The Davenport daily gazette. [volume] (Davenport, Iowa) 1856-1869, 1857-10-15

NEW YonK, Oet. Is
Wall street at z O'Clock MAS crowded with
M anxious mass Of people The stops of all
the Banks were siso' blocked up by people
forcing their ,'y into the Banks Al the
American Exchange, DAVID Leasit addressed
the crowd, assuring them that all the Ranks
would pay Ia the last dollar lie also an.
nounced that mn arrangement had be- "a lnade
with several Of the strongest Banks 10 get
through without suspension. II In believed
however. Ii. the street, that tho Suspension will
be general. II IL understood, that some Of
our heaviest houses have Withdrawn their gold
from the Banks aud replaced Il as special de.
Iosits. There were rumors during the morn
ing affecting nearly all the Banks In the city,
but the list gives oil that had certainly sus-
pended NJ ~ q v. NJ. Tho others II II he
lieved continued % meet their liabilities to the
close Of business hours
LArfsT--vorR MORE sAsgs susvExbsp.
The runs upon the Mechanics and Nor
chants Bank Of America, Manhattan and
American Exchange banks w-r. severe. and
continued up 10 the sloss of business. The
Broadway Bank held out I'LL nearly 3 O'Clock
paying Cut $4,000 Ia specie, when IL gave
out The Leather Manufacturers Bank sub
sequeniiy closed lis doors. The Seventh Ward
aud Fulton Banks held out nnder tremen.
dous run.
The Peoples Bank closed at clock al
ter paying out 900 specie during the day
The Bank OF the State Of New York paid out
lis Last dollar, aud certified all checks present
ed, and then yielded. The Amer Ex
change Bank paid all demands but several 9th
ers shut out their customers nj 3 O'Clock
Tho Bank VI North America was protested
this Y. NJ The Corn Exchange Bank retns-
A -
The Oriental, Mechanics aud Traders, Brew-
cry Savings. Shoe aud Leather, Continental,
American Exchange aud Metropolitan Banks
paid their demands np TO o'clock. the usual
hour for closing.
The whole number suspended to-day, these
that were included with the returns Of yes
ter,iay, IL sixteen.
A bank meeting Was held this r NJ, Ut
which Il - Understood a proposition for gs,n.
eral suspension was discussed, as Hlso the pro
priesy OF urging the Governor ~ convsp ; an
extra session OF the Legislature
Al the second boarl Of the Stock q, chang.
stocks oil took rise under the belief th.t III.
banks will suspend specie pa yincntsu v ,.morrow
Missouri skies, % i-2, Chicago s,sS Roet /.
land, %, Reading, 80 New Yos K c@ntral
b5 Panama. 81
There was NO run of an, acc ount on th,
savings Banks. excepting the = roadway an,
the Biseksr street. They are ~ the .tro.pev
In the city and have on hand arge quantisis
of specie. The forins.. at tho opening ..-da,
had elW 0O IN Available me- ns.
Ine ,ouo~io are Ia snb~u .nces The 0fic
~ rssnut" N passed at th~ meeting Of tn
nank residents this evening That th
oens Of New York suspend specie paymsn
y Tar - the paying II over their counters !
concssned, hut regular ~a changes Of one m
others bills q the Clearing Houss that
COMMITTEES l's appointed " confer with u
0ovsrnor of the Btate In references u callin
an extra ssssioh sf the L legislature " tsgaiis
ehe suspsneion; that sue b Committee leave "a
Aibany at u o'eleck 10 norrow.