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VOL. X. NO. 74.
PHILADELPHIA, FRIDAY, SEPTEMBER 24, 1869.
DOUBLE SHEETTHREE CENTS.
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FIRST EDITION
o o
The Bulls and Bears of New York
Struggle to Push Up the Pre-,
miura Wall Street in a
Fever An Opportu
nity for Bout
well. As will bo Been by the following reports from
this morning's New York papers, yesterday was
a field day for the brokers of Wall street.
The Gold Koom.
This is what the Jlcrald's financial editor
says:
The exciting drama which Is undergoing cn
nctment in Wall street docs not flag In Interest.
The scene to-day was more particularly confined
to the Gold Room, where a shouting mass of
brokers were wedged the whole day long. The
excitement at the -different olllccs was hardly
less intense. The gold dials were anxiously con
sulted as the fluctuations were consecutively an
nounced by the bell.
The earliest operations comprised a renewal
of the bear sales, which were mado on the
strength of the announcement that the Govern
ment would anticipate the payment of the No
vembergold interest at the rebate of six per
cent. The oflicial announcement was posted at
the Sub-Treasury by General Buttorfield as soon
as received from Washington. Under these
sales the price, went off to I4l, but here the
'bulls" came in and bought all that was olTored,
until they put the price eventually to
The reactions to-day were more frequent and
wide, and at times amounted to two per cent.
The price surged up and down in this manner
until It finally closed at 143 . The effect of
these changes may be easily fancied.
When it Is remembered that it has been the
habit of brokers to spsculato in gold for their
customers at a margin of oftentimes only a few
per cent., the hurrying to and fro as margins
were obliterated and required renewal, the
scramble to catch the rising metal and the
frantic bidding may be conjectured. The gross
clearances at the Gold Bank to-day were of so
large an amount that they had not been made up
at the adjournment of the board. The transac
tions to-day were on a still larger scale than
yesterday, and so frequent that Register Merse
rcau, of the Gold Room. was compelled to call In
an assistant, and their joint labors In recording
the fluctuations occupied twelve columns of the
index.
The still singular feature of the speculation Is
the willingness of the clique to pay carrying
rates Instead of exacting borrowing rates for
their gold. They thus continue to sugarcoat the
pill which the bears have been swallowing ever
since the present movement. The more conser
vative spectators of the field prophesy the cul
mination of the market at no distant day. As
gold rises It brings out a larger and larger line
of sellers, and the clique are so piling above
them a mass of gold, which, like a reversed
pyramid, widens as it goes np. To keep the
market np they have to keep buying. The gold
which they are said to have bought is variously
estimated at from twenty to thirty millions.
They are paying the most extravagant rates of
interest on the currency equivalent of this
amount.
Those Terrible 'Bnlls" and -"Bears."
To-day the rate changed from "flat" (or no
interest) in exceptional instances to one-quarter
per cent, per day, or at the rate of ninety per
cent per annum. While the "bears are
tempted to sell in order to earn this interest, the
"bulls" respond by advancing the market as
they did to-day. Where the deadlock will end
is a matter of pure vaticination. The "bulls"
defiantly announce that they will carry out their
Srogramme of putting up the market day by
ay, sending round each twenty-four hours for
the difference In the margin, by which gradual
process they hope to obliberate the shorts
one by one, and yet without producing a
panic or bankruptcies that would endanger their
own plans. The exporting merchants, who at
first thought an advance would be so beneficial
to their Interests, are now beginning to com
plain that the scheme of high gold does not
work so successfully. Could they borrow the
gold for future delivery at any reasonable rate
they would be jubilant. But the "bull" cliques
are unwilling to undermiuo their own position,
and hence refuse to lend except at rates which
put an end to further negotiation. Where
the articles to bo exported are such
, as to be immediately shipped, aud the
cash gold sold against their consignment, there
is less complaint, and then only on the score of
the low rates for exchange, the fall in which
almost neutralizes the profit arising from the
advance in gold. In fact, the present combina
tion must eventually defeat themselves, and
bring gold in shiploads from Europe as the only
equivalent for our exports. Noue know this
better than the clique, and hence the general
fear that In raising the siege they will play some
desperate game, such as that of advanclug the
borrowing rate to figures which will compel
their opponents to settle by purchasing the gold
of them.
Irrepressible Flak, Jr.
After speaking of the sensation in stocks on
Monday, the Time remarks editorially:
The second sensation related to the specula
tion and practical corner In gold. And here,
about 8 o'clock on Wednesday afternoon, ap
peared on the scene the inevitable and Irre
pressible Flsk, Jr. ills presence in the Gold
Room was signalized by the rapid rise In gold
froml37tf to 141 per cent., and by the oiler
of wagers for any part of $50,000 that the price
wonli reach 143 per cent. The other
engineers of the movement were not Idle,
nor had they been through the earlier
nart of the dav. They not only bulled gold
with a will, but talked freely of the warrant
which they had from Washington that the Gov
ernment would not interfere with them. The
highest official la the land was quoted as being
with them, and ho, of course, controls the
action of the Secretary of the Treasury and
the New York Assistant Treasurer. Although
this must have been known to bo false, there
were abundant rumors and suspicions In-
rBldiously spread around the street to create
the belle! or fear with good men that tue
administration would not Interpose by fur
ther sales of gold from the Treasury, or
extra purchases of United States 5-U0s la ex
change for gold. Among these rumors was one
that the Gould-Fisk party were about to secure
mo services ana luuuence or Mr. uoroin tine
brother-in-law of the President), as President of
the Tenth National Bank, which thev have re
cently purchased, in connection with Messrs.
i weca ana Bweeuey. The consideration was to
be 25,0iX) per annum eoual to President
Grant's own salary ! This was too monstrous
for serious belief. We have reason to know it is
wholly out of the chapter of probabilities with
Mr. Corbln himself.
Let Boatwell Slrpln.
