Chicago Daily Tribune Newspaper, September 25, 1873, Page 12

12 THE PANIC SUESIDING. % (Continued from the Firat Page.) ™o throw tho balancon n thelr favor in thelr rolations with the East, llad tho panio ocourrod two montha Mator tho pork mon wonld hiavs hiad the money, nud tho Now York batka thulr papor, aud tho situstion would Bavo boon critical. THR PLOURING INTENEST, an important ono in Bt Louls, s not yot nffectod, “Tho nullors eamo to tho bankera for monoy, and wero “told that if they wantod it to keep thelr mills golng they could have it, but if thoy wantod it to purchasa whoat at tho prosent reduced figures it woa uscless to negotiato, Tho millatones, consoquontly, ara rovolv- ing as usual, IF TRE WORBT COMES tho bankers will ronder mutual nasistanco, Thoy all agreo in saying that thoy have always dono & good bis- inoss, avolding speculation, and aro bettor ablo to copo with financial dissstor than tho banks of nuy oity in tho West, Duslucss on 'Ohange waa na dull fo-dny asit could possiblybo, Thoro wess tondency tos Ul greator declino in pricos, principally in thoso articles that hod ruled ot fancy rates, Very littlo ‘produco changod hands, aa merchants aro noither buy- ingor molling,—paying out moneymor recolving it. Thoro 8 53 yot mo chance for fallures, Groin comoes fn dally, but most of t loft tho ‘placo of production beforo tho panfo commenced. Borchonta and comminsion men aro atfll hopeful, They apprecato tho gravity of tho situation Ia Now York, and sny that ovorything dopends upon_ tho conduct of the Now York banks, If thoy fall thore will Lo & gonoral disostor, It will then bo #“gAuvE QUI PEUT,” Eastorn houses sro domanding prompt payment of ‘Wostorn lsbilitics, and Weatern wholcanlo dealers aro earrying out tho ssme principlo with thoir country oustomors, In such an ovent jobliera would bo tho ‘wornt aulforors, Tho Commission mon say thoy havo een for somo daya fortifsing themecives, and could ‘possibly got through all right. —— BALTIMORE. Speclal Dispateh to The Chicago Tribune, Barrntone, Md,, Sopt, 24,—Tho fecling in businosa circles hero to-dsy hias beon ono of great anxioty, Con- sorvativo and safo a8 the financial transactions of the ‘moncy and commiorcial community of Baltimoro usu- ally are, yot thioy havo ot last felt tho shock which om- anated from Now York, and aro full of vaguo distrust, To-day at an oarly hour THE DROKENS' OFFICES WERE FILLED with oven greator crowds thon havo thronged thom during the post fow days, anxonsly awaiting mforma- tion from New' York, Tho snnouncement of the falluro of Howes & Macy increasod tho ogitne ton, but 8s tho doy wora on snd o furthor disastors wero reported, o little moro confident tono prevailed. Tho action of the local banka in forming & pool for thelr mutual pro- tection was regarded 0a n safogusrd against danger, and their understood determination not to pay out currenoy in largo sums increasod tho coofidenco in thelr socurity, NO DISTRUST WAS MANIFESTED, and no extraordinary demands wero mado upon them, 50 that they continued to accommodate customers, of ‘'whom, however, thero wers but a fow, tho demoraliza- on stopping tho ordinary current of business. Thoro hoa bean some demand upon thom for money from the Richmond aud Petorsburg banks, but they have taken the safo conreo of nursing tholr assets, and confining thom ontirely to homo use, AT THE:BAVINGS DANKE thoro hns been moro than the ususl number of de- mands for monog, but all of them havo waived tho 'thirty.daya privilego, and tho majority of depositora ‘havoroplaced (helr money as soon as they boeamo mwaro of tho readiness of tho banks to pay it, Not quito $500,000 in tho Clesring-Honso certificates wero used {n sottlemonta betweon banks to-day. 1t is thouglit that tho present arrangoment will be amply sufiiciont to meot the noeds of the community, THE ONLY FAILURE 1n Daltimoro up to today wos that of T W, Fox & Co., s emall firm of etock-hrokers, but just beforo tho clogo of busness, this afternoon, it was snuounced that Brown, Lancaster & Co. hod suspended, Thia Jouso hiad branchea ip New York and Richmond, and ;was heavily fntercsted In Ohesapeako & Ohlo Ratirond bonds, They say thoy havono statoment to make, ox- copt that largo ond unoxpocted demnnds exceeded ibelr ability to pay in tho preacut condition of affairs, and, sooner than sacrificotheir assuts, thoy dotermined to closo, DUSTNESS DULL. It 48 not known that any othor houso in the city i unfavorably affected, Genoral business is, howover, almoet at a halt. Recelpta of grain from tho Weat havo fallen off, and the difliculty of nogotinting exchunge and tho scarcity of monoy hns cut off the demnnd for shipment, tho small quaniity arriving gowg Into stare, = et & RICHMOND. Speciat Dispatch to The Chicage Tribune, Riomsoxp, Va, Sopt, 24.—Tho susponsion of tho Potorsburg bonks and soveral commercial firme thoro yestarday, coused & xun on our banks at an oarly bour to-day, Great oxcitomont was manifetd for a whilo, Tho savings banks all olaim notice, Tho Nae tional and State Banks meet all domands promptly. Qurrency was recelved from tho North, which enabled them to pull through today, BUBPENGIONS, Teaacs, Taylor & Willlams, stock-brokors and bank ers, susponded. Thoy did a very largo doposit busi- ness, The Dollar Savings Bank and the Dullding- Fund Assoclation paid out all thelr currency and suspended. Their funds woro loaned on real ostate, and they could not readily meet tho rush. MEPTING OF MEDOIANTS, The merchauts, manufacturers, ond citizens, snd mombers of the Corn and Tobacco Exchange aud Chambor of Commerco met this eveniug, and, after the passage of resolutions cxpressing porfect CONFIDENCE IN TIE BOLVENOY OF TIE DANKS here, further reeolved to mako their usual doposits ‘and not to withdraw their balance now in bauks hero, This action precludea o dlsastrous run on our main ‘banks, four of which have ecach $220,000 of State money therein, besides Post-Oflice and Internal Rov- enue funds, The First Natlousl Dink of Vir- ginis, Gtato Bank, Morchunts’ Bank, Plant- ors' Natlonal Bank, and Tichmond Banking and Insursnco Company havo met promptly all do- monds made upon them, and deposits havo been mado 28 ususl during the duy, and ot tho bour of closing thore wos nothing observablo sbout tho banks which ‘would lead any one to suspect that anything more than tho usual dadly routino of businoes was belng traus- ted, o INON WOREB BUSPENDED, Tho Tredegar Tron Works, employing 1,600 hands temporarily stopped work to-day, o Northorn raiiroad falling to meot thoir obligationa for several hundred thousand dollars’ worth of rafiroad matorlal fur- nished, e PITTSBURGH. 6AVINGS DANK SUBPENSION—A BUSPENDED NOUSE N 6UMES BUHINESS, Spectal Dispateh ta The Chieago Tribune, Prrrsuunan, Pa., Bept, 4.—This day has doveloped notling matorlally now as regards tho financial panic, The Lawrcnco Savings Bouk, corner of Butler and Penn streots, susponded this morning, This inatitu. tion did not avadl ftaelf of the protecting clauso in it chartor, which compllod the depositors to givo at teast thirty doys’ notico Lefore thoy could withdraw thoir funds, Tho oficcra thought thoy hud curroncy sufficlent in its vaults to meot any emergoncy, On Eaturdny the run commenced, and. thoy pald up promptly evory check offered Ull 11 o'clock this morning, whon they wera compollod {o closs the doors, Thia bLank 18 on the copartnorsbip plon, the stockholdors belug indi- vidually lisblo, Mr. W, B, Young, tho President, lina mado a latement, and gives ussurance of agaln re- suming at an early day, just as soonas certaln seauri- tiea can bo made availuble, Tho National Trust Gompany, suspended sesterday, reopencd its doors to-day, and paid dollur for dollar, Many of the deposttors, who hud withdrawn their ‘monoy yestorday, to-dny redoponitod it thuro, showing their confidenco in the atability of tho fnstitution, Real ostato 18 romarkably brisk, but notbing t all fs dolng in atocks, Many baukers horo think that the storm 1a now over, sud fhat confidenco will soon bo zestorod, and that bualnoss in tho futuro vill bo car- rled on on o healthier Sinsncial basls, Prrrssunan, Bopt, 34.