Chicago Daily Tribune Newspaper, September 26, 1873, Page 8

8 e THE CHICAGO DAILY‘ TRIBUNE: FRIDAY, SEPTEMBLER 26, 1873, THE FINANCIAL SITUATION (Continued From the First Page.) Yo savings banks can requlre, and, na 1t was cloar at 2 o'clock that & regulst run of formidablo dimen= Mons had commouced, 1t waa judged bost to wuspond paymient until tho dxcltoment should havo +diminlslied, and tho doora tlosod ab 11:30, F., 8tz & oy, privato baukers on Griawold slragt, closed thelr doors, thore bolug somothing of o rulh on them, and they dolng romoihing in thio way of o savings busl- Woss, Thero are ND OTHER BURPRNAIONS, snd towards tho closs of tho afterucon thero wsn caltuor fooling, Othier Lnks hero aro in strong con~ ditlon, and feel confident that they cannot bo forced 4ntosuspension, Tho City Bank, small concorn, will {0 fato Uquidation aud eloso up it bustness, Bl 4 ST. LOUIS. . Spectal Dispatch to The Chicago Tribuns B1, L.outs, Sopt, 25,~Tho 8t, Louls bauks kopt up o bald front unthl to-day, when tho nows camo it tho fbanks of Chicage and Clnclunati had followed tho ox wwplo of Now York, Thoy at onco XIELDED TO TIth PRESSURE, A meoting o called nt tho Oleuring-Touso at 13, but, thin not sllowing timo for genoral notifieation, 1t Waa postponod until 4 o'clock, Tliere aro in Bt. Louls ®ighty-soven fustitutions doing bauking nud broker- “wgo busineas, of which sixty-six aro regularly chiattor- . All thoso, with ono or two oxcoptione, Werd rop- resentod at tho mooting, A good deal of Umo was spont in s Qlscussion, which w3 animaded though informal, It soon becamo sp- “yarent that nearly all the bonka favored suspennion, wnd an adoption of tho plan seversl doys sgo Sxed upon by tho banks of New York City, Tho following DISENTED WITI ENENOY: 'Tho Bontmnn’s Savings Dank, which doca a very ox- {tenivo busfucas In sll brauchos of banking, the Stato Bavings Association, tho Merchants' National Dank, Exchango Dank, St Louls Natfonal, Fourth "Natlonul, Gorman Baviuga Dank, tho Mechanics' Dank, Dartholow, Lowis & Co,, the Third Nationsl, Conti~ xcatal, Unlon Bavings Assoclation, und Lokor & {Bros., thirteon in all, Theao ail strongly sdvised against tho proposed acllon, Thoy doclared thom- eclves sound and not sfrald, Tho notlon that they deemed objectionablo boving been taken, thoy withdrow and hold a separate meeting,but flanl- 1y noquicsced fu tho deciston of the mofority, not be- causo thoy feared for thomsclves, bt in order to pro- amoto tho general welfaro, Tho meothug ot tho Vleor- 4ng-Houso continned until o Jato lour, and its action s cmbied b Sormal ok oF Kosslutlons, ua fol- ows ¢ Jlotolved, That, for tha proteetion of onr commerclal Interests, and foF tho puryoso of proventiug o drain of curraney feom bauls, wo fioreby wgtee (o adopt sub- Ktantinliy the plan adopted fn Now Yorlk, viz: not to pay out currolioy on chiocks except for small ims, tha amuitnt to bo optional Wwith banka ou which drawn, but o will cortify chiocks drawn o Luiances 1 our banks, payablo throtigh tho Olbaring-Houre, Tho concinsion was reached at {00 Iatoan hour tos how ‘what effoct 1t would havo an the mercantilo communl- ty, Bome merchants who wero upon the streot during the oventug oxprossed couniderablo porplesity s to whot they wero £0doin tho promisos, and how tho buslness af oxchangs with Eastora citics could bo car~ riod on, and doclsred themsalves quito uncortaln 28 to whst tho offect would b0 on trade and commorco,, here ond dhere, A bolnted lunker could bo scan ressanring them, and felling Wom {hat business with tho East would n o very fow doya fall ogain into its rogular channcla, All /agToo that noarly every bank in 8t Lowda could liave (como out ll right 1f tho banks of othor citios had not ‘suspended. Thoy etlll oxpross fho beliof that tho banks of no clty n tho West woro better propared for *a crisis than thelr own. THENE WA NO EXCITEMENT - spparent to-day on the atrect or at tha Chamber of Gommere during 'Change hours, Men st 1dly arouud 1bo tablos, folt thoughtfully of tha flour samples, ,pousad tho wheat from band to lond, and acted ko iatloas won gonerally, who hiad nothing to do and litle tothinkof, Thocaller droned from fho call-bonrd ko o monk preaching from hls pulpit u the Middle Ages, Thora wore, of courso, few sales, Vory littio ‘anxiety was manifest, ond nothing that scomed liken panic. Thoaction of tho banks to-dny pitld o new ‘Phoso on everyihiig, and tho result cau't bo told until tomorrow. e DES MOINES, Dra Morszs, In, Sept. 25.—Tho monstary panio “creates o great deal of Interest, butnot o dangorous excltement, The genoral belief seems to be that cool- ness and calmness on tho part of tho: peoplo for a fow sdnys, will briug things out right, Thero ia a general disposition to treat tho bauks with fricndliness and toufidenco. No inclination has been developed to make a run on any of tho bunks hore, aud all of them woe in a qulet oud eafo conditlon, doing Al tholr regular business without exciiement or interruption, Tho sction of the Chicago banks to- day i vory gencrally commended, Our business men il sustain the Des Moincs banks In liko action, it it becomes nocessary. Our bankers sro confident {hat the panio will end spocdily, snd without serlous injury 1o any part of the country, Theroase in this city two Nattonal Dauks, two private banks, ond two savings. Due of the Natlonal and the two privato banks aro owned by B, I\ Allon, President of tho Cook County Nationl Dauk, of Chicago, Tublic confidenco has nob bo.n disturbed in a singlo ono of our banks, and, but for tho temporary stagnation in the grain and stock trade, notbing out of tho usuat courso of trado would bo noticeablo hero, General business is bettor here now than it has been for three yesrs. Farmersaro buying moro than ususl, snd are paylng cash for al trey buy, The samo feeling of coufidenco swhich fa exhibited here scoms to bo slared by sll tho larger tltics and towns of Tows, Tho State is full of good grain, and wo fecl certain that it willall bringa good grico beforo spriug. g .. BALTIMORE, Bavroeone, Bopt, 25,—Tho oflicers of the assocl sted Lauks of Dultimoro mot {bis afternoon and ro- solved, fn viow of tho present financial situntion, not to poy out monoy on chiecks excopt what may bo ro- quired for legitimato busiucss purposcs, banks o cor- Hify all good checks which may bo used in businesa trangactions, It s confldontly bolioved hero fhat tho banks dn {his clly wero mover in & more sound condiffon than ot prescut, and thelr action this afternoon 16 recognized a8 4 pradent precaution agafnst any panic, Tho mer cantile and commercls interests of tho city, whilo ex- perioncing tosome degreo the genoral pressura and tghtness {n moucy, aro regarded ns belng un a safo wnd sound basts, Trado Ia very limited, ho focling to-doy, aympathizing with tho favorablo dispatches from New York, {s much botter than for soveral days previous, and it 14 confidently oxpected that business L ~will soon revive. ——eiica BOSTON. Spectal Dispaleh {0 The Chicago Tribune, BosTON, Bept. 25.—A better Tecling wna exhibited on #ho atreet to-day than sinco the begiuning of the pavic, FEarly in tho doy BOME DMIEF EXCITEMENT was occsaloned by & rumor that checks fo n largo amount hiud been ecnt on from New York {0bo cashed ; but, this boing suthoritively denied, & calm eottled sgin on tho mireot, A mouting of o Clear ing-Houso Committeo was lheld during fhe day, to conslder'. whother oby speci! action waa necessary in viow of thocondltion of things, and 4t was volod {hat no aetion wus neoded, ‘Tho generul ©xpression {a that no panto i tkely to occur hero, o run on any bank, and no very great {nconyenfenco, Few York ia too largoly indebicd to us, Tho Lanks cannot pend on chrokn and ged greenbacks, 'Tho only tncouvenienco v a . TEMPORARY UNCERTAINTY 4n iho mattor of taking Now York drafta on deposit, Tloanwhil {t iy tho unterssl opinlon that business wasnover in & moro Liealthy condltion as fur ne 1ta character fa concerned, and nothing fa now required Lt a romoval of 1o artificial feeliug consonuent upon tho panio duriug the eutiro weok, 1100TH AND H110FS Tava boon sold an frocly and s stoadily s ever, and even the commisslon morchants do not seom o b much affectsd by tho panio. ‘Tho money market con- tinuca closs but steady, On tho wholg, the ond of the “week approaches with o bettor outlook, snd it is more than likely that Doston will weather tho galo witlout damago. LITTLE ROCK, LiTTLE RooK, Ark,, Bopt, 