The New York Herald Newspaper, September 29, 1873, Page 7

} . : ——— SPAIN. Bombardment of the City of Alicante by the Insurgent Navy. ‘MERCHANT SHIPPING MOVED FROM PORT. British, French and German Men-of-War in Position as Neutral Spectators of the Solemn Event. Five Hundred Projectiles, Petroleum Bombs ‘ and Others, Sent Into the Town. Prompt Reply from the Forts and Batteries and Eventual Crippling and Retire- ment of the Assailants, ‘Bulletins Describing the Radicalist Tactio, Ita Intent and Effect, Republican Naval Rein- forcements: TELEGRAMS TD THE NEW YORK HERALD, Manz, Sept. 27—Evening. ‘The efforts of the foreign Consuls to pre- ‘vent the bombardment of the city of Alicanto by the Spanish insurgent men-of-war failed. Admiral Yelverton declined to go beyond his instructions from London, which were ‘‘to gaaintain an absolutely neutral position.”” ‘MOLEMN PREPARATION FOR A SERIOUS EVENT. All the merchant shipping left the port and anchored at safe distances outside. ‘THE FOREIGN FLEETS IN POSITION AS NEUTRALS. The British fleet was moored within the harbor, on the right; the French on the left of the harbor, and eleven other foreign men- of-war, including Imperial German vessels occupied the centre. READY TO FIRE. Inside of these lines the Spanish rebel iron- clads Numancia and Mendez-Nunez took up their ‘position and prepared to bombard the place. The German commander at the last moment offered to stop hostilities, but the English and French commanders refused to join him in the act. ‘FIRE OPENED WITH DEADLY INTENT AND HEAVY DAMAGE. The bombardment was opened at five o’clock this morning, 27th instant, and 500 projectiles, some of which were filled with petroleum, were thrown into the city. Great damage was done, and several edifices are now in ruins. PROMPT REPLY AND THE ASSAILANTS CRIPPLED AND IN RETREAT. A vigorous government fire was returned from the forts and batteries on the shore with effect, for at the end of seven hours the rebel iron-clads shipped cables and withdrew in a damaged condition, A SCENE OF ‘‘WANTON OUTRAGE” CLOSED. Spanish Minister Maisonave telegraphed to Madrid at noon to-day, that the bombardment had ended and declared that it was ‘‘a wanton outrage which should be held up to the rep- robation of Europe.” REPUBLICAN NAVAL REINFORCEMENTS. The Spanish men-of-war Vittoria and Ala- \mansa, recently released by the British, will be ‘despatched to the relief of Alicante. (CABINET ATTENTION TO THE LOCAL CONDITION. General Ceballos and Minister Maisonave \rrived at Alicante on Friday, 26th inst., and yere enthusiastically received by the people. Sulletins trom the Scene of the Bombard- mt—The Insurgent Gannery Tactic and Intent—Ministerial Encouragement to the Loyalists. Manrm, Sept. 28, 1873. ‘Farther particulars of the bombardment of Alicante show that the insurgents directed tlzir fire chiefly at the castle, which overhangs thy town at an altitude of 400 feet, hoping that bythe fall of its walls a part of the city might be destroyed. One shell struck the public building in which the national and city authorities were assembled. The city walls are damaged in. several places. The rebel vessels at one time came close to ‘the shore, but they were driven off by a rapid and well-directed fire from the jetty. The Mendez Nufiez lost her funnel. Minister Maisqnave visited the most assailed points during the action and encouraged the men at the guns. A Highly Important Duty at Hands of the Cortes. ‘ Manrm, Sept. 28, 1873. The Cortes, on reassembling, will proceed to the election of a President of the Republic. Sefiors Castelar and Salmeron are the most prominent candidates. OHEAP TRANSPORTATION. A Convention of Anti-Railrond Monopo- Mes To Se Held in Chicago. CHICAGO, Sept. 28, 1873. The State Central Committee of the Iinois State Farmers’ Association have issued a call to farmers’ clubs, granges, farmers’ associations, agricultural societies, boards of agriculture and other organiza- tions of the industrial classes of the United States, requesting them to send from their own numbers, identified with their interest, one delegate from each organization, to meet in Chi- cago op October 22, for the purpose of discussing the prevailing overcharges in transportation, to insare a perfect organization of the agricuitural and other industrial classes who chiefly suffer from these overcharges in every State, Territory and Province in the country, with @ view of throwing acombined and overwhelming influence against ‘uture exactions, and to take such measures as thall secure prompt and efficient legislation that shall end in fie complete extinction of all railroad other monopolies now preying on the produc- tive interests of America, the NEW YORK HERALD CUBA, Progress of the War Against the Insurrection—A fevere and Fatal Skirmish. TELEGRAMS TO THE NEW YORK HERALD. Havana, Sept. 28, 1873. The Spanish forces captured without resistance an encampment of 500 huts in Jova. In @ skirmish on the 20th inst. with the in- Surgents the Spaniards killed ten and took several prisoners, . The Spani@rds had six wounded and twelve bruised, Bankers and Merchants Becoming Panicky. HAVANA, Sept. 28, 1873. There ts a panicky feeling here among bankers and merchants. THE LAND OF THE UTES. Great Value of the 400,000 Acres Ceded to the Government—Land Bursting with Gold and Precious Metals—A Wenderful Story If True. DENVER, Ool., Sept. 28, 1873, Mr. Thomas K. Oree, Secretary of the Board of Indian Commissioners, arrived here to-day. He brings with him a