Chicago Daily Tribune Newspaper, September 22, 1873, Page 8

THE CHICAGO DAIU TRIBUNE: MONDAY, SEPTEMBER 22, 1873, THE PANIC. [Contintied from the First Page.) cessitiew, After anepousion, ., D. Wesley, atackliold- ®or and Truntes, and o mowther of the Exceutive Comne mittee, wan appointed Rocetver at suft of a depositor, o han taken churgo i tho belief of Lringlog 1t to epecdy resumption. THE OALL LOANS aro belloved to be properly secured, but no hoadway was tundo in collectiug thom, 'Tho largest loan fs one of about $1,760,000 Lo tho Lake Bloro & Michigan Southern Railvay upon its bonds, Witn this loau taken up, the Union Trust Company could wesimo businoss at onee, AT MIDNIGRT 8 numbor of porsons wera already in front of tho Building, hoplug the Compnuy would opon Monday, according to promive, It fo etated to-night that, notwithatanding (he action this afternoon of President Grant nnd Secretary Rich- ardson, they will authorize to-morrow tho placiug of ® portion of tho legal resorve, it necessary to provent a crash, TRE GOYERNMENT ACCOUNT TRANSFERRED, The navy account of tho Government which haa been with Jay Covke, McQulloch & Co,, London, lin boen tranafurred to tho house of fenry Clows & Co,, who aro ow the solo forcign and finauchl sgents of the Unitcd Statos Governmont, el IS8 WASHINGTON. Special Dispatch to The Chicago Tribune. Wanttinaton, D, 0., Sopt, 31.—~Mr, John Jay Knox, Compiroller of tho Currency, suid thls (Sundny) ovon- ing to your correspondent that tho action of the Now York Clearing-Honse, n support of tho Lauke, was timely, aud he hoped effectivo, 1o would mnke no ‘propheoy, howevor, upon tho sltuation as it might bo Blonday, A Mr, Hugsor, o bill-broker of New York, $old Mr, Knox, Thuraduy, thut the business paper of morchiants lika Claflin, Mellon, & Co,, wa8 not nego- tiablo, bacauso thore was XOT ENOUGH CURRENCY TO GO AROUND, It wan whilo ho was making this atatomont to in- flucnce the fastie of tho currency reserve that tho iews came of tho failure of Juy Cooke & Co, Mr, Knox thinks that Joy Cooke & Co, ought to have had the courage to abandou the Northern Pacifio Rallroad two yoars ngo, when they found it an up-hill Job, and says that thelr bonda hnve Leou for some timo paat returned to them, and thefr redomption demand- ed. Mr, Rnox does not think thers s much more chanco for Jay Covke & Co to reviva than for tha Northern Pacifio Raflroad to be solvent, Io ssys that DULUTII WAB A MISTAKE, and that the best snd most recent opinfon s that the lauds on the Pacifiosidoof Jay Cooke's grant aro no better than those on tho Lake Suporiorond. Mo thinks tho raflroad ought to huve mado tho Minneapo- lis diversion, and should havo closed in with the offer of reclprocal connection mado by tho Slouz City fn- terost. Ho saysthat the party of Gorman and other capltalista who came to Ameriea somo timo ago, and wero wined and feted by the Northorn Pacitlo people, made a report whon they returned homo adverso to the road and its finanetal interests, and that THIS REFONT WAS BUPPHERSED with the Company's money, ulthougl a fow coples of § stil exist, Tho appolntmont of yonng Stanton to be Recelver of the First National Bankof this city fa unfovorably commented on, on account of Stanton belug in the Bhephard aud Cooke fnterost, This besutiful Babbath day fs n truce scarcely ap- preciated by poople {n the Capital City, for all are un- rasy, and {n awkward apprehousious of what to do, Nowspaper Row yesterday was polled, sud ita nssots in teady money found o bo about §7, Nobody pald for snything, and it seomed preposterous to oxpoct poy- ment with long lines of CUSTOMENS DESIEGING THY, FREEDMAN'S BANK, and Rufi’s Bavings Bank, and thoso harassed finan- ciers arorunning about to get currency, Ruff ia a Ma~ rylander, and Lins managed with a smull capital to have sbout ono mililon deposits, A few montls ago tho Comptroller’s oftice mado report upon this dispropor- ton, which led to a run upon it for about a weck, The gamo little man produced aud paid back to depositors bout §600,000, BOATCELY IIAD E RECOVERED aud began afresh, when tho faflure of The Dbin depoe Juy Cooke & Co, gave him snother turn, Froedmsnw's Dauk 18 & peculinr and 1solated institution, aesociated with tho speculation in Washington City improvemonts, not wholly confided fu by severer eritics, but so far removed from it negro depositors that paules cannot como upon it, It is paying off with a slow aud method- deal surliness which 1s varlously interproted, nccords ing to the mood of tho depositors, No other coucerns hero appear to Lo affected. The older banka aro conservative, woll-regulated institutions, and Riggs & Co,, the mival privata houso to Jay Cooke,is o staunch cuncern, as Lard to be budged as any English or Hobrew™nking houso. Perfect, utter, and deop- spoken is the reaction against all the innovating forms of finance which have crept upon the Government and soclety through the intluenco of none more than Juy Cooke and his imitators, Fisk & Hatel:, THE PEOPLE ADE IN BOBER REVOLT 8t overy street corner aguinst Syndicates an well a8 Credit Mobillers, Tho absence of the President from his station at this Juncture would bo moro marked if snybody expectod hini t0 bo of any use. Hohasn Jargo sum of money on deposit with the ‘Washington house of Jay Caoke & Co,, but journuls eay thnt this rill be regarded in the light of a spocial deposit, and of courso given to him, 1 was in the office of Gomptroller Knox when Edwin L. Stanton recoived his appointient ond entored into obligation as Receiver. If the bank could speak, it wauld tell many a talo, and bring down muny an hon- ored head, Nr. Stanton I8 the Scerotary of {his Dis- trict, and George Cooke's favorite, Ho will probubly be able to benetit the local Goverument to the oxtent of suppressing any awkward developments, Tho First National Bunk was in more roliable and conservative bands st the timo of falluro than ever befors, its Dashier being a great improvement on his predecossor, sme Huntington, who mude advances upou all manner of claims, manjpulated funds aud Government bai- ances, and by a defalcation of an srmiy Paymustor lost upwards of $00,000 to the house, Huntington, also, ‘was one of four assoclates in n constructfon company which hired out utensils, euglucs, snd materials to atreet constructors, About Lalf a million was do- rived from this concern, but Muntington died beforo he could realizo his position. The First National was well known in this clty as a favorito place for ne- gotlation for lobbymen, Congressmen, aud othors, Thero T, COLFAX DEPOSITED HI8 MEMITTANCE from Newbitt and Oukes Amios, and tho books of this bauk, praduced {n the Commifttec, sealod hia condom. nation, The bauk gavo very little accommadation to merchants aud business people, as it was well under- atood that tho Cookes were professionnl borrowers, paying often as much us 10 percent. This bank waa involved with tho District of Columbia bouds snd tax eertificates, Jay Cooks discouragod his brother from local opera- tiona of thia kiud, ulthough he was solicitous thut ho should take the Governorship to give his house some official advantuges, equal to thoso supposed to Lo enjosed by tho Drexels, ‘A warm rival- Iy haes long existed between the two banking houses, and Jay Cooke attributed to this much of the opposition toLis railway. Bo much doubt has enveloped the affairs of Juy Couke aud Riggs' bank that other bankers here would collect checka on thew without walling an fustunt, In sliort, tere fa LITTLE EXOUBE FOR ANYLODY of ordinary ssgacity losiug monoy with the Cookes, Mr. Enight, a Dircctor of tho Pennsylvania Rudlrond, told me threo monthe ago that Juy Cooke was passing over the eritical months of his careor, and that thero was tho barest posalbility of his purvival, dopendont wholly on tho ealoof his raflroad bonds in Europe, Mr, Hamilton G. Fant, a banker of Waskington, told e nearly a fortnight ago that JAY COOKE HAD NOT MADE A OENT since tho cloo of the War ; that Ju a slugle operation of it Cooko, in New York, namely, Muriposn stock, tho firm had lost $750,000, which frightencd I W, Olarke out of the firm, It fa well known here that Gav. Cooke's