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LIST OF SUSPENDED BANKS.-The following is a list of the Virginia independent banks, which have suspended specie payment: Monticello Bank, Char lottesville; Bank of Commerce, Fredericksburg; Valley Bank, Charlestown; all in Winchester, Staunton and Alexandria; Merchants and Mechanics' Bank of Wheeling, and Manufacturers and Mechanics Bank in Wheeling; Bank of Berkely. Martinsburg; the bank at Howardsville, and Bank of Rockingham, Harrisonburg.
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Money Matters--Depression In Manufactures. The money market is quiet. In Philadelphia, Thursday, the banks were doing a moderate business. Specie commanded four per cent. The Bank of Rockingham, at Harrisonburg, Va., has suspended. The Bank of Rockbridge, at Lexington, suspended on Monday, on the strength of a report that the Richmond banks had closed. On Wednesday, however, a correction of the rumor was recelved, and it resumed specie payment. The unprecedented scarcity of change has induced the Corporation of Alexandria, Va, to issue its due bills of the denominations of $1 and $2 in settlement of small claims on the treasury. Heavy failures continue to occur in Boston, and the well known and extensive Bay State Mills, in Massachusetts, are to suspend under the failure of their agents. The Baltimore Clipper learns that a former officer of the Farmers' Bank of Maryland, will be put on his trial in Annapolis early in the present month, for having, as is alleged, defrauded the said bank of the sum of about forty-five thousand dollars. The New York Tribune of yesterday says: "Here the banks have already acted to some extent upon the resolve of yesterday, to expand, and although they could not meet all the demands of their dealers, have materially assisted the commercial community. A sale of French goods, amounting to $194,000, made by Van Wyck, Townshead & Warren, which fell due yesterday, was promptly met to the extent of $190,000-certainly a favorable sign.: The promptness with which the payments of our merchants are met, is certainly most remarkable, under the circumstances. Trade, however, is quite dull among the jobbers, and many descriptions of goods are selling at a heavy loss.โ The stock carried over will probably be large, and the spring importations light, a consummation most devoutly to be wished. Land warrants are entirely unsaleable, and have been for some time past. Our city banks keep on the even tenor of their way, and feel abundantly able to sustain themselves. Their specie reserve will be largely increased in a short time. The specie reported to be'coming by the Vanderbilt, $90,000, if coming at all, is probably in deubloons for Havana." The greatest decline in stocks In New York, on Wednesday, was in Milwaukie and Mississippi Railroad, which fell off to 16 from 21, under a suspension of payment of its floating debt and interest in income bonds.
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LIST OF SUSPENDED BANKS.-The following is a list of the Virginia independent banks, which have suspended specie payment: Monticolla Bank, Charlottesville; Bank of Commerce, Fredericksburg; Valley Bank. Charlestown; all in Winchester Staunton and Alexandria: Merchants and Mechanics' Bank of Wheeling, and Manufacturers and Mechanics Bank in Wheeling; Bank- of Berkely, Martinsburg: the bank at Howardsville,and Bank of Rockingham, Harrisonburg.-Rich. Disp.