copy of the Brunot Ute Treaty, signed by the Indians. In company with six Indian chief, Mr. Cree spent a week exploring the Brunot purchases. ‘1hey visited the San Juan mining region and report it immensely rich in gold, silver, copper, lead, iron and coal. Five hundred valuable leads have been located, and one mine, the only one fully tested, is yielding, with poor machinery, $1,000 in gold per day. This mine, “The Little Giant,” sold, with- out legal title, to a Chicago company for $500,000, and, since the treaty, is valued at $1,000,000. Improved machinery ts now en route for, the mines. A mine with better in- dications on the same lead is being negotiated for at $450,000, The ore from this lead yields irom $2,000 to $5,000 per ton. Another lead undeveloped Yields $8,000 per ton, The couatry is very rich in silver, one lead being very rich, a vein six leet thick having been found. * There immense veins of copper cropping out on the surface, none of which are taken up. Iron and coal lie in close prostimity, the latter being of superior quality for smelting purposes. Fifty town lots Were located on the news being received that the treaty was signed. The country 18 immensely rich, and, with capital to develop it, is good for $100,000,000 worth of precious metal. Mr. ree and party SDERE seven days in the saddle, crossing three main specimen ranges of the Un- compaghre and San Juan Mountains, crossing at altitudes of from 12,500 to 18,000 feet in the open air, riding through rain and snow over steep trails and through fallen timber, swamps and rocks, ‘They report the country as being the grandest in the world for mountain scenery. At one point they saw about 100 peaks, from 14,000 to 16,000 feet high. The mining region 1s surrounded by as goo chain of mountains as there are in the country. The country acquired contains about 400,000 acres of the most valuable mineral land. The proceed- ings were in the shape of an article of agreement, and do not come under the head of a treaty which is Jorbidden by law. * WEATHER REPORT. Wark DEPARTMENT, OFFICE OF THE CHIEF SIGNAL OFFICER, WASHINGTON, Sept. 29—1 A. M. Probabilities. Fur New England the pressure will diminish, with fresh and occasional brisk winds trom the southeast and southwest, increasing cloudi- ness and possibly occasional rains. For THB MIDDLE STATES FRESH AND BRISK SOUTH- BRLY TO WESTERLY WINDS AND PARTLY CLOUDY WEATHER, WITH RAIN, ESPECIALLY FOR THE NORTH- BRN PORTIONS. . For the South Atlantic States gentle and fresh east to south winds, partly cloudy weather and coast rains, For the Gulf States, east of the Mississippi, gentle and fresh southerly to westerly winds, partly cloudy weather and occasional rain areas. For Tennessee and the Ohio Valley partly cloudy Weather and rain areas, but followed by winds veering to west and northwest and clearing weather. ‘ For the lower lake region cloudy weather and rain areas, the winds veering to west and north- west, with clearing weather and lower tempera- ture, Midnight telegraphic reports from the upper lake region and throughout and west of the Mis- sissippi Valley are missing. The Weather in This City Yesterday. The following record will show the changes in the temperature for the past twenty-four hours in comparison with the corresponding day of last ear, as indicated by the thermometer at Hudnut’s harmacy, SS ne ‘ 973 1872, 73. 1872, 1873, 59 65 330 P, m1 82 57 67 67 78 Average temperature for corresponding date Jast year. ‘ NEW BOOKS, “The Irish Race,’f by Rev, Aug. J. Thébaud, of the Society of Jesus, and published in handsome form by D. Appleton & Co., is a book treating its sub- ject in a style which is at once fresh and vigorous, philosophical and eloquent, There is no doubt that too much friendly sentimentalism on the one side and inimical iconoclasm on the other have united to cloud the common mind regarding the history and the attributes of that portion of the Celtic race which made Ireland its home. The learned author of the work before us is a Frenchman, and brings to his subject deap research, wide read- ing and a distinguishing calmness—the latter a rare quality with writers on Ireland and the Irish. The standpoint from which he observes most of the lasting glories of the race is that of religious faith; but the treatment is fair and open and has the saving merit of being pointed with fact and freed from cant. It is not so much Irish history as its philosophy which he has spread before us; and, no matter how much may have been said against the conclusions he deduces, no treatise on either side has been so clearly and candidly written. From the mass of confusing details which warn the ordi- nary reader off Irish history M. Thébaud has con- structed a whole which he treats from various points of view—racial, epochal, religious, political and soclai—and, in each case, triumphantly evoking from the facts the deductions which he has anticipated in a model preface. His view of the struggle between the Irish clanships and feudalism one may point to as an admirable in- stance of his style. His homage to the learning of Ireland of the seventh, eight and ninth centuries develops in its course the cause in race character, whieh then, as now, isolated Ireland from Europe. There is an ingenuity in his following up the idea that the Celts have never been seasarers, which again he attributes to the race character. Their fervid attachment to Vatholicity in Ireland he, of couse, applauds and makes it the corner stone of Ireland's future