The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-07-23

~ at all, with the greatest reluctance. Thi
| course is certain to react upon CHICAGO whei
business returns to it's normal condition.
The general situation was aggravated to-da!
by the suspension Of an important nations
| bank In Milwaukee and another In Louisville
| The first " said to have been conservative,
managed, and it's suspension. II IL understood
Is due in rart to the embarrassment oil tbs
Schlessinger syndicate. The event made
deep i'm pression, because the bank 10 one o.
the oldest in the country. having been
organized In 1862. and II withstood the
manic OF '73 and subsequent disasters. The
Iouisyille bnnk was q very respectable insti-
tuition, which had become extended by It's ad-
yances on whiskey. The chief Importance oil
these and minor failures is that they embar-
rass the work OF making collections. In conso-
ouence OF which serious curtailment oil
credits has taken place; that is. large pro-
portion OF the exchanges Of the country are
now takon by the banks only for collection.
whereas heretofore nearly every item was
credited to the account OF the depositorse Be-
sides. these suspensions lock UP In the sRgre-
gate a vast amount OF capital
So far ms New York Is concerned II 10 not
likely to have any difficulty in meeting all the
demands that may be made upon It. provided.
OF course. all OF the Associated Banks pursue
an enlightened and reasonable course. 1t 10
to he regretted, however. that the manage
ment OF two or three OF the Clearing House
banks Ia characterized by q degree OF mar
rowness and cowardice suggestive OF the
methods pursued at Chicago. The New
York banks have at their disposal
volume OF Clearing House certificates.
large part OF which has not yet been used.
edua, ~, an' smeisons ,, ~ t,,,
iihely 10 hhve OF Inoif ulepv mr.
" o'i',e ',., ,'i s",...
hnahcia' Ionui''one' m"." 49, 800. -,
arc CERTAIN W "'oe'o,". 'nI ps.t,,T. ~.
su"p'e p,o'u y. p .., .a,,,.tor. -
'hey NAV. ~ 'np u. ~. n.oan,to
eouu"'' I".se ,,,
win Wow Vi "u."".'us
VII wv ''oos i,No""nse ., - .;.a
~ -. ',. 81, .,tr,ord;n,rv
op..a,, . M nv e n..' .a ~. ~. Ex.honaa an.
a"'"o'1' $1,000 ~ .ho;r oo,,or
~, .oa..' DC INV A. puos,aont +oNdny
~ .o' a'a.' ana To,hanna n,ov IN Too
,"a, .,o " nr,n.s Their action
i"i III ...,i '.o' 70 " Az, ,ano,rs,on
VI 20 &c. NV, I,t,I,ira,t ord
,eAeneu ,onS aSou no my AZ. ni.n ,hat
Droau.i'lin"eu oanN oI ,,ah ala ror ,orhaar.
wv s..u". aV, 10 ons ~n,i"
"noo 90 We, as w. a,. 81, ~. stoor
opeiut'ohe ~, ono'' 49,
: ~, 90 ~ :" or -, ,onnr;
i"il' no 40 A. ..ntions ,rhar
We vi 10 ~ 49,. - aanro.s nr;o.o
s ~ ~ ,a..rn.s -, tbors.nda
~. y, '.,.;n, =. q. no,,aot,v notur.l
vi no'usie ~ i, a,,,is ~ 49,
'hat "o - ~. at. avn
ealu'u WV" " -,.ia,,,. T. Ia
a.. 81. odronto,. =, IN.
one .''.H w UNI ta,.;.o
~ .,, ."' ,,u,.;a. g. .ha ar,rorota
VI .ne no'. y, 90 .naror,to nm unsortmn.ta
w. ~ -" -. ,.o', th.t huu,on ,n,anuitv
oaa.'.,.. - 80 :, "sa ransons thoss men,hers
Gun ueS.se r'an '"e ,rho.a ;ndono.nt nas q,
VI .he $50 =. W. n-ot n'r. ~ ~ thsmsaIves
late proseu ~ pe .oiie.. wv w ,,hi.h .h,,
nol less .nan W ~, .ne ..a nas.r,,nt mnon thsir
are part " p'"'' 'o'n' 'e''i"N' A
a,aileo o.r,oa,,.,
oehefAi ou'in'sS' n,.h,, ,;.,an
:, quo iopo'''' - ~, -. a., Iii, I,.;o.. -,
IMAM ohe "ou'u n"'e. , "" va NEUTRALITY-SUSPICIOUS. =.
!, eton",io n n 49, 49," s,.t.,hrtio, =,
20 poe' ~ 1870 ~ 49, ,.nor,s roforred
e'ap'e soouS u.ot - 49, =. haui, ~.
" anu Sniaa. L. dr.
.'i"hseo anu s.o
iurHeH " .n s...,.,,.. th.I.
~ enu ' ~, -. .ntod n this
e.oeNe ~ ~ asa .S. i,n,id.tIon ho. now
column "eeA aso .ne 49, nss anoh haod,..
Deoonhe % sene'ai "nu 80 s.'a..II. 80
.hh' even .ne nope oIs w. w -. shnsrn.n
t ., y, onk,oos y, 80 1891
oiI'ei a". "au u D. 49, go. aa,,.ina
nno'eliien. VI y, o""sD. a.n , .onort;ons
INC nc nv ee 100 Nv. 49,. 49, ns ~
.nn' i'",s ,, c'n.n. 49, =, .au, 1900
inc "oriu pe'''o'o"' WV ''' -
ID uhuer way. .,.,us.
io,ouS s'ooh "aih.. wac uu .e 81
barely hn,' uoIen e'oeAs sau 10 q. 90
act'e ihe no'' pton o'A ~.
whicn sustained het ios' VI -. 1c,s sen" ~
the others. western Onlon hock islana' anu
Erie closed = cent lower. more note
worthy net declines. yet on light trans