Chicago Daily Tribune Newspaper, September 25, 1877, Page 7

THE CIIICAGO TRIBUNE: TUESDAY, SEPTEMBER of which wns that the Filclity ot nelther fta clined to accept on any terms what- | quently got my money, the othel TR COu hank and the ect off ‘latmed hy re 14,800 1bs reed; Omaha, Morris, 5,000 bo col b » ¥ A CRUSHED. rinclpnl nor (s futereat, i Lhat ft i« now al- Y T 2 VATIng Ehalalin that T renrestnted it | Posls Being betwnem the same. uetaoma. and 10 the | Grase Grioid, Ainaake. b.0%0 i eorts Won: | Ba? 5ok By, Albass, Kinmston, tn7as bo wheat —_— ‘vm::l that the amount duo to lrhlnrlmll'nsz lm(l; e R oN T]lll BTIL OP SECTEMIER it W DiD TOU PIND OUT :"::fl;';':lrgrl(ly';‘:bfi.ul‘ugmf't_[rr:hlri; ’gn':l!‘r;rfl-&vil; fi,a'l!, ;n‘t&)-?m rr,.rv»m ba com; W. J, Roeback, | Lake, 200 bu osts, and sunaries. eond Page. Interest, ontes abont IXGOI0. Fart of [ Mr, Haines had a coupie of gentlemen over i | that Hafnes had thin worthless stuff 1" e bl ) e i e coft: = ——— (Lbnfinned fhant tha Heagnst Tage:) thi, of tourse. In gone. The bulliding, accordie | s bunk, anid tatked the mattor over with them, |~ When the matter_came i Inthe conrts [ | §ae unlew leara of Court ‘bo Arat had and ab- [ | Cleared = Montang, Ottsws and Marreilles, 07, - PATENT CASE, ’T certain pleced of real estate which had | to Mr. MeVicker's estimate, fa provably fafrly He showed them b naseta, the charncter of | hwl tolook up the fiqures, Ninety thiand Tiis cleendebtors & chance to et off the | bers Florenee Hover. Lotkport, 75,000 hricks 87. Louis, Sepl. 24, —Justice Miller dellvered taking o e the bank, havioe the warth 870,000, That is, It n peraon were to huy | which they did not {nlly andersand, and they | aiiars’ worth 6f the bouds toukdi'e be s 5 ance h f wk 10 e, Konknkeo Faeder, 10,000 1 , 5 heen aequired by the bank, having them av- S thia: einid it 4 Amount they b horrowed from the bani | | ¢, Kenkatkee Feeder, 40, t | adeasion in the United States Circuit Court Teatt tuation conafderably nbove the | it for fhat, it would pny him a reasonable inter- | camne to the conclusion that he was in a very | cotinted for. After a guind deat of nettiforeing it thiet (i 0 Tt el Tivie 1 10.090 fathi J. MemaM, Rankakeo rafeCe 2 @il the bank cauirei thens, and [ est on bls niovey. Tale ot o 85 oxprrart UKmeniven oy | abdfo-exanminition. we foriel that SUAw of | ANt helr b ot It efectunliv ents | PEREL R MT.00 22501 ST FIEIRSS | thts morning In ghe cnsaof tho American Mid- "‘1’{1..‘”Em"\nnmm-e R Rl the street. Duiing that same week he had | the bonds were in the Fldelity,” off any speentation in buylug up bank-tooke, | 85,000 tt fambar nnd 4 inth: Thomse Bectt. | diings Purifler Comnpany against varjons miilers cal calletf around npon two or threq bankers anil asked them In o gencral way {f they thought he could get accommodation from thewa They aald certatnly if he could put up wood tollnterals, On thie 10th, however, the run apparently subsided. Instead of forty to sey- enty peopie In the lmnk, thers wore nnl{ ahont four at a times and be sent around word to the banlicra with whom he had eonvessed to the ef- fect that he believed lio cauld pull through, and shonld not require anv asslstance, But at a time subsequont to this Inspection {‘e‘lu‘md to above, Mr. Latnes hecamo convinced I and offsetting thew agalnsy debta either for stock of on murtgages. INDICTED, The Jong-looked for Indictinents agalnst the State Bavings’ ofliciala werg retarnod into Court ]l'.!lcflln¥. Spencer, Butkley, and Guild now mtand Indicted for the embezzlement of 8700.- 000, What the fndictments will nmmint tosn, far na the apprehension and punistinent of tho indicted 18 concerned. remains to be scen, Spencet I8 certalnly out of reach of the lnw, but the other two may not he. Tho capfases for thefr arrest wiil, of course, b proinptly issued, aud the fature can only demonstrate how much good the proceeding will do .the fesced de- positors. e MYERS’ BEK-NIVE, TENQING AT TNE NOOKS. Mr. 8. D. Ward, the Recelver of the * busted bee-hive," haa nearly completad his Inventory and balance-sheet to date. He has been ex tremely unfortunate iy respect to flnding ma- sets, and can mive no information on that sub- cet. % But," says Mr. Ward, ™ Just as scon, Mr. Reporter, as 1 do find anything, why, of course’ Igwill let you know," Then the repurtor eame away, well pleased that Lis surplus capital was in° United Btates bonds. ine depreciation in the valio of this property TIIE RUN BEGINS. as heen go great that this surplus has disap- THE FINAT STAGES. When the assault bezan upon the State Say- ings Institution n July it soread in a dav or two Lo the Fidelity, elther because that was so near, or because uubts wero entertained con? cerning its entire solvency, That run lasted for a few days Uefore the enforcement of the sixtg-day rule was declded upon. Soon after it was put into practice the riots eame, and the exeftement apparently dropped. There waa atill, however, o constant drain _upon the resources of the bank. At first Mr. Halnes had thoneht that he conld kitl the thing by paylng out when people came for thelr muney. But he scog found that this would not o, and was driven to the ndoption of restrlctive measurcs. He concladed that the run would be ant to keep up for some time, and_ therefore set hiimself to work to convert what stufll he had avallable into money, 118 STATEMENT OF JUNR 30 of this year was as follows: REMOURCEN, * ifow did Halnes eome to inake such a miser- able fuvestment 1! “AVell, {t eame about'after Lhis fashion: The {1lobe Inturance Company—in other words, Geourge K. Clark and Sudney I, Whalker—were dolnz. business with Ufe Fidelity, where they kept an acconnt. These guutlemen” were also stoskholders in the Cou- etruetfon Company. 8tock was taken by the Glohe, althonglh ‘It stox! (n their name. Through that chanopel they reached Haines, Just who masde the pegutiations 1 don't know, The bonds are stmply evidences of Indebtedness agnint the Iilinols Rives Rallroad Company, nmI"nu- not worth the paper they'ra written on.' = N As Mr. Buchanan seemed to bo rather a ‘lnowing eme:, the reporter aaked him )t he wna Inmilfar with any other investments Mr. Halnes had made. “ Well." aard the gentleman, ** he invested rather larzely, it {9 sald, tn Bowers' frog-ponds down at Calumet. Just how much he stuck there 1 don't know, Bt ANQUT THR SILLIEST THING I 1A DONS that [ have any knowledge of is in connection with a certain ‘small savings institution, [alnes tartedd out a short time ago to keep this oue- herss fnstitution from falling." “Why should he do that! What earthly connection Is thera between him and it “* Halnes thuught If it failed, the fallure would get up o big run, and ho went In and tried to Marsellles, V1,403 [t Innioer: Dolphin, Ottawa, A2, 18 [t Jumbet, 130,000 hinzles, and 6,150 lath. —— LAKE FREIGHTS, CHicaan, Sepl.dt,—Vesacts were in falr demand nt stronger rates. Corn wan taken at 4¢ to Bauffalo, Raom wax engazed for 125,000 bu whest, 276,000 bu corn, 62,000 bn oald, and 20,000 bu barley, Charters: To Bnfialo—&cha B, SpryyR. Winslow, E. Carning, and M, E. Trembdle, corn at 4c; echr Golden Wost, oatd at fes prop U, Camphel), wheat stiiic; barga D, W. Powers, barley at 4c; prop Arabin, wheal, corn, and oats through: prop —, Arhest thrnozk, Ta' Daweso—Schr Foiger, wheat at®ie. In the afternoum the ache L. Cooper.com to Collingwoad, . Tho bark Great West wan chartored tocatry dealn to Jilugsiun at & pes 1400 feel. Schre C. Lnling and Xetabo; m.