New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-15

Tho cotton market has been fairly active durlng
the week, closing ON the basis OF 19!c. for Low
Mddngs The receipts at all the ports for the week
reached 1905, as against g. $50 bales last week. S1
the previous week. and 1854 for the week ending
Aug TO- The total receipts for tho expired portion OF
the cotton year. Sept are 81 53 bales against 4v34
bales tine same time previous year, decrease OIL
81 ALB bales. The exports for the week were 1913
bales, against 5,737 year ago-an increase OF iSo
bales. The total stocks on hands are G5,9oS bales
against 63 ,239 bales year ago-a decrease Oh 2Zh
bales. The total stocks in the interior towns are
1874 bales against 8,O95 bales same time last year.
an increase of 1879 bales The total quantity Oh
cotton in sight amounts to 1,S6OO9s bales, against
2O45S 34 bales last year at the same timea decrease
of 1856 242 bales The weekly exports from the port OF
New-York amount to 1913 bales. against 5oOo Daies
last week. an increase of 3,47O bales.
Government bonds have been active but unsettled
while State bonds have been nominal and railroad
bonds in moderate demand
The stock market was irregular most of the time
with no settled tone to dealings, and scarcely any
half hour corresponding with any other in the ten
dency of prices. The street was filled with rumors
of dire calamity and good and bad houses alike were
ranked in the list of failures
The great sensation of the day in Wall Street was
the failure of the well-known banking house of
Kenyon, Cox & Co. The announcement was borne
with toerable equanlmity so long as it was sup
posed that Mr.. Daniel Drew was merely special
partner in the house, but when 1t became known
that his partnership was of general character, and
that, with all his wealth he, was unable TO
prevent a failure, the fabric of confidence
was shaken to its very foundations. The firms
chief liabilities are believed to be in the shape OF
Endorsements upon loans obtained for the CANADA
Southern Railroad upon pledge of Sl,OOO,OOO to
S2OO0,OO0 of its mortgage bonds. Mr.. Drew Is sup
posed 10 be large holder of various stocks which
it is supposed will upon the market, unless an
extension be obtained. The suspension and the ac-
companying disclosures win doubtless give rise to
much overhauing of collateral securities held by
orr banks and trust companies and create an I'M
pleasant state of things Wall Street circles on
Monday, and it will require the most delicate and
careful management on the part Of the officers OF
our financial institutions to avert a panic. The
announcement of the failure was made i'll due form
at the First Board, when some 5000 shares or Lake
Shore were sold for their account, under the rule,
as it is termed 1t apparent that this failure
rs well as that of the Warehouse Company, few
DAVIS ago. was anticipated by certain prominent
operators who put off all their stocks upon the inno-
cents severa days before the public knew what was
in the wind. In nearly the whole list there was
decline from the opening to the close from to q
per cent Toledo and Wabash suffering most, Rock
Island declining II, Northwest per cent Lake
Shore H. Pacific Mail !, Union Pacific I. Ohio and
Mississippi and Western Union ! each, and st. Paul
and Central and Hudson !. The actual figures as
to opening highest lowest, and closing prices were
~ follows.