The New York herald., 1873-10-03
TIE CRISIS IN THE COUNTRY.
Financial Affairs I'm Washington.
WASHINGTON ID. O.. Oct. q 1873.


The financial situation in Washington remains
unchanged. AT all the banks to-day the deposits
exceeded the disbursements. Bank officials say
the advices from their New York correspondents
are highly encouraging. In q large number
OF instances depositors who gave notice
OF their intention TO withdraw their de-
posits have recalled these notices. AS an evidence
oil the turn OF the tide the banks instead OF lrom
them IL may be mentioned that 900 in green
backs were deposited at the National metropolitan
Bank to-day by one depositor. The business Ut tne
Clearing House four days amounts 10 only
about $4,000. The members OF the Controlling
Committee expressed the opinion at the close OF
the transactions last evening that the banks were
gaining strength much more rapidly than had been
expected.
Financial Troubles In Columbus, Ohio.
COLUMBUS, ohio, Oct, 2, 1s73
The financial situation here begins to look
little troubled. There was a disposition yesterday
on the part Of depositors to withdraw deposits,
and last night the bankers OF the city held "a
meeting All but two banks were represented.
1t was agreed to issue Clearing House certificates
contingent on agreement to this arrangement py
the Presidents OF the banks not represented. Al
meeting this morning and a subsequent meeting,
word was received that Hayden's Bank ana the
arrancement with the other banks The excite
ment is increasing and the disposition To wlthuraW
deposits Is still manifest
e. w. Clark & Co., of Philadelphia,
Solvent.
PHILADELPHIA, Pa, Oct. 2, 1873
At an adjourned meeting OF the creditors OF E.
w. Clark Co. q committee, which was appointed
to examine the assets and liabilities, reported
that the statements by the firm were correct, and
recommended that an extension be given. The
report was unanimously agreed to. A form OF
agreement was approved and signed by numerous
creditors including nearly all the largest amount
w q
ern assets in the form OF railroad bonds and real
estate which were not valued in the statement,
the tirm wishing to- show their ability to pay from
their own assets. The firm propose to pay IN ful,
with interest, in less than twelve months.
Certified Checks In Circulation IN St.
Louis.
ST. LOUIS, Oct. Q, 1874
large number OF merchants OF this city have
signed circular TO the effect that they win re-
ceve certified checks on st. Louis banks in pay
ment OF any Indebtedness or for any goods sup
plies of any kind that may be wanted 1t Is be-
lieved that this will restore confidence In all
departments OF trade and give an impetus to busi-
ness.
Matters Working Quietly In Cincinnati.
CINCINNATI, Oct. q 1873.
There is nothing particularly new here in fnan-
cia matters. Things are working quietly among
the bankers. rhe general markets are recovering
from depression, and the demand for some definite
action relative to early currency resumption is In
creasing.
The Merchants National Bank OF
Dubuque.
DUBUQUE, Iowa. Oct. 2 1873.
The stockholders OF the suspended Merchants
National Bank to-day elected c. II. Booth as
cashier, vice R. A. Babbage. and George W. Mitch
the banks afiars Mr.. Babpage's deialcation is
S267, ,0O0 and Sheileld's $4,000.