Manufacturers & Farmers Bank (Wheeling, VA)

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The Monetary Crisis

The Richmond Dispatch of yesterday says: The banks here yesterday did a moderate businessand closed firm. A telegraphic despatch was received in the morning, announcing that brokers' agents bad passed through Washington, with from $30,000 to $100,000 in notes, to be redeemed in this city and Petersburg. The despatch was immediately sent to the banks here. but created no uneasiness, as it is stated that they have enough specie in their vaults to stand any run that can be made. If the despatch was correet, the holders of the notes have deferred their action, as no run was experienced. The notes of all independent banks were thrown yesterday. The presidents of the several banks in Alexandria have held a meeting and recommended at their respective boards an immediate suspension of specie payments for the present. The suspension of the Farmers' Bank of Elizahetb City, N. C., has caused quite a sensation at Petersburg, Virginia, where almost every one holds more or less of its notes. The refusal of a bank in Virginia to redeem its notes on demand does not affect its charter, but the law enables the holder (not being a suspended bank or corporation) to recover the same, with interest at the rate of twelve per cent. per annum. The amount may be recovered by motion or warrant. The officers of three of the banks in Norfolk held a meeting on Monday, and decided that it was under present eircumstances unnecessary for them to suspend-no extraordinary demands for specie having been made on them-and that for the present they would continue their operations as usual. In case of any unusual run, however, it is believed they will suspend. The Merchants and Mechánics', Northwestern Virginia. Bank of Wheeling, and Manufacturers and Farmers' Bank in Wheeling, in accordance with a wish expressed by a meeting of citizens, suspended specie payment on Monday. There was a considerable run before the suspension took place, on the part of brokers and bankers from abroad. The Richmond Whig thinks a suspension of specie payment by the Richmond Banks would be the best policy. The w inchester Virginian says the banks there suspended in consequence of the brokers in Baltimore demanding coin for a large amount of notes, instead of receiving checks, as heretofore' on the Baltimore banks. A letter from Norfolk alleges that a Baltimore broker has bought $17,000 of the notes on the Norfolk Banks at ten per cent discount, and is expected in that city in a few days to demand the specie. The Bank of Berkley, at Martinsburg, has suspended. The St. Louis Democrat of Saturday evening: complains of an excessive tight money market there, but, speaking of the only three banks in that city, says they will not suspend. The want of concert of action among the banks of Philadelphia, by which the wants and necessities of the great body of the people may be better subserved, is creating much feeling in that city,

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FINANCIAL MATTERS

There is little excitement in financial circles now, and everything seems to be subsiding with its usual quiet. The banksat Alexandria, Va., suspended Wednesday, in accordance with the wishes of the citizens. A run was made on the bank at Howardsville, Albemarle county, Va., Monday, which was withstood, but on Tuesday it suspended. The Philadelphia Ledger, of Wednesday eveng,speaking of the banks there, says: The banks again yesterday further extended their discounts, and we understand it is the present determination to continue this policy. As such a course does not favor the earliest resumption of specie payments, it is, to say the least, likely to create opposition in the Legislature, called to afford relief for liabilities incurred.What the public want is good and reliable currency, and if this has been lost by the indiscreet ac tion of banks and of individuals, they have right to ask relief from the Legislature of a pecuniary character. The great purport of assembling the Legislature, should be relief to the community in the shape of currency, and in doing this, it may be thought advisable to afford political relief to the banks, on condition that they will resume specie payments at an early day. By an early day, mean as early as the first of January, should the