6.
STEEL WORKS
.'431T7 SWURGII
STEEL WORKS.
STA.BLL9IIED IN 1845
ANDERSON & WOOD,
MANUFACTURERS OF
REFINED CAST s 7 EEL
Of every description. Also, best'
Relined German Plow and spring' Steel.
OORNEII. 110 - 188 AND FIRST AVENUE,Pitts
bdrs h. Ps. anlenAL
111 R, 1191111 & PEKIN.
GENERAL. PARTNERS
WM: METCALF. EMMEN MILLE%
eV). W. BARE, . CHAS. PARKIN.
SPECIAL rARTN. firt-S. M. KIER,
CRESCENT STEEL WORKS,
MILLER, BARB & PARKIN,
0/FICE, No. :39 Liberty 3trett,
rrrTsßuses, PA
MEM
DUQUESNE WORKS.
COLEMAN, RAMA & CO.
Manufacturers of
IRON, NAILS, STEEL,
AXLES AND SPRINGS,
DUQUESNE, L X AND JUNIATA,
.FLAT BAR. ROUND AND SQUARE IRON.
HAND, HOOP SHEET AND T ANIS IRON,
BOILR PLA TES AND HEADS,
GUARD IRON, DRAG and DROPPER BARS,
'FLANGE'S sJUTTER BARS , CYLINDER
Amp FLAT RAIL, for Coal Roads.
Q&OWBARS,WEDGES & HARROW TEETH,
:TILING, PLOW 2,ND CULTIVATOR STEEL.
..yi,LEEL WINGS AND MOULDS cut to pattern.
STEEL TIRES, STEEL SHAFTING, A. B.
TZEL . _
COACH, BUGGY and Pi AGON SPRINGS and
OUT NAILS AND SPIKES.
ill Goods First Class and Warranted.
OFFICES AND WORKS.
ilateenth S and Allegheny River,
and 77 Water Street. Pittsburgh.
-sl9
SHEFFIELD STEEL WORKS.
SINGER, PECK &
PITTSBURGH. PA.
If annLacturera of every description of
TAST AND GERMAN . STEEL,
SPAINOB,
iND PLA E SPRINGS,
LTlat
lisrehtluse, 83 Water and 100 First fits.
E,LACH DIAMOND
STEEL WORKS.
?LRK, BROTHER & CO.,
liEsnufaeturers of 1,11 descriptions 01
goffrilmwair
rad Wsrehouse, THDITIIiTH, THIRTY
s,ad IidtLIWILD STREET%
BRASS FO I NDERS.
•g 2413. T BIER,
HENRY BIER• & CO.,
succissoas TO
SOUR IR. COOPER & CO.,
Bell and Arass Founders.
'MASS CASTINGS
MADE PEOMPTLY TO ORDER.
Makable and Grey Iron Fittings,
GAS PIPE AND TUBING,
THROTTLE, E j &TETT A.ND CHECK VALUE,
eu.,GL9szi pArrnarir/
3:1-10N LUCKS,
Brass Work of every desenaption for
Steam, Water and OIL
MANUFACTURERS OP J. M. COOPER & C 0 ,13
Improved Balance-Wheel Steam Pump.
Agents for Dreyfus' Patent Oil-
era, the beet in- the Market.
Mee and Works, corner Thirteenth ands
treets.
.LT'fool) & fficCANFREY,
Corner,linfrty, street_ and Thirid..!..vanne.
'
BRASS FOUNDERS AND IRON PIPE FITTFRS,
And AGENTS fer A. S. OAMEEON CO'S
STEAM 'PUMPS AND BLOWERS.
/RON SiTORILS;,,
BLIABSBIISEN PROCESS'.
The Tra tees are now prepared to grant licen
ses for th use of the L'LLEJtB4/11176EN P*o7,
The superior' qualitii linparteeto ' iron,-
the great Improvement in inferior iron, and the
reduced cost, commend It to ali manufacturers of
iron. ' \
Parties wishing to use it cWobtain. Menges by
sT)Pliblit to •
JAMES P....,.5.PF0ER:-. IL
Attorney for the Trustees,
ROOM 1 and A, Ang1.144 1 03114414111,9 6,4
Fonith avenue.
