 307 1600
McKean, ---.. 232
Mercer, 838
Monroe, 1619'
Montgomery, 1944 2000
Montour, 661 600
I , 7ortharopton,232g 3000'
Northumbl, 1176
Perry, ' 6T 400
Philadelphia, 3934 17000
Pike, 691 --
Potter, 263 7 —. . ---
Schuylkill, 1738 80Q0 , ,--..
Somerset, 774--, -- ----.
Snyder, -L-- ,264, 100
Susquehanna, 1304 700
Sullivan, 107 _ _ , _
Tioga, 2678
Union, 440 --
Yensugo, 25
Warren, , , ~- 492 --
Washington, /V
Wayne, 137 -,-.r - ' -7- —.
WestmorePd, 635' Ow n-7-.4. 7
W yoming r a l
York, ' • 0 1482 2500 ' — -
.A.. 1..
._ excy 82,605 29,002
CU" The following well-timed communica
tion was sent yesterday to, Councils by the
energetic Chief Commissioner of Highways:
' Pnitauxtraa, October 15, 1857.
To the Prc.'itient and Members
. 9f Select and
Common Council s ' asl
GENtLEIVEN: The undersigned would respect
fully inform Councils that the ainoont,of 'money
appropriated' toilits department, for the repairing
end repaving of streets, will be exhausted by the
tenth of November next.' It was believed that
the appropriation would have been ample for the
entire • year, but in consbquence of the extraor
dinary sorority 'of the frost of last winter, the
streets and highways required more then the usual
amount of labor to put thorn in a proper 'condition
for travel. 'An additional appropriation it not de
sired, but simply. a transfer of balances that will
not be required tor . fte IWrpoSO±i for which they
were intended.'
I would suggest that, the $15,000 appropriatotl to
pay the portion of constructing the bridge at
Oirard a 1 Penneylimula nynnms,.-.'a "' a " . 4 " .
$5,000 appropriated foillte bridge across the
Schuylkill at Chestnut? street,- be transferred to
item two for repairing streets, as it is riot probable
tho, fn this advineed state of the building season,
- the woriir of, either will' e commenced this year.
By this arrangimmat most of the men now em
ployed in repairing the itieeh may be continued
at work, as long as tee ; weather permits it to be
done with advantage to the city. 'Otherwise the
necessary, repairs must be discontinued early in
NaVembei, and the men discharged.
Yours, respectfully,' •
' Chief Commissioner of Highways.
From Washington.
W 4811,1507021, Oct. 16.—The Secretary of the Interior
has directed instructions to be Loaned to the superin
tendent of Indian affairs at St. Louis and to the agents.
forthwith to - remove 611 intruders upon the
De.aware Indians, and their reserves in Kansas. The
War Depirtmerit haiiheen requested to issue the rumen
retry instructions to.'the cobimanding officers of the
troops in that Territory. It Is expected they wilt be
prepared to co.operate with the agent of the Indian
Office by the time their services will become necessary.
secretary Thompson says the integrity of the Indian
Territory nniet pF eldbasardi be preserved,
- _
The rWashinoo4 44Fika.
WASOINGTOS, Oct: 16 —The Bank of the MetTlie
has declined to have anything further to do ' the
other banks of the District. Therefore, the estab fah
ment of a clearing-house is abandoned. They will,
howeter, act independently of the flanker the Metropo
lis, and agree open a plan to:regulate exchanges and af
ford all the business facilities in their power, Thia was
underatood at the meeting of bank officers held this
'rho amount of United States, stock redeemed at the
Treasury to-day was $2 . 6,566. This probably closes all
transactions in that line for the present: -
Favorable Turn of Affairs at New York.
Nay, yppt, Oct 15—Evoning.—Ilusiness affairs leaked
more oheerini to.div. The banks are going on as usual,
excepting that tkey pay po jpecie.
Stocks took en upward Yuen et the prat board ; Vir
ginia sixes adyancipg 17; pillaVre,re andlipdson Canal,
10; Erie convertiblea, 5; tind.',New Yet Sts,te ;stocks,
12. The other stocks also advanced it: We Stara. It
is said that a special agent from the Itothschl Lie arrived
here in the Vanderbilt, with orders to buy securities to
a large amount.
Specie is abundant, and lacks buyers at One, per cent.
The to-day agreed that all balances may
be settled in current funds instead of specie. The bunks
arc' ,, .1. 1110 ,11 harmoniously.
At(oge t tlter,thkags are tending greatly towards a rest°.
rat' ton ,0
. coppdoAct) and revival tor business.
710 Uoston MAIN;
&wog, Oct. 16.—At an adjourned meeting Xo-day for
the purpose of arranging plans fOr fiCilitating business
at the clearing-house, it, was proposed to discount hbo
rally on undoubted paper so as to furnish relief to tho
business men, who are beginning to bend beneath the
Little, Alden & Co. have not suspended , and ask an
extension only In behalf of neveral mills for which they
are agmts.
'The Ntlrgidttct ittpthd.
PETERSBURG, October t6—The branched of the Vir
ginia twirl:Eel/Ingo Boas Hero both ensvdnded.
RIGIGIOND, October 15. - -The Rank of Virginia sue
tNd m
uvd specie pomade this morning.
•—• • r.'
The Casts In Iliesr Orleans—Run on the Ranks—
. . Vilest Bang 43 aspended:
. .
Nan , OntlaNl3,oeited}er 14.—A heavy run was com
menced on n it e l * hankatitta Morning, and the ev.eito
moot was Increated, hf the Mien Dank suspending spe
cie payments. •
The Batik of James Bibb was kept open till 0 o'clock
this evening, and not a doubt is ospressed of it or the
Southern Bank, which ate the only free banks left.
Affairs are in a very unsettled condition from the ap
prehension that the run will be continued to-morrow.
ttrdat Confidence is expressed in alt the banks now'stiled
lug;and ;Argo deposits were made to-day. No (alleles
bare neeMierl: . .
The United Ststes jiranch. Mint has purchased from
the banks 0400,000 in paying gold for it,
thus affording some relief to the linoj
The notes of the Bunk of James Kai) t o 4q t ic n by
the citizens and Southend hanko:
The day closes India cheerfully than it opened.
New Onmssae, October 15 1--The run on tho banks was
resumed this morning, and Is vary heavy upon the' Citi
zens' ardeanabliankiii but not so severe upon the others.
noun is Mesh excitement, and business is paralyzed.
The'Ottireps , (hectolitres) tae think, Sank of Loui
siana, and ,Oarial Sank, all refused this morning to take
the noted of the fyie'ben}ni.
*me commenced early on the free banks, and before
'three o'clock the Bition,l44rchahtsOluitt Traders', and
the Bank of New Orleans suspended SPeele payments. '
Therd nag no run on the Southern Bank; (one orthe
free banks) as well ea the Bank of James Robb,
(also free, was consi,V.,,..wil perfectly eare• The circu
lation of t 'stetter is meetly it& distance. ,
The Oitizette.Banit held open, payZ..s. o .M°
o'clock,, • ,
- Tho chartered banks are standing by each other, app
largo deposits have been made In all :the chattered
banks, no well as th the southerzr llank, to a larger
amount than had been drawn out. There le considera
ble excitement prevailing, though those making the
run are perfectly good-humored.
The fllnclnnutt r Money Market—The Kentucky,
Indiana land Ohio Bunks.
CINCINNATI, October 15.—T4tl money market of this
city is in au unsettled condition; consequent upon the
news from Now York and elsewhete. ' •
. .
It ie the general 'opinion that the banks or too States
of Xetituety; Indiana. and Ohio, will net 2 geuerally sue-
peed, ter the Eirceeent at least. • '
• , *tte• o 4orpiß, A
. AnGesTs, 0et,.104. Public meeting of tlio citizens
of Augusta was held to . ;y, andl resolutions adopted
recommending OM bunks' tomispend specie payments.
The Union. Bank suspended in the morning.
Acausea, GA , October 16.—Alltho banks In Savan
nah suspended this morning.
The Tennessee,Danke,
NASIITILL6i OCt. Bank of t relniCefißle has
suspended' The Legislature of this State la consider
idg a resolution to legalize a general suspension of the
banks. Its notion fa 001E1111.
Thu Planters , and Union Banks will hold out till the
last l unless antlioriSed to suspend.
Missouri Banks
ST. Louis, Oct. 15 —There has been a heavy run upon
the Dank of the State of Mlll6ollli all the morning.
