4547. Manufacturers Bank (Chicago, IL)

Article Text

CONVALESCENT. The Chicago Patient Recovering Rapidly. of Another Currency Installment $3,000,000 Reaches the City. Considerable Deposits Received at the Banks Yesterday. How the Transportation Companies Are Faring. Resumption of Freight and Stock Business by the Railroads. Greater Activity in the Movement of Grain and Cotton. A General Tone of Improvement Notioed at the East. Secretary Richardson's Views on the Financial Situation. CHICAGO. THE BANKS. IN BANKING CIRCLES YESTERDAY most noticeable feature WAS the gradual banks, rethe of business by soveral of visible the anysumption in no bank was there being of course, like the steady business which was short inthing on fortnight ago, but still President the or torviows carried botween customer and negotiation of Cashier, generally ending in the of much occurrence. coinmercial paper, are appreciably The reporter, in all more frequent that he visited, found it harder work to the get banks au intorviow with the heads; but, expressed when attention was accured, they with the their as well satisfied thomsolves affairs. What they universally to stato for of is time to allow things shape pray and Bottle down into the they The blow over in before the trouble commenced. the day's the general leading wore feature observed by tondency bankers to in sell Now tendency business York exchange was on the part of customers, to buy not being correspondingly by the general bankora. In almost all the report runevinced banks the head officers are able to and ning amount of deposits than obsques, who are larger quieter feeling among customers, and much gratified nt finding the bankers ready safely opinion much willing to accommodato them of as governal far as in of the convenient. bankers In the the panic, even though country, it has will leading dono so much harm to the unmixed already after timos be looked upon as an gathered not in its hard leason will be evil. From which will guide the future opern- midet exporiences of bankere of the fraternity in whose will become the tions panic had its birth, while it endoavor still duty of Chicago bankers to positions, the strongthen their respective outside and obtain more to an individuality which no storm can affect. IN THE SUSPENDED BANKS state of affairs remain unchanged. of the At the the Manufacturers' Bank, the winding up rapidly in- as stitution's affairs is progressing as National Bank expected. At the Union oflicors could be locked quiet, and the head that the general overything wore still confident in their romain opinion such that state final of affairs action will in in futuro time be Taken acknowltheir to have been the correct one. world edged whole, the appearance of the financial Horono and R Chicago yesterday was ns by the of as could bo wished for business greatly most ohcerful ardent. The rosumption of modified was commenced in vot a was L form, of course, but to good doal the aggrefact which amounts into bank vaults gate incoming the of cash outgoing of that commodity, considerably bank depositors showed the army minishment of savings the feeling among some business sign of great men was improved evident. every With the prevalence the improvement was of this state of Affairs, the panic for a week may safely longer be looked upon as arriving thing of daily is past. The amount of oatorday currency the receipts this rupply were steadly increasing. easy soe that $3,000,000. will It is have perceptible as the influence amount of currency market especially the money be more and moro overy NEWS day likely to NO NEWH financial GOOD situn tion as well is saying true the and the dearth of nows yesas of other matters, town our of the Our eful roportere signs torday around chronicle. that are happy usual rounds to among the banks, apponded. and made their of their invostigations create is any While the osule there occurred no ovent that to better and firmer provails, citament will and be that BOOD baukers regard the situatono full of choor Icomfort. an unrufiled tion The as Chicago Savings the presented courteous Cashier, announce front. absont, Mr. but one of lile were ubordinates bringing in money, that their depositors had been opened. and several now_accounts was going ahead as it The Illinois National proposos to continue always done, and as right and business was improving. doing. has Everything Confidence was all prevailed around the premises. National was still closed. has There been I The Third No dofinite time was fixed nothing for rosumption doing. of business, but is promof deed an early County day. National reopened, has been transact and Mr. ing Tuo Cook nice business since was in fine spirits, now Things dolooked Allen, the to him President, much botter. They had positors, and EVERYBODY FELT ENCOURAGED folt suspension of the Union offent National gradually WAB wore The Tuesday morning but the apparent yosterdity The until was hardly excellent lumor. away, M. Adult was in over. The worst prospect Mr. WAH brighter future than were thoso Clearing- not House thing he certificates BLW in the in Now York. Ho did like them at all, Chicago Bank the deposits wore ulroular more At the 'Phoy had received read an than from the the checks. First National in New York, which follows: 29, 1873. Please make your cheake , NEW Yonk, Payable Sept. through the banks upon us, with the reg GUORGE 1' BAKER, Cashier. even of indi city Hide and Leather Bank pursuan Camier, the said The of 14 way. Mr Grov the hueiness ou the , that touor the East they were while doing the West was doing ilouse basis, which who Clearing on currency basis, WEST, gravi1 business good currency THING you would THE naturally all the Rounder direction. Drafts on Beston cannot were tate in this cont discount. Boston hides are drawu per Courrency. Morchaute bluip artiluates furnish any Clearing House leather and in Boston, butthoy got placed to their credit St. Louis, and "Datroit . currency Milwaukee, exchange. The beat to the currency means were douling to bring in currency Now standard. York to Chicago Hie bauk vas nover etick Kean HO many now account Co. had much moro monoy woro in If coming Preston. in than golug happened out Depositn to darken the nothing crowbing