Article Text
NEW YORK, Oct. 12.-Messrs. Corning & Co., bankers, suspended on Saturday. They were large stockholders in the Southern Bank of New | Orleans.
15701. Corning & Company (New York, NY)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- private
- Start Date
- October 12, 1857
- Location
- New York, New York (40.714, -74.006)
Metadata
- Model
- gpt-5-mini
- Short Digest
0ecec0e7
Response Measures
None
Description
Multiple contemporary newspapers report Corning & Co., bankers, 'suspended' on Saturday, Oct. 12, 1857. Articles give no description of a depositor run specific to this house, nor do they report a reopening or receivership in the provided clippings. The broader context is the Panic of 1857, so I classify the cause as macro_news. Because no reopening is mentioned in these articles, I classify the episode as suspension_closure but note that the ultimate permanent closure/receivership is not explicitly reported in the supplied items.
Events (1)
1.
October 12, 1857
Suspension
- Cause
- Macro News
- Cause Details
- Suspension reported amid the widespread financial panic of October 1857 (many banks suspending specie payments).
- Newspaper Excerpt
- Corning & Co., bankers, suspended on Saturday.
- Source
- newspapers
Newspaper Articles (9)
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DOMESTIC INTELLIGENCE. Financial. NEW YORK, Oct. 12.-The East River Bank has suspended specie payment. NEW YORK, Oct. 12.-Corning & Co., bankers, suspended on Saturday. They are large stockholders in the Southern Bank of New Orleans. CHICAGO, Oct. 12.-Wadsworth & Co. have suspended. Assets largely exceed liabilities. NEW YORK, Oct. 12.-The Grocers' Bank has suspended. The bank contractions during the past week exceed $5,000,000. The Pratt Bank closed to-day. WASHINGTON. Oct. 12.-The U.S. stocks redeemed at the Treasury to-day amount to $3,000,000. NEW YORK, Oct. 12.-The Bowery Savings Bank has received $607,000. The entire amount redeemed amounts to $3,500,000, leaving $1,000,000 now out. NEW YORK, Oct. 12.-The weekly bank statement shows an increase in specie of $76,000. Decrease of loans $4,180,000. Decrease of circulation $392,000. Decrease in deposits $4,677,000. AUGUSTA, Oct. 12.-The Southwestern Railroad Bank and Bank of South Carolina, at Charleston, both suspended this morning. There is a run on all the other Charleston banks. CLEVELAND, Oct. 12.-The Cuyahoga Steam Furnace Company has assigned. SOUTH-WEST PASS, Oct. 12.-The pilot-boat Cornelia, Capt. Chism, from Boston in sixteen days, (via Key West,) has arrived. British Consul at New York. NEW YORK, Oct. 12.-Ed.N. Archibald is appointed British Consul for this port. Death of G. W. P. Custis. NEW YORK, Oct. 12.-George Washington Parke Custis died at Arlington, Va., yesterday. Kansas News. ST. LOUIS, Oct. 12.-The Leavenworth Herald of the 7th says that large numbers of armed men came from Nebraska and voted the free State ticket. The Democrats claim both branches of the Legislature. Frize Fight. BUFFALO, Oct. 12.-At the prize fight between Lazarus and Hannegan, after one hundred and twenty rounds, occupying two hours and fifty-eight minutes, the stakes were withdrawn, neither conquering. Domestic Markets. CINCINNATI, Oct. 12.-Flour dull and unchanged. Whisky 15c. Wheat 80 to 90c. Oats 30. NEW YORK, Oct. 12.-Cotton is quiet. Flour dull. Wheat firm. Corn and Lard heavy. Mess Pork 22 to 30c. Whisky 20 to 21c. River Intelligence. VICKSBURG, Oct. 12.-The Uncle Sam passed down at 10 A. M., the St. Nicholas and Choctaw at noon, the Powell at 1. Rainbowat 5, Adriatic at 9, and Belfast at 10 P. M. Sunday. VICKSBURG, Oct. 12.-The Jno. Briggs passed down at 10 A. M., and the McRae at 1 o'clock, P. M. S
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TELEGRAPHIC NEWS REPORTED FOR THE DAILY DISPATCH. Arrival of the Atlantic. THREE DAYS LATER FROM EUROPE. NEW YORK, Oct. 12.