Meigs County telegraph. [volume] (Pomeroy [Ohio]) 1848-1859, 1854-11-14

VIVA hof0 SOt sonU um6 pust. We maH1
thsse remarks frcm seeing the name Of this
BsNk sssOrisIed vllh ,he oshsEs In Ihe BaRk
Note List Of The Fountain.
Three of the New England Ranks, vis
Bank Of Ha'loweli. Ship Builders Bank. and
Brunswick Bark. ore reported failed. Wei
never had much eon6dencein these Yankee
institutions. Their notes sell q. 50 cenW In
New York.
Several OF the New York banks are aI 4
heavy discount. Lewis County Bank re.
ported failed.
Erie and Kalamazoo, and Farmers and
Mechanics Bank Of Memphis are quoted a,
40 cents In New York.
With regard to Southern Bark Of Ken
lucky and Commercial Bank Of Kentucky
We have no,hiog definite In our exchanges.
So much for banks Of issue. Lei us now
glance NJ the Private Banks, or Brokers'
shops. ,1..,s
On Wednesday last, nearly oil Of tho heav.
lee, establishments or this kind In Cincinnati,
Suspended payment. First Ellis & S,urgess,
whose liabilities are estimated at over 81.
600 00O; ,hsn Smead. Collard g. Hughes.
whose Liabilities are sill greater; then T. 8.
Goodman, and lastly Lanedon T. Ha,ch.
These four houses had ., the lime OF closing
abou, four millions OF dollars on deposit
placed there BY ,he merchants and masu.
iacsuress doing The business Of The city.
They oil rspresen. their assets as much
greater than ,heir liabilities. as perhaps they
are; but these assets are no, convertible into
cash. end probably canno' be made availa'
bic short Of sixty OF ninety days. In the
meandm ), how 10 the heavy business o
ICincinna.i 10 be carried ont How are these
Idsposimm to meet their liabilities, and 6nt
money 10 carry on their businessl The
stability Of many Of the mercantile houses
win be severely tested. and the shock vii
be- fels by ell classes. A Bank mob was ex
pec.ed on v ednesdsy night. and the militia
.lsy companies were ordered 10 hold them
sslsea h readiness 10 turn ouG bu. no up
IpearaDees OF such demonstration wer,
/ mpniiest in tho evening.
iksin lheairical circles, Q farce 10 expec,e,
siier . tragedy. so 10 amuse our readers. W,
give the following ludicrous transaction. re
ported in the Cincinnati Cor mercial:
: Il will be recoilec.ed ,ha, John 8. Dye
the Coun,erfei, D-,rc,or man. was brough
before our PoIice Court. about q year ago
charged with circulating unauthorized ban
paper in this city. twill alec be recolec,e
,ha, This bank paper was in the shape a
bank bills. on the Exchange Bank Of Mem
phis. wnh "Redremsbe d, the BankiH
House 81 John 8 Dys. IN Cincinnati" place
cnnspicuously in Q semi.ciscle on said bill,
Dye was fn. d, and promised no, TO nbei j
the circulation of this fraudulent paper !
future. The world r"llsd on. and cerai
X papers. for o consideration. resusci,a.ed NJ
d Dyes character. Bankers endorsed il, at
> the msn. became Rrea, in financial circle
again. soasewha. notorious as the author I
= financial bulletins, and the unlinching &C
+ yoca,e OF The Indiana free banks.
III Day before yesterday, somewhm unst
phis,ica.ed merchaM from the inierior
:, lDclsns. came 10 our ci.y 10 pay Cf his d,
: count with his merchants here. aad anon
= mis- available means to do this, he produces
; ,wo hundred and eighty, one dollar bills, q
e This same old bank OF Mr.. Dye no,orie,
done up neatly, and In good order. and W.
conditioned. Our merchant wish some o
I" innishment. and little mirlh, asked the Il
~ diana gentleman, where In Ihe world
csme by Iha, trash. 10 which The gen.lema
from Indiana replied. thar he 90. Il from
banker Of Logausport, who told him !. ",
.. perfectly good In Cincinnati, and would
3. pvo,ec,sd BY the celebrated Mr.. John 8 d.
is Our neichan, accordingly presented u
l.. whole amoun. Al TIE Office Of Mr. Dye. al
10 ubou, The halt OF 10 was redeemed, and
G. pnmise given ,ha, the balance would be th
r. morning; this morning ihe balance was du
presented. but. we suppose, iEding the Il
.e more than !, was able 20 meet, the banki,
,k house Of John s. Dye suspended. and. lat
q. In the day, I. was reported sha. the desk
\. bulletin boards, and o,ber furniture Of II
banking house OF this remarkable man. hi
been seized by q constable,
- Some people were Unkind enough 10 I'M
:" mas that this lndianp State Stock Bank al
n ihs Banking house Of John s. Dve we
s, working together; the Indiana Bsnk circ
er la.ions Mr.. Dyes currency In Indiana viii
a. M. Dye was projecting the Indiana Fl
Bank paper in Cincinnati.
d. This Dye Is ! mos, precious scamp. v
4. nigh, give many evidences Of his rascal.
!. bu, con,sns ourself ibis week with one 9th,
IL The Ohio Salesman says ,has some one
NJ putting in.o circulation 10 Ibis S.a,s. .,
u Bank NOES, purporling 20 BE- oi The Planter
]. and Mechanics Bank Of Georgia. da,sd
Y, Dallos. signed. as !, is said, BY On lndividt
!, Ia Tiomb1ll county. OLlo, who has RoI Jo
he s Dye. of the .Baak Mirror" Cincinns
70 quote Them .. 2 per cent, disconni. WI
q is said Ia the Commercial, abou, India
he Banks end John 8. Dye we regard as U
i. generous, Similar vemarks nigh. be ma
,sl ofall oiherpublishers Of De,ec.ors, :or. we