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Nashville union and American. (Nashville, Tenn.) 1868-1875, September 25, 1873, Image 1

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Seei National
DIRECTORS.
IAS. MoLATJOHLCT, T. S. MAEB,
HUGH MoCREA. R. F. JTOODS,
AttCHKRCUEiTHAM, R. LV "WEAKLEY.
U. P. TURUSTON, M. HENDERSON,
J. M. SMITH;
.Transacts a general baatttejf bsriaeH.
Collections rande acd promptly re-
tmHtcd for at liberal rates Cor.
respendenco Invited and 1b.
formation cbesrfnlly fur
Hlaliod to onr patrons.
W. B. DORTOH, Cashier
JA1CKS 'SEcLAUGHLIN, President.
iiua.m.cuttgA, vice-rresiacnt.
b2 ly sp tp Istcol
"TErtns OF SUBSCRIPTION,
BY MAIL OB AT THE BUSINESS OFXIOB.
Daily, 12 months, la advance..... 810 00,
iiA u? i" " ; o co
S 2 60
' 1 " - 1 00
"tS 1 Tcki " - 26
DKLTVBKXD BT OAKKIEaS TS TUB CITY A.KD
Dally,12 months .-.tJ2 00
" 6 " C CO
" -3 3 00
i'P i ioo
3 1 week 25
Seml-WoeitIy..81. Woofely.... ..$3
": rATAIlLB IK ADTAKCB.
Gold ws.s tctive In New York yesterday,
fidc&sting between lllf and 112, closing
afrlll?.
We are still without our usual quotations
of .Tenrirssee Bonds.
.
Cotton was nominally lower In New
York yesterday, new middling telliDg it
"Thebe is no confirmation of ths rumor
that ex-President Johnson had oa deposit
$00,000 in the First National Bank of
Vasv4ingtoB, which suspended a few days
ago. Tfca people of Tennessee will heartily
rejoica If the rumor shall prove untrue. The
Washington Republican of the 22d inst.
sajs tf this bank:
(There is a report current, derived frcm
apparently reliable authority, to the effect
that this bank will be immediately reor
ganiced under the mosl favorable auspices,
by the addition of sufficient capital to ena
ble It to take up and transact in a successful
and satisfactory manner all the business of
its lite namesake."
The early frost this year have doubtless
done considerable damage to immature
crops. This is esp'cially the cas9 In Wis
consin and other of the extreme Northern
States. We had in this s' ction of the
country a very heavy frost cn Saturday
morning, bat as our crop are all matured
by this time it did little or no damage.
Indianapolis Journal, Sept. 22.
HISSlSSKTl" ELECTIONS.
The Attorney General's Construction
of the Election X.nv A Kew Dllem.
ma-Wbat Next? What Will Ames
.and Alcorn Do About It?
From the Memphis Appeal.
Jackson, Miss., Sept. 22 The Attorney-general
has delivered an official opinion
in reply io the questions propounded by the
Governor, in wtoich ho decides that no gen
eral election for either State or county offi
cers, or legislature can bo constitutionally
held in Mississippi this 'all. His argument
is substantially as follows:
The Constitution equirc3 that all the
elective Stat9 officers, Legislature aud Con
gressmen, should bo elected at the election
which ratified the Cooetitution on the 1st of
December, 18G9; that these should all hold
for the fragmentary term of office which
was then passing, and also for the respec
tive full terms succeeding those fragmentary
t erms,and that hereafter all general elections
should be at intervals of two years. The
fragmentary terms, he says, ended and the
regular fijll term of the State officers com
menced, on the lirst Monday in January,
1971, and the duration of the full term, as
fited by the Cons.itu.tion, is for four years.
Tbe State officers were installed'and their
fragmentary term commenced on the 10th
day of Marcb, lS70,and ran from then to the
commencement of the constitutional regu
lar term on the 1st Monday of January,
1871.
District Attorneys aud county officers
were not elected, nor allowed to be elected,
when the Constitution was ratified, bnt tbe
Constitution required the Go.ernor to ap
point them to hold temporarily, until the
Legislature Bhould provide for filling those
office's by a special election. This special
election was held in November, 1871, and
the Attornov-Geneial says that the officers
then elected, and '.he State officers elected
in 18C9, shall bold over for both the frag
mentary terms and the full terms, which
expire Oti the first Monday of January ,1875,
and that their successors sha l be elected at
tho regular biennial election, whieh the
Constitution requires shall be held, for
Congressmen and all the State and county
offices and Legislature, in November, 1874.
This will give the State biennial elections,
as required by the Constitution, instead of
annual elfctions, as required by the ex
isting unconstitutional act of the Legisla
ture. The section of tho Constitution recited by
the Attorney-General is explicit and direct;
and be shews, by q toting from the existing
statutes, that the Legislature has already
declared the election of 1671 as only a spe
cial election, and accordingly have extended
heir own term of service, and yet propose
to cut ofi the term3 of offices to, in some
cases, two years less than their constitu
tional terms.
Lawyers, judges, politicians and taxpay
ers xra unanimous in sus.aining the Attorney-General's
view of the Constitutiou,and
t'je present Governor, State officers, mem
bers of the Legislature and county officers
say it is correct and shall be sustained.
"WaSHINGTOK
"w Opposed to Selling 3Iore Bonds.
'' Washington, D. C. Sept. 24 The
(Secretary ot tue treasury ttiis morning
suggested, to tlia rresidcnt that the pur
chase of bonds now being made cease when
$12,000,000 have been purchased. He says
the treasury cannot furnish all the curren
cy that tho people may want and that tbe
Treasury must be kept strong so that it
may be In condition to assist commerce af
ter the fi nal crisis has passed.
Another Itndlcal Defaulter.
. . Commissioner Douglass has received in
formation of the defalcation of Collector
Widener of the Second district of Alabama,
at Montgomery. The defalcation is sup
posed to be about S20.000. Orders have
been Issued for his arrest and suspension
from office.
