, 1873-09-19

embarr.apmcnt, and that to this end, II moods
hcfs Of iho rtn viii 30 applied. No one who has
dollar on deposit here will 1oso 1t. Evory liability viii
10 IT, oso{o sn Stsoe asa sss &c
M Reu eren ssed p tss
Washington. Now Fork, and this CITY. Then. with Ills
brother members, io commenced m Investigation to
ascertain tho exact financial a!an'ing Of tho rn Tho
o@1ough o9 from whom eamo tiis afternoon Tho
tnown to tho public created tho veost sstisf.otiop
snonda t% sept 1e-Tho Lonon arm Of Cooke Es-
oo g. q uiy iye. on hs 'u BY jay Cooke
A. q matter ot course, thero Ia great anonnt Of
assfhns nens to n.y. soms Of tho remarts q
at the r afS % s Ono gentleman stated
in Tho Frat National Bank ot stoy Wc 5s
a!so susrcnded One Of wealthicst brokora eaid
.r's mTn;s firm Decidedly msrts tho .ympalhy Of e
much, vcry much, to pnce tho Government on sound
financial bss!s r. Tho oa critical period Of ita career
IL one Of those dlsastcra that ny ovcrtakc tho most
prudent. man mutt noceasattly depend upon aomo
mhrkc Ia very much depressed IN railroad stocks, md
Il you watch cloaoly YOU will no.lco how somo Of tho
which fave 1tslo doubt viii s. realized, tlat tho
rrtcea will rise In few t1ayH.n
gren @ many nIms VIZ eo seriously Affected whllo
who came up the street, attracted BY tho Unusual OK.
SanRne ss1a Of the tho deor Of he
read tho notce Of the temporary Euspenajon. Wel1
g. 6eo.ss soi :boa ws s5o s Il too sa & I
se1's H. /. good sa'psn,ia ss asa aoa
a9ng , tnst sad eovs that the Arm
that, II tho rm fs in Stress of weather. they ought
70 obtain all tho hop they ncod from a dovornment
The house oi T. Y: d'sri i c., No. u North Third
neDssd Osnf or n1 he s5sss ,t 1sy
iy allied to tho FIrst National Bank Of Wasenstop,
nna Il 4 s expected that 1t will bo sbe to recover tsef
York ana PhIladelph., Pennsylvania lsailroad stock
ins h.,ns eonsaoa with aha ausor,iea tls m0r q
oobe. tSa = so1 70 e.; a
aatets to the Nov xosk Phiadephis md Washington Ion
condition When this statoont was made, tho stock
Immediately reacted aud soon commanded ita old
At all tho Third street Offices there woro crowds Of
anxious nen-men who carried hoavy amounta Of
stock On small margins, and men who. with ready
1nent.
Tho sconee in theso crowds were sometimes amus-
ing even IN tho dsRtrcsH which occasioe to aomo
them on.
r. man who had been whiting for rnt,o In Central
oFed laself out $4,000 BY ta opssa,|o,n sss, i Msn
they should hold let &C., others anxious 10 sell
betose tho paper they held went down my lower
other largo establishments were crowded to hear tho
stocks that wcro on the boards It sho E1change
Tho effect Of tho panic in financial circlca appears to
bo mainly seen in tho oppression Of leading stocks
rennaylssnia Reading. and Lehgh shov tho following
hfa r. S;;ss:5ss i;5
vowe1 severnl members Of the Stock Board md 9TH
ers, who know s9pewhat Of the affairs Of Jay Cooke l.
three agreo to the probable smount. IT, rho K.
,res arc high and think, much exaggerated, and
e MI on. ono ssoher ens le.raea saa
that market will boin panic for long time, md that
there IL unanimous feeling Of sympathy for Mr.
he ssys: believe that whaoveE Jay cooko says. ho
man he ts don't bclleyo thoro Is creditor OF tho
hr1n who VIZ not got evory dollar be hna trusted 10 It."
vii g. ssusa b gGss ss.,s wa' a1 s
thSy ars re- S09aent It. of paying ~ dsnsn wh
aeesptanccs and credits viii bo provided Tor" '''
hdoneo to tho public hero That their house viii soon bo
jay Cooks Co., md in her abty ii to tan'eats eztsao ts
themselves from their present difficulty.
1t Ia reported that threo large rms viii also suspend
3l5 H., tho following statement Of their AFFAIR."
:" Wo have, ycry unexpectedly to ourselves been
,,naua demands nado upon ua Tor tho return Of do
posiss In worry fow days shall have abatement
a1 oag to to- sm % to gas our Creditors Until which
70 think hat our aaaets arc largely in Of
4. scost Of tho Pennsylvania RaiIroad has failed for
argo sum. am in position to moat distinctly con-
radict it,
To The Associated Press.
PuILADELrH1A, Bept. 18-Aa In connection with tho
susponsion Of Jay Cooke Coz many holders Of
Northern Pacific Railroad bonds throughout the coun-
tncn,s. Inquiry has bean msde. and deveiopsd the
fset that the Northern Pacific largely Indebted to It's
aG'ab BY and .r a s o9E ss
road company viii have to make '' otilor tier
financial q arrangements before pushing forward ,ts
5urdty IL considered amply suineient. ~ ' ~
Theirs is no truth whstoyor IN ths rmor that the
Eected BY tho suspension q Jay Cooke + Co.
pn1AnEhrH1 Il. m % SEPT 18-Ihsre arc no now deyel-
Cooke will not bo able to present statement Of hls
Affairs for day two yet While there is excite
1aent smong the business community oYor the ans
ponsion great sympathy Is expressed for mr. Cooke
and hopes entertained that ho will eventually
Weather tho storm. Tho temporary auspcnaion OF z.
" Clarke Go. account Of advances on Reclri-
os not now available. From published statement
then It appears that the house will resume busi-
1esB at an early day.
IN WASHINGTON.
Sf1fefdf Hsbntch II The Chfendc Trtb4.us
WAs1t1aaToN, b. O., Sept. 18.-Your correspondent
1as tn Architect Muletts At about past 10
,clock ta morning. talking With this Official In regard
the thirty odd public buildings he Ia now construct