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TELEGRAPH. [SPECIAL DISPATCHES TO THE GAZETTE.] THE CRASH. Excitement in London--A Panic in New York and Philadelphia--Large Number of Failures, &c., &c. LONDON, Sept. -12:30 p. m.-Financial the news from New York causes excitement in market. A large business is doing with wide fluctuations. Rumors of impending failures cause depression. There is considerable excitement in Eric, which is now 43A. NEW YORK, Scpt. 10. George Opsdyke publishes a card saying any loss sustained from financial complications of the Midland railroad will not effect his financial position. He added that it was deemed best to have a receiver ap pointed for the road. Fisk & Hatch have failed NEW YORK, Sept 19. The Times this morn & mentions the failure of George Opsdyke itself deing Co. This is an error and the Times sires this contradiction, to be circulated. POILADELPHIA, Sept. 19 -Jay Cooke & Co. a dispatch from London this morning solvent declaring received that their London house is Jay and that the feeling in London towards It Cooke, McCulloch & Co., is very friendly. of must be remembered that the liabilities American the London house, unlike those of the regbranches,are not all due on demand but at ex ular well-known dates, SO that they know week. actly how much money is 19.-The needed each stock market NEW lower, YORK, reacted Sept. little, but went lower opened White, Defrees & Rathbone, gold and again. stock brokers, 17 Broad street, was the first suspension announced Being small firm the not much excitement ensued. Soon after announcement was made that Fisk & Hatch had up, the wildest excitement followed gone Brokers rushed out of the Board and for several minutes a steady stream of operators running towards their offices was kept up. There is a heavy run on the Union Trust Company Fisk & Hatch's failure has been announced the Stock Baard. Stocks fell 10 per cent. in There is tremendous excitement on the street and stocks are still declining The failure of Beers & Edwards and Eagene Jackson, brokers, is announced in the Stock Board. Gold bid. NEW YORK Sept. ..The llowing addi failures were announced ID the Stock tional Board this morning homas Reed & Co. W. B. 11. Warner, Greenteal & N rris an George Alley. PHILADELPHIA, Sept 19 The pasiceaused a run on the Fidelity Saf and Trust Company and there is long line of depositors drawing ou checks. The directors feel confident meeting every demand. Distrust with regard & to the Fidelity was caused by Messrs. Clark officers Co's. suspension, they being prominent Co. PHILADELPHIA, Sept. 19 --Jay cook & issue the following notice to their depositors ac"Some little time is quired to Ajust our counts and to hear from our diff. rent officers when statement will be prepared showing the condition of our affairs, which will be forward- then ed to you through the ostoffice. Until we beg your kind indulgence. assuring that every effort will be made to liquidate our entire indebtedness with the least possible delay NEW YORK, Sept. 19 Robiason and Suy than dam say their liabilities are not more $50,000 and they expect to resuine soon Com. Vauderbilt said in an interview last night there was DO reason why Richard Schell should have failed, NEW YORK, Sept. 19. Fisk and Hatch state that their suspension can only be tem- on and was caused by loans cailed in good porary securities which could not be realized upou at the present crisis. They say the securi ties on which they have made advances are and on railroads--t Chesapeake and Ohio Central two Pacific-both of which are completed. They expect to be able to resume business again soon as the panic ceases. Wall street has never as experienced such storm and the panic of Black Friday, in 1869, is by far exceeded by it. In the stock market the first failure was announced. The entire list dropped, recovera little in the interim but falling lower Two as ing each successive failure was announced. Kidother failures. Theodore Bidell & A. M. der-are announced. Gold is now 113. and NEW YORK Sept. 19.-Day & Morse & Warner have suspended. Hay PHILADELPHIA, Sept. 19.-Do Haven & Bro. have failed. New YORK, Sept. 19.--The run on the is Trust Company continues. The company still paying. Munroe & Co., of Paris, notify their New York house by cable that they will proteet bills of Jay Cooke & Co. upon them. They offered this morning to discount Couke's im matured bills at the bank rate. It stated on good authority that Secretary New Richardson will come to the relief of the York banks to-day, but in what manner cannot be ascertained. The Treasury officials refuse any information. LONDON, Sept. 19.-4:50 p. m.-Financial in the afternoon papers indicate an reports uneasy feeling occasioned by the news from New York. The close of the market, however, finds confi dence partiallyrestored and at thishour There Loodon's financial condition is sound. DO failures. Eric 411. are NEW YORK, Sept. -Fitch & Co. have suspended. PHILADELPHIA Sept. 19. DeHaven & Bro. have suspended temporarily but hope to follow- meet their liabilities, which are small. The Douglass, brokers have suspended II. H. ing J. H Yerkes, John Lloyd, Gilbough Bayard, & Co. and Bond, All of the above except Gilbough & Co. are small concerns NEW YORK. Sept. -The office of Fisk & Hatch is strongly guarded by police. Jay a Cooke & Co., are hard at work preparing statement of their affairs. A prominent Wall street banker says if the movement now making to get the Secretary of the Treasury to come to relief with$ 10,000,000, should fail there will be a general suspension of A banks meeting and others. of bank Presidents is now being held at the clearing house. Vernon & Hoyhane have suspended. The stock market is not quite so irregular, at excitement still continuing. The crowds the the Stock Exchange are so large that the police of have been called to prevent the entrance any but members. NEW YORK, Sept. 19--2 p. m - The Stock Exchange has been a scene of the wildest ex
