, 1873-10-18
THE CRISIS.
A Monotonous Day on
Wall Street.
Stocks Very Irregular, and
Weaker at the
Close.
Gold Firmer, and Closing at
108 IL.
Jay Gould About to Retire from
Active Business.
Further Discussion on RESUMPTION
Of Currency Payments.
The Pooling Of Greenbaoka Severely
Denounced.
St. Louis VIII Resume Currency Pay
ments Oct. ~.
Anticipated Rise in the Rate of Dis.
count by the Bank Of
England.


street hos once more Settled buck into Its Gus.
tomary channel, and Is gliding along smoothly.
Nothing occurred in the street to-day to broak
tho uonotouy Of ordinary routine busineBs.
Prices fell slightly from the high figures which
ruled yesterday, but tho decline was regarded
as only the natural result Of the too rapid ad.
v6nce.
QUOTATIONS.
Western Union opened ut So. foil to 5e16, id.
vancod to b9115, and finally dropped back to 5eh1.
Lake Shore declined from 6oA to 6s, 1oso
to 6e>4, reacted to es16, advanced to 10
and closed ut 67H. Now York Central declined
from 891 to 8815. roso to 80. and cloaed at 881<,
Rock 1a1and rose from 90 to 921{. closed at DIX.
Wabash rose from II to 431. and closed at IS.
Northwestern advanced from 401f to ALL, and
eloeed ses at AZ. Pacific Mail dropped from a4s{
to 399<. roso to 3413, and closed at 32h. Uniofi
Paeido rose from 1915 to 2o4, and closed at l99z.
c1osed at 1o9A. Money ruled az high m i, and
- low aa per cent, closing at per cent.
BANKRUPTCY nualonB
:, Many rumors woro in circulation, concerning
tho bankruptcy proceedings in which several
prominent houses were involved, bit only QUO
Of these stories could bo verified. This was to
the effect that bankruptcy proceedings we're
about to be instituted in The mattcr Of tho estate
Of the late Horace F. Clark. Application to
Chauncy N. Depew, counsel for tho estate es-
tA0ltEhcd tho fact that no such proceedings had
Deen begun or wore even contemplated.
ANOTHER FLIGHT or nus1ons.
The periodical rumor that Commodore YAM
derbilt intonded to pay tho Lake Shore loan to-
day Wae revived, and Receiyer Wesley. Of the
Union Trust, Company, Raid ho was dot aSaro
Tho Announcement that Jay Gould intend
ed retiring from active operations in tho
street WAS tho subject Of much comment. Many
secuted this assertion on the ground TINT NJ.
to be able to ieayo. Others believed it true, and
reasoned thnt Mr. Gould, having made bis for
tune and soeing tho fate Of Commodore Vsnder-
bilt, had determined to. let wel-enough alone;
st'll other gosBippors advanced the opinion that
tho recent panic, aud, therefore. RS he could not
continue operating on his usual extensive scalc
had condescended to retire. Lastly, it was
beloved that the retirement was for the
eperations Mr. Gould Informed reporter today
that the strain of the past fow years had always
been very great, but 1t had beei1 remarkably &C.
we're during the last few weeks. His wifo had
been i'll, ind her physicians had advised that q
change Of climate would boneht her. He had
been gradually withdrawing from his operations,
he did not believe TINT tie worst of thc recent
trouble had been folt, inasmuch is there must
DO reaction on the other sldo before matters
been in Wall street in several weeks. He
fet that he could retire in comfort, and
had already Withdrawn from the New Jersey
southern RasiEoad. which would pass iato tho
control Of the Baltimore d ONO Railroad Com
pany. He Was also arranging for Withdrawal
from the stock brokerage firms, With which 10
"ab connected. He vas contemplating three
months or longer Wait iu Europe or tic south
Tor the general benefit Of his family.
PRODUCE MARKETB.
Mofe inquiry for flour and tlrmer tono noticoa-
issa freely 6boice tamyy brands 1 stesdy GH''Sa It
the close the market was better; and there waB
Wheat market firm; limited arrivals. Exchange
opened stronger, but is tame this afternoon.
Good demand for spring for export. Slight
advance in exchange aud favorable nsws from
Europe impsre . iirmor tone. Winter Bteadler
rates, though weak. are not materially changed.
Vessels for charter In fair requoat, and markot
tir1n With some advance In rates for grain.
10 tho Assoctattd Prtss.1
WHAT AN EVENING PAPER HAY6.
- NEW Yonk. Oct. H*-rhe Express says:
There wa0 renewed discussion in fipancial Cir
clos On the question Of banks resuming currency
paymenta. as the matter now stands Now York
from this position. at an enrly day. Whom the
panic started, our banks had e34 .00o, 900 legal
tender notes, but this amount WAS reduced to
GIG, 100000 when the "pooling" arrangement
Ell ana to 600 in one week after
Treasury paid ont 81, 1000, doc legai-tanlers for
bonds purchased, sna over @4, ,od0 900 for other
disbursements. Mllliona Of legal-tn,dors aro
stockings, and mattresses and nothing but tho
complete restoration OF confidence will empty
theHo hoards Confidence Ahs been partially
restored, but the Clearing House now stands In
people and tho banks.
"An Improvement waa reported In bank circloa
Today but yet tho legal-tendors reported to tho