Chicago Daily Tribune Newspaper, September 21, 1873, Page 2

mpotent man on Landall fho tinmoto show thom Brongh " (ho utiaing, and. pford thom taciilies for collecting_inforamntion. ‘wora stiamefully uie W tho timio of _tho Jubiles, wud it i3 110 wonder they wont homo vosad and growlod_about Ghicago, = Thoy Mo o toldonm ot publio opiuton it heir rections_of country, snd it wonld bo o great mistake Lo leave any- thing oo to mako thele vislta ploswint wnd agroes ablos "Tlio wnuagors ure dotorminod_to oxteud overy Bocewsnry conrioey, and gentlemon from tho country will fid n onpdlatile vecoption. e NALROAD FAGILITIES, 1t is proposad o build o sido track ot the oast end of tho hutlding, u that pusscugers on oxeursion_ trafun comlng i by tho Inke aboro can Jumy frumi tho cars Into thio bulkling, ey ean find ovorything tiey want thero, Thoy ean cat tholr tueala, and, if they wisl, re- turn home tho samo evening. 1t {u ltkoly, howover, Hiat Bl who como will stay n day or two i1 thio city and ju- vostiguto 1ta glorien. 1ONGR 7O WHOM HONOR, ) Tho grent work s almost Qulaliod, andl too mitoh raifo cannot ba awarded fo tho gontlemen who have olled day aud night {o make it tho suocess it In stiro to De, Tho ontire Exccutlvo Committeo desorves credit, but thero aro o fow membera who managed tho details with 08 much enorgy as if it waa tholr privato_onter- rise, Among theio nro N, 8. Houton, dohn B. rake, Edwin Lea Brown, Goorg 11, Lafliz, and Rich~ ard T, Grane, ~ All honor to auch public-epirited citl- Eous, ‘Tlio bullding was lighted for tho firat time Inat even- ing, snd prosented o mognificent sppoarance, Six thiousand gas-Jots shed a brillinnt 1ight, THE OTRNING, ‘Tho fnsuguration will tako placo Thurdday evening, Ar. Boutou will dellyor tho building to the Assoca- tion, and Mr, Poltor Palmer will recolvo it from his han Addraessos will bo delivercd Ly Mayor Bond, Gov. Boveridgo, and Benators Oglesby and Logan, HOTIOE, All persons hiaving work ready for the industrisl claas miust doliver it during the day on Monday, Tues= day, or Weduesday at the Jackson atroet ontrance, wrlicro Mra, Hendrickeon, Buperintondnt of that do- partment, will ba present to tako chargo of i, Each plera must bo marked with tho namo, nstionality, nnd Feslidanco of tho owiior, Tho prioe, tod, must be slated 1 RELIGIOUS. The IRock Miver Mothodist Conference ==Interesting Moports=«Addrcsses by Tromincnt Divines, Etc, Svecial Dispateh to The Chicago Tribune, Mrvors, I, Sept, 20.—Tho Conforonco ws opened by tho Rov, L, Andorson leading the devotional oxercisca, Tho following local preachors wero olocted to Doa- cou's ordera: Erie Knudson, Willlam Whitham, and Teano Witcomb, The Rov, Dr, Curry, editor of tho Now York Chris- tfan Advocate ; Dr. Edwards, oditor of tho Northiwest- 1 ddvocate, ond tho Rev, Dr, R, L. Dasholl, ono of tho missionary Secretarics, wero introduced, The Rev. Teter Stur, of the Free-1ylll Baptist Ohurch, was recognized 0s an Eldor in tho Mothodist Episcopal Church, Tho Board of Btewards reported how they had dis< tributed tho money collected for superannuated preachers, aud while only from $50 to $300 apleco liad been recelved, yot they had pald 75 per cont oftho elaima allowed by the Board, Tho Rov, J. Caldwell rosd tho roport on church extouslon, oxpressing gratitudo for past success and urging incrensed offorts to Lelp by money to bulld temples for God’a worship in all needy placos. Tho Rev, I, J. Huston was complimented for his offorts in saving tho Pecatontea Oliurch, ond help waa askod for the Bureau and West Aurora churchos, Horo Dr, Ourry was loudly called for, and, na ho ap- peasody lio was roundly choored, Ho wus happy o tnd oven horo somo of fhe mombors . of thia groat " Wall on t0 40,000 congregation,” and, of course, thought tho Now York ddvocate motropolitan, As e sat down there was a loud call for Dr. Edwards, editor of tho Northicestern, 1o wanta 5,000 more subs scribera right off, and total of 60,000’ by the noxt General Conference, To Dr, Qurry’ ho sald, #Go on, £0 08, Doctor ; but remember Yo ato coming.” The roport on perlodicals was then read by the Rov, V. H. Daulols, clicoring on all our publisbing {nterests, and capeclally 'tho two matropolitan, the Now York an Clieago, Adtocates, Tho roporta wero sdopted. Tho Rov, Dr, Raymond presented tho Committec's xeport in regard to olacting Iy delogates to attond tho Annual Conferenco sessions, It provids for tho elec ton of threa Iny delegrtos from cach district, to bo chosen by the District Conferenco or by the Quarterly Cuonfercnca in enso thero i no Diatriot Conforence, 1t was adopted. Tho Rev, J, F, Yates rend a roport on the Biblo cause, paserting it fo bo tho only common ground for tho existenco of a truo brotherliood and u God-speed to tho efforts of the American Biblo Socloty to cireu- Into tho Holy Beriptures in all tongues and lands, The Teport wis adopted, Tho Tev, Dr. Dasholl addreseed the Conforenco on mistlonary matfers, Ho saw no caugo for discourago- ment, Woare fixing to plant Jesus’ Kingdon in ¢l hearts, and going ou to tho conquest of tha world for Ohirist, Ministerlal fidelity in tnking up misslonary collectious he thought thd chiof thing nssuring suce coms, Tlio Rev. L. Meredith preacntod tha Committec’s ro- port on theald of the freedmen, when Dr. Tust, the agent, mado somo vory enthuslagtic and toliehing ro- marks. Io alluding to the dark ruces, he said miiions on millions in China, Indis, and Africa are of tho dark races, Why, God bless you, wo aro greatly in the mi- nority, brethren, Bishop Sampson showed the great need of having educated colored preachors l.e lft up thie ma T'hio report was udopted. The Rev. W, I, Strout read the Committea's Teport. on (he seamen’s causo, which was_adopted, with the certain understanding of having J. Nate and J, II. Leonard s agents for the BDethel, and A, P, Mead for 1ho Westorn Seumen's Friend Bocfety, aud also recom- mendiug n unon of both, In the nfternoon at 2:30 the anniversary of the Freed- men’s Afd Sucfety wne beld, . P, Oloveland, Cholrmau, The Rov. Dr, Tust addressed s very largo audiouce, prosentiug tho meed of the freedmen ; how to educate them, and exhibiting some of the grand results already achioved, Hia #peech was followed by a thoughtful ‘and witty one by Dr. Curry, of New York, ond slso one by Dr, Dasheil, which wis execediugly full of descriptions of negrd plety and wit us bo tnd witnessed them, It was sim- ply impossible to keep down the risibilitics, and round afior rowud of applaueo greeted tho genial Doctor, This eveuiug tho Mirrjonury auniversary wae held, The Rey, Dr. Crews presided, and tho Rev, J. F. Yates nud Dr, R. L, Dasheil delivered addresses, fall of beautiful Christizn thouglits, pointing nll Lo tho one coming time when Jusus rhull reign wherever tho sun dotls hib successive jourueys run. WEATHER AND WATER. LOOAL ODSEIVATIONS, Crioaa0, Sept. 20, 1873, Iour of ob- servation, irection and, 5& urce of wind, g & S5 § s 4470 {"., fresh, Fulr, 5423 froah, Fuir, fresh, Fuir, {resh, Fair, E,, fresh, Fair, Fuir, “Maximum thermonicier, 673 minhnum, 43, ‘GENZUAL OBSERVATION, Ci10A00, Bop Wind, 21,10, m, Ziatn] Weather, o Fair, Bar ] Thr| 40 8. W., gentle, 45 N, E,, fresh, 68 N, fre Treck'ridge Butal Cairo.... . ..[10.05 Chucinnatd, 0. Z B4/, L, light, s6chim? 8518, ., fresh, 45N, gentle 7 Milwaukee , 30,21 Vaaliat. 020,06 Trembinn, ¢, Poul,,,, 120,96 alm, 495, E, fresh, 40,8, B, gentle, W., ilght, PRODADILITIRH, Wasirxarox, Sopl, 20.—Yor Snuday, in the Middle aud Lustern Blates, in the mornjug frost, during tho day generally clear weather, with northwest winds, For the Bouth Atlantic dnd Esstern Guif Blates, mortherly winds veering to nortlicust and partly cloudy woather, For the lower lakes und Olilo Valloy, during tho night frost, and durtug Bunday clear, dry Weather, followod on Sunday evening iu tho Obio Valloy by noithust and southeast winds, snd incressing cloudie s, For the upper Inkew und 'tho Nurthwost, fulliug ‘Taromoter, fereusing southerly winds, rislug tempera- ture, and cloudy or threatening weather, DAILY REFOLT OF THE BTAUE OF WATER itk ehiunges S tho 24 hour cuding Sopt, 20, 1873), ClTANGE, Iifs Fall, . 