The New York herald., 1873-09-25
Condition OF the Banks.

Condition OF the Banks.
The feeling among the banks yesterday was al.
most unchanged from that OF the day before. All
the officers the various banking Institutions say
that as lar as they are concerned there is no
trouble TO be apprehended. With the sole excep-
ti0n of not having enough greerbacks to carry on
business as in ordinary times every prospect was
excellent The loan certificate plan had worked
admirably and had cleared up all trouble.
BANK OF NORTH AMERICA.
The President OF this bank stated that though
the remaining $8O,OOO OF the overdraft OF A. d.
Williams had not been paid, all apprehension that IL
would not be paid had passed. 1t was necessary to
look over the books before any nnal action was
taken. and then the final payment would be MADE.
"Mr. Williams" said the President. "was perfectly
good for all the money which had been Overdrawn.
1t was only the critical position OF all financial
institutions few days since that had made lmine-
date action to recover necessary. Money was
pouring IN from the country"
BANK OF THE COMMONWEALTH
There were further developments az tnlS
bank yesterday. Everybody was working ut get
ting ready the statement which Is not, however,
very busy, but had no new facts to make public
NATIONAL TRUST COMPANY.
Affairs here remain about the same as previously
reported The secretary OF the institution, Mr..
Merrill, said yesterday TO a HERALD reporter that,
while the company hoped ultimately TO re.
sumo the feeling OF general Aeon confidence when n das aa
trust in consequence OF the suspension of two more
banking firms. He therefore thought the resump-
ton OF business would be somewhat DELAYED
Under the present circumstances, however, IL Is
just well to keep closed, the officers think, Tor
the very safety OF the depOstors
UNION TRUST COMPANY
The same scene OF inactivity prevailed outside
the doors the Union Trust Company yesterday
Inside the committee was still at the examination
OF the securities, which have not been all got
through with yet. The oficers still say that they
know nothing Ol the whereabouts OF Carleton, the
alleged deiaulter. Whether ne Is In the city or
has ned to parts unknown seems to be equally past
the finding OF those interested in him. Detective
Sampson has been put upon his track and is doing
all he can to discover his whereabouts Tnus lar
any success. Parties constantly offer them
selves who for certain sums OF money
oner to tell where Carleton is, but
in the statements OF these persons 1t has been
found that the information was false. 1t Is not
supposed that Carleton has lett the country, and
those who pretend to be best acquainted with him
say that he is simply hiding through fear but that
in case he were guaranteed immunity from pun
lshment he would return. The receiver states
that his return would greatly facilitate the work
OF the examining committee, and that at present
his CO operation would be Invaluable. The state
ment has been made, but the full details cannot
ye: be obtained. 1t is, however, said that the de-
falcatiOn amounts to $40O, 0O0 Alderman jenkins
Van Schaick offered yesterday, In the hearing or
the reporter, to buy al claims against the Union
Trust Company with good securities He said they
were as good as gold, and that there was no ques-
tiOn Of the concern resuming very shortly.
THE PARK BANK.
This bank, 1t is stated, yesterday refused to re-
Ceive the checks OF some out or town banks on
deposit from mercantile houses. 1t is said that the
effect OF this policy II persisted IN Wlll be TO cause
they came from and then country banks would
insist upon getting all the money they have de-
posted or engaged in this city. Such step would
produce, according to commercial opinions, wide
spread distress.