The Rock Island daily Argus. [volume] (Rock Island, Ill.) 1872-1873, 1873-10-08
ELEGR,A.PI :.
The financial Derange-
ment.
More Failures and more
Rotten Banks.
And ore Defaulters and
Thieves.
The Farmers Ticket in
Henry County.
Judge Gary decides that
Divorce Cases must be
heard in Open Court.
Judge Williams decides the
Sunday Law Constitu-
tional.
Aid for Suffering Shreve-
/ port.
Ihe first Snow of the Season
An Important r. r. Case in
Joliet.
SaonnH Anniuov,savx oE fhe G
Ihe first Snow of the Season
An Important r. r. Case in
Joliet.
Second Anniversary of the
Chicago Fire.
Other Items of Interest.

CHICAGO, Oct. Financial affairs here
are about restored TO ordinary ease and ac-
tivity, and business circles are confident.
The number of persons thrown out Of en-
ployment as a result of the so-called Panic
is very inconsiderable A few more will
be asked to temporarily share the burden
of employers in slight reduction OF sala-
ries and wages until the health Of the fl
nancial world is completely restored.
The Third National Bank resumes to-
morrow morning. Bank Examiner Sphinx
declares it 90 be perfectly sound and in
splendid condition.
A special from Danville, H., says: The
Exchange Bank of j. c. Short Il Co. was
to-day compelled to ask of its depositors an
extension of six, nine and twelve month
time on deposits. If this extension is not
granted the probabilities are that the bank
will be forced to suspend. Their assets
consist of the bank, with paid in capital
of 500, 900, the Paris Il Danville railroad
and seven hundred acres of coal lands with
three district mines in active operation on
them Their liabilities are not as yet esti-
mated.
! New YORK, Oct. 7.-Wylie, Knevals
x Co, sugar dealers, suspended this morn
/ ing.
/ In commercial circles the feature of bus
iuess most gratifying is the activity in
grain and grain treights. The export
movement in wheat is on a liberal scale,
and prices are quoted up. The receipts of
wheat are large. The engagements Of
freights for British ports embrace free
shipments Of wheat, petroleum and tObac-
CO.
j. II. Bailey, receiver Of the National
Bank of the Commonwealth. gives a state
ment of its assets, showing the capital i'm
paired 3S3 per cent Ellis, President OF
the bank, is out in a card to the stockhold-
ers and creditors, in which he seeks to dis
credit Baileys statement, and intimates
that Bailey is interested in making a bad
showing for the bank
Ex-City Treasurer Sprague, of Brooklyn
was arraigned to-day under four indict-
ments, and his trial set for the Goth inst
| LOWELL, Mass, Oct. T. John W
Pierce, Jr., Cashier Of the Merchants Ma
tional Bank has been found guilty of irreg
ularities, according to the other officers O
the bank, to the extent of $4,000. Pierce
was also Treasurer of the Central Saving:
Bank, but that institution is said to be al
right. Pierce resigned to-day and made ;
transfer Of his property for the benefit o
, the bank.
CAMBRIDGE, Ill, Oct 6--The farmers
convention to-day comprised 23S delegates
, Mr., Sanford, of Geneseo, moved to re
/ scind the resolution of the last convention
wherein it was resolved to nominate ful
: county ticket to-day. The chair decided
5 the motion out of order An appeal bein,
taken, the chair was sustained by 169 t
: 81, when some half dozen delegates with
] drew. The proceedings were harmonious
- A. Denton was nominated for Count
Judge, Geo. NJ. Stevens, for County Clerk
Geo. S. Elerent, for County Treasurer. AM
< Miss s. A. Phelps, unanimously, for Coun
D ty Superintendent Of Schools. This ticke
will be elected.
!, this morning publishes the results of man
interviews with leading manufacturers il
various departments from which it appear
that the number of hands discharged her
CO. on account of the money stringency, ha
been much over estimated The numbe
I is comparatively small, and most of tn
manufacturers express the hope that a
will 90 through without further reduction
- either III force or time.
CHICAGO, Oct Judge Gary, of tn
Superior Court of this city, made an in
portant ruling, yesterday in regard to suit
for divorce The custom heretofore ha
- been to refer such cases to the Master
Chancery, to take the testimony and max
n a report, upon which decree was rendered
Judge Gary now rules against such refel
ences, and announces that all such sui
Y must be tried in open court
=. Judge Williams. of the Circuit Court t,
day, in several appeal cases, affirmed th
: decisions of the Justices, declaring vail
the Sunday law prohibiting the sale {
liquor IN the city on that day.
In the Republican county convention
> Springfield ILL.,, yesterday, Miss Bell Lev
Is, VINO was candidate for the nominatiC
OF County Superintendent of Schools W,
de1eated, receiving IS votes out of IS.
ST LOUIS, Oct. Nearly two thousar
\ dollars In addition to the amount nreyiou
} ly reported have been subscribed for n
Memphis sufferers and an active commits,
is still working. The Odd Fellows or
Masens have also sent handsome sums
be disbursed by their brethren in tha an;
ted city. About seven thousand dollars
s. Mooney, clothing and provisions have be,
sent to Shreveport and more is being co
tributed.
PoTTsvILLE, Pa, Oct. The fir
D snow of the season fell here this mornin
FONDA, N. Y, Oct. Snow fell he
this morning.