Newspaper Page Text
(%0&klc & Sentinel.
El ItOFE.O INTEL. I. I BNC * •
PT TH f. EC HOP A
The- Etuopa brought £63,l°° in coin.
The steamship Indian, from Qoebeo arriTed out
on :bt 7th, ana the Persia, from New York, on .he
SsaSKSsarrWtt”
SSSffsvsffsawts
“ r Ko:dwU?hlri^ O tb^'rh e^*Dt^^
& k'.urpnee, because they were not prejar^
‘af^scs?
[)?’ i nothingln the movement to create alarm.
: oough there i“ & high probability it may Boon
have to be repeated.” Upon the whole, it is p*>-
hie that the combined operation of the American
panic and the insurrections may for a time have af
ferted Knfltab resource* to the extent of two or
three millions, but the Time* oonwdera, ** regard*
the Jloard of Trade of the Empire, that it ie impoMi
b!r 10 diaoover a cause of fe..’’. The diacouot eetab
l.funienU Lave also advanced their rates j percent.
The Time* arguee in the name article that fright
alone is the cause of the daily ruin now going on in
A ii- rica, and that there ia nothing in what is now
pruning which will, before any length of time, inter
fete with the buainee* of the country.
The London Commercial Daily Last of Friday
evening aaya it ia the general opinion that money
matters have seen the worst in America, and al
though much caution haa been observed in the ne
gotiations of biiia, the feeling ia rather better than
it waa yesterday
The rate of discount la now from six to seven per
•*nt. , _, ...
The weather baa been very stormy on the English
•oast, end numerous wrecks are reported; including
the (hip A. B. Kimball, from Sunderland to New
York, which was wrecked on Goodwin Sands. Her
crew were saved.
The English papers are 611 ed with reports of the
fast-day sermons. The London Tiroei devoted twen
tv air columns to abstracts from tbe discourses de
livered in 164 churches
K. v A. R. (?C. H.) Spurgeon addressed, at the
Crystal Palace, tbe largest audience that has ever
assembled in modern times to listen to tbe ministry
of the Gospel. Nearly 24,000 people were present.
A sum was collected in aid of the Indian re
lief fund, and the contributions at churches gene
rally were on a liberal scale.
The London Morning Chronicle professed to have
good authority for stating that steps have been
taken for immediately proclaiming the Queet of
llindooetan, and that the next telegraphic advices
will probably bring news of such a proclamation.
At L'alcu'la the statement was generally regard
ed as ah urd. on simply constitutional grounds.
A urge stone was thrown at a passisg train on
li.e Eastern counties railway, and struck Prof. Ro
gers of Boston in the face, breaking his jaw-bone.
Catharine Hayes, tbe Hinge, was married in Lon
don to Mr. iiushnel! of New York.
A proclamation had been iued by the Irish au
Uu.ritie* extending the limits ofthe proclaimed dis
trict around Ileliast, information having been re
ceived that the people instead of delivering up the
arms were concealing them outside the original
limits, so that they would be available in case of
fresh and sturbance.s.
The London Morning Poet of Saturday positively
announces that the Governor General of India has
been recalled. No other journals has the news.
PnN. t. The American crisie were severely
felt at l’aris, owing to the delay in remittances.
Money was in great demand and the prospect was
that the Bank of Prance would have to resciend its
recent measures of relaxation, if not rates of dis-
Kumore were rurrent of an approaching confer
ee >• at Paris on the Danish question, affairs of Italy,
the union of the Principalities and a general reduc
lion of European arn ament.
IColiable accounts of the meeting of the crowned
head* of Europe leave no doubt thatone of the prin
rinal object thereof is the reduction of standing ar
min in order to ease the fundamental positions of re*
prenentative countries, the increasing difficulty of
obtaining loans, rendering reduction of expenditure
indispensable.
Two speculators in the Bourse have disappeared,
leaving deficits of 3,000,000 and 1,800,000 francs
respectfully.
Si*ain.—lt wa j said that General de Mirasol had
boon nominated Captain General of Cuba, but the
decree had not made its appearance in the official
Gazette.
The project for the union cf the two branches of
ilie Bourbon family was under discussion in high
quarters.
The Journal# fully confirm the acceptance by
t lie Queen of the res gnation of the Narvalez Cabi
nst.
Hou.Axn. —The Bank of Holland has raised its
rat** of discount to •> 1-2 per cent.
A i stria.— The Vieun-i correspondent ofthe Lon
don Times says it was reported that direct cominu
nii it ion was about to he eseablished between
Trirsto and New York by means of Lloyd’s steam-
TANARUS! fit ancial pressure was still very severe in
V , mm A stock exchange jobber Lad committed
■uk id** by blowing out his brains. Another had dis
appear* *i, leaving deficiencies to the amount of £25,*
IHift, and numerous small failures had occurred.
Tui ssia.—Tbe King of Saxony had paid a brief
\ iriit tn the King ot Prussia, and it was considered
t Lat t his was the last of the royal interviews for the
season.
The Bank of Prussia has again laised its rate of
ilisi ount, which now stands at fi 1-2 tier cent.
The solemn entry of Prince Ferdinand William
of Prussia, and the Princess Royal of England, into
Bci in. after this marriage, is fixed for February
•JJd. Great prepsrationa are making for imposing
ceremonies.
A telegraphic dispatch in the Times dated, Ber
lin, Friday ev cuing, nays that the health of the King
ot Prussia lms been rapidly getting woree during
the last 21 hours, and that fears were entertained
for his life. All the members of the Royal family
arc assembled at Potsdam.
11 a r.r.- A reduction of 25 per cent.on the export
duly ot hemp had been decreed in the Pontinci&l
states.
The trial ofthe patties engaged in the recent in
surmtionary attempt in Italy commenced oil tbe
28th September, at Palermo.
lll'.ssiA —Tbe Paris correspondent of the London
Times is informed that negotiations have been
•opened at 81. Petersburg fertile conclusion of
I lie Lreuty of commerce between Russia and Aus
tria.
Two Russian steamers and four gun boats had
disembark, ned troops in Abasa, who had burned a
bazaar mid destroyed shipping. The loss sustained
by Trebisonde is 500,0904.
The Russian Government iiad intlieted a severe
punishment on the parties who violated the graves
id the English and French in the Crimea.
The Russian Minister of Mdrine officially reports,
in regard to the loss of the line-of-battle ship Lefort,
that she was laid on her side and foundered in a few
minutes, and that all on hoard perished, including
the commander, twelve officers, and 7411 seamen,
53 women and 17 c hildren. The slaw went down
in UO fathoms water.
The same storm had caused many other disas
t rs .aid much less of life in various parts ofthe
lialtic.
Turkey.—The port of Galatz had been very near
ly destroyed by fire.
The financial situation of the country does not
improve, l’ap. r money has fallen in value to the
extent of 20 per cent.
The commission for settling the Turko-Kussian
frontiers in Asia had concluded its labors, and the
English and French commissioners arrived at Con
stantinople on the ‘.’7th September.
PtitsiA.—The insurrectionary movements in Per
sia, of which exaggerated accounts were given, have
lieeu put down.
Isnia. —There is uothing later.
The steamer Indus, with the heavy portion of the
last liuliau mail had arrived at Southampton
She had nearly £ 400,1)00 in Australian gold on
board.
The passengers report that Nena Sahib had re
solved not to tall alive into the bauds of the Eng
lish. He has a body guard who are engaged to de
prive him of his life should he be likely to be taken
prisoner.
Between Cawnpore and Lucknow there were
about 35,000 mutineers, and it was considered
doubtful whether Sir J. Outram would he successful
in passing up the river Gogra. The river waa lined
with forts and well manned with mutineers.
The passengers say, that almost the only man
who escaped the massacre at Cawnpoie had gone
raving mad When they left Calcutta only 3,000
persons had arrived there since the outbreak
ll was believed by uiauy at Calcutta that w hen
English troops arrive out the mutiny will suddenly
tease, and the Sepoys will bring money and
treasures and lay down their arms. They are in
much terror of English eoldiers.
I Lucknow it was feared would fall before assis
tance could come to it.
China.—-Letter* from Paris say that the viceroy
Yell, had issued a proe'amation to the inhabitants of
il;e Northern provinces of China.
I .-h ailributes the departure ofthe English reli
nk nts to Calcutta, to the alarm created by hismili
tary preparation and by the view of his army, which
is as numerous as the leaves of Iho forest. Yeh
adds that the new Chinese tieets will Siam appear
ami scatter the barbarians’ vessels.
The proclamation concludes by proposing fresh
taxes for the maintenance of the imperial troops
Africa.— Late advices from the West coast of
Atrica have been received in England.
A slaver with l!'l slaves on board had been cap
tured by the British steamer Antelope, off Mudjah.
Palm oil was scarce, and trade generally dull.
An American built brigantine called the “Sarah
Jane,” has been taken into Sierra Leone by the Bri
tish .h ip AU . to. $12,000 were found on board of
her, but no papers.
The Baltimore Sun has the following “spedal dis-
pttick y
Halifax, Oct. ‘2l.— The private advices from
Liverpool and Loudon which extend down tothe af
lernocu of Saturday, are very blue. The Persia's
juiv ee re rec ived that day announcing the sus
tten*ion of the Maryland. Rhode Island and other
Itanke, and produced the greatest excitement in all
quarters, and a general suspension of business.—
Consols were opened on Saturday at 89, being a fall
of i per cent, and the tendency of the market was
Ft hi downward. The demand tor money was active
iu ali quartei-s. and the applications at bank had
largely increased. Many orders previously sent to
the l’iiited States for cotton had either been coun
termanded or the limits materially reduced. The mar
ket at Liverpool meanwhile also closed in a despon
ding state, and the eighth advance obtained in the
ly pail of the w eek had been entirely lost. Mid
uiihgs were offered on Saturday at 9 but on
ly small sa’.ei could be effected. Trade generally
received a sudden and unexpected shock, and fur
ihev advices from America were looked for with the
nwit painful iuteresL
The increase in the rate of discount by tne Bank
I ‘* ** is regaided as only the commencement
ota continued tightning of the screws and manv
u **re predicting that the rates would go to eight if
not nine oer cent
> atls the accounts are also gloomy, money
state** ‘V demand and the stock market in a
„ r l’ v ‘ “V V ‘ ce * Manchester, dated Sat
mvii’iiJ, qa i el ’ with unoert “ t y
fuieraton in all Were of secondary con
eim c asiect *.*: ‘he Ul . v . iew of the threat
\ v 1 , American crisis, and the nroba
*L'\d UpVIE lLe *“ d comm * rTO of the oki
From tkt Lenin Tmn, Ocfoier 9.
‘•fleet of the American Financial
Thirscat E’ ims,., n c t ‘s
lie Bark of E fflai.il have advanced their rate
of discount lo day iroia.'l percent., at which it had
ai-■'■d since the lnh cf Ju.y, to 0 per cent.
The suddenness of the renewed drain of gold
which has led to this step has taken the public by
-Surprise. because they were not prepared for the
e itraordinaiy news by the two last American mails.
Allowing due weight to that intelligence, there ie
nothing in the movement to create alarm, although
there is a high probability it may soon have to be
repeated The trade of this country with the United
Stale* represents an annual total of jl -10.000,000,
and it is impossible for any financial trouble tooc
<nr on one side without da being deeply felt on the
other. During the last two years we have had
many opportunities of observing the sensitiveneee
With w hich we respond to monetary perturbations
in France, but our reiatiins ofoommerce and capi
tal with that country are altogether Jins'fffieact in
comparison. A panic in New York,therefore, which
send* the rate of discount to a point rang mg between
2” and 50 per cent., and which is continued with in
tensity for five or six weeks, must necessarilv sub
ject ue to severe temporary pressure, and if the in
convenience ifcould be limited to a r se of a half or
even one per cent, it the value of money we shall
S ave reason to congratulate ourselves, and to accept
the fact as another proof of the inherent soundness
of our general poeition. For more than a month
past not only has every payment due to us from
America been as far as possible suspended, but
specie, credits have been eagerly made use of, calls
ou railway stocks largely held We have been an
nounced an one case alone for an amount approach
toff a quarter of a nation eteriingl. and drafts au
thomed for the purenaee of securities by Eowtish
capitalists, tempted by a tall in prices, from which
they conceive there ranuot fail to be an earlv reac
tion It if scarcely too much to assume that in this
way 6 mittOh or a million and a half sterling had
beE already withheld, or absorbed from us, that j
would otherwise have been in our possession at this .
moment, and the prospect is that the process will .
go on for some time longer. It must also be consid
ered that at the same period we have been despatch
ing the most costly fleet of transports ever employ
ed at one moment with thirty or forty thousand
troops to India, the outlay upon which in the shape
of stores, fuel, dec., cannot have fallen touch short ot
half a million, for which we shall get nothing until
the return ot the vessele from Calcutta , as the pay
ments from the Indian Government will not be mace
till a certain number ot day* after the arrival of the
vessels at that port. The India-house, at home,
moreover, in order to lighten as far as possible the
liabilities of the territorial Government, are abstain
ing frojndrawing the usual amount of revenue re
quired from that side fori the payment of dividends
and other purposes. eve thus found it necessa
ry to borrow amilli m the Bank. Upon the
whole, therefore, it g that the combined
operation of the Am*, ,< an panic and the Indian in
surrection may for the time have affected our re
sources to the extent of two or tnree millions.
