11 S. I= q ID I WORKS. pIT'OBURGiI -11 STEEL WORKS. IBTABLIBELED IN 1845. &• WOODS, DIANUP.A.CTMEEIi OP ZEST T REFINED CAST STEEL Oforori description. Also, beat ! Befipl . GeFinan Plow ` and Steel. omutrErt ROBB .AND 7111 ST AYlSNXlX,Plttei birqb. •• • • suismai KIER, & r . GENZRALI'AiTiatiB WM. MF.TCIt.' tr. REUBEN MILLER, .13.E0. W. BARB, I CHAS. PAUELIi. arsciet, PARTliza-8. 2d. KIER, CRESCENT STEEL WORKS, ill - TLIER, BARR & OIVCE,No. 119 Liberty Street, rirrssusaa, rA fei4:do ))ITQUEME. WOO S.j Di)MMI & CO. iLwlnflscturera IRON, NAILS, STEEL, 'AXLES AND SPRINGS, notarEsait, L X ADD JIIX - lATA, 'ILLT BAR, ROUND AND SPE T IT A_N it E IRON. - BAND, HOOP, SHEET AND IRON. BOILER PL ATV' AND HEADS, :WARD IRON DRAO and DROPPER BA. FLANGB I : etrrrza. BARS, OIC W AND PLAT. RAIL for Coal Roads. • ZBOWB ARS,WE.DOES A HARROW TEETH, _LOW .t..ND CULTIVATOR STEEL, earzEL WINOS AND MOULDS cut to pattern. STEEL TIBBS, STEEL .SHAFTIN 4 3, A. B. TrEL. - - alum, BUGGY and WAGONSPRINGB and .3.LES , ;C t . = tAIL§, AND srvass. - 'lll gloodairst Class and Warranted. • OFFICES AND WORIO3. ,I,LaSeenth Barbet and Allegheny River, and 7%..Water Street. Pittsburgh. :4110/714E1Lp, - 13TEEILoW0/Eillill. I .l.l3Gfiai NMOK & 00 „ PITTSBURGH. 'PAIL. latizeotorers of every ,doscrtption of . t - ZAST ANW.GERNAN STFFiy .1.711LW BrAINGS, .!C A AND P V TIFOF EEL el Btl,Water and 100 First Sts. LAGS.-DHA.RIOND STEL WOYIMS. BROTIM & CO., itsronlitnrers'of all descriptions of 19 6 X 1 MMIJ6 and Wwvhouse, TEI THIRTY ..V 1.33 T and JII,I9LOAD HTILEETI3, BRASS FOUNDERS. . - 11700 D & M'CAFFREY s o. Cor. Liberty. St. & 3d Avenae, PITTSBURGH. PAL, BRASS ' FOUNDERS, L --- And Iron Pipe Fitters. And AGENTS fey A. BL O WERS CO'3 STEA.M PUMPS AGO ; H EIHY-BIWI.. HENRY BIER & CO, succEssorts TO our ni. COOPER do 00., Bell and. Brass Founders. ISIZASi • CASTINGS HIDE Y3blarTE.T TO ogoza,. Maleable And Grey, Iroa ,Fittings, GAS PIPE AND TURING, YffIiOTILE SUITT AND CIIECE VALVES , GLGBE PATTERN. 40074( .0000kr-S, Srttas Work ot every deficription for Stem, Water and 01h, zenusszttis*B4 Or .1. At.CUOPEB. co Improved •Balanee-Wheel Steam f: Pump. Agents ftii Dr e 7fits , , l'atent Ott ers. the bar n Market. Dee and Works; rner 'lturte•entband Pike, treats. sins IRON WORKS. riatism . .•ti.toess - .. 'Zee Trustees are now_p_eosreilittgraill. :Mi en- Y tor the WIC 14 tiler .ziriAtaammalt ON ,SS. Toe superior qualitiiirePeOeCto geoid iron, "at great improvement4inerlartron, end the •: educed cost. commend it to Lit manufacturers of itiincoliiiiihirm by l'arties wishing to Well to • J'AZII.EIiPiP: (SEER Attorney for the Trustees, I.OOASAMiIdj Ai Anglisitle umng,96% Y'oalth avenue. 3 .2r.r ties interested are invited to visit the 1:::1NUN:WM IiVONAS, AtW-re the ?me II LB '4CO4 In snecesstui elperttion. leS:a7 RELESTON & .2.14 • ,e•:- 1 "itirattisniti Iron Works. • SOIa'AGO slid /GT FOIST, iTItZET, opposite Moncregasels House, '5 4 14 1 :4 8 ._G 3.,31:'3 PlTTBaunon NQ ,Ty WORKS. NOVEELTUWOWIM le Wounded A. •D. 1883. COI .!.T.YSTONZ STANDABD,WAISBA2FIE 55AT INT) PIAT7OSSI. AAD COUNT= , Eak it it s ty Jac= Need al a:La P s aint add Clone Milk "30E91101. 