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Financial Matters. As the condition of the money market in New York and Philadelphia, regulates to a Considerable extent that of the balance of the country, the following condensed state. ment we clip from the New York Times of the 26th FRIDAY, Sept. 25-P. M. The business day in Wall street was'one of the most unsettled of the present panic season. The trouble, however, was mainly. if not wholly, a reflected one, creating at once a pause in all pending money negotiations, and unfixing public opinion as to the course and probable future bearings of the financial storm. The transactions at Bank went on satisfactorily, the exchanges through the Clearing House smoothly, and there were no additional failures, as far as we are advised, up to 4 o'clock, among our own merchants. The offerings at most of the large banks that held their discount ses sions this morning, denoted less pressure among their ordinary dealers than last week. At an early hour came the first news by telegraph of the Bank suspensions in Philadelphia, still leaving the extent and duration of the heavy trial which has fallen to that city in doubt. It was previously surmised in particular quarters, that the crash among the old domestic commission and job bing firms, whose heaviest sales are distribbuted to the most solvent States in the Southwest, from which no general complaint of backward collections had been heard could not have been produced without the agency of some important, though until today, hidden local cause of weakness. There were even confidential hints thrown out of Bank trouble by parties who had recently made direct inquiry on the subject but the public here were not prepared for the simultaneous explosion of the Bank of Pennsylvania, Girard Bank, and Commer cial Bank, with an aggregate capital of four millions of dollars, and it would be affectation to attempt to conceal the profound sen sation which the news created in a Street somewhat used of late to unpleasant excitements of the sort. It is not surprising, therefore, that the question as to the effect all over the country, should at once suggest itself, and that Stocks should have lost the whole improvement of the past day or two. under the doubt and apprehension as to its solution. The same feeling produced hesi tation in the purchase of mercantile bills outside of Bank though, happily, there was less eagerness to press sales, owing to the rather more quieting accounts which came this morning from the East. We make no change in the quotation of rates, as. when transactions were made at all. they were on prime bills at the currency of Thurs day, say 18a24 per cent. The Bank of Pennsylvania is an institution of sixty years' standing. It was the transfer agent and one of the treasury depositories of the Commonwealth. The capital $1,875,000. Until late years it was under Quaker management. It had its trou bles in the United States Bank panies of 1837 39-41, but rapidly recovered after 1833, when the Commonwealth resumed payment upon the public debt. The circulation was usually about $800.020. The Girard Bank had a capital of $1,250,000, reduced to thissum after the great break-up of the United States Bank, with which it was unfortunately connected in its Missis sippi, Texas and local Post Note operations, from 1837 to 1842. The circulation about $470.000. The Commercial Bank of Penn sylvania isan old institution. with $1,000,000 of capital; never had serious trouble before, and managed for a great many years with extreme prudence by Mr. James Dundas, who left about the year 1846 or 1847. The circulation $260,000. As a further indication of the market in New York, we copy the following paragraph: The Stock Market. which had shown eviden ces of reaction. and had brought forward some few speculative buyers, earlier in the week flattened out to-day, and closed under depres sion New York Central. 65$: Erie 16: Reading 374; Illinois Central, 89; New York Central, 54 Michigan Southern, 19: La Crosse, 8: Galena, 67; Toledo, 33; Virginias, 841 Missouri, 70: THE nois Central Bonds, 833: and New York Central Sixes, 741. On Saturday the Peoples' Bank of Mil waukee, and the Badger State Bank of Janesville suspended. Both these Banks will resume as soon as the pressure is over and have considerable assets over liabilities. The other W isconsin Banks which have
