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Another Bank Defaulter. NEW YORK, Sept. I -An officer of the Mechan. ies' Banking Association was arrested this morning, charged with being a defaulter to the amount of $70,000. The bank has closed its doors in consequence, and there is almost a panic on the street.
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Bank Failures and Defalcations. New YORK, Sept. 1.-The Mechanics' Banking Association closed their doors this morning, in consequence of the defalcation of one of the officers to the amount of $70,000. There is almost a panic in the street. NEW YORK, Sept. 1.-Beebe & Co., extensive bankers, have suspended. The excitement in Wall street is greater than ever. UTICA, (N. Y.,) Aug. 31.-The loss of the Ontario Bank by the defalcation of officers is ascertained to amount to two hundred thousand dollars.
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LATEST NEWS. Failures in New York. New York, Sept. 1. To-day is the most exciting one Wall street has seen yet. -The Mechanics Banking Association has closed its doors in consequence of the defalcation of one of its officers to the amount of $70,000. Beebe & Co., extensive hat manu* facturers, failed, and Adams & Back ingham, bankers and dealers in flour, are reported failed. The Erie Railroad Company is pay' ing its interest to-day. Money is very stringent. There are heavy runs on several Banks.
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A SECOND MONEY PANIC. According to the newspapers, New York has been visited by a second money panic, but not quite so severe or mischievous as one would infer from the exaggerated rumors which have reached the public through the irresponsible medium of the telegraph. The second crash is thus noticed in the money article of last Tuesday's issue of the New York Journal of Commerce The Mechanics' Banking Association of this city, an institution with a reputed capital of $632,000, whose customers were chiefly among mechanics, builders, and small traders, several days ago found themselves expanded beyond prudent limits, and were obliged to call upon the larger city banks to rediscount a portion of their bills receivable. On Saturday they were again short, and, as noticed by us this morning, the banks again responded to their call. This brought the institution under the notice of the clearing house committee, who last night met at the bank to make an examination of its affairs. The examination was less satisfactory than hoped for, and a deficiency of $78,000 was discovered in the cash. This deficiency was traced, it is said, to the paying teller, and a warrant was obtained for his arrest. The committee at once suspended the institution from the privilege of exchanging at the Clearing House, and notified all the banks to that effect. In consequence of this the bank stopped payment this morning. The circulation (about $200,000) is abundantly secured by New York State stocks, and the notes will be received by the city banks as usual. The deposites will probably be paid in full, as it can hardly be that the capital is entirely consumed, although the bills receivable will be less available than those held by most of the other banks, as many of the customers are needy borrowers who will find it difficult to obtain accommodations elsewhere until the market becomes much easier. In addition to the deficiency in the accounts of the teller, as stated above, we understand that a loan of $50,000, made by the cashier, is among the suspended debts. The deficiency is therefore $125,000. The téller holds securities, we understand, for the $78,000, which, it is reported, he has merely loaned on his own account, but these are not immediately available. The action of the Clearing House at such a time as this is productive of much confidence, as every bank is there scrutinized, and, if it falters, its affairs are subjected to a rigorous examination. This rule was relaxed slightly in the case when this institution above named was first assisted, but will now be faithfully adopted. " Upon the heel of the above announcement came the report of the suspension of Messrs. Becbe & Co., bankers and bullion dealers. This house has always ranked high in credit and respectability, but was involved in a large loan to the Ohio Life and Trust, and found it utterly impossible to obtain any money upon a most abundant supply of securities. We also learn that Messrs. Adams & Breckingham, a very respectable firm doing a western banking business, and a produce and grain commission business, have been obliged to suspend. The arrival of the Illinois will now be looked for with some anxiety, as her treasure will be very welcome."
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THE FINANCIAL PANIC IN NEW YORK-The New York Journal of Commerce of Wednesday afternoon has the following: There is less excitement in Wall street to-day, and much less pressure than was experienced yesterday, although money is still scarce, and accommodations of any kind are obtained with great difficulty. There is very little doing at the note brokers, and street rates for prime business paper are very irregular. The best signatures are not available at any better rate than two per cent. a month, and none but selections will sell at all. The foreign exchange market closed without further change in rates; bills on London at 60 days 1081,a109. Paris 5.233/a5.183/ The Stock market shows a decided improvement for nearly all descriptions, although there is, of course, some irregularity in the selling rates. The brokers are making large sums of money out of uncurrent money, which is, of course, brought in more freely, and sold at higher rates of discount. The American Exchange and Metropolitan Banks receive all deposits of uncurrent bills as usual, crediting them"the next day after deposit. They have been heretofore in the habit of receiving these deposits from brokers, and where the accommodation was desired, deducting the day's interest, and allowing immediate draft against them. This they have now discontinued, both because the accommodation absorbed more of their funds than they cared to divert from their regular business, and because it seemed to increase the street facilities for pressing the holders of small notes to sell them at a large discount, instead of realising upon them in the ordinary way. Mr. Van Barclom, the alleged defaulting teller of the Mechanics' Banking Association, has been dir. charged from custody. The bank is now redeeming its notes.
