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 spe.
Gle payments. Bank Of Commerce paying
out notes but not species. Girard Bank is
redecming fves only. The North America
and Mechanics are paying specie and certi-
fying cheeks. The Tradesman's pays oil
bills and checks. All the banks are certify
ing checks. The following pay five dollars
in specie Manufacturers and Mechan-
ics,' Southwrka, Commercial, PhiIadelphia
Farmers and Mechanics. The Bank OF
Northern Liberties and the Western Bank
pay specie for fves 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
certiGes 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 a meeting Of tho
TO suspend specie payments on all notes.
PuILADELpHlA, Sept. 26.-Business in all
departments is about suspended.
WAsHINorok, 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 specie ON their Eve dollar notes and small
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.
BALrlnoRE, Sept. 26.--The suspension since
ten O'Clock has been total, with tho exccp-
ton Of accommo dating their customers with
a few dollars in change. There hss bsen no
run on the Savings Banks. We have but
three, and the most ignorant know that they
are as safe as the mint.
The merchants seem to be grati6od with
the suspension. Money on the street, which
yesterday commenced at ~ per cent, has
fallen to-day TO |.
Tho Baltimore and Ohio Railroad stock
has advanced IS per share.
NEw York, Sept. 6.-There 10 no truth 10
the reports ourren. in Philadelphia that the
New York city Banks are about to suspend
specie payments. There arc ut present no
signs OF the adoption Of such measure.
The steamship Baltic sailed 81 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 IS ,35t95 so for state $5, 70(96 90
for Ohio, and 81, SO lD5, 80 for Southern.
Wheat is unsettled; 1000 bushels so,d.--
Corn quiet. Lard firm.
Whisky steady at 24A(125c.
BosroS, Sept. 26.-State street was much
excited during the day, by sdvices from
Philadelphia, but the banks have made large
additions TO their specie within The past few
days, and remain firm. There arc no sigma
Of suspension, and il 10 confidently believed
that oil tho New England banks are able TO
stand the pressure.
CINCINNATI, Sept. 26.--The Ohio Life and
Trust Co. have made IN assignment.
lNnsELlNa, Sept. &c. AT . meeting OF the
Fcitizens Of this city held this evening, it was
unanimously resolved that tho banks OF the
city be requested to Immediately suspend
specie payments, until ths 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 abundan,ly ablc to
NEE. their liabilities, and no loss will be sus-
tanned by note holders or dspositcrs in con-
sequence Of the suspension.
Ig-s-cy, y, J., SEPT. &c. ]. 8. Sterling,
the heaviest merchant Of this city, has AS
signed. Assets ample.
There 10 steady moderate run ION our
banks. The East Bank has paid out about
eight thousand dollars, and is still in good
condition.
RICHMOND, Va, Sept. cs.--The banks are
paying specie, and il IL general belief that
they have determined to 20 on. There is no
run ~ yet Both Of the Stanton banks, the
Central Bank, and Bank Of the Valley have
suspended.
BosroS, Sept. 28.-Thc Suffolk Bank re-
fusrs 70 redeem the bills Of New England
country banks.
Msssrs. Jswstt 4 Co., publishers in this
city, have suspended. Their liabilities are
$4,000.
The failure Of W. B. Lovsjoy, clothier, i
ansounced..