1in, ANOVE Low WATER, 8, Panl Tort Jent b water of 1871 ¥ W. B, RAuFaraw, Obsorvor, Boom 78 Mujor Block, Ohicago, ="y 3vit Convicted of Infanticide, . fomew, Is, Bept, 20~Last Aprll, Wiliam m’l?s;'n':m Uranls Spangler word arreatod on a charge eir hastard babe, breaking its neck aud Td:fixfl;‘;”«'{“fl:o thoe Cedur River from tho rallrond Dridgeat Codar Fulls, Riloy isa beon hold for the sunrdor, and fouud gulity of wmurder in tho firat Heirce, which, undor tho new cods, meana fn- prinontaeut for life, with no pardou’ by the Qov- sruor, ~THE PANIC, Another Day of Fevefish " Excitement in Wall Street. The Stock Exchange Forced to Adjourn at an Early * "Hour. Stocks Decline from Two to Sixteen Per Cent. A Shrinkage in Values of Rail- road Securities of $100,000,000. President Grant Summons Secretary Richardson to New York, The President and Secrotary to Con- sult with Promincnt Bankers To-Day, The Government Bond Sales Give Little Relief tio the Market. The Union Trust Company, Be- ing Badly Run Upon, Goes Under, Government Bonds a Drug---Only the Onsh Wanted. Effects of the Crash at Other promi- nent Commercial Centres, Interview with the Superintendent of the Northern Pacific Railroad. NEW YORK, NEW York, Bept, 20,~Tho rosults of the dsy sro dls. astrous only to s clags of stock-gamblers whom overy- ‘body wishes to sco overwhelmed, and the temporary susponston of threo banks, weakened by outside con- siderations, unoxvoctedly rovealed by distrust conse- quent on the agitation in the stock markat. TUE FIRET BEFORTS Indicsted general rutn,—ruln completo and irroclaim- Able,~but tho truth s, as stated above, Not singlo Liouse of stability, character, or importanco hes sua- pendod, You will havo hud sn ofiicial list of & dozen oro fallurcs, ot it down that thoro is not ono of them New York and the country could not have bat- tor spared than have oxist. Aa fortho DANKS WILIOR IAVE SUSPENDED, one, the Commontwenlth, Liad little charactor since it Belpod Fisk & Gould lock up greenbacks four years g0, and it goes down amid tho hooting of men be- triyed by it then and who despise it now, As for the NATIONAL TRUET COMPANY, 1t4a perfectly solvent, It haa been overtaken by a sudden demand and unexpocted emergoncy, and goes down for a fow days, sololy bacsuse it could not realize in- stautly on {hoe best socurities, The President camo down town this morning with $800,000 of Govern- ments, nd, sfter Gcouring the street, found not a singlo offor for them, On the contrary, every house woa offering Governments for salo, and the $10,000,000 called for by Governmont were quickly furnished by Clews and other favorites, whoaro slways first served whon they need, Unablo to soll, even to tho Government, the Natlonal Trust Company wisoly shut §ts doora and announced ita suspension until it could realizo on its seourities ; in other words, thoy sald to the public : “ Toweyou and others owe me ‘You must wait until I have timo to call on othors,! The suspension of the Unfon Trust Compsny, which lnst night's specisl to you foreshadowed, was due not o inability to realizo on scourdtis, but to the . DISCOVENY OF A DEFALOATION of Carleton, the Bocrelary, for $600,000, nnd an over-draft of Edward 5, IHalght for $200,000, Eight hundred thousand dollars at twenty-four hours notice 18 not o emall sum to pro- vido in_actual cash, with a hungry mab sitting at the doora clmnorous through tho night for funds, The dofalcation was discovored last night, and Augustus Beholl waa ot one timo resolved to make it publio through the morning press, but tho detcetives in pur~ suit of Carleton, the defsulter, advised agatnst it, and finally the Gompany posted s notico on tho daor, which the long Uine of creditors who appeared in the morning rond with dismuy, Full detalls of the defaleation woro furnished early in tho day, Tho smount stolen will not excced $000,000, Tho overdraft of Haight hes led to n roport that $800,000 b dleappesrod, but Carleton is responsible for only three-fourtha of this, It does not yet appesr that he e actuslly stolen this’ amount, Loans to favorite friends, to his father, to religious institutions, in short, lonns on good wil to friends, and faith in tho}Ohurch buve ADBORDED WIDOWS' AND ORPIIANS' FUNDS, 1t in impossiblo to tell preciscly how Vanderbilt is involved financiglly or morally fn this dofalestion, but I buve it ou firat-class suthority that ho 1a badly hurt Dby tho defaleation, THE 6TQUR EXOITANGE. On Friday nfternoon, E, 0, Btendman, of the Board of Brokers, offered In tho Governing Gommittea of the Btock Exchango o resolution to close tho Exchango until Monday, to givetime to dealors to rally and sot- flo, It was hooted down {ndiguantly, and tho proposal was donounced 8s rovolutionary, contrary to proco- donts, and lusdvisablo, This morning tho Exchango openad as usual, altliough bofora the firet call stocks lind broken from 2 to 10 per cent, thio goneral dlstrust, iguoranco, doubt, and amszing stupldity, logother with tho Leavy embarrassmots of brokors, comblnod to creato doubt, sud shbrunk valuos, and tho foola thought tosell out and close accounts 5a s0on and a9 chioaply as thoy could, Tho domoralization extended, and tho wholo list went down with o rusb, Ro that whon tha call was begun 1t was eoon apparont that the atreot was actually broke,and that it was mero child’s play; thag thio boars had deprossed values boyond tho possibility of tho bulls’ paying ; that tho fools from tho country could not or would not put up further margins to stay tho Hde; and that, i the facllity for gambling was fur- nishied, tho whola set of gambling brokers would bo svamped, In this omergency, and under tho addition= al prossurs of tho announcoment of tho fallure of the Bank of the Commanwealth and suspeusion of the two Trust Companics, Bteadiman's resolution went through Hke a doso of relloving salts, and tho fact that the whola streot was broken was concealed for tho nonco, In 1800 tho Btock Exchango kopt open until half tho Lbrokors went mad, and the othor half ropudiated, lika TFlsk & Gould, und s clearing-house Lad to bo estab- Maliod to settlo tho fact that tho streat was bankrupt, ‘This year tho Exchango usgaclously closed up in imo to conceal tho sama fact, protty clear alrcady to those who obuerved olearly nnd bavo no intercst n hoping on otherwise, No sooner had {bo gambllug hell Leen closed than matters ASSUMED A DETTER TONE, Tho banks which falled, oxcept the Unfon Truat Company, weroawamped by distrust, It la tha panfo of diatrust. It fx distrust uot meroly of raflronds, but of overy other sort of securities, Goverumonts woro not salablo, except Lo the Goverument solely bLocauss averybody olso wanted oash for tho emergency, As an fllustration howr oxtended was this doubt snd do- pression, and sbove il the desire to hold on to all oash, I may mention that the Presidont of a large fue surance company, on ol doposifor with Dun- can, Bhorman & Co,; known porsomally for ton yearn to tho principals and clerke of the concorn, woh rofused. payment of acheck fora$1,300 draft to ordor unlosy o would furnish identification; 1o wont to Duncan in_person, and was finnlly rofused payment unless ho bronght somebidy to identify bim, Hoelng that It wna nsublerfuge to iold on to the money until Monday, the drawor of tho check gave notics that ho should protest within fivo minutes, On renchi- ing lils offlco he found the olerk of Duncan, Bherman & Co, thore with the money, IT 18 DISTNUST LIKE THIA v which fa precipitating faflurea of tho botter fnstitu- tious, Tho gambling brokera go undor becauso of the break-in stocks, Tho bunks go down becauso of thin disivust, Thoro 14 not ono of them which can stand n continiied run of tho sort occastoned by this distrust, for 1t is oxacting, unronsonablo, aud pressing. 