Nebraska advertiser., 1857-10-01

advertising medium in tie western COun-
Nebraska Finances.
Just as We were going to press last
week news reached this city that the
Western Exchange Bank at Omaha
and the FontcneIle Bank at Bcllvue
had suspended. Also that the Platte
Valley Bank at Nebraska city had ex-
hausted her supply Of gold and conse-
quently was on the suspended list
These reports caused a general and
sudden rush on the Nemaha Valley
Bank in this city, The new company
having but recently came in possession
Of this Bank-not yet gotten it fairly
started, were poorly prepared to meet
run. 1ir. MKoY, the President,
had left but two or three days before
for the East, to make preparations for
the fortifcaticn of the Bank against an
expected run. Under all these cir
cumstances Mr.. HALLAM could not
meet the demand, and consequently
was forced to suspend temporarily
Such was the confidence MIR. Hallam
had in the Bank that he paid out, in
order to keep upredemption untilc close
of Bank hours some two thousand dol
lars Of Brownie Hallam's gold.
At the request Of the Cashier DIR.
Mcpherson and tile Editor of the Ad-
vertiscr made a careful examination Of
she Banks condition, and take pleas
IRE in saying we found it creditable
indeed. To cut the matter short, with
cut going more into detail than our
spaceRill admit, We found the resour-
SessrStock Notes, S73, 100000; Dis
counted Papcrdue in 80 and 60 days,
over IS, 1000; Casio on hand over $1,000;
Notes of the Bank in circulation
s33,O00,0 90, which includes the Riddle,
Barkalow and MeKoy issues, Those
who ought t2 know best, yet have ev-
cry confidence in the Nemaha Valley
Bank.
We are pleased to learn too, that
reports that the Platte Valley Bank at
Nebraska City had suspended are ia
true. We learn from a gentleman
from that city, that such was the con-
fdence Of the citizens that all who had
anygold or silver wenti in and deposited
with the Bank.
The Western Exchange Bank we
learn has made an assignment, which
Of course winds it up. And as, we
learn the Fontenelle Bank is owned
and managed by about the same stock
holders, the fate Of one may safely be
considered the fate Of the other.
The Bank Of Nebraska so far as we
are able to learn holds its own.
The Florence Bank we have heard
nothing from during the present run,
Il has been reported suspended several
IT,"
times of late. As to, the truth of the.
reports or its condition VIC are unable
to say q Kord .r,5-r8
1t is not our business, or desire to.
act as panic maker, or to sing a lula
baby when we think astorm approach
esaaWe think the crash in Nebraska
about at an end. A few weeks will
partially at least, restore public conf
dence and matters will jog along again.
Just now times are pinching. We are
confident, however, that we here, do
not feel, or suffer, from the smash up
as do other portions Of the Territory
where everything has been given over
to spectators. Our growth as a town
has been steady and healthy-no
mshro0nnprices Ofproperty--no lots
or other real estate unpaid for which
e~xtrxvagant prices are due. In short.
our conditionis such that we think af-
ter the storm blows over, we Will, rath-
er than otherwise, derive a benefit
~therefrom. 1a ~
19I3i.eT
DEATH OF THE LAST SLAvR-The
Brooklyn New York. Star announces