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[SUNDAY NIGHT'S DISPATCHES.] NEW YORK, September 21, 8:10 P. M.-President Grant and Secretary Richardson, have been in consultation with Vanderbilt and other leading capitalists, bankers and merchants since noon. No action reported yet. LATER-RESULT OF THE CONFERENCE, NEW YORK, September 21.-The following is the result of the conference at Avenue hotel, between the and others, as to of the remeans President the Fifth overcoming difficulties the best from the recent financial President positively sulting The declines disasters action to interfere in the matter, as any be of his in connection therewith would unconstitutional. committee of bankers and mercome down to to the government, chants proposition The had the to issue final $80,000,000 of the legal reserve. Reverdy Johnson is said to have given his opinion to the effect that to use the legal reserve is unconstitutional. Secretary Richardson opposes the placing at any considerable sum of the reserve To of the disposal of the New York banks. use his own words, quoted on the authority of one of the committee 'This, gentlemen, is not my funeral." VANDERBILT PAYS $2,000,000 INTO THE UNION TRUST COMPANY-GI ERAL CAUSE OF THE SUSPENSIONS CONDITION OF HEVARIOUSTRADES NEW YORK, September 21.-At a late hour last (Saturday) night, it was stated in one the clubs that Commodore Vanderbilt into the Union the day $2,000,000, the during had of paid Trust amount company due the by the Lake Shore road thus enabling Trust company to restime business Monday morning. The general cause of suspension on the of the banks and bankers yesterday part inability to convert securities into Even government not of except at be cash. was disposed the bonds immense officers could yester- loss. action of the bank difficulty is done away by depositing in the day, By Any the bank, this hands obtain with. of committee good securities, can amount of can an be in the clearing business the used equal certificates, which instead into of legal tenders. The certificates will go effect to-morrow (to-day). The dry goods men believe that Jay Cooke & Co. will pay the last cent of their liabilities. The tea trade is in a healthy cendition, nearly all of that branch of business being done through foreign bankers. The wholesale druggists fear nothing, in unless the stress continues. Sales other branches of trade run along in the same old channels. [TO-DAY'S DISPATCHES.] September 22.-It is offiannounced that Secretary continue to buy bonds at cially NEW will YORK, Richardson Richard- Saturson quotations. Secretary the last he did not see to do more than buy said day's power night bonds, he without had and offered, will be bought or " The government," the all delay 5-20s red tape." secretary says, trust company or loan is doubtful if congress and "is not it a would institution, power." sancsuch construction of my alludes to the using of 000 of the tion [The any above reserves.] $40,000, Thirty savings banks have resolved to rigidlv enforce the previous notice clause. The Union trust company is in the hands of The a receiver. New York stock exchange remains closed to-day. The manager of the clearing house says check passed through clearing will no every paid. He says the banks are in danger, be and that they were never stronger. is The suspension of Marvin & Brothers announced. All banks have pulled through except loan the two settling through the two committee. All the savings banks are having a run on them. The clearing house loan committee have issued $2,500,000 certified checks. The government has bought a million to in bonds. Large crowds are waiting sell. Montreal and Europe are buying stocks at the shrinkage. The gold exchange is closed, 112 has been established as the basis of settlement. The rate of interest is fixed at 7 for carry70-100. ing. The sub-treasury is buying 5-20s at Arun on the Seaman's bank has commenced. They pay all sums of $100 law's and under. Larger sums must wait the delay* WASHINGTON, September 22.-In President the of the morning, the called at the treasury department course Richardson. and had conference with Secretary a of it may be the fact The result that subsequently inferred secretary Associated from stated the of the New York to the President will do bethe law, but in no go within Press the that agent particular will anything main+ clear legal authority. He tain yond the safety of the treasury department, States protect the credit of the United financial and from the influences of the present London house. embarrassment. Jay Cooke reassures the solvency of the PHILADELPHIA, September 22. The the savings uks has subsided. run on September 22. The savings of the banks CHICAGO, give notice of the enforcement sixty days' notice.