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LOUISVILLE, Dec. 31st.-The - Northern Bank of Kentucky has suspended specie payment. A doubtful rumor prevails, that the Cave City Hotel was burned by the secessionists to-day. Exciting rumors of a general engagement in Southern Ky., prevailed all day, but are generally discredited now, no notice having been received at headquarters. The Peoples' Bank of Bowling Green has been reorganized at Louisville by a new board of Directors, who assume the control of the bank, to-morrow.
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Suspension of Specie Payments. CLEVELAND, Dec. 30-All 1 the banks of this city suspended specie payments to-day. PITTSBURG, Dec 30 - -The news of the suspension of specie payments by the eastern banks was not wholly unexpected here, and created little or no alarm. Our banks have not generally suspended Three of their, It is understood, have suspended; but four are still paying specie, namely: the old Bank of Pittsburg, the Mechanleg' Bank, the Citizens' Bank, and the Iron City Bank. LOUISVILLE, Dec. 31.-The North Bank of Kentucky suspended specie payments to-day.
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in force, destroy Green Bridge and retire. All the regulars were thrown across the bridge ear. ly yesterday morning. Louieville, Dec. 31 -The North Bank of Kentucky has suspended specie payment. The People's Bank of Bowling Green has been reorganized at Louisville, by the choice of a new Board of Directors.
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From Kentucky. LOUISVILLE, Dec. 31.-The Northern Bank of Kentucky has suspended specie payment. A doubtful rumor prevails that the Cave City Hotel was burned by the Secessionists to day. Exciting rumors of a general engagement in Southern Kentucky prevailed to-day, but are generally discredited now, no notice having been received at headquarters. The Peoples' Bank at Bowling Green was reorganized at Louisville by a new Board of Directors, who assume the direction to-morrow.
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IMPORTANT FROM KENTUCKY. REPORTED BATTLE NEAR PADUCAH CINCINNATI, Tuesday, Dec. 21, 1861. A special dispatch to The Commercial, from Indianapolis, says that there are rumors of fighting in Kentucky to-day. Gen. Buell had ordered to Green River a regiment of fasileers and a regiment of light artillery before he went forward. Gen Backner's cavalry were yesterday within a short distance of our pickets, and it is supposed that be intended attacking Col. McCook in force, destroy Green Bridge, and retire. All the regulars were thrown across the bridge early yesterday morning. PHILADREPHIA Tuesday, Dec. 31, 1061. A private dispatch received here mentions as among the killed at the battle of Paducah, Capt. AIbert Bacon of this city. Capt. Bacon belonged to a Kentucky regiment raised near Frankfort. The dispatch gives no particulars of the battle. LOUISVILLE Toe day. Dec. 31, 1064. The North Bank of Kentucky has suspended specie payment. A doubtful rumor prevails that the Cave City Hotel was burned by the rebels. Exciting rumors of a general engagement in Southern Kentucky have prevailed all day, but are generally discredited now, no notice thereof being received at headquarters. The People's Bank of Bowling Green has been reorganized at Louisville by the choice of a new Board of Directors, who assame direction of the bank tomorrow.
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MATTERS IN KENTUCK Y. Rumors of an Engagement Beyond Green River-Not CorroboratodOther Matters. CINCINNATI, Dec. 31.-A special dispatch to the Commercial, from Indianapolis, says there are runiors of a fight in Kentucky to-day. Gen. Buell ordered to Green River a Regiment of fusileers and a regiment of light artillery before he went forward. Buckner's Cavalry were yesterday within a short distance of our pickets, and it is supposed intendedattacking McCook in forcound to destroy Green River Bridge and retire: All the regulars were thrown across the bridge yesterday morning. LOUISVILLE, Dec. 31.-The Northern Bauk of Kentucky has suspended specie payment. A doubtful rumor prevails that the Cave City Hotel was burned by the secessionists, to-day. Exciting rumors of a general engagement in Southern Kentucky prevailed all day, but are generally discredited now, no notice having been received at headquarters. The People's Bank, at Bowling Green, has re-organized at Louisville with a new Board of Directors who assume the direction of the bank to-morrow.
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More Bank Suspensions, The Northern Bank of Kentucky, at Louisville, has suspended specie payment. The Pittsburgh Post, of Jan. 1, states that the Citizens', Exchange, Merchants' and Manufacturers, and Allegheny Banks had suspended the day previous.
