, 1869-09-30
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:. "a. ne xlrf' s.t':7""' 1a'7
The Situatisn.in Wall Street.
Progress Made I'll EGecslng Cola
f Settlements.
The Gold Exchange Bank in a
Critical Situation.
Its Afintrn Placed In the Hands
OF n Receiver.
Failures Of Prominent Houses An
nounced,

Special Despatch to Tue ch1cteo Tr1b1ae.
NEW Yong, Sept. u.
1H1 F1fCAHok N WALL eF2xEf.
Tho financial sklcs are Frightening somewhat,
oas are fet fAr from clear. The excitement ls
!ess Intense than yesterday, ana the c-oxI has
thinned OF partially IN tne vicinity Of The Gold
Room ana Stock Exchange Tho committees OF
twenty appointed yesterday WIZ At work iii night
aon Adjusted most Of tho statements pJaced" be-
lore them, 70 That the brofe1s are beginning to
know hoT thty ftxn1. Smith, Gould d Martin
was Inc only nfm that Refused to present state.
menl' AND he!t Fefnsal to do 10 has been one
cause o. tneif failure 10 ftaume husinca& This
hm holds about Elk millions OF :. gold. and
tho Gold Board u short about that amount,
Tho aFln wants tho hoard to bur thst eoid.
m&K11H 4ettlemant 1t 1as and pairing dtdtfeuces
but tue board declines, snd viii sndesrpf Ia IN.
toce Secretary Boutwell, to se1l stx millions, aud
mus enable Them to proceed without buying OF the
nsm' 1t ts generally oeneEed 1hat Smith, Gould
Martin viii not fall II they hsre uot lost tn the
Aggregate business Of last week, though large
snounts are due them from some operators, xua
they nave heavy Indebtedness to o,he,a. Proba-
n'y plan Will be Proposed to-mogros to hAsmo-
nf1c toe di6eFeuct between them aud the
Gold Hoard. The Gold EXCHANGE Bank
appeafs in : darker situation than fea,eria7.
and the general opinion Is tha. It cannot survive.
1t Ia understood 10 have loaned heaslly to Lock
HSe0 ~ wv R4A SkAEI9t AA&L Week. anu IE4 p0Ht-
roneuens Of sctt1luR the accounts Of tne Gold
Room was 70 give lockwood i Co, ttme to paY
up- IA lockwood 4 Co failed To-day, ths bank ta
not likely to get tta money, nnd Is nspl.al,.F III.
able TO pay what It owes 10 the Gold Room.
card u expected to-merEoH from the Preailent Of
the hunk, sa]ng II hAt not brpkep but Ia ontT in a
aiste Of snspenslon owing to the confusion
IN Friday 3 husiness It's atZalrs hayc been put
Into the bands Of receiver. Tna feeling
nv Ar Gt7%kh
delaytnG tile adjustment Of thclr difficulties and
resumption Of busineas- They haze stopped the
payment Of balances, lad hare lssue1 tujuncttous
aRsnst any other parties who bold their contracts
Tor gold, fcstralulng them from selling out under
the Eufu Of the board. The once Of ta,s lru, u
besltNtd BY II ANXIOUS crowd who are restrained
" policemen, anil only few peraon8 arc allowed
10 enteE. VERY little u known about failures. and
nearly All depends upon Smith, Gould Martin II
they make 10 settlement with the GotI
board there Will 10 many failures, and thcy
consent 10 an auicaois Adjustment thcse will be
eompafauyel5 few houses to 20 down. The ou!y
1atlafrs otllcta9l3 anpounced thus far are Lock
wood Gu, Julian Co, Chak L. Ae!Es L Son,
Rud Fuller, Trent Coz, Halt = dozen small
houses had their doors closed this afternoon, tut
Their action Il OF l!t'lc general importance. The
tod Room has resolved 70 open tomorrow; all
tsansact'nnh 10 ho e1.cleattnR house. The sock
AA@e+A*4AN A@1 I1"3tSt st8O2%lUuk ~ GC&l IL gold
IN t6e fooIn lately occupied ~ tho Open Hoard Of
hfuirF1- Dealings commence tomorrow an,i gold
IS TO br eiearcd IN tho aAuc WAY that etocts arc
now delivered.
srocxs
There was serY ra1,cky. Feeling in stocks carly
In tic dsT. New York Central touched 14s, aut!
others IN proportion, and there waa every ini.ca-
tion Of disastrous break, but later in tho tsy
the mope5 Etr.nRcncy wns eased by the purchase
Of 8, 90 coo IN bonds br the government. and the
rates lor borrowing and turning stocks declined
materially. Towards the cl0se Of business hours
money wns offered ut ref cent, aud the stock
ma1kes became comparatively huo5auL LcattEnx
stocks Advanced, but there we're no heavy sales,
The only Securities accepted for loans arc gor.
csnsncnts. Flax, Gould. and other leading butts
In Tho recent uppieasansnesa have not Jet ap.
pealel 0n tht stEeet
Jauea Flax, Jr., reiuscs TO make statement.
The Impression tonight IL that he will deny Eayln9
9!Ton any rcTbzl or Written order 10 anybodyto
ony gold. and wilt hold on 10 she h. he u To-
ported 10 hare made
VICTIM.
Webster, Of the New York TnA1. has lost
adh,ooo OF Wau assees, And is slo,Dov woesc tuan
nothing.
rHE GOLD R1cuAroz pAxK
AnEustus l. TtroTn has bccu sppoinsed receiver
Of tho Gold Exchange Bank.
j0ERNAIIR1fC.
lion. John nisrlow 1cavos tho Tinea Tonight,
They are to tFY subordinate ct.ttors, ono after
another. In hin poattou II they Iii fall there will
6c Chance Tor outatera,
cCnAK KEHR
Tue SHH has Al e1trn from tho Dlan:s sfe ID
Iaurro. OF fiAyauA. Of the e1st, copied from The
lnroTeiai Of the 18th, saJtnK that General raysna
with 600 men, was within two miles OF Trinidad
Preparing u, nstack tt. end has burned Al the
Spanish properly in the nelchborhnod.
TO THE ASSOClAE TED PRESS
AN0T1ExK IfJr*E7IJS.
StE f0KK. Sept. - An Injunction has been
!isnett ~ Judge Clarke. 10 the Case Of the Erie
defendants fTprn selling or dspostuk
q certain stock Of tho Cleveland t Pittsburgh, or
Toledo, Wabash Western Road.
f1lt1CSTERI
The Commercial says the steamship Alabama
went 70 sca Sunday With two hundred volunteers
Tor Cuba
CLAIMS AGAINST srAtT.
fT- Simmons waited on SecretaTY Fsh TO-DAY
Rnd T8s assured tfat eyery facl.tt5 In the power
of the government would te promptly granted 10
gain fun and ample redress for Rl damages he
sustained IN Cu6a.
COIL SALE
Al the auction Ea1e Of coal to-day the prlces
were materially lower.
pklAR17EH or GInti8E rEABonY FOE ICRorE.
George Peabody sailed in the steamer Scotia TO-
day Tor Europe.