, 1873-10-13
FINANCIAL NEWS.
The Union National
Bank Of Chicago.
Important Letter Addressed
to It by the Other
City Banks.
It's Probable EARLY Ro-
opening.
President Grants Views Of Tho Crisis,
and lilo Hay to Improve
lis Lessons. =:
What Measures lie Would Urge
upon Congress If It
We're Now in
Session.
Secretary Richardson Explains How
the Government Came to
Lose by the Cooke
Failure.
/ Report in Cleveland that Notos Of The
Michigan Southern Road Have
Conc to Protest.
The Situation Elsewhere Without
4 Report in Cleveland that Notos Of the
Michigan Southern Road Have
Conc to Protest.
The Situation Elsewhere Without
Change.

THE UNION NATIONAL BANK OF
On Saturday tho following courteous docu-
ment was signed by tho undoEmentioned banke
and baukorB Of this city, and handed to tho Off
ccfs Of tho Union National Bank:
CHICAGO, Oct. 10, 1873.
TO tho President and Directors Of The Union National
Bank u Chicago:
GxATIIMEn: Tho undersigned bankers Of Chicago
believing that here Il obstacle In the way Of your
Institution reouming busucas With undimn1ahed cap
tal, and recognizing the advantage 10 Chicago and
tho Northwest that will rcau1t from keeping the bank
ing capital Of this cenre tntac take this occasion to
cxpreas their undinuiahed good will and sincere hone
that you will determine to reopon At once We Will add
that We have tho confidence In tho solveney o!
tho Union National Bank that had before the
renco OF tho lase financial disorder
With asaurance OF high regnrd, va rcmaln, etc.,
H. r. EAMEs,
p1eaidnnt Commercial National Bank
OnsoN SMITH,
Corn Exchange National Bank !;
Gro. SruRoEs,
P1eeidtnk Northwestern National Bank :
o. D. SAWYER,
President Fifth National Bank
J. InvNa PxAnog,
President Third National Bank
p.o. MAYNARD,
President National Bank Of Commerce;
D. D. SPENCER,
President state Savings Institution
GEO. soHNE1pER,
President National Bank of Illinois
D. F. ALLEN,
President Cook County National Bank;
WM. F. END1co1T,
Prcsdent Central National BANK:
F. @. TA11on,
Vice-Presldont Fourth National Bank
8. ". NAwson,
President Union TruBs Company;
......... JAMES ". soov1LLE,
p1es1dent Prairie state Loan aud Truat Company
uEhAT GhrENxBAuM.
President German National Bank
CuAnlEBF F. GRxY,
P1esident Hide and Leather Bank;
J. Young soAMMoA,
President OF the Marine Company Of Chicago;
Jos. SAN REED,
Caahlor Mechanics' National Bank;
L. D. REED.
City National Bank;
JoBrrH o. Rur1rn,
Prnsident TraderH National Bank
J.V. CLARKE,
President Hibeynisn Bank.
This oppression Of polaonal good wishes aud OF
confidence in the soundnoss OF the National
Bank, on the part Of nearly all tho financial in-
Htitutiona Of tho city, will not only prove
gratifying to the officers and Directors OF that
institution, but will assure it's depositora aud
customers, both in and out Of the city, that 1t il
abnndantly able to meet all claims upon 1t with
out trenching upon ita capital or surplus,
amounting to 81 800, 900. As We stated on Sat-
urday, the liabilities OF the bank have boen ro-
duced from 90, ,600, 900 On the ID Of 8eptembar,
to less than 81, 100000 1T tho present time.
The only remaining obstacle to ito resumption
ID technical difficulty croaked by the National