New York Banks continue to pay specie; and, if they should suspend, then to resume simultaneously with them. The idea of a long suspension should not find favor with the publci, who have a right to demand convenient and reliable currency. and with the view of narrowing the time of suspension as much as possible, public opinion should hold the banks strictly to the line of their duty-the collecting of debts due to them. and applying the proceeds to the payment of what they owe. Lending money, when they confess inability to pay their existing indebtedness, is preposterous. They may collect by instalments-giving time, and thus affording accommodation to debtors, and realizing the most for themselves-but in their present discredited condition to become money-lenders, places them in a false condition before the Legislature, and will awaken distrust in the community as to their professions for an early resumption. THE SUSPENSION IN WHEELING. The suspension of the banks in Wheeling, Va., created but a temporary excitement, of which the Intellgencer, of Tuesday, says: The Merchants' and Mechanics', North Western Virginia, Bank of Wheeling, and Manufacturers and Farmers' Bank, in accordance with a request expressed by a meeting of citizens, and in common with .banks East, yesterday morning suspended specie payment. Everything was prepared for an extensive run, and when the banks opened a considerable rush was made for the counters. Up ten o'clock, Main street, in the vicinity of the monied concerns, was pretty well crowded, and instead of long faces a feeling of satisfaction seemed to prevail among most of those present. The banks continued to transact the usual business. and by f twelve o'clock the excitement seemed to have altogether subsided, Alarge number of laborers women, holders of five's and ten's on the banks, 8 besieged the institutions for the specie, but when assured that the money was good and the banks solvent, they proceeded about their business with a sort of wondering, doubting satisfaction. Those 1 who had no notes on the Wheeling banks or any other bank, (and they formed no mean portion of the crowd assemble.) were particularly humorf ous, and affected to consider the whole matter as e an excellentjoke. 8 The Presidents of the banks, among other resoe lutions, passed the following: d Resolved, That we adopt this determination with 0 a full conviction of our ability to resume, and that the business of each Bank will be carefully r conducted with a view to accomplish this end, and at as early a day as possible. ITHE ST. LOUIS BANKS. y 8. The St. Louis Democrat, of Saturday evening, 8. complains of an excessive tight money market 18 there, but speaking of the only three banks in that n city, says: Our banks won't let down. They have been for1, tifying themselves against any crisis that might Scome, and even in the possibility of a run could well withstand the demands of their depositors.1e Their resources now consist principally of maturie ed exchange, which would be abundantly large; b. for any run that might take place would be light in -the majority of depositors having already withot drawn their money. The statement of the threee of banks shows an increase of coin on hand of nearly to a quarter of a million. The Mechanics' Bank il, seems to have fallen off in coin over $20,000, which 10 we can hardly account for. The figures, however, ic, may have been incorrectly published. Our banks, as then, will not let down. The banks themselves ch know what their interests are and won't let any he one of their number suspend. re The Winchester Virginian says the Banks there e suspended in consequence of the brokers in Baltich more demanding coin for a large amount of notes NO instead of receiving checks, as heretofore, on the D, Baltimore Banks. The Bank of Berkeley, at Mar dtinsburg, Va., has suspended. In the Baltimore bd City Council, Wednesday evening, a resolution It pointing a committee to investigate the propriety of the corporation issuing notes of less denomina 11 tion than $5, was adopted by the first branch, but 1defeated in the second The Charlottesville Jeffersonian, speaking of the 1, 1. suspension of the Bank of Monticello, says that bsince the date of its charter, not $100 have been is lost by its operations: and that every existing liability now due, is confidently believed to be perfectly safe.