—A statemont hias boon pul- 1ishod that the Pittsburgh Oloaring Houso has adopted {hio New York plan of cortified chocks, ‘Thls {o a mix- tsko, Atameoling (his morning tho following rosclu- tion was adopted, Resolved, Unanimously by (ho bublk comprising tho Pittaburgh Oleariug House Assoctation, all belng rep- Toacnted, that thoy do 1ot conslder It nccosmary to ko any chauigo In thulr oustomary modo of dolng busi- ness, From this it yould soem that the leading financiers of the clty do not thiuk tho sltustion demands any ac- tlon on thelr port, — LITTLE ROCK. Lrrrix Rook, Ark,, Hept, 34, —The monoy panto fn $his city continues, Wuile & lsrge numbor of mer- chants decided to-day to continue taking city money 3a formerly, & large aumbor, including nearly all the produce and gracery dealors, sigued an agreemont not o take it 80 long as tho banks refuse to givo Eastern exchango for it, 'Tho oxcitemout fu very great In tho THE CHICAGO DAILY TRIBUNE: THURSDAY, SEPTEMBER 25, 1873, elty, money having hoen tho only cirenlating medium in uno for sovoral yoars, and nearly every body has somo, —rp PHILADELPHIA. Spectal Dispatch to The Chicago Tribune, GALMING DowN, PruapeLenia, Sopt, 24.—~The oxcitoment has al- most entirely dlaappestod, A slight sonsation was caused to-dny on recelpt of tho following talegram : WILKESDARBE, P4, Sopt, ,—Lrown & Gray, bank- orw, suspendod this horning. A card poated an thoir loors givea the fallure of Henry Clews & Co., of Now Yotk, as tho cause, but atates that the firm wll.l bo all Tight' 1n & fow doys, Duch oxcitomont oxluts, ‘Also tho following : BaLTIMORE, Sopt, H,~Tho sasoclated bankaof this clty, to prevoutn riin, hava ngreed {0 muspond cur- Fondy paymonta, ‘Tho atock markot is utterly demor. alizod ‘and s gonoral panle pervades commorelal clr- cloe, [This woa subsoquotly contradicted.] Alko thio followiny Tatenson, N, J,, Sept, 4.—Four hundred snd fif- teon more mon sro {0 bo dicharged from the Rodgors® Locomotivo Works lo-inorrow, making 1,000 men Inld O this weok, or two-thirds of tho wholo'forcs of tho catablishmont, Toading bankers assured mo to-dny of thole bollef that TIIE WORST 18 XOW OVEN, Confidence fa restorcd, snd dopositors are roturntng thetr hastlly-clntelied monoy to thoir respective bankn, Inquirios throughout tho mterior of tho Btato show {hat 1o fallurcs havo occurrod at Allentown, Dothlo~ hom, Harrisburg, or Reading, "Thio Unon Bsnking Company lasucd tho following tardy elroulnr this morning PRILADELTHLA, Sept. 21, 1873.~Tt fa our painful duty to announco to you that wo Liave boen compolied tosuspond poyment, This rosult woa wholly unoz- pectod o oursolves, but it bocamo nocessary ‘{n viow of tho condition of the monoy market, which immedi= ately ensucd on tho failuro of Messrs, Joy Cooko & Co.” With an abundanco of tho best asscts, 1t proved to Lo fmpossiblo to ralso moncy to mect the fmmedinto demands of dopositors upon any socuritios, Wo will aubmit to you without dalny, and ns speodily a8 it can bo prepared, o statement of our asgots and liabilition, togethier with o proposition which will insuro such nn adininfetration of our assols, under {110 aupervislon of our oreditors, sa wil inatire tho very Leet result for nll who aro intorested. Mean- whilo, wo sk o briof indulgonce, and oxpresa the hopo {hat our eruditors will ultimatcly sufter littlo or no losa, Respectfully yours, N, O, NusseLMAN, Prosidont, JAues A, Hivz, Oashier. [T0 the Assoclated I'vern] REPORT CONTRADIOTED. PHILADELTAIA, Bopt, 24.—The roportod suspension of tho Juninta Valley Bank at Mifllin, Pa,, is contrae deted, ——— DETROIT. Dernorr, Mich,, Sept. 24,—The felegraphic dispatch from 8t, Cathardnes, published yeatorday, to the offoct that the furthor workin thoconstruction of the Canads Bouthorn Raflroad had boon suspended for the pros. ont, and all Isborers discharged, is doclared by the muouagors at tho office in this city to be incorrect. Ono of the chief officers of tho Company, who returnod yesterday from o visit along the lino of tho road, Teaving Bt. Thomna Mondoy evoning, ssserts positively {hat up to that time no order hnd been issued fora susponsion of operations, nor was such s thing over drenmed of, The dispatch, it would be remembored, was dated Monday. Jus, F, Joy succceds I, H, Smith as President of the Detroit, Lansing and Lako Michigan Railroad, Tho Bonrd of Trado to-lay was considerably ex- cited, and on nows of the unsottled condition of the morkets ot Ohicago nnd New York, prices wero de- pressed, At tho low figures consldorablo grain was puurchiased by those who had faith in the futurosnd the moneyto purchaso, On tho streot thero was absolutely no uncasiness, All our banks are regarded an per- fectly safe, Ono has been rumored shaky but without anybody to fathom tho rumor, the report diod out of ftsolf, To-morrow tho eavings bank will roquiro thirty daya notico of depositors us thero wore indications of o un towards night, HARTFORD. Speeial Dispateh to The Chicago Tribune, HanTrORD, Conn., Sopt. 24,—Financial matters aro comparatively quiot, the panic ¥y=ow York having so far ehown bt littlo offect here, Our banks and sav- ings institutions aro all in & sound and healthy condi- tion, The banks discount but ltlle, which makes money dear, ruling quotations befug 12 per cont, NO FAILURES ANE BYONTED among bankors or brokers, and unless thoro s a gen-~ eral suspension In othier scctions wo do not approhond nany serious troublo, There hias been no run on any of our Lanks, trust componios, or savings institus tious, nor do wo antlcipate any, Business is good smong our merclionts snd generally thoy aro hopoful and in good spirits, aud thoro {8 regaining confidenco thot tho worst is over. Our fire insurance companica aro doing on mproved business, o= e . CLEVELAND, Special Dispateh to The Chicago Tridune, Ougveranp, 0., Scpt. 2.—Publio anxlety was awakened horo ngaln to-dsy by tho suspension of Howes & Macy, and the noon meeting of tho Doard of “Trado was tho gloomiost that has ocourred during the ponfe, Nows from Ohicago is sconned with eagor intorost, and approhensions sro folt that tho troublo ‘might broalk out in tho Weat, Shorlly after noon, news from New York Legsn to improve, and the feeling ‘hore grew moro buoyant s the afternoon passed withe out any fresh disastors, Thero §s no troublo horo smong banks or Aavings nssociations, Mot of the National Banks will Lavo to at onca begin shipping cure ronoyito Now York to meet thelr drafta, Graln ia very flat, but manufactures all golng on briskly, and with confidence, General business is excellent, the fooling better on tho wholo than at any provious tima during the present crisls. ———— CINCINNATI. OrvoneNaTy, Sopt. 24,—Thero 18 no chango hero in the condition of financial affairs, The banks are dis- counting sparingly and are slill pursumng o policy that will fortify thom. Rumors wero early clrculated on *Chango thnt tho Baltimoro banks had susponded, which produced a dopressing effect. This was supplomentod #by another roport that tho Now York bauks hod generally suspended, which sorved fo increaso the dullness gonoral Lusiness, Dispatches wors, however, ot o later perfod recelved, denying both reports. Theso wora roceived with prolonged applause, and served to relievo the disquict, During the afternoon there wos an Smproved feeling on Third strect, with 1o ovidenco of excitement In auy quarter, e LOUISVILLE, LousvirLr, Ky, Sopt, 24,—Considerablo oxcltemont provalls Lero fo-day on nccount of tho do- pressod condition of offairs in New York communicated by presa dispatches, tut the bauks aro uniformly fn good condition, working cautiounly nud abundantly prepared for emergencles, No alarm whatever exists nmong depositors and thore fs no sn- ticipation of any panio, Many banks roport iu- creused doposits to-dny, aud tho uniformly conserva- tivo policy of tho bankors and merchants insurca tho business community ogainst any diffioulty beyond stringency in tho monoy murket, the opinfon provall- ing thot tho diffieultics fn New York woro born of spoculntion in stocks, sud bave no commoreisl come plexion, — NEW ORLEANS. Special Dispatch to The Chicago Tribune, New OnLrans, Bopt, 2.