'THE WORAT AR DEEN HEAOIED Af preacnt appearancos can bo trustod, It fs not much of nahower after all, 88 you will Aco whon tho clonds clear away, and thus far not a staunch, slendy, legltl- mnto businoss houss but has lsughod at tho gale, waya excopting tho Union ‘frust, and crimo hag un- dorinized that, [To the Asacefated Press.] TAR BANKS ON THOE DEVENSIVE. New Yous, Sopt. 20,—Sortly boforo ndon, in tho midat of tho panio, the Governing Committes of the Stock Exchango detormined to closo the Exchango, Immodiately altorward a committeo of sssocinted banks mot at the Now Yok Oloaring-louse, and {t was votad by ali thie ssaocinted banks that thoy would faauo certlilcatos plodging tho associotion us a wliole, thess certificatos to bo Insticd by tho Manager of tha' Clow ing-House to ny aasociaiod bank sgainst tho doposit of tho banks, socuritios, or ssfcts, Tho offect of this action s to onablo A1l solveut concorns in tho fnanclal community to convort thelr ossots into monoy, temporatlly, without any sscrifics 1o themeslvas, Tl Siock Exchange ordinarily 18 simply » modium for convorling securities into canb, In tho provatling panic the scarcity of money pro- ventod thia from belng_accompliahod, scouritics being offorod for aalo at conatnntly docroastug _pricon with- out finding buyers, unless to tho enormous loss of sellors, Iy tho dashio of thio bank cortificatos any bank can realize’ monoy upon its astots, and will bo thus ablo to oxtend to(ts customers all tho accommodation for which thoy find_socurity without compelling tho a2lo or sacrifico of tho assets offorod, Tho wholo mae chinory thorefore of convarsion 8 onco moro set in oporation, and s likely to run smoothly, and sli con~ corns which havo mmacts will ' find o difonlty in converting them into monoy. This action of o bLunks at tho Cloaring-Houso mooting govo T to » fooling of confidence on tho stroot thiat no additional failures wora Likoly fo oconr, d the improsaion obtsinod that the panic was over, FODFION EXOANGE, Loading forelgn exchaugo ia firm, ~ Such s# Brown Dros,, August Belmont, Henry Clowos & Co,, and Drexel, Morgan & Co, do not glva any nign of focling tho promsuro of tho past threa days' crash, WX IT WENT UNDER, Tho too closo adhorenco to tho atrict letter of tho T by Asslatant Trosmuror Tilliowse may bo parlly traceablo to tho carly susponsion of the Unfon Trust Company. It Is underatood that tho Trust Company mado a st offor {0 tho Dapartment of $1,000,000 6,30 bonds, doairing thorefor $1,000,000 greonbaoks 1o rucot tho flerco drafn upon tholr doponita, Tho Company as- nured ho Depariment {liat at the cficlol hour, 13 m., for offering hondv, this £1,000,000 sbould bo offored sucli figurcs ns would inauro socoptanco by tho Treas- ury, This privato offer was not_sccopled, and the doors of tho Trust Compsny woro closed, OTHER DISASTERS QUIOKLY FOLLOWED, Tho affalrs of the Unlon Trust Company are worse thian most peoplo will bo propared o hoar, The t of Carlton's defalcation is large than at first sn) 1t sald it will oxcood $500,000. Tho Directors afternoon considered the quostion of appoin o colver. Oarlton Lus been traced totwo or throo dif- forent hotels in town and ovor to Jorsey City, from whienco io took tho train of the New Jorsoy Contral. Daflway Imst ovening, Tho Direclora havo no effort to sccure him, Tho offorts mado fo ftrace his whereabonts have _been modo by private indisiduale, A mem- Ber of tho Govorning Committeo of the Btock Exchango gave it as Lia opinion, when questioned, ihiot public confidenc wa rotiirning this wmorning, and thio oxeitemont would hinvo diod away without fur- ther sorions disster but for tho suspension of tho Union Trust Gompnny, IWUN OX TNR NHONOKEN FINAT NATIONAL, Ty tho timo thnt (ho doors of tho First Nutlonal Bank of Hoboken Lind openied, this norning, about ffty do- positors had nssembled 'to demand {helr monoy, ~ Tho tellers went to work aud closcd the sccounts as Tapidly us posible, Tho crowd meanwhilo fnereased in izo, util not Tess thon 160 depdaifors wore awaiting thelf turn, Tho depositors aro making arrangoments 10 Lokl a moeting early in tho weck, It is sala that, of tho £207,000 which thio bank has on deposit in Now York, lurgt share was fu tho hands of tho Bonk of tho Cora monwoalth. CITY FUNDS LOOKED UP, 1t was rumored thia aftornoon that n large amount of cily fundsis doposited in one of the suspcnded banks, and that eome county funds were with tho ‘Union Trust Gompany. RUN 0N A HOUOKEN DANK, Tho run on tho First National Bank of Hoboken, ¥, J,, vaa contlnued tiraughout the diy, nnd $137,000 wero drawn out, but the prompiness with which all de~ mands woro met tended to restoro confidence in tho institution, and much of the amount withdrawn. was redoposited, Tho redourcos and labilities of tho bsnk are each placed st $747,000, Tho .uanagers of tho Ioboken DBank for Bavings msacrt that the bsuk is ontirely solvent, notwithatandiug thadofslcation of tho absconding officer, and that no troublo would have ocourrod but for he facility somo persons bave to socuro the publication of rumors cale culated to excite a feeling of distrust, SEORETANY NIOIARDEOK TELEGRAPIIED FOR, Tho President arrived at tho Fifth Avenuo Hotdl this evening from Long Branch, aud {mmodiately tel- egrophed Secrotary Richardaon to meet Lin {n Now few York to-morrow morning, P, 0. Oallioun, Treal dent of tho Fourth Natlousl Dank; H, ¥, Vail, Coahfer of the Bank of Commorca; Henry Clows, Honry G. Stebbios, Br. Taylor, and other ' prominont financiora have invited to hold & conference wiih tho President snd Socretary to-morrow, and determina upon the plan fo mect the prescot crisis, The Presldont oxpressea full deter~ mination to use the entiro power of the Treasury to tho extent of $16,000,000 balanco, and $44,000,000 ro- serves, TIERE Y8 A GENERAL, FEXLING OF CONFIDENOR to-night that tho worst fu over. There was s grest crowd of brokers in the Fifth Avenue Hotel corridors, and Central was bid to par, and contracts mado for ‘monoy at 7 per cent gold intoreat, GUSPENSIONR, Tho fallures of Kotchum & Holknap and E, 0, Brod- head ore the lateat roported. The National Bank of the Commonywealth has sus- pended, . 8axo & Rogers havo suspended, A meeting of the creditors of Jay Cooke & Co, {a to o hold on Monday, Rumora ara circulating livoly, and ono attributea the causo of tho suspension of tho Union Trust Compsny tos defulcation. Edward Haight & Co,, it is just announced, have susponded. : New Yons, Sopt, 20,—Tho Siock Exchange closed at on minutes beforo 19 o'clack, Now susponslons : Tousslg & Flehor, P, M. Moyers, Miller & Walh, Laurens Janopls, Feating & Dlllinger, Williams & Bostwick. Tho Honk of tio Commonweslth sass that tho run on the ~Fourth Natiomal Nank precipitated the run on that institution, and that Ed. ward Halght & Co, overdrow thelr nécount to the amount of $200,000, which they did not mako good to tho extont of $170,000. Undor the circuwmstances tho bank thouglt it better to suspond. Stocks opaned with an_sdvance of from & to 0, but foll from 2 to 95 on the aunouncoment of the faffures of the Unlon Trust Company and the Baunk of tho Commonwealth, SELLENS OF DOXDS, The following wera sellers of Government bonda to- dny: Van Schaack & Co,, $102,000 ; Francls T, Wallor & Co,, $18,000 ; E, Bweet & Co,, $16,600 ; Woston & llubll{‘en, $500,000 : George ¥, Parker, $147,100; Ver- miflye & Co,, $500,000: ¥ 50,000 ; 1 W, 1% ntch & Sou,” $4! Teid & Confont, $18,400; Chaso & Higglunon, $100,000} Wood & Davis, $400,000." Total, &: ‘otal, $2,4( 3 INDORKE'IENT, Y In tha oflico of Fisk & Liateh tho following notico I ponted ¢ “Draft drawn by Preston, Kean & Co., Chicago, on Fisk & Hateh will by honored by Meusrs, Stephens & ‘Allen, No, 25 Pino strect, T UNION TRUHT COMPANY DEFALOATION, The Commnercialwuya: “1L was not known that Carloton, the Secretary of tho Uniop Trust Company, was a Uofaulter unti) wonio {ime- yostorday, whon bis absouce Legan to givo 1160 to suspiciony, Mo ree mained at his_desk until 13 o'clook yeatorday, con. voraing frecly, but. exhibiting signs ‘of oxcilgmont aud trepidation, e left tho Trust Company's of~ fice, enying that ho waa too unwell to romain, and dealred somo reat, Whon it was nocesanry to con™ sult him in regard to certaln mttors ho was 1ot to bo found, and then it was that the Trustoes bogan fo upe oot tliat ho was a dofaulter, Ona hurried oxaminn. tion into hie affalre, it #oon hocame that ho lad beon using tho scourlties of (he Company for his own porsomal