Orleans independent standard. [volume] (Irasburgh, Vt.) 1856-1871, 1857-10-02


10 per cent. in exchange for Baltimore
funds.
PETERsBURG, VA, Sept. %.
There is much excitement here touch
ing the Bank suspensions at the North,
and some uneasiness among our small
dealers, but no intimation Of suspension.
Our Banks paid all demands up to 1.30.
RICHMOND, Sept. %.
Our Banks generally are paying spe-
Gle, and it is understood they have de-
termined to go on. There has been no
run upon them as yet.
Both the Banks in Staunton have sus-
pended.
The Virginia Banks have all resolved
to pay specie.
Abbott, Dodge & Co., Southern
-four and produce house, suspended in
the morning. Other failures to immense
amounts were rumored, but were without
foundation.
The Banks closed firm. The demand
on them has been moderate, and they
have determined not to suspend. They
refuse to take on deposit the notes of all
the suspended Virginia Banks.
The Monticello Bank of Charlottesville
suspended to-day.
1t is reported that all the Banks in the
State, west Of Lynchburg, have suspend
ed.
NORFOLK, Sept. %.
Business matters here are firm thus
far.
There have been no suspensions. APP
prehensions are felt of a run tomorrow,
by foreign brokers, but the Banks feel
secure.
WILMINGTON, n. C., Sept. %.
There is no excitement here. Our
banks are perfectly sound, and continue
on as usual but their future action will
be governed by that of our neighbors.
ST. LOUIS, Sept. %.
Messrs. barley & Barksdale and
Messrs. J. j. Anderson & Co. suspended
payment this morning. There is much
excitement in this city and State in con-
sequence of the bank suspensions in
Philadelphia and Baltimore. The houses
announced above as suspended were
heavy bankers. Messrs. Anderson & Co.
are also owners of the Bank of st. Louis
and a concern recently established under
the new Banking law. They are under
stood also to have been the principal
owners of the Rhode Island Central
Bank, which failed some time since
These failures have produced immense
futtering, as they were totally uneX-
pected.
LOUISVILLE, Sept. %.
Dispatches have just reached this city
announcing that the Bank of Nashville
has suspended specie payments, and made
an assignment. Brokers now refuse al
issues of Tennessee banks. There Is
great excitement in financial circles il
consequence of recent developments, anC
currency market in the State is in ute
confusion. Notes of the old State Bank
Missouri, command premium here o
: one per cent.
PROVIDENCE, Sept. %.
The banks of Providence have resol
we'd to suspend specie payment. AT tn
meeting to-day thirty-one banks voted t
suspend, lime voting against it. Tn
liabilities Of the banks to the public ar
not over % per cent. on their capitals.
An injunction was issued to-day upol
the Hopkinton Bank, and Nathan f
Dixon was appointed Receiver. Their
can be no loss to the holders of the bills
WASHINGTON, Sept. %.
The Bank of the Metropolis suspend
ed this morning. It paid out $4,000
on Saturday last.
The Bank of Washington, and tn
. Patriotic, which paid small sums on Sal
. urday, now altogether suspend speci
payments.
The Savings Bank pays either in Cit
Bank or Virginia money, and demand
- six days notice from depositors.
Virginia money is at a discount of fy
- per cent, and is tending still furtht
:. downward.
% Business is nearly paralyzed.
ALBANY, Sept. 90.
T. The run on our Savings Banks h
subsidized, and the gold drawn out in Il
r panic of yesterday is being returned t
day.
New York, Sept. %.
The Brokers are crying down Ne
IL