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Show The k iminciul Ora-nli. New York. 22. At the Gold Exchange. Ex-change. i':,is morning, the following wits promulgated: Tiiere will be no pubhc transaetions allowctl on gtld, t -tlay. under penalty of expulsion. The prices will be quotil at $1.12 on deal, ail loar.s to Iv cle-uetl at that price ami hear 7 per cent, currency. The fo;owing is post.-vl on the doors oftheCnion Tnisi Co.: A receiver has ht.,.n hpoimevl for this Co. A statement will shortly be made known. litpiiiors are cautionetl against .-.w rii'Kung their claims. The events of i.i-dav in financial ami business circles have been important, although not so exciting :w those of 'the dosing days of hist week. The plan adopted by government to relieve the situation worked slow, but satisfactory so far. Tho bond purchase to-dav has figured up to $:Va),ooo, and the Assistant j Treasurer is ready to receive all that ! may be oUi-rcd him to-morrow. Capit- a lists who have withheld their bonds are now freely ottering them. Besides j this amount the banks have all day been exchanging their clearing house 1 certificates for legal tenders, and in ! this way about $7,000,000 has bccn paid out, thus giving the banks nearly $10,000,000 legal tenders more than they had on Saturday. At the opening open-ing of the Gold Exchange this a.m. the tloor, lobbies and gallery were filled with a dens1 crowd. The President announced that it had been proposed to close the Exchangcuntil the Clearing Clear-ing House could effect the clearance of accumulated businc.-s. It was also explained that this could not be done unless dealers gave their consent to have all checks certified by the Metropolitan Metro-politan National Bank instead of the usual way. This was acceded to. The President then announced that all transactions in gold would be suspended sus-pended until the further action of the Gold Exchange, and that any members mem-bers violating the orders shall bo expelled. ex-pelled. The gold fl!Km, however, was left open during the day, for the convenience con-venience of members to interchange opinions, etc. A notice was posted on the door of the Stock Exchange, stating that ihe Exchange would "be closed till further orders. Notwithstanding Notwith-standing the suspension of business, Wall and Broad streets were in almost as crowded a condition as ever in the early part of morning, but towards the afternoon quieter. All banks were open, and the day commenced with an improved feeling in business circles. The feeling among banking firms was also improved. im-proved. During the day there was , a continual rush at the Sub-Treasury j of sellers of o-20's and of holders of other government securities. The names ol the sellers were kept private by order of General Hillliouse. There were a few transactions in Wall street. Money was not quoted. Gold was nominally placed at 1.12. Bids for slocks among outsiders were all in cash, and there were only a few sales of lots of 100 shares and over among Wall street banks. Allairs arc settling settl-ing down to a more quiet condition. A committee has been appointed to investigate the affairs of the U. Trust Co., and it has been at work nil day. I lis said that Carleton, the alecond-mg alecond-mg Secretary, is under the surveillance surveil-lance of certain parties, who have offered of-fered to deliver him to the authorities on receiving money for the trouble. He will be arrested, probably, tomorrow, to-morrow, and his statement is looked for with interest" Rev. Dr. Carleton, the defaulter's father, is called on to redeem $2,000,000 of securities which have been loaned to him. It was ascertained as-certained that his son abstracted the securities. The appointment of Isaac H. Daley as receiver of the Bank of the Commonwealth Com-monwealth was announced this p. m. The allairs of the bank will be put in shape at once, so that the deposits will be paid. It is thought that when the a fiaire of the Trust company are straightened out, those of Jay Cooke & Co. and Fisk & Hatch, they will show a strange record of railroad expansion. ex-pansion. Jay Cooke & Co. have published pub-lished a statement. |