The Tribune concludes an editorial, which
recites in brief th Mvimn.. ,.t ..,.m
cliques, by saying:
jnow, unaer these circumstances, what
should a eaguclous Eecretury of the Treasury do?
Is It possible that we have one who Is capable of
missing his opportunity? lie has an enormous
over-supply of a particular commodity to soil,
and the price of that commodity is now unusu
ally and unreasonably high, lie has notes out-
flhinliniv fn Vflll'h HA 1A nnvlm .. .
- i cuuiuiuus in
terest, and he can to-day buy them up at lower
ruin. li.t ci tnulfl lmVA blmmtif .1 .
!.w.o wiiu "y nine ior
months pust. Can it be possible that any reason
could prevail upon a business man to neglect
such an opportunity? And why should not pub
lic business be managed on business principles?"
We beg Secretary Boutwcll to pcrcolvo that
the Interests of the business community and the
interests of the Treasury Department are here
Identical. The opportunity to make a great
saving for the Government is likewise tho op-
fortunlty to do a great servico to the suffering
nterests which the gold gamblers have para
lyzed. Let us have the premium on gold, now
higher than it has been for many months past,
and higher than it is likely to be again for months
to come, realized for tho benefit of the Trea
sury. Let us have tho money thus realized in
vested in Government bonds, that there may
be no suffering from any artificial scarcity of
currency, and that tho money of the Govern
ment may bo made effective in paying debt and
stopping interest. Such an opportunity may
not occur again in years. Realize tho premium
of your gold; tako advantage of the market for
Government bonds. Sell your gold while it is
high, buy your bonds while they "ure low, and
thus make a double profit to tho Government
and relievo the business community. Can there
be a question as to tho business policy of such a
measure? can there' bo a question as to the
duty of the Secretary to adopt It, and adopt It
at once ?
The Quotation.
The Gold Room was tho sccno of intense ex
citement throughout the day, the clique having
mado another advance of 3 per cent, in the
premium, and held tho market with great firm
ness throughout the day. Gold opened at 141,
sold nt 141, 144, 143. 1415, 143,V, 143r',
141, 142JC, 14, 144,', and closed at UV.Cu)
143. Cash gold has been in good supply at
from i(a per cent, for carrying until tor
morrow.
EUROPE.
CJENEKAI, NEWS KRO.H fJIlEAT Bit IT A IN
AND THE CONTINENT.
We make tho following clippings from our
European files of latest dates:
An Exploded Insurance Company.
A large and excited meeting of policy-holders
in the Albert Assurance Ofllce was held at tho
London Tavern, Lord W. Hay In tho chair. At
one time the scene of confusion was of such a
character that neither Mr. Price, Mr. Lewis, nor
Mr. Morris could bo heard. Amid a host of mo
tions submitted to tho meeting three were car
ried. The first rejected tho schema of the
liquidators, and appointed a committee of
policy-holders, who, In concert with other simi
lar bodies, should consider tho state of the
company and report upon it: tho second em
powered the committee to test the liability of
the shareholders in all tho amalgamated com
panies; and the third declared in favor of tho
policy-holders having the control of the pro
ceedings consequent upon the company's in
solvency, the directors having forfeited the con
fidence of the meeting.
Pcre Hyaclnthe.
Father Hyaclnthe, of Paris (whose apostacy
from the Catholic Church was announced by
ocean telegraph), was born at Orleans In 1827,
was ordained a priest in 1839, and became Pro
fessor of Theology at tho Seminary of Nantes.
Afterwards he entered the order of Carmelites, and
preached at Lyons, Bordeaux, and Perigueux, In
the South of France, finally going in 1804 to
Paris, where he has ever since been famous for
bis eloquence. His repudiation of the suprem
acy of the Holy See, and of the doctrines and
practices of the Church of Rome, has no im
portant significance in itself; but if ho should
employ his talents to induce others to take the
same step, he may become a greater power in the
religious world Than he was before.
A Congress of Lawyers.
A "Lawyers' Congress," attended by some of
the most eminent jurists of Germany, had just
been held at Heidelberg, and had passed several
resolutions on important social and judicial
questions. Among these were the following:
1. Civil marriages Bhould be recognized as a
necessary principle of the relations between
Church and State in the whole of Germany; and
the State should make no objection to the mar
riage of persons of different religions. This
was proposed by Dr. Gnelst, aud passed against
a minority of one only. 2. That Government
sanction should not bo required for the forma
tion of joint-stock compauies or other associa
tions, but that tho liability of each member of
such a company should be unlimited. 3. A
written document acknowledging a debt should
be taken as sufficient proof of such debt, inde
pendently of the circumstances under which the
debt, was Incurred. 4. As nearly all tho objects
of punishment arc more effectually obtained by
solitary confinement than by any other system
of imprisonment, such confinement should be
recognized by law as the regulated mode of exe
cuting sentences wiiicu involve tne loss of
liberty; exceptions to this rule might be made
wncn necessary, eitncr by tne Judge or tue
Governor of the prison. This resolution was
passed almost unanimously.
A Bankrupt Countess.
The cose of the Countess d'Alteyrac was again
brought before the Court of Bankruptcy, Lon
don, in the form of an application to take the
matter out of court The lady, who is described
as Junta Maria d'Alteyrac, commonly known as
the Countess d'Alteyrac, otherwise Willoughby,
of no occupation, was made bankrupt on her
petition alxjut five months ago, ana being in
custody at the time, her release was granted
chiefly on the ground of illness. Assignees
have since been chosen and accounts filed
shewing debts of 5973, against which
she estimates the present value of her annuity
at X'30,000. Tho principal creditor in amount
is stated to be M. Longchamps, a son-in-law
of the bankrupt, who makes a claim on her of
upwards of nabob. A resolution was submitted
to tho creditors to the effect that the assignees
should receive the annuity of XVMO a year, tho
lady to continue in the receipt of i'100 a month
so long as It atiould be payable; and on
its ceasing to be so tho annuity to be equally
divided between her and the assignees; this ar
rangement to continue until tho debts are paid
in full; and the bankruptcy to be annulled on
the execution of tho usual deed. After debate
the resolution was withdrawn until the next
sitting; and It was ordered that the Countess
should receive an allowance of 30 a mouth.