-The steamship Atlantic, with Liverpool advices to the 30th of September, arrived this morning. The Asia arrived at Liverpool on the 27th, and the Kangaroo on the 19th. The Atlantic brings 120 passengers, including Charles 8. Spence, bearer of a ratified commercial treaty with Persia; F. Schroeder, late minister to Sweden; and W. R. Osborne, President of the IIIInois Central Railroad. She also brings $17,000 in specie. AFFAIRS IN INDIA. Later advices from India state that the gents still held possession of Delhi. Numerous sharp engagements had taken place between the English troops and the insurgents, in which the latter were uniformly defeated. European reinforcements were arriving, and an attack on Delhi was expected about the 20th of August. Gen. Havelock reached Lucknow after two more victorious engagements, but his force had become 80 much weakened that he was compelled to return to Cawnpore. More mutinies had been discovered among the Bombhy troops, and it was supposed that several suspected regiments would be disarmed. Lord Elgin had transferred the frigates Shaman and Pearl to the East Indian government, and was about to return to China. The Paris Patrie says serious dissensions have arisen between Lord Canning, Governor General of India, and Sir Colin Campbell-Lord Elgin siding with the latter. The latest account says Gen. Havelock's position is regarded as precarious. The English officer reports that he saw Nena Sahib and family swamped in a boat the Ganges, and all were drowned. A telegraphic dispatch from Marseilles to Paris says the population of Bengal were beginning to rise, and were killing the English; also that the revolution was becoming general. No merchandise was reaching Calcutta from the interior.Money in the East was disappearing, and the paper of the East India Company was at 25 per cent. discount. Goolah Sing died at Cashmere on the 2d of August. CHINA. Admiral Seymour had proclaimed the blockade of Canton river. THE IMPERIAL INTERVIEW. The Imperial conference at Stuttgard, lasted four days, during which time the Emperor Napoleon and the Czar had several private interviews. Both had started en route for Wiemar. ENGLAND. A meeting of the British Parliament is talked of. FRANCE. The French decree forbidding the export of corn, has been extended to September, 1858. SPAIN. The modification of the Spanish ministry was still being agitated. SARDINIA. Sardinia is making advances towardsa reconciliation with Austria. BELGIUM. Martial law has been proclaimed in Belgium. THE LATEST. London, Tuesday, 12 M.-The Bombay Times, received by the overland mail, does not meution the arrival of General Havelock at Lucknow. It designates the intelligence as of a disastrous character. A letter from Aboo says the King of Delhi has offered to make terms, provided his annual stipend be increased; but was informed that nothing but unconditional surrender would be accepted. Numbers of mutineers were leaving Delhi unarmed. Punjaub was tranquil. The organization of Sikh regiments was progressing rapidly. The King's magazine at Iodhpoore was struck by lightning, which caused a terrible explosion, killing 900 persons and destroying property valued at £1,000,000 sterling. The whole province of Bengal had become alarmed. The civilians of Gejah fled to Patria, leaving the treasury in chargeof the 64th regiment, which was in a precarious situation. Calcutta was becoming crowded with fugitives from all parts of Bengal. COMMERCIAL INTELLIGENCE. LIVERPOOL, Tuesday.-Cotton-Sales of three days 12,500 bales. Slow of sale, but prices unaltered.The market closed quiet and steady. Speculators took 1000 bales. Breadstuffs closed steady. Flour quiet and market easier, but prices unchanged. Wheat clowed buoyant. Corn quiet. Provisions dull. Beef heavy, and holders pressing on the market. Bacon closed firm. Lard dull. Sugar quiet. Coffee steady. Ricequiet. Rosin closed firm. Spirite of Turpentine LONDON, Tuesday -Money closed very active.Flour duil. Sugarsteady-inferior qualities slightly declined. Consols 90%@90% for account. MARINE NEWS. NORFOLK, Oct. 12.-The schooner J. P. Lofland. bound to New York, has put into this port, with loss of sails and other damage. The schooner Black Squall, from Alexandria, bound to New York, has also put in here, her masts and mainboom gone, and her mainsail split and lost. The mate and one man were lost overboard. REDEMPTION OF U.S. STOCKS. WASHINGTON, Oct. 12.-United States stocks to the amount of $3,000,000 have been redeemed by the Secretary of the Treasury. He is authorized to apply only $500,000 more to that purpose. STEAMER DETAINED. CHARLESTON, Oct. 12-The steamer Marion is detained here in consequence of bad weather, but will start soon. [Highly important!! ANOTHER FAILURE IN NEW YORK. NEW YORK, Oct. 12.-The Grocers' Bank has suspended. It is understood that the bank contractions last week will exceed $5,000,000. Corning & Co., bankers, who suspended on Saturday, were large stockholders in the Southern Bank at New Orleans. SUSDENSION IN SOUTH CAPOLINA