Par ties interested are invited to visit the
{ SHOE.NBEPAIEIt WORKS. 'herr! pc:rneess
now in successful. onetattote. ' d 67
EvEßioNoesurrosa
Femiolvam'airon Morks.
.
Warehouse. CActs
ion on - c. A001..444 11.81 r 3111fiT
,:.BEET: opposite bgaseas Souse,
,PpIpTSBUB.OII
NGVELTY:WORKS.
pivostrwmi
..210VEMY WORKS.
rounded A. D. 1833.
ADAms , nlra&lPo.
itaxOsurrlyazns, 07
(;1113TONS STANDARD )PAIRSANS 13 PAT.
ANT(4),LAXORN V I OLIN Pga. ~..L - -,:
Jamul Faced Patent Door Locke and Lstches.
Paint and Coffee kWh
_Ac.
00Pinli .0/_ .PIRST AVENUE 4111,GBANT BT9
xittilbarillo r fr . t/T6 ri
EgGINB3, BOILERS, &o.
HUGH 141 BOLE & CO„
Cor. Point Alley and Duquesne St.,
Engine. Builders, Founders and
Machinists.
ManufactiMe STEAMBOAT ENGINES and STA
TIONARY ENGINES of all sizes.
Speelal *Mention invited to our new STATION
ART OIL WELL ENGINE AND PORTABLE
BOILER, of 15-horsespower. -
CASTINGS, of every kind, made toorder atom .
Foundry, on THIRD STREET, below Market.
RIGS for 011 We ll s, SHAFTING, PULLEYS,
HANGERS, ROUSE and ToBAc e o sozsaws and
IRON Tosacco rzzasze, an wad and made to
order, at the
INDUSTRIAL WORKS,
Fronting:On the Allegheny Myer, near the Point.
/RP All orders prompUy Ailed. TBY U.
F owl , pun
BOILER STILL AND Ifni
WO RIES.
CARROLL & SNYDER,
TUBULAR, DOUBLE-PLITED TUBULAR,
FIRE-BOX AND CYLINDER STEAM BOIL
ERS.
OIL STILLS - AND OIL TANKS,
CHIMNEYS, BREECHING AND ASH PA-NS.
SETTLING PASS, SALT PANS AND CON
DENSERS:
STEAM PIPES, GASOMETERS AND IRON
BRIDGES;
.PRISON DOORS AND COAL SHUTES
Office and Warehouse, corner Second,
Third, Short and Liberty Streets; -.
Alffr
tly Ord
attended
. ralk7:lß9
WH. BARNHILL & CO.,
•
BOILER MAKERS
AND SHEET' IRON 'WORKERS.
Nos. so, so, 114 AND AS PENN ST.
Having secured a large yard and furnished it
with the most approved machinery, we are pre
pared to manufacture every description of WIL
MS in the best manner, and warranted equal to
any made In the country. Chimneys, Breeching,
Fire , Beds, Steam Pipes, Locomotive Boilers,
Condensers, Salt Pans, Tants, Oil Stills, Agita
tors, Settling Pans, Boiler Iron, Bridges, Sugar
Pans, and sole manufacturers of Barnhill 's Pat
ent Boilers. - -
Repairing done on snartest notice. - Wield
MOD Y........DD1MND D. RIMS
JARED M. BHS SH - & SON,
Steam Boilers, Oil Stills, Tanks.
61 Penn Street, Pittsburgh, Pa.
A..BBADILEY dig CO.,
NO. 80 WOOD STREET
Manufacturers of the greatest variety of
Cook, Parlor and Heating Staves,
TO BE POUND.
In our assortment will be found all the LATEST
PATTIIIINS AND ISIPROVAMENTa. and the
reputation of our Stoves la such .that anv one in
Want of a good article shouldpurchase none but
those manufactured by ns, as they will be found
the most durable as well as economical. Would
call particular attention to our new VoLCANO
STOVE. for churches, halls and stores. Over 500
sold in three montas. Intended for with or with
out casing. e ll who have uteri them pronounce
them superior to any other and far cheaper.
Send for Catalogue and Price List. e3O
ORO, INDUS & CO.,
mAinnrAcTuisms or suss vlantrr or
SEffe r l i CONTMlSir
BOSTON COOKING RANGE,
."THE FIERY FURNACE"
9 ,
IlOn WASJUSG
THE NEW ANTI-DUST COOKING STOVE,
.•SEOULATOR. ,I COLUMBIA COOK STOVE.
