, 1873-09-09
WALL. STREET.


=. Markets.
/ Special Dtapatch to Tho Chicago Tribune.
STOCKS.
NEW YonK, Sept, 8.--Tho recent dec1inS IT
Rtocke aud gold is attributed to weakness Of the
asaocIntod banks aa exhibited In tho last weekly
esatemont, tho to8u1ar autunnal demand fol
currency In the West, uncertainty ~ to tho con-
dltion Of the Government Treasury, And last, to
jay Gould. Tho bulls aro sanguine and conf.
dent TINT m upward md spirited speculation in
stocks Is. forthcoming. Tho market opened
steady, but soon gavo evidence Of debility, pricoa
declining Il to por cont. Western Union fell
from 901 to 8SA, Paoino Mail from 43 to 4056,
Wabaah from a594 to 64]l, Now York Central
from 104 to 1925, Lake Shore from 9111< to e014,
and Rock Island from 107 to 1o51f. After tho
First HoArd thoro ras q partial recovery; at
noon thurd nas ded1ihe to the lowest point Of
tho day; after o'clock tho market htondily re-
covered; and at tho close prlcda rero abova those
! current at tho opening gzsf'n + 9o''nSsB
oponod at 11216, but. through stories Of aecrat
salos Of gold BY tao Treasury, tho price declined
to l12h. Advantage was taken Of this doolinc
to covor short contracts, which raiscd the mar
ket to 112H. but before the cloao It had declined
agatn to 112, c1oaing at 112@l1216. Az result
Of these unuBunl clangoB In tho market, a1l
enormous amount OF business hns boon trnna-
acted. Business st tho Gold Exchange Bank ia
ropresentod as tho lhrgest clearings Of any day
sinco Black Friday, in scptembor, 1860.
THE GUARANTY AND SECURITY COMPANY.
New YonK. Sept. 8.--Tho Now York Guaranty
and Security Company, No. ~ Pine street, which
has capital Of 81, ,066, 200, aud nominal sur-
plus OF goo, 600, and party whose business IL
ia to zcnd ise paper on securities, haa boon COM
this way Several Wostern rai1road companies,
and construction companies building railroads
have borrowed paper from the Company, and
aro unable to return tue money obtained thereon
In time for the Company. to protect this
is IN strong hands, and IN extension vii, Il Is
thought, bo granted. The Secretary, Mr.. Boil,
said that be did not fool authorized to state the
names OF delinquent railroads or amount Of
the IT,, securities which have proved unavailable.
Of the Directors OF tho Guaranty & &c.
curitY Company with aomo Of theao railroads,
he said that Francis Skiddy and Sheppard Candy
were interested In the Missouri, Kansas d Texas
Railway, Which Is ono Of the number.
sENgATIoN REPORTS,
The panic and disaster which wero predicted
Tor Wall street by tho sensation-1nonger4, mado
thcir appearance today in this form: Two in
dlsldualB who are not connected with Wall
htroet, are short Of cash about e100, 900, and
to meet their notos, Which will fall duo tho lat
ter part Of this week. To continue the e1cite-
mont, a report Was started that Western rail
road had gone to protoBt on it's papor, but this
was officially denied, and VAS followed BY ata!e-
ment that there was nothing at al the matter
with tho Company. Later, It was reported that
ono OF the warehouse companies Ind failed. but
this, also, turned out to bo false.
FLOUR.
There waa fair domand for low grader Of
hour. ALL grados undor 90 better. Low grades
OF winter wheat extras, now, in fair demand for
export. At tho close tho market is strong.