Pioche daily record. [volume] (Pioche, Nev.) 1872-1876, 1873-09-23
Telegraphic Dispatches
SPECIAL To THE p1ocHE DAILY Rrconn.

Eastern Dispatches,
The Financial Condition--s1ore sus-
pensions and Failures - Yellow
Fever Abating--A Better Feeling
An Financial Circles--The Yellow
Fever ON the wane--5-2O Bonds to
he Purchased.
Nav YonK, Sept. 90.
The Union Trust Company has sus.
pended.
The sub-Treasurer has been instructed |
to purchase ten millions of bonds to-day
This strengthens the market and creates
better feeling. Prominent men think
the worst is over.
The Union Bank at Philadelphia has
failed.
Stocks are going up and down lively.
The State and city funds are untouched,
they having no connection with Jay
Gould 4 Co. The suspension of Fisk &
Hatch will probably emba rrass Hoboken
Savings Bank, which had large sum on
deposit with Fisk & Hatch for safe keep
ing. The failures of Kitcham & Belknap
and E. C. Morehead are the latest re-
ported. The National Bank of the Com
monwealth has suspended, also SAKE &
Rogers.
PHILADELPHIA, Sept. 20.
The excitement here is subsiding and
confidence is returning. The Union
Banking Company has suspended for
few days.
Jay Cookies clerks are preparing
statement to lay before the members of
the firm on the arrival of the steamer
Russia with two members on board.
New YORK, Sept. 81.
New suspensions-Toussig & Fisher.
P. NJ. Myers, Miller & Walsh, Joseph
Laurens, Fearing & Dellinger, Williams
& Bostwick.
MEMPHIS, Sept. 20.
Weather favorable for sufferers of yell
low fever. The physicians think the
disease abating.
New YORK, Sept. 81.
The Bank Of North America hos not
suspended. The announcement of the
suspension of the Union Trust Company
and the Bank Of the Commonwealth Gre
ated an excitement beyond description.
The Stock Exchange resembled a mad
house. There were some cool and level
headed men who conceived the idea of
initiating the Vienna plan OF closing the
exchange and governing committee.
Immediately after the board was called
to order the exchange closed till further
orders. This was received with Joy, and
the exchange resounded with cheers.
$2,S63, COO in bonds were accepted from
to 11A. All offers of bonds under TX
are accepted by the Government.
BosroN, Sept. 20.
The financial alarm in New York is the
principal topic here, but SO far it don't
interfere with business.
ALBANY, Sept. 20.
7. c. Squire g. Co., bankers, have sus-
pended till further advices from New
York.
New YORK, Sept. 20.
A Committee of Bank Presidents, APP.
pointed to perfect plan of relief in the
present conditions of affairs, is composed
of 7. D. Tappan, G. B. Levergne, Geo.
S. Coe, and G. F. Hunter.
Secretary Richardson has instructed
the Assistant Treasurer here to purchase
ten millions of bonds at private sales
Similar instructions have issued in Phila.
delphia. A committee of bank men have
perfected plan for the protection of the
banks i'll the present panic. The effec
Of this action is to enable all the solvent
part of the financial community to con
vert their assets into money, and without
any sacrifice to themselves. This CAV,
rise to a feeling of confidence on thu
street, and no additional failures are
likely to occur, and the impression is tina
the panic is over.
ST. LOUIS, Sept. 20.
Taussig, Comp g. Co. have suspended
1t is announced that they will resume il
a few days.
CHICAGO, Sept. 20.
The panic in New York has slight,
affected the price of grain, and caused I
dullness on Change, but has caused
comparatively little excitement.
BURLINGTON, Iowa, Sept. 20.
A fire early this morning destroyed thu
extensive lumber yard of Gilbert, Hedg,
g. Co., valued at 1920, 900. and "a houses
The entire loss is about 5000, 1000.
The Orchard City Savings Bank ha
suspended.
New YORK, Sept. %.
! The clearing house statement show
that all the banks have made their clear
ing satisfactorily.
The general feeling is decidedly better
and there is considerable inquiry fo
stocks.
All foreign markets strong, with bet
ter feeling.
MEMPHIS, Sept. %.
There was marked falling off il
deaths from yellow fever yesterday. thu
total number of interments being 10, o
which 9 only died Of yellow fever. Lead
ing physicians think the abatement O.
the disease certain.
New York, Sept. %.
The business of the Union Trust Co
is in the hands Of q receiver, and state
ment of its affairs is being prepared tc
lay before the creditors.
A better feeling prevails, but there i,
no telling what an hour may bring forth
The following notice has been issued
The New York Stock Exchange will re-
main closed to-day. A meeting OF the
| Governing Commiftae will he hsld r.