11 /MtrIg a rGIAIT ya.,4 MEI= ,3TIGINB3, BOILMI3, HUGE 112 - BOLE & CO2, Qr. - Point Alley and Duquesne ! ppeLli TEM rourr,) -- Engine Builders, Founders and ataeltiriists. Manufacture BTRAMBOAT ENGINES and BM :SART. ENOINES, of all ekes.. 8 eclat attention Invited tour UR STATION. - OIL WELL' ENGINE AND PORTABLE BOILER, of 18-horaerpower. CASTINOBf every kin d; made to order stow, Foundry, on THIRD BTREET, below Market. ' R 1438 for Oil Wells. BHAPTINO, _PULLEYS, HANGERS, Rousß and TOBAOOO INIREWS and IRON TOBACCO PRRSFEB, on Sand and made to order. at the . • .• INDUSTRIAL WORKS, Fronting on the Allegheny lifter, near the Point, Mr AU orders proraitly flied. TRY U FORT PITT /' ' itiILER, SIM AND TANK CARROLL & SKYDER, TITBULEN, YKKIBLE-FLUED TUBULAR, FIRE-BOX AND CYLINDEp STEAM. BOIL ERS. OM STILLS AND Olt TANKS, CHIMNEYS. BREECHING , AND ASH PANS, SETTLING PANS, SALT PANS AND CON STEAM PIPES, GASOMETERS AND /RON . BRIDGES; PRISON Dothea AND OOAL lIHUTEM Offlee and Warehouse, corner SooOtsd, Third. Short nod liberty Strooto, Orden sent to the above address will be .rotnntly attended to. mh7:1BO WM. BARNELILL & CO., BOILER MAKERS AND SHEET IRON WORKERS, NOS. SO, AS, SS AND 1165 PENN BT. Raving secured a large yard and tarnished it wan the most approved machine-I'Y we ste_O:e pared to manufacture every description of BOIL ERS in the best manner, and warranted equal to any made In the country. Chimneys Breeching, Fire Beds, Steam Pipes, Locomotive Boilers, Condensers, Salt Pans, Tarim . , 011 Stills, A.gita-' tors, Settling Pans, Boller Iron, Bridges, Sagaar Pans, and sole manufacturers of Barnhill's Pat ent Boilers. Repairing done on anortest notice. JAB= D. D. us= :TARED NAIIHISH & SON, TLCTDssne:ot Steam Boilers,- Oil, Stills, Tanis. • mom wenn. &o. 431 ;Penn Street,, I.Nttsburgh, .Pa. STOVES, CASTINGS, &Ili - - A.. ISBADIAEY diz CO., BO WOOD STEM, manuactarers of the greatest variety of Cook,Parlor and Heating Starea, TO BE FILKINDg In our assortment will be found all theLATEST PATTARDS AND IMPROVIiIIEP TS. and the reputation'of oar Stoves is such that an* one in Want of a good article should purchase none but those manufactured by us, as they will be found the most durable as well as economical. Would call Particular attention to our new VOLCAN , i STOVE. for churches, balls ana stores. Over 500 sold in three months. Intended for with or with out casing—Ail who have used them pronounce them superior to any other and far cheaper. Send forDatalogne and Price List. je3o PITTSBURGH. ORM', HUGO & CO,, V.A.NOTACTVEMEte or IVY VARIETY OT BOSTON COOKING RANGE, "THE FIERY FURNACE," Fos W•11.10AG EMELDINGB. THE NEW ANTI-DUST COOKING STOVE. ”REGULATOR. ,, COLUMBIA COOK STOVE YAM'S Az eTerelnnaglifiriteArti PORTIts ORATECTOR, GRAfree Vaud= E PE TS. Ac. and dut; 206 - ind 200 • Liberty Street,' se:Mryl7 • • •• • , PITTSBURGH. PA. .GUAI'AVI/B BASC COOK STOVES. CET THE BEST. RIESSIMILJA €0:11 ' TRIUMPH.. , FOB Ifizrizmilvoim COAL. Warranted to Cook, Bake or Boast as snit as any other Bkme In the' Union. • " BISSELL & 00. 1 No. 285 , ,Libertv Street. Also oa nandand for : Wei 8"T1PAR,17. 421 0k311.1 PE.NDEBB, nOORTNG isANOW , S. ie. TO BUILDEM t • 500.000 feet Dry Pine Boards. 1.1k1,1300 fecteltf. inCkOlearriank; ssotftylentiatfi-incllCommcmPtinkt.• 115,000 feet Du 1 and SI inch Oak: • 515,000 ft. and 3 Inch Poplitr: 10 4 you feet - Dry Poplar licantllng; 1%000 feet Dry Yeliow Pule Boards; ; 100,000 feet ffesalock Scantling. 