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been closed on Friday, many who had gone down during the day might have been saved. BROWN. WADSWORTH & CO. firm of Brown. Wadsworth & Co. have been doing business at No. 22 Nassau-st. for about years. A member of the house stated that they The had two They suspended could because they were afraid to go on. held out a while longer, but in of affairs everywhere they condition have simply whatsoever the dared present not until chaotic receive they or do any business where the bottom was. They serious losses, and cusor avoid knew deliver more thought had that suspended their to tomers had abundantly secured them. They had never been carrying so small a line of stocks since beginning business. They were principally interested in NewYork Central, Harlem, Lake Shore, Rock Island, and Pacific Mail. As soon as confidence should be restored accounts cleared they hoped to resume. For several had considered the firm of Jay and had doubted if they could earry and insecure, months they attempting: Cooke & the Co. load of stocks they were of Fisk & Hatch, came could have thunderbolt. tremendous The suspension 'They however, trusted all like their money," said the speaker, " with that firm on Friday morning." The closing of the Stock Exchange the firm regarded as commendable, as it would afford time for relief, and by this morning confidence would be in a measure restored. Except for that, almost no house in the street would have been able to stand. As matters now stood, it was doubtful if any, or at least any considerable number, of firms in the street could pay their debts.though with the restoration of confidence all would yet go well with the larger portion. The outlook was, however, somewhat gloomy even for the whole country. The suspension of Jay Cooke & Co. affected an immense number of correspondents throughout the country. Though Wall-st. influenced the country so extensively and 80 generally, yet time only could determine what would be the effect of the crash on general business and remote sections. LAWRENCE JOSEPH. Lawrence Joseph, commission broker of No. 14 Newst., announced his suspension early Saturday morning. He said that his suspension came about in this way The Bank of the Commonwealth had all his money, and when the announcement came that it had suspenped he "lost his head," and announced his own susHe said he was even on stocks and pension. completely owed from not cent to anybody. If anybody wanted money him he he who were willing to furnish it, and to recover the most of his of hoped had soon friends beenadealing lin from the stocks Bank the Commonwealth He had of every variety, but need not have suspended had he taken time to consider where he stood. He should withdraw his announcement of suspension if possible to-day. For months the street had been looking for trouble in of the firm of Jay Cooke & Co., but no one had dreamed the fall of Fisk & Hatch. There had been too much railroad building and too much stock watering. The developments of the last few day might have a salutary effect upon this kind of business. FEARING & DILLINGER. The firm of Fearing & Dillinger of No. 22 Broad-st. were commission brokers, who, like so many others, had been dealing in stocks of every kind. They were principally "long" on the Vanderbilt stocks: more especially Western Union. Their customers had failed to increase their margins, and they were thus left helpless. They need not have suspended quite as early, but could only have held out a short time. They had been doing business with a considerable degree of security, and the crash had come without a hint of warning. MILLER & WALSH. The firm of Miller & Walsh have an office at No. 17 Broad-st. Their business, however, is small, and they were reluctant to enter into any conversation concerncondition. They attributed their suspension to the of accommodations and obtain money from their ing ity to failure their banking customers. their They precau- inabil- suspended on Saturday morning. and only as a tionary measure. They had not made an examination of their books and knew not where they stood. They had been dealing in stocks of every kind, but had considered themselves safe until 24 hours before their fall. KETCHUM & BELKNAP. Ketchum & Belknap of No. 24 Broad-st. suspended at about 11 a. m., but in the general uproar this caused very little additional excitement. The firm had miscellaneous stocks.but mainly Vanderbilts. One of the partners stated doing the firm was not largely speculative, but was that business in safe stocks-though nothing seemed " safe It was impossible to tell where the concern stood. Though now. much of the stock held was for customers on margins," the firm had considerable on their own ac- of count. The cause of the suspension was the want Vandermargins everywhere felt, and holding too much bilt stock. WILLIAMS & BOSTWICK. Williams & Bostwick, of No. 49 Wall-st., dealt a good be in gold exchange, and they were reported to that heavily deal loaded with Arkansas bonds. The firm said therethey were unable to borrow any money and were forced to suspend. They could not estimate their fore liabilities, but hoped as soon all matters quieted down to make a settlement and resume. c. G. WHITE. C.G. White,Lajbroker clearing through H. G. Godet, of No. 25 New-st., failed early in the day. He was formerly that of speculator. His name was confounded with S. a V. White, and some excitement was temporarily caused by the,mistake. TAUSSIG, FISHER & CO. The failure of Taussig, Fisher & Co. of No. 32 Broad-st. in a bad one. The firm were concerned railroad enterprises. and held some stocks. The partners refused to any pressed many was apparently would of mako the start destatement, and could not tell whether they or not. The branch house of this firm in St. Louis, the again Gemp & Co., closed their doors soon after house. Taussig, announcement of the failure of the New-York rail The branch house has also been engaged in many road enterprises, but the firm hope to resume in a few days. P. M. MYERS & CO. The news of the suspension of Peter M. Myers & Co. of became known 'at the Stock Exchange it closed. Mr. Myers said cent just unable to borrow money without paying 2 or No. 24 before Pine-st., that they per If were it, and they thought it best to a few moments they would not Mr. Myera told of one man who had a suspend. day waited for stop. of have was the had on firm, they his to to the Exchange to hand in the ticket imposway he heard the Exchange had closed. It was sible when to state what the amount of their liabilities was, but the firm hope to resume soon. W. G. MOORHEAD & CO. The unimportant firm of W. G. Moorhead & Co. of No. 20 Wall-st., also suspended. MEASURES OF RELIEF.