25,~Tlio excifoment over the city currency and tho reportud suspesion of the benka fn Momphis caused unususl uncusiness, Fi- nancial mutters wero tho only toplo of conversation, Nearly all the merchanta Tefused to take tho city 1monoy to-day, and thronghout the day thero was o heavy run on tho banka by depositors, As yot thioy have met overy demand promptly, aud claim thut tuey can woathor the atorm, —— NEW HAVEN, Naw ITAvay, Coni, Bopt. 35,~The monagers of the savings bauk of Ll clty havo voted it prudent to ro. quire notice of tha withdrawsl of largo doposits, but continuoto puy Bmall pums on domund thus far, fThers lsé Leen Do run upon any of the savings banks, fho Notlonsl Dauke, the Btats Banks, tho trust companics, or private bankers in the city, but tia ennirve of the savings banks has beon ollowed to Lrutawe Losrowery and dopositors aliko, , Every savings bank fn tho city ina n hnndsomo surphus abiovo ita Lnbilltiea, aud tho deposiiors foot no wncasl- ne é Niw 1aven, Gon, Bopt, 95,—It npponrs that 3, Iting, Gashior of tho Natlonnl Jank of Ansontn, has beon waing tho funds of thia bank for sposulation, Tho aurplus of $10,000 fn all geno, H3no alao loaca bs prie wnto fortunie, Tho full oxtent of tho loswes fn ot yoi oacurtained,. Tho bank s supposed to bo solvont, g g TOLEDO. Epectal Diapateh to The Chicago Tribune, Torrpo, Sopt, 25,—1ho financial tidal wave les at Tength reached this placo, Tho first ripples were seon i tho eluckontng up of bLusiness on 'Ghango, which proceeded yory geadunlly unti to-day, when oll opor- Ations oxcopt settismonts camo to o sland-still, Thora will bardly be auything of n roaumption until moltors ato nerauged fu Now York, ao it drafts and oxchingo will bo honored, Tk banks hero hinve virtually re- fused to dlsconut any papor bills drawn. by graln mon on Now York, Evon the direst buyors aud exportors clalm that ther storling billa aro not Nionored, ond tho rosult da thore s Tothiug lott for thio commianton merohnnts haro to do But to att down and svalt until the dobrls 1a cleancd sway suMelently to allow the restoration of commiunl- eatlon, Thoy oxpress o confidenco that this will bo Dbrought about : IN BIGHT OR TEN DAYA, Tlotafl business of various kinds suffors noxt (n pro- yortlon to tho geatn busluoas, or at least thio offects are moro porceptibl, Thla clabs of merchants roporta groat paralization of trado In tho lnst two days, Eraus & Smith, o prominont firm of Gormnn bankora biore, announced thelr falure aftor business honra thle ovoning, and mado an ssignmont, Including tholr porsonal and private proporty, to Coghlin, Ow- ing {0 th Intencss of the hour, it is imposiblo to ol taln an fden of tho firm's assota or Unbilitios, but 1t fa gonerally bellovod ttiat it con pay overy doliar, Tho Tousoa of thio partnorsaro now beelogod by orowda of oxeltod Germans, who will not Lo satisflod Ly ony en- treattos to walt until an examination can bo mado of Ao firv's accounts, but fnafst on having on oxplana- tlon bofor leaving, It ia supposod by thosowho should kuow that tho folluro 8 causod by mo- voro lossos suffored by tho firm somo throo yearaogo in tho folluro of Potor Lonk, tho loading Drowor of tho city, and that {t s boon struggling un- dor tho load ever sineo, until tho recont troubles nally crushod it, Thoro s no suspicion of any othor bauk i o city. Y N NASHVILLE, NasnvILLE, Tonn., Sopt, 25,—Tlio National banks of thi clty (ssued and posted tho following placards thls morning : “In viow of the monetary crisls and su ponsion of tlio Now York and tho banks of othor cltles, aad nl#o in vlow of tho wolfaro of our various frienda and customers, 1t §s horeby ngreod by tho four Na- tional Banks of thig city, that wo suspend currency ‘poymonts ou mll balaucos excooding $200. At n Inrgo aud full meoting of the Board of Tradothls afternoon tho courso of tho banks was unnnimously approved, snd s resolution adopted thst the merchouts and bustucss mon of thocity would continuo to depos- it with oud afd tho banka by overymeans in tiir power, A gonoral good fecling provaila among bisl- noes mien, and there Ao Ro symploms of paulc, b it QUINCY, ILL. Qurwov, TiL., Bopt, 25,—T'hé fecling hero in. business oircles is somewhal exeitad over the newa (rom Esstern ‘money centres, but 1o auxiety 18 folt regarding Incal ‘banks, Busincss proceods withoutserlous interruption, except fn the movement of cattle snd produce, Which Lnscomaton standstill, Tho nction of the Ohicago ‘Dbauks in suspending currency payment fa consldored by bankers aud busincss men a8 wise and Hmely, sud 1t 1 belleved., f followed up in tho largocltics generally, wiil arrest the pauto aud open the Woy to speedy ro- Haf, i i, B PITTSBURGH. Prrrsnunar, P, Sopt, 25.~1t 16 lesrned from on authentio gourco that §950,000 In greonbacks arrived heroto-dny from Now Yorks and Wasbington City, Other Inrgo sums aro on thaway, which srooxpectod tonrrive to morrow, and therods o woll-founded hopo that tho stringency Will bo over by Baturday morning, If not sooner, Tho enflro outlook fa moro bright, and thero Is reason for mying that tho temporary derangement of our fiuancial houses fs to bo of very brief duratior, Thio run on tho sovoral savings bauks haa stoppod, and Bo now movement of tho kind Is apprelicnded, Tho Soourlty Trust Company aro making arrange- ‘ments to resume. Tho ofiicors Bay they expect to bo opon by Monday nost, ‘Tl Lavrenco Bavings Bank, which suspended yes- torday, will resumo i o fow doys, Wil RESOLUTIONS OF THE NEW YORK PRO- DUCE EXCHANGE, New Yonk, Sopt. 25,—Tho Produce Exchango to- dny ndopted tho following resolutions : Witenes, Tho critical condition of the commoreinl interests of e country require immedinto relief by tho remoyal of tho block i negotiating forelgn ox- chango; ticreforo, esoloed, That wo sespoctfully suggest to the Secre- tary of tho Treasury tho following plaus for retfef thiy oxtraordinary omergency Firgl—That currcucy bo immediately issued to Dbuuks or Laukcrs upon sathfactory evidenco that_gold has been placed on speciol” doposit in tho Bauk of Englond, Ly thelr correapandents o Lon: don, to tho credit of 'tho United Blates, to bo used solely in pirchuslng commercial bills Of exchiang and, socondly, that tho Prosidont of tho United States, aud'tho Secrofury of tho United States Treamury sro respectfully requicated to ordor the imrediate prepay- munt of tho outetanding loan of tho United States, duo Jau, 1, 1874, [ NEW ORLEANS. New Onrzans, Sept. 2,—Merchants generally np- DProvo of the courso tho Lanks have detormined npon. Itis understood that a meeting of tho Cattou Exchanga will bo called to-morrow to approvo thtir uction, Noth- fug was dono on Exchango, Thore was no unusual ox- citomont about tho bauks, ‘The following niddress was fasued by the banks to- dny: The undorsigned, incorporated bouks and Taukers of {ho Oity of Now Orleans, desiro to inform tho community of {ho motives that sctuato them in poctislly eusponding the payment of currency upon thefr demand obligations, Owing 1o tho portial susponsion of currency paymenta on tho assoclated banks of New York and other Northorn cit- 108, and tho consequent refusa of Westorn snd other Lanks to recaivo checks on Now York, ns in tho regu- lar courso fu settlement of colleetions mado hero for thefr accounts, Itls sscortained that vory lurgo ro- mittances of currency henco havo been mado upon ‘porumptory ordors within tho past fivo doys, aud to such oxtent indeed bus this provafled that, at the samo rato, only a few days must clapso beforo our yaultsand tho community would bo entirely depleted of tho ‘means essential to th ordinary movements of trado, At the present moment forolgn exchango s unsalablo iu Now York, and as wo derive from this sourco our ‘maln supply of eurrency, wo aro now thus doprived of our only mesns of reatoring the smounts by shipmenta to thio West and to tho interior. We have, theroforo, tuken thia stop s & meons of eclf-protection for the benefit of the agricultural as woll as commercial inter- este, and as tho only means through which tho come ing crops can bo moved without ruinous sncrifico o prico, The duration of this protoctive policy is imited to o period of 50 days, during which 4imo wo ar confident that tho dally receipta of cotton and sugar will offord ua o _prompt sud ready,rellof, sud compol currency to seck this markot, Stgned by {ho Oltizens’ Bank, Union National Dank, Germanis Notioual Bank, Toulonis Nationsl Dauk, Louisiou Natioun