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More Trouble in Wall Street. [From the N. Y. Express, of Wednesday.] Renewal of the Panic-Heary Defalcation and Seceral Failures-The Mechanics' Bank Association Closed its Doors-Arrest and Discharge of Teller Van Blareom-Great Ezcitement. Wall street has been in a state of more excitement to-day than for any period during the summer. A panic has taken possession of the timid, and the feeling. passes from one to the other with all the force which such a state of things is naturally calculated to awaken. The immediate cause in the suspension of the Mechanic's Bank Association, one of the officers of which has been found faithless in the discharge of his duties. The liabilities are not known to a certainty, and until they are known the Directors decline to meet the obligations of the Bank. With the previous feeling in the street in regard to some of the country banks, such an act as this was calculated to produce the natural effect we have seen. The suspension of Beebe & Co., owing to their large loans on stocks, is another cause of the panic. An attempt to increase the panic by the Report that the Erie railroad would not pay the dividend on their September Bonds was answered by the positive payment of them at noon,"at the Manhattan Bank. Those who for purposes of evil and to increase the excitement had calculated a contrary report because they wished it to be true, of course were disappointed, and such will now set their faces in some new direc tion, to propagate mischief. Though confidence is a plant of slow growth, it is most rapid of all growths in its decline. On accasions like these, when tens of millions of dollars are in danger of being sacrificed almost daily from a mere panic, it is time for solid, intelligent business men to arrest the evils of the loss by breasting the storm. The danger is one of fear rather than any real evil. There is as much real value and as much money in the city to-day as there was half a year since, and yet millions of dollars have been swept by the board in the space of a few weeks. Only a restoration of confidence can check the calamity, and sensible business men should unite to accomplish this. One effect of the present excitement has been to bring thousand of absentees to the city. We observed many of our leading business men on Wall street to day, and among those who have been at their country homes and the watering places for the summer. At one time, two or three hundred people were congregated opposite to the Mechanics' Banking Association building, attracted by curiosity, but there seemed to be no excitement beyond this, and more of good nature and philosophy than one would naturally expect. If the Banks, Bankers and citizens will but do their duty one toward another, by allowing a manly confidence and caution to go hand in hand all will soon be well. ONE O'CLock.-A better state of feeling exists. The Bank of America, Phoenix, Manhattan, Union, North America, New York, and the Banks generally are redeeming the notes of the Mechanics' Banking Association. This is a step in the right direction. The notes are equal to gold, based as they are on the large premium which exists for State Stocks as security, and any sacrifice of such property is cruelty to the holder. THREE O'CLOCK P. M.-There is a meeting of the Bank Presidents as we go to press, to counsel together as to the best means of strengthening their own position and giving relief to the community. It is stated that the City Banks stood ready yesterday to loan the Mechanics' Banking Association any reasonable amonnt of re lief, if the condition of the Bank warranted it. A committee, appointed last evening to examine the condition of the Bank, made a report unfavorable to further aid, considerable relief having been already granted. The redemption of the bills, however, was this morning agreed upon. The Banks have received large Deposites during the day and paid out very large amounts in bills, and not much more than usual in coin. We observed at three o'clock in the leading Banks very large numbers both of depositers and of persons receiving money. For twenty yoars there has hardly been a busier or more exciting day in Wall street.
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BY TELEGRAPH. NEW YORK, August 2.-The steamer Vanderbilt has arrived, with Liverpool dates of the 22nd. She brings 850 passengers and $10,000 in specie. General Bernard and Sir Henry Lawrence are dead. Caunpore has been recaptured after & great massacre of Europeans there. The Rebels were defeated in three engagements. The Gwalior contingent had mutinied. The transit steamboat was lost in the straits of Sunda. The troops were saved. There has been a sanguinary attack at Tunis on the Jews. The English representatives demand the evacuation of Herat by Persia forthwith. Circassia-Schamyl has defeated the Russians. The directors of the Submarine Telegraph had not decided as to future operations. They are sanguine, however, of the feasibility of the plan. The Sultan announced that he had suspended diplomatic relations with the other powers, and would not resume till the construction of a new ministry. Cotton-Sales of the week 77,000 bales. Sales on the day of sailing of the steamer 10,000 bales. Orleans fair 9 pence; middling 89-16. Stock of American 857,000 bales. Tres ordinarie at Havre 119 francs. The weather is favorable for crops. Flour six pence lower; wheat 2 to 3 pence lower; corn declined 6 pence; western canal flour 30a31s; southern 81s a 31s 6d; Obio 31s a 82s 6d; yellow corn 36s 6d; provisions dull; lard declined: beef heavy, declined 6s; sugar heavy, one penny lower; coffee, tea and osin firm. LONDON-Consols 904a90f. HAVRE, Aug. 21.-Cotton advanced two francs, quoted at 120 francs. NEW YORK, Sept. 2.-Cotton dull; wheat and flour heavy; corn, yellow 85, white 99; lard 154. LOUISVILLE, Sept. . - Agricultural SocietyThird Day.-There were 32 rings of cattle and horses exhibited. The latter were very superior, particularly the stallions. The fruit and machinery departments were considerably augmented to-day. The weather is fine and the show splendid. Breckinridge will be here Friday. NEW YORK, Sept. 2.-The Adriatic is further detained. The Atlantic has gone in her place. An injunction against the Mechanics' Banking Association has been applied for. The bills are redeemed at par. CINCINNATI, Sept. 2-Flour $5,00a$5,10; whiskey 22; oats 40; bacon 12a14; linseed oil under the new rule 66. Hatch & Langdon, deposite and discount bankers, have suspended. No more failures. The excitement has mostly subsided. WASHINGTON, Sept. 2.-There are 19,500,000 dollars in the Treasury subject to draft-also9,300,000 at New York, 2.600,000 at Philadelphia, and over a million at New Orleans. Assistant Postmaster Dundas proceeds to New York shortly to arrange the overland mail to California. The Naval Courts of inquiry will resume their sessions next Monday. The Secretary of the Treasury, on appeal, has affirmed the duty of 15 per cent. on pot ash, 19 per cent. on refined borax, 24 per cent. on filberts, and 24 per cent. on sumac. PORTLAND, Me., Sept. 2.-The newspapers announce the resignation of Judge Curtis from the Supreme Court, to take effect on the first of October. MONTPELIER, Vt., Sept. 2-Fifty towns give for Governor, Republicans 8,000, Democrats 4,000. NEW ORLEANS, Sept. 2.-Corron.-Sales 41 bales, receipts 41 bales. Corn 80; mess pork held at $26,50; lard in tierces 17; rest unchanged.
