The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1873-09-20

BLACK FRIDAY SURPASSED.
Wall street has meyer experienced such Il
storm, and the panic of Black Friday in
go is by far exceeded by to-day in the
stock market. As the first failure was an
nounccd the entire list dropped, recovering
little in the Interim, but falling lower n
each successive failure was announced
THE SWEEPING CHARACTER pf THE rANiC.
Some idea of the relative extent of the
panic may be derived from the fac, that
Rock Island, which declined 10 par on
Black Friday and only to 90 after the Chi
cago fire, is down to sS to-day Outside
capitalists, purchasing stocks for invest
men, at the low figures, contribute some
what to sustaining the market.
ruy BANKERS OF TnE PENNsyIyNNiN RAIL
roAD GONE.
New YORK. Sept. 10.
l. ID Randolph IL Co, the bankers OF the
Pennsylvania Central railroad company.
and W II Conner have suspended.
THg0NG IN WALL STREET
NEW York, Sept. 10.
Stocks are still lower. Wall street is
thronged with people Anxious inquirers
and spectators hang around Wall and New
street entrances Of the stock exchange.
The police guard Fisk Il Hatch'S place
keeping back the crowd
ANOTHER SUSPENSION.
Day & Morse and Hay ~ Warner have
suspended.
THE RrS oN THE Trust COMPANY.
The run on the Trust Company con
tinucs. the company still paying.
MrNRoR & co., PARIS HOUSE.
Munroc & Co., Paris, cable their New
York house that they will protect all bills
of Jay Cooke & Co. upon them. They Of
fered this morning to discount Cookies nm
maturcd bills at the bank rate.
BANK PRESIDENTS IN COUNCIL.
4 meeting of bank presidents is now
being held at the clearing house to decide
upon some plan of relief.
Later. AT the meeting OF bankers at the
pointed to prepare Il plan to relieve the
present difiicuities. The committee meets
tomorrow. A number of prominent
bankers called on the sub-treasurer to con
IL l,.,t g., ..,,,
the country from the effects of the present
panic. At this hour (1230) they are still
discussing matters.
RELIEF EXPECTED FROM THE SECRET IY III
THE TREASURY.
1t is stated on good authority that Secro
tary Richardson will come to the relief OF
the New York banks to-day. hut in wha
manner cannot be asccrtaincd. Treasur,
officials refuse any information.
PRICE OF STOCKS.
| The following shows the decline in lead
ing stocks. The first figure is openin,
price, the last what they sold for Central
06-9l; Harlem, 12O-ll4; Erie, "A SEA
Lake Shore, S7a-83; Wabash. rs 80
Rock Island, 97a-s9 Milwaukee " 81
Paul, 1915; Ohio and Mississippi. 30 -
28t; Union Pacific, Elf; c. c. and
c., 23t-19t NJ. L. Tel, SO -6sI Pacj
fic Mail, 3sl 32I.
STOCK MOVEMENTS.
TIn c.noral tonn ,f tho ~, IN ri, al .r,,
slightly, went off and is now better again
Rock Island, 05; Northwestern, 44l Fri,
$50 Harlem, 112; Central, 95; Westcr
Union, 72-a recovery of 81 per cent Pa
cific Mail, 36t "a recovery of 3 per cent.
There is a run on the Frccdman's Sa,
ings Bank to-day. The officers say there
not the slightest danger but that all d
mands will be promptly met.
SAVING CHARTER.
Banks have taken advantage of the pr,
visions of their charter, requiring depos
tors To give thirty days notice Of will
drawal.
| FAILURE DENIED.
The reported failure of Winslow, Lani'
Il Co., is positively denied. They we
paying at $50, and no indication of troubl
Il PREMATURE REPORT.
The report that the run on the UniC
Trust Company has subsidized was prem
ture. The run. still continues, the crow
extending half way down the block OIL
side. Tho company is still paying.
FOURTH NATIONAL BASk.
A great crowd is around the Fourth n
tional Bank in Nassau street mainly broke
clerks and messengers after the certifc
ton, which was mistaken for run. The
Is no run on the bank.
JAY COOKE And cos LONDON HOUSE, sO
II yRST.
0 PHILADELPHIA, Sept. TO-
Jay Cooke Il Co., received a dispat
I from London this morning declaring III
theli London house Is solvent, aud that I