A decline of about a million in the [bullion of the
Bank is usually followed by an advance of a half
pej cent in the rate of discount. It would conse
quently seem that these adverse influences, as they
have borne upon us to three times that amount,
might have caused a rise of one and a half per cent,
and that isonly through some favorable counteract
ing circumstances that that result has been delayed
or prevented. These are to be found in the abun
dant harvest and the change in tbe silk market, as
well as in the supplies of Indian produce, which has
in some degree djzniniehed the eve cie shipments by
the last and the preceding Overland mail. Had the
relief thus afforded happened in ordinary course, we
should now. probably, have seen the rate of discount
at 4 per cent. As it is, it has simply enabled us to
limit tbe rise for the present, at all events, to 6, in
stead of carrying it 1 1 7 per cent. Under these cir
cumstances, it is no small satisfaction . but there is
no reasou to believe that, even if further stringency
should be experienced, we are not in any danger of
seeing the approaching winter Ushered in by a very
extensive series of commercial disasters. Ofcourse
the American failures must have told heavily on in
dividual houses on this side, and there are several
branches of costly produce which have experienced
wide fluctuations that may disturb the casual for
tunes of speculators. There are likewise at all
times a uumber of infirm establishments carrying on
their business from hand to mouth, to whom a rise
of a half per cent in the rate of discount after any
long period of depression, is an inevitable sentence
of destruction, and it is usually at the end of the
year that such cases are developed. But as re
gards the broad trade of the empire, it is impossible
to discern a cause of fear. Month by month our
commercial payments increase in magnitude, and
yet are met with a punctuality never surpassed,
and all the leading bankers will testify that thus far,
there is an absence even of those of the possibility
of a coming struggle long before the community at
large have become awakened to it. Hence the be
lief may be confidently indulged that, although, with
our universally diffused transactions, we must ne
cessarily participate in every shook that occurs
elsewhere—and there never was a time when pru
dence was more essential—eurcommercial prosperi
ty, notwithstanding the Sepoy mutiny, is destined
still to continue a marvel to the world.
The letters by the last American steamer, while
they show that the panic has assumed proportions
which the meet timid had failed to contemplate,
contain nothing to alter the view that fright alone is
the main cause of the daily rush, and that there is
nothing in what is now passing which will for any
length of time interfere with the business or cripple
the natural resources of the country.
From the London Setts, Oct. 9.
The question of immediate interest is, will the rise
in the value of money in the London market make
further progress ? Upon this point no one can
speak positively, but in may well-informed quar
ters we find an impression gaining ground that still
higher rates will prevail this autumn. In every
quarter to-day, including the Bank itself, tilers was
a very heavy demand tor accommodation at the
advanced rates. In Lombard street this afternoon,
only the best bills could be discounted at 6 per cent.
It is satisfactory to remark that no more gold was
to-day withdrawn from the Bank to-day for expor
tation , but this may be partly owing to the arrival
of a large snpply of the precious metal via Egypt.
In many quarters fears are expressed that remit
tances of gold to the United States may take place,
and we have reason to know that some of the pro
vincial bankers, perhaps out of excessive caution,
have already withdrawn some amounts of sove
reigns from the Bank. The resources of that establish
ment have been so reduced in the course of the last
ten days that any exceptionally heavy demands
upon them would probably be met by a further rise
in the rate of disconnt. From on- or two facts
which have transpired it is inferred that the Bank
will refuse to renew loans on government securities
after the re opening of the transfer books. From
the points at which we have thus briefly glanced, it
will be seen that there is need of great caution on
the part of the commercial community. Notwith
standing the extent of tbe crash on the other side of
the Atlantic, it is hoped that confidence will be
maintained in the general stability of our mercan
tile position i and, assuming this, ! here is nothing
necessarily suggestive of alarm in high rateß of dis
count, as the experience of the last two or three
years abundantly demonstrates.
From the Loudon News, Oct. 8.
But in addition to the elements of disturbance in
volved in the rise of the value of money on the
Continent , and in the demand for capital to defray
the expenditure incidental to the ludian war, the
extending monetary panic in the United Slates is
sufficient of itself to prejudice our own financial
position. Instead of our receiving gold from Ame
rica, as we have been accustomed to do for years
past, it is becoming a question whether gold will not
be remitted from I his side, for the fall in the ex
change is to considerable as almost to allow of the
operation. It is obvious that at the present time,
when “prime” commercial paper cannot be dis
counted in New York below 18 to 24 per cent, per
annum, and when there is actually a premium on
specie in some of the Western cities, every exertion
will be made by American houses to postpone the
payment of the r debts to this country, and to at
tract capital. English firms will likewise avail them
selves of the opportunity to employ money in the
American markets at such extraordinarily high
rates. At the Bame time, imports of British goods
will be greatly checked, and shipments of American
produce stimulated—if necessary ,at reduced prices.
Asa considerable amount of railway and other se
curities are also being absorbed by English inves
tors at the depreciated quotations, it will be only
prudent to look for a prolonged depression of the
exchange between America and England.
/ torn the London Times, Oct. 10.
The Bank of England has raised the rate of inter
est to six per cent., and the opinion of many, whose
judgment ami experience are large, is thut money
has reached the minimum point during the present
year. This is an almost unprecedented event after
a harvest of unexampled prosperity, not only in this
country but throughout the civilized globe. Never
theless, there are signs distinctly marked on the
commercial horizon which leave little or no doubt
about the fact we have indicated. On the contin
ent , and more especially in the German markets,
the value of money is in excess of our own, attribu
table, according to some, to an excess of railway
speculation, and the absorption of large masses of
capital in very questionable undertakings. At Ber
lin, for example, the rate of discount is 6) per cent.;
at Hamburg 7 per cent ; at Frankfort 6 per cent.,
and at Amsterdam 6 per cent, which is an unusual
ly high quotation for the last named place. The
Bank of France cannot but feel this influence, and
in fact has already felt it, as may be seen in the dif
ficulty which it has found in keeping up its stock of
bullion—the inevitable consequence of the disrup
tion of the equilibi ium elsewhere.
While this is the condition of things on Ihe conti
nent, our own position is rendered additionally cri
tical by the aspect of affairs in India, and by the
commercial tornado which is now sweeping overthe
United States. In the last named country, the low
state of the exchanges is such that instead of send
ing us gold, as heretofore, we may probably have to
reverse the operation, and in this position of matters
the payment of debts due from American mer
chants will be postponed to a* remote a time as pos
sible. Add to these discouraging features another
which agitated the money market on this side ofthe
Atlantic —a loan for India, and we have all the ele
ments of commercial embarrassment in operation at
one and the same time. Already the Bank of Eng
land has agreed to advance the East India Com pa
ny a million of money upon the security of its bonds;
but this is notoriously insufficient, except for inline ■
diate wants while there exists a moral certainty
that the East India Company will have to appeal
to the British Government for assistance. The In
dian authorities are anxious to delay this appeal un
til the last moment, in order to avoid, if possible,
that change in the system of Indian administration
which might be required for the concession of the
boon, but the causes referred to are all conspiring
to increase the rate of discount, and thus hamper
the legitimate operations of trade.
An opinion prevails that another source of tem
porary embarrassment will be found in the readi
ness wild which English merchants will employ
their capital in the American markets at the pre
sent tempting rates. This course, it is alleged, will
cheek the imports of British goods and stimulate
the shipment of American produce—a natural con
sequence, supposiug the temptation to be exten
sively indulged in. The low state of the exchanges
between this country and the United States will pro
bably continue as long as the American securities
are absorbed by British capital at the depreciated
prices. It is evident that money must command a
high value on the western shores of the Atlantic for
a considerable time yet. The Bank of England,
under the circumstances we have indicated, is be
ginning to feei the drain, and the “screw” will be
used in the emergency as the feelings and interests
of the Bank parlor may dictate.
From the London Seres, Oct. 10.
Banks of England and Franc*. —The monthly
return of the Bank of F'rance, as made up to Thurs
last, the Sth of Oet., shows the following results (the
exchange taken at2sf. to the pound):
Corn ami bullion.... £9,022,600 I>ecreaae... £ 1*96,500
Hills discounted.... 24.3-48.400 Increase 1,0 2,600
Notes in circulation.. 24,2l4,ooo Increase 498,200
Treasury deposits.... 3,497,700 Decrease 1,365,300
Private dep wits... . 6,485,600 Increase 735,C00
Advances on French
Gov’t securities... 1,189,000 Increase 56,600
Advances on Bail
way securities 1,134,400 Increase 58,400
The decrease of cearly £900.000 in bullion in
face of the usual average monthly expenditure in
the shape of premiums, forms a very discourag
ing feature. If the drain continue, the Bank will
probably raise the rate of discount. It will be re
marked tha* the circulation hie at the same time
increased half a million sterling, the bank having
largely extended its discount accommodation. The
increase in the loans on government and railway
securities is not large, but that any increased facili
ties on this description should be accorded is matter
for surprise, considering the aspect of monetary af
fairs throughout Europe. The government deposit*
have been reduced by the payment of the Septem
ber dividends on the four and four-and-a-half per
cents rentes, and the same event has contributed
to the large addition to the private deposits.
The return from the Bank of Eugland for the
week ending the 3d of October gives the following
results when compared with the previous week:
Public deposits. . £8,245.31? Decrease.. £221.776
Other deposits 10.002.C52 Increase... 811.592
Rest 3,943,929 Increase... 19,405
On the other side of the account:
Goverrment securities. £ 10.593.60? Decrer.se. 46
Other securities 21.835.843 Increase.. .2,116.143
Notes unemployed 4.600.040 Decrease. .1,408.120
The amount of notes iu circulation is £19,947,275,
being an increase of £805,155, and the stock of bul
lion in both departments is £ 10,662,692, showing a
decrease of £613,396, when compared with the
preceding return.
Price of Consols.—The following table will
show the fluctuations in Consols since the 2d inst.:
For Money. For Account.
Oct. Low st. Big'st. Clos’g Low*st. Higb'st. Cl'ng.
3 ...90 90 i . 90* 90 ... .904 90 r
Mon. 5....90 904 904 90* 904 I*o4
T : f ’ 5 69* 90j 904 90 90s-. ..f*oj
e d. 7 Shu: as a general holiday.
Th-r. 8....894....90 ....894 694 90* 90,
Fn ’ 69*....89*....89} 894 89,.... 89s
. The Latest.
‘JV i s Friday Evening.—The Bank of France
’ 8 ‘] week ending yesterday, the Bth inst..
♦He unfavorable : as. notwithstanding
S. *i
that tiw purchases would ‘c?a/-', p*,
their continuance, a matter of especial interestlrat
cow. when we are offering from a heavy drain of
money, both paper and metallic, and the rare of di*
count is rising. The Back ha* also largely increased
its discount, which evinces the increased demand
for money for commercial purposes in Paris
The course adopted by tie Bank of Eugland has
been warmly discussed, and the prospects before
us for the remainder of the vear have likewise
claimed an attentive share of’consideration The
deductions drawn from the present ter.dei.cv of
money here and on the continent. with the panic
and consequent difficulties of traders in the United
Slates, are generally of a eioomv character, but
there are many who consider that the worst has
past.
On the stock market a still more sensible influ
ence than reported yesterday has been exercised to
day. by the restrictive policy of the bank The
funds have been T per cent lower. and shares 10s to
£1 worse.
Money is still in vsry active demand for commer
cial purposes at the bank rate. and as the settle
ment of the Consols and there accounts take place
iu a few daye < Win inst there is no ebanee of even
a temporary cessation for the present. Tbe more
probable course is & further advance, arising from
an increasing pressure. When the directors in J uly
last lowered the rate to 5) per cent., it may be re
membered tbe prospect of affairs gave promise of
greater ease; but although the harvest, on whick
our hopes in a great measure were stayed, proved
more abundant than had been locked for, no sub
stantial relief lias been afforded; it has only pre
vented tbe pressure being worse. The affaiis of In
dia and matters in America, with tbe state of the
monetary market of tbe continent, have Bince in
terfered to prevent any permanent change for the
better. Yet with all this stringency there is nothing
in the state of the trade of the Ijinted Kingdom to
account for such a Biate of things. Except in pro
duce, speculation has. been dull, and trade in itseil
sound. With no unsounaneee ir our trade, the ri
sing value of money, and the disturbance connect
ed with which, mav well excite surprise were it not
that we know that there are exceptional circum
stances to aocount for the pressure and its results ot
a novel character.
From the S. Y. Commercial Advertiser, of Wednes
day Afternoon.
New-Y'orl. Money Market.
Stocks are al! down to-day, the foreign news be
ing construed unfavorably. Delaware and Hudson
Canal, which closed yesterday at 98, opened this
morning at 96, and closed at 9b, buyer 30 and 93),
seller 15. New-Y'ork Central began at 66, and left
oft at 645, against 68yesterday. Michigan Southern
guarantied stock, which was sold yesterday at 31,
opened to day at 27, and fell to 25. The old stock
fell 2 as compared with yestei day.
Reading Railroad, which closed at the first board
yesterdav at 32) and at the second at 3rtJ, commenc
ed to-day at 28, and closed at 27J. Panama and
Chicago and Hook Island Railroads declined 3, as
compared with the final sales yesterday; Cleveland
and Toledo Railroad 2 ; Erie Railroad 1 ; Canton
Company j, and Hudson River Railroad and Cumber
land Coal ). Hartford and New Haven Railroad,
which has sold as low during the panic as 98, brought
107 this morning. New Jersey Railroad and Trans
portation Company also advanced to 107, after hav
ing sold at par.
