The Sun. — 1841-03-04 (London, England)

FEB. 6.—The banks held an informal future last night, at which, however, no conclusion as to the sill e ,course to be pursued by them was agreed upon. There the ,chats considerable excitement here on the subject, althourgah liasi 'Mil" to-day in no respect equals that of yesterday i)re .Y Tore owing to the exhausted means of bill holdersp to 't,- ""em, than from any increased confidence of the publicks l‘r‘l'ekarterocut of the panic. The notes of many of the ban Thyn?_st.wholly redet med. that banks still continue pretty much the same course as 1/111,." sued yesterday ; all of them redeem. their. five dollar specie their tens, and some meet all their circulation with °I thefeoSolne mark checks, and others pay them by the notes At th wn and other banks. lt • e Philadel hia Bank notes of $6 and $lO were paid in : eplge--e ftohronsteboefra lacer dnednoimnination were received in exof debts. Demands I; kit'ardkeEosits were met bay, the paymentnotes of other institutions and At ti;°g checks ' wand. bete e United States Bank there was still to-day larae %ere si, nf Persons, and, though it paid Vs fives as yesaterdt4e, ot, w-a, not a very serious sb aught upon its funds, from ouht_ atkedi e Illiagine, that there are not at this time many were lc ask niig• Its checks were met by. its own notes, dor we °ell eI good.' The latter alternative was not desire ,as Atteththey are not at any of the banks received on deposit. %Isla e Partners' and Mechanics' Bank there was also a IN u,erable crowd of persons. All demands of ten dollars. and ,Natteieevire_lnet in specie, and on larger amounts a portion of , so;m. 'l4 glven• when desired. Checks were either marked °old ~.°" paid in the notes of other banks, at the option of the k' e:. rhe great object seemed to be accommodating as far Th. consistent with its means. 'of dap Alechanics' Bank pays its notes of $5. The demannt ,;41tb'i.tOlsre discharged by its own notes of $l.O and upgeed geed? the notes of other banks, and by marking check, Alla ever There were but few persons at the Mechanics' .Bank,. At ,sYthlng like a' run' upon it seemed to have subsided: 1_454 1,;-"e Moyamensing Bank there were a number ofspdenr_--"as , otese—nlinrg specie, Mph was met so far as related to 1 ssall a, sssi.lsef aY. denomination above that were not touched.d kites ere were either marked ' good,' or paid in its own an 0f otlaer 4l the p banks. .. 'of m_. Pennsylvania Bank there were also a goodly num‘t the A!° stn which were met and disposed of precisely as . At 'rYamensing Bank. 141. As dune Southwark Bank very little was doing,. and specie 1/J4ol:r-11a! bills was paid. Checks were paid in the notes geoi , institutions. Up to one o'clock none had been marked , At ,titeePt by request. Jests*, e Girard Bank there was nothing like_ the crowd of .4t 44 "Y ; Yet there were snore persons about it to-day than. e °f the the United States. All its r,. dei,__ other banks, except 'steel, '''lr notes that were presented were promptly paid. ete*d ' tiNn it were marked ' good.' When the bank abatit Yestera. the —v, at three o'clock, there was a heavy pressd ttillecis e counter clamorous for specie. These were all eln•cls forhe building, their demands satisfied, and let out at the degt th • orQ• eWe Batik all its notes were paid, of whatever ttlbi osieltil.ati,n,°, ceept when presentsd by individuals in a large °Os, o„ ,i,epositors were paid in the notes of other institudll ',°Y marking checks' good.' t-'lll:(lseitetr.B4,,°f Penn tosvnsiiip redeems its fives, and pays it) Psper ,s.ss OVIII paper above that denomination, and in 41titi,, ,°' t•ther banks. It has avoided the practice of , Th,.Nreks ,g,d. 4)111' notes anufacturers' and Mechanics' Bank pays its five (k'd•'' Pays to depositors other bills, and marks checks Ilte to Ida 4tse. rik of the Northern Liberties pursues a similar l'•Kenn;t,2-nes i.,o,__igton. Bank does the same. ''ecks 1., U°Oercial Bank redeems all its notes in specie , Iles 1:1?° it are paid in other notes, or are marked 'good.'. Veassteet'ef"th4e a; strong feeling of disapprobation entertsinedf by st city banks towards the United States Bank, or 14thereh - sUspension, and all of them have refused her paper, It ',,. re that of almost all the country banks. 111.4 t t" will be een, by what is stated above, that all the banks esesks° or three are engaged in the old practice of marking i., Ivh ita.l-:;:eseeillia4tUis;;Yentao: known on Thursday evening that the United 'tt instil l'.l. ad su• tatted it was resolved to cut loose from rdiscard its p' apoern,naanndirapenonese_ed in the payment ly agreed that all t's;sitZ' between theitawnaks be settled up in spec,e before ,nviintlei t../toottnn Friday morning. This was faithful complied 'eltitr, Ilthe banks, and by the small Western lied parr..4°o(cnieh Paid to various instituttons some $40,0_00.0 ao_r 'gees 5.,.,;, but when its d mands were made on the 111 y 1)4111,-,1 ."411k0 the Manufacturers'inotneise,v, and Mechanics' Bank, and Null': ant)ther, the sas faithlessly violated and the We5t5,,,,0,40 withheld. Yet in the face of these failures, the • tx1111; qtittl..k e_oritinues.the same. 4tit t° dies of the United States' Bank are selling at a dis1_ A st,,lls'aY for specie of 15 per cent. Zist lii" of the name of Sheets, a labourer, committed suicide `4.oogrtt,ieu the upper part of the city by scooting himself (Coel heart. Want of business was the cause. 4, littltAtres Pondence of the Courier-and Inquirer.) 1 04tI-*