The sun., 1873-11-21
a BETTER BANKING BASIS.
~ fSUREs CiICULIrED TO SpLTT
IHE CLEdRING HOrSP
on independent Bauk~ Stcppiue Out In
NNnn' o-Inicrc-t on Deposits to be Abui-
t~rrd- Amendments uiscn.sed

! t~h"d \ me rrdu~rt- Discu-sed.
TIA Associated Banks met ut T.. NJ.
'i'rdAy to take action upOn The reform tc-
ported hy their committee uf nine Two weeka
discussion uf the proposed changes Las not re-
suited IN unanimous approval. Indeed an or
gani'ed opposttion was in-tituted at the con
ference IN thc Frh Avenue Hotel on MONDAY
ana 10 tine Metropolitan Bank yesterday. and
The ser taken to secure the disapproval of the
reforms Yesterday show that the orpo. iti.n D.,
c"inu">cd of at least i-ht of the wetl,hicst in
tcrest paying banks.
st the call uf the roll nry-eight banks
answered enc, the Chemical Rank. was not
rertcseuted Nr Jacob H. Vermilvc Of the Me-
'Nau'e' Bank presided. ON motion the u, pre-
sentative ~ each bank vas called upon hv us
Clearing House member to say what action its
directors had authorized. Nearly all said that
thov had been authorized TO vote for the rc'orn
with some tuaing amendments that did not
change Ne features materially. Mr. JE vii.
h'ms - the Metropolitan Bank said he had been
insructld to ask iurther reinforcement ~ ia.
~ d.vs FOR consideration. SIX other b,u, rerre-
t"h'1il'cs announced that they iad l,cu lu-
tn r.''d 60 vote against tho rru, -i.u ,..cJu-
hNHlH- h' payment OF IA crest ou dvlu.lt-.
~ ~ vuRr To TAMIL rHr uirorr.
rhe AN of irrt- completed. . % otiur t. table
tnv tcp.it Wa tist hv huy 90 cieut. Tine ei sht
ahuhntIve ,tt' were e. st hy tnr rcurrso uta-
Is. Com EXCHANGE, lu.IHrtel' and rr. .d.I-',
l.' iur 90. and FIR, t.,nd lNna-
az IDuu b. WIiitui- Wltrt O. IU. t.rnc fur.
l''t I'd. t''ftti'n .i l.c rl' it r.,ti, d.,-.
% va IS iS is oi..'iu.t,'e at,iu-t 4On.t,-
" co. the r.- }, Nus announced Mr. Val n
t'r t"H. ''IU.tr.r 'i," at 4Du..t 900 .fIlU-
s.'i"n. Ice adtaat o., Oa.hs n.N T, .lon.c, io
e." e. 81, nn,' " w M ', @'l .r ,si"i,',oo- ., a'-
ur.n l1v u ia .ncmut.- t.cy did pcrle i,
49,, .,,'Ms" M ."i l'.,. Anli liun.
H D. N |
however t,a. dp nc, ru..+ ,o..tI cot hc ~ Of.
.on-cnt 4 any one or Us uemoer.. uie l.ro-
[ '1 It, III ls a-G'a -M 'nii ra a. S. S.'r i.n We
s.on ~a~ attributable on, to tIo-e WHO were
uan- anon an lid aud houl, staUii-hed in-titl-
.iun. i.,N might mr'' a ti'.rus House hut
not thc 'it ring tIuuec ~ which the bunk be
I'Ite''ne d. Rnd 'ror"@.s {" continue
,'' -. %. '' ii'.I .Ii- t,'se 'iui ms n' t'i I'M
ness roi"ie tuc meeting .ud announced hi4
followed h., NJ John /; Nl,i1i'ns 'l tn, V,,r.,-
roiial laph. Gen. " Dui u Tie Rank " The
Gt"c,r Tsnk S;t.r D'' GnSun Of the s' fanrS PI IS
NAuon1, me- 4 tue Mc,cAntle. and Leye,ich
.. 49,, ~, - - 80 'h ul'Ih
S,i anil ,.' liz ~, ,vli ,, ~, c ,,,n ,,'h
the A,tion of the meet,ng .IUu.,i hc hii',in,t an
the absent banks. Mter the result wa- Al
h"untte, harmony was re- tnf"d ana ia Late
ll"c,e!inss we're character trd y. %. j teel .n-.
~ vote upon the i'n'rt a. = wh''e VITA amead-
rur .rr.,tfs
r...,.,o. ."- N"''' ~
- '' ~. '''' & .' ID. ".s''' 'l, 20 were 'neh i'N"t up
".'," 20 "'l' lt--rl oyer 'I h."t a' i"n
'N'' " N"s" i'N"'i 50 hi 600 lrui.
70 m. H'r of %, lyar PCS h".s A.-oc a.'n shan
'' o.. ri''m inrrh'rs. "f o. l' a-.'f .at.nl,cpr.
~, M .,4 HIS h.0 gb'." me-
...... tu ,A.l. f... 70 ~ III ..r N ID,