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10 Smead, of the Citizens' Bank of Cincinnati, that suspended in 1853 and 1854, and had just recovered from its embarrassments and paid up in full, when the commercial panic of 1857 occurred and again carried it under. After two years suspension, its manager has again paid up in full, and reserved a private fortune of $150,000, on which he proposes to retire from the hazards of commercial life.
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THE Upa AND Downs GRINA CINCINNATI BANK TNG Aus Review AT LAST. During the travie 9. prille 1852 S. the Citizens' Bank of Cin innai awned by Smead, Collard & Hugher, was forced to suppend. Its liabilities were over 3 m liten of dollars. The in in ai Guzette 9F ys the the back list in 1858 4, but is baying paidits creditora in fall, resumed, and had rec vered slmost entirely 'damaged re; utation, whenlie twis carried under by the last financial circles, mainly owing time loss of $160,000 of its cash mesen through the M time of the Trust Company of this bilys and Beebe & Coll of New York When the first suspension took plane. in 1804 an exhibit was made, which showed a large exceps of/eri-ir This wis donbied as usent. by the pâblic, who had learned to phica but tads confidence is suels statenea has any alreay remarked, the bank has paid its debts and had a linudsture surplus, with which le resumed Upon the ocession of the second suspension an exhibit was again put forth, showing a large excess of albets, but this win the first case, was received with a considerable degrée of allowance for had delite etc. There was a confidence, however, which kepit the checks to n pretty full rate, and this ear Edence, as the final result now almost reached shows. wernati misplaced Mr Smead having arranged mistiers with his partners, has, since the failure. given bis white time to the settlement of the busines unit We learned that of the $1,000, 000 due where the bank suspended there is now outstanding only nineteen thousand dollars, and this smount Mr. Smield is prepared to pay whenever called for. We alea learn that Mr. S. will have a supplies after paying all bis debts, of $150.000, up on which it is his iste nions we believe, to retire Of the numerous suspension in Cineinnati, in the banking business during the panics of 1853-4 and 1857-8, the only with the exception of Daplery Drake & Co. in which creditors were paid in fail.