Chicago Daily Tribune Newspaper, September 30, 1873, Page 8

8 .7 A e 1 PHE CHICAGO DAILY TRIBUNE: TUESDAY, SEPTEMBER 30, 1813, » MORE LIGHT. [Continued from the First Page.} tul if he placed his monoy whore it will do him — tho moat good. THE RAILROADS, TUE FIEIGHT BUBINESA of the difforout raiirond lines contoring in this sty bna not improved sinco lnst Baturdny, Ev. erything is yot at a standstill, though tho mann- gors of tho various lines wore mora hopoful than they weoro Snturday, and all ave sanguino that tho timo for full resumption of railway business Is not far off. . T, 0. MELDRUN, Gonoral Froight Agont of the Pittsburgh & Fort Wayno Road and of tho Black Star Line, being interviowed by a roporter, stated that their bust- noss has fallon off vory littlo, ana that thoy havo discharged no hands thus far. Grain and merchandiso woro still carried forward by thom in a8 Inxgo quantitios as beforo tho panio, and the only thing indicating a panie was the absonco of livo stock. Last Saturdny was thoir hoaviest day for a weok, Mr, Moldrum is confidont that the worst of the panic is passed, aud that bust- neas will rapldly improve, ¥. E. NINORLEY, Presldont of tho Ohicago & Iows, Chicago & Paducah, and sovoral other roads, eald that thoir, froight business is very light at present, and, with the prosent prospocts, would continue to bo light for some timo to come, If tho bankers in tho city had acted sonsibly, and not given tho Times o chanco for a sonsation, tho panio would not have bocome as general as it has. g A, MITOHELL, Buperintendent of the Iilinols Contral, saya their ‘business has not improved einco Saturdny; thoy aro moving but dittlo froight at prosent. Ton doys ago thoy wore londing about 800 cars of grain a day, whilo now tho domand is for not ovor sixty. B. B, WADSWORTH, General Froight Agent of the OChicago, Burlington & Quincy, stated that thero hes beon no chango sinco last Batur- day. The most porcoptible falling off hns been in live stock. Last Haturday thoy re- coivod 478 londod cars, and dispatched 367, about one-third leas than bofore the panic, and nearly 88 mony ss Baturdsy n wook sgo. Mr. Wade- worth recelved a telogram from the Btock-Yards yestorday, stating that thore were but fow cattlo Bales, Hogs were sclling moderately, and would bo received sgain in small quantities. 0. GALLUP, Gonoral Pasgongor Agont of tho Chicag, Indian- apolls & Baltimore through line, via Kankakeo, boing intorviowed, enid that fho businoss of thoir rond had not boen_materially affeoted by the )finh' Thoy aro still ruuning thoir usual numberof frolght traing, and have not discharged any of their working forco, Thero was but lit- tlo freight moved over thoir road, the bulk of thelr froight being merchandiso, M. C. GAY, Gonoral Froight Agent of tho Michigan Sounth- orn Railroad, said their busincss had fallon off but slightly, and they wera still rnnning the usual number of freight trains. The Michigan Southern Railrond Company have mot yeot dis- charged any of their working and construction force, nor havo thoy susponded sy of the now improvements now in progross. They sre now filling 1 for two miles of additionnl side track at their yards on I“nrli'-thh‘d Btreot. At the same place they are pariially robuilding and on- larging their round-houso. AR, LOUIS VIELE, s Goneral Freight Agent of tho Chicago, Rool Te- land & Pacifio Rallroad, stated that their freight business waa still going in tho sama diroction as It did last Saturdsy, but he was in hopes thnt with tho prosent prospocts they' would be abio to resume businees again in a fow days. L IN GENERAL. ABRIVAL OF MORE CURRENOY. The strenm of cwirency still flows westward. There arrived by express, yestorday, the follow- ing sums : American Express Adsms Expreas. United Btates Express. Total.crvesnese About one-half to the banks and tho remainder to private partios, The prospoct is that the same amount, if not moro, will be roceived daily, aud that tho reliof 80 happily bogun will bo rapid. Apropos to this, it is proper to announce that the managers of tho express companios met yosterday, and resolved not to make public the amounts of currency brought by their respectivo linos. It was thought that such publication would oxcite the cupidity of thieves and rob- bers, OITY IMPROVEMENTS. The Council Finance Committee, Oity Comp- trotler Burley, rud Mayor Bond mot in tho lnt- tor's offico yestordsy morning at 10 o'clock, and discussed the financial situation a8 far as the city was concerned, The principal difficulty arises from tho unpaid taxes, of which thoro aro about §1,000,000. If there wns no financial crisis, tho tax sale, Oct. 13, would fill ap tho Treaswy to this oxtent, but should money still be locked up, the city would probably find itself with o large number of tax-cortificates’on hand, without any funds, Tho situntion seemed moro encouraging, howovor, and tho Committoe saw no reason for discontin- uing any of the improvements already com- ‘menced, nufinemly thelaying of water-pipes and gowors, Tho city hes alrendy Inid in a large amount of wator-pipos, and to dolay laying 1t ‘would bo equivalont to locking ugt is invest- ‘ment without deriving any bonetit from it. The new works, such as station-housos, etc., might not bo commenced, but tho easentinl mattors would be continued for the prescnt, at least. LOAN-CERTIFICATES, : To the Editor of The Chicago T'ribune ; Biz: I have rend the articlo communicated, signed *' Merchant,” commonting on and reflect~ ing ghlrpll!y upon tho course of onsrs, Blair and Bmith in declining to entor into an arrangement with other bank-officers to issuc loan-certificatos, and thereby g‘ubhcly acknowledge thelr own bankruptoy, [For the non-concurronce of thoso gentlemon in this eliieh (and, to my approhen- sion, wicked) shift of thoir own rospousibility before the publio, they deserve a vote of public thanks of ~ tho "Northwest genorally and Ch!e:fio partienlarly, The whole echemo of loan-certiflontes is oulf another illustration of the fabled fox*whose tail was cut off ina trap, after which Reynard besought all of his noigh- bors to cut off their tails too, alleging ns o roa~ son that tails wore ount of) fashion, The specions claim for Clearing-House cortificates bas no basis, Tho promise to pay onc papor- promise by anathor never made a penny more to do businésa upon, Tho wholo #cheme to me seemed but & plan whereby the financial men aouulrn‘fo ‘bofog the people” and cover up their owa folly, “Mnm’imnt" enys of Messra, Blair and Smith, “ When all other banks aro gono, togethor with thoir own institutions, and, after thom, tho finan- cial and commercial credit of Chicago, are they yxepund to answor the consequonces?” * Let hem consider the ' consequonces,” &o., &o. 8o say I ns rogards thoso who wish to sustain a eolflsh systom of finuncinl credit, that, in tho end, must bring disereditand shamo upon its authors. ‘Then, indeed, will tho wisdom and manly course of Menrs, Jfair and Bmith bo duly approcinted. Had tlio grent banks of Chicago stood manfully up to dul.;, and presonted in brief the groat ro- sources of Chicago and the Northwost, the bank- panic would have never been, Thore was to noed of it ; it was but tho cousultation of their own foars that inducod suspension, Like the sheop that hoard the baylng of hounda in the distance, they proposod, one and all, to jump into tho pit to éscape doath somo other way. I am no bauk-Director or bank-stook-ownor; 1 know not those gentlomen ; but I fool gratef: for thelr manfulness aud porpondicularity ex- bibited in a great finnuclal cmergonoy. Yours, ete., CimizeN, ‘Oitrcaao, Sept. 20, 1673, e ELSEWHERE, NEW YORK. Bpectal Dispatch to The Chicago Tribune, New Yonk, Sopt. 20.