In bank stock* the business summed tip about
one hundred shares, including banksof America and
New York at 80; American Exchange and Metro
politan at 75, and Continental at 65.
In state stocks we notice sales of New-York sixes
of 1872 and 1873 at 104 , Tennessee sixes of 1890 at
72, 2 advance on last previous sale, and Missouri
sixes closing at 66), yesterday’s price. Virginia
sixes commer. eed at 83, and went down to 81, against
S3) yesterday.
In Railroad bonds the sales altogether only
amounted to $30,000, principally Illinois Central,
opening at 66 for construction bonds, and closing at
65, against 67 yesterday. F'reeland bonds brought
61 without the stock privilege, 1 advance ; New
York Central sevens 87, and Erie Convertibles of
1871, 25, 2 decline.
There appears to be nothing of moment stirring in
financial circles to day. The report of last evening
is confirmed relative to an agreement among the
city banks to discount produce paper having tnirty
to sixty davß to mature. The amount named is
about a million and a half, which will afford a ma
terial relief in moving the produce toward a market
though it would be better if a larger sum could be
afforded. .... . ,
Things have a quiet appearance at the bank clear
ing house this morning. The exchange* amounted
to $10,154,216 llland the balances paid were $528,-
319.76. It ha* been stated that the settlements in
specie are large, notwithstanding the rule adopted
since tbe suspension for the substitution of curren
cy. This is a mistake. The amounts received at
the establishment for tbe purposes are unimpor
tant.
In addition to the notes mentioned yesterday, the
notes of the Quinnebang and Uncas Banks ot Con
necticut, and the Bank of Royalton, Vermont, are
not received in depoet by the Metropolitan Bank,
under the quarter per cent discount arrangement.
We are indebted to Messrs. Thompson, Morse &
Cos., of No. 2 Wall street, for the annexed review
of the market for laud warrants and uncurrent
money:
We quote Land Warrants this week, as follows :
Buying. Selling.
40 acre warrants...9sctsper acre. 40 acressl.os
80 acre warrants..-75 do 80 do 85
120 acre warrants...6s do 120 do 75
160 acre warrants...7s do 160 do 85
Market heavy, unsettled and subject to frequent
change. During the past few weeks the market has
been too irregular for quotations, and many lots have
changed hands at 60®70 cents ?’ acre.
We also quote Gold—buying, j® 1 pel’ cent pre
mium, selling )®2.
New York State currency Par
New England do 1 pr.ct.dis.
Philadelphia do ..3®4 do
Rhode Island do 4®5 do
Canada do 3® 4 do
Southern it West’n do B@l2 do
The New York and Harlem Railroad Company
give notice in another column, that the November
coupons on their first mortgage bonds will be pnid
at the Treasurer's office, on and after Monday, No
vember 2d. It augurs well for the future prosperi
ty of this company, that amid ail the financial em
barrassments of the times it has thus far Deen ena
bled to meet promptly all its obligations as they
have matured.
The stockholders and bondholders of the Dela
ware, Lackawanna and Western Railroad Compa
ny will convene this evening at the Mercantile Li
brary. A good deal of interest is manifested, and a
large attendance is expected. The hour is 7 o’clock.
By the arrival of the Europa at Halifax we have
through the medium of the telegraph three days’ la
ter advices from England. The crisis in affairs on
this side, appears to nave caused considerable ex
c'tement on the other side ot the Atlantic, and spe
cie has commenced tending this way, the Europa
having about three hundred thousand dollars on
board. The Bank of Eugland has advanced the
rates for discount to six per cent. Codbols closed at
89)® 89) for money on the 9th inst., and brought 89)
and 89) fur money and account at noon on the 10th.—
Messrs. Baling Bros, quote money in active de
mand. The bullion in the Bank of England had in
creased £618,000. Bar Silver 5s ljd; Eagles 76a
3d , Dollars, no price fixed.
Messrs. Baring Bros. & Cos. report American Se
curities without buyers. Messrs. Bell &Cos report
State Stocks generally unchanged, but Railway Se
curities slightly lower. Illinois Central Shares, 1
per cent, discount to 1 per cent, premium; do. i.'s
79®80 : do. 7’s of 1860 (Freeland) 92 a 91. Michi
gan Central B's of 1869,81®83. New York Central
7’s 85@88; do. 7’s 78®8C. Erie R. R. 7’s Ist Mort
gage 65 a 68; do. Sinking F’and 55©60. Penna.
Central 6's Ist Mortgage 85®87. E. F. Satter
thwaite’s circular notices an improved demand and
an active market. The London papers of the 9th
report the market dull on the previous day, with
more sellers than buyers. Sales of Illinois Central
Si ares were made at 1 per cent, discount to par;
Michigan Central eighths of 18G9, 82; New York
Central sevens, of 1864, 83 ; Erie Railroad sevens
first mortgage, 65; ditto, sinking fund, 55; Erie
sevens, convertibles, 45.
From Liverpool we learn that the sales of cotton
for the week amounted to fifty nine thousand baleß,
the market closing at an advance ot ) penny per
pound, but owing to the advance in the rate of in
terest, the demand from speculators was checked
and business had become dull. Breadstuff's were
dull and lower. For breadstuffs the market was
languid, and prices hadslighly declined.
The statement of the Boston banks tor the last
two weeks compare as follows;
Oct. 20. Oct. 13.
Capital stock $31,960,000 $31,960,000
Loans and discounts 48,450,000 48,913,000
Specie 2,560,000 2,641,500
Due from other banks 5,710,000 6,125.000
Amount cue to other banka. 3,463,800 3,240,500
Deposits 12,776,000 13,499,000
Circulation 6,071,000 6,355,000
The Boston Post of Tuesday thus notices the
money market of that city;—
A week lias not yet elapßed since our bank sus
pension ; but already this money market is assum
ing a decidedly better aspect, in consequence of
the new mode of settlement adopted at our clearing
house, and as an inevitable result, also, of tbe
withdrawal of most ofthe heays borrowers, through
failure or suspension. On Saturday we heard of
outside transactions at 11-2 per cent; but these
were exceptional. They indicate, however, a grow
ing increase of means as compared with the demand
for credit, and an exceeding scarcity of such securi
ties as retain the confidence of lenders. In truth,
money may be described as about as scarce and
high as ever, for considerable sums. No outside
negotiations of consequence are yet made at any
{irice ; and within the banks, of course, many of the
arger borrowers being in trouble or under sus
picion, there is a very cautious disposition manifest
ed. But discounts are much more readily obtain
ed, in moderate amounts, by those regular custo
mers whose credit is untainted; and speaking
generally, money may be said to be fairly easy for
this class of traders of every branch, although, as
yet, people’s payments are narrowly confined to
notes at bank.
Some of the banks are hampered considerably by
suspended paper, influential borrowers who cannot
repay their loans, and the overdrafts of country
banks—and some of them, doubtless, require all the
credit that has been granted at the clearirg house,
for their comfortable support. But there are many
other institutions, that with the credit aforesaid,
possess very ample means, and that are discounting
all reasonable applications, while they are able to
do something for their country banks and to renew
their large paper falling due. The bank deposits
also are now increasing, through the fears of capi
talists, who know not how to safely invest their
funds, in the present chaotic condition of affairs. The
offers of money to our city treasurer, at 6 per cent,
are numerous and constant, while we leam that the
receipts of the same officer for taxes, up to the pre
sent time, are considerably in advance of those of
last year, to the same point. The actual supply of
unemplayed credit is large, and it is increasing, and
although it proceeds in good part from a lack of
confidence, yet it is no less a supply, for all that,
and it is a supply, also, that will not be dimiahed
for some time to come. If owners of credit will not
lend it, the banks will. There is no reason to doubt,
therefore, that, within a very few weeks, money
will be a drug, to those who retain bank confidence
aud influence; while to the rest of mankind it may
be nearly as scarce and high as it is now.
The demand for specie is very inconsiderable, ex-
cept for small change and for a very limited pay
ment of duties. The brokers pay about 1 per cent,
and sell at 2 to 5, according to the amount wanted,
and the style of customer. Several of the banks
are paying out silver freely in moderate sums, and
all of them pay more or less of coin for small bills.
About *40,009 in gold was offered for sale on Satur
day, to various parties, but without success. As
the banks gain in specie by receipts from the assis
tant treasury and elsewhere, it is to be hoped that
some arrangement may be made by which their
customers can be furnished with gold for the custom
house. free of charge. The whole community, both
depositors and bill holders, have stood by onr banks
manfully, causing them very little annoyance. Both
classes deserve the best accommodation possible,
and the banks, doubtless, are ready to do all in their
power for both.
Sterling exchange is very variable, with few
transactions. The asking price iu Boston at retail
is 103 to 105, with the most transactions at 103 for
the last steamer
Baltimore Money Market.
The Patriot of Thursday afternoon has the fol
lowing report of monetary affairs in that city :
The effect of the recent European advices has
been depressive upon financial affairs and stocks
here and elsewhere. The money market to-day is
very much unsettled and we note an active de
mand. Oar banks are discounting cautiously. So
lor.g as exchange rules so nigh on the North it will
be impossible to hope for any very great relief.—
Tins mav be attrifct’ted to the stringent and illiberal
policy ofthe New York banks. The absence of a
spirit of accommodation with them has forced mer
chants and business men into other channels, com
pelling them to raise money on the street at ruiu
ous sacrifices. A large amount of paper is, there
fore. sent to Baltimore and sold, the equivalent in
gold for which must be immediately remitted—
hence exchange is in great demand, and prices
maintain a high point.
Capital is thus reduced causing stringency , which
otherwise would not be so severely felt. Why the
currency of Baltimore should be so far below that of
New York is an anomaiy; when it known by every
intelligent person that our banks in comparison
withtbose of New York, rre not only stronger, and
safer, but in a much sounder condition. There
should in reality be no difference in exchanges be
tween Baltimore and the North, except enough to
pay liberally for the trouble attending its purchase
and the amount equivalent to transportation of coin.
We hope for the sake of trade, and every other lust
consideration, to see this evil remedied speedily. —
New York banks are dishonored, standing in a
worse poeition than our own. Why then should su
perior respect and credit be given to them ?
Quite a large amount ot paper is offering on the
street, some of which, good to first class, meets ne
gotiation at 1 1 2 to 2 percent, a month: second
class unsaleable. Money on call 1 1-2 51j to 2 per
cent. Gold is in demand, selling to brokers at < to
8 per cent premium. Virginia bank notes, old, 4ft
6 per cent, discount; new do 1011 per cent.
North Carolina 10si2 per cent, discount Ex
change on London quiet We quote sterling nomi
nally at Sto 12 per cent in Baltimore fund? Ex
ciangeinNew York 7 ST percent, premium ; Phila
delphia 3 per cent do.
The stock market today, owing to unfavorable
European advices and adverse accounts from New
York is heavy. Transactions very limited. Balti
more and Ohio R. R.. shares cloeed at 4343 j and
434 asked Northern Central sold at 13f, eloeing
134 bid. Bank stocks are heavy and depressed
no disposition to purchase.
Accounts from the Nbrth and East also Wset and
South, are dieoouragtag
Orleans Money MaTket.
The Picayune of Wednesday has the following
notice of tbe state of monetary affairs in that city;
Tuesday Evening, Oct. 20.
A feeling even of greater gloom than we care to
deuict, pervaded the market to-day from the open
ing to the close. Hitherto a casual gleam of sun
shine has shot across the financial horizon, and ena
bled people to bear up cheerfully under the pressing
ioad they have carried for weeks past. But this
morning the sentiment was one of sullenness, cou
pled with ill concealed threats of a detirmination
not to submit to a condition of things which has be
come well nigh intolerable.
This is no longer the time to be mealy mouthed.—
We are fa3t verging to tbe point where New York
stood at the beginning of last week, when the mer
cantile community, ground down to the dust as they
had been by the backs, turned round and retaliated
on the banks. Our language is of the plainest, be
cause we have nothing more to withhold. The mer
chants must have relief, and of a different kind too
from the temporary palliations of tbe last few days,
or else there will be trouble, and of a nature bo se
rious that the banks may well prepare to stare the
last alternative in the face. The columns of this
paper w ill bear witness to the fact that the banking
system of Louisiana, as established by the compact
of 1842, has found no warmer advocate than our
selves, convinced as we are of its prudent and up
right administration, and that it is as perfect almost
as human ingenuity can devb.e. Nor are we pre
prepared to sacr.fice this prestige lightly, and come
what may it shall not be sacrificed even at the last
extremity, if the unanimous sentiment of the com
inanity means anything. But the banks have now
a duty to perform which is paramount to any idle
consideration of evils that are never destined to be
inflicted, and bank directors should learn before
it is too late, that in the hour of great need they
should yield to no selfish impulses, nor in follow
ing too faithfully the instinot of seif-preservation,
do anything calculated to increase the intensity of
the ordeal through which we are now passing.
The most favorable feature ofthe day was another
decline in Northern Sight funds to 24*ct. discounts,
with the prospect of a further fail to-morrow. _ One
day Sight was offered at 21-2. But the quantity to
be” absorbed is small, and notwithstanding these
rates are telegraphed to the interior, we hear that
distant parties are ordering specie for their collec
tions To show the extreme sensitiveness of the
managers of our moneyed institutions, we were told
this morning of the refusal by one of them to furnish
the coin to the agent of an up-country bank, though
the instructions were peremptory. The party was,
therefore, compelled to telegraph for further ad-
V *Despatches are ooming through every morning
authorizing parties to draw Sight on New York.
