The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1873-09-20
NEW YonK. sept ~
LATEST MONETARY.

N.w ioGK. Sept "
LATEST MONETARY.
Volumes Of business In the stock exchange
largely exceeded that OF yesterday, while the
lluctuatlon were much greater as the announc-
ment Of failures followed each other In quick
succession, the excitement became wilder and
heavy Blocks Of stocks were thrown over
board apparently regardless OF prices they
brought. The widest changes were In Harlem
and Panama; Harlem dropped from 100 TO 90. ia
very short time recovered to 100, reacted to %.
advanced to il2, declined finally to &c. Panama
broke from 30 TO -, recovered TO 1902 and closed
at ~. The heaviest dealings were la Western
Cniou, which opened at ~ dropprd TO 70, ad.
vanccd to IS, dropped to CT, recovered to Il ana
closed at 6sN. New York Central opened at 20.
advanced to 90, dropped to 81 and closed o. L.
shore fiuctuated between ssil and SO and closed
at s6}s. Rock Island between 97k@ss, closed
at %; Wabash between 40 to 9sk. Wabash
opened at a., dropped to 40 and closed at open.
Ing prices. Northwest common between 4sa.
aud I5is closed ii. Erie between 80 and 52L<
and closed al 5Isa, being - advance over the
opening price. st. Paul common between 500
10, closed at 30. ohio's 3lM@26G, closed at 9oL
Union Pacific between 90 ana lG closed 2oL
The express TO night sums the situation as fol
lows
Day classes on the whole with fewer Killed
and wounded than might be expected all thing,
considered. No Trust Co. has suspended no
bank has refused pay All he great rail-
way corporations are apparently as firm rs =
rock.
RlimOr however IL not yet satisfied ami warns
everybody to beware OF rumor. Stock value.
have shrunk enormously but when the bottom
Is fairly touched rebound as usual Is newt
able.
The Union Trust Co. Kept doors open and con.
Timed paying until o'clock, an hour later than
the u7'ial hour Tor closing. The Manhattan
bank .lso kept open until the same hour to Ger
try to Union Trust CO.'S checks. Richard schelI
expresses confidence and ability In the Trus,
Co. to weather the storm. Assistant Secretar,
Of the Company asserts the company can pa,
two dollars ior every one Of Indebtedness Pro
mlnent bank officers arc Of opinion thc worst or
the crash IL over.
Money very unsettled ana lively In The DAY,
II was almost Impossible 10 borrow IN consr-
Qucnce Of prevailing excitement.
stocks were turned at difference lo5 Der
cent.
Late dealings In money were II, tor, per
cont per day
Foreign exchange va, demoraIiAed By tn.
tightness Of money and tho prevailing excite
mcut
Business In nearly all Dfances uf produce Is =.
n stand sill, almost bordering general de-
moralilation. Everybody Is looking after their
money ana holders. Goods not disposed TO rea-
HE.
FeYerisli feeling prevails and many merchants
fear greater depression unless the government
comes TO the rescue.
Carrying rates were from to per cent ior
gold to l-.2 premium.
The clearings at the Gold Exchange to-daS
were tl22,IJ0,c00.
Treasury disbursements to-day amounted Z,
1923, 900.
$4,000.
Gold opened at li.as closed at ILL.,.
The stock market opened lower. recovered a
tie hui went down again.
Tremendous excitement on the street ami
stocks still declining. Pacific Mall stand,
firm.