503.004 feet.Ndel Inclll.safftlinil Ems. • • SOO,OOO No. 1 ifi-Inchninees. 'Wed: • 50,000 No. ll6.dzscht3Matesi innvedt • 50,000 "Ire Brick: • . • • 1,000 Fire. 100,YbitsL1/450111:::'.1 ts. 4 • Also, Saw Mill Locust Lumber, and Cedar Post 4, an i d e aclee In Omltmon band and for sale by DBII V.5=511130N. Yards— No. mil Rebecc dit a' treet. and corner of Preble and Juniata streets, Sixth late bur - ough of tistitlmitC4 tp:11 GLASS: I.I OEINA; )OU DR • *FPI SBUEG 0 AZETTE : SATURDAY ;--- SEPTEMBER 25, 1869. PITTBEInieII. PA. WOR',ES. ILLITII7ACTUSIIsB 07 PITTSBURGH, Pa. / 7 - LUMBER. TREET. elitg• !FOOD z ;; GOODS. ' EWE. VASES, isommixsar AND CHINA. • NEW ~TYLBB - DINN/r.R TN . TE M A lizTl3. 9 4ognixt tirllT CUM ' age .Lock of I; SILVER PLATED GOODS te C el a i l atisledirb i g: ou r ed W i tt blt i alte w d e . 41 MIL ED & CO. 1 t~.'l]Fl M>/ FOUNDERS, MACHINISTS. W. J ANDERSON, ...... FILEYVOGLE. IIONONGIIIIIII FOUNDRY, N. J. ANDERSON & CO., _ • Mang f:cturers 'or IRON noun FRONTS, WINDOW LINTELS and SILLS, and Ckstings of all Descriptions. Aar Erdal attr titian paid to ARCHITECTU RAL CA , TINGS and to Castings for Window Glass Roust a. OFFICE •am IF owipar—No. 159 WATER STREET, Pittsburgh. pa. KNAP FORT PITT FOUNDRY CHUM. OFFICE AND WORKS, TWELFTH TREET, PrrISBURGE, PA. 'Engines, Rolling Mill Ma chinery, Nail Machines, Re torts, and Castings generally. N ATIONAL FOUNDRY AND PIPE WORKS. Cornor Carroll and limaLiman Streets, (MYTH WARD,) PITTSISITEiGiLL, PA.' WILLIAM SMITH S Manufacturer of CET 111,01 1 1 . BOWL PIPE FOR CAB AND WATEILWOIIIII4. K l. P arllaeVi cisst t i tts 7 . l llTO Y , War" d ng of general Castings for ('as and Water Works. iwottid es:Li the - ftention of Superintend. enta of Elau:Srorks to LJ make of ILETOBTS. DUQUESNE 'FORGE. WELLI7II (Successor to JOS. d PA HAIGH & C 0.,) Hu facilities eo-extenervo with the leading Forges In the East, and Is Prepared to promptly and satisfactorily Ali 111 orders for STEAMBOAT SHAFTS, CHAN - KS. ] PISTON 1101) 4 , Lt.VERS, PITMAN JAMS WRISTS, RAILROAD AXLES, LOCoMOTIVE FRAMES. Aogether with every description of SHAM, WORK. °Mu and Forge, Corner of Dupes e Way and Firat Meet. spicb4o ROBEITSON, rEA & CO., • Successors to 808111807, Norm A musints. WASHINGTON WORKS, FOUNDERS AND MACHINISTS,PITTSBUR6H, Hanafiattrers of Boit sad Stationary Steam En. eines, Blast Engines; Mill Machinery, Gearing, Shafting, Castings of all descriptions: Oil Tanks and Stills, Boiler aid itheet Iron Work. Oince, No. IS, corner /first and Smithfield Streets. Agents for OIPPAILIMPATRNT INJECTOR for feeding Boilers. I • jali:rei THOMAS CAItLIN & CO., Fourth Ward Foundry and Machine Works _ BLNDUBIEY BT., kLI,IO3TENI %awl. PA.. Manufacturers Of Stationary and Portable Steam gnglues, eras..., lers, nhaftlng, Grist and Banll Work; Bolling and Macklne Cullum Grate Bus Weights Wagon Boxes, dc. Build to order and hare on band gamines of all Maas. - . invitgs OILS. IL WOBSS. DWffoND H., M. l ONC & CO., BUILDING, Once, DALLZEL e Way. Pittsburgh, Pa. Dn4 WARIN6 AND KING, couusauion liarshanis sad BreMrs la Petroleum and Its Fri:duets, . OALZELL 0 3 BLOCK, DUQUESNE 110, 1113LADRUSIS ADDUZBS. Room 17, Chamber of Commeree, 123 SOUTH