The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1857-09-30

PHILADELPHIA, Sept. 26.-No concert of
action among the banks. Pennsylvania Bank
resumed business total suspension Of spo-
ole payments. Bank Of Commerce paying
out notes but not species Girard Bank is
redecming fyes only. The North America
and Mechanics are paying specie aud certi-
flying checks. The Trademarks pays oil
bills md checks. All the banks are certify
ing checks. The following pay five dollars
in specie: Manufacturers and Mechan-
ics,' Southwrka, Commercial, Philadelphia
Farmers and Mechanics. The Bank OF
Northern Liberties and the Western Bank
pay specie for 6ves in cases of necessity only.
The Consolidation Bank, City Bank and Bank
Of pennsylvania township pay no specie at
all. The Southwark Bank pays all bills and
certifes checks.
The following resolution was passed this
morning by our Board Of Brokers +
Resolved, That all settlements for the pur-
chase and sale Of stocks, past and TO come,
may be made in certified checks OF any Of
the city banks current on the day OF settle,
ment up to three O'Clock.
Private dispatches received here announce
the suspension of Reading and Pittsburgh
Banks.
BALTIMORE, Sept. 26.--At meeting OF the
Bank Presidents this morning, it was resolved
to suspend specie payments on all notes.
PHILADELPHIA, Sept. 26.-Businoss in all
! departments is about suspended.
WASHINGTON, Sept. 26.--The Bank Of the
Metropolis has resolved to continue specie
payments in full, feeling themselves secure
against all demands.
The Bank Of Washington has partially sus-
pended, but this 10 only temporary. They
pay specic ON their five dollar notes and ANAL
checks.
The Directors Of the Metropolis and Pa
triotic Banks IRE now in conference, but
it is not yet known what action viii be ia
ken.
BALrINoRx, Sept. 26.--The suspension since
ten O'Clock has been total, with the excep-
ton OF accomm odsting their customers with
few dollars in change. There hss been no
run on the Savings Banks. We have but
three, and the most ignorant know that they
are as safe az the mint.
The merchants seem to be gratifed with
the suspension. Money on the street, which
Yesterday commenced at ~ per cent, has
fallen to-day 10 l.
Tho Baltimore and Ohio Railroad stock
has advanced IS per share. =
| NEW YORK, Sept. 26.-There il NO truth 10
the reports current in Phiiadclphia that tho
New York city Banks are about to suspend
specie payments. There arc at present no
signs OF the adoption Of such measure.
| The steamship Baltic sailed 1t noon, but
carried out no specie. Among her passen-
gers were Beverly Tucker and his family.
Flour has declined, with sales of 5000
bbls. at s., 35td5 so for state $5,70(G6, 90
for Ohio, and S., b5(95, 80 for Southern.
Wheat is unsettled; LOCO bushels Sold
| Corn quiet. Lard firm.
/ Whisky steady at 24AlG25c.
BosToN, Sept. 26.-State street was mucl,
excited during the day, by advices from
Philadelphia, but the banks have made large
additions TO their specie within The past few
days, and remain firm. There arc no signs
Of suspension, and it is confidently believed
that all tho New England banks are able to
stand the pressure.
CiNciSNArI, Sept. 26.--The Q hio Life and
Trust Co. have made an assignment.
i WHgKLiS0, Sept. 26.-At . meeting Of the
/cisizens Of this city held this evening, it was
unanimously resolved that the banks OF the
city be requested 10 immediately suspend
i specie payments, until the business interests
| Of the community would justify resump-
ton. This action was taken in consequence
Of the heavy run that has recently been made
upon the banks by foreign brokers and bank.
ers. The banks are Abundantly able to
NEE. their liabilities, and no loss will be sus
tanned BY note holders or dspositers In con-
sequence Of the suspension.
/ TRv>rox, N. T., Sent oe.-J g. Sterl;rr
the heaviest merchant Of this city, has MS
signed. Assets ample.
1 There is n steady moderate run ION our
banks. The East Bank has paid out about
! eight thousand dollars, aud il still in good
1 condition.
/ RicunoSD, Va, Sept. :S.--The banks orc
paying specie, and It is general belief that
they have determined to 60 on. There is NO
run ~ yet. Both Of the Stanton banks, the
Central Bank, and Bank Of the Valley have
suspended.
Bosros, Sept. 2s.-The Suffolk Bank re-
fasrs to redeem the bills Of New England
country banks.
Messfs. Jewett 4 Co., publishers IN this
city, have suspended. Their liabilities are
/ $4,000.
The failure Of ". D. Lossjoy, elothier, i
announced,