‘wl..‘lm for ncowerd and §1,181% for rafted Tomber atongmide, + from Ucontd ta 4ha port The bark Conetitntion ia charterad to take 3,000 barrels of ofl for (e Standard and Pioneer Coni- ;‘:'.!,lec‘u. of Cleveland, Lo Green Day, early next In this city. It refuses the Injunction applied for, rut requires millers using the flour-making process in dispute to make monthly roports to the Court of the smotint of flonr made by them, and to allow plaintlfls to examine their mills If they desire to do so. The case will cume up 'en its inerits at the next spring session of court, it the plaintiffls #o elect. Defendadts ara ready tor tria) at atry time. e —— Tlappy tidingy for nersoms sufferery, and thote who kave been dosed, drngred. and quacked. Pulvermacher's Elcctric Bels effectualty carn premsiuro dehility, weakness, and decay. Book :r;\:l".mmll' with Inforniation worth Lhousands, free, Address Puivetmacher Galvanic Co. Cincinnati, 0. P CALOMET, rom 1373 until the tme of the Julv panie the Fidelity_ran along unquustioned. 1t went through the panfe of 1873 with- 1, fcult! 1ts - President, the con- m‘mngl spirit, had alwavs the reputation of belng an exceedingly cautlous, careful, con- ervative man. [t was not helieved of hin that JErTould be caughit by any of thoko traps which same other bankers diil not avuld. Of sume things lie did_ steer clcar, He has none of Bam Walker's paper, none of Mr, Honorc’s; bnt he was Dot cqually fortunate In avolding certain other balts for'the unwary, Soon after the passaze of the act of 1860, which created the South Parks, he, with rome others, bought alot uf land In Bec. 81, 15, at the pretty fair price_of £100 an nere. - 'This land Jies about midway between the Bouth Parks and fowth Chicago. — Bome of his associates sub-diviled thelr property and svld it for _As high a8 K an acre. e heldl on to his atlotnent, which was fort aercky until the fnah times had passed; nog ' then he would not sell beeause he belioved in a yevival of valucs down there. e was also ono of those orlginnlly Interested In the CALUNET & CHICAGO CANAL & DOCR COMPANY. ‘Adarge aliotment of stock was mada to him soon_after. the charter was obtained, and on 117, COULD NOT PULL THROUGH; and he was satisficd that hifs career as a savings- banker in Chicago was over, For that reason ha enlurred the regulations in the existing by- lawe, and also had themn so amended os to pro- vide for the Jmfmunl of deposits onl at the rate of 1) per cent " a month/ after the cxpiration of the nlxly-dn{ notice./ Re deetred to be his own Recciver, to liguidate his own nsacts. It made no differcnce to him what degree of Ruhllc frritation mizht ba eaused, hecanse he had no Intention of continu- Ing in the banking business, and nio desire 8o to fcLas Lo secure a continuance of patronuge. His only object wastofight off, and to gain time, He belfeved that, by the ald of the law’s delay, he might bo able to protract mattera until fic conld linally settie with his depositors, Ile be- llevod that, if an appileation were made fora “""“T:ii-“o%il'rlxox B.:I’;:;'l G CHICAGO | INTER-STATE EXPOSITION. Now Fully Ready for Le Pub, gy PORT HURON. . Spscial Dismalch Lo The Chicago Tribune, Port lrnow, Sept. 24.—Down—Props Cuda, Nahant, Winslow, Araxes sna barges, Hgyptian and consort. [aviathan with Lottie Wolf, Irs 1. Owent and consoris; schenIily of the Slralts, James Norns, E. R, Tomer, A. 11, Mose, Cash and exehanze Government honds, Btate of llitnols, City o cazo, ancrathier bonds.. -8 @710 | Roceiver, W be 1 to the Su- | help them out, just as pencer worked 4l GERMAN SAVINGS. Sary Taitle, N, C. Wost, Haltle Weakn, Swallow, ‘s Q1 tho othors, 24 per cent por 8 ¢ elver, thers coul an appeal to the Su p out, just as eer worked thie aante ) s Complete In all Departments, and the fimeat rey 1hixhs P tomurtion Pt Derinun | B o e O ohaay 288 | preme Court, and that the matter could be | scheme with Byincy Myers. Befora he mets ALL QUIET AT GREEREBAUN'S. Uelie lantcos, New Nominion, Eliss Allen, | rsentative cxhlbition of Ameriean Indusiry and 0 'Bubsequently, whon tne rcorganization | Firt-mortuago loann 0n real estat Gon iy | wanded off from ferm fo term untl he had | throucl swith this little yeuture, e or s bunk | A roporter for Tie TRIBUNE Weut over to the | Stampede, Magele Meflae, Laura Shandos, Lizzle | Ary ever held—ofual tn quality to the Centennial 0, plice, the stock was all turmed over to O, | Hev 4 2,001 | prociically closed up bivaceounts with s ered- | Wil lave L‘;:;'}‘mmgh:'“}mng“u‘,}"fl“f",’ "% | German Savinga-ank sesterdas afternvon, and | A Lo S L. Weaon, C. 11, Minch, lalatead, | or 0 s Cexipnalsl X e Frrbdi 0000 | Itors. ce hich they ! fp—Props Onelds, fason City, Ocean, K. K. Yal d ; ff‘{mnsu? ;‘;‘,l:l:gl“r'c: " 'figl:'llffil;m:{-;zfil AE | e and Bepository tf 85477 The papers and the depositora become 80 sc- | are located, with the privileze of buging, fur | found shings in that Iystitution unusually quiet. bank, Anna Sralth, Nebraka, Fortar. m.umhen‘:: suLst oo l(l;l-ll‘lient perton of the Nortawent fal rtook suy part In the manarement of the | Property account, includ 18,413 | vere, however, the 842,500, Thicy were to pay him 9 per cent semi- | There was not a person _outsida the tnclosutre, | snd baryea: seitrs J. W, Doane, Champlan, C. 1. sco this Great Amerfcan Exhibition, Dy eation, but hind, It s helieved, considor. | Safe-deposit vaults. 181,520 | DRMAND Voll A COMMITTEE oF EXAMINATION | Runually, and taxes, unull such time asthey Ex-Comntssioner Herting, Second Vice-Pres)- dent of the tmnk, met the journalist and grect- ed him cordially. Jlo spoke enthustastically of the condition of the Institntion, saying, among other things, that the Company had no mortzages out except from’ 81,000 to $5000 " on pood uly roperty, which was worth five thines as much ns the risks; they had no Calumet bonds, no rallroull bonda, *no nothing? of that naturc, and which they could not at any time wo out upon the strect and gell for cashi. ‘There was no run, he 8ald; on the contrary, people were depositing some sl the time. Truc, the panics and the runs ypou other banks had hurt their con somewhat, but ho thought it was generally un- derateod that tho German Savioga was o sale inatitution. dones, olden Fleaca, F. A. Morse, J. 15, Kitchen. M. P, Merlck, Pathfinder, C. K. Digon, New Hum"nhln. Joba M. Huichinson, 8am Flint, Har. ovs, Queen City, Lem Ellaworth, Our Son, Meare, M. L, Collins," Alice B, Norris, Wind southwont, gentic. Westher fine. Admirslon~Adalts, 25c; Children under 12 years, 15 Fxcurrjon Rates on all transpartation lnes. MeVICKER’S THEATRE. LAST WEER BUT ONE of tho Drfliant Engage- was a0 urieut that he and the Directors at Jast acceded to Ity and they sent” aronnd the same ml.lemnnwfio hsd praviously vistted the banki for the purpose of nsking the various banki to come Inand lovk over his assets. This was on the 221 of Bentember. They nll declined, ho‘uvcr, glying various reasons. One said tha he tvas too husy with his own affairs to spare the time which would be necessary for & thor- ough examiuation. Another pleaded {anorance of tha value of real-cstate sccuritles, which constituted 80 lurge a part of the hank's assets. And another, the pgentle- man who had made the previous examination, flatly refased tohave anything at all to do with the Fidellity, stating that he had givon his advice to Mr. Laines, and that he raw no reason to change. He would not in any ablo faith in the entcrprise anid in the fut ire of South Chicago, It was owing to this that he was led into making lonns in that section, TIE BELIEVED IN CALUNET, A man who puts his foot In that marshy re- glon i apt, it he aon’t atep back qulckly, to stuck in the mire, and, (Innll‘)- to be swal- mc\l up in the morass; and Mr. ifalnes was vo exception to that rule. He llstened to the elo- quence of Col. Bowen, and he went {n, In this, Yowever, he was excusable, for along in 1872, ¥, and M, tho future of that region seempd bright, and many meu of great shrewdness and common sensa belleved that the owners of tho Calumet & Chilcago Canal &. Dock Company were 10 be the millionnires of the Weat. l‘!‘h '3 belicf, which lod Bpeéncer on to his ruln, bad ‘much to dowith the mishapsof Mr. Halnes. His paid him §15000 of the principal. In that event the owner was 10 give them s conveyance of the property talke the sccurity back. They consented to put up o building that would cost $25,000. Wel), they put it up two years ago; they called me i1 and ssked tny advice and assistafice. By thelr own figunng they showed that the bullding and tho Interest they had pakl on the purchase money, and taxes, and fixtures, and losses in the busineass, had catised a shortage of $70,000, counting the bullding a8 nothing, \which pract!- cally would not give the depositors anything, ns it stood on somchody’™s clse cround, Now, Ifalnes has undertook to llquldate this bank. Whenever it got bn baré ground, and deposits didn't come fn na fost as mouey went out, Tuines tarned over tha money.” Then the old $2,290,611 .$ 200,000 . 100,000 3, 444 . 1,977,004 Vv $2,280,611 From thia It appears that he had $670,710 fn cash and boods, which was inmedlately avail- able. Tt he biad also CONBIDEBAULR COMMERCIAL DUSINEAS to take cpre of. He had alwaya perstated in ran< ning this branch, and clalmed at oue tine that it amonnted to §400,000 vr £600,000, ‘Flis, how- ever, is probably uxw%umk It doubtleas did amount to about $160,000, Imwediately prior to the suspensfon of the LuApttATIER, Capital, Rurplos. T'rofit ond lone Duo debositors.. PORYT COLBORNE. TBrerato, Sept, 24.—Vescals passing Port Col. borne for 1he weaty-four hours ending at 6 o'clock Bept. 22: Enstwand—Props Columbia. Detroit to Montreal; Lawrence, Chleago to Oudenaburg. Weatward—Props Alva Monroe, Montreal to Port 8tanleys Ocean, Montresl 1o Detroit; barks Kizin, Ingvtan o Port Stanley; Maozinctta, Colllne Y 1o Chicugo; achrs Undine, Jiamilton 1o Cleveland: Otiver Mitchell, Oawega to Chicage; BDWIN BOOT "7 TTMEATIE CROWDED EVEIT SIGHT, Recare yaur seats In advanee. Monday, Tnesdsy. and_Wednesday, Shakwpeare's ERCET OF 35) EDWIN BOOVI an. ... .0, BIVIoCd Ta Conclude with THiE TWo BUZZARDS, Tharsday, Friday, and Saturday, EFLAMIET. Eatarday Matinee, DON C.EHAR DE . Mondaz, Oct 1, TICHAD 1. O DAZAR. John I, Noyes, Uswezo to Milwaukee; A.°J. Beats can now bo secured for the aboy 8 Savings, Mr. 1laines was the porson to { way or form be connected with the Institutton, | lease lias been canceled,” and & ricw one, Iden- ——— Dewey, Cobomrz to Toledo: M. A. Lydon. do 1o eure 0 Abovo. B e B0 000 15 Gl B entd 1 | o M. Kpaicor turnod for i i lia- trot- | wilch he did not believa could survive a week, | tcal Wil tho Gld oug cXeept tbat 1t Fins to CANADA. Clevelands Oriental, Ringuion to Toledos b, £oa. bles. Mr, Halnes appears to have been flrmly rur-undml at that time of the solvency and the onesty of Mr. Spencer. 1o visitod a num- ber of bLauks to sea U he could et ald for him,, and on tha Sat- Ilnlllr preceding the sssfanment was apparently convinced that arrangements had been tade by which loaus could bie obtalned from the banks, and Mr. Speucer tided over; at lcast he so told the reporters. Ho feltund sold that the burst- Durlnp the week the lawyers were preparing far an onslaught, and It became evident that the Uays of tho Institutlon were numbered. it was known that hall o dozen lawyers wero drawing up Lille for the appointment of a Re- cgiver, and it was only a question of time when ona ol themm wounld atep {nto vourt. . It had been thought possible that the procecdings mighs be delayed until the bank began Jn:{lnz out 10 per cent a month undor its amended by- Joln C. laines, has been exccuted. Now, no man In his scnses- would pay over $25,000 for the bullding, Jease and all.”" And that was all Mr. Buchanan bad to say about Mr. Ilalucs’ unfortunate investments. BIDNEY T WALRER'S name has by this thne becomo familfar to thoso who have kept up with the foregoing., With a* delre to get at his knowledreof these matters, & reporter wos detafled to hunt bim up an ot of property In Bect. 3¢ nnd 14, Town 27, i Range lg. Col. Botven made out o humnber of notes payableto his own order, which were in- | dorsed ovor In blank. These were secured by » trust-deed on tho above-mentioned property, B M. lhlnu‘rbmtlwr of the President of thie Lank, belng Trustee, Alittlo further on, to wit: onthe 26thof the samo month, another Joan of $13,000 was made to Col: Bowen, E, M, Ilsines being again Trustee, It was secured by "HOOLEY'S THEATRE, GEORGE S. ENIGET N WORRELL SISTERS. Mondsy, Bept. a4, Rre and nnunl_‘:‘ynmnmeu. Tl e biay ork ol i rogutiar soruca’st Dismsue fenhi ot c ¢a "ot Tiomenie Feliclly. Tltckime Fsses of sie H. tun, Ugdensburg fo_Cleveland; W. J, daffel, sh:u’l:mm'rolc o; M. d. Wllcox, Kingston to etrof. MONTNNAL BAVINGS-BAXKS IN TROUBLE. Divpulch to New York Times, MoxrREAL, Scpt. 21.—The follosring dispatch was sent from Ottawa to the newspapersof this clty to-day: ** A manifesto signed by the lead- Ing merchants of Montreal and Quebec will be presented here, asking that the savings-banks be placed under the patropuge of the Govern- MARQULTTE. . Spectal Diroateh Lo The Chicapd Triduns, Mangverze, Mich., Sopt, 24 —Arrivod—Props 3.8, Fay, *Vieana, . J. inckett, V. Swaln; schra 8, 11, Kamball, A, C. Msxwell, D. P, Rhodcs, ar Witllam McGregor., Comleal Blde of Jinman Natare. Geo . Rfght In N ' | ing of the Btnte Savings would cause on Immo- | laws, but the pressure was too great, ana yes- | get his story, Itis as follows: = - ment to {nsurc their good management.” | Cleared—Proj e Tiackett, Viennas schr | Bivkreatcharacter of (FTO. sammored iy the Worny 2, mortgags 4B 4 10t mor o G, Do O | o upon bl Gwie caiablishamnt, and tnaf | ¢rdAy morning SIr. Dexter gob the start of tho | - *The Fclity has 815,000 of this Construc- | This step 18 taken on accouut of the | Dok Hhmies o, oo Waraers Willams. Giany, | SAiers sad tholr excelent Urimatic Company, s20, and in orler to botter secure this there | tho safety of ouo concern dupended to o consid- | other attorieys who were preparing for an_on- tlon Comy umga bonds, That 1 know, for | serious rumors In clrculstiun regarding | bark Two Fannies. LPII THEATRE weremado two other mortgages carly in 1. ernble extent upon the continuance of thy | slaught, and illed;his biil, ns stated clscwhere. Halnes and I bave spoken about it, T might say | the aolve: and _standing of the City [ Yuasol down~10p Pecrless. e iy one for 17,500 ond anothicr for 83,500, other, The smash-up of the State did causc an —— dozens of tiuies, Then he hog a note of Alex- | & District Savings Bank of Montren), and in | Up—stinr Kowecnaw, amiger and Proprietor, eecured by morigages on Catumet verty, Thes¢ have all been released. we ~Then July 1, 1875, cama the great Investment. Then Bowen horrosved of Ilalnes $100,000, giv- {ag 200 bonds for €500 each payable In five yoarm at 10 pre cent. 