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First National Bank. The Secretary of the Treasury states that the government does not lose by the suspension, the deposits of government officers in the First National being fully secured by the de posit of that institution in the national treasury As to syndicate operations the balance is in favor of the government, they having overpaid at the last settlement. Late this afternoon there was something of a run on the Washingto City Savings Bank. All demands 80 far have been promptly met. LATER GENERAL REVIEW. NEW YORK, Sept. -Another day excitement has passed over Wall street Early this morning prédictions were made that this would be a hard day and one that would see the downfall of more than: one financial house. The Chicago fire, it was thought, would occasion a drain on deposits and tend to a panic. Stock fluctuated wonderfully for the first two or three hours. Western Union fell off 10 per cent without an upward struggle, but about noon recovered to its opening figure. Atnoon it was whispered that the house of Jay Cooke & Co. had suspended, At first the rumor was considered an idle one at-most, started by some scheming faction However it had great effect, men and boys ran races from office. to office; the telegraph was in operation and the ex citement grew intense. Shortly after 12 o'clock, noon, it was officially announced that the suspension had occurred the reason being the advances made to their Philadelphia house, which rendered them unable to meet the demands made upon them by their depositers here As soon as it became generally known that this firm had suspended, rumors of other prominent houses sprang into existence, but all reports about the suspensions of firms, except Jay Cooke & Co. Richard Schell and the small firm of Suydam & Co., upon investigation prove to be with out foundation. When this fact was made known on the street, confidence was again restored, and at the close of business a stronger feeling prevailed. It is not thought that any other firm of prominence will succumb. Men, regarded as among the safest and most judicious on the street, give it as their opinion that the great danger is past. Robinson & Co. expect to resume in a few days. Mr. Schell was not prepared to make any statement in regard to his lia bilities. His suspension was occasioned especially by the decline in Vanderbilt stocks, in which he was a large dealer The liabilities of Jay Cooke & Co. cannot be ascertained. It will take some time to make a statement of the affairs of the house. Their creditors are mostly banks and bankers,there'being but a few individ ual depositors in the list. The suspension will greatly interfere with the operations of the syndicate, and probably suspend the negotiation of 5 per cents: The bonds of the Northern Pacific have been of slow sale recently, and the failure of Kenyon, Cox & Co., and of the New York and Os wego Midland Road operated disastrously against further negotiation of bonds. The Express saya The war upon railroads has a as a dence creating produced among it large has part capitalists of want this of panic, confi and small investors, and injured both crodit and progress of the railroad enterprises When confidence goes credit falls with it and a panic takes the place of both. The suspension of houses like Jay Cooke & Co., and Keyon. Cox & Corare public calamities, and are events wholly unlik the failure of those mushrooms who do business on borrowed capital, or oftener on no capital. The sympathy of the public is with the unfortunate who try to do a legitimate business and who fall while in the prosecution of it, as in the building of railroads and other public works designed to enlarge the business of the country The duty of all is, while omitting no care necessary to exposure or proper regard for the present or future to pour oil upon the troubled waters and restore health and confidence to the money markets and to all honest corporations and persons engaged in money transactions. The Mail says it is understood that the houses which are in trouble are solely those that have been carrying heavy burdens in the way of railway construction, and that the losses from their failure will e widely distributed and will not be long felt seriously Here it is telt that the events of past few days are most unfavorable for the prosecution of unfinished railway enterprises, and 80 a misfortune to the country whose resources require for their development a liberal ex: tension of credit But all of the other branches of business/haw an unusually good promise for tall and winter Our enormous@crops are bringing good prices and the demand for them is unpre cedented. Our merchants have generally got down to hard pan and ready for a tremendous business on a sound basis, and the general situation outside of the maelstrom of Wall street is full of encouragement. The misfortune and terrible affliction of the street is the peculiar legIslation which ties up the reserves of the banks just at a time when they could safely and profitably to themselves tide the business of the country over its present momentary difficult of currency and make the way easy for the marketing ot our immense products. Even had the Secretary of the Treasury deposited his tenders in the National