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flag of truce from Old Point brings to the office of the Noriolk Day Book the New York Herald of the 3d inst. The Herald says Mason and Slidell sailed in the Rinaldo from frovidencetown on the 1st of January, in a perfect horricane. Gen. MeClellan is much improved. Three thousand troops for Butler's expedition saited of the Constitution on the 3d of January. Gen. Williams, of Kers, is ereeting fortifications to command Detroit. The Spaniell troops entered the city and fort Vera the 17th of December, without opposition the Mexicans abandoned their artillery and monitions of war. The French fleet has arriged at Havana. The London Times is highly indignant at the stone blockade, and calls it an act of hostility to the whole human race. The French press criticises Lincola's message unfavorably. Rumors of Battles in Western Virginia. RICHMOND, Jan. 6.-In the absence of official facts, we give the following Many extravagant reports have prevailed at Staunton during the past two days about Col. Johnson's movements at the Alleghany Mountains and the approach of Fed erals, but many of them are discredited. This afternoon we have a report of a battle near Romney, and our taking 500 prisoners also, a skirmish near Hanging Rock, between Winehester and Romney. But, like the former reports from the Mountain region, there are postions probably true, but they are confused and unreliable. From Lincolndoa.viaaRichmond RICHMOND, Jan. -The New York Herald of the dinst. is received. The Herald's Washington correspondent says: McGlellan is advancing in the drilling and disciplining of the army; also, in the receiving of supplies. He yaill soon advance his columns on the Potomac and by sea. The cause of his retarded movements. has been the delay of the fleets, and the difficialities with England. Bank Failure.in.Kentnaky LOUISVILLE, Dec. 31.-The Northern Bank of Kentucky has suspended. The People's Bank, formerly at Bowling Green, is reorganized at Louisville. The rumors of engagements in Southern Kentucky are unreliable. Gen. Buckner's Movements. CINCINNATI, Dec. 31.-Buckner's cavalry, on yesterday, were near the Federal pickets, and it is supposed he intends attacking McCook in force and destroy Green river bridges, then retire. Federal Reconnoisances WASHINGTON, Dec. 31.-Federal reconnoisances show that the Confederates have strong picket guards beyond Drainesville, but no troops at that place: further, that the Confederates have moved their outer lines backwards a few miles, indicating that they are going into winter quarters. The Maryland Legislature has met. H. Winter Davis, Reverdy Johnson and Thomas Swann are competing candidates for the Federal Senate. Mason andSlidell en route for Europe. BOSTON, Jan. Messrs. Mason and Slidell have left for Providencetown there they will take passage on the steamer Rinaldo for Europe. Col Hugh MeLeod's Remains. RICHMOND, Jan. 6.- The body of Col., Hugh McLeod is in this city, en route for Texas. He died at Dumfries, on the 3d inst. Col. McLeod was a native of Georgia, and commanded the celebrated Santa Fe expedition under President Lamar. Congressional Proceedings. RICHMOND Jan. 6.-In Congress to-day culogies were delivered by Mr. Ochiltree of Texas, Mr. Johnson of Arkansas, Mr. Boyce of South Carolina, and Mr. Price of Virginia, on the death of Judge Hemphill, of Texas. After which appropriate resolutions were adopted and a committee of one from each State appointed to arrange the funeral ceremonies. The funeral ceremoniss will take place to-morrow, at 11 A. M. No other business was transacted. The mem. bers of Congress are daily returning from the enjoymont of the holidays. Louisiana Legislature BATON ROUGE, January 6.-In the Senate, the Hon. A. M. Gray, on sufficient evidence having been shown of his election, was qualified and took his seat as Senator for the parishes of Avoyelles, Pointe Conpee and West Feliciana. In the House, the bill incorporating the New Iberia and Sabine Railroad was passed. A joint resolution passed both Houses, tendering to Gov Jackson, of Missouri, now in the city of New Orleans, the hospitalities of the State, and inviting him to visit Baton Rouge: after which both Houses adjourned, on account of the death of Hon. Matt Brown, a representative from the parish of Orleans. From Menaphis. MEMPHIS, Jan. ---Gen. Jeff Thompson leaves on to-morrow for New Orleans. Gen. Pr.ce is reported at Springfield, with ten thousand, men, Military movements to clear out the Federals in Northern Missouri wil! be made soon.