'These bondswerd secured by all the remainder of an:n‘k‘]nupcrty, conalsting of blocks in tho Iroudale, Wildwood, and River- dale Subdlvistona tho 8. E, I of the 8, E. iminediate run upon the Fidelity, Tho firat pressures upon him was to take care of this com- mercial busincss, and that took out at one sweep somuthing ke $100,000. Although each dopositor was allowed but o small amount,’and the mmf and slxty-day notles rmle wa#s enforced, yot the drain. was a sovero one, aml Mr. laines began looking arotnd to the other banks for alil and comfort. ander McDonald's for 83,00, Indorsed by the late Jesse O, Norton, But whether the bonds were lcft with liaines ns collaterals, or were an independent matter, I dou'’t lmow,'” +Didn't Halnes get some of thess bonds from yout' 5 # Mr. Hatnes loaned me some money on some of the stock, wlich was really orders for bonda to the amount of 0,600, "Besides these, 1 RAILWAY CONSTRUOTION COMPANY, ° ¢. N. OLDEN, *“What doyon know about the Fidcfity Sav- fngs Bank's gettine londed up with $40,000 worth of tho Chicago Raflway Construction Company’s bonds{" waa what a reporter asked cunsequence of numerous fatlures lately of such institutions b the United States, The ru- mors have been current for some thac, but the press, In orger tc prevent a4 run on the bank, considered {t_advisallo to take nu notice of them. The City and Disrict Bank was orig- fually formed fur charitable purposcs, and its earnings for muny years, after deducting the manamng expenscs, were distributed fn equal —— MILWAUKER. 5 Specisl Disvatch to The Chicago Tribuns, Mir.wAUKEE, Bople 24 ~Charters—To Port Col- burne, steam barge Tecumech, wheat on p. t.4 ta Oidensburz, prop City of Toledo, wheat on through rate; to Kingsion, sche W, Il. Rounds, to Buffalo, steam haree C. J., Ker- Rt 3! ! b 3 4, 37, 145 tho N. 3¢ of tho N. Wo. & aftha | At his suggestion o gentlomon of admitted | Mr. O. N. Holden the other day, whilo tnvestl- | gave Halics, whon I gottled up with him, my | proportions inong thoberievolent organizations s &:‘&%_2&’28&' o TRy WRUAL B Né;_‘lf“}fimo T,EM,!;E'“ &, 3 of tho N. W, of Sec 14,8, 14 of | tapncity connceted with ongof the city bauks, | 'gating tho gubject of the Fidelity's nvestments. | ity In o House mnalox o ‘Wubash nveoue a3 | of the ety. ‘The promoters, sechns thit large —— VERY EVENING DUTING THE WERK. {he 5. 3¢ of thu N. W, 3{ and tho 8. W. 5 of thy | louked at and “ Imd:nxm, ‘that Halnes had so many of | 3ditlenal sccurity In my matiers. profts were male, determined 1o form a joint EHIE, Bpecial Dirpatod to The Chcago Tridune, Enr, Pa., Bept 24, —Arrivals~Props Thilsdel- 2V 31 i ., Ui EANON TR BEST, I kir Scorme op TEASONT * What kind of bonds ars those which Haines p y HAVERLY’S MINSTRELS. e hast” *“Theyarc bonds of the firat issue, but on nc- stock company, and oltaloed o charter nod ad- vurtlsed that subseription books would be open on s certaln date. When that date arrived it AN CUISOTILY OVER MIt, IAINFS' TOOKS, 8| mll:_ig apout an hour and a half In the vpera- tlon. Tha rough scuedule which he then wade N. B.% of 8ec. 2, 36, 145 of the N. of Bee, 2T, 87, 144 of a third of tho N. W. i{ of 1he 8. W. i of See. 18, 37, 135 of a third of the { tice. 18, 87, them," was the reply. “Do you know how ho got them.—what the . Fourth week. Stll yreater Novoltles, Entiroly now, o : fath who conducted themi» | conntof thalong Utigation between the Con- | was found that the stock had been all taken up | Ph3, Chicago: sthrs Julla Willard, Marblohead; | briiifant, and eseltlic I'ocramine. Modarats aad B Eiton i dlamyio e OF | Ut wasia followa: | ., " WSWell, 1 know that Whipplo aad Alex M | Struction Company aud tho Feck Loys thelr | by the urlcinsl romutary Mevars Juduty Tart | fatle Howard, Tolelg: B P, Neals, Butalo, " | st i I e soaiis, Oné {ustallincnt of the senil-onnual interast— | Jank butlding and real eatate,,.ceese.® 310,000 | 1yonaty anaged the Company. Shinoy P, value ls uncertalu,” "Tho IHinots River Rallroud | and Workman, and Morphy & Co. Runtor s— i H L e Fivo hundred and sixty acres Calumet, $10,000—was paid In advance, and when the next came duc, Jan, 1, 1876, it was dcfaulted. fil this timo there was o quarrel between E. M, ainos and his brother, owlng, it s alleged, to a Company, if vot n bankruptey, ouly awalts Judye Blodgett's decision to put it there, and 3::: bD,l:l]l will probably neverbe worth any- lng.’ and it is believed to be true—that the tirst call of 10 per cent made on these centlemen was zalu on the notes which were dlsvounted In tho Jity Bunk and retired by the profits of the bank, howka, Chicagu; Mattie Hloward, Toleda, sttty * NAVIGATION NOTES, Crmicano. —The tag Tarrant (s tronbled with o Tunda.. vecrrers 100,000 Othor roal estata and vos! estats fore- closures, o e ooee 112,500 siow moriiaged Si ‘saspéidod B ‘Walker was also a stockholder, and hadssome 810,000 worth of the bonds. 1 had #20,000 of thiemn mysolf, but have nover reahized snything WO0O0D’S MUSEUM AND OPERA-OUSE ToXy DENIER......... Proprietor and Mapager, Kvery Evening snd Weinesdny and_Saturday Matinees Capital and wurplus. 400,000 1,800,000 Ho said to Mr. Halnes that on thls showing thure was really nothing on which other banks could lend him any money ; and ho advised him, a8 tho wisest thing that ho coyld do, w either have s Recelvor appamted st once or to liqui- date thu affalrs of tue bank hlmself. if he adoptod the Inttor conrso the best thing to do waa {0 take his largest depositors, of whom there wors about 004, represonting, perhaps, holf the deposits,.and sce [f he could not Knv them off to a certaln extent fu land, e had thoso BOO acres of Calumet property which he conld plot and work off i this way Lo scttle the clnlln?n nfllm‘&‘_‘ 5','“;".0 'gllum thf ‘%Mlur n}e— posltors, the $: 50, and peoply, coukd bo palil off gradually as he n.'n’i’gml tnen bis slow mortgares, suspended paper, and time loans, This sugzestion, however, in re- rard to the disposition of tho claims of the lurge depositors was not met with faver by Mz, Halnes. Two or three persons vallsd on " hiw, thelr clalins amounting to porhaps $3,000 .or £5,000 apluce, and offered to take elther good mortguzes in scttlement or part mortrage and part cash, but be declined to denl with them, IMMEDIATELY APTER THR SUBFENSION OF TiRe| BTATRE BAVINGS 3 Mr, Halnes bad hopes tiat he would pull through. Ho belleved that John Woutworth, and perhaps others, would come to his aid, and Mr. Wentworth, {u o certain way, dit what ho could for Mr, Ilaines, He expressed the behef occasiunlly that Iafues would pull through, and did what ho could to shield” hla from uny uttacks of irritated depositors in Kpencer's in- stitntion. Mr. Wentworth was caught once, Torh Y ; on them. In fact, they boven’t, been guod for [+ How did you come to o into the thing, and | o that uot a single cont of the capltal was paid | loose whoo!, and has gone Into Miller's dryydock RNANDEZ FOSTER doal i v st 8000 ettt (o bak | b 3 50,000 | 20 Wi for o year or niorc, 1 bolicve Haincs | 0 what extent wero you stiek 1+ e e d o e ik B T ) WL | T T ines ralinquished s position as ‘Frustee, | Convertiblo wit e 138000 | 2ok them tirouh Walker, who barrowed some | 1 bought sonio $30,000 In tho rallroad cora- | the bank mado Jarge Drofts and paid divi- | ilers having her foromast and. bowsprit fisheds ack Harkaway in Amerlea, waking a release to George M. Gage. Undor | Bad and worthless paper, iacluding moncy of Haines and gave him theso bonds. 