, 1873-10-04
WASHINGTON.
Special Nspatch to 37.e Chicago Tribune.
tyrrr ururf4tts rtrafrERa

WILL RESUME uus1NEsa.
WARRINGTON Oct. 9.-Tant, Washington h
Co., banlers lorc, hayo been given an extonHion
by thoir creditors, and will o''en noxt weok.
To tho Assocufef Irtas.1
GOLD COfNA0H.
WASHINGTON, Oct. 0.--Iho mint at pliladcl-
phin unlor orlorB frutn Washington, Ia ootning
doublo.ca,EKcs 1t tho ratio Of $4,000, 900 por
month. Tho California mint Is running at it's
fal capacity gold coinage snd
aldod to tho fund Of tho Aasay 0filce at Now
York to pay promptly all deposits Of sovoroignB.
JAY cooKE a co. g PROPOSITION 70 THEIR CREDIT
Gov. Cooke, in'conyorsation yesterday au-
nouncod that tho firm OF jay Cooke Il 10. will
Soon mako proposition to their creditors for
tho purpose Of enabling 1t to roHumo business.
Tho memborB Of tho Arm hnye pooled: their prl-
command Of their credltors in liquidation Of
their indebtedness. They propose 10 pay overy
cent thoy owe, both principal and interest. Tho
details Of tho proposition will bo made public in
due tinio.
THE FonTY-FouR MILLION RESERVE.
Senator Logan arrived here yesterday, and
hold lengthy consultation with the PreHdent,
| and another to-day. Tho President assured him
that ho would do I'LL In his poWor to roliove tho
f1nancinl embarrassment Of tho whole country,
| especially III the WoBt. In roforonco to
MOVING onoPs,
ho will put out tho Gil 900 600 reserve az rapidly
NO EXTRA SESSION TO Be CALLED.
| Tho President stated that he would not call an
extra session OF Congress-, but 1T tho regular
session will mako important Recommendations in
| roforcnce to our financial Hy8tem.
| PROPOSITION DECLINED.
Secretary Richardson has wrttcn 1cttor to
the President Of tho Chamber Of Commerce,
Charleston, g. c., refusing tho request that
urer at oharlcston for the pnrpoao Of buying
Now York exchange from tho banks: The Sec
| rotary states that ho lnH declined all similar
| propositions from other p1nceB.
| THE sTonM OVER.
:. No financial excitement whatover now m exists.
Currency is again becoming comparatively plen-
tif,l.
CINCINNATI.
| CINCINNATI, O., Oct. 3.-This has been day
! Of comparative financial quiet. There was aome
anxiety early concerning tho results Of the day
Ut tho Now York Stock Exchange, but this soon
disappeared in the faco Of favorable news both
from tho movement in stocks and II the hnan-
cIal field generally in Now York. The bankers
| ut the close OF banking hours today wore
very much encouraged. In :, tho wnlks
gosa ..a ,oo ou;n0sa tho5o 70 TIM sre m
taro. bus much tho larger number today hnvo
expressed confidence In tho ability Of tho coun-
| try to soou lift itself from tho stagnation into
which it has fallen. Nearly a1l clasees. however,
in Now York, in the belief that it would quickly
be followed by resumption throughout tho coun-
try, md tho early restoration OF confidence.
G1so1ssAr1, o., Oct. 9.-Tl,e financial trouble
| is beginning to show itsolf in a desire on the
part Of u number Of our manufacturers to cur
tail their working force or reduce the time ern~
ployed by operatives. This in no more duo to
the trouble Of procuring currency hero thnn to
the effect they approhend tho stringency will
hive OH tho trade Of tho interior. 4 few manu~
facturers have already reduced tho working
force. and others will follow unless change
con,oH next week.