—To-day has boen tho most quiet and favorable for & fortnight on Wall troet, excopt in front of Dolmonico's, whero the streot operators bellowed thomselves hoarso withiout effecting muoh trado, Broad and Wall strests have been comparatively quiot. Tho only EVENTS OF THE DAY, in faot, were the revision of tha n_fles, nrANATA. tory to to-me: ' opui. .y L Bl e 'Y \ change, and tho mutual dlsngrosmont botwoon tho Produco Exchange nnd Olonring-House Committoo sa to the purchinso of exghange by tho bauka to facilitate the movement of pro- duco, s TI RESOLUTIONS OF. THE BYOOK EXOHANGE dOv- ERNING COMMITTEE, . 2ont you by the Associnted Pross, sro looked upon as in thointerost of quict and consorvative denlings, Thomost important ono postponos the rulonndor which deliiquont bankers can bo sold out, Practically, it givos throo days' ginco to bankers who have not yot settled, and postpones for that lougth of timo tho an- nouncomont of failuros which aro surc to bo proclaimed nd noon ay tho timo of scttloment is renchiod. Tho oponing of the Exchango ia still looked upon by many as a certain fororunner of another panlo ; but tho most norvous hopo the boat from the susponsion of rules for threo days. 1t is highly probablo that A FURTHER EXTENSION will follow, if spoculators should prove at all wild or unreasonablo, Tho roopening was the subjeot of genoral disoussion among bankors, brokors, and other stook oporators to-day, Ita probnblo offact on the commeroial and fnancial intorosts of the countryis of such importauce that the views of prominont baukors théroon will bo of intorest to all roaders of Tne Thn- UNE GEORGR OPDYRE 4 00. stated that thoy dealteolittle in stocks that they had bardly formed a vory sound opinion, but they bolieved the rooponing of the Stock Exchange would prcduce no trouble, provided it was true, as roported, that oporators had adjusted their mattors among thomselves, Tho Governing Committee bavo aoted with such good gonee throtghout, that donbtlesa thoy had considerod thid point, and have nssured thom- solvos that aoverything has beon dono that can bo to mako the opening succossful, A fow small oporatora may be eold out undor tho rules, but othorwise there seotns to bo no renson for appro- hending trouble. EDWARD HAIGHT, of Wall sirect, says tho mnxgning of tho Ex- chonge would bo ‘most bouelicial, if tho rules should bo s\u:}wnde(l for & wook or fiftoon days. Pricea wouldthen regulato themselves on tho Laslsof nfi)mw}:lng valuos, and confidonco woild bo rostorod. Many millions of dollars are ready tocomo on tho market a8 soon 83 priccs &ro rogulated. A grest many morchants drew out thoir deposits during the panio, put them in tin ‘boxes, and stored thew away with tho Bafe De- poslt Compnny. He know personally that $6,000,~ 000 had boen™ put away in this manner, which would bo put on the market again a8 soon as the 8tock Exchangoe was_opened and confldenco ro- storod, Whilo tho offect would bo highly benc- flcinl if tho rules wore susponded, it would, on tho other hand, be extremely disastrous if thoy woro not; and a worso panio than tho ono which bos just subsided would onsuo, the epirit ~ of cpeculation would again drive prices out of their normal condition, and, under tho rules, stock might be sold_out at such in- flated or deprossed pricos every day without ro- gard to octual valuos. The old trouble would then roturn, confldence wonld be again dostroy- ed, and the result can bo casily foreseon, J. W. BELIGMAY, & Broad stroot broker, thinks the reopening will Do very unlutary. If tho rules aro susponded for throo days hoarded money will como out, for it is all in tho country, Notwithstanding its stringenoy, the currency is not destroyed, Thero may bo_somowhat less of it in tho city, bocauso a groat deal of it has been sont to tho country, but a largo amount of it is hers, and is only unavailable because owners arg timid and lack confidongo in tho stability of values, Let the Btock Exchango reopen, aud opportunity givon to operators, by the suspen-~ sion of tho rules, to adjust thelr mattors among themselves, and pricos would be decided upon according to valuos, coufldence would bo ro- stored, snd money would flood tho market. Foroign oxchango, too, would bo loosened. It is nlroady rising, and eells at bettor prices to- dny than it qld Saturdsy. Tho largo crops would then began to move, and that is really tho gront nccossity of tho momont. OPERATORS TALEING ON THE SUDJECT on iho stroot oxpressd similar viows. —Thoy said nearly all operators had arranged their matters among themselves, and it wos known that ono big house was proparing to squaro up an immense operation of panioc days on the bosis of mutual concession. Thoy said it was gonerally understood that the rules would bo suspended whon tho Exchango reopencd, and the disposition soomed to be not to presa opera- tions. Sonnd stocks would rise to their yalues, Harlom, for instance,” enid one, ‘“ia at 10 to- duy, while it~is a 20 stock. It cannot remain so far bolow its real value when the oxchange opens.” Doubtful stocks will, of course, provoke specu- Iation, because theirnature has not been changed by the pautc, and as long as thero in & Stock Exchange thore will bo stock speculation. But tho general offect will bo most clicering. Foraign exchango will Lo loosened, the embargo on the c{‘n :sdrumoved, and the stringency in money abated. THE PROPOSITION OF THE PRODUCE EXCHANGE to the Olearing-House Association was, that the Dbanks buy bills of exchango with bills of lading attached, paying with rogular Clearing-Houso cortificates, {ssuing now ones if nwussng, until the block in foreign exchangoe is romove At the firat scesion in the morning opinion was much divided. President Moses Taylor made s firm opposition to the acceptance of the Kmpusmnu. At the aftornoon meoting the matter wns again taken up, and finally referred to the Loan Committec. The reforence is looked upon by many persons as o rejoction of the proposition, though othors of the Produce Exchange consider it n dilatory movement_to await the effect of rcoponing the Btock Exchange. [0 the Associated Press.) A BETTER RTATE OF AFFAINS, New Yonk, Sopt. 29.