The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1873-09-23

| VIII leave tonight.
Secretary Richardson has boon roceiv-
ing kilograms for New York every few
minutes during the day posting
him rs to the condition Of affairs there.
In reply to interroga,ories this morning,
he said everything was moro encoursg-
ing, and the government would buy bonds
ust as fast as they were presented. He
has plenty Of money and would give IL
out 10 all who come with their bonds.
When the question was asked whether
or not this money to pay for bonds would
come from tho legal reserve, he answered,
"never mind about that. | will attend
TO getting the money. The government
ia alright, and | intend to keep il So"
The secretary Of the treasury con,radicts
the statement that the navy account has
been transferred from the banking house
of Jay Cooke, Mccullough * Co., in Lon
don, to Drew, Hambrecht n Co., and de.
clsres that there i, no intention Of max
ing such transfer.
with Gen. Sherman and the governor
of Maryland, have signiiied thor inten-
tion of attending the fair to be held at
Westminster, Maryland, on the first and
,econd of October.
Scc'y Richardson received the follow
Jog dispatch from New York to-day:
Mercantile business is progressing unus
ually well. 1t is clearing itself. The peo-
pie join in sending congrsiul s,ions to tae
president, and Secy Richardson for their
stability. The stock exchange will be re-
opeted on Wednesday,
The following
APPOINTMENTS.
have been made; VIM. Z. Thompson
Idaho, regia,cr of land Office Boise City,
Idaho Oscar Whitney, secretary of the
Territory Dakota, Vice Gen. McCook
deceased Lyman B. Sperry, OF Wiscon-
in, agent for the Indians Of Fort Ber-
thold agency. Tho run Of the Freed
mans and Washington City Savings
bank has nearly subsidized. Johna,han
Merriam was appointed collector of inter-
ual revenue for the eighth Illinois district,
Vice Harper suspended.
rhe business OF the savings banks to-
day was somewhat heavier than that Of
the last three days OF the pas. week, but
tina. is always the case on Monday, and no
alarm, however seems to be unaffected
By dcpositors. The resolutions passed
last evening at the meeting Of savings
that under the provisions Of their char
ter the banks refused 10 make any pay
msnt unless thirty days notice is given
that the deposit will be withdrawn. Some
Of tho banks were paying all deposits Of
500 or lees.
WALL -TGEET
to-day presented most extraordinary
spectacle. 1t would be difficult in the ne
cessarily briet limits of a newspaper re-
poit TO give correct idea of the excite
ment which prevailed, but the excitemen,
Was apparently OF An entirely different
kind 70 the intense anxiety of Friday and
Saturday, which had its origin in the con-
dtion Of the univ ersal panic. The ST. ee.s
to-day, Wall Nassau, and Broad, were
crowded, and it was diificult for pedes-
trian to tread his way through the differ
ent groups which occupied them and the
a. Ii gaa
tire OF the scene, possibly, was that the
masses today were spectators, whereas
the last days Of the preceding week every
one was rushing hilher and thither, fight
ing and struggling to make his way to
some bank or office.
AFTER THE BATTLE.
The day opened in financial circles with
comparative little excitement, and tho sit.
uation strangely in contrast with las,
week. The Gold Exchange opened at lC
| o'clock as usual. President Morris called
the bonrd to order, and it was unanimous.
ly resolved that the room should be KEEP,
open for arranging Of loans, and the set.
tlemen, of Friday and Saturdays business
and that aly member buying or Offering
TO buy or sell gold in tho Exchange, or on
the streets, should be expelled. The best
best Of feeling prevails. 1t was also re-
solved that the price Of gold be fixed u,
lie for settlement tetwecn members of
the clearing house. sac,ons and
carrying the rate for gold va. fixed Il,
per cent. per aunum.
There was r moderate run on Seamon 8
savings bank AZ tho corner OF Pearl and
Wall streets. The trustees had meeting
ami resolved to pay oil sums under Sl0o
bat On larger sums to demand 80 day
notice, Some few OF the ban ks can DELAY
payment 90 days and all for 80 and on to
60 Thus i will be seen that no savings
bank in sound condition can be broken
during III present excitement.
Banks of discount were all open, some
were certifying checks good through clear
ing houses, and others were paying in
greenbrscks. This Of course was no reg
ular business on either stocks or gold, and
brokers were dong nothing beyond trying
to effect II settlement of transactions.
bankers wins have not suspended are tran
saeIing n business beyond paying such
depos,ors a. called tor their money.
Those engaged in foreign exchange were