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112,678 North America 425.112 918.870 71,683 448 828 39.377 250.626 102,489 Oriental 2,694 217 Park 211,403 1,492,211 866.831 76,916 Pacitle 116.69 573.131 2.842 652 270,615 Phonis 1.667.914 88 658 3.037.678 369 920 Republic 95.616 State 3,645,972 342,781 2,103,298 996 806 Seventh Ward 229,446 106 450 382,681 2,299,848 Phoe and Leather Union 272,174 2,468,088 1,888,562 186,741 Totals 90,419.822 10.015.018 1,827,272 51,221,863 Aa OCF readers are no doubt anxious to know what the effect of such crists as we have now come may be, we give here that the State constitution, adopted to Neverber, 1840, about banking institutions ARTICLE VIII. REATED Sec. may be formed under special where, the judgm the cannot gepera general scant may altered from time to time, or re passed See in such secured by divide other may and as Sa The article, this in Ivlieges partnersh shall and right sued all courte in like cases. as natural persons. Sec The DO power to pass any set for special but purposes any granting tanking sociations may be formed for such parp oses tader general lawe to DONOR have Sec. The Legislature any aba pass no the manner direct any indirectly suspension payments any person. association or corporation isen.ng bank notes description. Fee. The sha provide by law for the registry of Dissor notes issued nescale money and shall require ample gecar for the redemp of the same spack. Se: Stockhola in every corporation and stock Lean atten for banking teaching bank DOLGE any kind paper ulate money after the nary, one fifty, their amount ch corporation or liabilities kind, after and first day of January, neand eight and fifty or Sec In case of the banking any as. sociation. to she the entitled preference in such or bank Ber provide to for the incorp rated villages and in corrowing credit to prevent in debt by such mun e/ps. sorge POSTSCRIPT. MEETING AT THE CLEANING HOUSE ALI THE BANES TO SUSPAND 4 meeting of the Associated City Bark: was beld not evening at which . isage majority of tarks was represensor. On motion of Mr. ERAPT, seconded ty Mr. DESEAX, the following preamble and resolution were adopted Whereas. in view of the excitement pretailing 150 this COM anny, and the fact of the actual suspension of number of the banks this de Resolved. THAT IT IS EXPEDIES ENT THAT THE BANKS OF THIS OITY SUSPEND SPECIE PAY MENTS 10 MORROW. On motion of Mr. LEVELEDGE Resolved, That & committee et three be . appointed 10 proceed to Albany, and Guest the Governor 10 CONTENT the Legislature, to consider the nenerally of exacting some law to give relief in the present financial emergency Mosars. Tileston Durham and Krapp were consumed such committee On motion of Mr. ASSATE Resolved. That the most esergetie exertions shall to made for an early recumption of specie payments, sad that it be recommended to the banks to make no dividends to their stockholders una the recumption al speake pay ments. On motion Received The the proceedings of this measing be pub rahed in the morning papers. TEOR TILE STON. Chairman. E E CAFIET, Secretary The meeting was In som on from 65 60 10% F. M. We derstand the vote or these resolutions was coanimous SCENES AND INCIDENTS IN WALL STREET The fires banks to give way yesterday were those on the went side of the city. is Greenwich street, instuding the Ocean, North River, &c., the Grocore having given out the day previous. As BOOD as the fact became known yesterday that some Eve or six banks had failed, the re port spread like wildfire, and scarcely anything electwo talired of at the Corn Exchange By 1 o clock P. M., everybody in business. and a great many out of business. or with no business, rushes to Wall street, which BOOK became densely codded, and streams of people could be seen entering and emerging from the various banking houses. One of the first of the Wall street banks to give out was the Marine Bank, at the corner of Wall and Water streets: the one which the day before stock up a notice that N would pay until 6 P M. and upon yesterday at A. M. and pay again all 6 P. M., but stopped all or 12 M. there was steady FOR on the American Exchange Beak situated is Wall street, epposite the Merchan a' Exchange, the steps of which were crowded with spectators. Daring the scene of the greatest crow David Leavitt Req for merly President tie DEAR present director out on the steps the Las and addresse the growd, whom adidas that the bank would as al hurard enaName tay specte to the last dollar long Rea drop of along laft thoug of America hours. with FGE Mr. the Petusil, checks. During cashier. turned 10 and sided the jeying taler to paying checks, handing CC the the the progressed the spread none day stoppage of the at Nicholas and some other banks, the excitement which Merchante increased the CSE Manhatian, Union and National the pressure was mo derate, though larger than on s ey previous day. but al went quietly, were promption redeemed The upon the Phoen and Methan se was also oaral derable, daily met. Word now spreed that the New York Bank bed stopped which, from is long and well established reputation. enter , late charler. and under the organization. took most persons ty price, and aided the general commetion Wall street by this nearly impassable from are great crew which In the consusion and hurry of the banks to oblige and immedate all who presented claims against them, M was believed that many notes were laid over from ability to attend to them Nearly all of the pressure on banks in Wall street was from accellers who in many instances were entiated to receive bills in payment in place gold. In some casee, where & man could not get a note dis counted for himsel or friend. be would proceed to with draw his deposite, though in some cases not half the for. asked of amount One merchant, who had bills falling due this month to the amount of about $20,000 had acid off good elocks ala very heavy decline, and had seed the proceeds to ble cre oil In'bank to meet his bill payable and believed h meeifs be secure from all mischance. when, his astomisment ht bank yesterday stopped. and his deposite were no longer for the present available The Leather Manufacturers Bank paid up to near P M. but in consequence of having about $90.00 looked up in the Clearing House not immediate ava lable, had to suspend but after business hours they found that they still had means at their disposal fabe $40,000 er $60,000. which, with the $90,000 at the Clearing House would have enabled them to have resumed to-day if deemed advisable. It was curious to witness the physiogomomy of business men affected by the respensions. One would be beauting of the strength and solvency of bis bank. of its long standing the integrity and capacity of its and winding up by stalling that he had . few thousands ende pcalt with it, which he asidered perfectly secure. when, the conclusion. friend would come up and remark. 'Have you heard the news? What news woul self. "The Bank has FORA
