The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-09-30
NEW YORK.

New YORK, September 29.-RcSolutions
to the following effect were adopted by
the Stock Board: No member shall be
abSoved from the rules. Members sol
vent at the close Of Board falling to com.
ply with contracts then existing, shall be
declared insoIvcnt. Contracts shall be settled
by certified checks through the clearing
house. No demands for grecnbacks or cur
rcncy shall be allowed.
The Governin. Committee of the Stock
Exchange have decided that upon the re.
sumption OF business tomorrow commit
tee shall be appointed TO whom all claims
will be referred, and sales under the rules,
if necessary. will be made privately instead
Of publicly. But three days grace will be
given before the cases 20 into the hands of
the committee.
Glcnham & Co., extensively engaged for
fifty years past i'll the conduct of woollcn-
mills, have suspended.
Wall street and Broadway were compare
lively quiet to-day.
The usual gatherings Of outside dealers in
stocks assembled on the walks and in The
street, and some few sales were made; no
excitement. however. The regular brokers
have been arranging their affairs at their
offices preparatory for to-morrow's open.
ing of the Stock Exchange. The feel
ing is generally hopeful. 1t is anticipated.
however, that there may be quite number
of small firms who will be unable to meet
their obligations even under the rules
adopted by the Governing Committee: and
doubtless several within tue next three days
will be sold out under the rules. There Is,
however, no panicky feeling, and there ap'
pears to be general disposition to make ali
settlements As easy rs possible under the cir.
cumStances.
This afternoon there was more activity.
The Improvement was consequent upon the
autcpated action of the banks with view
70 buy sterling. This action was is follows
At meeting this afternoon of the Clearing
House Association, Messrs. Dawes Il Hum
phrcys, in behalf Of the Produce Exchange
made the following propositions: That The
CLEARINGHOUSE Association appoint com
mittcc of five, representing rs many diller
cnt banks, to buy commercial bills with blll>
Of ladino attached. and make reqniSitiOr
on the loan committee for the issue of clear
in"-ho,lse certificates for the benefit OF ship
prrs. The proposition was referred TO The
loan committee, which will probably report
Tomorrow.
CHARLESTON.
CHARLESTON, September 29.-At meeting
of the Chamber OF Commerce this morning
which included the largest asscmDlagc O.
bankers and business men that has met y
Charleston for many years. the lollo"i3%
resolutions were unanimously adopted IL "a
indication Of the policy thought most likely
70 facilitate the movement OF southern pro
ducc to market and enable southern debtors
to settle promptly with their northern ere.
ditors, thus relieving the money pressure Ill
around:
II. Resolrcd, That the president be in
structcd to prepare memorial to the Presi
dent Of the United States and the Secretary
OF the Treasury praying that tie Secretary
will place and maintain on deposit with the
Assistant Treasurer at Charleston the sum o
five hundred thousand dollars, to be used by
him in the purchase from the banks of eX
change on New York; and that such memo
rial be forwarded ut once to Washington
with the name OF the Chamber Of Commerce
OF Charleston.
%. ResOlred, That mean while the Pre-
silcnt of this chamber be authorized to Tor
ward the substance and purpose Of such
memorial by telegraph to the proper person
in Washington"
At the close of banking hours to-day al
the banks had received more money thar
they had paid out. Currency is scarce.
Assistant Secretary Sawyer telesraphs the
nresiJent of the Chamber Of Commerce that
Charleston will have all the relicl anoroeo
other places.
GEORGIA.
L.
AUGUSTA, September 29.-All the banks
here have partly resumed currency payments
but the cotton market continues dull anu
nominal. Only tifty-two bales were sofa TO-
day.
SAVANNAH. September 29.-A panicky feel
ing exists here among bankers and mer
chants.
SAVANNAH, September 29.-The Merchants
National Bank and Anderson the banker
continue to pay currency.
ILLINOIS.
CANTON, September 29.-The banks here
have suspended.
CAIRO, September 29.-The banks here
have suspended currency payment.
NORTH CAROLINA.
CHARLOTTE, September 29.-The bank
here continue paying currency as usual te
move cotton.
MISSOURI.
ST. LOUIS, September 29.--Curry & Kirby,
at Jefferson city, and two banking houses AT
ChilIicothe, have suspended.
PENNSYLVANIA.
HARRISBURG, September 29.-The Nationa
and Savings banks have suspended currency
payments. a.
PHILADELPHIA, September 29.-Benpmli
Bullock L. Sons, wool dealers, have failed.
VIRGINIA.