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BYTELEGRAPH WASHINGTON, Oct. 12.-George Washington Parke Custis died yesterday at Abingdon, Va. NEW YORK, Oct. 12.-The East River Bank has suspended specie payment. BUFFALO, Oct. 12.-A prize fight came off between Lazarus and Hamgan. After 128 rounds, 00cupying 2 hours and 58 minutes, the stakes were withdrawn, neither conquering. NEW YORK, Oct. 12.-Foreign, per steamer Atlantic.-Delhi, August 12.-Eurcpean reinforcements are arriving. An assault is expected on the 20th. Havelock had reached Lucknow after two more victories, b it his forces were weakened by encounters and disease. He would be compelled to return to Cawnpora. The garrison at Lucknow and Agra still held out but are considered precarious. China-Admiral Seymour has proclaimed the blockade of Canton river. The question of the early assembling of the English Parliament isagitated. The Czar and the Emperor of Austria are en route to Viena. London-Consols 901; money very active. CEEVELAND. Oct. 12.-The Cuyahoga steam furnace company have made an assignment. !NEW YORK, Oct. 12-The suspension of Corning & Co. is announced. They are heavy stockholders in the Southern Bank of New Orleans. FURTHER PER STEAMER ATLANTIC. Sardinia is making advances for & reconciliation with Austria. Charles J. Spence came passenger in the Atlantic. He brings a ratified Commercial Treaty with Persia. The Atlantic brings $17,000 in specie. Wednesday noon.-The Telegraph reports consols 901a903. The Bombay Times does not mention the arrival of Havelock. Lucknow reportssay that the intelligence received is disastrous. A letter from Aboo says the King of Delhi is offering to accept terms provided his annual stipend was materially increased, but he was informed that nothing but an unconditional surrender would be ac. cepted. Some English officers report seeing Nena Sahib and family swamped in a boat on the Ganges river and drowned. A number of mutineers are leaving Delhi unarmed. NEW ORLEANS, Oct. 12-The steamer Texas has arrived with Vera Cruz dates of the 7th. The Mexican Congress held a primary meeting on the 26th, 100 delegates present, and elected Manuel Ryise President. The Insurgents in the South still hold out. Robberieswere rife throughout the country. The health of Vera Cruz is improving. NEW ORLEANS, Oct. 12-The failure of Corning & Co will not effect the Southern Bank. There are rumors of some failures this morning, but they are not authenticated yet. Business unsettled. NEW YORK, Oct. 12-Per Steamer Atlantic Liverpool.-Sales of Cotton for three days, 12,500 bales; slow of sale but prices unchanged, closing quiet but steady. Breadstuffs steady; provisions dull; consols 90; Flour quiet, prices easier, unchanged; wheat buoyant; corn quiet. London-Money very active; wheat closed with an upward tendency; sugar steady, at a decline in inferior qualities. NEW ORLEANS, Oct. 12-Cotton, sales of 4000 bales ot 10 cents, a decline of one cent. Receipts 6200 bales. Mess Pork 2700. Nothing in freights; Exchange nominal; money blue. NEWYORK, Oct. 12-Further per steamer Atlantic. -A despatch was received at Peris from Marsailles which says the Bengalese are beginning to rise killing the English. The war is becoming general. Mutinies are 00curring among the Bombay troops. Several suspected regiments were disarmed. Lord Elgin had transfeered the frigates Shannon and Pearl to the use of the Indien Government, and was about to return to China. : The Paris Pays that 2 serious dissension OCcurred between Lord|Canning and Sir Calvln Campbell. Elgin was on the side of the latter. The latest accounts represent Havelock's position precarious. The Punjuab is tranquil. The organization of Seikh regiments for the relief of Delhi arerapidly progressing. CHICAGO, Oct. 12.--Wadesworth & Co, Bankers, have suspended. Their assets largely exceed their E liabilities CINCINNATI, Oct. 12.-Flour dull and unchang, ed; whisky 15c; wheat 80a90c; oats 30c. Foreign.-The King's magazine at Joehpore, was struck by lighting killing 900 persons and destroying a million pounds sterling in property. The Province of Bengal is alarmed. The civilans and Jefas fled to Patna leaving the Treasury in charge of the sixty-fourth regiment which is in a precarious condition. Calcuita is crowded with fugitives from all parts of Bengal. The imports of Calcutta are accumulating-no buyers-money disappearing. The paper of the East India Company is quoted at 25 discount. England-Sir R. W. Cardin is elected Lord Mayor of London. ST. LOUIS, Oct 12.-The Leavenworth Kansas Herald of the 7th, says large numbers of armed men came from Nebraska and voted the Republican ticket. The Democrats claim both branches of the Legislature. f NEW YORK. Oct. 12.-Foreign : Belgaum in Belfapoon is under martial law. BUFFALO, Oct. 12.-The Grocer's Bank has suspended. NEW YORK, Oct. 12.-The Pratt Bank has suspended. The bank contractions during the week exceeded five millions. What it is doing fr the Sic k.-The Editor of the Kittanning Free Press says: " After one of the best Physicians in this place had failed, BORHAVE'S HOLLAND BITTERS cured me of the worst form of Dvspepsia." : FRANCIS FELIX,Only manufacturer of the original "Ex-