Bank, Iibornin Notional Dank, Buukof Lafuyelte, Stalo Nationn] Dank, New Orleans Natlons) Lank, Bank of Amerles, Now Orlosna Nutfonal Banking Assoclution, Camal Dauk, Mutual Natious! Dank 6f America, People’s Bauk Piko Bro. & Co,, baukers, Glearlng-Touso cortlficates at tho rate of 75 conts on thio dollar will bo fssuud on colluterals doporited by tho banks, nud certified checks of Clearing-Iousy cor- tiflcates wilk Do usod fnstead of ourrency, P DAVENPORT. Spectul Dispateh to The Chleago Tribune, Davexronr, Tu, Sopt. 25,—Tho nows rocelved to- day In rogard to tho nsuciul panto created a profound feollng 10 Daveuport, although ioro was but little ex- citement and no oxtraordinary run on tho banks, ‘which havo been transacting bitsiness 8s usual all duy, Thio nows of tho suspension of Chicogo bauks camo horo very much oxaggorated, nd sasumed grost moge uitudo, oreating n fecling of fosr and approhionston lost tho suapension mighit alfect tho banks of this city, thoy being uuublo to draw on thelr balances fn Ohi- cago, But wll our bauks havo swmplo funds on taud s w8 fo Tender & suspen slon of businows unnocessary, Thoro will bo no closlng of d0ors to-morrow, Thero cannot bo tho slightest dangor of tho fatlure of any of tho unks, Duvenport havhug the largest baiking institutions in Towa, The cupital of {hio threo Nutional sud two say= inga banka amounts to over $2,000,000, aud thoy nover were fu u sousder condition than to-day, g s CHARLESTON, S, C. CranvraTon, 8, O,, Hept, 35,~Motioy strongoncy fa tnoressiug, "Moo s baow Ko run upou the banks, ‘Thio Chatleaton Branch of tho Natlonsl Freedmon's Bavings Dunk 1s exacting slxty dags nolico from do= pouttors, Lut all local banke aro paylug s usual, gt ks in BURLINGTON, IA, Buntmaroy, In, Bepl, 25,—Our Lanks have been transacting bunluess, excopt buylng exchange, as usual, to-day, Tho nows of tho action of thy Chlcago banks occasioned s Hitlo oxcltoment at firat, but it soon aubaided, Quiet and confidenco is bLelng ro* stored, Tho general fooling {s that tho Ohicago tonks aoted wisely, The Durlington banks aro ,elrong, and nt prosont do ot seom” to fear it any prosuro will disturd thom, Thera fa n Mlitlo nervousncss among ‘morchiants aud ather businces mon, but no indications of o pasic, s \ INDIANAPOLIS. Speetal Dispalch to The Chiragn Tyibunes INnrANATOLIS, Tud,, Sept, 93,—1ho financlal storm which broke in Now Yosk last ¥ridny hoaat last roachod Indlnnapolis, Dankors Lave beon trimming sl for somo timo, nd sinco tho troubio fairly began Tavo been working hard to make thelr arrangomentsto meet {t, 1t wan thought last nfght that all probablity of hiarm was past, but this morning o telegram from Ohleago sunouncing tho suspousion of all tho banks thero croated great alorm, Thla was followod by n tel- egram of slmliar purport from Olucinuatl, Rumorsof of thiess reaching tho atroot, croated groat excltoment, o'clock Woollen, Welb & Co,, finding 1t im- oselblo to meot tho straln upon them, AUAIRNDED, Thetr assols aro consldorad aufiiclont to meat all dov mamids o timo, No other Lauks Lave gono undor up to midnight, Tlio baukors of tho clty mot this morning, and su- unsuccoseful offort woa mado {o follow tho examplo of Ohieago aud Cinclnnall, Feoling sooure, howover, they conoludod to breast tho storm, Ttuna on soveral banke to-day wero promptly mot, Thero fs no panic, altbough finonces aro talkod ovor everywhers, The peoplo hiavo confidoncs, and no serious result is an- telpated. Tlio Board of Tradomot this sftornoon, oxprossod their confidonce, aud counsoled calmuess on tho part of citizons, A S SPRINGFIELD, Speetal Dispateh to The Chleago Tyidune. SrnovELD, Til,, Sopt. 95.—Tho nows was recolved Toro this mosning of the solfon of the banks in Obi- cago; bit, notwithstanding this, tho banks have cone tinted to do businoes without tho losst sign of exclte- ‘mont on tho strect or elsewliero, Tho ordinary do- mands of business wero promptly and choerfully met, and tho doposita at tho banks showed no percoptiblo fslling off, 1t 1a thought that to-morrow will lndicato whether thoro will bo o panio hore, and, in anticipation of tho morrow, therods just s parceptiblo norvousnesa on tho part of some of {ho bunkers, Of courdo, 1t (s gonorally sdmittod that & run on any ono of tho banks would force it to suspend, note withstanding all of them are perfectly sound, snd mosy of them have on Laud curroncy largely above thelr ususl roaervo, No concorted actlon hea been had boe tween thio bankors aa Lo tho coursa thoy would pursuo in caso of & ponic, but thero 1s Nitlo doubt that thoy would suspend, and adopt somo such courso s has ‘beon adopted in Qlilcago, - S FORT WAYNE, IND, Spectal Dispatch to The Chleayo Tribune, onr WAz, Ind ., Sopt, 25,~The finsnclal outlock in thls city was nover moro favorable than at prosent, and no fears aro entertained of & panio horo, Businosa 18 belng conductod in the usual maaner, snd monoy ia Flentiful, Tho banks report themsclvos fully ablo to ustain nuy run on thom which might bo mndo, Nono of thiem havo beon affoctod by tho fallures n Now York ot clzowliore up to this date. ———— MILWAUKEE, Spectal Dispateh to The Chicago Tribune, MILWAUREE, Sopt, 95,—A quiot fecling provails in fAnunolal oirclos, snd thera s no chango whatover to note, Tho banks continno to pursiio a consorvative polley, sud confing themsolyes to promyptly mestiug all legitimato domands mado on them, making no advances on gratn or produce, Bustneas in breadstuffs fa very light, and whoat alcanre limted to sottling difforancan, The sunouncemont this morning that tho Chicago bonks had susponded curroncy psymenta for tho prosont coused a goad deal of comment, but tha con® tradiction recoivod by bankors n tho afternoon allayed ‘whatovor oxcltoment had been csused, REYRREe PITTSBUR Spectal Dispatckto The Chicuyo Tribune, Prerspunax, Sopt. 35.—~Tho tnancial hurricano has lown over 80 far a8 this eity fu concernod. No moro fallurea occurred to-doy, sud confidenco scems to bo returning in right good earnest, ‘Tho Seourity Trust Company, which suspeniod on Monday, and the Law- ronco Savlugs’ Bank, which closed yesterday, have not yot rosumed, but thoro §s amplo ovidencs of suficient Eecurity to sstisfy all dopositors, Jomes 'T, Brady & Co, hava not, yet made o statement, but it s oxpected that thoy will on Saturday or Monday, Honoy to-day was enslor, and procurablo on tho stroets at from 10 to 12 por cent on well endorsed papor, i g SELMA, ALA. Sceara, Als,, Bepl. 25,~Tlio Scimn Savings Banksus- ponded to-day, Tho nssets aro belloved to b amplo to pay all ita debis aud Lubilitics, and to seve tho capitul stock nearly entiro, i SAVANAH. SAVANNAIL, Gn., Sopt. 26,—Tho run on tho Savannah Bank and Trust Company buve coased ; that on tho Bank of Georgia contintiud up to tho hour of closing. Toth aro thought to bo fully able to moot sll demunds, Tho otlicrbanks ate proceoding 85 usual, and the ox- citoment {8 diminishivg, A meoting of tho Chamber of Commorco, to consldor tho state of affurs, 15 callod for thls evening. ————— THE NORTHFRN PACIFIC, Special Dlspateh to The Chicago Tribune, Br. Pavg, Sopt, 25.—~The Northern Pacific local man agers atlll claim thot coutracts aro made and mouoy secured for fuuilding boyond the Missouri fitty miles, sud tho company as at prosout organized s not en- dangered by tho Cooks faflure, The public is incred- ulous ua to thalr procosding with building operations, fusiaie, ke AUGUSTA, GA. Avausra, Gs,, Bept, 25,—Tho Natfonal Exchango Bauk, the Merchiants’ and Plantors’ National Bank of Augusts, and the Plantors' Loan and Saviugs Bank have suspended. Tho run on tho banks haa beon Beavy, especlally this morning, G Cotton 18 coming in frocly, but thero is no monoy to move it, P — PHILADELPHIA. Special Dispateh to_The Chirago Tribune, PHILADELPIIA, Bept. 25.—In consequence of tho groat acarcity of curreacy nud the heavy drafts of country banks, our city banks hav reaolved to sus- pend currency payment of lurge checks upon the Clearing-Houso to-dsy. Checks are certifiod as usual, Lowever. it ATLANTA, GA, ATrAXTA, Ga,, Sopt, 25.—The Dollar Bavings Bank, of this city, suspended to-dsy. Ithps ample secusi- tes, — NEW BRUNSWICK, N. J. Newang, N, J., Sept. 25,—Tho State Dank of Now Drunswick auspendod to-doy, This {a tho bank that ‘waa crippled by the irregularities of Apploton, its cashler, —— ATLANTA, GA. : ATLANTA, Ga,, Sopt 25.