davidaulloa/AmericanStories huggingface dataset:
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19
BY E. ID. Eacho, Real Estate Agent and
Auctioneer, No. o, Fourteenth street. - g

Auctioneer, No. Q, Fourteenth street. A3
TN THE DISTRICT COURT OF THE UNI
i ted States for the Eastern District Of Viz
ginia. 8Hf rs etSa3 &i3Es-
4 In the matter Of Armstead Peek
bankrupts-in bankruptcy. M 1q + -
BY virtue of an order made by the Hon. John
O. Underwood, District Judge on the nth day
of April, 1873, shall expose for sale in front OF
the United States Custom house. in the city OF
Richmond, on the 'sHA - 'tNSa" ts'V7
23p DAY OF THIS MONTH,
all the unencumbered assets of every de-
scrption of the said bankrupts, including their
interest in the concern of Armstead, Peek b
Go. @ i&s4sks1# % tlQs ttk
TERMS CASH. VIM. B. MATTHEW'S, 5
ap l2-2awtd 800, Assignee,
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19

yxTHEREAs, VIRGINIA MiLITARYLAND
wv WARRANT No. Oils, for 100 81 acres,
issued by the Register of the Virginia Land
office, March "a ls45 to Patrick III. and Leonidas
ID. Holt, heirs at law of Capt John Watkins
Va. Cont. Line, War of the Revolution, has
been lost or destroyed.
THIS IS TO GIVE NOTICE THAT APPLI-
CATION HAS BEEN MADE for the issue of a
duplicate thereof as also for the satisfaction of
same by the issue of Bounty Land Scrip. %
ap 6-law6w
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19

TN THE DISTRICT COURT OF THE UNI
Il TED STATES for the Eastern District Of
Virginia. hndmilBIa
In the matter Of Enoch E. Rollins, bank
rupt-in bankruptcy.
To Whom 1t May Concern-The undersigned,
VIM. H. Allderdice, of Richmond, Va, hereby
gives notice Of his appointment as assignee Of
theestate of Enoch E. Rollins, of Fredericksburg,
Va, in said district, who was, the 2Sth day OF
March, A. d, ls7S, adjudged a bankrupt on his
own petition by the District Court of said dis
trict fI{ W & EtFF
Dated Richmond, 10th day o fApril 1873.
VIM. H. ALLDERDICE,
ap 16-W3w astutr i1fie Assignee.
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19
THIS is TO GIVE re sorlcE4rha, on the

THIS Is TO GIVE NOTICE-aThat on the
Il 10th day of April, A. d.. 1878, warrant
IN bankruptcy was issued out of the District
Court of the United States for the Eastern Dis
trict of Virginia, against the estate of j. N.
who has been adjudged bankrupt on his own
petition That the payment of any debts, and
the delivery of any property belonging TO said
bankrupt, to him or for his use, and the trans
fer of any property by him, are forbidden by
aw:--That a meeting OF the creditors of said
bankrupt, to prove their debts and choose one or
more assignees Of his estate, will be held at a
burg. Virginia, before j. l.. Waterman, Esq.
Register, on the 10th day of May, A. D,
1873, at 10 O'Clock A. M.
DAVID b. PARKER.
VI
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19

TN THE DISTRICT COURT OF THE UNI
j. TED STATES for the Eastern District OF
Virginia. a
In the matter of Flippin Co., bank
krupts in bankruptcy. ~
At Richmond, Va. this 18th day of March
1873. ElS8 70 i9l
To Whom it May Ooncern-The undersigned,
J. M Morton, of Burkeville, in the
county of Nottoway and state of Virginia
signee OF the estate ofFlippn & Co., Nottoway
county, in said district. who were, on the 3ls
day of JAM, A. D., 1878, adiudged bankrupts
upon the petition of themselves, by the District
Court of said district.
Dated at Richmond, March y, 1873
20 h @ HSI J. M. MORTON, =
ap5-S2w 9fHt ah Assignee.
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19