There is no use to crowd this market witli Sight, as
only a limited quantity can bo sold. Let them send
on the specie. It will be found the safest and most
profitable mode of placing funds here.
As for Foreign Exchange there Is no market.
Cash sales of first class Sterling can not be made at
95. Some first rate ship bills could be had at 871-2
©9O. In the way of barter, approved Sterling,
which may mean any thing or nothing, is passed at
97 1-2® 95. Both for the protection of the drawer
and the purchaser every pound and franc should be
taken now with the shipping documents attached.
This makes tbe bill secure, and does away with the
absurd definition of “approved.” Every body is
pretty much in the same box at present, and under
the condition of things likely to prevail abroad be
fore long, all bills will be alike.
There were no sales to-day either of F’rance or
time bills on New Y’ork, and quotations are prurely
nominal.
The mail boat from Mobile this morning brought
$511,000 in coin to the bank of James Robb.
We understand that polioies to the extent of $600,-
000 have been opened on coin by the steamship
Cahawba from Havana. We know of Sterling to
the amount of £70,000 forwarded there a fortuight
ago, with instructions to remit the proceeds in gold.
The Cahawba is now due.
The Delta of the same date has the following :
There is very little to be said on the paper market.
There are no negotiations making, 5 and 6 per cent,
per month will not command money. The banks
are doing nothing only in the way of renewals. Nor
are there any transactions in stocks. Bonds are
dull and inactive, and are likely to remain so.
Hlutement of the Bnnks of New Orleans.
For the week ending Saturday, October 17, 1857.
ACTIVE MOVEMENTS—LIABILITIES.
Due Distant
banks. Circulation. Deposits. Banks.
Bank of Louisian $621,929 $2,199,629 $257,456
Louisiana State 8ank1,331,135 2,072,573 178,754
Canal Bank 758,075 544,970 107,242
Citizens’ Bank 1,914,145 1,474,402 182,603
Mechanics’& Traders’ 308,230 215,048 20,302
Union Bank 497,150 317,380 73,143
Southern Bank 149,735 114,981 ....
Bank of N. Orleans.. 381,815 317,144 77,991
Bank of Jas. Robb... 234,245 186,015 ....
$8,196,459 7,424,124 897,551
resources. Specie. 90 d’y pap’r. Exch’ge.
Bank of Louisiana. .$1,164,974 $3,100,313 $423,454
Louisiana State B’nk 694,334 3,927,124 395,824
Canal Bank 487,313 3,011,525 390,076
Citizens’ Bank 554,885 4,428,538 517,433
Mechanics A. Trad'rs *60,413 887,964 36,627
Union Bank *23,225 1,435,018 1 08,993
Southern Bank 120,093 501,330 2811,146
Bank of N. Orleans.. *t31,730 1,604,777 145,295
Bank of James Robb 93,373 386,994 ....
$3,230,370 19,290,583 2,297,848
•Suspended.
t$ 175,800 notes given inpayment of bank bal
ances.
Comparative Statement for Two Weeks.
Oct. 10. Oct. 17.
Specie $5,409,525 $3,230,370 Dec. 2,179,155
Circulation.... 7,528,484 6,196,459 Dec.l 332,025
Deposits 9.500,728 7,442,142 Dec. 2,058,586
Short L0an5...20,329,386 19,290,583 Dec. 1,038,803
Exchange 2,403,014 2,297,848 Dec. 105,166
Due Dist. B’ks. 956,456 897,551 Dec. 58,905
From the St. Louis Republican.
l’artlcnlara of the Sinking of the Tropic.
We noticed yesterday morning that the Missouri
river Lightning Line Packet, Tropic, had been
sunk in the Missouri river, involving a loss of ten or
twelve lives, and a total loss of the boat.
Last evening the steamer Col. Crossman arrived,
having on board about forty of the Tropic’s passen
gers, from whom we have obtained the following
particulars:
The accident occurred on Thursday, the 15th
inst., between three and four o’clock, P. M., at the
Waverly Landing, one mile below Waverly. The
boat had rounded out from the landing, and started on
her way down the river. Below the landing the chan
nel is very deep and close to the shore. A high wind
prevailed at the time, and agale striking the boat, she
became unmanageable, and was driven towards
the shore with great force. She is supposed to have
struc k a nest of hidden Burgs, situataa about seven
ty-five feet from the bank, which stove her wheel
to pieces and broke into the hull. She began to fill
with water very rapidly, and the shock careened
the boat very much, and caused great consterna
tion among the passengers in the cabin. Unfortu
nately for them, in their terror, they commenced
running below to the main deck, instead of taking
the safer course to the hurricane deck. There was
a general panic in tbe cabin, in which women and
children mingled, all hurrying for a place of safety.
The scene in the cabin at this time, as described
to us, was terrific, and the temptation to a general
rusli below seems to have been tbe proximity of
the shore and the hope of reaching it by a leap from
the main deck. The boat was in the meantime
sinking rapidly, and the lower deck was already
submerged in water. The panic-stricken peesen
gers then sought a safer landing on the hurricane
deck, from which some of them’are said to have
jumped ashore.
The officers of the Tropic report having on board
one hundred and fifty passengers, which was a large
crowd for a small boat. The number increased the
confusion, and by the time the water had reached
the boiler deck numbers of the passengers were
seen in tbe water, struggling for tbe shore, and
shrieking wildly for help.
At this point the river currents is very rapid, and
full thirty feet deep. The banks is nearly perpen
dicular, and fifteen feet high.
Under such circumstances, the perilous position
of the passengers of the Tropic can more readily be
imagined than described. The sinking was very
Budden, and all of those who rushed to the main
deck were of course immediately submerged in
water, and floated out into the current, together
with mingled masses of wood, freight, furniture,
Arc. It is supposed that from twelve to fifteen
lives were lost—the number had not heen correot
ly ascertained when the Crossman arrived at the
wreck.
Among those drowned we can only name Wm.
Hester, Ist Sergeant Company B, 2d Artillery; Joel
Cross, also of Company B, 2d Artillery, of Iowa; a
son of Mr. Stephens of Kentucky, and a negro be
longing to Mr. Stephens.
There were nineteen soldiers on board in all, be
longing to two companies of United State! Artillery
—accompanied by officers Lt. De Lagneil and Cap
tain Carlisle.
Among those certainly known to have been
drowned were a number of deck hands, names not
known. In the confusion which prevailed at the
time our informant left the scene, it was impossible
to ascertain either names or the number of the lost.
The boat is a total loss.
The following additional incidents and particu
lars wire furnished io the Evening News of yester
day, by one of the passengers of the Tropic:
The boat sunk so quickly that all wbo were on
the boiler deck were carried off into the river,
among the wood and other loose articles that floated.
The number was large from the fact that tbe first
impulse was to run down stairs and jump for the
shore. The river was literally covered with men,
women and children, mingliDg with wood, mattress
es, barrels, Arc.
The officers did all that was in their power to
save the drowning, and secured the boat with a fine
to the shore—her hurricane deck remaining above
water.
One old gentleman, a member of tbe Legislature
from Clay county, was carried off, and struck out
nobly for the shore, which he reached with the assis
tance of a noble-hearted Irishman, after swimming
about one hundred yards. He is seventy five years
of age.
The mate, a noble specimen of humanity, plung
ed in and rescued two ladies, taking the clothes of
one in his teeth and holding the other in one arm,
while with the other arm he m&de his way to the
shore ; after which he plunged in again and brought
out a little boy.
The cook, seeing a lady with two children hang
ing in the ropes to the spar, threw eff his coat and
jumped in from the upper deck and swam to her re
lief, rescuing the two girls, one of ten and one of sev
en years old. He tola the oldest to hold round bis
neck and he would swim out with her and then come
back lor her sister: but like a little heroine, she
said, “If you please I can bold a little longer to the
rope. Won’t you please take my little sister first ?”
The mother was relieved by the boat.
A gentlemun with his family, going from Missou
ri to Kentucky, lost his colored boy, about eighteen
years old, who went down, carrying in his arms his
youDg master, about ten years old. The name was
Stevens.
A gallant young officer, on his return from New
Mexico, found himself in the water with a beauti
ful young girl, who clung to him with the energy of
despair. Although Several times carried beneath
the muddy stream, be last emerged with his fair
charge, amid the plaudits of the witnesses of the
struggle.
A voting gentleman from Connecticut, who was
leaving Kansas for the winter to teach school in
Illinois, found himself wrecked in the evening, and
meeting him early next morning, I asked him how
he fared. He said he had just engaged to teach
the shool in Waveriy, and was now ready to dis
pose of his ticket for the balance of the tnp. This
was so characteristic of the land of steady habits
that I could not help relating it by way of shading
down our Borrow.
As soon as the news of our disaster had spread
through Waveriy and St. Thomas, the villages
near where our w reck occurred, the people hasten
ed to our relief, placing their houses and whatever
would contribute to our comfort at our disposal,
and in their generous kindness almost making ns
forget the misfortune that had befallen us. It is
almost worth while once in a life time to be an ac
tor in such scenes, to know how misfortune opens
the hearts of our fellow-creature 6.
O.NT or THE UfiEORTfRATE.
A Sap Spectacle. —Many of the manufacturing
villages in Rhode Island present a sad spectacle at
the present time. Business is almost at a stand
still, and in many places it is quite so. Operatives
are out of employment, with no prospect of obtain
ing anv until spring, and even then it is a matter of
hope rather than certainty. Whole villages are
thus prostrate. The condition of many who run
mi-ls is but little better. They can neither, to any
profit, continue their business or sell their goods—
certainly not for cash, and to sell on any other terms
is regarded as adventurous in the highest degree.
The consequence is very naturally bad all around;
but chiefly so among those operatives who are with
out any present means, and a great majority are in
this condition. In passing through the northern
part of Rhode Island yesterday. we saw no mills,
with one exception, running at anything like their
accustomed speed, while eight in ten were entirely
closed. “Nothing to do” is the voice that painfully
sounds on the ear in every direction. Such a pa
ralysis has never been known in these villages, a
majority of which date their existence this side of
1337. —805t0n fiss.
St. Loris, Oct. 24. Capt. Van Vliet hisarrived
here. He met the troops on the 9fd ult. 380 miles
beyond Laramie, all well. He also met Col. John
ton end Gov Cumininge ,
/Vow the Atlanta Amencjn af Thursday,
The Fair ,
AUaula is handsomely represented on tbe fair
grounds. We notice very many articles contribu
ted by ladies and gentlemen.
Mrs". H. Bruamufier is exhibiting a great variety
of elegant end tasteful embroidery—fancy shell
work—work in hair braid—leather work for picture
frame*, and several paintings. Each specimen dis
plays skill and taste ot no ordinary degree, and an
amount of patience which world have been credit
able to Job himself.
Our friend, James L. Dunning, Esq., Agent of
Atlanta Machine Works, has on exhibition a ‘-o
Horse Power Stationary Engine made to order. As
it has no extra work, such as would be bestowed on
any gotten up for exhibition, it affords a true idea
of our advancement and facilities for supplying
those in want of Machinery, or motive power. The
whole arrangement is very compact, and wire
boilers added will fill a space of about 10 by 20
feet.
Tbe stock of R. Peters, Esq., is handsomely re
presented by attractive specimens of his Cattle,
Goats and Swine. They attract the attention ot an
who desire to see the stock of the country improved.
The judgment and energy of this gentleman, m his
efforts, are worthy of all praise, and we are glad to
know he receives substantial proof of the apprecia
tion of the public. ....
Peters, Harden Az Cos., are exhibiting specimen*
from their Nursery. But the unfavorable season
has caused the display in this department to be un
usually unatt* active. We notice, however, a few
Peas, Grapes, Apricots and Apples,
Dr. Bowman, of Hall county, -is also exhibiting
some fruits, principally Apple*. In addition, he ex
hibit* specimens of some manufactured Wool Hats,
which we think commend themselves.
Miss E. Leslie Hayden of our oity, a girl of only
nine years of age, evinces refined and educated
taste, in combination with rare skill, by several
landscapes iu monochromatic.
Two most beautiful specimens of embroidery are
contributed by Miss M. H. Bird, of Dalton. One is
a female figure, and the other the figure of a.child.—
Both of them are artistically executed, whether the
arrangement and combination of the color, or the
symmetry of the figures be considered. They are
really very beautiful, and reflect great credit upon
her.
Miss Hale exhibits a richly embroidered scarf of
white Merino.
We also notice several pieces of embroidery—
among them a ladies Merino Walking dress, and a
child's dress, by Mr*. Wm. L. Lumpkin, of Forsyth,
Georgia.
F'rom tbe same place we see several pioturee in
Crayon, Monochromatic and Oil. Among them a
delightful landscape in Oil by Miss Mary L. Roddy,
and a snow scene in Oil, by Miss Dodie Uoobrau,
only 11 years of age. Both pieoes exhibit consider
able talent and rapid advancement.
gjThe display of Counterpanes, t)uilts, St o., is less
extensive than usual, but by no means meagre.
We have specimens of Shoos and Leather from
the “Steam Tannery,” Marietta, Ga., and from
Maltbie, Cleveland & Cos., Lawrenoeville, Ga.—
Each establishment sends up articles which Bhould
command attention from the planting interest. The
leather is of unsurpassed quality, while the shoes are
put up by Southern workmen, in a substantial man
ner, from good stock. Our Southern negro shoe*
are far superior to any Northern make, and the
manufacturers should be liberally patronized. They
have not yet learned the trick of glossing over de
fect* of damaged stock.
