, 1877-09-20
The Farmers, Merchants g.
Mechanics Bank Sus-
pended.
A Bill TO Be Filed To-Day for a
Receiver.
Statement Of Mr.. Myers rs to the
Cause Of tho Suspension.
Tho Amount Duo $500 Deposit
ors IL About B6OO,OOO.
History Of tie Bank-A Hard Struggle
for Some Days.


iaS suesumoco* NY th's eoltapse s,'oo in""s'
'iolis ana thrifty pcrsohs nave been NJ teast
temporarily aepf'vesl OF *"n,oo' lncee nc.
nos'tofs averaged S"!o caeI' Inc nsn9 closed
It's doors Yesterday afternoon at . O'Clock, tho
hour fur business closing, and nothing
Of an exciting nnt,,rc-.nu crowd.
m fu,,-occnrrc,1 ,hn,,t n. d,or. A.
Nv .u0a~ovea''e" ",'oa1 ,',, IL" ooots !"
Indicate tue conditions of Affairs.
Tho failure was known to but few persons last
night, mil tic lnicli1renrc now prt,Iie,l wilt
conrcp Tho s,1 ,o+~. T., ,,,-,,. iii ~ ,t,, ,,or
-. NV '"- ~ "" ~ "."'' w. ~ '"e 0 W
anxious persons who Ind snoncv III the concern.
,ns, 0se ..s.,a us ~ Is'S ..s :" .sc Ut.
p1s'to.s ,.o.e'..5 u't.'ooo"' 'i'' "s1' ""o
interviewed bJ lew OF ......s.-.-
mil In tuforn,c,1 t,,n,l,, IN ,.,. ,,,.', l., i,
"aiu Ac ln'oFhlca LlcHllhhL MI WAN atout 10 o'
prepared and application made to the courts for
t,c annt,tnfmcnt DS n f,crirrr III. ,tisrt,.ra
tho c"n1;,I,, ~ otY.,,, T., ,l,a oo,,,ta,n.,, .rt
.nc eo''u't".. VI a'a.ta W t"e ee"11cneh' ann
M m,rc ~, onnl,c,,,nr for M. r,.ro,..r o,,,
3o'n , s, w'th 1 IN tho o'l'. '. MyeFs "as salts.
rouurr ,n,1 surrcn1rrc1 wIthout n f,,r,1,c.
...', o" IT. a.,t..,.. "% .t",. ~. t'n.
a,n,. giving notice 10 hts employcs Of
lie INN, ,,o.fur of ,hr h,n,, III, Tim
W. .ae nnal e'oen'E ol tnc n"h, te', Me
to hls home nt No. tGl nusi, street, where a
Tn,u,,rr renor.er. who laa lcar,rd of tho
failure, found hin.
Mr., Myers vas fot,nil last evening in his apart-
,ncr, m H.. th,r1 aaar - ,no",.". nna ,,.,n,v Ir
furnished one. He was h'lstiY cnEuEfs! over
some inaEi1scrtnt, and the srribc tool! d'vnch
topir that WIN acttstinr tho i,ank Jnanacrf's
mind. jio wr,,tr ra,Jiiy' nrra.,nno11v rrncai1nT
tba wor,la In tLry iii flt,u, bs nnmri}. a, In =
sto- tfm. r.. sr11.1,,n,f H. : ~, Ii r,,.. r' ~ '''
~>So.' "s'-N -. .''> .,'''''"sN-.
!, u,., xor a.,t - s-,,:n.. =, ,tn ao,o.,.o,.
nv cs @ ,sr vn - ,h 70 INC stc 10
LOT ~n'cn. r. 70 % IT .he past ny fcesni
m'sasResn. 81 !e hamK a's eSasstaeI "!d
+ SSss ID; T. ,; t., Y e.!
~ m In hays r.; nc
en sF'm n,r ny
,rhr. any nn,. ~ ihS In n ~ ,hn.s ,a,. ,r,,r
~ sa:f snasa:o:ed ( e r.ss!e '' asa p's'ss:
could institute u any Unforeseen moment blli
n ehanssty va pfepate1: aud to,l surrendered
and reasonable densnd. 4 not disturbed 1n 1ay
~ s"ua nsrI tns ays sstfsd tao
ss s sSen 'a ef
the II Louis panic, co.nmeneinr on the 17th Of
ny Inr .. tnc Shc .hc snss
tron1 aay ~ aaF. thIs . aoape rah'e 20 eomoii'
eateo !aaGsss taat INC nos. soMent aaa pest
ma 70 aSe
disposition to pay eonslsetahls a. sams q maney
supcrfe!nl obscrvctt. ,sa. s'mplT ths only incans
at ~ the Gon noesss M he we ie nns
/ should h.yc been enabled 10 do ha! 70! Iesn
prevented py tae.n hastJ anu, a. l mink. III
aaylss pfoess'.fs Ths ero'i,or. hax'ng sksn
ine II tss b.sas of Kessi'e! ..li sndsayor ~ 'o 'e
a:sis thc itece,fef 10 nss4 ~ nc most o.sos out
OF Tue s@.vyn asse; u ns nnssxa9 "nsos 9n
sholl ada 70 tnose as.sts, aa expect 10 remnina
sesidcn 1f ao - eoa'ao' 70 10 identified
WI Ths % sanA hare been largely in
loans on Improved Fcs! e.tate. and In making such
1s' " hss' " @ hsy fss
ayetnRcd anal. anu small percentage
oa Eood xalnstson. ana even Win thc shrink.
az ass" esa very assas a's
has besn never sS teew %n osSc: , , 6nt raast 10
~ ineh sah ast aTe. 70 ian tna 1nsy pseams Grac.
tical!y Gail lnanS. tnsse 'oahs Naio oceh PAU In
eol!a nave DI'aaea oSet utest e3ps!!ne SHY 'day
hn 9WnK H. c1a ~ rn ne H. oht" IT,. anis ws
from S'e,u ,ett y" ,Sse,. go, ~ ean" M asu'n 'heeo
resources "1thoat 1h out.s"ng q making ahy
~sn tor ye.f: 10 krsp QUO; ;ha,f the assc.. in
pahlse ssenfs.es sn sa.a means. shee ths ate q
unable to- dsre.s f,e1r :. a.as "SiGs 70 a!a
M IL. aa es
sss as|asss 5 t:s, y sss' ooo = ii!!s S,S::
ttan taoo. w ano asetssc @ anionna :" efet't Or
daeos XII dobs Whether iha ayeiar ia1,ns.
amonht*,o over slna PRE- prs1nnn W, that :ne'ihlrt n
a. 1 'e 1en ar enss tbIc bsa b.n "'so
CONSTANT pnA.N
xaer .s ~. o aesHs ess.. Of t taspo.:
not materially dseTcassd made grsak etfofts 70
meet tue needs Of aspos,'ors or t. thsoogK tho hard