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Money and Business. The climax of the Financial revulson was reached yesterday, by the general suspension of the banks through the country. The announcement of the failure of a score of banks in New York city on the previous day. prepared the public mind for what was to come, and so when the telegraph announced a few minutes after ten o'clock that the Boston bonks had determined to suspend, no one was surprised and every thing went on very much as usual. The Presidents of the Worcester banks were soon con vened at the banking rooms of the Citizens' and although there was no panic and no extraordinary demand for specie, the following resolution was passed: Whereas, Intelligence has been received that the Banks in New York, Boston and elsewbere have suspended spe cie payment, Resolved, That the Banks in Woreester suspend forthwish, and that it be recommended at this meeting, that the Beard of Directors of each Bank be called together and pass a vote of suspension. Accordingly. the Directors of the several banks passed the necessary vote, and before noon all the banks except the Worcester refused to redeem their bills in specie. The Worcester Bank did not suspend for the reason that there was not a quorum of the directors in the city, and of course the necessary vote could not be passed. At Boston there was considerable excitement in the early part of the day consequent upon the publication of the intelligence from New York, and the opening of the banks was postponed to an hour later than ususl, in or der that the bank officers might have time for consulta tion as to the course that should be pursued. A meeting of the Bank Presidents was held at quarter past nine o'clock, at which all were present, and it was Resolusd, That in consequence of the suspension of the New York banks, it is expedient that the Boston banks suspend. The question was put, and the resolution was passed UNANIMOUSLY. The meeting then adjourned to one o'clock, when a series of resolutions embracing the reasons for the above ac tion were adopted. A comparison of the footings of the weekly bank state ment of the Boston Banks with these of the statement for the previous week, exhibits the following results: Oct. 5. Oct. 12. Capital Stock $31,960 000 $31,960,000 No change Loans and discounts. 49,315,935 De 48,913,064 402,871 Specie in Banks 2,562,980 In 2,641,492 78,512 Due from other Banks 6,112,602 In 12,558 6.125,160 Due to other Banks 3,201,817 3 240,454 In 38.637 Deposits 12,961,416 In 478 464 13,489,880 Circulation 6,287,678 In 6,355,002 67,324 At New York, yesterday, the banks which had suspended the day before, by the advice of council, resolved on a qualified suspension. They have determined to auspend the payment of specie over their counters for the time being, but otherwise to continue their regular business operations, including such mutual advance of specie from bank to bank, as may be required to meet the laws of the clearing h buse, and to escape the constitutional interdict against an absolute suspension. The suspension has calmed down the feelings of the community, and the tone of banks, bankers, merchants, and indeed all classes, is decidedly more cheerful. A citizen of Worcester, formerly of St. Louis, who is now on a visit to the last named city, gives the following doleful account of the state of business and: financial affairs at that place; "You can have no conception of the state of things here-I thought it bad. enough in Massuchuget: and in
