, 1873-09-27

seemed to DO slowly improving In consequence Ao-
cordng 10 latcst dispatches confidence being rap
Idly restored In That CITY, It remained to 10 seen
whether 1t won1d not 10 well 10 iasuc them hero. !
favor, whi!o there might be something to
be said againat them. It they would cf-
foct tho purpose Of aaying the withdrawal Of
cy from tho bankH md bankors from auaponslon,
It was tho duty Of tho meeting to adopt them, provided
there weto not OWLS in tho adoption greater than those
which wcro sought to bo cured. II Now York, aftct
woeks experience OF tho certificates satisfied with
them, ohicogo certainly ought 10 dcrvc benefit from
them, unless there were local conditions hero which
do not ox1B there st. Louis had also iasucd cert11
cntes but they had not been sufficiently long in
TO rnable tho bankers Of that city to form cainato
Of tleir value.
4 srEo1MEN.
ntr. Gage wns naked 10 give tic form Of tho corta
catca issred IN New York, which question answcr
ed by tho Secretary reading specimen transmitted by
telegraph ns follows:
No. -, Loan Committee Of tho New York
Clearing House Assocntion, Now York. Date -..
Committee securities In accorfanco wlth ths proceed
ings Of meeting Of tho Association held eept 20 1875
WRIT s M S o fe Y a osf
ine-1iousc for tho Bn1n Of thousand dollars from
my onher Of the Clearing 1loac Asse citation until
the depositing bank above named, tho Committee will
f.lorso tho amount AZ payment oil the obligation Of
ale alare Of tho Collateral securities held therefor This
certificate may also be redeemed rf'or to tho ls ct
tho Conmittec.N1
It is Endorsed on the back, "pafd to tho Clearing
nouse, date --b - conditions OF surrender" In
1ne print, opposite tho signatures.
Tho following was tl,cu submitted:
We, tho undersigned banks nnd bankers, nem-
~ ooo to rarers ~ "
tue Clearing; House. eyItcnces Of lndcbedaese to DO
to tno bv tho resncctyn }anks ~ ant hankcra i IN
payment Of debit balances at o olcprine House sub
archv @ a,,T1nt eoicc ~ hs n"s
as "rlo Ioan Cerit6cate Committee" Vic shai holI
nsan.tion Viz nav fn lima ~ ~ ~ tnn r,,os" ~
iaHc loan ns neFen ,
rommttco nccotiehia eceritfes nr 1nod 1ila rcrctv
a5e, may lasas "iosn eoftaeatesS sfter iae manner
in1 ~ ~ 1,cr cant In lin cstimntinn ~ anti Cnn,
mt,cn, n lin mir arknt van Of thn secr{tjea ao d.
T1;rdrbo uto,n cort,oc,,ca an ssue1 sn,1, Ia
conntnrscnnd bv ot lcaxt thres momera n sai Com
ittee sceqrne to he form below given ..o. .,,
tssue lon certinca.es to m amount eseeedua su,a
san cont Of sn omsf s r. naty 's
on o 1ae ELI nat bo IN foro
sp9 nay RqF on %s ss
%onrs of .he aors III +; ncye Il viii tha T
Cearinv.Ifonan
~e S;r1tk LIVE oo,.os t,o,7o,,o, +o Tim c,rrrt,c
out of to a9vo a ,at o tha ny y th
m"nbcrs @ ssninr ccrtiGcntrs. IN nronnrtion to tho
na n,on ''s ias 4s'o' s'a' o'af ~
'',4a I.an-",s," uH.u' ''eas.. s,.s <,,,o
foAo"1n8 1s tae iofm Of the eertinch'e:
CHICAGO, 1s73.-Ths certincs that -
Ia indebted to the holder tn the sum Of 80 tioiars,
payable on or before Dec. noxt In pledge for the
payment Of which collateral security has been deposit
cd VIII tho Loan cerfsao Committee Of tho Chi"
| cogo Clearinghouse Associations
--, President.
The certificate is indorscd on the back ns follows:
This cer,hcato ia entitled In Tho nrnnortjon of tte
coiiaarai 1aoca 10 ~ socnrv o ~ a rcdamnon
hereof. f'e"eNN - ''N'' ~
MI, G. Il. u1A1u.
| -, ~ ~ 49,, -. =, .1s -,
ffes'acnt oi INC MefshAhse Haaohai ank, eao IN NJ
this time, mud, When the object for which the meeting
had been called waa explained to HIM. ho sud ho could
mt eco hs way mt of Tho prencnt troub]o with 1oun
| ..o. ~ ~ -. ,,t 49,. sas -. ,.s ,,s.s, ts ~
eertncatcs Ae coula not see no" oa'"nceH co"'a oe
paid in that way. Tho people wanted money or stock
Then tho could net be got up in time to make