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The Philadelphia Press says: "The injury that suspension has worked against us affects our own merchants trading to New-York, or buying from Europe, because it is notorious that they must either pay in specie or suffer a heavy discount to the amount of the difference in exchange. There is not a Philadelphia merchant, paid in Pennsylvania currency by his customers, who is not compelled, first, to pay 3 p cent discount before obtaining in exchange for it Philadelphia notes, and, in the second place, forced to pay 4 P ceut premium to obtain gold, in order to meet his bills on New-York or Liverpool. These being the lowest ruling rates, make a difference against the Philadelphia merchant of 7 p cent; and this is caused by suspension. "These are facts as notorious 88 they are disagreeable. The knowledge of these facts impelled the celebrated meeting of our Board of Trade to advise upon the propriety of relieving our merchants from the pay. ment of the New-York bills in specie, and is at this moment the cause of anxious solicitude on the part both of the banks and the merchants. How far these merchants may be willing to sell cheaper than NewYork under such circumstances, unless to save themselves from protest and suspension, we cannot perceive." The Norfolk Herald of Saturday, says: "This (the pressure) we have reason to believe will not extend even to & nine days' wonder. Already we hear but little of it on the street. Men go about their business as usual. Orders for goods to the cour. try are to as large an extent as usual at this season; and piles of packages ready to be sent off are seen in front of many of our wholesale establish ments, from day to day. Money is certainly tight, and collections hard to be made; but business still goes on with considerable vivacity. The idea of a necessity for the Banks suspending is becoming fainter, and giving way to a well-founded expectation that all the banks of Virginia, except & few in the North-West will safely weather the storm. Indeed all the Southern Banks, 80 far, have done so, and if their condition has been correctly reported, they can continue to do so." The Farmers' Bank in Chariottesville has not suspended specie payments, and continues to pay all its notes in specie. The following is & list of the independent banks which have suspended: Monticello Bank, Charlottes. ville; Bank of Commerce, Fredericksburg; Valley Bank, Charlestown; all in Winehester, Staunton and Alexandria, and Manufacturers' and Mechanics' Bank in Wheeling; Bank of Berkeley, Martinsburg; the Bank at Howardsville, and Bank of Rockingham, Harrisonburg. The Banks of Richmond meet all obligations, but here the crisis 19 fast passing away. More of the independent Banks will resume specie payments in a few days. The run upon the Banks of the city has been quite limited. One broker who brought on some $70,000 worth of notes of the Branch of the Exchange Bank, demanded the specie. His notes were promptly cashed -and this will be the result in all similar cases. The State Auditor of Indians has called upon all the free banks in the State to increase their deposite of se-
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THE VIRGINIA BANKS.-The following Banks in this State have suspended specie payments: The Bank of the Valley at Winchester and all its branches at Staunton, Charlestown, Christiansburg &c.; the independent Bank of Winchester and the branch of the Farmers' Bank at the same place; the Central Bank of Virginia, at Staunton ; the Monticello Bank, at Charlottesville; the Bank of Rockbridge, at Lexington; the Bank of Rockingham, at Harrisonburg; the Banks at Alexandria, Fredericksburg, Lynchburg, Wheeling and other places. The Banks at Richmond and Norfolk, with most of their branches, including those at Petersburg, have stood out against the pressure.
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VIRGINIA. THE CONDITION OF THE VIRGINIA BANKS. [from the Richmond Son n, Oct. 6] The following table. we believe, includes all the banks in the State, and are classified according to the information in our possession. One curious revelation will be 0 served, and that 18, that not a solitary branch of the Bank of Vir ginis, au far as heard from, has suspended specie payment :OLD BANKS PAYING -Farmers' Bank of Virginia, Charlotesville: Farmers Bank, Bank of Virginia, Danville: Farmers' Bank, Farmille: Farmers' Bank of Virgi nia. Bank of Virginia, Frederickabare; Farmers' Bank. Exchange Bank, Bank of Virginia, Lynchburg: Exchange Bank of Virginia, Farmers' Bank, Bank of Virginia Nor folk: Exchange 9ank Farmers' Bank, Bank of Virgina, Peteraburg: Bank of Virginia, Portsmouth; Farmers' Bank, Bank of Virginia. Exchange Bank, Richmond. INDEPENDENT BANKS PAYING SPECIS.