The Portland daily press., 1873-09-20

New YORK. Sept. 19-Ecenlao.-The grain and
provision markets are all unsettled y the all street
panic State and Railroad bonds and CITY bank
shar9s have been practically neglected, while the
dealings in Railroad stocks continued on an onor-
nous scale this afternoon. The principal transac-
lions have been in Pacific Mail, Western Union and
Erie.
Gold opeled at t1oh, sold at 1125 down to 1874, up
to l1S, Off to 1lls up to 11la and CLOSED at 1l1s %
11l3. Governments duh and nothing doing Stef-
ling Exchange duh at 1881 q 1921, Money at per
cent. gold. bid without transactions. State bonds
Pacific Mail OPENED at 373 sold down TO 3Gl, up to
3Sk, down to 32a, up to 3G4, down to 331 up to 49,
down to "a cash, up to 49, down to 36{, up to 80,
down to SCI cash, mp to 80 cash and a99, down to
3Sf cash down to 35a, up to 37k and closed at 80 a
81 Western Union opene at IL sold off to TO- No TO
76a, off to 49, up to 76; oil to TO- up to r. off to69 up
TO ~ oil to Is, up to IT, of to SO cash, up TO- off
61 and 81 cash. up TO 10, up 72a up to a. off t. 70
cash up to 7c up to 769 down to 74, up to rs, down
50; Erie oe,ed at $50, SOLD up 81 up to So, then
554. then 545. and closed at $40 q 545; Contra
opened 50, sold down to 81, up to 90, off to 81 cash.
up TO 81 cash. down to 9l4 cash, up to 49, up to 49,
dowu to 9i4, down to s3s, AMI closed at 93a "a 81
Union Pacific opened at 20t, sol at 81 cash, OFT to
~ q Il cash, up 10 Is 1s2 cash. up to 1Si, down to
Is, up to p, Oft to ISL, up to 20.
The Union Trust Company kept their doors open
and continued till O'Clock, hour later than the
usual hour for closing. The Manhattan Bank also
kept open till the same hour, to certify the Union
Trust Companys cheeks Richard Schell expresses
confidence of the ability of the Union Trust Compa-
ny to weather the st The assistant secretary OF
the company asserts that the company can pay two
dollars for every of its indebteidess. Prominent
bank officers OF the opinion that the worst of the
fash is over.
Il Money all day very unsettled and early in the
Jay it was impossible to borrow in consequence of
The prevailing excitement. Stocks were turned at
difference of from to per cent? and the late deal
ings In Money on the street at a II per cent.
per diem. Foreign Exchange was demoralized by
the tight Money market and the prevailing excite
ment Business in nearly all branches of produce is
at stand still, and in fact almost bordering on de-
moralization. Everybody is looking out for their
Money and holders of goods disposed to real
ize. feyerish feeling prevails and many merchants
fear greater depression unless the Government
comes to the rescue The rates paid for carrying
Gold to-day l-32 7, 6, a per cent. Gold and
per cent. and fiat for borrowing. The days bust
ness at the Gold Exchange Bank was as follows: -
gold balances S1,546,7l0; currency balances $780,,
717 gros cearances Sl22, GOO. The ASST. Treas
urer to-day paid out $4,000 for the redemption of
500 bonds The railway and miscellaneous specula-
ton active and excited from the opening of the
Exchange till the very close. The volume of business
exceeded the immense transactions Of yesterday,
while the fluctuations of greater brea tth and
much more cratic. 1t would be useless to attempt to
describe the discourse of prices usually given in
this column and only the chief points of interest
be enumerated. As failure followed failure in quick
succession, wild scenes enacted in the Exchange
where every time a surgng crowd would throw over
board immense blocks of stock almost regsrdless of
the prices they brought,