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MORE HOUSE. NEW YORK. NEW YORK, September 24.--The ten The milof loan certificates are exhausted. associated lions banks will issueten millions more to-day. The Bank of the Commonwealth are sued for collateral which they cannot produce tender of amount loaned. upon Carlton, the secretary of the Union Trust has friends who are in treaty with Company, the bank for a settlement of his defulcation. Henry Clews claims that his securities are He more than ample In ordinary times. iinfar resume when the money market proves. may The published list of their national corrcspondents includes twenty-four tittyand State banks and one hundred and eight private banks. The Stock Exchange remains closed until further orders. The feeiling is excited; Western Union, 62 bid, 64 asked. Howes & Macy have suspended The Sub-Treasury has bought half a million in bonds. Mr. Macy, of Howes & Macy, saysall depos- houses like theirs, having a large number of itors, LONDON, must suspend. September 24.-Clews, Habitch Co. have decided to suspend. They Co. are & the account of Henry Clews & for £240,000. liable to Their own liabilities are £640,000, which they can meet, but not those of Henry Clews & Co. A Berlin dispatch announces the failure a bank in that city. of Consols, 924 to 92 ; new 5's, 91.) to 913. Erie, 414. NEW YORK, September 24-2 P. M. Brown & Watson have suspended. All quiet about the savings banks throughthe city. No suspensions of payment out have occurred to-day. The directors appear to be more confident. Two and a half millions in loan certificates issued to-day by the Clearing-House, were and the Government bought over the same amount in bond 3:50 P. M.-The streets are very quiet at this hour. The day closes hopeful but rather gloomy. Money is so stringent here that no obliga- limare contracted, and all business is ited tions in amount. Paper falling due is renewed in full, or with a small payment on account, and creditors are disposed to be The indulgent. No failure has been reported. banks pay checks as usual, and there has not been the first symptom of a run. PETERSBURG. QUIET DAY-AN UNFOUNDED REPORT A MEETING OF THE CITY COUNCIL-FEDE RAL OFFICERS IN THE CITY. ETC. [Correspondence of the Richmond Dispatch.] PETERSBURG,September 24- 7 o' Clock P.M. has All along the weary lines to-day there It is prevailed the quiet of exhaustion. of deposistated that there has been no run the on the few remaining banks of city tors have not suspended payment, and that for which reason and for others it appears a this feeling of confidence is beginning been to better The Commercial Bank has prevail. I learn, a number of tobacco checks their paying, on it by farmers for the sale of drawn though only $2,250 has been drawn wide produce, depositors-virtually nothing. A the by of opinion prevails as to its operations macontinuing difference wisdom and policy of any while institution the their of them are lying flat on of those who banks which are still open is the excitement and joriy the backs. alive The argument stimulate that sustain they the keep which had better quiet, and that they by which money is fevered absolute through hopes, being furnish be soothed drawn intro- the media of the city, while none is being bodyout so that our already weak duced, is thus being depleted and reduced that the financial argument on the other hand is elehe of the city and of the business of ment credit of the city rest on the maintenance the institutions still left solvent. report of the failure of Messrs. MeIlThe & Co., which was widely current yeswaine and to which reference was made founda- in terday, correspondence, was without this and it appears that that old-established sound tion. ably-managed establishment is of and solvent, and as worthy now as ever exciteand confidence of the public. In the the which ran at fever heat ment, statements obtained insome which were other unfounded. credit yesterday, For and it was stated that went to protest on notes currency stance, & Co. Plummer, for for $63,000 Young small were protested a were In large amount which in common with bound share truth in for a they others; their they part. and, could have met affairs, it best to wind up decrash that was they while thought the they coming, their and basis. seeing to put all creditors on an equal siring house has the warmest sympathies of of it This entire community, the members social and the popular as well for their ehabeing worth as for their business It was personal and high commercial standing. Richards acter an error that Mr. George Savings S. Bank also president of the People's nominal preis James H. Platt, Jr., is the really Hon. but Mr. T. T. Broocks has some sident, been manager of the institution for time past. was a meeting of the City situation Council There this afternoon, at which the action held discussed at great length, but no rewas the adoption of a resolution the taken except previous ordinance requiring pealing a to be deposited at the Merchants Bank, city funds Bank, the People's Savings Council National the First National Bank. The and by and addressed by several members followwas J. H. Chamberlayne. The the city Captain ing is a statement of the deposits of in the suspended banks City Fund. $71,701 70 At the Merchants Bank 37,398 62 At the People's Bank $109,100 32 Lower Appomattax Improvement Fund. $23,223 07 10 387 BB Merchants Nation il Bank
