, 1873-10-02

of Chicago banks in stopping payments
of large balances in currency, is almost
universally endorsed. - '''' -
LONDON, Sept. 26. The Daily Tele-
qraph, in an article on the American
crisis, says it cannot be too strongly en-
forced that there is nothing radically
insound here or in the United Slater.
The great mass of capitalists are not
lrected by the trouble in New York,
The Daily Ne,es remarks that in absence
of q system of long credits, materials
for panics among American trading
houses do not exist 1t believes that
the worst is over. 1t is said that bull
hon to the amount of $780, 900 will be
withdrawn from tie bank to be sent to
America by next Saturdays steamer.d
ATLANTA, Ca, Sept. 25.-The Dollar
Savings Bank suspended to-day.
NEWARK, n. j.. Sept. 25.-State Bank
of New Brunswick suspended to-day.
New YORK, Sept. 26.-The actual
disbursement of greepbacks for pur-
chase Of bonds by the Sub Treasury
since Saturday, was $13,OO0,0OO. 5e,i9o
The Governing Committee has decldi
ed to give "a hours notice of re-openips
the Stock Exchange. 4s1. aaii sc.. i4 .
CHICAGO, Sept. 26.--It is just announ
ced that the Union National. Second
Matte nal and the Manufacturers Ma
tional Bank, have suspended A notice
on the door of the former, says the bank
has abundant securities but is compel
led to suspend payment on account OF
the lack of currency until able to rtal
ize. Nothing has been lost by failure
and depositors will be made safe. ~
Cooke County, City and Bank of
Commerce have followed the example
of the Union National and closed doors.
There was run for an hour on the
Corn Exchange Bank, but as everything
was paid it soon stopped. Some who
drew, have re-deposited. Other Ma
tional Banks are paying regularly. T''f
CH1cAGo,' Sept. 26.-The Industrial
Exposition opened tonight iii a mag
n:fcent building erected on Lake Shore
for its use. Not less than 20,OC0people
are in attendance Exhibition exceeds
the expectation Of all. The space III
the building, which is 500 feet long bS
200 feet wide. is filled with products oi
nature aud art in tbs country.
A terrible accident occurred at Wa
baila, Iowa. today. a hot air balloon
caught fire while a balloonist named
Bailey, was han ing by his hanas in
mid. air to trapeze attached, and he
was precipitated FROM an altitude OF
10000 feet to the ground, crushing every
bone in his body.
TOLEDO, Ohio, Sept. 26.--Failure OF
the banking house Of Krauz & Smith, Is
announced this morning, an assignment
having been made after banking hours.
WASHINGTON, Sept. 26.-Fant, Wash
ington IL Co. posted a notice on the
closed doors OF their banking house
to. day, saying: 1--WE are compelled to
suspend payment for the present.
A telegram says the President has
rendered the Office of Chief Justice to
Senator Conkling, and that the Senator
will accept. -- d. 5Hai -fa' b..
New YoRK, Sept. 26.-San Francisco
Cadets left Boston yesterday for home,
sailing on the steamer Colina. '.
Wilkie Collins is among the arrivals
from Europe yesterday.
= We learn that Mr.. Robt. H. Vance
who has invested pretty heavily in lands
in this vicinity, and who is now in the
Eastern States organizing joint stock
company for the purpose of establish
ing saw mill and lumber business on
a large scale here, is impressing on the
minds of Congressman the importance
and great necessity of making all ap-
preparation for removal of the jams out
of the Nootsack River. In connection
with this matter. we will add that about
100000 Of an appropriation would
make the Nootsack navigable for over
sixty miles, thereby affording an outlet
to the inexhaustable forests of the most
valuable timbers on the Pacific Slope or
perhaps in the United States Belling-
han. Bay Nail. .;..-l q.4.
" The proprietor of a young ladies'
; =. 4.