wuaes, Ho had made loans to bis relatives and frionds on sccuritica which wero regurded a8 doubtful, Ono wan o Joan for $20,00040 hln fathior, tho Rov, Dr. Carlcton, of the Mothe odist Book Concern hotardoty, Tho svourity for thisono loan, it §a undorstood, is good, but there are othiers that'nro of no great valie, 1o has his favorites suong tho Lrokors, and ' loanod lurge mmounts fo thow on soourities' that it will bo diflioult to seizo on, and this fact, it 1a Buppoaed, Jed tho ‘Urustecs o closd thelr door (Hls moruiuyg wnd seouro {ime to mako thorough oxaminatlon into tho ausots and socur- itioa of the Company, 1t f4 woll known that Curloton has "hod almost tho entire inausgo- uite certaln ment of this great financhl fnstltution, Tha Dresidont, Mr, " Frothingham, bna boon absont in Europe dluco early list spring, Garle- ton “was rogarded ns & thoroughly houost snd owmplary young man. Hoo has beos tho Bocrotary” of tho Unfon Trust Com- pany ainco © 1809, aud tho coucern las rmwn toboan immense financlal institution under s wocroturyalip, Tho Company, it 18 understood hold largo biocks of Lako Buoro accuritics, and unless Commodora Vaudorbilt stops tn and gives Folief thoro 43 but littlo hopo thut tho Unfon Lrust Company will opon for businioss on Monday,” NEZGULAR MARKET REPONT, New Yonk, Soph, 20.—Money f hardly quotabls, Toans having been ropored this ufternoon all tho wiy from 7 per cont per sunumi (o 1 por cent per day, No bank statoment has bopn fxauad up o this hiour—s 1, ¥ §lérting—Tog unscitied to quoto § Gold opencd 113@11%, sdvanced to 195, and closod stilsimia, Los worw, Gand 7 por csht gold ger anuiti and 1.0 to 37, until'Monduy for carrsfig, No cleuringu to-doy, Pl Asstutant-Treasurer diaburaod 224,000, Exports for the week $300,000, Governmenta nowinal, The stock n markot i very small and bonds aro very generally hiold by thoto wh sro not distroased for monoy aud “who purticulurly at uch o timo as tho prosent cling 0 tholr bouda as & sccurity which nothing can sorlously fmpatr, ‘&tate Jlonda—No husiuces fn Blate bonds, Slocke—Lhoro was a bottar toneto thoe stock mare ‘ destroyed, .| aud shouted =8 loud #s he, THE CHICAGO DAILY TRIBUNE: SUNDAY, SEPTEMBER 21, 1873. Xot st thia orentng, ariatng out of {ho annonncment that thio Treanury tould huy $10,000,000 atvioon to-day, Thero was an {raprovement.of 4 to 6 por cont tn valuc, snd great hopos were onlertainod that the ond hnd boon roached, but _theso hopes wero saon wiien it yan announcod - thot " tha Union Trust Company had decidod to atop till Moue dny, 'Tho musponslon of.tho Triiat Company wan fol. Jowed by the ank of tho Commonwealth, whic clonod #t4 doora at m early hour, The oxeitemont and | whioh followod ilio augpenaiot of Uicag tnatitn- fons wore boyond description. TheStock Exchange resombled o mad-houro amil tho sircsta were, blocked with people, nll laboring under great oxcitomont and fienzy, Pricos tumbled from 2 to 10 por cent, and Atockk weoro slaughiored without any apparent regard to values, Amlg the surging ot tho excited crowd in tho Block Exchange, aud contlutied dostritction of values, thora wora fome fow cool and lovel hoads, Theso men concelyed tho iden of imitating the Vienua Plan of closing ‘tho Exchange, and iinnicuiatoly tho Govorning Committeo was convenad to take sotion thereon, In s few momonts tho Bonrd was caliod to order, and from tho rostrnm tho nnnouncemont waa mndo’ thet tho Exohango would lored until turthoe ordors from tho ® President, This was recolvod with grost joy, and tho Exchange resounded Ul choea, *iso gongwas soundod, aud in losd titao than it takon to Tecord thie fact tho wild oxcltomont was over, tho surging orowd of frantio brokors dlsapnoarady and tho Btock Exchanga was nothing but s desorte Tall, All this hnpponed in 80 shorta timo that it secms almost impossible, sud only those on the spot can roalize tho Tomarkablo chongo, All dealings on tho nlreot aro prohdbited under ponalty of oxpulsion, and, thereforo, no buslnoss fa transsctod., ho_following wora tho quotatious on stacks ag nerr 18 could bo nscettalued tip fo tho tmo tho Htock Bz~ chaugo closed 3 BTOOR QUOTATIONS, .8 Dalnware, Lackawanna & Weatorn. Erlo, cash, ,, Erlo proforrod. orlem, casl Hennlbal & B Northwastorn Ohiotk Misaisaippl, cash. Pacifio Mail, cash, Pittaburgh Pansms. Wabash & Westorn, cash, Wastorn Union Telograph, cash. Adama Exprot Amcrican Merchants’ Union. « BT% Wolls, Fargo & Co. .52 Consolidatod Coal, cash, Lo Quicksilvor Mining Compony. caisesser Juid Golumbus, Ohieago & Indiaun Contral, oash...... i BIIAES BOLD, The number of shares sold botween 10and 12 o'olock amountad to 127,255, dividod aa follows Westorn Unfon Panams seee Union Pacific, Hannibal & 8t, Joo. Eri . 000 ( Del,, Tack. & Wost Norlhwastorn, 00 | Rock Tsland. 0,0, &1.0, +0434,700 112,200 Tho oxlont of shrinksy as followa i1 'somo of tho lending shnres: n 8 ){lpnrcent; Western Unfon, 353 Panama, 92; Wa- Dash, 23 e In ~alues for the wook fa Tarlom, ; Northiwestern common' and Rock Islnnd, 10X@10; 8t, Paul common, United Blates Express, and Canton, 17@15% ; Hennibal & Bt Josoph aharcs and Wells,'Fargo & Co., 164@14 1 Lako Bhoro, New York Contral, Ohfo & Mssisalppi, Bt, Paul preforrod, 0., 0. & 1. O!, Dolaware, Lackawana & Western, and Gonsolidation Coal, 12 to 10, THE PLUOTUATIONS, Tho following tablo shows the extreme Suctantions of tho weak In leading shares Highest, Lowest, IN;. Y, Contral & Hudson River stock.,,.1002; % arlom 205§ Erlo.. 88y sy Erio proforred . g 60 Loko Shore, ..., VA (4 Wabnal . Loty sy Northwestorn . 3% A Northwoatern proforred. 0 Rock Talond ....... 4 ‘Ameriesn Expross . 59 Unilod States Exprosa , 51 Atlantic & Pacifio preforrod 10 Conrolidated Coal ..... o Wolls, Fargo & Oo. Expros ] Milwaukeq & St, Paul,, 465 %0 Milwaukeo & Bt, Paul preferred. 8l 6Ty Obio & Mississippl.. 3z 90 Canton ...... 8y 0 3 28 245 10 8¢ 1 g 1 % F S 165 84 % 8 e (3¢ S04 39 bl s WU a0 The shrinkage in valuca represontod by tho doclla of tho abova tablo s fully $100,000,000. PARYIOUS PANICS. Tho following tablo wliows tha lawest prices mado duiig o Cbicago aud Hoston fires and " tio prosont anio t B Chfoago, Boston, Present, 89 88 Now York Con. & Hudson, . i} Haglom..,, . 18 11 . 205 gg}f 85} ¥ d 833 04 101 TN 34 40 MK 119 20; 03¢ CaO. &1, 5 20 bl & 88, Yoo, vowrrers L 28 Hounibal & 8K, Jos proferced Gof 48 Pittsburgh, 112 BGX 129 i S Picifio Mall,, - ol Michigan Contrai. 14 v AFTERNOON BALES. 1In the aftornoon somo salea of stock wore made for greenbackuna bigh 63100 for Now York Central, 67 for Lako 8hiuro, and 76 for Weatorn Union, BOLYENT DANKS, Wit tho exception of tho Commonyealth, all bauka to-doy mude tholr cloarings, and {ho Manbiattan Cone pany cashed chocka of tho Unfon Trust Company ntod Friday, [By Mail,) TUR GPFOTAOLE IN TIL STOOK EXOHANOE, From the New York Sun, Sept, 19, When tho Lulls snd bears reatlied fho Stock Ex- chage yesterday morning thoy woro u troubled look and seemod puzzled, They quietly floated around the great room for a while aud'waited tho frst call. Tho openlng prices woro : Erie, 6 ; Paciflo Mail, 42i; Lako Shoro, 90X ; Northwestern, 53¢ Rock Taland, 102) ; Western Uunifon, 883 ; Contral, 991 (ex-divi- donid)’; Bt, Poul, 43 ; Unlon Paciflc, 32373 O, 0. & 1, C,’'27; Ohio, 80%; Wabash, 66 Harlom,'120) ; Panama, 112%, Then the monipulators of tho murket . slurcd at each other, and thero was & buzzng which donotod that o #torm was coming, Bome talked of tho groat frauds which bavo lately beon unesrthed, and of tho insor curity of fuveatiug in oll kinds of ' stocks, Every ono soemed to mistrust his nelghbor and atood back waite ing for a mave, About 11 o'clock thoy began to strike out from the shoulder, and o panio onsued, Tro mondous uxeltemcut provatlod, ond sslea wore muds Tapldly, rokors rushod to and fro telling oach other that nvurfi!mun was going to mnash, and the flaor of the Block Exchange scomed n pandomonfum, To m strangor it would havo secrmed as though A GEEAT ¥REE FIGUT waa in progross, Woll-dressed men hurriod fn and began t0 kcream somathing that was undoubtedly fn- tolligiblo to thoso around them, for a circlo was oon formod, aud whilo the