1 Enny'l bonda and stocks and onlers for the | dends rangimg flom 15 to 80 per centy but | they were broken tn n recant blow... Tha tug | —BnperbOlioby New Spectilly Artlsta. the terms of the deed tho pmpény Wassold at | Culcago Canstructlon gumll e 125,000 | supposed Walker had $10,00 of the bonds. | bonds. Mr. Clark belicyed it wasagood luvest- | In 1570 heavy losses. were misde by nd- | pojoryein dry-dock Laving hor stern bestings BOURNIQUE'S Ahe door of the Fidelity, vud waa bought fo b g -He niay have hod more. or loss, but I don’t | ment,and I trustedentiroly to him and went | vances ou Western Unlon Telewranh™ mnd | j6 bhoins "rne sime Tempoat has Broaght 1o tLobank. The land niiount 10 600 acres or 50, ILTOH00 | think bo hal ooy eNN00 worlh of tham | lah i tnes only hes $15,000 of bonds, thas | LkS Shore, Oblo & Mississopl, Moutreal Tole: | (U500 s Captatn and Mato a0d the ruspiag | ToAITOIN G ACADEM 2 LuABILiTIZS, : - corgo K. Clark, tlie Presldont of the old Glol 5 y 3 ) aph, aud Montrea engzer slucks, o 123 TWENT-FOULTIL.ST., Dear NDIANA-AV. e 'u‘fib:f“:&gt "}-fl:::g'i'f"yu:"‘,‘,"'",,fi: ',‘,l",?::," Deposttors. ... ... 81,600,000 Insarance Camplni', had some of tho'bonds, ns | you kuow of. those orlers for 89,500 worth of Yory Irigh priccs. These sbocks, declined Tear. | Fear and anchors of the old achr Madison, ihat was A TWES LTI T FISOIANA-AY, 3 s owing to the depressed condition of the real-ga- tate market, Thero was an Impression at the time this Ioan was made that it was not for the bank, but was an investment for other parties. That, however, appoars Lo huve been n mistake. Itis believed that Mr. Ilaines also holds $5,600 shiares of the cammon atock of tho Canal & Dock Company, "'This stock has now no salue, but, since {§ coat Mr. liaines nothing, or ‘pext to notling, it can hardly be catled an im- yalrnient, In addition to these hieavy transactlons, there Wwere some guite small ones. Thera was a loan of perhaps $8,000 to Bolland & Bullivan, con- tractors, who bullt a block of houses u South Chicago near tho depat. 'This is belloved to be 4 falr loan, Thero was slso a smaller ane of ::;‘Hl). m u‘llalolm n m:lb‘finm of nlcru.‘;l‘lmnu joits small loans possibly nggregate 000, ‘but they cut uo flcurc na compared vduf' the oncs to Col, Howen. . TUE RAILWAY CONSTRUCTION COMTARY. In 1873 tho sbove-named corporation was oy ganized In order to bulld the Ilinois River Road, Which ran from Jollet to Streator, and wiich a3 luhuq:umly gobhll:d by the Alton. In 155—Auget—the ‘umkmuy went loto bank- Tupley, and is at present in"the hands of Hulk- Ly, ex-em‘l‘luve of the Btale8avings. Through soma of the oflicors of tho Company the Fi dulity pot stock fn_an amonnt somewhero be- iween $34,000 and 843,000, the bank taking os - Security bonds of the Construction Coinpany, Which ore utterly worthless. The tullor facts secanding this transaction will be found olss- where. wetl os Rodney M. Whipple, Alex McDonald, the Peck boys, Mortimer A, Frisble, and othera, Now, il the Fidelity has any of this worthless stnfl, it inust have got it “through Walker or Clurk, or both, 4s much as two ortwo aund a half yeara n?a." 44Tell me something about the carecrof this wonderful Canstruction Company1"” 1t was orgavized hers by Whipple, Clark, and others for the purpose of bullding o rallrond from here to the coal flelds Lelow Jollet, C. C. P, Holden got their chartor trcugh the Legislaturs for then. Tha road was to ba known #e the Chicago & Illluols River Rallroad. Their plaos were on & magulfi- cunt scale, Thoy wore to buy col-lagds, bulld villages along the line of the routs, aud every- hody who bad any connection with the Company was to meke a big thing out of ft. Ncarly -.welrl ~Inly’ mlx:' c.-lmhu:h'nua ‘-nd c'gllh}! g millions o it nto it pretty dec 1y myself, Well, ggm went to wovr)'; and commenced building at Jolict. They it to tho Kankokes River, put up s Uridgo at thot polng, coutracted for several thousand acresol coal land, and went on until they got tho road bullit and run futo Coal- vilie, Then tnoy bLocmne embarrassod. They had been runhing on high-preasure, sud tho crasli came. (ireatly em! ed, they sold out. to the Cblcago & Altun Hood, which, it was supposed, would guarantce thelr bonds. Dut they didn’t. Now as to these bonds: There are two kiuds,~the Construction Company's I.m:;h llél\l la:nhumh of the l:.lcl:.lz:l lhv;; ll:( TO! om] Y. oam a ng Iatter,—thu bonds of tho Railroad Co nda, ond the note of McDonald's for $5,0001" 4 That 18 all that I know of. Some of the bonds were guaranteed, but 1 don’t bellevo the 15,000 were., “Isit uot not a iow, thet Halncs was in- duced to take this stull through the (Globe In- surance Cumpany, and that he gut $27,500 of arders'in the same vm{l " # Clurk Lad 837,500 lo orders. Thoy belongad $0 thy Globe atono time, but wero afterwands it Clark's name, but I don't thiuk Halnes got soy of them. Tho Globw's account with Haines was as sizaleht as o string. We palid htm all we owed him by making loan clsewhere, I never persuadod Bim to take any of thess bonds, and | nothlug ever catne from tho Globe Insurance Company in that way," "“'hl{ll that McDonald noto worthi" 1t haa tho Indorsement of Jesse O. Norton, and his eatate {s supposed to ba good for (" ‘h;'Aru” those orders for bonds worth uny- 1y 0, I su enot, The rond to a polot where it mu" n't Isenc any more bouds, and 1 suppode the orders are worthles AN EPFORT WAS ALI0 NADR to scothe otber wentlemen whose vames bave been mentioned fn thess . transactions, but thoy had all mzvcd away or wera out of town. Ale McDonald, for lustance, mow makes his headquarters In New York. Ills fanlly, it will be remem- bered, bave recently becn living st the ll'nla g or- fully, and then counneneed the troubles of the Clvy nnu District Bunk, There wusastight ran, but it waa stopped by Father Dowd, who is said Lo have been Dribod with $30,000 of stock to {r\wuy tho depositors. That clergyman went to Mo ank and was shown the securities held, of whose value he knew pothing, -aud addresssed the crowd waitinr for their money, assuring thom that ho had exumined the books and found evergthing all rlebt. e bad ounly beent in the buflding about fivo minutes, and how he managzed to obtaln Information in so . short s tune to warrant this statument 198 mys- ry. 'The ussots of the bank.sre now locked upIn doubtful securitics aud real estate, which, incasoof a run, would not Lu available, A well-known broker to-tay remarked to moe that the monagement of the back has been reandul- ous fur years, Tho proprictors ars accused of :uuu: the depositors’ monoy for persehal apecus utions, = CORRESPONDENCE. A DRPOSITON'S VIEWS, To the Editor af The Tribuns. Cittoaao, liL, Bept, S4.~TIu bebalf of twomem- bers of my family who are depositors in the Fidelity Bank, and destring to sccure thelr best interests, 1 suggest: . First—That in my judgment tho highest good to depositors would be attained by leaving the present conservatlvo (thougl slow) managemnent of the Lank alono as It |s. : Secomd—That if, Ia lhu{ml nt of the Court, e, that Mr, Haluea bl * For cblidren will commenoe Saturdsy, Oct. 6, 823120 "Vor gentiemen. Oct. & B For [aiics, Priday, OeL. 1 Bend for Cirvul totally weecked at Whitehall.... The peach trade {s light ot present, and the steamers aro not brioging very larye quantitios Into this market..,.Capt. King commanded the stmr Den Dirake day on her excarsion trips. were but few vemsels on ber merket yesterdsy, ‘The unfavorsble winds, are detalning (e ficet.’ affalo papers repoet that an linmenvo flegt Of grun-carciory left that port 1ast Fridny and Saturday and if the winds akes shift on Lake Michizan, it sy bo expected here in a day ortwo....llead winds. continue to bather ap-bound craft, and Csptains of propeilers that arrived yestenday report that they were dolayed sesoral hours un the pasaage.,,. The pmr Roanoky in on hor way up from Cleveland with & aryge cargy of petroloum and s quaotity of flageing and enrb-stose for Chicago and Milwauokes.... The down flect of wrain carricrs was seen in the Siralia and thorvabouts on the Tud, bowling alony ai tug rate of ten &nots an hour under stroug south, moutheast, ond southwest winda,..,The stnr Munistee arrived here yoaterday from Lake Buporiof. 8he has. changed off wilh the stmr Juveph L. Hurd fnorder to 20 into dry-dock for now #tern bearings and & pesural vyerhouling,...The hr Huntise, c-rl. . Prindiville, has jnit made the run from Chicago to Luffalo in four duys and sight hoitry, Bhe had some of her canvas blown away, but landed her gratn fll!. Orumn Ponvs. —Capt. Bundy {a preaching to the at the Blg Hleavers....Tho largest Heet of u lett Buffalo Priguy for the Upper Lakes. . «T'ne sctir Willie Keller was badly hogired un the Lime-Kiln rocks, but wasistrighteved out consid- erably in dry-dock, 1t will require ), 000 to re- pair ber.....The United Btates atmr Femenden ts in nll'ry-doclk llllll'tlwlk {AECBII‘"HA minor repairs I‘gd & thorongh calking....Work lu propressing on the new stoamar ui “’vnmlnuu for the Detrolt & 5 % m, MILLINENY, “FALL STYLES LLINERY! 124 ST ATE-ST WEBSTER'’S. ____UCEAN ! e AMERICAN LINE, Philadelphia and Liverpool. Park Hotel, whiore they were burned out. timore A, Frinbie, an ex-insurance _agent hern, is also In New York. Rodaey M. Whipple, whom pouplo seem to regard ns the mau wha 1y 2 Recolvor s Indhpeusab 1and Stoamboat Compa bout 100 d . 1t 18 8180 protty certaln that Mr, Hatucs ad- | bub extrieated imeelf yery pretiily. It was ab | pany " lssned by, tha Constraction Com. | lud the most Lo do with thé Constructian Coms | solf b the ltecelvers ua ho has tro properknowt. | bagw. petnt- employed tn & e o | el S e O R Yanced toney—amount not known—to a smalt | the flyat meeting of the State Savings deposit- pany. Tho bonds of “tho rosd were | pany, aud who is sald to have nade ol that wus | edge and a higher Incentive to make the mast | vey stust-Ads was at Clevelsnd Thureday tast.... | and Wedneaday rrom Livanaol, savinze bark to keep it runnirgu. It wos ud- | ors. He was talking -away, and asked tho | then considered the better Investment, but | o Lo made of it, was out of town, aud teorge : 7 The coutractors Ate Mnking the cribe for tho n for the dopostuns of any une, 3 TAird—That If tho predens management of tho bank st close, that a reorianizution be at anee promptly hads snd that such depositors n4 are not too mpatfenl to walt open ® new necotnt with the new bank with their ' present Yanced for the samu reason that Spencer holped Myurs~bocause the fuilurs of one institutton ‘would react on nH the others, y A TIB “POBT AND MAIL.) About tho last of his louns was' one to the Luat and Mad corporation, From & documont crowd who waa respunaible for the defeat of the law providing for an examination of saviugs banks. [lia lutention was to ao- swer the question himsell with * Bpencer,” but wllnllu Tie hud his mouth puckered np for the re- there's no difference betweon the two kiuds of bouds now, They are- cqually valuabls, or, rather, equally worthless. I think if Huines has any, ho has io railroad bonds, but that la im- material, for he'll probably never et a cent for 0 new cutranco t the Sault Capal,...About 737,000 bo of ealt have been slilpped from Saginaw sud lay Clty by water thiasesian .o.4 beary gule blew un Upper Lake Michizan Saturday and “Sunduy last, aud some vesscls wure compelicd ta run fow hac- boes for refuge, . i K. Clark left yesterday morning for Oolorado. plonen. Sinde: OTHER SAVINGS BANKS. RED STAR LINE, Carrytng thie Relctan and United Atates malls. ~Halltny Srergisivedars, stersialy tron KIILADKLEHL and SEW YOIR,"DIKCT wnd ONLY W ANTWALL, Dirafts iu aniounis 1o suit. ply, somebody twho was sltting on the platform | them, When tho thing was *booming,’ 80 to TIHE STATE. dcposits, or & part thereof at least, as the busls [ — Aponia Ea B WIIGHT & BOXE. S ip rdecaviel el | o e of b tid g s 500 © ok tsoliomoniionb s W | o miomanor, | SRSy et o LOUT OF CIlICAGO: A L el 1 5Um 0 o 'Past | Halnes. s was not at all what Mr, Went- | for something hetween 80 und 60 cents, butting i urth—And 1 respecttully est tha b R G g‘ml‘!luu FPrinting Company conveys to Arnold { worth wanted, ond ho shut down on his_Inter- | an equal ..mh.mm.,.mk,,m.m bouds, I Theonly item of intcrest fn rvgard to the coust, proccedings bo suspended {or ouo day to Tha following were the arrivals and clearances -u;“‘:" Trustea all the fixtvres, furniture, rupter by the romark, * Never mind that, letus gpoon with business.” But when f{t fulnntom pluch, and Mr, Halnes did need helpy Stato Bavings Institution yesterday was the legal tyansfer of tho property and assets-from Abner Tuglor to Judge Otls. This was effected during the afterncon in Judge Willlams' Court, for the forty-cight hours endiug at 30 o'cluck Jurt uights , i ‘Axmivars—stnrs Corons, B Joo, sundrics: Muske- goin, Muakexon, aundrics; Buchuyian, Stanltueuc, s rive) (0l Maniluwoc, puiulrice: Alpena, kaa. sundrices L'rofe é’jfl.’( :! TJuiesy o ey was offored that for my own share,—$20,000 worth,—but refused . 1 wrulnlfi wish now bad taken: it. Bug then the thing looked as Uf they would put the road through avl the enterprise would bo & big sucvess, When STATE LINE. T STATH OF BRIV Calins, $40, §63 and sco whint the depositurs geuerslly desire; all the depositors, aud not merely those in court, ve J‘fiu und Interests In this matter. Ke- » \5&1. IL G Winrary, ¢ ————— Vinplementspand machluery in the bulld- A oeuiied by tho ot it Afall Prinsing Cotmpany; alss the lacs of thy Posd and “{“u Lm‘!w“:? Rranted 10 that corporation by theact of tho Leginlature of the Stute uf [linos - MR, WENTWOWLT DIDN'T GIVE IT. undi formal. At the time nppouinted ries) K8 ec, fnk; Montgume: - U, Woconilng 1 accutamoda 1 ; hut Nir. H Haines took theso bands, {t hie took thun at the | and wae merely " I Tugt ¥ AOSIRt B Res And $1LL Reconilair 1u scoolam of Folu 25, 1073 alsa, Tlio exclusivo. Uit 40 | hnmetsie to & reat oxsent lor the sontinuancs | tme I think ho did, while. they were it big | thero wero presont Moars. L. B OUf, J, Lo MARINE NEWS., T T e T T P i 5 420 Joat with any, variation of | of the run on his institution, Mr, Wentworth | securiy, thore was o market prico for them, | High, Sklucy Smith, and E. Rowari. 