SZOOND,STMUCT. spin . TACii 11.110T1.1.E1115, COMMISSION IifEIICHANT., • AL DICALIEBS VS Petroleum' and its Products, J Pltgb e nlll 4 o f i rip i t i L a Z a Mi ta l B lim rn:DlNgl. aora PhlaAelphi:(ll 10*-11111107,ILLN II T trr. k a , 1:w30 I ECLIPSE P TROLEUM -REFINERY, W. C. TIVINDDeka Lubricating & HO Test Burning Oils. zenrw. Sntlrond Azle 00. Stands 'great] heat without change; remains =gad at lowest temperatures. Special 011 ror tropical climates or hot weather. Locomotive; Engine, Machine Shop, Will cut aorewa. Sale 11101 arid Mantua 11.11101 his /Wi l ted inr high speed. Spa • 011 $ WoollSeadsLiplit Otis OIL ansserellteffs Seaseles lag& nabbing Oils 6**o l l lll .o_' Hammes Oa Parratisios Allid01; VAILNIBII t to present. Bright Iron Work and Machinery from Rust. These kiroduots tre g ininutaettli Oilier Ph Twaddle aliment y uperheated team n Vac ono, % he Lubfloattng :Ali are almost odorless, perfectly pure, unt fOrm, and meetly ht 4 301. °rod. atan d a high temperature unchang li e g d. and n t:llllnpiadurro■estromacoldl The Railroad Old are unequalled, and are to constantuse on many of the principal Itallroads. litampluirLan ‘eiramlneit and orders left at ll* vamp InflititT, Works at iiharpsburg STONE WWI! WPM , txr.:..-!+ I ANOMROLN9n4 I -IWPONE EnILWIRTEg9S,WW9_I;&on, Al 1•0•47. Nub% ATIT/Vrim & Oth . 'HaysolibiguSlrr on i ergenT rtli la n e r gr a as. sr? W' ? . prompily suout4d. Mei twoludgit FINANCIAL. AMERICAN BOIL NO. 80 FOURTH AVENUE, PITTSDURGU. , :; CASH CAPITAL 1 . •• r • , $200.000 Stockholders ladividaally Liable. RANH OF DISCOUNT AND DEPOSIT. JOIEN WM. FLOYD, Prestdeat. Coihier. DIRECTORS. Thos. M. Marshall,John M. Mnrtland, I Wm. T. Shannon, Archibald Wallace, • James W. Arrott, Jas. L. Kelly, Chas. IL Leech, I, Wm. Floyd. John Floyd, Thls. Bank Is now fully orginlied:and . prepared to do a general Banking business. Selok43 CITY BANK. - 112 Fifth Street, Pittsburgh, Pa. CAPITAL, 5100,000. ~ • STOCKHOLDERS INDIVIDUALLY LIABLE, INTEREST PAID ON DEPOSITN FOREIGN EXCHANGE Bought and sold, and when_desired remitted to Europe. Collections made on all the principal points of the United States and Canada. llomiNimitimsa.N, L'reshlent. JAniss McCabg, Vice President. W. N. MOiloaN. Cashier. DIRSCTOIIB. D. Ihmeen, • James McCabe, Thomas Rourke, Hugh Keating. J. Dunlevy, Jr., Terence Campbell, Patrick Halm,: . lames Phelan, Chao. B. Barr, , H..A.Frerrogle, Jno.Jus.liermann, Thoma' Barnes, Jel:k JOS. M. OAZZAM, Solicitor. THE SAFE DEPOSIT COMPANY Of Pittsburgh. IncorPorated by the Legislature of Pennsylva nia, January 714, 1867. For the safe-keeping of Bonds and other Securities, Bole and Silver, Silver Plate. Books, Records. Diamonds and Valuables of all descriptions, under guarantee, and for the renting of Safes in Its burglar-proof vaults. Building and Ocoee: ro. 83 FOURTII .IFEJITE, IFIfT23ISEUGH, PA 241611/LNT-VrELLIAM PHILLIPS. Vice. l'amun:NT-11ENItY LLOYD DIAZCZOnS; WM. PHILLTPi, JAMES I. 