—At o lurgo meotiog of Busls ness mon to-night, hopeful feclings provatled. Reso- lutions passed o sustain tho Lonks by deposits and Mmited checking, Tho Goveryor was requested to favor tho bunks snd the peoplo, — el WASHINGTON. Speetal Dispatchto The Chicago Tribune. WASIINGTON, D, O,y Bept, 25—y tho purchase of boude, ns ordered on lust Friday night, the Govorne ment has put out sbont $13,600,000 of greonback ourrency, which, according to the Treasucor's Anancinl statoment of tuls ofternoon, lesvos currency lalce In tuat lnstution of about $1,250,000, Altogethier thero wero purchissed during tho four days following tho ono on which the order was given $1%,- 192,650 1n bonds, ot an averuge of a fraction over 10 por cont promium, It sopms after all thoro waa A LINIT PLAOKD upon {hoamount of bouds that wora to bo purchasod, aud, hoving resched that Lmit, no more wore bought when offered for ealo yestorday, Itis quite ovident that tho curroncy thrown upon tbo market by the Government las bad o Dbeneficlal effect on Now York, . if mot elsowhere, and from indications to-dny thero will mot Nkely be, for somo tmo st loast, any furthier order given forthio pur- shinso of more bouds TUE TREASUNY'S MONTIHLY PROGRAMME, 80 far na buylug bouds s concorued, hus not beon carrled oub for about throo wecks, tho orles to tho Bub-Trensurer ot Now York liaving boen victually, if not aotually, ro- voked #omo time ugo, The programmu for noxt ‘month, which will be mado publio on Monday, will bo naterfally difforent from thoso fmmedintely preceds fug it, Tho probability is that tho samo amount of Rold will bo suld, but a swallor amonnt of bonds will o bought, Prominont Treasury offcials nasert that tho roports which continuo to be made In certaln quarters, tend- ing to show that a very bad condition of affairs oxlat in financial clrolos, have for thelr foundation au almost catirely flctitious basty, and are MADX YOI BPECULATIVE PURBPOSES, Bpeculators holding Governmont 520 bonda sro most anxious and perslutont in thelr apveals to tho Proate dont and Becretary of (lie Treasury to glva rollof lo tho monoy markot by purchaning bonds, TilE NEBKNYY NOX DRAWK URON. "Thero fs 1o truth In tho statement publishod in o Now York paper that tho legal louder rescrves havo recontly beon arawn upon o tho oxient of nbout $4,000,000. Tho fact 1, that the nmount of Tegnl tondors outstanding bis for_samo tme ranged ot from $100,000 to $00,000 helow tho maximum limit of $350,000,000, it having boon tho Sccretarys purpose, over sluco ho becomo Ohlof of the Dopariment, togob tho legal-tenler cirenlation withiu the aliovo Umit, nnd keep it po. Notwithstanding, ho contends At opposition to tho viows of the majority of the Hene sta Financo Commitien, #hat hiolna tho right to ox- cced tht Hmit, and draw upon tho resorvesIf ho shiould seo fit, sud oeenslon showld minko iich a courso nocessury, TUE NATIONAL LIFR INSURANOK COMPANY, in which Jay Couko In a Director und o nember of tho Flunnco and Executiva Qomumittees, publishics a clron- 1ar stating that whothior tho bauking-hotises roauno o not, tho Company cannot bo sflectod or njured, Every loan fa well secured. Not s dolfar of Northorn Taciflo stock or bonda was evor econ in ita Tronsury ; no dopoalts wero ovor mado in privato bouk- ing-houses, and tho Company i to-ny 08 trong fluun- clally a8 at any poriod of ita history. ERRONEOUS ATATENENTA havo heen made ma totho purchuso by the Govorn- mont of Londa of 1681, Nono auch lavo been pur- chased, ¥ivo-twontios of 1852 aro Lo only bonds that Bnve been bought, Tho liabllitlos of THE FIRST NATIONAL Bauk of this city aro now sald’ by tho of tho Ourrency to bo noarly, $1,260,000. On the day of tho tho samo offictal catimated the labilitics ‘corn as ubout $600,000 or §700,000, TATEST, The Govornment Las dechied o tako no furthor ao~ tlon at presout, if at all, for tha rolicf of tho moucy markol, Thia dolormination wa rrived at in & con- feroua botweon Presfdent Grant and Secrotary Rich= arduon, held b tho Whito House, this ovontug, [T the Asoctated I'vers.] THE THEARUNY IHOGRANME, WASINGTON, Bupt, 45.—President Grant ond fam- 41y arrived hore this ovening, and immedintely pro- cooded to tho Exocutlve Mamsion, About8 o'cluck Bocrotary Richardson callod, and for moro than an hour bo and tho Presiient talked overtho Snsnctal sl uation, ‘Thoy camo to tho conclusion that all Telief nocoasary tobo afforded bas beon affordod by tho Treanury for tho logitimnto business of the country conequently tho Troasusy will poy out no miora cus- roncy than may bo roquired jn its ordinary disburse- mouta; that s, it will buy no moro bonda ot proeent, mor sny storling exchango. Thia information comes from ofliclal sources, ‘Tho President and Bocrotary of the Tresaury aro satisfied that thoy Dhove donoall in thelr power to rollove tho financial distresa by tho wso of monoy scowmulated n tho Treanury in tho purchisao of bonds, Not ono dollar of 1he $44,000,000 reservo liu byou drawn or used by tho Socretary, nlthough Lo repeats that ho will uso it to o very Lmited oxtont i¢ 4t showld become neoesanry {0 do so—not for tho purposo of inflating currency, but to pay ordinary expenscs, with {ho in- tention of restoring tho amount 88 soon sa clreume stances will allow, Thedoclsion of tho’ President sud Becrotary of tho Trensury disposos of tho roport thot tho paymont of thio November Interost oud redemption of Juuuiary bonds would be unticiyated. Thoro is no such intoution, AN TMPORTANT CONFENENOE. The conferonco botweon tho Attoruvy-Genoral and tiie Secretury of tho Tresury to-duy lated nearly two hours, Thero wasa full and completo excliungo of ‘viows on the provailing Snanclal troubles, and on the proprioty of furthor action by tho Government. It seoma cortain thot o delermination wos reached, and concursod in by all preeouy that tho Governmend should uot uso any portlon of 1ts legal-lender rescrvo for thio purclinso of odditional bouds, though this ro- sorve mny bo temporarily encroached upon for tho ab~ soluto wants of tho Government, but thon not to auy great extont, aud not with ony viow to duflate (ho currency; nud the Begretary, evon if forced 1o put out any portion of tho legal-fenders beyoud tho $050,000,000, will, a8 ho did the first two orihreo months of hia administration, reduco the amount {o tlnt etandard again at the earlicat snd most practicablo time, Tho preseut understanding 1 that tho depart- mont bolioves thnt 3t hins hiciped tho banks as far oa tho publlo eorvico ond consistency will admit, Bo, at ‘Present, thoro {s uo intention of {ssuing addstional in- structlons for bond purchases, Rumos havo reaclied Washiugton from {ho Soutn, as well as Now York and other plsces, thst tho Becrelsry of tho Trossury has odvised a femporary atepouslon of all tho banks ; but thero 1 not tho slightost iudiva- tion that snch o policy hs beon or will bo ndvised, Secrolary uchardson nsscrts that, further than help- ing tho banks by tho boud purchnses which lavo been made, Lo 1as nothing to advise, and only looks to the intoreats of tho Governmont, —— ABROAD. ToNpoy, Sept, 2%5.—0ne hundred and elghty-ivo thousaud pounds in bulMon was shipped from Livor- pool to New York to-dsy, "Tho London Daily News belioves tho financial panlo in New York will possiblylead toa resumwption of Epeclo payments, Lonbox, Sopt, 20.