—Thoro bas beon no run whatever on our bauks, oxcopt upon a branch of the Troodmon's, which was very trifling. Money at thia soaron is always close, though rates horo ara but Littlo igher thon last year. Conslderablo currcncy has Deon nent honeo to New York, Littlo or no busincss is Delug done, sinco ovorybody f8 waiting for tho New York panio and tho yoliow fovor in the country to sub- slde, Cotton comes in very slow, Btandard city so- curitics have doclined but 9 por cont sinco the 1st inst, PR R INDIANAPOLIS. INDIANAPOLIS, Bept, 24,—A crowd of workmen scek- ing employment at onv of the rallrond ofMces, created o rumor that n run waa in progross on the Morldion Btreot Bank, which s in the samo bullding, Thero was 1o ofher foundation for tho rumor, Tho Indisnopolls bauks lono almost nothing by tho Now York crisls, aud will not o long as Winslow, Lanlor & Co. ataud firm, Tho banks Liavo mado oxlensivo proparations for tho coming pork season, and aro fu bettor shupe to with- stand a shock than ot any provious tne, g Sk i WILKESBARRE, PA, WiLRESDARRE, P'a,, Hopl. 24,—Brown & Gray, bank- ors, sugpended {his norning, A card on tleir door @ivea tho fallure of Menry Clows & Co, a8 tho cause, but states that tho firm wil bo all right ina fow days, Tho mining classes nro larga dopositors, bug Liavo not yot learnod of the susponelon, This suspen- slon {a the principal toplo of conversation among our baukers and busiuess mon, sud much oxcitoment exinty, —— _ MILWAUKEE, Fpectal Dispateh o The Ohieago Tridune, Myuwauxer, Bopt, 24,—Thcre Is no material change in the feoling horo, The banks aro all in a good condition to sustain a run, but depoaltora appear to bo calm, and wo hear of no funds belng withe drawn, Considerable ourrenoy 15 expected hore from the [East to-morrow morning, which will afford material rolief from the present scarcity, Tho Ohambor Commerce met thix mora- ing, but adjonned agatn nntil Mondny noxt, by which timo tho bankn will probably bo ablo to supply all the wants of grain-dealorn, Tho members bava plodged themaelyen o abstaln from oll trading in the moan. timo, to provent unnccossary dopractation of valucs, g o SALT LAKE. BALT Yare, Bept, 24,—Tho financial crisls in Now York hins not affected (ho aftuatlon bere, In viow of rossibilities, soveral English companies hinve offored asslatanco, Mining intoresta are awakoning, Tha Méning Gazetts roporta tho discovery of an immenso cave in the Fullor Mino, at Litilo Cottonwood, twenty- fivo foot docp, oxposing Iargo deposila of minoral, Thero {8 much excltomont over the matter, gt =it BLOOMINGTON. Spectal Dispatch to The Chieago Tribune, Brooawatox, 1lL, Sopt, 2, —Tho fnancisl panio which herotofore has falled to diaturb tho sorenity of ‘business mon liero, causos somo cxeitoment to-night, Nothing like s run on the banks has boon observed yet. gt ABROAD. LownoN, Bopt, 24.—Tho houso of Olows, Habicht & Co, hiavo decidod to suspond, A dispateh from Borlln announcea tho failuro of & bank in that city, The £133,000 drawn from the Bank of England on Dlance, to-doy, was for shipmont to Now York. Twonty thoussnd pounds in sdditfon to tho nbovo amonnt waa also shipped to tho samo placo to-dny. TLoNDON, Bopt. 24.—Olowy, Hablcht & Co, woro in- formed yestorday that Henry Clows & Co, wero safo, and first know of tho susponsion of that New York louso to-dny, They immodiatoly called in tholr sollcltors, end, oftor consultation declded to euspnd poyment, Their Uobilitles ore £240,000, Thelr othor Lisbilities 670 £04,000, Thoy have aanota_sufictont to meot, thetx own labilitlos, but not thoso of Heury Olows & Co, Tho liquidation of thelr affairs dopends upon tho con< Qitfon of tho New York houso, 1t 18 bellovod in Anancial aircles that s flow of bul- Hon from England to the Unitod Satos will commenco, NDON, Bopt, 25, 6 8, m,—Tho Daila Telegraph, in an editorinl on tho Anancial orisis in Now York, recom- ‘mends thio virtusl suspension of all payments, and the substitution of o systcm basod on individual oredit, Dy this means Humo will b given for tho exciiomont 1 subsido, —_— CHICAGO. TIE FEELING IN THIS OITY YESTERDAY was onp of comparativo quict and supprossod nneast. ness, 'Tho anticipations of tho oroaking prophats who prodicted discord in financial circles, and uitored hoarno notes of warning, wero not roalized, Thanks to tho storling good acnse of this community, thoy nelther undorestimate tho full significance of the pending diflicultics, nor care by souscloss oxcltomont to exnggerato tho dangers, And tho last two or threo days havo ovidencad on the part of tho business come munity and depositors a vory genoral confidence in tho standing and integrity of local banka which must win added famo and reputation onvisblo for the magla Pheonx City, Yesterdsy morning, beforo banking hours, the Umld foared tho dny's business would bo {nsugurated in doubt, sud culminote in disaster. Dut the tmid in Chicago are fow, snd thelr feoblonoes i loat {n tho coursge, and resolution, and strength of those rogenorated and rojuvenated in the baptiam of fire, Thesotimid ones suticipated that tho failuro of THE HOUBE OF MENRY OLEWS, stock-dealors and spoculativo bankers, would sproad an alsrm onco almost hushed aftor tho notso of tho oxplosion of tho houso of Joy Qooko & Co., and frighte on tho business public nto convulsive fts of financial fusanity, But, happily, such was mot {ho case, Tho moro failuro of Clows mado no moro disturbanco in tho son of trado than tho temporary rippla on tho bo- som of tha river mado by tho throw of a stono, Tho little rivulots ceaso mot till thoy reach thie shoro, but tholr power is infinitesimnl for harm, Not a singlo bauking-house in Chicago, and only ono in tho Stato, had any business relations with tho houso of Clows, and not o singlo local bank was affected to o porcep- tibla or appreciablo oxtent by it su#pension, In gene oral tho samo applies to tho suspension of Hawes & Macoy. Yestorday morning thoro waaa largo srriyal by exprosa of OURRENOY ¥ .M KEW YORK, and the banks neoding the fauds were mado tho ro- ciplents of considerablo treasure, catimated in round numbers ot Lalf 8 million dollars, Tualncss ot tho banks was conducted without ex- cltement or slarm, ond tho deposits held up fairly with tho withdrawals, All tho banks went through tho Clearing Houso without “ lamo ducks* to back water, and whon tho banks closed thero waa o bettor and ensier fecling than tho morning had auticipated, Tay, Tranue roporters called on o number of tho Ieading bankers yesterday o learn something of THE BITUATION, and in every instance wero treated with courtesy, snd given such tima as tho occasion of the visit demanded. Ono very prominent bankor, whose influcncs, basod onlong experienco, ability and integrity, {a marked and potent, said the bauks of thia city wora in as good » condition as any in tho notion for immediato omor- gencles, and their socuritios for moneys outatanding and advanced unoqualed, But, in epite of thoir strength and resolution, ho thought the locking up of tho ourroncy In Now York would necossitato spoedily #0mo Jolnt action on tho part of bankera hero, Thero was not, ho sad, sufficiont currency in the bank vaults in this