, 1879-08-10
CANADA.
A Iuu In the Excitement Caused by the
Bank Suspensions.

| A. Luu In the Excitement Caused by the
/ Bank Suspensions.
| Epecfal Dispatch to TIE It!eune
MONTREAL, Aug. 9.-The quictncss that pre-
walls IN financial circles to-day was. striking
contrast to the excitement Of yesterday. From
noon all senblanee OF a run on the City &
! District Savings Bank ceased, and although the
| Office vas kept open an hour laser than usual
to accommodate any anxious customers, yet
| there wereno Withdrawals: The aggregate paid
out by the head Office and its branches
throughout the city yesterday amounted tu
! S41S,00o. a considerable portion OF the money
! taken out yesterday was brought back to.
| day, and It is more than likely that
! if the Directors agree to nav the interest,
nearly the whole amount will be restored inside
| Of week.
| a number Of depositors from the country
came in this morning, but, their inquiries as to
the solvency Of the pank resulting satisfactorily,
very few applied for their money.
| Notwithstanding the panic, the amount de-
! posted by the regular customers OF The bank
Yesterday was 50 600 in excess OF ordinary days.
Some OF the poor people who withdrew their
deposits we're robbed By pckpocsets before they
got home, one unfortunate woman having S457
taken from her Immediately after lenring the
| bank.
The clergy of all denominations aided mate
rally in restoring confidence and allaying the
excitement by giving counsel to the people. Dr..
Hingston's speech yesterday had also much to
do with quteting the fears, as great confidence
is placed in him BY the timtd. The interest
saved to the bank BY the run is $500.
The Directors Of the Vile Marie Bank have
held several meetings, but have not yet finally
determined upon what course they will take.
The general opinion is that the bank will go
into liquidation.
The run upon the Hochelaga Bank only
amounted to a few thousand dollars. The
Directors insist that they are prepared for any
pressure brought against them.
The feeling in financial and business circles
to-day was generally the reverse of Yesterday.
People take 3 much!more hopeful REV OF fdt-
ure prospects, and think trade will be much
strengthened aud advanced by the elimination
Of rotten bsnks and unsound traders. The
quotations for Consolidated and Exchange Bank
bills continued to-day at from IS cents to 80
cents, and Vile Marie at Is cents to 50 cents.
NJ. H. Gault, II. r, President OF the Exchange
Bank, W1ll 60 to Toronto and Hamilton on
Monday, with the object OF transferring the
agencies Of the bank. He says no bank could
hare withstood such run in proportion to its
Special Dispatch to NE Tribune
HAMILTON. Aug. 9.--Since the failure Of three
OF the Canadian banks in such quick succession,
people generally who have funds deposited any
where are, getting very uneasy. 1t is not sur
prising, therefore, that during the past few days
there has been slight run on the Bank Of
Hamilton. All calls have, however, been
promptly met, and no doubt will continue to be
while The scare lasts. ~
The insurance companies have paid the loss
sustained by the burning OF the McInnis' build
ing -$66.000
To the Western Associated Pr-ss
MONTREAL, Aug. "a nights rest and re-
Election renewed confidence in the stability
tttct Savings Bunk keeping open until late
hour last night until every one in attendance
was paid contributed in great measure to the
present quiet. The doors we're thrown open
About fifty people we're in waiting, and their
demands were promptly met. The run con-
tinued in modified form until II. At noon I
there were not dozen persons at the counter,
most Of whom we're returning to the babk the
money they had withdrawn yesterday. The
aggregate Of amount disoursed to depositors up
to the closing hour last night was $250, 700. 1t
is now evident that the bank has surmounted
the difficulty.
The Vile Marie Bank is still closed, but the
officers say they will reopen in few days; when
sufficient amount is realized from securities
to meet all demands.
There Is a noderate run on the Hochelaia
Bank, but the Directors assert that they will
hare no difficulty in meeting the requirements.
There Is much better feeling all round, and
only the banks which had for a considerable
time lost public confidence hare succumbed.
business, c"mparatiyely suspended yesterday.
has been resumed.
WAuBAsHESE, Ont, Aug. 9.-Ars. Bison
and cnlld we're fatally burned BY yarnfsh which
was heating becoming isnited-
ST. JoHN, y. B., Aug. 9.-The departure Of
the GoVernor-Genera and Princess Louise Tor
frederlcRton to-day was the occasion of a
very hearty demonstration on the part Of the
populace.
DOMESTIC TRAGEDY.
SAN FRANCISCO, Cal, Aug. 9.-John Camp
bell, young farmer near Stockton, shot his
brother-n-law, Brewer, killing him Instantly.