Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1857-10-03

resumption at nm early day. There has been |
q considerable amount Of deposits In. the Ia |
triotic and Washington Banks since their
suspension.
SUSPENSION or THE rrrrsBuRo BANKS.
PirrsBuRG, Sept 26.-There Is no concert
Of action amdkgst the banks Of this city in
regard to their future policy. All continue
to pay coin on small demands. Ne Mer.
chants and Manufacturers Exchange, and
Citizens Banks are paying small demands
made by hborers, operators, and others, but
refusing the demands Of banks and brokers.
The hank Of Pittsburg has resolved TO pay
in full.
YvRTHER SUSPENSION OF COUNTRY BANKS.
HARRIsBURa, Sept. 26.-The banks Of this
place, Lancaster, York end Reading have oil
suspended specie payments.
THE TRENTON BANKS.
TRExroS, Sept. 26.-There has been stea-
dy. moderate run upon all our banks, each
having paid out about $4,000 in specie. They
are in good condition, and will probably wsa-
ther the storm.
ruE vIRGiSIA BANKS.
RICHMOND, VA, Sept 26.-No bank sus-
pensions have occurred here yet There has
news Of the bank crises at the North.
AFFAIRS AT CINCINNATI.
CIxciSSATI Sept. 26.--The Ohio Life and
Trust Go. has made an assignment. Rates
Of exchange are nSmipal. Sight drafts on
New York cannot be bought for less than 5
per cent. premium. No failures, have occur
red, and our-merchants stand firm.
| PrrrsBrnaH, Sept. 29.-The Bank excite
mont in this city is subsiding. The Mechan.
ics' Bank suspended payment this morning.
Business was completely paralyzed during the
day.
Pr1sprRoIr, Sept. Evening-An the
Banks Of this city. excepting the Pittsburgh
Bank have suspended. At a meeting Of the
executive officers OF the Banks to-day. rcsolu-
tions were adopted, expressing the opinion
that the suspension oil the payment of cOin is
necessary to protect the business men, 10
enabling the Banks to continue to discount
local paper and exchange and peremptorily
irstructng the Cashiers of the respective
Banks, to resume payment OF specie, when
similar action has been adopted by the Eas-
rl tern Banks. The excitement produced by
the panic, has nearly subsdsd.
WASHINGTON. Sept. 2S-A notice posted
on the Bank Of the Metropolis says that the
panic created by the suspension Of other
banks having caused = much larger demand
for specie than was anticipated. that institu.
tion is under the painful necessity of suspend.
ing specie payments for the present. Thr
trustees remark that they will make every
exertion to resume. The bunk paid out SG5,.
900 on Saturday.
The Bank Of Washington and the Patriotic
Bank which paid out small sums on Saturday
have now altogether suspended.
The Savings Banks pay either in city banks
or Virginia money, and demand the six days
notice from depOsitors. Virginia money ia
alta discount Of per cent, and the tendency
is. still downward. Business is nearly para
USED and uncurrent money is upsalable.
BosroS, Sept. 2s-The Suffolk Bank re-
fused to redeem the bills of the country New
England Banks for individuals, for the alleged
reason that the amount presented was greater
than the clerks could attend to. The depos
its Of country money sent from other Bank.
are promptly redeemed. The country Bank,
generally are we'll protected, and will retair
the pablo confidence.
CIScINSArI. Sept. 2S.-The excitement il
consequence Of the unfavoratls advices from
the East has parslyzsd business in thig city
New York exchange is quoted ut par, bu,
only small amounts Will lie purchased ut thi,
rate. ,.
The paper Of an Ion house and q shoe mt
leather house has been protested.
). b. Holmes, manufacturer, has assigned
NASHVILLE Sept ls.-Ths Bank OF Sush
! vile suspended this morning. At a meeting
Of merchants which was held to-day, it; wa!
} recommended to the Directors OF the Union
Planters, and State Banks to suspend also
but they refused.
Several free" Banks were thrown out to
J day. Confidence is felt that the Bank o
Nashville will pay, and have large surplus
Providence, II. L., Sept. 2S.-The bank
OF this city have resolved to suspend speci,
payments. Their liabilities TO the public ar,
not over one quarter Of their capital.
Providence, Sept. 2S.-An injunction OF
tke liopkinton Bank has been obtained
There can be no loss 10 bill holders.
.-.:.---------