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2,999.993 3,027,957 Total Dec, 27,964 It will be seen that the last week's tunnage from the Lebigh region is 1818 tuns less than in corresponding week last year. For the season, the tunnage from the region is 85,916 tuns ahead of last year to same time. In the Lehigh trade, the canal shows a decline of 181,235 tuns, and the Road & gain of 217,152 tuns. The trade of the Schuylkill region, by last reports, show a falling off en corresponding week's business last year of For the season, from the same region, there is & falling off of 63,881 tuns. The Schuylkill canal has increased its season's work 94,229 turs, but the Reading Railroad has fallen off 153,110 tuns. On the whole business from the two regions, there has been 8 loss of 829,964 tuns, as compared with the tunnage to same dates last year. The Reading Railroad, it will be seen, is largely behind, notwithstanding the last open winter enabled them to begin the spring business largely ahead. The Lehigh Navigation is also a good deal behind, and neither it nor the road is likely to increase much, if any, to the end of the season. The trade is dull, without any improvement in prices. From The Cincinnati Gazette, Sept. 3. The report of the suspension of Beebe & Co. of New-York, which was received here on Tuesday, prepared those who keep the run of bank matters for the suspension of the Central Bank, which took place this morning. Five or SIX of our bankers kept accounts with Beebe & Co.; but all except the Central had either withdrawn their business altogether, or reduced them very low. Consequent the Central Bank is the only house here that suffers. Their balance, we understand, is from $100,000 to $110,000. Beebe & Co. had the entire confidence of Messrs. Hatch & Langdon, the proprietors of the Central Bank, and they felt safe in permitting the deposits to remain in their hands. The house was known to be wealthy and very prudent, and it was generally regarded as one of the most substantial and reliable concerns in New-York. The failure, therefore, caused great surprise. It now appears that the calamity which befel Beebe & Co. was brought about by the failure of the Mechanics Banking Association, and this was caused by the defalcation of one of the officers, who is said to have embezzled sums to the amount of $70,000. Mr. Beebe was a leading manager of the bank, and had a large amount of means invested in it. It is probable, therefore, that the failure of Beebe & Co. was not from any cause connected properly with the business of their own house. The suspension of Messrs. Hatch & Langdon, under these circumstances especially, is very much to be regretted. They are men of sterling integrity, prudence and industry, and having established for themelves an enviable credit, it is mortifying to themselves and friends to be thus, by the misfortane of another, forced into a suspension. We are reliably informed that independent of funds in the hands of Beebe & Co., the firm has abundant means to discharge its liabilities in full; and we also learn that & telegraphic dispatch was received to-day from the New-York house, offering to place in the hands of Hatch & Langdon, Little Miami 1st Mortgage Bonds of 50 cents on the dollar as security. This offer has been accepted, and Mr. Hatch is on his way to NewYork to consummate the arrangement. This will probably enable the Central Bank to resume business at an early day. County funds were deposited in the Central Bank to the amount of $100,000. It also has & number of heavy depositors among the up-town" merchants, and its creditors who have small amounts on deposit are quite numerous. The latter are chiefly Germans. From The N. O. Bulletin, Aug. 28. Should the failures in New-York continue, they may possibly produce a slight stringency in our money market, but beyond this their effect can scarcely go, owing to the causes to which we havy just referred. The business season with us, which promises, owing to the unusual healthiness of the city and the surrounding country, to begin a month or six weeks earlier than usual, bids fair to be one of great prosperty. It will probably eclipse any that we have ever had. Ameng other extracrdinary causes of activity, we shall begin to witness the effects of the Tehuantepee transit reute to California. The stage reute, it is underetood, will be open in October, when presengere and the Government usile will take that course w and
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LA W INTELLIGENCE. UPREME DOURT-SPECIAL TERM-Sept. 5.-Before Jodge PEABODY. THE MECHANICS' BANKING ASSOCIATION. thes. A Repallo agt. the Mechanies' Banking Association. The matter of Receivership of the assets of the Meetanics' Banking Association came up again to-day. Several of the points urged yesterday were pressed upon the Court, at length. Objection was taken to the appointment of two instead one Receiver: it was said that in no case in this State had more than one been appointed. Mr. Wheeler, who appeared for & depositor, suggested that the Receiver should be familiar with the banking business, & person who had been & Cashier or President of some Bank. Had 8 Bank President been Receiver of the Knickerbocker Bank, $20,000 or $30,000 would have been saved to those interested. Several names possessing this requisite were suggested. Mr. Blunt then read the order proposed by the plainfifi. Some trivial amendments having been made, the order was left with the Judge, who, at & later hour in the day entered an order appointing Andrew Corrigon, eg, bie filing security to the people of this State, in the sum of $100 000. DECISIONS. Wm. C. Young agt. Alexander Miller.-The motion set aside the judgment as to defendant moving must be granted without costs. Joseph Fells agt. Felicita Vestvali et al.-Motion to vasate attachment denied, with $10 costs. Jas. L'Dannot agt. Robert B. Russell et al.-The junetion in this case must be dissolved, with $10 coste. Mary Osborn agt. Jas. M. Osborn.-Judgment of divorce granted.
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# THE PANIC in Wall street, the Herald says has completely subsided. There was no evidence, whatever, on Thursday of excitement. No new failures occurred, and things began to assume their accustomed aspect. No better evidence of the confidence shared by the masses of the people could be found than the fact that the deposits in the savings banks increased. The defaulting teller of the Mechanic's Banking Association, Mr. Van Blarcom, who embezzled $70,000 of the funds, has been discharged, no charge being brought against him except that of breach of trust, which is not an indictable offence. He has shown that the money was loaned to customers of the bank, whose notes he holds as security, and that none of it was applied to his own use. In the Supreme Court an injunction was issued against the bank. The affairs of the concern will be wound up as soon as receivers are appointed. It is reported that the bank is abundantly able to meet all its liabilities, and will pay claimants as soon as possible. In the long list of failures that have occurrred during the panic, we see but few reported in the West, and none in the State of Indiana.