Live Stock Sales at State Scales. uta
RIcHMoNp. April Is. 1873
Mr.. L. Gfmmi, weghmaster at the Live Stock
Scales, makes the following report of transac-
tions for the week ending this date Cattle, 3s,
head q s. 90 to $6 0per hundred gross; Sheep,
(sheared), 80 head a 81 80 to IS per hundred
gross; wool sheep, a IS to Sc 80 per hundred
gross; Hogs, 265 head q ~ % to rs 90 per
hundred nett. .5Ge X
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19

TN THE DISTRICT COURT OF THE UNI.
Il ted States for the Eastern District of Vir-
glnia. 7Ge 14 Fl sat ha "a
! In the matter of A. NJ. Hundley, bank
rupt--in bankruptcy.
At Richmond on the 10Th day of April, 1873.
TO WHOM 1T MAY CONCERN:
The undersigned, Jacob Cohn, of Rich
mond city, Va, hereby gives notice of his
appointment as assignee of the estate of A. M.
Hundley, of Caroline county, in said district,
who was, on the LIST day of March, A. D.,
1878, adjudged q bankrupt upon his own petition
by the District court of said district.
Dated Fredericksburg, Va, April 8, 1873.
II Conceived g. JACOB COIN,
an l9-S3w X. felY as Assignee.
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19

& E-1A y - 1898 NsetNfA ttfe%
TN THE DISTRICT COURT OF THE UNI
1T ED STATES for the Eastern District of Vir-
ginia.
In the matter of r. F. Hall, bankrupt
lin bankruptcy.
TO WHOM IT MAY CONCERN 4 ,''ii-3
The undersigned, VIM. H. AlIderdice, of
Richmond city, Virginia, hereby gives
notice Of his appointment as assignee OF the
estate a of r. F. Hail. of Mecklenburg
county in said district, who was, the 10th
day of March, 1873 adiudged a bankrupt upon
the petition of himself, by the District Court
of SAID district. ,ss jg{ eN5E A
Dated Richmond, April IS, 1873. s1.
Yffy VIM. H. ALLDERDIOE, ils,lH
an l9--S3w d5 t Assignee.
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19
COMMERCIAL. ~ "
Corn and Flour Exchange,
RICHMOND, April 10, 1878.

UUGtHg6 H.
Wheat-White, 102 bushels. Red, 4S. si1is'
Oats-124 bushels. III N - ~ ~ a.s-a tass
Sales. T.-U
Wheat-White, IL bushels $l.9O; so very good
$l.S3 40 fair $l.75. sues t 3i
Oats-37 bushels, &c.; sspt. aa
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19
r,,Hrs Is.To GIVE NG a5gg ON the M

TyNHIS IS.TO GIVE NOTlCE-That on the nth
i day Of April, A. D., 1878, warrant in
bankruptcy was issued out of the District Court
of the United States for the Eastern Dis
trict of Virginia, against the estate of
Silas Roork, of Essex county, and
State of Virginia, who has been adjudged a
bankrupt on his own petition That the pay
ment OF any debts, and the delivery of any
property belonging to said bankrupt, to him or
for his use, and the transfer of any property by
him, are forbidden by law: That meeting of
the creditors of said bankrupt, to prove their
estate, will be held at a court of bankruptcy, to
be holden at Tappahannock, Va, before John s..
Braxton, ESD, Register, on the 10th day of May,
A, D., 1878, at IL O'Clock, M. shfIsia4
81 nv DAVID B. PARKER
APP 1S-F2w u. s. Marshal.
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19
AssIeNEE,s SALE

