The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1857-10-02
RANK Sr1spENsInNS

We give he;nw the statements, az they
have reached us, in relation To the panic ia
commercial circles and the Bank suspension,
at the East:
philadelphia, Sept. 26-The financial ex
citemrnt continues. The Bank of Prnnsyl
vania pays no specie-the Mechanics bans
redreuis its ten dollar notes.-the Girard il,
S5's, bu, refuses payment for checks. Ths
maturity Of the Banks pay checks. The sv
ing Institutions require Two weeks notice be-
fore paying checks.
Baltimore, Sept ga MEETING Of the
Presidents Of all the Banks tonk place Til,
morning. and they resolved upon total sus
p nsion "f specie payments.
Philadelphia, Sept. 26.-The news Of til,
Suspension IF banks in Baltimore has caused
additional excitement. The Tradesnan''
Bank M we'll as the North American pay ev,.
ryihing. The following banks paw every.
thing. The following banks paw their fiv.
dollar notrs: The Commercial, Philadclp hia
Manufacturers and Mechanics, and Farmer.
and Northumberland the follow Ing pay thrii
SlO's-the Northern Liberties aud Western
and SOS IN cases Of NECESSITY. The Perm
Township and consolidation Banks have sns
pended. All pay certified checks, except the
tiirnrd. Some bihks refuse 10 receive de-
posiis.
The Washington Bank. Washington, pays
only So mud small rhprks
Ol1rr Banks ARE hold nc conferences.
PHILADELPHIA, Sept. 25.-lhe Bank 81
Prnnsyivania h ~ suspended specie payments.
in cons, qurnrr If heavy run.
Their is general alarm ms to the suivrncy
of The h,nks.
The Girard Bank has temporarily refused
pay drr"'sIi"rs che cks.
I'usIn ~ is nearly suspended in consr-
qnrnrr "f the punic.
Philadel, .hia, Sept. 25:-A conference "i
The Pr. sdrni> of the banks at this city wa
held to-day, and they resolved an u Temporary
snsIrn>l"n uf sIrrir payments un the checks
OF drpsii"rs, as we'll as an all bank biIis
over the denomination If ten dollars. I his
arrangement goes into fleet iouinrr"w. The
Presidents desire the public I" disrrrdil al
exaggerated rp"rts IN rrgrrd 10 mn, thing
like Total IailuI. in PhIlnd, lplin.
The Brokers' are highly excited.
Washington, Sept. % Several casrs Of
yrli"w irv-r have "rcurr At Key West.
81. Johns, ~ g.. Sept. 2s-1'he screw
steamer Jurn arrived with london DATES pi
the 18th. i:ons"ls GOT: Money more strir-
gent; Wheat active aud firm; Corn active and
steady: Flour bu"y.nr.
Philadelphia, Sept. 2s.-rhere is still n"
CONCERT al action among the Banks. The,
paid specie on five dol.r bills till ! ! "'cl"ck.
WIZ II thu North American Bank Suspended.
The suspension IN now exp ctrd 10 bpcnmr
universal. The philadelphia Bank" has s,is
i,rnG-d.
Alexandria, Va. Sept. 2s.-The Banks arr
paving SPEC "n small notes only.
Washington. Sept. 2S.-l'he Metropolis
Bank h .. suspended. The "Washingt"n" aud
"patri"iic" Banks nrr sill paying small bills.
Savannah, Sept 2s.--1he Bnuks demand
the six days notice from d-positors. Virsini
Til 8 five per cent. Discount.
Nro York, Sept. 2s.-I'here is panic in
the stock market.
PHILADELPHIA, Sept. 2s.-Businrss is de
r ns.d by the vacilIuiing r"urs,'"f tn" Bank.
81. Louis, Sept. 2s.-I. J. Anderson l.
Co. and Darby g. Co., and Barksdale, Bank.
ers, have suspended.
Npp York, Sept. 2S There is no truth in
the reports of the tai;urp Of t'la,k, Dodge g.
Co. and Phelphs, Dodge g. Go. The Mrtr.
poiitan Republic, Merchants, Mechanics.
American Exchange, Union and Phoenix tanks
have is>u' d circulars, stating thrir in'en,i.n
Ia maintain u sIecir b isis. The N"r:o l. and
Richmond Banks are firm. The Stnuni"u
Bank aud Bank of the Valley Of Virginia
have suspended.
New York, Sept. % Money very slrn.
gent. The Banks are firm. Some very heavy
failures nre rep0rt,'d.
Albany Sept. 2s.-Therc has been n run
upon the Swing bank by small drpo-i'"rs.
Boston, sept. 20 The Suffolk bank re-.
fuses H. redeem the bills of New Engl nd
country banks.
New York, Sept. 2s.-Cotton dull, A"nr 5
10 8 IS, wheat drcInrd s I" 10 r.u;s, c..ru
..ffrrrd at 10, mess park drclinrd lOr. Chirn-
90 beef declined 25r, bacon IL tor hams, | !
for shoulders, wnishey "a, coli. quiet, sugar
heavy.
Pinsburg, Sept. 2s.-Every bank "Ac.p'
the pttsbnrg tank had suspended. The "ifi
GERS Of the bank adopted n resolution ih,t
Temporary Suspension of coin was n.~e-s ny
10 protect business mea. The excitement has
nearly suhsid d.
Cincinnati. Sept. Business is pnraliz"d
Exchange "n the East of snIi,s of $4,000, ivr
per cent. n. gotianle p per unsaleahlr. Flour
unsettled, wheat nominal.
J. d. Il"lnrs, manufacturers, have assign
I'd. Oh,r failures are reported, but names
not disrI"s' d.
Boston, Sept. 26.-'rh" hanks have increas
81 th-ir specie innr hundred thusand dollars
during tie past week. and ar. stronger thai
they were u fortnight ago. n" panic. ". Is.
lnvrlnv, cl"ihi"r, has tailed. Tue hills "f III,
IlnpkinsiOn bank We're refused by the Suifrlh
bank.
Trenton, ~ J, s pit. Is. II mes y. S,ei-
linz h ~ tailed. ll'S assists arr AZ pie.
a he w run VS. N nde IN our lrnks.-
ia ir l,bi.itirs were met. All are in g",id
condition..
WHAT A NEWSPAPER OUGHT To I|e.-
The .ston Ledger, in noticinga w"dy war
fare am"rgsi its Contemporaries in rrgaid l."
what is termed II "ieadins' newspaper, say =
worry truly: