Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1873-09-30
TELEGRAPH.,
ESPECIAL DISPATCHES TO THE GAzETTEli
Finarlc al, An;ifrS,

Financ. al Affairs.
New YORK, Sept. 3O-.l2: sc. There is cor
siderable pressure to sell and realize on stocks
and prices have declined from one to three per
cent, from the opening quotations. The fol-
lowing are the prices at this hour, the market
being ieverish and unsettled :. New York
Central, 90; Pacific Mail, 50. Brokers gener;
ally display Dissemination to operate for custo.
mers on margins before affairs become. more
settled. .'-', ..'.~.. ; :+:'.-' ID!
LONDON, Sept. 3O-3:30 p. H. The amount
of bullion Withdrawn from the Bank Of Eng
land on balance to-day is ejO.J00
LEAvENswoRTH, KS, Sept. 20.-There is
much Indignation among the stockholders and
dcposltors Of the First National Bauk in this
city 10 consequence of the Vice President Or
dering the bark to suspsnd and at the same
time drawing from the bank nearly 500, 900 in
currency to sustain the crcdltof Scott e Co.,
brokers, of which firm the vice President. Ly-
man Scott, is a partner. The Germans Say
ings Bank and Iuslcy, Shire & Co., bankers,
re-opened yesterday and are abundantly we'll
able to meet all demands. The other banks
here are paying checks in limited sums. ~
LONDON, Sept. 30--5 F. m.-The demand
for discount at the Bank Of England, as well as
in open market to day has been heavy at the
rate of per cent. E. r -~' p :. a.
New YORK, Sept 80. The sub Treasurer
paid cut ST, 500 on discount OF the November in
tereSt. .u.... -,...-.
Smith u Seaver, who were reported suspend
c1 on the 10Th inst, announce that they will
pay all demands ia full aud continue business
lis heretofore.
LONDON, Sept. 30.-A special dispatch from
Berlin to the London Hour hints at financial
troubles in Germany. Fancy stocks and bank
shares are not salcabe, aud some have fallen
as much as % per cent There is some talk of
government Interference. ..,I.
CHICAGO, Sept 30.--The directors of the
Uuion National Bank, after paying out about
500, 200 yesterday decided at meeting last
night to go into liquidation. The officers state
that the assets are abundantly sufficient to- pay
all liabilities in full.
New YORK, Sept. 50. The announcement
WAS made u the Stock Exchange that Smith
4 Scaver would pay 10 full IN cash all claims
against them. This was received with cheers
and haed as good omen The impression
now prevails that all the leading houses will
pull through. .
There vas decided improvement in foreign
exchanges, which was looked upon as lavura-
bic symptom OF returning confidence Leading
bankers advanced their rates to LOG! tul
sixty days sterling and 1911 Tor sight but ac-
tual business was at reduction from these
rates. Gold has been weak and lower The
price declined from lI2I to LIZ and then re-
covered to ~. At he opening loans IN gold
| were made flat to 32 for use, but afterwards
30 was paid for carrying gold. Southern
State securities are dull and without feature.
CHICAGO, Sept 80. The City Council have
passed an ordinance authorizing the issue OF
| $500 900 in Treasury scrip with which to pay
the current expenses Of the city during the
lock up of currency. There is much difference
Of opinion among business mcn as to the expe
dency Of this issue. .l..
MEMPHIS, Sept. 30-At Il large meetiug OF
the Chamber OF Commerce this morning TO cou-
| slider the financial situation. resolution was
received from the banks of the city to the effect
that they would not suspend but would open in
| addition to the u, ual business an exchange ac-
count to be paid in KIDD for the purpose OF
| moving cotton, which was unanimous sly adopted
| BY the Chamber.
PROVIDENCE, r. l., Sept. 30.-An adjourn
cd meeting Of the Providence banks, this noon,
received and adopted the report Of tue commit
tee recommending a liberal policy on the part
of the banks toward each other and their GUS
toners, that each bank should request its de-
posltors to draw checks payable; through the
clearing house and should certify checks payable
through the clearing house; that deposits made
in the banks in currency be paid out to such
dcp0Sitors in currency, aud that deposits made
in certified checks be paid in kind. 49,.
LONDON, Sept 30-1he steamship DOMAIN,
which sailed from Southampton for New, York
to-day. took l3G OGO pounds IN bullion. i
LONDON Sept 3O.-.-The $4,000 pounds
drawn from the Bank Of England on balance
to-day is to be shipped to New York. @.-'