—All advices to-day touch- ing the financial situation at home and sbroad are of & ronssuring character. The reoponing of tho Btock Exchange to-morrow is an event antic- ipated with much loss apprehension than haa heretofore been tho case, owlug to many private settloments, and the manifest disposition toward forbearance and gonerous doaling between man and man. At the meeting of the Governing Board of the BTOOK EXOLANGE this aftornoon, it was Regolved, That nothing in the action of the Govern= ing Commitieo of ths Now York Stock Exchango shull bo construed 08 absolving any member from his obli- gations fo tho rules, ‘That all purties to existing unsottled contracta who 'were solvent ot the closing of the Exohange, but who shall refuso to susrendur satlafoctory principal, or fur- ?nuhlmm;atn in cash or securitics, sliall bo regardoed ag solvent, ‘That 80 much of Articlo 25 of the by-lawa ns autlor- izos an officer of tho Board to closo contracts of par- ties in default, be suspended, as to oxisting contracts during the threo doys after tlie oponing of the Ex- change, Tho President shall appolut a committeo of threo, which sholl bo in scasion from 2:15 until 2:5 each day, to detormine on au cquitablo market Sflca, to which' margina shall bo made {o conform, and also o dotermine the market prico nt which countracts of defauling pasties ahull bo sotiled. ‘That all contracts shioll bo kettlod by chocka certifiod a5 good through tho Olearing-Iouso, but when a check 18 tendered upon a bank which 18 not satlefactory, tho parties must agreo upon what elioll bo eatlefactory ; ut no domaud for groenbacks or currency shall owed, A Phat a1l Government coupon bonda on which nter- cat 16 payablo Nov. 1 eball bo caliod ex-coupons {rom {o-morrow, Very mony, and among them momo of the shrowdost hoads of tho Exchango, hold to the bo- lief that it is yot. TOO EARLY to set in motion thoe wheols of Btook Exchange machinery, sssuming that, although to a great degreo confidence bas boon rostored in this con- tre, a8 ovidouced by tho cheoking of the runs on tho banks, banking-houses, and savings iustitu- tions, yot throughout tho country o longer timo must tiecossarily elapse boforo a’ foollng of so- ourity can be engendered. ANOTIER VIEW. On the other hand, it is claimed that thd mo- ment stooks con be xufiuhfly traded in logitl- mately, greonbacks and curlency, which have Loon gaurdud during the last weok or ten days,. will be gouorn]li: sont in here for tho purchuso of staoks, and thus gain a genoral circulation again, and ovontuslly find their way into tho bonks, thus swolling thoir resorves, ‘Buslnoss is docldodly improving AT TUE PRODUCE EXCHANOE, and & much more hopofnl focling iy oxprosgod § in fact, businoss ts snid to bo gotting Luck into old ohannels, and gloomy approbonsions a8 to forelgu oxohange appears to be yielding to brighter prospoots. A MEETING OF THE CLEARING-HOUEE ASSOOIATION was hold at tho Morchants' Bunk this aftornoon to take action on propositions submitted by tho Committee of Produce Lxchange to the Committee of Bank Proeldouts this morn- ing, witld the object of aiding for- oign exchange. David Daws and Mr, umphe oy reprosented the Produce Exchange, and spoke in behalf of thewr plan. Thoy desired tfla Olenmli-‘I‘lunaa Aunefiflan to lm?l‘(’x‘x‘ a oommittoe of five, representing aa many ore 12", to buy commercial bills with bills of inding attachod, and make requisition on the Tosan Committoo for tho lsauc of Clonring- Houso cortificatos for tho bonofit of shippors, .Tho proposition was roforred to tho Loan Commitleo for n roport st & future meating which will probably bo hold to-morrow. THE UNION TRUAT COMPANY. ‘Wesloy, Rocotvor of the Unfon Trnst Compa- ny, this mnmhqi denfod tho ropott that Com- modora Vanderbllt lind returned to tho Company tholr lonn to tho Lako 8horo Raiirond, L 7 THE LOAN COMMITTEE OF THE OLEANING-HOUSE mot this morning, to continue the ismio of loan cortifloates, Managor Unmp snid that overy- thing looked favorablo for tho banks aud the publio, and ho could oo no rengon for furthor disnstor. . A GOMMEROIAL FAILURE, Tho Glouham Manufaoturing Company, & flourishing corporation for more than fifty yonrs, having foxtonslve woolon-mills at " Glenham, N, Y, and its ofico at 208 Broadway, suspended this momlnzp Prosidont Dart sald tha susponsion was due to dopression of busiuoss, aud rosulted diractly from tho financial panio, whioh had prevonted miorobants from going on as thoy othorwise would, Provious to the disturbance in Wall stract, thy outlook for business was good, Ho Waa dob proparéd to mako ©ven an apptoximate catimato of tho nasota or liabilitios, and could ot toll whothor tho susponsion wonld bo final or only tomporary, boforo learning tho disposition of croditora. o wia also linnblo to say whothor thte oroditora werd chiofly individuals or corpora~ tions, aa 1t is imposaibls &t predont to tell whoro tho papor of the Company {8 placed. Tho Com- pany was orgnnized in 1820 !gl’olor H. Bolionok, randfothor of Prosidont Dart. Jamos Dart, rother of ihe lattor, {8 Tronsurcr ; and tho or- ganization is wholly a family affair. Tho original capital wns 140,000, and it hosgnlways maintained &t that fighuro, but Mr, Dart entd that at loast 81,000,000 had beon oxpended on the Com- {nny'a pmpariy, ‘which could not bo replaced for hat sunt. Tho Company owna 200 acros of land at Glenhnm, with largo factorics for the manu- facturo of woolon goods, and dwolling houses for all of 500 oporatives. Mr. Dart wos unsblo to ey whethor tho sisponsion would result in throwing all thoso operatives out of work, as thia would largely depond upon tho action of croditors. WIIAT JAY GOULD BAYS. Jay Gould belng naked for lus_viows concorn- lugt o flnancial situation, gavo them as follows: ] think tho panio is over. 1 haye every faith now in an advanco of pricos, and boliove tho market will be more buoyant than fora long timo. Wall stroot has boon cloared out of o great part of its worthless stocka and so-called .securitios by the purifylog process of tho panic, aud there nro comparatively fow stocks now quoted oxcopt those of real value. In all cascs, prices are now too low, and in that of good dividond-paying stocks & very largo advanco is necossary to bring them up to their actual worth. The ronsons foran vance are that the money markot will becomo onsy a3 Boon as tho Stock Exchango is openod, owing to vorylarge quantities of (F’eunhmku which have baen disburaed by tho Government in its lato boud purchages; that an fmmonso smount of capital has been put into circulation }};I tho action of the banks in issuing Olenfing- ouse certificatos, which dlsplace a_correspond- ing quantity of cummc{; that England is sond- ln{ over millions of gold, which will como into nctive uso immediately on its_ arrival, and that speculation has had such a Jong sleop that it wm‘ boall the more lvely whon it wakes up sgain.” BESUMPTION OF SPECIE PAYMENT URGED. The Tribune to-morrow will contain a londer ndvocating tho immedinte resumption of speclo poyments. The country is passing its grandost opportunity since tho war, Thero hns not beon sinco tho passagoof tho Legal-Tendor act an; financial situation or crisis thot o hold out afl ita lhands inviting to rosumption. Shall we lot it go by? Tho orisis calls for s flem band, clear hond, and detormined rn.rpmm. That's oll. To-dn‘y'a opportunity g for the country, for tho dominant party, for the Prosidont, Let tho Prosidont issuo his proc- Iamation convoning Congress in an oxtrn session at eight or ten days’ notico, withithe solo object, d.lstlnotl{ stated in tho call, of lugs';!nflng for o resumption of spacie payments, ~For ten daya ¥naz tho people Linve done nothing but stand in ront of their balsnco shects and inventories, end seo & rapid and constant shrinkago in values, and, there is no knowing whero it will stop, or whon, for tho simplo ronson that thore is no financial bard-pan. Somo timo wo must got back to specic. That is admitted. ‘Why not now ? When will thoro be a bottor time 7 When would the whole country bo moro benefited by it than now? Thore ought to bo statesmanship onough in Congress to doviso o #imple, practicablo method. Let President Grant settlo it, so far as he is concorned, by call- g Congross togethor and putting upon it the responeibility of meeting the emergoncy. ——— ‘WASHINGTON. Spectal Dispatch to The Chicago Tribune, A SPECIOUS BCUEME FOR EELIEF, ‘Wasninarox, Sopt. 20.