The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-08-28
THE FINANCIAL EXCITEMENT IN CINCIN-
NATL

THE FINANCIAL EXCITEMENT IN CINCIN-
NATL
From the Cincinnati Gazette August %
Tie Excitement On Third sree' Yesterday was nor 50
said, matters were comparatively qaieA cro1 was
collected es'y 10 toe day IN be vicinity Of the CusI CON
pany boidps, out ,he pahs see engaged IN securing
the graf lsauon Of Idle curiosity fns deBosiors
The bank exhibited more cooaess taan reasonable
10 expect under he circumstances rhsy expressed snom
selves generally Nth The action Of tue directors
Monday night IN deciding TO suspend meni all
reotly nfor med a; 70 ne position Of affairs Tas
quesionsbly best pocy that coul haze besn at0t
ed for, had the bsnk epenet yesterday, u, available
would bsve been exhausted at early hour and
sua have been Compelled 30 elose s doors ae are
uoon, In which a fee would have received their
money, While the many voui have been Sofse Off .hxn
they arc now As matters stand 81 present. al the credi
10 are on equa fooipg and ~neher thil may prove
be good footing or had one there can De M 'mplains
on the score OF favoritism
There other banking houses, On tns con.
trsy deposos refra,ped from checking in csses,
whore, under ordinary circumstances, they so,ld have
u,ed mopsy In the regular course Of business Thus moi
csied q degree Of Confidence, which under ihs
ne h 10 satisfactory 10 refer TO- There appeared
doubt a. tn the fact o. tie Trust Comoanys rosbes
being ,rsosable 10 bad msnas ement 10 New York and
tha u for unfortcI ate stocU 10 that city, the
ia'.hpEon wcOIo naVr msh,Nhea aslmp1rsS ~ hereto
fore envisbie credit This theory favored the credit Of
cur privse banking nouses, bone az which have New
York sgepcies suspeclet Of having operated
stocks, or o having ssseu anywhere based upon other
thar legitimate ousipe~s pssr.
close OF banking ,here were ,ndics-
Truu Company -ouIi be able 1, resume, aud that lie
depcsors woad In spy event be paid Ia falL rois
pecston was bsed chiefly upon rumors Of favorable
sdvices from New York while Il VAS 20 DC attributed in
pat 10 the Absence OF worse news thsn made
pubic !eserdAy morning. Ao>ot O'Clock howsvcf,a
dark cloud settled upon the oountenAnoes Of unfortunate
depoors the rlesT sph wires conveyed despatch Alter
despsrh reporting great excite ueri Ia Wall street, and
house, In ADDITION 10 this u stated the Trust
Coupsuys hAonies esumsssd sy zoe rbun> Al from
c-co or had attached hank noun,
Of tso ninou dol~rs pa ne stock wa surpassed 70 os
hslk oeius abb 10 ressme Toese al ounce ienis diSs
scc all fsvo able hopes previously eaertaDed aud at
- eose Of eo. ue.s hooi. -s general, believed io.i
Ia IS uTe would prove bad AID TIA, the worst fears
~,th FdSsetcs 10 The q alter are % be reshzsd-
In tie Apseuce Of fa or reisbe exhibit AM with pr
Tiie advises from vsIiSiorued pArties 10 Nse yo,k, be
fore -, forced 10 0es'eve hst 1e ground up,u
Vboh yentured 80 vesy slender hose, yeor sy
uNning, has becn removed, and that nOin M n)~
rsnA.n. bn 10 ressrd the res AZ IS disA.rous Ia
81 rtsptCs, nvoivirg tock 40 ders In tot. oes and
renderinK On ,efAia INC ~ eyodSrs IL Toe