Opinions diller as to the ebility,of the Ink tohoht op,t,
CINCINNATI, October 14,--The following ore reported
majorities in the counties named—Perry, 400; Morgan,
600 ; Hamilton, 8 , 600 for 'Henry B. Payne, the Demo
cratic candidate for Governor.
The county of Greene given Chive, the Republican
Candidate, 1,200, and Harden county 130.
In forty counties there hen been s Donnoratie gain
of 7,000.
Ct,IiVEL AND, October 14.—Burther retinal Show addl. ,
Cma o gains for the Democratic ticket, In forty-five
counties the gain reaches 10,000. The content le, on all
hands, considered close, and the remit tor Governor In
Tho Legislature in probably Democratic.
Mummer', Oct. 35.—The returns of the election
from fifty counties show that Chase, the Republican
candidate for Governor, has lost 9,000 on the vote re
ceived by Cot. Ihemorkt at the Pr,eeldentit
The contest is now no close that boil' . 10101 the
State by a small majority.
CLEVELAND, October / 6 : -,4 iitrtirelipuntles, from
which returns hate been received, shorr a Danicratic
gain of 10,101. The Democrats olefin the Stab by a
email Majority ; but, so far, their gains 'ars no' largo
lows Election.
Doourios, Oct. 14. —The returns from the Interior
come In ['lowly, thorn bring °Tay three or four filegralt
offices In the State.
The Extra Session of the New York .f.egisla
ALBANY, October 15.—The statement in the morn-
Ing'a Argus, that theUevernor had deetdati4o call en
extra session of the Legislature, is not correct, The
question is yet under advisement.
Accident on the Mohawk (N. Y.) bridge.
SCLIHNEOTADT, October 14.—The [Merit; of the old
Mohawk bridge gave way thin forenoon,,,recipitating
fifty head of cattle a distance of eighteen bet into the
river. Only one cow was hurt. This is tie first acct•
dont that has occurred since the building d the bridge,
in 18082 It is expected to be repaired k to-morrow
Important Railroad Convonton
CLEVELAND, Oct. IL —An important %limed Pon
vention met here last night. The attendeme was very
full, and business of an important charaol,r was trans
acted. A committee was appointed, whlh will report
to-day. The principal objects of the Clomention are to
reduce the present speed of trains, 'tweet° the fares,
dispense with foreign agents, and cut off tie large num
ber of dead-heads.i,
New ORLEANS, October 14.—Clottou.—Sles to-day of
1,000 bales at Irregular prices, pricolpair at 9)010o.
The receipts were 3,000 bales. Exchange. are still no
minally quoted.
The United States steamship Vantdrbilt Capt.
E. Higgins, with Francis and Englits advices to
the Sit instant, arrived at New Yok yesterday.
She loft Havre on the morning of the Srl, and
Southampton at midnight, with the tnpreeedented
number of three hundred and eiglry-six paasen;
gars, of whom three hundred ant twenty-one
wore first-class, $20,000 in specie, and a very
valuable amgo of merchandise. The voyage bas
boon unusually wintry—strong westerly winds pre
vailing throughout. On the 9th abe sncounterod a
terrific gale, which lasted thirty-six tours.
Tho mall steamer Arne, from Yew York, er r
rived off Qowos on the evening of Cu 2d. and pro
cooded to Havre.
The Calcutta lotterg and papers, giyingTull de
tails of the intelligence previonsl+ received by
telegraph, had reached England.
The Emperors of Russia and Austearnet at Wolf
mar on the let of October. The Kbg of , alimony
had not than arrived. ,
It is reported in Paris that the isle de la Re
union, formerly Isle Bourbon, Js to resume the
name of Isle Buonapvte, which it lore under the
first empire. ,
From China wo learn that Madrid Seymour had
resolved upon the blockade of Rho Canton river.
Five hundred and twenty officers nod men of the
royal artillery had arrived, and wore forthwith
despatched to Calcutta in the Sampson. Trade at
Avey was improving.
Aeoording tq Ipttors of the 24th &Member, from
Athens, the Greek Giairernrrient 1)114 eiltkpTired the
exportation of cereal amps, In uonmquortee of the
abundance of the harvest.
News from Constantinople of the 16th announces
an approaching ro-arrangement of the diplomatic
service in Turkey. It is well knovn that Prince
Callimaki is to relinquish the =Way at Vienna.
F.chamyl had .taken prisoner tin Governor of
Ishat?itts, and an entente had ,braittri out in that
district. '''
The Emperor of the Preneh is MXOI4 tope in
tent on a personal mooting with all the printiipal
sovereigns of Europe.
A despatch from Berlin says that the English
Government had given notice to tie Prussian ma
nufacturers of tiro-arms that no mire suet articles
will ho allowed to enter the Eaetlndtes without
special permission.
Despatches from the Trench Minster in China
represent the situation of affitirsas unfavorable,
and ;Immune° positively that the court. of Berlin
will ndt agree to any arrangement.
A letter froth Paris; of the Istinstant, states
that the fact of ttip explandol4,. 0 tofugsma from
Genoa was confirmed by thg
,p4iodtion of the
names of those who had been so treated.
• Constantinople letters and jourelds state that n"
now complication bad arisen 'ln that silty touching
Montenegro.. A district of Albania having re
volted, the Pasha of Scutari hati.taken measures
to chastise the robots, and sent WI men against
them. Meanwhile Intelligence was received that
the Montenegrins' meditated a ascent into the'
plains tosuceor the insurgents'.'' nyinterforentgi
with the Montenegrins would aconablej
Aslip , npic..... 4 .r.. - VlO , 'real?
ustria bad held a oonferondo ih tile inlets'''. f
Foreign Affairs, and recommen eittira to instill t
the Pasbaof Scutari to suspend his ineaeureslor
the present.
The United States consul at Southampton, Mr.
United States frigate Plymouth, in the Southamp.
William Thomson, paid an, official visit to the
ton waters, on the 2d instant; ho was saluted on
embarking and leaving, and entertained 'at a
dijonner on hoard. Captain Dahlgren and his
officers were in.rite4 p a )?anguet on the 3d, at
Mr. It. Andrew's residence et IVillehStor. The
frigate was to leave on her return homo on the
4th or sth. '
The English money market was wore animated
on the 2d. Console olosed at 901 to I. India
stock, 207 to 210. Exchequer bills,oB.,to ss. 'dia.
The Faris corrospondoritof tho' london VMS'
thus refers to the it:portal meeting it Stuttgart:
" As regards what passed at the Satttgagt jnter
view, I am disposed to dwell wpm many of the
numerous current reports, most of wlichlare'doubt
less founded much more on renjectun, or on very
slig:ht inferences, than on authentic information.
It es said that, among the projects noted and die
cussed was ono, for the establishmed of a perma
nent conference amongst the groat pwers; for set
tling by arbitration all differences teat may arise ,
in Europe. This would completely hrmonize with
a rumor mentioned some time ago, Ott a reduction
of standing armies would be amongtho questions
debate d'hetwoon the French and F.ngsan mann rats.
I must repeat. Juni/ever, that it it ho opinion of
many perkons hero, who certainly dohot belong to
the re,ar party, that the French amy couldnot
safely bre materially Tethice from its present
strength, which is required, t s oy fa y not for the
defence against foreign foes, nt fe the rirtiinta
mince of tranquillity at home."
VIENNA, Friday , Morning, Qat. 2,-The Vienna
Gazette says: " TheEmporer.Francisleseph sailed
on the Emperor Alexander at Weiner, the latter
went to moot His Majesty on the stmeaso. Hav
ing embraced and kissed each other,dteir Majes
ties hod:treed for some time together.'
CONSTANT.INOMB, Sept. 23.—The rie in the ex
changes continues, but paper has .loaroased in
value tee the extent of 20 per cent., ad the civil
list quotations to the extent of 50 pe 'cent. The
national poverty ix extreme, and monlon is made
of certain eommoreiel failures.
THE LATRVLOOON 7t,ffiNEY' . naillisir—..oXDott, Fri
day Evening, Oct. 2.—ne• fPncle opcni,/te-day, with
animation, and most descriptions expennaecl a rise,
but the tone area soon changed by a hear sale of eon
In the discount market the damanda as active.
Foreign Exchanges are unaltered. Norithstanding
largo arrivals of gold from Australia, thesupply is in
sufficient to meet the continental &snails and the
prospect is discouraging with regard to tO immediate
course of the money market.
einctrthet reduction in the rate of discant In July,
the bulpon in the Oarik.of Er '
has demased
000 starling. 'f lie Intensify 0 - n p.panic New York
has induced an alma' sclapenafen Of teak remit
tances from that side, but with the return icetilldencs,
not only will the usual shipments he rescind, bat the
old erre' to will be met. It may be hops, therefore,
that during the next two or three months receipts
front that quarter will at least suffice, will the supply
from Australia, to keep the stock in the lick of Eng
land from any further reduction.