The Countess was present during tho proceed
ings, and was brielly examined respecting one
or two disputed proofs; but the details were un
interesting. Am International Itlfle Match.
The following Is Lord Elcho's letter to tho
London Times, proposing an International rillo
match:
Sir: Looking at the great Interest excited on
botn slues oi llie Atlantic uy mo recent uituruuuouai
rowing contest, and to the friendly footings of hon
nrohiH rivalry in manlr snorts that have thus been.
wn ninv hoDe. lastinirlv established between the
two great representative nattons of the Anglo-Saxon
race, I am tempted to ask whether t!ie riile might
not be made auxiliary to the oar in strengthening
these feelings and drawuig closer our political rela
tions. ......
Tti rifle tised to be the far-famed weapon of the
American : by Its help the New W orld has been sub
dued aud civilized ; by its help America became a
free State and our colony a great nation. In the
mother itountry, a few years ago, rifle shooting was
practised only by the deerstalker: It Is now a
national pastime, and we natter ourselves we have
not only the best rifles, but the best rifle-shots
in the worl'U To what extent rirle-sliootlug Is
now ira ilMiMl In AniBrlca we know not. We
have seen excellent American military breech
loaders and reneaters. but we hear of no
niKth rifles or American Wimbledon. It Cannot,
however, be that In these days of long range the
skill of American riflemen Is still only shown In
hHrklnn- anuli-rals at slxtv Yards, as described In
Cooper's novels. The race of old 'Leather-stocking''
and "llawkeye" doubtless survives, and It 18
perhaps not too much to hope that a team of Ameri
can marksmen, following the example of the Har
vard crew, mav be tempted to coss the Atlantic aud
try the melUe of our crack shots, Should tuey honor
ns by so doing, I may venture to say that nowhere
would our cousins be more heartily welcomed than
before the butts at Wimbledon.
I remain, sir, yonr obedient servant,
Stanway, September 4. Ei.cuo.
EXPLOSION.
Blowing I'p of the Htandnrd Oil Works In
Pittsburg Meren Persona Injured.
From theFitlHburg Commercial of yesterday morning.
Yesterday morning, shortly after 8 o'clock, an
explosion occurred in an old still in the Standard
Oil Works, situated on the Allegheny Valley
Railroad, half a mile below the Sharpsburg
Bridge, which resulted In the serious injury of
several persons, the destruction of one still con
taining nine hundred barrels of oil, and the
damage of two other stills. An alarm was
sounded from Box 83, corner of Butler and
Thirty-eighth streets, and the engines from that
district were soon on the ground. 8oine time
afterwards the alarm was repeated, and the
entire Fire Department was called Into service.
A report was freely circulated that several
persons had been killed, and others badly In
jured, which greatly increased the excitement,
and hundreds flocked to the scene of disaster.
A telegraphic despatch was sent down town, to
the effect that the entire works would probably
be destroyed, and a large number of oil mer
chants repaired to the scene in carriages, and by
the street railway. Our reporter, on visitlugthe
works, ascertained the following facts.
Shortly after eight o'clock a large still, which
had recently been repaired, and into which
about nine hundred barrels of crudo oil had
been placed, exploded on tho top, scattering the
burning oil about the adjoining stills. Next to
the exploded still was a new one, about being
completed, and upon which several men and
boys were employed. They were from the boiler
works of Messrs. Sutler fc Son, Nineteenth
street, and were moro or less injured from the
burning oil. It was impossible to check tho
flames of the exploded still, and no effort was
made to save it. The injured men were con
ducted as soon as 'possible to the office of Dr.
llanna In Lawrcnceville.
Adjoining the new still are four smaller ones,
all in operation, and efforts were directed
towards saving them, and preventing any fur
ther explosions. The first of these four soon
took fire at the "manhead," which seemed to
be leaking, and for two or three hours burned
with great fury. It was supposed to contain
about two hundred barrels of oil, aud for an
hour or more an explosion was momentarily
expected. Streams of water were kept con
stantly playing upon it, but with no percepti
ble effect, except perhaps to keep the "man
head" cool. After the entire department had
been summoned, by the second alarm, a greater
volume of water was thrown upon it, and the
flames were finaLy subdued about two o'clock
in the afternoon. No further damage was ap
prehended to tho works, and soon after the en
gines began to leave the ground. The oil in
the exploded still was still burning, but it was
so remote as not to endanger any other part of
the works.
The Standard Works are owned by a company
composed of Messrs. James A. Hutchinson,
Lockhart & Frew, R. Robinson & Co., N.
Holmes & Sons, John Harper, and Michael
Graver. The works are among tho largest in the
country, and carry a very heavy capital. There
was no insurance upon the stills, as no risks are
taken upon them by the insurance companies.
The loss will not exceed $15,000, while it may
fall below that figure.
Two large crude oil tanks, of about eighteen
thousand barrels capacity each, and both nearly
full, stand within the inclosure, but these
remained intact, as did also an underground tank
into which oil was being drawn off, by means of
pipes, from the stills where the fire was burning.
The agitating house was also uninjured. When
tho extent of the works, the large quantity of
oil In the tanks, and the nature of the fire are
considered, it is surprising that so little damage
was done.
The exploded still had been repaired about
two weeks ago, and it is supposed that some ex
isting defect had then been overlooked. Others
are of the opinion that there must have been
considerable water in the crude oil which had
recently been put into the still, and that the ex
plosion was caused by the generation of steam.
The exact cause of the explosion, however, will
probably never be ascertained.
The fire will not interfere materially with tho
operation of the works, as the 6tills not injured
will be worked until the others are repaired.