—Thore is reason to beliove that no substantinl immediate relief to the business community hus resulted from the action of tho New York banks in their plan of cortifying checks, and in the purchaso of bonds Dby tho Governmont., The direct beneficiorios of these acts are the gamblors in Wall, Broad, and New streets, and the banks that hold tho cur- rency and cortified chocks, Such is the tonor of lotters raceived hore'this morning from New York, the writors being business mon on Wall strect, and tl.mraughly conversant with the offairs of that vicinity. Thoy eay the banks, though claiming only a dcsire to provont & run upon them by tho cortifying pro- cess, aro renlly enabled tomako uso of large amounts of currency in ILLEGAL TOANA, Theso banks only discount for chosen frionds, smong whom aro their scoret mgents or tho sgonts of Dircotors. Theso agonts can get any amount of discounts, and with the currency thus derived they go into Brosd and Wall stroots, and thoro loan the monoy at about one-half of 1 por cent per day, and somotimes at greator ratos. Their _ profits are divided = with the bank Diroctors, 88 no logitimato = busi- ness men can afford fo pay such rates, and only the stock and gold speculators do pay such usurious interest. It followa that gearcely any of tho largo nmounts of curroncy held by tho banks, nor the proceods of sales of bonds, goes diraclly to g ralict of tho logit- imato busincss intercataof the country. The banks are relioved from runs, and are pormitted to suspond anuucnlly. The gold and stock- gamblers, and the Shylocks of Broad stroet, aro suppliod with additional capital to ply their ra- inous trade ; and this Is about all that has yet como of the purchase of Government bonds and cortifying bauk chocks, BENATOR MORTON WANTS AN EXTRA BRSBION, Bonator Morton is abont the only person’ of rominence who has as yet mado kuown a desire ?u have the Presidont call an oxtra session of Congress, for tho adoption of measures intend- od to relieve tho country from tho impending financial crisia, Tho Senator thinks tho crisis has not boen reached, and fears tho worst is ot to come. He bolioves that the present calm meraly superficial ; that tho President will not and cannot do anything further to keop up a smperficial healthy condition of aflairs ; that, if aoything further is to bo done, Congress muet bo cniled togethor in eoxtra sossion immediately, and that an oxtra session would surely result in hnstening a roturn to spocie paymonts. L IN OFFOBITION TO TIESE VIEWS, are the opinions of cortain pruluiuunl officials hore, one of whom romarked this morning that, 88 & peoplo, wohinvogotten toomuch in the habit of expooting Congross to sottlo all sorte of quos- tions, and to do things that belong to the peaplo in their individual capncities ; that, oven if Con- gross is tho proper quarter to which to look for sid, it would take abont s month to got the two Houscs togethor, mearly another would bo consumed in organizing tho Houso and its committecs,-and in going over the ontire grounda of opposing principles and con- flicting thoories, n the end nothing botter than lfi\o croation of a now ovil, such ns the in- flation of the currencyas & temporary reliof from prosent suffering, would likely bo alfordod. WIHAT I8 WANTED NOW in not legislativo enforcoments, but individual confldence ; not ‘moro paper monoy, but a ro- turn to & gold basis; nota pumnfi off upon Congress our oxisting troublos and difitcultios, but a pationt boaring of them among aursalves, and o wise looking into thelr causcs, that tho remody may be aspplied, and oqunfly unwise coursos avoidod horenftor. RUMORED PAILUIVE OF TILE METROPOLITAN TANK, 1t in reported to~nlrhl that tho National Me- tropolitan Bank, of this city, has boen forced in- to baukruploy, This is ono of tho banks which rofusod to adopt the plan of the New York Louke. [T the Associated Press,) TANIO TIMES IN THE POST-OFFICES, WasniNaToN, Hept, 20,—The rofuesl of the Nutional Bauks in Philadelphis to pay dratts np- on thom In currenoy having throatoned to do. privo the postal monoy-order offico in that city of rosources, on which it largely doponds for re- mittancos from country offices, tho Iostmastor was to-day authorized to draw for a limited amount on the Doparimont's_rosorve deposited in the Bub<Tressury st New York City, Bimilar embarrassments were foreshadowed by numerous telograms from Westorn Postmasters on Batur- day, but they generally report to-day that tho banks havo rosumed currency payments. || glven at PATENT-OFFIOE OAUTION, Tho Patent Ofilco to-dny rofused to roccive En)'munt of focs in cortified chocks oxcopt upon nuke willing to cash thom, DEOREAHE IN NEVENUE REOEIPTH, It i mlpyanod tho falling off in Intornal rov- onue_rocolpts to-dny, as comparod with last oudny,—namoly, HA00,000,—1s minty, {¢ not altogothor, attributablo to tho scarciy of our- roncy for romittnnco. s PHILADELPHIA: Spectal Diapateh to The Chicago Tribune, PIILADELPRIA, 0., Bopt, 20.—Third stroot ia quioter to-day than many expocted. Rost has boen & panacoa for tho gront distrust which dur- ing Insb wook fluctuatod botweon oxtremes, In bauking ofrclos tho fooling Is bottor,, and thero i8 an ovident intention of supporting tho mor- cantlo community, In tho stook market thoro 18 o stendy movemont for tho bottor, and it 18 ox- pocted that good counsols will now provail, and the markets will lowly como around to thoir normal conditlon, BUSPENSION. TTho suspension of Bonjamin Bullock's Sons, & firm dohig & groat local businoes, located on Front stroet, above Ohestnut; was sunoiincod this morning: This firm hae dono an avorago ‘bueiness of £8,000,000 & yoar, and sinco the 1stof May last tholr salos amounted to over $1,000,000. Tho causd of tho svsponslox {8 sttribnited to the falluro of the Glonham Woolon Mills,of Dutshess County, Now York, who aro indebted in n largo smount, upwards of half s million, to the Philadolphin firm: Unfortunately, too, it is eaid that boforo tho panic the Mossrs. Bullock had {ndorsed ' hoavily for othor parties on papor thot matured last wool. In tho almost unparalleled stringency of tho monoy market it was impossiblo to got tho moans to moot this paper, and it has gono to protest. Tho susponsion of this houso isn great ehock to the morcantilé commtmnity, Through ita offorts a large trade in wool had boon builf up in our city, and Front streot soon bocamo a great wool contro, Thoro can bo no doubt that tho firm, which consists of Josoph W.and Bonja~ min Bullock, with Georgo and Jemes M. Builock as special poartners, will bo ablo to moro than pay overy ponny standing against thom. They have, unfortuvatoly for thom as for Philadelphia, heon called upon to meot bills when it is & matter of {mpossibility to get tho cnsh, and thorefore aro compelled to stop busi- ness, It is foarod, but yet tho fear has not beon realizod, that other firms having rolations with tho Messrs, Bullook and the Glenham Company will nve to suspend. Tho tomporary suspon- sion of tho Maasrs. Bullock will in no way offect tho stobility of those banks of ~ whicl thoy woro Directors. Their dobtors, tho Glonham Mills Company, aro roported to bo indobted to Bullock & Co. in tho sum of 600,000, With this onormous sum practionlly locked up, i not practically loat, it will bo saon that the firm was badly cripplod. 