7n the railway market, to-day, blichigs liedthern,
Now york Central, and l!onneylvania Cenral abound
increksed firuitiass,
LONDON, October 73 —The Money market, animated.
Consols ars quoted at 90X. E,Setieqner 1111•OsiitiSs dis
Myanmar. Oct: 2.--Corrox.-i-The sales f the week
have been 27,000 bales. 'Prices aro :easier,nd though
quotations aro unchang!d, for finer graderthere has
been 'a locum, - of ,i‘d in the inferior qustieS: The
market elolgell quiet, but 'steady 'The Res include
0,000 to speculators, and 2,cOD to exporters, The esti
mated sales on Friday w,ere 0,000 halos. Tp 2400. to
port in Imago bales; including 198,909 Ambrati:
The currant quotations aro: Fair Orteem% ;
&Mg do, 9 3.10; Pair Mobile, Sti
Fair Uplands, (IX ; Middling do, 813-10.
Tho Manchester advices are favorable, n average
business woe going on without change In prigs:
Navar, STORES—MAID is buoyant at 3s Odds 7,7jil for
common. Spirits of Turpentine steady. .
PRODUCE—no Sugar market is quiet,hutuotations
are barely maintained. Coffee atradY,
• Be a iailnrra,— The market exhibits adecl Ming
temlendy; 6 ualliJen having slightly dealt": Corn is
dull and 64 11Y4 , 60 , 19hout dell, and Stead her, Tho
quotations are; Western 'Canal pk w , Ao licor n o m],
era Flour, 3150325; Ohio F our, ..4m334-, litWteat,
le ield On ; Whlte Wheat, Senile bliied Oin,`Jia Od.
PRovisions.—The market is generally ill. Lard
heavy; all qualities aro generally lower. Bi heavy ;
Pork quiet; Bacon firm.
hiyaarom., Saturday, October B—Noon.—tithe mar
kets aro closing quiet and steady.
The quotationti for Cotton are barely malntned
Flout is' dull, same circulars quoting a duels of Ott,
Wheat dull and 2des4d lower„
Corn dull and ed lower.
Beef 4eary and nominally qUotad. •
Lard heavy, anO} a Plight decline on all qulties.
London Times Oily tit : Betel
nualgd, Oct. 2.—The funds opted this
moiling with some i:: 4444 , 10n ) and most delePtierts or
1 . 1
securities experienced a 1: !'ll3 th tone onto mar.
ket wan thou altered by q heavy n :109014. The
first transactions were at the improved qui44°4' of
yesterday afternoon-90% to %, and, althoth there
was far some time n tendency to a forth upward
movement, there wan ultimately a resctit of an
eighth, tho nom prices being O 0) to Lc for may,' and
90% to n for the' now account,on the 10th ciNovent•
Nor. Vero,
,was not much general hustnestand the
rate for money remained at 6 to coat.
• In the discount market today the demand' settee
In preparation for the pii,itoonto,talliovitko 4otiorrow,
which will be very forge, ,
Tit" the foreign exchanges thin afterimou e o rate?
Were generally the sterna as last pest/
, The corn market was quiet this meriting at he rates
of Monday.
The report of • LiVorpool cotton irie" i ketfot the
week shown a steady business at former quotalius.
't'he Bunt prices of the French three per cot. on the
Patio Damao this &miller, Were Odf Um for money, and
68(05c for the occouht, showing little &Hutton. At
Vienna there has been o alight Increase of limeys..
About £28,890 of gold was taken from thil+ank for
We lt Is believed that the aped° shlpped , by the Penlnsii.
lar and Oriental steamer Ooloinbo will pot belP he.
low 1.600,000. Fully 135,000 is gold forlnd.l6 private
accotniti dd.:mend having arisen from the wit es buy.
lug up sovereigns at a large premium in
more coniTl4,Pt,tY,4.9ll,4l4eliBdiVer.
Ohio Election.
IgEtrkepi, &c
Tho Fellows of Josue College, Oxford, have chosen
a now Principal, in the room of the late Dr.
Folikes. There was IL full attendance, and the
choice of the Booiety fell on the Rev. Charles
D. D., formerly Fellow of the College, and
now incumbent of Itolyhesul and honorary canon
of Bangor.
correspondent of the London Times says, "In the
matter of popularity both with the Court and the
people, the Emperor Napoleon has made infinitely
greater progress than the Emperor Alexander.
The Emperor Napoleon has lost no opportunity of
:showing himself inn light aoCeptable halite people;
hit has walked out in the streetsarm-in-arm with a
single, gentleman, a IVurtemborg officer; he has
taken or feigned an interest in all that the King
is most feud of promoting, and for which he is so
deservedly popular, and gave himself the trouble
to sit out the whole of Weber's Der Freizehittz
last night, which was played at his especial desire
to hear a genuine German opera, and continued
applauding even after the curtain had fallen.
" Daring their stay hero of four days each, the
Emperors IMO been in each other's company at
least twice a slay, but in the presence of others ;
what, however, is more to the point is, that
they have bcon closeted together three times
perfectly alone, for periods varying from
ono hour and a half to two hours each. The
last of these interviews took place. on their
return from the Vold urest at Cannstadt yester
day, when they retired to the apartments occupied
by the Emperor Alexander at the top of the Crown
Prince's villa, and remained together for nearly
two hours, at the expiration of which they took
leave of each other with the greatest apparent
satisfaotion, at their having made each other's ac
• "The general resume of the information I
have boon able to collect with reference to the
nature of this meeting and its political results
amounts tq this : the two Emperors have hail
the satisfaction of snaking each other's ac
quaintance, and of exchanging the expres
men of their individual views, wishes, and
aspirations, hut that nothing beyond this has
boon obtained, except it bo some matters of so very
trifling moment as not to be worth citing in con
nection with this event. What little I have learned
shows me that, however much satisfaction the
Emperor Napoleon may have experienced at the
overtures made to him, and however gratified he
may ho by the homage thuspaid to the position ho
has acquired for France in Europe, and at the ad
ditional prestige these events will give him in the
eyes of his own people, he has not betrayed any
inclination to jeopardize or tamper with the Eng
jish alliance, which ho looks on as fundamentally
essential within certain limits to the well-being of
France and his own stability."
Those members of the family of Orleans now in
England, but who do not habitually live there, are
about leaving, with the exception, as I am inform
ed, of the Puchet,s of Orleans, who proposes re
fqr the whiter, and who is expecte4 to re
side in the neighborhood of Richmond.
[From the Times of Ott. ;.]
The arrival 'of Indian letters and newspapers
puts us in possession of opinions as well as facts.
One naturally wishes to know what is thought and
felt at ono end of the wire, or other line of commu
nication, while war rages, or conspiracy threat
ens at the other. But, the bare facts ones an
nounced, there is not much to satisfy impatience in
the speculations, the rumors, or the gossip, eyrie at
the very seat of el-Imminent. Many alourisrhas
found that at Geneva or Borne he was to all prac
tical purposes no nearer the Alps than in White
hall or Cheapside ; and it would seem as if people
wore no nearer Delhi and Lucknow at Bombay and
Calcutta, than wo aro at home. Their conjectures
aro little less wild. They seem almost equally con
demned to be idle bystanders, when every feeling
would prompt the quickest and most vigorous in
terference. Anglo-Indian opiniou, however, has
evidently entered a new stage, thongh omshet with
out preoedent. Some of the filter, More Oulatle, and
Inerb teirtertrig geoStions that occupied it . at first,
have now answered themselves. Of seventy regi
ments not ono is now loft to foster the fond illusion of
its fidelity, till the happy moment for the bullet or
the " tulwar" to do its appointed work. Not a
mess remains to be butchered sitting, or a colonel
to be rudely interrupted while writing to the
Govemor-General a letter full of happy assu
rances. Few stations remain to be burnt, and
few treasuries to be " looted." The death
of malty herldred Akers. civil and rollitery, in
,battle, or minis generally by the hand of the
assassin, and the massaoro of as many women and
children, have gone far to exhaust the fund of
private solicitudes. It is true that there aro
stations dotted about of which little is known;
but the mind wearies of repetition. Lucknow
'would be only Cawnpore on a somewhat larger
'Beale, and should the infection which has reached
the Bombay and Madras armies infest the whole of
thb dark 1,104, tied lead to equal atrocities, no
numbers, no op . lor the
:want of novelty. So opinion has now passed into the
.hard, calculating, military stage. The residents at
Calcutta can look forward to the approaching cam
'paign. The real war, according to Indian notions,
has not yet begun. It must begin in September,
and end in May, after which month it seems taken
:for granted that not a shot will bo fired. Passing,
'then, over the preliminary horrors, Indian politi
cians are evidently satisfied with the prospects of
•the war. They think that we shall have a suc
cession of triumphs, and that next spring will find
',us holding India with a stronger grasp than we over
;did lsofore. Strangbly enbagh, this conviction be
trays itself at the very tinto that the gravel of the
'English mail brings - what seems them an immense
underrating of the mutiny. We believe that on this
:point they aro mistaken. The statements and esti
mates made, in or out of Parliament, to the best of
;our recollection, simply reflected from time totime
Ake latest news from India. It was nobody's busi
;noss here to anticipate worse than was known, and
•roinforeemeete were despetehed, If not quite as ex
peditiously na if the worst had been known, as ex
-Ipeditiously as anything is ever done in this country.