Denied.
Special Acent, Michael, reports to the
Department that he has thoroughly invest!
gated the c targes that office stamps were
used in Washington county, Ya., to send
political documents through the mails, and
finds there is no truth in it whatever. The
report is sustained by certificates and other
evidence.
The Search for the Polaris.
The Navy Department is in receipt of of
ficial dispatcbos from Commader Jas. A.
Greer, of the Tigress, describing the search
for the Polaris' crew. The report conforms
with tbe press accounts previously publish
ed. No afors Bonds to be Pnrchnsed Until
the Wandering: President lletnrns.
Inquiry having been made to-night of the
Secretary of the Treasury as to the farther
purchase of bonds by the covcrnment, it
havlog been reported that the limit of such
purchases his been reached by the Sub
Treaiurer at New York, Judge Richardson
annouccis that purchases will stop till the
return to this city of the President, when
the subjsct of continuing the purchases will
be taken into consideration. The Presi
dent Is expected to reach this city to-morrow
oveuiDg.
3IEM?lilS.
Increased Mortality.
Memphis, Sept. 24 Tho change iu the
weather the last 24 bouts Increased mor
tality from yellow fever. There were six
teen intencciits from all diseases to-day.
Very few new cases repjrted.
'rates' woolen mills at Allenlowu, Pa.,
burned yesterday. Loss S10,000.
NASHIIXE
ESTABLISHED MARCH 30. 1835. NASHVILBE, .TENN., THURSDAY; SEPTEMBER 25, 1873. NEW SERIES NO. 1,579.
COOKE'S CRASH.
The tck Exchange Still Closed.
TMslBacUon Absolutely Necessary.
$2,011,700. Bonda Purchased Yes
..terday.
Another $10,000,000 Bank Pool.
$12j500,0O0 of Certificates Used up
Since Monday.
Only Two New York Failures Yes
terday.
Clowes & Hambiclit, of Loudon,
pend
Sus-
Failures in Wilkesbarre, Richmond
aud Petersburg.
The Policy of the Treasury. ,
Special to the Cincinnati Commercial.
WABHiHGTOir. Sect. 22. Gen. Grant
and Secretary Kichardson arrived hero from
New York early this morning. There was
no formal Cabinet meeting, and there prob
acy w:u not D8 during tnis weeli. At tne
impromptu meetinz to-dav. the financial
.situation In New York was discussed, and
tne actiun ions tar tasen oy tne President
anl Secretary of tbe Treasury upon the ap
peals mado to them while they were, in
New York was approved, and it was agreed
tnat nothing torther should be done until
some great and urgent necessity required.
Tne Associated Press and other dispatch
es of last night misrepresented the reply of
tne f resident to tne committee or business
men in New York yesterday. Gen. Grant
authorizes the statement that no question
regarding the constitutionality or unconsti
tutionality of the issuance of a part or all of
the legal tender reserves was involved. He
deemed the request of some of the mem
bers of the committee that the legal tender
reserves be transferred from the Treasury
to tho banks, to be a clear violation of the
law, and even if lawful, such a course was
antagonistic to the business interests of the
country, and In fact was strongly protested
against. He will go to the farthest possible
legal limits in the uso of the resources of
the Treasury to protect the legitimate busl-
nc&3 aud commercial interests of tho coun
try. He is conviuced of the legality of the
pa?t course of the government in drawing
upon the legal tender reserves, aud in order
tosausry liimseit more thoroughly about
the matter he called upon acd spent an
hour this afternoon in consultation with
the First Comptroller orthe Treasury, Hon.
R. W. Taylor, with reference to the law as
to the issue of legal tender reserves, and as
to what had been the rulings of the depart
ment when this subject came up during the
administration of Mr. Boutwell as Secre
tary, and of his successor, Judga Richard
son. Mr. Tavlor said that the subject be
ing submitted to him heretofore, he had
given his opinion unequivocally that it is
lawful fcr the Secretary to reissue these re-
-ves, and that in his mind there was no
shadow of a doubt about it.
Judge Richardson said this ovening that
he believed the storm was over and that
quiet and good order would soon, be re
stored in financial and business circles.
Numerous dispatches were received dur
ing the day by the President and Secretary
Richardson, in which many of most promi
nent citizens and business men of the lead
ing cities of the Union j .ined in congratula
ting the Executive and his Financial Secre
tary for their stability. Tbe telegrams from
New York coincided in the statement that
Wall street was clearing itself.
Currency In tho Treasury
To-day's exhibit make3 it appear that
there is a balance of S14.0O0.O0O currency
In the Treasury, but there should be de
ducted from that amount a little over o,-
000,000, which were paid out for bonds pur
chased on Saturday and to-day. Tbe exact
amouut bought to-day is $3,333,S50, while
on Saturday there was a fraction more than
2,000,000 worth of bonds bought. Thus
it will be seen that there still remains in the
Treasury about eight and a half million
dollars currency, which it is expected will
be as much as the Government will be ob
liged to use in the purchase of bonds, unless
some extraordinary and unforessen exi
gency snses. It, however, it seems neces
sary, the Treasury will continue to buy
bonds and will draw for quantity upon the
$44,000,000 legal tender reserve.
Views of the President.
Tho following are the principal points of
an interview with President Grant, which
will be published m the National Bepublt
can, to-morrow morning :
It became apparent to the iresident. be
fore the interview in New York ended,
that the railroad operators alone were seri
ously involved, and that the representa
tives of banks or firms not complicated by
thoso operations were free from the fright
of the panic The if resident, lurtner ex
plained that In pursuing the policy adopted,
it was intended to relieve the stringency of
the market by developing the actual neces
sities oi tne community in sucn a was as
not only to relieve these necessities, but en
able the government to purchase its own
indebtedness. In other words, he believes
that the purchsse of bonds by the Treasury
would enable the public, if an actual neces
sity existet1, for relief, to obtain that relief,
and at the same time enable the Treasury
to reduce the public debt by drawing on its
ample eurplusjjf cu rency. He was well
aware of the fact that the opportunity thus
afforded to the West to obtain the currency
so much desired in those sectiona of tho
country would be taken advantage of, but
this result be accepted with satisfaction.