mansion at Georgotown hias stapped at tho foundation over siuce the same event, It was tho dream of Jay Gouko nt the «close of the War to connect Lls houso with the Roths- childs and secure their ald to put .the Northorn Iacifio banda on the Continentul market, Ex-Socretury Mc- Oulloch was to bo tho medlum of thiu allianco, Hr, Bargont, of Dulnth, Las been about thi business for wo yeara with dimiulshing prospects, Every businoss man haa remarked thut tho complotion of the Northern ‘Pacifio Radlroad, at the ratio of the cont of tho part al- Feady built, would requira $203,000,000, or $14,000,000 ennual fnterest, That tho roud hnn reachud ite pres- ent terminus {a nat theleast remarkablo of Jny Cooka's porformsnces, It hus Loen Iavishly Ludlt and much plundared, and Mr, Gooke lisa beon' defeated in every sttompt to correct the behiavior of the Iuget Bound Land Company, In thisconcorn Thomas A, Scott had a0 investment of $100,000, which ho still rotulned Jbout one month ago, | Tho opinion entortalnod In Treasury clrclen nf tho Eeharacter of Jay Cooko is thatlo {86 man of honest lgntentions, TOO MUCH CONTROLLED BY WIA IMAGINATIONS, ankers of consorvativo fendoncies nover udmirod althiougl admittiug his ability to rouso euthtel. awm, and psh thu enlo of securities, Tro liaa not profited by tho oxamplo of Tis townanian, Rabert Morrls, who did a like work for tho Govornment in hiw day, aud then, in a tand apeculation, lost Ll all and rotreated to o doblor's Jail, Mr, Goko's vilin proporty fs of an extenaiva but unproductivo charnoter, and, at a thio ko tho prescnty would not bring abave linlf & nitition, though lio lins upwarda of 1,000 ncros in it, About ona year sgo, ho cut down hin Inrga rotinus of sorvauts, committed tho housckeeping to ono of his married daughters, and stopped hin farmor Invish hos- pitality, It was observed also nt Capo Mag, this sum- mer, hia family stopped at a smal cottage hotel, and disponned with n carringe, It wan npparcut that futes wero closing tn against him, and that Loth his Lifo Tn- surance Cumpany and his Trans-Continental Railroad hed beon adjudged mistnkes by the financinl fulerest of the country, Tho unanimity with which tho North- ern Pacifio Rallroad hind beon GONDEMNED IIY TANKERS 18 unprecodonted in our history, sald Mr. Jamos Drown somo Umengo. Mr, Covke, howover, never grow discournged, amd within tho past woek inalated that bo would live to fluish the rond, The negotiation of tho land-grant through Congroas was in tho main dono by William E, Ohandler, Becretary of the Republi- can Natiounl Committeo, and by Samuel Wilkiuson, Tiotween them they contrived flio whimalcal dincovery thiat nntional debt 1» & nationa! blessing, It was im- probubla that such & proposition, indoraod by such a Loueo, should mako men dombt tha political cconomy and safoly of the frm, Mr, Cooko wis notablo for asking nobody's advico, and ho ar- gued things out his way without wsiting to bo ane swored, OVER THF, OLERGY AND TIZ ORTHODOX orld ho liud grest {nflnonc, aud tho remark has Leen Lieard among theso that Mr, Cooke will not let thom loso anything, Tho calnmity comes with pecullar ssvority upon Henry D. Oooke, who fa mucli boloved hero, becauro ho lind Juet arrauged to rotire from tho honao, and net- to with his fnvalid wifo in Europe. The news came to Lim lke o thundor clap. Fisk & Hateh havo Lad evon moro succoss than {ha Cooke’s in solling rallrosd bonds, Tho susponsion will probably involve O, P, Huntington, who had drawn ont of the Gentral Pacificand concontrated his wenlth in tho Chesa- peako & Ohfo Railrond. The Intter road is left withont any connection on the Ohlo River, and probably will stop thero for a long time to come, The remark waa made in tho room of Becretary Richardson that tho bonds of THE ORZAAVEATE & OHIO NOAD WOULD FATL within tho year to pay intorest, Adrices from Woat Virgintn ehow that overything at that end of tho rond 18 staguant, and tho male of bonds prace tically comsed a year ogo, Whilo Mr, Thomas Beott 1a reported to have borrowed $12,000,000 in Ger- many, thero is a doubt that ho lias yot got, themoney for hin Toxas Rond, Tho Daltimore & Obio, bia rival, hios borrowed $4,000,000 at 065, No ratlrond bonds of either Fisk & Hatch or of Jay Gooka have beon gold in Europo, and thorefora thesa failures will ot swell tho list of our repudinting rafl- ways, Thoblow to raflway oxtonsion is expected to react upon manufacturing populations which have of Inte driven by the enormous domand for steeland iron bars, and HIGI TARIPF-3EN LOOK AND TALK GLOOMILY upon the prospects for thelemonopoly, The siew Gov- ernor, Siephord, of this District, has o graver appear- ancons the prospoct rocodes with thls panio of the assuniption of a largo part of tho city's debt by Co gresn, Tho man Aloxander, who attached Jay Cook bank buitding, iu this city, s on iufuriated opponent of thie Board af Publio Works, No other casoix known of like resentment, Publio fecling s In sympntby with all the Cookes but predictions continue that Thomns A, Scott'a Pacitis Road will take examplo from itn Nortbernally, Tho rigid adminiptrationists put tho burden of tho present panic upon the critics and investigators who cxposed Oredit Afobilier, but thero Is no more allusion to 1l safeusss of President Granvs socond term, The sos- slon of Congresa is now antielpated with anxioty, and tho Opposition 18 clalning both Virginin and Ohlo at tho cunning sloctions,—the formior by 16,000, Eugene Jackson, who faled in Now York, was ono of tho brokers who entrapped Paymaster Iodge into speculation and tho Penitentiary. By tho ruttier wnoxpeoted departuro of Secrofary Richardson for New York loat night, sbout tho only source of information regarding the probable further policy or action of the Government regarding tho flnancfal pauic hua boen transferred from here to New York, THR RESULT OF THE CONFERENCE between thoe President and Sucrotary of the Troasurs sud the promiuent representatives of the varlous brauches of monotary and mercantile busl ness is nnxionsly looked for, Seeretary Richardeon's remark to Lo Committee which waited on tho President and kimself to-day, that it was none of his funeral, confirms your correspond- ent's provious statement that It was tho Prosi deot's orders, snd not Richardson's will that fmpclled the latter to direct the purchase of £10,000,000 wortls of onds, Tha inconsistoncy of the Prealdent’s remarks to the Comuiittee, to the efoet that it would bo unconstitutional for him to issuo tho Lonks any part of tho legal tender ro- serves, meeds no comment when it I recolloctod thut o indorsod Secretary Boutwell in so dolng on sovaral occaslous, Allogether, it is probable that tho confercnco at the Fifth Avenuo Iotel to- duy will avall nothing of material character, and that thio Government will tako no further ateps toward affording reliof to the inanclal ond business interests than biavo beon tasen, ey PHILADELPHIA, Spectal Dispatch to The Chicago Tridune, DHILADELPIIA, Bept, 2L—Tudging by il tho sur- Toundings, the prospect scems moro enconraging. oma twouty-threo members of our Board of Brokers went up uthe goneral ascension, but it ia probublo that a number of ther WILL UEON THEIR FEET AGAIN befors tho end of the week. On the whole, there i3 very liltle sympathy on the part of the middlo and working classes with the suspeasion of Jay Cooke & Co., and the hope I exproased tliat, 80 far a# tho Northern Pucific Raflroad Is concerned, it may bo permanent, It ia hoped tholr depositors may bo paid in full, and tho falth of tho frm in pledged fo do that; but no man can tell you yet how deeply the concernly iuvolved, snd ft fs bust not to bo too tauguin oa to what it willdo, From the apparent confidenco with which it makes its announcement that astatement of itu offairs may bo looked for in a fow days, and depositors paid in fall, it might be aup- posed that tho firm wowld havo the ecttiement of its own affulrs, aud be permitted to makos prefer- enco of creditors, Dut it must not ba forgotten that tho wholo polioy of the Baukrupt Iaw is ngainst making any prefercuce ; and ft ia not at oll unlikely that some of thocreditors, early in tho