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BY TELEGRAPH. BY THE NATIONAL LINE. [Reports Furnished by the Associated Press.] WASHINGTON, Oct. 12.-George Washington Parke Custis died yesterday, at Arlington, Va. NEW YORK, Oct. 12.-The East River Bank has suspended specie payment. BUFFALO, Oct. 12.-A prize fight came off between Lazarus and Harrigan. After 128 rounds, occupying two hours and fifty eight minutes, the stakes were withdrawn, neither conquering. FOREIGN NEWS PER STEAMER ATLANTIC. DELHI, August 12.-European reinforcements are arriving; an assault is expected about the 20th. Havelock had reached Lucknow after two more victories, but bis forces were weakened by encounters and disease. He would be compelled to return to Cawnpore. The garrison at Lucknow and Agra still hold out but are considered precarious. CHINA.-Admiral Seymour has proclaimed the blockade of Canton river. The question of the early assembling of the English Parliament is agitated. The Czar and the Emperor of Austria are en route to Vienna. LONDON.-Cousols 901; money very active. CLEVELAND, Oct. 12.-The Cuyahoga Steam Furnace Company have made an assignment, NEW YORK, Oct. 12.-The suspension of Corning & Co. is announced. They are heavy stockholders in the Southern Bank of New Orleans. FURTHER NEWS PER STEAMER ATLANTIC. I INEW YORK, Oct. 12-Sardinia is making advances for reconcialiation with Austria. Charles J. Spence came passenger in the Atlantic. He brings a ratified commercial treaty with Persia. The Atlantic brings $17,000 specie. WEDNESDAY Noon.-The telegraph reports Consols 901 a 904. The Bombay Times does not mention the arrival of Havelock. Lucknow reports say that the intelligence received is disastrous. A letter from Aboo says the King of Delhi is offering to accept terms, provided his annual stipend was materially increased, but he was informed that nothing but an unconditional surrender would be accepted. Some English officers report seeing Nena Sahib and family swamped in a boat on the Ganges river and drowned. A number of mutineers are leaving Delhi unarmed. NEW ORLEANS, Oct. 12.-The steamer Texas has arrived with Vera Cruz dates of the 7th. The Mexican Congress held a primary meeting on the 26th, 100 Delegates present, and elected Mar и I Ruise Pr sident. The Insurgents in the South still hold out; robberies were rife throughout the country. The health of Vera Cruz is improving. NEW ORLEANR, Oct. 12.-The failure of Corning & Co., will not effect the Southern Bank. There are rumors of some failures this morning, but they are not authenticated yet. Business unsettled. NEWS PER STEAMER ATLANTIC. LIVERPOOL.-Sales of cotton for 8 days 12,500 bales; slow of sale, but prices unaltered. Closing quiet; but steady. Breadstuffs steady. Provisions dull. Consols 90. Flour quiet. Prices easier, and unchanged. Wheat buoyant. Corn quiet. Beef heavy. Holders are pressing on the market. Sugar quiet. LONDON.-Money very active. Wheat closed with an upward tendency Sugar steady, at a dedecline in inferior qualities. New ORLEANS, Oct. 12.-Cotton sales-4000 bales at 10 cents; a decline of 1 cent. Receipts 6800 bales. Mess Pork $27 00. Nothing in freights. Exchange nominal. Money blue. FURTHER PER STEAMER ATLANTIC. A despatch was received at Paris from Marseilles, which says the Bengalese are beginning to rise, killing the English. The war is becoming general. Mutinies are occurring among the Bombay troops. Several suspected regiments were disarmed. Lord Elgin had transferred the frigates Shannon and Pearl to the use of the India Government, and was about to return to China. The "Paris Pays" says that a serious dissension occurred between Lord Canning and Sir Colin Campbell. Elgin was on the side with the latter. The latest accounts represent Havelock's position precarious The Punjaub is tranquil. The organization of Seikh regiments for the relief of Delhi are rapidly progressing. CHICAGO, Oct. 12.--Wadsworth & Co., Bankers, have suspended. Their assets largely exceed their liabilities. CINCINNATI, Oct. 12.