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DEATH BY DROWNING.-On Sunday last several boys being upon Shockolog Pond, in Copley, sliding and skating. Norman Bosworth, aged about 15 years, a son of Delos Bosworth, Esq., broke through the ice and was drowned.-Alron Beacon. The debt of Aleghany county, Pa., including Pittsburgh and Alleghany City, is nearly seven million, seven hundred thousand dollars, and the value of the tax able property is but twenty-eight millions. BANK SUSPENSION.-The Northern Bank of Kentucky, at Louisville, and the Citizens, Exchange, Merchants, and Manufacturers, of Pittsburgh, and Allegheny Banks, have suspended specie payments. The Lake Officers resident in Buffalo are moving to organize an Independent Naval Corps, to be about 300 strong, and the seamen of Oswego are organizing a Naval School in that city. The Ohio State Board of Agriculture will hold its annual session at Columbus on the 8th of January. The Sorghum State Convention will be held at Columbus the day previous. THE STATE BANK.-The State Journal says that at a meeting of the Board of Control of the State Bank of Ohio held on Friday, it was resolved not to suspend specie payment. The French transport ship, the Resource, bound to Callao, 40 miles south foundered of Valparaiso. She had over 600 souls on board 'only 5 or 6 of whom were saved. Mrs. L. Udell, of Freedom, Portage Co., was SO badly burned by her clothes accidentally taking fire on Friday, that her life is despaired of. A wedding occured at a church in Boston, at which the bride appeared in white, and the two bridesmaids respectively in red and blue. The Bank of Tennessee, at Nashville, is issuing notes from one dollar do wn to five cents! Themas Francis Meagher has been appointed a Brigadier General.
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Yankee Telegraphic News. The following highly interesting and important Northern news is copied by the Louisville Courier from late St. Louis, Cincinnati and New York papers, received through its special arrangements [Times' Special.] IRON CLAD STEAM BATTERIES TO BE CONSTRUCTED-New York, December.- The Navy Department is sending out specifications inviting proposals from ship builders throughout the country, for the construction of iron clad steam batteries. The Government is very anxions that this class of war vessels should be immediately constructed. GEN. PRICE AT SPRINGFIELD.-Ottervitle, Mo. Dec. 31.-One of our men, captured by the rebels near Clinton, and carried to Springfield, has just returned, having left that place Christmas. He says Price, with 8000 men, had taken all the houses in Springfield for his troops, turning women and children into the streets. He had unloaded his wagons, and was making preparations for a long stay. The people of Arkansas refused to allow Price to enter that State with any other troops than those regularly enlisted in the Confederate service, and he had only 1500 men enrolled in that service. The country north of Springfield was full of men returning from Price's army, who said if they were permitted to return home and take the oath of allegiance, Price would be left with only his regular Confederate troops. Since Gen. Pope's rapid operations last week, there is perfect quiet in all the region between the Missouri and Osage rivers, not a rumor of rebel camps or squads being heard. SUSPENSION OF THE NORTHERN BANKS.-Louisville, Dec. 31.-The Northern Bank of Kentucky has suspended specie payment. A doubtful rumor prevails that Cave City Hotel was burnt by the Secessionists to day. Exciting rumors of a general engagement in Southern Kentucky, prevailed all day, but are generally discredited now, no notice having been re ceived at headquarters. The People's Bank, at Bowling Green, has reorganized at Louisville, by a new Board of Directors, who assume the direction of the bank to morrow. GEN. BRENHAM RELEASED BY ORDER OF GEN. McCLELLAN.-Ne York, Dec. 31.-A private dispatch received from Washington states that Gen. McClellan, on investigating the specifications of charges against Brigadier-General Brenham, has ordered him to be released from arrest, and he is to be ordered at once to duty. HAVE WE A RIGHT TO BLOCKADE HARBORS WITH STONE?- Halifax, Dec. 31.-Passengers by the Asia here report a rumor that the blockade of Charleston harbor with stone is likely to lead to difficulty with European powers. It is further rumored that England's warlike preparations will continue in view thereof, and that the surrender of Mason and Slidell are not the whole of England's demand. The steamship Asia will sail at 6P. M. for New York. Papers between the Atna and Asia contain no real news. The Paris correspondence says the belief that hostilities between England and America will not be arrested has become more general. The Admiralty had notified that instructions had been sent to protect British shipping in the India and China seas. t New York, Dec. 31.-The London Morning Post reports the instructions to Lord Lyons combine such judiciousness and temperature of procedure that the American, most tender of his pride, will be unable. to complain of England's course as menacing or haughty. A telegram, of the 20th instant, from Berne, I, Switzerland, contains the following important anle nouncement: e The Federal Council has received the circular e addressed by the French Government to the in European powers, declaring that the arrest of Mason and Slidell was contrary to principles which are regarded as essential to the security of of neutral flags. The circular states that the French d Government deemed it necessary to submit this opinion to the Cabinet at Washington, in order to determine it to make concessions which the French Government considered indispensable. A large meeting of officers and masters in the Mercantile Marine had been held at London, and they had resolved to heartily cooperate with the Government whenever their services might be required. The Shipping Gazette says that either our merchantmen must be armed, or the Government must detail a number of the fastest and most efficient ships to watch American privateers. Mr. Cobden, in a letter declining to attend a public meeting at Brighton, strongly advocates arbitration in the American dispute, and says that the object of all national men and true patriots, should be to enforce principles of mediation on our Government, on the terms of agreement made at the Paris Congress.