Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1837-05-15

some ten year. ago. That estate h.,
since been worth very large sum- and
is now estimated Al double the cost.
Circulation about $4,000
Indebtedness nj all sorts. about 600 900
Loans secured bs notes aud bulls 100000
o,ef-diltis 100000
This a>l items tic pont Of weakness, aud has
caused the present trouble
\ cof,inntee from the Banks bad consultation
this ma,unc as the result of which Iis Honor the
Masnr ia a suitable speech announced that The
bulls of Tire DR., Dock Bank would BE- paid at any of
the Banks IN Wall street, and assured the crowd
round that the bill holders would all be protected
and pad to the full. At the same tune II WIS an
nounced that the Chancellor had LAID injunction
on the DRY Dock Bank and that It's assets would
be deposited with the Mechanics Bank for colec-
ton. The City Banks have acted noby in coming
forward to redeem the bills Of the Dry Dock. II IS
generous towards the bI-hoders, aud " H. We have
no doubt, do much alay the unreasonable aspefity
Whlchls felt towards those institutions. II will do
much to prevent eXcItcments, as guarantee thai III
all possible a liberal policy vii be pursued To-
wards bill holders. This Is night for the bull hol
drrs are many OF them persons WHO do not engage
IN the hazards Of credit; and 10 many, the small
sums they hold IN bills, is OF vital Importance the
comfort OF themselves and families.
The Dry Dock l}ank had a portion of the govern
mcnt dcposes amounting 10 about $500 600. The
bills recon able OF thu bank We're made of To
provide for the bill holders, before thu injunction
was land.
3u'elock-Thc excitement in Wall ii. has in a
great measure subsidized, aud the crowd have Diapers
cd. \ good many persons have carried home the
bills Of uptown Banks, and there me reports Of runs
btd We know that II amounts 10 httle.
har. If fom.
WALL Srnrr.-Oac O,lorh.-rhc excitement
continues in Wall street aud the people Vel linecr
there III crowds. Among the calamliies OF thc das
Is the suspension Of the strong house Of John Ward
co. brokers. Like many others who have gwen
way, they have supcrabundancc of meal.s, hut eau
not command them.
In order To illustrate the true state OF things We
state fact. Among the suspensions of Saturday,
was one ior fifteen Thousand dnllms, Ia paw which
they offered the best sccurltics for hity thousand
dollars-but could not obtain One of our friends
has been obliged To suspend with an actual bona hdr
surplus OF seven hundred thousand dollars And 50
with others. oh the blessings OF SAci an ad
mlnlsfatlon
Stocks To day are all down with the exception of
New Jersey and Utica Rail road. The former clio
s"d Al ~ the latter at lOi, cash. L. :. cloSrd al
%, decline Of , per cent. Saturdays prices ::
Delaware and Hudson at 5o4 Harlem At 10; Bos-
ton aud Providence AT ~ and Worcester al H.
In bank stocks, bcSdrs those mcntiuHrd above,
30 shares of Phcuix were sold al -, ~ o Clts al
samc rate, and 20 State at ~.
The prospects al the south and mcs are IA dis
couragIng thry are here.
We understand HAT run upon the Seventh Ward
l'anh has been III operation about hall an hour.
The Commercial Is spoken al is the neat object OF
attack ITca,u,rrj,I
Numerous failures Saturday aud To day.
There will he uInrr, and important ones There ~
nothing hut gloom, and cplerlrnes of wrong.
lHcrlcdn.