LtriE CTOre'll LAM, PORTABLE
F LECTOR,. ORATES ,_free from dirt and and d
QRATE 711014T0. NEUID.ILBS, Ae.
206 and 205 Liberty Street,'
5e25:717 PITTSBURGH, PA.
1
PITISBEIBOH.
OIJzTA.VCSBASCH
(Willi. TE3 Pont?,)
PITTSBURGH, PA.
MANITZACTIVELERB 07
PITTSBURGH, Pa.
.ILLNITFACTOILIBB 0?
SHEET IRON WORK, &O.
STOVES, CASTINGS, &o.
COOK STOVES.
CET THE BEST.
111.18SEL.I. * CO !11
TRIUMPH, •
BIT DMIIVO VS 004 L.
Minuted to Cook, Bake or. Boast is
cell in any other . Store in the Union.
BISSELL & 00.,
No. 285 Liberty Street.
anatr i tyipuol,
0 o e . fr o ra i 'm cans,
LUMBER.
- rito BEILDEIIB
-"" 100.000 feet Dry Pine Boards.
160,000 feet 15f inch Clear Plank;
915,000 feet 10i*Inch Common Plank;
515,000 feet Dry 1 and S inch Oak:
515,000 ft. ,V 3, 14,S andS inch Poplar:
- 10,000 feet plat Scantlings
ellownwe Boards; '"-- 100,000 feet Hemlock Scantling.
103.000 feet No. 1 18 inch begins* Shin
-100,000 No. 115-inch Shingles, sawed;
50,000 No. 116-114,1116.ttalei ? .kbaveB;
60,000 Fire firkin . •
1,000 Fire Tile.
100 TnsFire
• Also, Saw M i ll Lumber, - Meuse , and` Cledar
Posts, and all articles in tke line on hand and for
r o e by ALRIANDIat. PSTTRRISON, Yards—
. 151 Rebecca streetista earner or Yreble and
re
streets, Sixth ward; Allegheay, late bor
ough of Manchester, „„ , 1 • ap:l3
IILASS. CIUNA„OVLEIRY.
100 WOOD STREET.
*kw GOODS.
••••-r. •
FINE VASES,,'N ,
soszaiis ' AND •0111 INA.
NR.W 13 DINAR BESS . , • M
TEA ISETB,
GMT CUPS, 0
ISIOXIIIES ITEM
A large stock of
SILITA rLITED UOODS oo t2l
it an desCriptious.
la*
W
P~
W.
4 , Ind. Alumina. ow gooes...ead:, we
~4 . k1 1. 9 1 11414 1 e Want % 11 4 1 4 1•1 01 ted.
R,. E. BREED & 00.0
A von
STBEIN.
Prrrsitu - RGH- GAZETTE: THURSDAY, SEPTEMBER 30, 1869.
FOIMINEU3, MACHINISTS.
W. J ANDERSON, ..... . FREYVOGLE.
lIIONONGIRELI FOUNDRY,
W. J. ANDERSON & CO.,
Idannftcturers of IRON HOUSE FRONTS,
WINDOW .LINTELS and SILLS, and
Cistings of all Descriptions.
Sr' Special attention - pitd to AR.CHITECTU
RAL CAbTINGS -and to Castings for Window
Glass Rousts.
OFFICE A ND FOUNDRY—No. 150 WATER
STREET, Pittsburgh. Pa.
KNAP FORT. PITT
FOUNDRY COMPANY.
OFFICE AND WORKS,
TWELFTH STREET,
PITTSBURGH, PA.
rarEngines, Rolling Mill Ma
chinery, Nail Machines, Re
torts, and Castings generally.
NATIONAL FOUNDRY
AND PIPE WORKS.
Varner-Carroll and Smallmau Streets,
WARD,)
PITTSI3I7II.OI - 1, PA.
WILLIAM SMITH,
Manufacturer of •
OAST IRON BOWL PIPE
FOB NM AND WATER WORSZ.
My Flues are all cast invariablyin Pits. in dry
sand. and 110 feet lengths. Also, full asaartanent
Of general
Castings i'or Bas and Water Works.
:? lsoc t lt. iiien of guDsrintead•
eats o e o f BSTOBTJ.