ity to meet business demands, or to malntain the perfoct standing of the banks, and ho 8aw 1o pros. poct for recelving currency immediately from fta hoording holders in the East, Tho currency recelved yesterdsy was on orders of Friday last, and later ap- pleations had romained unhecdod, or at least, unan- swered, What TIE LEMEDY FOR THE THREATENING DANGER was, tho financier doclined to apecify oxcept in vory genoral torms, o felt that tho banks must act fn unison for solf-protoction, which was tho scourity of depositors and tho guarantco of trade, and mus refuso further advancos of currenoy to country bank- ors on shipments of-produco ; must refuso large pay- monta of currency at tho counter, and demand that all Inrgo check (08 the plan odopted in Now York) firat pasa through tho Clearing-Houso, aud thon only bal- ancea bo scttled by cursency ; and they must demand tho poyment of all obligations duo them, He intl- mated that 8 continuanco of tho money atringenoy would soon necessitato this combined action, but safd tho present did not demand tho move, A CENTAIN FALLING OFF IN TRADE would be tho inevitablo result of thohour, and thia would to some extont reliove the pressure for eurrenoy, Lut oly for o short time. Tha coreala aud stock of tho West and Northwest must go forward to tho East- orn market, and tho ropresontative of money must move then, In speaking of the suspension of Cooke, Clows and other banking speculators, ho sald, it had Tittlo direct Influenco on the legitimato and staid bank- ing housea of tho country, but theoxplosion of bubbles on the surfaco agitated the faco of tho waters, A number of other bankers spoke in tho warmest torma of tho good genso aud forbearanco of tho goneral busincss publie. With oxcoptions, they found tle publio content to abido by the action of THE BAVINGS DANKS, 11 tho adoption of tho imo rule, rocognizing in snch action tho wisost course for ilio goneral soourity, and the avoldanco of any panto, Tho mercantile commu- nity, they enid, had maintained composuro and exhib- fted confidence, thus saving iteolf & world of anxlety and aldlng tho bauks to maintain thelr standing in- tact, In many of tho banka yosterday tho doposita ox- cceded tho payments, aud when tho banks closed thero was Lirdly ono whoso currency on land was not in cxcess of tho volumo In thelr vaults on any day of Inst weok, 'To briofly stun up tho local situation ft may bo sntd that reasonablo anxioty porvades tha public, aud thoughtful conslderation, devold of fovor, cngagos tho encrglon and offorls of financiers who refuso {o cry +Wolt " boforo tho fold Is ontered, CONDITION OF TIE BAILROADS, For two montha past tho raflronds contoring fn this clty carriod moro frolght (hon in sny provious corre- sponding poriod, Thelr earnings wore unprocodont- edly largo, Grain was bringing good prices, nnd ta movement bid fair to bo lmited ouly by tho abllity to transport it, Costly oxtenslons snd improvemonts, bowevor, hud beon made, which tho hoavy rocelpts wore Insufficlont to cover, To provido funds, bouds woro fasucd and placed upon tho Enropesn markot, Over $100,000,000 of securitica wore thua competing for European capital, In that market an sbundance of capital Is constantly socking invoatment, But capital fa proverblaliy thnid, Tho radieal reso- lutions of fuo Grangors had procoded tho socurtls, oud tho consorvativo copltalists doclined to put tholr monoy whera the caprico of politicians tirostencd to rondor it procari- ous, Failing to negolinto loans, some of tho roads wero unoblo to moet thelr paper on its maturity, 1t would ba useloss now to proclaim hts disastrous condition a8 tho natursl result of speculativo zoflwoy Lutlding, To n cortain oxtent 1t would bo traoj Lut 1t 1 none tho lossafact that the very best rallway companles on tho continout have boon soroly pressod to negotiato thelr paper, Only ono Ohicago rallrond hiea mado caals pusehases for tho past balf-year, ‘Tho othors have beon compolled to give notes payablo in sixtyand ninoty dsys, Theirexpectation was o tako tho paper up on maturity with tho funds derivable from the sala of bouds, Their fallure makea tho outlook for tho rallzoads gloomy enough, ‘When the Now York flurry ind extended info & panio, the Lieaviest graln-buyer of that city telegraphiod hix correspondents In Chioago and Milwaukeo to WITHHOLD RINPMENTA OF WIIRAT, Yontordny our clovators weroso nearly full that the ralrond companien directed thetr ngents to shut down upon gratn shipmonts, The facilitics for moving the produce are not eurtalled, nolthor aro tho offorings, but the currency {5 wauting, The Btock Yards aro Alro bolng overcrowdad with;cattlo on sccount of tho Iack of monoy to purchnsol and forward them Kast, Within o fow daya it wiil bo vory ovident that we aroa mutuslly dopendont pooplo; that one community can- not suffer without other octions boaring their degres of the common misfortuno, Ono immediato reault will bo the DISOIARGE OF A LARGE NUMBER OF WORKINGMEN, The progont farces cannot bo maintalniod by the rail- ronds, For mevorsl wooks pnst they have cut down matorfally, Thin ocourrod in harveat time, whon labor ‘wan olsowhore in demand, Tho knifo will now ontor deoper, This will canso sufforing, But thoro fs na Help for 4, oven {hough it comea at tho advent of ‘wintor, whon thiero §s little prospect of other employ- ment, Tho distrust in railrond scourities has been created, tho compantoa aro uttorly unablo to moat largo oxpenscs, and tho blow will fall hesvicat upon tho clasa loast ableto bear it, INDIRROTLY, Tho financial depreaston will bo genorally folt, In tho falturo to disposo of thoir produco and stock, the farmers will suffor their share—on exporionco that will sadly contradict tho flaming mottoes 5o numer- ously displayed at tho Grangers’ meotings, proclaiming that tho * Farmor s King, and paya for ll,” Evoutu- ally, light mny como out of prosont darkness and trouble, Common suffering may teach tho peoplo that tho slrongest aro alike dopendent upon thelr follows—the producer upon tho consumer, and tho earrier upon both, Whon onco this unsltorablo prin- ciplofs fully recognized, the war upon property and classes—which invariably dofoats itsolf—will givo placo to peacoful, caln concluslonn, insuring “Tho @greatest good to tho greatest numbor," and * justico to all,” Inquiries nmong railroad officials in the eity yeator- day clicited but few tangiblo statomonts, Asarulo, thoy woro awaro that tho loast sald tho soonest mond- ed, and acted upon that principlo with a fidality not encouraging to the roporter in scarch of information, Most of them told tho samo story, or, rathior, made somovaguo romarks from whichi only tho same gen- ceral {nference could bs drawn, MD, NEWELL, Presidont of the Tilinols Central Railrond, said that up to Monday tho receipta of tho road had not beom af- feeted, The rond wos o triflo behind fn shipments, 20 this kopt tho men busy, but since Monday tho re- colpts had droppod very conslderably. * Tho fact 1s," eaid Mr., Newoll, * thoro s no currency to bo hiad, sud tlo grain cannot bo moved without it, You can ob- taln o great deal more information from bankors,” #Doeca the present doad-lock in freights throw a great many of your employes out of Work?” pursued tho reportar, Br, Newell did not think thera was any immediate danger of any kind, Whilo businoss was ns active as 4t had boen, thoro wero a groat many needod ropairs which could mow be nttonded to, This wonld give plenty of employment to a very large number of mon. # During such o dead-lock, what will the railroads @07 " asked tho roporter, 1 supposs they will walt unill the shippors can obtatn currency cnongh to move the grain,” eaid Mr, Newell, “Tho farmors aro tho sufforors, and have brought this all upon thomsolves, Thoy have pro- duced such o feeling in Europo that American rafl- road bonds are shunned by eapital. This will all come ‘back on them in time,” #But will not tho community suffer, throngh ihio suddon discharge of so many raflroad employes at onco 2" auggested the roporter, “You had better oo Mr, Mitchell, the Goneral Bu- perintendent, about that,” was Mr, Newell's reply, R, MITCHELL seomed equally disposed to onlighten tho public, com- monclng with tho lucld remark that when tho rond waa vory hard pressed, some of tho best brakemen wera callod upon todo contractors’ work, A liitlo pushing and squcozing fnally eliclted tho admission that in consequence of tho threntoned staguation in froight ho supposcd thnt the Company would ho “obliged to let somo of tho men go.” 1low mavy, or what percentage, could not bo ascertained, M0, BAMGENT, Genoral Superintendent of the Michigan Central Rail- road, thought ity shippera would bo moro affocted than country shippers, o tho lattor could tako caro of thomsclves, They would koop on ehipping, and would o loss affcoted (Lion thoy aroat presont. 8o fur a8 tho rond was concerned, tho offect upon 1t was merely in tho number of tralns, A fow doys would materially dimintsh tho numbor of tralns. Evorsthing depond- ed, howover, upon tho turn money matters wonld take. “Thero aro very fow water shipmenta at prosct, tho ad- vanced ratcs of nsurance and tho prosont financia] lock-up combining to denden them, ~ Mr, Sargont do- clined Lo commit himself o tho quostion of reducing ‘pricee, ovading it with the romark that timo would do~ termine the immodiato eventa of tho futuro. Boveral prominent raflroad oflicials could not talk on any subject other {han the farmer, upon whom they Iaid tho responsiblity for tho prosont untoward con- Qition of affairs, “Thoy havo destroyed tho valuo of rallroad securities ; thoy have ruined our credit,” ap- peared to bo o provalling sentiment, AN INTEBVIEW with an agreeablo and ntelligent official of tho North~ ‘western Railrond was more remunerative in point of information than most of the othiers, inasmuch os it mado cloar tho following fmportant facts : Tho olova- tors and Btock-Yards woro now crowded to their ut- most holding capaclty, _Espoclally fmportant was tho crowding of tho Stock-Yards, for slock was “ porfsh- ablo freight, ” and they could movo no moro of them, 1t would bo simply uscless to attempt to abip moro to Ohicago, and there was nothing to bo done in that dircetion, Yostorduy morning Mr. Hughitt bad given ordors to movo all the frolght-cars from tho gricul- tural to the lumbor-dlatricts of Wisconsin, and tho oro- country of Lako Superlor, In order to utllizo them a8 much as possiblo, ‘Whiat wero tho wheat prospocts along the lino ? Tho wheit prospects had been enormous, There +was grain cnough in Minnesots to Leep tho Eestern roads crowded until noxt spring, and Tllinole and Towa. wero equally productive, Tho demand nbroad for wheat was hieavy ; prices woro excellont, but thero was o currency ta movo It, and thero it must romaln until rellof of somo kind came, What about tho discliargo of employea ? Thot was o very sorlous motier, fndecd, The'rond omployed an army of 10,00 men, Supposing that 1,000 woro dropped in this city,—1,000 heads of fame ilies deprived of the means of subsistenco by ono rall- rond, with & dozon otkiors to hoar from. Tho prospoct was o torrible one, ‘Would othor rosds bo compellod to cconomizs in tuat way? Certainly, they must, If the Chieago & Northweat- orn must, then all the ronds must. It was o painful outlook, but what was to bo dono ? MR, GRAY, General Western Freight Agent of the Lake Bhoro & Michigan Southorn Rallroad, says tho panto will affect railroads only 60 far a8 shipments aro concerned, and {n thintonly to a limitod oxtent, Mostusiness ia dono in drofts, through thoald of commission morchants, Theso drafta will not bo honored, ond such businoss mustthereforo closo a8 long as tho panio continucs, But thero 18 another purely local busincas which yill alwaye bo carried on, panicor not, This, au well og othor largo citles, must have provisions, and those provislons will Lo ULrought to market by tho producors themeelves, instend of tlrough tho commisaion morchants, 1o had no | fear that tho businoss of the road would suffer to such an oxtent e to muko it necossary for thom to dischargo any of {holr prescut force. Mr. Gray docs not (link that THE PARMENS' MOVEMENT b much to do with tho present fnnaclal orisls, 1t Doing ratlier thie result of {lio presont rotten condition of our greenback systom, Had wo a gold or specio baals, auch panics a8 thia could nover havo ocenrred. Although greonbacks wora convertiblo into Govern- ment bonds, still theso bonds could not be immediate- 1y convorted by those who are in need of the casl, thus compelling thom to suspend paymonta, LEWIS VIRLE, Genoral Frofght Agent of tlio Ohlcago, Rock Taland & Pucifio Ralirond, stotes that thelr frolght shipmonta tinve beon groatly diminished winco thle panio com- ‘monced, espechally grain sud stock shipments, which ‘businoss is mainly carriod on through the nid of com~ ‘misslon morchants and brakors, whoso drafta uro val- uoleas in such a panfo, 1f (s stato of affairs should continuo for somo timo it would compel them to dis— chiargo abont one-{hird of thelr prosont cmployes, Mr. Violo thinks that tho farmors’ movomont s in a great ‘mensure reaponsiblo for this stato of affalr, it aving produced a dopressing jufluenco o tho stock market, which provonted such bankors as Jay Cooko & Qo from selling tholr bouds, iR THE NORTHERN PACIFIC. 1T8 INDEBTEDNESS IN MINNKSOTA—OIERATIONS OF THR NONTHWESTELN CONATHUCTION COMPANY, Currespondence of The Chicago Tribune, MixnearoLis, Minn,, opt. 21, 1873, ‘Yon havo alreadly boou advied by tolograph thut tho fatlure of Joy Ouoko & Co, has Lnd but lttlo or uo ef- foot upon tho Ananclal cirelos of Minnosota, Bovoral voasous consplred to bring about what I may call this gratifylng result, A prophot has o honor in Lfs own country § snd the reason why the Northorn Pacifio Company iaa little or 1o outatanding Indebtedness in Minnossota i perhapsdus o ho truth of the Badduces axtom. Taving litile honor, losa ctedit nocessarily woa tho result, Thio firat work dono on the Northern Paciflo Tioad was tho bulding of 335 mites weat from Thompaon dunction (ncar Dulutk) by n company styled the Northe ‘weatorn Gonatruction Gompany, conslating of Dorillus Mortinon, William 8, King, Morriam, Dantol Ttobinaon, D. 0, Blidppard, A, I, Balen, A, Drackelt; Jolin Ttoss, W. W, Eastman, Washburn, " This Company got final softtoment with (I_u: Directory of tho Northern Pacifio Company on the 27th of August Inet, Everything was paid up excopt about $200,000, >for which Clintles B, Wright, Vic Tresidant and Flnanciol Agent of the Northern Pacille, gavo that Company's note of hand, Two of theso contractors fufori mo thnt thoy constilor tho noton abundantly scored, and {lnt thoy are mot atall alarmed by tho failuro of Jny Cooko & Co. Whon this stntemont waa mnde, 1 wa surprised, and dsired to know how and whero tho Company was to get morey to meot ils indobtedness, §f its authorized fduclary ngent was bankrupt? Ono of thom replied that, & yoar ago, whon tho Nortliwcatern Conatruction Com~ Pany ¥k preasod on all efde by olatmants, an applie cation wae made for aid to tho houso of Jay Gonnn & Go,, but without reliof ; and that day Gook & Go, had neter advanced a dollay to bulld tho road, Tlda being 80 contrary lo goneral bolluf, ho oxplained that Jay Oooke & O, sold Northern l’ncffl:bund!,blll that,before sccounting Lo the Company for uch sile, thefr come misaion waa doducted | Consoquently, the failuro of Jay Gaoke & Oo, ought not to bo attributed to Aany con- nection with tho Northern Pacifie, In other ‘words, Joy Ocoke & Co, have sustainod tho relation of para- sitos upon tho somowhat thin-blooded carcass of the