-Flour dull and unchanged. Whisky 15c. Wheat 80a90. Oats 30. NEW YoRK-Foreign-The King's Magazine at Joahpore, was struck by lightning, killing 900 persons, and destroying a million pounds sterling in property. The Province of Bengal is alarmed. The Civilians and Jegas fled to Patna, leaving the Treasury in charge of the sixty-fourth regiment which is in a precarious condition. Calcutta is crowded with fugitives from all par's of Bengal. The imports at Calcutta are accumulating; no buyers money disappearing. The paper of the East India Company is quoted at 25 discount, ENGLAND-Sir R. W. Cardin is elected Lord Mayor of London. Sr. Louis, 12-The Leavenworth, Kansas, Herald of the 7th says large numbers of armed men came from Nebraska, and voted the Republican ticket. The Democrats claim both branches of the Legislature. NEW YORK, Oct. 12.-Foreign-Belgium in Beljapoon is under martial law. BUFFALO, Oct. 12.-The Pratt Bank has closed. NEW YORK, 12.-The Grocers' Bank has suspended. The bank contractions during the past week exceed five millions. DR. JOHN W. MORTON AS removed his office from No. 42 Cherry street, to No. Cedar street. july8.
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pl to those who has legitimate business to transact. A he Williamsburg City Bank yesterday several thousacds of dollars were deportted in gold by parties who a fe ays since were fearful of the solvency of it. as well of every other back in the city. So far as the banking institutions of Williamsburg are comcerned, the panic has entirely subsided Tae Williamsburg Savings Bank yesterday afternoon presented quile a contract from that of the day before From the time of ocening until the bio'e but few cersons were present, and the majority of these for the perposo of depositing rather then drawing funds. The business yesterday attained about the average that 11 was previous to the recent excltement. There were bos title larger drafts than there were deposits, but nothing that could by construed into a " run" was perceived. THE FARMERS' AND CITIZENS' BANK. On Wednesday Judge Birdeeye, of the Supreme Court, appointed Orrin M. Beach. E.q late cashier of the bank, receiver on he application of Richard Truesdeli. The bonds of Mr Beach have not yet been approved. and as applica tion will be made on the part of the assignees of the bank, Measys Wm. Layton, Charles L Anthony, and George Field, cashier of the Williamsburg Qty Bank, for an order scaling the appointment if Mr. Beach as receiver. inssth as the assignees and some of the principal stock he ders were, 1110 alleged, not represented on the applicaMon. Argument will be heard on this motion to day. THE CAUSE OF THE SUBPENSION. TO THE EDITOR OF THE HSRALD. 300 BROADWAY, Oct. 16, 1857. There can be no mistake that our Anglo- American bankers did all in their power to make banks suspend, and solely 1st. To protect their own houses in Eegland, and 2d. To shave us, as they are used to, by exorbitant exchange. Now, would It not be possible and advisable to P rotect us here by an export daty of 20 per cent, or even more, on all specie or any prectous metals I believe they on the other side of the ocean would have 0 take our produce as pay ment for their manufactures, or have to pay us the above premium on our California gold. A position to this effect should be signed by every American merchant and business man and be presented to W. R. Congress. SUSPENSIONS, FAILURES, ASSIGNMENTS [From the Independent, Oct. 16.] The following are the reported failures, assignments, for week &c. the W B Scarne, Portland, Me., assigned. D W &E H Quimby, South Berwier, Me., failed. 8 F Redfild, Ularement, N. H. suspended. Wakefield & Faskets, Hinadale, N. H., failed E R. Robertson & Ca, Bastonville, Vt., suspended. W. Ford & Co., Springdeld, Vt, failed. Gideon M. Lee, Chester, Vt. failed. John L. Johnson Chester, V5, failed. Franc is Scinner & Co., dry goods, Boston and New York city, suspended; show A large surplus, and ask an exten sion. Otis, Cusbman & Bancroft, cloths, Boston, suspended; extension. an ask S G Damon & Co., shoes, Boston, failed. Nesh, french & Co., shoes, Boston, suspended. Hutchins, Brown & Co, West India goods, Boston, suspended G.T. & W P Lymar, Biston, failed. Jobn P. Whiten, grocer, Boston, suspended. F &F Rice, grocers, Boston, suspended. Ward & Boott, dye stuffs, Boston, suspended. Woodford & ibor. faniy goods, Bo,ton, falled. Orane & G over, paper, Boston, failed Milton Gale, 0113 and leather, Beston, failed. L A George & no millinery, Boston, failed. Blake. sarnand & Co., aericultural implements, Boston, reported in our last as failed, only required as extension, which having obtained, they wi continue as formerly. A.P. Ware, Woreester, Mass, suspended. George f. Atwood, Baunton, Mass., suspended. Tirrell & Hersey, South Weymouth, Mass., suspended; liabilities seld to be $75,000, and asse z $100,000; ask an on extens Wardwell & Barstow, Providence, R. I., suspended. Harkness & Skad, Providence, R. L, assigned to Geo. B. Heimes John A. Littlefield, Providence, R. I., assigned to W. A. Arnold. Royal Prouty, Windsor Locks, Conn., failed badly. Illinois Central Railroad Company, New York city, assigned New York and Erie Railroad Company, protested. Harper Brothers, publishers, New York city, suspended Corning & Co bankers, New York city, susponded. Joseph W Corlies & Co dry goods commission, New York city, suspended; liabilities heavy Hall, Dana & Ce, dry goods commission, New York city, suspended. Bowers & Beeckman, dry goods commission, New York city, suspended. Charles B Waldo, dry goods commission, New York suspended. city, Timpson & Wiskins, dry goods commission, New York city, suspent ed. W T. H Dumoan, dry goods commission, New York city, suspended. Woodruff, Langdon & Co., dry goods commission, New York city. suspended. Bliss, Douglas, Wheelock & Do, dry goods, New York suspended city, LO. Wilson & Co dry goods, New York city, suspended: liabilities large. W G. Lane dry goods, Now Work city suspanded. Strang, Adriance & Co dry goods, New York city, susin full. will pay pended Fenton, Lee & Co., dry goods, New York city, suspended and assigned. Henry A Colt, New York city, suspended. Balkley & Do importers, New York city. suspended. L H. Mo re & Co. millinery goods, No # York city, sus pended; liabilities $280,000. Beekman & Co dry goods, New York city, suspended. James A. Hearn, dry goods. New York city, suspended. Brink & Russell, dry god.4, New York city, suspended. Blockwell, Vhitiamore & Co., cloths, New York city, suspended. Carbart, B.con, Clark & Co., cloths, New York city, suspended Hastings & Ferby, clothing, New York city, suspended. , Otts & Ditmars, clothing, New York city, suspended. John N. Genin, hats, New York city, suspended. Gaynor, McDonald & Co., straws, New York city, suspended; show a good surplus. Daniel Curtis & Co., New York city, suspended. Backus, Nichols & Co., hats, New York city, suspended. Seymour & Co paper, New York city, suspended. Fowler & Wells, publishers, New York city, assigned; their publications will be continued without interruption. Burt Brothers, shoes, New York city, suspended. Herrick, Ferris & Co., gents' furnishing, New York city, suspended. Pettee, Judson & Co., iron, New York city, suspended. Kemble & Warner, iron, New York city, failed and Assigned. Gallaudet & Fetmore, hardware, New York city, suspended Churchill, Rogers & Wetmore, hardware, New York city. at spended. Hunt, Themas & Co., adware, New York city, suspended. Doe & Rice. hardware. New York city, suspended. H ppcck & Greenwood, grocers, New York city, suspended. Wood & Gran', grocers, New York city, suspended. Ludism & Leggest, produce, New York city, suspended. John Pyatt. produce, New York city, suspended. Br ummell & Royster, tebacco, New York city, suspended: ask an extension to pay in fall. Baptist & White, tobacco, New York city, suspended. Compolly & Adams, tobacco, New York city, saspended. G W. Hillman & Oo., tobacco, New York city, suspended Bulkley & Moore, tobacco, New York city, suspended Hankins & Williams, fruits, New York city, suspended and assigned William Parts Idge & Son, dye stuffs, New York city, suspended. Ames, Herrick, Barnes & Rhoads, stationers, New York city, sur pended Mark J. King, furs, New York city, suspended. Henry A. Kelly, oils, New York city, suspended De Young, Newman & Sohmiat, trimmings, New York city, suspended. Herman Cohn, laces, New York city, suspended. Henirs & Bernstein, trimmings, New York city, failed. R. E. Potts, taller's trimmings, New York city, Assigned Martin Fox & Do., fancy goods, New York city, failed and assigned. B. H Doughty, New York city, assigned. This is not 8. G Doughy & 00, of Broad street, but S. H. Doughty, of John street W.B Mackenzie, mantillas, New York city, previously reported, has arranged with his creditors, and continues as usual. Wilson & Peck, Williamsburg, N. Y., failed and as signed. Edward Hoxh. Albany, N. Y., assigned. Hubbard, forrance & Oo., Rochester, N. Y., suspended; offer ompromies.
