The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1873-09-22

lIf1 ftlll4 - ~ = -1sAllllt I y bAiN ~
lp6sIf, 3, stIi'bo1ts - Ihsy were IeA
la, Uhls ths IVAN street steps of o
building resHEbisd mss nesting. Sel
Atnf M6rtoD, d lndiapa, wash The TTeal
ury ShGA d 3 Jtop u were real
RANK o., N0Eil AlIlIIcA TnoWa on
Ths eirth u he BAuk9 Nort
Amariea haTC been thrown out Of p
clearing hoRsS TAb gave rtSe % .
lrumof oliiK6upenslO1. 2; IS
1oaSCslfiTIcAfRA
The aRGnk Efaiasnn have pesAed I
resOluiioa 10 isns Immediately tn NIL
hons N han eStlle4teS-
ImhkinS titErlc1 'DEEALcATJoR.
The delAIcti6a IN tie Union Trls
Company 5 ah 70 be tS00. .oOO, and II
Secretary ChRI0 7. Carleton, the 10
ported fdslppletg Il ALSO sAid be ha'
WHAT THR FATIOXAL TKugfco, EAY.
The NGsioult Trust CompEpY ssy they
could haye bpt up ipaynae1t day,
They clui IA tba street fhis morning
Win thliri. lios, but Could dnd Be
tifnlaFl n ! lilejdnt ot 30 10 opel
cent Ttsy Feldii 10 sell Gt such sacrifice
and suspended br better protection oi
themselves and clStomes.
BOND lccEPTAHcEs.
2.4S3,0OO boods were accepted from 100
10 III %, All ptigs Of bOndi under llle6
are accepted b tAe Government.
ruR R1LERs oY BONDS.
New YoRE Sept. e0-Ths following
were the selles Of Government bonds 70.
day; NsuschAhk q Co, sos, 900; Francis
II. Walker sea, 1900; Sweet a Co,
II 500; WesloL& q -DeE3illier 5000; George
F. Baker 147,.0o Vermyle & Co, 5O0,-
900; W. T. Hatch & Son 460. 900; Reid q
Content IS, 400; Chase i HlggInson l00,.
900; Wood & DRis 100000. Total 81
lsofuEs sf0EFaal,pufl a;Ios 4ptsr co.
Another story in connection with the
suspension OF he Union Trust Company
Ia that the exciknent Of yesterday so un'
neryed the Secretary that instead oi CALI
ing In 5000, 900 be made mistake and
only called tor $4,000, thus leaving the
compapy Wtth6u funds and causing IL
suspension. The friends oi the Secretary
are positive thAlaS.AAs- no participation
in any dslaIcaiiOs tllst may have occur
red N that Insttntiun. IL is undeT1tOod
The company bis called In $2000,000 oi
its loans a lAge number OF holders oi
Union Trust Company paper visited the
Manhattan Banl Today, but as no fnnds
had been depdlted 10 the credit Of the
company they we're compelled to returu
without money! Mr.. HGrberger, cashier
ct the bank, codd not positively say how
much MONEY. .ha( bean paid yesterday 70
those holding dlecks OF the Trust Com
pany, He thought the amount largely ex-
ceeded i've hundred thousand dollars
He considered de directors Of the ConA
pauy had takena sensible course by sus'
pending until Monday, and said they
were making n extraordinary effort tc
convert their sIcnrities into money, Hf
thought tho difficulties OF the institution
could be overcome when their securities
were convertedinto greenbacks.
HtK q HATCH.
G1n tho ofies, ,6l Fisk 3 Hatch the lol-
flowing notice ! posted: "Dralts drawn
by Preston, Kean h Co., Of Chicago on
lRiik GS Hatch will be honored by Messrs,
81 Ahahsst, AlIhn 10. % Pine street"
Mr.. Merrill Secretary d The Nstiosal
Trust Company when questioned said The
Company Is perfectlysound and declared
that no deposilors would lose a cent, The
collalerals oil the Company he added
were sound as any institution could make
them.
MORE .ABoUr THE UNION TRUST 90. DE-
PALcATIoN.
NRw YORK, Sept. 20.-Tbe Commercial
says II was not known that Carleton, the
Secretary Of tne Union Trust Company
was deiaulter until some time yesterday
afternoon, when his absence began 10 gtvC
ise 10 snSplcions. He remained at hli
dear until twelve O'Clock yesterday, con-
Serstpg freely, but exhibiting signs Of fex
element and trepidation. BE left tht
Trust Company office saying he was tot
uuwell 10 remGiu, and desired some rest
When Il was necessary 10 consult him II
regard 10 certain matters he was not to b
found; and then Il was that the Trustees
began 70 suspect he was deiaulter
Under 4. q hurried examination init
his iaftirs Il. som became quit
certain that he had been uslnl
the securities Of the company io
hEsoPn Perso1al purposes. he Lad mad
loans tD'relattyes land friends on secu
fiues which were regarded rs yery
doubtful, One loan Of SEQ, 900 was To- hi
father, the REV Dr.. Carleton, of.tht
Methodist Book Concern notoriety. Tht
security Ior the one loan, It is understood
Is good, but there are Others that are 81 nj
great value. He had bis iavorites Anionl
the brokers, and loaned large amounts 4
them on securities thEt Il will be dlHlcul
TO realize on, and this fact, 1t is supposed
led the trustees TO close their doors tht
morning and secure time to make thor
ough examination into the, assets and 90
cnffty offh6 company. II e. MelIilnowl
that Carleton has had almost the entirt
management Of this great financial insti'
tuition. Tho President, Mr.. Nottingham
has been absent In Europe since early II
the spring. Carleton was regarded as
thoroughly honest and exemplary younl
man. He has been Secretary, ,oi the UnioI
Trust Company since 1900, and The con
cern has grown 10 be IN immense finan'
cial institution under his secretaryshiT
The company, tits understood, hold larg
blocks Of Lake Shore securities and IN
less oopmodore Vanderbilt steps In an
gives relief there Is but little hope tha
the Union Trust Company will open 70
business on Monday. -,
THB hank PRESIDENTS coNMITFBB.
The Committee Of Bank Presidents
appointed 10 perfect plan Of relief Il
the present condition Of Aftilrs Is compoG
ed Of Frederick D. Tappan, Y. B. Lew
George 8. Colo and Q. r. Hunter.
sEc'Y McHARDSoN OoEs TO NEW YoRl
A special dispatch from Washingto
says Secretary Richardson leaves Wash
inaton this evening for New York.
conference will be held tomorrow morn
ing at the Sub. Treasury 10 de,eTmin
what action he will take In the matter.
The payments made to-day by 1 th
Manhattan Banking Company, on &C
| -. ~. TT.s... hT,..,R Na..Ss... =.