present week, will petition the Judge of tho Dankrupt Court TO ADJUDGE THE FIRM BANRRUPT, As s00n as thisfs dono, o lst of creditors must bo furnished to tho Marshal, as also o schedule of {he saneta and liabilities, Under baokrupt proccedings cvorsthing svallablo of tho bankrupts offects is taken posseasion of, and the wholo sold for tho benefit of creditors, Mr, Foll, of tha firm of ILL. Fell & Brother, brokers, Waluut strect, has resumed payment, and as— aures mo of Liu belief in the firm being ablo to koap it up as usual, All sorts of vild rimora wero ationt yca- torduy, It waa currently roportod that the celobrated Baldwin Jocomotive works liad stopped, ~Such s not tho case, Mr, Barnhinm, business manager of the firm, declarcs that the cstablishment is in no troublo, and 4 not ikely to burst, Another rumor to the effeqt that Qooper & Cowsrd, dry gooda men, liad gone up, was extanstvoly clrenlated §n the aftornaon, and finally suthorltatively denfed by tho firm, 1¢, howover, they resumo busluoss on Monday, it will surprise me, s I am crodibly fuformed that their labilitles oxcood $200,000, MATTENS ON THE STOOK EXONANGE were vory exciting durlng the entiro duy, and tho scenos cnacted wero but ropetitions of those doscribed in provious dispatches to Tie ‘TuinoNE, Thomembers of the bar held a mooting ot the Grand Jury room yestordsy, about thirty members being presont, and oppointed & committes of threo fo oxamino nfo m rocont outrage committed by a member of the bar, and, if the case warrants such action, to ask the Court, in tho nama of tho profossion, 10 striko his namo from tho list of at- tornoys, Among the rumors golng tho rounds kore is one to tho ffect that FAESIDENT QRANT LOST THIRTY ODD THOUBAND dolines by the fallura of the housa of Jay Caoke & Co, Anotler that, on the morning of the day tho fallure wan announced, a small hox, ald to_contaln valuable papees, was taken from Juy Gooks's banking houseand left at the Whits House, The altlmore & Ohlo Nailway peoplo are reaponsils for tho rumor that Jay Cooke & Qo, anticipated thelr suspension TUREE MONTIH AGO, anil dispatclied Thomas A, Bcott to Enuropo to make a loan which would bridgo them over, Hoot, it Is asld, had a couslderablo cash inveatmont n the Pugot Sonnd Land Gompany, ouo of tho parusitus of the Northeru Pacifio Tailrosd, s PITTSBURGH. Special Dispateh to L'he Chicagn Tribune, Trrreuvnay, Fa,, Bept, 3L, —This Babbath has been & very quiot one, Tho panfo soems not to have les. sencd tho eft:ndancoat our churches, but ratber ln cronned it, At mevoral of the churches, the crials wos alludod o In tho werinona of tho ministors, Thero acoms to o licro o Ateady tone of confidonco, and no fntluros oro oxpacted, Tho benks have prepared for nll emergenclen fn case, throughi sny unfavorablo nows, & run shonld bo mndo on them to-morraw morning, _Privato advices to prominent bankors hero from Now York atato that tho worat in paal, and thnt many of tho suaponded bank nna brokora will resume to-morrow morning. Thero is cortainly no danger of n panic hero, and Fittaburgh sill not bo affectal toauy exlont by tho recent failures, g e DAVENPORT. Special Dispatch to The Chicago Tridune. Davexvont, Iows, Sept, 21,—Thers was but il oxcltemont {n tida cily scstorday on tho Jsy Cooke fatlure, although nows from Now York waa anxlounly looked for, Thoro da no concorn manifested for tho mouesod institutions hers, nlthough tho anvings bank mon looked a itlo glum, O of our bunks loat $1,000 by the falluro of the ¥irst National of Washingion, Davenport 4n tho largest grain market in Tow, and any gencral panfo would Instantly bofelt in this branch of commierce; but novertheless tho general feeling was s buogant yeatordny nsover, Larloy roncliod $1.20 por bit for the Vest, grudes, tho avorago ranging botween 900 and $1.16, Wheat maintained provious figuros,—050 0$1.05, Cornwas firin st J0@35c, and oats sold readily at tho samo fignro, Thero are soveral firms hero heavily Intoreated in stocks and banks in New York, and consiterablo snzloty fs folt 38 o what to-morrow will dovelop, e S MONTREAL. Special Dispateh to The Chicago Tridune, MoNTRRAL, Bept. 20,—~Tho excitement in this clty ia very groat, sud many firms, affected by Now York faflures, who tided over to-dny, aro likely to stand high and dry on Monday, The bankers are very cau- tlous and deslrous of strougthoning thefr position, Exorlitant rates of interest are mado for partles who want money, e, CLEVELAND. Speetal Disnateh to The Chicago Tribune. OLEVELAND, O,, Sept, 21—Thoro 8 no distress or panio horo s the result of tho Now York crials, Tho banks aro all scund and confident, and thero are no Indlestions of a run on sny bank or trust company hore, Tho banka havo shortencd dlscounts, but ex- pect to resumo the usual favors to busincss men to- morrow, Iargo smounts of currency left for Now York Baturday night to buy stocks deprecinted by the panlo thore. Tho grain trado s very quict, fow sales belng mnde, and wholesale businces men goncrally aro walling to sce what will happon. Manufactures snd retafl trado ate romarksbly brisk aud proaperous, Largo amounts of Clovoland monoy will go into Lako Bliore stock if it sells below 85 on tho raopening of the Now York Board, [T the Associated Press.) CLEVELAND, Sept, 21—Much interest is manifested boro in the reports from Now York, Thero is but little excltement in financlal circles, and tho general beliof 1a that all tho Clovelsnd banks will ueet tholr Mae bilitios. P a— SALT LAKE. AL Lax,Ulah, Sopt, 21.— Oliver Ames and others, Dircetors of the Union Pacific Railroad, go East to- ‘morrow morning, accompanicd by General Superin tondent Blckels, Tho financial crisis in Now York ia 83id to havo postponed tho frultion of tho matrow. gauge railway schemes for months, The bLanka here aro roported as ontirely unaffected, though speculs- tivo monoy operatora will bo weriously cripplud, il MILWAUKEE. Spacial Dispateh to. The Chicago Tribune, Miwavke, Sopt, 21.—The financial panio of New York produces no disturbance hers as yet, but the ‘Danks are propariug for any emergency {hiat moy occur to-morrow. —— TORONTO. Special Dispateh to the Chicago Tribune, ToRONTO, Sopt, 31.—Excitoment ran vory high yos- terday, Early in the morning it becameo known that Moreo & Co. hiad susponded, and, later, rumor has placed tsro other brokers in the same condition, one of whom has proceeded to Now York, phicel iyt CHICAGO. TOE GENENAL PEELING AMONG TIE DUSINESS MEN of thls city, yesterdsy, #o for a8 tho eamo could bo guthered in convecsations at tho leading hotels, was one of comparitive sccurlty oud confidence, Thero wero & fow agitators endeayariug to ciroulato busoloss reporta of the contomplated suspension to-day of sov~ eral banks, but whon called upot for a reason for thelr oxpreased bellot, or provocation for their utterances of alurm, they were utterly at s loss to give either, and foll buck upon tho most oxtreme whimslcalities and theoriea to excuso prophesics they would fuin see real {zed, Tho real business men candidly said they could seo no occaslon for a panic, or, for that wouscless folly, o run on tho bauks, which would Inovitsbly result in loss to tho de- positors, aud tho enforced suspension of fustitue tons whose certificates wera mado socuzo in good col- Iateral of twice tho valuo of their obligations, They arguodin this wise: Thero hus beon no money lost, ‘The samo amounts of gold and currenucy that wero in the country a fortnight 4go aro Liold bere to-day, Tho only result liua been o tranafor of posscssion, and that trunsfer, if no ponio disturbiog all businees relatious bo created, affecta only those immedistely intorested in the fortunes of one firm, But there was A GENEDAL APYPREUENSION that, owing £0 the excitemont which momo were en- deavorlng to ineroaso sud extend oud infonsify, thers wouid e a run on the savings banks of the clty to- duy, aud, outsids of the oflicers and managers of theso intitutions, thore wus much suxlety aud futerest exprossed as o the rosult of such o movomont, Tho muwugers of tho savings banks, sppreclating tho powsibilities, and dotermining to provide for their own eafoty and the socurity of