, 1873-11-26
The Comptroller Of the Currency on
Interest on Deposits and Certi-
ficatfon Of Checks.
Tom Scott and the Texas Pacific
Construction Company.
Henry Cl6ws & Go, About to neanmc''-
Settlement Proposed by Howaa
{. Macy.
NEW YORK.


TIE PROPOSED DANK1No-REFoRMs DEFEATED.
New YonK, Nov. 25.-At 4 meeting Of tho
Clearing House Association today, all tho mon1-
borB being prcsont, It was decided, after much
discussion on resolution offorcd by Mr.. Aitchon
President Of the Park Dans, to rcfer tho matter
Of banking-roforn, to a now Committee OF Nine.
Tho Committee WAS at once named by tue Chair
man. They arc to report at subsequent moot-
ing Of Tho Association, aud, 1t iB hoped, mill find
somo ground on Which lilo different interests
can unto md hasmonze.
THE oNtNSELt NANKauPToY cAsE.
Counael for Brown Drothors l. Co. submitted
to Judge Dlntchford, In tho United States Dis
trict Cnnrt to-day an order relative to the sale,
by Ills cllo1ta, Of 1900 shares Of Lake Shore
atock held by them as security for 9200.0o0 lont
to George bird Gripnoll 4; Co., bankrupts: It
,sas not read iu opon court, but counso1 said ho
had no drawn 1t that 1t would constraiu Brown
Brothers Il Go. to Eoll tho shares rofcrrod to.
The Judge said ho would carefully examine the
all persons concerned.
4 rumor was currout to-day that settlomont
botwcon{Grnnol l. Co. and their creditors, which
would taho tho former out OF bankruptcy, vas
approaching completion. hlr. Williams, member
OF tho tirtn, says that y settlement iH making,
but tut 1t will not DO finished Tor several days.
Tho firm propose to pay their creditors in equal
inutalmonla in two, four, and sx MONTHS and
| all consulted.
A meeting of tho creditors Of the banking
| firm Of Howes Il Macy was held this eyoning at
tho Metropolitan U0teI, in response to circular
sent to all crcttorn, aaying that they Ind failed
to procure a sufficient number Of signaturoB to
| tho agrconont submitted by them to depositors,
to warrant thoua rosuming business, aud des'rou
t,oae to whom they were indebted to confer with
| tham to examine skatemont Of their inleb:ed-
| ness mil aasota, and determine what naeaauyes
would bo beat for tho interests Of all
| concerned. About 100 persons wero present, re-
! presenting s56l,GG6 Of the FIRMS liabilities.
| William @. Darrettappearcd as counsel for Howcs
4; Mnoy, both Of wllotn were present. Howes
stated that thoy had about LOO creditors; TINT
their liabilities wore 81 100000 and their nsaota
| s9oo,oa OF tho latter Of which el34, ais wore
| alould form stock company to tho extent Of
their credit, With capital Of 81 Zoo, ,0oo, oncli
receiving stock certificates representing tho
amount Of their crcaitb on tho house, with &,
per cont Of value represented bY such atock paid
up, The earnings Of tho bank going to make. up
tic Is pcr cent deficiency in stock before dsvi-
| dendB should be paid to stochholdora. There
vaa 1nuuh debata on this plan, and ono OF
two ohsrs which had been proposed, but
tne tue 1s'' most fasor.bly. ru saita Tor $4,000
or $4,000 hnyo boon brought against the firm
It was moved aud carried that the persons bring
ing the suits bo requested to discontinue tholr
| untll uQlnlrO nCLl0H G0ulu W AGEtAcA uIoAs =
rus finally moved thnt 4 committee Of goyon bt
appointed to examine all assots OF the firm
OF ho individual members thereof, and tho diff
ferant plans for settlement which bad been pro.
posed, aud to report ut q meeting to 10 holt
next fridcy evening: Tie resolution wa'
carried, and tho committee appointed. when the
meeting adjourned.
HENRY c1Ewa / co.
Tho Times says ".rle fact is well authenticated
tl1st thu firm OF Henry Clcws Il Co., having Of
fccted satisfactory arrangements with the mos
Of their numerous creditors, contemplate {
full reBu,nption CT business within
fow weols. Tho presentation Of the af
fairs of this houso which was made tt
ita creditors has averted any unfayorable action
THO house hes rcaourcos and opportunities tt
| resuu,e, and to recover ita extensive business
aad, with reasonable extension Of time, to pa.
| fully LOO ce,1l1 OIL tln doliEr.'
DA::K or THE COMMONWEALTH.
The suspended Bsuii OF the Commonwealth
will pnv II dividend to itu depostors Of 80 pc
cent in December.
tl'oth AssociaftH Ffsss}
TIE PROPOSED HASKIAd AEroNats.
Tho Post saJs Of to-tlay's action OF tho Clear
ing-I1e.tso u Tho rou,.lts Of tho meeting wer
Lilo dorcar OF tho old Committee Of Nine, and 0
| the attempt to maks the Cleayins-AoNso n cen
trail power, having Legislative functions. II
nnw left with each ';alk to n1nage iss own bt'Bl
. ness, and to ablle BY the leaulta Of 6uch mail
ngnmclLt"