great nothiormal theary of tho lats lamonted dacob M, oward, The fndebladnoss of the Northorn Paci Toad hero in Minncsots may, therefore, bo summed up in thix smount of $200,000,’ T mako thin ntatoment ‘because 0. W, Nead, tho Genoral Aanagor, says that tho Northorn Taciflc Company. regularly mbots its - dobtedness to oporatives aud supply agonts. Toxdny, howover, I have been Informad that clorks in the Land aud Attomoy's Dapariments o two or feeo montia ohind on thio pay-roll, To-morrow I shall yorify ona or tho other of thicao statoments, < Tho sccond lotting of the contract to bulld the Northern Pacific Road was given to Payson, Canda, Dorillus Morrison, Willilnm 8, King, and Georgs A, Brackett ; and covered tho diatanco from Morchoad 0 ihe Missouri River, 205 miles, Bleppard, Merriam, and Washburn wors loft ott in tha cold at {his lotting, and, for somo time, thoy hiavo beon feoling vory soro. Tt 14 statod an u fact thnt tho members of tho Northe western Conatruction Company mado $00,000 each off of thelr contract from Thompaon Junctlon to Moro- hend, As thoro wera twolve of thom, (¢ will ba scon tht" Joy Cooke & Co. had 'to filch $1,080 000 from the confiding old maids and farmern of tho country creto & fund which would afford {heso contractors this handsomo margin, To-dayan old Roman Catholio farmer told mo that, sixmonths ngo, he hnd $500 surplus, Io sought Investment ; came to Minneapolis, and consult- ed It, J, Baldwin, a tanker, Baldwin advised him to put 1tin United Saten bonds, But tho farmor fell upon a copy of Zarper's Weekly, and eaw thosplondid achieme_prescnted by Joy Cooko & Co, in Northern Paclflo 7-30 bonds, Tfe invested In that dircotion, and —to-dny ho weapeth n eackeloth and sslios § Yosterday, O, W. Mead, tho General Manoger of tho Norihorn Pacifio Tioad, had tho following paragraph printed in tho 8t, Paul Krening Dispateh ¢ “ Cooke's faliuro may delay matiors, I know that, four weeks ngo, when onr folks mot in New York, overything looked favorablo, Thero hos nover been ,000 <30 bonds authorized, and up to 000,000 hiad been fold, Tho other $7,000, 000 Gen, Cass and some of his friends arranged to tnko indopondent of Jny Cooke, and this 18 what was relied upon to bufld tho 205 milos, Now, I can't say ‘what effoct tho falluro of Jay Caoke may Lave, but T Xknow tho $30,000,000 waa all taken, and tho infention yvas, when other’ bonds were issuod, to make them ‘bear 6 per cont,” Obgorvo that Mr, Mead approprintea $23,000,000 to the Northwestern Conatruction Company (who built tho firat 235 miles) ind then innocently statos that ¥ T other $7,000,000 was relled upon to bulld the 205 miles 1" Bit I'ought tonot ta_criticlse Mr, Mead, 1Mo has probably been misrepresontod. RESS e RELIGIOUS. Xllinois Confcronce of tho Methodist Church, Speclal Dispateh to The Chicago Tribune, ‘Broowvaton, 1il,, Sept. 24.—Tho Iilinols Confer- enco of tho Mothodist Epacopsl Ohurch embracoan strip of tho State oxtending eutircly across it, whoso northiern limit posses through and includos this city and Poxton, and whose soutliern boundary pnases cast. aud west through Carlinville, Itisnot then surpris- ing that the assembling of the pastors of the numerous flocks of this large torritory has brought to this city mnearly 400 persons, “Iho first seeslon was held st Amie Obiapel to-day, from 9 a, m, until noou, which houra bave been fixed upon for nll Ressions horeafter, Blshop Wiley presided, and offer proyer by the Rov, J, 8, Akers delivered tho opening nddresses, All ]vm:nnt“fl partook of tho savramont of tho Lord'a sitppor, W. 8. lloaper, ivo yenrs In ofiicoWesigned {ho Sooro- targsliip, and M, A, Iowes was clocted, d. L, Cranc of Springfiold, was appofuted to propate o memorinl JopeE o Potok Curlyriglity andalso tho Commitico an Tublic Worship was fustructed to consider 8 momorial servicoin memory of that divino, Two resolutlons favoring tho enlargoment of dls- tricta to from 25 to 30 appointments wero read ond re- forred, “Who aro supornumerary preachers?” was dis- gussod fully, aud o nubor of nemos placed onthat ot, Members of the varlous atanding_committecs wero appointed ; also o Gommittes upon Quincy College. A lorgs number of visitora are present, among them Dr. Edwards, of Ohicago, sud the Rov, Mr, Cameron, of tho Bt, Loifa Book Concern, This ovening Mrs, Whitteninyer, of Philadelphis, adilresses tho Conforenco, Amecrican Board of Forcign NMission: MryneavoLs, Minn,, Sept. 24.—The sixty-fourt annunl meeting of tho American Board of Commis- Missions mot in the Academy of T, sloners for Forel Music, Minnoapolis, to-day, at 4 to ordér by tho Rov. Mark Hop Ovor 3,000 atrangors wero in_atte: auditorium of the Academy was _crowdod, 0. E. Dickinnon, of Elgin, 1il, was eleotod Recording Secrétary, Tho Tov. 8, B, Treat, Secretary, read s roport on {ho Home Dopartment Work of tho Board,which spoke of the deathis of elven corporato membors during the pst year, Bpecial mention was mado of tho 1fon. Ohorion Stoddard, Tho roport shows that o largo number of missionaries havo joined tho work of tho Tioard, Tho roport says that tho financlal futuro of tho Board i not hopeful on account of tho lack of con- tributions of churelics to tho work, “Iie Nov, Dr, Clark, Assistant Becrotary, then read o roport on the Forcign Department Work, fn which ho soviowed tho work i tho vartous Sulds axong Lo Tudiaus, “Ihe Tion, Langdon S, Ward, Treasurer, reportod the oxpondituros for the past year $435,078,63, and tho ro- Colpta H21,39142, lonving the Doard in débt $13,087.11, Tlio Board 18 also I debt §13,309,14, making a total debleduuss of §26,086.25. "At the ovening siession Prof, Julius 11, Scoley,of Am- borst Gollege, preached an ablo sormon from tho toxt “Romans, 1x. 25, To-morfow s will bo rend, by Secrotaries Treat and Clark, and Dakota Indians will bo presented, BEGOND DAY, MiNNEATOLIS, Minn,, Sopt, 24, ~Tho second day of fuo meeling of tho American Dosrd opened with prasor by tho v, Mr., Montague, of Fort Atkineon. Bagiers wero road by tho Rev, N. G, Clark, of Hoston, on'tho devoloping power of tho Gospel, snd by the Tiov, L. I, Treat, on tho presont duty of 'the Board to ity misslons. Tho luttor wan an rgent request for ‘more Inborors 1n tho fleld, aud more monoy {0 proso- cuito the work, I, A, Burnct, Iny preacher, made an addresa on the relation of migsions to parénts, recommending tho consocration of children {0 tho work, Tho Board then adjourned to afternoon. “Tho uftornoon session wna opened by an addross from two Indian preachiers, Thoy apoko through nn intorproter in tho Dakota laugungo, ond mado great impresston. Thirty Dakota and Ofibway Indlana wero on the atund, sud sang for tho audience, “Tho Rev. 8. 