New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-09-21

sum 100000 IS
FEELING AT THE COTTON EXCHANGE
/ AL BUSINESS SUSIE ,DED--A MEETING CALLED FOR
To-pAY-TALKs WITH MEMBERS
i'opor1 iainahll, president of the Cotton Ex-
coalee' called an informal meeting of the members
3at ~ O'Clock yesterday resolution was adoptod
10 close the Exchange for the day ana also to close
on the Gay OF the funeral IL also resolved to
/ mold general meeting of the Exchange at 3:15
D. III. to-day. The following were appointed n com
mittee TO draft resolutions: NJ. b. Fielding, Joseph
leoinan' Thomas Scott, john II. Inman Walter r.
Miller IL. Lehman, George Copeland, r. Fachiri
/ ana t"orge h.. Moore Among the members Of the
Exchange without exception, there deep feel
j 'ng of sadness over the Presidents death and of
strong sympathy for his family. The belief was
general that values would not he affected, as they
had not ocen. and that General Arthur's Adlrlnis
tration would be acceptable to the people.
tobert Iannahi president OF the Exchange said
that there was but one feeling among the members
l OF The Exchange and that was Que If
the deepest sadness. ave have watched
I as others have" said he, throughout
inc whole of the Presidents illness. and have been
1 ui'ed with constant anxiety. President Garfield
vas not known to any extent PERSONAL, among
members OF the Exchange. but they all held him in
high regard as man. and IS the executive head Of
the Nation. All that say is that there
part of All members of the Exchange
10 say more would be but repetition Of what is
universally felt. AT the meeting tomorrow oppor-
! tunlty Will he given for remarks aud all members
viii unite in paying all possible respect to the
memory of the President and his high qualities
Although his DEATH ut last WAS sudden and sooner
than expected. there has been intense excit
ncnt; IT was expected sooner or later. and the
was consequently received with comparative calm.
ness. although it was a great shock, as it was"
David I. Watts, one of the oldest nombers of the
& Exchange said; THE people have been waiting
! - long since the shooting of the President tha ex
ctcment has greatly abated Ii not 81 intense a.
At has been. but there is universal condemnation
of the fellow who shot tho President. and grca;
sympathy for the dead mans family. / never saw
sympathy more manifest and unanimous. The Cot
ION Exchange adjourned although there j. no law
"a Justify IT, il is Il time when sucL things cannot
J be considered. | was here Overlooking Hanover
Squarc at the tiDe of the assassination of Lincoln
The excitement then was much greater of course a.
! Lincoln died few hours after being shot; had
Pre- idcnt Garfield been shot right down the excite
ment would have been even more intense.
There is expectation here of any radical
change in General Arthurs administration. Cotton
went down little to-day. but that due to other
!cauSes. The opinion prevails on Change thai
tiencra Arthur is of good abilities and that
be VIII Dc especially conservative and careful II
is expected that everything will go as smoothly rs
# President Garfield were living. IL is the general
opinion that there will be no change in the Cabinet
save with respect to Mr. Blaine"
A RENINIsCEECE or WAR TIuFs.
or the excitement ~ hen Lincoln was assassinated,
Mr. Watts said further: Then We're not al
lowed 90 open their mouths Change to buy OF
SELL people beside themselves. Iwoald not have
dared To g. ont TO buy sell $4,000 ia gold. The
shooting of Lincoln was lookcd.o on more or less
dictated by Southern opinion bat now everybody
has upheld Garfield. voted for Hancock. bat Car
field was President and as such received the
support of us all. He VS. honest man and
of great ability. Everybody though, would
condemn any extreme measures with the creature
tuiteau This Is the most Ew-abding people in
the world. and Il would he most unfortunate time
for any violence. II Gnitcau wcro standing ont
there in the strict would protect hin 10 The extent
Of my power, as old rs am
Summing NJ President Garicld's life. he said ::
- Such life shows the man mu-t have possess Il in
tcllect. energy and Will power OF no common
Walter r. Miller treas,.rcr of the Cotton Ex
change, sald: " # We had had the power, we would
have cnscd the Exchange absolutely; IT will be-
open the formal call AZ y. m, but no one l..
expected 10 transact any business. The public mind
. has been prepared tOr this. The Nicr-Presidcnt
prepared. and all the authorities have been in
mem over the news of the Presidents death. Peo-
pie. for time did not know bat there might be al
stat" OF anarchy-Or n certain uneasy them,
TIC fact that the possibility of state of anarchy
has been discussed shows the apprehension. The
mineIpai reason Tor tins was that the term
is ali settled now there is perfect quiet az the EX
changes over This phase of the sad matter Thc|
country would not 20 10 rnin in any case Certain
every change; they do not know what policy Mr.
Arthur VIII pursue, and 80 are uneasy Some go sol
toward tho South; but this is not likely; the
thought does not affect he market. ut least.
NO FEAR OF THE NEW PRESIDENT.
There is indeed no real apprehension concerling|
President Artaurs course The feeling about him
has changed very much since President Garfield was
shot His recent course has evoked admiration. II
ia thought that he will undoubtedly make special
effort to secure n good Administration
Mr. Froegh said: Good Will TOW ard General
Arthur is very strong A friend of ipnc, a proIni-
nent merchant, u Democrat and Southemer has
met General Arthur at various places of late, and
says that there is not biggev-hearted man in the
country. and that General Arthur has suffered
greatly during the illness OF the President"
Henry tcntz wcl-known merchant of No. g
South Williams said There is but one feeling
to-day that Of universal sorrow and sympathy. The
news of the Presidents death has had effect
whatever on values; prices have even improved at
the Stock Exchanges, and the fluctuations cotton
came from other causes. The matter OF apprehen-
sion concerning the incoming Administration OF
General Arthur is already discounted by the
discussion OF IT, which has shown that
there vas no ground for it, There are
no approximations whatever. There is Perfect quiet
ia the mark cts"
OF President Garieds character and financial
views Mr.. Hentz said: lie was man the basis of
whose character WIS excellent common sense. His
financial views of the very best lie Was look
ing toward resumption six years before it took place
HlS influence was Tor good and wholesome legisia
ton. He was man of strong, good common
SENSE"
NO BUSINESS IN THE COURTS.
ACCOMPLISHMENTS ORDERED BY ALL THE JUDGES