glory. Tried and tortured, it has triumphed in making religion free, and, with faith as their stad, he foresees a happy fortune for the Irish at home and abroad. ‘Home rule,” to be sought by ‘moral force” alone, he looks on as not so far from attainment as Catholic emancipation was believed by the Froudes of the time to be 1n 1829, NEW PUBLICATIONS RECEIVED. From James R. Os & Co., Boston, “After. math.” By Henry Wadsworth Longfeliow, From Macmillan & Co., London and New York, “The Pillars of the House; or, Under Wode, Under Rode (two volumes). By Charlotte M. Yonge. From G. P, Putnam’s Sons, “The Boy with an Idea.” By Mrs. Etloart. The Girlhood of Shaks- peare’s Heroines.” By Mary Cowden Clark. From Lee & Shepard, “John Godsoe’s Legacy.” By Flijan Kellogg. ‘The Yacht Club.” By Oliver Optic. “Womanhood, Its Sanctities and Fidel- ities,” By Isabella Beecher Hooker. From Porter & Coates, Philadelphia, “Lady Geern-Satin and Her Maid Rosette; or, the History of Jean Paul and His Little White Mice.” From, the French of the Baroness E, Martineau dos Cheng , MONDAY, SEPTEMBER 29, 38 Gnas WALL STREET. |THE CURRENCY DIF/KELIY. Going Over the Field of Strife of the Past Week. COUNTING THE GAIN. Current Instruction for Future Operations. RESTORATION OF MORALE. Hopeful Outlook in the Foreign Exchange Market. es The Proposed Stock Ex- change Bank. Would It Limit the Danger of Stock Revulsions ? In glancing back over the events of the past week in that special world which is described as Wall street, there is abundant matter alike in the events themselves, in the causes leading thereto and the consequences likely to follow therefrom, for the most earnest consideration. The failure of two leading houses the previous week that had enjoyed in a bigh degree the confidence of the street, and of many others of less importance, appeared to summon from their graves the ghosts of adead past that had been long buried to re- count their stories of ruin and disaster that have given them a place in men’s recollection and affright us with ill portents. The close of business Saturday night a week ago left the street in blank amazement at the sudden distress that had over- taken it, and in THE SUPREME RGOTISM OF SUFFERING in the full expectation of universal bankruptcy. With Wall street thus agitated those involved there thought general ruin impending, as to them there seemed no way out of the difficulties that appeared to environ the entire business of the country. In this fancied extreme strait the President was appealed to to use his extraordinary powers for the relief of the people, but, not deem- ing the situation as grave as it appeared to the excited minds of his petitioners, he limited his response to extending such relief as came within nis ordinary powers, declining to establish a pre- cedent for any further exercise of power than that given him by express provision of law in the then existing condition of affairs. Compelled to be sat- ished with so much of help as was thus promised them, and forced to rely more upon themselves, their acquiescence was obtained toa plan subse- quently adopted by the associated banks for the use of A NEW TOKEN in current exchange, good for the adjustment of balances at the Clearing House. In the meantime, pending the perfecting of this arrangement, the Stock Exchange on Monday morning last, on meet- ing, promptly adjourned subject to the call of the President, Thus was the panic, which was confined wholly to stocks, arrested or smothered in its in- ciplency, opportunity afforded for mutual examina- tuon of accounts and settlement through the new medium of exsnanae furnished by the banks, whie these were left free to employ their currency balances for the ease of the commercial commu- nity. How successfully this plan has worked dur- ing the week is shown in the tact that the panic has been confined almost exclusively to the circle which gave it birth, composed of those engaged in stock speculation, and NO STRICTLY COMMERCIAL HOUSE HAS BEEN SERI- OUSLY AFFECTED— that is to the point, o! suspension—thereby. Much uneasiness and some embarrassment was, of course, felt in commercial circles by the scarcity of euEOnOy TOW ANE out ofand a part of the Wall street crisis. This, with the nigh pore ing Tate de- manded for the use of gold, caused a dead lock in the toreign exchanges, and, arresting the forward movement of our crops, threatened at one time widespread disaster. The intricate system of credits whereby the grain is brought to market and made to return cash to the producer long ere it reaches the consumer was deranged in its most delicate oper ee eee of rendering the com- mercial bill of the shipper here convertible into current funds. The scarcity of cash gold made dificult the negotiation of these COMMERCIAL BILLS, while the ae, of money lost the seller a large portion of his legitimate prone in converting his Cee into currency. Just here, where the machinery of marketing our surplus crops abroad was most complicated and required the nicest adjustment to maintain the forward movement, pay. freights, &c., it ceased for the time to work; and although there was (and is) plenty of grain at hand, and paid for, ready for shipment, the the interruption, if continued, will have a very damaging effectupon the market later. Some re- lief is apparent in this regard, however, in the easier rate for money which prevailed at the close of business Saturday night, when it was ireely of- lered at the normal figure of seven percent, A better demand