—Tho Dafly Telegraph, in anothier article on the American crisfs, say# ft cannot bo too strongly enforcod that_thore {8 nothing rudically un 801 here or in tho United States. The great mass :7‘! cfiplhfllflh not offected by the troubls in New ark, ‘Tho Daily Newa remarks that in the asbsencoof o system of long credits, the materials for » panic among American troding bouses do not exist, It belioves the ‘worst Is over, 1t 18 said that bullion to the amount of £600,000 will e withdrawn from the bank, to be sent to America by ‘naxt Baturday’s steanior: PF e CHIGAGO, OITICAGO YESTERDAY MEGKIVED TITE JUDAB K1, and tho traitor lu the bouschold that botrayed hor In tercsts, her businces, aud her roputation lnto tho hands of the Philtstines is that newapapor shcot which {8 nothing if not sousational, and {neipid when not weak, Thut Ohlcago 8 not crucified by ber foca 18 no merit of the Chicsgo Times, For dsys tho banks of tho city, agaiust gigontle odde, kad Lravely and suce cesstully strugglod o maintain thelr standing and solvoncy, even when fusnclal wreeks wero floating from tho Eastern Ocean, frelghted with frantio and drowning mien, snd Mircatening by contact the sta~ Dllity of tho staunchest. ‘For daya after fallures and suspensions in the East- orn cities the Ohicago banks held out beavely sud firm- 13, paying out millions of dollara in cash to austafy the Dbusiness of tho clty and Northwest. Despite of o gen- cral confidenco in their integraty and sojvency, many of tho nervous and apprehensivo withdrow thelr cure ‘oncy from tho bauks, and Jocked it up In {ale aud un- ‘productive security ; tho demands from country cor rospondenta for ndvances on cereals rushing fo fils ‘market wero largo and urgent, For daya the greatest banking-houses ln tho nation’s greatest money mart Dad practically sbandoued all currency poymonts, and by Comptrollor or quites suspension of this con- A BOIIT OF BYNDICATE UNION through thelr Clearing-Iiouse lhnd estallishod a fic- ttfous representative of capital based on cole Interals, which oro called cortificates, Obicago Lunkers woro not propared to go to thia oxtent fn ussumed values, aud were resolved to hold aa full faith with tho public 8 possibilitica por- mitted, > Tho readers of yeaterdny's TrinuNe nated tho feol- Ing ok reported in theso columus, without seusstioual lendiues, in an sceount of an {utorview with s prowi- nent bunker, a8 follows: 44Po banks must uct In unison for selfprotection, hich yas tho socurity of dopositors and tho guarnnt tea of trudo, and must refuso furthier advances of our. rency to_country bunkers on shipments of produce ; must rofise (arde puyments of curronuy at tho conne ter, and demand that all largo chocks (18 tho plan adopted in Now York) first puss through the Clearing. ouso, and then only nlancos bo kottlod by currency ; aud thoy st deniand the paywent of alfl obifgations lue them,” Tn reaponso to that feoling, a meoting of bankers, ‘mombers of tho Clearlug-Houso Assocition, was held Quring (e ovening, where, aftor much consultation and disousslon, the followlng wes almost unaulmously adopte 4 Tho Ohienga Glearlng-Trousa Association of Hanks and Bankers renolvo tiat, until further oction, amd i viow of the disturbed coridition of uffair in Now York and other cities, aud tho diflieulty of convorting bule ances futa curréncy, its members bo recommended and suthiorlzed a dispend qurrency yagments on di large dewands mads upon them, either from country Lisnks o over (helr cownters” Tho proposition was vigorously opposcd by many, but passed on tho appesl and domand of the Lanks buving oxtensivo country connections, Thero was sothing binding or compulscry upon any buuking. houso, EXTHAOUDINAY HENBATION, Judge thon of the indignution anud just wrath of this wholo community upon noting in the Zmes n ‘unetoss, wiekod, and mnalignant e, of rathor atring of Hes, with sensation head Hnes, nll giving forth tho falss ‘olief that tho Ohlengo bauks hud “guspondod 3 that # 1o Olifeago baukers sgroo to cloao tholr places for thio prosent.t : TUE NEWSPAPER SENSATION, making out on actusl suaponsion, otherwiso banke suploy, of all our bauks, at a timo when tho delicata machinery of our comnierelsl sysiom was poouliarly wcnsitive, waa cruel, When mon were roudy cliecre fully to forego tho collection of thelr just debts, and I moot thio brunt of tho New York stiock, shouldor to aliouldor, and liand f5 band, s Ohicogo men ought, 1t wana wicked, criminal act fo doliheratoly publish to tho world the mTE in by back lotto, To onnounco that nll the bauks of Chlesgo hiad * misponded,” and at thoy hiad * closed thelr piacos forthe prescnt, was o o, oa infamous snd wicked as tho miost wanton and maliclous imagination could concelyo, ‘Tho plnin refutation of tho slander In, tnt not & alnglo bnnk hos uspended, and not a ainglobank closed ita doarn, Tha only foundation s, that n reso- Iution hias been pasred, which amounta to nothing, TIE WHOLE PUETENDED NETONT of {hio meeling nt tho Cloaring-Tiouso in as dovold of truth as it ia coneplenoun for mmlico aud longtly i lunscy, Words were placed i tho moutha of financlors by tho writor barren of fdens which thoy mover dreamedof uttering, or, (o atate it an Mr, Bpiuk, Dunke Exauiner, statod If, in looking over & paragraph pre- fending to report him, I never spoke any such d—d nonacuse,” ¥ Yealerdny morning AX INDIGNATION MEETING of bankers \wns held fn tho offico of tho First National Bank, when 1t was at first proposed to pass resolutions donutictatory of tho yillafny condemnod, but after con- sidering tho nototloty of tho slandaroun alicot, and its unworllinens, it wan wisely resolved to tako no publio notica of thio Ubel upon Olifcago and tho ssssasin blow at hior socurity, Tho meotlug resolved atmply to end to tho Est and Weat n telegram of tho resolutlons ndopted on tho provious ovoning, with the truthful statement : *THE DANKS OF ONICAGO ARE ALL OPEN AND, DOING DUSINESS,” After tho temporary oxcltement fn tho city, conso- Quont upon tho Z9mes’ hoadlines, bind. subsided, the Dbusincss at tho banks resumed tho 8tful quiot 1t hing worp durlng tho weel, Frightencd dopositors songht to drawout tholr woalth, aud in eomo cases woro Lafllod ; truating ereditors mado deposits nud wero thonked, ‘The Lusiness of tho dny was light, but, on tho wholo, tho deposita equaled tho withdrawsls, aud thio bulancea wero genorally dn fovor of tho banks, from Now York waro_stuall, prabably ot nggregatin over $100,000 during tho dag, willo tha clitronsy 1o celpta from tho country werd inconsidorable, Whila the bauks mentionod havo profosnod to pay out in full gvery demuud, tiore o Wiacly amanifos a roluctanco to 80 long as only reasonable demands for legitimato bualniess that inust employ tho cash aro made, our banlis fool porfuctiy abis, ono snd aly to. weathor' tho o, i nocossity for rosorting to tho oxpedient of insuing cortificato loana through the Olearing-Houso, and negotlating with this medium In low of currency, wan coustderably discussud, ~Many expressod (ho opinfon tlat this mesaiire raust bo resoried lo- boforo tho acttlomont of exlsting complications, bu it not b dane iu Clileaga nlees tho combined widhym of tho bankers pronaunce it s dornior ressort, e strongest objoction {o tho propasition 1s mado by thioay which, in {tu inaugural, would bo recognized sa crodit banks', and for reanous very palpablo. It i probablo that the contluued agitation of tlis and indrod qucstfons concerning cloarances will call tho ‘tankera togothier again fo-day, JONEY FOR DAILY NEOFSSATIES, Tho suyings bunks, which liavo been roprescnted an willing and ble to pay all demunds on them for nirfet- Iy business purposes, yestordny backod down, so far 54 honoring demunds on thom for husiness pirposca wont, and Limited thefr accommodation to advancea for sirlctly family purchndca, As a prominent savings- bank oflicor auld ton TRINUNE reporter, who ia also isconsalato dopoaltor: 4 You cxt dros cuough to poy for your coal, oF your butchera' bill, but not morer When osked whothor tho banks oxpected to bo long gmbarrasod, Lo unaered that I tho Ieoplo oonid o Xept quist o twealy-four uours avesything wight ba savod, ‘Tho carnest objoct of tho banks was to provent thelr customers giving woy ton panto; and na thora acomed 10 bo evory indieation tht they could not be much Tongr restrained, it was found ubsolutely necessnry not to eheourago tho hopo of drawing money with facility, A check miust bo imposed_somowhere, and for the presont It o thougt st tho ling ought Lo bo awn o . DEAANDS FOR PERSONAL UsE, Thoro was uo deslro to caiao distress, and if any poor deposilor found bim or Lerself'in abeolnls , tho Cawbfora of the different euvings banky would probubly bo iustructed fo aid 10 o reasounblo extent. Tho dificulty to bo encountered wan tho fact that Dumbors of dew positors will muko uso of o thousaud oxonres of poverly, noconity, ruin, oo, whicl woro, ditscult {o zesiut, but Which Tiad no foundation in fact, Teforo 10 o'clock, tho usual hour of opening, most of tho savings bnuls wero doing busncss very much o usual, There was 1o excitement whatover, aund tho nuniiior of depositors ws not larger than o ‘ordi- nary occasions, Trom questions addresscd to them 1t appeared thiut most of thom wanfed monoy for logitimato pirposos. & mufority of them wera bourding-hoiisy coyers, ' Somo wanted moncy to remit to Earope s ot ot balt-a-dozed, 030 would £a5, weto tho sletlmi of & scare, BUSINESS ARRANGEMENTS 12 tho clty will bo much facililated by the hearty tono of nearly all our business men, Tho unfversal feoling fa: 4 Wo nro all in tho sams hoat, sud must sink oF swim togethior, You heli ue, and Wo Lelp you. As loug as wo