New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-10-02

lHe Ivan OohmtJtee OF INC Ddiks slih W
issue the temporary loan certificates, and about
$&2,0O0,GO0 has thus far been put forward. Hence
the signs of the time are still favorable notwith-
standing the temporary suspension, yesterday, OF a
banking firm and large dry goods house.
STUMBLING-BLOCKS REMOVED.
| STOCK BROKERS' QUITE AS CHEERFUL AS PRODUCE
NEUTRALITY-SUSPICIOUS. EXCHANGE EASIER AND
THE CROPS MOVING.
Business opened quietly, yesterday, IN Wall
st.. excitement Of any kind being perceptible either
the street or In the stock gold markets. Congrat-
ulations generally exchanged upon the signs Of
the times, and the operations Of the day were begun
with marked cheerfulness The earlier transactions in
the Stock Exchange made without any apparent
apprehension; and when IL announced that Miller
& Walsh, who had temporarily suspended were ready
and pay dollar for dollar. there general
applause Ii had been enormously announced that
Iaurens Joseph was indebted TO the members OF the
Exchange; he restored however, TO his position
and rights as member. The only unpleasant incident
which occurred was the formal announcement of the
suspension OF Henry Clews & Co., and OF Horthrop
Chick brokers OF Wallst. AS the latter had
no contracts on the Stock Exchange there was no
marked depression in consequence. Considerable com
plant however was made that transactions
retarded by the caution OF the banks in certifying
checks The lavish overdrafts have been prohibited
and the members found themselves obliged 10 keep
their stocks circulating rapidly In order to make fire.
quent deposits TO provide against their checks The
banks have evidently taken warning by the experience
OF the panic aud disposed to place themselves
in the position OF the Bank Of the Commonwealth. This
caution and lack OF accommodation, 1t Is thought, VIII
have the effect OF stimulating the establishment OF
TOR stocks similar TO that OF the Gold EN
change At all events the general sentiment or Doth me
of The merchants' from the brokers' banks. The matter
OF Clearinghouse will probably be fully discussed
The Loan Committee OF the Clearing house Association
held meeting at the rooms, yesterday afternoon, but
chants relative to the buying OF foreign exchange MI
Tappeu President OF the Committee, expressed himself
as ignorant the probable fate OF the proposition nor
cond he saw when the Committee would take action
upon it, At the Produce Exchange. Mr. Edison stated
movement OF the crops had begun. Foreign exchange
was selling at per cent premium for good commercial
paper days, and at 81 per cent premium Tor equally
good paper payable at sight and was even rising be-
yond that price. The demand had indeed exceeded the
supply those prices, at one time during the day. he
Thought block foreign exchange as well as in the
produce movement was fairly over r-.,., ,.,,
the block in foreign exchange was so far removed that
rains as il had ever been Additional frrights were
engaged Tuesday by steamers to Liverpool for 1900
SgsnTity to London at I'D while freghts for 1900
bushels were engaged to Glasgow at l5td, besides
freighs at similar rates for the British ports mad been
engaged for SEQ barrels Of -four The grain market has
indeed become quite steady and showed Few or no ind
cations OF the block. He attributed the change to he
unlocking of foreign exchange produced by the res0ra
OCEAN FREIGHTs
The ocean steamers which sailed yesterday carried
full cargoes which had taken profitable rates.
Extensive engagements for shipping grain by Satur-
DAVIS steamers were also entered into. The rmness OF
rates and the easier feeling among exporters gave
ground for the hope that the embarrassments under
which the export trade has been recently Iab0rng are
passing away. The Idaho OF the Williams and Gulon
line carried about $4,000 bushels OF gram nearly 24Oo
bales OF cotton, and full ffegHtage Oh Other aftceS
The grau on he Idaho
1874 pence The advance engagements made Wlth lhs
Iomediate future The Wednesdays steamer OF the
North German Loyds Steamship Company, inc HahHa,
had a full cargo including large amount OF tooaGeo
and provisions. Not much grain was TAKEN but TINS
due to any distress among exporters, ana ths
rates obtained were good. TGe Main, the SATURDAY
steamer of this Company is secured run cargo 40 gO0u
rates The Traacria Of the Anchor line was lully
laden on her sailing, yesterday, AS had been nc Two
freight boats the Isnaa and the SYRIA which sailed on
Tuesday The grain rate was - pence 10 pasnon., n
large amount OF tobacco dispatched Dy inc irha
cria The daily receipts, at the pier OF ms
line. freight from the western RAILROADS, WIN tue lu'
cargo taken by every steamer and tue large eohsish
meDts made Tor the California on Saturday ana the
other vessels which TO sail soon indicate the rans
torness Of the injury done exporting ny tue hhahemi
The Algeria which sailed yesterday, took nearly $1,000
bushels OF grain and much tobacco. full cargo with
large Shipments of grain provided for by the saur
days of the line to when the Aleeria 1eonE
The Denmark OF National line VIII san to-day Ior
London fully laden. sixty thousand bushels OF grain
taken AT IA 10 l5t pence form part OF her cargo ns
engagements made for the Greece, which sails Tor Law
erpoci on Saturday, at an average OF l2t pence.
pr,Jp 40 heavy and lucrative ading. As much may
be said OF steamers following soon aftesWaru
The Innan line sends no THURSDAY steamer tnls "eek
as none mas been sent England. The large engage
ments for tue City OF Chester the Saturday boat ana or
following vessels show that II there were aIhufsGay
vessel ~ sail would not lack "a cargo Inc puIh vi
freight by the City OF Chester will be provisions, taken
at IS to 90 sninga. Two boatoads OF gram may also
be taken The steamer Georgia OF the STATE nhe sae1
for Glasgow Yesterday. fully laden ana with ABOUT iOo
bushels Of grain The Pennsyfvani OF that ne when
will sail on Oct 49, is flung easily aud rapidly Tue gram
being taken at Is pence The freight agent OF TINS COM
pany thought tine emDarrassnehts OF eApoifIs w.
and expected very large shipments ths MONTH Tue
Vile On uayre OF the General TRANSATLANTIC company
line Will sail Saturday with over 5000 bushels oi
grain bales OF cotton, l220 boxes Oh paSon, du
full cargo The vessels tns line nave fuH engage
ments up to December. The agents claIh mat no.
their business has been at all injured by the panic
The grain on Saturdays steamer was taken at
q ~ 30 cents. Engagements now msAins are
at 50 cents firm. showing tne d increasing
confidence OF exporters Az Me S ounce VI
the White Star line IL stated that Saturday
steamer the Gaelic would carry about 6oOo Dushe Vi
grain, taken from II TO IL pence, anu iu calko
feeling among exporters was SAID 10 DC pette auu
engagements were coming Ia freely, well III ADVANCE
The Pembroke of the South Wales Atlantic sleamshp
urday About 4O0oO bushels Of grain have been taken
for the Pembroke at is pence Rates were sao 70 oe
firm yester day and many engagements were nade or
freight TO Liverpool 1t admitted that the failure
of York to sufficient currency 70 tue west nsd
embarrassed exporters and others, somewhat Injured
the busuess of the ocean but not TO nearly
the extent which had been represented some OF the
public Prints had wofully exaggerated tue ehoairass
ments.
THE DEMAND FOR CURRENCY.
VIEWS M RANK PRESIDENTS IN REGARD TO THE