ts also reported for cable transfers, which are being supplied by grain vane t some of whom have received authority to draw in this way. With the prepayment of the November in- terest, should this easier feeling in money continue aiter the reopening of the Stock Exchange on Tuesda: there is fair ground to hope for it, inasmuch as it arises trom the release of funds locked up during the week through the refusal of some large houses to settle, put who accepted a settlement on Saturday, it will insure a quick re- vival of business. All the rumors afloat on the street at the close on Saturday had in them the promise of a complete WIPING OUT OF OUTSTANDING STOCK RNGAGRMENTS between then and Tuesday, and a very confident feeling prevatied in respect to money. Among the reforms suggested by the exigencies which have arisen during the present panic that of the establishment of a Stock Exchange bank on a plan similar to the Gold Exchange bank, that should keep the stock accounts of members and be their regular clearing house, merits attention. Business on the Stock Exchange has grown 80 ex- tensive of late years that it ought to be divorced in its daily exchanges from banks associated with commercia! dealings, and have its own particular aid inthis respect. [tis customary in times like these to hear much SUPERFLUOUS INDIGNATION expended upon the “bulls” and “bears’’ of Wall street, and numerous plans are sagely submitted to the public for their utter annihiiation. Now, this i wron; In @ country like this, where “the ult of piness”’ is proclaimed the in- alienable right of all men, such of them as choose to seek it in the crowded halls of the Stock Ex- change and find a foretaste of heavenly bias, which they are taught to believe is the ultimate happiness, in spending their Gaya howling, have that privilege; and, as the riches they acquire are more likely than others to take to themselves ‘wings and fly away, rather deserve pity, and cer- tainly do not merit such sweeping condemnation. WALL STRERT 13 A SAFRTY VALVE upon the great locomotive Barr) which year alter year draws us onward to increasing great- ne and by its warning notes gives signal of Ganger in our carrying too mueh steam, and fur- nishes us with an opportunity to blow off beiore an explosion eccurs. Tis also intimately associated and identified with all material advancement, fur- nishing the means of enterprise and the incitement thereto. Speculation is the mother of many great improvements; it sets CAPITAL IN MOTION too, and keeps alive an active spirit even among the industries, We would simply stagnate withoat Wall street, instead of increasing our growth and greagness, as we hope todo in the years to come through ifs constant stimulus, We might perhaps be able to separate Wall street to some extent trom steadier enterprise, and while we could not, nor ought if we could, seek to confine its energies within any limit, might so fence it in that its re- curring revuisions would not expose us to the danger of general disaster. The propgsed bank might be a benefit in this regard and fs at least worth the experiment. DISASTROUS FIRE IN COLORADO. - * DENVER, Sept. 28, 1873, Two-thirds of the flourishing mining town of Fairplay, Col., was destroyed by fire on Friday night, the 26th instant, The fire originated in Fair- play House and spread rapidly in every direction All the stores, printing offices, United States’ land offices, Post Office, express office, holels and other business places, with two or three exceptions, were entirely destroyed. Many lost their stores, stocks, dwellings and everything, excepting the clothes upon their persons. Much suffering will result, as the season is too far advanced jor re- building and the weather ts already extreme! cold, ‘The news was received here at one o’eloc! last night. Some of the churches took up collec. tions to-day for the sufferers. Other measures of relief will be taken by the people of Denver on Monday. Letter from the President Defining the’ Policy of the Government. WILLING TO TAKE ALL LEGAL MEASURES. A Liberal Bank Policy and a Generons System of Discounts Suggested. Prepayment of the November Interest Ordered. Banks of the Capital Orgamized as an Association. THE WEST AWAKE. Chicago Feeling Strong and Hope- ful of the Future. The following letter was written to-day :— EXkCUTIVE MANSION, WASHINGTON, D. C., Sept. 28, 1878. Messrs, H. B. OLAFLIN and Cmas. L, ANTHONY. GENTLEMEN— Tn response to the views you have communt- cated to me touching the present stringency in the money market of the country, and the neces- sary steps to restore confidence and legitimate trade and commerce, I have the honor to commu- nicate the following :— The government is desirous of doing all in its power to relieve the present unsettled condition of business affairs, which is holding back the immense resources of the country now awaiting transport- ation to the seaboard and a market. Confidence on the part of the people is the first thing needed to relieve this condition, and to avert the threatened destruction of business, with its accompanying dis- asters to all classes of the people. To re- establish this feeling, the Government is WILLING TO TAKE ALL LEGAL MEASURES at its command, but it is evident that no govern- ment effort will avail without the active co-opera- tion of the banks and moneyed corporations of the country. With the fourteen millions already paid out in the purchase of the government indebted- ness and the withdrawal of their large deposits from the Treasury the banks are now strong enough to adopt a liberal policy on their part, and, by a generous system of discounts, to sus- tain the business interests of the country. Should such a course be pursued, THE FORTY-FOUR MILLIONS RESERVE will be considered as money in the Treasury to meet the demands of the public necessity, as the circumstances of the country may require. Close attention wili be given to the course pursued by those who have the means at their command of rendering all the aid necessary tb restore trade to its proper channels and conditions. With a view of strengthening the hands of those who carry out the measures above indicated, orders have already been issued for the pre-payment of the interest accruing in November. U. S. GRANT, A Bank Association in Washington. 