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TELEGRAPH [SPECIAL DISPATCHES TO THE GAZETTE.] Financial Affairs FROM LONDON. LONDON, Sept. At12:15 p. m. the Bank England directors posted their card anounce of ing that the expected change in the rate of dull discount had not been made, which causes ness in American securities. Two hundred and twenty-five thousand pounds in bullion were shipped from Plymouth for New York on Saturday, in the steamship Silesia. The steamship America, which sailed from Southampton on the same day for New York took out 16,000 pounds. Engagements have been made for the shipment of 50,000 pounds by the steamship Donan, which sails from Southampton to-morrow. It is said 500, 000 pounds are booked for shipmeht this week. The failure of three brokers in consequence of the fall in the price of Erie railway shares, has been announced on the Stock Exchange. LONDON, Sept. 29, 1:45 .-The rate of discount for the Bank of England has been fixed at 5 per cent at a meeting of the directors to-day. LONDON, Sept. 29, 2 P. r.-The announce at 1:45 p. m. of the increase in the rate of ment discount in the Bank of England causes much surprise in financial circles. LONDON. Sept. 29, 3:30 P. L.-The amount of bullion withdrawn from the Bank of Eog land on balacce to-day is 638,000 pounds. LONDON, Sept. 29, 3:45 P. M.-The rate of discount in open market for three months.bills is 5 per cent. which is the same as the ank of England rate. LONDON, Sept. 29, 4 P. -The demand for discount at the Bank of England to-day, as a well as in open market, has been heavy at rate of 5 per cent. One hundred and twenty-four thousand pounds of 638,000 pounds drawn from the Bank of Eogland on balance to-day, is for shipment to America; the balance goes to Germany. LONDON, Sept. 29. -4:15 p. m.-The rate for money at the Stock Exchange on govern ment securities is 3 per cent. FROM NEW YORK. NEW YORK, Sept. 9.-The disturbed state for of the money market has made it necessary firms in this city to discharge many hands, and to give the four days work a week. of some three their large or others altogether. One large only manufacturing firm has closed up NEW YORK, Sept. -Gold opened at 1131 now 1123 Jay Gould said yesterday "I think the an is over. I have every faith now in advance panic in prices and believe that the market than for a long time past. has been cleared out of a great worthless stocks and will pack Wall be of street more buoyant so-called the panic, securi- and the process few stocks are now of real value. In all cases comparatively ties by those purging of quoted the dividend prices except too low, and in that of good stocks a large advance is to to their actual are bring paying now them worth. market necessary The reasons will are that the money become as soon as the is to the very large of opened, for an advance easy, owing Stock quantities Exchange by greenbacks which have been disbursed that the government in its late bond purchases immense amount of capital has been put in- in an to circulation by the action of the banks disClearing House certificates which issuing place 2 corresponding quantity of currency; that England, in sending over millions of gold,wh will come into active use immediately on arrival; and that speculation has had such a long it sleep that it will be all the more lively when wakes up again. NEW YORK, Sept. 29-noon.-Affairs are becoming more settled on the street. The stock market is a little better, with con siderable doing. The street quotations are Union Pacific, 19a21; Central, 89a90; Pacific and Mail. 31a32; North Western, 41 bid; Ohio Mississippi, 281a30; Western Union, 63 asked; Harlem, The Governing 106 bid. Committee of the Stock Ex held another meeting this a. m. the to change for the opening of to-morrow. The committee m. and referred the until board make 1.30 arrangements p. regulations adjourned sub-comrespecting business to-morrow to a after mittee, with instructions to report this nool PHILADELPHIA. PHILADELPHIA, Sept. .-Benj. Bullocks this extensive wool dealers, suspended for a large sum, but have was all obligations. Their to the failure of the morning caused Sons, pay by Glenham suspension ample Manufac- assets them of New York, owe Joseph Bullock, one is a director of the about turing members, $600,000. Company, Corn who Exchange of the Bank, but they owe institution which is covered for that amount. This affair only National twice $45,000, that with has collaterals caused no unusual excitement, and in business circles generally there is a confident tone. FROM ST. LOUIS. ST. LOUIS, Sept. o.-The express lines much cenhere are bringing to the city a tering amount of currency than they are taking The banking house of Curry & City, and two at away. larger Jefferson Chillicothe, regarded Kerby, susat pended on Saturday. They are all The as solvent, and no losses will be sustained. banks in other parts of the State still hold out as far as is known. FROM READING, PA. READING, PA., Sept. -Business is proquietly. The banks are promptly meeting gressing all demands. Father Boneman, at St. Paul's Catholic Church, announced that its if his hearers had money in bank and doubted safety, he would guarantee its payment. UNIVERSITY OF VIRGINIA. CHARLOTTESVILLE, Va., Sept. 29.-In conof the money crisis in the cities, the sequence University of Virginia has made arrangements emfor credits to all the students temporarily barrassed by the same. Illicit Distillery Seized. YORK, Sept. 29.-On Saturday last distillery NEW in successful operation by a convict Short was discovered in the quarry at Sing Sing. The was grounds named John mash apples, a com- potaof bread, corn, tomatoes, toes and carrots. pound The keeper of the still had
