New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-10-18

CONDITION OF THE lNsUhA H>CIl,roN On THE
OF CHICAGo-FAVoRABLE CONDA1
FINANCES OF TIE CITY,
nav TELEGRAPH TO THB TRIBUNE
C.,,o,on Oct ~. The surprisingly nue.
weather unusual at this time OF year III ' =, oon ara
sssstIug the builders greatly ere". - ., tbo
:. ,,orE clearing away the rubbish u 'no 80. 80
rn..onor % Commerce and the hrst po"e n"'o UoH
ChsmOer "a 80 Potter Palmer House. That spen'
80 q, tovnd 10 be wonderfully preserved IN inc
ulu eu'.l and the work Of rebuilding VIII
-, take a great time. A Million was 'oS' ~ i -.
nurnng. but other millions are ready W ooinpio'o a"
h. RiSeIow Hotel OF tine most complete ana peau
simultaneously in the country, aud which was just
,etod before It burnt is also to go up again at
onoe The great Sherman House will also be under way
within week The struggle seems to be who shall De
70 open the great hotels to the swarms that are now
visiting the city Even the theaters are to 90 up at once
and committee headed by the veteran McVckar Is at
work calculating best places for sites. great body
# actors have been caught here by the disaster and are
sadly in need of the recognition Of their East
srn friends. Joseph Jefferson is In town
aud proposes play at the only remaining theater
week or so for the benefit Of actors mere list OF the
new buildings actually beginning fills columns OF 4he
Post and thore hundreds not yet begun that are
contracted for. These, with the wooden structures
already up will accommodate the trade and commerce
Of the city until better days are at hand.
careful estimate Of the Insurance companies Vi
this city gives q pretty hopeless prospect ior inc
citizens insured therein. Their liabilities, carefuly
estimated, reach cas- OOO,ooG and the assets WIN
hardly reach tOoOo,OOo all told. Inc tnn ltsn
Chicago companies stand: Commeroal-asSets' fzoVoVVi
risks $4,000; Fremens, with uninsured risks on the
Lumcerman's-assets, t275OOO LOSSES between t2V"oVo
and 900; state-assets, $2620OO losses, OOOOOi
Eduitable-assets tl2lO 900; losses, 100000 0hese
three Companies win not pay ten cents on
the dollar; Republic-assets in cash collaterals
and unJured stocks, $50 OoOOo with prospect OF pay
ing nearly in full; Merchants-assets, 100000, mostly
invested in the Company's building, and risks Of
SWOOOO with hope Of paying more then 10 per cent
fire asscts o losses ten cents on the dollar
acknowledgements S20 OO and 80 badly rsked that
hardly 10 cents can be paid Lamar this Company had
rensursd many Of its policies In the Peoples OF san
Francisco and is thought will be able to pay nearly In
full; Great Western assets s2I,OOO LOSSES nearly
N,5OO,OO0 and will be able to raise It's pay
nents TO 20 cents on the dollar; Home assets
t2I5OC0; losses 0OO % per cent Germana, assets
6OOO losses 100000; pay 20 per cent These are ex-
cusvey Chicago companies, and they lost largely by
the fire, aside from the outstanding policies.
The lake trade Isl going regularly as ever, and
all that offers an mpediment is the scarcity OF help
The grain trade and grain msn are firm The amount OF
wheat destroyed was too slight to affect the staple at
large and the operators who calculated upon
such q contingency will be badly disappointed.
The million bushels lost will have no percepti0le
effect on tho market here. Flour is quoted at the regu
lar rates. and there is prospect OF the Hour ana Whea
riots so anxiouy apprehended by thoughtful NcwfOrk
commencing to prevent on the sfs most needed
by this forOrn city.
Senator Terry OF Michigan, who is at the mead OF
great lumber hrm ras fixed 1t that 100000 feet OF
lnmber shall be sold to tbs city at once at the regular
mites and great is disappointment Of the umbermen
whose stock escaped the fire. The great loss appre-
hended by suspension of the forwarding trade VIII
not be 80 much at first supposed TRADE Is now
under pretty good headway and every hour increases
its strength Wheat and is unloading for Buffalo,
oPf uksb aeO mt he n
uceess to reyivng industry. The markets this year Will
he more prosperous and successful than ever BEFORE
because earned with substitution OF honesty NTH
erto lacking. 1t Is the opinion on all sides that the
amount Of grain shipped by Lake and Rail this year Will
he vastly in excess Of anything before known The
supply from Wisconsin and Iowa is pouring forward IN
greatly increased quantities.
The good people, cast down they are by accumnateu
misfortunes time to turn eye OF careiu scrutiny
Cd their public servants, and to quiet apprehension
was announced to-day that instead Of being S3oOoOoo
n has been runored, the actual city debt Is not
t,t ooo and the authorities cannot increase 1t
nanny without the aid of the Legislature. They have
Rings in feeble here and the recent fire has exposed
come Of their management as badly as the recent Jour
pastc fire in NewYOrk exposed the dongs Of the three
The Courthouse hero was job the
proportion Of the City Hall Park affair.
The chaos of last week is resolving into order all
around. The Relief districts have been carefully
marked ont, and competent men placed IN
control: the statistics OF the dead OF the
nre are approaching something like accuracy and
reason and some of the thousands OF lost people
are daily brought their friends The attested records
Of the dead prove beyond question anarchy and demora
zaon as the prime Of most OF the deaths In some
streets the corpscs OF found In heaps In such
positions as to indicate that drunkenness generally was
Al the bottom OF the trouble. There are no more
than 100 bodies so far accounted for, but II
IL feared that a great number were swept
AWAY by the OF the lake when the parting CROWDS
had buried themselves in the sand TO escape the binding
Ayaanches Of flame and cnders hurled through inc ar
Some Of the women and children must have persisted
from hunger cold and terror. Not tenth part OF the
runs has been looked through yet and not until every
brick has been overturned the full story Of death be
known
The reopcning Of the public schools is TO be deter
mined upon tonight and everything Is beginning 10
the customary grooves Of law andO ORDER troops
St hold nominal possession but citizens are glad 70
have them here and there is cashing between the
civil and military authorities There Is still suspicion
and dreai OF tncendiaries aud constant charges are
made of attempts to fire churches and puhhc buildings
but there is no attempt ct ynching, during the first
days ofmunicipal cOnvalescenee.
The rush Of strangers and SPECTATORS Is great
All the hotels are packed, with FIVE and six in room;
all private boarding filed and all residences
Hotemen are coming in take turn in the new wheel
Of fortune and before long the place will be one vast
csrayausary Street cara and Stages beginning TO
run regularly through the burned hects and CONNIE III
cation Quickly restoring itself throughout al The DIVE
UiUnh.
CONDITION OF THE CITY.
c,,,,,rn -. ,r,,ppp - OppNING OE TINE