Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1873-10-02

Boley made an ascent from the far GROUNDS
at that place in his hot-air balloon. just DIS
the balloon left the ground it took hre near
the mouth. He had not secured MS 1ootihg
on the horizontal bar on which he STANDS, out
went up hanging by his hands, ana did not ap-
parently see the fire until he was 100 hlgh 10
let go with safety, but hung on untii ne liao
reached an altitude of twelve or hIteeh nun
dred feet, when the canvas that held the hoop
at the mouth, from which he was suspended,
burned away, and he fell, reaching the earth
quarter of mile from the point of starting.
His body was frightfully mangicd, the 1all
driving his legs into the hard ground up to the
knees. Life was extinct.
A dispatch from Shreveport, La, Oh the
25th, says the fever, which seemed 10 nave
abated on the preceding day, had broken out
with renewed violence. The interments num-
bered twenty two.
The Inter State Industrial Exposition was
formally opened at Chicago on the evening ol
the 25th The huge structure was thorough
ly packed. 1t was estimated that 1ully @o,ooo
persons were in. Dedicatory speeches. were
made by L. S. Senator Logan, Ex-Governor
Oglesby and others.
According to New York dispatches OF the
26th better feeling prevailed in that city on
that day, in regard to finances Henry Cle"s
d Co. and Macy g. Howes had proposed to
their depositors to resume BUSINESS on new
accounts, leaving the old to be settied as
securities can be negotiated. Goid had TAKEN
an upward turn. At one period during the
day it had reached 114115, but it subsequently
receded to 11314 and closed at 1854 More
| activity had been developed in Western pro-
duce. Prime bankers sixty day sterling had
sold as low as lO3, and sight 104; commercial
bills at 10l(9l02 for sixty days, and 103 for
sight The banks had cleared early and IN
good shape There had been few sales OF
stock, but the quotations were not consld-
cred reliable. The city had been drained OF
money at lively rate. The Express Com
panies had been carrying away currency at
| the rate of s., 900, 600 a day for nearly a
week. 1t was rumorcd that Fisk ~ Hatch
had perfected arrangements to resume at an
| early day.
Philadelphia telegram of the 26th says
proceedings in bankruptcy had been com
menced against Jay Cooke ~ Co. The pub
lshed statement of that firm showed liabi,-
ties of 1898, 400; assets, 5,966,211.
Advices from Washington of the Goth say
that the liabilities of the First National Bank
of that city are about 81 100000, of which
100000 is due other National Banks Its
| assets are not given.
The Goth was Chicago's "Black Friday"
The Union National, the Second National, the
Manufacturers National Cook County Ma
;;opoI ard tba National Rank of Commerce
all closed their doors on the morning of that
day The Board of Trade of that city had
adopted a resolution prohibiting dealing in
grain options for the present, on the ground
that such dealing had a tendency to depress
prices. In view of the present monetary stu
alton and the difficulty of drawing city de-
posts, the Board of Public Works had decided
to temporarily suspend work on all sewer i'm
provements not actually commenced. A meet
ing of the associated bank had been held in
the afternoon to discus le question of issu
ing loan certificates, bu. no conclusion had
been reached.
According to dispatch from San Francisco
of the Goth the Independent State Convention
had nominated Z. w McKenstry for Justice
of the Supreme Court. The Convention
adopted resolutions that the opponents Of or
ganized corruption form themselves into po-
litical body known as the 'People's 1ndepend-
ent Party" repudiates party fealty as tyran-
nical rule, sinking the citizen to a servile par
tisan; condemning the system of using money
corruptly in elections; condemning all polti
cal rings and cliques formed to control cleo
tons; pledging the party to civil-seryice
reform and TO resist all Credit-Mobiier con-
tracts with finance companies; denounces the
present system Of the distribution of lands
and grants of lands to railway and other cor
porations; opposes all kinds Of subsidy by
Federal, State, county or municipal govern
ments; opposes the present tariffs; favors
taxing solvent debts; favors the eight-hour
law; opposed to Chinese immigration, and
also opposed to the election of the President
for more than one term Of four years. The
last resolution indorses the stand taxed by
Governor Booth in behalf of popular rights
against the encroachments of politicians and
railway corporations.
Washington advices of the Goth say the
Mixed Commission on British and American
claims had made its final award, and concluded
its business one day in advance of the time
fixed by the treaty. In brief the result of the
inquiry had been, that the United States Gov
eminent pays to the English sufferers by our
late war two per cent. of their claims, amount
ing to 81, 929, $40, while American claims
against England had been all disallowed