5 2 TEinpeat, Whlte Lakes suudricss “m,h o 2. Nvelyw AURTIN : N i ot SORSRCT ith il riehia which the | \as the ruling spirit of tho Creditors® Comunite | tht Is, us regards this market, Wall, ho Wad Smith sald that he understood from M, NAUTICAL MISHAPS, yn fumbers Siebeier, Gt ¥ n Bead ol opad) Veluting Company "wow |t whien bsan (o oxamination of e e B fast o s, Tooo bad atnle s, st | 1, M1F: Swith sad that ha understood from Me. | yopyynaay attornoon while the stme lires Harte | diser i . wtaactisns” Tiuta, “sundseas e Y Vet Cileseo, Baa T remart e B S naner, | e e e ali of | we cantt Always oco & utie furthur atiou 1 | Woward who represcits Col. Taylor (now sk | wyy o her usuah excursion tripio the exib, Cant. | Siicey o tumbire, Ors by i ANCHOR LINE MAIL STEAMERS or !-Hfi'mr:m:m?“,“‘{',:,';m,nl;'fi“’gfim thae " Ghaumliteo, and {14 peroetial sttring | And e, Tokdon thovghit with sulhess ou the | I bod) tbmt bo (Muwand) had turnod | Hiewets, who was at the wheel, saw a smuall boat | {isk, sundrice” Slary Giuk. fea ap of the mubject of fraud, " $20,000 fnvostment which had ylelded nooght a grest deal to keep alive tho oxcitemoent over to Tecelver Otls cvergthing of but worthless paper. et part stipulates that no ehap, valua recelved by George L. Bulkley. Judige mado in the uuwnnnixir’- nomg wltbfi:tih?lln!ol:: rolling In the sca like & loyg, and & sman and & wom- an were in 1, giving algns of distress, Tho Captalu New York and Ola w. dries; Gonkon Canliph A, Oct.1a, 10mm phetl, F Tieaton iiaruor, sugdricei [k 1, . gt v, 10a m. | DKVONIAY Octy 4 3 paa sent of the party ol tha secopd post which was affeeting bl 8o Injuriously; aud he M, D, BUCHANAN, Ottn and his* counse] woro fully satislied that | steored the’ steamer “to tho Httle crafi, and un s ey Rearouan ETHIOF 10,3 10, e Bctlon will by tugen by the. parths (uh 10 | even went so fur as to exuross the opinfon that | Pursulng s fnqulcice, tha reporter was dl | oyerytfiug had beew transferred; auel that poth- | Fesching I found tnal e, ioan, bad beednis coun- iitaan et South Havagy Jutubert How Sanc o Ve L iverpo, or Landondersy. dowwlithy b ‘mlh "{u o unlrly Ot the flrst | My, Wentworth would be perfectly willlug to | rected unto Mg, M. D. Buchauiu, who, I was ng had been kept back, It had been sng- | pletely oxhsusted in his efforts to gain the shore, | Albrechs, Monatiass Ium%;‘k.lz. ¢! uuu.ml{q‘#:xwl.l‘l’l:lrm' ale, 833, bineraye, B Hhey of smemhorstip 1a tho t\l’fi‘:g:“ faor | have pretty ncatlyusaey bulkint lusutanion fu saldy, knew 1:‘1'1 baut the Conslruction Cutli | gestod that Mr. lowant should be swor us 1o e i e O i i ..,:;“‘la-. :;”...- ‘,:‘,':,?‘fl“. Wewinge, Hinbice S, oy ,I“Nl.'é_’fi;l!: Ock 16, 8 a. m. 0 it “hics ere 4 Co ‘i @ . 4 age n vy Sterachel, A A Tortoutve peamissory watos for gL Lsg oG by B amnte “or i o o thde 0f populay | batlie saddied with thefr bonds. Mr, Bachanan | (b facts ad Lhe Court could than eater an | swamaved. Capt, Blawets took the s otlbs] the steasior #od towed the sl asbarv, Tho udtues of the man 8nd WoRian Werd nob sacertaln- nl.", Thoy were very thaukful for the timely aid endered them, " Tho sche Madison, beached at White Lake, 12 Tast golue 1o pleces. Bae had beon drifting about from Sunday ulght Ul Tuesday worslng before sha wol buck on the beach, duriug w1t of which tlme the crew worsed hurd, and sullered alvo from want of tood. T Odip, with & cargo of lumber for. this w‘.‘a"".fi"m&fi o Mifwaikes tn o water:lozzed condltion Hatanisy, sud was tuwod into that har- bor, Shw lost abuiit, 000 feab of her deck laad, "The Uawego Jvies saye tha schir Mary Duvis, jaden with bosches, ran siround st Teas the morulng of the 17Lh, while trymg lo make that purt, lelylumo w'u‘-hum: :’-':t'l’?nieur:;m“ boat Viio asrlatance of th lifu-g . "rn: yocht Avos, Capt. Wildes, was dismasted RS each, pay. abla two years from date, wade pa Y Tt and ad Briokine Coumany op orjes s0g by it Indorsed drawlng lutercet at the rate'of 10 er cent, payable scuid-annually, The party of e secund part has, In case of defuult of pay. neat of udnclr.l) or Interest, right to cntar upon the premlsts and tako possesslon of and £ell all the goods after giviug dudiotics by pul. l‘mmltzn. *Harlow P, Buith t5 e successor in was found In his comfortghlo home at 103 Ash. land avenue, sud roceived the reporter with a smile, & cizur, and & promise to tell bt all be could about the matter, i+Let mo sce,” suld be, taking & card from lls casg, uxu.zuh which ‘lm nro.x:cdmtl to lg'nm away Wit Al euergy or & ew mln{ua‘ i ¢ E:IV(I ft wvow, The Fidolity has 815,000 aof second mortguze bonds of the Illinols litver Kailroad Company. Although on their fsce they appear to be fivst- mortgage bonds, yot as 4 matter of fact thoy are not, and for this reason: the lisue cinbrac 000,000, The first $700,000 were guaran- teed, or rather the Interest was, by the Chicugo & Alton Rallrosd. This $700,000 worth of bou 18 of course o preferred llen, which makes the ulhl,'.ll'l. tucluding these ua,obo. good for noth. 2. 4 Ilaye they suvthing clso equally valyabler” 4 They myl 37,50 -‘1'! nnh:r& for bouds, Tho; were formerly beld by Bidgoy P, Walker, and suppose they bave tliew now.' “jiow did thoy cowe luto Halnes'. posses- umbe Sewoulosv, lubbert clcs Willisie, Mepiinve, ¢ 0, b, L for uay ainaint st ey rand laven, Juwl O, s HOTHER Y0 Waningtsn-ae, erman Lloyd, teauiers of this Comany will sall svery Bature bt ol Toor ot Kiird strvet, 1BoKen: indignation aud bankruptey. ” EXAMINING 3AVINGS DANKS, At'the sessions of the present and tha pre- ceding Leglslature cfforts wero made by varlous persous, and chlel amoug then 3Mr, L, B, 8ki- Way, of the [liinols Loan & Trust Cusnpany, to sceuro the ensctment of u law providiug for =n cxsmiuatiou or State supervislon ot yavings banks, simitar in its ceneral features to the cantrol ut present exercised ovee insurance compunies, In the preceding Lozia- lature My, E. ML Halnes, of Lake, a brother of Mr,* John C. Hafnes, was Spoaker of the House, and r, John C. Halnes was a omber ot the Seu- te, which position he retained during the last Leglslature. Owinig, to @ Kreat degreo, 10 thy coutrul which the SBpesker could exercise over I.cets atlon by the appuintment of the standing sommitices, '“f" the cifort to securs the enact- meut of a Saviags Supervision act was fulled two ears agu, and & reiowed atlemps made lost et geleatel un el i part, of the ntluc r. Spencer, mud (n part, s clalwd, by Alr, " Hajues. ' Whether the ' Iatter ar Gioldeu Har G g AN T b O 3 2, T, Blo e, Jumiber; Gapd Ao Cutomc, 1wt Hilzabeiy Jona: Krle: coals Four Bruthers, titand llaven, lumber; Muikegus, bambers Muuticello, Al s hary . [N Avery, AMuskeron, nmber; L K. packani,’ Ludwie's'Fler, lumbert’ Blackhaw, Muakegou, luuhers Contoats Muskegun, lumhart Foup Bruthurs, Maal Jumiberd, L3 Datle. Suskeiua, tumber: M. Dall. Muake on, luiber; ¥. Leatar, Maut 3 Jilie 1 Meriil Muakeon, luuber; 5. plaitach, Cievoiad, voal; Lis, Mutkeiun, tutiber: Latits Viabier, Muskeuon, woods Ella Klieiwsod, White Lake, lusabers Kalo Lyoos, Muskexon, tutnberi Adri- o M uskewon, jumbce: L. B. Coutets Muskegou.duue bery Win . Mublatee, luiber; “lk'!4 Muskeyon, Lutnber: Miucrva, nulketrm,gul.rlxr-"u:sm- Stulttu, Ludingio 1, fumnert Liille Beli, cgon tled; afl';fiudn‘vfl:’ Fackbrd'y Fler. woudi (iR rand v uu, Wark. ; CLx kA NUEs—eiir Oueoata, Buifslw, 77,000 bu corns o M. Grob, Meblstow, 800 bu vate; Charles Kiets aulaice, 2.0 by oate; br Alyervucl, Biusl, 10, o1 hu bartey: €. A. Nicholen, Hutfaio. 4 10 bi ¢oru; K‘I"H:("”‘Anlum nl'!i‘:r{;m;lk.