=l= 10 ovowds nticiotod ;he meeting. The aidret4ses aud hopeful; and that dolly yred tho .71!r. 'Monett, of Paris, ‘Olose utrivai in this colintly we mentioned in our last, was listened to with great atten tion. The Hon. Theodore Frelingbuysen declined reelection as President, and the - Hen. S. T.. Williams, as Vice President. The Rev. Mark Hopkins, D.D., of Mass., was elected in place of the former, and the Iron. William Jessup, L.L.D., of Pa., in place of the latter. The meeting for next year will be held in Detroit. NEW YORK. There has been much Excitement in sancial Circles, during the week. Firms and institutions, considered safe a few days ago, havo been forced to suspend; while several large houses have been reported among the failures, without the least foun dation. Some close observers, and of large experience, suppose that the worst of the panic is now over. The Sixty-Sixth Annual Sale of the New York Book Trade began on Tuesday, the Bth inst. A diffioulty of two or three years' standing has led one set of publishers to employ Leavitt & Delisser, and another Bangs & Co. The bidding'for some works was spirited, but on the whole, less anxiety to purchase was manifested, and lower prices were obtained than usual. Still, the 'best works—the classics of England and America—brought good prioes. Among the works which sold readily, were those of Poe) Trench, and the Nodes Ambrosiano, of Wilson, The publications of Oowperthwait, of Philadelphia, of Philips & Sampson, Crocker & Brewster, and Little & Brown, of Boston, and of Putnam, Appletou, and Francis, of New York, were most sought f)r, and brought the best prices. Harper's books did pot sell quite so well as usual. The Book Trade has, in common with other pursuits, felt the effect of the depression of the money market. In times such as the present, there is less demand for books, and more for newspapers, than in ordinary air- cumstances. People are too much excited to think much of books, but they are iinx io us to know the latest news, the state of the markets and stooks, and general condi tion of the trade and finances of the country. The Temperance Journal and Prollibi tieniit has for some time contained a call for a Convention of Ministers at Poughkeepsie, on the 16th instant, to take into considera tion the present state of the Temperance cause, and the duties of ministers and Christian men with respect to it. Many organizations of Juvenile Temperance So cieties are being effected in the Stste. It is time for a new interest to be awakened among ministers, in the Churches, and among the people, on this important matter. It is time that this subject should be wrested from the hands of politicians, and any others , who may have.seised upon it for purposes of self- aggrandisement. Drunkenness and mod erate drinking are fearfully on the increase; the wine cup passes in circles from which it was banished some years ago, and the fatal !:effects are beginning to appear. Dr. Abbott has sent home to the Museum another collection of Egyptian Curiosities, among which there is a mummy supposed, from very strong evidence, to contain the remains of one of the Pharaohs, who lived at the time of ltycernus,, the builder ,of the third pyramid of G-hizeh, whose bones are now in the British Museum. At all events, it is certain that this is the oldest speci men of the kind in the United States. The people have generally Returned froM the Summer resorts, „ pastors are again- at their posts; and the churches are once more pretty well filled. PHILADELPHIA, This city has not escaped the Financtiol Troubles which have of late been agitating the commercial circles of its sister city. Two large iron firms have suspended, though the assets in both cases are double the lie ': bilities, but consist generally , of railroad stocks, bonds, and mortgages, and .conse t;quently unavailable at present. Ti'e pres ' sure has been more severe than has been experienced for years. But it is not sup posed that , there will be suspensions or failures proportionate to New York. The business is not •so expanded, and the pro portion of capital to the amount of business is far. greater. Rev. john Ludiow, D.l) , who has long occupied a distinguished place in the Re formed Dutch Church, died in this city, Monday evening, 7th inst. He'was born in the State of New Jersey, and received his literary education at Union College. Soon after his ordination to the full work of the. mieistry, he was called to a' Professorship in the riming - Iml Seminary at Neir Bruns- wick; afterwards, he was the successful pas tor of the North Dutch church of Albany, for eleven years. At the end of that period 'he was elected Provost of the University of Pennsylvania, at Philadelphia, Pa., which' situation ho occupied for nineteen years. After the death of Rev. Dr., Canon, he was elected Professor of Pastoral Theology, Ec clesiastical History, and Church Govern ment, in the Theological Seminary at New Brunpwick, N. J., which office he filled for five years. The American , Pharmaceutical Amnia , Lion met on Tuesdak, the Bth inst., in the College of. , Pharmaisy ) on Zane Street. The great subject of discussion was the Adulteradon of .Drugs, which, if the state ments made in the discussion aro to be relied on, must be ranked as one of the great villantes of the (Jay. It is not generally known, that lesper Harding & Son, of Philadelphia, are the greatest Publishers of the nn 'Ovate account, in this country, At the Trade Sales irk; New York last week, thersold Bibles ,to the value of $lO,OOO.