The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-10-01

/ by the GOVERNING COmmitteG, (which
and app p6inted a COMMITTEES to
settie contracts .ot dsfaulting parties. i
To- cohqlusion." he, added, Sail 7 nsk
ia5s Is. ssSsssJ ou .a!P esoa ot:asr { : 5ss.
the burden that has fallen upon us, and
to 80 conduct business as to enable the
E1change to curry on its work success.
fully. Loud cheering greeted these
remarks The members then proceeded
With business. Much better feeling ap-
pears to exist, and the opening prices Of
| stocks SHOW feeling OF confidence. "a
| later despatch says there was considera-
be pressure to sell stocks, at decline
OF one to thies per cent. from the OPEN
ing prices Brokers are indisposed to
operate tor customers on margins, until
affairs are more settled.
CHICAGO. September 30.-The Union
NATIONAL Bank has gone into liquidation.
MEMPHIS, September 30.-At large
meeting Of the Chamber Of Commerce,
this morning, to consider the financial
situation, resolution was received from
the banks Of this city, to the effect that
they would not suspend, but would
open, in addition to the usual business,
an exchange account, to be paid in
kind. for the purpose OF moving cotton,
which was unar 'uousy adopted by the
Chamber.
WAsH1saroS, September 3O.-At the
Cabinet meeting to-day, the business
was routine. Present. Fish, Cresswell,
Williams and Richardson.
Probahilities-Fo the South Atlantic
States, increasing Northerly to Easterly
winds. generally cloudy weather, and
rain accompanying tie disturbance on
the Gulf, which will probably move
North eastward into the former
Application was made in the United
States Circuit Court to-day for an order
| enjoining tbs Comptroller of the Cur
rency and the Receiver Of the Bank Of
the Commonwealth from proceeding
further in the matters Of the bank; also,
for citation to show cause why the re-
| ceivership should hot be vacated, and
| the appointment declared nnll and void,
on tho ground that tho bnuk never re-
fused to redeem auy OF its circulating
notes. The citation was granted, and
made returnabe OH the 7th of October.
| The banks and banking houses asso.
| ciated to do nothing more than to cer-
tify checks, do but little business, while
those not in the association have largely
increased their business, paying all
| checks upon them as usual. Among the
| latter Is Geo. Riggs, who, since SAtur-
day, has refused to receive SS0O,010 on
deposit. not caring to enlarge his busl-
ness, and employ additional clerks.
| LEAvENwoRTH, September 30 Ihers
Is great indignation among the stock
| holders and depositors of the First Nh
tional Bank OF this city. in consequence
Of the Vice President ordering the bank
suspended, aud ut the same time draw
ing from tue bunk nearly Sl0D 0OO in
| currency to sustain the credit of Scott
u Co., brokers, Of which firm Vice-Pre-
sident Scott is u partner.
LITTLE Rock, September 3O.-The
Attorney General yesterday withdrew
| the suit against Gov. Baxter and the
Governor issued his order disbandipp
the militia.
New York. September 30.-The re.
sumption OF Smith & Sewers was re-
ceived with cheers at the Stock Board.
The impression prevails TINT oil tho
leading houses will pull through.
CHARLESTON, September 30-The
Union Bank continues the payment of
currency. It's deposits exceed its dis
bursements by $4,000 or $1,000. Cot
ton sales to-day for greenbacks, instead
OF exclusively for sterling, as has been
the case since the crisis.
MONTGOMERY. September 3O.-One
yellow fover death to-day. Five mild
! cases are under treatment. a spread is
not apprehended
Telexrnphic-Comm Reports.
LONDON, September 30-5s 0l. Eries
423s. The Donnn takes EI36, 600 to
America.
PARIS. September 3O.-Rentes 36f.
400
LIVERPOOL, September 3O-Noon. -
Cotton steady upiauds $500; Orleans
9lS@9i4; sales -. 900 bales; speculation
and export 1000; sales Of uplands, basis
OF low middling, delivered September,
8 1916.
| FnASKroRr, September 30.-Donas
oG.s.
LONDON, S :ptember 3O.-The dom ana
for discounts ut the bnuk and on the
! streets is active. Mt 5.
| New YORK, September 3O-Noon. =
Go.u opened Mt 1898. Stocks dull and
very feverish. No price for money.
! Gold ll2s. Exchange-long 6,.; short
IA. State bonds quiet. Cotton quiet ;
sales 230 bales-uplHnds 1914; Orleans
Is. Futures opened: October 1Tl..