The exploded still will be abandoned altogther.
THE REAL ISSUE.
What the Democracy In Pennsylvania are
Kiti h tins" For.
The Washington (Pa.) Jieporter, a Republican
journal of much influence in the western part of
the State, in its issue of the 8th instant, thus
defines the issues in the present contest in this
State:
"The issue of repeal of that amendment la her
directly made, and Its friends must meet it squarely,
and without equivocation or faltering. This is really
one of the main Issues of the coming campaign, and
it would be wise for us to fully comprehend the
fact Let it be distinctly understood that the repeal
of the resolution ratifying the fifteenth amendment
is one of the principal objects for which the Demo
cracy are lighting in Pennsylvania. The election
of their Gubernatorial candidate is really
secondary In Importance to the accomplish
ment of this end, the great struggle Is made
for the control of the Legislature, and we would have
Republicans there and elsewhere to understand that
such Is the fact and to become fully alive to its Im
portance. The gauntlet has been boldly thrown
down, and the Democracy of Pennsylvania now, as
heretofore, make the contest one of open and unre
lenting hostility to the negro. . .
If the consent of Pennsylvania to tho fifteenth
amendment is abrogated ; if in fact all the results of
the war so far as this (State is concerned are plucked
from our grasp, themselves alone must bear the
blame. 'Ye knew your duty aud ye did It not.' "
LEAL IHTHLLIOEQE.
Court of Quarter Reunions- Allison, P. J.
Prison cases were before the Court to-day.
John Leary, a pigmy, wa connoted of the laronnyof
threo suirU. Like a little bird of prey hovering over its
intended victim, he watvhed a woman at her waeuiuK, and
when she went into the yard to banc up eome clothing he
slipped into the room, and quickly slipped out again with
three Blurts under his arm. The lady, however, showed
he was not to be trilled with by at once chasing and eao
turing tins wee bit ol a tliief und Hiving him into lh hands
OI tllO IftW.
1 nomas Welsh was acquitted of a charge of assaulting
and buttering hu wife, i'he much abused spouse, having
elfeoted the imprironinent of her master for several week
nexleoted to make her appearunua before the jury The
indictment wus submitted without evidence.
Thomas Tut lie was triod upon the charge of assault and
buttery, with intent to kill police officer Albert Murphy
" w?? A""'! i?1 .lhat th naionr, standing at Kighteenth
and Oallowhill streets, heard theories of murder and fight
in a house ju.t above Nineteenth street, and went there
to quell the dmturbance. Upon entering the house he
knffe1' defendant cut his forehead with
The defense-denied that Tuttle tonk part in the attack
upon the oitioer, but act up that the latter bet him most
brually. On trial.
Court of Common PIcns-Judgea Pclrce and
firewater.
APPOINTMENTS BY THE 110AHD Or ALDERMEN.
This morning Kdwnrd Pnxson, Esq., presented a petition
for the removal of John It. LystBr, who wus appointed one
of the return inspectors by the Board ol Aldermoo for the
coming election, and the appointment of George W. Mo.
rau in his stead, stating as his reason that Lyster was dis
qualified bcue he had left the division in which he was
,2".tilne. ,n"rw continued until notice to Lyster
should be given.
In the same 'connection William L. Hirst, Esq., notified
the Court that he would soon tile a petition praying their
Honors to review the whole list of appointments, vacate
the positions, and themselves make nominations, on the
ground that the Aldermen acted in eaucus without con
sulting those whom tbey intended to appoint.
Marine Dlsanter.
Niw York, Sept. 24. The pilot boat Hope reports
speaking Bteamer Prince Albert on the iid instant
otr Fire Island. The steamer reported that she
broke part of her machinery, and was laying to to
repair. The same vessel was seen yesterday cruising
oir Fire Island, and as the steamer was very fast,
supposed her to be a privateer or something ef that
U1U
SECOND EDITION
LATEST BIT TELBQUArU.
Jail Delivery at Lancaster The Penn
sylvania State Fair Conspiracy
to Release Yerger from
Prison Indian Depre
dations in the
Northwest.
Financial and Commcrclul
FROM THE STATE.
Esenpe of Prlnoner From I,n.nrnnter Jail A Re
ward for Tbt-lr Capture.
Lancaster, 8ept. 24. 8amuel C. Hambrlght
and John Frankfort escaped from the prison in
this city last niht. llambright has fair com
plexion, grey eyes, brown hair, slim body, and
6mooth face; height, five feet four and a half
inches, and is aged eighteen years. Frankfort
has florid complexion, grey eyes, brown hair;
five feet six and three-quarter inches in height,
aged thirty years, weighs about one hundred
and thirty-five pounds; anchor marked on right
arm, and has sandy goatee. Twenty-five dollars
reward is offered for the arrest of Hambright,
and one hundred dollars for Frankfort.
Pennsylvania Htnte Fair.
Harris byhg, Sept. 24. The State Fair which
opens on Tuesday next, promises to eclipse any
similar exhibition of the kind ever held in the
State. The entries to this time are more numerous
and varied than ever before in the history of the
society. Several herds of the finest cattle in
America are already registered, and a number
more are expected. The fruit department will
be especially magnificent, And that of agricul
tural implements will be one of the greatest
features, as extensive arrangements have been
provided for their display. Entries close on the
Monday evening previous to the fair.
FROM TEE SO UTIL
Conspiracy to Release the Murderer Verier.
Despatch to The Eccnitig Telegraph,
Jackson, Miss., Sept. 24. Eight of the nine
soldiers who have been under arrest at camp
for conspiracy to assist ia the escape of Yergcr
were yesterday removed to the State Peniten
tiary under a strong guard. One of the pri
soners Is sick, and remains in confinement in
camp. No further arrests have been made.
There is good reason to believe that the at
tempted release of Yerger was being engineered
by parties from New York, their pay to depend
upon the success of the conspiracy.