4 WASHINGTON, Sept. 28, 1873. At @ meeting of the bank directors, oMicers and bankers of the city of Washington, held on the 28._h inst., the folowing preamble and resolutions were adopted, to go into effect on the 29th inst. :— Resolved, That in view of the present uncalled-for and unnecessary demands upon the banks and vankers of this district for currency for other than business purposes, and for shipment to other cities, a very large amount having already been drawn, ‘and in view of the fact that without exception’ the large cities of the United States have adopted similar precautionary measures, the representatives of the banks and the busi- ness men of the District of Columbia, having full conf- dence in the sound condition ot their largest institutions, haye united for mutual support, and pleage themscives fo the following Mine of policy, Uelleving it to be for, the st Interests of the community and of the interest which y represent :— Resolved, That the banks and bankers of the District form themselves into an association, which shall elect a controlling committee of six, into whose hands any bank or bankers of the associ m shall have the right to de- ” the value whereof is ominittee as follows, viz:— ds at par, promisory notes at 50 per cent of their value, and other securities at a value to be determined upon by the committee, anc against the said affixed value each bank or banker placing such collateral in the hands of said committee may issue certificates and certify checks which, upon being presented and paniped “accepted” by said committee, shall be received by all banks and bankers of the association tor their fall value in payment of all maturing notes or other claims. Resolved, That this arrangement shall go into effect on the 29th of September and continue until November i, Signed by NATIONAL METROPOLITAN BANK, SECOND NATIONAL BANK, FREEDMAN’S BANK. A. NATIONAL SAVINGS, BANK. LEWIS JOHNSON & OO.8 BANK. The banks which did not sign the above agree- ment are the Bank of Washington, Riggs & Uo., National Bank of the Republic, Farmers ana Mech- anics’ National Bank of Georgetown. The rules and regulations of the associated banks of this city, adopted by the meeting, are as follows :— ‘The banks and bankers of the association may certify checks for their eustomers In lieu of paying currency tor in deposits held by them to thix uit will open special accounts of currency payable in currency. The certified checks will be received by the different banks and bankers of the association on deposit and in payment of notes due them, which certified cheeks shall be redeemed by the parties certifying, in loan certificates issued by the Controlling Committee upon deposits of collateral security. ‘As agreed upon attheir daily meetings, each bank will regulate its own exchanges with other cities. Ihe Controlling Committee will meet at the office of the Safe De; it Company daily, at four o'clock P. M., for settlement with the banks of tHe amociation, Treasurer William Stickney will have custody of all securities deposited tne ited banks. ‘A controlling comm! pointed by the meeting, as follows J. W. ‘bompson, for the National Metropolitan C. MecKilden, for the Second tional Bank ; Stickney, for the National Savings Bank; L. J. Davis, tor Lewis, Johnson & Co. ; George W. Stickney, for the Freedman’s Savings Bank; John Hits, for the Gerinan American Savings Bank. The action of the banks meets, partly, the ap- proval of the Treasury oMctals. An impression prevails to-night that those banks which did not sign the agreement will do so in less than forty-eight hours. Financial Affairs in Chicago. Cmicaqo, Sept. 28, 1873, The Clearing House Association of tus ctty held an adjourned meeting last night, which was at- tended by representatives of all the banks be- longing to the association, including those which suspended on Friday and yesterday. The com- mittee appointed on Friday night to consider and report @ plan similarto that adoptedin New York and other cities providing for the issue of loan certificates, and the payment of checks through the Clearing House only, submitted two reports, whicn were essentially the same, the only differ- ence being that one recommended the adoption of the New York plan in all its details, while the other recommended the adoption of the New York plan of something similar to it, Alter @ prolon an somewhat irregular discuasion, in which the representatives of some of the strongest banks opposed the adop- tion of either of the reports, both reporta were tabled by a majority vote. The situation here is, therefore, essentially unchanged. A considerable amount of currency arrived here yesterday, a large portion of which went into the banks, and there has been mo serious drain upon either national or savings institutions, Some ef the suspended banks cee an early res: on, and, only one, the Manufacturers’ National, ad- mits that it will into liquidation, id this one ‘asserts that it will be able to pay dollar for dollar. The people generally are taking mattera v mietly, and there seems to be considerable confi- lence among bankers that, with prudent manage- ment and no further trouble Kast, they will be able to pall through. em@cera Qf whe Union National Bak, an: 73.