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market, but the outhern and Western markets. On that day over $8,000,000 in currency had been released Gold had the day sold, low as 110 in greenbacks. The Glenham Woolen Mills, at Glenham, N. Y., had suspended. The Tribune had prepared a leader advocating the immediate resumption of specie payment, closing with the following significant language: "The country is passing its grandest opportunity since the war. There has not been, since the passage of the legalact, any financial situation or crisis that so held out all its hands inviting to resumption. Shall go by? The crisis calls for firm hand, clear head and determined purpose. That's all. To-day's opportunity is for the country, for the dominant party, for the President. Let the President issue his proclamation convening Congress in an extra session at eight or ten days' notice, with the sole object distinctly stated in the call. For ten days past the people have done almost nothing but stand in front of their balancesheets and inventories and see racid and constant shrinkage in values, and there's no knowing where it will stop or when, for the simple reason that there is no financial hardpan. Sometime we must get back to specie; that's admitted. Why not now? When will there be a better time? When would the whole country be more benefited by it than now? There ought to be statesmanship enough in Congress to devise simple, practicable method. Let President Grant settle it as far as he is concerned by convening Conputting upon it the responsibility of meeting the emergency. A Philadelphia dispatch of the 29th an nounces that Benjamin Bullock & Sons, of that city, extensive wool dealers, had failed for large sum. The failure had been caused by suspension of the Glenham Manufacturing Company, of New York, which was indebted to them in the sum of $600,000. The West. In Chicago, on the 23d, opinions were freely expressed by leading financiers that the bottom had been reached. The feeling on the Produce Exchange was excited and peculiar. In the morning every one seemed to think that the day would look brighter, and the market opened somewhat buoyant. It could not be kept up, however, and prices dropped till wheat got below one dollar per bushel. The long expected prize fight between Allen and McCoole came of at Chateau Island, fourteen miles above St. Louis and nearly opposite Mitchell Station, on the 23d. The contest lasted twenty minutes, seven rounds were fought, and Allen was declared the victor. It was a brutal affair and the dispatch stated that McCoole had been terribly punished. A full meeting of the Chicago ClearingHouse Association was held on the evening of the 24th, at which the following resolution adopted: Resolved, By the Chicago Clearing House Assoclation city of until the disturbed condition other the and of the Bank its large made upon any from country banks or over their A Milwaukee, Wis., dispatch, of the 24th. says Chamber of Commerce of that city had suspended, and that there would be no trading in grain until further notice. On the afternoon of the 23d, Mr. G. G. Lyon, of the Chicago publishing house of Adams, Blackmer & Lyon, commi itted suicide by throwing himself in front of an approaching locomotive at Oak Park, Illinois. Physical and mental depression is said to have superinduced the tragedy. The Democratic and Reform State Conventions of Wisconsin united at Milwaukee on the 24th and nominated the following State ticket: Wm. R. Taylor, Governor: Charles D. Parker, Lieutenant-Governor; Ferdinand Kuhn, Treas urer; Peter Doyle, Secretary; A. Scott Sloan, Attorney-General; Edward Seuring, Superintendent of Schools; M. J. Argand, Commissioner of Immigration. Resolutions were adopted favoring cheap transportation, the improvement of the Wisconsin, Fox and other navigable rivers of Wisconsin at the expense of the General Government, opposing protective tariff laws, back pay, monopolies, free passes to members of the Legislature, Credit Mobilier, and corrupt legislation, and declaring that the party would vote for no person whose nomination was the fruit of his own importunity or combination among partisan leaders. The State Liberal Democratic Convention of Minnesota met at St. Paul on the 24th, and decided to make no nominations. Resolutions were adopted advising all Democrats and Republicans to yield a cordial support to the nominees of the Owatonna Convention. The Chicago Journal of the 25th says that it had become necessary to say that the banks of Chicago had not suspended payment or closed their places of business. The action of the preceding night was not in consequence of panic but to prevent panic. They had not ceased business, were continuing to receive deposits and pay out such sums as might be needed for ordinary business transactions, but where were demanded to hoard or withdraw from business operations they had resolved to delay the payment of these until the financial storm had passed. The currency stringency in that city had had the effect to bring the extensive hog and cattle trade to a stand still, It being impossible to make cash sales. The Union Live Stock Yards contained 30,000 hogs and 10,000 head of cattle, all that the yards could possibly accommodate, and the live stock commission merchants had notified the railroads and country shippers that more live stock would be received until further notice. The Cincinnati Clearing- House Association adopted on the 25th a resolution substantially the same as that adopted on the 24th by the banks of Chicago. A dispatch from Kansas City, Mo., of the 25th, says that the banks of that city had suspended. dispatch from St. Louis, of the 25th, says that the banks of that city had held meeting on the evening of that day and resolved to adopt the plan of issuing Clearing House certificates. A Detroit dispatch of the 25th announces that the schooner W. J. Whaling had been beached at Grand Haven, Michigan, on the forenoon of that day. Vessel and cargo were total loss. Two of the crew were drowned The Inter-State Industrial Exposition was formally opened at Chicago on the evening of the 25th. The huge structure was thorough ly packed. It was estimated that fully 20,000 persons were in. Dedicatory speeches were made by U.S. Senator Logan, ex-Governor Oglesby and others. The 26th was Chicago's Black Friday. The Union National, the Second National, the Manufacturers' National, Cook County National, and the National Bank of Commerce doors.on the that
