The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1873-09-25
BY TELEc RAP ~,
ASSOCIATED PRESS REPORT
exclusively to the Intelli gencer.,
By the Western Union Lane.
,m,o NortRvcst cor. Of Main and Monroe sts)
NERVOUS FEELING. IN new YORK
->- s3g'Glsfn4
stock Exchange Still Closed
----SiesJ
STREET SALES OF STOCK.
SUSPENSION OF H0vgEs
& MACY .i9 y, i,,.. - 81. II.
.-y.fg It got. r7T ~. D.
The Suspensions at Petersburg and
Richmond. ,.a.5i.,
~ III l--Islll Drog ..-.Hr.
q. - - --ia-Ers y .ti
s1|spENsIoN OBJ tOLEwS'
LONDON HOUSE.
NERVOUS FEELING IN new YORK
Stock Exchange Still Closed
STREET SALES OF STOCK.
SUSPENSION OF HovEs
& MACY. +, y5.. 5;,t.' ~ ,s'
The Suspensions at Petersburg and
Richmond. ,-.a.5l.,
sUspENsIoN OBJ 'OLEwS'
LONDON HOUSE,.
Afternoon Report.

Afternoon Report. -aa u
Ngw York, Sept. 24.-The Governing
Committee has decided not 10 open tn
Stock Exchange to-day. 49, ~, = "
No bonds were offered at the sub Treas
ury up 10 this time. The feeling on tn
s,reet Is rather nervous. The broker
have congregated in front Of the Stool
Exchange but little or no business wa
done. The opening quotations were Cen
tral, OF offered; Rock Island, SO offered
Western Union, 90 bid, "a asked; Pacific
Mail, 80 bid, 35 asked; Union, Pacific, 81
bid; L. l., 80 bid. ~
A meeting Of the Bank Presidents u
now in session, considering the measures
to be taken in the present emergency.
Howes s. Macy have suspended: Thi
Is the first effect Of the suspension yester.
DAY Of Henry Clews & Go. Il was on.
Of the houses mentioned In the rumors q!
likely to weather the present storm. Th'
eject Of its suspension Is now closely
watched. Other houses are reported u
be embarrassed, the rumor having beer
right this time. Mr.. Macy Stated yester-
day, that the house oi Howes u Macy
was not in the slightest danger Of suspen-
sion. This Is an old fogy bank, said MIR
Macy, and Is not at all embarrassed by
psnics. - ,,,.
Mr.. Macy said that the only explanation
Of their suspension was that which ap'
piled under the existing circumstances to
all the firms having large number OF
depositors. Such houses must suspend.
His firm had yielded to the inevitable re.
suit Of the present financial alarm, and
would resnme when quiet was restored.
The Sub. Treasurer has bought this
morning almost 81, 100000 Of bonds.
The Bank Presidents have decided to
issue another $4,000 900 loan certificates.
Gold 1l1sa1l14.
The Clearings House Bank, at a meet
Ing to-day, resolved not to pay out any
more currency, but to certify all checks
at the Clearings House only. This is In
tended TO prevent any lock up Of green
backs. il Is understood, however, that q
small check will be paid as usual. The
rule to apply 10 checks Of larger amounts.
PHILADELPHIA, Sept. 24-No failures
reported at Allentown, Bethlehem OF
Harrisburg, Pennsylvania, or Trenton
New Jersey. 80 ~.
New YORK, Sept. 24.-The Sub. Treas,
urey purchased one million and o hall
bonds up to this hour, 1880 PM. 80
NEW YORK, Sept. 24.-The money
panic has blocked business. Shippers OK.
perience great difficulty in selling and ex.
changing, and there Is not enough doing a,
the Produce Exchange to establish prices.
Cash buyers can obtain material conces-
sions Cotton 19i cents. Middling up.
land flour, receipts 10000 bbls; sales
5000 bbls at SO 40a7 10; extra State 80 40
as 10. ~. ~
New YORK, Sept. 24.-An effort !,
making by the Sub. Treasury to distribute
the greenbacks as much as possible and
no more is being supplied to the Savings
BsnSs than their needs require. .r,.t
An Exchange has been opened at III
Broadway for the sale Of stock and bonds
for cash. A large crowd is In attendance
The members Of the clearing houses al
Smeeting to-day In relation TO issuing an.
other ten millions OF loan certificates and
suspend the payment Of currency In large
amounts, resolved to standby each other
with. all their interest and 10 expel- any
bank failing so to do. Each member oi
the loan committee was made commit
Tee Of one to find out where ten millions
Of government bonds or any part OF that
amount can be purchased. The Pfesi-
dent and Secretary OF the Treasury have
been asked TO anticipate payment on lht
bonded indebtedness Of the Government
not matured. ..., ma. .,.a
The following are thelatest cash prices
on the street for stocks: New York Cen
tal SS to Oh, Harlem 1903 to 105, Erie 5(
TO bS, Lake Shore IS to 70: Wabash 4E
10 45, Northwestern 40 to AZ, milwaukee,
h ST. Paul 80 to 33, Ohio & Mississippi q
to29, Union Pacific 20. g..''t
RIcnniosp, VA, Sept. 24.-The city ol
Petenburg had. over $20, 900 in the 'sus-
pended banks OF that city, McIlvaine 4
Co., Of Petersburg, one Of the larges
commission firms In the State, Is reported
suspended. The directory ofthc Citizen
Bank Of Petersburg at q meeting, yester-
day, decided to suspend today. 'Tht
Dollar Savings Bank closed this morning
Isaac Taylor & Williams, bankers, have
suspended on account Of the scarcity Q
currency, their assets being double thei
liabilities In both the above concern!
The stonecutters employed in the Govern
ment stone yard, were depositors TO q
large amount. There Is considerable ex'
element IN the neighborhood Of the va
rious banks, There Is q run OF small de
positors on the banks, but they are al
holding out and will doubtless weather
through the day. The Freedmens' Saw
Ings Bank requires the legal notice, as
also the other private Institutions. A
general meeting Of the members Of III,
Chamber Of Commerce, Corn Exchange
Tobacco Association and leading mer
chants will be held to-day TO consider th
state Of affairs, and adopt measures I
strengthen public confidence.
LONDON, Sept. 2a.-The house Of Clew
habicht & Co, have decided, to suspend
A dispatch from Berlin announces th
failure Of bank 10, that city. -.
The $4,000 drawn from the Bank Q
England on balance, to-day. was for shil
ment 10 New York. e20 900 In additio
tothe above amount was also shipped I
NE same place today.
LONDON, Sept, 24,.Clews., Habicht
"a, were informed yesterday that Henr
SIews q 90. were sale, and they tir,
Snew ol the suspension OF that Ne,
York house to-day. They immedistel
called In their solicitor, and after cor
snltation, decided TO suspend paymen
Their liabilities are Ga40,0Oo. The