ctinsse ~ the TItias ANYTHING ike oorrect he esu
= the busines. Of The Nos YOfs utcs al every
mao, whether interested "a nc Affairs & the Dans Or not
he gueshab Ftl uo- he sssea hos nave Ihtse EXTRA
nnfy Nbtrt BEEN Cfeaed sod -oere tue s,ssi-S
Jse are popD b, Tcvcr, hsl are useless 10 ms absence
o. leTrGi o. connected exbuii ~ con1ff j. ~ e5ough
or We iFesnt 20 kneE ths' cur tuiicons WIN regard 10
ogersucls IN Me- GcrS a-e such tasl Is al mort tmpcs
Tbe 4 svoii the cla1usiga maj trArssc.ons " OK
Who'doA-g ohartc'et ~ere ccniuote1 Without ne snoE
lecFs Of tie CnrjugA Directory anu a. void appssr that
ey'a New YORK ~, 1bodct' acre aoIApi OF TOE eons
uou % be bark We roiered ywserdsy % the fact tha
20 Thaf,dsy the stock sold In Now York al s4 We
oos obsorve 'hst on saturday one huodrea shares sod
seher io"T non BIS, ~ s5 II al, oa tn tnx ~ learn
ina Ire socs n0 been purchaed 10 tDs narxei Etaia
ns Ut fec dsya oy oiiee'ofs II pa These fsna saor
p'c-on is place. isnorsns n .hs fecEle.sSess o. Inc
New Yors officers
In mn 60 ins uncu this oscsrreaos yesterday Sc re-
sed 81 the diilaaly Lacesoie 70 stocs oisf
Tbs Aci tboud os DO miud by ait, sot especially by
th Sc b hitk tnsJ Discover Ia mo as.arols occur
rctcea tbsl are 1-ssog before US, iD4n-i NJ ~
genera nmsTCal feVuision The only revusiJD tes
sse rsoe must he oonued W he stock market me
- Al. A. 49,
aha 10 more sud be, sr, ~ ~ impossible Nm no i've
sd uovc 10 Wal sfsei aud no are acquainted WIN the
sAm'tng oPersdauI OF HO1s dealers, may en,sr sis
goomy noaous EpoO ib pot, n ID 80 sho nave oo<ed
poo be pfodac I've nolds u the great Wen and have
Aset ihf vea5e to e.tmsie zoe vs5e on ioe lnmsnse
tsos tn &C noT moviog, aud the t groser 90 GRIP
t1ai ~ fspdy mau'ins i@rg1 Al he idea Wall sFeet
rotes ~ 90. et u his IL occapsn,s have gsnblei
pIii IN 10 dy .no~ nee they sad, IA toet, ek
cFeucni hey mssire ibst tue o. operations
s ne opr. - ne commercial s,em q tas gre.,
ny fbey mistaken Toe IVES Ia N great
iiscurrccloo from the Ssr snrs Etahsnsc aud
cens COCO Ntu ws ATT the connection
forever BIT Tor manner 1 -hcn geopla have
upon ~ an 40 auh'a ssen, 70 hello Is foot up
ht osses stock ope AsoDs the panc M prev,usio
the petrouons rorIi DO, 10 fc on roucei ~t,h UsSm
Ntsi q Tie mountains W q toe suspension OF the rssa
Company or M pcy make, ys cas- Il -cui Be so
s,i but for TIC iosug W ola million ands quarter %
bi, cperH our bu.iness have mai mel, DER ges
totnewhsi disturbed, but there need fear. sIt)
tber s5ihy % survive 70 severe NOV. Even N the 10
yes,uent shoud Drove toai lor, %, o7us 70 toe
clear pgotV reazed in too three sa'ns brscne. o,
predicting Commercial revuision' sDd care sil
be tarta imagine 70 proseo tas neraDue nters e
Lssnst any further una lihorizsd drsfs Of his sOrt
rHigp srpgsr YssTsBplY--rHs BANK Exo1rssssr
rnlrd sire a. yesterday az more ibaD ever lbs rec
~ tte Qlesn Ny All other VI gougbsrs we're ne fe'et
Cor hsi The,e the Duclgas sud focus Of lie sBi ~
lrsrupu there TIE great rrri Cmpisy Back which
h.d suserted ami there TIE people zen 10 crbsit
cox poo 10 carved sDd cortig sails, az. rs broad ca
'-.uc', At -sicn srin poiicemen be srfIos siooi a.
~, cy srs- through morn ns papers, ere the