Second National Bank (Washington, DC)

Episode Information

Episode UID
203800879
Episode Type
Suspension β†’ Reopening
Bank Type
national
Bank ID
20380 national
Charter Number
2038
Start Date
March 11, 1873
Location
Washington, District of Columbia (38.895, -77.036)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
26f6b9e43e42f709

Response Measures

None

Events (4)

1. September 3, 1872 Chartered
Source
historical_nic
2. March 11, 1873 Run
Cause
Rumor Or Misinformation
Cause Details
Depositors formed a panic-like crowd and made heavy withdrawals amid local alarm and nervousness; officers repeatedly assured solvency.
Measures
All checks presented were paid; officers publicly reassured depositors; bank remained open and paid out large sums.
Newspaper Excerpt
the storm had much ... during the run every check presented yesterday was promptly paid.
Source
newspapers
3. September 29, 1873 Suspension
Cause
Macro News
Cause Details
Nationwide financial panic (Jay Cooke failure and related runs) led banks to substitute certified checks and restrict currency payments.
Newspaper Excerpt
the banks ... resolved that the banks ... may certify checks for their customers in lieu of paying currency ... This arrangement goes into effect Sept. 29
Source
newspapers
4. October 1, 1873 Reopening
Newspaper Excerpt
The Second National Bank of Washington has resumed currency payments.
Source
newspapers

Newspaper Articles (20)

Article from National Republican, March 12, 1873

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vulures among dead and dying fat bank officers, and were full of wrath because they couldn't find them. There were several strong men, too, who live in this community, and who hung on the outskirts of the crowd, offering to bet any amount that the bank was solvent and would pay every dollar. Says one: "I'll bet a thousand dollars, and put the money up, that the bank can't be broke, and no one took It. Another said: "If I had ten thousand dollars in that bank, I'd put another ten thousand with It before I'd draw out a cent." A young German came along, saying "I've some monish in dat pank, ant mine Got von himmel, It can sthay dere." One fellow came frantically rushing into the crowd singing out to everybody he met, Where's Mike Urell? Where's Mike? Everything is going to Smithereens:" And what the divil to do you want of Mike?" asked an Emeralder near "Howly he again out: 1 the the mither! "they've where's got Mike?" money of brawled by. Hibernian Society, and he can get It, you spalpeen ye. Where's Mike? I wouldn't have done one thing if I'd been them." said another. "This bank is sound, and its folly to have that sign out that they'll keep open till 10 o'clock. They should close at 3, just like look at that got woman. Says another: They have Now, their any money other out-quite man bank. and a roll of 11. They are green as pumpkins They lose it before night. And another: "See that woman reading a paper. Now she'll go and make an ass of herself, like the rest of them." From one remark learn all. the storm had much was the made to the crowd subsided, Towards speeches and evening good feeling pretty by created Mr. J. C. much by of the Second National and by Gen. bank, McKelden, by Mr. president S. T. Suit Carrington, speaking in the Mr. Ruff, and of absolute all praise of them belief of highest avowing terms an in his perfect Integrity. Later in the evening, from 9 to 12 o'clock, very calm survey was taken of the field, and the probabilities of to-day forecast. First, to the credit of the bank, the very important admission was made that during the "run" every check the was counter yesterday was promptly paid. Secondly, presented it at admitted that the officers of other any amount of and that their in to had sustain proffered Mr. Ruff, money banks proffers necessary in town had taken on was known from bank concluded many that Thirdly, when Instances It the substantial positive operations evidence forms. last at stood amid e file dees sands night the of real tellers bona greenbacks thousands ready on for thonto livery to "uneasy depositors" to-day. Fourthly. ly It was not forgotten that the business of men of the city, the "merchant princes," in and the guides In public opinion all spoke contiin dently of the Integrity of the bank; and sixas It to the the that one minds teenthly had of and all been lastly, depositors happened "called dawn day's on warning now given, and that loans' d per come in with a a and overwhelm all ist might Thomases," would astonish chance "doubting rush that All these things, to a en and enabled and tle he to take a glass of seltzer unmost his friends reassuring effect, repeat, Mr. with Ruff an had ruffled spirit. To sum up, the bank has about he three thousand accounts. Yesterday some sev. ox enteen hundred presented checks, all of which of were paid. The highest amount drawn on any the one check was $18,000. The bank will open this ess morning, at 10 o'clock, and proceed with bustroness as usual. 1 it Of the intentions of the officers of the we stihardly in a to the er but this much be have public information to-day, may shape safely give bank stated: to mon 1st of April next the for will assume a few ch City have that Savings a new the Bank" "Washington from and name. It will also have a solid cash in many thousands It Is ter nor that there are nine capital sary to of state, how not wealthy neces18incorporators-a this will be told in due mto say that the interests of lly but itors suffice now It be depos- time: are to enhanced by the new arrange rst ments contemplated 1uSavings Bank, inanticipated The Freedmen's that where it was another run would occur. ,worked an routine way, no crowd Id, the bank the along noticeable In its about usual during entire being day. in, were only about sixteen and some depositing and sea At in ing the noon funds, bank, there while others persons draw. no indications were given ace any uneasiness was felt ks. the institution. The show the assurances safety that of cashier concerning gave to ray they were able to of consoled themselves A as had once that demands, their and that depositors fully made with a meet the rush fact all on se. satisfied, It would be difficult to ith to make a second them induce At the and them been attempt. the National Savings bank, H. A. Willard, at no change was usual president, noticeable from the deroutine, and matters during the day prothe gressed as usual. les, enth The German-American Savings bank, on Sev. ten street, above E, was not disturbe.1 the corporators of this to many our German and panic. of Among substantial American bank by the are als, bank always a noe one of the in ith United equal citizens, to States The fourth aggregate keeps sum deposits on hand securities, which can be nd, at the loans made the security in the District of real any estate time, and upon Columbia first-class realized joy the aggregate three air. the bank. of of never the received, funds exceed of and in Deposits $1 fourths or more of are such interest as the profits of a the bank will allow is paid on all sums remaining all on deposit one month or longer. Such Jeposits her are designated as ordinary deposits. Business bedeposits, payable. demand by checks, bear yes three per cent. interest on the average daily balthe ances of such accounts, and is added or paid ght semi-annually on the 1st days of July and Jan. "O nary. It's


