The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1875-10-27

breaking in of the water would flood the
mines and general panic and depression
ensue. This, however, soou gave way to
better feeling. 1t was ascertained TINT the
Gould and Curry works were all right, as
were also the works of Savage. This was
considered the key to the position as far as
the stock market was concerned, as the
Bonanza can and will be worked through
the Gould 81 Curry shaft, while the works
of the Consolidated Virginia are being re-
built, and Savage and Gould and Curry
pumps are available to tree the mines from
water. 1t also TRANSFERRED that the new
hosting works on the Consolidated Vr-
ginia and California mines, known as the
G. G. G. works, were unframed. Inquiry
also ELECTED the fact that the insurance
companies, though many of them suffer
heavily, will come up msnfully and pay
all demands. A large portion of the in
surance is in foreign companies who are
well able to bear their losses. The local
companies claim that none of them
Will ~ ~ 10 biNOh Wv
by those known to be insiders
that the Consolidated Virginia would pay
a dividend as usual, although at reduced
figures probably. These considerations
soon had the effect to turn the tide of feel
ing, and now the general impression is that,
while the conflagration is unquestionably
q serious disaster, its effects on the flnan-
cial interests of California will be but lin
tied and temporary. On the streets after
wards stock rallied, and the feeling in bust
ness circles is greatly improved.
APPEAL FOR AID.
The agent of Wells, Fargo & Co. at Vir-
ginia City has telegraphed for aid for the
people rendered homeless and destitute by
the conhagration. Circulars have been tee-
graphed by Wells, Fargo & Co. of this city
to agents in the principal towns on the
coast, directing them to send contributions
of food, clothing and other necessaries to
the Virginia City agent free 'ot charge.
The agent here has telegraphed 81 900 to
Virginia on account of Wells, Fargo & Co.,
San Francisco. The board brokers at the
close of the afternoon session held bust
ness meeting and six thousand dollars was
subscribed in a moment, which will be at
once transferred by telegraph. The Pacific
stock exchange will take action in the mat
ter tomorrow.
But few details have been received in
addition to what has been previously re-
ported. 1t was rumored this evening that
the Opher shaft was on fire but later ad-
vices report that the fire only extended
down short distance, beiog stopped by
the bulk head.
INSURANCE.
The amount of insurance in the burnt
district is not ascertained, but is supposed
to be about a million. No reports of losses
are yet received from agents, and it is I'M
possible to state the proportion of losses to
risks. A rough estimate places the loss at
two millions. fan. .4aI
THE SUFFERERS.
NO loss OF lie IS yet reported. a great
number of people are reported turned out
of doors by the fire, stated at ten thousand,
which is accounted for by the fact that
owing to the peculiar mode OF life led by
the large population engaged in
the mines, who work by shifts,
day and night. In many instances some
lodgings are occupied at different hours by
numerous tenants, and at no time are
household accommodation equal to the de-
mand of the population. Nearly all the
lodging houses and dwellings occupied by
miners were in the track of the confagra-
ton in its northeasterly course, being IN
the immediate nelghborhood of the mining
works. The fire has now burned out and
all danger is at an end. 8