Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1873-10-02
OUR NEW YORK LETTER.
The Panic not Affecting Business Throughout
the Country-A Lottery Prize Law suit-Han
. Million In Qucstion-The cost Of
First Class Bridge-J0uings.
New York, Sept. 80, 1873.
COMMERCIAL INTERESTS NOT JEoPAR-

DIED.
News from the rest of the coun.
try shows that beyond exciting
good deal of extra caution on the
psrt of the bankers, the Wall street
panic has slightly affected the course
OF general business. A few suspen-
sions OF not very important nature
are reported from Pittsburg, Buffalo,
and elsew here, but on the whole the
commercial classes throughout the
country seem to be quietly waiting
till their excited brelbern in York
come to their senses again. OF
course, if this altitude be maintain
ed, it will greatly assist the restora-
ton OF confidence here, and, consid-
ering the sensational reports which
have beeen SO cruely and recklossly
scattered over the land in regard to
the state of things in this city. the
comparative absence of panic at 9TH
or business centres is as surprising
as it is creditable. A good many
savings banks depositors were pre-
pared to give the panic fresh start
recently by beginning "run" upon
the institutions. The general adopA
tion of the rule requiring thirty to
sixty days notice for The withdrawal
of deposits operated as most effect
ual check upon this movement. Sew
eral savings banks paid out all sums
on demand, and one or two satisfied
all corners without taking advantage
of the rule. Meantime, time for
calm reflection had been gained, and
that is calculated among savings
banks depositors as well as larger
capitalists, to be the best security
against further attack of unreason-
ing alarm.
A ROYAL PRIZE FROM ARoYAL LOTTERY.
The luck of Richard Pension, the
Philadelphia ale vault man, in draw
ing in May last q $500, 900 prize from
the Royal Havana Lottery is pretty
We'll known by this time to Gall the
world and the rest of mankind" 1t
is also known that one Elisha T..
Whitney, also OF Philadelphia, put in
claim for half of the amount on ac~
count of his personal OUTLAWS and ser.
vices in the matter, and that TO Sc
cure a portion of his claim he OBJ
tanned an attachment against $l10,>
600, a. psrt ofthe prize money in the
possession Of August Belmont & Co.
OF this city. A motion was made a
few days ago to set aside this attach
ment and the same argued at consld~
cradle length by Judge Pierrepont
and Luther K. Marsh, the re-
spectivo counsel in the case. Judge
Fancher took the papers, reserVing
his decision.
WHAT 1T Costs TO BUILD A BRIDGE
The monthly statement ~ the
East River Bridge company was sub
mitted to Mayor Powell OF Brooklyn
lately 1t shows total receipts of
1902, 1860, Of which the larg, 81 item
is 5000 900 paid in on capital stock
The expenditures foot up 1913 $50 50
of which the largest items are $685.
GA 81 for granite, S16,S IS for
limestone. SIC, 26173 for labor, and
$500 II for freight on account. A
contract has been awarded fer 5000
cubic yards of limestone for the
Brooklyn anchorage.
GOSSIP AND JoTTINGs.
The Scythe, the Changers new pa
per recently started here, has some
terrible hits in its second number on
the panic and the causes. The ,Scythe
takes the ground that there will be
before January the greatest crash
ever known, and shows why it Is in
evitable, The paper is a great sue
cess.
One Of the most beautiful and per-
feet things to be seen in the musical
line is at the Piano Establishment of
Horace Waters O. Son of 481 Broad
way. 1t is styled the new Concert
Parlor Organ. The specially of this
instrument is in its concert stop
which is produced by an extra set OF
reeds, so toned as to resemble the
human voice in very striking man,
ner. HENRI.