Article from New-York Tribune, September 24, 1873

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THE SITUATION. Though the panic broke out afresh, yesterday afternoon, we are far better off than the panie-mongers can believe. On careful examination, the wild alarm into which the Street was thrown is found to have little larger occasion than the failure of Henry Clews & Co., and a few out-oftown failures and runs. Clews & Co. made a gallant fight, and, all things considered, held out better than could have been expected. The country failures everybody should have anticipated. Four such banking houses as those of Jay Cooke & Co., in New-York, Philadelphia, and Washington cannot suspend at the outset of a New-York panic, when nobody is prepared for it, without gravely embarrassing scores of small banks all over the country. But the situation out of town proves far better than the alarmed brokers and private bankers believed last night. The Petersburg suspension is not alarming; the report of great trouble in Chicago is false; in Philadelphia and Pittsburgh the prospects are better; Senator Palmer denounces the story of a run on his bank at Amenia as unfounded; the runs are over in Albany, Trenton, and Washington. Courage, then ! The scare is far worse than the hurt. But we have no purpose to deceive our readers by underrating the gravity of the crisis. There is no reason for further panic and no sense in it. But we would be unreasonable if we expected, after what has happened, that no brokers with worthless stocks, no private bankers with wild-cat securities, should yet suspend. We must learn not to get into a fresh panic over every one -that is all. Our leading banks are sound. Practically they have stopped paying out legal tenders, and are thus nursing their reserves, while continuing to afford facilities for business. A great deal of liquidation is going on. The reports about serious trouble among dry goods men prove unfounded. Capitalists and that large class who keep small sums at hand watching for chances to invest legitimately at low prices, have now their opportunity, and we urge them to come forward. They can make large profits for themselves and greatly relieve the Street, by buying freely at the low rates now ruling. If you have money to invest, go to Wall Street and buy stocks that represent solid property today. If you have not, keep away, and do n't add to a foolish panic by your needless presence.


Article from Chicago Daily Tribune, September 29, 1873

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cited throng ot bankers, Drokers, aua The letter of the President and the favorable news from Chicago will, no doubt, exort a bonoficial influence hero to-morrow. WASHINGTON. Special Dispatch to The Chicago Tribune. THE EXTRA SESSION. WASHINGTON, D. C., Sept. 28.-Tho talk of an extra session of Congress, 80 far as this city is concerned, is tho morest gossip of irresponsible hotel and newspaper offico loungers. The idea has never once been eithor seriously entertained or discussed in official circles. There has not been a prominont member of either House of Congress here this summer, except Gon. Garfield, who comos to look after his private matters, and he has but littlo faith in the officacy of a move of this character. So far as the Administration is concerned, it is inclined to think an extra 808sion would be especially INIMICAL TO THE REPUBLICAN PARTY, and, like Martin Van Buren's extra session after the panic of 1837, might result in electing an opposition President as our of its consoquences. As prodicted in those dispatches, THE USUAL MONTHLY PROGRAMME of the Treasury Department has been abandonod for the ensuing month, HO far as the order to Bell gold and purchase bonds is concerned, n)though it is not improbable that if financial mattorn shall present a decided changowithin 10 days or two weeks, the Department may then mako up programme in lieu of the customary one. However, the Secrotary has ordered the prepayment with one-half por cont rebate of the interest on GOVERNMENT DONDS DUE NOV. 1. The Secretary is said to be determined not to do anything further in the way of bond purchases, and not to allow auy of the 814,000,000 logal tender reserves to be used for any purpose whatever except to meet drafts upon the Treasury which the receipts will not cover also, that, no matter what pressure may be brought to bear, lie will not purchase before January next tho bonds maturing at that time. Judgo Richardson is represented as having said that ho believes there is AUTHORITY IN THE BANKING LAWS to warraut interference by the Government in the matters of any National Bank which may suspond payment to its depositors. That, he BRYH, is something the Government has nothing to do with, and unless a bankrefuses legal order for a note of its own issue, no interference will occur. Ho thinks the First National Bank, of this city, committed a great blunder in having a Receiver appointed, and morely added to the financial panic by doing as it did. 11o had difficulty in finding one of its notes to protest, and it could just as well have gone on and liquidated its debts and saved its charter. WHEN A RECEIVER 18 APPOINTED a National Bank is like the oatate of a dead man, and can no more be regarded in the payment of its debts. THE PROPOSITION FOR SETTLEMENT with creditors, which was promised by Jay Cooke & Co., is expected to be made public to-morrow. It is understood that the Company will offer to pay 50 per cont cash, and tho remainder in intorost-bearing notes for one, two, and three years. The amount of exchange purchased thus far by the Navy Department to meet its disburse. monts in London is only $1,000,000. CONTRACTORS on the works of improvement in the city have hold meetings for the purposo of agreeing upon a determination to stop work ou the streets, avenues, etc., during the stringency of the money market, and especially because of the dificulty experienced in obtaining curroucy with which to pay the army of laborors employed up to this times. A fow contractors have oppowed such action, but n decision has been mutually arrived at, by which the work already begun will be finishod, and the laborors gradually furloughed or dismissed. FIVE OF THE BANKS of this District declino to joiu the others in the adoption of the plan of suspending payments ou drafts for large amounts and the issuing of certificates in their stend. {To the Associated Press.] ACTION OF THE WASHINGTON BANKS. WASHINGTON, Sept. 28.-A number of bank Directors, officers, and bankers met on Saturday, formed an association, and resolved that the banks and bankers of the Association may certify checks for their customers in lieu of paying currency for all deposits hold by their to this date, but will open special accounts of currency, payable in currency. THE CERTIFIED CHECKS will be received by different banks and bankers of the Association, on deposit, and in payment of notes due thom, which certified checks shall be redeemed by parties certifying in loan certificates, issued by the Controlling Committee upon doposite of collectoral security. Each bank will regulate its own exchange with other cities. This arrangement goes into effect Sept. 29, and continues till Nov. 1. THE BANKS WHICH DID NOT SIGN this agreement are the Bauk of Washington, Rigga & Co., the National Bank of the Republic, Farmors' and Mechanics' National Bank, of Goorgotown. STREET


Article from The New York Herald, September 30, 1873

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THE CRISIS IN THE COUNTRY. The Payment of Depositors in Certified Checks by National Banks Pronounced Illegal. WASHINGTON, Sept. 29, 1873. Application was made to the Comptroller of the Currency to-day for an opinion as to the legality of the action of the national banks in substituting certified checks in payment for their current in debtedness to depositors. The Comptroller promptly replied that the action of the national banks in entering into such an arrangement was illegal, and in direct violation of the National Banking act. Several parties, in consequence of this opinion, reported to the Comptroller that the National, Metropolitan and Second National banks had refused to cash checks of depositors, whereupon the Comptroller said that he would be ready to-morrow to entertain an application to put both banks in the hands of a receiver. The Comptroller positively declares that every bank that has substituted certified checks in payment of actual indebtedness at its counter has incurred the penalty affixed by the National Banking act, and that he is not clothed with discretionary power if such banks are reported to him.


Article from The Wheeling Daily Intelligencer, October 2, 1873

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MINOR TELEGRAMS. -The King of Saxony is dangerously -The Second National Bank of Washington has resumed currency payments. -The public debt statement shows a reduction of $1,901,467 during the past month. -Ex-Governor J. D. Cox, of Ohio, has been Γ©lected President of the Toledo, Wa bash & Western Railroad. -The Grant locomotive works at Paterson, N.Β° J., on account of the scarcity of greenbacks, has discharged an additional one hundred and seventy-five men. -The Danforth Locomotive Works of New Jersey, will place the employes in their foundry on half time, or work two gangs on alternate days. -The work on the Delaware, Lacka. wana & Western railroad tunnel through Bergen Hill has been suspended, throwing over tour hundred men out of employment. - -Cummings' Car Company, of Jersey City, has been obliged to suspend, although its assets will more than cover its liabilities. The trouble is the large amount of the debts due from railroad companies that cannot be collected. -The Court of Appeals of New York has reversed the judgment of the lower Court and dismissed with costs the complaints against the Staten Island Railroad Company. These were the famous Westfield explosion cases.


Article from The Rock Island Daily Argus, October 2, 1873

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in TELEGRAPHIC The Inside of one National Bank. In It is Rotten all Through in Its Managers a set of Swindlers. Everybody Cheated. A Better Feeling in Chicago More Failures in the East. C Manufacturers Stopping Work. The Independent Party in California. Dessensions in Sangamon County Gov. Palmer to Speak for the Independent Party at Jerseyville. Other Items of Interest. examina DUBUQUE Iowa. Oct 1 An tion into the affairs of the Merchants tional Bank discloses the most baref the dishonesty and fraud ever known in men history of banks. and that, too. the who have enjoyed stock of the community for The holders have decided go into and stand bankruptcy, rush are and good, depositors make graund to find property owned by the defaulting officers to make good the claim The depositors bank. with the National Bank. has False keep drained to up entries on the books of dues from Chicago and New York banks made deceive the Directors. The public bank the raged The and all deposited there has cluding the Bishop of the diocese who in the vaults, All the hard and the stock dol to make good enough promise when the exact liabilities will be made known de of The feeling CHICAGO, final sus by the Bank the and way, prospect than grain The prices National the Third resume within week probably but appears that will banks able all There right through may in the settlement fficulty but there not believed are as fact the In that much some impro fur begun already dealers in to grain in the and, does some not diminish having been received yester doubtless will dations and by all the banks, resume its usual channels bet much There CHICAGO. to day in Chicago feeling prices grain. The board re to-day action of few days since to in option regard rule considerable trading for future. YORK Oct 1. -The Grant locomo Paterson. on account of the scarcity greenbacks has discharged men additional The the Delaware Lackawa & Railroad tunnel through Ber five hill, suspended. throwing over hundred men out of employment alth Jersey The Cummings Car Company of City has been obliged to suspend although assets more than cover liabilities The trouble large amounts due Railroad connot be John Winthrop Chick. bank suspended this morning Heavy from Western depositors was the They have had no dealing with the Stock Exchange. Palon & Co. Broadway. an old house suspended to-day, but anticipate speedy resumption. IST WASHINGTON Oct. 1. The second Na tional Bank has resumed currency pay ments de The public debt statement shows $1 crease for the month of September of 901 467, and the total debt less cash the Treasury $2 38,793,898. In th Treasury, $94,785 789. At the PHILADELPHIA, Oct 1 reques of th the debtors and by consent petitioners the order requiring Jay Cooke ad to show why they should not be judicated bankrupts, has been continue for week. MILWAUKEE, Oct 1. The Chamber Commerce adjourned till Saturday noon 'Si enable buyers of wheat to have currency pay for it. Market firmer but unsett b, BALTIMORE, Oct 1. -Thos. Kemp& Co suspended to day. Liabilities $80, 000 Assets $40,000. TOLEDO,Oct. At the annual meetin of the Toledo, Wabash & estern Rai road Company. held here to there full representation of stock, and the lowing Board of Directors was elected Di John Tracy, of Illinois Sidney lon Milton Courtright, of Ohio John Co. Casement, Ohio Cable. Illinois John Ross. D Cox. Ohio A J. Cray ford, Indiana A. Schell Kenyon Be Wm. L Scott George Cecil edict John R Cecil: S. W Phelps, diana E While the election was being held. aft the meeting was organized and votes been cast, an -parte preliminary injune ch tion, issued by Judge Paine, of Cleveland was served, restraining certain stock -hold ers from voting. After the election th new Board organized. and elected retary of the Interior J. D. Cox. Preside ST. Lours. Oct. 1.-J. A. Stevens.cashi of the St.Louis Mutual Life Insura Ete


Article from New-York Tribune, October 2, 1873

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THE SITUATION ELSEWHERE. THE LAW CONCERNING NATIONAL BANKS AND THE CERTIFIED CHECK SYSTEM OF PAYMENTS. WASHINGTON, Oct. 1.-The Controller of the Currency has not stated to any one that a national bank can be placed in the hands of a receiver for failure to pay checks of depositors. No case of this kind has been presented to the Controller for decision. Section 53 of the National Currency act provides that if the directors of any association shall knowingly violate or knowingly permit any of the officers, agents, or servants of the association to violate any of the provisions of the act, all the rights, privileges. and franchises of the association shall be forfeited; such violation shall, however, be determined and adjudged by a Circuit, District, or Territorial Court of the United States in a suit brought for that purpose by the Controller of the Currency in his own name before the association shall be declared dissolved. No application has been made to the Controller of the Currency to begin proceedings against any national bank under this section during the late panic, nor is it known what would be the action of the Controller if any application of this kind were made. JAY COOKE & co.'s AFFAIRS. WASHINGTON, Oct. 1.-There have been filed in the office of the Recorder of Deeds several instruments of writing by ex-Gov. Henry D. Cooke, conveying to Jay Cooke, trustee, his real estate in Georgetown, in three pieces, known as the Cooke property. A widow in Georgetown has entered suit against Jay Cooke & Co. on a certificate of deposit for $4,500. No statement of the condition of the banking-house has yet been made public. PHILADELPHIA, Oct. 1.-In the United States District Court. before Judge Cadwallader, an order granted last week, upon the petition of Edward Wilson, against Jay Cooke & Co., to show why they should not be adjudieated bankrupts, which was to have been returned today, was continued for a week at the request of the debtors and by the consent of the petitioner. THE OUTLOOK AT WASHINGTON. WASHINGTON, Oct. 1.-Owing to the reception of favorable financial information from various quarters, money is becoming easier in Washington. The Second National Bank, which is in the certifying check combination, is paying out currency at itscounter. There are five banks and one banking-house in the combination; three of them savings banks, which, before the arrangement was agreed upon, had ceased pay ment. requiring 30 or 60 days' notice to be given by depositors for the withdrawal of money. GOVERNMENT AID TO THE COTTON INTEREST. WASHINGTON, Oct. 1. - The President of the Charleston Chamber of Commerce telegraphed to Washington, Sept. 29, for Government aid in moving the cotton crop similar to that afforded to New-Orleans. Secretary Richardson responded: I am not aware that any special relief has been afforded to New-Orleans. The following explanatory dispatch was then sent: The New Orleans Picayune reports that after Oct. 1 you will maintain on deposit in that city $2,000,000 in currency, at the United States Sub-Treasury, to be paid to banks on checks on New-York. Whether true or not, the Chamber asks such relief to amount to $500,000 for Charleston. Assistant Secretary Sawyer replied to this telegram as follows: Your difficulties are understood. There is no advant age to be gained by the Committee coming here. Charleston will have all the relief afforded to other places. While no special relief, as Secretary Richardson says, has been afforded New-Orleans, it is known here that The Picayune is correct in what it says. The Government was asked to deposit $5,000,000. but the amount was reduced to $2,000,000. This is no new feature, the Government always having currency in New-Orleans for the purpose named. FINANCIAL NOTES. The Louisville Clearing-house Association was dissolved, yesterday, by mutual consent. Thomas Kemp & Co., grocers of Baltimore, suspended, yesterday. Their liabilities are stated to be $80,000, and their assets $60,000. Business in Cincinnati yesterday showed a decided improvement. A noticeable feature was the increase in the amount of money in the street, much of which was placed at decidedly lower rates than yesterday. In Pittsburgh financial circles the prospect is reported brighter, with indications that the worst of the panic is over. Business among manufacturers has not been stopped, and they report no difficulty in obtain ing money to pay employΓ©s.


Article from The New York Herald, October 2, 1873

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WASHINGTON. WASHINGTON, Oct. 1, 1873 Much Ado About u Seal Lock. Next to finance, Secretary Richardson is both. ered most how to secure a seal lock for the Customs Service which cannot be tampered with, and which at the same time will not impose a great expense on the parties obliged to use them. His predecessor, Mr. Boutwell, found this a conundrum when he entered the Treasury Department, and left it as a legacy to his successor. A few weeks ago a commission. composed of representative lock men, and appointed by Secretary Richardson, decided, after several days' deliberation, that the lock offered by a Philadelphia company was just what the government wanted, provided certain improvements were made, and the report was approved by the Secretary of the Treasury. Today the attorney for Thomson's patent seal lock served a notice on the Secretary to the effect that the government would infringe his rights if the contract with the Miller Lock Company was carried out, and that he would sue out an injunction to prevent the manufacture and sale of the locks required by the Department. Here the matter rests for the present, and Mr. Richardson wonders if this seal lock business will ever end. The Financial Situation. Owing to the reception of favorable financial in. formation from various quarters money is becoming easier in Washington. The Second National Bank, which is in the certifying check combination, 18 paying out currency at its counter. There are five banks and one banking house in the combination, three of them savings banks, which. before the arrangement was agreed upon, had ceased payment, requiring thirty or sixty days' notice to be given depositors for the withdrawal of money. Appointment by the President. The President had appointed Edward C. Negley Postmaster at Pittsburg, Pa., vice John H. Stewart, suspended under the Tenure of Office law. The Property of the Cookes. There have been filed in the office of the Recorder of Deeds several instruments of writing by ExGovernor Henry D. Cooke, conveying to Jay Cooke, trustee, his real estate in Georgetown. in three pieces, known as the Cooke property. A widow in Georgetown has entered suit against Jay Cooke & Co. on a certificate of deposit for $4,500. No statement of the condition of the banking house nas yet been made public,


Article from New-York Tribune, October 3, 1873

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THE SITUATION ELSEWHERE. THE LONDON TIMES ON THE PANIC. LONDON, Oct. 3-5 a. m.-The Times, this morning, in an editorial retrospect of the late American financial panic says the recklessness and dishonesty lately characterizing the management of some of the greatest undertakings in America have induced a chronic nervousness momentarily liable to become acute. Even Americans, says The Times, are not all smart men or daring speculators. The Times thinks the danger has disappeared for the present, but political and financial causes are liable to reproduce it at any time. A country with an immense field for enterprise and comparatively limited capital is always Pable to panies. The improvements made in Western communications are most useful and profitable, but may cause further trouble. The entire blame for the disaster rests upon the unsound monetary system of the country. FINANCIAL TROUBLE APPREHENDED IN COLUMBUS. COLUMBUS, Oct. 2.-The financial situation here begins to look a little troubled. There was a disposition, yesterday, on the part of depositors to withdraw deposits, and, last night, the bankers of the city held a meeting. All but two banks were represented. It was agreed to issue Clearing-house certificates contingent on an agreement to this arrangement by the Presidents of banks not represented. At a meeting this morning, and at a subsequent meeting. word was received that Hayden's Bank and the Citizens' Savings Bank declined to go into any arrangement with the other banks. The exeitement is increasing, and the disposition to withdraw deposits is still manitest. WASHINGTON BANK PROSPECTS IMPROVING. WASHINGTON, Oct. 2.-The National Metropolitan Bank, which suspended currency payments last Monday, has resumed to the extent of paying small checks. The Second National Bank and Lewis Johnson & Co., also in the certified check combination, are doing likewise to a limited extent. Gentlemen prominently connected with these institutions say they expect in a few days to cash checks without restriction. FINANCIAL NOTES. The First National Bank of Memphis resumed business yesterday. By Wednesday's steamers from Liverpool to New-York shipments of specie for this city amounting to Β£244,000 were taken. Everybody at Little Rock, Ark., still refuses to take city money. Greenback currency is very scaree, and the stringency in money matters is greater than ever. A large number of merchants of St. Louis have signed a circular to the effect that they will receive certified checks on St. Louis banks in payment of any indebtedness, or for any goods or supplies of any kind that may be wanted. It is believed that this will restore confidence in all departments of trade and give an impetus to business. The Muskingum Valley Bank, at Lawrenceville, Ohio, after a heavy run of several days durationclosed its doors Wednerday. The banking house of Chas, C. Russell & Co. suspended yesterday. The First National sustained a heavy run, but announced its ability to meet all demands. There was also a heavy run on the Union Bank, but the latter institution invited all having claims to present them.


Article from Evening Star, October 6, 1873

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The Financial Situation in Washington. Financial affairs continue to improve in this city. The operations of the clearing house on Friday footed up $10,056.43, and on Saturday $9,068.66. THE ASSOCIATED BANKS. The associated banks, acting under the advice of their committee, are now paying out currency more freely, and using the clearinghouse certificates only for settlement among themselves. Some of them are now paying currency in full for all but the demands of other banks in the organization; the primary object of which being to arrest a currency panic, seemto have been accomplished, and we hope soon that the only effect of the recent events will be the establishment of a regular clearing house in Washington, as in other cities. JAY COOKE & co.'s PROPOSITION. A paper, embodying the proposition of Jay Cooke & Co., to assign their property to Hon. E. A. Rollins, in trust for their creditors, was circulated in this city on Saturday for the signature of such creditors in Washington as were willing to consent to the proposed plan. The following were among the signers: R. M. Cor wine, A. S. Pratt & Son, W. A. Cook, Dr. T.S. Verdi, George Cowie, Gen. H. V. Boynton, D. Patten, jr., C. D. Boynton, Col. C. T. Larned, Gen. Benj. Alvord, R. D. Clarke, S. R Clarke, E. W. Rice, Moses Kelley, Hallet Kilbourn, W. H. Wells, Wm. W. Dungan, Hon. C. W. Kendall, Juan Boyle & Co., H. Lincoln, J. H. Squier, J. P. Milburn & Co., Daniel Loughran, and Hon. Thos. J. Durant. JAY COOKE AND co. To the Editors of The Star An article with the following encouraging heading appears in the morning papers of this city: "Jay Cooke & Co. Satisfactory arrangement with their creditors." As not only the creditors of this well-known firm, but the general public are interested in any proposition looking to the adjustment of its affairs, we have taken the liberty of asking you to publish this communication. It is evident that there are two distinct ways of settling up the affairs of the firm--the one judicial, the other extra-judicial. The firm itself prefers the latter, and asks certain of the prominent creditors to adopt it. Some of the creditore, however, have manifested a preference for the former, by instituting proceedings in bankruptcy; notably the cases pending in the Supreme Court of the Dis trict of Columbia. Let NS examine the reasons in favor of the seperate ways. The firm has selected the president of the National Life Insurance Company of the United States," in which company it has undoubtedly a controlling interest, as its trustee. The firmlikewise proposes to surrender all their partnership and private property. But the judicial proceeding will also allow the appointment of a trustee, and the law itself conveys all the partnership and private property to the trustee. To this extent the two modes are substantially identical. We are advised that the petitioning creditor in the suit pending in this District would consent willingly to the appointment of a trustee, (for which the bankrupt act itself provides,) and to any precautionary arrangement that would limit the compensation of the trustee to a reasonable amount. That he prefers the judicial mode for the following amongst other reasons: The trustee will act under an oath and be required to give a bond commeasurate with the vastness of the trust estate; the latter an importati consideration in these modern times. The truste will at all times be subject to the surveillance of the creditors and the direction of an intelligent court; can, from time to time, when necessary, have his acts ratified by the court to give them validity and bind all the creditors. This should be considered, because it is not possible to make any private arrangement that will embrace and be obligatory upon all the creditors. A judicial proceeding will enable the creditors to inform themselves thoroughly of the nature, extent, and value of all the assets of the firm, and particularly of that which most interests the creditors of the Washingten house, the assets that belonged to it at the moment of suspension, and whether it was composed of the same members with the alleged branch houses in New York city and Philadelphia. Why, we ask, would it not meet the exigency of the case, and best subserve the interests of the creditors, and be abundantly just and fair to the honest and honorable, but most unfortunate, firm of Jay Cooke & Co. to agree upon and adopt the following plan of adjustment in one of the pending proceedings in bankraptcy, remembering that the government is largely interested in the North Pacific railroad, which promises to be the most valuable of the assets of the firm: Jay Cooke & Co. to nominate one trustee, the government another, and the cred itors of each of the houses of the firm one each. making five in all. This would include and be obligatory upon all the creditors of the firm. and prevent any unreasonable and dissatisfied creditor from instituting proceedings hereafter to annul the acts of any private trustee. This will allow magnanimous creditors, if the calamity prove to be greater than now believed, to give to those worthy gentlemen a discharge which may become necessary and proper. A CREDITOR.


Article from National Republican, October 7, 1873

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# THE PARTIAL RESUMPTION OF CURRENCY PAYMENT by those of our local banks which are members of the "Associated Banks" justifies the wisdom of the certified check system adopted by them. The scarcity of the circulating medium was the result of the panic, the effects of which are now fortunately passing away, and was the occasion of the temporary resort to that system; but as currency begins to flow back into its natural channels, the banks as well as the community enjoy a prospect of a speedy return to usual business customs.


Article from Puget Sound Dispatch, October 9, 1873

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Itlegraphic EXCLUSIVELY FOR THE DAILY DISPATCH NEW YORK, Oct. Northrup & bankers in Wali St, suspended this morning. Heavy calls from Western depositors was the cause. They have no dealings with the Stock Exchange. PHILADELPHIA, Oct. --At the request of the debtors and by consent of the petitioners, orders requiring Jay Cooke & Co. to show cause why they should not be adjdiucated bankrupts. has been continued for one week. WASHINGTON, Oct. 1.-The Second National Bank has resumed currency payments. The public debt statement shows a reduction of $901,467 during the month of September. NEW YORK, Oct. 1.-The steamer Colon has arrived from Aspinwall. LONDON, Oct. 1.-A dispatch from Melbourne reports that the steamer Penjaub arrived at Littleton, New Zealard, Sept. 19, with several eases of fever on board. 28 passengers died of the disease. NEW YORK, Oct. I Grant Locomo~ tive Works in Patteison, discharged 175 more hands on account of the scarcity of greenbacks. Work on the Delaware, Lackawana & Western R. R. tunnel th.ough the Bergen Hill have been suspended. throwing 400 men out of employment. The Collins Car Co., of Jersey City, has been obliged to suspend, although its assests will more than cover its liabilities. The trouble is, a large amount due from Railroads cannot be collected. The whole number of claims submitted to the American and British Mixed Claims Commission was 4,997. Claimants reclamation aggregate the enormonsan of $90,000,000; of these, only 181 were allowed, the gross sum of awards on which amounted to $1,920,236. It appears by examination of the claims which were favorably considered, that awards were only made against the United States in cases where the property taken was used or appropriated by authority of the United States, and in cases of illegal imprisonment of British subjects during the war. NEW YORK, Sept. The special cort respondent of the Tribune at Dundee gives interesting details of the adventures of the rescued crew of the Polaris. Schuman, First Engineer, says after his return from the Northern journey, in coming into the cabir the Captain turna ed sick, and, ying down, vomitted great deal. He would not taste anything at first, but afterwards asked for enp of tea. He got some tea and had no sooner partaken of it than the vomiting returned more violently than before. About six hours afterwards he became delirious and continued in this condition 3 days. On the recovery of his senses, however, he grew better, got up and wrote up his journal. He also attended to his other duties as if he had been in perfect health, but never went out. Ten days afterwards he was again seized with a relapse and until the night of the seventh, when he became calm. Seeing Dr. Bassetts near he called him and said; "I am very much obliged to you, Doctor, for the kindness you have shown to me." After uttering this, he relapsed and in the morning was dead. MADRID, Oct. 1.-Large numbers of Carlists are surrendering to tbe Republican troops in the Province of Lerida, with the hope of amnesty. ST. LOUIS, Oct. 1.-J. A. Stevens, cashier of the MutualLifeInsurance Co., has been missing since Monday morning, and though examination of his accounts discovered nothing wrong a packago containing $6,000 is missing from the safe, the key of which he took away with him. UTICA, N. Y., Oct. 1.- The Democrat ic State Convention met here at and was called to order by A. C. Beach, -President of the State Central Committee. The Convention being temporarily organized committes on credentials and permanent organization were appointed. Resolutions were offered, inviting the cooperation of Liberal-Republicans, and immediately Thos. J. Creamer, contesting delegate from Appolo Hall party, made a speech, disregarding the gavel and calls to order by the chairman and his colleagues and the shouts of del egates. Confusion was so great that only an occasional word of the speech could be heard, by which Creamer was understood as enouncing the conve-it tion, charging the Chairman with packing the Committee on Credentials, and threatened withdrawal. The scene was ended by the Convention's taking a recess. PANAMA, Sept. 32.--On the 23d of gust. Several shocks of earthquake were felt in Gnatamala. No damage was done. A vessel called the Ferdi nand, Capt. Nelson, reported to the Government that there a great many Americans from New Orleans had arrived with rifles and were committing excesses in Rolan. Most of these filibusters were blacks.


Article from National Opinion, October 10, 1873

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Their Course Illegal. Application was made to the Comptroller of the Currency of the United States for an opinion as to the legality of the action of the national banks in substituting certified checks in payment for their current indebtedness to depositors. The Comptroller promptly replied that the action of the national banks in entering into such an arrangement was illegal, and in direct violation of the National Banking act. Several parties, in consequence of this opinion, reported to the Comptroller that the National, Metropolitan and Second National banks of Washington had refused to cash checks of depositors, whereupon the Comptroller said that he was ready to entertain an application to put both banks in the hands of a receiver. The Comptroller positively declares that every bank that has substituted certified checks in payment of actual indebtedness at its counter has incurred the penalty affixed by the National Banking act, and that he is not clothed with discretionary power if such banks are reported to him. The banks of New York and other cities during the panic instead of paying out currency gave certified checks.


Article from The Democrat, October 13, 1873

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Their Course Illegal. Application was made to the Comptroller of the Currency of the United States for an opinion as to the legality of the action of the national banks in substituting certified checks in payment for their current indebtedness to depositors. The Comptroller promptly replied that the action of the national banks in entering into such an arrangement was illegal, and in direct violation of the National Banking act. Several parties, in consequence of this opinion, reported to the Comptroller that the National, Metropolitan and Second National banks of Washington had refused to cash cheaks of depositors, whereupon the Comptroller said that he was ready to entertain an application to put both banks in the hands of a receiver. The Comptroller positively declares that every bank that has substituted certified checks in payment of actual indebtedness at its counter has incurred the penalty affixed by the National Banking act, and that he is not clothed with discretionary power if such banks are reported to him. The banks of Now York and other cities during the panic instead of paying out currency gave certified checks.


Article from Connecticut Western News, October 17, 1873

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Their Course Illegal. Application was made to the Comptroller of the Currency of the United States for an opinion as to the legality of the action of the national banks in substituting certified checks in payment for their current indebtedness to depositors. The Comptroller promptly replied that the action of the national banks in entering into such an arrangement was illegal, and in direct violation of the National Banking act. Several parties, in consequence of this opinion, reported to the Comptroller that the National, Metropolitan and Second National banks of Washington had refused to cash checks of depositors, whereupon the Comptroller said that he was ready to entertain an application to put both banks in the hands of a receiver. The Comptroller positively declares that every bank that has substituted certified checks in payment of actual indebtedness at its counter has incurred the penalty affixed by the National Banking act, and that he is not clothed with discretionary power if such banks are reported to him. The banks of New York and other cities during the panic instead of paying out currency gave certified checks.


Article from The Portland Daily Press, October 6, 1874

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WASHINGTON. The Redemption Agency. WASHINGTON, Oct. 5.- The Redemption Agency has made calls upon the national banks since the suspension of redemptions for about 7,000,000 legal tender notes to reimburse the Treasury tor their circulating notes redeemed and assorted. Calls of a same nature for about five million dollars will probably be made during the week. When the banks have responded to the calls the agency will be in a condition to resume redemption. The force of the agency is now sufficient to count and assort the bank notes as fast as received, SO there is not auy likelihood of another suspension of resumption. Hereafter a call will be made upon the banks for reimbursements as fast as their notes are assorted, SO that the calls for any period will about equal the redemption. The 5 per cent. deposit leaves SO small a margin for the agency to work upon that calls must be made with great frequency to prevent the exhaustion of the fund. The Yellow Fever at Pensacola. A despatch received at the Navy Department this afternoon, from Capt. Semmes at the Pensacola navy yard, announces that Lieut. Commander Kellogg is desperately ill, Paymaster McMahon seriously, and Lieut. Commander Barclay is doing well. Miller, a fireman, is desperately ill, Robertsor, an ordinary seaman, is seriously ill. Moore, the machinist of the Ajax, is dead. There are fifteen convalescent. The Indians. Indian Agens Miles writes to Commissioner Smith from Cheyenne and Arrapahoe Agency, Indian Territory, September 26th, as follows: Yesterday noon we received information through Indian channels that the Cheyennes' ad forced Gen. Miles to retreat to the vicinity of Antelope hills, and that encouraged by their success they had started out war parties, one of which had met Gen. Davidson somewhere up Washita, and they had lost three of their braves killed, and that another party of about twenty-five were camped yesterday morning thirty miles west of this agency, on their way to the road between here and Caldwell. I at once sent out a courier along the line of the road to warn teamsters, etc., of apprehended dauger. He was followed by Capt. Cramer with a full company of cavalry. My wife and three little ones are now between here and Caldwell, detained by high waters. They have an escort of ten soldiers, which would be sufficientIunder ordin ary circumstances. Look out for news from the border of Kansas. The Cheyennes are exaspeeated by their losses and encouraged by their successes, and will fight like demons. They will scour the whole country, and all available means should be used to punish them and protect settlers. A Reign of Terror in Alabama, A letter to the Post Office Department from the special agent sent to investigate the marder of a colored route agent in Alabama a month ago, says: I have just had warrants issued against nine of the murderers of Thomas Mey, including the sheriff of this county, and will proceed to make arrests immediately. The reign of terror in this county far exceeds anything of the kind I have ever seen. Armed bodies of men are riding over the country and colored people are afraid to go into the fields to save their crops from waste and ruin. The right of free speech is denied them and many desire to return to slavery. The letter is dated, "In the Woods near, Livingstone, Sumter County, Alabama, September 29th." Treasury Balances. The following are the Treasury balances today:-Currency, $15,542,000; special deposit of legal tenders for redemption of certificates of deposit, $56,905,000; coin, $77,903,419, including coin certificates, $26,3'3,800; outstanding legal tenders, $382,000,000. Lawless White Leaguers to be Punished. NEW YORK, Oct. 5.-The Post's special says it is the purpose of theladministration to cause prompt arrest and punishment of all persons in the Southern States who may be violating the laws by raiding around the country intimi dating negroes and resorting to acts of violence.