• military eatimate, then, taken at Calcutta
:looks 'rather to the reserve than to the forces
:engaged, and rather to the surrounding country
{then to the actual seat of war. Even the prospect
of reverses in the present battlefield. and the inter
ruption of communications, sloes not some to concern
t them as numb as might be suppose'. At Calcutta
,they aro safe. The arrival of the Chinese force, the
sight of the Shannon in their river, the passage of
several regiments up the river, and, above all, the
departure of Captain Peel, withl 900 British sailors
and ton 68-pounders, mabo them (col es severe as
we do at home. The arrival of Sir Colin Camp
bell, a commander-in-chief, with real power,
replacing Sir P. Grant, who, Rs an Indian
officer, had responsibility without power, con
tributed to this comfortable feeling. At all
events, the tido of war seemed to se rolling up the
Ganges, and every wave of it would drive further
inwards the mutineers of Dinapioro, who have
created so much Mare) ; of itainghur, on the very
borderts of Bengal proper; of- Oudo, and the whole
valley of the Ganges. Looking at: the other ex
tremity of the disturbed line, the state of things at
Delhi was so encouraging that we felt ourselves jus
tified in calling it the other day the bright spot
in our Indian prospects; but at Calcutta they wore
even more sanguine, and fully expected, on the 23d
of August, that the assault had already taken place,
when it was supposed the mutineers would be dis
persed and a large parts? the besieging force would
be available for the relief of Lucknow, and the
conquest of Oudos The tables had so far been
turned. on, the mutineers that time was in our
favor. Every week was adding several thousands
to Mir throe, and the idea of a Sikh invasion of
Ifindostan under the British flag Was so popular
in the Punjab, that there appeared to be no limits
to the accession of atrength from that quarter.
In Delhi all wag confusion, dissension, deser
tion, want of powder, percussion caps, money,
mon, and food. The king was most uncomfortable
in his quarters; our ertllloo% having found his
majesty's range The Mahomodans and }Undoes
were quarrelling for the use of the water tanks.
All were greatly discouraged by the uniform de
feat of the recent sorties. In this extremity
the question was whither to go—whether to
oonourt discretion by going down the Delhi
side of the Semen, or to take the more valorous
courts of crossing the river by the bridge of boats,
and malting for Cede. In either case it would
be strange if we did not follow them up, and
inflict that chastisement which they now avoid
under the shelter of wails and streets. As far as
eon be inferred from the desoription of our camp
before Delhi, alit the hodiee of Trregulars flocking
to our aid - from the 4 Punitib, 'Cashmere, Kumaon,
and Nepaul, wo are much better prepared for open
warfare than the garrison of Delhi, with no otner
" tower of strength" than their " King's name."
The probability is that the more desperate and
deeply committed of the mutineers, driven out of
Delhi, would swarm in the direction of Cede.
It is vain at this dietance, and this day, to
speculate ion the fate of Lucknow, which, be
it well or ill, is now a thing of the past.
Even at 'Calcutta they had had no direct and
certain news 'of the Ord:lord with its precious and
helpless charge, for a Whole month:- Wools' sup
posed that General Outram would attempt to re
lieve the place by going up the Oogra or the
Gooretee, sshjoh might , be, a necessary • change
of route, but serves to show the time required
for the task. 'limit, whatever the result, there
will then •ho Amply two armies in the field.
Agra, at least, we assume to bo safe, as it is no
longer mentioned with anxiety, and is said not
even to be invested. Certain points, such as Alla
imbed, will then ho hold for military purposes;
but 'otherwise it Will ho a simple, ordinary case
of two armies in the field, depending for success on
their spitit,: their numbers, reinforcements, sup
plies, and the good-will of the population. Wo
feel no question tiod, ip all those points, except,
possibly, the nuns Mrs isetually brought into notion,
too 'dive the best of it. r We have all the chief con
ditions of success. It will bo found—indeed, it has
already been found---thet, as wo have said from the
first, this is not arebellioe, or oven an insurrection;
it is only a mutiny. Notwithstanding certain taunts
at our want of prescience or want of capacity to
comprehend the fact, this is only a military revolt,
inspired by those causes and motives that prevail
most with the military charaetor—aggrandise
ment, love of plunder and general license, pure
restlessness—in a word, all those feelings that have
rendered India is sea of troubles for these many eon
terra' ' , The mischief is almost eonfined to the
soldiers, useless it be an accession of credit and
strength to their cause that the criminals they
release from the , gaols, and the ruffians of
every town held them to plunder and de
stroy: • But, on the whole, with rare and
accountable exceptions, the people are in our
favor, and as the war proceeds will be so more
Ism) more. Every day the war will be confined to
a still closer compass, and with Bengal, the sub
ayah countries, the Pun jabs Mid 'Cent ral In
airconvourgiler, wo'shall 'crush the mutiny; Ivo fully
exited, before next setnituer.
Mr. Editor: Your article upon Omnibus
Registers, in THE Pause of yesterday, does not
exactly moot with my approbation, and I feel dis
pose,: !a think that if you will give the matter more
horough exarilltultipn, YOU must undoubtedly come
to the conclusion whiet, upon a studied reflection,
I have subjoinedbelow. My Ifilnvo in favor there
of are'simply these : Firstly, In entering into an
omnibus at thp Exchange„partioularly ut a late
hour of night, (which generally becomes well seat
ed before startiog,) by paying the fares in advanco
you avoid the'disagreenble detention made by the
driver receiving the fare of .tho passenger getting
out, and 'wr.,iting for change, especially tivbero
it is in is dark place, apd when he must pull his
gloves elf for, eaeh separiito fare; furthermore, at
night a passenger too becomes Moreor less drowsy
or sleepy, if he has somo distance to ride, that ha
will naturally fumble longer for the faro than by
paying upon entering the omnibus. 4s to the dial
plate, Wifas been found, upon examination, to bo
of great and Material advantage to' the proprietors
—ad much so, that they receive nearer the sum
total than otherwise. Knowing this to be the fact,
I feel It my duty to wilco It known to yop.
IP4llfulzi,phin, pursdav, r Oct. 150, 1857:
[For The Press ]
What is to be the
_fate o f the Reatfing ratlroad ?
Is it to go into the hands of trustees for the benefit
of the holders of mortgage bonds, or is it to be as
signed for the benefit of all its creditors ? To Nome
such condition it must shortly come, under the
present inefficient and injurious management.
The company is hurrying on to the catastrophe.
There is but one moans of checking its downfall ;
which is, to change its responsible officer, and re
place him with another who has knowledge of the
condition of the concern, experience to judge of its
interests, tact to administer its affairs, and the con
fidence of the public to cheer him onward. In
proper bonds the Beetling Railroad Company will
resuscitate its business, arrange its indebtedness,
and thus not only protect its general creditors and
its bondholders, but its stockholders, the coal
miners of Schuylkill county, the coal merchants of
the large cities, and the owners of coal lands. The
interests of other coal regions are also involved in
this matter; so largo a business as that ofSchuyl
kill county cannot be mismanaged without in
juring the coal trade in other parts of Pennsylva
nia; so that this matter is of vital importance not
only to the minors, transporters, and dealers in the
product which finds its way to market by the
Reading railroad, but to all other coal operators,
and to the people who burn coal.