He felt confident that the end bas been
reached, and that as-soon as the adjustment
of affirs now progressing is effected the
customary channels of business will reopen
and commercial transactions of every
character will proceed as before, with the
favorable exception that the marke's will
have reached a listing and substantial basis.
In alluding to the character of the panic,
the President denounced in most unspar
ing terms the absurdity of tbe propositions
of the stock gamblers, and added that the
result of tbo purchase of bonds exposed
the utter rottenness of the basis on which
they carry on their business. He argued
that if they were legitima.e business men,
having & legitimate business basis, they
would have been enabled to obtain currency
for their relief by availing themselves of
the actioa of the Government, 'ihe mer
chants and sound banking institutions have
already taken advantage of that action; and
while the facts developed by the result show
that the brokers had no bonds, the mer
chants, instead of discounting their paper
at ruinous rates, had obtained funds by dis
posing of their Government securities. Ho
received two dispatches yesterday from em
inent houses in Europe, interested in
American securities, informing him that
the policy of selling bonds had operated to
restore as well as to elevate confidence in
them.
Yesterday.
Special to the Union and American.
New Youk, Sept. 24 Tbe suspension of
Howes & Macey created the greatest excite
ment, as it was a reliable andunspeculative
house. The feeling was better in the eve
ning, but there is still great uncertainty as
to the future. There seems to be a sub
dued, unexpressed undercurrent of.fear
that the day of reckoning, postponed by the
use tf loan certificates, will yet prove se
vere on such as have not Government secu
rities to convert into cash. The railroad
hrnifArs. Hhnrt of snch securities, are
anvinnq. Tf mutual confidence can be
maintained, and "stocks bectme negotiable,
all will be bridged over safely; but tbe fear
that Sbylocks might use their power, may
induce honest but timid men to precipitate
fresh excitement by efforts to avoid being
victimed themselves.
To the Associated Tress.
Nkw Yobk. Sept. 24. The Governing
flnmmittPA has ripelded Tiot' to OP3U the
Stock Exchange to-day.
10:30.
No bonds were offered at ths Sub-Treas-ury
up to this time. The feeling' on the
Btreet is rather nervous. Brokers are con
gregated in front of the Stock Exchange,
bnt are doing little or no brisin&s. The
opening quotations were: Central 91 offer
ed; .Rock Island 86 offered; Western Uoion
G2 bid, 04 offered; Pacific Mall .32 bid; Lata
Shore 80 bid. A meeting of the bank
Presidents is now in session considering
measures to be taken in the present emer
gency. Bowes & BCacey.
Howes and Macey have suspended. This
is the first effect of the suspension yester
day of Henry Clews & Co. It was oue of
the houses mentioned in rumors as likely
not to weather the present storm, and its
suspension now makes closely watched oth
er houses reported embarrassed, rumor hav
ing been right this time. Mr. Macey stated
yesterday that h'ts house was not in the
slightest danger of suspension. "This is an
old fogy bank," -added Mr. Macey, "and is
not aliat embarrassed by the.panlc"
This morning Mr. Macey said the only
explanation of this suspension was that
which applied under existing circumstances
to all firms having a large number of depos
itors. Such houses must suspend. His
firm bad yielded to the inevitable result of
the" present flnxneial alarm, and would re
sume when quiet was restored.
Tho Sub-Treasury has bought this morn
ing almost a million bonds. The bank
presidents have decided to issue another ten
millions of loan certificates.
il:45 a. in.
The Clearing House banks at a meeting
to-day resolved not to pay out any more
currency but to certify all checks payable
at tho clearing bouse only. This is intended
to prevent any back up of greenbacks'. It
is understood, however, that small checks
will be paid as usual. The rulo to apply
to checks for large amounts.
Shortly after 12 there was a slight run
commenced upon the banking bouse of
Vermilye & Co., bnt tho partners state the
house was prepared to mee; all demands,
and that they were in no fear of the conse
quence of street rumors or of demands up
on them for payment. Foreign exchange
quotations are almost nominal.
12:30 P. M.
The Sub Treasurer purchased a million
and a half bonds up to this hour. An ef
fort is makingby theJ3ub Treasurer to dis
tribute the greenbacks as much as possible
and no mora is being suppliod ts Savings
banks then their needs require. "
A Prlvato Stoclc Exchange on a
Sound Basis.
An exchange has been opened at 111
Broadway for tbo sale of stocks and bonds
for cash. Th re is a large crowd in attend
ance. Sink or Swim.
The members of the Clearing House at
their mseting to day rResolved to
stand by each other with all their
interests and to expel any bank fail-
lag bo to do. Each member of the loan
committee was made a committee of one to
find out where ten millions of government
bonds or any part lof that amount cm be
purchased. The President and Secretary
of the Treasury have been asked to antici
pate the payments of bonded indebtedness
of the government not yet matured.
Stocks at Auction.
Sales of slocks at auction: 700 shares of
Delaware, Lackawana and Western from
85i to 87i, and fifteen shares at 00. Two
hundred shares New Jersey Central from
88 to 89; one hundred shares , New York
and Harlem preferred, 1081; twenty Unit6d
States 10-40s, registered, 105. The follow
ing are tho latest cash prices on tbe street:
New York Central, 88 to 91; Harlem 103
to 105; Erie, 50 to 53; Lake Shore, 78 to
79: Wabash, 43 to 45; Northwestern, 40 to
42; Milwaukee and St. Panl, 30 to 33; Ohio
and Mississippi, 27 to 29; Union Pacific, 20
to 21.
2 P.M.
All is quiet about the Savings banks
throughout tho city, and there seems no
suspension of payment, and depositors ap
pear mora confident.
Another Suspension.
Brown & Watson, gold brokers have sus
pended. Very little excitement followed.