can keop our' heads nbove waior wo will givo youall the gaods you want, In return, YO muet give ua all wo want, “Whon thio bauka urg polug ou i the ordinasy way, and accounts axo cole ectably ; wo will gottlo fip. " “What 15 the kind of stufl tho averago Chicago busk- ness oy is made of, aud it 14 to thia quality of uni- vevun rellanco on, and_ forbanranco wlih each. ofher thut Lias mado Ohitago whot 1t ts, Delivorios of gooda continuo, but nobody droams of sking for payinent, oxcept In mattora whoro expross stipuiations for casl huve een onfered Inlo, and even In theso cases or- rangements oro cheerfuily mada to postpono settles ment, TIFE FIDELITY 8APY. DESOSITONY, A roport Liaving guined ground fn tho city yesterday thot tho ¥ilalty kafo Doposliory b during yestorday a3 tho day previous, besn wutbjocted 10.3 Fush of pars ties who wishied to stow awuy thelr greenbacks, ro- ceutly drawn from the savings and Natlonol Banks, within $ts firo-proof recosscn, to'to amount of vome 2,000,000, 2 TRIDUX®: roportor called upon A, L, Stim- Bon, Hsq., 1ho managar, to aacertafn tho facta in tho cane, That geutleman denfod tho (ruth of tho rumor, and attributed fta oxistonce to the inuinustions cast forth from tho sourco of les at the northwest comer of Wushington etrect sud Fiflt avonue, ile further staled that, while tho applications for the safe guurdianship 6f moneys Ld sensibly in- creased diring the prat few days, it had not dono so to any great extont, tho amount Of mouey dopasited since’ tho panie Bogan belng not moro, in the mon- agers opinion, thaw $100000, Tio amoiuat of monoy lefton epocial’ doposit, for Which a recoipt fa given, only amounted to some $12,000, the currency deposited Delug for tho most purt left by Treasurcrs of com- pauica and ' easliiors of firmn having largo numbrs of en Lo pay Off at the ond of the week, Mr, Stimaon averrod that hio does bis best to restore, in tho minds of pruicatrickon dopositors, propor conddonco. in ks, . ACTION OF TITE WHOLFSALE GNOCERS, Tho wholeaalo_grocers of thiis city muet yesterday in the Merchants® Ex:hflnfio, and took into cousiderafion the finanelnl panle, Tho'meetitg wna largo ot fnflu- entlal, Mr, P, I, Willard was in tho chalr snd Mr, H, N, Muy performed the dutles of Secretary, The follow- ing uamed gentlemen werc appolnted a Committeo on Rezolutions : _Jumes McKindley, Franklin MacVeagh, Frank Groy, S, P, Farriuglon, £, H, Willard, H, N, May, They reportedtlo following, which were uuani- mously ndopted ¢ “Ntcgolved, That our confidence in the solvency and prosperity of tho Northwest fs unimpaired and wnlime }lml and that we seo 1o good reason for alarm to tho Jogifimuto business futerests of tho West in the present fmancial diffculty. #Jteaolved, That tho action of tho Chicago banks— followlng tho vxatuplo of tho banks of New York—in ‘protecting thomselves agaiust unpicrcantilo drafta of curreney, made for the purpose of hoarding it to the dotriment of commerelal {nterests, wo regard ns o ropor pirocattion: fur tho henefitof thomselves and the usiness commauuity alike,” Tho mioeting adjourned, THE PEELING ON 'CHAXGR yestoriday was quieter, The {rades of theday provious Wero settled up, and the presence of quita a smoll amount of cash cupital wan evidenced by tho bulging sido-pockets aud_confident aly of many of tho oper~ ators, Au 0ld Board-of-Trado mau expreased his opinion that there wero $500,0C0 in cash on the floor, seoking fuvestuent ot tho reduced prices prevailing, £0mmo 1o bold over until better times, and somo for ship- ment toseaboard and intorlor pofuts, ‘The ropresenta- tives of quite & number of Eastern millers wero ou tho floor, thelr object bolng b purchase of small lots of wheat, This caused cash grain fo Lo femor than_ io dsy beforo, whilo oplion @rin for Qctober next, having been protty well wettlod up tho duy beford, was not, rolutively, ng strong a8 cush grain, Tho existence of fnancial (rau\l{u 18 shawn by tho preforence given to transac- tions on o llllmly cash greenback basis, (o one in which wven a certifiod chieck $ tho buyer’s tender, tho soller being willing to take o cont 8 Dushel lower for ¥ cure toucy fo-duy ¥ than to take puyment either in o cortitied chictk or a promiso of rocofving payment in s day or {wo, A geeral summary of TIFE BTATY. OF AFFAINS IN PHODUOF OINOLES during yosterday morning iy be made that, whilon lnck of teuder ta transact business with was l!nlla pale puble, yet i good deal botter teeling prevailed, aud, whilo toss specutation wae indulged in then tho duy previous, tho purely legliimato bisluess trunsactions woro greater fu number wnd of larger slzo, It wan evi- dent Rmt ha golvency of the Board was unshuken, but thut tlofr usfucss was cramped by something radieally wreoug with tho # eurroncy » dopartment, Ous gon- tloman,~ano of tho largest legitimate-biisiness pro- duce-dlalora §n tho Wonrd,—suid, in _respouso o a queson by o TMBUNE reporier, I am coutident of thie reault, I am quite willing to settlo upauy trado on haud, and fakoe a cerlified check, ar a cortificate of deposit, for the diffocence, and hold either for four months, Tho crisis does uot §n tho least attect (ho solvency of tho frado, It meroly cramps aporations by lessening (ho smount of fiusncial me- Alin., Thodoprensod pricosarp turally bringing ont sidu tionoy futo the markol, - Canadiun bankers havo airendy begin toship gold Doro {0 bo invested i Wheat, fongh to whent interest ot exaclly apecr tutued, A nuan from Braokiyn, Iows, who bid $9,000 4 the Union Nationul lank, same flylug to Ohivayo to fnvest it in wheat. Ho urrived yestorduy morning, A hio wis informed by o friend on the Board 44 11IA OAME WAS VLOOKED, " ‘e denaunced bunks aud bankers londly, and retreated to hils village, Theso ure tho men who cauro ruus, Tu wafosud prosporous times they deposit _their spnre funds in- banks, st interest, wnd at the theoatentug of & storm rimh poflmell to withe draw it Anothor gentlemen of lurge ex. watd: “1 uave now been (hrougli threo tinuuctal crlues, Lut this ono, ns far as regards tho pro- duce market, bents overything I Lavo ever seen for tirmneas audunvarying vonfldenco fu an ultimate fa. vorabla result,” Another gentlomsn ssid, roferring to tho Nallonal cnrreuey, ** Wo are on a basis which 10 pants, reaulting from Ulogitimate trausactions, can 2 pormanently affect:” Then, adverting o produceaffalrs more particulurly, and tho' fecling of hia country con= aiguors, ha sdded: I have beon eleven yoars an tho floor; 1 am nt present carrying 10000 biaholnof corn aud from 50,000 Lo 40,000 bunheln Of wheat, My ctiss tamers Linvo lek';qm{l‘md to_ o, tanking mo for my actfon fn holdiug on to ft. Thoy bid me contiiuo 0 (o 40 at all costy thnt thoy will *acd mo throtgh.'” = TiiE. DRY GO0 MEN, With & viow to finding out to what oxtont the prosent finsnclal crials s affecting trade in thiw city, Tug TIMDUNE yonlunln( nent ona of ita ptall of rni:m‘luru o intorviow thio hioada of the Tending dry goods houscs {n tho city, Tho firat houso called vpon was that of Msnra, Field, Lelter & Co., ou {hio corner of Market and Madison atreet, Mr, Leiter, who wan eltting at & small desk in tio roar of tho comnting dopartment, o ouco oxprossed hig readiness to give tho roporles any informatfon ho might ponsess, or auy opfufon ho might Davo formed in tho premises, The reporter immediates y Uionght ks brain to' boar upon (ho subloot aud cpened firo, Iteportor—I havo ealled, Mr, Lelter to olicit fuur opinion upon the present eriala, Low long it is lkely to Inst, Tiow {ts effonting — Mr, Loltor—Very lispny o tell you anything 1 Tmow about the matter, * Tho question of how long the thing will last lles with thoso moat Interested—tho pmlf!lv. If all elassen only keop cool, and lct mntlers right thomnelves, wa of tho West havo no cause whatover to foar disnslor, Toportor—Upon whiat 40 you baso this hopefal viow of {ho situation, sir? Mr, Leitor—Upon the fact that, at fho prescnt mo- mont, the condition of tho Weet s most flonrishing, Wo own au abundanco of thoso oxport niatorials whicl Europo atonds fu neod of,—which she eannot do with- out. Tho morcantilp interests of the Weat wore never in o botter condition than to-day, nnd it 4 years stnco tho genoral nspoct of affaira was 8o cheor. ing. " The indobtedncss of tho conntry s vory emnll, so that, with “tho im. ‘menss recelpts to bo realized upon oxports, tha finane clol condition must ho conslderal vory strong indecd, Tho fact that not n slngle fullure