- This is said to have been the greatest sale of Bibles ever made at one time. Open Air Preaching has been conducted for some time, every Sabbath afternnon, 4 o'clock, on' , Belmont Avenue, in ',grove on the farm 'oft4ilage Peters, by the'lteira Dr. West, formerly of Pittsburgh, Western Correspondence Du. M'KINNEY :—Thc Board of Di roctotri of the Theological Selidn ry for the North-West, has just closed a most interest ing and im pot taut session at Chicago. Bev. N. L. Rice, D. D., was elected to the Pro fessorship declined some time since by Dr. Brown; and it is hoped ard expected that he will accept of the position. This appointment will give very general satisfac tion throughout Wisconsin, Illinois, lowa, and Missouri, and will no doubt be the means of securing the cooperation of the Synod of Missouri in support of the insti tution. Any fears which might have been entertained heretofore respecting the future character of the Seminary, will now be effectually allayed; and many who have felt somewhat disposed to question the propriety of the enterprise, will now no doubt give it their hearty support. We can but rejoice that the Doetor's valuable services have been scoured. His learning and the protn inept positions occupied by him in the Church for the last few years, will draw many students to the institution from the West and South. The .Board also took action which, will in time secure for the Seminary the supervision of tlie General Assembly. This is as it should be. Sueh is the feeling in our Church, begotten by our past experience, that an 'institution educating a ministry for the whole Church, can hardly be expected to be generally popular, which does not haVe the supervision of the Court composed of delegates from all its parts. Not that Synods may not sustain and properly con duct such an institution; but the past has, in a measure ' settled our policy; and the feeling in the Church now is, that the man.- agement of the institutions doing a general work should not be confined exclusively to 'a fraction of the Church. Much, of course, can be said in favor of exclusive Synodical control; and it may be urged that the. Synods in the immediate vicinity of ate Seminary are the real conductors of all its operations, and that the control of the As sembly is, after all, but nominal. Be it so. No institution, could surely secure .popular ity on easier terms. The Synods continue to exert their influence, doing really the work, and the whole work, if youplease— while the whole Church 2is satisfied by, an annual review and revision ,of, what the Synods have done. With Dr. Rice's well-known views, upon this subject, we have no doubt but the Seminary will be placed tinder charge ,of the Assembly, as soon as it can be Constitu tionally effeoted. The Board also took action upon the mat ,„ ter of building, and the construction of .:a suitable edifice in which to instruct the classes, will be carried . forward with. energy. It is not, understood that any material changed in this, regard have been, agreed upon; but a building costing about.s7o,ooo, as before designed, will be erected imme diately, to which suitable wings will be ad ded, as fast asthe finances will warrant. The whole building, when completed, will, with out doubt, be one of the most magnificent structures for such a purpose in the United States, and will be one el the chief objeets of attraction in the city. We think we can say .to our friends throughout, the whole Church, that the fu ture will exhibit the wisdom of this move ment,'and they will have cause to see the band of God in it. We feel here in the West, as though we could ' point to so; many, and so clear indications of God'd will in respect, to it, that, having put the hand to the work, we cannot look back. Some things have seemed to be 'against us ; but we can now see that these have served the salutary purpose of calling attention more earnestly to the enterprise, and 'have re sultedin such anissue as to give us, under God, the earnest of entire success. Let us have' the prayers of the whole Church, that the North-West may have wisdom for So great and so-difficult a. Work. , Nearly connected , with this subjeet, is the action of the North church, Chicago, of which yew readers have been advised pre irionsly. At, a meeting of the Presbytery of Chicago, held upon the 3d of September, at Mendota, a call was presented, and by them forwarded to thee presbytery of St. Louis, for the services of Dr. Rice. He accepts this call, and 'enters in October upon his pastoral dutiOs, with a salary of $5,000 per ea:him-83,000 of which is paid, by one wealthy, and henevolent individual. This arrangement does not, of course, conflict with the Dr.'s duties in the Seminary, as, it is by n& means unusual for Theological Pro fessors to have pastoral 'Charges. .Dr. Plumer, of Allegheny, is an -instance. He imparts solid instruction to 'hiti students, 'from 'his professional stand, during the week, and no less solid or valuable instruction, to large and intelligent audiences, from the sa cred desk, upon the Load's day. • A semi-monthly paper 'will also be started at Chicago, devoted' to the interest of our Church, of which it is Understood Dr. Rice will have,the principal charge. .This is not, so far as 1 can learn, a transfer of the -St. Louis Presbyterian, which is still needed by the brethren of Missouri, bait is a new en terprise, eventually no doubt to be expanded into a weekly, when the West will warrant the change.. Thus we grow and strengthen. Under the stifle of an approving Ged, mer ciful and long-suffering, Zion lengthens her cords and strengthens her stakes. Oh for .more grace to,enable us to be more faithful, and more humble, and live more worthy our &Maur. ' Letters lately received from Bro. H. L Coe, our indefatigahle Secretary of Church Extension, give the information that since the meeting of the Assembly he has made an extensive tour on the work of. his ; agency, 'throughout Central, Western, and Northern Missouri. Bro. 0. Epeaks in glowing terms of that most fertile portion of the Union. The whole region is filling up with great rapidity. A highly-intelligent and indus trious population is moving in;;schools and churches are being organized, and others are imperatively - demanded. Presbyterial Academtes'are much wanted, and-if enter prising men, seeking situations to teach, should now