The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-03-19
Phllndelphla.


PHILApELPHIA, March Is, 1892.
n full Resumption of Specie Payments-AH non-spe-
Gle paying Ba,aks discredited and closed-Habe,ls
Corpus cases Suicide. tAh
All our banks to-day entered upon full and un.
conditional resumption Of specie payments Every
demand of every character is met in coin-even
the relief notes, Of such Of them as issued these
bills, are redeemed in specie, The same as the banks
own promises to pay. We have now but nine
banks, to wit :-Phiiadelphia, Commercial, North
America, Farmers and Mechanics, Southwark,
Northern Liberties, Western, Kensiugton, and
Germantown. All the others are in course of liqui
da.ion. The Moyamensng and the Manufacturer
aud M. chanics' d d not open this morning-makipg
eight broken banks in our city out of seventeen,
with an aggregate capital Of 50. 25O. 600! So
we 60
The resumption was agreed upon las, night, and
has been well sustained. On three or four of them
there was something of run. bst they all met il
without finching. and confident are the people
that they can stand it, or tired they Of sus-
pansion, that hundreds of thousands of dollars have
already been carried in and deposited with them.
1t IL well ascertained that ia the aggregate more
specie has been DEPOSITED with The banks than has
been drawn from them.
There has been great commotion throughout our
city all day. and little or business of any sort
transacted. The people were 90 rejoieedfo got
the sight Of gold and silver, that they could think
nor talk OF nothing else. BY tomorrow evening,
eerediting Of small irredesmable paper will be
filled with specie, and on Monday, the banks will
be found pursuing their avocations as of old Sue
cess to every honest move they make.
To-day the decsion of The Judges Of the Court of
General Sessions given in the case Of the wri,s
OF habeas corpus taken out by Nicholas Biddle,
Joseph Cowperthw ate, and John Andrews, which
were originally heard by the Court Of Common
Ioa onAH 4 r. Al
Sessions, sustaining the melton of The Attorney
General to dismiss the writs aAd bind the REALTORS
to answer at the present term of the General Ses-
sions. The Court then ordered the parties to give
from day to day. BY the advice ofther respective
counsel, the defendants were committed into the
custody OF the Sheriff, when writs of habsas cor
Pas were sued out before the judges Of the court
with the view Of having them discharged, and
Monday, the 18th instant, fixed for hearing them
An argument took place between the several coun
sci ana the Attorney General in reference to the
nearing Of the cases separately or together, the
heard jointly, and the counsel for the REALTORS urs-
ing that they may be heard sinsIy. The natter Was
lett undetermined, the Court suggesting that the
question might he left open until the time of hear
ing.
Last evening, Sydney Freeman, blind manufac.
turer. In Second Street, below Dock, committed
suicide BY hanging himself. He was about IS year
o. Aye, WIN Vile and two children, and appeared
70 De doing q good business. During the day he
appeared to De much indispossd, asd was left in
has room about FIVE o'clock in the afternoon where
ABOUT O'Clock he was discovered hanging BY the
ped post The Coroner held an inquest up. q the
body At 10 o'clock. Verdict accordingly. The
,amIy OF the deceased is from Eat Jersey or from
AZ the stock board there was bat one sale to-day
Nv SHARES OF Farmers' and Mechanics' Bank At
~, an advance Of 81 on last sale. Exchange on
VIEW iork prem. The paper of the banks which |
n.ve :oPpea within the last two or three days is
At a discount Of about 25 per cent.
ne following is . statement Of the conditioa of 1
'nS Moyamens'ng Bank, March 2, lsA2:-