Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1873-09-26

s restored to financial affairs, which it is
believed will be in the course of few
weeks. The company has felt that this
course would best su5serve the interest OF
all parties concerned, and we have no
doubt it will be SO regarded by all who
feel concerned in this important work.
THE SUSPENSIONS IN PETERSBURG.
On Saturday the country people took
alarm at the crash in New York and COM
menced a run on the Merchan is Bank and
drew out $40, 900. On Monday they pur-
sued madden course and on Tuesday the
bank closed and goes into the hands of a
receiver. Its breaking was followed BY
First National, Planters & Mechanics and
Peoples Saving Banks which went down.
The firm Of Plummer, Young Il Co., one
z of the largest hardware houses III the South
went to protest for S63, 900 and other
prominent frms names not given failed. A
telegram to the Dispatch says:
There are large quantities ofpaper IN the
banks on which the various presidents con-
cerned 10 the railroad have borrowed mon
ey to carry their snare Of the burthen OF the
railroad on the Endorsement Of each other.
And thus is the railroad connected with the
sudden collapse Of the banking institutions.
RICHMOND STANDING FIRM.
In Richmond the banking house of [saacs,
Taylor & Williams was run upon Tuesday
and suspended and the same way with the
Dollar Savings Bank. To show the great
folly of having forced the latter concern to
close the following exhibit of its condition
will suffice (:
The capital Of the Dollar Bank is about
5000, U0O while they owe only about $40,
600. Besides this extraordinary surplus oil
assets they have deeds Of trust on one hun
dred and eighty four houses IN this city,
each house being insured for its full value.
and the life of the owner being also insured
for the benefit of the company. They have
also on hand large amount of-as good
bills receivable as the city affords. Win
such an exhibit stockholders and depositors
may well be satisfied.
No National bank in Richmond has
suspended, and they are all in good condi
tion and firm. The prominent merchants
Of the city held meeting Wednesday anS
unanimously resolved to aid them and no
to withdraw single deposit. hi VI
| BALTIMORE. 49,
There are no failures in Baltimore, e1x.
cept Brown, Lancaster Il Co., who are ii
nancial agents Of the Chesapeake u OH
Railroad Their branch house in Rich
mond also suspended. Baltimore Nationa
banks have banded together 20 resist ap.
pressure that may come ,'@'R fn
A SAD TRAGEDY NEAR HARPER FERRY
A sad tragedy, resulting in the lata
shooting Of Miss -, Reed, an interesting
young lady. aged about II years. daughte
Of John Fl. Reed, Esq. Of Washington
county, Md, occurred at her fathers resi-
denee, opposite Harper's Ferry, OF Satur
| day evening lass lS SscLho pii"" -. W
lis Allison, young man from Harper
Ferry, was at the residence Of Mr.. Reed Of
the evening in question, and, in oompan
with little brother of the young lady
was playing With q doubles-barrelledl shot
gun, when Miss Reed addressed him an
cauiioned him that he had better put up tn
gun, or he might shoot somebody. Alliso
thereupon, as we are informed, drew tn
gun up to his shoulder and idly remarkIe
that be would shoot her. when the gun wa
discharged and tho young lady fell to n
ground and expired instantly. having re
ceived the entire charge Of the gun IN iile
breast, some. Of tae. shot penstratlng ne
heart. -Charlestown, ". Va, "Sparat."
CIRCUS ACCIDENTS. The Huntington