Iowa voter. [volume] (Knoxville, Iowa) 1867-1874, 1873-10-02

TO introduce Dill 10 cover lnO
the Treasury all sums undrawn, or publicly or
privately renowned.
The West
The Pacific Mail steamer Costa Rica, from
Honolulu, was wrecked at Diablo Point at the
entrance Of San Francisco harbor on the night
of the nth. She was trying to come in with
full head of steam, but dense fog prevailed
and she struck the land with tremendous
force, making a hole in her bow through
which the water rushed in torrents. The
passengers took to the boats and all eventually
reached the docks in safety.
On the 10Th, the suspension of the banking
house of A. c. d o. +. Badger, Of Chicago,
had been announced.
In anticipation OF run upon their institu-
tions, the Inter Ocean of the 22d says that the
Presidents of the fourteen savings banks
of Chicago had conference on the 2lst, and
mutually agreed to hereafter insist upon re-
quiring thirty days notice for the withdrawal
of deposits, according to their respective rules.
A San Francisco dispatch of the Goth says
that, so far, the Pacific coast interests had not
been compromised by the endorsements in
the East. No trouble was apprehended to
general business, except the increase decree Of
caution incident to such state Of things.
A st. Louis telegram Of the Goth announced
that the banking firm of Taussig, Gemp d Co.
had suspended, in consequence Of the suspen-
sion of Taussig, Fisher 81 Co., of New York, of
which house it was branch.
A dispatch from Burlington, Iowa, dated
September 20, says that destructive fire had
broken out in the heart OF the city at one
o'clock in the morning Of that day, which
swept over two squares before it could be
checked The estimated loss reached $500, 000
According to a dispatch from Burlington,
Town, Of the Goth, the Orchard City Savings
Bank, of that city, had failed.
On the Goth came the intelligence that the
Franklin Savings Bank, Of Chicago, an insti-
tuition of no sort of consequence, had sus
pended.
dispatch from San Francisco of the Goth
says that fire lad broken out in the Yellow
Jacket Mine, In Nevada, i'm the 1900 foot
level. Six lives had been lost At last ac-
| counts, the fire had been got under con-
troll.
In Chicago, on the 22d, the impression
prevailed that the worst had been reach
ed. Money was very light, but no
further failures had been announced.
For the first time In the CONNER
cial history Of that city, the usual order of
things was reversed in prices. There was
scarcely any dealing in ''options" on the Board
Of Trade. Cash wheat sold at $1.05, while
seller October ran as high as $l.07 to $l.07L.
Had 1t not been for the panic," remarked a
leading dealer to a reporter, 'befoe the
month closed the difference would have been
greater the other way"
In Chicago, on the Esd, opinions were
freely expressed by leading fnanciers
that the bottom had been reached. The
feeling on the Produce Exchange was excited
and peculiar In the morning every one seem
cd to think that the day would look brighter,
and the market opened somewhat buoyant.
II could not be kept up, however, and prices
dropped till wheat got below one dollar per
bushel.
The long expected prize fight between
Allen and McCoole came of at Chateau Island,
fourteen miles above st. Louis and nearly
opposite Mitchell Station, on the 23d The
contest lasted twenty minutes, seven rounds
were fought, and Allen was declared the
victor. 1t was a brutal affair and the dis
patch stated that McCoole had been terribly
punished.
A full meeting of the Chicago Clearing
House Association was held on the evening of
the oath, at which the following resolution
was adopted:
Resolred, By the Chicago Clearing House Asso-
citation Of the city Of Chicago, that until further
action, and In view Of the disturbed condition OF
sfars in New York and other Cities and the diff.
Guilty OF converting balances into currency and on
the advice Of the Bank Examiner, its members be
recommended and authorized to suspend currency
payments on any large demands made upon them
either from country banks or over their counters.
A Milwaukee, Wis, dispatch, of the Gath,
says the Chamber OF Commerce Of that city had
suspended, and that there would be no trading
in grain until further notice.
On the afternoon Of the 2Sd, Mr.. G. G. Ly-
on, Of the Chicago publishing house OF Ad-
ans, Blackmer u Lyon, committed suicide by
throwing himself in front Of an approaching
locomotive at Oak Park, Illinois. Physical
and mental depression is said to have super
induced the tragedy.
The Democratic and Reform State Conven-
tions of Wisconsin united at Milwaukee on the
oath and nominated the following State ticket: