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DON'T WANT SILVER. New York Business Men Prefer Small Bills -New Move by the Banks. NEW YORK, Aug. 22.-The Assistant Treasurer at New York to-day paid out over the counter $1,192,500, of which $78,000 was in treasury notes and the restin gold. Transfers of silver to New Orleans amounted to $35,000, to be used in moving the cotton crops. The significant feature of the subtreasury operations was the fact that nearly as much silver was paid in to-day as was paid out, which seems to show that, in spite of the great demand for currency, silver cannot be forced into actual circulation as long as small bills are obtainable, even at a premium. The enttreasury counted to-day about $1,000,000 gold for the importers. One consignment of $450,000 in gold was sold to a Baltimore bank at 1½ per cent., but at the close gold to arrive was offered at 3/4 of 1 per cent. The currency famine has led several banks to discriminate in writing up their accounts and making payments thereon, between deposits of cash and deposits of checks. The Southern National, to day, sent its customers the following notice: "During the present searcity of currency this bank will keep separate accounts of deposits made in cash and deposits made in checks." Customers are requested to stamp all checks drawn against deposits of checks, payable only through the New York clearing house. Cash will be paid against cash deposits. Mr. Flanagan. president of the bank. said that he had sent out the notice of his own accord and without consultation with other bankers. The Bank of New York was reported to have taken similar action. Busin ss Embarrassments. NEW YORK, Aug. 22.-S. Sykes & Co., wholesale clothing dealers, at Nos. 1, 3 and 5 Lafayette place, to-day assigned to M. Warley Platzek, with preferences for over $100,000. Assets, $400,000; liabilities, $350,000. Benjamin Crane. dealer in pearl buttons, to-day assigned. to Louis P. Whiteman, with preferences for $2,750. CLEVELAND, Aug. 22.-The Ohio Stone Company, of this city, went into the hands of a receiver this morning. Assets. about $300,000; liabilities, about $250,000. The action was taken because of inability to meet the obligations owing to the financial stringency. L. P. Haldeman was appointed receiver. BOSTON. Aug. 22.-Godfrey Morse was, today, appointed receiver for the well-know n men's furnishing goods firm of Weil, Dreyfus & Co., of this city. The members of the firm have had a disagreement and are unwilling to remain together in business. It is understood that the firm is solvent. Milwaukee, Aug. 22.-The Butler-Mueller Company, dealers in lumber, has assigned to Charles H. Ellis. The assignee's bond 18 for $163,000. R. D. Butier is president and R. G. Mueller secretary and treasurer. Zanesville, O.. Aug. 22.-Samuel W. Clark, the leading lumber dealer of Zanesville, made an assignment to-day. Clark's resources are about $150,000, which will cover his liabilities. Inability to make collections was the cause of his embarrassment. WATERLOO, Ia., Aug. 22.-The private bank of J. T. Knapp & Co., of Cedar Falls, 1a., failed to open its doors this morning, A complete assignment of the affairs of the institution was made later. DOVER, N. H., Aug. 22.-Varnges & Moony's shoe shop at Alton, which has had a pay roll of $80,000 yearly for ten years, closed to-night indefinitely because of inability to make collections. CLEVELAND, O., Aug. 22.-J. G. Richards & Co., music publishers and dealers in musical instruments, were placed in the hands of a receiver to-day by Boston creditors. MILWAUKEE. Ang. 22.-The bank of Plaintield, Wis., owned by H. N. Drake, suspended payment yesterday. No state. ment of liabilities and assets has been given out. Carbondale, III., Ang. 22.-The banking firm of Richards & Campbell made an assignment this morning. The assets are $45 000: liabilities $42.000.
