Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1873-09-23
TELEGR A PHI.
ESPECIAL DISPATCHES TO TIE GAZETTE.
THE FINANCIAL CONDITION.

LONDON, Sept. 23-12. 80 p. m.-The news
Just arrived ION America relative to the con-
iition of financial affairs 10 New York city
causes better feeling in American securities.
New YORK, Sept. 23.-Quite plumber of
people have congregated on the steps Of the
Union Dime Savings Bank, on Canal street,
wait ng for the opening OF the doors.
New York, Sept. 23--The Presidents of
nearly al the prominent banks express the
opinion that the crisis is over, aud that the
Government has probably done the best that it
could under the circumstances. Several of the
banks have ceased dis Junling and many refuse
to receive checks as cash, but only for pruden-
tlal reasons.
All the morning journals unite in expressing
the opinion that the panic Is over:
The Board of Aldermen have decided not to
hold the special meeting called Tor to-day to
take action on the financial situation.
New YORK, Sept. 23,--Genera Hlllhouse
yesterday declined to give the Names OF the
sellers Of bonds to the government, on the
ground that suspicion mig ht be directed against
the solyency or those who rushed into the
market to realize.
Some sellers were connected with savings
banks. General lIillhonse has not been au-
thorized to buy bonds OF 81, as the President
did not believe he had alegal right to take up
bonds not yet due.
New YORK, Sept % IL a. m.---The Gov
erning Committee of the Stock Exchange de-
cided not to open the Exchange to-day.
New YORK, Sept. 23.-- Gold opened at ]. y.
The Governing Committee of the Stock Elk.
change will meet again tomorrow at $3.50 q. Ii.
New York, Sept % ---The Gold Exchange
is open and regular TRANSACTIONS are being made.
Gold Is now III.
New YORK, Sept. 23.--lO.45 a. m.--The
excitement on the street seems To be wearing
itself out, and better feeling exists. Brokers
nave c9ngreg lted in front of the Stock Ex-
change aud formed street market, all sales
beug cash The following are the quotations:
New York Central, 9la92 bid; Harlem, los BID
10 offered; Lake Shore, 81 bid; Wabash, 81
bid; Rock Island, IS bid; st. Paul, 50 bid;
OHIO and Mississippi, 50 bid: Union Pacific, u
% bid: Hannibal aud st. Joe, 20 bid; Western
Union, G6 bid, - offered; Pacific Mali, 543 a
81 bid.
Thus FAR to-day the Sub Treasury have pur-
chased S350,OC0 Of bonds.
The Union Trust Company are still prepar-
ing their statement, which they expect to make
putllc late 10 the day.
New YORK, Sept. 23--The Sub Treasurer
up to 10 IA. LII. has bought 81 100000 Of
bonds
New YORK, Sept. 23.--Two millions Of
bonds have been bought at the Sub Treasury
New YORK, Sept 23-noon. Street quota
ton: Ohio, 50 bid Wabash 4S bid; St. Paul,
s. bid Central, 93 Lake Shore, 50 bid.
New YORK, Sept. 23-l2 m.-The Sub
| Treasurer has purchased IS, 80, 100 bonds II
| this hour inc!uilng Saturday and yesterday
New YORK, Sept, 23-l p. m.-Jhere Is
but little more than the usual number OF peo-
pie in the lower streets Of the city beyond the
small gatherings about the Stock Exchange
who are pickering 10 stocks. The financial cen
ire presents the appearance Of exhaustion aud
iassitude aft:r great struggle. There Is no
desire manifested to have the Stock Exchange
reopen, except by those waiting to purchase
for Investment, and brokers generally would
like to have it continue closed during the re-
mainder OF the week. The general remark
among them is that this disaster will material
" thin out the lumber Of brokers as was
the case with Black Friday, thus making more
business for those remaining The Bauk OF
Commonwealth still keeps It's doors closed.
The run on the Fourth National has ceased.
There are runs of more or less Importance on
the Savings Banks. The appearance ofcrowds
indicate that the runners arc labOnDg men and
working women who have became frightened.
It's believed their confidence will be restored
| BY the promptness with which their money Is
handed them aud the run will cease to-day or
| by tomorrow at the latest.
NEW York, Sept. % The ccarances Of
gold exchange banks are completed and ballan'
ces will be paid as usual.
New YORK, Sept 23-l; 80 p: m.-ODe
million five hundred thousand OF loan certlti-
Gates have been issued by the clearing house
to-day Two and half millions of bonds have
been purchased by the Sub Treasurer up to
this hour IL is probable that the whole ten
millions of loan certificates viii be taken up and
the clearing house association will increase the
amount
New YORK, Sept. 23.-August Scheel,
vice-presideut Of the Union Trust Company,
officially denies that petition was filled 10 the
United States District Court to have the COM
pany adjudcated au involuntary bankrupt.
Foreign News.
D,, T,,n T,,ouos Gocto the