'BENNETT HM NRY LLoYI.), BYRoN H. PAINTER WILLIAM REA, JOS. S. MORRISoN, WLLLAAIt M. LYON.,GEORRE CURTIS U. DIUSSIGY. SECRETARY AND TREASURER d. F. VoN BoN.I.IIORST suMn67 lg . HOLZ/ILES & SONS, 33.4eL/NT3II2r...II3ME;LgS, 57 Market Street, Prri.riS33l: l ll 4 l3l.lll, PAL. Collections made on all the principal points o the United litates and Canadas. Stocks,Bonds and other Securities BOUGHT AND BOLD ON COHNIOtiION. Particular attention paid to the purchase mid to a of lcroated States Srurities. HART, CAUGHEIOi. CO., BANKERS AND BROKERS, Corner Third and Wood Streets, PrITSI3I3I3OII. OITICCEB3O3I3 TO SANINL. HAM ♦ C 0..) Dzasns IX Exchange, COIn, Coupons, And Dardealai attention ;ald SO the parasse and sale of COVERNSSENT BONDS. • L EW, ENTSTTAD on London. ! G lIARWAT GOLD LOAN. PACIF rs. DABNEY, MORGAN & CO., in c Place, and IL K. JESUP & CO., Eichan . Street, N. Y., offer i for sale the pt the Kansas Pacific Railway, mils pay seven per cents in Gold; irty years to run; are Free from eat Taxation ; are secured' by• a 12 Pine Bonds These have Govern rant of Thm Zillion litres of the Land Lands in Kansat and Colorado. Pinot Lion to this special grant the Com- In add pany In owns Three Million' of Acres in ivici4 bin!, rapidly sold to develop the country and improve the road. They are a first mortgage upon the extension l a Abe iol i d iron" Sheridan, Kenne l to Denier, Colorado. The road in operation, 417 miles long, upon wb4sh it is also a mort gage, NOW EARNS MORE THAN ENOUGH NET INCOME TO PAY TUE INTEREST ON TIiR NEW LOAN. There is no better security in the market—this being in so 4 teepees belief than Government Se curities, PRINCIPAL AND INTEREST 401,D 1 .‘' Prim ' 96, and Recta ed Interest, in Currency. Pamphlets, Maps off. "P i 481°16" E FINANCIAL. 4 Q<Dtar-a3C), SILVER AND COUPONS Bought at Highest Prices. PI L R. NERTZ, Banker Cori. Wood and Fifth Street& my 6 jAlliS TS" BRADAL Co.) (Successors 08. JONES h C 0..) Corner Fourth and Toad Sts., 3IER .L161 4 4T 3EL. 7IM 3EI. leo 9 BUY AND BELL ALL RINDS 01' GOVERNMENT SECURITIES, SOLD, SILVER AND COUPONS, ON klOB . l FAVORABLE TERMS. Interest Allmon on Deposits.. - 101-Moncy losned on Government Bonds at lowest market rates. Orders onoonted for tho Purchase and Sole of STOBBS, BONDS and GOLD, JAMES T. BRADY & CO. llittsburATJ Gayttt. FINANCE AND TRADE, OPPIOE or PITTSBI7EOH GAZETTE, FRIDAY, Sept. 24, 1869. The excitement in Wall street today has certainly exceeded anything in its history. The great Erie corner. re pesited twice, the corner in 'Fort wayne, Cleveland and Pittsburgh, New York Central, Pacific Mail and Michigan Southern, ware small affairs in com parison to what was enacted in gold to day. Although the, fluctuations to•day in gold were not as wide in their range as during the war, they were never so violent and so different in character, as during the war when gold ad vanced suddenly, everybody was concerned in it, but to-day the out- Side public bad no share in either the Profits or the loses incurred; these were entirely confined to the dealers in the foreign banks and the importers. If gold . advanced on the strength of the misfortunes of our armies during the war, the mass of the population rushed to buy gold, but- to-day the man who carried gold ever so long, could not sell it except be belonged to the ring, or bad millions to sell. The plant for the great corner in gold emanated from the Erie clique with Jay Gould the Treasurer of that company, and a partner of a bank- ers firm long prominent in Broad street, as its heal, in conjazotion with another brokers firm also prominent