The refnssl of Assistant Treasurer to buy
bonds from individuals gave rise to a report
that he had stopped buying bsnds. Up to
2 o'clock he bad purchased 2,iuo,uuu. x tie
bank presidents have another meeting to-
dav at half past three, iue oanKs nave
made their clearings in good shape and the
differences are settled. The pressure on
the banks from out of town h no larger
than yesterday and this demand is neutral
ized in many cases by iresn depositors.
There seems to be no unusual run upon
anv the bank3 aud they are meeting the de
mands promptly in greenbacks when it is
certain that no run is attempted. For the
most part they are certifying checks good
through the ciea-.ing house.
Henry Clews
was early in the street. Multitudes oi
sympathising friends were eager to ebake
hand3 with him aud it was the general ex
pression that tbe light made by the nonce
during the las'; few days was indeed a brave
struggle.
Closing Review.
The slight run upon some of the savings
banks noted from day to day has ceased
entirely. Tbo principal banks below Four
teenth street wero visited this morning, but
most of them were deserted oxcept by oc
casional depositors. At tbe Bowery Sa
vings Bank there were some parsons with
drawing small sums, but the demand was
nothing in comparison with a dy or two
ago. In some banks persons wno urew
their money during the early days of the
panic have deposited the amounts again.
Two prominent 6tock houses are receiv
ing their stocks which they have been un
willing to. do since the closing of tho Stock
Exchange. Brokers are beginning to think
they can see oayugnc. aioney is aoom. one
per cent per oiem. mere are no more
failures to report to-day, anu me reeling
although not cheerful is not so dishearten
ing as at the close yesterdsy.
Tho Developments Elsewhere.
Failure of Henry Clowes' JjondOH
House.
London. Sent. 24. Clewes, Hambicht
& Co. were informed yesterday that Jtienry
Clewes & Co. wero safe, and first Knew ot
the suspension of that New York house to
dav. Thev immediately called in their so
lie tors, and after a consultation decided to
suspend payment. Their liabilities are
240,000. Their other liabilities are 64,-
000. They have assets sufficient to meet
their own liabilities, but not those ot Men
ry Clewes & Co. The liquidation of affairs
depends upon the condition of the JNew
York house.
158.000 were drawn from the Bank of
England on balance to-day, for shipment to
New York. It is believed in financial cir
cles that a flow of bullion from England to
the United States will commence.
Petersburg:.
Richmond, Sent. 24. The corporation
of Petersburg had over two hundred thou
sand dollars in the suspended banks of that
city. McIIvaine Ss Go., or Petersburg, one
of the largest commission firms in the State,
is reported suspended. The Directors of
the Citizens' Bank ot Petersburg, at a meet
ing yesterday decided to suspend to-day
Richmond Failures.
The Dollar Savings Bank closed this
morning. Isaacs, Taylor & Williams,
bankers, suspended on account of the
scarcety of currency, their assets being
double their liabilities. In both the
above concerns the stone cutters employed
in the Government stone yard, were de
positors to a large amount. There is con
siderable excitement in the neighborhood
of the various banks. There is a run of
small depositors, but the banks aro allbold
Ing out and will doubtless weather through
the day. The Frecdmon's Savings Bank
requires legal notice, as also other private
institutions. A general meeting of mem
bers of the Chamber of Commerce, the
Corn Exchange, the Tobacco Association
and leading merchants will bo held to-day,
to consider the state of affairs and adopt
measures to strengthen public confidenc .
Pennsylvania. -PjiiitADEU'iiiA,
Sept. 24. No failures
are:reported at Allentown, Betblohcm, or
Harrisburg, Pennsylvania, or Trenton New
Jersey.
Wilbesbarre.
Wir-KEsrsAJUiK, l5ept. . 24. Brown &
Gray, bankers, suspended this morning. A
UNION AND
card on their door, gives the failure of Henry.
Clews & Co. as the. cause, but states that
tho firm will be all rightjln a few days.
The mining classes are large depositors, but
bave not yet learned of ihe suspension.
Muck eicitement exists among bankers and
business men. ,
Tne Kocomotlvo Scare.
PaTtkbson, Sept. '23. Four hundred
and fifteen rrlore.nlen are to be discharged
from Roger's locomotive works to-morrow,
making one thousand men laid off this
week, or two-thirds of the whole force. The
Danforth and the Grant works have not yet
decided to discharge any of their workmen.
Washington.
Washington, Sept.24 The Freedman's
SaviDgsRank to-day determined that it will
require CO days notice from depositors to
Withdraw money.
Milwaukee Stands Still.
Mn,wATjKEE,Sept. 24 There wa3 a large
attendance upon the re-assembling of the.
Chamber of Commerce this morning.. The
following resolution was offered and adopt
ed almost unanimously:
Resolved, That this Board stand adjourn
ed until Monday next, tbe. 29th inst., under
tbe resolutions of Monday last, unlqai
sooner called together by order of the Pres
ident and Board of Directors, provided that
nothing in this action shall be construed $3
Interfering with the settlement betwetu
parties of existing contracts and the calling
and putting up margins, and this Boned
recommends that all outside trading be &
continued.
Chicago
Cautions. - 1
!4. All the djgsrfSi
Chicago. Sent. 24
been a very quiet one on 'change and. the
prices of all grains have declined. There has
been a marked absence of excitement and a
continued feeling of confidence on tho part
of nearly all tho members of tho Board of
Trade. Last evening there was some agi
tation of a proposition to close the ooard for
a day or two but the movement amounted
to nothing. The Board of Directors to
day recommended to the members that
business be conducted cn as donservatlvo a
basis as possible and that efforts ba made
to adjust outstanding bills maturing the
present mbnth on some basis; that transac
tions be limited to the settlements of out
standing contracts and to sales of property
- a i. -it. . i i - iii i
iur casu auu mm m ait ixauaauuus a uuuu
and reasonable confidence be extended
where the same would under ordinary cir
cumstances be proper.
