Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-10-19
CHICAGO REDIvIvus.
Resumption Of Busiaess-UnusuaI
ACilvlIy-Ths Prospect
Frightening.
The City of tbs Lakes Phenix-liks
Rising From Its Ashss-"shs'lI
be a Credit to Us AL"

| CHICAGO, October 18.-Ten dayi
have passed since the great confsgra
ton, and every day brings fresh occa
sion for encouragement. The city il
orderly. Relief for the poor come:
abundantly. Business is resuming
rebuilding is going on in every direc
tlon, and there Is a much more
healthy feeling abroad than the mOsi
sanguine could have anticipated. The
reports from all the banks are sub
stantially the same as yesterday. Very
little money has been called for, while
the deposits have been large. There
is no difficulty in negotiating bills on
New York sight or time at the old
rates. In financial circles all looks
well. The insurance companies are
doing well, and those that are solvent
pay without requiring the policy
holders to go through the usual for
malities of adjustment, etc. The
American Central Company of st.
Louis commenced paying to-day,
John B. Drake, of the fremont
House, receiving five thousand dol
lars from the company. They will
continue to pay on demand until all
are paid. The executive board of the
Republic insurance company of this
city had a meeting to-day and re-
solved to wind up. Their losses foot
up three million six hundred thou
sand dollars. Their cash assets
amount to nine hundred thousand
dollars. They will pay twenty five
cents on the dollar, on demand.
Twenty-one thousand dollars were
received to-day as contribution to
the relief fund from Memphis, Ten
nessee.
The Times of this morning,
upon what it deems a candid estimate,
make the total loss by the recent fire
S150, 600, 600.
J. W. Doane & Co., and many others
of our wholesale grocer houses, an
nOunce their immediate resumption
of business, and that all their liabili-
ties will be paid at maturity; and
these are a fair index OF what the
grocers of Chicago will do.
The business OF the board OF trade
has been fairly resumed; the pur-
chase and sale Of grain is going on as
if nothing had happened, and the re-
caipts and shipments of grain are
very heavy-equal to any previous
time.
The following is one of the thrilling
incidents of the recent fire, which Oc-
Cured in Washington street tunnel:
During the fiercest era of the fire, and
when thousands were rushing and
surginggthrough the tunnel, which is
one thousand feet il length, the gas
suddenly gave out, and all were left
in total darkness. A terrible panic, a
collision, and the trampliDg to death
Of the weaker by the stronger seemed
inevitable; but, strange as it may ap-
pear, everybody in the dark recess at
once seemed TO apprehend the neees-
sity for GOODNESS and courage. Not a
man lost his presence of mind, but all
bore to the right, each calmly eDjoin
ing upon the others to be steady and
cool, aud to march steadily on till the
light could be reached. Rapidly, but
without confusion, they moved on in
two columns through the thick dark
ness, with almost military precision,
the silence being broken only by fre-
quent shouts OF 'Right, right" There
was no collision, and not a person was
harmed, but all reached the mouth of
the tunnel in safety, and therefore, for
the first time in almost ten minutes,
breathed freely. Some ambitious and
daring individual this morning
worked his way to the top of the
court house, although such a thing
seemed almost impossible, and plant
ed the American flag on the highest
point, where it now floats in the
breeze.
The schooner ]. Lavert, owned in
Chicago, was wrecked on Saturday
last of Manistee, and the crew, seven
in number, all perished except one
seaman, named Peter j. ThOrnum,
who after fearful suffering for many
hours was finally rescued by the
schooner d. p. DObbens.
A survey of the Tribune building
has been made by architects who re-
port that the walls and most OF the
floors are good, and that the whole
can be put in order for $4,000. The
original cost was $4,000.
The Times made its temperance
this morning, with sheet neatly
printed, with an eight column ac-
count of the fire, two columns of edi-
torial, and the rest advertisements.
The leader deprecates the attempt of
interested parties to take the business
below Twelfth street, in the South
division. 1t says there can be no ques-
ton to return to business in the burnt
district. In the meantime the cOnve.
nience of the majority Of the inhabi-
tants should be consulted.
The lower house Of the general as
sembly at Springfield, in session yes.
terdsy, passed a bill to refund the
city OF Chicago the amount paid by
her for deepening the Illinois and
Michigan canal, about three millions,
and providing the sum to be ex-
pended in rebuilding bridges and pub
lie edifees.