1t is stated that the Mossra, Bullock havo plonty of first- olass collatoral, and the dearth in ourroncy pre- vonts them from mooting the papor that has gono to protost. It is further statod that in ordor to got monoy thoy advanced $100,000 in first-class stocks to obtain $45,000 in currenocy. THE DIOKERS' BOARD, At 5 meoting of the Board of Brokors this. ‘morning, ovorything was quict, and tho oxcito- ment of Baturdsy is slmost forgotten. Tho ‘Committee appoiuted to confor with the banks 88 to tho gituation of affairs submittod a vorbal roport to the offect that they had visited all tho banks, and find_that they aro still pursuing o conearvativo policy and not forcing stooks upon the market, 48 was rumored. NOT SUSPENDED. At the requostof its customers, the Philadel- phin Bank ot thiscity, which in acorrospondent of the Farmers’ Bauk, of Now Castlo, Dol,, has hoon ndvised by tho Cashicr of the lattor bauk to-doy that ha'is only pursuing tho same courso o8 tho Philadolphin bauke; that s, refusing cur- ronoy excopt in limited amounts, TFrom this circumstauce arose the report of the susponsion of the bunk. 110W TIIRTY BUSPENSIONS WERE BAVED, It is said that, on the memornble Saturday on which tho SBtock Exchango adjourned to proveut further depression of values, and to ropress tho panle, tho Vies-Prosldont fold in his honda hirty notices of suspension of membors who could mot then mect. their cngagoments, but who are now able to pay all outstanding claims against them, Theso all have withdrawn thoir notices, and havo adjustoa their transactions. Ono of tho largest dry goods houses in this. olty offered by circular, on Saturday, to allow 2 PER CENT A MONTII DIRCOUNT on all notes due them, for cash in band, As high 18 4 per cont & month was also paid on Bat- urday. THE DRAIN OF CURRENOY from tho city is_rapidly diminishing, simply be- cause currency is becoming more scarce and thoe domand ean be only partially satisfied. Tho de- mand of country banks is about tho same ag pre- viously. Bankers say that country pooplo soem to want all thoy can got. BANUFACTORIES OLOBED, A prominent playing-card firm of this city has beon obliged to suspend work in canaorflmncc of inability to procure funds to purchase tho noces- enry rovenuo stamps. ‘Two factorics in Xon- sington also closed to-dny. II. Disston & Sons, Koystono Saw and 8tecl Works, are now runcing on two-thirds timo only. Last weel their hands quit work undor this arrangement Thuraday af- ternoon. Durlng the day the firm received no- tice from tho Cashior of the Kensington National Bank to tho effect that that juvatitu- tion would be unablo to lot them have the cur~ ronoy roquired to pay their workmen on Baturday. In this emergoncy thoy could only {oat a notice in tho factoryto this offect, and hoir employes scattered to thoir homes, On Fridoy, however, camo another notice from the bank, sent oftor furthor nction by thoe bank officors of tho city, in. which It was'stated that Meosers, Disston could have the currency needed. 1t was then too lato to notify the employos, but tho latter will recoive payment in full “for lnst woek on Wodnesdsy morning, whon they will rosumo work for the week. About 1,000 work~ ‘men are cmployed by the Messrs, Disston, whose salos Iast yeor ronched 1,600,000, bt sk A OSTON. Special Despateh to The Chicago Tribine, Bostox, Sept. 20.—The financinl condition of tho eity to-day is not much changod. Tho banks have not yob completed their proparations to issuo certificates of doposit, Therefore that maasuro of relief has not yot borno any practi- cal fruit. They will be propared to do business on the now bnsis to-morrow. Tho banka have done a small and coutioua discount business. An offort is made to provide FUNDS FOR MANUPAOTURERS to pay tholr belp, but eithor there has boon fail- ure to do so, or the anticipation of failure in the future, producing =& condition of things that it was hoped would be averted. Homo of the largo manufac- turing establishments have bogun discharging hands. Tho Waltham aud tho Howard Watch Companics have discharged o largo number, and #0 hus the firm of John P, 8quire & Co., pork- packors, 'Thoso manufacturers have not closed their works, but thoy say that, undor the circum- atances, they do not feol satisfied in omploying any help that oan be disponsed with, 'Thoy fonr that ot tho end of the weelt it may be very DIFFIOULT TO ODTAIN TIE MONEY TO PAY thoir men, oxcopt at ratos that will more than enual the profits on their work, It seoms that thoy do not have entiro confllonce in tho ablity of tho buuls to do what, no doub, oy are disposod to do in such cascs, Thero was o MEETING OF HBAVINGE-BANK PRESIDENTH & thig morning, at which it was recommonded g expediont and advisable that these bauke en- force the provisions of their laws in the matter of drafts,” Thoso provisions diffor in tho soy- oral institutious, wome requiring six days, somo ton, and somo fifteon doys' notico of intention to dinw any sun; or all, I beliove, thirty dlu.’yu' notice of purposs to draw large sums. Undoubtodly, tho racom- mondation will bo adopted in practice,—not only in this clt{‘, but throughout this vicinity, In foot, mauy banks put thoe rulo in force lnst weol, No doubt is ontertained of the soundnoss of all tho savings banka in the Btate ; yot, in tho pros- ont condition of the mavket, fow of thew could stand a long run, THE GENERAT, CONFIDENOE was shown romarkably last weel, by tho amonnt of deposits made in tham, Many personn with- drow their funds in the Natioual Banks and do- rnultud in tho savings bauks for botter security, cobably people who did this aro not thoss who oxpoct to want monoy for curront uses, ‘Tho discovery of the dofalcation of tho Cashier of TIE UINGHAM NATIONAL BANK dld not tend to inoroaso the general confldence, nor indeed did it have muoh effect on the atreat inasmuch as it was ouly remotely conncotod with tho gmaant panio, The amount of loss is 41,000, It the fnancial markot was .tant industries of 8t. Louis. inn notiled stato, tho bank would bo ablo, b diecounts, to carry tho losa and continuo busf- nosd, As it i, it8 iffairy will bb woutid up. g Ry T Special Dispateh to The Chicago Tribune, Toveno, 0., Bopt. 40,.—~Things financially are boginning to sssume thelr old appoearanco, sl- though businoss is as yot far from bolng com- Dlotoly rostored. This will prulmbl{ ho noarly renchod by the closo of the woek, if the favor- able turn continnes; The various MANUFAGTUIING ESTAVLISNMENTS about town roport somo embarrassment caunod by tho criels, such as_difficulty in obtaining monoy to pay thoir hauds, aud tho Iargo tobacco factorios havo not hoon able to ship for four or fivo days, on account of thoir inability to pro- ocuro curroncy to purchaso stamps, It may bo necossary to dress up tho stock sgain bofore shipping, as it will_not sell readily aftor n prolonged atay at tho factory in packagos, This will bo n lask of somo magnitude, ns tho stock of finc-cut now nocumulated will probably smount to 40,000 pounds, The other manufacturing Industrles oxpress no serious apprehonsions for the future. BUIP-DUILDING 7 o rocotvod a oheck, it is thouglt, as alao the orootion of residenco and buuiness houses. - Tho firms ongdged in the lumber busincss and manu- factures connccted with it represented their busiuoss as unusually prosporous, and are una- bla to properly attend to sll that. is offered them. Tho bhusinoss on 'Change to-dsy was much. mproved, both fn volimo and pricos, thu&xgh 1o shipmonts of svy importance wero made. ‘Water-worls aro boiug orooted In the city at an ultimato cost of about $1,000,000 ; but it is foarod the work will Janguish under the dif- culty of solling tho bonds to raise money. pao ey PITTSBURGH, Speetal Dispateh to The Chicago Tribuna, Prrrenunan, Bopt. 20.