FROM THE PACIFIC COAST.
The Grand Lodge I. o. O. F.
San Francisco, Sept. 23. The Grand Lodge
of Odd Fellows was not in session to-day, and
the members are enjoying an excursion around
the bay by railroad, by the way of Alameda and
San Jose.
The "Red Stockings,"
of Cincinnati, reached 8acramento to-day, and
will arrive in this city to-night. Thev will play
the first game of base ball with the Eagle nine
of San Francisco on Saturday.
Hanquet to Central P. R. R. Officer.
The citizens of Sacramento have tendered a
public banquet to the officers and directors of
the Central Pacific Kallroad, to take place on
the 28th of September.
Indian Depredations.
The Indians In Northern California are be
coming hostile. A party of savages have given
the commander of i ort Bid well ten days to re
lease several Indians held as prisoners in the
fort, otherwise they will be taken by force.
The settlers are anxious to exterminate the
whole band, but the military authorities refuse
their permission to so summary a proceeding,
The Indians of Arizona are still active through
out the Territory, and numerous depredations
are reported.
The San Francisco markets.
San Francisco, Sept. 23. Flour in fair de
mand and unchanged. Wheat dull at $155
l-57 fr choice shipping. Legal-tenders, 71 i.
FROM EUROPE.
Thla morning's Quotations.
By the Atiglo-American Cable.
London, Sept. 2411 A. M. Consols for money,
9'24' ; for account, American securities easier.
6-VUB Of 1S62, 62; Of 1885s, Old, 81 18678, 80 J4';
10-408, 74. Stocks dull. Illinois Central, 9 ; Erie,
24: Great Western, 87.
Liverpool, Sept. 84 11-15 A. M. Cotton mid
dling uplands, 12'd. ; middling Orleans, 2&
The sales to-day will probably reach 8000 bales.
The sales of the week were 66,000 bales, of which
17,oeo were for export and 11,000 for speculation.
Stock 442,000 bales, of which 69,000 are American.
California Wheat, 10s. 9d Flour, 24s.
J.ONDON, bept, 24 11-18 A. M. Turpentine, 289.
9d.27s.
New York Ntock market. "
New York, Sept. 24. Stocks very unsettled. Gold,
at 12-K0, 135 cash and 133 regular. c-2os, 1862, coupon
119; do. 1864, do., 119; do. 1865, do.,117!ii do. do.,
new, 117 : do. 1867, 117tf ; 10-408, 109; Canton Com
pany, 57; Cumberland preferred, 30 ; New York Cen
tral, 178V; Erie, 85M; Heading, 93; Hudson
Kiver, 160; Michigan Central, 124; Michigan South
ern, 80'.,'; Illinois Central, 134; Cleveland and
Pittsburg, 101 ,V; Chicago and Hock Island, 107.x;
Pittsburg and Fort Wayne. 188V j Western Union
Telegraph, 86.
Stock Quotations by Telearaph-1 P. m.
Glendlnnlng, Davis Co. report through their New
x orK nonse the louowing
N. Y. Central It. 1MX
N. Y. and Erie It.... sra
Ph. and Rea. R. 94 V
Mich. 8. and N.LK.. mi
Cle. and Pitt, R. 104
Chi. and N. W. com.. 7S,Y
Chl and N.W. pref.. 85
Chi. and R. I. It. 103
Pitt, Ft. Way. & Ch. 84
Pacific M. 8 74 V
Gold 135i
Market panicky.
finance: aki commerce.
OmCX 0 TDK EVE KINO TELaRAPH,l
U Friday. 8ept. 24. 1st.
Wednesday, Thursday, and Friday of the current
week will be memorable days in the annals of Wall
street, which have no counterpart since the close of
the Rebellion. On Tuesday evening we quoted
gold easy at 137,'; to-tlay we quote at 162
at 11-45 A. M. 1 Tho closing price yester
day was 143Xi anil the opening sales this
morning were made at 150, a difference of 18 per
cent. In X hours! It would be preposterous to
attempt to connect the present panic with any
events at home or abroad now passing, or with any
possible complications in our political relations with
Spain or any other European power. The real cause
is no other than the result of a vast combination
of the moneyed powers of this country, hav
ing their headquarters In Wall street, with
possible ramifications In the chief capitals of Europe,
with the design of "bearing" the stock market,
That they have been successful, even beyond their
most sanguine expectations, the result In the Gold
Room shows, bnt the consequences, in a commercial
point of view, cannot yet be arrived at.
As a matter of course, foreign exchange is utterly
demoralized, and notes cannot be quoted at present.
Importers whose orders have been already executed
and on the ocean will suffer fearfully If the advance
in gold should continue. But we think this highly
Improbable. Even whilst we write we learn that
within the last ten minutes the premium in New
York has dropped from 162 to 148. It Is Impossible
to quote the market; the excitement la so intense
that the manipulators of the movemcat have them
selves become Intoxicated with their own success.
. Railroad and other speculative shares are Indi
rectly aimed at tj this attack on gold, and the re
suit, though notqnlte up to the point anticipated, is
of sufficient Importance to bring ruin on hundreds
who In an unguarded moment allowed themselves
to be Inveigled by Interested parties to Invest for a
prospective rise. It Is greatly to be regretted
that these men must sutler the penalty of
their folly, whilst the really guilty ones line
their pocRcts with the fruits of It. But it must be
so, nor can the result be averted unttl men have
brains as well as money. If the millions which will
be lost in the present wild panic had been Invested
In business or commercial enterprises Instead of
being thrown away on wild and reckless specula
tion, the entire country would have been be nellted,
and many a ruin averted.
The quotation for gold at this writing, 12-30 P. M.,
is 135, and there is a probability that before the
market closes It may fall below the thirties. Under
these circumstances, it may be seriously doubted If
we have any money market for the nonce.
There was a fair degree of activity in the Stocky
market this morning, and prices generally were
steady, state loans were neglected. City e's, new,
sold at 101.
