The New York herald., 1873-09-23

earthquake, sent M vibrations over vast extent
Of country but as y had to penetrate the SOLD
shock would DO only momentary, nothing more.
Confidence once restored in Wall street-a thing
which must come about in the course OF three or
four days--business would resume its usual condi-
oon. Aeantlme, IL could not be denied Dut that
and when they could be met. return OF conn.,
dence in Wan street would restore 1t In CONNER
eiA circles.
JOHNSON BROTHERS, BROADWAY.
fhe representative OF this nrm was full OF
ine Crisis in Wall street hnances would last only
1ew days at most The sales OF the house naa aos
n any way diminished Ladies would 9e ,S
now to shop with as good q roll OF greenoacks as
before the panic began. In fact trade seemed
customers were also liberal in their orders. Wall
street ts not the United States. Stocks may tumble,
zone OF business throughout the country would
maintain itself in spite Of all that. During the
Of ee en- TSs
people made q poor mouth ior there was actual
suffering. Homes were made desolate and lam
lilies burned out; left on the street without q
penny That Is not the case now. The suffering Is
only fictitious, and u matters not who wins or
loses in Wall street the absolute amount OF money
in the city Is the same. Still, when there Is any
thing wrong In Wall street.-The focus OF our
great financial transactions-it must be tempor-
arily damaging to trade. 1t is rumored this after
noon that things are much quleter on the street.
and there ls no doubt but the excitement will soon
cerned any evil eiiects il may have sustained NJ % by
this not unexpected excitement viii wear OF in
W. AND :. SLOANE, BROADWAY
A member OF this strong house says that since
the commencement of the Wall street excitement
their business has suffered no decrease. 'Judge
for yourself" said the gentleman, directing his
glance among the groups OF busy purchasers scat
ua Spd w on
men. ut amounts to little or nothing, alter all,
whether half dozen brokers and bankers fail or
mot thAu nnu fesn GlnA anlGn
has, and business wiz be just as good as though
the broken ones had nOurished. There seems to
tenn; and that Of itself viii in no small degree
assist in wardlng on any greater evils than those
comparatively light ones suffered within the last
sew days.
ELDRIDGE, DUNHAM AND co.
Mr. Eldridge, OF this firm, says that his house
present Wall street panic. Their establishment is
Just as full OF customers, and orders come in regu-
arly rom the country as before the failure OF Jay
falare OF SPECTATORS in inflated stocks. cannot
make or mar the general prosperity OF the coun-
by every "tempest in teapot" among the Wall
street folks 1t is true that our large banking con-
all. stocks and bonds are only representatives OF
wealth, and in polttico-economic sense 1t matters
not who possesses them, so that the presence of
the wealth OF which they are the symbols be there.
The railroads, canals, farms, cattle and agricul-
taral products cannot take wings to themselves
and while they DO not diminish the national wealth
cannot decrease. The present Wall street excite
ment Is only temporary and local.
VALENTINE l. CO., BROADWAY.
Mr.. David Valentine, OF this firm, opines that the
great business failures in Wall street will have lit
Gle or no evil effect on trade generally. The
fashions are changing, and now the ladies want
long dresses instead Of short, lately used; and
everybody knows who understands anything
about women, that when they want dresses the
stun must be had, come from where it may The
city and country orders OF the house are in no
way diminished since the outbreak ol the Wall
street Madness Here pointing to a customer) is
a gentleman all the way from Illinois. The firm
have sold him very large bill to-day. He does not
feel the effects OF the panic. The greenback in his
pocket Is Of uniform value all over the
States. II this were not so then we might fear
q panic but our well regulated currency system
has placed it beyond the power of few or many
local bankers to injure much the march OF pros
perity which distinguishes the present epoch in
our national history.