Chariton courier. (Keytesville, Chariton County, Mo.) 1878-current, 1879-11-29
COMMERCE. AND INDUSTRY.

Walker Brothers & Co., wholesale dry
goods, Memphis, suspended on the 18th,
Liabilities about 500, 900; assets not stated.
Jay Gould has been elected President OF
the Missouri Pacific Railroad and S. Ii.
Clark Vice-President and General Manager.
Mr.. Clark is the General Manager Of the Un-
ion and Kansas Pacific Railroads.
1t was currently reported in Wall Street
ON the Goth, that the Atchison, Topeka and
Santa Fe Railroad Company had completed
an arrangement with the st. Louis and San
Francisco Railroad Company, in pursuance
of which line is to be built from Santa Fe
to San Francisco under the old charter Of the
Atlantic and Pacific Railroad. This
charter is still valid, and the land
grant carried with it covers about
40,OO0, 900 acres. Bonds are to be issued
to the amount of 81, ,OO0, ,OOO, secured by these
lands and the road, and guaranteed by the
ST. Louis and San Francisco, and Atchison,
Topeka and Santa Fe Railroads. These
bonds, it is said, have been placed already.
The Atchison, Topeka and Santa Fe Com
pany has its grading finished to the Rio
Grande now, and it was expected the rails
would all be laid by the first of December.
The new road commences at the Rio Grande
and is to be pushed directly to the Pacific
Ocean.
Sixty-five English, Irish and Scotch farm
ers with their families sailed from Liverpool
on the 2lst, for New Orleans. They are most
ly destined for Texas.
The New York and Chicago stock markets
were greatly excited on the Goth and 21st by
the rapid decline in stocks of almost every
description. The bears had it all their own
way for time, and operators were almost
frantic in their efforts to "unlOad" at any
price. Itwas the most exciting time in Wall
Street since the panic of '73, but, unlike that
event, fortunately resulted in but few fail
ures.
Charles G. Bosse, for several years book
keeper of the Fire aud Marine Insurance
Company's Bank OF Milwaukee, is under ar
rest charged with appropriating to his own
use large amount of the banks funds, va
riously stated at from 100000 to $3.50, 200.
1t is not stated what he did with the
money, but it is presumed he lost the larger
part OF il in specializing. Alexander Mitchell
is the President and largest stakeholder in
the institution. IL is rumored that Bosse
had outside confederates, who assisted him
in his schemes TO plunder the bank.
Jim Keene is credited with having made
from 10000, 900 to 81, 900 900 by the recent
crisis in Wall Street, although, as alleged,
the whole thing was engineered by Gould,
Vanderbilt and Sage for the express purpose
of "squeezing - Keene, who is one of the
most courageous bulls on the street. As in
most hurries Of this kind, all the big specu-
lators profited by both the ups and downs,
while the small operators and outsiders gen.
orally were pretty badly heeced.
The beer brewers OF Cincinnati have
entered into an arrangement to CONSOLE
date all their establishments into a joint
stock company, with capital of about S.
100000.
Congratulatory kilograms between Presi-
dent Hayes and President Grevy Were ex-
changed over the new French cable upon the
opening of communication, Nov. %.
The ease of the Post-oflice Department
against the lottery establishments is to be
settled by the Supreme Court on an agreed
case.