-Fairmont Bank, Fairment; Bank of Secttavi Boostaville; Bonk of Rock bildge, Lexington: Merchants' Bank, Lynchburg. OLD BANKS SURPENDED-Exchange Bank of Virginia, Farmers' Bank of Virginia, Alexandria; Bank of the Val ley, Charlestown: Bank of Valley, Christiansburg: Bank of the Valey, Leesburg; Bank of Valley, MoorSeld; Merchanis' and Mechanics' Baok, Morgantown; North western Bank of Virginia, Parkersourg; Merchants' and Mechanics', Point Pleasant: Bank of Valley, Romney; Bank of Valley, Staunton; Northwestern Bank, Weltsburg; Merchanis' and Mechanic.', Northwestern Bank, Wheeling: Bank of Valley, Farmers' Bank, Winchester INDEPENDENT BANKS SUSPENDED.-Bank of the Old Do minion, Alexandria; Bank of Monticello, Charloitesville; Bank of Commerce, Fredericksburg; Bank of Howards ville, Howardsville: Bank of Rockingham, Harrisonburg; Bank of Berkely. Martineburg; Central Bank, Stauntoa; Bank of Wheeling, and Manufacturers' and Farmers' Batk, Wheeling: Bank of Wiechester, Winchester. OLD BARKS NOT HEARD FROM -Exchange Bank, Abing. don: Farmers' Bank, Blacksburg; Bank of Virginia. Ba chanan: Bank of Virginia, Charleston; Exchange Bank, Clarkaville: Northwestern Bank, Jeffersonville; Farmera' Bank, Lew isburg; Exchange Bank, Salem; Bank of Vir. Rinia, Union; Farmers' Bank, Wytheville; Exchange Bank, Weston. INDEPENDENT BANKS NOT HEARD FROM -Farme* Bank, Fincastle: Allegbany Bank, Jeffersonville; Bank of the Old Dominion. Pearisburg The K.pawhs Bank at Malden, in Kanswha county, was paying at last accounts. There are rumors that the Exchange Bank at Weston, and the Fairmont Bank, at Fairmon: have suspended. out the rumors are 20 vague that we preferred a different classification. The Trans Allegbany Bank has gone out of circulation, and probably should 00 dismissed from the list altogether. The Kanawha Bank at Malden has not been heard from since the general suspension. The banes classified ss " not heard from" were specie paying institutions when last heard from. It is fair to pre sume that some of them-indeed probably a majority-are still of that class. TENNESSEE. FINANCIAL EMBARRASSMENT-SUSPENSION OF THE BANK OF NASHVILLE. [From the washvi le Banner, dept. 29] We regret to have to announce that the embarrassments in financial and commercial circles which have prevailed in the Northern and Eastern cities for several weeks, have reached our own community, and that yesterday our citizens were electrified with the announcement that the Bank of Nashville, one of the oldest and largest of the free banks, had suspended. This announcement was confi-med by the posting of the following circular on the public and private door of that institution yesterday:BANK OF NASHVILLE Sept. 28, 1857. In consequence oprejudicial and "afounded reports relative to the solvency of this bank, causing a large number of depositors to withdraw their funds, besides A heavy d'mani for coin. we have been foreed to suspend payments for the present. We beg of our friends to take no action in the matter for a few days not we have had time for reflection as to the bent ceurse to be pursued Our assets are ample to pay all and they shall be faithfully applied N. HOBSON, President W HELESS Oashier To place creditors of the Bank of Nashville beyond add rubts we have actermined to convey our private property as addiะฎะ a security to be used in the event of accessity reserving only enough to pay our private indebledness, which is small. N. HOBSON, W. WHELESS. The bank steps were crowded yesterday by depositors and note holders, and considerable excitement exis ed. At the same time we discovered among the better informed a great degree of confidence in the ability of the bank to pay out, and we most unhesitatingly vise all noteholders not to submit to any unnecessary secrifice. The high charas ser of the President and Cashier is ample guarantee, where they are known, that no unfair advantage will be waken of their creditors: and we have the assurance of a leading member or the bar in this city, and a gentleman of the highest standing, who has thoroughly investigated their affaire, that the assets are abundantly adequate to uld mately discharge every liability. MERTING OF MEBUHANTS. A meeting of and citizens was held yesterday