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The failures in the corn trade to-day produced 8 feeling of panic which, in connection with large receipts, produced a decline of 10 to 20c. in Flour, and 5 to 8: Y bush. in wheat. Corn also declined, but afterward recovered. In Cotton, Pork, Sugar, &e., there is nothing of importance doing. In Uneverent Money the rates continue high. State is bought by the brokers at 1@1 P cent, Eastern at @1 P cent, Ohio at 2 P cent, Illinois, &c, at 10 P cent. The searcity of Exchange at the West causes the high rates in that description of money. A demand was to be made to-day upon the Mechanics' Banking Association for the redemption of its notes which have been received by the City banks. If not paid, they would be protested, and the stocks in the Bank Department sold for their redemption. The owner of the Chemung County Bank, the notes of which have been recently thrown out here, is preparing to wind it up. Its Securities in the Banking Department are: $8,279 Mortgages 50,000 New.Yerk 6 $ cent Stocks $58,279 Total Its circulation on the 6th of June last, was $58,167. The Agricultural Bank, located at Brownsville, Tennessee, bas failed. The Supreme Court at Newport last Friday made the injunction against the Tiverton Bank permanent and appointed William H. Dart receiver. The president of the bank had returned from New-York with & part of the assets, which had been carried a way by the cashier, it was said, to raise money upon. These as. sets were found in the hands of a broker, who held them as collateral. He surrendered about $80,000. The cash assets and liabilities of the New Orleans banks on the 29th inst. were as follows: Special Cicerlation Deposits
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A sale of 658 shares of Ohio Trust Stock is to be made at auction to morrow (Tuesday). We hear of six or eight failures to day, two in the corn trade, three in dry goods, &c. None of them, excepting one, were of special importance, and we refrain from giving names, as they will all appear as usual in the list published on Friday. We hear of no Gold engaged for the Boston steamer. Exchange is too low for specie shipments. The Quaker City, for Havana, took $164,000 in doubloons, recently received from Europe. We hear of some Gold ordered to the West by banks, while considerable quantities are daily coming in from that quarter The receipt of Gold was not large to-day, but some large parcels are coming to-morrow. At New-Orleans, Exchange on New York is 1 ⅟₂ cent, which indicates that gold may come this way from that quarter. In Money the change from Saturday is not marked. Perhaps there is a little more ease in the street among call borrowers, but in commercial circles the stringency is severe. Paper is in a little better demand, but rates continue high—15@18 ⅟₂ cent, and in some cases still higher, for first-class. The West is drawing freely on the East, the want being extreme there, and overdrawing whenever permitted. Andrew Carrigan, esq., has been appointed Receiver of the Mechanics' Banking Association. The executive officers of the Baltimore and Ohio, Pennsylvania Central and Erie and New-York Central are in convention to-day. Their object is to reduce speed and generally to secure harmony in action. The Toledo, Wabash and Western Railroad makes a most favorable report for August, showing the largest receipts of any month since it has been operation. The figures are as follows:
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OUR NEW YORK CORRESPONDENCE NEW YORK, Sept. 5, 1857. The rage for injunctions seems to be over in the city of New York, and the time of peace is near. The panic that struck us like a white squall, and gave us no notice, but came quite near throwing us on our commercial beamends, has passed away, and a little blue sky appears, which indicates the dawn of better days. Our banks and our men have stood the panic with great firmness, and we have now more confidence in these institutions than before the crash. The Mechanics' Banking Association, in its failure, has done much harm to the builders and master mechanics of our city. It was their institution. It is well known that the master builders of New York have an exchange of their own. It is located in Pine street and, though not as prominent and rising as the famed "Merchants' Exchange," it has a great power over the substantial prospority of New York. Here, at 1 o'clock, may be found all the leading mechanics and builders of our city of repute, genius, and wealthmen whose power gives our city her good fame. To these men belongs the banking house called the Mechanics' Banking Association, the failure of which was caused by the embezzlement of $80,000 by the chief teller ; and in the vaults of this institution are locked up the funds of these builders and, though no one feels that in the end the funds will be lost, yet in these tight times it is quite hard to be the owner of ten or twenty thousand dollars, and have the same locked up in the vaultsof a bankrupt institution with the barest possibility in the world that the same will ever come out. The noble, patriotic, and unanswerable letter of Presi dent Buchanan to the fanatics of Connecticut has been halled with gratification and delight by the people of this region-not simply by democrats, but by conservative men of all parties. And the only answer that even the black-republican prints can give is, that the President should not have condescended to reply to a letter sent him from such men. The adroit allusion to the Hartford Convention, and the tone and conduct of Mr. Madison, and the recollection awakened that now, as of old, Connecticut was a chosen place for the concertors of treason and for resistance to law that then, as now, the yeomanry of the State vindicated their OWN loyalty to law by branding such fanaties and traitors with infamy that no man can be found who will own a relationship to any one who composed that band of political maligners and the recent history of the Kansas matters-the determination that the President will give fanatics full swing till they by some act place themselves against the general government-with the hint that the entire force of the nation will be employed, if need be, to support the laws of the Union-all this makes the letter one of the great issues of the day, tells its