Tho present president of the Reading Railroad
Company, R. D. Cullen, assumed his post at a
period when, unhappily for the company, its former
president, John Tucker, had resigned. What the
merits of Mr. Tucker had been in that position is
shown by the testimony of the managers, as given
in the annual report to the stockholders in the be
ginning of the present year:
t , The managers have to inform you that Mr.
John Tucker having tendered his resignation of the
presidency of the company, a meeting of the board
was held on the 6th of November, and the vice
president was elected to succeed him. The elec
tion of a now manager in his place was deferred
until this meeting.. Mr Tucker had been so long
connected with the, company, was so perfectly
acquainted with its interests and connections, and
managed its concerns with so much seal and
ability, that his retirement will be a matter of re
gret to you, as it is to the managers. When it is
remembered what the company was when he joined
it, the difficulties through which ho guided it. and
the prosperity in which ho leaves it, hie abilities
as an administrative officer, and his devotion to
your interests, will be duly appreciated, as well as
the uniform kindness and consideration for others
which euabled him, after a long course of power,
to retire from his office with the good-will of all
those with whom he had been associated.
. , .. ~... . .
" By order of the Board of Managers.
"R. D. CULLR:f, President.
" Office of tho Philadelphia and Reading R. It
Company, Philadelphia, January 12, 18.17."
Prosperous in its business, and with full hope of
a continuance of good fortune, the Reading Rail
road company, when Mr. Cullen took the veins o f
power, was considered staupak end nolvent. There
was mutual eogdonce between the transporters,
shippirs, and dealers in coal, and the company
Mr. Tucker fully understood the wants of the trade,
and his arrangements were of a naturo to encour
age the coal interest, while they were of profit to
the corporation. The concerns of the Beading
Railroad were thus in good position to be fostered,
and still further improved by judicious manage
ment. The directors, perhaps too confident that
this state Of affairs would continue without the con
trol of an able head, sent to have thought that
very little care or judgment was necessary in the
choice of a successor to Mr. Tucker. In this fatal
spirit of self-reliance, they elected, as president
of the company, a person who was not a citizen of
the United States, who had no sympathy with our
people or institutions, and who really had no in.
Wrest in the company, being a mere agept or
clerk of the McColmonts l uglirh sockholders.
Mr. Culien entered upon his duties as if ho con
sldortid it la mission to unsettle all the plane of
his predooessor, and to prove his administrative
ability by making radical alterations in the most
important rulcs of business. His first blunder was
to totally alienate from the company the feelings and
confidence of the shippers at Port Richmond.
To this succeeded equally strong discontents
among the minors of Schuylkill molly. phis dis
satisfaction has shown itself io che diminished bu
siness of the 'road; an the increase in the tonnage
of the slower but better managed Schuylkill Na
vigation Company. floats have succeeded in di
verting the coal from the cars, and instead of tho
business of the railroad company showing, as it
thould do, an increase, It, has fallen off immensely.
Nor is this all : the financial concerns of the com
pany have become most dangerously involved, in
consequence of the vest sums for which it has be
come responsible for the clonatruation of 'Mi. Cul
len'spet'scheme,.the teltanon Valley Railroad.
instead of attending to the transportation business
of his own road, the Beading Railroad president
has turned his attention to the construction of an
other road. In this way three million of dollars
of floating debt has been created, and this floating
(Lebanon Valley) debt is what drove the company
to the wall, and caused the protest of its oblige.
The directors have great cause to complain or
Mr. Cullen's eonduet in this Lebonon'Palley affair.
He promised them the assistance of the BicCal-
Monts in order to moot the obligations assumed for
that work, and thus free the other business of the
Reading Railroad Company from difficulty. In
this promise ho lies utterly failed, and the debt so
recklessly contracted new bears down the concern.
As a financier Mr. Cullen is without merit. An
incident which has just occurred , shows his cede of
financial tactics very plainly. The Reading Rail
road Compaby hold a note for five thousand dollars,
duo by another company, a few days ago, and
since the bank suspension. That company had
EOM time previously made a contract with tho
Reading Company, that if it was wished, tho note
phould bo renewed, to the same rate ae the Read
ing Company was paying upon its own notes at the
Limo of renewal.
Previous to this time, under Mr. Cullen's mis•
management, the Reading Railroad Company's
Paper had been protested, and Mr. Cullen having
ecome conscientious, insisted that it should be
tenowed for six months at simple interest. The
'pompon) , whose note was held by the Readitig was
rotitled to a renewal on the same terms; but the
nsoientious Mr. Cullen would not renew at sim
ple interest, but demanded three per cent. a month.
his was the conduct of a Shylock, who was not
pven content with his pound of flesh, but required
the blood too. Ho was remonstrated with upon his
disregard of the golden rule, " do as you would be
Flows by." After argument and indignant reproof,
his heart was softened one per sent., and he agreed
.o take two per cent. a month. The debtor cons
amp was not obliged to pay that amount. A coin-
Plaint of the proceedings of this model president
isms made M the directors of the Reading Railroad
Company, and the latter compeller/ Mr. Cullen to
fulfil the agreement which, iq the spirit of a
Shaver, ho desired to break. This incident is a
fair sample of the financial tactics of Mr. Cullen.
He boo no capacity for the station he fills; he has
no idea of the suavities which accelerate business;
he has no pity for the distresses of the creditors of
Hie company, or for the stookholdero whom pro
porty he is depreciating by gross mismanagement,
recklessness, and personal unfitness for the duties
of the station which be holds.
; That these opinions are those of all who know
'anything about the wretched management of the
Reading Railroad Company is susceptible of easy
proof. There is an utter want of confidence in the
Colton administration. Of this fact there is testi
money in the following resolution passed at a maet
log of the citizens of Pottsville, on the 3d of Ooto•
bar, held at the court-house, Walter' Sedgwick.
E'sq., in the chair, and John $1 Crosland, secre
tary, and published in the Minvig Register, of
ifim 10th :
"Resolved, That, in the opinion of this meeting,
there is groat necessity for a change in the press
dewy of tho Reading Railroad Company, and the
policy of the directors; and no believe the re-
Wooden of John Tucker, Esq.. to that post, MI.
trammelled by a vestige of the present manage
ment, 'will be the best and most effectual way to
do justice to our coal operators, merchants and
business mon ; bring' the staple product of our
country into fair and successful competition with
other coal districts, and thereby furnish a basis of
'credit, confidence, and prosperity to this great
artery of mineral wealth."
The re-election of Mr. Tucker is most impera
tively demanded The hand that raised the com
pany front the brink of insolvency is the only one
to again lift it from the position to which Mr.
Cullen has east it down. That Mr. Tucker had
guided the company " through difficulties" and
" left it prosperous," was attested by the tee
nagers, Charles S. Bokor, Samuel Norris, George
W. Richards, John Aahhurst, David S. Brown,
Joccph Swift, and Mr. Cullen himself. That Ithe
Cullen management has not "done justice to our'
coal operators,' merchants, and business men," is
declared by the citizens of Pottsville, in town
meeting assembled. Furthermore, they say that
the only remedy for the , ruin which menaces the
company, is the re-election of Ilfr, Tudor, and
the restoration of that confidence in the manage
ment of the concern which is now almost' totally
withdrawn. This matter concerns the bond-.
helders;the oroditois, and the stockholders of the
company. Will they exert their' authority to
rescue the Rending Railroad Company from the
incompetent hands which bane Sailed to guide it?
or will they permit it to go into bankruptcy to
their own ruin? These aro questions of the utmost
importance. The causes are known ; the remedy
is in their hands; will they adopt it?
The Apple Crop.—ln awaye of the counties
adjacent to our city, the apple crop, with the ex
ception of the cider apple, is pronounced a failure
generally. But wherever the eider apple is thund'
in the orchards the trees are laden with fruit. In
the middle, and lower sections of the county this is
partioularly the ease. 'This is a matter worthy of
attention of farmers, and many are already
strongly itnprocsed with the idea that the eider ap
ple is, the inset, profitable and, best suited to this
region of country , it hitving proved the most sure
°rep for several yours past. • ,
Salo of ologaat hoasehohl.furaiture, North Sixth
streot t tiie morning. the Thomas 4. Sons' attar
ACADEMY Or MOBIC, 8 . W . oorNER or BroAo AND 1, 0 .
CENT STREETS -- Ls Yiglia Del Reggilnellto."
ABOVE SETH —" Jack Cade"__" Spectre Bridogrcolo "
AND WALNUT STREETS.—" Temptation"—Muleteer of
Toledo "
STIMET Uncle Tom's Cabin,"
CHRSTO/T.—Ethinpinu Lira Illustrated, concluding with
a Inughra,le Afterinece
—Miscellaneous Concerts.