of & commorcial Louse bias oceurred since tho tronblo began, 18 thobest ovi- denca of Uio gouoral mlvency of (ho commorclal com. unity, Tteporter—Ian tho crisls matorlally offcoted you in busiuess ? Mr. Loiter—It has affected it somowhat, as might ‘naturally be oxpectes ‘Tho demand for merchandise g boon lesaenoid within the past day or two, Tho condition of business just now {s such that thero is notlifng to fear if peopilo only keop cool, Thero novor s sjeaeon whet importation offoralgn morslinndiss have been, wfl]mruunm{, 50 gmall, or when tho pro- duct of Amorican manufaoturers was sold up so Bl;fllo a4 ot presont, Tho roporter asked Mr, Leltor whnt bo thought of . tho meeting of bankers aud tho conclusion thoy ar- rived nt, but fatfed to produco a very declded answor, Mr, Leitor stated that the action lad no infiueuce for elthior good or ovil to any extent, the naturo of tho ro- sult of tho crisis reating on tho peoplo, MAMLIN, HALK & 0O, Tho next houso vieited wna that of Messrs, Hamlin, Halo & Co,, on the coruer of Franklin and Madison strects, Hore Mr, Halo kindy placed himself and hla buslness oxperionce at tho disposal of the reporter, who oponied with a lesding queation aa 0 that gentlo: ‘man'a opiniont of tho bank suspension, Mr, Hnle~I conaider tho susponsion aa to largo pay- menta a wiso precaution, AsI understand it, tha main object of thin action Is to hinder portles in smaller places, who hiave deposits in Chicago banks, from sud- denly Sithdrawing them, Tleportor—Arc deposita of this kind hold by ono bank to fo largoan extent an to ronder this messuro ‘necesnary 7 Mr, Tilo—1 ihink so, Obleago hus bocomo tho financful contro of the West, where is deposited tho &pare funds of thouo who have mado money clsewhero, They keop it here rcml{ to invest in land or other- wieo, whon tho favorablo_opportunity occuts, Tho fuct that tho smallor depositors do uot coms under the suspension, showa that the banks are willing to do all they can to avort trouble, “H?lnrmr—-\vhnt do you think of the prescnt stato of affsira 7 Mr, Ifalo—T constder_thie prossnt susponsion to bo ‘morely s nominal one, It A no more of n Auspeusion than Los beon mafntained by tho New York bauks for Beyornl days paat, ¢ Jiehorler—\WHtE regard Lo tho offot of tho crlals on rade 7 Mr, Halo—That is o thing which no man can fare- toll, A favorable feature of trado at present ia the fact that the inforior merchants linve on haud very light alocks, sud, 08 b consuquence, trade Wil not be cune tracted so thuch o if it bad oceurred a month Inter, or if the city mercliants wore carrylng largo stocks, I conslder tho flaring hoadlines of 1he nawspapers lsbla for o full sharo of the panic, Too much waa made of tho Clows failiiro, Tho articlo of tho Times of thin morujug was simply ridiculous, I think the ‘endencz to sakoe auch conspicuous Lead-lines and use Aucl startling language nuwarrantably, i caloulated to do much hanm, 1t makos Aifoutt{ss which aro really ‘emsll Jook great, and friglitens those who don't know lmx botter, ontlcinan fa tho room vouchsafed tho fnformation that Le bad, during tho day, board tho 7%mes, on oy~ eral ocennfotis, unv.sr.-x commented upon 08 ba\'lnf, 1I]A||rlng thie panle, o lack of judgment that was simply ot “Ihin was ot nowe, #0 tho seportor moved to thio corner of Monroo and Frauklin atreels, whoro atands tho uare, groy eddeo of J, V. Tarwoll & Co, Mero 0 m TREON, G, B, FANWFLL, who nnawercd his futerrogatorics in & pleasant man- ner, In respoko to tho queation s to what his op fon wan o regard to tho ccials, Mr, Farwoll said £ 41 enn ece 20 Toa6on for o panic, Tho country 18 full of groln, and, this being the case, thero fe nothing to fear, Teporier—Do you fnd trado at all affectod? B, Farwoll-] do, Thiro i o ittlo oviderce of de- creasd to-day. Turchasera aro reducing trado; will ot buy asmtich ss thoy {ntendod to whon thoy came to tho city, Collections, p Lo to-day, hayo becn batter {han ususl; but, if the present siato of affairs contin. \uea, thoy will, Within ton days or 8o, drop off. Roporter—Whnt do you think ‘with regard to the ‘partial susponsion 7 Ar, Parwell—I don’t know what to say with rc’nnl tothat, T hink tho articla publisbed o 'tbe ‘Tincs ‘was moat unfortunato, 1f tho banks really ald_como o tbo concluefon, as stated, ils publication in {hat form wna mot difastrous, Roporter—In o generpl way, then, you donot look upon tha aspect of affa(rs 4 tnminctly dlanatrous 7 'Mr. Farwoll—T think tho present troublo fa very unfortunate, Prospects s fow dnys Blnco Were very bright, Merohanta were just gotiing on their winter stocks, trado waa novor better, and & good fall bsl- Desis was at hand, Bt s 1 said before, thero is that in tho Weat which procludes any fear of panic, with ordinary precaution, T, 1. LAGKGTONF, Z5Q, Preaident of tho Clileago, Alton & St. Louls Raflrond, thinka tho nction of tho bankers may huve the most scrious consaquences £o tho husiness and commicreinl {otareats of tuo city, Thelr action in Lis opiuion i to bo condemned by overy honest mam, Any ot of Tunatica could havo conio together and fnken such s~ tion, 'The County Court should appoint adminfa- {ratora to tako carg of tho Bank Presidents, bocauso thoy aro not ablo to tako care of themeolves, If th izate shotd subetdo within a weol it would layo bt ttlo offect on rallway intorcats, but sbould it con- tinuo any longth of time tho cosequences Would b very disastrous, Bn, JAMES MITIY 5 tho Genoral Frelght Agent of the Chigago, Alton & St Louls ltailrond, suys that this panic will stop shipe ‘menta for tho tima belng, but this will_not_compel ihom to dischargosny of thelr bauds, The farmors movement f8 indirectly responsiblo fof this stato of of- falrs, boving creatod o distrust cgaluet raflwny seouri- tiea,' "The commercial classos have to_bear tho burdon of Laridship becauso thoy can't deaw monoy_from tho 1ho banke, 00d_consequontly produccrs will not acl tlieir produce through their aid but bring it to market ou thelr own account, Thicre is no reason in the world why (his ponlo should continue any lemgth ot timo, s thero ia plonty of money among tbo poople, Tho fafmere had all doud wo), betier thon for msny yeurs, and the monoy they liave received for graid Wil soon come back ogain fo tho clty, 3. 31, WALKEIL, £8Q., Presidont of the Ohieago, Builinglon & Quincy Tafl- road, and of tho Union Black Yards, being Intervlowcd on the aubject of the panic, sald that the Btock Yards were full yestorday, and it 'waa impossible to rocelvo 1y moro stock, thereupon tho Stock Yard Committeo Deld & meoting ‘Woduesday night, at wich it wus do- clded that & notico be given to stop all reclptn of cat- tlo for shipments, In accordunce with thot action the following elrcnlar was {ssued yestorday to tho difTereut raflrond companica in the city 4CutoAco, Bopt, 25, 187d,—Our Btock-Yords are full, and We canugt rceivo more stock thoro until eomo means sro_dovised o move {t, Commission- ‘men st tho Btock-Yurds, at a meoting hield to consider the question Inst eveuing, mdvisod thot all stock be stopped upon the roads sndl not brought into the clty, 3, M. WaLKER, # Presidint Union Btck-Yards,” Mr, Walker aays whilo stock shipments hnd to be stapped becsuse tho stack on und caunot bo sold for waiit of currency, bo sifll hopes to keep tho grain- movement going, becuyso n that trudo it was not alivuys necessnzy to have tho cash, Thoy—the Clifcago, Burlington & Quiney Railroad—Lad mado_ arrange- s sgaterdsy witlh ong party to sl ety ear-louds a day, "T'his grain goes dircotly Eant, and 10 currenoy 16 requlzed, an the owner suips 1t on lils own risk, 1o was contidént that other parties would do_the same, and In this way keeps the graln trado moving, The nctiouof the Dauk Previdents was in lfs opinion a wiso ono, and under tho clrcumnlances nocessury. Dy it thoy ylaced themselves i o sfo position, and whore thuy ean, in o large moasure, control tho diraction of tho currency, and send it whoro it onght to go—to tho producers of grui, stock, and oflior articles of mor- chundiso; and whonevor the bouks iu thia city could go along it tho ordinary way, as they Woro dolig yester- duy, they would do ‘s, bt if any attemypted Tin was mude thuy could prolect themaclyes, In a very short tine, and o hoped beforo tho eud of' the week, things woulil o moviug In tho ordiuary way ¢ if mattors cone tiued 10 4o on us thoy do now In Now York City, A PHOMINENT RAILWAY AIAN, who {s Preatdont of several rafiroads and