Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1842-03-03
MONEY. CURRENCY &c

Yesterday wis Que OF IhJ IA ~ exciting d ys eve
witnessed Ia the money circles ia this city
"hef"'er two "r three were together. the subject
was the Illinois b inks. o. Tho uaeuing or he ndi
ceS IA ihr morning. Messrs BenpIst S Co. refused
10 receive tho paper Of the Suite Bank Of Illinois.
, IOslly after the Perpetual Ofice declined To receive
u On deposiie or IN payment Ol notes exec 81 Tor notes
winch Ihey had Themselves discounted. The Bink
o. Missouri rcpudIated u entirely. an several ui the
br"NcrS and other companies followed suit. The
Gas Light continued l~liruuguut The day 10 receive
u ON deposiIe lrun their regular customers, aud ia
payment Dat refused Ia receive from brokers' or m.
large amounts 10 open new accounts. The Perpet.
uI We understand, resolved 10 receive IL in pay.
ment OF n"ies discounted by herself during ycster
Day and 10 day only, mud unless sumo arrangement
Is IN ido 10 day. We suppose will regulate ii alto
gether by tomorrow.
The Cashier ofIh, lllin,is b ,nk drew Exchsngo
' Inch was sold on New YORK and Is sion at IS per
cont premium for no'es OF that bank ON PailaIelphia
at 10.
Such was the state Of aT,irs yesterday, what to-
day may bring forth II is impossible 10 say. hut un-
less S1'n' very strong move is made. the circulliion
OF The npies of the S ate Bank nay DO considered
As ended. W.. II dge!y. the Cashier j. expected to.
diyi We fear he como, tpD aIo 10 az 'ciauy ihing.-
ihe currency oi 81 Lnuis nov consists of The notes
OF The Bunk II il IA i. the VI scrs Bank at Dubuque.
We Wisconsin Fi'e an M irne Checks, and the G..
y H"I County warrants. Which Of these il to be
The next IA the last Of rrpudiaIed. 1t Is i'm ,ossiblo To
TEL. The bank Of lllinJs u Ga, stand ard Of value
al prcseui and the only me which is Received cur
rouiIy al the Bank and all the offices.
The Safe Bank has not met this crisis as was CT.
peeled. We feel assured that a dispusitim prevail
led throughout most Of the community 10 uphold
mo paper. IL was greatly 10 the interest Of the CT
hzsiS =" do 80. but the arrangement made by the H.
ihois Bank was entirely unsatisfactory. IC any Of
TIE cfi"ers Of The institution had accompanied Mr..
S'dhaII 10 this place, and given a representation oil
lheIr atIlrs. or CONFIRMED 10 what hs done yesier.
day'drlw exchange At a shon Time her credit would
have been preserved, bat as il Is we doubt Il II is
possible 10 restore H.
As waste be expected mlny reports. representa-
lions and TUES were repeated on the pave yesterday
some o. ihcm Of a highly pernIcious character 10
individuals and companies. This should not BIO
10 q Time like this reports should be received with
caution and never repeated except when know n 10
be iouudod on truth. The sisrm has come and il is
only by mutual support and aid Of each other that
the best can successfully weather u.
Inc IN II serious question now ~ what EfaH us
H"Jora cIrcuRrGoal Will the bank OC llIinais keen
her notes IN circulation or wIll she retire what she
receives Tor her exchanged With all her paper 90
ana with The other paper in circulation. wdl We
have enough These ore questions whrch we do
not ni This m'ment profess TO be able L, answeTbut
TIE spring business in general must be greatly GRIP
pied aud injured by Tins event canuoi he doubted.
ST Louis Rep.