Proceedings of the City Councill.2-A stated
meeting of City Councils was held yesterday after
noon, at which the following business was trans
acted :
In the absence of the- President, Mr. Taylor, of th , i
Sixteenth word , was called to the chair., Theireadira
of the journnl was dig:reused with. A number of unim
portant petitions and communiesitions were presented.
read, and appropriately referred.
Mr. Copier, from the Criramittes on City Property,
submitted a report on Sedgley Park, which *0 are una
ble to publish this morning for want of space. We will
endesvor to find room for it to-morrow. The report gives
a history of the property—the finctuations in its value—
reviews the charges, and gives the statements and proofs
of Mr. Andrew Miller, and concludes by stating that the
committee a renew their previous recommendation to
Councils to accept this generona gift with feelings of the
grentent eatiefaction," and by expressing a belief that
in future times " all who have been instrumental in ef
fecting the addition of Sedgley to Fairmount Park" will
be recognised as public benefactors.
A communication was received front the Commission
ers of the Sinking Fund. On motion of Mr. Nansens, it
was referred to the Committee on Finance, and ordered
to be printed In the Appendix to the Journal of Mart
Counci le
A communication was received from the newly elected
Commissioner of Markets, giving the names of his sure
ties. Referred to the Committee on Finance.
The fourth quarterly report of S. P. Fearon, the Chief
Engineer of the Fire Department, was read and referred.
During the months of July, August, and September,
there were fifty-five fires. The loss on real estate was
$28,310; on personal estate, $45,405. Total loss $71.715.
Insurance on real estate, $23805. Insurance on per
sonal estate $ 35,8 2 _0.
0. Total insurance, $59,425 Lose
on real estate over insurance, 82.505. Lys on personal
estate over insurance, $9,785. Total loss over the in
surance, $12,290.
The following is the classification by districts:
Lusa. Insurance.
First $340 . $l4O
Second 32,635 30,325
Third 8,000 2,000
Fourth 30,100 :24.880
Fifth 750
Sixth 2,650 050
Seventh 3,240 600
The following in the statement anbmitted by the Com
missioners of the Sinking Fund, showing the amount in
vested on account of the Covent Milking funds, the cash
balance to the credit of each, and the quarterly appro
priations duo to each, October let, 1857:
Sinking Fund of certain obligaisons.
Amount invested $2,30000
Oath balance 385.25
Appropriation, October 1, 1857 342 25
, ...
Sinking Fund of Road Damages.
Amount invested $6OO 00
Gash balance 226 75
Appropriation Oct. 1, 1857 184 50
Total Fund 1711 25
Sinking Fund of N. 11". Railroad.
Amount invested 1;12,300 00
Cash balance .9,351 60
Appropriation Oct. 1, 1857 1,950 00
Total 16,601 50
Slaking Fund of Sunsing and Erre RasirOda.
AMOLH t icareated $12,600 00
(bob balance 3,551 or;
Appropriation October lit 2,150 00
Total 19;201 00
Sinking Fund of PAvladelphia Gas trorks,s2o,ooo 00
Ant iuTested 5,109 25
Total 23,799 25
Sinking Pm/0 of City Debt of 110,00C1,000.
Amount Invested $182,478. 84
(lash balance 34.373.54
Appropriation 24,000 00
Total 241.852.38
Sinking Fund of Loafs q . t . . $1.,000,000.
Amount invettod 113,300 00
Cash balaoca. ..... 3,460.75
Appro.pr4tion 3,000 00
Total 19,160.76
Sinking Fund of Loan of $BOO,OOO.
Amount Inv. ted 13,700.00 -
Cash balance 2,535.55
Appropriation 2,400.00
Total fund $8,035.55
Several resolutions from Common Council were con
marred in, and the Chamber adjourned.
The Chair submitted a communication from John
51cOartky, Commissioner of Highways, stating that the
amount appropriated for the repairs of thestreets would
be exhansted on the 4th of November next. He asked
that $20,000 be transferred from other items for that
purpose. Referred to the Committee on Highways.
Also, a communication from the City Controller, ask
ing an additional appropriation of $398.50 to pay a num
ber of small claims. Referred to the Committee on
Also, a commanimtion from the Commissioners of the
Biuklog Fund, giving a detailed Recount of their opera
tions for the last year. (See proceeding of dulcet
Council )
A message was received from the Mayor, et:sting that
he bad signed the resolution authorising the contracts
for cleansing the streets
A communication wee received from Mr. W Lamb,
Commissioner of Markets, giving the names of his cure
ties. Referred to the Committee on Law.
Mr. Bteel, in place, submitted an ordinance, supple
mentary to the ordinance passed and approved January
22, 1957, prohibiting the sale of game out of mason.
Ordered to be printed for the use of the members.
Mr. Mueller submitted the fourth quarterly report of
the Chief Engineer of the Fire Department.
Mr. O'Neill, in place, submitted an "ordinate for
conselidaNng the different gas ir94l. Ordered. to ho
Mr. Burns, in itls.ce, submitted an ordinance for the
erectiod add control of a market house in Frankford
bald over.
Mr. Ring submitted a resolution. compelling the mem
bers to record their votes when present. Referred to a
special committee.
I Captain Day called up the resolution passed by Select
Council, calling upon the Board of Health to report in
relation to the expenditures by that body in filling up a
lot on Pine street, betwoen Fiftsentb, arid Sixteenth
streets, and in regard to all other expenses and receipts
by that body.
The resolution was agreed to.
An ordinance was submitted, repealing the ordinance
passed July, 1554, directing the City Treasurer to deposit
the funds of the city in certain banks. and leaving the
subject to the discretion of that functionary.
A motion was made to refer the •abject to the Cons
inittee on Finance.
Mr. Moocher opposed the motion. Me desired the
Question met at once—it Neva& Democratic measure, and
he thought should be met squarely, and without refer
ence to any committee.
Mr. Parksr said, in reply to the last speaker, there
was a difference between Democracy and demagoguism.
It had been alleged there that all the banks Fere
broken If this was a fact, they could soon get a Demo
cratic Legislature to mend up the matter. •
Mr. Miller desired the matter settled at once, lie
wished the name of the Pennsylvania Dank stricken
from the list of banks In which the City Treasurer is
compelled to deposit p cortAin portion of the ,city's
Thu motion to refer to the Committee en }finance was
agreed to by a vote of 31 to 26.
Mr Rerkins called up the ordinande alithorizing the
payment of the Interest on the mortgage upon the Ledg
ey Park.
Mr. O'Neill said that at the lest meeting he was sur-
Pprised at the opposition to this ordinance. He was then
Informed this was a scheme to shift a certain responsi
bility upon the city. Since then, he had been informed
that sixty persons had Joined together to purchase this
property for $60,000 or $63,1100. They Intended to
sell the gravel on it for 616,000 or 6211.900,
which they will expend in puma and grading - .
as well as the laying of water pipes on Parrish
street, Thompson street, and Girard avenue, which
will be extended through the ground. These men will
then divide the property into lots of one hundred feet
by 200 feet. so that each. man for his $l,OOO will get a
lot of 100 by 200 feet at a price of about 60' cents per
foot Of those who propose to purchase this ground,
too are butchers, and the other two brewers of lager
beer, who will occupy the river front of the ground,
and the filth from their wotks will be pumped into the
reservoirs at Fairmount for the people to drink The oc
cupancy of this lot by these men would be of immense
advantage to the medical community who profit by sick
ness and misfortunes He appealed to them to pass the
The ayes and nays were called upon the mot rra Lo
suspend the rules, to consider the bill, when it watt not
agreed to by a vote of 34 to 23, (not two-thirds )
Mr. Holman, of the Committee on Variance, submitted
a report, stating that of the $3,001:1,000 of tax levied by
Councils last year, only V 1,200,000 had been collected up
to this time lie submitted the following preamble and
WHEREAS; Our citizens, in common with the people
of all sections of the country', are sufferiug from the
effects of one of the must destructive financial 'embar•
tassments this nation ever witnessed, it therefore be
hooves us to exercise more than ordinary economy and
retrenchment lathe administration of the affairs of th
Therefore, be it resolved by the Select and COM neon
Councils of the city of Philadelphia, That the heads
of the various departments of the city are hereby au•
joined to exercise the most rigid scrutiny and economy
in the further expenses of the city, and that they are
hereby authorized to curtail the expenditures of the
public money', in every department where the interests
vif the city will possibly permit.
Furthermore, to report to Councils what, hit any, fur-
Iliac reductions can tie made in the estimated expend'.
tures of the departments for the year ws.
