The farmers' union. (Memphis, Mo.) 1891-1895, 1893-08-31
AND INDUSTRIAL

AT renver tie Union and Peoples Ma
tional Banks. which suspended on July l.
and II, respectively. u; eued their doors for
business at the regular hour Monday mora
ing. they having compiled with all the re-
puirement, OF the Comptroller II the Cur
rency. The three banks that have now
opened their doors have been enabled to
resume business hy the cert lfcatC- off, e
rost plan. These certificates have been
issued in small amounts and they are pass
ing current among 10. IA business houses As
cash. Each bank takes its own certificates
for accounts due 1t. The result has been d
very material relieving of the financial
stringency.
Treasurer NJ G. Curtain. of the Choc-
taw Nation. has made an ass Enmont. tying
up nearly million OF lease district money
recently received from the government.
His bond is only S3l.o0) and there are
many hints Of dark developments
james II. Walker. OF Chicago. has re-
signed president: and director OF the dry
goods company which bears his name.
The big lIavtmeycr sugar refinery at
Brooklyn, employing 1000 men, and at
fectinS about fifteen thousand persons de-
dcndent them. resumed work after a
few days shutdown. 1t had been expected
tIlat the WORKS WDuiu MOI resume ltF SfN -
eral months. and the news was received
with great re iocinI.
Chicago banks received $500. 600 in gold
from abroad and are beginning to make
loans or collateral.
i he MANAGERS; of al the lake and rail
lines In Buffalo have tele.ra phed the ir
Chicago agents instructions 10 accept no
less than 1l2c per bu or any grain from
Ii R,,T,
struct:ons created con,idera bic consterna-
ton among the agents, The concerted
movement OF all the railroad steamer lines
to get better rates on grain met no re
Spouse from the owners of outside boats.
and the City OF Paris. Parne.l. and the
City OF London were placed ut lc. The
London was for cats d. 4. Helm was OF
the opinion that boats could make or
rather save more rooney by lying idle than
to accept less than l l., cents for wheat,
with no Goa! to bring back. Nearly all the
steamers on the Armour Esan fleet have
gone into ordinary.
Samuel W. Clark. the leading lumber
dealer Of GAINESVILLE, Ohio. has made an as
Sicnment. His resources and liabilities
will approximate Sl.5oo,ooa.
The West Chicago Street Railroad
Company is said 10 be in need OF $1,000
900 to meet pressing obligations.
A statement By Receiver Becker. OF
the Milwaukee Fire and Marine Bank.
shows assets OF 3, 80, 20 and liabilities OF
s6..lo.3.4.
The creditors of Henry A. Hartley &
Co., Boston. carpets. oilclotEs, ETC., me,
and voted that If the firm did not go into
insolvency within twcnty-four hours the
creditors would force it Ia do Tn,
liabilities are stated to be SILL, 900 aud tn,
set. sl0i.ooo
r. G. Dun & Co, Weekly Review OF
Trade says:
There is "A rift in the clouds. Faint and
yet definite signs Of improvement are all
the better because they come. not from
possibly delusive hopes or from momentary
foreign aid, but from the gCOi sense and
the wonderful recuperative power OF the
people themselves Business is trying IL
&C ahead without waiting for Washington.
Imported gold-$9. OoO. 900 or more during
| the week-does not go to the right spot.
but the people are creating home m ade
currency for themselves by using certified
| checks in paying hands. selling local &C
| counts and purchasing grain and cotton.
| The bank circulation has increased 81. 600.
000 but the decrease on deposits OF ma
| tional banks alone from May 4 to July II
was $193. 100. $50. and during the last
month Withdrawals have also been heavy.
! Little money comes back as yet
| from t!mid boards. and the paralysis OF ex :
| change IS nearly as complete as over. but
! that very fact Iusnes each section and
| city into relying more on itself and less on
! Government and Wall street Many con-
| Germs are failing or closing. but resump-
| items are now becoming somewhat fire.
| quent. aud in the very shrinkaSe o: pro-
| auction men evidence that demand
must soon orer'ake supply. Wheat drags
| near the lowest figures ever known, in spite
o! decrease in visible supply. for. though
| western receipts are not large. stock OF
hand is far beyond the power # specula-
| tors 10 carry with rnoney markets In theii
| present condition. The movement Of corr
/ Is decidedly large. with crop prospects i'm
| proving.