We reserve fer to-morrow, notice of other valua
ble articles and commodities.
From the American, of Friday.
In addition to what we had the pleasure of notic
ing yesterday in the Ornamental department, we
observed two pieces of embroidery by Miss* Anna
V. Russell, of Augusta—one an elegant Talma, and
the other a child’s dress. Miss Russell is only eleven
years old.. We mention these triumphs of girls and
young ladies, because they are calculated to en
courage refinement of taste and to elevate the as
pirations of the mind. They also awaken a spirit
of emulation—which it ia hoped will be productive
of effort and of good.
Miss Elizabeth Neal, of Warrenton, sends up a
most beautiful Artificial Wreath of breided Hair.
The artiscaJ skill displayed in braiding and arrange
ment is quite oomph.neatary to her head, while the
fact that it* parte are iK-rapoeed of dippings solicit
ed from her friends —young, middle aged and old,
of all classes—thus entwined into a perpetual me
mento—does lasting honor to her heart. The heart
that can conceive, and the head which can oontrive
such a delicate testimonial of affection and remem
brance, deserves mors of happiness than this cold
world caD be expected to bestow.
There are very many other articles, well worthy
of attention, in this department, but we must pass
them by.
Os tbe handiwork of the ladies in the department
of the useful we saw a coverlet woven by Mrs. M.
W. Coulter, of Cass county, of a rather novel char
acter. It was classed as a coverlet, but is more like
a Rug. It was, however, somewhat attractive.
Col. J. W. Watts, of Cass, is following close in the
wals of Col. Peters in the line of fine Cattle, Swine,
and SheeD. He has on exhibition, some very fine
specimens of each, and bids fair to become a formi
dable rival of Col. Peters’.
Mqj. Mark A. Cooper has a “dread array” of pon
derous material from his celebrated “Iron Works’*
in Cass County. The Mqjor is evidently a go-ahead
man, and determined to succeed. Ilia Iron appear.!
to be as good as any, and, it seems to us, shop’.d
have the preference—other things being equal. We
lack noth.ng but the will of being perfectly ind-epen
dent of the world in this matter as well as mar,y oth
ers.
We were trulv gratified to see two leading arti
cles in Husbandry contributed by Mrs. Curran Bat
tle, of Warren county to wit i Butter and Cheese.
Os the former, tbe quantity and quality were in ex
cess of the usual contribution from one person. As
butter is almost universally made, we merely men
tion it. It is of cheese we would more particularly
speak. There were several of them, and each one
was of superior quality. This lady thus furnishes
the evidence that we can, if we will, make our own
supplies of this commodity; and if bo, successful in
Warren county, what Bhould the result be in
Cherokee Georgia l We send, annually, hundreds
of thousands of dollars to the North for this article,
when it could just as well be pocketed by our own
farmers, and thus be added to the public wealth.
Mr. Axt also furnishes another example of our
natural resources, hi a sample of his Georgia Wine.
Here, again, large sums are annually sent away from
the South, to the North and to Europe, for Wines,
while we have an adaption of soil, climate, and ex
posure in the highest degree favorable to the cul
tivation of the Vine. We can make not only for
ourselves but for exportation. It can be done, too,
without in the least interfering with our great staple.
Mr. John Simpson has on tne ground a portable
Horse Power to be used in ginning cotton grinding
grain, or sawing lumber, calculated for one or more
horses. It is easily taken down and removed from
place to place, ana so arranged as to save much in
friction and thus add to its available power. It is
capable of cutting 1000 feet of lumber per day, with
the power of three horses. Being constructed most
ly of wood, it can be built of material immediately
at hand on almost every plantation ; a few castings
and a little iron, in addition, are all that is needed.
In conclusion, we would remark, that considering
the consternation which seized upon, and well-nign
paralized the public mind, by the suddenness and
extent of tbe money panic, the fair has been well
sustained. While less has been exhibited in many
departments, particularly in the Horticultural and
Ornament, it is thought that the exhibition of Stock,
and in the Mechanical departments, exceed that of
any former year. We are not advised, but should
judge that the receipts at the gates were less, but
still encouraging.
It is to be regretted that no fields crops were ex
hibited, and the premiums will remain over. These
could have been taken by Cherokee Geoi gia, but it
was expected that Southern and South-western
Georgia would certainly be represented, and take
the Pitchers, as she is always able to do. We hope
to see her represented hereafter, by her cotton bales
rice, sugar, syrup, and Tobacco.
The Great Railroad Convention.— This bo
dy in session at Cleveland, represented fifty-two
railroads, and was oailed to consult upon the run
ning arrangement* lately made between tbe four
great lines seeking the seaboard—the New York
Central, New York Erie, Pennsylvania Central, and
Baltimore and Ohio.
Among their resolutions of pnbfic interest was
one abolishing the employment of runners to solicit
passengers—another that the rates of freight should
be Increased on their fines, and be made uniform
between alt competing points, and that the shortest
fines between these should be permitted to fix the
rates, provided they are i it less than l}o. per ton
per mile en the lowest class of freights—another
that free passes for the year should be issued on’.y
to the President, Superintendant, General Ticizet
Agent, General F'reight Agent, Loet Baggage Ag snt,
and one General Travelling Agent, and a;-cuts
searching for stray freight or cars of such connect
ing lines as it may have ticket or freight arrange
ments with ; and to the editors cf papers located in
any county through which the line of the load runs.
After November Ist, 1857, no trip pass shall be is
sued except for strictly charitable puroosee, and no
special p asses except to employees ofthe roads,
and owners or drovers accompanying their stock,
not exceeding one in number for each two cars—
two for four cars—three for eight oars, and not more
for four for ten cars or mote—and return passes to
the same persons, gooi for thirty day*. No road shall
pass any person over I’ line .pon the pass ticket of
any other road, or the ret;>.tet o! the offioer* of any
ather road.
Another resolution forbids the use of all printed
bills and posters, exoept such as are permanently
enclosed in frames, and limits their statement* of
facts to distance, connections, direction, rates of
fare, and timet of running; another declare* that
the rates of passenger fare shall be uniform on all
competing fines, to be fixed by tbe shortest lines,
which rates shall not be less titan two and a half
cents a mile.
Extra baggage is to be charged double first-clats
freight rates. The regular allowance is to bs eighty
pounds to a passenger.
Freight coaxed off or diverted from a line to
which it is marked, shall be paid by the competing
line which gets it, to tbe one which was entitled
to it.
The roads which violate the contract will be “cut
off.’ Tickets over them wiil not be sold; freight
will not be receipted to go over them, nor will their
coupon tickets be accepted, nor their cars be allowed
to run on the other tracks.
The arrangement will take effect on the let of
November. —Albany Event*# Journal, Oct. 20.
Statistics or Georgia.— We are indebted to
Peterson Thweatt, Esq , the intelligent and inde
fa'igable Comptroller General of the State, for a
full abstract of the one hundred and eighteen
Tax Digests returned to his office by the Tax Re
ceivers of (he present year. This abstract is con
tained in four tables, marked “A,” “B,” “C,“ “D,”
and shows at a glance, the amount and value of
every item of property, and every franchiee, upon
which a tax is paid, in every county in the State,
besides many other things interesting to those who
take a pride in watching the rapid progress of our
noble State in all the elements of greatness and of
wealth. The preparation of such an abstract re
quire* much time, patience, industry and intelligence,
and much credit ia due to Mr. Threatt for the man
ner in which he ha* performed the self-imposed task,
for it is not a part of his official duty.
We would be gland to publish all of these tables,
but are deterred by their length.
Number of Polls - 97,149.00
Number of Professions 2,510.00
Number of Free Negroes 1,074.00
Number of Slaves 426,566.00
Acre* Land, Ist quality 450,785
”and “ fi.293,218
3d “ 10,808,194
Pine 15,728,316 -33,285,669.00
Aggregate Value of Slaves $223,939,723.00
Average Value per head 524.97
Aggregate Value of Land 136,Ml ,959.00
Average Value per Acre 4.10
Value of City or Town Property 30,037,061.00
Value of Money and Solvent l/otes... 83,895,461 00
Value of Merchandize 11,831,899.00
Value of Ship and Tonnage.* 1,064,932 00
Value of Manufactures... 5,750,001.00
Vain* of Furniture over S3OO 2,019,602 00
Value ofProporty not enumerated 32,850,815 00
Value of Foreign Bank Capital 856,510.00
Value of property returned 1857. ....528,927,963.00
Value of property returned 1856 495,578,045.00
Increase in value of taxable property 33,449,918.00
[Corutitutionaliit.
Great Match at Billards—Sar Frarcisco
aoairst the World.— The Porter’s Spirit of lait
week direct* the attention of atar Billiard players
to an account of a great Billiard match at San
Francisco, played between two expert* named
Brown and Alexander, in which the former made a
run of 1.444, on a full sized carrom table, with but
three b&Ua, instead of the usual oompiiment of four.
Thi* ie. undoubtedly, the greatest exploit on record,
in the way of Billiards, and it provu that Mr.
Brown has reduced himielf to the aocuracr of a
machine; and that his counting from morning till
night, at every shot, ia a mere question of physical
endurance. Were not this wondrous run attested
as it is, by affidavit, w* should hesitate to give it
credit but, proven as it is, the performance is be
yond a doubt. Where are the champion Billiard
players now ‘ Where is Jonathan in England! An
drew ? Phelan ? Tieman T Millar f Lake T and the
Albany Pony t Echo, answers, where t
A Remarxablx Case.—A marriage took plaee
io Fairfax oonnty, on Saturday last, of a couple who
were divorced nine years ago. In the mean time
the man has been married and hi* iMflt died, and
ou Saturday he was again married to his former
wlfs. —Atm •*■
WEEKLY
Chronicle & JStntindL
AUGUSTA, GA.
WEDNESDAY MORNING, OCT. 28, 185 T.
SUSPENDED BANK BILLS
AT PAR.
The Proprietor of the Chronicle and Sentinel
will take the bills of the following suspended Banka
AT PAR, for any indebtedness to this office, or for
subscriptions to the Chronicle & Sentinel and
SorTHERN Cultivator :
All tbe Banks in Augusta and Savannah.
The Bank of Fulton.
All the Banka in South Carolina.
Savannah Banka.
A meeting of the Presidents and Cashiers of the
banks in our city, waa held on the 19th inst., and the
following manner of settlements was agreed to:
First: They will receive in payment and on de
posit, the notes of all the city banks, the notes of the
bask of Hamburg and of the banks of Augusta and
Charleston, which are received by the banks in
those cities. The notes of the bank of Middle Geor
gia, and the notes of the following banks and bran
ches, so long as they are redeemed by banks in Sa
vannah, via: Branches of the State Bank, Bank of
Columbus, Bank of Athens, and the Commercial
Bank of Brunswick.
Second: The balances arising between the re
spective banks in this city, shall be settled on Tues
day of each week, as follows : Balanoes to be paid
in the bills or in checks at Bight on the banks adopt
ed as currency , and in the event of any bank not
beiDg prepared to pay balanoes against it in this
way, said bank shall be required to give a check at
ten days after date on New York at par.
Third: Each bank is allowed to pay out at its till
any of the notes designated as currency.
Fourth : The rate for sight oheoks on New York
for the present shall not ezoeed i per cent pre
mium.
Fifth: Each bank is requested to appoint one
person to represent it, at a standing oommittee to
superintend the transactions of the banks, so as
tc promote uniformity of operation, to meet every
Tuesday.
We clipped the above notice of tbe arrangement
among the Banks of Savannah, from the Republi
can some days since for the purpose of offering a
few comments.
The regulation requiring weekly settlements is
not only every good one, but absolutely necessary,
to keep a proper oheck on each other. We wish we
oould say as muoh for that allowing the Banks to
pay out any bills recognised as currency. This is a
pernicious regulation, and one calculated to give
circulation to the bills of the weaker Banka, to the
exclusion of the stronger—and its adoption would
lead to the inference that some of the Banks being
distrustful of the ability of some others, did not
desire to hold over their bills for settlement, and
therefore thrust them upon the public. We hope
the next Legislature will pass an act requiring all
Banks to pay out their own hills and no others,
under penalty of forfeiture of their oharter, and re
quire all the Banks of the Sta te to accept the law as
an amendment of their respeo rive charters, or make
it the duty of the Governor to prooeed against them
and forfeit their oharters for a suspension of speoie
payments.
The article regulating tbe rate of exchange, should
have established the rate p< rmanently either at j per
cent, or declared that it should not go beyond that
point The rate of exchange on New York, under a
specie basis, has not ranged at any time, above |
per cent in the last ten or fifteen akirs, that we re
oollect, and the Banks can as wefofford to fnraish
it at that rate, now as at any other time; —and if
they attempt to exlort more from the community,
their bills should, be protested promptly, and they
prooeeded against for a forfeiture of their charters.
For it is a mere shaving operation, which should not
be tolerated, and for which they should be punished.
Let the thing be understood that they will be re
quired to furnish exchange at the regular rate or
their bills protested, and they proceeded against for
forfeiture of their charters, and the oommunity will
eaoaps being shaved in the rate of exchange.
The Georgia Banks.
