The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1881-03-04

F"r ii,c Tins
Mr.. EprroE please allow me SPACE in your
paper for an account Of u Musical Soirec, given
b. the pupils Of Mrs. Gillian Mt the the resi-
dcnce Of Col. J. l., Young, the evening OF
18th OF February.
For the past five or six years Our pco. have
been mainly Interested in the building up of good
day schools, and the impression has been crca-
ted that music has never received the rromi'
nencc due 1t. in our Female .\c rdcmy. IL -,
therefore, with pleasure, rs well rs pride, that
| write of the tlourishing condition of Mrs
Gilliam's music cla-s and the progress of her
pupils in that ancient and almost divine art.
Mrs. Glliams class numbers twenty
three pupils. and is composed of young ladies'
from all portions of the county. These Sorccs are
given every two mouths, and trustees, parents
and friends, arc invited to notice the improve
mcnt made by the pupils, and To encourage them
in their efforts. 1t is almost needless to say
that these entertainments are beneficial to the
pupils, rs they make them ambitious and pains
taking while they arc thus enabled to confer
much pleasure on their friends. 1t also
quite source of qualification to observe that
several of the best performers were from the
county OF Union. The success of these Svirccs
! is sure indication Of our progress in civiliza-
ton, AID shows that the love and cultivation Of
music is becoming very general. The Fro
! grummc was varied with vocal and instrument
! tai music Of high order and it must DC all
mittcd that the pupils acquitted themselves most
crcditably and satisfactorily. 1t is hoped the
young ladies will fulfil in the future the prom
,,f 4 in iIrir m N
social requirements. and C beg them to accept
our thanks for Il most delightful evening.
Union sh ould now he congratulated on her
educational advantages. INVITED GUEST
TuE EXCITEMENT IN New luEK.-Ncw York,
February 2j.-Thc Past, in its financial article
to-day says: During the first hour and n halt
of business the Stock Exchange was Il scene OF
wild excitement and everything connected there
with at the highest tension. Excited stock
brokers bid II per cent. for mrncy for one day
use in addition to Il per cent. per annum. Pri
ccs of leading stocks fell a. per cent, rallied
VI, per cent, again declined a"3 per cent.
aud with frequent fluctuations the market wa:
extremely fcvcriSh. This state of h"i"SS con
t,nurd until about l.3O o'clock, when news
/, | again came that the treasury had given relief
| ON inquiry ut the sub.trcaSury 1t was learned
.hat Mr. Sherman had ut last done something
practicahlc and then yesterday there was
sudden change in the whole situation AMI where
, ! there had been anxiety to sci there was ~
caycrncss to buy. The latter, however, wa
somewhat modified Ivy the experience OF ester
,lay But on examination il is found that the
treasury has really now offered something whici
is likely to bring immediate relief, and II WI
he strange if this does not turn the tile whlcl
was running 50 Strongcy toward a general pane
Since the treasury began (littc before IL q clock
To pay out money for uncallcd five ana SiN PEI
cent bonds the market is less stringent and the
rate about six per cent. plus onc-cishth. Airea"y
in less than an bour the treasury pald out Owe
81 10000 lawful money for five an' SIX pei
! cent bonds presented. 1t IS reported that
well known banking house has S1,ooD Wno q
these bonds which will he put in nj once. n
soon ns the money for the Slo,Wo.u 600 hond
comes nuit II rcurn to the normal condition .
: the money market is to hc expected
EXCITEMENT IN VAIL SrHEEr.-" ashinGtoh
February. 2j.-Twcniy four National BANKS t"
,lav made deposits Of gal tenders, aggr"galin!
- ga" -. i.@~'"lr>, u,,, t.,tnotihr - -
llG.l!9
y New York dispatch says "Thcrc has beer
great excitement in Wall street caused hv ih
extreme Stringcmcy i'll the money market
stocks declined from > To IL per ccut