in the gold room. These parties noticing how im porters, bankers and a number of,. pri. vate individuals were .discounting-the expected large export of cotton, grain conceived the idea of buying up all .the gold on the market. or in other I words, all that the, Banks held and what ' was in the SO-Treasury, represented by gold certificates. They took all the contracts they could get, said to amount in all to about 75 millions dollars of gold. With this in possession, they sud denly refused to sell at any price, and offering all that was offered in. round lots of from one to five millons; thus keeping out all the , •ernaller 'op erators, and preyenting any ~j. e mbar rassing settlement' at a crisis and saved a large amount Of margin requir ed by small houses. It is reliably re ported that one house on Broadway was short fifteen millions, and othersin pro portion. By bidding today for : lets . of r five millions at 16D, and above, it was I thought 1,75 could be reached. ; The Sec- retary of the Trutury, however, came in time to prbvimat such a calamity by offering to sell four xnillions of gold on Saturday, and four millions on Monday. We never saw so many anxious faces to sell their gold at 160 as to-day, with- out being able to get a bid, as it was ut• terly impossible to sell, or even buy, otherwise than in millions, with but few exceptions. It was really surprising to see people hold back yesterday at even Ij3, expecting to get 160 or 175 to-day. The fluctuations, althbugh after being down from 162 or 170 in Philadelphia to 136, suddenly jumped to 147 and 160 'again, to decline almost instantly to 135, 134, 133, 130 and 133%, to 134%, closing at 5. v. la. at 133% to 134. What the tilitln; price of gold will be may well be 1 gined with eitflit mil lions coming from the Treasoryi About thirty-; ye millions to be paid in interest, du. in November, but an- lions coming from Ea ile way, with daily in and , an sager, crowd of dsclinb, antichiating ell cies. — Under - such cir , • y need 'fear 'tliat .this excitement in gold; be rapid, although until a point about hen business may re r course, and not until I .usiness be,done with a Space here prevents . the further effeo:a of g question to-day. , received Dv Ph . R. OM: Silver, 128; Eighty le Twenties, 1882, 122 M; Co 1888, 120 M; do 18815, 1 do :1887. 119%; do 1888, low - 109 M; _New, York' Cri t et._,---f7;Ovii; et . liropies - d11: - MIftgo . WO.* , itteisal.ppis 12Ni. lathers!, 92M; Clev&• iburght 95/ - Chicago a ticipated, and rope, now on t creasing export speculators for these oontinge aumstances nob was the last uctuaticins w L less -violent, 120 is reached, aume its regub then will any 1 .1 degree of safety us extending o this all absorb' Quotation*; Mertz: Gold, 11 1 one's, 120 k; F do 1864, 120; OcKukOlsr - /19it 119; Ten 'so OanWs / 0 14ii k , 84,it Michigan land a Pit Rock Island, 108 X; Chicago, dr. North Weatern, 72x; Chicago dr North Western Preferred, 84%; Adams Express Com pany, UV,: Merchants Union Express, 11m; Pacific Mail, —: Western Union Telegraph Company, £63; American Ex- press Company 30%. EXCTEtAiS GE, Large. Small. London, per $6,56 t 7,60 Paris. per franc 25% 27 Berlin, thater 06% 99' Frankfort, florins 56% 58 —Closing quotations received by James T. Brady & Co. Gold: 153%; United States Sixes, 1881, 120%; Five-Twenties; 1862, 121%; do. 1864, 120%: do. 1865, 120%; Ten-Forties, 109? x; Five-Twenties, Janu ary and July, 1865, 119%; do. do. 1867, 119%; do, do. 1868. 