Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-09-25
LATER.
More Good NeNsi

NEW YORK, Sept. 25-I.10 p. ma tout
among the banking firms and brokers Offices
ana visit to the sub-treasury this p. N, shows
q stlli further Improvement In feeling Con
hdence Is much restored, and the BELIEF is Il At
matters viii soon assume a decided improve
ment. There is considerable activity in stocks
ard they are bought and sold now Tor the
first time in four days on certified checks
The following are the quotations at this hour
Union Pacific, l9a2o; Western Union s., Paci-
he Mail, 2sa30 Wabash. 4aTat2. New York
Central. s9a9O; Ohio and Mis- sissippi, . bid
North Western, 39a40 Lake Shore. offered al
- Rock Island, Sjas6; Harlem, IOs bid, st
Paul, offered at 81.
Everything is quiet up town. The run on the
savings banks is subsiding.
A Better Feeling i'm Philadelphia.
PBtLADELPHIA, Sept. 25.-rhere J. a more
hopeful feeling among merchants, and the
prices OF goods continue very steady. Third
street Is quiet All the national banks, savings
banks, and such Of the state banks as did not
suspend pursue business in the usual manner.
The board of brokers continue IN session and
adopted the following resolution:
RtSa'red, That until otherwise ordered certi-
hed checks or due oils on any OF the associated
banks will DC received in settlement Of contracts
between the members of the board.
Precautionary Measures in the West.
IL CINCINNATI.
CINCINNATI, Sept. Z5.-The Cincinnati clear
ing house association has just adopted the fol
lowing resolution:
ReSOlged, That for the protection OF our com
mercial interests and for the purpose Of pre-
venting drain Of currency fIom the banks and
bankers OF this city, We do hereby agree to
ADOPT substantially the plan adopted In New
york. viz. They will not pay out currency on
the checks except for small sums to be optional
with the banks upon whom they are drawn.
but they will certify checks drawn on balance
ID ther hands payable through the clearing
house only.
IN CHICAGO.
CHICAGO, Sept. 25.--The Clearing House As
ISOLATION held an important meeting last night
"A COS tdRF he tn4n aaf sir ffnsn
animated discussion, which lasted till near one
O'Clock this morning, the following resolution
was adopted:
Resolred, That until further action, aud in
view of the disturbed condition OF affairs in
New York and other cities, aud the difficulty in
converting balances into currency, and on al
vice of the bank examiner, cur members be
recommended and authorized to suspend cur
rency payments on any large demands made
upon them, either from country banks or over
their OWL counters.
Salt Lake City Out OF the storm.
SALT l4AKE, Sept. z.-The financial crisis In
New York has not affected the situation here;
but, in view OF possibilities, several English
companies have offered assistance.
The Situation Abroad.
LONDON, Sept %, $50 y. m.-rhe bullion in
the Bank of England has decreased e376.ooo
during the past week. The amount gone INTO
the bank on balance to-day is $4,000. Erie
railway shares active. Last sales at Az.
CLOSING RATES IN LONDON.
LONDON, Sept. ., > p. m.-The rate of dis
count in open market for three months bills is
I per cent. The rate for money at the Stock
Exchange on government securities Is * per
cent Consols, 92k for both; bonds of 1865, old
s5x; 1865, 95x; l0-4os, 9ox; new fves, 81
THE PANIC THE ROAD TO SPECIE PAYMENT.
LONDON, SepI. 25.-The Daily Netcs believes
that the financial panic In New York will lead
70 the resumption of specie payment.
THE MEETING CALLED BY Mr.. WATSON
70 consider the affairs Of the Erie railroad cam
pauyl took place to-day, and was attended by
one thousand persons. The meeting was de-
scribed as stormy. A resolution of thanks "a
Mr., watson was unanimously adopted. The
names Of Bischofshein & Henry were greeted
with q storm Of mingled Kisses and cheers Mr.
watson, In the explanation of the affairs of the
company, said there was some apparent du-
biousness about accounts, but he believed they
we're correct They wanted SO, 900 900 imme-
oiateiy 70 finish Improvements already COM
menced, and to lay a third rai. The meeting
was attended by many Americans.
MokE SPECIE FOR NEW YORK.
LONDON, Sept. 25--1s5, 600 pounds Of bullion
wae snlpped rom Liverpool for New York to-
Gay. The steamship City of Brussels took
1900 pounds, the Adriatic 81. 900.
Another Ocean steamer wrecked.