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For Harris 71,159 For Hatton 59,807 11,352 Harris's majority ERASTUS CORNING.-It seems that we inadvertently made a mistake, a day or two since, in writing down the Mr. Corning of the suspended New York banking-house of Corning & Co. as being the Hon. Erastus Corning of Albany, which we exceedingly regret, for knowing well that his enterprise and energy has done as much for the prosperity of our country's industrial interests as those of any other living man, we entertain for bim the deep respect and regard such an individual should command from all. The following latter from a friend apprised us of our error, and we accordingly lay it before the Star's readers: WASHINGTON CITY. Oct. 15, 1857. Editor of the Star: In your issue of lastlevening I find this sentence: The celebrated house of Corning (Erastus) & Co. * * * failed, &c. I know you would not intentionally do any business man, especially at this time, sp great a wrong as to charge him with insolvency. Hon. Erastus Corning, member of Congress elect from Albany, is not a member of or connected with the firm that has failed. Mr. Corning is one of the most extensive importers and dealers in hardware and iron in the Union. He owns extensive nail and other works. is president of the New York Central Railroad and of the City Bank of Albany. He had not failed or suspended up to last night. Respectfully, NAVAL COURTS OF INQUIRY -The case of ex-Passed Midshipman Bohrer is still on trial before this Court to-day. Surgeons Duvall and Harden were examined on the appellant's behalf, and Capt. Thompson and Lieut. John H. Wood on that of the Government. Before Court No. 2, the case of Lieut. Murroy is still in progress, Capt. Sterrett and Capt. Nones, (the latter of the revenue service,) and M-. Hipkins, of Norfolk, Va., were examined in it on the appellant's behalf. Before Court No. 3, where the case of Commander Shaw is still being tried, Commodore Salter, Surgeon Dillard, Purser Watson and Captain Nones, (of the revenue service,) were examined on the applicant's behalf. THE AFFAIRS OF PAIRO AND NOURSE.-We hear that the committee charged by the meeting of the creditors of this house, held on Thursday last, to examine into its affairs, are said to believe that every dollar of its indebtedness may be liquidated, and are of the impression that at the creditors' meeting to be called for Monday next a satisfactory showing and satisfactory propositions for the future management of the property deeded by the members of the firm in trust for the benefit of their creditors, will be made to the latter. We sincerely trust that such may be the result. YET TO COME BEFORE THE COURTS.-The following applicants are the remaining persons whose cases are to be investigated before the Naval Courts of Inquiry, exclusive of the pending cases: Commodore Jones; Captains-Ramsay and Levy; Commanders-Lecompte, Armstrong. Chauncey, Gedney, Glynn, Ritchie, Johnston and Ringgold; Lieutenants-Boyle, Hunt, Porter, Noland, Maury, Steele, Flagg, Lynch, Whiting, Brownell, Barney and Morgan; Masters-Stevens and R. C. Jones; Passed Midshipmen-S. Pearce and Byrens. THE FINANCIAL Crisis.-Yesterday was, comparatively, an easy day in New York. The suspension of the banks has already, in some degree, relieved the pressure on the money market, and the commercial interest is evidently encouraged to hope that a stop is about to be put to the current mercantile failures. To give the reader a practical idea of the effect of the suspension of the banks, we may mention that Virginia 6's advanced yesterday, at the broker's board, 17. THE DISTRICT NOTE-18SUING BANKS.-At the adjourned meeting of the officers of these banks, held yesteaday, we hear, a note was received from the Bank of the Metropolis, declining to come into any arrangements whatever with the others; which SO nonplused all their calculations as that they adjourned without determining on any fixed course of action to be followed by those banks represented-all the rest of the District of Columbia note-issuing banks. THE How. PETER D. VROOM.-We take it for granted that the current visit of this distinguished gentleman-late United States Minister to Prussin-to Washington, has been a delightful one, as he has been the observed of all observers among us, having received every possible attention from the public men now here
