The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1873-09-29
BY TELEGRAPH.
THE GREAT FINANCIAL PANIC.
NEW YORK. Sept. q.


says it is reported that all the German banks
have refused to pay currency for checks
this morning.
11:45 a. m.-Affairs are very quiet this
morning in Wall street outside of gold
speculation which Is rather excited. The
price advanced to 115i. and is now 10 In
stocks there is nothing of any account do
ing. Street quotations are as follows -
Central, 80 asked; Ohio and Mississippi, %
@26; Pacific Mail. 28@20t; Lake Shore,65
ass; Western Union Telegraph, 53@55 !
Wabash. I0@i1; Rock Island, s3@s5
BRoREHs' PETITION.
1850 Il. m. A petition has been opened
at Musgrave ~ Co.'s office by brokers. re-
questing the government committee to open
the stock exchange Monday.
Up. m.--The clearing house committee,
at a meeting to-day. resolved to issue loan
certificates to an unlimited amount. The
resolution was passed in reply to the pro-
position of the stock exchange requesting
the same.
The bank statement will not he ready
to-day.
In the petition to the governing commit
tecof t.ic stock exchange the petitioners also
ask that they will order the suspension Of
the rule applying to the closing Of con
tracts under the rule for period OF three
days. ordering all parties who have out
standing accounts with members Of the
board to margin said stocks on Monday to
the market price either by money or salts
factory securities deposited with the party
TO whom the difference shall be due.
l:l0 p. m.-Gold Exchange bank is all
straight every statement has been re-
cciyed.
l:l6 y. m.-Thcrc is better feeling than
at this time yesterday. Gold is now 49,.
THE NHw YORK BANKS CONFIDENT.
The officers of the various banks con-
tnuc 10 express great confidence in the
strength of their present situation and
ability to come through safely.
AFFAIRS IN BOSTON.
The Times Boston special says there was
more gloom and depression there at
the close of business yesterday than upon
any previous day. Still the banks showed
no sign of weakness
THE SUSPENDED BROKERS.
Tie Times also says the friends of Clews
and IIowcs n Macy are we'll satisfied with
their arrangements for resumption, and the
latter report they received considerable
new deposits yesterday afternoon.
EUROPEAN FnElGmTs.
There will I've very perceptible diminu
ton in the exports by to-day's steamers
and nearly all the competing Liverpool
steamship companies have lowered thcil
freight tariff.
DEAD MANS ESTATE.
The will of Rev. A. p. Cornings opened
at White Plains yesterday. shows he pos
scssed considerable amount of WORTHLESS.
stocks and had s21 ZOO in the Union Trls
company.
ST. Louis SAVINGS RANKS.
A st. Louis dispatch says most of tin
savings banks promptly met all demands
/ yesterday, and their deposits exceeded tn,
amount paid ont. Many depositors wh'
Withdrew their accounts deposited agail
during the day, and confidence was largel,
restored. The volume of business at tin
regular banks has decreased somewhat, bu
no one has suffered for want of money
Deposits in these banks have also been il
excess of amounts paid ont. Atogethe
the day closed with an improved feelln
and brighter hopes for the future.
THE PANIC IN HAVANA.
1t was reported yesterday that the com
mission houses of ZeollO L. Co. and Drai
Il Co. in Havana had suspended. Tclc
graphic inquiries to Havana have not ye
been answered
THE WASHINGTON CITY SAVINGS BANK.
WAsHINGToN, Sept. 81.
The Washington City savings bank
now in the hands of receiver. There al
about two thousand depositors, who's
joint deposits will reach upwards of 800
600. The assets are supposed to be stuff
cient to cover the entire responsibility &
the bank
TuE TRE\SIfpE
The secretary of the treasury is no longt
troubled with kilograms of inquiry froi
financial sources. No excitement wha
ever exists in that department, and the e.
ecutive department is equally free from i
Since the official announcement that I'll
president and secretary could do nothin
ment, no suggestions have been receive
from any quarter The treasury is Iii
charging all its business rs usual, with /
interruptions in any branch Of it, and a
officials are as calm rs il there had been !
financial storm. An arrangement has be-
made by which the London house of ia
Cooke, McCullOck Il Co. will honor Il
government draft ON the London house
Clews, Habcth a. Co, Beyond this tho
has been no change in the agency.
TIE GRAIN TRADE.
CHICAGO, Sept. 21-Midnight.
The action of the board of trade
stopping option sales for the present al
the conservative action of the membe
for the past few days for voluntarily a
staining from trading in options, have p
the grain trade in condition to meet 4
, worst. There is considerable currcn,
Y coming in from the country for invci
I ment in grain, which will aid to lessen u
stringency. There is, however, anxio
feeling for the future, and intense intcrt
4. n n