now-comor yollad and waved his haud abovo Wis head, tho others’ gosticulated wildly All bnd_momorandum books, and Just about tho timo a outsider might aup- pusa tho first. blow would surcly Uo struck ali jottod something {u tholr booky and geparatod to listen to another, Ono broker, {all, dark-comploxionod man, wourlng & whito hot, dosfiod in, snd waviug his momorundum-book about aa ' though defying any ono o approach him, began In » squeaking voics ‘whilch sounded fur sbove tho din around hin: to call noar him 80mo of tha most exciled onos on the floor, Tila uyes flushod s ho shiook Lis flst n hia follows’ fucos, shovod up againet thom, and thon stopped back, 100 whs terribly in carnest,and tho telegraphi-operators, eaim, cool, sud collected ab ovor, wanderod around the crowil lookiug over mew's ehoulders, saying nothing toany ono, and hustoning back to {heir instrumonta to resumo tho ticking which seoms mnover to condo in tho room. A short, thin mon. with A lurgo biuo_necketio gusalicd Dy tooth oud uoenied ready to pounce upon tho tall, dark-comploxioned man, Thoy advauced towurd cach othor, | shaking {hoir st nud shioutivg ob tho top of their volces, Tho Dyutandors drow ucar, nud all shoutod sud rulacd thelr Bauds, Thoy rubled up ogainet cach othor, and Lits wora Jumniod ovor tho oyes of somo, SUIl THERE WERE NO XNOCKDOWNS, only julnm,{n in tho wemorandum buoks, Young men slood on {ho ralling und bebind it and shonted until thioy wore hoario tho namo of some ono wantod, Uni- formed boys with small’ plocos of white paper in tholr hauds otrodo around with a military air ealling ouo whiom gonio one elao on tho othor clrclo islied t sea, Homo laughed and others scemod teady to shad toars s they grasped cach otbor. Thora wero Jurried whispors aud & passing of momorands, and thon o roturn o tho forritio_elonting. “ Yos-hoo” zesoundud through tha room, followed by n succaslon of slmost unintolifglblo wordh und tho bitbel of volcos; tho seramibling about, and tho wild-looking counte: nnnces 1ado Up 8 Bcono thit o utranger nover could Aoon forget. o providing ofticor sat calmly in bin chair, acoss sfoually scanning tho oxcltod crowd, aud then'pleas. antly chotting with soveral gontlemou on tho rostrum, When thio nolso uu groatsat, Lo seowed 1ot Ltppy, and when o uroso, nbout 14 jufutos past 13, holding & sl ploco of whito papor, aud with 8 goodly-ulted avol commandod ordor, Lis cyon airly twinkiod, o shoutiug gessed for's momont, aud the brokers Uno tlock of shoep drow uoar, iy wero worvots i scarcely ablo 10 staud stil but thoy wora' quict long euough to hear that tho great banking houso of TNE THNOND IN TILE QALLERY, among which woro many logantly-drcuscd ladios, manifoated profound lutereet, aud whon sowe onthisie astio brokor on tho floor throw up Lia liatand choerer, they could 1ot control (hemsolves sud olued in th sliaut, At 1 o'clock Pacifio Mall was down f0 37 ; Takio Bhoro, 873§ Northwestorn, 403 ; Rack lsland, 0); Westorn Union, 78k (10" por ocout decliug siuico tho_oponiug); ' Contral, 9153 8t Paul, 41 Union Pacidd, 23 Oy Cy & T, O 345 OLS, 8] Wabnsh, 31, One of tho olest brokors inaur atreat anid tioro hind boon 1o aich panto Aitico 1877, the thint it might bo ntiributed to the building of railr and in ndvanco of tho salo of hondw, thun, incrensing ads Uabilitien and piling up our fndobtedncka, ; + Atnbout hnlf-pret 3 Vice-Presidont Wiicolock, who hind but & short thino beforo taken hin seat, attited in Lin uaual fanitloss ntyle, arranged hin whitn neck-tio, ndjnsted bis oyeglansew, uni arosn, He had o small ploco of paper in hia left hand, 116 rabsed tho gavol and smilod, Then Lo beat on tiio denk for oridor, Tho brol lictuntly eheckod thelr aercaming and looks el bim. " Thers was n slfiling of foat, Vico-Proaldent'a doep bam yoice could mcarcely bo bhenrd, Ifo regrotied to {nforn _ tho Board that the firm of Tiobingon & Buzdam, 13 Brondt streot, had susponded, TLou hio sat down_smiling, and the ' sereams of {ho brokorn agatn filled tho afr, Thoy huddlod logother, and 1 n momont forgot that thero was ono frm leus in o strool o intont waro thny upou buying or rollig slocks, Thio “ ynlioos » wonded Toudor than ovors Tho measengers shrieked moro fioréely than boforo, g0 tha Vice-President twirlod hin oyeglasses aud was DY, JAY COORR & 00, NAD BURPENDED, Fhon they turied Hiolr backs on tha proalding ofcar. Homo yolled louder than ovor, a fow clicored s though thoy woro really glad o’ ear tt, whila many eorrows £ulfy shook thofr lionds, A scoro of brokora wont from tho tuom scarcoly belloving it possiblo that Jay Cooko & Co. hnd boen ‘no wnfortunnto, and. hastened to tho bouking-houso of that frm, The bootblacke and nows- boya woro thero boforo thom and atood loaning ovor tho fron ralling on tho sidowalle peoring fnto tho wine dows sud saying, * 8ho's bustad,’ All kinds of rumors sworo sct affoat i tha Room, and nearly overy bank and railroad company wae sald to Bavogono undor. Honry Olows & Oo,, Goorge Ope dyke, Droxel, Morgsn & Uo,, tho Ponnsjlvania. Corhe pany, and othors woro montfoned among tha rest, Tho Vanderbllt party woro doing tholr utmost to koop tholr Licadn abovo wator, but tholr focs woro doletmined thot thoy should sink, and tho fight becsmo hotter, Tho ery was, “Who Will go next?" Tho small {ry wandored about oxclalming that thay had charlered & ‘balloon ; that tho strect had beon knocked out of sbapo, and that {hero wag no room for them, The prodictod that ovory well-known firm in Brond and Walt atroots would mako a grand naconsion. * This thing will slop to-day,” aafd one broker to ntother confidens T at and iho tially, “Don't’ you beliove it," roplied (ho ono ad- drossed ; “this fa but tho begloning, Wait until to- morzrow,” ® ON TR BIDEWALK thora wae a groat aurging crowd, but tho lynx-oyed doorkoepors pormittod mione but membors to euicr. “Tio Governing Comimiittao attemptod to Lold a meate ing, but a quorum could not bo obtained, +Wa'ro all busted,” said & young man, who ran into tho room In such husto that Ro almost ¥nocked fivo or alx brokers down; wo'ro all up.” Ho was soon in tho thickest of tho crowd, pushing and shoving, snd tlping o Incrasao tho din, A mild maunored man, with bla hands in s pockiots, pacod up and down, snying nothing, and hialting only wheu somo scoming- Iy inlf-crazed Individual, with pencll and memorag- um book, placed himeelf in his path and yolled until any oo would have boen ready {0 bot his Iast cent that a blood vessol would burst, At twenly minutes of © o hesvysot man in gray glothing approacliod Vicerosident Whoolock, who bad beon lolsurely rending somo lettors which ho took from his pocket, and handed him o leco of papor shout four inohos Equaro, Lo Vice-Presidont smiled and gracofully bowed, Then o read the paperand opencd his moith, Tho brokers on tho floor did not otico him, but tho per- #0ns in tho gallery did, and sald, ' LenT's ANOTHEN, Tho Vico-President stood up, and with unusual ¥igor boat on tho deak with hfs gavel. e held the pleco of papor above his hoad and beckoned th bro- ora to comanear him, Thon, -whon it was_almost allll, ho read, with much hesitation, that Richard Scholl was unablo to fulfll his ongagements, When he concluded the reading of tha nota with Yours truly, Tlchard Behell,” thore waa o sceno of ine doscribable confuafon, * It was o tromondous biow to the Vandorbilt party, with which Mr, Bcholl was largo- Iy intoroated, At firat thero was a silliness which wo almost unborrable in 8 placa whoro it 48 nsual {0 boar 80 much nolse, and_then tho foarful shouting nnd scroaming almbst sbaok tho bullding, A long lino of Drokers mado hasta to loavo tho room, whilo anothor lno hutriedly entorod. WIth bated Brenth thoy mot each othior, simply ojaculating “ Dick Scholl 7 ¢ Ay QGod, thia is rflushl" eald ono, and then add- ing in o fatnt volco, “ Any moro gono undor?” No ono soemod to caro to know tho cause of the fallures, but all asked, *Who'a the next?” Vico- Presidont Wheelock did not ceaso smiling, and whon tho gang sounded for closing ho ratsed hia 'right hand sod motioned to the brokers to dopart, The gou soundod again, and, arising, ho rapped with his gavo and, bowing to tha brokors, took hia whita hat and his dolicato cano snd steppod ‘down from tho rostrum, ©Ona moro sound of tho gong cloared tho room of ail Bavo a few whom nono but 3 equad of polica could have peraunded to go, and paniesstricken brokera hur~ ried totheir ofticos to pondor aver tha day's oxcitoment and wonder what would be dono to-doy, ettty PHILADELPHIA, THE RXOITEMENT DYING. &Spectal Dispatch to The Chicaga Tribuns, PmizApzLruLA, Bopt, 20.