—~Tho financisl situation assumod & muoh brighter sspect to-dsy, and much moro business was dono in stooks and at bottor prices, This morning, the Clearing- House Assoclation held & meoting and it was ro- solved that the prosent prospect demanded no chango, and that tho banks would contiauo to pay out ourrency on all chocks as heretofore. Thoro was some 34,000,000 additional currency from New York roceived by the banks to-day. [To_the Associated Plul.an Prrranunoi, Pa., Sopt. 20.—Tho tinanotsl oute look in Pittaburgh is brighter to-day than it has boen any time during the rocont panic. =~ Confl- donco seoms fully restored, and businegs is being tronsacted as uemal, A full meoting of the Clearing-Houso Association was held this morn- ing to consult on tha presont monotary sitnation. It was resolved that in view of tho brightoning prospocts no chango wagroquirod in the manner | of conducting tho_ business of the banks and Cloaring-House, The Lawronco Savings Bank commouced paying its chocks to-day. —— . 8T. LOUIS, Speotat Dispatch to Tha Chiicago Tribune, 81, Lous, Sopt, 20.—Thero are vory fow men in Bt. Lonis, either merchants or bankors, who protond fully to undorstand the situntion, The finanolor who tolls you ono day that evorything is all right, and that in & week things will go on swimmingly, tho noxt day is dospondent. On tho contrary, tho mun who wae doprossed yostor- day is to-day cheorful and hopoful, It doos really scom as if things wore in o botter condi~ tlon, There is no porceptiblo, alarm in any quarter. THERE I8 NO RUN ‘upon any of the banks. Nearly every bank con- neclod with tho Cloaring-Houso has put up the roquired amount of collatoral, and is doing o certain amount of judicious business. Some of them say that they aro accommodating their customers just as usual, Soveral banks of Bt. Louis havo TECEIVED OUNRENCY YROM NEW YOBE, One banking institution has had its papor dis- counted by s Now York bank totho extent of $60,000, and tho onrrency has alreedy come to hond. Money is ngain boing advanced on East- ern ghipments. in limited amounts, and produce 8 consequently beginning to move Eastward slowly. Tho commission men who have been so far worrled and perplexed aro now more confi- dont. Thero were & good many TRANBACTIONS ON 'CHANGE to-day, and prices woro notably stiffor, owing largely to Chicago advices. The commission merchants show with pride orders from tho East and lotters from patieut, long-suffering, and un- paid correspondonts in the interior. All this is chooring, aud tho hopo i gou- erally expresgsed thnt the improvoment will be accolorated and permanont. To say morely this, howover, would make matters soem & littlo better than thoy are. TIMES ARE HARD, and mon do not got all the accommodation u\ofi want. Curroney is in groat domand, and a higl prico is ofton paid for it. Tho cortified check systom is not yobt_working porfectly, and poople do not know to what cxtont those checks can be used a8 o ciroulating medium, If men were suro of the banks, those checks might ans 88 froely a8 cun‘onui‘, but thoy aro not go thoroughly se- curcd a8 the National Bank issuo, There i8 no pesticulas xosson for, mistrusting tioir validiy, ut a panic is like a disense, and must have its courso. Various merchauts aro advertising that they will TAKE CERTIFIED OHEOKS in payment of purchases, and there is no doubt thit, when they become & little moro familiar to tho sight, thoy will bo froely used. A banker 8aid to mo to-day, ' Produco mustmove East- 'ward, and that speedily, ‘Thoy have got to have it abroad, and thoy must have it in tho Enst, The very prossuro for Enstern oxchange, and this need of our products, will be the two causes that will conspireto move grain and restore s healthy equilibrium.” THE BRAVE TALE OF GIIICAGO BANRERS is regarded 1n some quarters horo as morely buncombe. Shrowd people eay that Chicago is renlly hiolding on to hor currency as tightly as an; city i;: the country, and her bankers, althoug they have not adopted the plan of using Clear- ing-Housa cortificates, are dealing in a niggardly mauner with their customors, and sccommodat- ing no more customors over thoir countors than thoy can possibly help, Tho bankers horo say that thoy have taken the firstshock of the panic and atood it, sud now the morcautilo and ‘man- ufacturing community must etand tho recoil. The more thoufihttul of thom also assort that it will be impossible ta really judge of the effect of this financial trouble and talo a good ook ahead betoro tho ond of tho week. “In any event, the manufacturing intorests of Bt. Louis musl measurably suffer. THE RATLROADS. Railronds aro to & certain extent disorodited by tho failures of Eastorn stook-dealors. Thoir Lusiness will bo injurad, and thoy will bo cheokod in varions ways, This will at onco affect tho do- mand for railroad iron, one of the most impor- It is roported this aftornoon that 700 mon have just been dis- charged from the rolling-mills of Carondelet. The Washington lumbor-milla pald off their hands to-day and stopped running. PROPOSED BONIP IBSUE, The proposal of thoe city suthoritios to issue olty scrip to an indefinite amount is vigorously opposed by most of the American dailies, and disgpproved of by the wealthlor bankors, Bome of tho lattor class sey wo have currency ouoth in tho country now for tho transaction of its business, snd’thero i8 no need of swelling its volume, FAVORS HOLIOITED, Resolutions woro introducod on 'Ohange to- dny, but not soted on, requesting the banks in Now York £o bo o8 nccommodating s possible to produce mon until the grain trade should be ro- tored to its normal condition, - TIE OITY TO ISBUE BORIP, The City Council to«nlght, by n vote of 23 to 1, decided to issuo 800,000 (n city scrip. Onty two members wore absont fromi the meoting, The sorip will bo ongravod by tho American Bank Note Compauy; sud will bo roady for use somo timo next weols, g ————— SAN FRANOISCO. Special Dinputeh to The Chicugo Tribune, BAN I'nanorsco, Bopt. 20.—To-dny was dovoted almogt oxclusivoly to collections and legitimate chanuels, and tho result insplred confidence. Tho resumption of businoss by the Ohiocago bauks was tho subjoct of much congratulation, showing tho panic had no sorious offcots on Wontorn finance and stability, This, with the promptness with which to-day's matured obliga- tions wero ‘mot, has reopened tho our- rout of exchange, which rosumed with somo briskness, Coln drafts on Now York sold at 5{ to 1 por cont; telographio trausfors at 2 por cont, The panio has fully domonstrated the unadvigabillty of stook speculations, Capi- tallats aro moro unwilling than ever to invest in outsido real estate, preforring logitimato entor- prisos and staple products, The panlo i oharged fo rallronds, Tho pross is unanimous agoinst subsldies; somo portinnclously attackiug tho Central Paciflo Road, and urging upon the in- coming Logialaturo matorinl reduction of faros and froighta. Qurrency rulds it 89 por cout. e SOUTHERN TRADE, Spectal Dispateh to Thd Chicago Tribune, Asnviree, Tonii, Bopt. 20.