These recommendations, were received
with general expressions of favor and have
been followed with great unanimity; so that
there will by to-morrow night be very few
outstanding trades to settle. There are
now fewer outstanding than at any time
since the lire. Tho holders of cash grain
are indisposed to sell at present prices, and
this, with the inability to negotiate ex
change, prevents the filling of orders for
grain now here. There is a general feeling
of relief that the day has passed in Mew
York so satisfactorily, and renewed confi
dence in the ability of. tbe banker and
mercban s of Chicago to pull through all
ri,ht. There have been no failures of mer
chants cr grain dealers. The banks all
went through the clearing Ijouse to-day and
are in good hope, and there is an almost
nnivewal feeling that the storm has
passed by.
Brown, Lancaster & Co.
Baltimore, Sept. 24. Brown, Lancas
ter & Co., well known bankers in this city,
and agents of the Chesapeake and OhioRill
road, having branch houses in New York
and Richmond, suspended this afternoon.
The firm state that suspension was caused
by unexpected and unprecedented run. it
is said a statement will be made to-morrow.
LOUISVILLE.
The Two Dromlos Which was Which?
Louisville, Sept. 24. It has transpired
that a farmer named Hughes, coming into
Charlestown, Ind., the morning after the
recent forgeries on the banks here, met a
man answering the description of Norton,
the forger. He said It was his confederate,
walBing along the road who asked to ride
and was conveyed to the Bethlehem road,
where ha started off on foot towards Madi
son, Ind. One of his hands was badly hurt,
both hands were scratched and swoolon a3
if by a fall. He is now believed to be the
party who has the S6.500 got at the Farm
ers and Drovers' banks, Sept. 16, and who
jumped off the train at Jeffersonville. He
doubtless took the mail boat at Madison
and went to Cincinna'i. The examination
zl Norton comes off to-morrow. There is
a good deal of mystery about the robbery .
Both men were dressed alike, and it is
thought tbe cashiers cf the robbed bank
cannot swear to tbe recognition of Norton.
Several othsr banks were visited by these
forgers without success, and one cashier
states that the same party entered the office
two -years ago with a check for $1,200, but
on identification being demanded he with
drew. THE MEXICAN BORDER.
Contlnned Outrages on American
Citizens.
BitowNSviLLE, Sept. 24. A series of
robberies and grand murders have recently
been committed on United States citizens
residing and travelling in tbe Mexican
Border States, which appear to indicate
that tbe bandits select American as their
victims, either because of McKenzie's raid
into the Kiekapoo camps, or because tbe
authorities are so unfriendly to Americans
that such crimes can be perpetrated with
out fear of punishment. Within a short
time a dozen persons havo been outraged,
among them the Perdu family, the men,
women and children being tiod acd left, to
starve in an unfrequented spot. The per
petrators of one of these crimes were ar
rested and their guilt clearly established,
except in tbe Perdu case. Yet not one of
them was punished, the authorities being
indifferent or powerless. The facts having
teen proven betoro the united states con
suls and sent to Washington in hopes that
redress will be demanded.
CHICAGO.
Sbocklnir Suicide.
Chicago, Sept. 24. A shocking suicide
occurred at Oak Park Station, a few miles
west of this city, on tho Northwestern rail
road.last evening. It. G. Lyon, President
of the Adams, Blackmore & Lyon Publish
ing Company, of this city who resides in
the Park went to tbe depot and taking a
stand by the side of the track waited till a
locomotive came along when he suddenly
threw himself on the track in front of it
and was litterally torn, to pieces. Mr. Lyon
who was aged 60 has for two or three
yetrs suffered at times from severe mental
depression caused sy ill health, but has
latterly been in batter health. He was tbe
originator of the National series of Sunday
school conventions and the author and edi
tor of many Sdnday-school publications.
NEW .ORLEANS.
About 100 Deaths in 79 Days.
The Fever not Epidemic.
New- Oblbans, Sept. 24. Notwitb
standing the exaggerated report of yellow
fever In New Orleans, the general health of
the city was never better at this season.
Dr. C. B. White, President of the Board
of Health, In an official statement 1 3-day
mentions the fact that 79 days have elapsed
sinco the first case occurred, and up to date
the number of deaths from the disease bas
not averaged one and a half per day. He
also states that there are now only twenty'
six cases under treatment, the moat of these
convalesing. The cases are all remote from
business csntres.
LITTLE ROCK.
The Money Panic in I.lttle Bock.
Little Rock. Sept. 24. The money
panic in this city continues, while a large
nnmber of merchants decided to-day to
continue taking city money as formerly
laree number, including all produce and
grocery dealers, signed an agreement not to
take it so long as tho banks refuso to give
Eastern exchange for it. The excitement
is very great. City money bas been the
only circulating medium in use lor several
years.
POLITICAL,
Badical State
Convention of
York.
New
A Fuy TJckeWn the'FIold.
The Salary
Grab A
Questionable
Device.
Utica, N. Y., Sept. 24.-The Republi
can State Convention was called to order by
Alonzo B. Cornell, chairman of the, State
Committee. David J. Mitchell was made
temporary chairman and committees on
credentials and platform were appointed
and to thelatter committee was referred
without debate under the rule a resolution
disapproving of tho increase of salaries by
the last Congress. The reading of this reso
lution elicited applause- It i as follows:
Resolved, that the Republicans of the
State of New York, in cornmdn With tbe
great body of their fellow ReprubBcaus
throughout the countr , disapprove of the
measure adopted by Congress increasing
the compensation of its own members; that
this Convention regards thW as one of the
many wrongs which aro due to tho system
which authorizes the holding of a Congress
after the election of a new Congress; that
In the judgment of this Convention no
person ought to be permitted
to'sit as a member of a legislative body af
ter tie predecessor to his seat has been
elected, and that Congress and the- State
Legislatures ought to make such provision
as that the record of a member of Congress
5-fshaIl be before theT-eople, when proceeding
to tbe election of a new congress.
