, 1873-09-24


:,
llon In tho banks. II thoy Ind all been paying ous
gold, they would have been compelled to auBpend.'
Great trouble caugod by largo amounts Of worh-
lcsa railroad bonts aud stocks In tho marriott
AT THE FOURTH RATIONAL
tho aspect Of things Ind greatly chauged anco Mons
day. Thero were fow persons ut tho paying-tofer'a
desk, hut thcro long limo Of dcpostors at tho
window Of tho rcccivingte rcaclig half around
tho bank. At o'clock tho no het not boon short
euod, and lalf an hour lator 1t wna unchanged.
[To tie associated Irtss.1
NEW yonE, Sort 21.-Up to O'Clock this afternoon
tho monetary siation might 1lavo been summed lip
In scutonco, "Conatlouce Is rnstorpd,o Tho banls
woro conducting business IN usual but Just as tho
streot was bogiun!u9 10 feel that tho en Of tho panio
had been reached Tho na;nful rutuor Btar!cd at twenty
minutes to o'clock, that the ho,.so Of
HENRY olESs 4 co. 1Ap susrEspEp,
An soon as tho announcement wns made TINT the doors
Of tho banking-houso soro caosod, largo crowd coll
1ectcd in front af tho bu;idIno Tho word Tint cir
checks wore refused ,mymont At tho fourth
National Bank reached tho house nbout nlf.
mast o'clock md thu cosu1 of tts loors followed tna
announcement II In atoc1 lint m arrangement will
bo ,nat,e bv ,xh,rh an cnr]v rrau,uptinn will ID
effected an there nro abundant oocritlo, in nopuesy1op
of thu house. Immediately nftcr The closing Of tlt
doors. number Of prominont caralIss were eagerly
seeking Mr. Olews. WHO was not ]u lila Office. and
Ags,ertscr ro rr1, ruuoun1.
tho ay would undoubtedly 11avc beon uyon had thcra
been any susptcon that tlle BANK would refuse tna
payment Of Henry olevs Co.'s cllecia.
Tho fact Of tho suspension created much oxcttc.
mcnt M tho susnr,siou Of jaw Coo,o l. CO, Tho uewa
~. t, a..s - H., w. ~ ," o - 80 ~ ,t'I ~
Of great cxce1nont aud the beaway made tn rcstor-
Ing confidence wan in a 0,cat measure lost.
Tho run on tho Eay,ugg banks continued to-day but
n,oat Of them noptcl tho tn1c-re for payiny de-
rostoss, tho excitement soon aunsiaoa. Whenever
to flrav ren,,}re n few i,untjrc;l t,,1,,r.
It yon n,,s,vr.a r,,nrnsr.n
tho banka accommodate thom but, where excitement
ca'lsoa tho withdrawal, tho banha do not obse. At
1"cns u 'ho une.rno resh1dihg me drawing o. de'
poaa was demanded by their largest dcpo14tors and,
acsoun. Several or tho 1nrucst ana aro uar;ng @ nl
.1cmands w;tfont rco,r1 tn enonnt so,o If ,,n
~ n4'4'o"' - A'9aA" ~ "'1oAl''' 'o4ao y. '''oIo
people III brooklyn became alarmed regarding thcr
money in various savings bants, and drew it out.
AaHwsrArEn or1s1os.
manic 10 lar all roht. It must bo rone,n,eroa how
% @ Ss ~h ns he asse s seeonas s o
stockE1change firms having, by Of tho closing
ur Of tho Exchange bcon suspended, rhcso firm
nso ~ 1esh, oov "ee'nts Will p"nAs. rt
aaYa anu saturdaya business ut tho stocS-E1chango
has Bt!ll to bo Bcttled shond the Exchange open,
nonoy.lcntcrB who ta7o failed to rot rcapouHcs IN
1oona coo ,oht rua,, T., md forca s,,o. ,r1or th,
,s,.,,11 ,r's,n .,an, aan'.,, s.4 s
RUE, which fRoutd thro" everything into pan1o again
and 1nJnro tho banks. To prcyont snch stato Of
AFFAIRS 1t has uaon recommended that the Governing
7o,,rrt,+oo .,.,t,t , .v,, .,.,,It,. l.. .o.
oonl4''''cc oppoa. i" eoo"eoh'inls.eo to-uo'1o"
10 prescribe regulations by Which Hettlcmensa
may DO nude beforo tho Exchange Ia opcued,
norrorors ~ ,ra,t ,.roa ~ nnntro,,a r,,.,, ~ rat
~ ~ .ien' fatieo ~ eon'tae'a "''n IL" ue0
HbcfAy anu t0ruearaflce III III CONSISTENT without Ab~
soutely sacrificing legal rights Tcrp Will untlobt-
cdly 10 found n,ercicss class who will; demand thcI1
-. - r,. Iii. -. .,.,. ,,., ~. :. T.. -.
po"!" "a neaa' m' VI "4lno's p''o" Wv IL - io1
tho in'cFcat OF a that concession should 10 mAde fot
tho public COOL, which now emplatcasy moans tht
GOOD of tn1lyi,1uals Wo trust that tho Commlttc,
9ri,1 oct nro,rn,v m +rfa suroo.t,orn n
WIN aet ptot'l"1y o'l 'ha s"Geestion'
TIL: WHEHf"11HAL TO PURCHASE noNps.