We find in an exchange, the subjoined condensed
statement of the circulation and specie of the Banks
of Savannah, Augusta and Macon, as shown by
their respective reports to the Governor, the Ist of
October, 1857. This statement only exhibits the
circulation and specie, which is truly a most favora
ble exhibit in support of thesoandness and solvency
of the Banks. But when the amount of cash, ex
change, and notes discounted, is added to the spe
cie, it will Bhow a degree of solvency rarely equaled,
and never surpassed by the Banks of any State in
the Union. Wo commend this statement to the at
tention of the public, who are so deeply interested
In the safety of Banking institutions, and ask for it
their careful consideration. It affords the highest
evidence of the solvency of the Banks, and assures
the bill holders tliut their confidence in the ability of
the Banks should not be in the slightest degree im
paired :
Condition of the Georgia Banks, made in compli
ance with the Proclamation of the Gooernor, of
October 1, 1857.
savannah. circulation, specie.
Bank State Georgia *1,112,583 00 • 303,397 55
Bank, of Commerce ... 135,914 00 40,037 88
Bank (Savannah 386,683 00 111,177 93
Marine Bank 377,503 00 211,447 26
Mer. K Plant. Bank 209,379 00 70,814 80
Mechanic’s Sav. Bank 278,936 00 29,587 00
Planters’ Bank 329,807 00 86,892 87
Cent. R.R. & Bk’g. G 0.... 147,579 00 67,590 82
AUGUSTA.
Ang. Ins. Is Itank’g Cos • 76,659 00 31,448 96
Bank of Augusta 310,040 00 43,524 13
City Bank 318,627 00 101,149 53
Mechanics’ Bank 310,564 00 103,709 91
Union Bank 163,205 00 41,007 85
Geo.R. R. 4- Bank’g C 0... 675,40 i 00 80,209 01
MACON.
Manufacturers’ Bank 67,208 00 21,409 10
Bank Middle Georgia 44,869 00 19,024 48
Total *4,944,958 00 *1,320,426 09
The Selma Bank Suspended.—We learn from
a dispatch to the Montgomery Mail, that the Com
mercial Bank of Alabama, at Selma, suspended
specie payments on tbe 20th instant.
A New Difficulty.—The New Orleans Bulle
tin says, now that a good many Solons have got
gold in exchange for good bank notes, they will be
in greater difficulty than ever to know where to
keep it safe, and what to do with it. They have ta
ken it from safe places, and now have it in unsafe
oneß. We would delicately insinuate for the special
benefit of such persons that they would do well to
keep a remarkably sharp lookout, for burglars will
be for a week or so as plenty as blackberries in
June. We understand that pickpockets were very
busy yesterday among the crowds in the vicinity of
some of the banks, and that they succeeded in re
lieving sundry persons of their oash as they came
from the banks with their pooketa and hats full of
it!
The best advice we can give all persons who
have been so foolish as to encumber thomsel it*
with handfuls of gold is to return them to the secure
places whenoe they were taken, and that speedily.
Unless they do this, we shall expect tc chronicle in
numerable burglaries. “Now is tbe season of tbe
burglars’ harvest.
Discharge* Operatives. —The Philadelphia
Bulletin says: We are informed that much of the
feeling of the poor againet the rioh, which ii etirred
up eo frequently, no earnestly, and generally eo oau
tiouily, would be very much modified, oould the
amount of effort be made known wbioh hundred*
of employers In this oity have undergone, less for
their own benefit than for the sake of giving occu
pation to their hand*. Many a man who oould hare
“closed up,” dismissed the men or girls, and laid by
with a competence, has actually risked his all, or In
curred failure, rather than be suspeotedof inhumani
ty. We hare heard of sereral such oases, and
know that there must hare been many more. We
have heard of one instance in whloh a gentleman
who would not have been suspected by the world
or by his employees of such feeling, shed tears at
the prospect of his numerous dependents being turn
ed out to beggary and suffering.
PußirriNo the Navy.— The Philadelphia In
qmrer says that the whole history of the effort to
purge the Navy, has been one of heartless persecu
tion; the original court a sort of Inquisition; offioers
tried and condemned without being heard; nay,
not a few, when sentence was pronounced against
them, were in active service, and some thousands of
miles away. Whilst, beyond doubt, a considerable
number deserved their fate, —idle, inefficient, intem
perate, and, in every way, contemptible,—yet not
a few were thrown overboard for no other reason
than that the members of the Board had the power
to throw them over, men who were in every way
equal to those by whom they were destroyed. The
whole oountry revolted at this proceeding, and
hence it was determined that there should be a tria’
of the prose ibed officers.
These second trials, as they are called, but in reality
the frit,— it being a mockery to call the one-sided,
secret proceedings, before the Naval Reform Board
a trial,—have been attended with great inconve
niences, discomfort and cost, and, in ene or two
cases at least, the applicants have died, as is be
lieved, of anxiety, either before or after the exami
nation. Their families are left in poverty and sor
row, heightened by bitter reflections upon the igno
miny and shame brought upon the brave defenders
of their country, without a trial,— without the means
of meeting charges against them which to the mean
est criminal, which even to the African slave, is ac
corded.
Two Children Poisoned.— On Thursday two
children of John Cahill, of Jersey City, N. J., were !
taken with violent spasms from eating the seeds of i
the Jamestown weed. The elder, a boy six years
old, died the next morning, and the other, a little
girl, aged four years, will, it is hoped, recover.
According to Prussian journals, the diplomatic
agents of England in Germany and Belgium have
given notice that the trade in firearm* with India
would no longer be permitted. The (gun manufac
turers of Liege and the German State* have been
doing a very large business with Calcutta,
Heavy Failures. —The Montreal Commercial
Advertiser, of Monday, reports the failure of Bur-
Stall A Cos, of Quebec, with liabilities of £300,000.
Also, a rumor that the Grand Trunk Railway had
£BO,OOO of sterling exchange returned under pro
test, sold to the Bank of Upper Canada. Severe’
large manufacturing bouses in Montreal have sus
pended operations, and nearly two thousand opera
tivee are thrown oat of employment. Baiweea is ex
tremely doll, and the financial pressure daily be
coming worse.
Di&irr Shipments to Eciiori.—The Savannah
Republican, says : A. planter from Jeffenon eonnty
was in Savannah a few day* einee, for the pnrpoee
of selling his cotton; but being able to get only 12
to 121 cents for the earn* quality, which is selling m
Liverpool for 99id., he concluded to ship it to that
port. It was put on board th# ship Georgia, which
*ild yesterday. Ai exchange is so low, he would
uot draw against tt, and say* that if he cannot sell
U* bill at a fair price he will have the geld Wrought
back lor it.
When dees tfce Legislature Meet f
It will be seen by tbe following communication,
hat our correspondent, whose artiole was published
on the 16th inst., was in error as to the time the
Legislature meets. We thought at the time, and
had always believed, that it waa a constitutional
provision, but our correspondent spoke ao positive
ly, that we concluded we had labored under an er
roneons impression, and yielded without an examina
tion.
“ WHEN DOES THE LEGISLATURE MEET.”
An Act to alter and amend the twelfth section of
the first article of the Constitution of this State.
Section Ist Be it enacted by the Senate and
Route of Representatives of the State of Georgia
in General Assembly met, and it is heieoy enacted
by the authority of the same, That so soon as this
bill shall be passed by the General Assembly agree
able to the requirements of the Constitution, the fol
lowing section shall be adopted in lieu of the twelfth
section of the first article or the Constitution :
The meeting of the General Assembly shall be
annual, and on the first Wednesday in November
until soch day of meeting shall be altered by law.
A majority of each branen shall be authorized to
proceed to business , but a smaller number may ad
journ from day to day, and oompel the attendants
of their members in snoh manner as each House
shall prescribe ; but no session of the General As
sembly shall oontinne for more than forty days, un
less the same shall be done by a vote of two-thirds
of both brsnohee of the General Assembly—the vote
to be taken by yeas and nays. The compensation
of the members and offioen of the General Assem
bly shall be fixed by law.
Signed by William H. Sticks,
Speaker of the House of Representative*.
David J. Baii.it,
President of the Senate.
Approved March 4, 1856.
Hnrschel V. Johnson, Governor.
Secretary of State’s Offiok, )
Mllledgevllle, Ga., March 17th, 1857. $
I hereby certify that the foregoing are oopiee of
the enrolled Aota, entitled an “ Aot to alter and
amend the first section of the third Artiole of the
Constitution of this State,” and also “to alter and
amend the twelfth Section of the first Article of the
Constitution of this State,” as appears from the files
of this Department.
Given under my hand and seal of office.
B. P. Watkins,
Secretary of State.
Mr. Editor *—Yon will discover that the fore
going is an act to “ alter the Constitution,*’ end not
to “ amend a law,” as stated by your correspondent
of the 16th inst. The Constitution provided origi
nally that the Legislature should meet in Janaary,
and it also provided that no part of said Constitu
tion should be altered, only in a eertain way. Al’
legislation, therefore, upon ohanges of the Constitu
tion, must have neen in accordance with the pro.
visions of that instrument. Hence, the neoeesity in
this instance. It will meet on the first Monday in
November. Yours, deo.
Long Cane, Ga., Oot. SB, 1857.
Monet Market—Sales.—' The New York Jour
nal of Commerce, of Saturday, says : There is an
active demand for money which is more freely met
by the banks, but ll not relieved to any considera
ble extent by the note brokers. Borrowers are un
willing to pay the extravagant ratee of internet cur
rent last week, while capitalists seem more inclined
toward State andoorporate securities than business
paper.
The Banks of this city have had a meeting to-day
and have adopted resolutions in favor of sending
home for redemption the notes of Banks outside of
this State.
xxports of specie prom the port of niw-iork
FOR THE WEEK ENDING OOT. 17, 1857.
Oot 12, brig Condor, Porto Rioo, silver
coin *8,400
Oot. IS, stm Cahawba, Havana, Ameri
can gold 4,700
Oct. 1, stm Arabia, Liverp’l, Sovereigns 1,450
17, Fulton, Havre, American gold- *I,OOO
” 17, Philadelphia, Havana, Sp. “ 87,040
■ ir| “ “ Specie.. 18,065
Total for the week
Previously reported $35,046,555
Total since January Ist, 1857 $33,216,727
Same time in 1856 29,090,584
Same time in 1855 24,784,763
Sometime in 1854.. 32,353,393
Same time in 1853 17,630,354
Same time 1852 21,922,987
Southern Central AoriculturalSocisti.—
The regular annual Fair of this St oiety hae just
closed, and we regret to be forced to the oonolusion
from the tone of the Atlanta papers, (for we have
not seen any person who was present,) that the ex
hibition was a very meagre ons if not a decided fail
lure, as compared with previous Faire. We obeervei
however, that the association seems dipoeed to per
severe, and have elected offioen for the ensuing
year.
President, Leonidas Mkroir, of Terrell oounty.
Vice-Presidents, M. P. Nißmtinai.e, of Cam
den and D. W. Lewis of Hanoook.
The executive committee will be appointed by
tbe President
Mobile, Oot. 19.— None of the Alabama banks
are affected by the pressure. Cotton is dull, mid
dling quoted at 10c. per I*. Sterling exohange is
fiat.
We find the above “special” dispatch published
in the Baltimore Sun, from ita Mobile correspon
dent. Perhaps the correspondent may explain
why, if the Banks of Alabama are not affected, any
of them have suspended. It would also be interest
ing to know, why sterling exchange was “flat,”
and middling Cotton selling at 10 cents, in a mar
ket where it was selling readily at 13 oents, three
weeks previous; indeed more readily than it does
now at ten.
Bankable Fuads la Nashville.
The Nashville Banner, publishes the following
fist of Banks, the bills of which are bankable in that
city:
Bank of Tennessee; Union Bank; Planters’
Bank; Bank of Commerce; Bank of Chattanooga;
Bank of Middle Tennessee ; Bank of Paris; Bank
of Union; Bank es Memphis; Bank of Amerioa;
Farmers’ Bank; Citizens Bank of Nashville and
Memphis ; Commercial Bank ; Southern Bank ;
Northern Bank ; Backs’ Bank ; City Bank ; Mer*
chants’ Bank ; Exohange Bank.
Ohio Life and Trust Compant. —An adjourned
committee of the creditors of this concern, whloh has
the “honor” of starting the financial panic, was held
at Cincinnati on Saturday, when a committee ap
pointed to procure information in regard to the con
dition of its affairs stated that they had been nnable
to accomplish anything in consequenoe of the fact
that the officers of the Trust Company declined to
give any infer: ition on the snbjeot. One of the
committee, however, stated it as his opinion that if
the creditors wonld be patient, and not embarrass
the action of the trustees, in all probability they
-would get their money. He had understood that
Judge Este, the largest oreditor of the company,
had come to this oonolnsion ; and he therefore ad
vised patience and moderation on the part of the
creditor*. The meeting finally resolved to appoint
a oommittee to wait on the trustees of the company
to ascertain the state of its affairs.
O mins South for Wore.— The Savannah Re
publican says :—By the last steamer from New
York, a number of mechanics arrived in onr city in
pursuit of work. The applications for employment
at the different foundries were, of oonrae, unsno
oessful, a* they are ail foil-handed. Many of them
will no donbt leave for the Interior, and others will
go back to the North, while those who are more un
fortunate, will be left in the eity to shift for a liveli
hood as best they oan.