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ST. LOUIS, Oct. 9.-The election returns from Kansas show large Democratic majorities. In Johnson the majority is 1,700, in Leavenworth 250, Atchison 60, Douglas 1,100. Both branches of the Territorial legislature of Kansas will be largely Democratic. HARRISBURG, Oct. 9.-The legislature is in session, called together on Monday last by the próclamation of Gov. Pollock, to take into special consideration the present critical condition of the circulating currency of the Commonwealth, caused by a suspension of the banks. The Senate passed a bill to-day legalizing the suspension of the banks, and extending the time for their resumption of specie payments until April next, provided the banks pay State deposits in specie. New YORK, Oct. 9.-Gallandet & Wetmore, bankers, have suspended. There was a run on Park bank early today, bat subsided before the close of bus. iness. All demands were promptly met. The banks have mutually agreed to provide a fund of $6,000,000 for the special object of providing means to send forward produce. Sr. LOUIS, Oct. 9.-The reports about the Kansas elections are very contradictory.Travelers just arrived here give conflicting accounts. Sr. LOUIS, Oct. 9.-Late news from Santa Fe announces the re-election of Otero. The Cheyenne Indians are anxious to conclude a treaty of peace. NEW ORLEANS, Oct. 9.-Money is tight and no exchange offering. But little can be done until Sterling Exchange can be sold for cash in New York. WASHINGTON, Oct, 9.-The Administration will probably soon recognise the present Government of Niearagua, with the view of making a treaty to secure the transit route. NEW-YORK, Oct. 8.-Bliss & Co., dry goods dealers, and Bowen, MeNamee & Co., a silk house, have failed, The assets of the latter are ample. Money is scaree, and sought for at all sorts of rates. The bills of the Central Bank of Brooklyn have been discredited. The day closed gloomily. NEW York, Oct. 10.-The Associated Press have decided hereafter to employ a substantial news yacht at Newfoundland, to board foreign steamers off Cape Race, thereby shortening the time of receptions of news to from 6 to 8 days. NEW YORK, Oct. 10.-Cotton and flour quiet; wheat 1 25a1 30 for white, 1 15a1 221 for red; corn 65a68}; Provisions dull. AUGUSTA, Ga., Oct. 10.-Reliable intelligence from Charleston announces the Suspension of the Bank of the State of South Carolina, C. M. Firmer, President. NEW YORK, Oct. 10.-A run was made on the Brooklyn and Bowery Savings banks to day-all demands were met. The Park Bank stood successfully. BOSTON, Oct. 10.-The Michigan Central Railroad have suspended until they realize from the proposed bond subscriptions. On the 10th of November their coupons will be paid as usual. CHARLESTON, Oct. 12.-The South-Western Railroad Bank, and the Bank of South Carolina, suspended this morning. There is a run on the other Banks. NEW YORK, Oct. 12.-Corning & Co., Bankers, in this city, suspended on Saturday. They are large stockholders in the Southern Bank of New Orleans. NEW YORK, Oct. 12.-The Bank of East River suspended on Saturday. A despatch says that the Grocers' Bank, of New York city, has suspended. Large Cotton factors at New Orleans have suspended.
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Financial Matters St. Louis, Oct. 12.-Dean, King & Collins, and Kirby & Co., have suspended-a million each. A. J. McCray, dry goods merchant, has failed. New York, Oct. 12.-Corning & Co., bankers, have suspended. The banks will not increase their discounts until they have gained large accessions of specie, as increased loans, with diminishing specie, would be suicidal. The past week was the most severe ever experienced here. Enormous Defalcation. A recent examination of the financial department of the city corporation shows the disappearance, in the past five years, of eight to ten millions of dollars, for which no account is rendered. New Orleans, Wednesday, October 14. The Union Bank has just suspended. There is a heavy run on all Free Banks and great excitement. The Branch Mint has purchased of the Banks $200,000 in silver and bullion and are paying gold, thus affording some relief. New York, Wednesday, October 14. The banks of the following cities have suspended specie payments to-day: New York, Albany, Brooklyn, Boston, Hartford, Trenton, Portland and a general suspension throughout New England is anticipated. Buffalo follows to-morrow. Wall street is comparatively quiet. There is a moderate run of the Savings Bank of this city, which WAS promptly met, but those in Brooklyn were obliged to close. The officers of the New York Savings Banks are in consultation, and propose paying the per cent. on deposits. The Bank of America and Chemical Bank continue specie payments. The Manhattan is said to be doing the same. Other Banks will probably follow in making partial payments. Nearly two million in specie were paid out yesterday, exclusive of that paid by Savings Banks. Gold is selling at 4 and 5 per cent. premium. The Brokers' Board passed a resolution to receive certified checks for stock, which rose 9 Ther cent, and at Second Board was still firm Mechanics' Bank Directors held a meeting and expressed entire confidence in the New York Banks, and paid dollar for dollar.