~Tho oxcitement, though yory great, has somewhat tamed down. Tho Unfon Banling Company havo suspended and fssuod a notico stating that owlog o the heavy domand on them dur- ing tho past fow daya thoy Liavo bacn obliged to suspend payments for o fow days. Another notico of fhoira directs thoso wishing to poy matos or drafia o enter by a spocified privato ontranca on Fourth, abovo Oheatnut, Tho action of Seerolary Richardeon as regords fasuing $10,000,000, and, n c3s0 of necessity, the remaining §44,000,000 of reserye to nld tho Lanking communitics, Is greatly ap- plaudod hore, . DELIEF THAT THR WomsT 18 ovEn, 1t 48 thought by many prominont bankera and finan- clera that we Liavo seen tho worst of ihe great money panlc, ond that a calm will follow. Calm invostigation shows thora was but LITTLE OAUSE FOR THE ALARA, th0 reason of tho suspension of Joy Gooke & 0o, belng thelr iuabillty to reulizo on socuritics in the most une expected moment., The samo wus the case with the othier suspended firma, and 1t 18 probable that thero is mot one but will boablo to pay dollar for dollar and coutinue buslncss. Evory bauk and other institution VENFEOTLY BOLVENT, and thoso who, by their alarm nud timidity yesterday, tried several institutions severely, may have the un- pleasant kuowledge that they unwittingly did their bost to PRECIFITATE A FINANOIAL ORISIS that would hiavo cost many of them, in thaend, far far moro than tho amount of their pallry doposits Clestnut and Third siveels slow o docided falling off in tho exciloment that hos kept thoso thoroughfercs so turbulent for the past two days, Yestorday, Dlack Tridsy No, % the climax scoms to havo beon roachoed, and, though thero wero some suspenslons, atlll the bravory ond ability with which largo bankors and leading montary institutions BTOOD THE DRAIN npon them assured tho public, and was tho moat nctive sgent in toning down tho panfcky feellng which per- vaded our financial contre, To-day, Chestuut and TLird stroots aro thronged still, but thero isa very porcoptiblo FALLING OFF in tho number of peoplo, and thero fa & cossation of that buzz aud clamor which wero ccascless durlng bualnoas hours yesterday, Men work along with moro confidonco, sssured of safety in tho fact thut there wha no quavoring u tho Nations! Danks, while tho Fidelity ‘was, 80 far a8 appearances justifud the opluton, simply trroducible, THE MARKETS, * Tave felt tho Influence of this conthlence, Btocks aro firm, with a tondeney upwards, and the effect on gen-~ eral commorclal cirelcs ia gratifying, "Tho ol upon tha ‘wators fa simply the opinfon thut tho HEIGNT OF THE BTORM has beon reached,—that tho worst is over. Tho Fldelity hod ita doors open this morning. Al oses wero tumed upon fhis iusile tutton yestorday, aud tho univorsal question was, * Gould it, could it stand {ho drain?” Among morchants nnd busincss men generally thero was no doubt of this, Thoy had assurance in tho fact that this {nstitution {8 managed by somo of tho wealthiest and most ropntablo mon in Philadelphia, It waa only among smull tradespooplo and laboring mon, who, from fgnorsnca of tho oetual condition of sffalrs, wero most iablo to susplolon, that any doubt waa folt, From 10 o'clock soatorday foranoon until & in tho aftornoon, an hour ufter tho usual hour, cash wont over tho paying-felier's desk to tho smount of 030,000, Thero was NO EMIANTAEBMENT, no hesitatfon in tho payment of checks, ex- cept when tho smoller denominations of tho money ran out, ond tho stocks of $100 and 00 bills had to b sent out to bo reduced, At & o'clock an officer of thio bank prosentod himselfat tho outor door and sald : ** T desiro to sunounco that tho hour for closfng this Institulion hes arclved, Thero #ra many depositors inaido doors, all of whom WILL BE PAID a8 rapidly aa thoy prosont thoir chiecks, ANl porsona outuldo and within tho rango of my voleo Lalding ya- por against ua sro roquestod to ontor, aud they will o paid,” After tho doors closed thero was o responsive cheer to this anuouncemont, and mwny peoplo with freshly-pounod checks in thelr honds lott tho dustiiption with tho purposo of tholr visit Uuaccomplished, confident (hat if fis officers could givo such publio invitation o depositora to stop up to tho paging-teller’s dosks, thoir funds were safe, Whilo thorunou tho Fidelity was groat, thero was not ,tho alightest apprelousion againet its solvency, Judge Alllion, in tho Com- “mon Plew Court, whou applied to by Jumoa M, Hoverin fu relation o $20,000 Arust funda on doposit thero for protection from pos sible tons, consuliod with Judges Ploreo aud Tulottar, snd, aftor consultation, tho presiding Judge declarod that thoy did not feol that thero was ANY GLOUND ¥OR APPREIENSION a8 to tho solveucy of tha Fidolity Company j that the Court had but a short timo slnco appoluted Isane Hazlchurat and Joln Prico Waotkerlll, Euqs., sud the Hom, Junes Campball, to make sn oxamination of tho sffalra of tho various truat companies of thia city, and that the report which thoso gontlomon had mado satisfied tho Court of tho entlro solvency of oach ons of {ho companies, inolud- ing tho Fidelity, whoso affatrs has boon thus ihor- oughly Investigatod; {hat this roport showed that every mocurity hnd passed undor tho' direct cxamination of thoso oxaminers, and that, from tho Xnowledws thus ncquired, ho did nat fool tho alighteat apprehienalon that tho trust monoys, including thoso depomted by the Court, wora not entirely rafe and protected, and that If Mr, Langh- ridgo woro In tho clty and should make an nppication for an order to withdraw' tho fuhids now deposited with tho Fidolity Company, an at presont advisod, hio ahiould docline to make auch an order, Of courso many ¥ AMUSING INOIDENTS happened during tho excitomont, Ono man waa vory enger {o socuro his monoy, and pushed and pulled 6o hord that s pollceron woa compolled to talk to him, Fiually ho Lad tho greenbacks in his Lands, Ho Jooknd nt thom, counted thom, and thon stood for & fow minutea irrosolute, Tho noxt move was to go to tho rocelving tollor and doposit his monoy sgaln, Tho Tuin, and the rumors started out somo pooplo who hinvo moouritios doposited in tho insittution, Ono elderlylady called for hor Northorn Pacifio Rallroaty bonda, Tho packago was given to hor, Then shoro, marked, * Now I'vo got thom, I don't kuow what to do with thom,” Tho clark who walted upon her then oxplainod that the bonds wero hor proparty, and ovon if thero was genoral bankruptoy, thoy could mot bo macd, “Woll, I guoss this fa tha snfost Place, Horo, tako thom back agsin,” and sho handed ‘Lack hor package, Other aconcs of ® almilar character wero naoted during tho day, but theso spooimens will rorve fo show whot troublo ' unguardod romarks ond wild rumors will causo to pooplo who Lave no oxporionce in bustnoss matters, The Fidelity Laying stood tlo tost so nobly yoatorday, tho officrs dotorminad that thero should bo no causo for suy disappointmont, Thoroforo, tho doors opoued at § o'clock, At that timo thor woro a fow persons about, and {hoss who presentod chocks wore promptly pald. ‘Thore hnd boen A LITTLE ROW during the morning, but the pressure s not s great 841t waa yostorday, Prosidont Brown looked unus. uslly bappy this morning, and atated to our reportar that tho fnstitution fa_amply propsred to do evenn Inrger busincsa than that of yoatonday, although such a domond in not expoctod, At noon thelino to tho CQusbfor's dosk was not much longer than i usnal undor ordinary circumstances, Tho excitsment about tho solvency of tho Fidellty Trust Gompany has ENTIMELY SUBSIDED, At 2:30 o'clock {his aftornoon, tho Cashier waa et ting bohind his desk with no customors to wait upon, Thosmount