own story, and indicates that we have a live President who can quell the "plug-uglies" at the door of the Presidential Mansion and afar off in Kansas. The case of Mrs. Cunningham is again before the courts. She has been in court each day since Monday of this week, on # writ of habeas corpus, to see why she should not have ball. She has been treated with great rigor by the district attorney, and by the press generally, since her second commitment. Up to the time of her arrest for the murder of Dr. Burdell she was a lady in good standing. Her daughters are quite accomplished and beautiful, and their general manners do great credit to their mother's training and care. Mr. Hall, the district attorney, is a black-republican of the deepest and most virulent die. He presented to the grand jury such an array of evidence that the jury felt compelled to find a true bill against her. By this indictment she was arraigned, torn from her family, branded as a murderess, incarcerated as a felon, and all manner of vile things said of her. Yet, on the trial, the main witnesses on what the grand jury found their bill were not presented, and the jury were ready to acquit without leaving their seats; and so great was the public and general condemnation of the course of the prosecuting officer, that he has seemed called upon to regain his lost position by unscrupulous activity. The crime for which this lady is now held was planned, not by her, but by Dr. Catlin, who is in jail. So he knows; and if she committed an offence, it was an offence planned by Catlin, and consummated by the connivance and skill and approval of the district attorney and under such circumstances, it has been thought that while thieves, pickpockets, murderers, and scoundrels are at large by the pleasure of this officer-while indictments found against them grow musty in the office of the government-this woman should not be alone persecuted to please the personal malice of this gentleman. Matthew Hale Smith, esq., brought the writ, and the case was argued for four days. If the district attorney had had a retainer from the Burdell heirs, he could not have been more zealous against Mrs. Cunningham; and he was quite personal to the counsel of Mrs. C., as if all who attempted to see that this lady had the legal rights that were left to her must be trodden down and made subject to insolence of office. On Friday Mr. Smith replied the court room was filled to its utmost capacity and the marks of applause that attended the argument show that the great heart of the people goes for fair-play, and that man or woman accused shall have a fair chance, and not be oppressed nor ground down beneath the iron heel of power. Judge Peabody presided with great dignity and ability, and will give his decision on Tuesday next at 1 o'clock. I have no doubt he will admit her to bail. The Democratic Review has fallen into the hands of Conrad Swackhamer, esq., who has become the sole editor and proprietor. He is a scholar and a gentleman, and one of the most popular and unflinching democrats in all this region. He planted his feet firmly on the national platform long ago, and has been as true to national principles as the needle to the pole. And his urbanity and genial good nature make him a universal favorite. The Review has started to new life by the touch of his editorial spear his list of subscribers is growing with unexampled rapidity, and he will prove a most able coadjutor in the great battles which the democracy must fight. The prospect now is that we shall have harmony among the democracy that but one set of delegates will be sent to Syracuse ; that Wood will be unanimously nominated for mayor that the democracy will be triumphant in the city and the State, and that the foul blots of republicanism and the tyranny of its rule will be wiped away, and the sun of the democracy will shine once more in MANHATTAN. New York. ["Manhattan," we think, will find no slight difficulty in persuading the public that Mrs. Cunningham is the victim of persecution or of conspiracy, or
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Total, The following sales of Stocks and Bonds were made at auction to-day by Adrian H. Mul'er: $1,000 Milwaukee and Horicon R. R. 8s of '78. Int. added 101 $2 000 Milwankee and Horicon R. R. 8s of '32, Int. added 38 $5,000 New-York City 6 per cent Bonds, Int. added 884@89 881 $2,000 New-York City e per cent Bonds, Int. added 70 $500 Union Club 7 per cent Bonds, Ind. added 72 25 shares Park Bank 01@1021 510 shares Broadway Bank 931 50 shares New Amsterdam Fire Insurance Co 80 20 shares Lenox Wire Insurance Co 85 20 shares Columbia Fire Insurance Co 1c. p. 1,650 shares American Mineral Co Also, the following by Albert H. Nicolay: 1 $1,000 La Crosse and Milwaukee 7s, 1962, Int. added $4,000 La Crosse and Milwaukee 7a. 1867, Int. added 75 $5,000 Chicago and Rock Island R R. 7s. Int added $38,000 Chicago and Aurora R. R. 2d Mg. 7s, Int. added 751@76 $10.000 Virginia 6 per cent Bonds, Int added 52 $2,000 Milwaukee City 7s, Int. added 651@67 $15,000 Illinois Central R. R. 7s, Int. added 48 50 shares New-York and New-Haven 107@1074 200 shares New-Jersey R. 2. and Trans. Co 115 24 shares Broadway Bank 731@75 100 shares Bowery Bank 1073 a 108 75 shares Empire City Insurance Co 91 " shares Commercial Insurance Co 1231 25 shares North River Insurance Co Albert H. Nicolay's regular semi- weekly auction sale of Stocks and Bonds will take place on Monday next, 5th inst., at 121 o'clock, at the Merchants' Exchange. A. H. Muller will also hold a sale of Stocks at the same time and place. Mr. Andrew Carrigan, Receiver of the Mechanics' Banking Association, informs the public that Monday next, October 5, is the last day allowed to depositors and others having claims against that institution in which to file their claims with him, in order to entitle them to the first dividend. The following is & comparative statement of the value of certain Exports from the commencement of