Ex-Lieut. Gov. Stewart L. Woodford,
permanent chairman, spoke of the necessi
ty there was for enlarging the carrying ca
pacities of the canals if New York hoped to
retain tho grain trade of the West.
Tbe Ticket.
Francis S. Thayer was then nominated
for Sscretary of State, Nebou Hopkins for
Comptroller, Daniel G. Fort for Treasurer,
B. J. Silliman for Attorney-General, Col.
Sidney Mead for Canal Commissioner, Wm
B. Taylor for State Engineer, and M. K.
Piatt for Prison Inspector.
The Wisconsin Coalition.
A Full Ticket Nominated.
MiLWAUKEEjSspt. 24. The Democratic
and Liberal State Convention assembled
at noon to-day, and this evening nominated
the following: For Governor, Wm. R.
Taylor; Lieutenant Governor, S. D. Parker;
Treasurer, F. Knhn;Secretary,Peter Doyle;
Attorney General, A. Scott Sloan; Super
intendent of Schools, Edward Seating;
Commissioner of Immigration, N. L. Ar
rand. Bcsolntlons Hissing School Funds.
The convention which sdjourned from
yesterday to 4 p. si. to day, united with the
Democrats and Liberals and adopted reso
lutions favoring cheap transportation, im
provement of the Wisconsin, Fox and other
navigable waters of Wisconsin at the ex
pense of the government-opposed to protec
tive tariff law, back pay, monopolies, free
passes to memoers of ths Legislature I
credit Mobilier and corrupt legislation,
closing as follows:
Resolved. That fidelity in tne adminis
tration of public affairs demands rotation in
office and an untrammeled exercise of per
sonal judgment in the selection of public
stewards, and we pledge ourselves to vote
for no candidate for ollica whoso nomina
tion is the fruit of his own importunity or
corruption among leaders; that onr
hope of the future Iie3 in tbe education of
our children and the general intelligence of
the people, we therefore demand the cuoful
preservation to the State of whatever re
mains of our once magnificent school fund,
and such legislation as shall relieve the
masses of the people from unnessary bur
dens in the number aud cost of text-books
for our public schools.
WHEAT.
Bureau Report of the Crop.
Deficient Culture.
Washington, D. C, Sept. 24. The
crop reports of September received in the
statistical division of the department ot ag
ricultureresent an average of 95 per cent,
for the condition of the wheat cn.p as a
whole, which is about the same as in the
September report of 1872, while the present
area in cultivation is niucn larger, mere
i3,a manifest improvement over last year in
Maine, Missouri, Kansas, unio, rennsyi
vanla, Mississippi and New York. The
averages of Illinois, Iowa and Michigan dif
fer a little from those of 1872. California
and Ind'ana are less favored. The States
in which a more than average yield of
wheat per acre as indicated by
the September report are Minnesota, Wis
consin, Nebraska and Oregon in the West,
and New York, 1'ennsylvania, Connecticut
and Massachusetts in the East. The in
creased breadth in wheat will place the total
quantity in several other States above
the usual product and give a larger aggre
gate for the crop cf the United States than
Was securea in ID is. inequality is genu-
rally superior. In most localities the grain
yield was better in spring than was expect
ed. In New York 33 counties of 3a reported
make returns of average on poor yields
and every Southern States falls to make an
average crop. Iowa claims an average
yield upon a larger area as do Mosouri and
Kansas. Ohio and Michigan come very
near an average yield. Illinois reports in
dicate 7 ner cent less than the average and
Indiana and Kentucky a still greater de
preciation. The facts presented bycorres
pondents show conclusively that tho crop
deteioration from climate causes is great y
Increased by carehs3 husbandry, and that
crop failures are in a great measure avoida
ble. Much of the loss from rust, blight and
even from insects is directly iracoabla to
low vitality, resulting from imperfect prep
aration of tbe soil and deficient cultivation.
In all parts of the country, especially in
tbe South, the records of skillful culture of
wheat show repeatedly ooumo tne usual
average of wheat.
NEW YORK.
Tho lioublo Suicide.
New Yobk, Sept. 24. Thomas B
Parker, age 42, shot h's wife this morning
and then shot himself. Jealousy wa3 the
cause. The wife may recover.
SHREVEP0RT.
Shuevepobt, La., Sept. 24. 13 inter
ments to-day, including five colored.
Beported Shipwreck.
Quebec. Sent. 24. t he steamship Med
way, from this port for London, is reported
wrecked in the straits oi .Bene, anu sev
eral of the crew drowned.
Condensed Telegrams.
E. W. Whitcomb, Indiana State Agnt
of tho St. Louis Mutual Life, has been nela
to answer on a chartre of embezzling the
nnmnanv's mnnev.
The St. Louis RemUican has a horrlfy-
insr storv of a fataer and mother murder-
ine the natural child of their daughter.
Tho State Congrees of Coahulla are in
rebellion acainst their Governor and the
Mexican Oovernment.
The American Board of Foreign Missions
aro in session at Minneapolis, iney re
port receipts of 131,000 during the past
twelve months.
The Yellowstone expedition has reached
Fort Lincoln.
Francisco Gnnazzo, who was proclaimed
Dictator at Rome in 184'J, mea yesieraay.
A firo in the Manchester Athenaeum yes
terday destsoyed 200,000 volumns.
Little Rock merchants yesterday con
tribnted $300 to the relief of Shreveport.
A toung man in Lawrence, Mas3., who
was paying attention to a girl, gaveher some
trinkets as tokens' of his affection, including
a ring, bracelets, earrings, etc. Seeing her
tho bther evening with "another feller," he
walked up and demande i his love-tokens
back, and being a special police officer
informed her that if she did not comply he
wonld take her to the Dollce station. She
surrendered the baubles.
AMERICAN
No. 3 City Hotel Block.
MORGAN, THOMAS & CO.,
WHOLESALE
N O T I
White Goods,
CLOCKS, WATCHES, JEWELRY AND TOYS.
