The Rock Island daily Argus. [volume] (Rock Island, Ill.) 1872-1873, 1873-11-03
One of the Stokes Jurors
Arrested.
Stokes gone to Sing Sing.
The Tilton and Beecher
Business.
Other Items of Interest.

WASHINGTON, Nov 1.-The public debt
shows an increase during Octo-
Der, $3,039,000 coin balance, $50, 3l3, 5Sl;
currency balance 81, 3l2, 1885, coin certif- t
Gates, $27 1863, $50; certificates of deposit /
for redemption of legal tenders, $500 |
900; outstanding legal tenders, $500, esq., !
206.
New York, Nov 1.-The house of H. |
B. Clafin & Co. is freely spoken of this
morning as in trouble. 1t is stated that an |
adjourned meeting of those interested in |
the house will be held at noon to-day.
Fl. B. Clafin & Co. notified the Associ- |
ated banks to-day that they were not in |
need of any assistance.
Stocks have fallen off and the Bank OF |
England has fixed discount rates at per |
cent At this time nobody seems to see
the end.
The banks gained four million currency
to noon today, and now hold eighteen mil |
lions. The lowest amount ever held was
S., $4,000.
The Chesapeake & Ohio Road defaulted
in their interest payment to-day. The
company will make a statement on Mon
day. A number of other new roads have
all promptly met engagements
The railway freight business is suffering
severely from the financial distress, and
many roads are reducing expense by the
reduction of wages and the discharge of
workmen The reduction of the wages of
masons commenced to-day. A number of
masons and laborers on the Delaware 4
Hudson Canal Company works struck.
The failure of Hoyt, Sprague & Co. and
rumors in regard to Clafin 4 Co, have
called attention to the dry goods trade, and
inquiry shows that transactions are slight
and confined to current wants. The house
of Clafin x Co. in sending word to the
clearing house that they need not deliber-
ate longer in their case, that their own
banks and mercantile funds were sufficient
for their necessities, did a great deal to-
wards reassuring the business community
that merchants have faith in each other and
are ready to assist one another Members
of the firm say the house will not stop, that
it is as solvent as any in the United
States. They admit suffering some EN-
barrassment and having allowed some
accounts to mature, but say that all notes
have been promptly met and will continue
to be- One of the firm stated that they
oyerreached themselves in their endeavors
to assist Hoyt, Sprague Il Co., and intima-
ted that they purchased million dollars
worth of goods of them this week He ad-
ded: I'VE are now negotiating for assis-
lance of some sort from the banks and
other corporations. five succeed, every
| thing will run along in regular grooves if
we fail to get assistance we will be COM
| PEELED to ask an extension upon our open
accounts. but not notes for our current re-
ceipts are ample to meet calls now. Don't
understand me to say failure is at all prob
able 1t is not possible, tits simply absurd
to think such thing possible. "
PROVIDENCE, Nov 1.-The committee of
bank representatives report the assets of
A. H. and w. Sprague over nineteen mil
| lion. Liabilities eleven million. Surplus,
over eight million.
Senator Sprague has retired from the
presidency of the company, and Amos A.
Sprague takes his place. A mortgage deed
has been prepared to secure all the pro-
perry and assets, private and corporate,
for the benefit of the creditors. The ere
ditors are very numerous, and possible
objection may be raised to the plan of set
tlement, but it seems to meet with general
favor.
| PHILADELPHIA, Nov jay, Cooke &
creditors earnestly requesting their assent
to the proposed agreement. One of their
heaviest creditors here says if the firm is
forced into bankruptcy they cannot pay
over % cents on the dollar, but if allowed
to settle themselves they will pay every
dollar and have nice sum left.
i. McBeath & Brother leather dealers,
have suspended. Liabilities S50,000 They
will pay SO per cent.
The following firms have suspended
within the past three days: D. Trump 4
Sons, lumber merchants; Rheinstrom d
Co. liquor dealers and rectifers c. & G.
NJ. y Calhghan d Co., sugar and molasaes
importers.
Samuel Cattell, manufacturer, who failed
short time since, is now settling with his
creditors.
PHILADELPHIA, Pa, Nov. 1.-The gold
coinage at the United States Mint in Octo-
Der amounted to 81 0l0,00O in double
eagles The gold weighed 2S tons.
New YORK, Nov. l.-On inquiry at the
freight offices of the leading railroads, i
was ascertained that their freight business
was suffering severely from the fnancia
disturbance, and in many cases railroad
companies were largely cutting down ex
penses by reduction of wages and dis
charge of workmen.
DUBUQUE, Nov. l.-R. A Babbage, the
defaulting cashier of the Merchants Ma
tional Bank, slipped out of town last
Wednesday, in carriage, leaving for part
unknown. He was last seen at the villag,
$ OF LaMotte, jackson county. His depart
9re was kept secret till last evening. Tn,
' rear OF the Grand Jury, which sits mex
D week probably accelerated his fight. N,
!. effort is yet being made to capture him.
p New York, Nov. l.-James Delos Cen
ter, one OF the jurors in the Stokes case
: was arrested tonight and LODGED in M
I cell occupied by Stokes after sbootine FISH
: The Grand Jury is believed to have ;nd; ;et
s ed him for disregarding the oblicat;nnS of
juryman 1t is reported that Center y 70
peatedly said, while in the custS DIV IF IN
Deputy Sheriff, during the trial tbs
: Stokes would not hang, and that he wo,,i,
not do anything to harm him.
Stokes has departed for Sing Sing.
DIR. Henry DeGraf, of Union Hiil. N. 7
is said to be shot by Jas. Columbus, be
cause of the debauchery of his wife an,
daughter. The Doctor is dying.
The name of Theodore TiltOn, at Ply
:, mouth Church last night was erased ron
the roll Of members, Tlton, who wa