of cash to-day up to that hour was about $450,000, Tho Company etill has fn hand suficiont funds fo moot any moro dewands which moy be mado Thera {8 nothing now to-day {n thosituation at the Dbanking-houso of JAY 000K & 00, In consoquence of the illnss of one of tho Now York partners, thero will bo no meeting of tho firm beforo noxt woek, when tho futuro polioy of the houso will be determined. Considarablo timo will nacessarily be roquired in arranging tho dotsila of whataver plan of adjustment s dotermined on, but wherovor tho sentimonta of tho ereditors havo boon exprassed, thoy indicato unbroken confidenco in tho integrity of tho houro, and willingness patfontly to awalt the progress of ovents, Mr, Cooko reccives his many friends with unususl bravo spirit, and it 18 casy t6 soo that ho ap- prociates very keonly tho universal sympathy ot the misfortunc of hig houso has olicited Bomo days must olapaa bofora sny statement of (lo affaire can bo mado, ABSURANCE OF GOVERNMENT AID, In many places of resort lnst night our fnanclap men met, and the goneral opinfon wns tlat tho worat was over, Prosldent Gront was in tho city last ovoulng, snd hold consultations with s number of prominent gentlomon, at which the situstion was discussed, aud tho sssuranco given {hat tho Government would come to tho rescuo if noadod, No doubt thia had somothing to do with tho orders of Becrotary Richardson to buy $10,000,000 of bonds to- day, and thus, by throwing that smount of eurrency on tho market, to greatly rellovo it. No fears are folt 84 to any Stato or city funds, o8 not a cent s in any of the tlreatened institutions, LITTLE DNEAD OF DANGEM, Interviows with leading ropresontatives of the dif- feront branclies of commerco sliowa that littlo droad is apprebiendod of any dangor rosulting to business, as it 18 in o very healthful and satfsfactory siate, n tight monoy mnrket havi>g been oxpected for elx months pest, and tho morcantilo commumty taking the nec- casary procautions, so that now thoy can weathor al- most any storm, THLE UNION PANEING GOMPANY RUSPENDED, Tho heavy run upon the Union Bauking Company yesterdny oxclted apprehensions that thoy could not stand tho pressure, and this rumor collected largo crowds around ft, By 9:30 &, m, moveral policomen wero stationed to presorvo ordor, but tho- crowd pushed up into tho doors, As 10 o'dock struck tho oxcllement reached fovor hoat, and this was redoublod na it was found that tho doors wero closed, In o minute afferwards a notico was posted on tho insldo of tho glaws of tho door ng follows " Owiug to thio heavy pressure of demands upon us yostardsy wo aro compelled to suspend pay- ments for n fow dnys," The excitoment at this wos tremendour, Many olmost cried, whilo othar curacd thetr fato in not drawing yeaterday. Tho socret of the failuro iy sald to Lo for ono thing,—tho unpopu~ larity of tho President, which rendered othor hank ofiicials undesiroua of nesisting him, and also the fact that tho bank has Leen dolng AN ILLEGITIMATE DUSINEAS by paying but 4 por cent intorest to thotr customors, ‘while churging them 8, 10, aud 12 por cent for accom, modation, For thia reason tho other banks refuse to holp them, sud so thoy went under. Tho falluro will bo badly folt to-dsy, a8 mony omployora doposit bere, snd on Baturdsys draw o pay their hands, Today they will b obliged to linve other resources, and Romo may bo badly crippled, For tho past two doys reports wora curront that the Pennsylvanta Rallrosd Company Lad beromo indorsara on papor to the amount of about $2,000,000 o rulso momoy for {he construction of tho Texas Iacifie Rallway, ono of which notes for a Isrgo amount matured yesterday. Tho fear wan entortatued thattho oxeitoment of Thura, doy might fuduco the parties to let this note go to protest, to bo followed by default of payment of oll ita fellows us thoy succcasively matured, The note duo yeaterduy wos pald, howover, and it is underatood that soveral indorsers have agreod to divido the responsibility, snd take up sl the notes in order, This thoy are able o do, all being men of wealth, Had it been onnounced that any promiuent parly connected with the Ponusyle vauls Roflway Lad gono to protest, it would Lave been imposaible to soparato tho Company from tlo diucrodit of tho individusl, snd much injury might have resultod, and yot thoro i3 no financial connection whatover Lotwoon tho Ponnsylvania Kaile way aud the Toxas Pacilic Rallway, TR NONTHERN PACIFIO BATLROAD, Gen, Nettloton, agont of tho Northern Pacifio Rafl~ woy, Was ot hua ofllco, in tho sacond story of Juy Cooke's building, Iast night, and made the following stotoment; Tho Rallwey Company loses nething by tho eusponsion of tho banking-house, ns it 18 largely indebted to ftlo lattor, The Kail~ rosd Company Les no floatinglobt of any conseqenco naldo from what it owes Jay Oooko & Co,, and hos fow Uabilities falling duo beforo January nost, when half a year's {ntorcat s to bo met. As this is {hroo months off, it is to b oxpected that tho stocke holders of tho Company will by that tino havo comploted other finsucial arrango- ments which will prevent forfolturs, Tho Pacific Diviston of 100 mlles, conmeoting tho Columbia Rivor with Puget Sound at Tacoma,ia nearly flufshed, and this, with tho Eastorn Division, uniting the Jakes and Upper Missourd, forms a comploted sys- tem of rafl and wator transportation which will soon bo profitable indopendont of thu furthor construction of tho road through tho interior of the Continent, Tho Company hne earnad sbout 10,000,000 acres of its land-grant already, sud tho title to this {9 mot dependent on the complotion of tho lwo. 'ho fnished portion of tho road aud tho land-graut elveady carnod being both niortgaged to seeuro tho outstanding bonds, The ule timato security of the road ought to bo boyond doubt, but of courss theso . mortgaged s sofs could mot Lo turned into cash at onco, aud It would b very uuwliso for lolders of the bonds to throw thom on tho market during the present excitement, Thoy aro worth far more to Lol thun thoy ure to kell undor prosont clcumstancos, Btata ‘Creasurer Robert Willinm Mackoy arrlved in tho efty yesterday to caro for tho Btato Intercats, sud wilt remain to-tay, 1fo will doubtless carefully guurd ono of our Stato banks in whioh ho s nu Interest, J Au intorviow with an oMefal to-day dovoloped the faot that THE UNION DANK COMPANY o allegod by a prominent bauk President to he thoroughly gono, aud it fa eaid will scarcoly pay 60 conta on the dollar, They wera bucked up yesterdsy by omo bank on double collatorals, but to-dsy could got mo saistanco, Thoir doors aro surroundod by au anslous crowd, but the ofiiclals of tho Sustitution havo nothing to esy, It waa reportod that Btato Troasurer Mackoy was & hoavy dopoaifor, but Mr Mackey poreons SU7 dostron vs H> my b 1o lne not = .cent thoro, publicly or privately, nor Lins he any monoy anywhera that dnin dangor, . Gov, Hartranftarrivad to-day, but hasno speoin misslon, Thoscono I TIE ATOUR TOARD tolay Wi very oxclting, Mhers botng mony brokers grement, nud ol wer groatly oxelled. Tho | wceno wan almens Indescribablo, Mon wero fiying arount tho zonm ' shouting themactvos hoatao, throwlug thele batn wp, gelling, thrusting up tholr lands, bidding, sclling, ote,, requiring n constant e of tho gavel hy tho Presldent to mointain what aid nol evon approach ordor. Tho TFirat Doard oponed with s vory buoysut feollug, wilh largo gales of Roading and Ponnaglvani, tho Iattor bo ing fn groat demond, Presoutly tho beara got control snd begau a hoavy movemont, which tho bulls restated tanaclously, Thon, however, disastrous mowa cama from Now York of hoavy falla in_stocks, and tho bulls €70 Way {o bo boars, ollowing tho Iattor full control forn while, Whon tho prossuro coasod tho bulls went in agaln and Lold the market steadlly, Tho firm of Oarlyle, on Third strect, amall oper-. atars, fatlod oarly in tho day, Tho Blook Excliango hnanot closod. Until furthor arders from tho Preaidont, all oporations in tho strect Aro prohibitod on & penalty of oxpulslon, INGIDENTALH OF THE DAY, Yostordsy aftornoon a rumor obtained curronoy that the night broker of No. 