Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-11-01
OBSERVATION-DISCLOSURES, &c.

We Law beture our readers 10 previous column lh'
Proceedings Of The Convention Of Banks in the CI'y q
New York and he adjourned meeting OF the Merchoo'
consequent tEereupon. II appears om these thai 10
ucriun look place as to the reception Of The Interior
Safety Fund Banks; and that The Banks have ctist
mined far possible 10 suspend thef cuflas' shu
10 lend as much assistance 10 the mercantile interest a.
is consistent with their paramount duty Of supporting
specie paymenls-and they renew their pledge TO c0nA
nue. such payments The meeting of the merchants
resolved 10 stand by them in this resulu'on-l seems
therefore, 10 be generally conceded ihat Tue oa""'
the Guy Of New York will adhere 10 their grouuc.
Some difficulty exists upon the no'rs OF he saF"
Fuud Banks Agents have gone 10 present Their n".'
at their own couuters-and their credit and receNaO'
in the City will very much depend upon the success v
this operation. The New York Gazrte expresses 10.
greatest confidence in the stability OF the sairy run
SYSTEM declares that under IT, Tor ten pcdTS n 20"
ole Bank has failed and no, dollar has the pubic s'
by il during that time and ventures 10 say that l'e'e
no probability that any OF them oiH jnu-tiat MOI as'"L
dollar will be lost by the bill holders The Gazette ~"
mo doubt that in very short lime, arransen mems w..
be made by all the Banks in the Interior to rect-m '
bills in this city, either pr at the usual nscoe;
which has been heretofore but trng and Willingly Wv"
In confirmation Of this opinion II quotes 'he g,or
ipgs Of meeting of five gentlemen who are o"iee =,
several of the Western SAFETY FUND baEhs, w. ,
the City Hotel in the city Of New York, on ,nr ",p
of October 1899 They recommend that I'"'e",,,"
Of Western Safety Fund Banks, be held al The htD1a'
Hotel in Auburn, on Friday, the eighth DAY :" .,r,
Der next, at ten clock, A. VI. oil tnat Gay, I"
measures as will insure the uniform and speroy 'oer
ton Of their paper, at some central and con'r"
place al thr earliest practicable day ae! H''e-
yer adopt the following resolution: L;r,s
"Res0lred That we have full confidence IN inc ao':
of all Western Safety Fund Banks 10 redeem tnei
tire circulation, at an early day. and We Oh NOV
10 assure the community that they viii cheef,u'
every effort within their power, regardless P''F'''
meet their engagements with the public L,x,
The feeling in New York on Saturday IS sa.p p.,,
been more cheerful. The Times says that y inc h.
whose discount, day increased .hef oa9si e
lieve in every case, fully up TO the amount o. vent
cpips and in one instance,-perhaps mor''-'".! ,5s
beyond tina, amount On Tuesday. (accofo"S ;,
Ny Gazete.) 1.-The Stock market continue o,rn
very depressed state and The tendency IS SUI, u.s,,
wards There was much greater falling on .nsa 6
almost every description sold, having decline. mo
States Bank receted sbou, per cent, &c. 10 Cod
ney market the prospects look much oHsm.e, :, hnn
paper was in demand yesterday and sT'"g Cling
i2,o3l per cent month The hanks are -.
bills on Engiand al 8 per cent, but Ia conse
considerable amount Of Southern exchange pr"- Tl-
market sales ha sc been made a. l"~ a. 9 &C ,s,g.
" Y Pos, says Stocks still show o'"h"'.I -, t,,-s
CIV The business in IT, S Bank was unusoal 80.
and chiefly for cash, at q decline oil : J" :