Reading Railroad sold at the opening as high as
47.. b. o., closing, however, at 47(47 1-16. Penn
sylvania HallroBd was dull at 56 hid. Camden and
Amboy Railroad was takun at 120. Philadelphia and
Erie Railroad at 2s;,,, and Lehigh Valley Railroad
at tov.
Canal shares were Inactive. 85V was offered for
Lehigh Navigation. New York and Middle Coal
sold at 4H.
Rank and Tassenger Railway stocks were ne
glected. PHILADELPHIA STOCK EXCHANGE SALES.
Reported by De Haven k Bra, No. 40 S. Third street.
FIRST BOARD,
ffiooo City 8s, N.I8.C 101 600 sh Read sOOwals 47
1400 dO....New.!01 100 do... 85.fcl.47M6
fTiOPaes, 8se..c.io9 100 do.,.s5&L. iiic
8 sh Cam Am H.120 loo do. 47
lOOBh Ph AE...030. 28)tf 200 do 471-10
81 sh Leh ValR.ls. b64 100 do c. 47
Sfl0shNYM 4 100 do 47
400shReadR.ls.b30. 47 100 do c. 47
100 do...rg&L471-16
BETWEEN BOARDS.
11000 Pa 6s 2 se.....l06i loo sh Reading.. b30,
47
twuu ravp rs 34
2sh Bkof N Am. 233
18 sh 2d & 3d St R. 45
9 sh Leh Vol R. 66 V
SO do IS. 56X
200
200
200
400
200
400
100
300
200
100
100
100
100
100
100
no... zu.tl. 41
do Is. 47
do.... Is. c. 46-94
do b30. 47tf
do 47,V
do Is. 47 Ji
do 830. 47?,'
do Is. 47i
do...ls.b30. 47
do C 47"i
do 0. 47?,'
do b8. 47X
da t
do.s5wn.fcl. 47tf
do 47-44
sn renna n..c. rxi
'0 do M
100 do.B5wnAi. 56
100 do 56
100 do 56
100 do b30 . 56,'
800 do IB. 56
200 sh Reading 47
100 do... 47
100 do 47
SECOND BOARD.
11000 Leh Gold 1.... 88 , 100 sh Read RR.... 47,
oosnLenvai K... 56V; 500 do..ls.o30. 47
50 do 66V
70 do 56 V
82shPenna R..ls. 66 v
KOshCataPf.sOOwn 87V
400 sh Phil A K R.. 23i
400 do b30. 29!f
100 do b5. 88.K
Jay Cookb a Co. quote Government securities as
follows: U. 8. 68 Of 1881, 119119 ; 6-SOS Of 1862,
121121X; da, 1864, U9U9X; da, 1865, 119 V
119 ; da, July. 1865, li7Jili8; da da, 1867,
1176118; da, 1868, 117?,117; 10-408, 109
10kf ; 6s, 106;t'107.; ; Gold, 160.
The receipts of the Philadelphia and Erie
Railroad Company for the month of August, 1869,
were .1299,034-44
For the same period last year 258,870-60
Increase $40,103-94
For eight months ef the present year. . . .12,014,205-63
For the same period last year 1,693,951-77
Increase $320,233-91
LATEST SHIPPING INTELLIGENCE.
For additional Marine Hews net Inside Pages.
(Hi Trlegi-aph.)
Iiwbs Sept 24,-Passed in, bamus Ann Klinahsth.from
Turk's Inland for Philadelphia; barque AnnWestero, from
LiTerpoolfwr Philadelphia ; also, two barques, names an
known. The number of vessels at the Breakwater hare
increased since yesterday. .
Passed out, schooners Florence 8hay, from Philadelphia
for Messina; also, schooners Julia Johnson, Samuel W.
Johnson, and Joseph Baymore, and a barque, name un
known. Wind N. K. and stormy.
-Fl SePt The steamer Rattlesnake, from
Philadelphia, reported ashore yesterday, struck a rook ia
Hell Gate, and was rnn aahore on the marsh to prevent
her sinking-. She has eleven feet of water in her.
8an Francisco, Sept. 23. -Cleared, ships Dirigo, for
Liverpool, taking 28.0U0 sacks of wheat, and Grace Dar
ling, for baker's Island via Honolulu. Sailed, ship Lady a
Love, for Cork.
Fohtkxbs J40NHOI. Sept. 24. Arrived, barque Way
farer from Rio, for orders. Passed in for Baltimore, brig
Ked W ing, from Kio.
Also, passed np for Baltimore Barque Brothers, from
West Indies, and brig Jeremiah, from Matanzaa, Passed
out, steamer Nipsio lor Bremen.
(By Atiflo-Aiwriran Cable.)
Glaboow. Sept. 24. Arrived, steamship Columbia,
from Mew York.
PORT OF PHILADELPHIA SEPTEMBER 31.
STATE Or TBKBMOalXTER AT THI EVKNIUO TKUCOBAPB
ovnoa.
7 A. M 68 1 It A. M... 74 1 3 P. M 76
CLEARED THIS MORNING.
Steamer Chester. Jones, New York.W. P. Clyde A Oo
Br. barque Bertha Temple, MoFirr, Liverpool, Peter
Wright A Sons.
Bchr Marshall Perrin, Packard, Commercial Point, Soott.
Walter A Co.
Fchr 8. H. Cady, Wood. Commercial Point, do.
Echr D. G. Floyd, Weoden, New London, do.
Bchr Dirigo, Bnow, Charleston, do.
Bchr Minnie, Errirkson, Annapolis, do.
Fchr C. B. McHhaiD, Quit-ley, Annapolis, do.
Bihr S. V. W. Kim mens, Williams, Washington, do.
Bchr Reading RR. No. 49, Robinson, Washington, do.
KohrJ O. MoShain, Kavanagh, Annapolis, ai.
