Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1873-09-26
TELEGRA PHI.
ESPECIAL DISPATCHES TO TIE GAZET1
FINANCIAL AFFAIRS.

FINANCIAL AfFA2ks.
New York, Sept. 2G.-Ihe city is being
drawed of money al Il pretty lively rate Since
Saturday las, out going monies through Adams
express have been about $ 800, 600 daily,wilic
that coming in, exclusive Of what went to the
Treasury, amounted to about S6OO,OOO The
United States Company have been sending out
from 500, 900 to SSUO.OOO a day tor several
days past, while the receipts through that nc
dunn are very small The National Express
Company is carrying away an amount about
three times as large as usual at this season oil
the year, and American Express Company Is
dolag nearly likewise.
Hows l. Macy, in their circular sent their cor
respondents the day they suspended, say ::
1--WE shall proceed to convert our assets INTO
cash as fast as possible and apply the same to
the liquidation of our debts lit the meantime
We have TO ask forbcaraucc Of those TO whom
we are indebted All monies received on and
after this date will be held sui:iect to the order
Of the owners thereof.
New YORK, Sept. 2G -1hC Stcck Exchange
remains closed.
New York, Sept. 2G.--Tweny- iaur hours
uoticc is to be given before the Stock Ex-
change opens.
New YORK, Sept. 2G.--I'hc committee of
SC'cu dppoiulcd w Ihe Eo'>i"i"S eo'i'u'''Ne
for the purpose OF preparing plan for clear
Ing stocks submitted report today. No ac-
ton was taken in connection with the report
New York, Sept pa special dispatch
from Chicago, says the Second and Manutac
turers' National banks have closed.
LONDON, Sept 2G.-Four hundred and
twenty-eight thousand pounds severe pns and
81 900 gold bars were drawn from the Bank OF
England to-day tor shipment to America.
LONDON, Sept. ID p IN. - The amount OF
bullion withdrawn from the Bank Of Eng land
on balance to-day is ei13.000,
CHARLESTON, S. G. Sept. 2G.-Thc Peoples
bank of South Carolina, the Pcoplcs' Savings
bank and the South Carolina Loan and Trust
Company have suspended currency payments
The National banks and other State banks
pay as usual.
LONDON, Sept. 2G. --4:30 p. IN. American
securities excited with a large business doing at
large fluctuations. There is much uucasiness in
the market.
LONDON, Sept. oG. -4:45 p. m.1he mark
ct for all American securities is Hat aud prices
have declined heavily,
New YORK, Sept. pa Chicago special
says the Cooke County National bank has closed.
CHICAGO, Sept 2G. 1t is just announced
that the Union National, Manufacturers Ma
tonal and Second National banks have sus-
pended. A notice on the door OF the former
says that the bank has abundant securities,
but is compelled to suspend payment on ac-
count of lack of currency unlll 1t Is able to
realize. Nothing has been lost from the FAIL
ures and the depositors will be made safe.
LONDON, Sept. 26.--i3o p MT is be-
licved that the heavy shipments Of gold to
America ale ,dy reported are not made in
consequence Of the low nominal rate Of cx-
change, but to settle liabilities the bankers
here incurred before the financial troubles IN
New York began.
INDIANAPOLIS, Sept 2G.---Thc financial OK
element continues, but IN much mlldcr
form than heretofore.
The indianapolis clearing house, at meeting
this morning resolved to adopt for two days sub
stantially the same Ian adopted 10 New York,
Chicago aud Cincinnati. 1t is hoped that by
that time confidence will be fully restored.
The run still continues on Ritizlnger's bank.
The depostors are mostly Germans and their
claims arc being paid in full as last as present
ed. No doubt exist as to the ability OF the
bank to promptly meet all demands.
New YORK, Sept. 2G.-Scveral parties arc
short of gold aud refuse to pay per cent for
borrowing Consequently there is a hitch in
the clearance Of gold at the Gold Exchange
Bank.
CHICAGO, Sept. 2G--DiSpatchcs from the
best informed sources received at the Office Of
the Associated Press, in this city, from most
Of the principal cities III lirois and Iowa, in
reference to the present financial troubles in
the East, concur 10 saying that the ac-
ton of the Chicago banks 10 following the
course of the New York banks in suS
pending payment Of large sums Of currcn-
cy is almost universally sustained and commend
ed by the bankers and business men as wise and
timely ana calculated to arrest the panic and
pave a way to relief from the present Difficult