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Jay Gould's Opinion. Somebody writes a:letter for Mr. Grant. The Suffering at Shreveport from Yellow Fever. A Call for Aid. A Panic in Texas in regard to Yellow Fever. al CHICAGO, Sept. 29 Business seems most to have resumed its regular channel l'he Cook County, the Union National and Bank of Commerce, resumed payments to-day. without any run The Union reports the receipts of one deposit of $54. 000. while the Cook County has been the recipient of like confidence on the part of the public. The Third will not open today.its collections being made by the Commercial National The streets are bustling with business and large crowds are in at tendance on the Exhibition. The Deputy Comptroller of the Currency is looking into the financial situation here. With a little forbearance on the part of large depositors, the panic here will end to-day The feeling continues to improve and the market exhibits more activity. particularly in the way of settlement. The open ing of banks tends to restore confidence. while the liberal arrivals of currency for investment assists in strengthening the markets. Four millions in greenbacks have been received by express within forty eight hours ST. PAUL, Sept. 29 The St Paul banks respond to all demands in currency and ng have no thought of doing otherwise. There is no excitement or alarm here. CINCINNATI Sept. -There has been a well-defined improveme here to -day in the feeling with reference to the financial disturbances of the country The deposits tie of currency in number of the banks have ex been quite equal to the demand upon them for currency is ST. LOUIS, Sept. 29. The financial sit ale in uation has been very quiet to day and much more confident feeling is being manin ifested PITTSBURG, Sept. 29 The financial out use look in Pittsburg is brighter to-day than it has been any time during the recent panic ons Confidence seems fully estored and busithe ness is being transacted as usual wool Benj. Bullock & Son. extensive cry dealers, suspended this morning for large and sum. but they have ample assets to pay all eles their obligations. nat W ASHINGTON. Sept. 29 The Farmers us and Merchants National Bank of George town. First National Bank of the Repub Sa lic, the Bank of W Washington.and the bank for ing houses of Riggs & Co. and Middleton ver & Co., are paying all demands upon them any as usual. Other banks and banking houses in combination formed last night to certirust fv checks instead of paying currency, will as not pay the smallest check to-day. nth to NEW Y ORK, Sept. 29. All advices ace. day touching the financial situation at home it and abroad, are of reassuring character The reopening of the Stock Exchange to ON. morrow is an event attended with much so apprehension than has heretofore been the omcase, owing to many private settlements ible and to the manifest disposition towards for ttle, bearance and generous dealing between the man and man proTORONTO, Sept. 29.-The Government has ordered half a million sterling in gold ene from England It has also received in the formation that million sterling has been a shipped for New York and considerable sums for Canadian banks The feeling able England is confident and hopeful. LONDON, Sept. 29. Two hundred an with twenty five thousand pounds sterling bullion were shipped from Plymouth fo New York, Saturday, and the steamship then which sailed from Southampton the same day, took out £16,000. Engagement have been made for the shipment of $50 88. 000 by the steamship from Southampton to-morrow It is said £500. .000 are booked for ship titu ment this week. The amount of bullio withdrawn from the Bank of Fngland balance to-day is £638.000. The director ling of the Bank of England have fixed th e of minimum rate of discount at 5 per cent This announced increase in rate cause onic much surprise in financial circles. Bit The failure of three brokers in cons def quence of the fall in Erie shares has bee the announced ility NEW YORK Sept. 29 Jay Gould. bein us of asked for his views concerning the finar the cial situation, gave them as follows genthink the panic over. I have every fait Kunnow in an advance in prices, and believ rk of the market will be more buoyant than f thers uable a long time W all street has been clear out of great part of the worthless stoc vol and o-called securities by the purgir process of the panic, and there are cor Drug paratively few stocks now quoted exce Rock those of real value. In all cases pric John are now too low. and in that of good di dend paying stocks very large advance necessary to bring them up to their act worth. The reasons for an advance XIST that the money market will become ea as soon as the Stock Exchange is opene The owing to the very large quantities of by A backs which have been disbursed by government in its late bond purchase GE that an immense amount of capital h been put into circulation by the action the banks in issuing clearing house cert cates which displace corresponding qua tity of currency that England is send over millions of gold, which will come Rock active use immediately on arrival day that speculation has had such long sle dent, that will be all the more lively when wakes up again. The following letter from Presid Grant appeared yesterday EXECUTIVE MANSION, Sept. 28, 1873 Measrs. H. B. Claftin and L. Antho le GENTLEMEN In response to the vie you have communicated as to the using NED the President the currency to restore e buse.) fidence and legitimate trade and merce, have the honor to communic ices will the following The government is desir OWN. of doing all in its power to relieve dtf present unsettled condition of busin affairs, which is holding back the imme resources of the country now await transportation to the seabo bard and man Confidence on the part of the people is 0., first thing needed to relieve this condit and avert the threatened destruction business, with the accompanying disas to all classes of people. To estab this feeling the government is willing take all legal measures at its comma but evident that no urgent efforts