An Ass'es 1sE SAL. SALE q
VALUABLE REAL ESTATE IN THE
COUNTY OF GLOUCESTER.
of the United States for the Eastern District of
Virginia, the undersigned, as assignee In bank
ruptcy of Landon N. Davis, bankrupt, will sell
at public auction at Gloucester Courthouse, on
MONDAY, THE 9TH DAY OF MAY. 1878,
County court day., that valuable plantation
known as LEVEL GREEN" situated on
Ware river in Gloucester county.
This tract has, for the purpose Of effecting
this sale, and to suit purchasers of limited
means, been subdivlded into compact and beauti-
full farms, each having a water front
FARM No. l. embracing the. MANSION
HOUSE, Barns, Stables, &C., contains
I53 23 ACRES, about 80 of which Is In
wood, fronts upon Ware river and COM
mands q fine view of the river and bay.
FARM No. 2 contains los ACRES, Of which
about % Is in wood, fronts both upon
Ware river and Wilson's creek, fine. bold
and deep creek, and commands fine view
of tbs bay and river. F3atC2 g1ts@3
FARM No. s contains ZIG I-2 ACRES, Of
which about 80 is in wood, from IS upon
Wilson's creek, and commands q view of
the river and creek
| The soil of each Of these tracts is good and
| highly productive. The situations {being imme.
diat-ly upon salt water,) healthful the neighbor-
hood of the beg in Virginia, and the facilities
for taking and planting oysters under the priv
| lege lately conferred upon riparian owners very
great. I'll ksE I st&h ~ a3Gt ti
| TERMS OF SALE:
| One-foulth of the purchase money cash the
| remainder in three equal instruments upon q
| credit of six, twelve and eighteen months, with
| interest from day of sale. Bonds to be executed
to the undersigned as assignee for the deferred
| payments, with good personal security, with
interest from the day of SALE and title to be re
| tanned until the whole purchase money has beer
| paid. fst5 VIM. B. TALIAFERRO,
| ap 3-2aw3w +sri1 Assignee.
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19
TN yHEDIsTRIcT COURT OF THE UNI

TN yHEDIsTRICT COURT OF THE UNI
lTED STATES for the Eastern District OF Viz
GINA
In the matter of M, M. Dance, bank
rupt-in bankruptcy. N. 1880. 6t.r,..st
To Whom it May Concern-The undersigned.
VIM. III. Allderdice, of Richmond city, Va,
hereby gives notice of his appointment as ASST
gnee of the estate of M. M. Dance, of the coun-
ty of Prince Edward, in said district who was
a bankrupt on his own petition by Inc District
Court of said district b ~ - 81
Dated Richmond, April is, 1873 rt.fs
"a a 6Eese 4. WIN. FL. lALLDERDICE,s
APP l9--S3w =. -5..il,t..5tf lis Assignee.
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19
AID
TN THE DISTRICT COURT OF THE UNI
Il ted States for the Eastern District of Vfr

AID
TN THE DISTRICT COURT OF THE UNI
l. ted States for the Eastern District of Vfr
MIA. Ok 3 ~ a .-y,,Yt,.s .tt4 -s9.s
In the, matter of George J. Waldrop, bank
70 II, WHOM 1T MAY CONCERN:
The undersigned, VIM H. Allderdice, of Rich
mond city, Va, hereby gives notice OF his APP
pointmsnt as assignee of the estate of George
J. Waldrop, of the county of Louisa, in SAID
district, who was on the 18th day of March,
A. d., 1873, adjudged bankrupt on his
trict. ~. taE
Dated al Richmond, April 10, 1878
VIM. H. AIILDERDICE.
APP l9-SSw Assignee.
TN THE DISTRICT COURT OF THE UNI
ginia. AsB& @
In the matter of william J. Bragg, a bank
rupt--in bankruptcy.
At Alexandria, Va. this 10th day of April.
1873. 8f -
Before tie Honorable Judge of said District
Court, in bankruptcy. q &
Eastern District or Trgiaia, So:
Upon the petition filed by William j. Bragg,
bankrupt of Ilunenburg county. aia z
1t is ordered, That the creditors of said bank-
rupt appear at Richmond on the 18th day OF
MAY, 1873 to show cause, II any, why the SAID
bankrupt should not be allowed in kind the
exemption provided by law, and that a copy OF
this order be published twice a week for two
weeks in TEE VIRGINIA STATE JOURNAL pub
lished at Richmond, Va, which publication shall
be taken and considered as legal service OF
JOHN G. UNDERWOOD, Dist Judge. y
A True Copy-Teste:
T.. r. UNDERWOOD,
ap 17-2aw2w* District Clerk.
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19
n 3 ASsIGNEE's SALE r
VALUABLE REAL ESTATE IN RICH
MOND COUNTY, VIRGINIA:

MOND COUNTY, VIRGINIA.. ,,.,,.,
f As assignee of the estate OF Fleet w. P1idham, 3
q bankrupt, and BY yirtne of an order Of the :;
United States District Court for the Eastern
District of Virgins, dated October 2lst, 1879 r z
will sell at public auction. ON ii 81 B5aa =
ae WEDNESDAY, APRIL Esd. 1873. ,S s.ss,
at II O'Clock M, in front of the United States s
oustom-house, in the city Of Richmond, Va. 9 tsl
y nqj eSe ACRES OF LAND q ets
1lH .sa3
in Richmond county, called " Oak Level, near
Totusky Church, in fee simple, with Improve
Also one-haIf undivided interest In aEg3l
q 1875 ACRES OF LAND, f3h =
in Richmond county, called SHADY Bowsr.,'0
ear Tetusky Church. ii
~ TERMS OF SALE: sisYl.5IgsH
One-third cash balance on credit OF six and
twelve months, the purchaser to give his nego- .
table notes with approved security, for the de-
ferred payments, with interest at six per cent. n,
per annum added thereto from day of sale,
title to BIZ retained until said netes are paid.
.f1 WIN. FLEGENREIMER, a1Eis
NH 29-2awSw Assignee 4
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19
Richmond Tobacco Marke,

Richmond Tobacco Market s4s
RICHMOND, April IS, 1873.
As yet there has been no decided change.
Receipts have been larger the past week. De-
mand continue good for Selections" Lugs and
low leaf are shade lower, Offerings on Change
the past week We're 1913 hogsheads, 6s tierces
more than for the corresponding week of last
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19

n.11 WILL ray FOR COPIES OF TILE
Oil SEMI-WEEKLY STATE JOURNAL.
for one year. @ Ih- IS
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19

OK WILL PAY FOR SIX COPIES OF.
YC the WEEKLY STATE JOURNAL for
one year. $50. 81 .l,
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19
Richmond Prices Current.

APRIL is, 1878 3
As the weather continu good so trade
keeps apace Prices have not changed mate
rally Flour has been in buyers favor, Eggs
and Butter are unchanged.
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19
THE MARKETS.
FINANCIAL.

FINANCIAL. ~
Quotations of Bonds and Stocks by X. III.
Maury & Co, Bankers and Brokers, 10l4
Main Street.
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19

and twelve months, the purchaser to execute
bonds with approved security for the deferred
payments, with interest from day of sale.
title to be retained until all the purchase
money Is paid. ~ 9ss5ac d. H. FOSTER, a4t
ap 3--law3w 5,sgissji 6s{ II. gs; Assignee q
The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-04-19

q In pursuance of o decree of the United States
District Court for the Eastern District of vir-
gnia. dated February 25th, 1873, the undersigned
as assig nee In bankruptcy of the 'estateof @. r.
Miller, q bankrupt, will sell at public auction
at Mathews Courthouse, on a 1850. ~,
, 1873-09-25

Tho Republicans OF the State Of New York,
assembled iu convention at Utica yesterday,
paasol tho usuai stereotyped resolution do
nouncing tho salary-grab. Other resolutions
wore also adopted, in which it is declared that
Legislative bodies ought not to meet aftor thoir
SUCCESSORS have boon choaon; and that pro.
Visions should 10 1nado by which tho whole record
of nlombers Of Congress aud the State Legts-
1atures should be exhibited to the country before
the holding of elections in which thoy are con-
cerned. Tho platform, Us finally adopted, con-
tanned temperance resolution, and one fayoring
cheap transportation, with view to which the
Convention woulu have the caual tolls reduced
to tho lowest rates. francis s. Thayer was nomi-
mated for Secretary of State, and Nolson K.
Hopkins for Comptroller.
, 1873-09-25

Yesterday will always bo remembered as q
aobio epoch III tho financial history OF Chicago.
While tile Now York banks found it necessary to
withhold tho currency on large demands,
md thcre were failures and suspensions
10 many Of tho largo cities, Chicago
pas7ed through without scratch. The bnnks
hro transactipg their business as usual, the BAL
ancos we're nll adjusted in tho Oloaring- g-HouHo
without tho use of certificates. fow checks wero
thrown out anywhere, and there WAS better
feeling h tho business community than there
had been at any time since tho panic aet in.
There has not been what could be called run
OIL any bank in Cheago,-not even On any ono
OF tho Bavings banks. Tho Board Of Trade has
been open every day, and not q single failure il
reported. The grain trades have boen largely
closed up, and tho balances paid in money. It
la showing Of which Chicago may be proud at
This time, and & good indication that the storm
will paaa oyor our heads.
, 1873-09-25

