, 1873-09-21

ally dosiros ns 4, a.y TINT Ia h,s M,
cont thoro publicly Or privately, nor Inns he any monov
anywhere that In i'll danger.
Gov. nartranft arrived to-t1ay. but ,os mn ancc,.
mission. N "fNo''
Tho scono ln
TIE STOCK HOARD
to-day was very exciting, tl,ern betnn
many brokers present, n,lfi all wrro
greatly oxcitcd. Tho sceno was almoat
indcacfbahlo. Nun flying around TIM roo,u
shouting hemselvoH iloarao, throwing their hata m
yelling, thr,isttng up thoir landa, b!lng aetltuv
ose.' requiring constant uae Of tho gavel by
tho President to mnntain what did mi
evon approach ordor. Tho First uoard oponcd
With worry buoyant feeling, with
large sales Of Reading and pennslvsnn tho sttor bo
ing IN great dcmnna. Presently tho boarB got control
ena began hoayy movement, which tho bulls resisted
tenaclonaly. Thon. however, disastrous newa camo
from Now York Of hoavy falls In Stocks and tho bulls
gave way to tho bears, allowing tho latter
tusl control for wlhlc. Whom tho pressure ccasod
tho bulls wont in again and hold the market stoaly
Tho frm Of Carlyle, on Third street, umau oper-
ators, failcd carly In tho day.
Tho Stock Exchange has not closo1. uotit further
orders from tho President, all operations In Tho areot
an prohibited On penalty Of expulsion.
Ho1DKNTALs THE DAY.
3cstordAT afternoon 8 rl,mor obtained curronoy
shat ths night broker Of No. 1876 South Third street,
and mambor Of tho Board, had boon obeetl Ia
snspend, mud In tho hurry and exotic
mehs 1t ohtainct1 place In somo
-. ~ 'no evening Papers. Wo arc happy to stato
tha hoFo was no foundation whnteyer for tho renort
hF. knight woathercd tho storm OF Yesterday secnus
3aly and waH thon as ho Ia now, "a sound a. week
sgo.
The 8roas house Of Dre1c h Co., No 50 gou.h Third
stroot remains rs stable a rock. All tho morning
their oflco hHs been crowded, but tho rim has bccn
for tho purpoao OF getting rid OF money and not to
tp1at1 10
ment OF their currency havo boon obliged
70 tako their placcs in long limo mud walt their turn
Tor chance to rasH thelr money oyor tho counter.
fohnaylVans appears to havo been tho fayorlte stock
sought and tho operations Of the Drc1cs In 1t have
bccn worry largo.
lowing statement: 'Wo have 1argo numbor OF
oopoaitora to whom allow nor cent and. IN
aoait'on, wo haVo very lnrgo country corresponds
ence. Universal dtstruss, which tho oyonts Of
m no past fow days has caused, soizcd
~ ~ ho4aeFa OF o1r rarer tho
interior md brought them down upon ,,s Tho resu1t
was that NO wcro drained. We expected this but moi
70 the degree that waa roafzod. Wo have long limo
OF call loans, and from this no hoped to realize
enough to carry na through. We aro now
engaged upon formal statement, but probably
VIII not havo It finished before Monday about noon''
This statement In oil very good, but It is y decided
opinion, formed from conversation vita Gomo OF tho
most eminent auanciers in this city, that tho Qy,r
will
NEvEn RECOVER.
at present. can state good substantial authority
that they cannot ray 40 por cent.
AN INTERVIEW WITH HANK PRESIDENT.
Immediately upon tho reception Of tho uewa OF tho
promised action of tue Secretary Of tho Treasury n
rcaabie friend Of mno called tho President OF the
bank or North America, and cleaned the following:
Mr. F.-Thc Bscrotary Of tho Treasury has ANNOUNCE,
ed that IL tho so,ooo 600 which 1e Inns act aoas will
not roovo the community ho will iasio $40 QUO Of
Groenbacks, which viii bo Tho on Of that procedure
hlr. 6mih-That ia rs you look Mt It, II tho Scc-
rctary Of tho Treasury intends to place tho
III cur depositories for tho Of tho banks the re-
Lief will undoubtedly bo folt, md with tho antici-.
patcd result, but If ho merely intends to buy
up that amount Of hve-twopty bonds, 1t Ia doubtful
whether TINT result will 10 achieved.
Mr.. F.-Why7
hIr. snith-Bccause, in tho present distressed con-
dion Of tho community the people 1oze cou-
hucnco In corporations and securities, mud
hold to their bonds as the surest
Investment they hayo. These It Is doubtful they
will part with to amount sufficient to haye tho ef-
feet that III desired, Us tho Government will ouly buy
these bonda. It will 10 seen TINT tho
Secretary cannot get . largo quantity Of
them. A large amount Of grecnbacks cannot
In this way bo roleasod II no intends to placo tho
money that the banks call haro the uso Of It, then
tho relief will certainly come.
FEANB.
1t Is feared that tho excitement will beagai removed
on Monday. Many Of my commercial friculs
In Wilmington and e1sowlcre lsavo been In town to-
day. Some drew their flnls md ohesa concluded to
wait. hcaF that number scm.ng here on
Monday from Reading pottsvillc, Chester etc. Rcsi
douts OF Camden, NJ j., fearfully excited, and
firmly beliero hat not twenty Of ita realleuts hnye,
failed to draw their accounts.
(To the -dss9ctafed Iress.1
FAILURES,
Pn11ADgLru1A, Sept. 20-The Union Banking Com.
pany has failed. This hank has State charter ind
boro heavy run yesterday.
At jay Coole's tho clerks arc p,eparIur abatement
to Dc laid before tho members OF tho hrrl on the ar
rival Of tho prtssia board Of which are two of tho
partnor3.