A Singular Fact.— A stock raiser of Fayette
oounty, Ky., lost eight eolts one season, four of thsm
thorough brads, and four of them common sorub
stock. He amputated the legs of all of them, and
boiled off the flesh, cleaning the bones thoroughly
to learn, by examination, what differenes, in re
spect of bone, there was between pure blooded sod
common ones. |On taking thsbone* of th* thorough
breds, and holding thsm up to th* light, he netiood
that they fwere almost transparent, as muoh so sa
white corn. He tried the same experiment with the
bones of th* inferior stock. They war* opaque, and
transmitted light no more than buffalo horn. Hs
then tested th* bones by weight, and found th*
thorough bred by far th* heavier, showing their su
perior substance and solidity. They wer* hard and
dense as ivory.
Extraordinary Preservation. —The Hardy
Whig gives an account of the recovery of a lost,
child which is really extraordinary. A little boy,
between four and five years old, a son of Mr. Wli
king, residing near Howard’s Lick, Va., In that
oounty, strayed from home on Friday, the 9th in
stant. Search was made for it immediately, and
for five days this search was continued over a rough
and mountainous oountry, withont any tidiags of
the missing one, although over a hundred persons
wer* engaged in seeking for it. Whether it had
been devoured by the wild beasts, of whleh there
are a number in th* mountains, or had been carried
off by some malicious person, seemed destined to
remain a mystery. Th* search was, however, stil]
continued, and on th* sixth day the little wanderer
was found on Cook’s Creek, about five miles away
from bis home. When found it was well aad hearty,
having subsisted on grapes and berries, and when
called by his father the little fellow ran off down tha
creek as fast as he could go. It seemed ha did not
wish to be caught, having apparently eqjoyed Us
six days’ ramble amazingly.
Movements op Briadstcyts.— The movements
es produce at the lake ports on Saturday were quite
extensive, as will be seen by th* figure* annexed ;
Receipt!.
Flour, bbls. Wheat, bush. Corn, bush.
Buffale 4,000 61,000 IT,OOO
Oswego none 4,000 *2,000
Chicago..... .2,000 113,000 8,008
Shipment).
Buffalo none 10,406 aen*
Oswego 2,300 15,000 9,000
i Chicago 1,100 82,000 18,000
A dispatch from Buffalo state* that en Saturday
evening a large fleet earn* in, and other vessel wer*
expected to-day, bringing say 900,000 bushel* of
wheat.
Gen.Wjc. T. Hassell.—lsformatien has been
received from the authorities of the Lexington
Asylum, by the friends of this gentlemen here, says
the Memphis Eagle tt Enquirer, that strong and
well-grounded ho pet are entertained of his speedy
restoration to reason. To his immediate family and
relatives in this city, this news will carry much joy,
while his numerous friends throughout the State
will receive the news with th* liveliest satisfaction.
Harper for November says that some passengers
from Chattanooga to Atlanta wer* considering what
House te stop at. “Let’s go to Lloyd's, h* Is s
Know Nothing.” “Oh,” said Judge Underwood,
“I shall stop at Thompson’s, he know MUe enough
for me.' 1
Eppect* op phe Pasib os Emisrasts.—Th*
prospect of hard time* for th* oondng winter has
largely increased the number es passengers going
to England. Every ship going frem New York t
Liverpool has, it Is stated, all th* pamengets she
enn carry, and multitudes qpply for opportunities to
work their way across the AUantie. It is supposed
that as soon a* the news of the financial revulsion
reaches the other side there will be a decided cheek
to emigration from the old world.
Tmb steamer Colombia, Cap! Bsnnr, has arrived
at Charleston, .making the passage from New-York
is forty-eight bourn, faem deck te desk, being th*
heUet Mm* eu record
A Day tn Memphis.
We copy from the Memphis Bulletin, of Thuts.
day, the 22d inst., the following items, Illustrative of
fife and morals in onr sister city. It is a sad picture
indeed, and while it forcibly admonishes us of the
trifling value placed on human fife ; it proclaims in
trumpet tone* how very common is the depraved
and cowardly practice of carrying concealed wea
pons :
Unfortunate Affray.—An affray transpired
yesterday forenoon, op Madison street, nearly in
front of the Union Bank, between Mr. D. Cockrell,
and Dr. J. J. Hooks, in which the latter was dan
gerously wounded by a pistol’ shot, and the first
named severely hurt by blows from a loaded walk
ing cane. We forbear to give particulars, further
than that the unfortunate result followed upon a
brief altercation, a blow by Dr. H. and the imme
diate firing by Mr. C. Dr. 11. isshot through the up
per portion of the left lung, the ball passing euteretv
through his person, and flattening against a brick
wall. His condition was considered critical last
night.
The occmreuce is muchregretted by the acquaint
ances and friends of both parties.
Wreki.ess Riding.— After the breaking up of
the meeting of the Fair yesterday, three young men
were unthougbtfol and careless enough to engage
in & race with their steeds around the track outside
the amphitheatre. The contest became exciting,
and one of the parties wishing to lake the “inside
track” and head those in advance of him, rushed
headlong Into the crowd of spectators, his horse
running over and kuooking down a Mr. McCall, who
was for the time rendered senseless by the shock.
McCall fell upon a little son of Mr. opoolit, of Madi
son street, and botk were thought to be dangerously
injured Proper restoratives being administered,
however, they soon recovered. The ‘ officers of the
Fair had the parties who were riding promptly ar
rested.
Man Killed at thi Fair Grounds.—A most
horrible affair ocourred at the Fair Ground, last
evening, a little before sundown, and after nearly
all tbe crowd had left. The difficnlty grew out of,
and is a bloody sequel to the accident alluded to
elsewhere. In oanvaasuig this affair, a quarrel en
sued between a young man by the name of Puckett
and another called Tom Lewis. The latter drew a
knife and was advancing upon Puckett, when he
was knocked down by someone in the crowd. Mr.
Butler, of the City Police, interfering, threats were
made against him by Lewis. He drew a pistol and
shot at the latter, missing his aim and lodging the
oontent* of tbe pistol in Puckett's breast He will
not reoover. Butler shot into the very midst of the
orowd.
We forbear further notioe of this unfortunate oc
currence, in consequence of the many conflicting
statements in regard to it, until a legal investigation
be had in the case of Butler, who is under arrest.—
Our reporter waa standing within ten feet of the
parties, and oould not for his fife tell how (lie matter
happened, so sudden and unexpected did it occur.—
I’uokett is from East Tennessee, and resides at
Green Bottom, in this oounty. Butler lives in the
city, and is a member of the police.
Horrisli Affrat.—Another Man Killed.—
Between 7 and 8 o'olook last night, a most sanguin
ary rencontre took place in the offloe cf the Com
mercial Hotel, resulting in the death of one of the
parti s engaged. Tbe name of the unfortunate in
dividual who lost his life was Keene, and is said to
be an itinerant gamester, having his home at pre
sent In Arkansas, somewhere oil White river. The
name of the man who killed him is Dr. Frank
Gibbes, formerly of Georgia, but more recently of
Aberdeen, Miss. It seems that there had been some
difference between Keene and Gibbes previous to
the time of their meeting in the office of the hotel,
for which, on meeting, Keene demanded an apology
whioh Gibbes made. Immediately upon the tender
of the apology by Gibbes, Keene ordered him per
emptorily to leave his presence. Gibbes remarked
that he had done as much as one gentleman could
demand of another, and that he would not leave the
room. Keene then swore he would make him leave,
and then advanced upon him, when he was told by
Gibbes to keep off or he would shoot him. Keeue
continued to advance, and Gibbes drew a pistol
and fired, but the ball did not take effect. Keene
also fired about the same time, or soon after, also,
without effect.
The parties then closed, and in the scuffle Keene
woe stabbed in three different plaoes, with a large
bowie knife in the hands of Bibbes. Two of the
wounds were in the back, each penetrating the
spinal marrow, and one literally splitting the back
bone in two. Gibbes retreated through the ticket
offloe attached to the hotel and made his escape,
and Keene walked out into the street, but on reach
ing the alley, fell. He was immediately taken up
by the bystanders and conveyed to the offloe of the
Illinois Central Railroad, two doors below the hotel,
but expired before he could begotten into the house.
Coroner Waldian was summoned, and held au in
quest on the dead body, the jury returning n verdict
in accordance with the abovo facts.
We learn that Keene had placed Ills wife aud
two children on board the steamer Evansville iuthe
evening, Intending to leave at 8 o'clock for his
borne. lie went up into the oity, ou some pretence
or other, when the unfortunate affair ocourred, in
which he lost his life.
Gibbes had not been arrested at a late hour last
night.
A Serious Affair i* CeLUMu.—Ou Monday
night lost about eight o’clock, says the Columbus
Sun of Wednesday, a serious difficulty occurred in
this city between Mr. James Garrard and Mr. Cice
ro Mcßride, in which the latter was very seriously
out about the face aud neck, with a knife in the
hands of Garrard. The particulars, as we under
•tand them, are substantially these : About eight
o'olook that evening Garrard went to Mcßride's
room, at Hull 3s Bussey's corner, where he was a
olerk, and called Idm, and told him lie intended to
kill him, and forthwith commenced cutting him,aud
doubtless would have killed him on the Bpot if be
had not been prevented. We do not know that
Mcßride is very dangerously, but he is very se
riously cut.
On yesterday our oity was the scene of conside
rable excitement, In consequence of the refusal of
Garrard to be arrested by the oivil authorities. He
took refuge iu his room, aud defied the officers,
threatening to shoot any person who entered his
room for the purpose of arresting him. and the per
suasion of his friends had no effect in altering this
determination. The officers not wishing to resort
to extreme measures if it could possibly be avoided,
after consultation, resolved to wait awhile until his
excitement cooled a little, to sec if lie would adopt
a more rational course, but up to a late hour yester
day evening he had not been arrested, and we learn
showed no disposition to relent.
Suspended Railroads. —Within the last thirty
days the following railroad companies are reported
as having either gone to protest on their floating
debt, suspended or made an assigtynent of their pro
perty :
Names. Total Liabilities.
New York and Erie $33,000,000
Illinois Central 24,000,000
Philadelphia and Readiug 20,000,000
Miohlgan Central 14,000,000
Miehigan Southern 18,000,000
Cleveland anil Toledo 7,500,000
Milwaukee and Mississippi 7,000,000
La Crosse and Milwaukee 14,000,000
Cleveland and Pittobnrg 0,000,000
Delaware. Lackawanna and Western.. 10,000,000
Chicago, 8t Paul and Fond du Lao 5,000,000
North Pennsylvania 6,000,000
Cumberland Coal Company 6,000,000
Hanti g and Broad Top 1,200,000
Steubenville and Indiana, estimated.... 5,000,000
Total $1R1,700,000
Tub Earthquake.-. The earthquake shock re
eently felt at St. Lonis seems to have extended over
most of Illinois, Indiana and Missouri. The local
papers of several towns chi onicle It. At Belleville
It shook down an old chimney and rattled the plas
tering from a oeiltng. At Springfield It shook the
window*, and people thought burglars were break
ing in. At Hlliaboro’ it rooked the beds like cra
dle*. At New Albany it set bosses vibrating from
North to South. At Greenville it shook some folks
ont of bed. At Hannibal it rambled like distant
thunder in a oavern. The earthquake did uol visit
the district of New Madrid.
Moist Mattrrs in Baltimorb.— The J mormon
of Saturday says: Tbs money market at the open
ing of tha week seemed easier, but It subsequently
tightened up again, and for tha last two or three
days the pressure has been as severe as at any time
since the commencement of the panic. The de
mand for money from parties here Is not execssi re,
but a large amount of Baltimore paper held by par
ties in New York aod Philadelphia has recently I
been put upon our market, generally without limits,
and this has occasioned th* increased stringency
here. The ruling rate* on the street for the last day
•r two for prime paper have been 2, and 2J *►
cent, per month, and even at these rates it Is diffi
cult to place it. Mousy can be had on call witli
State or City stock as <oliateral at 11 per oent. per
month. Exchange on New York is in active de
mand and the rates for it still range at from 6 to 8
per cent premium. We quote exchange on Phila
delphia at from 2to 4 per cent. prem. Gold Is sell,
ing freely at 7®B per oent prem.
The Commercial and Farmers’ Bank of Balti
more has declared a semi-annual dividend of five
per cent.
The Riohmond Custom Hons* Rosbert.—
Over $17,000 of the $20,688, of wbioh the Custom
House at Richmond was recently plundered has
been recovered. Ellas Wheeler aliao Pulling, who
was arrested at Washington on th* promise from
the officers that they would allow him to go unmo
lested with the balance if he would return $15,000 of
the stolen money, went on to Richmond with con
stables Allen and Boes, of Washington, and pointed
out to them tha spot where the gold was buried.—
They took $16,000 and allowed him to go a short
distance with tha balance and theD re-arrested him.
His accomplice, Somerville, who had remained at
Richmond, upon being informed of thaee facts con
fessed his share in the transaction. He declare*
that Pulling had induced him to oome on with him
from New Orleans, and that this was his first of
fense. He states that had he remained in New #r
leans he was to have had an appointment on the
police. Both Pulling and Somerville have been
committed for trial.
A Massacre at Formosa. —The Navy Depart
ment is in receipt of despatches from Commodore
Armstrong, in command of hi* flag ship, the flan
Jacinto, dated Shanghai, China, July 29, 1852-
Commodore A. encloses a statement from an Eng
lish merchant, who having lost a brother by ship
wreck on the Island of Formosa, with two American
companions, had caused a search to bemad* for
them. From the aeeount which the natives employ
ed gsv* of th* result of their investigation, it ap.
pears that each men were in the hands of aboriginiee
of the island as late as four year* ago, three or sou,
yean after their shipwreck. They allege that one
hundred and thirty whites were wrecked on the
island coast in 1840, and wer* all massacred. In
December 1842, another, vessel, with eighteen
foreigners on her. was wrecked there. All of them
but two who wer# drowned, wer# ransomed and
sent to Canton by a Chinese merchant.