—Businsss to-day was duli, with some show of improvemont, It i8 now transicted dimost entiroly through tho Cloaring-Houso, Tho produca trado fa nt o standetlll, Thoro are 2,000 bales of cotton hero, but no snlo for it. Some planters south of Nash- ville havo gono so far as to offor cotton at 18 conts to obtain ourronsy: Tho cotton crop in Middlo Tonnesgea this yoar is nbovo tho averago. Tivo hundrod negroos wero in Huntaville, Ala,, of tho lemtnunns, ofi Baturday. Thero was not $10 In the wholo crowd. Thoro aro only two bales of cotton for eale, nnd that to obtain monoy fo purchare provisions, 'Tho ero) in Alnbams, unless soon much _ rolieved, will have ‘to bo eacrificed. Morchauts in Humtaville have unusually hoavy stocka of goods, but will not soll, tho country fs so do- Elubu of ourroncy. Tho planters are urged to old cotton for a better dny coming. A mor for o Nashvillo tobacco firm wont South, last wook, for o Rovon-wooks' business tor He rétutticd to-doy and roportod no suc Tho ory wag, . “Wo want no manu- factured tobacco. Wo want to sell our cotton.” Bix Now York buyers are in Hunts- ville, but a8 well might be in Gotham for all tho ood thoy do, Noleaf tobacco has been in tho nshyille markot in tho past month. —— WESTERN GOUNTRY BANKS. OEDAR RATIDH, 1A, ' Spectal Dispatch to The Chicago Tribune. CzpAn Rariog, Is., Bopt. 20.—Private dle- patches from Ohicago to-day, announcing ro- sumption by somoe of the banks thero, bad a vory encouraging offoct hero. Bank officera manifost loss anxioty than during tho latter portion of Inst waook, and onrroncy in some of the banks has inoreasad rather than diminished to-day, in- dicating that confldence is bolng rostored. FOND DU LA, WIA. Spectal Dispateh to The Chicago Tribune, Foxp pu Lac, Wis,, Bept. 20.—In response to a enll signod by a large number of business men and the heaviest dopositors, tho bankers of Fond duLno decided this morning to pay only smal sums in ctrroncy, and to cortify and reccive for all purposes cortiflod checks on each other, The dsy has passed quictly, the plan working well, wiih no indications of a run, BLOOMINGTON, 1LL. Spectal Dispatch to, The Chicago Tridune. BrooumaroN, 1ll., Sept. 20.—Two banks in this city rosumod full payments to-day, and overything financial looks hiopeful hore. . BPRINGPIELD, ILL. Spectal Dispatch lo I8 Chicago Tribune, BrniNoriELD, Sopt. 20.—There wes no oxcite- mont horo to-day st all, and tho banks moved on smoothly and confidently. It is belioved that confldonco is fully rostored, aud no further troublo is anticipated unless ome unlooked-for oveont shonld happen, Tho deposits to-day woro largoly in oxcess of tho nmounts pald out. G Sl Dispateh by The Chisago Trtbune, al to fcago Tribune, DuDtgoR, Ta Bopt. 20,—Tho, baule of thin olty, with the oxcoption of tho Morchnnts' Na- tional and Dubuqne Savings Banks, are dolug businoss to-day o8 usual. The panic is over. A committeo of tho Morchants' National with tho United Statos Bank Examiner, M. O. Dering, aro engaged to-day in examining tho condition of that bank. A thousand rumors disparaging to the managemont of the bank are afloat, and it is to bo foared somo of them are woll founded. Thoro 18 n doop fecling of insocurity among depositors. ‘Tho trath will soon be known, BT, PAUL, MINN. Special Dispateh to The Chicago Tribune, 81, PauL, Sopt. 29.—~Tho financial situation is unchanged. City baoks to-day were more lib- oral with thoir cistomors than Inst weok. Tho report that Minnespolis banks were expecting Baturday to suspend to-dny is explicitly contra~ dictod. " In commorcial circlos a confident fool- ing prevalls that the worst is ovor, and all classes nro oncouraged by to-day's roports from Chicago. MCAREGOR, TA. Special Dispateh to The Chicago Tribune, McGnecon, Ia., Sopt. 20,—All checks that have been prosonted to the First National Bank of this city havo boen paid promptly. The bauk is in a good condition, and fully able to meot all domands. SAGINAW, MIOH, BaoINAW, Bopt. 22, — Evorything ia uiot ot our banks, which ‘are doinj tholr roguiar businoss n_ tho old way. visit to tho banks of the two citios diacloses tho fact that, during the oxcitomont of Iriday and Baturday, the deposits of nine of the banks were considorably in oxcess of the currenoy drain out, _XEOKUK, * Keoxuk, Ia., Bopt. 20.—The oxcitomont of Saturday has g(von ‘way toa foeling of confidenco and encouragoment. Thero have beon no fur- ther indications of & run on the banks, the mon- oy drawn out having boon used almost entirely for ordinary businesa transnctions. The dopos- its have beon larger than usual, and tho banks had more mongy at the oloso than at the oponing of busincss. The news from all quarters is ro- coived with much satisfaction, and the gonoral conviction here is that the panic is over. AURORA, Aumona, 1L, Bept. 20.—Financiol mattera aro vory quiet in Aurora to-dsy. Merchants aro do- positing in tho banks as usual, aud tsking es- pecial prins to draw a8 littlo 8 possiblo from the banks. Ordors have been given to doposit tho onrnings of tho Chicago, Burlington & Quinoy Railway in the Tirst Notioual, of this city, until further ordors. The Company will commence paying their employes at tho eastorn ond of tho rond, and it is expected will pay abous as early in tho month as usual. Tho distribu- tion of $100,000 from this railrond corporation, each month, in Aurora, causes our poopla to study tho pocuniary prospects of this Company with' interest. YONRVILLE, TLL, ‘YorrviLLE, 1., Bopt. 20.—No bank-susponsion hero. Too much grain in this rogion, and too much money flowing in to make it ncccssary to suspend. 'l hmf car-loads of corn aud oats wero shippod from this place last weok by J, A. God-~ dard, and thirty moro will bo uNpEad this woelt, Prices aro but a fow conts lower than two woeks ago. Bottlements are boing made upon the pust week's transactions, with corn at 80, and oals at 22 conta. QOLUMDUS, 0. Corvnnus, O., Bept. 20.—Tho financial trouble has a8 yot had but very slight offect upon this city. Whila all tho banks havo beon propared for & run, thus far this precaution has proved unnecessary. Instead of disastronsly affectin, ‘manufscturing establisbments, thero 18 tho usua! work solng on, andall skillod mechanics find demand for their labor. New manufactories are being built, sud all old ones are running full sots of handg, and cannot fill their orders, Our bauks buy Enstorn oxchanga very cau- tiously, and discount scarcely any papor. There has been no concortod action among the bankers, oach firm proferring to attoud to its own affairs, JEFFERSONVILLE, IND, JEvFERSONVILLE, Ind., Sept. 20.—Tho First National Bank of this cify opened an Lour Iater than usunl this mom&nF, and doclined to pay checks except for small amounts, on account -of the searclty of currency. ‘The Citizens' National Bank is meoting nll demands made upon it, 1t is roportod that the Ohio Falls Car & Lo- comotive Company will suspend all oporations at that mammoth concern, thereby throwing 700 men out of employment. TEORIA, ILL. Pronra, Iil., Sopt. 29, —Our banks here are to- dny doing husinoss a8 if nothing had ocourred, ‘Phio deposlts, ns o genoral thing, run lnrgor than tho amounts drawn, and confidenco in the solv- onoy of our bauks {a fully vostored. OAINO, L. . Carmo, 1L, Sopt. 20.