New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-22

Russia as two Of the partners on board
Of her. The Russia Is expected to arrive on Monday
No further failures are reported here. The STOCK
Board continues business as usual.
TIE TEXAS PACIFIC AND PENNSYLVANIA CENTRAL"
PHILADELPHIA, Sept 20.-For ten days past
reports have been current that the Pennsylvania Rail
road Company had become indorsers paper 10 the
amount OF about s20OOo raise money for the con-
strueton Of the Texas Pacific Railway Of which
notes. for large amount, matured yesterday. Fears
were entertained that the excitement Thursday might
induce those concerned let the go protest to be
followed by default Of payment OF all the other notes
as they successfully matured. The note due yesterday
was, however paid. and the several indorsers have
agreed TO divide the responsibility, and take up all the
notes in their ORDER they able to do all being
Of wealth Had been announced that any promi-
nent man connected with the Pennsylvania Railroad
had to protest, 1t would have been impossible to
separate the company from the discredt of individuals
and much injury might have resulted And yet there Is
financial connection between the Pennsylvania Rail-
road and the Texas Pacific Railroad.
SUSPENSION OF A BANKING-HoUsE IN ST. LOUIS
ST. LOUIS, Sept. 20.--Messrs Taussig, Gemp
90. Of this city closed their doors this afternoon after
the announcement of the failure OF their Eew-York
house Messrs Taussig Fisher & Co. They confident
of being able in few days. and that no
will lose dollar by them. This house dealt pretty
extensively In railroad securities their account
The feeling here to-day regarding monetary affairs In
New-York has been more anxious and apprehenslVe
than yesterday but still there has been alarm
excitement The banks have curtaed their discounts
but slightly. majority OF all good paper Is passed
promptly. and there to be little distrust
The markets Change to-day good deal unset
tied, and corn and oats declined cent two and II
difficult sell any article, but this the result
of uneasy feeling and desire to hold of until sead
ness is again restored rather than alarm.
SUSPENSION or THE FRANKLIN BANK IN CHICAGO.
CHICAGO, Sept. 20.-The Franklin Bank,
private banking institution, OF Madison and
Dearborn-sts closed its doors to-day, being unable TO
settle at the Clearinghouse. The amount short was
only $1,000 s. A. Briggs, President OF the concern
states that their embarrassment is merely temporary
1t is stated that majority OF the teachers OF the pubic
schools are depositors bank therefore, its early
resumption is especially to be hoped for.
SUSPENSION OF A LARGE LEATHER FIRM IN MAssA-
CHUsETTs.
Boston, Sept. 20.-On Wednesday last the
firm of Horace Conn & Co.. of Woburn, Mass extensive
leather manufacturers, suspended payment Their Ia
btes amount to 100000 and it is estimated that their
assets are $4,000 Since the suspenon Horace Conn
the senior partner, has disappeared, causing great
anxiety TO his family aud friends. Search has been
made in all directions.
BANK SUSPENSION IN ToRoRTo.
ToRoNTo, Sept. 20.-H. j. Morse g. Go.
bankers and brokers in this city, have suspended
payment, owing to the failure OF jay Cooke Co.. ana
other prominent houses in New York.
SUSPENSION OF AN ALBANY BANK
ALBANY, Sept. 20.-T. Squire g. Co., bank
ers the public their temporary suspension
until further advices from New-York.
SUSPENSION OF AN IOWA BANK
BURLINGTON, Iowa, Sept. 2O.-Ihe City
Savings Bank suspended at 1920 p. m, to-day.
no FAILURES IN CINCINNATI.
CINCINNATI, Sept. 20.-The feeling in finan-
cial circles here continues to be OF confidence
Third st. to-day has been free from excitement, though
the intelligence from New York has been watched with
great interest and been freely discussed No paper
has gone TO protest and the banks generally have been
carving for their customers Though the past two days
have been diligently used in preparing for every pos
sible emergency, the merchants and moneyed men Of
the city almost uniformly believe that Cincinnati VIII
not he seriously affected by the storm which raging IN
the East.
MONTREAL UNDISTURBED.
MONTREAL, Sept. 20.-The only effect here
of the panic IN York has been to make the bankers
more cautions less willing let out their funds. which
are ample for all legitimate commercial demands. The
discount rate for good bills varies from to per cent
according to the standing OF names.
BOSTON UNTROUBLED
BosToN, Sept 20.-The financial crash IN
New-York Is the principal subject discussed throughout
the city, but far does not appear TO Interfere Win tho
ordinary run Of business
IFor Later Ners Of TIE financial Crsb s,e First Pagel
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