The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-09-21

| CohtiHontalS Bank wsfes thi0Wn SnE tom
ths clearing sasos. ssfks Isl Bss & EoisN M NpEs6 M
lAmerica has, suspended & s5SS 4 S
ThS Stock ExShApae issolossf1 :sn 6Iec,
to oFcHll. The Fk6Sfde deht Will .ennb blestf,e
members to,settie the deYaioation or the
Union Trust Cnm1any.i Il, is reported
that Vanderbilt. .is clossted with the dii:
rectors, Quotations OF etocks impossi.
BILE. President Ohapmen, or the Stock
Exchange, forbids outsi'ie operations BY
the members. upon penalty OF expui.
sion. 80 1sss.ai'S- y
A. g. Cattell, agent of the syndioste
ct London, ..e!ssSsssaphs Sec.eta:5sp..0o...ss
ardson that their accounts are dn perfect
order. q .rf. tts7'
4 P. M.-Alluding to the suspension
OF operations by members OF the Stock
Exchange, the Erening E.rpress says:
TOO much praise cannot be awarded to
tho men who conceived and carried out
this master stroke Of policy. Bedlam
Was running loose. and the craze was
rapidly communicating itself to the ont.
side multitude. Nothing remained but
to shut the door, and try and bring back
the bulls and bears alike to tbeir sensee. "
The defalcation of the Union Trust
Company is $500.00O. The Bank Of
North America has not Suspended
Western Union stock 81. The clearing
house announces it's inability to make n
general clearance, on account of dealers
inability to obtain properly certified
checks.
The bank presidents, at their meeting
this afternoon, passed resolution to
issue Immediately So 900. 900 in loau
certificates
ToRosTo, September ooh. J.
Morse & Co., bankers, have suspended.
PHILADELPHIA. September 2O.-It ia
rumored the Union Banking House has
suspended.
ALBANY. September TO- II is rumored
Sqnires & Sons have suspended
WAsH1NaToN. September 2O--The
following failures are announced: Uniou
Banking Company, of Philadelphia;
Union Trust Company. a. 3. White <
Co., =. O. Broadhend, Ketchum g.
Belknap. New York.
NEW YORK, September 2O-Noon.-
Cotton quiet and nominal plands
1874; Orleans 19I. new crop; futures
opened as follows: September 1S1-lG,
1915; October l75s; November II TIC
Flour dull and heavy. Wheat nomi.
naliy 293c. lower. Corn nominally
1@2c. lower. Pork dull and nominal
new mess 17.75@U.87ts. Lard dull
and in buyers favor-oId steam 8 1l-l6
@8A. Freights quiet. No stock quo.
tations to-day.
+. M.-Cotton-net receipts 2l7
bales; gross 2, 481. Futures closed firm:
sales 5. 100 bales. as follows: September
ISIS; October 175s. II Ills; November
l7as, II ZIG; December 1873, l77.I6.
Cotton dull and nominal; sales 236
bales. at 18A@1916. The monetary
panic unsettled the market for bread.
stufs generally, and prices for all de.
scriptions are nominally lower, with not
enough doing to fairly establish the
market. Flour sold in small lots TO
local trade at 7.000S 20 for common to
fair extra Southern; 825(011.OO for
good to choice ditto. Wheat dull, and
294c. lower. owing to difficulty in ne.
gotiating exchange; shippers not in
market to any material exte nt-1. .46M
Lao for Iowa spring; 1.45(0I.7a tor
Chicago; 1.6Y for winter red Western:
1.7O for white. Pork quiot and easier.
at 17.75@1787k for new mess. Lard
lower--S%@856. Groceries quiet.
Freights quiet. No regular money mar
kst. Gold closed at l1X@I2. Co
vernments and States. nothing doing.
The Western markets show o general
halt in transactions, without any change
in values.
AUGUSTA, September 2O.-Ootton
dull and nominal-middling 1917; re-
oeipts $50 bales; sales 225.
GALVESTON, September 20-Co,ton in
DO demand-good ordinary 16L; net
receipts 353 bales; stock 1850.
Boston, September 2O-Cotton quiet
--middling 203l; net receipts 25 bales;
sales 96; stock 200.
CHARLESTON, September 2O.--Cotton
dull and nominal middling 17la9f7aI;
low middiing IT; strict ordinary l6; net
receipts 67 bales; exports cons.wise 0I2;
sales 100; stock 4,74S.
WILMINGTON. September 2O.-Cotton
10; net receipts ITO
bales; sales22; stock 398.
New ORLEANS. Septemb Der 2O.-Cot-
ton very quiet mid.lling 10; net re.
ceipts 375 bales; gross Gl8; exports to
Great Britain LILO; coastwise 2,JSG;
sales 100; stock 8,l10
SAVANNAH. September 2O.-Cotton
quiet middliug 171ss; net receipts 1lo
bales; sales 307; stock G.127.
LONDON, September 2O-.Noon.