119 1 4 Due Coln - pounds, Union Pacific - Railroad, 86; Central do, do, 99; Cy. PaCitlo, 107 X; Lake Superiors, 96. By Telegraph to the Pittsburgh Garetteo NEW YORK, September; 24. The excitement growing ont of the gold speculations resulted this morning in an absolute panic. At 9:15 A. s .147% was bid for gold, and quickly the price advanced to 153. At the opening of the Gold Room the price was holy/ at 150 bid, and 151 asked, and the , •bulls 4 offered to make settlements with the shorts on that basis. Fow, however, accepted the over tures, being prevented by the hope that something might be done at Wash ington to relieve the marl et The anxiety for news from that quar ter was intense, and the hope that. the Treasury might interfere was strengthened by the fact that numerous and very urgent remonstrances were made to the President and Secretary of the Treasury by parties who, there was reason to expect, would have influence with the Administration; - but not a word came from the Government, and while . _ the "bears" were waiting the 'bulls" were carrying up the price by rapid jumps to 16234. Near noon the "shorts," surrendering all hope, be gan to accept the oilers of settlement, and some of the operators most heavily short compromised on the basis of 148@150. About noon an order came from the Secretary of the Treasury to sell to-morrow 54,01:0,000 of gold and purchase au equal amount of bonds. The order, however, did not come until the "bulls" had compelled a settlement at about 150, and the main opera tions of the bulls having been consummated, there was a sudden drop to 134. By 1:30 P. 31 , contrary to expec tation, the speculation culminated with out any effort to compel the payment of extraordinary rates for borrowing. On the contrary, while the price was being carried up to over 160, the bulls" were offering from 1 32 to 1 per cent. per day for having their gold carried. According to the current report the "bull" clique claims to have made $11,000,000 out of their operations; and the losses on the other aide must , be equal. One prominent gold broker, Mr. A. G. Speyers, who was conspicuous this morning for bidding 160 for one mil lion gold, when the price was 135, had failed to take up the gold, in defense made`a statement in the Gold Room this afternoon to the effect that _ the gold he bought yesterday was for Mr. W. BAden, and this bill for gold at 160 to-day was on account cf James __ Fisk, Jr., and that his inability to deliv er arose from both parties not having given him soy- margin. He did not, however, explain why he bid 160 when gold eonld have been bought at 135. Mr. Speyer's conduct in other respects dur ing the day was such as to suggest the idea that he was under some hallucina tion, but a report current on the street that he bad been placed in care of his friends does not appear to have been correct. The enormous transactions in the Gold Room have produced a complete block In business. In the Gold Exchange Bank it has been impossible to effect all the clearances within the usual