—In compliance with the resolutions ndopted by the Chambor this morn- ing, requesting tho banke to susnond curroicy payments, tho two Nationnl Banks of this city Pl fo-dny ndopb » plan similar to that adoptad in Cinclunnti aud other citios, glving cortitled drafts or exchange in payment of chocke. Spectul Dispute) o C/ ' Dr.nb’linmuu. Sopt. 20.—Mouoy matters all quiot hore to-dny. A largo majority of the Iown hanks havo not stoppod puylng out all amounts during tho panio, In nosrly all the smaller gized fowns, and in somo of tho citios, doposit ors avo owing the bauka largo amounts on time- ohecks drawn to purchase grain, live stook, and goods. ABROAD, Tonpox, Sept. 20,—£325,000 in bulllon_wero ghipped from Plymouth for New York on Satur- day, and the stcamship which salled from South- ampton ou the sane day for New York took out £10,000, Engagements have boen mado for the shipmont of £60,000 by tho stesmwhip from Bouthampton to-morrow. It is said £600,000 are booked for shipment this week, Tho amount of bullion withdrawn from the Bank of England on balance to-duy is £638,000, The Direotors of tho Bank of England have fixed tho minimuwm rato of discount at b per eont. Thia annotncad increaso in the rate caused muchy aurpriso in flunncinl civcles, fl‘m failuro of threo bankers, in consequence. of_the fall in Erio shares, bas boon announced. Loxnox, Bept, 20.—4 p. m,—The demnnd for: discounta at tho Bank of Evgland and in tha: open market I8 hoavy ab G per cont. 4;90 p, m.—Money rato on tho Block Exchange {58 por cont on Governmonts; United Statos: now b's, 0004, Tofloxto, Ont, Bopt. 20.—Government has ordered boftn ‘million storling in gold from Eng« Iand. It hns also recefved information that a million storling has been shipped for Now Yorlk, and constderablo sums for Cunndian banks. Tha fooling in England is confident aud hopeful. ToxnoN, Sopt, 20.—Onc falluro i reported from Hamburg, It In oxpected that additional susponsions will be anuounced in London to- morrow morning. MARRIAGES. A ~In _Springfiold, Mana., on Wodasetes sreninas Rust 2h. b fho Havs Do Khiciugs nm, Mnry O. Gray, daughtor of Ubarles Morrlaw, 1iaq., and William Harriaon Hradloy, of (his olty. RE ZGIZRALD—In this city, fept. 28, Mr. John_Henno and Miss Anna Fitzgorald, all of thi eity. T~ Hoston papors ploaso Gopy. DEATHS. ' D LEY-. o Trtand-ny. Sopt. 9, Mary Mane ARNLEY-At 531 Bluo e ry nlog, tho bolosod wito of Joln arnloy, 1o the 40U~ year ot or ago. Torvnto papors Elnnln COpY. AUCTION SALES, By WM. A. BUTTERS & CO. Top and Open Buggies, Family Carriages, Trotting and Farm Wagons, Beach Wagons and Harness, AT ATUCTION, On WEDNESDAY, Oct. 1, at 10 & m,, At our Balosroom, 15 and 17 Randolph-at. WAL A, BUTTERS & CO., Auctionosrs, Exchange Your Bank Account for REAL ESTATE, AT THE AUCTION SALE OF DEXTER PARK PROPERTY, On Wednosday Aftornoon and Evening, Oct. 1, 1873, at 3 o'lock and 73 o'elack, at ‘WM. A. BUTTERS & CO0.’S Real Estate Salesroom, 144 & 146 Dearborn-st, Chceles upan City Banks (including suspended ones) nud Suvings Bunl Accounis tlcon n Cusli for Lots purchitaed nt this sule. 100 LOTS IN DEXTER PARK SUBDIVISION Fronting on Morgan, Carpenter, Abordoon, May-ata. and: gum‘.r?‘ " Dotwooh Filty-lirstet. and Fiy-Alth ats onlova: Only ton minates’ walk from tho Plitsburgh & Fort ‘Wayoe Railroad. Fare, 8 ocnty, Tho Fifty-iith-st. Boulovard, now belng Improved, and Contro-nv,, with o Gefout sawor, which is alrondy in, makoa this proporty vory desirabla for restdonoa or (nvests ment, o porfoot. o TURMS=SIA carlt an tho day of eala; 875 within 16 I oars, and {n mo paymonta. ya; balanco Year In oty pasmont S ‘Royl Eatnta Auctionoors, Woom 3 Hawloy Building, 14 and 146 Doarborn-st. Fine Collection of OIL PAINTINGS AT ATUCTION, On TUESDAY and WEDNESDAY AF- TERNOONS, 8ept. 30 and Oct. 1, At our Salosrooms, 15 and 17 Randolph-st. o witl offor 1 fino collection of. Oll Paintings from the Art Gallory of 1uals A, McCont, Evq,, Philndelphla, ‘contalning works by many of onr inost prominont artists. Pletures and framos will bo sold togothor, _Snlo poromp- tory. uaien ondy and pletures on oxhibition Mo g WAL A, BUTTERS & CO., Auctioncers, P#Salo sommiotichiz at ¥ n'clock vack day. LARGE STOCK . Ready-Made Clothing, Gonts® Purnlshing Goods, Shista and Dsawors, Glove e et fmont Gloting. . Also rotadl stock of Boots and Shoss, AT ATCTION, On TIURSDAY, Oct, 2, at 9 1-2 amm, At our Balesrooms, 16 and 17 Randolph-at WM. A. BUTTERS & CO., Auctioncass. BY G. P. GORE & CO., 63and 70 Wabash-av, ANOTEHERI!! Fine Sale on Tuesday Morning. Sept. 30, at 8 1-2 o’clock. DRY GOODS! . Droa Gopds_Custom-Mado Glathing, Notions, Hosfory, Underwoar, White Goods, &e. Mon's and Boys' Fall and Wintor Hats and Caps in grmat oty Tadios! nd Missor' Fino Trimmod Hats, Rich, Line of Feathors, Llowors, Laces, sud Deosa ‘rimmipgs. Casvimoros, Satinots, Treotls and Jeans, Yino Line Blnck Alpncas, Ladios! aud Gonts' Scarfs andl jos, ngralu sold, by tho Rall only, at 1 Lino of ¥ane) Salo opéns with o oy LAVAEGODS. . P, GORE'S CO., 63 and 50 Wabash-av. NOSUSPENSIO By GEO. P. GORE & CO., 88 and 70 ‘Wabash-av,, of their auction salos of B00TS aud SHOBS, Our usual Wodnesday’s sale will be held Oct. 1, at 8 1-2 . m. Manu- faoturers arenot making a oase of goods, and the sharp morchant will stock up now, 800 cases assorted goods will be offered. WILLIS, LONG & C0. ‘Wil sell at Auction, at 8¢ . m., on Wednes. day, Oct. 1, at thoir Salosrooms, 105 & 107 Bast Randolph-st., Alarge lino of Parlor, Chamber, and Dinfug-room Fare aiture, fo Hair Clath and Rep: Marbletop Chamber Sults, Marblo-top Centro Tablos, Sidchoards, Book Casos, Dasks, Sofax, Loungus, Spriug Bods, Hairand Husk Mattecsses, Pillows, Brusscls and Waol Oarpots, Orockory, Stoves, &o., &o. Also, two Plauos, ona Molodeon, threo Bitllard Tablos, two large Black Waluut and Ash Bar Countors, Tables, +Chalrs, Hotel Rango and Bronler, fivu sots Double and Stoglo Harness, ono fins Top Phaoton, ono Opon Buggy, ono Hoavy Wagon. * WILLIS, LONG & CO., Auotioncors. = REMOV.AT. TAYLOR & HARRISON, Auctioners Will hold thuic oponiug salo of FURNITURE, CARPETS, &c., At thole Naw Storo, 204 & 206 East Madison-st., at 9% o % o'cloak, Dry Goods & Notions. A large line of Oassimeres, Shirts and Drawers, Flaanel, Cassimere, and Whito Bhirts, Oardigan Juckets, Towoling, Hand= korohiofs, Hosiory, Bdging and Insorting, Bohemian Glassware, Vases, &o., &o. 81 & 33 South Canal-st. Ly 0SGOOD & WILLIAMS, ‘Wost Bide Auotion House, 83 South Canal-st. Tavo auotion salos on Woednowdays and Saturiay NEW AND SEGOND-HAND FURNITURE Ot avory doscription, Carpots me bt Aot i e R tholr anles aud save 55 pur cont in busing, Othor than, aato days will sull a3 avorago auotiou priaos LY BRUSIH, SON & CO., 41 Bouth Canalat, (hattel Martgage Balo of Furniture, un?nu, oto.d ario lot, nt —— WEDNESDAY, Qct, 1, at8:0s. v, Alio Uounekiuld Quads on aodount of furuier purchiasurs, Al 1o ba sold withiout rosocso for grosnliacks. BitUsIL BON & G0.L Auctiucers- Oasli addvancos on cousiguuiontss