—TRIPLE SHEET, neunce that they will resume business in morning, Opening as-usual at ten o'clock. The folowing gentleme , resident directors, have hie Scare pleagt ie <nomsnlves for th Eerment hereahar= John bs and or that mi made Thom: the bankers before suspend- ing. They Xet belteve it impossible to per- manent); MNntein any different positions from that cepted by more than 2,000 Rational banks of “8° United States, and hope that this unity of action May be secured, Believing it to be a solemn duty in his emergency to share the common jot o! their ccStomers and to act with them in sustaining, by ali /*gitimate means in their power, the commercial inte tests of the country, they have determined to open ¢heir doors at once for the resumption of business. | ‘The Cook County National Bank” sesumes in the morning. ‘The papers speak in hopeful terms the situa- tion, and mention an influx of currency ¢o es for the purchase of grain. They eay ¢ true source of relief is the proaXce of the country. The ‘Tribune says banks that remain closed with large amounts of curreucy in their vaults are the worst enemies to busin 6% in times like these, and call on the Comptroller of the Currency to take steps to compel them to set- tle their aifairs under the National Bank act. The Oceanic will in the morning urge the Presi- dent to call @ special session of Congress to amend the Bankrupt act. The Financial §ituation in Indiana. JEFFERSONVILLE, Sept, 28, 1873. Quite a run was made yesterday on “the First National Bank, put all the checks were paid, and the bank closed at the usual hour. At the Citizens? National Bank considerable excitement existed among the many that crowded around the doors, bat no run occurred. The Ohio Falls Car and Locomotive Company, em- Ploying 700 men, has stopped work in all the shops except the foundry, throwing about 400 men out of employment. The Southwestern Car Company have aiso reduced their force. The stoppage of these business interests is due to their inability to obtain currency to pay off their men. The shipyards of Dawes, Howard & Co., employing @ heavy force of men, succeeded in secur- ing @ limited amount of currency, and paid two-thirds of their wages. A reduction of the force has been made, but the boats now on the stocks will be finished, notwithstanding the scar- city of currency. At Barmore’s shipyard no re- duction of the force has been made. ‘The First National Bank of Memphis. MEMPHIS, Sept, 28, 1873, The report of the committee to examine the con- dition of the Firat National Bank makes a mach better exhibit than was expected, and steps have been taken looking to the immediate resumption. According to the reports its demand liabilities are $374,000 against unquestioned and available assets of $555,000, The doubtful and unavailable assets are $101,000, macing the total assets of $656,000. Alter paying all the liabilities the stockholders can realize par on their shares. On reading the report: of the committee $200,000 were subscribed towards enabling the bank to resume. A Better Feeling in Charleston, S. C. CHARLESTON, 8S, C., Sept. 28, 1873. A better feeling prevailed at the close of business on Saturday, the national banks having received @ larger amount of greenbackr on deposit than they paid out in checks. No suspensions have oc- curred beyond those annoanced on Friday. Suggestions from the Philadelphia Mint. PHILADELPATA, Sept. 28, 1873. In view of the present condition of financial ex- change, the Superintendent of the Mint recom- mends that parties ordering coins of a minor de- nomination remit im currency or Post Office orders for the same. Action of mk Officials at Harrisburg. HARRIsBURG, Pa., Sept. 28, 1873. Representatives of all the banks and savings institutions of this city met to-night and unant- mously agreed to suspend the payment of cur- rency. Financial Matters in Indianapol| INDIANAPOLIS, Ind., Sept. 28, 1873, Financial matters remain quiet. No further run on the banks is expected. Suspensions in Canton, Ill. €anTON, Sept. 28, 1873. ‘The National People’s Bank and Home Bank, of this city, have suspended payment until the finan- cial crisis is over. The reason given is the recent action of the banks in Chicago, Cincinnati and elsewhere. No Panic in Atchison, Ka ~ ATCHISON, Sept. 28, 1873, The banks of this city are doing business as usual and declare they do not intend to suspend cur- rency payments. Three of the banks kept open until five o'clock yesterday. Business men heartily sustained the banks in their determination not to suspend. MILITARY NOTES. hs Sire AT It is gratifying to be able to state that the dis- grace thrown upoa the fair name and fame of the militia of this city by the outrageous condnct of the Eleventh regiment at Prospeet Park a week ago is to be wiped out—at least so atoned for by the action of the State government that mutineers will hereafter iearn that the law can reach a militiaman in service as well as the regular soldier. It is stated