The Burlington weekly hawk-eye. [volume] (Burlington, Iowa) 1857-1858, 1857-09-02

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Dank. 1A1 nsWs ~ osSty tooy Oytesl tI1ol
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Itoss Company had been regarded . sMoagthe
nfDst ord 1sss sabstansial 6ankiag iassiussioas
b lAe eoxnsry. 1ts b1siaes Aess I'D besA cnEc.
my msnanoa end yioldsAA fair psooA o. H.
Rn.rth ar Ju}v : essnl.annrnl 60 lividsnd Was
Aeoanred floor end hslf ne caal o. TAurs-
Az ~ lie stock oold q ~ Nae Yesk eeock
Rxchaneo a within 1 ltaction u paf, indicaain9
earAdescA thera. Il aadltiuu g IN this he
Weeteru baeineos 81 the bank csotinued large
ana profitable. liz discount lines havs not beea
,noreanat: villa IN depou1ts were nOs dinIinisG.
"a. ~ aener.l buoineGe Of thc country b u I
e.na eon3Ition. nseoenl fne. hoth pteseue and
nns,n.uprsctIve. moet healthy appearances. Mooey
n 81 de Weetera marksss, and Indeed, n every
rasrkse onka,da AZ New Ycek Stock circles has
49, r.Ste o.av- What then. could have caused
"a oneSrrenea - d3saatrous n the operations OF
~ inssisutionY Upoa TIA poiAs ~ are Utterly
= the Az. Through public or private cham
nels ve have NO sdyices from New York except
~ bar, annouucement Of the suspension. The
door, vere cloeed ves,erday. about ! O'Clock,
ana the fact vas olBciallv announced 70 The Di..
recsors her.. nv dianetch from M, S,etson, Pre-
si6enf az ia Rank. Who len this city o. Sasur--
day uorniue. IL obedisnce 10 an urgent dispatch
frnm Nav York. and reached the kt,er CITY on
an that !. nos;tiveiv knovn. but Ne NAV. Ne
think, afeiy ventnre ~ opinion thas Ire dim.
cultv haa nat r.enlsed from any leRitimAse busi-
~. tr,rre.ctiosa here q Y New York. Suspi.
cions - nuneroua Y u he true callss, and "
have our faara thai partses Who controlled tAe
hank in Nov York have ben tempsed 70 engage
h etock ,neculations. ON their own account. or
= loan money on stock securities, thus divertins
IN vn.en, 81 the institutiOu from theie leoiti.
80 ch.nnel. and finding their operations grow.
IN worse daily, instead u improving, finally
yielded to the pressure and ceniesssd their erroF
OF crime. Ina. NY ca..u'y - -. y.
mismanaeement OF vnes = worse, oEeace =
saitn, o. wnicn tue Urectots neEe AnsW mummy
Gan nerois % o0uOsoo-s
me coasoiAuon 70 g ota.n l.0ns.as su. ~.
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.:., 1870 .s "a $500 "a ~. D..ssrr. - ,Ss
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Count, SfC;n G.,o,,a
---7----
THIRD STREET YEsrERDAY-THE BANK Ex-
cIrEMENT.-Third street, yesterday, was more
than ever the street Of the Queen City: al other
thoroughfares we're neglected for that. There
was the nucleus and focus Of life and attraction;
there was the great Trust Company Bank which
had suspended; and there the people went in
crowds to look upon its carved and costly walls,
and its broad entrance, at which grim police
men, like Griffins, stood as guardians.
The city knew through the morning papers,
ere the sun had fairly risen, that the Financial
mammoth" would not open its doors; but they
went there at an early hour, to gaze and talk,
and wonder, much rs the Roman people did
upon q holiday. The street was full by seven
o'clock, and many were the elongated iaces and
troubled brows which met one there. The quiet
fixed, respondent air Of men when some caam
ity has befallen them, was written in the yari
Gus faces Of that uneasy quarter There wal
no noise, no hurry, no turbulence, deep ex-
element hay under the surface, but not con-
cealed of the hundreds Of persons who moved
nervously or stood stoically in Third street.
As the morning advanced the crowd grew in
numbers, and BY nine o'clock it was almost i'm
possible to drive q vehicle through the street
Still, no haste, no cry, no clamor. All the ed
dies, waves and whirlpools we're invisible to the
ordinary eye; but the close observer beheld the
ripple ON the measured stream.
What motley crowd was there! Merchants
and ministers, editors and emigrante, reporter.
and Sagamuffins, policemen and pickpockets
gamblers and gentlemen, cyprians and country
people, stood side by side, and joslled each
other.
Here was poor, aged woman, fearful o.
losing her all; there painted and bedizzenet
creature whom M one could mistake inauirnr
"A to the prospect Of the Banks resumption.-
A sturdy German looking curiously at the crowd
and a wealthy merchant spcculating how hi,
"Proft aud Loss" account will foot up at th,
end Of the year, are near each other; theil
only bond Of sympathy the fact that they am
both creditors of the giant s.Trust," A neigh
boring banker looks wis,fully across the street
and hopes the Bank will come out "all right,
and shakes hands with Journalist, who evi
IDENTIFY don't care for money, as he has none
and expects to have none, unless be marry Al
heiress. or his old uncle dies and leaves him /,
fortune.
The drinking saloons were literally patronizei
Yesterday. and creditors grew very thirsty. ant
swallowed cobblers and iuleps in rapid success
sion. The crowd shifted about. and looked a,
the bank at sundry angles. and seemed anxiou,
10 maonetixe their balances ~. Of the Windows
The other BANKERS were cool and ouie, III
dsv and mo ono trouhled them The hamsr
waves ehhed and aowed "a ana f.on, ,he hsnk
hut Il did NO, move. aud an the bour of moor
waved an aud ths crova ora simmer M
,n;nns- md onlv c.cnns ~ere inf. .nd ,ho,
s,.n5 ,bora Viii: 70 s,s;,.. h.. 10 49,, :. :,
ron, home 81 d,.sn, az ,,h.s ~, eshor,d M
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