The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1873-09-25

I rnfurn taS4'sh'A O. H--N F "'''' ""' . ~ L
) .S'GEo EDWARD KING. 8;
l -- R. L. CUTTING, JR:
! T n WI. vi. & {; dsss,ss' Ssassss.
!, The banks are paying. the manufac-
0 turers psy.rolls in greenbacks.
!, WThe Cashier Of the Fourth Nationa
Bank expresses the opinion that the Issue
, Of; ;$l0,0 900 900 additional loan certificates
] by the clearing house and the promise t
r repeat tho action Unnecessary Is placed OF
a sure foundation, and that no further
} trouble need be apprehended.. at thu
various Savings Banks throughout the
city matters were extremely quiet to-day
The people appear to be regaining theil
j. senses again and to haye confidence In the
: liability Of the banksF A,large number o.
deposits were made today by persons
, who were most anxious 10 draw theil
money on Monday. Near the close OF the
day speculators who find profit in financial
,Ipanic gave circulation 10 number d
wild rumors, which proved wholly untrue
Some OF these were TO the effect that noted
banking houses had suspended, while
really the business OF these firms was go
ling on quietly as. usual. The failures, ol
dry goods s'tirms were also reported, but
no basis for the reports could be discov.
cred. The representatives Of number OF
the largest houses asserted that business
was better at present than at this time a
year ago. The leading grocers, petroleum
and hardware dealers throughout the city
deny that the present financial excite.
ment has had the slightest effect
whatever on. their business, and
say that rumor to tho contrary are got up
BY SPECTATORS who wish the panic to
continue. The Rapress says: "The day
closes with an improved feeling all round.
The action OF tho clearing house, In the
absence sot additional suspensions to.
gether with the non.confirmation Of pre-.
vious alarming reports from the West, ara
among the causes leading to this result"
The following, relative to the produce
market. 10 from the Erpsess: Business 10
the different lines Of produce was entirely
blocked, and under pressure to realize, val.
ues were decidedly lower. The only busi-
ness was in small way. The local trade
who are necessarily compelled to buy 10
supply the urgent wants. The shippers
were entirely excluded as the selling OF
exchange was out OF the question. Many
Of the prominent -four and grain men,
who have supported tho shippers by sup
plying them with produce, hoping that
by to-day there would be some market
lor the exchange, withdrew and declined
to contract any more bills, Wheat and
ilour'at still decliping:and provisions are
hardly, saleable OF any price,. Cotton Is
dull and heavy'and a generals feeling oi
anxiety prevails. The produce exchange
has petitioned to government to relieve
the block in the market for foreign ex-
change by buying, certain amount OF
bills now offered. .R'TFhH ...,...
The situation at the close of the day
was marked by; q, better feeling, and
ing up old contracts.
Judge Fancher this afternoon, on the
application Of its counsel, modified the
Injunction against the Union Trust Com.
pany SO as 10 permit 1t TO issue register
and countersign. certificates OF stock, &c,
for parties with whom terms were agreed
upon for such service prior TO Sept Goth.
Judge Fancher also granted an order per.
hitting the Receiver Of the Union Trust
Company H. y: Wesley, non NJ 'fans,et " ,he 'he
Aiosny oi.y % bsnk Sovvvv, aom an..;ai ~ .nI
lanus VI sne iiuss y SouiP1 aaIa Ssn,, .nd % na,
uePoslt VI noueys " sa.u ", Dn' ~ '5ana.;,. a ~
suGIect " ny Eru,uaty m, .alsS ~ s,atan,ar,
III, nts y. oniSn .aas =, us. ;ah Tha nirectors sav
Min W teauy .on'sIi ss.;ii ha nhio ~ neu doi.
.nat .ns Scpan n. Ma .hoar,onnt W. ae ~ t ~ M tbo
~, 'Ss uo anu da1aIea,en s to ..;,i NOT er M
naad .a.s S sSaS na1 "''S'''S "''.iNss
eeeI Mp@ ysoy,ouv. YopU. sent s4-Gen, Hilihouse
states that he has exhausted his limit, and
will make no further purchases; to.mor.
row, of fiye-twenty. bonds until he re-
ceiyes further instructions from Washing.
Ing, having already paid out the twelve
millions, as authorized. : -. - -; = \!
The Trustees OF the Union Trust Cons
pany have not yet finished their statement.
From the examination insIltuted u now
appears that the deialcatlon OF Carieton
will be over $40OOO0. Inc company,
however, expect to be able 10 resume
shortly, and profess their apillty 70. DC
able to pay dollar for dollar. g'!-,!''s.!
Failure of o G. 4 o. r. r. Agency
p4 In Baltimore -sy' ~ 4
BALTIMORE, Sept. a4.-Brown, Ian.
caster g Co. well known bankers and
GSsssneske SaSseTs q, 'ns oSo R Rstesd, having ins
branch houses in New York and Rich.
mond. suspended this afternoon. The
firm states that the suspension was caused
bv an unexpected and Unprecedented run.
Il Ia said That a statement will be made
tomorrow. : ssalg -ilvisa ! a ,!TyH-a4
s,,na,,o,, In .CincInpatI. 4"
~ es., o. Tss..sl,, =.
| CINcINNATl, .Sept. I-lhsre " ny