, 1873-09-26

and from 90 900 to 10000 bsiles of Wheat. NY GUS
TONER'S IT, hayc tesegraphsd o me- t9ankng mo for ny
do At iii cost, tint thoy Will 'ses mo throiigh'"
TIE DnY nooba MEN.
financial orials is affecting trado IN this city, THE
ss9s S's M IL s S %
tho city. Tho frat ho1;Ho ca1lcd Upon NaH that Of
and Madison street. Mr. Letter, wlo was sitting at
Expressed ls readiness to givo 1e reporter any
Information 10 might ponaeaa Or any opinion lc might
" Srosht lis M bra to bear Upon tic aubjeot an
Rcrortor-1 havo Called 11r. Letter to olictt yo,,r
op!non upon The preacnt cr'aLa how long 1t Ia likely to
fr. I,oltcr--Vory Hapny tn tell you anything know
viii ss fI w ese Mss es% nH aRs
te,seyss wo of to wcs have no cause whatever to
lspoftcr1upon what do you bsae this hopeful Wow
nont tic condition of tho West IL moat tiorishing
We own al abundance Of thosc export naseriaa which
Enrore stnns in nso4 ot-whie se , cannot DO With.
r. better condition than to-day md Ia years sineo
s h e aes Ct '' e s '' eonn.r3 s9 s'' .
sass ssss,'s to 10 % sea1ea apen EXPERTS tIe ns1. M
SS s9no sn o5 NIT .,s 10 co9sero very sSg
dence Of tho general 6Ulycpcy Of tho con1erc1nt COM
1epsrter-Has tho crisis materially pfrcotod sou In
buslncss7
NJ. heiteE-1t has affected It somowhat, "a might
haa boeis lcssepel within the past G.y o. two Tho
condition of nusIness just ia seh that thcEo is
WaH aseaeou when nrortatiohs Of foreign merchandise
hnyo been, proporsionny, 10 small, when tho pro-
daet Of american manufacturers waa BOLD up go cloao
Tho reporter asked Mr. Letter wlat bo thought OF
TIC meeting o. t bankers aud tho conclusion they ar
Mr. Letter stated TINT Tho action Ind no influence for
either good or oyl to any extent The nature of tho rc-
uAMl1N, HALE GO.
Tho next honso Visited wna that Of Alcssrs. Hnmllu,
Hale b Co., On tue corner Of Frsnklin and Madison
busincsa experience at tho Bpoaal Of tho reporter,
who opSnea WI ~ M leSang Gaeson ~ 10 shatsene-
Mr 1iae-1 consider tho suspcnsion az to 'nrgo raY-
object Of this action Ii to hinder PARTIES ID smaller
glace Wio havo deposita in Chicago banks, from sud-
1seporter-Are deposits OF thta kind hold by ono
bank to largo extent to render this measaro
necessary?
Mr. llnle-l think 50. Chicago Inns becomo tho
ananeial eentre T. of ths Vest where Is Deposited tho
They keep here ready to invest in land or othos-
wise. whom tho favorable opportunity occutB. Tho
the suspension, shows that tho banks willing to do
all thoy can to avert trouble.
Hou1rtCrWhAt do you think or tho present atAto Of
NfIn!rs9
Mr. ifale-I consider the present suspension to be
merely nominal one, 1t ia no more Of 4 suspension
than ias been maintained by tho New York banka tor
noyDrni tiayB pnst,
Reportes-Vith regard to the oGeot Of tho craih On
trndc3
MIR, Hnle-Thnt is thing Which no ,nnn can FORE
tell favorable feature Of trac at present Ia the fact
TINT tho interior merchants layo on hand very light
stocks aud, "a . consruueuce trade will not he cun-
tractc 20 much ns IL it had occurred month 1ntcr or
If tho city merchants were carrying large veoels
consider hc tiaring headlines Of ,he newspapers uablo
for full aaro Of lie psnic. Too much was made Of
tho Clews fituro The article OF tho Times Of this
morunE waa Himr1y ridiculous think tic tendency
to tnokg auch conspc,,ous headlines and uee auch
startling angaKo n,lwarrautably Is calculated to do
much iarn, II makos iiiice,ities Which arc really
anlu look great and friHhtcus those who don't know
any batter,
gentleman III tho room vouchsufcd tho information
that lie had tlur!u Tho tay, hoorl tho Timed on soy-
eral occantons, severely commented ,pon III having
during the ranlc lack Of Judgment that was simply
Ltnentab,c
Thia was not nows, 30 Tho reporter 1novod to tho
corner Of Monroe and Franklin sfrcctp wncro stands
the squire, gruy edihco Of j. V. Farwel l. Co. Hero
he met
TIE HON. e. h, rARwE1t
rho anawered Ills interrogatorics in pleasant man.
ucr In response 10 tho question III 10 What hia opin-
io1 .yoa in reonri IL f1o crIaiB Mr. Tarwn11