};\ l.llrll bl.'lrf. m):l,l-u‘:‘- rh mr a8 KoB, 3 s . ot S V| e, 1% Lrls salt, "“(n. Mr. Iizh suggested that Mr. ‘Faglor ahould file a formal reply, in which case tho Court could make a formal order, Judge Wilinms ordered that Mr, Howard should be sworn, and Mr. 1ilgh uaked that s short-hail reporter should be sent for, in or- der that the testinony wmight be preserved. Judge Otls then voso aud stated that lic only In“ue\‘vl ;{m he had recelved the property as per el nie. . ' Mr. llowanl was then exawined by Mr. Emith. He swore that he got 4slon of the bank on 24, and that (with the exveption of tho $1,600 that bad been ordered by the vourt to be mm]auz)l uv‘ayuunz bad been”turned over to 0 Receiver, The Court sald that ths explanation was en- trely satisfactory, awl Lhat thece Wos Lo neces sity for any formal order. ‘The testiwoay ol Mr. Howand would ba made of record. THE LAW OF OFvsurs - ‘The Recelver of the Stat: Saviugrs Institution, L. B Oty tlled a potition yesterday seitine out that suongs the assts which haVe "come to hiy asfer, day froy l’ 8 0f Lasage i New Yord w 'ofllhwwlflh London. Javee, apd lreuen, Srst cablo, $100; weu cabin, §80. guld} sieerage, $30 currnc 0d pasusgs upply 0 DKL ‘This document is signed for the Postand Walt cmn&“' by George W. MMullen, President, and Q. A, Witlard, Secretary sod {1 acknawis tdzed before George A. Meech on the 25th of August, 1877, Appeided 10 It fs a achedule -Dru‘:erl] lu the catablishmer i the editorial rooms, counts Wauager’s rooi, press-routiy, AU NEWS-roul, and cuvering eversthing in o tangible for pos- sessed by the Company. The Fldelity, boweyer, did pot advance all the mongy, ft s butleve'l that 1t 18 wtcrested tho'ex(ent uf only 33,000 in the loan, though Great Wostern Stean Prom Now York to Bristal (England) direct. CO&NI\MLL. Stampar, ‘Tuesday, Beot, 23 BOMERSKY, Wesieni. =0 ‘“—v-m > -u: abiD pastiie, termcdiate, §43; Slacrage. ey 'hcny X ‘uvln":i:u- rics, Bl x'éna&“"‘" ceriealit bt Stchtan Ceniral ttalirias. CUNARD MAIL LINE. "Railipg three tmes s week 1o and from Drituh Ports, “Lawest Ppicos, Apply st Cumpany's Offico, noribwest corner Clark uud ldawtll(h'-l&v il whils sailing lately. BUFFALO, Buersto, N Y., Hept. 24.—Ubarters—Schr Danforth, miscellancoas carge, 40c par 0o W Cleveland ; coal froms Black: River to Sarols at 30c. 5 40 Ly wheat, 20, UL by oal Fiiuby vit ths (nstitution, clajm the right to s off thelr deposits against their debts. 1o soumu cases adubtorclalins theright towet off bis wife's weouut o the bauk sgalugt uls indebtedness thereto, and " in other cascs, ouc of several foint dubtors asks to have his individusl account” set offfuwaiust the joint judcbtedness, The Recelver was advised that g 3 Mpdure, Huflal 11.749 bu cumi, 223 -8 2o, Rentlenian was responsible oF Bot, bo was held | sfonf” 1 ol SRR $ | Coal rates 25¢ to 30c to Chicag ra e, ol timothy-seed i NET. Geuersl Western Agont, 2ome who profesy to be well-luformed put 1Lt | responsible, and wdbred Ao i sonstruction Com- | 1#nds sud verlous nuice aud pblications o ronces—Prope Bcotla, Chleazo, 750 brts | siir Ko G 0 b cury: atag e 1 DU VEINER: Yeners Worem Afet, $0 uu‘l’:.l Mm‘. flnch"'?m‘-'g?-": d:‘;‘l“tt‘:h'“\:‘l.zfi ot ot The e "”w S cbturs of the bsky whoslio holil depasita It Nebraska sud Desu Richmond, Chlcago; Hpt W HITE S IAR IIINE, and took the bouds. "“fl’r)o you ku# wnythiug about thelr hoving a* note of Alex McDoiiald's, fudorsed by Jesse O. Norton, for 35,0001 %1 dow't kpow it In just that way, but I know that McDonald has been Sguring with Halues for sume time snd tryivg to sottlo bis atters up some way or other. Haloes may he pereliteucy of the run upon bis bauk. , Boon after Spencer's fallurg A PHOPUSITION WAS MADN to him by a man 1o quictly take $100,000 of the Lank's funds and use It in she purchase of bank books for the beuelitof the fuatitutfon. This would do rood o two ways: The bank would Newburg, 100 brls ccinent; Onel 10 brie cement, Chicagu; Passalc, Greon y1 schrs Helvelis, Cbicago, 00 tous conl; A, L. dudrews, Nilwaukee. 50 tons coal; barge Bagil cago, 460 Lons ceal. ——— TIE CANAL, L' a2 ndoLEy’s. o D0riog 1673 be Liud iade foans smounting to ut 850,000 to K. 3L, Livoley on his theatre, }ml b February of the following year these *mn(n-ml some previons vnes mude'to Hooley ¥ Quinlan were consolldated, Al these - wn bruno o Vere pipiod pununted to §65,000, and to, thesy L i, Carryiugihe Mall, butween NEW YORK sud LIVES. oo, | PR hird. ) Rul. fordd iice, ab ot Clark-et. "‘fo‘i&fi #&fl{cuu.': Drafta oa Grest Britaln sud biciaad. s i Lo duur, R s eed) 2 k = 24, . | —1 le, ) [ lur over A yeard %0 of necrucd interest, inuking 8 | be retleved td the uxtent of the & ut un | have bis note for that amount." cuses whe i : Uainaxvont, Sept, 2. —~Arrived—Prop Whale, | sindrica; sl et} T 0y Lebad ot 364560 Which b Fidylity looned pon | cacl ok, and th value of the booke would e | o Weré you intcreated if tols Construction | uly {u cusea whiers thu dupoait-ascuint wib i | ticnry, 2,500 bu coru; Fricadsbip, Meaty, 6,600 | g ardaat bt Lo, SLa ot S le ,J;}fl"{{lfiu. This wu3 to Lo paid oif at the | rutually sppreciated, so that perbapa the run | Company " to his debt. bu corn: prop Welcome, Henty, 4.100 ba corn, | yirg bpu Wi 4 b 1, G Wosuruir Cloveland, 340 FoaBucans ot 1 e ulle A year, Tho Fhlelity was to put | wisht stops that is, they would start n by of- | ~ * 1 bad no copuection with it except ag s cred- | “ Agter readiug tho petition, Judge Williama | Georgly, Henry, 6,500 bu corn; Cayugs, Lockport, | O bu corus, wiat Lens JoPROu (S1RA"CHR 1Sie | don, aud au. % penoe dan, lu the bug-vilive, who was to collect the | fering, sav, 60 cents on the dollar, “Theu thero | ftor. -Iuthat capavity 1 investizated mattens | outered the ful wing orders | 5,600 b3 caray Hardct, Senees, 6,100 bu corn | bhgarwi,schs Buluss vt ) bt curn !’"{l N porrso st Lot bs b thus provide for the faithiul ver- | wouldle a little quict competition, and the | aml fouud they yadstalen everything thercould | ™35 00 ich 4 tnas 1o all cases where & debtor to | Lelle France, Morsis, 4,809 bu com, 1,400 bu | to “Hufaio, O z.".'un"l?u’ ogur, Leed | of il dis- clarges, o b G ot the contract, Tuty was done fur | price would go uu o M, 90, "and 30 | get their hands on *hat was worth stealing. I | 44 Siie Savingd Inatitation at the date of sald | uste; prop Moniauk, Lockoort, 1,031 brls Hour; | G ¢ SG,, S0 yioiitr, T,0.0 bu coru; Kagle fuur- | SOUE oF ur s lonx ~ stan: Jon ‘x tud quitonn amouut must have | on uutil the depositors would refusa to sell, | belleve Iam no fool in busiucss matters, par- | jecelver's appointncut, to wit; yhe 18th day of | Elizabeth, Lasalle, 6,000 bu cotn; Monitor, Mot | 55¥ Sy b ora, 7y ) “u,_'wffl_ Py Sl (v lc» )fi':"u" ! y et gl lu mudh s dnuow, | iuking tiat e iwatiution wws porfoctly | teularly ivestineats, but 1 admit that §wss | sopuber owy " alio” Bad’ 37 depoit | Hlay WO0GMI Gt o L pvrivea—Nep gock, La8IbL 0tk Mowsbiol, 20, by Lot S8 e | Kol by Drugplate 10 il tiiite 1o 3 came Hooley's baukruptey | Sound, and that they werc sling sliave utiboozled duto this thing. ter fing said " lustitution o or her uawe IaveRiunT, Sept, 24— = - | ou 3 ¥ % = - rue; bl battiite trovbles aud ubfl.;allwll!. the rsult by w‘bculflwm This pruw=lliou{how“£'cr, Mr. 1 out, Igot a Mecewrer appolnted, aod b | o sobloct to bisor her onder, the debt €0 1ha | tuuo, Cllawd, 0,000 bu oats, 2,000 bu £yo, aid | wurtl, 1A Getds 13 Uris Bauz, S0 Bl purk, 127 Laica | tie Uuiied skikew