tholr dopositors, held o cousultation yosterday, and resolvod upon tho adop- tion of such & course 84 was both within the law and for tho best guardlanship as trustoos of tho treasurcs they hold, Thelr action Is elaowhere reported, Whilo it may not be denfod that thero was ex- pressed yestordsy a feeling of doubt in view of possiblo contiugencles, it caunot be aflirmed that there wan anything upproaching excltement or alarm, Men dis- cusued TUE YINANOLAL SITUATION quictly and deliberately, but not witls tho perfect con- Sdenco that mark predictions of ords-ary businces, Conversations on tho subject wero neither boisterous nor in whispers, but conducted in moderato fous, =n s the wont of fhe usual times, by couples, or In small knuots, If appear ances yesterday bo any indication of resulla to-d: there will bo no panic, and no rush on tho banks, unleas upon tho savings inatitutions, Al probability of such sn attompted “run™ s forestallod in fho action of theso fnstitutions., A Tninoxs roporter conversed with a number of the maungers of tho saviuge banks yestorday, aud they thus pithily put the case: “ W recolvo depostls, Wo pay Intereat, und wo pay hoavy expeuses for tho man-~ sgomont of our inatitutions, Todo this, of courss, we canuot afford to let money lio idle in our voults, Wo mual {nvest it at remuncrative rates, In doing so, wa endeavor 1o loan on tho beat terma computible with perfeol ueourlty for our depositors, This money must be louned on a rensonable time, and cannot bo called In imtnediately on domand, Our depositors must un- derstand this, Our sccurity s good, but wo cunnot Toy ot once all doposltors out of our reserve funds,” ACTION OF TUE HAVINGS RANKS, The following §s tho result of tho musting of tho of- cor of thesuvings banks yesterday : BavINa Devosrre,—To allay all unnecessary oxcito- ment, uud In the interest of tho ruhlln und our de- positars, oud to provent the possibility of any parly oltaining sn advantage ovor anotbicr, and to rolocs the rights of all, tho savings banks of tho Clty of Chi- cago, represented by tho ofticers whoso uamen are sub- scribed loroto, will, from and after this date, insfst upon requiriu; nolice for tho withdrawal of deposits, ucourding to their reapectice rulcs, D. D, Hrexorn, President Stato Savings Institution, oitN O, HAINKS, Prosident of Fidelity Innk and Kafo Dopositary, BypxEy Mriuy, Caabior Morchanta', Feruors' & Mechaulia' Bavings Frep, Mxven, Cashter Cunercial Loun Company, x, T, 0, TazLon, Hice-Prealdont Cook County Bavings Dank, HENIY GREENEDAUN, Proatdent Gorman Saviugs Yank, TBANCIS LAOKNER, Presldont German-Ameriean Savings Dank, X . W, Rawso! Trostilent Union Trusl Company, Canyn F, W, Junar, Troanurer Chicago Savings Institulion and' Trust Cumpany, J, Youna Hoawston, Tresident Bavings Doparimont of tho Aaring Come- pnyof Cuieago, . A, W Warne, Coslder Glty Bavings Dank, Al V., H. Paics, Cashier of the Buv'k of Ohicago, Jases W, BooviLLE, President of the Prairio Btato Loan and Lrust Come any, ey Li6T EVENING 1t was roportod that a tologram from President Grant, directed to & prominont Annclor of this elty, had been rveceivad in the afterncon, stating that tho Presidont would to-day order the immediate isaue of tho $14,000,~ 000 reserve fund In order to afford rellef, Anothior dispatch 18 recelved, as 4 reporied, from the Prealdent of the Now York Doard of Trade, di~ rected toMr, J, K, Fishor, ssking Wim to hayo a meot~ ingof the Chilengo Board of Trade to Indorse tho abovo indicated pction by President Grant, Tho truth of theno ropdrta will bo dovoloped to-day, o i COMMENTS OF THE PRESS. From the New York World, Wa denira to fmprean upon the public mind, now in A condition to listen to & word of warning, the practi. cal dedictions which svem to 1n to follow irresiatibly upon yeatorday's disastor, ‘lhio oxperiment of build- ing rafironda’ with borrowed mioncy lins boou fairly trled, and must now bo abandoned n o failitre, Ttdoe mands for Itn siiccess a protracted run of good forbina whiich 110 uhdertaking hias o right to count wpon, Tn- doad of rafsing il tho cost of rallroads by mortgage bouds, with thelr half-yearly inierost days, thoss who constritct them must place largo proportion of {ho cost at tho risk of the busttienn must fiitate, n short, tho Tiinois Con- tral Raflrond, oven if tho fmitation utods to Lo com- plete, and involves tho paying in of every dollar anmed i tho cartifieaten of capilal fock, Thora ate rouds butlding oven now o this wholeaomo piau § wo do not need to_sny liow many Liave been undertakon on tho other ayatom, Amil, socondly, the sound doe- trito must bo reatared of giving no subsidics to rail- rondn ; nelther Iands nor bonds, money nor credlt, ‘The reat of our rafiroads must bo produced on Lusi nwn principles, 1f tiene two Jdeas nro appreciated by our Peoplo, the deptorablo ovont of yeatorday will yob v t, ytold valuable frul From the New York Sun, Tho eredit of tho houso hins been deeply impatred by tho impiention of Honry D, Gooke, orie of the mem- bors, Wit tho immeneo” fraudn of the Washington Itng, That wan onough te brenk down anything ; bitt along with thin tho chicf causo of Jay Gooke's falluro ia the attempt to bulld the Northern Pacifio Rallrond, That enormous and ill-considerod undertaking wan nuflcient to exhaust (ho strongest ro- nources, Tis downfall, wo foar, will in. volve thennands of widows, orphans, nnd confiding peoploof limited moans u Liting poverty and ombar- Tassimonf 1t in long sinco wo hind such a financlal storm as now rages, But when it cloarsoff tho mr will bemoro Wholeaomo, Thers will bo loss reckleas speculation s fower rallroads will bo it on credit alono; and I un hope that Credit Mobiliorn, plundering rings, -ofll~ clul corritption, bribo-giving, and present-taking will bo thiugs of tho past only From the New York Tribune, BUALL WE TARKE DRANDY 7 The warnings of tho Zribune huve rocelved an entiler and amplor vindication tlan wa expocted, Of tho crash in Wall ireol yostordsy, whercof full detafls aro tobe found In our fiows colimns, it may bo_aid that every ono expected it, nnd fow oxpocted the chiof disnater that marked it. Speculstion in third- rate milroad bonds has besn enormotialy ovordone, Dozens of fAnancial Iustitutions areloadod dowa with Bccuritioa that socuro nothing, and have with- drawh money from legitimato. biusinoss to carry them, The condition of the money market, and the alarm excited by tho constaut dicoverive of defalcations, modo the collupso of theso bubbles certnfn, But of all tho spaculativo onterprises on which prudont busl- noan meti havo Intely como to look with disfavar, the most descrving hias beon the firat to broak, Wo can ouly epeak of the fafluroof the grent houso of Jay Qooke & Co,, on account of its advauces to tho Northern Paciflc, with profound - regrot. With miich that the Louso has done we havo dissgreed, snd of the Iate BSyndicate operations for which it was largaly responsiblo wo havo spoken with tho censuro thoy deserved, But nothing can wipo out the debt tho cointry owos the patriotia and marvelously onergetio baukers who n tho darkeat Lours of our vl wor popularized (ho great lonna and Turnished the money to pay our soldlars; notliing can obsouro the fact that tha very onterpriso which las Snally dragged thom down wa of national concorn, Whate ever may be the result of the crists in Wall sireet, wo shall rogard tho disaster to Jay Cooko & Co, oa nolhfng Tesa tha o public calamity, On other detalls of tho crash wo do not caro hero to comment. Tho end s not vet. Danks well nigh as retentious as the groat houso that has gono down are londed with stocks besido which Nortborn Pacifics scom ko five-twontfos or British consols, 1t ia a good timo to stand from under, But it in our duty to look furthor ahiead and furilior Lack than from tho tising to thagolng down of the sun. Thero is o strong party in this country who' bellove that our Onancil syatem, basod as {t ia on nothing but tho Government's suspended paper; i & mafo sud mlntary ons, Tho ovents which are now hnppentng from day to day oughit to undoceive such peoplo, Exporicnco teaclica but ono lesson on {hiu question of tha curreney—~that