Rsnoerro* op Railroad Expanses.— The Phil
adelphia “Prees” eays— We learn from a reliable
source that the directon of the Pennsylvania Rail
road Company have paseed resolution# reducing ( with
their entire approval) the salariee of ail their offioere
aad employee# to a considerable extent, and im
pending afi work not imperatively demanded hy
the interests of th# company. Th# laving tha*
sfloebed wtil amount to quit* a large mm.
RArtRSAB Damasss —The widow of Mr. Seeord,
who was one of the killed at tha terrible railroad
accident at tha Desiardinee Bridge, Canada West,
last spring, has recovered damages to the amount
of $12,000 against the Great Western Railroad
Company— $5,400 to the widow, and $3,200 each to
three children.
Joseph Gap awl has been appointed Uni tad States
Attorney lot •**■** vise •eraea, resigned.
Bonks es the Untied Slates.
The following summary statement of the condi
tion of the banks in the United States in the years
18.16- 37 and 1856-’37—the two great financial
junctures in the history of the country will ba
lows ‘ Ut6reat ’ ‘^' ie Rfffffegates compare as fol
®PE®le- Circulation. Capital.
ipcp 5- 040.0tu,000 *140:100 000 §251,375 000
18j5 ~ 57 63,206,000 176,750 000 373,960,000
Tncr'se id 1856-7.*2:1,186,000 *36,450,000 §122,085 000
Increase percent.sß -j,; ’ 4s’
Summary Statement of the Condition of all the
Banks in. the Uni'ed States.
States. Specie. Circulation. Capital
*. rilao - -- *1,025.003 *5,600,000 *8,000,000
New Hampshire).. 130,000 3,000,000 4,730 000
Vermont 200,103 3,700,000 4,000 000
Massachusetts.... 4.518,000 25,030,000 69,(60 000
Rhode Island 377,000 5,320.060 19,500 000
Connect-cut 800,000 6.840,001 18.300100
New York 15,600,003 *4,00- 010 101,000 000
New Jersey 750.000 I 800,000 0 000 000
Pennsylvania... .. 6,000,000 15,400,(00 *i,7oo’ooo
MaiylMd 3,300,000 s, 100 000 11100 IKK)
I3ist. of Columbia. 300,000 ] 3110
Virginia 4,000000 12 000 000 l-ioOOOOO
North Carolina ... 2,onifooo m,, fijiY) n
grathCarollua “ 1,00 6.w'Wuo bV>oojn
Florida I’‘,oo’ 1 ’‘ ,00 '° 00 *,000,000 10,200.000
uiuMan, -WWM ‘250,006 IIOOJXU
Louisiana 1,000.000 7 annum ie
Mississippi 50,000 JOOpisi
Kentucky 6 ’ “ I'!?!!’!* 10 *.O(H,VIOO 10,300,000
n“nou lED'ioco
, , 530,000 2,300,000 4,420,000
0hi0...... ...... 2. (XX),000 lc •no 000 * non
wu'f*. 11 ;V S°,° 9 i'oooyoo B,SOOJJUO
Wisconsin 530,00 j 1,150 010 *,000,000
Aggregate §63 SO6,°CO §176,750,000 *373,960,000
•Doha not inuluue the new bank!
The above returns were made iu rr near Janua
ry last.
Summary Statement of t! it Condi/,on of all the
Banks tn the Unit and Sta i 1835-6,
the Suspension of Spet.t Payments. J
States. Specie. Circulation. Capita!
Maine *176,939 *1,788 010 8 ;i, oml
New Hampahira. . 150,100 l’ir.'O SL-J
Vermont 76.602 f’tr'., -N) J j-'i'd
Massachusetts.... 1,136,441 *'430X77 Xn'oinnm
Rhode 1 land 565,416 1,044’2-y 5'750531
Conuect'ciit * 8519%*
New York 6,224,848 91.]27jw7 31218461
Pennsylvania 3,876,863 10.W2.023 ly’c -8 482
New Jersey 33 ,132 1,756.8 :9 3’970 090
De'aware 161.860 806,665 817 777
Maryland 1,30,863 *,21)0, 63 $ 803675
Dist ofColumb.a. 643,532 561,758 2.T:i7-U
Virginia 1,552,528 6.163763 6 51UI00
North Carolina... 314,8'JH 2,050,518 1 i7t . -J;i 1
South Carolina... 2,500,487 7,438717 7U36 3IS
Georgia 2,602,595 7,971,587 8 209 976
Florida 39,037 711,589 3^4Hl’3Bi
Alabama 1,502,4’U 6,472 107 6563 969
Louisiana 9 007 87 7,1:10,513 3tois-.,-,
Mississippi 659.470 4,490 521 8 764 550
Tennessee 211,970 4.205,506 4 54ti'sS
Kentucky J.i 99,354 3,819,460 i’, 118400
Missouri 371.598 8,000,003 lXoojkK)
Illinois 6,9 670 653 661 478 (20
Indiana 869,839 1,981,660
Ohio ’ *,924,9116 5‘,975,644 g ‘49 714
Michigan 172,071 1,164.498 80*779
Total *33.169.005 *126 856 474 *2lB fi'A” 1’
Bank U. 8 7,650 583 15,441564 : S.UOOJHM
Aggregate *40,020.000 *140,300,000 8A1,871,090
New Hooks.
Nothing to Eat— Illustated. New Toik.Dick
& Fitzgerald.
Thi Reason YYht.—A collection of reasons for ma
ny hundreds of things, which, though generally
believed, are imperfectly understood. A book of
condensed scientific knowledge for the million
By the author of ‘inquire Within.” New Y ork ,
Dick dz. Fitzgerald.
Tnoius Richards At Sun, have jjat reoeived a
supply ot the above works, whloh w* have pre
viously noticed.
Official t ite for Governor or Trnkfsske.—
The official vote for Govern r was dco’ared in Con
vention of the two He usee to ho for I. G. Harris 71,-
178 ;|for Robert Hatton W.RO7. Majority for Har
ris 11,370.
Returning Goons to Europe.—*To *uch an e\
tent has the preseut crisis alVected importations that,
some of the New York importers, it is utate l have
commenced to send back goods to Europe, rather
than pr y the duty on them or incur the risk of not
being able to pell them.
Fiifafcis of Missouri—lt appears by statist'e*
published iu the St. Louis Republican that the
whole amount of State bonds isam and to this date for
Railroad purposes ia $15,730,000. Tbe State rev*n
ue for the year ending the Ist Instant, amount I *
$605,252.73, in addition to special fund* amounting
to 1146,852.01 —total $752,115.21—which will leave
about $452,115 to be applied to tlio \ -nvmeut of iu
terest on Stato bonds.
Chinese Sufar Caiii Amur.—The Nashville
Register says: We noticed on Saturday evening
last the delivery to Messrs. Kirkpatrick, Nevina A
Cos., a consignment of eighteen barreia ot Molasses,
manufactured from the Chinee-3 Sugar Cane by a
gentleman In Georgia.
Mississippi. —The election in thin *1 ate lias re
suited in the success of the entire Deice, oratio del*, j
gaticu to Congress. The following gentlemen wt.ro I
elected-?—lst district, L. Q. C. Lamar ;2d didricJ, I
Reuben Davis ;3d district, Win. llarkedale 4th|
district, O. K. Singleton ; fcth district, J. A. Quit-I
man.
The treaty recently oonoluded by CoimnissioucH
Denver with the Pawnee Indians, secures to
United States ten or twelve millions of a<*r< ‘
laud. These Indiuns not. only pledge themselves mTi
remain at peace with the United States, but thflN
they will use their influence with the neighboi
tribes to the same end.
The Secretary of the Navy will now, ii is said. pi H
coed to order the const motion of four w nr
upon plans approved by Chief Engineer
They wiH probably be construct*<l at
Philadelphia and New-York.
A Berlin letter states that it is understood tliw
the marriage of Prince Frederick YVilHpui with the
Ilritish Princess Royal will be celebrated on tho
18th of January next, at Buckingham Palace, and
the Royal couple will reach the Prusaiu afiontieron
the 2d of February.
There was a pretty fa : r attendance at the Thea
tre last night, and the romaulio Scotch drama of
“Rob Roy,’’ appeared to bo received with much
favor. To-night that favorite old comedy, “The
Serious Family,” will be presented.
Harper’s Magazine for November lias been re
oeived and laid ou our table by Mr. Oates. Jf i.<
an excellent number, and concludes the fifteenth
volume. The “Drawer will be found full of the
richest and raciest anecdotes of tlie day.
Also, Harper’s Story Book for November.
The United States Northwestern Boundary Com
mission was, at the last dales, on the shore of Sarnia,
Almon Bay, east of Point Roberts, near the 491 h
parallel, hoping soon to rtar? into the Interior. The
English Commission was waiting Ihe arrival of ifti
surveying party, when It also would start.
RieHTS OF C3LORED PERSONS If# TfISATRES.—
Two colored men, who attempted to enter the How
ard Athenssnm, at Boston, last winter, upon the
same footing as white folks, wore refused admit
tance ; whereupon they brought a suit against the
proprietors, whioh has been recently decided against
them. Judge Abbot, before whom the case waa
tried, declaring that the managers *>f a place of pub
lio amusement have the right to designate to what!
part of the house colored persons may be admitted
Col. Sumner. —The National Intelligencer states
that the difficulty wbioh led to the prefering of
charges against Col. Sumner, of the Ist rogimeLt of
U. S. cavalry, grew out of t ceremonial misunder
standing, and did not originate In Imputation of
moral delinquency.
Letter prom Hon. 11. M. T. Huntbr. —The
Charlottesville Jeffersonian, oontains a letter from
Hon. 14 M. T Hunter, dated October 16th, in reply
to interrogatories propounded by lion. Shelton V.
Leake, asking his views In regard to the adinmis
tration. Mr. Hunter endorses the administration
of Mr. Buchanan in the main, but ditapproves ll>
conduct of Gov. Walker In Kansas.
In the recent Ohio election, the Americans ol the
Fillmore stripe generally voted for the Democratic
ticket. Van Trump, the American candidate fur
Governor, electioneered for I’ayue, the Democratic
candidate. The Toledo Times, American, inti
mates that the Americans nf Lucas county voted
for Payne, and the Louisville Journal says that it
was the determination of a large portion ot th
American party of Ohio to defeat Chase if possible
Conoresimen Electid. —At tho State elec
tions held in Pennsylvania an l Indiana last week,
three members of Congress were elected to fill va
cancies caused hy death, as follows: In the twelfth
district, Pennsylvania, Paul Leidy, democrat; in
the second district, Indiana, John E. Niblaok, dem
ocrat ; in the tenth dird riot, Indiana, Charles Cae*. ,
Black Republican. No political change.
Good ou ror Evtr..—The panic has had one good
result, at ail events. The Convention which was to
meet at. Cleveland, on the 26th, for tho purpose 1 f
dissolving the Union, has been postponed on ac
count of the finaucial difficulties of the oountry.
Whether they feared they would be unable to ra se
the money to carry out their toheme of dissolution,
or pay their railroad fare, we are not informed.
The Philadelphia Pennsylvanian says of the per
sons thrown out of employment by the times * “Ol I
our numerous factories, few, if any, have at presenl
their full complement of hands. Indeed, all have
. restricted, most of them entirely suspended opera
tions. YF# have little doubt but that in Philadel
phia and her vioinity, betwe u 30,000 and 10,000
operatives, counting males, females, adults and
minors, are subjected to com pul wry idjeuees and its
ooncomitarit evils.”
Harper’s Puelisattom.— Messrs. Harper A
Brother* announoe that recent events will not inter
sere with tho regular publication of Harper a W eek
ly and Harper’s New Monthly Magazine, which
were never so prosperous as they now are. Thack -
eray s new story, “The Virginians, ‘ will be oom
menoedintheDecembe. number of the Magasme.
A Passesoer Scalped.— On Tuesday night a col
lislon ocourred on the Camden and Amboy Rail
road, about fifteen miles from'Philadelphia. A pus
senger train for Philadelphia was backing down,
when a freight train ran into it from behind, smash
ing the oars somewhat, and delaying the paetenger
train three hours. An old gentleman, one of the
passengers, was soalped by a splinter. The railroad
employee did not koovr his iiams.
ANew Cereal. —The flan Joaquin Republican
describes anew oereal grown lu that country. It
appear* to be the fruit of rank grass, stronger and ,
larger than wheat,’but lighter and more fragile tba:
Indian corn. The ear or oluster of grains formed oiftl
the summit of the stalk, was about three inches and
a half in length ; about four Inches in oircumferenoe,
and of an irregular, oblong shape. The grains—of
which there were several hundred in a cluster—re- i
sembled in size and form the grain of the common
broom corn, were compactly set, without an outer
or general oovering, each grain having a delicate
huSk covering about half its bulk. The grain was
harder than wheat, rather brittle, and, when broken
gave a taste undistinguishable from that of Indian
corn. From a cursory examination of this isolated
specimen, the editor is of opinion that it may be
come a prolific and valuable article of agrictlture
The “head.” or clujter, will yield about as muoh in
he3* #f°whM,t m¥ “ BSt **“ * ***** erdintry