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DISCREDITED BANKS. The following IS a corrected list. todate, of recen SUSPENDED and DISCREDITED Banks: Arcade Bank, Providence, H I. America Bank, Trenton. N:J., Agricultural Bank, Tenn: Agricultural bar. K; herkiner, N. Y. Bergen County Bank N.J. Bank 01 Canandaigtta, N.Y. do Napervilie, Iii. do Beleville, de Nashville, Tennessee. do do Springfield, Ohio. do Toumseh, Michigan. do Orieans, N.Y. do New Jersey, New Brunswick, N.J. do Kent, R.I. do Halloweit, Me. do America, Tenn. do West Ternessee, Tenn. do Paris, Tenn. do Corning. N.Y. do the South County, R.I. North America, Connecticut. do do Kanawha. Virginia. do Elgin, III., S. S., small circulation. do the Capitol, Indianapolis, Indes. S. do Middleton, Penn. do Watertown, N.Y. des Chester, Li. do Eigin, do do Pike County, Ill. Central Bank, Indianapolis, Ind.,,s. Chemung County Bank, Horse Heads, N.Y.,s.s. Clinton Bank, Columbus, Ohio. Cty Bank, N.J. Cum erland Savings Institute, Md. Commercial Bank, Columbia, S. C. Citizens' Bank, Tenn. Corn Exclusive Bank, III. Charter Oak Bank, Hartford, Conn. Colchester Bank, Com. Danly Bank, Vt. Davton Bank. Ohio. Dairyman's Bank, Newport, N.Y. Ellsworth Bank. Maine. Exeter Bank. N. H. Exchange Bank. Pittsburgh, Pa Exchange Bank. Hartford, Corn. Farmers' Bank of Saratoga Co., N. Y.,s.s Farmers' and Mmmufacturer's Bank, Poughkeepsie. Farmers' Bank, Wickfort, R.1. Farmers & Mechanics' Dabs ent county, Md. Farmers and Merchants' Bar Md. Eairfie County Bank, Nor alk, Ct. Farmers N Arechanics' Buk, Detroit, Mich. Honesdale Bank, Pennsylvania. Hollister Bai k, Buffalo, N. Y.,s.s. Harcock Bank, Maite. Hugenot Bank, N.Y. H pkinton Bank, Westerly. R T. Hamilton Exchange Hank, Hamilton, N.Y. Island is Bank. Yreity, Jefferson 1 anty Bar K. N.Y. Lee Bilik, Massa have ts: Mechanics' Banking Association, N. Y., Mount Verhon Bank, Providence, R. I. Maratine Bar K, Maine. Monson River Bank. Mark Madomb County Bank, Mehigane Mechanics' Banking Association; N. Treity, Morizan Bank, Ga. Miami Valley Bar K, Ohio. Medina Bank, Medina, N.Y. Munson Bank. Mass. M rehants & Manufacturers' Bank, Pittsburgh, Pa. Mercantile Bank. Hardford, Coub. N.Y. Security Bank, N. Y. Nebraska money has been thrown out by St. Louis brokers, excepting the Banks Florence: Niagara River Bank, Tonawanday N.Y., reported failed, S.S. Ontario Bank, Utica, N.Y. Ohio Life Trust Company, lon'tissue rotés: Oliver Lee & co. Bank, N. reported failed, S. S. Ocnee Bank: Tenn. Outario County Bank, Phelps, People's Bank, N.Y city. reported failed, S: S. Paweatuck Bank, Paweatuck. Ct. Port Plain Bank, N. Y..s.s Reciprecity Bank, Buffak, N. YL. frew bank, S. Rhode Island Central Bank, R:1: Sanford Bar K/Me. Sackett's Harber Banks N. South Royalton Bank, It. Seneer County Bank, Ohio. Southern Bank, Georgia. Stock Security Bank, Illinois. Tippecanoe Bank, Logansport, Ind. Tiverton Bank, Fall River, R.I. Union Bank, Frenchtown, N.J. Unadilla Bank, N.Y. Warwick Bank, R. I. Wonster Bank, Danbury, Conn. Warren County Bank, Penn. Yates County Bank, Penn Yan, N.Y. NOTE.-"S. S." means securet by state stock. Most of these Banks will pay their circulation in full, and holders of their bills should not submit to a large discount on them.
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The exports for the year do not vary materially from last year at this time, and are about equal to the receipts from California. The receipts of gold so far this month, including that coming by the St. Louis, show an excess of about four millions over the shipments, and the Ariel is near at hand, with nearly half a million more. The banks, it is understood, hold now eighteen millions, more than ever before, and some of our bank managers anticipate that the line will run up to twenty-five millions before it will be checked by foreign shipment. The features of the Money market are as we have before noticed. The amelioration during the week is marked both in Bank and in the street. Paper shows an improvement of fully 1 ¼ cent, and considerable increase in currency. The check to activity in paper is, that the names which will sell are very scarce, and the names which are plenty will not sell. The Banks have been discounting with liberality, and no dealer, with claims upon those institutions and with satisfactory security, has gone away unsatisfied. In the street leading houses have abundance of money offered them on call at 5 @ 7 ¼ cent, but the line of securities received is much narrowed. It is stated that the Mechanics' Banking Association will probably be resuscitated, either with a reduced capital or by new subscriptions. Ezra Ludlow, jr., & Co. will hold a sale of stocks and bonds on Monday, November 16, at 12 o'clock. Among the securities offered will be $10,000 Brooklyn City 6 ¼ cent bonds. Albert H. Nicolay's regular semi-weekly auction sale of stocks and bonds will take place on Monday next, the 16th inst., at 12½ o'clock, at the Merchants' Exchange. Simeon Draper will hold a special auction sale of bonds and stocks at the Merchants' Exchange on Monday next, at 12½ o'clock. The following sales of Bonds and Stocks were made by Albert H. Nicolay:
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Supreme Court-Special Term. Before Hon. Judge Roosevelt. THE MECHANICS' BANKING ASSOCIATION. Nov. 17.-Chas. A. Rappallo us. The Mechanics' Banking Association.-The receiver in this case made application for an extension of time. He reports to the Court that he has been enabled to collect sufficient assets to pay off most of the liabilities due to depositors, and asks for an extension of sixty days' time to enable him to settle with the remainder. The Judge said that in order to save the labor and expense of ascertaining by law the various liabilities of those who are actual owners of stock and those who are mortgagees, he would order the extension of time asked for. ANOTHER ALLEGED LUNATIC LADY. In the matter of Mrs. Moore, an alleged Lunatic.-The Judge said he would make an order in this case in the morning. He understood that the lady had not been brought personally before the referee. Why, had not been stated by that officer. It appears that Mrs. Moore has been confined by her husband for 10 years, but not on the same ground as had appeared in a case recently before the Court. She says, or at least her sister says for her, that she is sane, and asks for the interference of the Court. It would be very desirable if he had the power to have this lady or others similarly situated, personally before the Court, and a limited audience; but he had no such power, and on the other hand he did not wish to have all the alleged lunatic ladies in the country brought to his house. He would make an order in the morning.