no monoy consfnt- ingof napor nit convertlbls on domand futotho sctusl quantitica of gold and silvor ropresouted on fta faco can bo safo or permanent, Franco reapod a spoed; hiarvest of ruln from Lor assignats. England suffored perliape greater soverity of punishment for attempting the samo oxperiment that wo aro trying—undertaking to make irredeomnblo papor a permauont standard of valuo, Her oxporienco extonded over forty Soes, and mot unill - ho grest pndea wiich chlminatod in 1857 wes tho old psprsya- em fully uprooted. Raging with the fever of Bpeci= Iation, prostrated by the inevitable reaction, from the close of thio great wars with Nanroleon fn 1815 to the ' grand downfall of 1837, sholed tho lifo of a gambl; 16 our lifttory 1o furnish a_simplo ropotition of Enge Iand’s blundera? Avo wo to loarn nothing from tho experienco of our own fatheraand grandfathors, and of every civilized natlon that hss tried and failed in tho samio experiment? QOur currency is deprecinted. The prominm on gald, tho ncreased cost of living, And tho complote with? dravwal of cofu from elroulation, aford sufficiont praof of that, 1Itis depreciated becauss too much has been dewued,” ¥o add to the volumo vwill only doprociato It thio moro, When greenbacka were mads o legal fenider and prices began to riso, tho debtors of the conntry foumnd that their debts could bo settled for much less walue than thuy originally recelved from the creditor, Bpeculations were s cncourngod and an ers of recke loss borrowing was thua inangurated, The furor of spread on We sowed tho wind, and wo now reap tho whirlwind, "The insidious diueaso which for ton years and mora hia been polsoniug tho blood of tho nation now shows its horrid work to the light of day and the eyea of tho world, Faithlosauess to thelr triwts in officera of Gavernment from the highost to the Iowest, and in custodians of privato funds; rapacity and unscrupu- lousnces of corporations i cowardico and vonality of those who should bo tho guardians of the bonost and simplo—theso havo at Inst worked out thelr inevitablo results, The indiguation of the pub- lic i rouned, The confldouce of thoe publie {4 gone, What may bo the consequences of the suspension of the great firn of Jay Cooke & Oo, it is impossible to predict, Tho fact {8 an impressivo and awfnl one. Tho people refueed to buy the bonds of the Northern Pacific Rafiroad, the grand entorprise,— wo_might havo ea:d apeculation,—with which the fortuncs of the house were Llinked, Thelr difficulties got naised sbrond, deposita were withdrawn from thelr keeping, and they wero compolled to stop &nmml. We have shown how the Socretary of tho ‘reaaury himeelf stepped out of kis woy to save this firm (for tho explanntion of bis crooked dealings with the Byndicute {4 now clear onougly but oven g Secro- tary of the Treasury is poworlexs t0 contond with such forces s are shaking the fabrio of public crealt, Ho can do much mischief, Ho can do littlo good, To expand the currency will be to revive the emergiea of the drunkard with s morning dram, According to the last stato- ment of Treasury balances thera was $14,710,743 in paper in the posscasion of the Government, ' This will s00n be brought down to 8 minfmum working balance £ the Treagury susponds its ealca of fold, andpur. chanes what bondn aro offerod at lesa than 'par, It i perhaps well enough that the million and a balf of gold advertised to bo sold yesterday wna withdrawn, all the bida having been rejectod,” Wo have nlrcady inted “‘out that the Treasury is woak, hav- ing no surplus rovenuo fo expect for tho re- moinder of tho fiscal year, An expansion of tho legal-tender circulation’ wo regard as wholly une Justifiablo, unless forn moro ealutary purposo than tho rescuo froni * temporary embarrassment” of n fow dozen Wall stroot speculators, Wo beliove In resorting to the recuporativo forcos of ihe wholo cotintry rathor than tho doubtful power of one man tondd to the ex- {ating volume of legal tendera, Currency inflation fs at bat but tho brandy bottle, and wo havo Nttlo faith in the knowlsdgo or skill of the phyalcians who habie tually prescriby tuat stimulant, From the New York Times, On the gencral courso of bunlucss it Js observablo that tho frantic excitement in Wall strect has little or no offect, Even tho stock markets of other citles do not pympatlize iutimatoly with i, Trado i not likel to fecl it appreciably, unless it should take a umug moro gerfous turn thin prenent appearances lead us to snticipato, The abjectiva polut of the schemiors who havo Drought obout the Wall irect pnufo. o rallway stocks, and though thess represont on_ onourmous ' capitul, it 18 not capifal that en. ters tho ordlnury channcls of busiuess, Tho sspect, indecd, of "the general businoss of the country is iu striking contrust witl that of thg stockte brokers' centro, Exports aro in o healthy condition, imports are moderate, crops are nll fair and soumwe abiindant, manufacluréry aro doing well on tho whole, and some of them \'El‘i’ well, the labor-market {8 more stoady than usuul, aud reports from the interlor indl- cato d vigorous If ot a brlillant trade, Lvery ono who 18 engaged In patiafylng any of tho uetual and pormue nent demaude of the community may fairly look for ward to three-fourlba of & yeur of netive ad roason ably profitablo buslticss, Wo preaum it will not bo' dented Cooke & Co, have been unfortuuate in proportiou to their doparturo from conservative mothods of bauk- sug, ond thelr_compllcation with an enterpriso. oae seutially speculatiye, T othor words, iy Save suf- ferail by yiolding o the spirit by which thoy woro sure rounded—a apirit restless, Mfflr, but not always sufo, How far they havo Infired themsolves i is now impossible to sy, Probably no firm would linvo moro well-wishors in thoir dificultics or moro who will gladly soa realized the coutidence of tho firin that thoy will be ablo to right thomsolvos i 5 short tiine, We hope, slso, thal theworst of the ox- citement fu tho strcet is ovor, and that a stato of things which lias no Justification fn tho condition of busiucss i to Liave but bricf duration. Tt s cortaluly » groat ovil o tho country o hnvo itu privelpal s cliil centro visitod by thevo perfoaioal bicats of 0% truyagant and_ unressonablo oxcitemont, they aro not latiug thuy are violent, anid they do ‘uot - dutliet " permanent durhoga thoy niny causo yery sorious disturbunco, Wo havo ty intention of reading the stock-brolers s lesson in ~egurd to the mutter, Thoy sutter more sovorely thun uny ono clae, Thoy are “burut childron ¥ of Jong experlence, nd I thoy do not droud tha firo by this i, o wirnings from outsido will have any effect upon thom, Jut it {a for the conutry fo protost Heelf aguinst tho folly and recklussness of men who. hiow little care for ther own iutercst aund less for that of the publle, low thls can be dons In a question too lurgo to bo dlscussod ut present, But we bolfeve It {a becoming 1 tothe publio that ono micans of dolng 1t In by n systom of frod bauking, Whion the * operators® knaw (hat the currenoy a. of uch churusier tiat 1 counel bo lockod up ona of {hio tmont important olomonts of thelr calculatons Wil Do biaced boyond thelr control, That consummatlon 18 cortaluly wortli trylug for, that Messrs, Jay From the St, Louis Times, The annonncement {4 wade that President Grant will come 10 thelr rescus, through Bocrotory Itichard- son, who pronoses to help thio banka of New York ot of tholr diflicultien, Theso banks liave bronght all this troublo npon themsolves by Joaning moncy which wip not thelr own fo tho reckions gamblers in Wall stract { nnd why tho Secretary of tho ‘Trowsnry aiould now atop farward to amsist private indlviduals is moro than wo can comprehend, “Ihio panic, however, can do no matorial harm to the West, 1t comes nt 'nnopportung time, Dofore tho Jcking romson scts in tho matkot for monoy will 350 ftstad domi ¢ stock speoulations in Wall streot Wil linvo subsided ; {he Now York banke will havo learned a scvere lowson, and atock apoonlations have little hiopo of encouragement beforo next apring, FOREIGN. SPAIN. DAYONNE, Bept, 20,—Tho Carlist forcen havo oponod fir0 on argn, BManmin, Seph, 20.