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The London Times of Sept

18 says: Money in the Stock Exchange to-day was not in excessive demand. and the rate was ₽ cent, but in the discount ma and at the Bank the inquiry was very active. A transaction took place in Bank stock after the half-yearly meeting at 218 with dividend. India stock was quoted at 210 to 212; India Bopds, 23 to 16 discount; and Exchequer bills, 7 to 3 dis. COULT. In the foreign stock market the transactions have been limited The closing prices of the French Three p Cente on the Paris Bourse this evening failed to arrive, but some transactions took place shortly after the opening at 66f. 50c. for the end of the month, showing continued flatness. At the same time Credit Mobilier shares were quoted 710f-a further decline of 40f. The position of the Bank of France does not improve, and they have lost bullion during the past week. At Vienna the market remains without recovery, but at Hamburg there is less pressure, the rate of discount having receded to 5 p cent. The half-yearly Court of the Proprietors of the Bank of England was held to day, the Governor, Mr. Sheffield Neave, in the chair. The dividend recommended was 5A P cent. free of income tax. The profits for the half year have been £775,650, making the total rest" on the S1st of August £3,840,625, which after payment of the proposed distribution, will stand at £3,040,210 As the dividedd is larger than for the previous half year. a ballot for its confirmation will be necessary. The London Daily News says: The demand for money in the discount market and at the Bank was to-day brisk, but not excessive. Full rates are ex. acted. The value of money in many parts of the Continent is rising. Following the movement of the Bank of Amsterdam, the Bank of Munich has raised its rate of discount to 5) P cent, and an advance is apprehended at Vienna and Frankfort. The London Shipping and Mercantile Gazette of the evening of the same day remarks: The inquiry for money increases. This is partly accounted for by the amount of bills under discount, for the purpose of shipping gold to the Continent in payment of silver, which operation is absorbing nearly all the recent supplies, and already about half or more has been so bought up." The London Daily News, in noticing the business the previous day, says: A considerable amount of business was again done to day in Illipois Central Railroad shares at a further advance. Transactions took place from 4 to 5th premium, and the closing quota tion was to 5 premium. The Company's bonds. 1875, which three days ago were quoted at 30 to 82 cum div., closed to-day at 30 to 82 ex div., showing an improvement of sp cent." A large number of the leading capitalists of St. Louis have guaranteed the deposits in the house of Jas. H. Lucas & Co, and of Rennick & Peterson. The Galena Gazette learns that arrangements are about being made by which the Rock River Bank of that city will resume its business immediately. The Bank of Fredericksburg has suspended specie payments, except in small sums to meet the actual wants of customers. In Richmond the notes of all independent Banks are thrown out. The Presidents of the several Banks in Alexandria recommend to their respective Boards an immediate suspension of specie payments. The Merchants' and Mechanics' Northwestern Bank of Wheeling, and Manufacturers and Farmers' Bank of Wheeling, in accordance with a wish of the citizens, suspended, but not before a run from the brokers and bankers from abroad. The Winebester suspended in consequence of the brokers of Baltimore demanding coin for a large amount of notes, instead of receiving checks as heretofore on Baltimore Banks. The Bank of Beverley, at Martineburg, has suspended. Says The Richmond Whig, Oct. 1: The Banks are steadfastly adhering to the position assumed by them several days since. There was no run ou the Banks here yesterday, and the feeling in the community is evidently more buoyant. The Enquirer also says: The fact is, no one here entertains the least idea that the Banks of Richmond will have occasion to suspend specie pay. ments They are strong, have the entire confidence of the com. munity. and they are doing everything to smooth the troubled waters." Gold in Baltimore has fallen to 2 ₽ cent premium. Exchange on the North, 4 ₽ cent premium. The Jersey City Sentinel says: There is not a single New Jersey bank at present in a state of suspension. The State Bank at New Brunswick and the Bergen County Bank, the only two which suspended, resamed almost immediately, and none others are now likely to go down." Relative to the failure of E. J. Tinkham & Co., The Chicago Press remarks: The cause of the suspension is the fact that . large amount of