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A dispatch has been received stating that the diffi- culty on the Central Ohio Railroad has been settled. The Company are paying off the employees at Zanes- ville, and the regular transit of freights will not be interrupted. The Bank of New-York has given notice that the second installment of $25 per share, payable on the 2d of January next, will not be called for until further advisement. The steamer to-morrow will take between a million and a half and a million and three-quarters in gold. The shippers are Brown Bros., Belmont, J. & J. Stuart, Duncan, Sherman & Co., Goodhue & Co., Pickersgill & Co., Howland & Aspinwall, &c. Some gold is also engaged for Saturday and Wednesday week. The demand for bullion is about equal to the supply, at ¼@½ per cent premium. Sovereigns are $4 88 @ $4 90. We hear new complaints of the delays at the Mint, and it is stated that the gold which was deposited in the Assay Office, which came by the steamer pre- vious to the last, has not yet been paid for. We understand that Mr. Andrew Carrigan, the Re- ceiver of the Mechanics' Banking Association, will be prepared soon to pay the outstanding fifty per cent of claims against that institution. The first fifty per cent was paid within 40 days of taking possession of the assets. It is also stated that the institution has been found to be solvent, that a portion of the original capital remains, and that with the consent of the Court the bank will be resuscitated. The Cleveland, Columbus and Cincinnati Road will, we understand, make its regular dividend on the 1st of January payable on the 1st of February. This is one of the few roads in the country without a debt. The receipts of the Erie Road thus far in December are said to be equal to those of the same period of last year. The decrease of receipts in
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$66,510.704 $78,615,890 $71,020.053 Since Jan. 1 Mr. Carrigan, the Receiver of the Mechanics' Banking Association, will be ready, to-morrow, to hand over to the Court his final statement of the affairs of this bank, and resign the post be has filled. He will be able to show, it is stated, that the corporation is out of debt, and possesses nearly half & million of available assets. A meeting for the choice of & Board of Directore will be held to-morrow, when arrangements will probably be made for this bank to resume its former position. Mesers. Thompson, Morse & Co., No. 2 Wall street, quote Currency and Land Warrants this week
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igate are less active rates are without material change. To Liverpool the engagements are 13,000 bush. Grain at 61%7d; 150 ba'es Cotton 815321. Flour at is. 9d.: 600 bble Pork at 2a. @2s. 31; 300 boxes Bacon s:20s | 75 boxes Spermaceti at 4d. P foot; 700 bbls. Rosin at 1s. 9d.; 500 boxes Cheese & 22s 6d. To London, 500 bble. our at 2. @2s. 3d.: 200 boxes Bicon at 22. 6d., and 200 bbla. Pork at 3r. 3d 6d. To Rotterdam, 1,000 bbls Rosin at 3a 3d.: 50 bble. Ashes & 32s. 6d @35a; 50 bb's. Lard at jc P lb. A brig for the south side of Cuba and back with sugar at 35c., and Molasses at $2 50, port charges paid. A brig to a Windward Island at 69c. P bbl. A brig from Brandywine to St. Croix with Meal on private terms. The business of the Sub-Treasury was: Receipts, $56,754 57-from Customs, $44,000; Payments, $89, 145 63; Balance, 316 70. The steamer from Boston to-day took $1,024,000 in ape of which about $350,000 was put up in Boston. The bullion market here is quiet. The business of the Clearing House to day was $13,497,600. Ezra Ludlow, jr., & Co. will ho'd & sale of securities at the Merchants' Exchange on Thursday, Dec. 17, at 12} o'clock. Albert H. Nicolay's regular daily auction sale of stocks and bords will take place to morrow (Thursday) at 121 o'clock, at the Merchants Exchange. S. Draper's regular daily sale of bonds and stocks will take place to-morrow (Thursday) at 121 o'clock, at the Merchants' Exchange. The earnings of the rre Haute, Alton and St. Louis Railroad for the month of November were: Passengers. $33 Miscellaneous $4,500 00 25 620 Freight..... Total $66,443 67 Express and Mail... 3,191 The operative expenses of this road have been greatly reduced the last few months, and from the 1st December a reduction of 15 R. cent on laborers' wages and 20 P cent on Salaries. The City Bank has declared & dividend of I P cent, payable on demand. Messrs. John A. Bunting, Richard E. Mount, Peter J. Bogert, Leonard Kirby, Rutsen Suckley, Ralph Mead and Thomas W. Thorne were elected directors, to day, of the Mechanics Banking Association in place of those directors whose term of office expires to day. As we have before stated, the claims against this in stitution have been settled with most unusual and commendable promptness by the Receiver, Mr. Andrew Carrigan, who, as soon as he legally can, will trans or the remaining assets to the directors. These remaining assets, we understand, amount to about $500,000, and the bank will probably soon resume business. The loes by the defaulting teller is only about $30,000, which is much less than at first reported. We have ascertained from the best authority that the rumor, started in & morning cotemporary, that the Honduras Railway Company have suspended operations is wholly without founds ion. On the contrary, a detachment of Royal Engineers, sent out by the British Governme nt under Lieut -Col. Stanton, R.E. (late Commissic of the Turkish boundary), sailed last week from this port for Hondures to verify the survey of the road now in progress by the ergineer corps under Col. Trautwine, which has been in the field since April, and which Col. Trautwine reports will finish thesurvey and location of the line by Feb. 1. Letters from Lieut. W. N Jeffers, U. S N, Deputy Agent of the Company in Hondura, and from the Chief Engineer to Nov. 1, report the Engiteers past the summit and rapidly approaching the Bay of Fonseca, the survey of wh ch was finished by Lieut. Jeffers in August. Up to Comayagna, the capital of the State, there are no grades exceeding 30 feet to the mile, and over the summit the maximum grade was 64 feet, and that only for a few miles. The amount of outting and filling, bridging, &cc, is reported by Col. Trautwine as throughout "decidedly moderate." The Company and the Honduras Government are in perfect accord, the latter