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argued in time The same amounts of gold and currency that were in the country a fortnight Ago aro hold here to-day. The result has been A transfer of if no panio disturbing all only transfer, possession, business relations and that be created, affects only those immediately interested in the fortunes of one firm. But there was A GENERAL APPREHENSION that, owing to the excitement which some were endeavoring to increaso and extend and intensify, there be a run on the savings banks of the city tooutside of the officers and managers would day, and, and of interest these institutions, there was much anxiety expressed as to the result of such a movement. The of the savings banks, the and determining to managers possibilities, provide appreciating for their own safety and the security of their depositors, held a consultation yesterday, and resolved upon the adop& course as was both within the law and best as trustees of for tion the of such guardianship the treasures they hold. Their action is elsewhere reported. While it may not be denied that there was expressed yesterday & feeling of doubt in view of possible contingencies, it cannot be affirmed that there was anything approaching excitement or alarm. Men discussed THE FINANCIAL SITUATION quietly and deliberately, but not with the perfect confidence that mark predictions of ord! ary business. on the subject were in but conducted nor Conversations whispers, neither in boisterous moderate touce, as is the wont of the usual times, by couples, or in email knota. If appearances yesterday be any indication of results to-day, there will be no panic, and no rush on the banks, unless upon the savings institutions. All probability of such an attompted "run" is forestalled in the action of these institutions. A TRIBUNE reporter conversed with a number of the of the savings banks yesterday, and they the case: We receive and we pay heavy expenses mallmanagers pay thus interest, pithily put deposits. for the We agement of our institutions. To do this, of course, we cannot afford to let money lie idle in our vaults. We must invest it at remunerative rates. In doing BO, we endeavor to loan on the best terms compatible with for our depositors. This money must on a reasonable time, and in on domand. Our unperfect be immediately loaned security depositors cannot be must called derstand this. Our security is good, but we cannot pay at once all depositors out of our reserve funds." ACTION OF THE HAVINGS RANKS, The following is the result of the meeting of the officera of the avings banks yeaterday : SAVING DEPOSITE.-To allay all unnecessary excitement, and in the interest of the public and our depositors, and to prevent the possibility of any party obtaining an advantage over another, and to protect of the savings banks of the City of Chiby the officers whose names are hereto, will, from and after scribed cago, the rights represented all, this date, insist subupon requiring notice for the withdrawal of deposits, according to their respective rules. D. D. SPENCER, President State Savings Institution. JOHN C. HAINES, President of Fidelity Bank and Hafo Depository. SYDNEY MYERS, Cashier Merchants', Farmers' & Mechanica' Savings Bank, FRED. MEYER, Cashier Commercial Loan Company. F. C. TAYLOR, Vice-President Cook County Savings Bank. HENRY GREENEDAUX, President German Savings Bank. FRANCIS LACKNER, President German-American Savings Bank. 8. W. RAWHON, President Union Trust Company. CARL F. W. JUNGE, Treasurer Chicago Savings Institution and Trust Company. J. YOUNG SOAMMON, President Havings Department of the Marine Company of Calcago. H. A. WARE, Cashier City Savings Bank. W. II. PARK, Cashier of the Bank of Chicago, JAMES W. BCOVILLE, President of the Prairio State Loan and Trust Company. LAST EVENING it was reported that a tologram from President Grant, directed to & prominent financior of this city, bad been received in the afternoon, stating that the President would to-day order the immediate issue of the $14,000,000 reserve fund In order to afford relief. reported. from