Bchr Sidney Pr'ce, Price, Key West, do.
Kchr B. T. Wines, Hulse, Fall River, Sinnicknon A Co.
ricbr E. Sinnickson, Winsmore, Boston, do.
Bchr A. H. Cain, ISimpson, Boston, do.
Bchr H. B. bibson, Jonas, Brewster, do.
Bchr J. Trnman (iibbs. New Bedfrd, do.
Barge T. Connelly, Magruder, New York, do.
Tug Hudson, Nicholson, Baltimore, with stow of barges,
W. P. Clyde A Co.
Tug Chesapeake, Merribew, Havre-de-Graoe, with a tiw of
barges, W. P. Clyde A Co.
ARRIVED THI8 MORNING.
Bteamer Fannio, Fenton, 24 hours from New York, with
mdse. to W. M. Baird A Co.
. Steamer E. U. Biddle, McCue, 24 hours from New York,
with mdse. to W. P. Clyde A Co.
Bteamer R. Willing, Cundiff, 13 hours from Baltimore,
with mdse. to A. Groves, Jr.
Bteamer F. Franklin, Piorson, 13 hours from Baltimore,
with mdse. to A. Groves, Jr.
Barque Annie W. Weston, Davis, 40 days from Liverpool,
with mdse. to Peter Wright A bona.
Biig Altavela, Reed, 14 days from Cardenas, with mo
lasses to O. M. O'Callaghsn-vessel to Warren A Gregg.
Brig Mary K. Dana, O'Neill, 6 days from Gardiner, Me.,
with ice to Knickerbocker los Co vessel to S. Lathbury A
Co.
Bohr Vests (late Waite, who died at Cardenas), Stevens,
16 dsys from Cardenas, with molasses to G, W. Bernadou
A Bro. vessel to Warren A Gregg.
Bohr A. Hammond, Pains, 8 days from New York, with
salt to O. B. Crowoli.
Bchr W. R. Genn, Small, 6 days from New York, with salt
to Win. Bumm A Son.
Bchr Essex, Nickerson, from Providence, io ballast to
Knight A Bona
Scbr Olivia, Fox, 1 day from Odessa, Del., with grain to
Jas. L. Bewley A Co.
Bchr Clayton A Lowber, Jackson, 1 day from Smyrna,
Del., with grain to Jas L. Bewley A Co.
Bchr M. C. Burnite, Durborow, 1 day from Camden.Del.,
With grain to Jas. I,. Bewley A Go.
Bchr Ettie Hall, Maxon, 1 day from Frederics, Del.,wlth
grain to Jas. L. Bewley A Co.
Bchr E. M. Waite, McKay, 12 days from Calais, with lum
ber to Baker A Co.
Bohr Hyne, Glover, 6 days from Fox Island, with stone
to captain.
Bchr M. M. Merriman, Babbitt, from Taunton.
Tug Thomas Jefferson, Allen, from Baltimore, with a
tow of barges to W. P. Clyde A Co.
Tug Commodore, Wilson, from Havre-de-Graoe, with a
tow of barges to W. P. Clyde A Co.
SprHal Dttpalrh lo Th Kvmlng Triumph.
HAvna-DE-Gaaca, Sept. 24. The following boats left
bere in tow this morning :
Young, Finley A Co., with lumber to Patterson A Lip
pincott. Onward, with stone to Cunningham A Son.
J. H. Hetzell, with Iumb6r, for Camden.
Mary Ann, with lumber to Mullvaiu A Bush.
DISASTER.
The large iron steam propeller Rattlesnake ran on a
rock at Hell Gate, st u-o'clock A. M. yesterday, makiug a
hole in her bottom. Her captain was compellod to run
her ashore at the mouth of the Kills, between Randall's
Inland and Westchester county, where she now lies sub
merged, loaded with coal from Philadelphia, bound east,
MEMORANDA.
Brig Thomas Wal'er, Robinson, benoe, at Antigua Jd
iost., and sailed 4th for Nevis. . .
Bchr B. Reed, Gregory, for Philadelphia, sailed from
Richmond Hint inrt. .
tkhj Lata iilch, Paddock, bsoca, at Boston 224 but,
FOURTH EDITION
NEW 7 O R 21.
Crazy Operators A Lull in the Excite
ment The Failures Money Tight
and Stocks Flattering.
E U II o r E.
France on its Mettle Again The Byron
Scandal A Revelation from
Byron's Own Pen to be
Published,
FROM JfK W YORK.
KOUKTH RrBCIaL DBHPATCI1.
Thr Units Alarmrd at a. Rnsnor.
Kbw Yokk, 8pt. t4. When jrold hail reactiort
It wan rumored that Secretary Hontwoll was
coining to tho rescue ansWavould nwamp the bulla.
The alurm was well hecdc'l, and the bulla turned
and Hold short, sending the market to Us former
evcL
Ilontwell t the Rrarae.
The announcement proved correct, for It nas since
been ascertained direct from the Treasury Depart
ment, that Secretary Ittmtwdl baa advertised to pur
chase four million bonds, and sell four millions gold
to-morrow. There is a lull In the din of excitement,
and all are holding back contemplating the scene of
me morning a iray.
I.ettluH Them Kvally Usws,
Creditors are as lenient as possible and letting the
unfortunates down as easily as the olrcomstancea will
permit, otherwise many of them would be totally
swamped.
The Rich u4 Psr.
The most reliable of onr old houses held aloor,
fearing to enter the whirlpool which promised for
tune and threatened destruction all at the same mo
ment. Home have grown rich by chance, and hun
dreds of the oldcHt and usually wisest gold speca- .
lators have been rendered penniless.
BtddlB160.
New York, Sept. 24 a P. M A prominent ope
rator, AllK-rt Speyors, Is bidding 160 for gold, and no
one will sell to him, 'supposing hiin to be crazy.
BrtHlnesus Steppe1.
All brokers have ceased doing counter business.