1. Kiggs, for thirty-nino years mission- ary to the Dakotas, mudo an nddress i which ho ro- Inted his oxperionce, and tho resulls of the work, Ho was followed by Dr, Treat, who mado an exhaustivo reviowof the nocessity of the Indisn missions, and waa called President, g ‘he address of tho day was mado by Prof, Sccley, of Amberst = College, on his Tecent tour' in heathon lsnds, ' Ho held that education was not suflicient to bring civilization to tho hoathion, but thnt the Gospel Was nocessary, Mo doprecated tho courso of certain religlois papers, who said that tho Bible must bo taken from 'tho publio 6chools in {bis country, if it Svas domanded, for fear {hat tho school syutem would fall, 'Ho safd, Jet §t full, Tho com. Thou-schioul systom 16 1ot tho sulvation of tho country, but tho church of God 16, 11l addrees was listened {0 by au audieuco of uearly 3,000 peoplo, Tu tho ovening meetings were held in the Acndemy of Muso and in Vlymouth Church, and addresses wero mado by the Rov, Dr, Schneldor, of “urkuy ; Rev, I, Tarsons, of Bosion : Rev, J, F. SBwith, of Turkey ; Kov. J, E. oy, of Chicago ; Preste dent Merriman, of Ripon Coltoge, and ‘othera, °A reunlution wan pnesod instructiog the Prudential Commiiite 10 appolnt & day on which tho ncedn of the Thoard i both nion and furids shall bo presented to ull tho ehurchos of tho land, An invitation was read from tho people of Boloit to tho dolegntes to spend tho coming Babbuth n that eity, Aftor tho session, o rounion of Wiliams Collogo gradvntes was hold ot tho Drigham Iouso, Twenty Soru prosent, sud wero nddressed by thio ‘vonerablo Drestdont of tho Collogo, Dr, Mark Hopkins, Bupper was had ufterwards, The Now York Episcopnlians, New Your, Sopt, 24,—Tho annual Diocesan Ftato Qonvention of the Protestant Episcopal Church begun to-day in Bt, John's Ohurch, After tho morulng rayer and communion service, Blshop Koifoot, of Pittvburab, assteting, the Couvenfion adjourned il to- ‘morrow, OBITUARY. Francosco Guornzzo. Roate, Bopt, 24,—Francesco Guorazzo, who w cintmed” Dictator ot omo in 1849, dicd yestor aged 05, ayy THE WEATHER, WasiyaroN, Sopt, 24,—On Thuradsy for Now England tho préastiro will diminish, with froals castorly 10 southorly winds and fucreasing clovdiness, For ths Middlo Stales, fresh and brisk winds, voring to the southoast aud’ soutliwest, cloudy weathor aud_rain, Tor tho Bouth Aflantio and Gult States cast of tho Missisulppi, gontlo and frcsh winds, montly from tho southeast aud southwost, gon cloudy weathor, and rain arcas, For Tenfiesseo aud tho Ohlo Valley, cloudy weather, rain aud fresh ~to brisk winds, veerlng 0 tho west and norlwest For the Lowor Lako region, brisk and high winds, 2 2 yooring to sonthorly, cloudy weather, sud rafn, For oo U par ‘Tako Tegion, dlondy weathor, rain, and brigk and high winde, tho Iatter’ shifting to westerly and nortliorly, with cloar and _clearing weather, ¥or tho Northwoat, northorly snd westorly winds, and cloar and oloaring woathor, Thio atorm contro in Wis- connin will probnbly mov castmard nlo Canada, Cautionary signals continue at Facnnlha, Milwnukes, Ohlesgo, Grand Haven, and_aro ordorod for Detrolt, Toledo, Uleveland, Erio ‘LrrrLr ook, Hopt, in tho weathor ‘mortality from ~Tho el {ho last 24 bours have increancd the yellow fovor, Thero were eixtcen intermonta from all Qironsoa to-day. Vory fow now casos are reported sy, A R FAIRS. Definnce (0:) County Fair, Special Dispateh o The Chicago Tribune, DEFIANCE, O,, Sopt, 24,—Tha Doflanco County ¥alr wan fully oponod te-day, Tho grounds wero covored with poople from this and adjoining countics. Boveral departmonts are woll llled, and it 1s thought tho fair will bo & much gacater success thau has over bofore ‘been attained, g.i‘l.\l! department of atock and poultry will comparo favorably ith tho Iarger faira in tho Htate, At 2 o'clock Brick TPomoroy addresed a largs sudience on the grounds, which woro Hierally jsmmod to hear the gentloman, ~His address ‘waa on tho aubjoct of agriculture, which was vory ably hiaudled by bim in a speoch of an hour and a half, At the concluglon of his romarks he rocelvod hearty snd prolonged cheors, To-morrow thero will be r!dlns and driving races, and on Fridoy thoro will bo gran tournsmont of fire-ongines, The Frovincinl Exhibition nt Lons don, Ont, Spectal Dispaleh to The Chicago Tribune, Loxnon aant Al Tuatee, coamas oo attondlng tho Provincial Exhibition holding here. Though tho show of live-stock and machinory is splondid, that of arts and horticulture is behind oxpoctations in quan- tity, Othor departmonts compuro favorably with former years, Tho anuai meeting of the Ontario Fruft-Growors' Association Lias Just boen hold here, 1t hios 3,000 mem- Lors, Tho Nov. Robort Buruett, of Iamilton, wes ro- olacted Prosidont. ‘Wonona Unlon Fair, Special Dispatch to The Chicago Tribune, WeNOWA, L., Bopt. 24, Soveral Herds of fhorough- brod cattlo’ from diffaront, parta of the Htate will ar- rivo this weok, and bo on oxhibition at the Wenons Unlon Fair, which commencea on Monday noxt, and continuea flvedays, Information hins beon recolved that o fino Kentucky hord will also bo hero, and everything i in roadiness for thelr recoption, The Union Association, compoged of four countios, hos & fino cloas of buildings and magnifcent accommodan tions for stock, The attendance promises to be im- monso. Promliima ara paid in cash, on the grounds, ?;11': Wenona Indez will publish a daly during the Eivingston County. Special Dispatch to Tha Chicayn Tribune, Pontiac, 1ll, Sept. 24,—The Livingaton County Fair ormnd liero to~day, Raining hard. Tho pens are all full, the finest exhibition of atock ever shown in ths sountry, Hogs suporb, Thero was nohing ko it oven at the Stato Fair at Peoria, There are Ohesters, Berksbires, Polands, snd Essex. V. T, Strawn shiow n finoherd of short horus, W, H, Matherson, of doll, lins also a beautiful hord of Aldorneys. 'The Atabléa arealso full of troltng horacs, and sbould the wenther prove favorable good aport iy bo expected. Tho Falr will continuo until Ssturdoy, Washtonaw County (Mich,) Fatr. Spectal Diggntch to The Chfeago Trtbune, ANN AnBon,’ ch., Bopt, 24,—Tho Washtenaw County Fair began Lero this morning with & fine open- ing and good attendance, Tho weather is fair and the ‘Prospects aro good for a successtul exhibition, The Springficld Show. Speciat Dimalch o The Chicago Tribune, BramvarieLD, 11l., Sopt, 34.—Tho woather has been unpropitious, and our fair, 80 far, Las not beon fluanclal suctess, Busincss 'will clodo to-morrow af- ternoon In the city, if the day should provo fing, and & largo crowd will doubtless bo In attendance, Indiana State Exposition. INDLANAPOLIS, Bopt, 54, —Tho Indinua Stato Exposl- tlon hiam entered upon its third wock, and 1 incrensing inintorest dafly, Tho attendanco 'this morniug was Dy for the Iargeat of any day sinca tho opening, SPORTING. the Fight=-Allon Orying for Tore Men to Whip. Special Dispatch (o The Chicago Tribune, 81, Lovts, Sopt. 24,—Tho Allen-McCoolo mill being over, sporting matters buvo resumed their wonted quiet, Nien wonder now that they over thought it n protty oven thing, and eay that McCoolo waa foollsh to supposo ho could stand up in tho ring agalnst such sn antagonist, Allen has tho sympathy of tho better class of pooplo, as thoy think ho was bullied into tho Hght by Miko snd his frionds, He epont {o-lay In recefving thio congratulations of hia admir- ers, whilo Mike was hoaling his brajsod and blackened faco in o closcly-ourtained opartment. It s not thought MecCoolo {5 permanently disfigured, which grioves the moral part of this community. THE ALLEN-HOGAN DRUTALITY. Thio Tnst doposit will bo mado and tho final srrange- ‘ments completed for the fight betweon Allen and Ho- gon at Jack Looney’s ealoon to-morrow afternoon, It will bo for $1,000 & side; snd Will come off within thirty doys, at somo placo mot far from Bt. Louls, Hogan is much smaller than Alen, but his frionds Tiove o great deal of confideaco in him, and say ho will make o good fight, Rumors of a fight botween Cobura and Allen aro still afloat, 3 TUE DOAT NAOE AT HALIFAX, New Yonr, Sept. 24.—Brown won tho boat race at Halifax by soveral lengt] “Theraca throughont was well-contasted and oxclting ; tho dintanco five miles, Tho winniog-line was pagso: by Drown in 38 minutes 45 seconda; Biglin 30 soconds later, or ive boat-longths bebind, Brown alted upon il aurs until Diglin camo up, wien botty ddled to the reforec's boat, and recoived the official Hociuion of the race, Drows and Diglla thon rowed toward the shora together, and were received with cheors, In anawer t0 a question of a by-stauder, Dig- lin ncknowledged that it was o fafr beat, Tho excito- ‘ment hero to-night ovor thoresult s intenso, Largo sums of monoy changod hauds, After Races ot Fort Wayno, Special Diepatch to The Chicayo Tribune, Fonr WaTNE, Ind,, Sopt, 24.