Dodgeville chronicle. [volume] (Dodgeville, Wis.) 1862-current, 1873-10-03

| UdllhS Itl0Stu W pay OuS OfS
their counters. and expel all those that do not
Brown & Watson, gold brokers, had suspended
The examination into the affairs of the Unio
! Trust Company had been concluded, and
statement would shortly be made. 1t was sail
. that the defalcatlon of the late Secretar.
, would not exceed 100000.
Advices from Washington of the oath wer
to the effect that the authorities had been dis
! appointed at the renewal of the financial trou
BILE in New York on that day. 1t was reported
that the Secretary of the Treasury had tele
graphed to the President that, in his judg
ment, the purchase of bonds should ceast
whenever the amount of currency used should
reach S12,OOO,OuO The President had not re
piled to this dispatch. An application hat
been made to the Secretary, by leading finan
cial men, to anticipate the redemption of the
$20,O00,0O0 of five per cent. gold bonds falling
due in January next.
A Milwaukee, Wis, dispatch of the 24tl
says the Chamber of Commerce of that city
had suspended, and that there would be nc
trading in grain until further notice,
A dispatch from Wilkesbarre, Pa, of the
24th announced that Brown & Gary, bankers
of that city, had suspended
A Baltimore telegram of the oath announced
that all the banks of that city had stopped
currency payment. Brown, Lancaster q
Cowell, agents of the Chesapeake & Ohio
Railway, having houses in Baltimore, New
York and Richmond, had also suspended.
A Little Rock, Ark, dispatch of the 24th
says the money panic in that city continued,
caused not so much by Eastern financial COM
plications as by the refusal of the city banks
to take the shinplasters that have been cur
rent there.
A dispatch from Richmond, Va, says that
the Richmond Dollar Savings Bank had sus-
pended, and that Taylor & Williams, bankers,
had failed.
A dispatch to the Associated Press from
Brownsville, Texas, of September Oath, says
that series of butcheries and robberies had
recently been committed in Mexico, the vic
TINS in every case being Americans. The
perpetrators of these crimes were arrested,
and their guilt fully established, yet not one
of them had been punished, the authorities
being either Indifferent or powerless. The
facts had been reported by the Consuls
to Washington in the hope that redress
would be demanded.
The New York Republican State Convention
met at Utica on the 24th, and nominated
Francis S. Thayer, for Secretary of State;
Nelson X. Hopkins, for Comptroller; Daniel
G. Fort, for Treasurer; Benz. .. Silliman, for
Attorney General; S. Mead, for Canal Com
missioner; VIM. B. Taylor, for State Engi-
neer; M. K. Platt, for Pron Inspector.
Resolutions were adopted, affirming that the
past history of the Republican party was
guaranty that it would be true to every future
obligation and requirement; that the party
had overthrown the Tammary iniquity, ele-
vated the judiciary, purified elections, and that
the completion Of the reform requires con-
tinuance of its work; that the Republican
party had shown itself the trle friend of tenn
perance; that it was the Imperative duty of
the State Legislature to provae means for the
speedy and cheap transportation of cereals
across the State to tide water; hat the course of
Senators and Representativeswhoo opposed the
back pay and increased compensation was ap-
proved, and that the Republican Senator from
| that State be requested to inroduce a bill to
cover into the Treasury all SIMS undrawn, or
publicly or privately renowned.
The Democratic and Reform State Conven-
tions of Wisconsin united Milwaukee on
/
ticket: VIM. r. Taylor, Govrnor; Charles ID.
Parker, Lieutenant Governor; Ferdinand
Kuhn, Treasurer; Peter Dole, Secretary; A.
Scott Sloan, Attorney -Genenl; Edward Seur-
ing, Superintendent of Schools; M. J. Argand,
Commissioner of immigration. Resolutions
were adopted favoring cheD transportation,
the improvement of the Wiconsin, Fox, and
other navigable waters of Wisconsin at the ex-
pense of the General Government; opposing
protective tariff laws, back pay, monopolies,
free passes to members of the Legislature,
Credit Mobilier, and corrup legislation, and
declaring that the party w'uld vote for no
person whose nomination vas the fruit of his
own importantly or a combhation among par
| tisan leaders.
The State Liberal Democntic Convention of
Minnesota met at st. Paul q the oath, and de-
| cided to make nc nominations. Resolutions
were adopted advising all democrats and Re-
publicans to yield cordd support to the
nominees of the Owatonna Convention.
Information had been received at Washing
ton on the 24th that Colecor Weidner, of the
Second District of Alabama, was defaulter
to the amount of S2O,OOO Orders had been
issued for his arrest
|
to the statistical division o. the Agricultural
Department, published on the oath, presented
an average of ninety-fve, which is about the
same as the September report of 1872. The
area of cultivation had been much larger this
year than last.
The Chicago Journal of the 25th says that it
had become necessary to say that the banks of
Chicago had not suspended payment or closed
their places of business. The action of the
preceding night was not in consequence of
panic, but to prevent panic. They had not
ceased business, were continuing to receive
deposits and pay out such sums as might be
needed for ordinary business transactions, but
when sums were demanded to hoard or with
draw from business operations, they had re-
solved to delay the payment OF these until the
financial storm had passed The currency
stringency in that city had had the effect to
bring the extensive hog and cattle trade to
stand-still, it being impossible to make cash
sales The Union Live Stock Yards contained
sc, 900 hogs and 1000 head of cattle, all that
the yards could possibly accommodate, and
the live stock commission merchants had no
titled the railroads and country shippers that
no more live stock would be received until
/ further notice.
The Cincinnati Clearance-House Association
adopted on the 25th resolution substantially
the same as that adopted on the Oath by the
banks of Chicago.
| A dispatch from Kansas City, No., of the
25th, SAYS that the banks of that city had sus-
pended.
A Memphis dispatch of the 25th says that
the First National and De Soto banks of that
| city had closed their doors.