on good authority that every man jound guilty by the courts already appointed to try the mutineers will be sentenced to not than two months’ imprisonment, with a fine of $250, and that the oMcers will receive the fullest punish- ment the law prescribes, Alter this the regiment will be disbanded dishonorably. This is just the way to go about it, and it is to be hoped not one of the fellows engaged in the mutiny will es- | cape the penalty richly due him for his disgraceful conduct. In the meantime, while awaiting their trial, though not in actual durance vile, the regi, ment 1s under arrest nominaliy. This of itself is an important step before the trial, for by being ae- clared under arrest amy attempt of escape from the jurisdiction of the court martial! will only guarantee to every one who makes attempts addl- tonal and severer penalties than if he had not tried to get away. Tne Ninth regiment will begin its Ag drills next week. The right wing will drili on Wednes- day evening and the leit on Friday evening. Oom- pany I has clected ex-Captain Leckler as its com- mandant. Company F has given its second lieu- tenancy to ex-Captain Millard. In K Company Second Lieutenant Mulligan has been made first Heutemant and Sergeant Hentzler second lieu- tenant. The Thirteenth regiment will go to Prospect Park to-day for battalion and brigade drill. What has become of Colonei Charles S, Spencer ? The following genera! order, issued by Major Halien nas created a farore among English dic- tionary and grammar publishers, and it is said sample copies of the various kinds im use in pri- vate and public schools are to be'sent to the Colo- nel and his officers. But here is an extract from the order word for word :— This Battalions will parade fully noiformed, armed and equipped, on Monday, September 20th, for Target Practice ‘and Instruction. Line will be formed at the th Reg’t Armory, at 8 o'clock, A. M., recisely, right wing rest ‘on Mott Street.’ Line ‘of March will be through Mott te Canal St, to Bowery up to Broome, 1 Housten to Avemuc ridge, to Houston, through it, to Sd Avenue to the Cars. Arriving at yf Compan; who is detailed as Officer of the G: fe the vaay. AG Wm. Schiliing of "wetter amt Division, is hereby detailed as Officer of ‘day. Companies and ry will find their quarters on the round, designat the General Committee fi it jon. Sohimandases of ‘Companies will, ta Sergeant to act in combination with the Drum Corps Committee for that purpose. Calls tor duty by the drum apd Bugies. ist—| fast 34 of an hour Hiving on the ground. 20—Half an hour atter Breakfas Drum Corps to commence shooting at the Target which the Companies will follow in the same practice. This Companies wilt select 10 men of each Company (ollowe:. To the Gompany which huge the aos toliets H ave ‘Most bullets in the Tare Medal, worth $6000, To the Com: which ‘have the next numbe: The Yrarget, a Gold Medal worth $90 Ob The unocting to be inanded b; Bergeant of their respective. Go , and all Com Mandanis of Companies to act as Ji Rach te will be entitied D 8 it man his shootin "to commence after the different Companies have done their iF call ‘wilt be beat bout 6 fe-tiane rps will be beat ar 8 ovcloc rf _ at al o'c! Sf, Compenics will detall the given number of file, to act as guard. Sth—After the signal light it: A Abam battle will be fought, by 9 detail of the ‘ifferent Compa: ‘under command of and arranged het and Capt Bruer! at the con- Hymne by the oh iment Band. At the sham battle the Artillery, w take aetive part under the command of Capt. Wm. Schii tt id and Com. e ral order issned some time ago trom tne desert Headquarters at Albany, disbanding the First regiment, wilt not be carried into effect. In ogher words, it has been rescinded, Creedmoor is at last to have a refreshment place, At least, people who go there alter a week from now will not be compelled to take rations with them or starve, The old farmhouse of Mr. Creed, near the depot, has been purghascd to ve turned LABNG & BOGS OF BOE T YELLOW FEVER. Continued Ravages of the Epi+ demic in Shreveport. THE TREATMENT AND- NURSING BETTER, Spread of the Disease in the Agricul tural Districts. Twenty-two Interments im Memphis. Suneverort, La., Sept. 28, 1873. The epidemic exmibits hardly any perceptibie abatement, New cases in the city that we know of exceed the tuterments, while there is a further im- crease in the suburbs noted. Qases are reported nine miles in the country, and it is (eared that the disgase Will spread into the agricultural districts until cold weather cuts of its career. Most of the new cases are prominent eitizeus, who for the last few days have been doing well. It now appears that medical sxill has got the pestilence partly under control, though there is no telling” what a day may bring forth. There has evidently been a change in the treat~ ment for the better, which, together with the im proved nursing, i3 doing some good. M. G. Jones, Major J. C. Moncure, W. E. Kennedy, C. W. Lewis, C. W. Burt and J, N. Jones, prominent men dowm with the tever, are considered out of danger. Of the deaths to-day five were ‘colored personas There are a good many colorea people down, but the disease is not near so fatal as with the whites. ‘The interments to-day reached sixteen, agains® twenty-one the day before. ‘The following is a liat of the deaths for the past twenty-four hours :— B. Baker. J, 8. Ashton, Hartwell Prescott. H. G. Coyle. T. H. Garrett, Max Werner, Miss Ellen Burleigh, W. H. Cooper, Ellen Brent, (colored), Damon Williams, James Howes, Becky Douglas and Minerva Lee, Twonty-Two Interments in Memphis. MEMPHIS, Sept. 28, 1878" ‘There were twenty-two yellow fever intermenta yesterday. The total number of interments for the week was ninety-eight, against 128 for the week provious. * ¥Yellew Fever in Illinois. CarRo, Sept. 28, 1878, Considerable uneasiness i¢ manifested at the prevalence in this city of what has hitherto beem denominated a congestive form of bilious fever, j but which some physicians now pronounce to be Yellow fever, modified by a Northern climate. Only six or eight fatal cases have occurred, and the re confined to those whose business kept them on or near the river. There is more sickness here than this city has experienced for years, and in the majority of cases the symptoms are similar to and resemble those of yellow jever in a mild: form. ie ALLEGED CORRUPTION IN THE NEW YORK: STATE SENATE. {From the Utica Observer (democratic), Septem- ber 27.] Isaac V. Baker, Jr., who represents the Twelfth: (Rensselaer and Washington) district in the Senate of our State, is charged with corruption. The charge emanates from J. 8S. Smart, republicam member of Congress from the district and editor of the Cambridge Post. The evidence adduced is in the form of an afidavit signed by George C. Brunnell, Clerk of the Senate Railroad Committee, of which Baker was a member, Brunnell swears that Baker confessed to him that he had made $40,000 through his single term in the Senate, and that he was ready to expend that amount to secure his re-election, It is only fair to add that Baker denies the alleged conversation under oath; and it is proper also to explain that swearing to a lie, in such a matter a8 this, is not perjury in the eyes of the law. An afMdavit, in @ case where no judicial proceedings have beem instituted, carries no paeyeed legal weight than am 4 uneworn statement. itis noticeable that Senator Baker’s denial is open to the same objection which we urged against the denials of the implicated Credit Mobiller Congressmen last year—it does not fairly mect the accusation, THE NORTHERN PACIFIO RAILROAD, PORTLAND, Oregon, Sept. 28, 1873, Work on the Pacific Division of the Northern Pa- cific Railroad progresses as usual. The contrac- tors expect to complete thé connection between the Columbia River and Puget sound, at Tacoma, within sixty days. (SHOOTING AFFRAY “IN PHILADELPHIA. PHILADELPALA, Pa., Sept. 28, 1873. To-day Henry Logan, aged twenty-one, was snow in the back by Edward Lombard, during a fight at the corner of Sixth and Fitzwater streets, and dan- gerously hurt. Lombard was arrested. Died. SraGo.—At Stratford, Conn., suddenly, on Sam- day morning, September 28, Joszru H. Staaa, aged 63 years, Relatives and friends are invited to attend the funeral, trom the Congregational church, on Tues day afternoon, at three o'clock, For Uther Deaths See Eighth Page.| Hale’s Honey of Horehound and Tar orepeners the most troublesome congh within forty- eight hours. 1KK’S TOOTHACHE DROPS cure in one minute, A.—The Espenscheid Fall and Winter Hat—There is truth as well as poetry in the remark that ‘Improvement travels on the car of time.” As am illustration of this tact ESPNSCHEID Reine to his fall if the ESPENSCHEID HH r this season is not an improvement upon any similar fabric hitherto manufactured in America he has wasied his skill and energy and achieved nothing, for he seeks no medium between the extremes. Aut ts aut Nibil, is his motto, and on this occasion his e: ence and judgment ay a a justity him in “announcing his ‘the inost happily conceive model of a # entieman. € it was the di rior Hat whi credit to th of gentlemen's Hats. a rice of this superb article is ENSCHELD figure, $7, and compari- Id on Broadway for $8 rnesly SCHEID, Manutactarer of Gentle- men's Hats, 115 Nassau street. A.—Children Often Look Pale and from no other cause than hi worms in the ac BROWNS VERMIFCOE COMFITS. eee will destroy worms without injury to the child, being perfectly white and free from all coloring or other inju- Tious ingredients usually used in worm preparations. CURTIS & BROWN, P: i No. 21 ton stres Sold by druggists and chemists and cines at 25 cents a bo: A—The W. ‘Trusses has annibil springs and fith: TIC TRUBS, at ture. st Metal Spring tched fi ade, wire | The comfortable RLAS-! permanently cures rap~ ¢ Bread way, A.—For Cleaning and Dyeing Go to LORD'S offices, 6) Broadway, pear Bleecker street, and. %4 Broadway, near Twenty-second street, A.—Ladies, Attention.—La PATENT SEWING SILK VEIL. Bold ery, tancy and dry goods Louse, A entioninl aay and Excited Times for KNOX'S elegant PALL FLATS. All deman torily met at KNOX'S store, the trust comp: disappoints Buy your bats at 212 Broadway, jt Noveltyy every millia~ Batchelor’s Hair Dye Is the Beat in the world, the only true and perfect bair dye; instantane ous, harmless At ail draggists’ Buy the Best, GOODALL's PLAYING CARDS, Sold everywhere. Corns Cured, 50¢. to $1; Bunions, Nails, Joints, de. 8 Broadway, between Thi t Fourtéenth streets. or. teenth R. i. WESTERV! 4 Helmbold’s Buchu of its popularity. Notwithstanding ¢ Helmbold, the celebrated medicine is still man: at the laboratory at Philadelphia, and is sold. by all res spectable druggists. It is warranted for all diseases of the Kidneys and urinary organs. Beware ot countertel I Was ana ates ae ew Yor, Sole Agent. / J fiavane Lottery —We Sold the $500,000 tl 1 i April » | Thvormation sive.” J. WANTINES & Uke We Wal SMa SON Naw Lark Koel oot i