Several very large houses are reported to have
failed. At 1 CO P. M. gold stood at 136.
Money Tight aad Stack Uanettlett.
New York, Sept. 24 -i P. M. Money ia very
tight at T, with H cooimlMdon. Exchange, long
sight, 4tf ; short. 6.
Stocks unsettled. Intense excitement continues
In the Oold Room. The quotation at this moment
Is 133.
Fail area.
Albert Spcyer. the party referred to aa being crazy,
has failed, and nas beea sold out under the rule;,
also, William Beldon.
. 2-80 P. M Gold, 133jjV
FROM JVEW EJVaLAJVDr
The Natloaal IHaslcal Ceaveattoa la Boston.
Boston. Sept. 24. The constitution and by-laws of
the Musical Convention designate that the name of
the organization shall be the National Musical Con
Sress, and provide that the active memlMirs shall be .
elegatea from choral societies, being entitled to re
presentation therein upon the annual payment Into
the treasury of the sum of one dollar for every
ten members, and the said representatisn
shall consist of one delegate for every dollar thus
paid, whose certificate, signed by the president and
secretary of the said society, shall be deemed satis
factory evidence of his membership. Professional
musicians and other persons may be admitted to
active membership by a rule of the board of direc
tors, and each member shall pay one dollar annually.
The officers shall consist of a president, vice-president,
secretary, treasurer, librarian, and twenty
directors, all elected annually, and shall constitute a
board of management, holding ofllce until their suc
cessors are elected. The congress will hold annual
sessions at such places as the board of management
shall designate.
FROM THE SOUTH.
The Army ofTenneanee The Coating Kenalon
Our Irftte Secretary.
Louisvii.i.ic, Sept. 24. At a meeting of the Execu
tive Committee of the Army of Tennessee, com
mittees were appointed to correspond with (ieneral
Wilson, to make suitable arrangements for holding
a meeting of his cavalry corps In this city on
November 17. A resolution was adopted authorizing
the committee of arrangements to extend a special
Invitation to such otllcers of the regular army and
late volunteer service as said committee may see
proper. The following were also adopted :
Whereat, Subsequently to th eall of tho meeting of the
Society of the Army of th 1'ennssme, to be held In ti
city of Louisville on November 17. lHtxl, Its President, the
distinguished General John A. Rawlins, has departed this
life;
jumAwhI, That th Committee on Commemorative De
corations bs instruoted to prepare such oomineinorative
decorations as will appropriately express the esteem and
affection in which th memory of tne illustrious deceased
is hll.
Rnolceil, That General Eli Parker be and Is Invited to
deliver an eulogy on the life, character and services of the
lamented deceased.
FROM EUROPE.
France on Another War Tack.
By the Anglo-Ameriean Cable. -Paris,
Sept. 24. The Gaulois asserts that France
has sent a note to Prussia and Baden declaring that
she will regard the annexation of the Grand Duchy
of Baden to Prussia as a count belli.
The Byron Mcnndal to be Settled.
London, Sept. 24. The Guardian says that a
manuscript In Lord Kyron's own handwriting will
soon be publlHhed, which, will settle the question
raised by Mrs. Stowe.
Philadelphia Trade Report.
Friday, Sept. 24 Bark, is held firmly at f 30 per
ton for No. 1 Quercitron.
Flour Is quiet, but steady; (100 barrels sold In lots
for home consumption at j.-s-eso-e-ix for superfine ;
5-60tt-2B for extras; 6-5tx3T-T5 for Northwestern
extra family ; 6-25($T-25 for Pennsylvania do. ; S0-T5
T7B for Ohio do. do. ; and KM9IO for fancy brands,
according to quality. Kye Flour Is not so strong; 80
barrels sold at 16-25.
There Is not mucli activity In the Wheat market,
but holders are firmer in their views, owing to tho
advance in gold. Sales of Buoo bushtsls Pennsylvania
and Western red at fl-MSltsa, and 6000 bushels In
diana do., for shipment, on private terms, ltye la
lower; 10UO bushels Western sold at fl-12. Corn la
quiet; sales of yellow at $l-16l-20, and mixed
Western at gl -lli 1-13. Oats are unchanged. Sales
of 264)0 bushels Pennsylvania, Delaware, and West
ern at Cilia 6ft cents.
Nothing doing In Barley or Malt.
Whisky Is decidedly ilrtuer. We quote wood and
Iron-bound Western at fl -ili&l -30 per gallon.
Central Station Hearikub. This afternoon at 2
o'clock, before Alderman Kerr, at the Central Police Sta
tion, Andersus Gallagher had a nearing on the charge of
robbing a tavern, No. 1UI7 Stiippen street, of S155 in cash
and a coat. Owing to the absence of testimony, the pri
soner was held in &3000 bail for a further hearing on Tues
day next. , .
John Dichl, accused of shooting his wife at No. lew
Poplar street, was recommitted to prison for a lurtoer
hearing on the 1st prosimo. Dr. It. O. Sbelmordine testify,
ing that the oondition of Mr. liehl was such that be oouia
not pronounce her out of danger. . ..
Jtdward Mooney, for the theft of a MkM of fsnoy
Soeds from the store of Messrs. Langfeld. Litci eii Uo.,
.. 241 Matket strset, was held in b ,","7rivv
11. H. Adams and J. 11. I-,-"'"t,wS7 nh?
bail f.r s further hearing on tliD7lh .W
using false and forged passes Jupon the Pennsylvania Cen
tral Railroad.
Southern Republicans have been BtisrgesUng
that either Governor Wells of Virginia, Governor
Bcott of South Carolina, or Geucral Stokes of .
Tennessee, would make a good Secretary of
War,
A letter Is In circulation In Chautauqua
County, signed ly Commodore Vandorbllt, In
which he pledges himself to purchase the Cross
Cut Kallroad town bonds at par, provided Mr.
EemuB ie rcuomiuatca.