DUQUESNE FORGE.
WILLIAM MILLER,
(Sncoessor to JOS. P. it&mig & c 0.,)
Has facilities co-exiensive with the leading
Forges In the East, and is prepared to promptly
and satisfactorily till all orders for STEAMBOAT
SHAFTS, CRANKS, PISTON ROD-‘, LAVERS,
PITMAN .lAMS. WRISTS, RAILROAD AXLES,
LOCOMOTIVE FRAMES, together with every
description of SHAPE WORK. Office and Forge,
Corner of Duquesne Way and First Street,
apl4:h4o
R08Di903.11, SEA. be CO.,
. Buccessors to BOildseort, KIM • MILLEBB.
WASHINGTON WOR/IS,
FOUNDERS AND NACNINISTS,PITTSBURSH,
Mannfactnrers of Boat and litationar7 Steam En
gin:ll4l2BlT fingl" ngs oe.,
Fair d i e PPM e r eT t li e l T r =
and Stills , littler and sheet Rork.
(Mice, a llo. la, corner lint and dmithfield
Streets. -
Agents for G1F1A3.1315 PATENT INJECTOR
for feeding Boilers. jall:rs2
THOMAS CA RLIN & co.,
Fourth Ward Foundry and Radio Works,
BLI4DUBICY BT., ALLIMHENY CITY, TA.,
'Manufacturers of Stationary and Portable Steam
;Engines, Vll Yresses, etiaeys, Shafting, Grist
and Saw Mill Work, Rolling Mill and 31 achine
Castings, Orate Bars, Weights, Wagon Boxes,
ac. Build to order and have on liszteßrurlnes of
all sizes. invl4:qs
DIAMOND OIL WORKS,
M. LONG & CO.,
Once, DLLZELL BUILDING,
feD Duquesne Way, Pittsburgh. Pa.
ARD%) AND KING,
Commission Merchants and Brokers 11
Petrolona and its Products,
DALZELL'S BLOCK, DUQUESNE WAY,
PIETLAIALISIA. ADDSZSB,
Ream 17, Chamber of Commerce,
133 SOUTH 13ECOND BTREZT.
spla
trick suormati,
COMMISSION MERCHANTS,
AND DEALERS IN
Petroleum and its Products,
Pittsburgh Oillee—bALZELL,l3 BUILDING.
corner of Duquesne Way and Irwin street..
Philadelpida 02lice- 11 IT WALNUT BT.
Sp1:100
ECLIPSE PETROLEUM REFINERY.
HERBERT W. C. 'MEDDLE. 's
MANUFACTURER OF
Labridating & High Test Burning Oils:
•
*ellipse Mae 9114
• Stands great heat without change; remains
limpid at lewest temperatures. Special Oil far
tropical climates or hot weather.
Locomotives, Engine, Machine Shop, ,
Wheat Screws.
Saw Mill and Planing MU Oils,
Adapted for high speed.
s lodge : Oil, Wank lileadslAglii 011•
Oil, Tanners , Eitnir-EBensitle,
big* Finishing Oil,l easel Ines
,IPSirealities•
Linton vißarrim to• preserve' Drlatit Iron
Work and Machinery from isust.
,These products are manuActured under Dr.
Tweddle'satent brfluperheated•Stesia in Vac
Cuo. 3. he Lubricating Oil are almost odorless,
perfectly p ore. uniform, and mostly light col
ored, stand a high
to
unchanged, and
remain limpid during extreme cold. The Bauroad
Oils are, unequalled, and are in COAStant 1 1. 6 oa
Many or the principal Railroads. Marie' can
be examined and orders left at 11'4. WOOD
STREET, Works at sharpsenrs Bridge.
WEST COMMON -; -
. _
A 1.1140010;1104Vorikii )
Northwest corner of West Ocrmmon, Amami.
, -11,11,111WKATVATEM1 1 -: CO..' .
gave on hand or p_repare on a bort notice Hearth
u.d Stop litoneo,lrliapp gorndostakiiii, arrow
Vizats, sc. Head aid - Taub dt nal, as.
(4115gErrKif•2444.4r 114,3*1.4
_
OILS.
STON/L
FINANCIAL.
AMERICAN BANK.
NO: 80 FOURTH AVENUE,
PITTSBURGH.