hours, and the result has been that brokers have been unable;to make settlements ortheir accounts and several firms have been forced into temporary suspension with se rious embsrassment to the whole market. Several firms are thus placed in a post -Lion of having their margin locked up in the Gold Exchange bank and being nn able to make their accounts good with their bank, and therefore cannot give their cheeks in settlement of 'claims. The Commercial says among the firma prominently affected from this cause are A. G. Speyers, Belden k Co., P. H. Wil liam!, Jr., Galway, Hunter tit Co., Chas. McClure & Co., S. B. Waller and Wm. Heath to Co. The two latter firma as sure their creditors of their entire ability to make all claims good as soon as they are enabled to get possession - of their ' funds by the completion of the gold clear ances, and there is apparently a good , probability that few of the other firms mentioned will prove to be permanent failures. The Express says: The closing of the day, the most eventful one in the history of Wall street, was comparatively calm, although in all directions were gathered small crowds of brokers and specu lators talking ever and discussing the exciting scenes. It is stated officially that tho gold exchange: banks will probably be able to make 'their settlements by five or six o'clock this evening, when the leading brokers will make a settlement with the street. Some, however, may not be able to straighten out their affairs before to morrow. Many reports are current ou the streets in regard to large failures . therefore, they should be received with caution, as all indications point to a sat isfactory settlement to-morrow. Yes teeday the clearings of the Gold Ex change Bank, presenting Wednesday's business, amounted to $324,524,000, but to-day's transactions must have largely exceeded that amount. The Treasury announcement is as follows: New Fork, September 24, 1869.—NoncE. —The Government reserves the .right to 'accept all bids made at 12 o'clock to- morrow evening in excess of .four mill ions for gold or bonds at discretion. , direction ofthe Honorable, Secretary of the Treasury. - • [Signed) DII.NLEL BUTTERPIELD, ". Aesistant Treaeurer. Gold was neglected during the after noon. the price ranging' from' 133 to 135 until late in the day, when it fell to 11321 e, the closing price. There is a ru mor that a foreign tetuking house sold five millions today for the Goverment, but it is officially contradicted. The rates paid for carrying were 1.32 to / per cent. during the morning and 3 per cent in the afternoon, though some loans were made flat since the above was written.' Gold .advanced to 133, at which it closed. Failures and reports of failures have produced unsettled feehng in the money market, and. the. improvement which followed the break in geld has not since been maintained. The minimum rate is 7 per cent. gold, and y,© % is very generally paid for carrying stocks. Foreign exchange was . deci dedly better on the decline in gold. ,Prime bankers eter/ing pills at 734(§8, witkinoriabusiness. • . The panic intbld traeattencledikith a decline An Goternizairiti;:iangiag„from 9i to 1% :per - centi- -AV the second call (Continued on Third Page.)
Significant historical Pennsylvania newspapers