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[From the Predericksburg Herald ] The Condition of the Virginia Banks, Although little or no excitement prevails in the minds of the Virginia public in reference to the solvency of the several Banking Institutions in the State/there is nevertheless a good deal of feeling abroad, and much interest excited, as to which are, and which are not, redeeming their issues in specie. To meet this general demand, we have compiled the following table, which we believe includes all the Banks in the State, and classified them accordingly to the information in our possession. We have examined our exchanges closely, and obtained information in other quarters, and think the table reliable. Our purpose is to present facts. One curious revelation will be observed, and that is, that not a solitary Branch of the Bank of Virginia, as far as heard from, has suspended specie payment. Old Banks paying Specie Charlottesville-Farmers Bank of Virginia, Danville-Farmers Bank, Bank of Virginia, Farmville-Farmers Bank, Fredericksburg-Farmers Bank of Virginia, Bank of Virginia, Lynchlurg--Farmers Bank, Exchange Bank. Bank of Virginia, Norfolk--Exchange Bank of Virginia, Farmers Bank, Bank of Virginia, Petersburg--Exchange Bank, Farmers Bank, Bank of Virginia, Portsmouth--Bank of Virginia, Richmond- Farmers Bank. Bank of Virginia, Exchange Bank, Independent Banks paying Specie. Fairmount--Fairmount Bank, Scottsville-Bank of Scottsville, Lexington--Bank of Rockbridge, Lynehburg-Merchants Bank, Old Banks Suspended Alexandria--Exchange Bank of Virginia, Farmers Baok of Virginia, Charlestown-Bank of the Valley, Christiansburg--Bank of the Valley, Leesburg-Bank of the Valley, Moorefield-Bank of the Valley, Morgantown-Merchants & Mechanics Bank, Parkersburg-North Western Bank of Va. Point Pleasant-Merchant & Mechanic, Romney--Bank-of Nalley, Staunton--Bank of Valley, Wellsburg North Western Bank, Wheeling-North Western Bank, North Western Bank, Winchester-Bank of Valley, Farmers Bank. Independent Banks Suspended. Alexandria--Bank of the Old Dominion, Charlottesville-Bank of Monticella, Fredericksburg-Mank of Commerce, Howardsville--Bank of Howardsville, Harrisonburg-Bank of Rockingham, Martinsburg--Bank of Berkeley, Staunton-Central Bank, Wheeling-Manufacturers & Farmers Bank, Bank of Wheeling, Winchester Bank of Winchester. Old Banks not heard from Abingdon-Exchange Bank, Blacksburg--Farmers Bank, Buchanan-Bank of Virginia, Charleston Bank of Virginia, Clarkesville--Exchango Bank, Jeffersonville--North Western Bauk, Lewisburg-Farmers Bank, Salem-Exchange Bank, Union-Bank of Virginia, Wytheville--Farmers Bank, Westen-Exchange Bank. Independent Banks not heard form. Fincastle Farmers Bank, Jelfersonville--Trans-Alleghany Bank, Pearisburg-Bank of:01d Dominion The Kanawha Bank at Malden in Kanawha county, was paying at last recounts. There are rumors that the Exchange at Weston, and the Fairmount Bank at Fairmount, have suspended, but the rumors are SO vague that we proferred a different classification. The Trans-Alleghany Bank has gone out of circulation and probably should be dismissed from the list altogether. The Kanawha Bank at Malden has not been heard Promisince the general suspension. The Banks classified 38 "not heard from" were specie paying institutions when last heard from. It is fair to presume that some of them-indeed probably a majority-are still of that class.
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CONDITION OF THE VIRGINIA BANKS. FROM THE FREDERICKSBURG HERALD. Although little or no excitement prevails in the minds of the Virginia public in reference to the solvency of the several banking institutions in the State, there is, nevertheless, a good deal of feeling abroad and much interest excited as to which are and which are not redeeming their issues in specie. To meet this general demand we have compiled the following list, which, we believe, includes all the banks in the State, and classified them according to the information in our possession: Old Banks paying specie.-Charlottesville, Farmers' Bank of Virginia; Danville, Farmers' Bank and Bank of Virginia; Farmville, Farmers' Bank; Fredericksburg, Farmers' Bank of Virginia and Bank of Virginia; Lynchburg, Farmers' Bank, Exchange Bank, and Bank of Virginia; Norfolk, Exchange Bank of Virginia, Farmers' Bank, and Bank of Virginia; Petersburg, Exchange Bank, Farmers' Bank, and Bank of Virginia; Portsmouth, Bank of Virginia; Richmond, Farmers' Bank, Bank of Virginia, and Exchange Bank. Independent Banks, paying specie.-Fairmount, Fairmount Bank; Scottsville, Bank of Scottsville; Lexington, Bank of Rockbridge; Lynchburg, Merchants' Bank. Old Banks ispended.