—Tho Correapondenciamys: Tho Intrausigeutes at Cartugenn are disposed to surronder to tho nutlonal forces, ~Thay will capiiulato on con- ditions that tho lives of Iusuzgent soldlors are sparcd, and tint somo other Goneral thn Murtinoz, Gampos 18 sppointed to enter the city at the head of the Republl= ean troops, Provisions aro very scarco at Oaringona, Ou the n ght of the 16th inst,, while a boat bolouging to tho French corvetts, anchored off Cartagens, won passing from tho vessol to (ho shore, b was fired upon hi the insnrgents for falling to roply to a challongo of the sontry, and one of the seamen was Kiliod. *Tho Gommuuder of the corvette callod tho at- tention of tho Intrauniyento Junta to the ocelrrenoo, and threatoned to bombard tho eily, but 8 satiafaotory explanation was mado, In conscquenco of the threatening attitude of the socialista in Mnlaga, Gen. Paria, Communder of the Government troops boforo that city, Lon callod for ro inforcoments, snd announces that hb will realgn uhloss thoy are furnlshed, 1i 1 slated thal thoro ara 50,000 mombors of the In- ternational Suciaty in Spain, Mannip, Sopt,” 21 —Tho Cortes was in seesion all Baturday nlv’m debating Senor Morayto's malion, that the rocoss egin to-day, Tho House has not yet ud- tely after prorogation, tho Government will declare Spain in'n atate of ricgo, Tho Epoca complains bitterly of tho detontion of the Tururgeit ron-clada by tho Biftish, and declares Enga Tand s abuning bor piwor fa not delivering them (o tho Madrld Govorument, It s rumored that tho Cabinet have detormined to rogall Gen, Pleltain, Captaln-General of Cubn, 1o TADUID, Sept. 2U—Lvoning.—~Tho Corlon adjourned Iy, In nccordance with authority rocently granted by thio Corles, thio Goverament. Lng Insued o proclamation nunponding the conatilutional guarantees and regu- Iating the press throughout the country, This action on tho part of tha Guvernment aud tlic occupation of Malag pestorday by {orcea undor Gon, Pavia Lava ro- stored public confidence, MADRID, Sopl, 31.—Tho ond of tho insurrcction at Oartngena s npproaching. Dissentious havo broken out amoug the instrgents, sud the Government has offered tarms which tho leaders are wililng to accept, but fear thelr followers, Tho liberated convicta threats on to massacre all who tall of peace, et GREAT BRITAIN, ToNDoN, Bept, 20.—Both of tho Wardens of Now- @ate who were charged with bribery ‘in conneetion with tho plot for tho releaso of the Lank of - England forger have ‘hoen dismissed, notwithstanding tho charges wero declarod unfounded, It fa probable that thoy il seek legal redreas, Tho forgors uto conflncd {n_separata colls of the prison, and a strict watch i kept over them. TLoNDoN, Bopt. 21.—3r. Stuart and a portion of tho crow of the yacht Devrhiound, captured by tho Spane o cruisor after Ianding. a cafo of arma for tho Cor- listn huvs becn reloased and placed 'in chargo of tha Dritlsh Consul at Forral, Dusray, Sept, 21.—The operation of the Cocrclon ¢t lina bebn wuspended in Bligo, Rocommon, sud perary, UBLIY, Bept, 21—Tho funcral of Tentan Col, Eeonard, at Drogheda, was attonded by 10,000 pornons, LoNpoxn, Sept, 22—8 a, m. 'ho members of the Tolariu expadition will will from Livorpool for Nuw York on Tucaday next, et MEXICO. Crry or Mrxico, Sept, 17, via TAVANA.—Tho Gov- ernment is engaged in re-establishing the navy, and has ordored the purchase in England of four steamers, ‘The Commissionera of Charities of Vera Oruz have caused tho placea of public worship to be clossd, The Catliollc socicty invoked tho protection of the Gover nur, who ordered the chapols to be rcopened. Most of the members of {ho Commission, also the Munf- cipal Counciilors protested against the {nterferonce of tho Goveruor, and reslgued, when tho Governor dis- solved tho wholo Munfcipal Councll, and ordained that they bo replaced by the candidutes who received the next highcst number of votos at t'e election, Public oxcltemont 1a intense, e Tt FRANCE. Pante, opt, 20.—It {s rumored that tho Count de Obambord lias intimated tliat whon his right to rover— elgn rule over Franco lioa been formnlly recognized, snd homage paid him, he will abdicate the throne in favor of thio Count do Larls, s, Sopt, 21,—Dr, August Nelaton had a ralapao on Saturday, and, sinking rapidly, died ot a lato hour Inst night, i GERMANY. Denwy, Sept. 20.—Trederick Willlam, Eloctor of Hensc-Canol, hins formally rocognized nnd consentod to tho aunoxation of Lfe torritory to Prussia, and re- nounced his right of property in tho reventio of ilia Electorato, In compensation, tho Prussian Govern- ‘ment Las granted him an annuity of 2,000,000 thalers, Tho Emperor has {nfermally rocoghized the statiis of Bishop Ricnkens as o Bishop of th Catholio Church, e e WEST INDIES, Loxnoy, Sopt, 20.—A dispatch from Calcutta an- nouncea the loss ot aca of thu ship Indus, coollc-Isden, and 118 coolics periehed, ———— AUSTRIA. VERNA, Bept, 21,~Empercr Francla Joseph has ap- poiuted Lfs guest, King Victor Emmanuel, Honorary Colonel of anAustrisn regimont, e s GREECE. New Yonx, Sept. 21.—The following brief dispatch ta printed in tho Lodon 7imes of Sopt, 9 ¢ " ATiENS, Hept. 8. —Arvauitaki, the Chief of the band which ‘mwsacred the English travelers at Mar~ athon, ias boen killed” o B S KHIVA. 87, PETERSTURGHI, Sept. 21,—Diapatches from Gen, Enuffman report that Khiva continues peaceful, and the Geueral lias orderod tho withdrawal of two do- tachments of the Russian force occuping the city, ks 2 MOROCCO. Lowpox, Sept. 20.—The report {hat olvil war had broken aut in Morocco hetween the son and brother of tho decoased Emperor la not true, —ehiliglran o THE YELLOW FEVER. Its Ravages in Memphis and Shreveas port. Special Dispatch to The Chicago Tribune, Mexrnis, Sept. 21.~The fotal number of deaths from all direases to-day was twelvo, of which but eight ‘were from yellow fover, showing a reduction of 33 per oent n tho mortallty sinco yesterday, A few more naw canca aro reported in different localitics, and one or two mild cusen are mentioned n thot part of tho clty where 16 first broke out {u 1807, which Laa not, up (o tho present iy, had a caso until now, Tho two reported are mild, Tho physteluns ncem to unders ataud tho treatment of thio seourgo botter now, and soveral recoveries aro roported, Pinch snd Happy Holloy ure the localities in which o mojor. ity of tho fatal cascs occur, In fact bt fow ~are reported to-day outaide of those_localitlos, The lloward Associntion, as well as tho Odd-Follows, Masous, and othor rellof organiza- tlons, aro redoubling thelr efforts (o relicvo tho wanta of flio aflicted, All told, there nro porhaps 160 persona in the city sick to-nfght with the fover, 8 ma. Jority belng ot tho Connty Hoapital, where, when {t Birst broke out, a stranger who had if was placod in a ward with patfents with other discases, ' llenco its apread (hore, DBut fow porsons are leav- g tho city mow, from the fact that there aro few Teft who can get nway, and some of that fow have boarding-places i the couniry aud_go ont avers night to sleop, Tho trains to-day did not tako over 200, and to-morrow tho oxodus will hardly amount o anything. Buneveront, La,, Sopt 14.