The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-09-28
WALL. STREET
GOLD NORMALLY 13l TO l35.
MUTUAL SUSPENSION OF H0STIlITlES.
A Chaos in the Affairs Of the
Gold Gamblers.
>--o~~~~~~>~~~NcN~>~0~~
Glorious Harvest Prospect for
the lawyers.
D0lNGS IN THE GOLD ROOM

The storm has not abated. The dark ship OF
uncertainty rolls heavily on the financial sea OF Wall
street. FOR the time the course is lost no sun lights
up the way, and feeling Of dlstrust prevails. How
long the tempest may rage IL yet unknown There
are sunken rocks IN all directions, and that there
will DO many wrecks is beyond doubt. Some
already overheard have grasped the raws upon
the tide, and though floating TO destruction struggle
mady to drive away the thought Of their pending
fate. Meanwhile doubt is the characteristic feature
OF the affair, which, by the way, is generally
regarded with great suspicion. Aside from the
gold dabbers, with whom, II unfortunate nobody
will sympatlze the effect has been disastrous.
Owing to the continued deadlock in the Gold
Exchange Bank business has been seized with par
alysis and the moving foreign exchanges has been
checked, while IL has effected temporary panic IN
tile Stock Exchange. Moreover, the evil influences
OF this embarrassment are spreading the entire
country, and confidence IL completely shaken.
Great Indignation has been felt at the delay exhi-
bited In clearing up accounts 1t should be men,
toned that the brokers' statements for Thursdays
business were due at the bank on Friday. II appears
that at that time the statement Of William Beden &
Co., whose transactions in the speculation are looked
forward to with interest," II most desirable that
the complication Of their proceedings should be
quickly unraveled. 1t is contended by great
many parties that the Gold Exchange Bank
SHOULD nave at once lSeueQ nOtlncatlOn 10 BeldeN
h Go. to have their statement furnished, ana one of
the grounds OF complaint s that the bank failed to
make any Official notice IN reference to the matter
The bank was yesterday employed paying differ
ences due on Thursday's business IN the Gold Room.
Tie btterest feelings were unreservedy given
expression to. Anxiety and rage kept alive the
flame Of indignation which burned furlously the
entire day. To be sure there was not that wild
excitement which prevailed on Friday last The
speculation was reaching its mighty climax, but the
crash was then unknown. Gradually the fever
toned down, to be followed, however, by realiza-
ton Of the event. What the exact result was nobody
could well divine. The most conflicting feelings
stirred up the talent fuel. A distressing sensation
spread in all directions, ana nervousness supplied
the place Of the great derlum. There was o craving
for knowledge, a burning thirst for something, an
awful suspense, waiting for the verdict that should
determine their wealth or pauperisln. As early as
nine O'Clock this hum began. New street began to
assume 'livey appearance" and here and there
anxious human beings, some bald with care, their
heads being visible since not o few were hatless,
exercised their pedestrian qualities with remark
able results. The Cold Exchange Bank seemed
to be the magnet OF attraction. The probable
results of the speculation were earnestly discussed
and ia the course OF many excited debates The bank
came in for hard knocks generally. The great point
OF interest seemed to be the Beden & Co.'s state
mcnt, which all wished TO get glimpse of--a
pleasure. however that WAS unfortunately denied.
There was nevertheless manifested stern deter
mination to get hold Of it.