-Alexandria, Exchange Bank of Virginia and Farmers' Bank of Virginia ; Charlestown, Bank of the Valley; Christiansburg, Bank of the Valley; Leesburg, Bank of the Valley; Moorefield, Bank of the Valley; Morgantown, Merchants' and Mechanics' Bank; Parkersburg, Northwestern Bank of Virginia; Point Pleasant, Merchants' and Mechanics' Bank; Romney, Bank of Valley; Staunton, Bank of Valley; Wellsburg, Northwestern Bank; Wheeling, Merchants' and Mechanics' Bank and Northwestern Bank; Winchester, Bank of Valley and Farmers' Bank. Independent Banks suspended-Alexandria. Bank of the Old Dominion; Charlottesville, Bank of Monticello; Fredericksburg, Bank of Commerce; Howardsville, Bank of Howardsville; Harrisonburg, Bank of Rockingham Martinsburg, Bank of Berkeley; Staunton, Central Bank; Wheeling, Manufacturers' and Farmers' Bank and Bank of Wheeling; Winchester, Bank of Winchester. Old Banks not heard from.-Abingdon, Exchange Bank; Blacksburg, Farmers' Bank; Buchanan, Bank of Virginia; Charlestown, Bank of Virginia; Clarkesville, Exchange Bank; Jeffersonville, Northwestern Bank; Lewisburg, Farmers' Bank; Salem, Exchange Bank; Union, Bank of Virginia; Wytheville, Farmers' Bank; Weston, Exchange Bank. Independent Banks not heard from.-Fincastle, Farmers' Bank; Jeffersonville, Trans-Alleghany Bank; Pearisburg, Bank of the Old Dominion. The Kanawha Bank, at Malden, in Kanawha county, was paying at last accounts. There are rumors that the Exchange Bank, at Weston, and the Fairmount Bank, at Fairmount, have suspended, but the rumors are so vague that we preferred a different classification. The Trans-Alleghany Bank has gone out of circulation, and probably should be dismissed from the list altogether. The Kanawha Bank, at Malden, has not been heard from since the general suspension. The banks classified as 'not heard from" were speciepaying institutions when last heard from. It is fair to presume that some of them, indeed probably a majority, are still of that class.
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Bank Items. The N. Y. Tribune of the 6th says: The Bank of Lima and the Thompson (Ct) Bank are again received. The Banks thrown out to-day are the Bank of Central New York, Utica; the Oneida Central Bank, Rome; and the Worthington Bank-all this State. The report originating with the New Jersey Sentinel, that the State Bank at New Brunswick, N. J., had suspended, is untrue. This is one of the oldest banks in the State, has already redeemed its bills in this city, and, we are assured, is as sound as any bank in the country. The Exchange Bank of Lockport has not suspended, and the Traveler says that the notes of the Bass River Bank are redeemed at the Suffolk Bank. The Jersey City Sentinel of Oct. 20, says: "There is not a single New Jersey bank at present in a state of suspension. The State Bank at New Brunswick, and the Bergen County Bank, the only two which suspended, resumed almost immediately, and none others are now likely to go down." The following is a list of the Virginia independent banks which have suspended: Monticello Bank, Charlottesville; Bank of Commerce, Fredericksburg; Valiey Bank, Charlestown: all in Winchester, Staunton and Alexandria, and Manufacturers' & Mechanics' Bank in Wheeling; Bank of Berkely, Martinsburg; the Bank at Howardsville, and Bank at Rockingham, Harrisonburg. The Peninsular Bank of Detroit was enjoined on the 29th. The charter requires that its securities, which are United States and State stocks, shall be kept in market valuation at a certain rate with the issue of the bills. Michigan State stocks having fallen to 75 cents, the State Treasurer required the surrender of $40,000 of the circulating notes, which the bank refused. The Attorney General, as authorized by the Revised Statutes, filed a bill in chancery, and obtained an injunction against the bank. VIRGINIA POLITICS. The Richmond Enquirer states that Gov. Wise is not a candidate for the United States Senate in opposition to Senator Hunter. It sustains this assertion by submitting sundry reasons why Gov. Wise should not enter upon such a canvass. He is a condidate for the Presidency in 1860, and a contest with Senator Hunter, whether successful or not, could not fail to weaken his prospects by arraying against him strength which he will need in his support. Mr. Hunter's re-election, it is urged, with Gov. Wise's co-operation, will "by no means injure the Presidential prospects of the latter."
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THE VIRGINIA BANKS.-The following Banks in this State have suspended specie payments: The/Bank of the Valley at Winchester and all its branches at Staunton, Charleston, Christiansburg &c.; the independent Bank of Winchester and the branch of the Farmers' Bank at the same place; the Central Bank of Virginia, at Staunton, the Monticello Bank, at Char: Jottesville; the Bank of Rockbridge, at Lexington; the Bank of Rockingham, at Harrisonburg; the Banks Alexandria, Fredericksburg, Lynchburg, Wheeling, adidas and other places, The Banks at Richmond and Norfork, with most of their branches, including those at Petersburg, have stood out against the pressure.