commerefal establishincuts, fo vory indignant sbout the action of tho Bank-Prosidonts, and declares thelr actlon nn act of bankeupley, und tbat it would injure rafiway and commorciul intureat {0 a great oxtont, A combins~ tion of any other olass of busfuess men, i saya, rofus- ing to pay their dobts at maturity, would bo_Just as Justifiabio. Roguvs and dishoucas then take advantago of thoaction of the banla yefaiug (o 1oy, sud refuse with fmpnity to lquidate thelr houcst'dobls, Tha effostof tho Lanka setiini {o puy. peruvates i oit= tiro business conmtnity, Tho bk refusiug to ps .y B, ol 8, an honest mun, 18 protested, © great fraublo I [ho Daanclal world i the want - of curroncy, Tho Prosilent should call Congress togetler by tolegraph, snd Congress should autliorizo the fssup of the forty-four willipns roorvy (mediatelyy aud then pisd o freo Dauking acl, nud not dubato 1t &l winter,” but reliov the country, or olso (ko country would' go to ruin, Lo froubis'in, our membors of Congrenn aro politc cluns, and ubt bushicss mon, Yolllelnny cousuit bankirs, bankers want high money, whilo tho coms mercial ntorest, which Is not consulted, wanty cisap mouey, ML, NEWELL, A reporler, on visiting Mr, Nowell, Presidont of tho Tllinofu Central Rallroad, on Wednesilay, for the purs 1080 of necertutning tho prospocts of tho toad in viow of be present fnsncinl dificultios, wus recolved by thut oMcial very distanlly, Indeod, as mtated in Tur Tauuni youtofday, Mr, Nowell aproared to bo_study- ibgg how Lo could give o least vossible information A, A cannot in the siiort intorviow tho roportor tisd with him, Thd Soanon for hin dolng Ao wan yery matisfactorliy oz fafnedl {0 ho Foportor yoaterdny ak n ensG of juin- kov fdontity, IInd tho rallroad Troalient boon ot purod tha tho revorlor ropreronied Tits Tuuninr, o would have gladly mado tho statement that ho Anbsos quently did mnko, Thitking, lowover, thnt ho niight Do nddronsing an nitacho of B notorlotinly untruthful morniug paper, 10 which cara Lo would havo bomn ‘senndalously misropreaotited, 1o apoko vagucly, i Tilinola Contrml, by p1dco of dischnrging e cta- ploger on the ground that s frelyhit husiness fa ain. aided, s begiontig (0 Gud wwaiting (€ within s fow aya & fush of trnfllo which will tx it soverely, Tho conntry whicli feedn {hla rond I# now crinmed wilh grain witing o ho movd, and the prospoctivo traflio $#1il bo dmimeurc—ore {hon it over hus been, Tho rencnl siringonoy (s meroly tomporary, Bpecls {h on Tis"ny "Hrons Tivorpool, willu cureuioy fs coming in Irgo quautitios from Now York, ‘Ilo cartyin enpos clty of {ho rand in to be severely taxed, and additionsi faclitles aro imporntively neoded, Inblead, therofors of dlacharging cmployes, tho rond 18 taking maro, an {ho work ot propumtlon for tlio fmmodiato fuldro s Delng foverlahly puslied. More cars aro being cons atrucod, sud th sliopa Jinvo ordora to_tirn out s now car overy dny. Tho suporfuous hands nro b ing utllized in variots way#, nnd by the timo the monoy arclvon to movo tho grafu, tha road will bo in readineta to meot tho demand. 'Mr, Nowell regards o outlook an most checring. * # Iftxe fs our grain stored away In tho Wost," anid ho, *They must hnvo 1 n the Eant and sbroad, and must eond (lelr money togetdt, And it will como pouriug in hore soon in quanitice, T undorstond another half million, arrived Bore to-day, whilo' moro will come dslly, T Lavo uo oubt, Mr. Nowoll 31 nob oxpress his opinton as toha wisdom of tho banka in tho stop thoy bad takon, but thought the publication of 1t in n Acnantional wuy waa ealonlated to canso unnecensary oxclement, and mog~ nify tho provalent distrust, MARRIAGES. A A e e MCcCORMIOK~WOODRURY_In this olty, Sont. [Py g S PR A ol g Y o M.D,, to Mt ncls 15, Woddbury, 'of Ohiongo, DEATHS. s I It o BATES_AL tholr homo, 480 Norih Doarborn-st.s Bapte 95, Mocy Hilznbolhy wifo 6 Eil fates, b eity: P "tho fanoray worvises Wil bo hoid i Unity c{muhog Saturday morning at 11 o'olock, Iurial of Grecolsn Comotory, FULLER—TIn this euf Bept, #, of acuto rhoumas ttam, Honry Fullor, sgod b8 yosry, GRANTS Hopt. 25, Maraaroth Grant, aged 61 years, Tunoral Sundy, Rent. 4, at 150 0/elack, {roia Bor 1866 roaldence, & South JolTors: :’r‘l’gflmnlnhh Wpersploasncopy, S ARDNTIR-At stom, 0L, tho 18th inat., of aonaumption, Haros ey wife of B G Aranor. agsd 34 Foaraatd 10 nontiy - Bntoras, "Wid.s and Zaneavillo, 0., papora plesss BTOOKING—fopt. %, Fl bole, dnuuhiotof o v, DF: and Tosbotle Shvkive. Jtewains takon Kai ROGKWKLL-0n Woduesdsy evoniog, Sept. 4, Goorga Sl Aot e West Raudolph Foni hls 1a16 56, phnersttronfil ks idonco, 0 Wen Raadolphat, MCOARTITY=On tho 3ith tnst,, Joromiat MeCart] son of tho (nte Donis BloUarthy stshedom ecorsed, o om0 MeCarthy. ‘Wunoral from- his Iato rosldonce, No. 223 Blug Irland. av., at11oolook, Friday, Sopt. 2. 'Oarriakos to Calvarss IFFORD—At . 1., Bopt. 4, . m., Lapngns Ot ago hpoaged s Sovts 34, 8t . m anoral Kridat, Sopt. He at 1 p. m. Joungesh AUCTION SALES. By BELISON & FOTTER. ATUCTION SALE oF VAILTTARIIE CITY PROPERTY, On Saturday Afternoon, Sept. 27, At 3 o'clook, on the ground. Boing Tots 7-und 11 in Block 13, and Lot 18 in Block 9, of Duncny’s Additior, each 50 100t front by 135 feot daop. Lot No. Il tronts wost on Sangomon-st., botwoon Adnms snd Juckson-ats. Lot No, 7, 0ant front on Paoria-at., botween Adnuwis and Tackson-sts. Lot 19, Block 9, wost front on Poorin-st., batwoen Monroo and Adnma-sts. These Lots are centrally locatod, embrac=- {0 tho xmoat deairablo proporty to bo found n the city. 'TERIS OF SALE—One-third ansh, bal- anco in one und two yenrs with B por oent intorost. Titlo porfoot, Abstract furnished with onch Tiot. TBLISON & FOSTER, Auctionoors, 87 Markot-st, 6563 8. DEARBORN-ST. Botwoon Thirts-sacond and Thirtythird-sts. COTTAGE AND GROUND AT AUCTION, MONDAY, Sopt. 29, at 3 o'clock ON THI GROUND.3 Cottago Lias 8 rooms, with gas and water. Lot25 fosd front by 113 fot deop. TITLE PERFECT. Tormsof #alo, ono-third cash, balanco in montly paymonts. A doposlt of 8100 roquired at thno of salo, ELISON & FOSTER, Auctioncors, 87 Mar] By WM., A. BUL'TERS & CO, WL A. BUTTERS & CO., AUCTIONEERS. Regular Salosronma for Dry Goods, Clothing, Boots and Shioos, Furnjture, Carpots, aud Genoral Merchandisc, at 15 & 17 RANDOLPIL-ST. Rogular Salosrooms for Roal Estato, Room 2 Hawley Building, 1.1 and 146 Dear- born-st.. cor. Madison, Regular Saturday's Sale. Parlor & Chamber Furnitus, Dining-Room Furniture, Pignos, Qarpots, Plato Mirrors, Haiwr Mattressos, Parior& Uool Btoves,Crockory, Bedding,&o. AT AUCTION, On Saturday, Sept, 27, 8t 91-2 8, m, S & 00., BY GEO. P, GORE & CO., 88 & 70 Wabash-av. AT ATCTIOIV, Book Onses, Wardrobes, Parlor and Ohame ber Bets, Black Walnut Dedstonds and Bu- ronus, Bofas, Toungos, Tables, Mattressos, Mirrors, Offico nad Porlor Desks, Show Onses, 30 Crates W, G. Orockory, 60 paok= agos Glassware. AT 13 0'CLOCK, Top and Opon_Buggies, Road Wagons, Hx- press Wagons, Doublo and Singleo Harnossos. Strangors should oall and #ee our large stack ond the flnost Auction House in Ameriea. On SATURDAY, Sept. 27, at 9 o'clock, prompt. GEO. P. GORE & CO., Anctionno 9 ' Gannd il Wabseenr, By TAYLOR & HARRISON, A BPEOIAY, BALH OF Dry Goods, Notions, and Cuflery, Friday Mornivg, Sept. 26, at 8k o'locks 31 and 33 South Oanal-ot, New and Second-Hand Furnifue, Carpels, Catlery, Show Cases, Herncss, &, BATURDAY MORNING, Sopt. 31‘ at 9 o'clock TAYLOL & m!}x:x 0 Sueliahed By HODGES & CO, WIS WL SIEXaTa BY AUOCTION, AT THE Private Rosidonae, No, 335 Wost Adnme-st, On FRIDAY, ept. 4, at 102, 1., tho eotira contonta of ",n“ Jargo Lw, l\n!"d\wullln, omuisting of Knglish Lod Brusacly, dieou-pty tnurain s state. ourpote, bonutit panior farniturs, dinthg-room, stltlog, foue’ oliambor. Tooms, kiiolioty and lanidey the houso furnishad com. ploto, ‘and sl be sold 1o hg‘n biiicat biduors, as t Swacks nro galg ahroad, Tonk out for bargaiae. OB fonaors, 413 Wost Take st. BY BRUSH, SON & CO., 41 Houtly Uaual-st, Fumnitare, Cprpol Btove 7 de. doy urday, Hoid. B latgo hesw andacound-laid s Gonsly 1000, yari Hdy et and Woolon Uarpotai tull lue of Parlor and Ooo) b 5; BRUSH, SON & G0, Atotianvo 0 ou consiahwents, ad 4y 2 B‘y OSGOOD & WILLIAMS, at Sldo Auction Tuuso, 63 South Canal-at. On Baturday, 9:30 Mup of Farnitire nnd Ho and Obambor Saits, Kitely ory, Loungos, sni N Diike, 20 now Harnoss, Clicomos, &o, aad savo 25 or comd 1n bying, at Austion, Sate lno ot Fusufiurs noluding Parinr Syt i PO % no Attead tils sale