Article from National Republican, November 17, 1879

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SPECIAL NOTICES. THE OLDEST INHABITANTS ASSOCIAtion, D. C., will meet at 9:0 o'clock a. m. WEDNESDA Y next In their room, Corcoran Building. to be present by invitation at the unveiling of the Thomas Statue by the S. ciety of the Army of the Cumberland Members are requested to be punctual in attendance. 8. MASI, no17-t Marshal. DEPARTMENT OF THE POTOMAC. GRAND ARMY HALL. Nov. 17. 1879, GENERAL ORDERS No. 10: It is hereby ordered that all members of the Grand Army of the R public assemble at their hall at 4:30 a. m. on the 19th Inst., in order 10 participat in the ceremonies attending the unve ling of the Thomas Monument All comrades of the G. A. R. temporarily in the city from other departments are cordially invited to Join us on that day. Comrades are earnestly requested to meet promptly with their Posts Oil this occasion, irrespective of membership in any other organization. Tickets for the Wednesday evening meeting at the tent can be secured by comrades from the Department Commander or from C.C. Royce, S. V. Department Commander. By command HARRISON DINGMAN, no17-mt&w Department Commander. WE, THIS UNDERSIGNED BANKS AND Bankers of Washington, D. C., do hereby agree to close our respective Banking Houses on TEDNESDAY, November 19, 1879, at 12 o'clock noon (Army of the Cumberland day). and all parties having paper maturing on that date are requested to provide for the same prior to that hour: Charles A. James. Cashier Bank of Washington. J. A. Ruff, Cashier Central National Bank. Lewis Johnson & Co., Bankers. H. D. Cook, jr., & Co., Bank rs. B. P. Snyder. Treasurer National Savings Bank of District of Columbia, Middleton & Co., Bankers. H. C. Swain. Cashier Second National Bank. Charles Bradley, Cashier National Bank of the Republic. H. M. Sweeny. President Farmers' and Mechanics' Bank of Georgetown. J. H. Squier & Co., Bankers. Geo. H. B. White, Cashier Nat. Metropolitan Bank. Thos. C. Pearsall, Cushier Citizens' National Bank. OFFICE NATIONAL REPUBLICAN, WASHINGTON, November 13, 1879. An adjourned annual meeting of the Stockholders of the National Republican Printing and Publishing Con pany for the ele tion of Reven trustees. to serve for the ensuing year. will be held at the office of the Company on THURSDAY. December 18.11, between the hous of 11 a. m. and 12 m. nol3-td LEWIS CLEPHANE Sec'y. CAUTION. All persons are warned against purchasing my PERFECT BINDER from one H. Van Zuilen, formerly my canvassing agent. who has !randulently made away with, or secreted a large amount of my property. I shall attach and take possession of my goods wherever found. JAMES VON LAER, Inventor and Sole Manuf cturer or Von Laer's Perfect Binder for Periodicals, Pamphlets, Music, &c., 628 F Street N. W., no10-1mo Washington, D. C.


Article from National Republican, March 3, 1881

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Special SPECIAL NOTICE! We do not belong to the "pooling association" for conveying people to and from the inaugaration ball. We will nave our representative at the Museum Building, however, to see that each person who favors us with an order shall get a carriage to convey them from the ball home. We will also have our elegant Tally-ho coach at the head of Fifteenth street and Pennsylvania avenue, which will seat comfortabiy fifteen persons, and tickets for it at $2 per head for the round trip can be obtained at our office or at Willard's Hotel. Special arrangements for the parade and ball can be made at our office. LEADINGHAM & CO., No. 1327 H street, between Thirteenth and Fourteenth streets northwest. It Branch office at Willard's Hotel. HEADQUARTERS LADIES' PUBLIC COMFORT COMMITTEE, Hamburger & Sons, 615 Pennsylvania avenue, Metropolitan Hotel building. Addresses supplied to comfortable homes at reasonable rates, and messengers furnished to all parts of the city. THE ONLY AUTHORIZED PLACES for the sale of inaugural ball tickets are the following: Willard's Hotel, Arlington Hotel, Imperial Hotel, Metropolitan Hotel, National Hotel, W. S. Roose, 1233 Pennsylvania avenue: Willett & Ruoff, 905 Pennsylvania avenue; Robert Beall, 495 Pennsylvania avenue: Inaugural Headquarters, rear of Metropolitan National Bank building; Room 44, War Department: W.S. Thompson, 703 Fifteenth street northwest: Metzerott & Co., 925 Pennsylvania avenue: ma3-2t Ebhitt House, RED-RIBBON BOYS IN BLUE!-THE James A. Garfield Red-Ribbon Club Boys in Blue will assemble at Co-operative Hall, 1023 Seventh street northwest on FRIDAY MORNING, the 4th instant, at 8 o'clock, for the purpose of participating in the inaugural parade; all temperance men (Republicans) are invited to participate with this Club. GEO. M. FILLMORE, President. It L. H. PATTERSON, Secretary. COMPOUND FLUID EXTRACT OF PIPsissewa cures all Kidney and Bladder Diseases, Female Weakness, Gravel, &c.: sold by drugma2-191* gists; price, $1. AN EXCELLENNT DINNER AND THE most desirable balcony seats on Pennsylvania avenue, at DRIVER'S, 1343 Pennsylvania avenue, ma2-2t near Fourteenth street. THE UNDERSIGNED BANKS AND Bankers, desiring to suspend business as far as practicable, on the 4th of March, Inauguration Day, respectfully request all persons having paper maturing on that day to provide for the payment of the same on the day previous. C.A. James, Cashier Bank Geo. H. B. White, Cashof Washington. ier National Metropolitan Bank. Chas. S. Bradley, Acting Cashier National Bank Riggs & Co. of Republic. Thos. C. Pearsall, Cashier Citizens' National M. G. Emery, President Second National Bank. Bank of Washington City. N. Laird, Jr., Cashier Middleton & Co. Farmers and Mechanics' National Bank of Lewis Johnson & Co. J. A. Ruff, Cashier CenGeorgetown, H. D. Cooke & Co. ma2-20 tral National Bank. ILLINOIS REPUBLICAN HEADQUAR ters-During the present week the Republican Association will keep their headquarters, 907 F street northwest, Masonic Temple. open for the registry of visiting Illinoisans, where any information or assistance within the power of the Association will be cheerfully given. W. L. WOOD, Chairman. ma2-21* S. M. FINDLEY, Secretary. KIT CARSON POST, NO. 2. G. A. R.Comrades are hereby notified to assemble at headquarters at 9a. m. sharp, to participate in the inaugural parade; every comrade is earnestly requested to be present; uniform- dark overcoats and pants, white gloves. J.M. EDGAR Commander. Official: ST. GEORGE R. RABY. Adjutant. ma2-2t MISS FRANCES E. WILLARD. PRESIdent of the Woman's National Christian Temperance Union, and Mrs. J. Ellen Foster. the talented lawyer, of Iowa, will speak in Hamlin M. E. Church, corner of Ninth and Pstreets northwest, THU RSDAY EVENING, March 3, at 7:30 o'clock: public invited. ma2-2t SPECIAL NOTICE! The Washington (or Center) Market will be closed FRIDAY, March 4, 1881 (Inauguration Day). That all may have an opportunity to get their market supplies, the market will be open THU RSDAY next until five o'clock p.m. [ma2-21] P. S. SMITH, Clerk. HOW TO BECOME PRESIDENT. For sale at the office of the National Republican. fe28 25 cents per copy. t HEADQUARTERS NEW YORK REpublican Association, 1403 Pennsylvania avetue, opposite Willard's Hotel. where all New-York1 ers attending inauguration will receive a hearty wela come WM. 11. CHASE, ma2-21 e Chairman Reception Committee. j ROSCOE CONKLING CLUB, e BOYS IN BLUE!


