The house of Medley, Scott, and Co. extensive bill-brokers, stopped
payment yesterday. Besides the business in London, they had a direct interest in two or three country banks ; which have either stopped payment or will be compelled to do so, in consequence of this event. The agency in London for these banks was conducted by Esdaile's house ; but, in consequence of what recently occurred there, has been transferred to others, or at least was under treaty for that purpose, when the stoppage occurred. These country banks are said to be of recent formation, and not to have entered, therefore, into very widely- spread engagements. One of the partners of the house has taken here- tofore a leading part in the establishment and management of the Pro- vincial Bank of Ireland, and he enjoyed some celebrity in the City for his experience in matters of that kind, which introduced him to and ob- tained for him the confidence of some of the leading hankers. Of the extent of their general engagements we have not heard any account that can be depended on.— 7'inies.
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