The Cairo bulletin., 1873-09-20


TIoN,
II is utterally impossible to get anything
like satisfactory statement of the con-
dition of affairs.
NOPE To MEET THEIR LIABILITIES.
PHILADELPHIA, September l9--The
firm of Dehaveu & Bros hope to be able
meet their liabilities, which are small.
The panic has caused run on the Fidel-
ity Safe Depo,i. and Trust c.. There il
long line of depositors drawing out
checks. The directors
ARE CONFIDENT
of their ability to meet all demands The
distrus. is caused by the suspension Of
the Messrs. Clark, who were prominent
officers Of the company.
MEETING OF RANK PRESIDENTS.
NEW YORK, September l9.--The bank
presidents met lat call In case of neces-
sity, and a committee was appointed to
perfect plan for relief tomorrow. Our
latest rumor On the street is that the
GOVERNMENT WILL COME TO THE RESCUE
by buying 5000, 900 Of bonds Govern
mcnt aid must come in more decided
shape TO he Of any effect.
JAY CooKE CO., TO THEIR DEP1stToRs.
PHILADELPHIA, September l9.-The
following was posted this morning a; the
door Of Jay Cooke = Co.:
NOTICE
"To oUg DEFoslToRs Some little time
is required TO adjust our account, and TO
bear from our different Offices which will
be forwarded to you through the post
office. Until then we beg your kind in
dulgcncc, assuring you that every effort
will be made 20 lquidate our entire in
debtedness with tho least possible delay.
Signed JAY CooKE X Co.
THE LONDON HOUSE soIAENT,
This nrm received dispatch from Lon
don this forenoon, declaring that their
London hVuSo i. advent, and that the
feeling in London towards jay Cooke,
4 McCulloch " Co., /. very friendly. IT.
must be remembered that the liabilities
of the London house are unlike those Of
Ihc AmtIiChu ulhHOh'h' iHtS Hie "v'
all due on demand, but at regular we'll
known dates, 30 they dnow exactly how
much money is needed each week
OTHER SUSPENSIONS.
PHILADELrHrAi September 10. - The
following broker, have suspended I y
/ o. Douglas D. w. Baysrt }. \. Yer.
Zoe. T.I, I .,1 4. Efflg,-gI. p.,,l &.
. Co. All OF the above excepting Gil
/ Jrough, are small concerns.
/ NEW YORK, Septem oe' ''.--E, y. Ran
{ dolph " 20, bankers o. feuhsy!Va-
MIA Central railroad, 1. Conner,
announea their susp- :ten1ro
S Allison, and ;. d. rs arc
.ncluied in the 'lsp'
NORTHERN pa,
H,,, Yory SOM. .nue'
yy1L.,o, secrc.s-y.r .... ., pa.
o;sc railroad /, .os.L,n, o.. tr, .y.reD.
sion Of Jay Cooke L Co.. it. financial
s,o,,. aid hahsd no J,ybt Of the future
. of m. rn,d. /. would be copsiru,tel
There were those supporting it would 10,
allow i. TO be abandoned. The board ol
directors alone Represented millions. and
the company had not a dollar of unpaid
paper. Up to he present time not notc
Of there. was ever seen in Wall street;
no. boad was hypo,hicated by the CON-
pany, and, consequently, the company had
no liabilities hanging over i. that might
be called fJr without warning The interest
of tho company bonds was not due until
the frs. Of January mex. and /: would
then undoubtedly be met. Tha, portion
Of the road already built was earning
more than was anticipated from it. That
portion Of it running to the Red river
country had already developed iae car
ryiug trade. lie believed the road
would DO hiadered considerably more
by the hostile sioux than by
financial reyulsion. Neither force,
however, could prevent the successful
completion Of the road Two Of The
member. Of the firm were directors Of the
Northern Pacific railroad. The result
will be that the work Of construction will
be somewhat retarded, bu. it is more than
probable congress will bo s,ked to
grant all extension Of two wears to
the compsny bsyond that arcady =
GRANTED 70 en.bldit to ,omp!e,e the road
No such enterprise was ever before at