The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1873-09-20

the name ;of. the Syndicate. 1t is not .
question Of appointment nor design. 1t Il
q subject ot contract, and 1t must be car
ried out BY the parties who have made the
agreements. The Department has'noth'
ing to do with Jay Cooke & Co., but with
the Syndicate as q whole. The First Ma
tional Bank is the government depository
lbut / do mol think there was much money
in It belonging to- the; government. Be:
\ sides we have bonds;t that win more thar
cover any losses, and we shall befully pro
tected. The government win not lose .
dollar. The Secretary also says he has
saved 81 900 Of the Navy Fund by
stopping the payment Of a draft sent BY
the Navy Department to Jay Cooke,
Mccullough & Co., London. 1t was sent
for the use Of the Navy in foreign waters"
BANKS FOR WHICH COOKIES WERE PINAN.
| - 30 .53.J OcIAL AdESTs. ~
The following are the banking institu.
tions and trust companies for which Jay
Cooke & Co., are financial agents in this
lefty: Freedmans' Savings Il Trust Co.,
|of Huntsville, Alabama; Freedmanss Saw
ings & Trust Co, lofuMobile, Alabama;
Jay Cooke & Co., Washington, d. O.; Jay
Cooke & Co., Philadelphia; Pennsylvania
Trust, Co., National Bsnk, Washington;
Freedmens' Savings s. Trust Co.. olJack:
sonville, Florida; Freedmens' Savings 8
Trust Co., Tallahassee; Freedmens' Saw
ings & Trust Co., New Orleans; First Ma.
tional Bank Of Duluth; O. w. Clarke &
Bro, Duluth; James T. Brady & Co.,
Pithburgh; Molson's Bank, OF Montreal,
Canada; and Jay Cooke, Mccullough -
Co., London, England.
''r a7 A TRIO OF FAILuREs. :. -
NEW YORK, Sept. 19.-Fisk 81 Hatch
have failed, while Deireitas & Rathbone
are announced to have suspended. The
firms of Bere Il Edwards and Eugene
jackson have also been announced in the
Stock Exchange as failed. s ss t-
! New YORK, Sept. 19.-Of this cluster
ol failures, Fisk & Hatch is the only firm
ol any magnitude Their embarassmenls
have been caused, II Is said. by having
their money. locked up in Chesapeake &
Ohio Railroad bonds, and are thus, una
bic to respond TO- the demands Of their
depositors in the existing and socaiied
unreasonable panic. Confidence IS ex'
pressed that every COLLAR VIII DC paid py
this firm. Failures have since been an.
nounced Of Ihomas heed' O Co, w.h d..
Warren, Greenleat g MOTIFS, ana george
Bailly. This seems to be another black: llas
Friday, and the dreary, rainy Gay con-
tributes 70 the financial gloom. God mas
reached lla, ana STOCKS n some le ltl instances
nave lallen ~ per CENT !tgsg.ra
NEW YORK, sep. lGTA, ,snstp tteac. Z.
tion IS reported y, nnuef !ne mean announcement
that sanaerphts ffokets; eate :puyipg
heayily.t s5 .. ~ Z ~ % rS'sv
A publication this morning Of q run on
the Union Trust Company, yesterday,
caused a,real run on the institution this
morning. The failure Of Richard schell
Is the occasion ofOI this rtin,l depositors
apparently tearing that he Is mixed up in
the affairs Of the Trust Company, from
the tact that his brother Augustus Schell,
Is Vice President Thistlast named gen.
tieman expressed the utmost faith in the
ability, Of the Union Trust Company 10
meet all demands howeyer'pressing. =
Fisk, s. Hatch state that their suspen-
sion can only be temporary, and was
caused by loans called in on good securi-
". which could not be realized upon the
rssSrtcr;o;s, Thav sav tbe securities on
No. i.s,as .Saa,,, ,s t,ann gada sa.ances areton
wnen lucy. nas1 c.aasSs.aaa a aa'"oSu y. nh;a oua
Two 'railioa9s, elesapeaae " oh'o anu
Central Pacific. When both are COM
pleted they expect to be able TO resume
business as sooi, as the panic ceases, +,
p Theodore Biddell and A. Ne Kidder are
,hsi latest announced ailnres,7 $500
sl' M '''''' - anu,s nnn, rS,: ~ - srncs..S isa .
rhs ,o,,owina shows line decline on,
,..a,.r @ 's s,ocvs. s,ocss onsn;ns 'tat 11.s0
Msw iS .York Central On iosl. Hsslem leo to
ia. Frieisl to ss: f,ske t,nure' s7I to ss;
Wabash "a 10 30: Rock Island OIL to SO;
M;lwankee q A. Paul so to 33: Ohio &
n Mississinni, 9et 10 ls7l: Union Pacific %
~. cleveland Columbus & Indiana Cen
tralesl to l0t: Western Union IS 10 6ss;
Pacific Mail 8sr 10 3ea SIsa&o ugsA 30 =
ipWIi np,iS i.AnSrpaiA. siS i Sent 1S.1rhe follow.
mo was nosted his morning at tho door
If law Gooke 4, Cd: b.. =. ,', 3.'
= t.Fo our depositors-Some little time Is
required to adjust our accounts and 10
hear from our different offices, when .
statement will be prepared showing me
condition o. our anai.sa Waica W. NV wlls ni,no oe
.ae 70 yUa nnt VIA ipSnlSspcs