CASH CAPITAL 3200.000
Stockholders Individually Liable.
DANK OF DISCOUNT AND DEPOSIT.
JOHN FLOYD WM. FLOYD,
President. Cashier.
DIRECTORS.
Thos. M. Marshall, John M. MI
Wm. T. Shannon, Archibald 'V
James W. Arrott, Jas. Floyd
Chas. B. Leech, Wm.
John Floyd,
This Bank is now hilly organized an
to do a general Banking business.
jelok43
CITY BAN 1 .
112 Fifth street, Pfttsbn
CAPITAL, 9100,000.
STOCKHOLDERS INDIVIDUALLY
INTFREST PAID ON DEP
FOREIGN EXCHANGE
Bought and sold. and when desired t
Europe. Collections made on all 11
points of the United Btates and Canal
DOMINICK lIIMSEN, PreWet
JAMES MCCABE, Vice Presid ,
W. .N. MORGAN'. Cashier.
DIBICTOBS.
D. Ihmsen. James McCabe,
Thomas Bourke, Hugh Keating.
J. Dunlery. Jr., Terence Campbell,
Patrick Kane, . James Phelan,
Chas. B. Barr, fl.A.Frevvogle,
ano.Joa.Hermann, Thomas. 'Barnes,
'jei:li 5 JOS. M. GA ZZAM, Solicitor.
THE
SAFE DEPOSIT COMPANY
Of Pittsburgh.
Incorporated by the Legislature of Pennsylva
nia, January S4l, 1567. For the safekeeping
of Bonds and other Securities, Gold and Silver.
Silver Plate, Books. Records. Diamonds and
Valuables of all descriptions, under guarantee,
and for tnc renting of Safes in Its burglar-proof
vaults. Building and whet:
..4"o. S 3 FOURTH .11PE.VUE,
PITTSBURGH, PA.
PRESIDENT—WILLIAM PHILLIPS.
VICE PRESIDENT—HENRY LLOYD.
DIRECTORS:
WM. PHILLIPS. ;JAMES I. BENNETT,
Hi. NRY LLOYD, BYRON H. PAINTER,
WILLIAM REA, JO5. S. .MOIthISON.
WILLIAM
M.
LYON.
GEORGE BLACK,-
BLACK,
.14TIS O.
SECRETARY AND TREASURr:
s. F. VON BONNHORS
auZ:n67
N. HOLIES & SONS,
33.861V117.3MEL5E1,
57 Market Street,
rrr -rS BUI GIL Qs.
Collections sonde on all the principal points of
Ms United States and Canada*.
Stocks,Bonds and other Securities
BOUGHT AND SOLD ON COMMD3BIO?.i.
Particular attention paid to the purchase and
sale of
United States Securities.
HART, CAUGREW A, co.,
BANKERS AND BROKERS,
corner Third and Wood Mires,
Pr1T5.1131713,(11.
tIIOCCE33OII3 TO HA.NNA., HST • CO")
Dzazius 111
Exchange, Coin, Coupons,
And parUeniu . attention
paid to the Puntsle
and ale ots
GOVERNMENT BONDS.'
Bight Drafts on London.
Myl:setA
PACIFIC ItAILWAY GOLD LOA
Messrs, DABNEY, MORGAN. & CO., 5
Eichange Place, and M L JESEP & CO.,
2 Pine Street, N. Y., offer fo
Bonds of the Kansas Pacific
These Bonds pay seven per cent
have thirty years to run; are
Government Taxation; are seen
Land Grant of Thne Million Acres of the
Finest Lands in Kansas and Colorado,
In addition to this special grant the Com-
pany also owns Three Millions of Acres
in fianstis, which are being rapidly sold to
develop the country and improve the road.
They area first mortgage upon the extension
of the road from Sheridan, Katmai,: to
Denver, Colorado, The road in operation,
417 miles long, upon which it is also a wort-
gftge, NOW EARNS MORE THAN ENOUGH
NET INCUR TO PAY THE INTEREST
ON THE NEW LOAN, There is.no better
security in
,tits
,market-7tbis being in.
some respects better than Government Se
arnica. PRINCIPAL
. AND INTEREST
PLIABLE IN Golll.lrt 96, and acorn
ed_lnteitallio Ca,rtengy. amphlets, laps,
and Clrtalnra iamlrhed on applicatioL
Livuoi
, t . • e' '• •
.1 - .