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VIRGINIA

THE CONDITION OF THE VIRGINIA BANKS. [from the Richmond Son n, Oct. 6] The following table. we believe, includes all the banks in the State, and are classified according to the information in our possession. One curious revelation will be 0 served, and that 18, that not a solitary branch of the Bank of Vir ginis, au far as heard from, has suspended specie payment :OLD BANKS PAYING -Farmers' Bank of Virginia, Charlotesville: Farmers Bank, Bank of Virginia, Danville: Farmers' Bank, Farmille: Farmers' Bank of Virgi nia. Bank of Virginia, Frederickabare; Farmers' Bank. Exchange Bank, Bank of Virginia, Lynchburg: Exchange Bank of Virginia, Farmers' Bank, Bank of Virginia Nor folk: Exchange 9ank Farmers' Bank, Bank of Virgina, Peteraburg: Bank of Virginia, Portsmouth; Farmers' Bank, Bank of Virginia. Exchange Bank, Richmond. INDEPENDENT BANKS PAYING SPECIS.-Fairmont Bank, Fairment; Bank of Secttavi Boostaville; Bonk of Rock bildge, Lexington: Merchants' Bank, Lynchburg. OLD BANKS SURPENDED-Exchange Bank of Virginia, Farmers' Bank of Virginia, Alexandria; Bank of the Val ley, Charlestown: Bank of Valley, Christiansburg: Bank of the Valey, Leesburg; Bank of Valley, MoorSeld; Merchanis' and Mechanics' Baok, Morgantown; North western Bank of Virginia, Parkersourg; Merchants' and Mechanics', Point Pleasant: Bank of Valley, Romney; Bank of Valley, Staunton; Northwestern Bank, Weltsburg; Merchanis' and Mechanic.', Northwestern Bank, Wheeling: Bank of Valley, Farmers' Bank, Winchester INDEPENDENT BANKS SUSPENDED.-Bank of the Old Do minion, Alexandria; Bank of Monticello, Charloitesville; Bank of Commerce, Fredericksburg; Bank of Howards ville, Howardsville: Bank of Rockingham, Harrisonburg; Bank of Berkely. Martineburg; Central Bank, Stauntoa; Bank of Wheeling, and Manufacturers' and Farmers' Batk, Wheeling: Bank of Wiechester, Winchester. OLD BARKS NOT HEARD FROM -Exchange Bank, Abing. don: Farmers' Bank, Blacksburg; Bank of Virginia. Ba chanan: Bank of Virginia, Charleston; Exchange Bank, Clarkaville: Northwestern Bank, Jeffersonville; Farmera' Bank, Lew isburg; Exchange Bank, Salem; Bank of Vir. Rinia, Union; Farmers' Bank, Wytheville; Exchange Bank, Weston. INDEPENDENT BANKS NOT HEARD FROM -Farme* Bank, Fincastle: Allegbany Bank, Jeffersonville; Bank of the Old Dominion. Pearisburg The K.pawhs Bank at Malden, in Kanswha county, was paying at last accounts. There are rumors that the Exchange Bank at Weston, and the Fairmont Bank, at Fairmon: have suspended. out the rumors are 20 vague that we preferred a different classification. The Trans Allegbany Bank has gone out of circulation, and probably should 00 dismissed from the list altogether. The Kanawha Bank at Malden has not been heard from since the general suspension. The banes classified ss " not heard from" were specie paying institutions when last heard from. It is fair to pre sume that some of them-indeed probably a majority-are still of that class. TENNESSEE. FINANCIAL EMBARRASSMENT-SUSPENSION OF THE BANK OF NASHVILLE. [From the washvi le Banner, dept. 29] We regret to have to announce that the embarrassments in financial and commercial circles which have prevailed in the Northern and Eastern cities for several weeks, have reached our own community, and that yesterday our citizens were electrified with the announcement that the Bank of Nashville, one of the oldest and largest of the free banks, had suspended. This announcement was confi-med by the posting of the following circular on the public and private door of that institution yesterday:BANK OF NASHVILLE Sept. 28, 1857. In consequence oprejudicial and "afounded reports relative to the solvency of this bank, causing a large number of depositors to withdraw their funds, besides A heavy d'mani for coin. we have been foreed to suspend payments for the present. We beg of our friends to take no action in the matter for a few days not we have had time for reflection as to the bent ceurse to be pursued Our assets are ample to pay all and they shall be faithfully applied N. HOBSON, President W HELESS Oashier To place creditors of the