The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-09-01

Msssuri ana ksnsas are Gro sdeo with adverdp61e8 4
land brot err anxious 10 se for their clients Estry
mer merchant and lawyer, every doctor and half
journey men have been dealing in land warrants Aud
now meet u the isnos distbuted, and their
are looking round to sell Ia they will needed
and ri'e but the great eooy OF land speoulsors must
The centre OF this mama for speculation aat
The city Of New Yo,k, and hen 20 tits srpris
MAT the nrst shock e rss'ton begins there We appre
neOo no disasters nom 10 toe Ce1ira Wet the storms
which rage along the Atncuc, burst beyond the s
cissppi, are nue felt here Tor In fac, the mos, soh
found In the valley Of the oaio Our golden harvess
oar rich mines, our Intelligent mso, our hardy aoores'
are beyond the Influence of the tos exchange and win.
oOs Inc atmosphere or wild speculation
THE trust COMPANY BANK PANIC.
From the o. clpnal Cono ercAi, AugEst Is
me suepens,n OF the nu', Com pAn, BANK Was aS.,n
Che Absasbrg OF local ,ngderxton yesterday. No
other ,opc Of fcen importance TO attract ob
se-vahon Kno of Interested and cnri,as c'iz Ms and
people nom prtghbo,rg and cities and tho
dietyicts assembled rhri street. In front OF the
bank long before bank and lowered In tha viciu ~
until after banle closed ihe doors, indicating he
suspension active for he day The temper Of
the o. amt unity was Apparently moderate. but vers
casual observer could discover he existence OF intense
Noou, mingled with considerable cegrse OF exsspers
PAPR EXCHANGE FOR GOLD
Az the morning wure the thong ncs eased by ths
accestion OF hborers, and other pso- people who had
boarded away bue store OF osnk against cay Of
msfortupc, out who, incoming oiscsur, ged by dytoe
rumore Of suspet sions in eli ,Arts OF the couatrg
came 'ranplDg In troops, men AMI women Of al
sop goes and c,ors seeking exchange or paper for
iDtes,ruci Die coin They Gro de: tDe brokers' Office.
rushed upon the oauters aod besough speedy
oesdon OF money changers to protect them at any price
Some had Ter doilAre, me hs i've hpntr.d but II
shkea The tive per cent aha e, w6ion the current
rate, and some ~err eso enough to GEL ria Of their small
amoons for still more ruthless dig ,hto their little ell
30 FAR indeed were r da purrug shat all Clucheo
al the ruertDs gold With misery avdy, though their
last hope Of salvation depended immediate In
their tfors, and when the oovs.ed prize secured
they begged vi joyout venemencs that partook OF
Che nature OF freDz
rsCDssrs At rBx CITIZENS BANK.
The mos interesting INCIDENTS o. tue day were witness
cd In the Ctzsns' Sank Tnis famous Institution has al
ways been popular WIN the smaller class OF depostors
owing to the confidence Inspired 5y the generosity of the
manager, Mr. smead, and 70 the fac. that hey have
eebefaly received interest tn tr email deposits
than is paid e,se here. The rumor that the Cit.
sas Bank bad enormous deposits in the Trust
compepy which the derc.itoss could moi wthie.E an
which inevitably orush the proprie,ors had winged
Its tEes 70 all o1,nS OF the compass. Sturdy
oop, 10 Ine door pae .nd excited To rive hir,y DAYS
notice. OF their intention Withdraw their eposts aud
evidently fearful OF co spse before the rsiioa n the
dreaded pr ba',ovary period fnghened needle women
eroos and with fearful eyee prevented their humb,
6ues wtb trembling nosers and With su'.erug cpee,a
my y or child, ;" SAID Nv Soiead afes ionstsy, to .
poor woman who seemad Himos, ninKng with terror,
s'whsi will Oh hsvef''
"sy po,i,e-- thirty day. u ,aoe ror-my-money
"Bat. my CHILD 'ej,inea the banker, sonssely,
.wouidn's you prefer the moaey noSf | you'd rather
have Year CD, OK :
"kow, now Dow," s5s almost shriekea, "can have 1t
now suani I "a, thsty daysS'
"0h, my chile" again replied the banker, and turn
nE to the teller rim to the her
$3.50; theu asO-tue Ak in he said ave give you
gold you prefer II, at too per cent discount /"
''on, gold gold, gold give gold" quota she, vche
mepty, ''tha' vcnr ofeaS, 10 give me gold !"