136 Bouth Tuird streot, anda membor of tho Board, had beon obliged to mupond, and in tho hurry and oxcllo- mont it obtsinel & placo in somo of tho ovoning papors, Wo aro happy to Atato that thoro was no foundation whatever for tho report, Mr. Kaoight wosthored tho storm of yesterday succonne fully, and was thon, 18 ho {4 now, as sound nn a weok 8go. Tho groat houso of Drexel & Co,, No 38 Bouth Third stroot, remalun ns stablo a3 rock, All tho morning their offico hns boen crowded, but the run hos been for tho purposo of gotting rid of monoy, and not to elamor for i, Peraons wishing to makoan fnvost- ment of fholr curroncy havo beon obliged to tako tholr places in & long Unonnd seat thoir turn for a chanco to pasu tholr monoy over tho counter, Ponnsylvania appears to havo beon tlio favorito stock: sought, and tho oporations of tho Drexels in it havo been vory largo, o Canblor of the Unlon fn Now York gava tho fol lowing stalemonts “Wo Lave o lorgs numbor of doposltors to whom wo sllow 4 por cent, and, in addition, wo havon very largo country correspond- enco, Universal distrust, which tho ovents of o pisk fow doys hes cnused, solzed fho hollers of our papor I ho intorfor and brought thom down upon ua, Tho result was that wa woro drainod, - We cxpoctod this, but not to the degroo that was realized, Wo havo n long lino of call losns, and from this wo hoped fo realize onough to carry ua through, Wa aro mnow engoged upon a formal statoment, but probably will not have it fnlslied beforo Mondny about noon.” This statement 18 oll very good, but it 1s my doclded opinton, formod from conversation with soma of {ho most cuuinent nanciors i thia city, thot tho frin NEVER REOOVER, At present, T can stato on good substantial authority- that they canuot pay 40 por cont. AN INTERVIEW WITII A BANK PRESIDENT, Immedistely upon the rocoption of the news of tha promised actlon of the Secrotary of the Treasury, o Teliablo friend of mino callad on the Presilont of ibe Bank of Nortli America, and gleaned tho following : Mr. F.—Tho Beorotary of tho Treasury has announc-. ed that If tho $10,000,000 which hio lins sot aflodt will not rollevo the community ho will fasto $40,000,000 of groonbacks, which will bo tho ond of that procaduro, BIr, Bmith—That fa 28 you look at It If tho Seoe Totary of tho Treasury Intenda to placo tho $10,000,000 in our depositorioa for tho usoof tho Lanks the ree Mof will undoubtedly bo foll, and with the ontie pated result, but if ho morely intends to buy up that amonnt of five-twonty bonds, it 18 doubtfu} ‘whiethor tht result will bo achloved, Mr, F.—Why 7 Mr, Sinith—Because, in tho presont dietrossed con~ dition of tho community the peoplo loze con- Odenco in corporations and accurities, and bold on fo thoir bomds ne he surcet investment thoy bavo, Thoso it 13 doublful thoy will part with to an amount enfilclent to have the ef~ fect that {s desired, as tho Government will only buy theso bomds, It will bo scon it the Secrotary cipnot get & largo quantity of thom. A large omount of greembacks cammot in this way bo rolessed, Ifho fntends to placo the money 50 that tho banks can havo the ueo of it, then tho rellef will cortainly come, FEATS, Tt 1 feared that tho excitement will heagatn renowed on Mondsy, Many of my commorchl fricuds in Wilmington and olsewhera havo been in town to- day. Bome drew thoir funds, and others coucluded to wait. I bear that o number aro ccmivg hore on Nonday from Reading, Pottsville, Olioater, otc. Resi— donta of Camden, N, J., aro foarfully cxclted, and T firmly bellevo that not twenty of its reatdents have: failed to draw thelr acconnts, [0 the Assnciated Press.] ratLuse, PrILADELENIA, Sopt, 20.—Tho Unlon Banking Cont. pouy s failed, ’ Thia Tiank s o State eharter, nd oo a heavy run yestorday. At Jay Cooke's tho clerks aro_propnring a atatement to bo 1ald beforo tho members of tho firm on the nre rival of tho Prussia, on Loard of which are two of tha partnera, P = = WASHINGTON, Speetal Dispatch to Tha Chicago Trilune, WARIINGTON, Bopt, 20,—An usual with the cxcifo- ‘mont-surfeited peoplo of this District, the intenso in- toreat i tho progross and results of tho panto ozensfon= ©d by the suspension of Cooke & Co,, and the immense other concerns who, through sympathy, followed tho Hlustrious oxample of their superiors, haa already sub= #lded, and almost disappeated from nearly everybody asido froma fow Tronsury ofilofals, ond the com- paratively small number of intorested partice. Tho lstter watch protty closely tho reports from Now York and clsewhere, boeause they aro bo bolloved to bo indications of what may bo cx- pacted in ono or two instances hiero in caso of & contine unneo of tho panicand cousequent run by depositors upon the banka with which thoy do busines, Positiva asaurancees aro g1von by tho clty pross that there fa no Likelihiood of tho failurs of any of the banks hero, tha evening papers statlng with satisfaction thut whils ihe financial skies in Nuw York are black and stormy our own are clearing up, and the assurance s folt on all afdes that THE WOST 15 OVaR, 80 far as thia city {s concerned, Groat oxpectations wora Lused upon tho dircction given to tho Sab- Trepaurer at Now York to buy $10,000,000 worth of bonds, and & good deal of surprisa s cxpscssed by somo persons bocause tho entlro amount was not promptly offarad for sale and bought, and that there should Lave boon auy furthor troublo fn the monoy market, Iu oflier words, it as oxpected thnt tho mnterial, togothor with tho moral effuct upon thie Wall street gamblers of tho interferenca or PROFEENED BELIEF DY TIE GOYED T, would immediately allay sll oxeltemont and bring about an carly resumption of legitimato bustncss on o Dettor sud moro mecuro foundation than it 6lood bo~ foro tho oxciling panio begun, 'ho fact appoars to be quito evident to ull that (ke proposod purchuso of bonds {s not only HOT OF MUOH ASSIRTANCE to tho market, but that tho offors of bonds for sale- were vory meagro, and {ho muarkot has beon quite ns: if not moro feverish sinca tho purpose of tho Treasurs: was mado kuown, than on thoday provious, - It in well known thut the Seeretary of tho Treasury hnd no intention to tako nuy notico of the condition of dffaire 50 long a8 it scemod reasoushly cortnin that the Gov~ ervmont was not likely to bo serlowsly Injured,, or that at loast it would not go {0 tho rercuc wutil as | sistanco was absolutely uccessary, Iis action * therefore, construied to miean fhat ho deened w o or tho othicr of the above contingencies lud urle ° 0F that ho lind rocefyed a, TOSITIVE DINEGTIONS FRON TR BUELD! t0 0 us ho hns duno, 1n viow of ull tho cirear tho Intter fs decidedly tho 1moAt probu’ sufo to may thal no draft Wil upon thio legul-tender resorves wulvin i {llo purchaso of bonds fo tho full arue bo purchased, or to the full amounys Datince dn tho Tronsiury,—neatly $a¢ toa slow or fnndenuato” fo. rondsr: ¥ e given by tho Government, \ tary Richardson wis 1aucly, Mo cutly emer (n histnnd tovday § the presont oxcltement began, TIHE FIRAT NAVY of (hia city, hegan his_invy aitances, o It bo made appoars that it ordored to Jf {ho curroncy 440,000, —1s eithor a0 ald futendad Lo 1, however, sce choorful and appn san Lo s beon elnco “Cho Teeetver for INAL DANK, stigation to-day, but win not Hkely o able to mnke an Intelligent ro; port to tho T a0 QUK oy qurlier than Tucaduy of i SAN ' FRANCISCO, & "‘l‘fi“l}‘.’ur . MAWKLT NOT AVFEOTED, i 1}“1“';“(0““‘;',1' st m? D'I'Iw_r fihfi;{'”" 1 Irx‘lnmr. i X ept, 20,—~Tho financial condition of the country ls” g lbfiorl:ln‘;i topic of conversation circlos and on 'Ohange fos in mareantite {laye Bo o, pacitic cosst tnterests lave ot ‘1;:;:!: WM comiwnd by tho ombarruesmoutn bantncsn og troublo s apprehend fto gonera ;“ """‘h ¥ copt tho Increased degreo of caution iy tous 0““,’ a0 state of things, Thero la 0 moderate ‘" ‘“m -4 mining atocks, bt prices avolowor, Legale e;ll‘"""_,' co uusttled, brokers buying at 88k and olng ¥ ¢ B0y, Tho export, trudo ' lias beon Gxeced ety o stivo tho past weels, o Pannma stosmer satled Iy fuy with werchandivo sud produce to the valuo Of ¥ 47,700, and $800,000 in trsasure, The Obins