Bank of Nashville beyond add rubts we have actermined to convey our private property as addiЮВ a security to be used in the event of accessity reserving only enough to pay our private indebledness, which is small. N. HOBSON, W. WHELESS. The bank steps were crowded yesterday by depositors and note holders, and considerable excitement exis ed. At the same time we discovered among the better informed a great degree of confidence in the ability of the bank to pay out, and we most unhesitatingly vise all noteholders not to submit to any unnecessary secrifice. The high charas ser of the President and Cashier is ample guarantee, where they are known, that no unfair advantage will be waken of their creditors: and we have the assurance of a leading member or the bar in this city, and a gentleman of the highest standing, who has thoroughly investigated their affaire, that the assets are abundantly adequate to uld mately discharge every liability. MERTING OF MEBUHANTS. A meeting of and citizens was held yesterday

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[From the Predericksburg Herald ] The Condition of the Virginia Banks, Although little or no excitement prevails in the minds of the Virginia public in reference to the solvency of the several Banking Institutions in the State/there is nevertheless a good deal of feeling abroad, and much interest excited, as to which are, and which are not, redeeming their issues in specie. To meet this general demand, we have compiled the following table, which we believe includes all the Banks in the State, and classified them accordingly to the information in our possession. We have examined our exchanges closely, and obtained information in other quarters, and think the table reliable. Our purpose is to present facts. One curious revelation will be observed, and that is, that not a solitary Branch of the Bank of Virginia, as far as heard from, has suspended specie payment. Old Banks paying Specie Charlottesville-Farmers Bank of Virginia, Danville-Farmers Bank, Bank of Virginia, Farmville-Farmers Bank, Fredericksburg-Farmers Bank of Virginia, Bank of Virginia, Lynchlurg--Farmers Bank, Exchange Bank. Bank of Virginia, Norfolk--Exchange Bank of Virginia, Farmers Bank, Bank of Virginia, Petersburg--Exchange Bank, Farmers Bank, Bank of Virginia, Portsmouth--Bank of Virginia, Richmond- Farmers Bank. Bank of Virginia, Exchange Bank, Independent Banks paying Specie. Fairmount--Fairmount Bank, Scottsville-Bank of Scottsville, Lexington--Bank of Rockbridge, Lynehburg-Merchants Bank, Old Banks Suspended Alexandria--Exchange Bank of Virginia, Farmers Baok of Virginia, Charlestown-Bank of the Valley, Christiansburg--Bank of the Valley, Leesburg-Bank of the Valley, Moorefield-Bank of the Valley, Morgantown-Merchants & Mechanics Bank, Parkersburg-North Western Bank of Va. Point Pleasant-Merchant & Mechanic, Romney--Bank-of Nalley, Staunton--Bank of Valley, Wellsburg North Western Bank, Wheeling-North Western Bank, North Western Bank, Winchester-Bank of Valley, Farmers Bank. Independent Banks Suspended. Alexandria--Bank of the Old Dominion, Charlottesville-Bank of Monticella, Fredericksburg-Mank of Commerce, Howardsville--Bank of Howardsville, Harrisonburg-Bank of Rockingham, Martinsburg--Bank of Berkeley, Staunton-Central Bank, Wheeling-Manufacturers & Farmers Bank, Bank of Wheeling, Winchester Bank of Winchester. Old Banks not heard from Abingdon-Exchange Bank, Blacksburg--Farmers Bank, Buchanan-Bank of Virginia, Charleston Bank of Virginia, Clarkesville--Exchango Bank, Jeffersonville--North Western Bauk, Lewisburg-Farmers Bank, Salem-Exchange Bank, Union-Bank of Virginia, Wytheville--Farmers Bank, Westen-Exchange Bank. Independent Banks not heard form. Fincastle Farmers Bank, Jelfersonville--Trans-Alleghany Bank, Pearisburg-Bank of:01d Dominion The Kanawha Bank at Malden in Kanawha county, was paying at last recounts. There are rumors that the Exchange at Weston, and the Fairmount Bank at Fairmount, have suspended, but the rumors are SO vague that we proferred a different classification. The Trans-Alleghany Bank has gone out of circulation and probably should be dismissed from the list altogether. The Kanawha Bank at Malden has not been heard Promisince the general suspension. The Banks classified 38 "not heard from" were specie paying institutions when last heard from. It is fair to presume that some of them-indeed probably a majority-are still of that class.

