, 1873-09-20

ailnres which havo taton placa. Every
lepositor would bo paid as soon a.
,la check VIA presented Gould not say how long tho
I'm rontd probably continue, but beloved 1t would
~ ony temporary II confidence IL restored and the
9nnlc in tho stock Exchange gives place to foeng Of
oourity Tho run will cease. Many Of their cuatomern
Id not shnre In tho general feeling Of insecurity
numbsr Of dcpohita had bcen received during ths
lay. and there would doubtless DO more tomorrow.
SAYINGS AND sTATE uANKs
haro boon entirely unaffected, and among uptown
banks On Drondwny and tho avenues wcat there was
not tho sghscst indication Of run. Tho
prevailing opinion among tho ofaeora Of theeo
institutions Was that tho crisis would
tend to tho advantage Of tho banks In question. pros-
idont Quintard, Of tho Arsana' Bank, expressed tue
belief that the present state Of Aahira IN WAL
strcos, II anything, would provo beneficial TO
tho uptown savings banks. Few deposits
i,ad boon Withdrawn during tho dny.
Augustus Bchel stated lator In tho evening TINT tho
ntaoment Of tho number Of deposltors who hnd With
drawn their money had not boon mado out,
but that over half D million dollars had been
paid out. The remainder had not boon |
anticipated, as It had not bcon expected
That tho excitement would turn In that direction Thoy
had not, he said, attempted to provide for such
t,ngoncy until Into In tho day. When thoy had called
IN somo OF their loans they found it hard
work to raise money on 10 short notice.
Tho clorks wcro then engaged In making
out the necessary notices for calling In oans to meet
to-morron's demnnds He had no doubt thne tho COM
- ,r,,,fa H.. .h,o N nav ,nv a.nnands which nav bo
,,,,,H t,+ or,+n sno,o ,,,t,, sorne ncrvousuess
l.. ~ ,,.,ror ~ .ho a,mcultv of 'ortn1ptnu rnnnav
~, ~ .ho-t nnlic, a, waa allowed
thcun. They could not expect to receive money on
these loans until Into this afternoon which would cause
considerable delay in getting tholr checks ccrti-
noa Ths ot,ciai, declined to mako publtc tho num-
~ - .cconn,. u5thdr,wn.
u.routs sronv.
NJ u..ob NJ ths Arm of p4rt h r1.toh said that
,r.-r,c,av 1.roo c.1a c.me in and nt half.
n,,t N o,lock thcy camo to tho conclusion that they
could not stand IN ssalnst such rin very long, and
II w.a hs.t n ,usncn1 At oncc. rahcr than aacrlco
tho,r %-' sacnr,t,ss naa1v ~ thu, felt to bo
connn.,1ct IN snsnena. they tried to conpilcr
tbo ,ntnrest. of theIr creditors before their own,
Tha f,hfo 4 oheaaneake Railroad bonds had somethnR
n o viii thc,r sanena,on but thot alone would not
1so h.a .rn,c,.rt Tha tronb1e nroso from lack 3f
condcncn in ratlroad ontarnrlscs and sr1ngcncy In
49, snan.., ,,,-toI cou,cd n mart nv the re-
tno A'1"u, A4AN ~ -s. a,n,,a =, ,h,tr
con. 1'ules. '1o etS"' @ .nsnars,on u,sra =, ~
houao' caaeea ns conSo coopou %Ho cam, 80
euddeuly that thov had no tirno to not in money due
.,'on, -, ~ ot,tn f,n1, fro thor assets. Their c-
tno"s os ~ oo'a1n .onns A,o'.4 luo.A asso -, ,
bazrassment9 had not peon occaaloneo W t@ au'n.
ing money On hazardous enterprises. They
h.d not spooulated they haa me. -, with i.,1p' no
1osseo. The trouble hha oeen causeo oy 'oe sonstl
fall In stocks and tho feeling Of "sru. IN regard 10
on tho houso for which they had not time to prepare
ho1 to1,ov. TINT their nuspenslou Ii only temporary
and that a. .oon as tho excitement "a over they will
be abIe to 60 on agaln They are confident tna' non<
of their creditors will lose through them'
ns,.,o,n.. h,n.in1 -, nrm doin1 bu,inesa 10,
Phl1delpha oauxne nrm, uons I'D Sur1ne1p .,n p.nn'
| s,tv,n,n fomnanv has falcd E. D. Randolph Is
..,' .n",ow IT. Tbomaa A. Scott. They helt
son-,a-an ol an'n"1 ~ ~. -. o' .n1 hon.s n r.1
out till near the close OF the aas, anu oopoa 10 tlo
the storm. They aftcrward 81" thnt It "onla nas'
hcen bottor to have closed up IN the morning, az h
h.va 1oo, ,avcd' Mr. Randolph said thu
n"'e ucea su",, eau - .,,1 ~ +bav dim,
"as mp0,e'o,e ... ".. ~ ' :, -annnv oot down +
reasonable figures, they would eoon resume. Th
c,uao NJ thnir trouble vas genera! depreciation G
stocks aud on their house. They did tho large.
out-of~torn business Of city houses aud were anaD
, to call In their margins.
ITO tho Aasociat<d Pressl
NEw YonH Sept 1o3The Esprt.s tonight sun r
h 1. pas sa Ne
euspsnded no bank has refused raymsns AL! al u
rock. Run1or, however, il not st satisfied, al,
warns everybody to beware Of rnmor. Stock yala
ness in nearly al branches OF nroluce is ut ktuA
atiil and. in fact almost bordering general demo
nizatiou.
rvrn1nonr II LOOKING OUT FOR THEIR mou1Y,
! 5 "ataars ~ eo",la nre not disuossd to rrajizo
b Tcvsris, fsclinu nreyutla aud mauy merchants To-
.t- araau},+t nt,iaea fI,a Gnyar1ltun,,t comee
reacue na cause Of the financial crash ia iput
- ~ tt "sto+tnn in thu Western 6tateo threatening e
u is.ation hostile to railroads. These reports ha'
amor;c,n Taifroad securities This New York bank
hcinv nnhe to meet tho extra demand together nj
~ errI 5srictnn for The ordinary fall moyenen
havr hcen endesyorng 70 curtail their city call oan
~ ennv ~ tha securfics wcre uneaAble ID tuo
d 1ouern; nrostraton. somo OF the most prospero
Bankers faye been Obliged to suspend until they G.
-onIiya m theIr ancuritiea
9" A' va 80, . r.-,u
al .sn Iasn - = ~ ~ ~; .,,sr,ore,on \, Fink
1t Hach IT, dne to the arm having advanced mora IL
20 tne pMtn1cent c ncconnt tnknr a.
esp tner mortssRe boaas Tho road now sarni
enough 70 pay ~ @ ~ tts,S ,1rent the 4.
gags L. ops panRsrs. til nndorstood tha hs
10 clnC GolApAuy n Aot oAuSseA y t4t her.o-an-