Resolved, That we hereby call upon the citizens it
largo to aid on In our efforts to sustain the credit and
interest of the city, and that all persons who are in
debted to the city, for taxes or otherwise. are earnestly
requested to make prompt payment, so that the prom
leg demands upon the city treasury. may be promptly
The resolutions were unanimously adopted.
Mr. Holman, of the Committee on Finance, submit
ted an ordinance authorizing an appropriation of $l,lOO
to pay the State tax against certain property recently
sold by the city. Agreed to.
Also, a report and an ordinance arthorizing an appro
priation of $2,700 to tha City Commissioners, vu :
$1,200 for indexing hesessoris books.
$5OO for making up etreet lists.
$OOO for pay of election offprs.
$330 for making out tax duplicates.
$lOO for stationery.
The ordinance, after some debate, was agreed to
Also, a report and resolution antherizing tho transfer
of certain items of the appropriation to the Gmardiatis
of the Poor, which was agreed to.
Mr. Drayton called up again the ordinance author
izing the payment of the interest on the mortgage on
the Sedgley estate
Mr. Miller said this was not in order, as it had been
once voted down.
The Chair decided the question in order.
Mr. Miller appealed from the decision.
Mr. Parker moved to lay the appeal on the table.
The ayes and nays were called, and the motion agreed
to by a rote of 41 to 12
The ayes and nays on the motion to suspend the order
of the day so es to consider the bill were called, and it
If. agreed to by a vote of 38 to 14.
The ayes and nays on the final passage of the bill re
sulted as follows
YEAS—Messrs. Baird, Black, Boyer, Brown, Burnell,
Butcher, Clay, Ceaper, Day, Boukherty, Drayton, Ford,
Pry, Oinnodo, Dolman, Jones, 'Sane, Kauffman Kel
ler King, Aneass, Lewis, Moyer, McFadden, Mclfwain,
McNeal, O'Neill, Palethrirp, Parket, Perkins; Steel,
Thompson, (Oscar,) Yanhorn, Vsurey,Wartm4, Wildey,
Will uma, o u, Wright, (B. y.,) Miller, (John,) (Pre
sident)-1 Y
NAYS—Mews Faulkner, Kerr, Thompson, (John.)-3.
The decided the bill lost, as them was no
quorum present.
Messrs Cooper, Colboon, (}Disler, Makin,, Mc,Makin,
McManus, Moocher, and Stevenson, declined voting.
A motion was made to adjourn, but not agreed to.
Mr. King moved to postpone the subject until neat
A ebarp debate now ensued between Messrs. Parker
and Miller, which was mere personal than parliamentary,
more plain than palatable, and more partial In its ap
plicability than particular in the selection of language.
Messrs. Stiel and Clay advocated the passage of the
bill, • and dilated upon the impropriety, of the above
members sitting in their places and defeating the bill
by their refused to vote
Mr. King declared Common Council the most chiidish
body ever convened in any country under the sun,
Mr. Miller spoke at some length, declaring this a
scheme of speculation to defraud the city out of
Mr. Kneaoe replied to the last speaker. • Re thought
there was no authority.for " dodging" the vote on this
or any other question. 'lle administered to the last
speaker &severe rebuke.
The motion . of Mr. Ring 'wax not speed to. i No quo
Adjoarned.. ,1 , ,
[Reported for The Pips.)
V. S. D/STRICT ,Corar—Judge Grier.—Ewing
mr. Blight Jinige'llrier charged the' jury in this
eazo at great length. and with great distinctness and
elaboration. Jury out. "
COLIION PLEAS—Judge Allison.—Mange w.
Bel lug. An action torecOrereorondadons for lands
sold. On trial. McLoughlin and W. F. Johnston,
Esiis , for plaintiff ;U. St Wharton, EN for de
l'ol'lll . No I—JuJre Aare —George
Lauer v. The National Saving Fund. -An action
to recover 9:125, dt posited by the plaintiff with the
Liavlng Fund in 1554 The defendants produced
311 order par t °rang re here been Aved by plain
tiff date•l nth September 1856, for s33B,onwhich
they Ind paid th is amount The signature was
proven to he the phtintiTs. awl that the_partypre
tenting the order ha I the deposit hoek. The plain
tiff alleges the order we= forced. On trial. Judge
Dann for plaintiff, P. C. Brewster, F 1 .., for de
DISTRICT Caa? No. 2 —Judge Sherwood.—
In the ease of Edward Kearney vs. Welsh and
Evans, before reported. theta a verdict for
the plaintiff of 550 Daniel In - _gherty, Esq., for
plaintiff; and Aaron Thoir.2sc:-, Esq., for defend
Henrietta Stoeckel vs. George Stoeckel and
Fidel 'Fisher An action fur wa.low's allowance
under the act of Assembly Verdict for plaintiff
53 9 7. H. M. Phillips and Earle, Esqs., for plain
tiff; Judge Parsons for defendant.
Jenkins and Evans vs. William Henderson. An
action fur lumber sold and delivered. Verdict for
plaintiff $201.39 Alsop, Esq., for plaintiff; IV.
U. McAllister, Esq., for defendant.
Wm. C. Mclntosh vs. the trustees of the Third
Baptist Church of Philadelphia. An action for
money adranced to the trustees. On trial. H.
31. Phillip- and Ilanna, Esq , far plaintiff W.
Jenkins, Esq., for defendants.
QUARTER Sessions--Judge Thompson —John
Bates was convicted of assault and battery on
Ellen Bates Sentenced to pay a fine of one cent
and costs. and enter security in $5O.
John Gallagher was convicted of stealing a pair
of boots. Sentenced to five months' imprisonment.
Henry Emeriti was acquitted of burglary.
Garry Carroll was convicted of etealing a coat.
Sentenced to six months.
Henry Kamera! was convicted of carrying con
cealed deadly weapons. Sentenced to three mort.h.s.
. Margaret Kelly - was sentenced to nine mor4ha'
imprisonment for the larceny of wearing apparel.
Lydia Shaffer was sentenced to fire months' im
prisonment for the larceny of silverware.
Alexander Moore was sentenced to one year is
he eastern penitentiary.
[Correspondtace of The Press.]
New YO2E, Ott. 1557--5.20 P. M.
There is decidedly a tetter fPeling to-day, add tb
tore of the money market is tartly improred. The at,
pension of the unjust mete of specie settlements at t)
Clearing House where the public were compelled 2
receive paper, respired on at a meeting last night, b
done much good.
pee Money article in era number of Tea Passs
There is now is good prospect of a restoration of col
edence, and a retie nto good business relations .A
said yestepley, we now know the worst, and are r
longer 'ee apprehension, and we are better able helot
oUr difficulties in the face. Money is Ail/ frightful
scarce; but this will soon improve, the banks being-no
resolved to act in harmony, nod, although rather late
to help their customers. Specie does not demand mot
than one per cent. premium, and even at this prie
buyers are not abundant. The receipt of State eurrene
on deposit, and in payment of notes due at the banks i
generally established no a rule by all the banks of th
city. This is a great relief and will materially help th
forwardiug of the crops from the West. On the whole
a few old fogies regret the suspension of specie paymesta
but the community feel relieved and satisfied, and an
far more hopeful than I have seen them ghee ow
troubles began. The run on the savings banks tussah
sided. The rule, not to pay more than ten per cent
in specie on demand. has done good. It was erraneonal3
reported that the hi-tisane' hank was insolvent. Ii
does business as usual and shows *tette of 0000
with an intact capital. Some tumors have been'ereme
listed relative to the solvency of the Bank of New York,
Its eondition ' on thel3th inst., was as follows:
Loans and dis counts /13.675,..ett
State stocks 5110,146
Exchange On Philadelphia is not higher than 5 pe
cent , and on the West and South very irregular ant
The Chemical Bank stillmaintains nude paymeats,ant
will continue to the last. Its capital is t. 300,000. bet-
Bement/ at the Clearing House were made to-day in
bank notes, in packages of $l,OOO. coin, city notes, or
certificates of deposits of coin. The transactions were .
Clearings, 38,375.f00 GI; balance in coin, 6872.373 36.
The news by the Vanderbilt is &Terabit. There is s
report that the Rothschild, hare despatched an envoi
to purchase a cast amount of oar Securities dram
for payment in sterling. Foreign exchange La gone us
to 101, but this is an extreme rate, with a Large number
or second-class bills offering. The North River Beal
goes into liquidation.
The Boston bank officers have proposed a measure of
relief for adoption by our banks, which, if carried out.
will be of incalculable benefit. It Is rewind foi
the banks of bath cities to juin in extending monetary
assistance to the merchants inproportion to their beat
ing capital. That is to say, New York to extend
$0,000,000, and Boston $3,000,000; or $10,000,000, and
$5,000,000. Should this be done, great relief would ba
felt. The following ia a statement of the Boston banks
for two weeks :
Leans and 1113 Specie. eicctastion. Deposit,.
October 5, $49,315,935 52,661..950 $6,241,673 $12,961,411
•, 12, 45,913,064 2,645,492 6,252,90 e 13,439,0
Increase, 575,512 1 ,6 1,324 $ 478 , 41
Decrease, f.-.44`1..5T1
The stock market has taken a great jump. Byer).
thing has advanced. Reading is about stationary. Nor
York State stooks Aivanced from 5 to 13 per cent ; mitt
aisles to the amount of $70,000. Virginia Ws rase
per cent. ; Penn. Coal Co., 12; Delaware and audios
Canal, 10; N. Y. Central, 4 ; Panama, 3 ; and. Chicago
and R. I. 5. Nothing declined. The advance is so
rapid that I fear it will not be makttir.ed. A compari.
son of the bulletins with those of haturday arid Monday
will show the immense whence.
The cash transactions of the Sub-treasury for the day
were as follows: Receipts, Sl2S,9iki.So—sl4l,o3o tran,-
ferred from Boston, payments, $193,069,94; bsl se e ,
The customs receipts for duties 10-day were $22,000
SECOND BOARD--OOP. 15, 1457.
. . . .
6,500 Virginia 6's 84 5O N T Centre/I[bl°
63 63 -
-4,000 Ito State 6'3 OS al, do X'
3,000 do 67X 100 _Erie It 105(
3,000 do 67) 40 La Crosse & Illilll 7
2,000 T eithtste 6'3 '9O 64 170 do 6%
5,000 do 65 220 Hudson River R 13
68,000 N'T State s's '5595 15 Harlem B 73j
10,000 do fi'a "73 103,X 250 Reading B MO 3434
8,000 do 5'3 '74 95 20 do 35
11,000 do 6's 'OO 99 100 do b3O 35
7,000 Mich State 6'a 99 10 Panama ft 68
1,000 Harlem Rist sei 60 290 Clev & Tol R Mi
8,000 111 Cen R lids 59 20 do 283 f
2,000 Erie It 2st m isis 75 100 do sex
50 Amer Ex Bank 70 130 Chic & 818 "10 677(
43 Bank of Com 703( 7 do 67X
50 Cumb Coal Co 7,i( 100 do slO 67
150 do ISO Tx 25 do MO 66X
Pa ideal SCo 67x 13 WO/ & Mise B Hi
MARKETS-58023 —The market is better for Pots-.
sales at 6 37Xa6 50; Pearls saleable at 5 75.
COFFIZ.—A little more is doing, 700 bags of Elo nolit
this morning at 1031411 s.
Corms—The market 10 very scantily supplied, and
notwithstanding evidences of an improved tone in cora
inerciat matters generally, there has not been any open
ing of trade in cotton, for the reason that there is no
stock here to operate in. We continue to omit quotation
as nominal.
Fisu—The market for all kinds eontinurs dull and
heavy; no cargo salsa have been made. Small parcels
from store command about former rates.
Fovea, lively demand for Western Canal
Flour for the home and ea-tern trade, and for export,
bet mainly for the loch trade, the extreme prima
asked at the close checked the demand, end the market
closed dull and heavy
The better grades are uwettled The sales arell,ooo
bbls at $.1,75a $4 85 for common to good State; $4 90.)
$5 IO for extra do ; $t.70354 85 for ‘uperane Indiana
and 3lichipm; $4.90355 $5 for (nitre' do; $5.Za55.70
for extra Oblo ; for Bt. Louts brauda, areA
$3.75857.60 for extra Geneaeo.
. .
Canadian Flour is better—the arrivals are larger, and
family extras are more plenty. :islet of TOO this at
$5 20.156.7 F—the lal ter place for family brands;
tine out of the market. Southern Floor is also better,
and in fair demand—tbe offerings are not very large.
The sales are 1.200 bbts at $5 &dab 60 for mined to good
brands Baltimore, si. a., and $5 755a7 25 for the better
grades. •
Rye Flour is quiet and nominal Corn Meal is offered
less freely, and ts nominal at V.l fiDed , l OD for Jerseyand
Gaatst.—The market isnot well supplied with wheat,
and with a good local and fair export demand, prices are
215 c better; the high prices asked at the class hadactd.
Bli'PPers to hold off.
_ .
The s ale, aro 32,000 bushels at $l.lB a£l "
..S for south
ern red. $1.35.151 30 for white do ; for ehoiee red
Ohio; $1.15 for prime red Indiana; $1 40 for prime white
Kentucky; 01.tid for red do, and E.5ce51.15 for damaged
rife i 3 quiet—held at 73,175. Oats are without much
change and in good demand at 34d57c for State and
Western. Barley is quiet at 72890 e.
Corn to more active and is better; the stock is very
small and tbo eastern and local demand poor. Sales of
27,000 bushels at 09810 for Western =zed Other kinds
are nominal.
HAV—A fair demand for shipping at 55:166c 4' I,oolbs.
faok—The market for all kinds is prostrate, arid in the
absence of important transactions, prices are altogether
NAVAL 0 1 02E2—Owing to the greater momentary
ease in the money market for the time being, in con
sequence of the stoppage of specie payments by the
banks of i-sue, a better feeling haw manifested itself
ilm o . , s a goodLfi,portion of the mercantile community,
and there Lela been more disposition shown to enter
more extensriely into net g anat.,. In view of these
circumstances, holders of - spirits turpentine hare been
enabled to place 400 hbls in shipping order at 37e cash ;
being quite an improvement on tb.o prierss offered a day or
two since ; this is the lowest price current in this market
for a long time, and were it not for the low rates of
sterling exchange and the high rates of freight, ship
pers would be sure to realize a handsome profit at the
prices current in the British markets. In crude there
is nothing doing, arid prices are almost nominal. Com
mon rosin is steady at $1.50031 55 °' 310 The delivered,
but the inquiry is less animate. In fine rosins we no
tice sates of 300 Ms Waite at $0 4P' 210 lbs. Small
sales of tar are making at 02.102 25 for selected.
Otis.—All kinds continuo dull. American linseed
commands 63010 cants per gallon in casks and in tails ;
small sales only to the regular trade. In other de
scriptions there is nothing of moment doing
I'lWVl9lo33.—Tbere is a more general inquiry and
more steadium in our Pork market, with few arrivals ;
sales of 210 bbls at 022 50c523 for mess, 821.40 a 22 for
prime mess. unit 017 00a517.70 for prime.
Beef iv without change ; the demand is more active.
Pales of 110 Ibis at 113 500014 00 to: repacked meat,
and $lOOOl6 fur extra pnme. Prime mess in nominal at
s's. Beef hams are in fair request ; salsa of Ohio at
016 47 212 pounds.
' Western Bacon is in fair demand at 12,i4c Cut meats
are quiet at 10c for shoulders and Ile for hams, Dressed
hogs are quiet at 7!.4 e3c.
Lard is in retail demand. and in unchanged; sales of
50 bble and tee at 14315 c. the latter price for choice ;
which 19 scarce.
Butter is plenty, and in fair demand at 12a1 6 a. for
Ohio, amt 15,120 c. for btate. Cheese is saleable at 13
trah c
SUGARS appear to convalesce slowly; there is a re-
Siring tendency in prices, though Do quotable change
can be made Stuart's prices arra boil a cent lb
lower, making a decline of 4c per rind from the
highest point. We quote loaf at lle, crushed at 1030,
ground 9y, and circle A crushed at 10.,c.
TILLS are dull, sod prices are nominal.
IVRISENT —The trawactions are feli, buyers offer 20c;
it is firmly held at dir.
The Parade of the younger Members of the
Temper4uco Order, which is to take place on Mon
day next, promises to be a very creditable affair.
It has been brought about through the energy of
Good Samaritan Section No. 1, with the aid of
other sections of the Order There will be a very
large turn-out, and a grand display of banners.,
flags, and regattas, should the weather prove
favorable. It is expected that over eight hun
dred persons will participate in the demonstration.
Return Judges—The return judges of the
city and county of Philadelphia will sea at the
,E l eprerus C?iiirt room, this morning, at lo evook.
14,055,54 Z
$1,154,623 j 1,478,141