She wa aid 10 gold aud fairly ancsi out OF the bank
demes Of IRE n'm, ba, they, ike the frenshnsn
didnr be money II they could 60 u, put have
II II hey oouapf ALI toe fende depositors hat wouid
receive her money "ere paid oSta fan
Asoui moot the fe erisn sxcemeo which had prevailed
coaonay o,ss UP ,pn.-sy under she ina ssnoo Of oo
casop 81 tsg spn oespscns from the East sing
The depression a sundry bsnss OF issue Eat and Vest
The f'c,, hovev,r becomins known that the rrus,
Company freel, excnAng mortgages for claims
ssans' them better fcenOg Was has inspired aud the
proba nlty OF their ulumse resumption csuvsssei
A.two O'Clock Is sas announced thai the Cuzsns 5srt
bad obtained securit, for their $4,000 This
WA then ,hro feverisn conddon by learning
attachments hsc been issued against ssets o. the Trust
Oonpspy In Cnvinron. soon after snothsr revoluu
by the that the Western ln.u
rance Company had gotten NOR cages Tor $4,000 |, had
fdepoe vas vbbly rect red, upon becoming generally
nDown THAI about $500 oso had been secured - above
described
One OF the mou strour ano Apparently, just causes OF
complaint the street,, char sc. every shere, Agsuu
the Truss Company Bank, the faci thai had directly
thrown much Kama shs monsy into circulation Every
body secmed 10 have less Of IT, and In majority
of insar Dee we uaned from second and third h,nss
through nt hands back TO the pa eers OF the bank
6hould the com nny ever restore ine TO eovency they
against then IN bis oeh. 10 sSncla,,oe. w remark
thai ,be Pablo has oustaDuy fea'ed assign ~ent Bat
% This stef hS MOI been taken, popular alarm Ia, In Q
considerabk MEASURE. Alsyed
rHH TRusr COMPANY BATI-ruE BUILDING AT.
TAcHkp AND I. POSSESSION OF rHs sHsRIrF.
lFrem the 0nciu1su Tlmes August IS
Ground on which IL s,spa.~sss bean attached bs IN,
Sheriff. who nu pnssessicn
The a,tscnmeat upon affidavit oy son ins~ Of
Alfred Kelly, (tbe fstaw q. he IA called Of the state
Banh reprcesnung the otAm OF the Merchants Branch
Bank q Cleveland and oner branches We e.u ne, FOR
alb 600 The properly Ia vsiuea NJ Aooat $3.50 ooo
The relative Of M Kelly must have iooe some rather
"hard svcartrs," II suppo-ed, to got out the attach
mcpt ~ Il Ia recossAy, before attachment Al be
usued, 10 make ssb 70 very tiesiamaB means OF
procsdure
he f,debtedneg1 Of the r-us, Oomnauy 70 the sAe
Bank Of ONO u mated al 800 oO0 b. thereso,ul
he opinion beid BY msnJ is tn.i The bsak bere, n
do DO. resume Il an 'sry dsy--sni h some shink-wI
r~S al ia indes ednsss eveI uay, without oss 70 the
creditors
TIE esas, se lr.n, hs, syeaty reduced sbou,
abe back luclnee 20 10 ali 10 ner poser " elovs
sheu eeposros sod psrcns generally, ard seem 10 be
safts the most dircs course 20 ,usa al cnd
Our opin IL hat is t. be Advantage o. all parte.
crcvned 70 oerut toe bank IT, settie It, Affairs without
hodrAnce or molsss on as the Gentlemen unfsr whose
contro have, N The fullest degree, the rr4acal
seem sBd oona eDce VI toe ps,io
CLOSING on tbs DooE, OF THE K1sAvnt EAsK.
f.ssrsi were ,e-ived Ills norm ~ tns The ssus Of
Ter, lean from ,ns city. ans tbs csshisr
6ostsns CO.. epsugn on nAni 70 redeem tne notes,
conpetel 70 osse the do,c
ATTACHMENTS AGAINST rnE BUf ping AND YuRr1
TChk OF rBs o 30 fYs AND TRUST COMPANY.
Frum the GDcbssl CON nerctsl, Angus ~
rbrec Attachments ere yesterday psoaf 10 the ha5ds
81 TOT Soc VI, rho orsh -h eed 70 take
al the building the grou hitch stands and the
furtnt re Of inc b1t ne Ire, sndsvu -s sensB o
che hcrchart @pt " Cleveland, woose elaim sgsnst
sbe com p~ny snounU W he sum or tlb7 $50 81
Aeo,hes ~ Ctails ]. Wood aud william ]. Powers
vbo claim an ndeo edpes the part Of the company Of
$500
ne third attachment g.uea ny the Assne OF the
No-~slk Bank for sHsesi The pls,n ITS tot. case
also schec progety In Nes 5rk belonging
che con psDy 70 the ZANE claim
The omlAny attorney made motion 10 discharge the
aIsoh m.ps, The sea'ins OF vhcn IL postponed until 10
o'tlocH Moody moninx 81 ehicb tine the viii be
argued . before Judges Ghosou ssorer.
Oty ssue vii - taken up-tns OF the Ga n The
her hane Bank OF Cleveland the decision upon which
rh Eovern tn balance Of the cses, - sell N others
wticb MAJ
TVS ONO LIya AND TRUST COMPANY.
From tne Gociansi CDmmerrisl, Aug. ~
m atnfn N he nj