Article from Evening Star, May 27, 1881

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SPECIAL NOTICES. SPECIAL NOTIOE.-TH members of the SENIOR CLASS of the Columbian Law College are notified that the announcement of the result of the examinations will be made on TUE3DAY NEXT, the 31st instant, at 5 o'clock p.m. It WM. STIOKNEY, Secretary. CHARITY SERMON.-Rev. H. MAGEVNEY, S J., who presched such an eloquent sermon at Et Aloysius' Church on Easter Sunday, will deliver a sermon at 11 o'clock Mass on SUNDAY, May 29, at the same church, uader the anspices of the St. Vincent de Paul Conference, for m27-29 the benefit of the poor of the parish. WE, THE UNDERSIGNED GROCERY MERCHANTS, agree to close our re-pecrive places of business, positively, at 11 d'elect 8 arp. on MONDAY, May 30 (Decoration Day): Home, o eary & Co., Barbour & Hamileon. Frank Hume G. G. Cornwell, J o Erg. od & Co, B. W. Reed's sons, N. H. Shea. m27-2t* THE UNDERSIGNED BANKS AND BANKERS, desiring to suspend business as far as practicable on the 30th of May (Decoration Day), respectfully request all persons having paper maturing on that day to provide for the payment of the same on SATURDAY. May 28. George H. B. White, Cashier National Metropolitan Bank: Thos. C. Pearsall, Cashier Citizens' National Bank: Middleton & Co, H D. Cooke. & Co., B.P. Snyder. Treasurer National Savings Bank: J. H. Equier & Co., Riggs & Oo., Lawis Johnson & Co., C. A. James. Cashier Bank of Washington: J.A. Ruff, Cashier Central National Bank: Daniel B. Clarke, President National Bank of the Republic; H. C. Swsin. Cashier Second Na tional-Bank; Wm. Laird, ir., Cashier Farmers and Mechanics' National Bank of Georgetown, D O. 1t NOTICE.-The annual meeting of the Lot Holders of Oak Hill Gemetery Company will be held in the office of the company at the Cometery, on MONDAY, June 6th, at 5 p.m., for the purpose of electing a board of managers to serve for the ensuing year. By order m25-eotd JAS. GORZLER, Secretary. THE ANNUAL MEETING OF THE Stockholders of the East Fairmount Gas, Coal and Core Company will be held at the Office of Cummings & Baker, No. 1411 F street northwes', FRIDAY, June 3, at o'clock v.m. m23-10t JAMES E. BELL. Secretary. WASHINGTON, D. C, May 21st, 1881 SPECIAL NOTICE- To the Stockholders of the NATIONAL FAIR ASSOCIATION:You are hereby notified that an Election will be held on MONDAY, May 30th, 1881, bet ween 2 and o'clock p. m., at Room 277, National Hotel, (entrance on 6th street,) to fill a vacsney in the Board of Directors. owing to the designation of W. M. Galt. Esq. By order of the Board m21-1w OHAS. U. DUNCANSON, Sec. HAMILTON & SHEDD FLUMBING, TINNING. GAS FIXTURES. SLATE MANTEL LATROBES. RANGES AND FURNACES. All binds of Job Work in our line promptly attended to. HAMILTON & SHEDD, ml4 409 9th street. GAS FIXTURE+-E F. BROOKS, wish Mitchell, Vance & Co's goods and a quarter of a century practical experience. I can meet all compet. tion and sell at LOWEST RATES. Immense stock. Fine selection. Retort-Gas Stoves. reduced rates. E. F. BROOKS, m7 531 15th street. EUREKA SPRINGS WATER, (from Arkaneas.) Summit Deep Rock, Geyser, (Saratoga,) Bethesda, Blue Lick. Bedford, Salurian, Michigan Congress Water. and other natural waters, freshly received, and for sale on draught at MILBURN'S PHARMACY, m5 1429 Pennsylvania ave. NOTICE The undersigned having opened his New Store at 1419 NEW YORK AVENUE, with a well selected stock of BUILDERS' AND MISCELLANEOUS HARDWARE, CUTLERY, TOOLS, &C., respectfully invites his friends and the public to give him a call. ap27-2m JAMES B. LAMBIE. OFFICE OF THE COMMISSIONER OF THE FREEDMAN'S SAVINGS AND TRUST COMPANY, WASHINGTON, D. O., March 14, 1881. Notice is hereby given to the Depositors and Creditors of the FREEDMAN'S SAVINGS AND TRUST COMPANY that all claims must be presented, and all dividends heretofore declared applied for, at this office, on or before AUGUS 24 1881, or they will be barred, and the amounts distributed among the other creditors of the Company. as provided in the act of Febrasry 21, 1881. Depositors who have not already received dividends should immediately forward their books by mail or express, or through some responsible bank or banker, accompanied with their address. mar12 JNO. JAY KNOX, Commissioner.


Article from National Republican, May 27, 1881

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Special Motices. THE UNDERSIGNED BANKS AND Bankers, desiring to suspend business as far as practicable on the 30th of May (Decoration Day), respectfully request all persons having paper maturing on that day to provide for the payment of the same on SATURDAY May 28. George H. B. White, cashier National Metropolitan Bank; Thos. C. Pearsall, cashier Citizens' National Bank; Middleton & Co., H. D. Cooke, jr., & Co., B. P. Snyder, treasurer National Savings Bank; J. H. Squier & Co., Riggs & Co., Lewis Johnson & Co., C. A. James, cashier Bank of Washington; J A. Ruff, eashier Central National Bank: Daniel B. Clarke, president National Bank of the Republic; H. C. Swain. cashier Second National Bank: Wm. Laird, jr., cashier Farmers and Mechanics' National Bank It of Georgetown, D. C.