Oar Pall Stock is Complete, and will be Sold at Eoiv Prices and oa X.lbaral Terms.
IRBY MORGAN, JAS. W. THOMAS. W. C. DOR, ELL, sep9 3m lstp top col
J. L. THOMAS, F. M. GOOD ALL.
NEW COTTON FIRM
The firms of S. B. SPURLOCK & CO, and W. E. HOKE have this day entered into a copartnership as Cotton Factors, under
the name and style of
PURLOCK, HOKE & GO,
MESSRS. GEO. J. GOODRICH and W. E. HOKE, orthe above firm, will give the Cotton boa'nesa their eHtlre personal attention. We re
spectfully inform the friends of the old firms and the public that we have tmsarpasaed facilities for handling Cotton, and can assure them that
we are prepared to giyo satisfaction.
W e avail ourselves of this occasion to return thanks to our patrons for past favors, and solicit same for the future. Having ample room, we are pre -pared
to give our attention to consignments of Wheat and Country Produce generally. On hand, a large stock of Bagging, Ties, Hope, etc, wtucU
we can furnish at lowest market rates. Liberal advances made.'
SPURLOCK, HOEE & CO.,
Kos. 90 and OS South College Street.
S. B. SPURLOCK & CO. will continue the Wholesale Grocery and Commission Business at
their Old Stand; No. SS corner College and Broad.
sepll lm lstp
:a. c. ewikg.
B WING & CO.
Nos. 14 and 16 SOUTH MARKET STREETS,
SPECIAL AGESTS AND DJ3AEXBS IN
Robertson Comity and Genuine Log, Distilled JLineoIn Conatj Whiskies,
PEAOH .K3"Z APPLE SS5.2l3KT33XE3S- ,
AlSO. A FULL STORK
Every kind of LIQUORS usually kept in Liquor Establishments always on hand, together
i . . -? 4- T- "IT" A TIC J mT . n r-
Alii. OF WHICH
sep25 tiHmh0,74
FOKEIGK
Ashantee.
Londox. Sept. 24. It is reported that
John Bright is opposed to the war against
Ashantee and 'will resign from the Cabinet
if it is further prosecuted.
A Government "fib."
Madrid, Sept. 24. The insurgent frig
ates left Alec&nte because the foreign con
suls, except that of Great Britain, protested
against the bombardment ot tne city.
The British Consul, for some unknown
reason,"refnsed to join in the protest.
The Spanish Minister of Colonics to
Visit Cuba.
The Minister of Colonies proposes to go
to Havana in person to study the Cuban
question, with a view of making important
reforms. It is reported that tne opanisu
Government will soon address a formal
complaint to the French government, set
ting forth that the Csrlist Chieftain Seballs
wa3 permitted to pass through tho French
Territory and cross the frontier in Catalonia
without hindrance in violation of neutrality.
Losdon, Sept. 24. A special dispatcn
from Alcante of a latter date than that from
Madrid denies that the insurgent vessola
have left there. It says they are yet in the
harbor and will commence the bombard
ment of the city to-morrow.
French Politics. 323
Paris. Sept. 24. Tbe leaders of the
Right propose to call a grand reunion of the
party to be neia in this city as an eany aay.
The Royalists have hopes of divisions in
the Bonapactist ranks. The Rouhr faction
is disposed to act in conjunction with tho
Royalists, while McMahon and his friends
are opposed to the prolongation ot the pre
sent provisional regime.
PHILADELPHIA.
Correspondence of the Union and American.
Philadelphia, Sept. 19. Thanks to
the genius of Morse, you bave .doubtless
received all the details of our great panic
here the pist few days. Ihe scene at the
Stock Board reminded the spectator of
some of the pic ures from Dante's Infemo.
Immensa amounts or stocks were thrown
on the market, tho larg.st proportion being
Pennsylvania Railroad. All was confusion,
and if the sceno in New York on the
memorable Black Friday was worse, it must
indeed bave been a veritable ranuemonlum.
Pennsylvania Railroad stock rapidly de
clined to 4i, but was all purchased, were
beine anprently many who had not their
faith in the great corporation shaken as
yet.
evidences of progress.
Yesterday tbo steamship Columbus, of
Clyde's New York and Havana line, was
landea irom the yam oi Messrs. wm
Cramp & Co. She Is built ol iron and is
282 feet long, 85 feet bredth of beam, 24 feet
depth of hold, and 2,000 tons burthen.
The Masonic fraternity are making exten
sive preparations for the dedication of the
new Masonic Temple at Broad and Filbert
streets. The dedication takes place on the
26th inst.
ANOTHER BIG BALLOON.
The Evening Herald announces that they
will send up another balloon sometime in
October, but for what purpose it would be
hard to telL The public interest is, howev
er, dvine out in that line since Prof. Wise
made such an inglorious failure. It may
be possible for a balloon to cross the ocean,
but I bave matle up my mind to die as
peaceably if I don't see it accomplished.
CITY POLITICS COUNTLNO VS. VOTING.
Tbe political pot is beginning to seethe
and babble. As tho election wut ne tor io
cal officers only, the Reformers are disposed
to think they have the inside track. It will
be a hard straggle to carry anything against
tho rine that now rules this city so long as
they have the appointing of the election of
ficers, as no matter how tne vote may sianu
they will count themselves iu. ir tne as
pnblicau party do tbe counting on election
day equal to their efforts at their primary
election, they will have the largest majority
ever polled in this city ; in fact their major
ity will, in that case, outnumber the entire
population. irHILADELPITDo.