Sir John Young Appears in a Three.
Column Defcnsc-NForlk II Of tiae White.
washing Commission Nearly COM

Sir John Young Appears in Il Thrcc-
Column nDcfcnsc-NForlk u Of the Whites
washing Commission Nearly COM
pleted.
.peciat Dt*pateh to Tbs Chicago Tribune.
MONTREAL, Sept. N.--The Hon. John Young has
published three-coumn LITTER In the Herald going
over tbs whole mattor Of tho Macdouad-po letter
aud Flour -1nspectorshtp.
Tho Quebec Legislature is further rrorogued On ao-
count Of the meeting of the Dominion Parliament,
rumor prevails horo that &. II. A1cstullen now in
cnds obeyfnG thu ca to appear before tho Royal COM
mission. Tho sa1no IL said of Senator Foster.
OTTAWA, Sept. 24-Tho Noyal Whitowaahers hare
apparently nearly flushed tlotr job The only wit
nose cnul yesterday WIS George Norris, but he was
recorded al In defaut. 1t was announced by tho
Chairman that, except two gentlemen, Donald 4.
Smith, H. r., of Mantoha an1 Henry Nathan, Ut
british Columbia, wlluaa ability to attona dobl-
full the list Of witnesses originally furnished hah been
tended to auy abto tu testify within lB acuro Of
the inquiry to do 40. The Commission then al-
journel.
ITO the Aasociatta lrtss1
OTTAWA, Canata. Sept. 24.-Fred Martin waa ex-
aminel before the Royal Commission to-day. IIo raid
ho WIS tho seeoud-collsiu Of g. W. McMnlcn. Knuv
that Mcnlteu and otller Americana wero entering In.
to negotiations with Blr 1lugl. Allau to tho ra-
cifc hallway contract. McAtulen showed wtnosa a
latter front Sir lIugh and reud part Of it. remarkng
"Str Hugh is tricky chap hut we've got him itae
McMulen did not nontlon the Government, or nny
menber OF 1t, In connection with tho railway.
Mr. Whito, Of tho Montreal Gazettt will DO called to.
morrow.
, 1873-09-25

The dispatches from San Domingo indicate
that another Of tho wild speou1ationB in which
tho balloon capitalists OF this country have in
vested will soon follow In the footsteps of
Northern PaciAc. Tho samana Bay Company
does not appear to have made very brill
iant sucoeBs "a Government. When
tho barter had been concluded with Daez
which virtually transferred tho Island Of
San Domingo to tho Now York Company,
wo wero told that thore WAS 3 general
rejoicing among tho natives, who woro ready to
recognize the private flag and aharo the magnifl-
cont commercial advantages to which the Amer
leans were going to introduce them Now VIC
are told that tho people arc rising, that martial
law has been proclaimed, that one Of Baez's
loading Generals has gone over to the opposi-
tlon with GOO mon, aud that tho cry OF the revo-
lutionistB is "Down with Baez and tho samana
Bay Conventional" We apprehend that there
will not be very great demand for samana Bay
atock, and that somebody has paid Mr. Baez
s150,000 for ono year's rental, which hIr. Baez
will never give back. samana Bay Stockholders
and Northern Pacific bondholaera might, pcr-
haps, tsado little among themselves in these
dull timeB.
, 1873-09-25

