The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-09-21
C0httnentals RApk wsFe thr0R1: ouE fYph,
the clearing Sfacs The BsaI ofs Moth

a Su6 ot0Gk Gx0naN8q ~ DlO0qus Bu n1eCt
tt0fcsll. The PrSsfd eht will -enablestte
members to,settle the defaication OF the
Union Trnat Company Ills rAnnftad
that Vanderbilt. is closeted with the di.
reotors. Quotations OF stocks impossi.
bic. President Chapman, OF the Stock
Exchange. forbids outside operations by
the members. upon penalty OF expui.;
sion. ,- -, -, 30
A. G. Cattell, agent of the syndicate
ct London, teless:aphs ssc.essss.:5Js I2.::sh.
ardson that their accounts are In perfect
| order. t
4 P. NJ. .-Alluding to the suspension
OF operations by members of the Stock
Exchange, the Euening Cypress says:
TOO much praise cannot be awarded to
tho men who conceived aud carried ont
this master stroke Of policy. Bedlam
was running loose. and the craze was
rapidly communicating itself to the ont.
side multitude. Nothing remained but
10 shut the door, and try and bring back
the bulls and bears aiike to eheir sensee." !"
The defalcation of the Union Trust
Company is S500.0OO. The Bank Of
North America has not suspended.
Western Union stock 81. The clearing
house announces it's inability to make
general clearance, on account OF dealers
inability to obtain properly certified
checks.
The bank presidents. at their meeting
this afternoon, passed resolution to
issue Immediately $40, ,O0O.O 900 in loau
TORONTO, September 2o.-H. ).
Morse q Co.. bankers, have suspended.
PHILADELPHIA. September 2O.-It is
r n M II
suspended.
ALBANY. September 90 1t is rumored
Sqnires Sons have suspended.
WASHINGTON. September 2O.--The
following failures are announced: Uniou
Banking Company, of Philadelphia;
Union Trust Company. A. Il. White &
o., 2. @. Broadhead, Ketchum e.
Belknap. New York.
Cotton quiet and nomiual-uplapds
1SA; Orleans 191s, new crop; futures
opened as follows: September Is 1-1G,
1875; October l756; November II TIC
Flour dull and heavy. Wheat nomi.
nally 2@3c. lower. Corn nominaIiv
1@2o. lower. Pork dull and nominal.
new mess 17.75@V.87ls. Lard dull
and IN buyers favor-cld steam 8 11-l6
@8A. Freights quiet. No stock quo.
tations to-day.
7 P. M.-Cotton-net receipts 2l7
bales; gross 2,491. Futures closed firm:
sales 800 bales. as follows: September
l91s; October 175s. II Ills; November
1799. II 7.l6; December 173s. II 7.I6
Cotton dull and nominal; sales 236
bales. at 1SA@191S. The monetary
panic unsettled the market for bread
|
scriptions ore nominally lower, with not
enough doing to fairly establish the
market. Flour sold in small lots to
local trade at 7.OO(aS 20 for common to
fair extra Southern; 825@11.OO for
good to choice ditto. Wheat dull. and
2(94c. lower. owing to difficulty in ne
gotlating exchange; shippers not in
market to any material e1tent-1. 1.46@
l:49 for Iowa spring; 1.45@1.72 Tor
1.70 for white. Pork quiet and easier
at l7.75C917.871s for new mess. Lard
lIowerI-S%(983S: Groceries quiet.
Freights quiet. No regular money mar
ket. Gold closed at l17s@l2. Go
vernments and States, nothing doing.
The Western markets show o general
halt in transactions, without any change
AUGUSTA, September 2O.-Cotton
dull and nominaI-middliDg 1917; re-
ceipts $50 bales; sales 225.
GALVESTON. September 2O.-Co,ton in
no demand-good ordinary l6I;; net
receipts 353 bales; stock $3.50.
BosroN, September 2O.-Cotton quiet
|-middling 203.l; net receipts 25 bales;
sales 90; stock 300.
CHARLESTON, September 2O.-Cotton
dull and nominal-middling 17h.(G17ai;
low middling IT; strict ordinary i6; net
receipts 81 bales; exports constwise 0I2;
sales 100; stock 4.74S.
W1LM1NoToS. September 20.-Cotton
steady 10; net receipts ITO
bales; sales22; stock 39S.
New ORLEANS, September 2O.-Cot-
ton very quiet-mid,lling 10; net re-.
ceipts 375 bales; gross GlS; exports to
Great Britain 1,ll9; coastwise 2,JSG;
sales 100; stock 8,l1O
SAVANNAH. September 20.-Cotton
quiet-middliug 17l55; net receipts 1l0
bales; sales 307; stock 6.l27.
LONDON. September 20-.Noon.--
The news from New York causes bet
ter feeling in American securities. 5s
OH.
LIVERPOOL. September 2O-Noon
Cotton dulI and npchnnoa3. 90 loo Co..