FINANCIAL.
GrC3,l-,71=1,
SILVER AND COUPONS
Bought at Highest Priccs.
PH. R. MERTZ, Banker
Cor. Wood and Fifth Street&
my 6
JAMES, T BRADI & SO.„
(summon 08. JONES r C 0..)
•
Coiner Fourth and Wood Sta.,.
3E31 ..421t. MC 30 3R. IS 9
BUY AND BELL ALL EINDB OF
I
GOVERNMENT SECURITIES,
SOLD, SILVER AND COUPONS,
ON MOST FAVORABLE TERMS.
lir Interest Allowed on Deposits.
W Money loaned on Government Bonds at
loweat market rate,.
Orders exeepted for the Parehase
and Sale of STOCKS, BONDS and
I GOLD,
TAMES T. BRADT de CO.
rtland,
adace,
1. prepared
_h, Pa.
LIABLE,
rTII
I emitted to
e principal
(It Ilitt,slutrAVeta.,i.fttt4
FINANCE AND TRADE,
Orvion or PITTSBURGH GAZETTE,
WEDNESDAY, Sept. 29, 1869. 4
The enormous business done in gold
last Friday is still unsettled, and it may
take another day before a complete set
tlement can be had, meanwhile matters
became more complicated by the heavy
decline in stocks and bonds, deliveriesi
can not be promptly effected on account
of the large balances locked up in the
gold clearings. To-morrow it is ex
pected regular calls will be made at the
different boards, and business will take
its usual course. For gold, it is almost
certain that lower quotations will ensue
from the inability of the bull clique
to raise margins enough to carry gold
up. Just as soon as the timid bears,
who escaped the last panic in gold, have
covered their contracts, and the pressing
remittances have been made, the de
tnand for gold in a legitimate way will
cease, and the course of speculation will
naturally tend towards lower quota
tions, assisted by the arrival of gold
frotu Europe, the Government sales
and the anticipation of the- Noveinber
interest. By glancing over the stock
list it is selfevldent that the same clique
who carried gold up, (or rather carried
their oponents,) were also the principal
supporters of the stock market, for cer
tain special stocks. The same old
clique that managed Erie, North West,
Ohio and Mississippi, Reading and
Michigan Southern, were the movers in'
gold, and although successful in the
latter their profits were lost again, and
more in addition on their favorite stocks,
in which they were unable to carry any
longer when the banks asked for more
, margins.
Government bonds have maintained a
fair price yet, but do not seem to have
reached the lowest point. Investors are
holding off, and from the Interior, few
orders to sell could be effected. Any
further weakening of the price must de
press their value in large proportions,
as they will soon be manipulated by
large dealers in order to get stocks at as
low figures as possible; it should also
not be overlooked that the panic so far
has not affected the money market
the interior, except in Chicago, where
grain speculation has undergone a
similar course as gold and stocks in New
York. A lower standard of all values
is likely to follow this great decline in
stocks, and the trade of the Country
will then be in a healthier condition.
Money comparatively easy in our
local inarketa,'-...buts banks do not • dis
count except for their customers. •
Quotations as teemed by Pb.-
Mertz: Gold, 131%; Silver, 126; Eighty-
One's, 118; Five Twenties, 1862, 119;
do 1884, 118%; do '1865, 118; do 1865,
Consols, 116%; do
.1867, 110%; do 1868,
116%; Ten Forties, 107%; New York
Central, 147; Erie, 12935; Reading, 91%;
Pittsburgh. Fort , Wayne . Chicago
Railroad, 79%; Ohio & Misissippl, 126%;
Michigan Southern, 79; °low
land & Pittsburgh, 85; Chicago &
Rock Island, 104; Chicago &. North
Western, 65; Chicago & Noith Western
Preferred, 79%; Adams Express Com
pany, 47; Merchants Union Express,
—; Pacific Mail, —; Western Union
Telegraph Company, 11431,; American Ex
press Company 29%.
EXCHANGE, \ Large. Small.