New York houses are overrun by the
(I niinn Yintr nn inswf. that bfilonss to
ViV.UU u "C' w " - O
the genus cockroach, and for whoso exist
ence in the city the Croton water is sup
posed to be responsible. They are harm
less, bnt a nuisance. In appearance and
movement they somewhat resemme mose
swarmins buas seen to make the figure
ntrrVit- nn sttil nnriiiq liarlrw.ird and forward
in incessant motion. In New York they
invade desks, bureaus, drawers, closets,
wardrobes, and refrigerators. The flour
barrel is their especial haunt, ana Decs an
bedding, the wainscotting, mantels, dining
tables, window sills, wherever in fact a
ha fntmri thnv are snuelv ambus
aa Tiimr ira Yirft to kill. Thsvrevel
WIUCU. MLX,J - -
in exterminating powder, and defy tho most
deadly poisons, rowaereu uoiai auu pow
dered alnm have alike proved inefficacious,
and the souls of the housewives are in
jo.n.ir Ti. faAvpn said thatmanvnn town
Uk.J'U . a w .u w . j I
houses in New York are for rent simply
il T t
on account oi mis piague.
AGlass gold-lhn giobe, rilled with water,
set tiro to the sleeve of a lady's dress in
New Haven, the other day, by concentrating
the rays of the sun. Quito a large hole was
burned before the fire was found. Aud the
innocent gold-fish in the globe didn't know
it J was warm at all.
O
Underwear, Sliirt?
A LAXUK ASSORTMENT OP
c sr. SATIS.
WE OFFER OJS BEST TERMS
PRINTERS AND
A. B. TAVEL.
WM. E. EASTMAN.
TAVEL, EASTMAN & HOWELL,
PUBLISHERS, STATIONERS, STEAM PRINTERS,
AND
MANUFACTURERS
Are constantly- receiving1 supplies of
pins Paper or every description, Invoice and tetter Books. Gold
Steel Pens, Fluids, etc., all or which they are
Selling at the- EO WEST PKICES.
into, -a.3 Tjraxrxoio- sthjsht.
my25 ly lstp
WHOLESALE'.DRY GOODS.
EVAJfS, JTITE, JPOBTJE3S & CO.,
WHOLESALE SEALERS IS
DHY GOODS AND NOTIONS,
NASHYILI.E, TEffff.,
Are now in receiptor a EARGE STOCK
to which they Invite the attention
SKfT. 3, 1SZS.
BTUC5-M' jDOUGHiAS & CO.,
JOBBERS OF
DRY GOODS AND NOTIONS,'
53 PUBLIC SQUARE.
We bave now in Storo a new aad well assorted PAEE STOCK, to which wa
Invito tbe attention or the Trade.-
sepll eodlm
'PRACTICAL
U Ati LI KtK .Of
STEAM ENGINES, SHAFTING AND PULLEYS,
AND MACHINERY OP ALL KINDS,
No. Oi SOUTH CIIEKIJY STREET, - - KASETVIEEE, TENS
PARTICULAR AND PROMPT ATTENTION GIVEN TO ALL KINDS OT JOBBIHH
Work, and -whero the bill exc98ds the amount of 830, the work will bs done at Cincinnati priwM,
PnU linos of Patterns always on hand, and two Pattern Makers constantly employed. Mill Mv
chinery and Pulleys a specialty. mh!8 eodly lstp
WHOLESALE
IOO Barrols Old Robertson County Whisky;
SO Barrels Old Uncoln Conaty rt'hisuy;
BO Barrels Old Bourbon Whisky;
SO Barrels Old Bye Whisky;
25 Barrols Old Peach and Apple Brandy;
25 Barrels California Grape BraHdy;
23 Barrels Vnlirornia "" nine;
23 Barrels California Sherry Wine; f)
23 Barrels Angellco Wine;
25 Baskets Champagne;
BOO Boxes Clears;
BO Caddie, 'lobacco. all kind;
BO Caddies Uncle Ned Tobacco;
BO Caddies I.ogr Cabin Tobacco;
AndalargaassortmsntorffBEaa CANNED OUODa,alI of which will ba sold ver cheap t
wU0le8al DXIiMN, Wllf STEAD & If ATE,
ap29eod till feb!3,H lstp 56 North Coiiexo Street, between Union and Sqaaro
WALL PAPERS,
France, England, Germany
JOJLOT W. JBDLXIi A
PROPRIETORS OF THE
Manufacturers'
Wholesale and
WALL PAPERS,
the largest now sracJt oi aurniwr,.iuuuwouaue eic, eoaiaortne Ohio. Onrirtu-lr I. rnl--i
with the Utost and most beautiful destans recently imported direct from tho Old wSrtd- anS t
respectfully innta the tnde to call and seo oar new goods, which we now rosit5viv tr f? iZ
price thanoTer berore offered in tho South. We hare a corps of the most comMtat?HmM,!
employed, who will do their work In the beststyle for tho same price demandedbT inferiinrv!
Don't faU to caU. JOUM W. HIM. & CO.. 22 s3colC.s,Z,
janSlyeod Between Chorea anq Btouhj
.'. . . ' .-,ir.i n 1 " ...
AGRICULTURAL
A. M. PERINE.
A. M. PERINE & CO.,
KENTTJCKTT IRON, HEAVY HARDWARE,
WAGONS, WAGOIf MATERIA!,,
AGRICULTURAL IMPLEMENTS AM) FIELD SEEDS,
Nos. 18 and 20 South. Market Street,
feb20 eodly '
.lfASIIVIX.EE, TEXN.
DAILY CMOS AST) AMHICil
WHEN IT WILE- BE DELIYE ED AT Tn 4
Wmptly every moxx-
"JShs PEX WEEK,
N S!
and Bibloiis.
x. ii. Ervxsa.
TO THE TRADE.
STATIONERS.
B. H. HOWELL.
OP BLANK BOOKS,
Envelopes Writing: anl Fine "Wrap
OF GOODS for their PAEE TRADE,
of Merchants visiting this city.
sept eodlstp tillmh2,'71
MACHINIST.
GROCERS.
ETC., ETC.
and "America All Represented
CO.
Southern Depot
Retail Dealers la
WINDOW SHADES,
... . DriQ-l
in.nnf . . . .
MACHINERY, ETC.
L. H. HITOHCOOK.
1

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