Savannah morning news. [volume] (Savannah) 1868-1887, 1885-07-18
RUNS ON IRISH BANKS.
The EsIbeTn,sn B@nE Demands seven
Days Notice Before withdrawal

The Es3bsrnisu Bank Demands Seven
Days Notice Before Withdrawal
DuBllN, July 1I-The failure OF the
Munster bank hss caused a ran on other
Irish banks. The Hibernisn bank has
been compelled to require seven DAYS
notice Of an intention to withdraw de-
posits. The shares OF the bank declined
yesterday 60 l2s n a crisis occurs fn
the sfsirs OF the Bjberuian ba0k ID is
pr0ba bic that help will be given tbe instj-
tuition 10y the bank Of Ireland
The II berniap bank has - branches ia
Ireland The decline in the shares OF the
bank led 20 a rGm0r shat inside parties
were throwing stock on the market AT =
big loss in order to save themselves from
future emharrS Sssments, A run ON the
hank was commenced. and its doors were
bos,egeG with depOsitove anxious 20 draw
their money out Of TIE concern. 10 is
hoped that Icy the expiration OF she weeks
notice which is legally required oi de-
posit0rs the scare Will have at least par
italy subsided. aud that the bank will
have realized suficieut money on ts ae-
sets 60 promptly meet All demands from
its patrons. The people protest against
the action Of the banks ofhcials reQuil-
iug a weeks notice, and the excitement
Of the situation, left hNrriedly for the
seaside to avoid associ0tine himself with
the demonstrations OF depostors.
The paruellites hove not vet communi-
Gated with the government on the subject
of the Munster bank.
CONFIDENCE IN THE BANK.
LIMERICK, July 1T,--At a meeting oi
shareholders and depositors o-day reso-
luton was adopted expressing unahatcd
confidence in Che Munster bank Mr..
Shsw's proposition, not 70 withdraw de-
posits FOR six months, was agreed to.
CkRN ARvON's coon OFFICES.
The Earl oC Carnarvon, Lord Lieuten-
ant, has publicly announced that he will
recommend that the government give all
reasonable help TO the Munster bank.
ACTING ON MIR. sHAw's rLAN.
Cork. July 17.-Thc committee az
shareholders OF the Munster bank appoint
ed Yesterday to devise means for adjust
ing the affairs Of the institution have an
proved the proposal made bv Mr. Shaw go
borrow nuhlcient money In England %
hqUidate the banks present indebtedness.
The directors have Issued an appeal to
the shareholders ot the bank, calling upon
them 70 attend general meeting to-m0r-
row in Dublin TO be held in support Of Mr..
Shsws motion.
Dun a CO.'S IMPORT
NEW YORK. July 1.-THE bueineas
failures 0cC0rring throughout the country
during the last week, as reported to H. G..
Dun & Co.'s Mercantile Agency, num-
her for the United States 20g and for
Canada 49, total Of 225 against i35 last
week and 24 the week previous. There
ia some increase noted iu the number of
assignments in all sections of the c0up-
try, except New York city aud Canada,
where the failures are fsy and uuimpor-
taut.
ATTACHMENTS AGAINST AN IEON COM
PANY.
SHARON, PA, July IT, Executions
were issued on Thursday asainst the
Wheeler Iron Company Of this place to
the amount Of over $4,000 The sheriff
nae attached the property of the 6rm,
which conaista pf rolling mill at Mid
dlegex, a company store, aud number ~
company houses IN the same town. The
company thought uf converting the mill
into q steel min this fnll