London, per £ $6,50 $6,70
Paris. per franc 26% 28
Berlin, thaier 98% 98
Frankfort, florins 5635 58%
—Closing qUotatinne"received by James
T. Brady & . Co. Gold: 131; Ignited
States Sixes,' 1881, .118%; FiveThenties;
1862, 119%;:d0.1864. 11 8 M 40. - .1865 '11.8%;
Ten-Forties, 107%; Five-Twenties,\Janu
ary and July, 1865, 116%: do. do. 1867,
116%; do. do. 1868. /16%; Due Com
pounds, --; Union Pacific Railroad,
88; Central do, do, 99; Cy. Pacific,
106%; ;;take Superiors, -9E).
[By Tetegrapti to the Pittsburgh Gazette.l
NEW Yong, September, 29, 1869.
Stormy debates,in the Gold. Room al,
ternate' with a' remarkable liepression '
and buoyancy.- In the Stock Examine,
'stock failures,' recelVerships and injunc
tions forma group of exents which make
the day withoutan equal in the annals.
of Wall street:: . At the early session of
the Gold Board, the following was .pre- •
seated as a statement of the New York
Gold Exchange Rank: -
of ilte Gobi Board- Aia
Official of the Bank went: into the ,Gord .
Robin on the niOrningolFridaY, the 24th
instant, Md . titithielted'4o * 's let" that
It.rould be ixopoisalble•Wolearthe trays.,
actions of that day on account of,an
temkted,ownF,.. but •on consultatiottit
sale the
Railway.
in G9ld ;
fee from
ed by a
was decided that it was the duty of the
bank to make the attempt, even at some
sacrifice. The bank assumed tha clear
ing movement in the usual manner and
received in payment of balance a very
large amount of gold and currency. It .•
was necessary to restore a large portion
of those amounts to the dealers ' or wide
spread disaster would have followed.
To do this tne bank was forced
to depart from the rule of receiving all
balances before paying any', and went
on paying dealers a portion of the bal
ance on their statements and reserving a
safe margin, where practicable, and
trusting to the dealers to make good
any over payment on their final settle
ments. This was the course plersued
on Friday and Satuiday. On Saturday -
a Committee was appointed at an infor
mal meeting of the dealers to conferwith
the directors, who went into an investiga
tion extending through Saturday and
Sunday, on the plan to declare nine deal.
era rejected from the clearing, and as
sume the rest as good, the only basis of
settlement they deemed practicable.
The bank acted on this in paying dealers
on Monaay. The emergency of the set
tlement with the Clearing House of the
banks on Monday and Tuesday, was pass
ed by transferring to the Committee of
the. Clearing House a sufficient amount to I I
secure the balance due the bank. The ! I
bank has now in its control, !after settle
ment with the Clearing House Bank, not
far from the amout of its capital and
surplus with which to liquidate the deal
er's statements, as soon as can be ascer
tained what is due from the bank to the
dealers and from the dealers to the bank.
It is the expectation that these results
can be approximated to , clay,and from all
the evidence now accessible we believe
the bank to be solvent and able to pay all
its debts. No complications exist at
present, except in our dealers' state
ments. The Bank has not tailed or sus
pended; it has paid all its obligations as
stated. It paid 'Mondays obligations at
the Clearing House in gold at par, and
on Tuesday in one million in gold and
say $1,300,000 in securities.
[Signed] .H.'H. BENEDICT,
September 28, 1869. President.
The Committee of twenty appointed by
the Gold Exchange worked steadily on
the statements of dealers since 4P. M.
yesterday, and at 1 P. al. only two state- ,
meats remained to be received, those of i .
Smith, Gould & Martin . and Ktiicker- '
backer & Co. The net result so far \ as2,„=,
certained is that the dealers' are sli
with gold, but the Exchange Clearing
House have $10,000,060 of gold which
Smith, Gould & Martin are . offering to
sell them at 135. There appears no doubt
but that the Committee will succeed in
effecting the clearing on Friday's busi
ness, the settlement being made on a
basis determined upon yesterday. The
difference between 135 and the actual
price will remain to be adjusted
between the dealers themselves. At 3:45
the Committee of twenty reported to tae'
Gold Room,in executive session,that they
had referied the making up of a state
ment from the tickets of Smith, Gould &
Martin to prominent accountants, and
requested to be relieved from further
duty. The report was• accepted and it
was agreed that the transactions of Fri
day be settled. The Ex-Clearing House
and Board then adjourned till to-morrow.