—Thaero {8 no chango fn tho situntion lioro to-dny. Tho following 18 tho liat of intormenta: Mra, 8. J., Sawabuck, aged 643 Mias Alico 1 Lovan, 14; Mlex R, Youny, 14; R, Ball, 63; D, Foreman, 23; 0, T, Collfns, 38; Ifonry Allog, 32; B, Olark, femlo, 803 'N, Shurkler, 43: 18, Defar, 03 Mary Aun Gothiem,’l month; Misd Gliyen, 20; John Youg, 66, T'wo unknown, NEW OnLEAns, S8opt, 21,—In reaponso to telegrams from tho modical faaulty of Shroveport, the Howard Awaociation to-duy ~ Qispotches oloua to that clty, cach of Tiad many years’ expericnco in the treatment of fovers in Louisiana, Hopes aro cutertalned that they may Lo succensful in cliucking tho tavagen of the dlscans, Newa from Shrovoport by privato dispatchen ara very (lsconraging, Tho diacaso continuca sproading, aui the perceutage of death is 80 Jarge us to causo painful approliousions, threo CRIME. Suicido in Fort Wnync, Spectal Dispateh to The Chicago Tribune, Font WarNE, 1y Sopt, Ale=-Olstles Fofimor, Goie man, resldentof thie Ninth Ward of thiv city, hung himaelf yesterduy aftornoon to a troo in FfolfTers Grove, narth of thoeity, The body was first discoye ered by samo childron Who gavo (ko alarm., Tho i fortunato man hung with Lis tocs tonchiug (ho ground, and one orm thrown uround tho trunks of tha treo, as If e Lnd endeavorad to suvo himsclf, Tho Goroner's Jury olicitud the fact it hie hud been dead about five hatire, and that he was much dopressod_on socount of Deing thrown out of work a fow days beforo, Tho de= ceascd leaves u wifo and five chilldren in deatitute e oumstunces, Abortion in Cleveland, GLEVELAND, O, Sol, A young woman, nomed Barbury Wilaon, diod I ursduy at tho restlonce of hor wolbor, A Corouer’s faquest vas held and the jury returnod & verdlot of death _eansod” by abartion, produced by Dr, . P, Gos, and that Andrew Peters was acceauory to Hlio crimo,’ Before death, the woman wald Poters lad soduced ber, and bad provalled on Lier to huve the abortion_committed, Lotk Goss and Potors wors are rostod, Tho latior was reloasod to-day on ball, ah Murdor at Carbondale, 87, Louta, Sopt, 31.—Tho Democrat has a special from Carbioudalo, 1ll,, which says thut & difioulty ocourred thin atternaon hetween two colored men, named D)l Smith_and Frank Colilns, over 8 game of eards, and it Colline shot Bmith lfmnlgl.l 1lio heart, Xilling him 1nstantly, Acquittnt an Alleged Murdorer, BALT Laxe, U, 1, Scpt. 31.—Tho bulcher of Bing- ham Canyon, tried for the murder of Cotton and hia Lwo sous aavoral weeks inice, wan acquitted laat night Dy tho jury of thio Probata Cotirt, ST. LOUIS, . officinl Exnminntion of Postmnstor Filloy’s Asscasment Operntions — How tho FPostmastor's Story is Ie- coived in Nt. Louls, Svecial Dispatch to The Chicago Tribtona, 81, Lour, Sopt, 20.—An agent of tho Post-Offico Department came hero on Friday to investigate ho chargos sgalst Mr, Filly, Not much kuown of hls manner of carrying on the inquiry, but &t fa not supposcd that &t will be any too searching, Ho heard tho teatimony of & fow clerk yeaterday, and it {s sald that howill carry back to Washington acopy of tha papor which the clerks aigned, giving 5 por cent of ol back-pay to Mr. Filloy, Somoof them eay they slgned & papor not really knowing what 1t was, but thinking evervthing was correct. It is now understood thnt the sixty carriora of the office had not yot pald up, bub oxpocicd o poy tholr “full “six montha' ssscasmont &t once on the 1at of Octobor, This partly acconnts for fho smaliness of Filloy's receipts, which, ho states througl tho medium of tho Assoclated 'Press, did not exceod $1,700. Tho local papera came down tipon him too suddenly Lefore ho “succeedod in harvesting mutoh of Lis ill-gotten gains, Tho exouno thiat he lins made totho Department, of which 1o correct copy has yot heen givon to tho public, 18" tho Iaughing slock of peoplo bero, Ita tons of humillty oxcites goneral dorision, Mr, Filley i no such political nuocent as the dispatch Tepresent im, and he will not find tho cliarges mo eary of explanation, excopt to an Administration willing to sccept 'alight oscusos for tho most merious oflicial “offenwos, It is only nocessary to reiterato hero that all well informed_people 1n Louls ballovo tnt the accusations mndo agaiost. Mr, Fllley in tho dispatches to Tnz Trinuxs are, in all ensenlial partioulsrs, correct, and they will contine 0 {0 boliov, whethor he fa whitowashedl on thle " fnvoatigation or not. Wilnon will probably go back to Wasbington to-morrow night. Before hogoes ho will kave furilior conforences with Fiiloy and somo f {hoteslgned clorks, A curlous story lins Jist boon mado publia in regard to tho way in which Filley got the sgent of the Associated Pross to send his_explanation, which wns not pub linhed hiere ot the samo timo, Thotwo met accidentally Inte Friday night, Filloy showod the agont the die patclien to’ Greawoll and wanted him to sond thom, telling him at tho samo timo that If it woro not a0 lata Bo roud lave coples male out for ali iho city papers, _The noxt day the papors applied for hio dogumente, but. ho rofusod o give them. The wholo thing looks like s put-up Jab {o got the mattor circulated “abroad, and suppressed at home, and his purposo Liag boen protty thoroughly accomplished, FAIRS. Close of the Exposition nt Kansas City ==The Baby Show. Special Dispateh to The Chicago Tridune, Kansas Orry, Sapt, 21,—The great Exposition closed Iastovening, Tho display in overy dopartment was oxcollent, ‘The stock was tho fincst and largest ever on oxhibition in fhe West, Yeaterday tho grand baby show took place, 'Thoro woro some Bixty babies on- tered, and happy mothers all in waitivg to seo who 'was to bo the lucky one, A beautiful girl was selected from among the number, by the name of Ethel Knick~ erbocker, Tho child was obly 6 weeks old, and cama from Lynn Onmllly, Kaneas, ~ All were highly dolight- od witl the aclootion, and tho mothor made happy to know that her child wus to bo fald in the §160 carriage, ro- 8t, Tho Illinois State Fair o Xandsome Financiul Succes syecial Dispateh to The Chicago Triduns, SeamvarieLp, 1L, Sopt. 31.—The receipts of tha Btate Fair at Poorin, from all_sources, oot up s total of $20,238, This aniount s $7,000 moro than vias rosk izod Iast year, and over $4,000 moro than over taken in befora at any State Fuir over held, Tho expenses including premioms paid and fo ba patd, will amount in round numbors o $23,000, leaving & sur- plun of $7,238, a very handsomo proft ‘on tho invest- mont, Close of the Michigan State Fair. Spectal Disnateh to The Chicugo Tribune, GnaND RAPIDS, Mich,, Sopt, 20,—Tho Michigan State Fair closed to-day, haviliz proved an fmmense succest, Recolpts for ontrance tickets indicate that tho whols number of visitors on the grounds during tho alx days was botsween 70,000 and 80,000, The most intoresting ‘procoeding to-dny wan the t10tting race, fres to all, for & purac of $1,835, Fred Hooper, of Detrolt, took tho firat money, 'Time: Iirsthoat, 232 3 socond hoat, 2:0; third heat, 2:35, Mollio Morris, o Rtonieo, took thie kecond mondy 3 Membrino Gift, of Flint, the third; Sherwan, of Coldwater, the fousth! The Wisconsin Stato Faire MILWAUREE, Scpt, 21.—The Wisconain State Fair opens to-morrow under very favorablo auspices, The entries up to last night wera nearly 1,000, From pres- ent ndications the display in all departments will bo fully as good, If not better, than last year, and should the weather continue pleasnt, the sttendance will be largo, WHO DID IT¢ A Little Affrny on West Lakeo Strect. About 8 o'clock Inst cvening, 8 man namod Jobn Quinn was pansing by No. 36 West Lake stract, when a man who st on s beor-keg on tho outer edge of the sidowalk accosted him, ond sald: “Did you aver seo me befora 7" Quinn replied that ho had not. The man on thobeor-keg Insisted that ho had, Theso different improssions brought on hot words, which wero succeeded by blows, While tho two wore fighting, & third party rushed up, and, ab if ho wantcd to befriend one of tlie combatauts, engoged in tho Aght. After s fow passos, all threo wont down on the eldewalk in a hoap, They had senflled but s minute, when o piatol shot was heard, and the man who liad occupted tho_exalted po- sition'on the beer-keg cried out that ho had boen shiot, Thereupon tho men all jum{led up, and wore con- fronted by Oflicer Ebenger, who arrested Quinn and tho minn who exclnfmed that ho was shot. Tho other unfortunately escaped, Both mon wero takon to the Union Strect Pollco-Station, Dr. Thibodo wan called to aitend _the wounded man, who gavo his nome s Wi Cabluer. It was found that thero was & eovere wound on tho forchead, It was of such & naturo that jt could not have been in~ flicied by piatol-shot. It was ovidont that a kuife hod been uscd. No weapoms were found on Quinw's person, and it was belioved that the party who had cecaped did the cutting, Cabinor was removed to No, 137 ITubbard atreet, his bourding-honee, Tho attending physician pronouticod tha wouud Lo bo serious, but ot uecessarlly futl, THE CITY IN BRIEF, Stonmor No, 22 was called out at 5:45 yesterday after- noon by a still alarm of fire in tho rear of No, 185 owe atrect, Tho flame woro