New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-29
they have determined open their doors NJ once au
res1mntion OF business This bank will accordingly
open fOr business at 10 o'clock this morning; -.

they have determined TO open their doors At once Io
resumption OF business. This bank Will sccord'"s'
open for business at 10 o'clock tins morning. o,a.,,
g. I. WHEELER, Wee President
GEORGE A. IVES. Cashier.
This ia accompanied by written paper slgned ny Az
the resident pledgng their personal resDns
biity for payment Of all deposits OF tno p,n PAM N
the examination OF the accounts ana securities o. en
Institution preparatory 70 an a t6e
be held before banking hours To determine as 70
future aonoh' nneae deroSie cash on hand they
will business at once ana open ther dOOis ~, "
full resumption The assumptions OF business ana tle
influx of currency have frightened the skies here
greatly. The Tribune says, editoraiiy' Oinorio"
Now il the depostors will exercise the reasonable
prudence demanded by the situation and warranted ny
the solyency OF banks they will not only get the
greenbacks they need sooner, but they VIII re-.
establish the agencies Of their own credit ibls WIZ
Enable 6a them to gg on DOING ing 5at
last Friday. and the enormous and steady lhhuX Oh
OF the advantage there will be IN sustaining all the
banks for the few days they will need It,
CHICAGO BANK PRosPECrs-ANoTHER SUSPENSION
THE LOAN CERTIFICATE PLAN ADOPTED.
CHICAGO, Sept. 27.-At the Clearing house
meeting which continued to early hour this morning
the suspended banks permitted 10 vote. Mr. Cool
baugh handed in communication TO the public signed by
the President and Directors of the Union National Bank
saying they would hold themselves personally response
bic inyiduals. for the payment OF all deposits now
held by the bank. which may hereafter be made with
it, Mr.. CoobauSh stated that no had been advised that
the banks in Cincinnati and st. Louis dong bust
ness On other than currency basis. He believed, IN
view of the change by these cities. that would be
impossible for Chicago to do business currency
basis as IL would be for II To do business for the sur
rounding country gold basis. For the information
Ct those present he would say that entire assets OF
the bank amounted to s3J00O0 $4,000 OF which
doubtful. In GO days A.0)O0OO would mature aud
at the present time there IN bank sl.OOO0Oo.
1t was announced, this morning, tnat the Third
National Bank had suspended. At meeting OF the
Clearing house Association, tonight. committee was
appointed draft plan tor the issue of loan certih
Gates to be used In the Clearing house IN the settlement
of balances.
Sept 2S-The Clearinghouse Association Of this city
held an adjourned meeting last night, which at
tended by representatives OF all The banks belonging 10
the association including those mat suspended on FRI
day and yesterday The committee appointed on Friday
night To consider and report plan similar to that
adopted in NowYOrk and other cities providing Tor the
of loan certificates, and the payment OF checks
through the ghouse only submitted two reports
which essentially the same. the only difference being
that recommended the adoption OF the New YORK
plan In all its details whle the other mo
adoption of NewIOrk plan. or something similar TO
10. After long discussion, IN wAlch INC representa-
ton OF either OF the reports cOth reports were tDe1
The situation here is therefore essentially Unchanged
considerable amount Of currency arrived mere yeSer
day. large portion OF when went ht the DihS, anu
has drain upon ELMER national
savings insIltutlOs oOho vi tne suSPci0t "" ~ ~ ~,
early resumption. and only one, th9 MLh9iac
turers National. admits that IT Will go into liquidation
and this that viii he aDe 20 pay dollar for
dollar. The people generally are very quiet ana there
to be confidence among Dahkt. Ih"l WIN pIuIo
management ami no further trouble East thcy VIII DC
aDL TO pun through.
CHEAP TRANSPORTATION-A NATIONAL CONYEN-
TON CALLED.
CHICAGO, Sept. 28.-The State Central Com
mttee OF the Illinois State Farmers Association have
issued call to Farmers Clubs Oranges, Farmers AssO
Citations Agricultural Societies Boards Of Agriculture
and other organizations Of the industrial classes
OF the United States requesting them to send
from their own numbers, identified with their
interest one delegate from each organization to meet
IN Chicago 3D. for the purpose Of discussing the
prevailing overcharges in transportation, TO insure
a perfect organization of the AGRICULTURAL ana
other industrial classes who chiefly suffer from
these Oyercharges IN every State, Territory, and
province in me country with a view OF throwing COM
bned and overwhelming influence against future eXac-
tons and 10 take such shall prompt
and efficient legislation that shall end in the complete
extinction OF an railroad other mOnOpOes now prey
ing on the productive interests OF America.