The President of the Gold Room has
been served with an injunction, granted
on the application of Smith Gould, Mar
tin ..ii'Co., restraining him from selling
gold on their account. According to
rule, the following results ion was passed
by the New York Exchange: Resolved,
That the members of the N. Y. Stock •
Exchange. deal in gold in long room
a
Ile' such a time as the Governing Com
mittee can effect a plan for establishing
a Gold Room under the direction of this '
Association. The Stock Exchange. later
in the day, passed a resolution to deal in
gold is the Hall as of old, at open board
of stock brokers; dealings to: begin to
morrow at 10 o'clock. • .
A meeting of a joint committee repre
senting the New York City Bank, Clear- _
nag House and Now York Gold Exchange
Bank, was held in the parlor of the Clear- .
ing House. At this meeting the Gold
Exchange Bank, which made no clear
ings to.. •_ , proposed to the Clearing
House c.. mittee that the other batiks
should '. dvance 20 per cent. on the
$2,500, ii ) gold paid by the pold Ex
change Bank yesterday• and the day
before in the settlement of their
indebtedness at the Clearing House
which would enable them and the Gold
Exchange Bank to pay their entire in
debtedness. The effect of this would be
to release the other securities held by
the Committee and give the. Gold Ex
change Bank about $300,000 in currency.
Several banks had agreed to furnish the
means to carry out this proposition, when
it was learned that the bank had been
put into the hands of a receiver, conse
quently the negotiations were stopped.
The injunction was granted by Judge Car
doso. on the application of a person
claiming to be a creditor of the bank.
The application for a permanent Re
ceiver is returnable next Monday.
Meantime Augustus 'Brown, of the law
firm of Brown,Hall & Vanderpool, has
been appointd temporary Receiver.
The associated banks agreed, in response
to the application of the Committee of
twenty, to keep opeh to certify checks, •
&c., until four o'clock this afternoon,
and, if necessary, until sixo'clock at the
Stock Exchange.
The failures of Charles A. Meigs & Co.,
Julian & Co. and of Fulton,`Treat * Cox
were reported; stocks wore sold Out for
them under the rules. - The latter firms
are paying differences, but were unable
to take the stocks they purehased yes
terday. It is believed that both susnen
alone will prove but temporary. The ,
name of Lockwood & Co. was used free- •
ly on the street in the afternoon as hav
ing failed, and it was finally stated -
that they made an assignment of
their affairs to Capt. John R; Acker.
This house has for years been one of the
wealthiest in the street and one of the
most influential. Their exact position on
the market is not known, although they
were credited with holding large athounts
of Pacific Mail, Michigan Southern,
North Western and St. Paul. Oit the
other hand it is, said they have:, been
short of New York Central for the past.
twelve
twelve monthe. \
. ,
Money market very unseed and ir
regular most of the day, h transao- .
tions at 7 per cent. gold, with 3 to 1 per
cent. per day' for turning low priced
stocks. and 130g4 per, cent; for carrying
New York Central until to-morrow. In.
the afternoOnlhere was a decided let up
in money, and the rate 17 call loans
finally fell to' 7 per ce , Discount
operations were out of the question en- .
tirely. Sterling nominal at 8@834. The .
street price for Gold eves 130@132. The ,
range at the National Exchange was
130t.‹. up to 133, and down to 131, cicreing
at 131%,,
r_ ..
`Mvertialiiiiinieiii - iiiict lOwir. The
Assistant Treasurer accepted bids of 0,-
000,000 at 115@l161.4: total, offers were
$8,664,050. The closing' rates Were as
follows: Coupons' of 1881. 118@l18IA do." -
'62. - 119(119%; do 64; 118®118t‘; do. 65;
118@l18 1 4: dot. new 116,0)116X; do. i 37, '.
11634 116%; do: SIS.,. 116%@,116%. 10-40 a,
107% ®108; Pacifies 6y1(030:- - _
State bends lower and_negleetaci;_las,—.
got* 4 .;,V 910 TeWlessecir 574 'new4:lo:i
-60%; ofd irglntas, .43; , negv d 4 •50; OIL
North Carolinas, 46;4new dit 'l3Ol - - ' t
7be4ealinstsg*** 4l oo l o* ) *lt im.";
menu; to-day- triarketever7yregitlar and.".
Voittizated . aiiiidlit tige.l,, , .
I' '