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CONDITION OF THE VIRGINIA BANKS

FROM THE FREDERICKSBURG HERALD. Although little or no excitement prevails in the minds of the Virginia public in reference to the solvency of the several banking institutions in the State, there is, nevertheless, a good deal of feeling abroad and much interest excited as to which are and which are not redeeming their issues in specie. To meet this general demand we have compiled the following list, which, we believe, includes all the banks in the State, and classified them according to the information in our possession: Old Banks paying specie.-Charlottesville, Farmers' Bank of Virginia; Danville, Farmers' Bank and Bank of Virginia; Farmville, Farmers' Bank; Fredericksburg, Farmers' Bank of Virginia and Bank of Virginia; Lynchburg, Farmers' Bank, Exchange Bank, and Bank of Virginia; Norfolk, Exchange Bank of Virginia, Farmers' Bank, and Bank of Virginia; Petersburg, Exchange Bank, Farmers' Bank, and Bank of Virginia; Portsmouth, Bank of Virginia; Richmond, Farmers' Bank, Bank of Virginia, and Exchange Bank. Independent Banks, paying specie.-Fairmount, Fairmount Bank; Scottsville, Bank of Scottsville; Lexington, Bank of Rockbridge; Lynchburg, Merchants' Bank. Old Banks ispended.-Alexandria, Exchange Bank of Virginia and Farmers' Bank of Virginia ; Charlestown, Bank of the Valley; Christiansburg, Bank of the Valley; Leesburg, Bank of the Valley; Moorefield, Bank of the Valley; Morgantown, Merchants' and Mechanics' Bank; Parkersburg, Northwestern Bank of Virginia; Point Pleasant, Merchants' and Mechanics' Bank; Romney, Bank of Valley; Staunton, Bank of Valley; Wellsburg, Northwestern Bank; Wheeling, Merchants' and Mechanics' Bank and Northwestern Bank; Winchester, Bank of Valley and Farmers' Bank. Independent Banks suspended-Alexandria. Bank of the Old Dominion; Charlottesville, Bank of Monticello; Fredericksburg, Bank of Commerce; Howardsville, Bank of Howardsville; Harrisonburg, Bank of Rockingham Martinsburg, Bank of Berkeley; Staunton, Central Bank; Wheeling, Manufacturers' and Farmers' Bank and Bank of Wheeling; Winchester, Bank of Winchester. Old Banks not heard from.-Abingdon, Exchange Bank; Blacksburg, Farmers' Bank; Buchanan, Bank of Virginia; Charlestown, Bank of Virginia; Clarkesville, Exchange Bank; Jeffersonville, Northwestern Bank; Lewisburg, Farmers' Bank; Salem, Exchange Bank; Union, Bank of Virginia; Wytheville, Farmers' Bank; Weston, Exchange Bank. Independent Banks not heard from.-Fincastle, Farmers' Bank; Jeffersonville, Trans-Alleghany Bank; Pearisburg, Bank of the Old Dominion. The Kanawha Bank, at Malden, in Kanawha county, was paying at last accounts. There are rumors that the Exchange Bank, at Weston, and the Fairmount Bank, at Fairmount, have suspended, but the rumors are so vague that we preferred a different classification. The Trans-Alleghany Bank has gone out of circulation, and probably should be dismissed from the list altogether. The Kanawha Bank, at Malden, has not been heard from since the general suspension. The banks classified as 'not heard from" were speciepaying institutions when last heard from. It is fair to presume that some of them, indeed probably a majority, are still of that class.

