Morning journal and courier., 1890-11-13
THE FsNAsoIALsrruArros.

-
 Temporary Suspension Of the North { River Bank - Its Doors Ordered
 Closed by the Bank Examfners-
 Jay Gould on the Union Pacific
 Railfpad-Gold Coin ssnd Bullion in
 Nh@ YoHK, Nov, 1a.@zNotwithstanding the announcement made early in the day that tie North River bank had tided over their losses of yesterday and made satis- factofy arrangements with the clearing house That institution elossd its doors at 2:15 and posted notice saying:
 "This bank has suspended temporarily D
 All efforts to obtain further information were futile. The doors were locked and admittance denied to all There were a number of depositors congregated in front of the entrance to the bank and they were much exercised over the sudden suspen- sion. It is believed that the reports of it's embarrassment yesterday caused many to withdraw their accounts to-day and that the drain was so heavy that the directors decided to suspend until the affairs of the bank could be investigated and it's exact condition ascertained. The uoWb nuu uOU T6dcu6u w dll Sbr6eL D6IOT6 the closing of the stock exchange.
 NEW YORK, Vov. 12.-The bank ex- aminer took charge of the North River bank at 2:55 p. m. and closed it's doors. The bank has capital of $200,- 900 and a surplus of $100, ,00O. In Satur- days bank statement it reported deposits of $1,075, ,000. It's outstanding loans amounted to $2, ,013, 900 and it held in re- serve only SIS, 900 in specie and $152, 900 in legal tenders.
 An excited crowd of depositors gathered in front of the bank this evening. The bank applied to-day to the clearing house for aloan ,and a committee was on the way to examine into the condition of the bank when it was learned that it was in the hands of the bank examiner. Assistant Examiners E. H. Cahil1 and Atterbury left the bank at 8 o'clock tonight. MT. Cahin said they had not concluded their exami- nation of the books and would not until Chief Examiner Preston had arrived. He telegraphed MT. Preston at Albany and ex- pected him to arrive at midnight. "We
 will resume the examination, " he said, "to- morrow, and may be in position to make . statement about noon."
 NEW YORK, Nov. 12.-Mr Gould this afternoon said that he had no interview with MT. Rockefeller or with Frederick Ames in regard to the control of the Union Pacific railroad company, but he
 said if anyone would go among the stock. holders of the company he would find that there is much dissatisfaction with the present management of the road, and he thought it not unlikely that the stock. holders would before long bring about 6 changeNin the methods of managing the property, which would result in great benefit to that road and to American rail roads generally.
 WASHINGTON, Nov. 12.-The statement showing the amount of gold coin and bull lion in the treasury and of gold certificates outstanding for the last ten days period ending to-day, which will be issued to- morrow, will show that the total gold in the treasury in coin and bullion to-day is l $293, ,514, ,150. Gold certificates in treas ury, $39, ,437, ,550. Gold certificates in cir .culation, $1S5, ,96s, 76o; Net gold in treas
 ury coin and bullion, $157, ,550, 1858.
 WASHINGTON, Nov. 12.-The amount oi silver offered for sale to the treasury to. day was 5000 ounces. The purchases aggregated 737, ,000 ounces af follows: "A, 900 ounces at $1.032, 38,000 ounces al l $1.0335, 1000 ounces at $1.034, 50, ,00( ounces at $1. .035, 100, ,000 ounces at $1 .0375 125, 900 ounces at $1.0385, 100000 ounces | at $1, ,O39, 5000 ounces at $1. .0393, 200, ,00C ounces at $1. .0395.
 NEW YORK, Nov. 12.-Joseph c. Wal
 colt, banker and broker, No. 32 Pint street, whose suspension was announced
 to-day in the Stock Exchange, did busi
 ness under the style of J. c. Walcott | Go. He had been member of the ex
 change since October, 1869. In 1871 h,
 formed 8 partnership as Clark, Walcott 1 Co.,, which continued until January | 1875 when they were sIlcceeded bv T c Walcott & Go. He has had several. part
 ners since then but has been alone in busi ness since December 31, 1888, when hi
 partner, Frank F. Dickinson, retired. II April last Mfr. Walcott claimed to b worth over $75,000. His business wa mainly in investment bonds and stocks.
 LONDON, Nov. 12.-The Bank of Franc
 will loan the Bank of England e2, ,0O0, ,000
 repayable next spring.