Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1873-09-29

y, Y FL
=, mr. The Conservatives Of the various
.D r,. Of the city are to meet at O'Clock to-
" .h, At The places designated in the notice
" |nb.re in the Gazette, for the purpose of
g. i0y delegates to attend the county con.
,,;,u 10 meet on the llth proximo to nomi-
''" candidates for the House of Delegates.
rur FINANCIAL SITUATION IN ALEXANDRIA.
r,s week which closed with Saturday was
49,, nIIe,t Of trial to the business community,
r;.n rerhaps, has ever occurred in our local
,.,,r, and it is to be hoped will ever occur
aim aud it is but justice to say that both on
=. mart OF the merchantile and manufacturing
,mmuuity, and the banks, was met in man
which must command the public respect,
.l;,sure confidence in the future. The banks
.,t, civ have, during the past week, paid
-, more currency than all the banks in Balti.
,,r. during the same period, and every man
., ir,o having money on deposit who has APP
,r.i t1r currency, has been paid enough to car
r. an ordinary business operations, pay off all
r;,b,pl, aud support his family. 10 no single
Instance. has an establishment whose credit &C.
,.,r, at the banks showed balance, failed to
-, m demand, either all that he had in bank,
=, II that was needed to pay off all his hands.
,nr statement to the contrary is without the
.,.lw If foundation. Of course an employer
,b, had no money iu the bank could not draw
,nr ru,, 1t is said with perfect truth that NC
I,,nr;up man went home last Saturday night
umn,ii, because of any stringency on the part
# ,he Alexandria banks. If any employee was
.ti unpaid it is not just TO blame the banks for
il The prospects for the present week may
l.. stated As follows: The First National Bank
will continue to pay in currency all checks OF
small amounts designed to be used for business
PURPOSES or the ueedful operations of life, and
will cash all checks Of depositors given to Ia
boriup men for wages actually due them. All
other deposites will be represented, if desired,
BY certified checks upon Alexandria, New lork,
Philadelphia or Baltimore.
The Citizens National Bank says that it is
stronger to-day than when the panic begun,
and is amply able to pay every ceut due de,
pastors aud leave large surplus. 1t will not,
hwcyer, pay large checks designed to draw
nr,ncy away from the town, or for the pur'
r>, OF speculation, but will cash, at call, the
chicks of all depoSitors drawn for Legitimate
business purposes, and here, as at the first
National Bank, if any deposition will give any
rmrIoyc a check on the bank for wages actual
N,!uc, it will be paid at once,
Tie Farmers and Mechanics Savings Bank
BASED upon the following agreement which
al the regular depostors have signed:
l'cpo,itors shall have the right to withdraw
their deposits at any time by giving thirty days
notice, 10 writing, of their intention but this
notice may be dispensed with. 10 the discretion
II the President or Cashier, and the same be
iil on demand but no less sum than five dol
hrs Of the capital of any depositor shall be
nthlrawn unless the whole sum deposited be
hss than that amount.
The notice required by this rule is not now
Dispensed with. lu all Cases where special agree
wants in writing have been made checks for
the payment Of laborers will be paid on pre-
Mnalluu.
Burke Il Herbert continue, as last week. Il
pay all drpositors in currency aud meet prompt
" all demands
Corse 4 Go. are paying small checks fol
hl,lnc>s purposes
City Treasurer Corse is paying the July 10
trr>t on the Corporation bonds, and all large
leu'aIdS on Corporation account In certified
checks. The teachers Of the public schools
anIior> police, aborers, &C., Of the Corpora
ton wl be paid in currency.
This statement is based upon the statement
81 the leading gentlemen connected with tn
Various banks and banking houses, and may b.
viewed as a fair exposition Of the financial situa
ton.