Yesterday opened with feeling Of stupefac-
tion rather than OF panic in financial circles
throughout tho country. Tho Nav York banks
hold meeting carly In tho day, aud resolved to
make furtner Issue of loan certificates
to tho amount Of s1o,0o0,0OO; to aHk
tho Secretary Of the Treasury to antici-
pato tho redemption Of bonds coming due
jan. !, 1874 md to stop paying large chccks
except through tho Clearing House. Tho last
resolution was at first construed 50 virtual
suspension on tho part Of tho banks, aud pro-
ducod All unfayorablo feeling but Inter in tho
day 1t was conceded to bo q wiao procaution. aH
tonding still further to economizo tho uso Of
groonbacks. while satisfying tho demands OF "a
condition Of Bo1yoncy. Checks Of manufacturers
and others having to meet pny-rolla of omploycs
were paid III groonbaeka AZ usual. In this way
the day WAS bridged over without any bank fail
uro, although tho private firm Of Howcs t. Macy
failed to open their doors. This is one Of tho
largest banking firms in Now York. II
is beloved that their suspension, unlike that
Of Jay Cooke and Henry Olews will bo only tenn
FNA"*Je AAS NAtoA AtN1t NO1NthAt AAlUAllEEA
that they would pay dollar for dollar and that
the dcfalcation Of their Secretary was only
100000. In tho aftornooon much better foe1-
ing oxistod both in monetary aud trade
circles, aud tho impression prevailed that
tho panio WIS over. Auction saloa of stocks
were made on tho Roal-Istato Exchango ut
hotter prices than the closing street quotations
OF the previous day. Tho grain and provision
markets were stagnant, by reason OF tho inn
possibility Of selling sterling exchange.
bogus dispatch waa sent out curly in tho day
to tho effect TINT al tho Baltimore banks had
suspended. Our special dispatch from that city
shows that the only failuro thore was TINT Of n
private firm, dealing largely in Chesapeake l.
Ohio Railroad bonds. The reports from Boston,
Hartford Philadelphia, Richmond, st. Louis,
and other citica, are encouraging and satisfac-
tory. The only financial trouble abroad is the
suspension of tho firm of Clows. Habicht l. Co.,
London, and that Of q private banking house in
Berlin.
, 1873-09-25

province Of govornmont simply to rostrntn mon
from iu}uring ono another; insisted upon a do
creahe In tho number md compensation Of pub
lio officers; denounced protective tariffs as dani-
aging to producers and CONSUMERS nike and
pointed with satisfaction to tho fnct tint tlo
country hnH jallH, and should uao thon, for
tho loneft Of b1iho-takorB and persons WHO
abuso tloir olicial trusts. Aa MI Offset to tl,ta
arralgnmont Of tho party In power, tho pint
form Bays too much of tho improvement
Of tho Wisconsin aud Fox Nivors at
public expense, aud approves of rotation
In Office, as neglected right Of tho
ayorago ctizon. William II. Taylor, Of Dano
County, WIS nominated for Governor; Oharlos
D. Parker, Of Lacrosse, for Lieutenant Gov
orrlor Fordinaud Kuohn, of Milwaukee, for
Treasurer; rotor Doyle, Of prairio du Obion,
for Secretary Of State, aud 4. Scott sloan Of
Dodge County, for Attorney General.
, 1873-09-25

bosy, for tlioHo who havo no moana Of their
own to plnco It beyond theso dangers (2)
to facilitate commercial exchange; and (8)
to oRrn fair interest on capital that would
othorwiso be illo. No Legitimate banking-houHo
goeB beyond tlleso purposes, nnd nothing has
yet occurred which can endanger the credit or ro-
SOURCES Of legitimate banking-llonaos In Chicago.
Every Intelligent man knowa tint It is imposaE-
bio for a banking-houso to pay on don,at,l al tho
funds deposited with IT for safo Keeping. To do
this, 1t would DO necessary to kocp all theso
funds IN n vault at MI times. How could tho OK
ponsos Of tho banking businoss In auol cnao 10
dofrayoda It Is perfectly Idle 10 suppose that
bankH, any moro than merchants, nro going to
lot their money lie unemployed. They must
use 1t, and as q general thing they
lend It to tho worry mon who deposit
with them, SO that tho bank Ia both dobtor
aud creditor to the dopostor. Tho dopositor has
the advantage that what Ia due from tho bank to
him Ia payable on demand, whilo what is due
from him to tho bank ts payable at q definite
timc. II the dopositor takos advantage Of this
sarily cripple the bank, ho should 10 "Rpottod" I"
"a IN unsafe customer and as 1rebrand In tho
business community.
II tho people will keep cool, they aud thoir
business and their money will bo all right. Chi
cago is better of to-day, in all its relations to
the present financial furry, than any other largo
city In tho United statos.