The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-09-23
sen Tort sold and stock NarA,t.

By Telegraph NEW York, Sept Y.
MoSEY-The scenes and excitement on
the Stock Exchange and in the Gold
Room to-day brings YIvldly to the minds
OF old spectators the surriDg hines on
/ Wall Street during the palmy days Of the
| rebellion. IN the morning the chief
events were panic in railway shares, de-
preston in Cover meets, decentralization
of foreign exchar &c, sJringeucy in money
and the great strength OF The gold market.
Amid the surrounding depresstons, the
principal centre Of attraction, early in the
day, was the lower hall OF the Stock EZ-
change, which presented a tumultuOus
assem- blage OF excited and anxious bro
kers, yelling in the most frantic manner,
all eager to sc theirstock and save them
selves from being wiped out along with
their customers margins. the slaughter
o the public by the large decline of the
day was great, and mas completely wiped
from ia surface OF Wall street an array
OF small Spectators on the bull side of the
paarket.
as the day wore along the excite
ment and activity IN the stock market
died out, and comparative quiet and dull
ness prevailed on the Stock Exchange
throughout the afternoon. The market IN
the Long Room exp -rienced dtfuI rallies,
anu there was considerable recovery from
the lowest point OF the morning, more es-
pecially on Vanderbilt stock; but an un-
settled feeling prevailed, and purchasers
were eager to recover short contracts. the
Bull element being severely crippled by
heavy losses consequent upon the decline
of the past few days, brokers are begin
ming to be alarmed for their remaining
margins, and as to the difficulty Of carry.
ing stocks in view OF the money strin-
gency and decreasing want of confidence.
In the afternoon the excitement was
transferred to the Gold Room, aad here
occurred scenes w teh riyalled those con
sequent ON the recent illness of Emperor
Napoleon. In the forenoon the panic in
the Stock Exchange induced a perfect
flood of short sales, which only caused a
decline OF . 10 a per cent After the Bears
stopped selling the market was firm, Al q
recovered the decline, where &c remained
TIL the afternoon.
The extraordinary hrmness Of the gold
premium in the face or the enormous
snort sales Of the morning, and the panic
on the Stock Exchange, alarmed some OF
the prominent bears, VINO began TO cover
their short contracts, when the market
iairIy bounded upward. The IN petus given
to the market by the attempt OF some
bears TO cover, started the upward m oVe-
ment with such rapidly that the crowd OF
brokers and spectators rushing into the
itself ana the passages leaaing TO II with a
frantic crowd almost GREATNESS with anZ-
iety The price advanced sharply from
3715 to 49,, and at the latter price bids were
on The fiOOr at one time for SIG 600 600 OF
gold The excitement was increased bv a
report that SIckles had presented an ulti.
matum TO the Spanish government on
the Cuban question. In the money mar
ket the striugency was equal to anything
ever known IN Wall Street. Seven per
cent. for gold was Tue usual rate. There
was a large and excited crowd in front OF
the Stock Exchange, engaged in buying
and selling money in the shape of turning
stocks. The rates paid were = to = per
cent. on the general run OF stocks. but on
the high prices OF stocks one per cent was
tue rate There is a complete tand stu in
the discount market, and II IS next 10 an
fmpossiDility for merchants 10 OBTAIN
ExCHANGE Sterling dull and heavy, |
almost unsal e. bic at 61zg71zi commercial |
GoT'1- Bu3yant and excited; market |
opened at I375z, fell to 1917, advanced TO |
I4i1S, closing at IA CARVING rates per 4
s9s 609 0CO The upward movement has /
been assisted by reports, founded on prt- |
LIE dispatches to the effect that nezot1a-
lions betw cen this country and spain, in 4
regard to Cuba, are likely TO result IN |
hostilitIes that Geo. Sickles has demand !
GoVERrSsfEN1s - Lower. but closed |
steady. Coupons Of 81, I201z9I2I; do. '62,
I2I1S9I22; do "a, I209l2O1<; do. '65, 1201z9 |
I2SsS: do. new, 1IS52alI954; do. 81, 1Ie5zg |
II9; do. '6s, 1ls@9lls54i IJ-40s, l051a9l04, :