having just ratified a treaty with France guaranteeing the railway. In fact, the French Government has adopted the Bay of Fonseca, the Pacific terminus of the road, for a naval station, and it is believed the Birth Government will soon follow its example. The Honduras Railway Company is an English Company organized under the English Joint- tock Companies' Act, and has its principal office No. 11 New Broad street, London, being represented in the United States by Mr E G. Squier, the originator of the enterprise, as agent and managing director The Chairman of the Company is William Brown, esq., M. P., (head of the house of Brown, Shipley & Co., Liverpool,) and the Deputy Chairman is R W Crawford, esq. representing the city of London in Parliament, with Lord John Russell, and Chairman of the Great India Railway. Among the Directors are John Lewis Ricarde, M P., Abram Darby, (head of the Ebbro Vale Iron Company, Joseph Robinson, esq., Mr. Wheelwright, Mr Wegnelin (late Governor of the Bank of England,) Chas. Holland, (Cbairman of the Liverpool Chamber of Commerce,) Maj. Gen Tremanhure, C A. Moulton, eeq of Paris, and & number of others, gentlemen of equal wealth and position, who have carried on the work, thus far, at theirown expense. When the location of the road is completed, and the working plans made up, they will exercise & sound discreti on in bringing the exterprise before the public. The following sales were made at austion by S. Draper: 68 $3,000 New York snd Harlem Railroad 7a, Int. added 61 #2 000 California 7s. Int added 17 $10 CCO Chicago, St Paul and Fend du Lac 7a. Int. $3000 Medison City 7s, Int. added 25 $5,000 waukee and Horicon 8a, Int. added : $3,000 Louisiana 6a, Int. added Note of handPhelps, Aitken & Vail due August 4. 1867, $667 06 10 Phelps, itken & Vail. due Oct, 15, 1857, $839 31 10 shares Park Back. shares Bank of Commerce 991 20 shares National Bank 96 shares Phenix Bank 92 20 shares Commercial Fire Ins 120 10 shares Corn Exchange Ins 31 100 shares Nicaragua Transit Co. Also, the following by Albert H. Nicolay 4,800 Chicago, St. Fon du Lac R R Int added. 361 $2000 La Cr $80 and Milwaukee Railroad 7a, Int added... $5,000 Terre Haute and Alton R R. 1st mort Int added.. 57 $1,000 Terre Haute and Alton R R 2d mort Int added., 69 42, $2,000 Cleveland, Painaville and Ashtabula R Int added $5 000 Brookeyn City per cent Water Loan, Int. added 87, 29 shares Sixth venue Railroad 20 shares Bull's Head Bank shares Excelsior Fire Ins. 9% 70 shares La Crosse and Milwaukee Railroad Also, the following by Adrian H. Muller: $2,000 New York State 6 per cent Stocks, due 1861, flat.. 1051 $3,000 New York State per cent Stocks, due 1862, flat.. 1043 York State cent Stocks. due 1265. flat.. 106
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Total$1,939,662 489,462 11,566 1,461,766 Decrease as compared with 18571,450,200 These returns give the best idea of the present condition of commercial affairs. There is literally nothing doing in any department of trade. The Mechanics' Banking Association having been relieved from its receivership, and placed its affairs upon a firm basis, will recommence business upon Monday next, with a capital reduced to $316,000. Mr. M. M. Freeman will continue to act as President, and Mr. J. H. Fonda, formerly cashier of the Merchants' Bank of Poughkeepsie, has been elected cashier.
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September. 1st. Fearful panic in New York money market; defalcation in Mechanics' Banking Association discovered and many failures occurred. 2d. Election day in California : smart earthquake felt in various parts of the State. 5th. Carpenter's Hall, in which first Con Society, it gress being sat, re-occupied anniversary by of Carpenters' Congress meeting there. --Three men killed and cars smash ed by accident on Camden and Atlantic Rail road. 1.-Barque Ala, of Philadelphia, sailed for London with sixteen souls on board and a full cargo. Never heard from. 6th. Religious riots in Belfast, Ireland one killed. 7th. Rev. J. B. Finley, pioneer Methodist minister in the West, died at Eaton, Ohio. 8th. Rev. Dr. John Ludlow died in Philadelphia.-Boat capsized at Milwaukie six men drowned. 9th. Submarine telegraph, connecting Europe and Africa, laid between Bona and Tenlada, 145 miles. 10th. Massacre of emigrants by Indians and Mormons on the plains near Santa Clara. -August Comte died in France, aged 60. 11th. Gale and marine disasters on Southern U.S. Coast. 12th. California steamer Central America Cupt. Hernden, sunk after a heavy gale, car' rying down nearly every man on board to: tal number lost, 350; saved, 178; women and children saved by brig Marine, having been sent on board before the C. A. sunk; the Marine and barque Ellen saved many on board the C. A. at the time she went down; Capt. II. was among the lost; the steamer a total loss, with $1,600,000 in specie.--Six persons poisoned in Alabama, by a negro cook, who was immediately burnt alive. 13th. Brigham Young publicly denounced and defied U.S. authority at Salt Lake City. 14th. Andrew Jackson, Jr., refuses to deliver Gen. Jackson's snuff box, bequeathed the bravest son of New York," to Mato jor Brig Nancy, of Halifax, seven crew lashed to wrecked; after Dyckman being of her the rigging lost, two five saved, days. 17th. Two hundred vessels burnt and sunk at Novaia-Ladoga near St. Petersburg, loss immense. Chief Justice H. C. Murray, of California, died at Sacramento. 19th. Yellow fever becomes epidemic at Lisbon, causing great excitement in Portugal. 20th. City of Puira, Peru, damaged to the extent of $500,000 by an earthquake; river Puira suddenly rose to a great height.of Delhi taken by the British, after five ; City months' siege assault lasted six days; Delhi great slaughter of East Indians; King of and two sons taken prisoners, and the latter shot. 21st. Gen. Nicholson, R. .A., died of wounds at Delhi. 22d. Russian line-of-battle Lefort foundered in a squal in Gulf of Finland; upwards of 1000 souls perished. 24th. Conspiracy of Santa Anna to revolutionize Mexico discovered and frustrated. 25th. Stringency in Philadelphia money market reached panic; Bank of Pennsylvania suspended, causing a run on all other Banks.--Emperore of France and Russia met for conference at Stuttgardt. 26th. Run on Philadelphia Banks contin ued with such vigor as induced partial suspension by all; $5 and $10 notes paid and