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The Financial Crisis, &c. NEW YORK. October 10.-The East River Bank has suspended. BOSTON, October 10-Financial matters continue much depressed; the merchants, however, are generally meeting the payment of their notes. No new failures are announced. The evening papers of to-day represent money matters as less favorable than yesterday, but there is no apparent excitement Thestock market has again commenced to decline under orders from holders to sell at the best rates offered. Bank stocks also share in the depression, and there are far more sellersthan buyers. The principal decline to-day, how ver, was in the shares of the Merchants' Bank, which fell off three per cent., closing at 95 bid. The report of the failure of the Boston Belting Company-Tappan & McHenry agents-was in. correct, and probably originated trom the fact that they stopped their works for the periodical cleaning of the machines It is said their assets exceed their liabilities $500,000. LOUISVILLE, October 10.-The failure of A. D. Mansfield, clothing warehouse, is announced today. Mr. Smith, the proprietor of Owens's Hotel, also found it necessary to make an assignment this forenoon. HEELING, Oct. 10-The report of the failure of the Manufacturers' and Farmers' Bank of this city is entirely false. That bank had only $25,000 in circulation previous to the suspension, and are now drawing in as fast as possible. The other banks of this city are in a sound condition. RICHMOND, Oct. 10.-The Governor has issued a proclamation prohibiting the notes of the Bank of Kanawha from being received in payment for money due the State, that bank having refused to redeem its notes and removed a large amount of its assets beyond the limits of the State. AUGUSTA, Oct. 10.--Reliable telegraph news from Charleston announces the suspension of the Bank of the State of South Carolina, a State institution, of which C. M. Firman is president. NEW ORLEANS, Oct. 10.-The cotton market has further declined one cent per pound since Wednesday, and middling is freely offered at 12 cents. The total decline within the past ten days has been four and aquarter cents per pound. Sterling has also declined. and the best bills on London are nominally 93a96, or from four to seven per cent. discount. In freights there is no change, and engagements are limited. DETROIT, Oct 9.-Produce is fast accumulating at this port. Very little is going forward, on account of the derangement in currency and the uncertainty of the eastern markets. The stock of flour on hand is larger than at any previous period of this season. The receipts of flour by railroad yesterday amounted to 2,250 barrels, and of wheat to 10,000 bushels. The Michigan Central Railroad boats plying between Detroit and Buffalo will be laid up as fast as they arrive at this port. [SECOND DISPATCH.] NEW YORK, Oct. 12.-Messrs. Corning & Co., bankers, suspended on Saturday. They were large stockholders in the Southern Bank of New Orleans. Kansas Election-Conflicting Reports. Sr. LOUIS, Oct. 10-The Republican has returns from Kansas which put down the Democratic majority in Leavenworth at 244, in Atchison 63, and Doniphan 50. In Johnson county the Democrats are reported to have a large majority, and the Democrats are understood to have been successful likewise in Jefferson. In Douglas county the Republicans are said to have a majority of 1,165, and in Shawnee a majority of 350. The Legislature, according to the same authority, is certainly Democratic, while for Congress, Parrott, the Republican candidate, is alleged to have been successful. Leavenworth advices state that by the returns of the Kansas election, received up to the 8th, only heavenworth county had so far given a Democratic majority. Returns, given as authentic, give a Republican majority in six counties of over 2,000 votes. Later advices from Kansas state that Parrott, (Free State,) for Congress, has a majority of from 5,000 to 8,000. According to the estimate of the Free State men the Legislaturestands: CouncilRepublicans 9, Democrats 4; House-Republicans 24, Democrats 15. Johnson county gives a Democratic majority of 250.