Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1842-02-05
Philadelphia.
tCorresf on1ence Of The Herald

PmLADELPHtA, Feb. 4 1912.
We are enjoying comparative quiet to-day in
our faancial circles. The banks are doing as near
nothing a. may be, andthe merchants are, in this
respect, keeping them company. There is not, 50
far a. know, any prospect of an immediate out
break among the banks. The "lsague"is UNDER
stood to be formed and the bank Camden is inclu-
ded it it. This bracins up Of one another reminds
Of the stsrJ told Of the Cape May cattle,
which wild in the woods until they become so
poor that when they come across food Of any kind
they are compelled to stand three or four together,
pushing themselves up. while they gather it,
These banks, having plundering another until
farther profit in that quarter is hopeless, they now
p-or themselves up for grand onslaught on the
little that remains in the hands of the community.
The people hereawsy see through the trap, and
woull not fall into although the Legislature
should net close them all up BY immediate resump-
ton.
Mr.. Road, the late President Of the PhiIade phia
Bank, 10 understood to have resigned his Office in
displeasure in consequence Of that Institution be-
ing resolved, by majority of its Directors, to
en- the 'leaguc." In his course he il understood
to have followed the advice of his son, John M.
Read, Esq. The many recent Engagements in
this bank ssgur good.
The rumors from Harrisburg to day are tho
and strong that the Resumption Bill, In the Legis
Iatsre, repairing cash pay ments BY the banks i'm.
mediately, will certainly become law. This il
well received by the community, but causes some
little wincing by the banks. 1t 10 said that not
more than five oil the banks Of the city and county
will survive II. viz: the Southwark, the CONNER
ciaI, the Western, the Remington, and the Ger
nantown, and these only from the fact that they
have very limited issues. Well. the general crash
could not come at better time.
The transactions at the stock board to-day were
again large for Philadelphia. State fves sold At 81
IAN advance OF 81 on yesterdays sales; though 80
far as We can learn there 10 not the slightest pro-
liability OF the States paying the interest within
here, whose wish is father to the tn ought, to the
contrary notwithstanding. County fves fell off 81.
The rates Of discount On ell discredited paper 10
the same as yesterday. Exchange on NewYork 6
immediate resumption bill will pass. Relief notes
are manv OF them at q discount Of tn 10 per ceut
for currency: Should that bill become law they
will soon be Deprecated to double that amount.
On wednesday morning, female Of bad charac-
ter residing IN the lower part OF the city attempt
ed to commit suicide by cutting her throat. She
was OF incorporate habits, and stated that reuorse
and peculiarly embarrass men led he to commit the
rash act. DIR Lrshtel was called ip, and ronJ, red
her immediate medical assistance and she il now
in q fair way Of recovery.
The case OF Mr.. Jssaon q sbeas sorpus, which
has been postponed to Monday next, it is believed
will terminate IN his discharge.
The Circus !. nightly filed by q faskisnable au.
dience The Walnut was shoekisgly desolate last
nigh. the Chesuut has pretty good houses to wit
ness Sylvan, Parsaioe, and the other dancers
Parsloe tak-s benefit ic-aight; Sylvan to-mor-
row night. Conner and Mrs. Seton are at Harris
burg astonishing the natives.
The sbody OF Monsieur Goulsud, a Jerk il the
sfiice Of the French Consul Of this city, this
morn ns fJand floating in the Delaware at Dock
street, where he was supposed to have been drown
ed on the 9Th Of December.