quickly put out, A druuken brawl occurred at the cormer of Van Buron strect and Fifth avenue, on Baturdsy night, at Dulf-past 11 o'clock, Jobn Hallan, s brutal typo of humsnity, laid James Mulligan’s cheek open, from bis mouth to his right ear, with & knife, Hallsn wan srrested by Officer Bwanson, and this moraing will be arraigned before Danyon, AL 8 oclock Baturduy uight, Pat O'Hlerlo, who residea at the corner of Bultorfield and Twenty-second atreets, Was run over by o train of card of tha Lake Shore & Michigan Southern allway, on Bouth Clark streot pear Fourteenth, s loft log was brokeu and his wholo body much bruised and scratched, Ho was taken to ils houso, AtBo'clock yeaterday morning, s freight train on the Lake Shoro Rond ran intoa’ frelght train of tho Qllcago, Burlington & Quiney Road, noes Btato strect, Two cari of tho luttor rond were completely wrecked, There were no lives lost nor wounds infllcted, Tha engincor of the 0., B, & Q. locomotiva anticipated the collision, but kuew that if ho reversed his engino ho would wreck o stroot cor fliod with passongors, 1o therefore did not attempt to avoid tho collislon, pre- forring to risk his own lifo rather than ondanger thovs of tho occupants of tho streot car, DEATHS. MOBRIDE_Athis rostdonce No. 930 Wabashiar., on Saturday, at 10 p. m., W, B, Moliride, of tha finh af S aeral Sosricas il bo hold at tho housoat 3 delock o o n T 10-dag, Erlends of b family aceiariiod to ate WADSWORTII—In this oty Sunday, Sept. 31, Martha Whito, daw Tor :‘r" Elwin J. and Emolie &, Wade- G toral Tuasdaz, tha 234, st 108, m., at tho rosidanco, No, 615 Michigan-as » WILKTE . Bopt, 3, 'at 104 Johoaonat,, Bargarot, wite of Join Wilklo, agod 45 yenrs, Funorl rom how - B Tonday, 334, ght of Sopt, and sucon id . Galty daughtor of Nol on Atason, “Llila suddon aud sad ovont fills with deopost sorrow not, | circlo of and happy family, but a lar, e could tod friands. Rbu was aua whom it would ba {11 sparad from this world, whiors anearniost, truo, an nobly fnspleing lifa {s o muoh neode A contro of ad- muiratlon aud aftootion, belovud by the foor &8 woll hs by iring the happiness of all about hor even at ritico, Wlio' was ono wiiowe momary will bo iruciotis toall, - la tho prime and strougth of wamaulioud, witly atluoiioo sud posilon, with »iadier, sisturs Iy _ oving 1o gathar - AL Bor omer - whitn Govetod " huAd. amd T aons, ono an Wnconolous babu Just Uaberod into Dolng, both nevding companlunthiv And & mother's min- Iaforig okro-—ono wid had sa TRuch for which to Hvs, And w wuch needed, will bo sadly missad, no only ly oirole, but fn tho cliurch she loved {n pla dood of ol 17, -ainong whioh 1 tho +* Woman's lonacy Soototsy o8 Wilch she o prosidonoy Y} groat concoursa at Hor funeral an Wednosday, and tho toartul Interost, testify totho univorsal admiratton i I'ny‘lxllglo ‘Aong whom sho as spont Bt kiritood, and o ho briof tou suara uf, her marzied lifo, Butto her it wi a procious m&u:&t‘ o kaow that =7 Redoomer livoth, Tuour sorrow wo Tujoic that the light which shono so eautiful iy Lo rlfihur in that ome sbovo to (oristlike are gathoring, One more ‘cloud of witnosaes by which we Ao Comphased about,’ o AOCTION SALES, ... . By WM, A, BUTTERS & CO. WM. A.BUTTERS & CO,, AUCTIONEERS, Salearonma for Dry Gonds, Clothing, T Regular B o Gl Chni Hoota a ‘Mocchandiso, at 15 & 17 RANDOLPEL-8T. * Regular Salasrooms for Roal Tatato, Room 2 Hawley Building, 144 nnd 146 Dean born-gt., cor, Madison. FOUR-STORY & BASEMENT Mardle Front Stors, AND LOT, NO. 222 WABASH-AV., AT AUCTION, On Monday Afterncon, Sept, 22, At 3 o’clock, on tho Premisos, o shall sell; without resorve, the new and handsnm Marblo-tront. Buflding, with Lot 27 fact front by 171 fos oop o 20-{ont lloy, ‘holng No. 223 Wabarh This bullding 7 fot by 160 foot: four slorie ment. Franoh plate wiarows and doora;ston prismatio lighta: hasoment with conofoto hotta oundations butlé of stono. tho timber throughaut | tho wholo is built of tho host matorial n tho bust mane yindor tho diccot suporfutendoncs of o ownur, Ber, Title cashi 97,600 1n 80 daga; 825,000 4 ) Bertest, TERAIS: 37,500 ng Juns 0, 16777 Balance | ad f yoars, tntorolt e yoc cants WM,'A. BUTTERS & CO. Roal Fatato Avotioneors, 144 and 14§ Doarborn 6,000 BUSHELS CORN, Damaged by Water, AT ATUTCTION, 01 MONDAY AFTEROON, at 8 o'elock, onhinsrd Canal boat Georgls, lying at southeast ahutmont of Twolfth-st, Bridgo. Balo porcmptory for whom it may eoncern. W TOP 4D 0PN BUGRIES TROTTING WAGONS, Phastons, Farm Wagons, and Harness, AT ATCOTION, On WEDNESDAY, Bopt. 24, at 10 a. m., at our Saless ‘ruams, 16 and 17 Rundol WM. A. BUTTERS & CO,, Auotloncors,_ AT ATCTION, On WEDNESDAY, Sept. 24, at 2 o'clock p. m,, At our Salosrnoms, 15 & 17 EAST RANDOLPH-8T, EF-Oataloguos ready Monday. WM. A. BUTTERS & CO., Auctionesrs, FINE STOCI= (nstommade Cothing, Furnlshing Goods, Woolons, Fancy Dry Goods, Hataany Oaps, Shirts and Drawers, Hoslory, Boots and Shoes, eta., at auction, an THURSDAY, Sept. 25, st 9} a. m. at our Balesrooms, 15 and 17 Randolp WAL A. BUTTERS & CO., Auctionsers, REAL ESTATE SALE or Lots on State-st. Lots on Vincennes-av. Lots on California-av. Lots in Norwood. QuTHURSDAY, Sopt. 5. at 10 'clock 8. m., at oug Ron) Estate Room, 141 and 146 Dearhorn. W. A. BUTTERS & CO,, Esinto A TER, By ELISON & F 653 SOUTH DEARBORN-ST. Household Furniture AT ATUCTION, Monday Morning, Sopt. 22, at 10 o'clock, Tho entira offects, consisting of Parlor, Ohambor, Dining-rogm, and. Kitchon Formie o, Briagals and Wool Carpots, Stoves, Togkery, Glasaware, &ce &o, i ELISON & FOSTER, Auctioneer: ATCTION SALHB OF VALTTARIIN CITY PROPERTY, On Saturday Afternoon, Sept. 27, At 3 o’clock, on the ground. Boing Lots 7 and 11 in Block 13, and Lot 13 in Block 9, of Duncan’s Addition, each 60 1eet front by 126 foot deop. Toot No, 11 fronts wost on Sangamon-st., between Adams and Jackson-ats. Lot No. 7, eaat front on Peoria-st,, betwoon Adama and'Jackson-sts. s Lot 13, Block 9, west front on Peoria-st., between Monroe and Adams-sts, Those Lots aro centrally locatod, embrac- 11:5 the moat doairable property to bo found in the cng. i 5 ER&I OF %ALLE—OXIO-CJ:;:& gnlh, hnl; ance in one and two years per con inturont.h’l‘iléo porfect. Abstract furnished ith each Lo, wiheadt B0k prison & FosTER, Auctionoers, 87 Markot-st. gt et s BY GEO. P, GORE & CO,, 68 & 70 Wabash-av, Thus Far the Finest Sale of the Season! Tuesday Morning, Sept. 23, at 8 1-2 o'olock, Oponing with & boautiful display of Fanoy Docoratod Olifnawaro, Lava Goods, &c.; Vases, Matto Cups and Saucors, Ton Sots, Mugs, Cuspadores, &o. Aftor which, tho regular salo of Dry Goods, Dress Goods, Hoslory, Notlons, Hats, Gans, #0. A rivh lne of Valonolonnos and Thread Faco Collars, &o. ; Rufilings, Flutings, Ruchings, &a. Fino nsoleos of Tablo Linons, Towels, Napklus, Tidlos, Totlot Quilt, $o, _Platod Ts blo Wars, Koivos, Forks, and Spoons. Tur Goods, Mufts, Capos, Collars, and Cape. Gonts’ Ovorshirta, Cardigan Jacksts, Undorwear, &0, Govermment Clathe ing, and tho regular offoring of Carpots by tho rofl, at 11 olglack, Visitora to the Rxposition favoring wswith a call will zot only witness & fine display uf doslrublo goods, but will have an opportunity of rcoing the finest Anetion Housofn Amorles. GEORGI: P GORE & CO. 63 & 70 Wabash-nv, Crat B Angton $a BOOTS AND SHOES, On Wodnosday, Sopt. 24, at 9 1-3 @, m, ‘Wo hold these sales regularly EVERY WEDNESDAY, and visitora to the Exposi. tion can find here what thoy can nowhoro else, viz.: A grent exhibition of the BEST GRADES of BOOTS AND BHOES that can be purchased, at from 20 to40 PER OENT LESS than manufacturers® pricos, Oataloguos and goods rondy to exhibit Tuoaday. GHO, P, GORE & CO,, - % 70 Wabnsh-uv,, Auctioncors, ATCTION. 8 Valuable Suburban TLots In South Einglewood and Fifty-fifth-st, Boue levard and Ashland-av., to bo sold at Adame« at, Court Mouse on MONDAY, 22d inat., aé 13 o'clook, Usual torms, LEB, Auctioneer,_ Aduin| Balo of Madisou-st. Lat:, noar Wasteru-av,, romsining unsold (the prapurty’ of Poter Eloh, deautiod), mill tako place’ at Aduuslt, Court Houde, at 12 o'slogk, MONDAY, Sept. 2. iy ordor of Coust, B, 0L BIOH, Admiufatrator, U, 1% LIk, ‘Augtionaus,