—A serics of races took place at the driviug park this nfterncon which wero emiuently succeasful. Although thodny prezonted the appearanco of rain tho attondance was very large and the track in good condition, Tho first race’ was_for & purso of $400, mile heats, bLest threo in fivo to barness, Two uorses wors cntered—Jennings' b, g. Victor Hugo and P. Edsall's b, g, Burprise. Victor Tiugo was the favorite, ond it was thought wonld win 1ho raco but, contrary to the knowing_ones, Surpeisa won {in {hreo straight’ beats—time, 2:52, 2.6, and 2:60, Threo other races wero rum, bub woro not of much consequence, A large amount of monoy changed hands on tho result of the frst race, SHIPWRECK. Loss of & British Steumor and o Por tion of Hor Crew. Quenzo, Ganada, Bopt, 24.—Tho steamship Medway, from this port, for London, 1s reported wrecked in the Blraits of Jiclié Tslo, Soveral of tho crow wero drown. od. et ) GRAND LODGE OF ODD FELLOWS, Special Dispatch to The Chicago Tribune, BrRmGEIELD, Sopt, 24,.—Tho Grand Lodgo of the Indopendent Order of 0dd Fellows will convene, in 1hta clty, on Tuosday, Oct, 14, To provido for tho ro. ception and accommadation of delogstes, the following clroular In fsated : “ Grand Lodgo sosslons will bo held In Represcnta- tive Hall {n the State-Houso, The reception rooms witl be the oflice of the Becretary of Htate and tho State Library roome, = which will sso bo fho genoral headquarters, You aro earnestly requesicd to report at (heso rooms on your arrival in this city. ThoCommittoo in nttend- ance will furnieh you with o_cnrd, which will boa neceasary voucher at the hotela for'any roduction in thoir raten, If youhave not aclected o stopplng-place, you can obtain all desired information of tho commit- feo ot tho recoption rooms, A number of leading railrouds will givo excursion Tatca to dologntcs DEATHS, Tn this oity, Sont. &3, Mary Duras, boloved f man Hurne, 10 yoars, «_ Fugoral will tuke 0 fram hor lato residonce, 294 Mazwollat., Thuruday, tho 5(h 1nat., at 10 oiolock a: m:, to dosult Gliurol,, whoro funoral xorvicos will bo hold, e e erat Ehflaolvhia papors lesso sopy. ST IEIORD AL Evaustoa, T, Bopts 3 Leandor O aaa R B, at 1 alack p. TN LI Roas, daughtor of I, 1, ani Ei dat, of acarlot fovor, axvd 3 yoars, 6 Funoral from 230 Huron-st.. ____AUOTION SALES. ______ By TAYLOR & HARRISON, TIIE ENTIRE FURNITORE IN i 0 Dwellng No. 21 North Garpenter-s, ©Ou THURBDAY, Sopt, 5, at 100'olock. TAYLOR & HARRISON, Auctioncors, A SPEOIAL SALE OF Dry Goods, Notions, aud Culery, Frldsy Morning, Sopt, 26, at 93§ o'clook, 31and 33 h By HODGES & CO. W WISy DY AUCTION, AT THE Private Bosidenoo, No. 336 West Adams-st,, On FRIDAY, Sopt. 9, &t 10a, m., tho enjire contenta af o o' Engliah b tory wetling, cousiatin 04, Sirauaets, thresei 7 npral and siaie”ourpat esutiiul 4 -room, aiitlug, four or- e Kiobon, ‘and Iagadey the, ouss farhiehed 60 hi d lsundey; bt nJA'm‘-'-::li’a',' -‘fi.:':x“m;:lho wighon. Bidders, as tho ihe shroad. “Taok out Tor omaee A A A 60", Austionaers, 010 Wost Laks-at, AUOTION SALES, By WM. A. BUTTERS & CO. ‘WM. A. BUTTERS & CO., AUCTIONEERS, Bl o T s s Lk Joota and Morowudtio, At 15 & 17 RANDOLPIT-8T. TRogular Salosrooms for Roal Katato, Room 2 Ilawloy Building, 144 and 146 Deare horn-gt,, cor, Madison, FINE STOCIK or Cstom-made Glothing, Furnlehing Goods, Woolens, Fanoy Dry Goods, Hataauq Oaps, Bhirta and Drawors, Hoslery, Boots and fikoes, at auctlon, on THURSDAY, Hopt. 35, at 058, m., at our Salasrooms, 16 and 17 Randolph- WM. A. BUTTERS & CO., Auctloncars, TEHE SALB OF THE, Marble Front Building 222 WABASEL-AV. Tlas beon postponed to MONDAY AFTERNOON, at 8o'cloak, Sopt. 20, The Sale is Peremptory, And will be mado ontho promlsos, Byordor of tho owner. ‘Wm. A. Butters & Co., Auctlonoors, 144 and 146 Doarborn-at. REAL ESTATE SALE or Lots on State-st. Lots on Vincennes-av. Lots on California-av. Lots in Norwood. On TUESDAY, Seot. 80, at 10 o'clock a. m., at our Roa] Entato lloom, 141 and 145 Dearhiorn-st, A BUTTERS & GO., Rool Kalate Auctionsers. 4 = = By ELISON & FOTTER. ATUCTION SALB oF VALTUABILE CITY PROPERTY, On Saturday Afternoon, Sept. 27, At 3 o'clack, on the ground. Ffih]lfi Lots 7 and 11 in Block 13, and Lot 13 in Blook 8, of Duncan’s Addition, each 60 Togt front by 135 foet doop. Lot No, 1l tronts west on Bangamon-st., betwesn Adams and Jackson-ats, Lot No, 7, onat front on Peoria-st., botwoon' Adams nnd Jackson-sta, Lot 13, Bloock 0, wost front on Peorin-st., botwoon Monroo and Adams-sta. Theso Lota aro contrally locatod, embracs }n ‘tlhe x:guafi dosirablo property to be found n tho city. "P'ERMS OF SATH-Ono-third cnsh, bal- nnce in one and two years with 8 por cent intorest, Title porfoct, Abstract furnished with each Lot. BLISON & FOSTER, Auctionoers, 87 Markat-st. 663 8. DEARBORN-ST. Botwoon Thirty-socond aud Thirty-thisd-sta. COTTAGE AND GROUND AT AUCTION, BMONDAY, Sept. 29, at 8 o'clock ON THE GROUND.J. Cottage has 8 rooms, with gas and wator. Lot35 fost front by 112 feot deop. TITLE PERFECT. Tormsof lo, ono-third cash, balance in monthly payments. A deposit of 8100 required at time of salo, ELISON & FOBTER, Auctionaors, 8 Barkotat, BY GEO. P, GORE & CO., i 88 & 70 Wabash-ov. 1333 Indiana-av. Household Furniture Of a first-class dwolling (13 rooms), AT ATUOTION, Parlor, Library, Chamber, Dining-Room, and Kitchen Furniture, ltoglish Body Brussels and Velvet Carpots, Parlor and ook Stove, on TIURSDAY, Sopt. 2, at 16 ‘closk. GRO. P. GORE & CO.,'Auctionobrs. AT AUCTION, On THURSDAY, Sopt. 2, at 10 o'clock; our Regulas Buggies, Uurringes:;;é Express Wagons, Double and Single Harnesses, . P b 30., Aucti; ), GED. ¥, OIS G, e, AT ATUCTION, Book Cases, Wardrobes, Parlor and Cham= ber Sots, Black Walnut Boedsteads and Bu- reaus, Sotas, Lounges, Tables, Mattresses, Mirrors, Offico and Parlor Dosks, Bhow’ Casges, 30 Orates W, G. Orockery, 50 pack= agos Glasswaro. AT 13 O'CLOCK, Top and Opon Buggies, Rond Wagons, Ex« press Wagons, Doublo and Single Harnesses. Strangers should oull and see our large stock and the flnest Auction House in Amerioa. On SATURDAY, Sept. 27, at 9 o'clock, prompt. . P. GORIE & CO., Auctlonoars, GEO. 4 000 st inma By C. C. THAYER & CO. LAKE SHUR@UBBWISIUN WINNETKA, The Hudson River Prop- erty of Chicago. SECOND AND CLOSING SALE OF BEAUTIFUL GROVE LOTS, Looated on and noanr the Lake Shore, 40 to 90 fost Above the Lake, AT ATCTION, On Saturday, Sept. 27, 1873, ON THE GROUND, This property 1s vary accorsiblo totha city, aud offars portootly puro alr, UNONSTIRUOTED ACOESS TO THE LAKE, & magniticont view of the ontiro ship- ping to and from Chioago, Tho willage of Winnotka i aituatod on tho Acat high ground morh of Clicago, about 40ta 90 foet abovo tho Tuke. Tho oasy dratnage, froodom from swainys and ma- larlous breozor, the bosuty and varloty of its soanory, and Ita fine freah e make it tho most dosirablo of subur. ban tawa for rosidonce. Tt liss good Sqhvols, Churhios, and an_ Acadomy, conduoted undor tha auspicos of the Ohicago Univereity; has good storea and markots, and some of tho muat bosutifal rosldonces {n tho county om and nosr tho Inko shore. Tho histary of all largo oltise Dravos that tho raost atteactivo and dosirablo rosidonca Foporty 1t I (ho vioinity of iarko haius of wtor, s i bios el LS K o8} 3 B e ae tbio STORT DISTIA BLE SUBURBAN PRoB TUAGO. Tho Tailioad ageom. ht ROPRITY. NEAR OIF Ttdatioas aro ainvio, Bovon traitia enciiwny datly. Tiile 1 t. ~Abstraots of titlo furnlshod, o B e Ghortied cush, snd balance tn o aud two years with futerast at Bpor cont, A dopostt of 10 por oont on tha valuo of oach lot will Ly roquirad at Yimo of aalo, and balauco of firat payment withiu 30 days, A SPECIAL FREE TRAIN B R T A e R oo 2 e bahad Progy Turtior fuformation and plateof the 'HAYER & CO., Real Katate Auoti AT o it Madi MEETINGS, Masonic. , No. 160, (Tharsd aroneantln, TOdon N oXfonull Shuh B 1talls st for -oxklm tho M. % Dopien: _ Visliug brothros or My tavilod, - By ordor ofthe R %, Jom, Bec's.