The daily Argus. (Rock Island, Ill.) 1873-1877, 1876-10-18
TELEGRAPHIC.
GTelegraphed to the Rock Island Argas.l
RUSSIA AND TURKEY.
The Struggle Regarded as Already
Begun.
Other Powers to be In
vOlved.
Great Excitement inI Business Circles in
London.

PEsrH. Oct Intelligence from Vieh
ma states that EDgland considers all diplo-
matte action at Constantinople at an end
The statement has produced very gloomy
feeling here and war is considered unavoid
able, Advices from Bucharest state that
an agreement has been concluded between
Roumania and Russia for placing Rou
manian troops under Russian officers in
case of war. A correspondent telegraphs
an interview with Restics, Servian prime
MINISTER. in which the latter stated that
resumption OF hostilities in which Russia
will participate is certain.
| London correspondents at different
points, telegraph as follows:
: All Russians in Paris under the age OF
40 have been ordered home.
! The new Russian iron clad, Peter the
J Great" is to leave Cronstadt immed
lately, for the Mediterranean.
| Russia has issued a circular note, an-
nouncing that, in the interests of humanity,
she feels bound to march troops into Bull
earia and Armenia.
There are $4,000 mcn at the camp Of
Bender aud 64,UUU around Tlfiis.
Austrias eastern policy will conform
to that of Russia and Germany,
LONDON, Oct, lS,-l2:30, P. NJ. AT
this hour the stock exchange is greatly
excited, and it is almost impossible to give
accurate quotations. Russian securities
declined I, making a fall of nearly 20, within
week. War between Russia and Turkey
is considered already begun, and it is
generally believed that other powers will
become involved A commercial and fin
anclal crisis 10 Russia and consequent
| Ill Il. j H., 81 h
confusion.
! P M-The funded loan is the only
American stock much dealt in, and il
feels the influence of the prevailing de
preston aud is now qu1ted at J54 (GiO6
LONDON, Oct. IS,-The report is con
tradicted that an agreement has beer
entered into between Russia and Rou
mama that the latter should furnish
contingent in case ot war.
b.. Germany proposes to submit to tht
next parliament the propriety of largel.
II increasing silver coinage.
~ LONDON, Oct Is The Globe says
complete panic prevails on the Stock Tx
change The news of Russla's apparen
o determination to make war upon Turke
g has confirmed fears which. for severa
ihs days, have depressed the market aud cul
R. minated to-day in an indiscriminate pres
IN sure upon the sale of all descriptions q
a. stock, not only by Spectators stimulatin
al the panic fears. but by bona fide holder
NJ o. securities, especially foreign. Tner
r. was at the opening further serious de
cline in quotations and it was difficult t
obtain prices at which a bargain could b
v effected, the fluctuations being SO grea
and frequent changes included reductin
y " oi in Hungarian, II in Turkish, 2 i
Egyptian, in Italian, and less but Col
e, siderable decline in all stocks.
New York, Oct. lS.-The Evenin
% Post says the warlike rumors from til
east, with possibility that Europea
powers may become involved in Tu
key trouble, had marked effect on tt
Wall street and merchandise market
this morning, all having been thrown ini
- the greatest excitement. In the gold roo
the scene has been without parallel II
wears, buistrous aud excited bankers b
OF. tor any amount at almost any price, al
purchases which opened at los rapid
- carried prices up to l34. The rise in
days has been per cent the greatest siu
the panic OF 1873. There was subseque
decline and prices have been compar
3 lively steady, between ii and IL, al
- since.
ted ln the foreign exchange there was
advance of to cent in notes for sterli1
l. bills.
to In the stock exchange. U. S. bonds a
ure vauced 4(0ls per centum, and stocks
all kinds advanced a,pid excited pure
I. ases, the rise ranging to CT, the W
mi mi being interpreted to mean greater actlvl
in raili DAD and general trade. The int
ence of the war on grain price here cam
g be predicted and old heads refuse to We
ture an opinion.